UAW strike leads to automotive industry inventory concerns – will an airfreight spike follow?

Logistics Trends and Insights

Our Air Cargo World contribution which looks at inventory concerns as the UAW and GM reached a tentative agreement. Air Cargo air freight Automotive Inventory Air freight Automotive IndustryCould we see a bump in airfreight demand? If so, for how long?

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5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

The following are real industry examples of why they are looking at visibility as the “air ticket” itself and not just as “insurance;” a switch from “nice-to-have” to “must-have.” Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process.

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What’s Holding Back Customer-Centric Air Cargo?

Freightos

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month. Tech startups, as well as innovative corporates, are chiselling away at the industry’s many opportunities, including: Drones as last-mile delivery.

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Tackling Drug Counterfeiting — Barcodes vs. RFID vs. Blockchain

Roambee

Although most industries are focusing on supply chain efficiency, pharma supply chains bring a bigger worry into the picture: patient safety. One of the major worries for the global pharmaceutical industry around patient safety is counterfeit drugs. A WHO report 1 says poor countries lose over 2,50,000 children to fake and substandard drugs of malaria and pneumonia every year.

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Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. These analytics flow to the software's multi-echelon inventory optimization component to place the inventory by location and SKU—favoring the DC location for predicted online demand.

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Evolution in Pharma Cold Chain — Vaccine Vial Monitors to Dataloggers to IoT

Roambee

The industry further evolved in the 70s to use data loggers, which could provide the entire trail of temperature data in shipping. Ensuring product quality when shipping pharmaceutical products is a matter of life or death. This led to the adoption of vaccine vial monitors during the better part of the 20th century, which could provide an indication about major temperature deviations that affected product quality.

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The Battle for Air Cargo Space

BlueYonder

This week: how expectations for rapid delivery are driving competition in the air cargo space; the growing driver shortage in the trucking industry; how in-store mobility could help boost retail sales; the startup business behind reducing food waste; and how the Internet of Things (IoT) will impact the supply chain. The battle for air cargo space. The growing need to support rapid delivery is driving greater demand for air cargo shipments, reports The Wall Street Journal.

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How Real-time Visibility Solves 4 Key Pharma Supply Chain Challenges

Roambee

Pharmaceuticals is one industry that's always standing on the verge of doing 'the next big thing' when it comes to not only medical, but also technological breakthroughs. The same goes for transporting and tracking pharma products. With the Internet of Things (IoT) having become ubiquitous, it is now possible to be with your shipment like a shadow from the time it leaves your facility until it reaches its destination with the right solution.

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Digitalisation of Logistics Industry and its Impact

20Cube Logistics

With rapid growth in technology, the logistics industry across the globe is experiencing a paradigm shift with fast track development driven by unique innovation and sturdy growth in the evolution of technology. The recent study by IMARC Group, entitled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global logistics market reached a value of US$ 1,171 Billion in 2017 and is estimated to register a CAGR of 2.7%

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How A High-Tech Manufacturer Navigated The Pandemic

Logistics Viewpoints

From a supply chain perspective, a robust supply chain digital transformation would involve end-to-end visibility of inventory in motion and inventory at rest in near real-time. And that inventory […].

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The Battle for Air Cargo Space

BlueYonder

This week: how expectations for rapid delivery are driving competition in the air cargo space; the growing driver shortage in the trucking industry; how in-store mobility could help boost retail sales; the startup business behind reducing food waste; and how the Internet of Things (IoT) will impact the supply chain. The battle for air cargo space. The growing need to support rapid delivery is driving greater demand for air cargo shipments, reports The Wall Street Journal.

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The Industrial Side of the Internet of Things

Enterra Insights

When the Internet of Things (IoT) was first imagined, the vision was a vast network of connected machines benefiting the industrial sector. To distinguish consumer- and industrial-related IoT applications, some analysts divide discussions into IoT and Industrial IoT (IIoT) categories. The real promise of IoT, though, can be seen in the industrial realm — and those are the applications that are coming to the fore.”[1] ” Industry 4.0 The Industry 4.0

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The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

Process industry businesses that embark on digital transformation journeys are becoming disruptors in the industry. The process industry has been burdened by effects from global economic strength, tariffs and trade balances, and infrastructure bottlenecks. Inventory stockpiling is starting to occur based on prices and supply/demand curves. When the steam engine and electricity first appeared and were used in industry, entire communities were revolutionized.

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Coronavirus COVID-19 Supply Chain Update

Transplace

Ocean Cargo Updates. Cargo flows and ship calls are rebounding in China as the situation normalizes. Chinese industrial activity is also increasing. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks. Savannah and Brunswick are predicting an import cargo decrease by 40% in March and April from 2019 levels.

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The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. Today, this is not a valid assumption, and most manufacturers lack the inventory buffers for inconsistent flows. Uncategorized cargo global trade inventory ports supply chain visibility

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Letter from the CEO: Coronavirus Market Update

Transplace

Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Many shippers are seeing surge capacity, especially in the CPG industry (water, cleaning supplies, paper products, shelf stable, and other food items). Cargo flows and ship calls are rebounding in China. Chinese industrial activity is increasing. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels.

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New Savi IoT Sensors Reduce Theft and Diversion of Sensitive Cargo While Supplying and Protecting Troops

Savi

It has evolved the standard for active RFID (aRFID) communications globally and has been extremely successful in enabling military logisticians to use active RFID tags, readers and software to catalog, inventory and track the DoD and allied military supply chain worldwide. Both the hybrid sensor and the encrypted sensor support the Defense Logistics Agency (DLA) industry engagement focus to assess and mitigate supply chain risk.

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This Week in Logistics News (August 3-7, 2015)

Talking Logistics

Cargo Chief Cracks the Code on Transportation Capacity. Our ability to expand same-day delivery is rooted in local merchandise inventories at Macy’s stores, as well as a newly expanded delivery footprint of our partners at Deliv [emphasis mine].”. But the ripple effect of same-day delivery on inventory management, store operations, and IT is anything but trivial. As well, Cargo Chief locates cost-saving empty—or partially empty—available backhaul from in-service carriers.

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Tesla and the Future of the Trucking Industry

Elementum

The global trucking industry is currently facing two great challenges for sustainability: to transport a significantly higher volume of goods, and to further develop new means of delivery concepts. Tesla, one of the most successful players in the recent history of the automobile industry, aims to address these issues to improve the logistics industry. The question now is: What impact can this major move have on the company and in the trucking industry?

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A convincing industry approach: SupplyOn’s Rail Community boosts the efficiency of the railway industry

SupplyOn

The Swiss Federal Railways (SBB), with around 34,000 employees, a transport network of over 3,000 kilometers and almost a half billion passengers per year, is the national railway company of Switzerland, consisting of the four divisions Passenger Transportation, Cargo, Infrastructure and Real Estate. Secondly, the decision-makers at SBB also recognized SupplyOn’s flexibility for joint development of functions for the rail supply industry.

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The 11 Transportation Service Offerings

The Logistics of Logistics

Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. Air transport involves integration of information, transportation, inventory, warehousing, material handling, and packaging. There are many different types of cargo that are moved in various types of ships. Rail transport utilizes freight trains to haul cargo.

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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

Air cargo firms feel the pressure from plunge in freight prices (Reuters). A similar situation exists in the air cargo market, as reported by Reuters: Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. They pull data from both sides and communicate any surges in orders or depleted inventory.

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Global Cargo Monitoring / Cargo Tracking: Networked Supply.

Global Trade Management

Global Cargo Monitoring / Cargo Tracking. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. • Disagreements over shipping practices within the industry itself. There are also market-related conditions that challenge the industry. arviem real-time cargo monitoring.

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Amazon FBA: The lifesaver in pandemic

Vinculum

The impact of Covid-19 on the retail industry has been no different. Creative Inventory choice a requirement for Amazon FBA Sellers throughout Covid-19. Build inventory & think about employing a 3PL.

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US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders. The CBP itself estimates the cutbacks could result in 5-6 hour delays for air cargo and up to 5 day delays in cargo examinations for ocean cargo in addition to delays for cargo screening through radiation portal monitors.

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Do your supply chain challenges have you feeling a little snowed under?

Kinaxis

Borrowing a quote from CBC : “If we can move the cargo out of Halifax in a timely manner, we don’t get into this situation. Though complex, it’s not that different in nature than the basic supply chain problems we face in other industries on a daily basis. Any time spent simulating a new plan is potentially time not spent moving cargo.

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Industry-Changing Views From the Cloud

Supply Chain @ MIT

Will the cloud enable industry-level supply chain collaboration? Meanwhile, here is a nugget from our research on the subject: cloud-enabled, cross-industry collaboration that unlocks new levels of efficiency. How many shipments are delayed, for example, because the contractual penalties for a carrier failing to a load a box onto a vessel or for a shipper not providing the agreed cargo on time are too weak to deter these practices? New performance horizons.

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The 7 Warehouse Service Offerings

The Logistics of Logistics

They are usually large plain buildings in industrial areas of cities and towns and villages. Companies outsource this sub-assembly work to reduce manpower cost, maximize manufacturing space utilization, level inventory and to manage inbound packaging requirements. The distribution center manages inbound and outbound shipments and inventory. Warehouse Service Offering 5 – Vendor Managed Inventory.

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IoT enabled Supply Chain Visibility: The Holy Grail of Supply Chain Managers

Global Trade Management

KPMG’s study reveals that the industry is expected to see a rapid growth of investment into technologies such as IoT to monitor, manage and improve the supply chain operations. Real-time cargo tracking and monitoring improves in-transit visibility Today the true visibility into the movement of goods is still minimal and mostly done via processes heavily dependent on phone calls and email communication. Do you know where is your cargo and what is happening to it at this very moment?

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Supply Chain Technology Trends to Watch Out For

AFFLINK

Supply chain technology is advancing at a fast pace, and supply chain companies need to keep their finger on the pulse of the industry. Blockchain technology is growing in many industries, with companies jumping to integrate blockchain into nearly every transactional process. 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.

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Top 5 Tips To Optimize Your Warehouse Storage System

Cerasis

We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. Use Automatic Data Collection and Cargo Handling. Manual handling of cargo can result in uncertain outcomes because of either the inexperience of the staff or some human mistake (tripping over cargo, forgetting where a particular product is stacked, etcetera), but it is not the case with automation.

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3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

Transportation Service #2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. There are many different types of cargo that are moved in various types of ships.

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The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

That means airlifting double-dose regimens to protect half the world’s population would require the space in about 8,000 cargo planes. At a time when the airline industry has been suffering and taking capacity off line there will be a need to restore capability in short oder.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

The Auto Industry. With the global auto industry heavily reliant on components from China, many assembly plants in Europe have had to shut their doors and send workers home. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. The Electronics Industry. As with the auto industry, some electronics companies have adopted drastic measures to keep their production lines running. The Food Industry.

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Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Every industry has its own set of terms that are exclusive to the space. There are hundreds of logistics terms that make up the industry’s language. Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading. Carriers pick-up cargo from these designated spaces. Handling Costs — The cost of moving or transferring inventory.

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