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Logistics in the Manufacturing Industry: New report highlights 3PL benefits

Kanban Logistics

In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. The article and report contain additional positive manufacturing signs, along with some concerning ones. Third-party procurement.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

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Supply Chain Matters This Week in Supply Chain Tech December 13 2022 Edition

Supply Chain Matters

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. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. The Supply Chain Function The argument for having the global trade department report to the supply chain function is threefold. This results in detention costs and delays in producing goods and delivering them to customers.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. reported for March, and a negative 0.29 reported for February. characterized as the lowest reported reading in this index’s history.

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Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). trillion in 2015). That is the “hundreds of billions of dollars” question.

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A Holistic Smart City Strategy Requires a Digital Twin

Enterra Insights

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. Taylor-Smith reports, “Singapore’s National Research Foundation (NRF) has successfully used digital twin technology to create a virtual representation of Singapore.