The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. According to PricewaterhouseCoopers, AI’s potential contribution to the global economy by 2030 is USD15.7

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Locus

SEPTEMBER 13, 2022

However, challenges like delayed deliveries, volatility in freight volumes, and lack of flexibility to scale deliveries made it difficult for outsourcers to fulfill shipments on time. This figure is expected to climb up to a staggering number of 162,000 by 2030. A survey forecasts that there will be a driver shortage of 97,000 by 2023.

Retail 52

Retail Modeling Third Party Logistics Logistics Network Optimization Software 52

6 River Systems

DECEMBER 11, 2018

While it’s certainly important for each stakeholder to ensure they’re meeting deadlines and turning in quality performance, silos along the supply chain make it difficult to address inefficiencies in any meaningful way. It’s better to have too many than not enough — it helps consumers have confidence in making a purchase from you.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75