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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” Fewer organizations achieved their business goals in 2023 than in any recent year, aside from 2020.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

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Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

With [their] ability to help with inventory forecasting, improve shipping times, and tracking, it’s easy to see why [autonomous systems are] talked about in a positive light around the area of logistics.” 3] Kathleen Walch, “ The Autonomous Systems Pattern Of AI ,” Forbes, 30 May 2020. [4]

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This Week in Logistics News (August 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters.

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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

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This Week in Logistics News (September 16 – 22)

Logistics Viewpoints

And now on to this week’s logistics news. In past years, USPS has hiked its fees from roughly October to January during the annual surge, including increases in 2022, 2021, and 2020. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.