The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. brings innovations like IoT, robotics, data analytics, and other technologies to improve supply chain management and improve performance.

Supply Chain Disruption 246

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Parade

MARCH 9, 2022

San Francisco, CA — March 9, 2022 — Parade, the leader in carrier access and the truckload capacity management platform software for freight brokers, announces partnering with Turvo and integrating with Turvo’s Collaboration Cloud and transportation management system (TMS). About Turvo. www.turvo.com ). www.turvo.com ). About Parade.

Supply Chain Design Software 78

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Intelligent Audit

JANUARY 17, 2023

With 2022 now in the past, key players in the transportation industry are reflecting on the wins, losses, and toss-ups of 2022. For UPS , the end-of-year peak season shipping boom gave them a chance to strut their stuff, while for FedEx CEO Raj Subramaniam, 2022 held challenge after challenge. 24, UPS delivered 97.5%

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Intelligent Audit

JUNE 22, 2022

But delayed payments or mistakes with freight invoices can create a cascade of disruptions for companies of all sizes. What is a freight invoice is a loaded question. Minor errors in freight invoices can add up over time, add to overall expenses, and cut shipping profits. Freight Misclassification.

Freight 52

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BlueYonder

NOVEMBER 14, 2022

The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. Today’s AI- and ML-enabled solutions are positioning companies to master four key supply chain challenges associated with the 2022 World Cup: Agile demand planning at the speed of change. The post The Real Winner at the 2022 World Cup?

Supply Chain Planning Software 73

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GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

Prescriptive Analytics Software 308

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Intelligent Audit

AUGUST 11, 2021

Nominations for the 2022 FreightTech 100 Awards are now being accepted With the upcoming peak season on our minds and with more than 25 years of revolutionizing freight auditing and payment processing, Intelligent Audit wants you to take a moment to reflect on the past year’s innovations and humbly asks for your nomination.

Analytics Software 52

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Intelligent Audit

MAY 12, 2022

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. billion in February 2022, […] up 17.2% The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S.

Freight 52

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

There is a long way to go, particularly for brands whose products are shipped thousands of miles to reach overseas customers, requiring air freight transportation to keep within acceptable delivery times. Sustainable aviation fuel (SAF) is slowly coming to market which will make air freight less environmentally damaging.

Shipping 243

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The Logistics of Logistics

APRIL 17, 2023

Prior to joining OneRail, Ron was the CRO at Turvo, a TMS solution provider that offers end-to-end communication and analytics solutions for freight brokers, 3PLs, shippers, and carriers. OneRail’s platform offers real-time visibility, predictive analytics, and global control tower capabilities to its customers.

Supply Chain Design Software 210

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Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Yes, we have achieved greater normalcy in transportation. The reason?

Supply Chain Planning Software 374

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Unleashed

NOVEMBER 1, 2021

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.

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Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

Cost Reduction Strategies 52

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Intelligent Audit

JUNE 30, 2022

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Retail supply chain management has always been a complicated and complex process. billion tons.

Optimal Sourcing 52

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Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. Outlook: More Agility, Data Analytics Will Help Speed Improvements. The post Lessons Learned from 2021 Peak Season for 2022 Planning appeared first on Intelligent Audit.

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The Logistics of Logistics

JULY 27, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Mark joined Emerge in January 2022. About Mark McEntire .

Logistics Network Optimization Software 185

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Logistics Bureau

OCTOBER 24, 2022

Since we promised to update you regularly, we’ve collated some of the latest stories from the world of freight shipping, warehousing, logistics services, and supply chain technology, so that you can keep your finger on the pulse of the fast-changing logistics landscape. Renault’s plans for network redesign and S&OP improvement.

Supply Chain Planning Software 52

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Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. It would follow that an increase in packages and parcels will increase freight damage. dollars in 2021.

Logistics Network Optimization Software 52

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Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. That’s why it’s important to have an objective view of what’s happening to supply chain tech in 2022 and what it means for your organization’s future. The Foundation of Supply Chain Tech: The Supply Chain as a Service Will Get Bigger.

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Intelligent Audit

NOVEMBER 22, 2022

As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Managing Freight & Parcel Spend is No Holiday Walk in the Park. Experts Predict Lower Congestion, Labor Woes for 2023. Roughly 2.5%

Turkey 52

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

Tim worked in management positions at multiple MNCs for more than 25 years, gaining a wide knowledge and expertise in logistics operations, Tim has crafted delivery solutions for many e-commerce clients and managed the supply chains for several chemical and freight forwarding companies. LogiSYM Supply Chain Magazine – April 2022.

Supply Chain Design Software 245

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Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. billion in October 2020. All rights reserved.

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

Supply Chain Planning Software 246

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Intelligent Audit

MAY 25, 2022

This is excellent news for everyone in freight accounting as companies struggle to increase profit margins that have narrowed amidst increasing fuel surcharges. . on May 22, 2022. But, how can one know if moving past the traditional freight bill payment practices is actually working for their company?

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Intelligent Audit

JANUARY 10, 2023

During what is typically peak season in customer demand, what we’re seeing instead is reduced shipping demand and declining freight rates. The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. which was expected for 2022’s peak season.

Inventory Reduction 52

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Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. With the volatility of 2021 still in mind and uncertainty heading into 2022, the whole industry feels a bit apprehensive. What Freight Auditing Is and Why It’s Important.

Freight 52

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Intelligent Audit

DECEMBER 6, 2022

13, 2022, through Jan. FedEx has previously suspended money-back guarantees for the following services: FedEx Express FedEx Ground® FedEx Freight® FedEx SameDay® City FedEx Office®. Unable to recoup losses from late deliveries, shippers will likely struggle with revenues in peak season 2022. Beginning Dec. domestic and U.S.

Rail Software 98

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Digital means, like platforms and analytics will be instrumental to implement the clean economy. SYNOPSlS: Your Supply Chain Roadmap IDC’s Predictions for 2022 and Beyond. The World in 2022: What’s on the horizon for supply chains this year? LogiSYM Supply Chain Magazine – February 2022.

Waste Reduction 240

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Logistics Viewpoints

APRIL 21, 2023

GLOBAL TRADE NEWS Xeneta , an ocean and air freight rate benchmarking and market analytics platform provider, investigated how growing geopolitical divisions are manifesting in a shift away from manufacturing in China, and an increase in friendshoring.

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Supply Chain Matters

JUNE 29, 2022

Included in this June 29, 2022 edition are updates featuring the following providers: Logility and Starboard Solutions. Parcel transportation and logistics services provider FedEx and freight-tracking software company FourKites Inc. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 52

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Intelligent Audit

JANUARY 3, 2023

30, 2022, FedEx reported overall revenue down 3% year over year to $21.63 All three divisions—Express, Ground, and Freight—reported year-over-year volume declines. FedEx Freight reported an 8% increase in revenue to $2.4 For fiscal Q2 2023 ended Nov. billion and operating income down 26.2% YoY decline in revenue to $10.86

Price Reduction 98

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ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. McKinsey , 19 May 2022, [link] Accessed 1 August 2023. Works Cited Freightos.

Optimal Sourcing 78

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Turvo

FEBRUARY 24, 2022

Key trends in 3PL operations The key trends in 2022 for 3PL operations strive to automate processes and give better insight into customer and shipper expectations, dominated by technology and supply chain data analytics. Innovation To cope with labor, freight movement, and distribution networks, 3PLs should embrace change.

3PL 87

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Freightos

APRIL 9, 2024

More Resources Home April 9, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 13% to $3.66/kg Europe – N.

Baltimore 281

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Intelligent Audit

JULY 12, 2022

On June 29, FedEx revealed “Network 2.0”, a new long-term strategy focused on collaborating with FedEx’s three previously separate entities: FedEx Express, FedEx Freight, and FedEx Ground. 2022 Healthcare Supply Chain Market Growing. CAGR during the forecast period (2022–2030). UPS Pilot Contract Successfully Extended.

Negotiating Skills 52

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GlobalTranz

MARCH 17, 2022

And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages. To help level out this instability, 41 percent of executives plan to add or diversify suppliers in existing markets, according to Deloitte’s 2022 Manufacturing Industry Outlook.

Logistics Network Optimization Software 247

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Enterra Insights

MAY 20, 2022

… Authorities have now imposed restrictions on Beijing, while the central Chinese city of Zhengzhou, a gateway for air freight, also limited the movement of people in May.” 1] Bloomberg, “ From Sneakers to Teslas, China Lockdowns Upend Global Supply Chains ,” SupplyChainBrain, 16 May 2022. [2] Footnotes. [1]

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