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The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Approximately 73% of respondents cited progress in omnichannel improvements over the past year, but express cautious optimism for their company's supply chain and capacity. 94% of supply
In the past two weeks, I completed many interviews. The question is the same. “When will the impact of the pandemic on the supply chain be over?” My answer? “ No one knows, but it will not be soon.” I expect the resolution of the pandemic’s impact—with the multiplicity of issues and disruption—to take eighteen months to two years to correct.
As the 2021 holiday season revs into full swing, supply chain snarls continue to plague seasonal sales. If current supply chain troubles weren’t enough to deal with, the rapid spread of the Omicron variant of the coronavirus has everyone wondering whether living with Covid-19 is the new normal. Economics writer Brian Milner ( @bmilnerglobe ) poses a question that many others are also asking: “Is this a temporary crisis or something we’re going to have to live with long term?
There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. More and more companies are realizing that investing in their DCs and powering them with modern and sophisticated technologies like AI can lead to competitive advantages for the overall company. This quest to master distribution has risen to the top of the list because customers (whether consumers or businesses) are demanding performance like never before.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management b
Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.
Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.
Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.
Have you seen the video of an innovative way to pack a suit in a rolled-up cardboard tube ([link] rollor.com/) that’s been circling among the logistics crowd on LinkedIn? I must admit, new ideas on how to package anything more efficiently (and better yet, sustainably) is like catnip to me, a self-proclaimed tree-hugging logistics nerd. In this particular video, the company offers a seemingly simple but sturdy method to ship a suit jacket wrinkle-free!
Trane Technologies Facility in Columbia, SC. Tom France, the vice president of distribution at Trane Technologies, gave an entertaining presentation in early October of this year at a FourKites online conference. Trane Technologies uses the FourKites real-time transportation visibility and yard management solutions to help optimize logistics. Trane Technologies had sales of $12.5 billion in their last financial year.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep she
The New World Of Warehousing with Matt Fain. Matt Fain and Joe Lynch discuss the new world of warehousing. Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. About Matt Fain. Matt Fain is the Co-Founder and CEO of popcapcity , which provides a cloud-based platform that enables shippers and suppliers to seamlessly connect.
The FreightTech 100 2022 award recipients have officially been released. As an industry leader in 3PL solutions, including managed services, GlobalTranz is proud and honored to secure a spot in the 2022 FreightWaves FreightTech 100 , marking the fourth consecutive year of inclusion. What Are the FreightTech 100 Awards? The FreightWaves FreightTech 100 awards honor companies that have demonstrated prowess in business over the past year and established innovation and disruption in the freight ind
New forms of analytics abound. Embracing them is a different story. Data abounds while insights are low. Supply chain leaders struggle with the adoption and use of new forms of analytics. Only one in two are satisfied with their success in using analytics. Here we postulate why based on recent research. Analytics Success by Business Leaders. Reason #1.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A recent study claims that as much as 20% of invoices are incorrect, making billing accuracy a significant industry problem.
Walmart has used TMS to both save money and reduce carbon emissions. Last year, Rebecca Henderson’s, Reimagining Capitalism in a World on Fire , was on the short list for Financial Times and McKinsey Business Book of the Year Award. The premise of the book by this Harvard business professor is that capitalism is making our society increasing unstable as the middle class’s income is being reduced while the wealthy are becoming ever richer.
Supply Chain: Cash or Trash with Seth Page. Seth Page and Joe Lynch discuss supply chain: cash or trash. Seth is the COO of ThroughPut.ai , an artificial intelligence (AI) supply chain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks in real-time. Webinar – Demand Planning in VUCA Times with Ali Raza.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
Managing OTR transportation through disruption is a complex process. As market volatility continues to challenge supply chains, shippers are looking for solutions to help create consistency. We’re sharing seven best practices to improve OTR transportation management, enabling shippers to stay competitive in the face of disruption. Let’s take a closer look at how to turn these practices into action. 1.
New forms of analytics abound. Embracing them is a different story. Data abounds while insights are low. Supply chain leaders struggle with the adoption and use of new forms of analytics. Only one in two are satisfied with their success in using analytics. Here we postulate why based on recent research. Analytics Success by Business Leaders. Reason #1.
Singapore’s Status a Global Hub. From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. However Singapore has managed to preserve it position as a global trade hub.
Halloween is in the rearview mirror and Black Friday is on the horizon. As such, retailers and logistics providers are gearing up for the annual holiday logistics crunch. The National Retail Federation (NRF) has forecast that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
7 ways sustainable supply chains improve your business’s bottom line. Key Takeaways. Sustainable practices give businesses a competitive edge. Traceability solutions allow businesses to back up their sustainability claims. Visibility into the supply chain allows businesses to optimize their practices. Sustainable practices save businesses money. Sustainability protects brand reputation.
Freight-Tech Meets Fin-Tech with Victor Ofstein. Joe Lynch and Victor Ofstein discuss freight-tech meets fin-tech. Victor is the Head of Strategic Partnerships at Melio where he brings Melio’s seamless online payments to the logistics and transportation industry. About Victor Ofstein. Victor Ofstein is the Head of Strategic Partnerships at Melio , a company that is bringing freight-tech to fin-tech.
Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” This massive positive windfall is double the profit made by carriers over the past 20 years combined. Yes, a single year offsets twenty years of poor margins for a struggling industry.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility. Stuart is a British national, married with three children.
It’s been 18 months since the World Health Organization (WHO) declared COVID-19 a pandemic, and the world is still trying to adjust to the changes and uncertainties associated with it, even causing a domino effect in some instances. The pandemic halted many supply chains last year, closing factories and stores, and limiting manufacturing and distribution operations.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Kuebix’s blog discusses the factors driving on-demand trucking and how it works. On-demand trucking is the process of finding.
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