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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

There have been fluctuations in demand that have made forecasting feel impossible. With demand forecasting becoming more difficult since the start of the pandemic and many businesses left with a shortage of products, many companies are starting to move from just-in-time to just-in-case inventory management. According to U.S.

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Navigating Freight Management Efficiencies with AI

ThroughPut

CoFortunately for most supply and demand chain and logistics operations, AI has been a game-changer. McKinsey predicts that AI will create an entirely new “logistics paradigm” by 2030 as it easily outperforms manual efforts not only at repetitive but also mission-critical tasks.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. The driver shortage in the US could surpass 160,000 in 2030 and it was estimated to be around 80,000 this 2021.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Emissions from urban last-mile deliveries are predicted to increase by 30% in 100 cities globally by 2030. Partner with third-party logistics (3PL): Collaborating with 3PL providers such as Locus can help businesses access sophisticated logistics networks and technologies without the hefty upfront investment.

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10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

Brands such as Amazon are generally capable of meeting these demands (remember that 30-minute delivery we mentioned above), which means smaller logistics companies must be able to keep up or else risk losing business. Amazon vows to go carbon neutral by 2030. The cross docking market is another growth area.

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Owned Vs Outsourced Fleet: What’s Best for Your Fast Retail Business

Locus

A key issue plaguing the global logistics industry is a shortage of drivers. A survey forecasts that there will be a driver shortage of 97,000 by 2023. This figure is expected to climb up to a staggering number of 162,000 by 2030. You won’t stand to gain if you pay $15 per drop to your third-party logistics provider.

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50 expert tips on logistics planning and strategy

6 River Systems

Reassess your demand forecasting model. “Demand forecasts should predict two outcomes: the expected demand and how much uncertainty there is in that prediction. And you probably measure the efficacy of your tools and processes with well-known forecast accuracy KPIs. Logistics strategies for streamlined fulfillment.