Freightos

JUNE 15, 2021

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

Global 397

Global Supply Chain Price Reduction Supply and Demand 397

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

We can see this most clearly with the example of airline emissions. It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. That said, with our increased productivity there is also an increased volume of services being carried out.

Price Reduction 130

Price Reduction Supply Chain Planning Software Forecasting Software Sourcing Strategies 130

Logistics Viewpoints

MAY 23, 2022

For example, current congestion at China ports is based on COVID restrictions on cross-province trucking stoppages and port labor COVID lock downs in China that have prevented workers from off-loading and on-boarding shipping containers. Ocean ETAs are focused on when a ship gets into port and begins to unload its cargo.

Rail Software 216

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 216

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

For example, some of our warehouses around the world produce more energy than they consume, using solar panels, wind power, LED technology and efficient equipment. We regularly assess our environmental footprint to look for areas to contribute to environmental sustainability in our communities. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

ivalua

SEPTEMBER 8, 2022

Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance. Establish an onboarding process for new suppliers and use third-party data sources to assess them against requirements and goals.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. Air conditioning, refrigerators, freezers, lift gates, cranes, compactors, bus doors, electric charging outlets, just to list some examples.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Expense Reduction Supply Chain Software Logistics 130

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. The US-China trade war is another troubling example of how unexpected disruption can impact global trade and SMBs’ ability to compete. . The (Digital) Rise of SMBs.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Supply Chain Collaborator

AUGUST 5, 2015

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Yet, as an op-ed in the Wall Street Journal concludes, we are still nowhere near developing a killer app for crowd sourced commercial shipping.

Sourcing Strategies 60

Sourcing Strategies Optimal Sourcing Sourcing Shipping 60

Resilinc

AUGUST 30, 2023

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. Other waterways have also been impacted by climate change The Panama Canal is just the latest example of how climate change can impact logistics in waterways.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

CH Robinson Transportfolio

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. It’s important to consider all areas to keep your cargo moving. In fact, C.H. Utilize data and technology.

Sourcing Strategies 64

Sourcing Strategies Logistics Network Optimization Software Cost Reduction Strategies Global 64

Freightos

DECEMBER 2, 2021

For example, if we look at recent peak seasons, the cost of shipping a 40’ container from Asia to the US West Coast in September 2019 was $1,437 according to the Freightos Baltic Index (FBX). Switching from ocean to air cargo or from full containers to LCL (Less than Container Load). Looking to compare and book freight?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Freightos

OCTOBER 31, 2022

For example, 28% of small businesses said that they believe their profitability will take a hit from reduced demand, compared to 16% for midsize businesses. Here’s four to start with: Shifting focus: In 2021, the key problem to solve was sourcing and supply chain management. What’s the bullwhip effect?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. Labor shortages , impeding the ability to get cargo unloaded, loaded, or moved. Image source: American Journal of Transportation. Take the automotive industry as a classic example : silicon chips for the onboard computers of virtually all global manufacturers come from a handful of suppliers.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. Volvo’s POD in Sweden is a great example. As we adjust and respond to this “new normal”, one important area is the effect of these shifts on the environment. From that perspective some changes have been clearly positive (e.g.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

For example, Maersk ordered eight 16,000 TEU vessels to be operated on carbon-neutral methanol fuel, while DHL has purchased large amounts of sustainable aviation fuel and ordered 12 all-electric cargo planes. These are some examples of large players making bold moves, often involving low-carbon fuels and related engine technology.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

came from trucks carrying cargo. At the same time the largest container shipping liner, Maersk Line, has ordered eight large ships powered by carbon neutral methanol carrying approximately 16 000 containers each, and made a call for “pit stops” for appropriate infrastructure to source green methanol. Most of this, 45.1

Supply Chain Design Software 240

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software 240

Logistics Viewpoints

JANUARY 26, 2021

including digital control towers fueled by artificial intelligence (AI), data science and analytics, strategic product segmentation, inventory management, operations intelligence and analysis, strategic sourcing, and effective pricing and promotions management. A Positive Example.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. Some companies have taken extreme measures such as chartering private cargo ships to sail around port delays.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

Talking Logistics

APRIL 30, 2014

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. You need energy in order to do this conversion.

Mexico 168

Mexico Los Angeles Supply Chain China 168

Cathy Roberson

SEPTEMBER 7, 2021

Expanding and shifting sourcing Earlier this year, a number of retailers told analysts that they had expanded their sourcing partners to diversify inventories and mitigate risks. Floor & Decor is one of the latest retailers to diversify its countries of origin by moving a large portion of sourcing out of China.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Cathy Roberson

FEBRUARY 2, 2024

For example, In its third-quarter earnings (period ending Oct 28), Target noted that same-day services led by Drive-Up increased 12% year-over-year. They’re a dual sourcer, and they have diverted some volume, and I suspect they’ll stay dual sourcing.” This diversification cost UPS and FedEx volumes.

Cost Reduction Strategies 70

Cost Reduction Strategies Las Vegas Logistics Network Optimization Software Negotiating Skills 70

Global Trade Management

MAY 22, 2017

The logistics industry is slowly being transformed to the point when the utilization of the electronic data environment will become the norm in the industry and the additional technological advancements in IoT technology will enable the integration of complete cargo supply. However, not all technologies are or will be accepted.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Design Software Agile and Lean Supply Chain Sourcing Strategies 40

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? For example, a shipping line may offer a weekly sailing frequency, meaning that a vessel departs from a certain port every week. ATBBS (average time between blank sailings).

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Talking Logistics

AUGUST 7, 2015

Cargo Chief Cracks the Code on Transportation Capacity. For example, there’s Cargo Chief , which issued a press release this week on how it is “cracking the code on transportation capacity.” As well, Cargo Chief locates cost-saving empty—or partially empty—available backhaul from in-service carriers.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Forecasting Software Forecasting Optimal Sourcing 100

Logility

AUGUST 4, 2022

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. One example: egg prices are up 56% , according to the Department of Agriculture, driven up by drought, a bird flu epidemic and the war in Ukraine. Your ship’s come in!

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

MIT Supply Chain

MAY 12, 2022

The operators contract with the port authority to move cargo through their terminals. The port example is analogous to airlines contracting with airport authorities to run their operations. For example, there are platforms, like Flexe , that provide warehouse space for companies without a long-term commitment.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Strategy Logistics Network Optimization Software Supply Chain Design 98

AFFLINK

SEPTEMBER 18, 2019

With unique identifiers, shipments and cargo can be tracked on a transactional level. The entire history of a shipment or cargo can be tracked, with clear hand-off points and accountability. A common example—envision a world in which blockchain is used to track the origins of chocolate or diamonds. 5G and IoT.

Supply Chain Software 72

Supply Chain Software Supply Chain Technology Predictive Analytics Software Supply Chain Network Software 72

Multichannel Merchant

JANUARY 3, 2023

Amazon, facing a continued slowdown in its ecommerce business and under pressure to boost flagging sales, is looking to sell excess capacity on its commercial cargo jetliners used to move goods among its network of warehouses here and in Europe, Bloomberg reports. billion, which is $48.6 billion more than in 2019. .

Cargo 52

Cargo Texas Sacramento Arizona 52

Supply Chain Game Changer

OCTOBER 22, 2020

In the future, you will know the source of every component in the products you use or manufacture, how it was produced, the energy consumed in its production, perhaps even who will own it next and how much they will pay you for it. The IT industry is a great example of one that can help lead in this principle. GET our EBOOK HERE.

Supply Chain Design Software 70

Supply Chain Design Software Alloy Supply Chain Software Supply Chain Design 70

GlobalTranz

AUGUST 15, 2018

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. The most well-known examples are Transmetrics and ClearMetal , which were both mentioned in the latest DHL’s Logistics Trend Radar. A good example of supply chain robotics is the work of startup Fizyr.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135

The Logistics & Supply Chain Management Society

MARCH 14, 2023

The Shippers Council of the Logistics & Supply Chain Management Society comprises close to 30 of the largest shippers or beneficial cargo owners (BCOs) in the Asia Pacific. Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. Hence, there is a need for halal ecosystems to simplify halal for brand owners.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Talking Logistics

JANUARY 16, 2018

For example, a U.S. Completed by the exporter, the bill of lading provides a list of the contents of the shipment, establishes the value of the cargo, and acts as a legally binding document through the shipping process. government has similar restrictions for Mexican carriers. Bills of lading for U.S.-Mexico Likewise, a U.S.

Mexico 205

Mexico Logistics Network Optimization Software Optimal Sourcing Logistics 205

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Stord

APRIL 7, 2019

For example, Kansas City Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. Macy’s hired its first chief supply chain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability. Delta reported a dip in air cargo freight last month compared to March of 2018.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Freightos

MARCH 17, 2019

Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Source: SGX, Freightos Baltic Index. Source: Freightos Index Linking Survey. But it doesn’t have to be like this. The industry has already taken notice.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120