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He has held leadership roles such as Vice President of Linehaul & Central Dispatch Operations at Yellow, Director of Network Operations at YRC Freight, and various operational and sales leadership positions with both YRC Freight and Roadway Express over the course of his well established transportation career.
Imagine shipping to Hawaii as an obstacle course. This control is particularly useful if you’re shipping specialized freight. Successfully navigating this environment requires not just operational discipline, but also agility, strong local partnerships and resilient supply chain design.
From Red Sea shipping disruptions that are rerouting global freight to rising tariffs and shifting labor markets, volatility has become the new baseline. Rather than scrambling to re-forecast and reallocate inventory, autonomous systems detect the shift, rebalance resources, and surface new supply plans before planners even intervene.
The word “perfect,” of course, can be misleading. That, of course, is a particular strength of modern-day artificial intelligence, which delivers the ability to input and analyze vast amounts of data, far beyond the capability of humans to do so.
Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Variable costs: Relating to transportation, labour, and inventory management.
Duncon Angrove, Chief Executive Officer, Blue Yonder What became quite clear over the course of the week was more evidence that the elephant is definitely still in the room, and ICON demonstrated that the rationale for supply chain modernization isnt about a solution provider just trying to sell wares.
Is inventory bloating your costs? A scorecard acts as your dashboard, providing crucial visibility that helps you: Make Data-Driven Decisions: Replace guesswork with facts when evaluating suppliers, processes, and inventory levels. Improve Efficiency: Understand process timelines and inventory holding to streamline operations.
As freight carrier rates and fuel prices rise, and competition for customers heats up, their margins are shrinking. market at record rates during what experts are calling a freight recession. At the same time, Logistics Service Providers (LSPs) are also feeling pressure. Both carriers and LSPs are exiting the U.S.
Of course, AI is already in use in the supply chain, adding its capabilities to myriad other efforts to optimize operational efficiency. That’s because supply chain itself is huge, Koganti argued. In any given country’s economy, it represents around 20% to 30% of GDP. It employs 450 million people globally, and contributes $1.45
Much of the process of operating inventory and delivery coordination is being transformed by AI and automation. Professionals looking to understand the core technologies behind this transformation can benefit from the AI in Procurement Basics course , which explains predictive algorithms and AI-powered workflows in procurement and billing.
Now is an excellent time to develop organizational execution intelligence, which means using data and analytics to optimize operations across inventory management, pricing and promotion to squeeze every last ounce of efficiency out of your processes. Prioritize execution intelligence. To use a rudimentary illustration from the U.K.,
How well you integrate the suppliers in your processes of course depends on how well you perform as a trading partner you are. Procurement must take a lead in this, of course, but there must also be much greater engagement across other touchpoints. Do you give suppliers accurate forecasts? How often do your purchase orders change?
And, of course, 41% are going all in on artificial intelligence-powered technologies. Kenco’s 2025 Supply Chain Innovation Survey found that one in four professionals now have $500,000 or more in their budget to incorporate new tools and technologies, and 39% have seen their budgets increase this year.
Automated storage and retrieval systems (ASRS) allow you to better utilize your current footprint by storing inventory as high as 40 feet and streamlining pick and putaway operations. ASRS allows operators to make use of untapped vertical space, transforming high ceilings into high-efficiency inventory zones.
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This makes them ideal for businesses with fluctuating inventory, seasonal demands, or off-site work that requires compact transport options. From the job site to the warehouse, factory floor to freight terminal, one ton of bags are built to go where the work happens. That adaptability also makes them a win for mobile operations.
Reported on April 24 For the moment, we have paused certain purchases from China that were destined for the US market, and will rely on our current inventory to meet short-term demand. Recall, we purchased targeted additional inventory in late fiscal '25 and early fiscal '26, ahead of tariffs.
Imagine a supplier whose customer’s DBT climbs from 12 to 57 over the course of just three months. Our report highlights that erratic payments with sharp spikes and dips in days beyond terms (DBT) are a stronger predictor of financial distress than consistently late payments. DBT is the average number of days a company takes to pay suppliers.)
Of course now with the integration of Artificial Intelligence (AI). By seamlessly integrating disparate systems, such as: telematics maintenance records inventory management The software then paints a holistic picture of fleet performance. Charting a course for fleets to thrive in a data-driven universe.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
Shippers are scrambling to front-load orders during this 90-day window, an effort thats already driving spot rates higher across ocean freight, drayage, and over-the-road transportation. Even as brands sprint to determine the best course action, the future of tariffs and trade remains murky. Despite the ruling by the U.S.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
Machine learning algorithms can forecast demand shifts, recommend inventory buffers, and detect anomalies in supplier performance. Take the example of inventory optimization. Whether measuring supplier performance, inventory turns, or delivery reliability, this tool helps organizations stay aligned and data-informed.
Orchestrating the flow of thousands of parts from numerous suppliers presents a logistical nightmare, making it incredibly difficult to predict demand for specific configurations and avoid either surplus inventory or part shortages. EV production, while simpler in terms of component count, faces a critical bottleneck: Battery production.
Echo surveyed 5,000 carriers and shippers on the freight market On Tuesday, Echo and FreightWaves co-hosted a webinar that featured Sean Burke, Echo chief commercial officer, and Jay Gustafson, Echo executive vice president of brokerage operations. Carriers said access to well-paying freight is their biggest challenge.
Freight volumes were mixed but mostly down, as the “freight recession” continued on now for more than two years. The Freight Tonnage Index from the ATA for June showed volumes in Q2 basically flat versus Q1, up just 0.2%. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! compared to 2024.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. A lack of understanding can lead to misdirected shipments, sitting containers, or wasted inventory.
For as many curve balls that are being thrown at us, the same kind of curve balls are being thrown to them and everyone is taking a slightly different approach with how they're managing their inventory and their order pattern. It's really in Q3 that we expect to see some tariff impact coming through as it works through the inventory of cycle.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
The adoption of digital freight platforms like Nuvocargo and Nowports has improved cross-border logistics efficiency. If you want to learn more about supply chain and logistics network design, check out the course by Shimon Gowda. SCMDOJO offers exclusive content, designed by industry experts for its subscribers.
That, of course, should come as no surprise, given its huge investment in automation. ( Of course, AI is also playing a key role here too. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! We need to move with the times, and always be one step ahead of what the future will bring.
It frankly may have to do with in effect getting more companies in the top 25 plus the Masters category combined - Gartner clients like that recognition, of course. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! Why does Gartner do this? It may also allow the top 25 list to appear a bit more dynamic.
As trade policies evolve and geopolitical tensions mount, businesses must prioritize flexibility and resilience in their supply chains or risk inventory shortfalls, shipping delays and further cost inflation. Track components such as raw materials, freight and labor to assess real-time cost impacts. Assortment simplification.
Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft. What do you say?
And the total amount of inventory on hand to provide the next-day service that both facilities promise their customers is also much lower in the second distribution center. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! Please check out my blogs on the subject at www.zipxpress.net.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Supply Chain Digest Says. What do you say?
Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.”
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. Always have enough to Sell / Produce 2.
All that is distant memory now, as the maker of freight trucks powered by hydrogen fuel cells announced it had begun selling off its assets. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! We need to move with the times, and always be one step ahead of what the future will bring.
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