article thumbnail

Hurricane season 2024: how to prepare your supply chain

Resilinc

If these forecasts are correct, 2024 will shake out to be the third most active hurricane season on record. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supply chain disruptions. From 2022 to 2023, extreme weather events grew 4.5%—a

article thumbnail

How Blocking the Suez Could Dampen Summer Demand

BlueYonder

In what feels like an anti-climactic end to an incredible story, the Ever Given – the boat that broke the internet when it blocked the Suez Canal back in March – has finally docked at Felixstowe, England, with its cargo from the Far East – a full four months after it was scheduled to arrive. . Blue Yonder Forecasts Better.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Transportation visibility is clearly not only for trucks.

article thumbnail

Reduce Excess Inventory While Protecting Margins with a Pricing and Promotion Analysis  Solution

Logility

Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. An optimal pricing and promotion analysis solution uses machine learning algorithms and price elasticity models to create promotion-influenced forecasts.

article thumbnail

Creating a Green Marine Supply Chain

Logistics Viewpoints

Plus, extreme weather events and changing storm patterns challenge seafaring vessels. Cargo transfer requirements. By retrieving live information such as vessel position, weather forecasts and tidal flows combined with indicators such as vessel size, inventory or traffic, algorithms help to determine the expected arrival time.

article thumbnail

How Warehouse Management Software Impacts Logistics!

Supply Chain Game Changer

But if there was some delay in the sorting and packing of the cargo, their trucks would spend additional waiting and idle time at the warehouse. Warehouse management can give the logistics chain a forecast of the cargo and packages which are going to be shipped out of the warehouse.

article thumbnail

Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

Autonomous Guided Vehicles (AGVs) Although not yet widely adopted, AGVs, as potential substitutes for forklifts, promise to revolutionize the way cargo is transported inside and outside the warehouse. As a result, the demand for forecasting and accurate decision-making is on the rise. billion in 2020 and is projected to reach USD $14.18