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AI chatbots are beneficial, but they have room for improvement, so supplychainexecutives should understand the pros and cons and deploy them with caution. Those are expensive mistakes for any supplychainexecutive to make. According to Forbes , 86% of buyers prefer interacting with humans over AI.
This start-ups technology is based on the open-source database PostgreSQL. Blue Yonder Acquires Pledge Earth Technologies Supplychain planning and execution technology software provider Blue Yonder announced its acquisition of the business of Pledge Earth Technologies Ltd.
flagged fleet, expand the capacity of key container ports on both coasts, develop state-of-the art warehousing across the country and establish a significant air cargo hub in Chicago. According to the announcement , this investment spread over the next four year period is aimed to significantly grow our U.S. based technology providers.
As supplychainexecutives evaluate zero-emission strategies, hydrogen fuel cell technology emerges as a compelling solution that aligns with the operational demands of commercial fleets. at 29% of the total. at 29% of the total.
FedEx’s contract as the primary air cargo provider for the USPS expired in September 2024, and was not renewed. UPS replaced FedEx as the primary air cargo provider at that time.
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.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. The post Profitable Agility: Part 2 of Agility and Resilience in SupplyChainExecution appeared first on SupplyChain Nation.
These technologies work together to create a seamless, intelligent, and secure supplychain network, which can respond to changing customer needs and market conditions and deliver value to all stakeholders. Rolls Royce predicts that lighter unmanned vessels will burn 15 percent less fuel.
28% of global retailers have tried to find alternative sourcing options due to supplychain issues (RetailNext, 2020). 58% of consumers would stop buying from a brand entirely after one to three supplychain delays or disruptions. Source: Consultancy.UK. Image source: Fortune. SupplyChain Dive).
To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.
In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supplychain networks.
News headlines may have you believe that supplychains across all categories are running amok. Cargo stuck in the Suez Canal, a gas pipeline breach, an overburdened power grid, and shortages in lumber, plastics, and semiconductors – all these events in the last few months should make any supplychainexecutive nervous.
Transportation Department pushes tough oil train standards – sources (Reuters). With more than 30 cargo ships anchored offshore, countless supplychains scrambling, and the prospect of a $2 billion per day hit on the U.S. Chainalytics Introduces FMIQ Monthly Benchmarking Index.
Cargo Owners Complain of ‘Total Mess’ Shipping Goods to Asia (WSJ – sub. In other transportation management news, MercuryGate announced the launch of MercuryMart, “a dynamic information exchange providing TMS users with access to a broad range of sources of available capacity.”
With a global pandemic continuing to place bumps on the track and the Russia-Ukraine war negatively impacting sourcing and other capabilities, disruption is the most common occurrence within international and domestic supplychains. Another common source of freight invoice errors lies within international freight contracts.
Retail supplychain management has always been a complicated and complex process. But in the timeframe between 2020 to 2022, a volatile supplychain market showed the weakness in outdated, legacy supplychainexecution built on rigid technology or lacking any accurate data that can improve overall decision-making.
In this challenging environment, shippers who leverage the latest technologies, like Internet of Things (IoT), to drive supplychain visibility and connectivity will gain a distinct advantage. Supplychain disruptions are coming from new sources and at a more rapid pace. Moving beyond real-time visibility.
west coast could decide to not unload Canada-bound cargo out of solidarity with a union of longshoremen in British Columbia that is also threatening to strike, pending a vote by a local of the International Longshore & Warehouse Union.
The latest report is refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. We applaud the report’s authors and reviewers for taking such a stance.
West Coast dockworkers who recently reached a tentative labor contract agreement were refusing to unload cargo that was originally destined to Canadian markets as a gesture of solidarity. The port disruption was estimated to have impacted upwards of a quarter of the potash trade destined for Southern Hemisphere farmers.
In Part Two of this blog series , we provided highlights our third prediction, that supplychain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. Prediction Implications.
Early this morning, more than 9,000 unionized workers were locked out by carriers Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) resulting in a halt to freight and bulk cargo transport operations.
The sub-text of this report is that much of the cargo that has been planned for either back-to-school, fall, and holiday related fulfillment is either in-transit or mostly already arrived at warehouses. The report’s cited data from the Freightos Baltic Index indicates that shipment of a 40-foot container from China to the U.S.
That stated, Maersk executives noted: “ proactive cost containment measures have been successful, and the Ocean contract negotiation season is proceeding in line with expectations. percent drop in cargo volumes.
. “Logistics takes place largely in three areas – procurement, supply and sales. Typically, logistics network optimization is for supply and sales of finished goods, although it sometimes includes sourcing of parts or raw materials. To organize your warehouse efficiently, you can bin locate your cargos.
Last year we noted that the out of sync theme was refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. Rail The U.S.
What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset. The issue is that all the ancillary players in the industry require the documents to effect the shipment, and given that they do not have access to the original PO(s), they too require a reliable source of documentation.
What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset. The issue is that all the ancillary players in the industry require the documents to effect the shipment, and given that they do not have access to the original PO(s), they too require a reliable source of documentation.
Among the top five are vehicle parts (excluding engines), iron and steel articles, rubber articles, plastic articles and medical supplies. Among the top five are vehicle parts (excluding engines), iron and steel articles, rubber articles, plastic articles and medical supplies. military or defense needs. East and Gulf Coast ports.
In the meantime, here’s the supplychain and logistics news that caught my attention this week: Trump launches opening salvo in US trade war as tariffs kick in. cargoes, disrupting trade (Reuters). In fact, some companies have started to modify their supplychain networks and investment decisions in response (e.g.,
As the global environment is shifting based on political debates, EU/British negotiations, tariffs driven by the Trump administration, as well as the sudden shifts in country-level policies, supplychainexecutives and planners are working to plan for future uncertainties. However, some categories are capacity constrained.
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