The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Logistics Managers need to address other elements namely: How do we measure ocean freight spending against market levels?

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

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American Global Logistics

JULY 19, 2023

Economics and Logistics Quarterly Update—June 2023 Uncertainty in economics is a given. Uncertainty in logistics is also a given. The pandemic increased the inherent uncertainty in the economy and the logistics industry. In times of uncertainty, it pays to track key economic and logistics indicators.

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Supply Chain Matters

SEPTEMBER 22, 2023

Supply Chain Matters shares interview highlights with ASCM CEO Abe Eshkenazi in conjunction with this years ASCM CONNECT 2023 Conference. The Event The Association for Supply Chain Management (ASCM) recently concluded its ASCM CONNECT 2023 North America Conference. Starting salaries are second only to data engineers.

Conference 105

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Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In March 2023, the level of disruption fell to a level seen in November 1998.

Supply Chain Planning Software 374

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Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” logistics industry continues in a state of recession. Supply Chain Matters highlights this week’s release of the U.S.

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets. A culture of continuous improvement is one which help foster trust and partnership.

Optimal Sourcing 130

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BlueYonder

MAY 23, 2023

Earlier this month, at the 2023 Gartner® Supply Chain Symposium in Orlando, Florida, there were many key supply chain themes that emerged. Insights From Magic Quadrant Session: 3PL Industry It is still a roller coaster ride in 2023 for 3PL companies according to Jose Reyes, Gartner Analyst. and/or its affiliates in the U.S.

Gartner 52

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Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 217

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BR Williams Supply Chain Management

JANUARY 29, 2024

BR Williams Logistics, LLC Recognizes The 2023 Top 15 Carriers of the Year for Excellence in Honesty, Integrity, and Service BR Williams Logistics, a leading logistics company dedicated to delivering exceptional services, proudly announces the acknowledgment of its Top 15 Carriers of the Year for 2023. covering 1.7

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American Global Logistics

JANUARY 30, 2024

Regular monitoring of key economic and logistics indicators provides direction. With that follows our quarterly update on key strategic economic and logistics indicators. Then, we get more specific and examine logistics measures captured by the Logistics Managers’ Index (LMI). Data is as of December 2023.

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Enterra Insights

JUNE 6, 2023

.”[5] Dick Weisinger , Vice President and Chief Technologist at Formtek reports, “A [study] by CapGemini found that companies are increasingly using digital twins to help them more efficiently utilize resources and optimize processes like logistics. 3] Michael C. 6] Weisinger, op cit. 6] Weisinger, op cit.

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Supply Chain Matters

FEBRUARY 22, 2024

The recently completed 2023 holiday fulfillment period, along with 2023 full year performance are now providing added evidence of retail trending in all three dimensions. Amazon’s Blowout In early February, we highlighted Amazon’s blowout financial and operational Q4 and 2023 results. billion in 2023, compared with $12.2

Inventory Reduction 52

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Intelligent Audit

DECEMBER 6, 2022

2, 2023, the money-back guarantee will be temporarily suspended for select FedEx Express® services for U.S. 2, 2023; however, it has yet to reveal when the money-back guarantees will return for the rest of its services, including FedEx Ground, Freight, Express, City, and Office. “ Beginning Dec. 13, 2022, through Jan. domestic and U.S.

Rail Software 98

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Logistics Viewpoints

MARCH 25, 2024

The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team. By 2023, attrition among these customers had fallen to 3.2%. The post Infor’s Strategy for Differentiation appeared first on Logistics Viewpoints. We just want them solved.”

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Enterra Insights

JULY 18, 2023

Supply chain and logistical problems caused by water woes make matters worse.”[2] Generate guidance to improve NbS impact metrics for water security to demonstrate the multiple values of water. 2] John Engen, “ Wall Street is paying more attention to the business risks posed by water ,” Quartz, 8 May 2023. [3]

Resource Reduction 130

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Stord

FEBRUARY 23, 2023

Atlanta, GA, February 22, 2023 – Stord , the leading Cloud Supply Chain provider, has been awarded Veritiv’s 2022 Truckload Carrier of the Year. Customers demand a consistent shopping experience and our port-to-porch logistics solutions enable brands to meet and exceed customer expectations.

North America 60

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Supply Chain Matters

FEBRUARY 14, 2024

Moeller Maersk , operators of Maersk Line plummeted a reported 18 percent as the carrier and logistics services provider reported full year 2023 financial performance that disappointed investment markets. billion profitability in 2023, and an astounding $36.8 That compares to $9.8 billion profitability performance during 2022.

Transportation 52

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Supply Chain Matters

FEBRUARY 7, 2024

Background In our previously published blog commentary, Amazon’s Noteworthy 2023 Financial Performance , provided our readers highlights and perspectives of Amazon ’s recently reported Q4 and full year 2023 financial performance, which were very well received by company investors. They were widely recognized as a blowout performance.

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Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. Logistics Managers Index. The takeaway for September was that global manufacturing activity officially fall below the 50.0

Inventory Reduction 59

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Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. This metric can be used for evaluating current performance as well as for financial forecasting.

Purchasing Skills 98

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Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. Logistics teams simply don’t have the resources or time to keep up with constantly changing weather patterns and how they will impact their supply chains. 2023 will be the year to shore-up innovative, intuitive, intelligent solutions. Emissions Tracking: Know Your Footprint.

Predictive Analytics Software 130

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Locus

SEPTEMBER 19, 2023

[link] pic.twitter.com/Wm6ZVx8JK5 — Locus (@locus_sh) September 12, 2023 The Data Tells A Larger Story Our latest report, Decoding Asia’s Last-Mile Maturity , is a culmination of insights from businesses across diverse industries from India, Indonesia, and The UAE that have completed the Locus’ Last Mile Maturity Assessment.

Report 52

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Logistics Viewpoints

APRIL 4, 2022

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. But their latest supply chain transformation program, aimed to finish by the end of 2023, is a significant undertaking. The post One Multinational’s Supply Chain Transformation Journey appeared first on Logistics Viewpoints.

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American Global Logistics

DECEMBER 7, 2022

Inflation set in for fuel and transport costs, increasing logistics costs as a whole over last year. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Putting that aside, the creation of this metric signifies the federal government’s increasing role in supply chain matters. #3

Russia 52

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Intelligent Audit

JANUARY 17, 2023

Regardless of whether 2022 offered shippers a smooth ride or a bumpy road, it’s time to reflect and prepare for 2023. As rates continue to fall, industry metrics are beginning to reflect a new reality for the transportation market. The Logistics Managers Index (LMI) showed a reading of 36.9% The service, detailed in a Jan.

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Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Set a science-based target by end of 2023. And finally, convert PepsiCo’s portion of the electrical load to renewable electricity by the end of 2023. PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 188

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Logistics Viewpoints

APRIL 28, 2023

And now on to this week’s logistics news. FedEx and UPS enacted higher rate increases for 2023 versus the previous year, which they attributed in part to inflationary pressures. terawatt-hours of solar power would eliminate more than 112 million metric tons of carbon dioxide emissions annually, the report found.

Material Savings 202

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Supply Chain Matters

DECEMBER 20, 2022

As multi-industry supply chain management teams plan for what to anticipate in 2023 , China will remain a top of mind concern for obvious reasons. A published report from Reuters this week cites modeling data that forecasts over one million deaths across China through 2023, according to projections from the U.S. Sobering Predictions.

Policies 52

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ShipBob

JANUARY 23, 2023

Learn More About Last-Mile View Final Mile Carriers How 3PLs Help With Ecommerce Logistics Get a Fulfillment Quote from ShipBob Last-mile logistics has always been a hot topic in the world of fulfillment. And now, in 2023, ecommerce sales continue to accelerate. billion between 2023-2027. What is last-mile delivery?

3PL 98

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Arena Solutions

APRIL 4, 2023

With rising inflation, driver and labor shortages, logistics problems brought on by factory closures, geopolitical conflicts in key sourcing regions, and changing weather patterns due to climate change that jeopardizes viable shipments, manufacturers are keen to make the best of a poor position—starting with insourcing.

Manufacturing Procurement 73

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Taulia

AUGUST 29, 2023

Take advantage of supply chain finance opportunities While a supply chain is, first and foremost, a logistical feature, ensuring the timely delivery of goods or materials, it’s also a value center. These metrics can help the company evaluate the efficiency and effectiveness of its supply chain processes and identify any shortcomings.

Supply Chain Planning Software 52

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Logistics Viewpoints

MARCH 9, 2023

The post Top Supply Chain Challenges for CPG companies in 2023 appeared first on Logistics Viewpoints. to provide very specific output (production, fulfillment, transportation plans by product/date, etc.).

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Resilinc

JUNE 15, 2021

According to Statista, the world’s merchant container ship fleet grew from 11 million metric tons (mt) of deadweight tonnage (a measure of a vessel’s weight-carrying capacity) to 275 million mt in 2020—a 2500% increase. Container ships are the backbone of world trade. It’s] a strategic imperative to solve this problem.”.

Shipping 62

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Locus

DECEMBER 16, 2021

According to Statista, 26% of the total market revenue will be generated through online sales in the fashion segment by 2023 and the number of users in the apparel industry is expected to amount to 229.4 Fashion retail’s logistics deadlock. million by 2025. A 3PL solution for the fashion supply chain.

Supply Chain Planning Software 52

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Logistics Viewpoints

FEBRUARY 10, 2023

And now on to this week’s logistics news. Turkish port “Iskenderun” severely damaged Gap and Ware2Go offer SMB Fulfillment Services McCormick to cut supply chain workforce GM Signs exclusive deal with GlobalFoundries January 2023 Logistics Manager’s Index up 3.0 The Logistics Managers’ Index came in at 57.6

Logistics Network Optimization Software 205

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