As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. Sources: FBX and SGX. But a recent Freightos Group survey of industry leaders found that fixed price agreements are far from fixed: 75% of forwarders report paying a peak season surcharge to get on the right sailing . In the digital age, visibility is key. In our digital age, we want to know everything, in seconds. . MORE

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source. Mobile apps can generate reports and monitor performance metrics. Lucas_Group. MORE

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Zara also works with Air France, KLM Cargo and Emirates Air in order that they can coordinate directly with the airlines to make the outbound shipments to its stores and bring back some raw materials and semi-finished materials with return legs. MORE

Since most Western European capitals are within 1,000 km of Brussels, Belgium’s capital, it is an ideal location for international groups. 36 percent of Belgium’s energy consumption comes from renewable sources, making it the eighth country in the world for renewable energy production. Belgium has 41 airports, 26 of which have paved runways and six of which can handle large cargo aircraft. billion metric tons of goods in 2015. MORE

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. Møller Mærsk Group. MORE

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: Conference Board). Source: US Census). . Source: US Census). . Source: US Census). . Source: U.S. Source: US Bureau of Labor Statistics). . Source: US Census). . MORE

Source ID. Source ID. At automaker BMW Group, for instance, plant employees can walk up to seven miles per day. To eliminate some of this traveling BMW’s R&D group developed a Personal Mover solution—a one-person means of transport for covering short distances within an operating site. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. MORE

Please share this infographic on you site by copying and pasting the code below: Source: The Green Future of Freight – An infographic by the team at Freightera. Emissions from cargo ships are 3% of greenhouse gases today, but without change will grow to 6% by 2020 and 15% by 2050. Emissions from cargo ships are 3% of GHG today. Implementation of scrubber technology on cargo ships can reduce NOx and SOx immediately by over 90%. Sources: [link]. MORE

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. “The overall amount of time it takes for raw materials or parts to make their way through your warehouse and onto store shelves is another key metric in determining your success as a warehouse supervisor. ” – 5 Tips for Warehouse and Distribution Center Management Success , FDL Group 22. MORE

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: Conference Board). Source: US Census). . Source: US Census). . Source: US Census). . Source: U.S. Source: US Bureau of Labor Statistics). . Source: US Census). . MORE

I’m curious how the 40 percent reduction in transit time was actually achieved since blockchain doesn’t make cargo ships move through water any faster. Between BluJay Solutions, Descartes Systems Group, and Amber Road (also Talking Logistics sponsors), many of the standalone, best-of-breed customs and trade compliance solution providers have been acquired in recent years. I’m back from vacation. Well, back physically. Getting back mentally has been a very slow process. MORE

Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. Diffuse resistance by inviting stakeholders from internal groups to become part of the solution as early as possible. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Sourcing uses P.O. MORE

Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading. Class (Freight Class) — A group of commodities that are bunched together under a specific based on similar dimensions or other attributes. Carriers pick-up cargo from these designated spaces. The metric is used to establish pricing for a transported order. MORE