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Supply Chain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Figure 1: U.S.
Last week I attended FourKites Visibility 2023 in Chicago, IL. CEO Matt Elenjickal kicked off Visibility 2023 with his keynote. As I mentioned above, the theme for FourKites Visibility 2023 was “Connected”. Teams need a single source of the truth that creates a seamless workflow, enabling immediate action.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global Supply Chains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. And they must be capable of adapting to various demands.
Earlier this month in the post titled What Does 2023 Have In-Store for Global Supply Chains? , I informed our readers that ARC Advisory Group/Logistics Viewpoints is conducting a survey to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives.
A crowd of nearly 37,000 people flocked to the Javits Center in New York City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. Blue Yonder At NRF 2023, Blue Yonder showcased a number of solutions around omni-channel order management and e-commerce integration.
Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Amazon is a leader in AI-driven supply chain management.
Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. How will the picture change in 2023 ? Inflation Pressure.
From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives. Others are expected to follow.
Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency. The group turnover for Amul in 2023-24 is Rs 80,000 crores ($10 billion), which is an increase from Rs 72,000 crores ($9 billion) in 2022-23.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. billion in 2023 to $13.3 Since then, supply chain disruptions and volatility have only increased.
by the end of 2023. I thought this was a very topical introduction to this week’s Supply Chain and logistics news Canadian Railroad Work Stoppage Threatens U.S Volvo Wins Bid for 300 Electric Trucks from DSV Announced on Thursday, Volvo received an order for 300 electronic trucks from Danish logistic firm DSV.
Here are some highlights from these trends in 2023 and implications on supply chain planning. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.
Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. Source: J.P. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023. The post How is the Logistics Economy Holding Up?
This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. The post Top Supply Chain Challenges for CPG companies in 2023 appeared first on Logistics Viewpoints.
In 2023, roughly 9,700 people were injured by fireworks in the US. And now on to this week’s logistics news. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items. Cities like Napa, Calif., That’s all for this week.
These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when an adverse event has occurred or may be about to occur. That information comes from inside the platform applications and increasingly from outside sources, like Interos.
The Superconductivity Prelude Late in July 2023, South Korean researchers made headlines with a potential discovery – now mostly debunked – of a material that enabled superconductivity at room temperature. LK-99 Replication Vlog (August 3rd, 2023) Insane that @andrewmccalip @zebulgar & team pulled this off so quickly.
And now on to this week’s logistics news. And they present a host of logistical challenges. The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives. In FY 2023/24, the SCA’s revenue fell to $7.2
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. US EPA to set tougher heavy duty emissions rules in 2023. Companies are coping with rising costs to source and produce goods in China and other Asian locales. So a quarterfinal run is the reasonable ceiling.
Driven by omni-channel growth and multinational expansion, the global logistics industry is booming — and it’s expected to reach $18 trillion in value by 2030. Given today’s demand volatility and economic uncertainty, companies are wise to approach any internal logistics expansion plans with extreme caution.
As reported by Paul Wiseman on February 7th, “For the first time in more than two decades, Mexico [in 2023] surpassed China as the leading source of goods imported by the United States.” This news prompted us to ask members of our Indago supply chain research community — who are all supply chain and logistics.
Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).
And now, on to this week’s logistics news. All Mars’ products in Europe to be sourced with 100% sustainable cocoa. Mars Wrigley has declared that from 2023, 100 percent of the cocoa purchased for its direct factory operations in Europe will be verified as “responsibly sourced cocoa.” As of Oct.
Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. About Neal Huffman Neal Huffman is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry.
And now on to this week’s logistics news. Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. This certainly sounds like a lofty goal. Tomé, the chief executive officer at UPS, in the release.
And now on to this week’s logistics news. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. California is a major logistics hub for these items.
And now on to this week’s logistics news: Amazon’s record-breaking Prime Day Resilinc Releases list of top supply chain disruptions for H1 2023 Department of Labor announces warehouse workplace hazard prevention program China’s exports record biggest decline in more than 3 years Union, employer reach tentative 4-year deal to end B.C.
And now on to this week’s logistics news. As a first of its kind agreement in the US, FedEx Express will develop plans to test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations, moving shipments between sortation locations. Amazon workers in Staten Island vote to unionize.
The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] These advancements demonstrate how logistics connect the world — and always have.”[2]
Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. This made supply chain living easier – most (74%) importers report that their logistics operations are at least as smooth as they were pre-pandemic.
In April 2023, one of our Indago members — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.
And now on to this week’s logistics news. The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm. Maersk’s deployment plan for 2023 is to install drones in all its warehouses that have pallet storage, he said. billion in 2023, down from $100.3
Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).
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.
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.
He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. trillion records from 47 data sources in the Cognite platform. It accesses, transforms, and harmonizes data from multiple sources to make it usable and actionable for various business use cases. Industrial data is voluminous.
As a result, organisations have had to rely on a larger number of suppliers and third-party logistics to meet this demand. Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market.
And now on to this week’s logistics news. The 2022 levels were not expected to be attained until 2023, putting volumes a year ahead of pre-pandemic estimates, Pitney Bowes said. The post This Week in Logistics News (March 25 – 31) appeared first on Logistics Viewpoints. America shipped, received and returned 21.2
He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.
Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability, and Workforce Present Uncertainty and Opportunity Download the latest LogiSYM Supply Chain Magazine In this edition we have several news updates, interesting & enlightening articles and contributions on people & management – topics which are most crucial to the development (..)
Prior to co-founding Amplio, Trey led the international logistics capability at Georgia-Pacific, which is the largest U.S. Trey and the Amplio team believe that sourcing electronic components should be easy and predictable. Access diverse sources of supply. Meet with Amplio @ IPC Apex Expo 2023. Streamline procurement.
And now on to this week’s logistics news. The company in the past year revamped its logistics network, enabling faster and more efficient deliveries. The number of supply-chain jobs open for application at beverage-alcohol manufacturers rose more than 50% in the first half of 2023, data suggests. That’s all for this week.
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