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” In this type of presentation, I struggle to sit in my chair. I prefer a grounded, data-driven presentation focused on improving value. The report mentions the freight recession, but is largely silent on the impact on business resiliency. As I listen to most presentations, I ask myself the question of how we got here.
The global logistics industry undergoes transformative change because of technological developments which enhance delivery services from last-mile operations to worldwide freight management. Companies like FedEx and DHL spend significant resources developing proprietary systems to stay ahead in operational excellence.
If you recently scored a purchased order (PO) from Walmart, congratulations! Walmart is the largest retail company in the world by revenue. It operates over 10,500 stores and clubs in 20 countries. 90% of Americans live within 12 minutes of a Walmart. You must be super excited. What would you do with one million extra dollars?
Below is a plot he produced of manufacturing output excluding hi-tech products like computers (which don’t contribute much freight and inflate total industrial figures due to how inflation adjusted output is measured [compare inflation adjusted output [link] versus value of shipments [link] and you will see the difference]).
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
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. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. God bless america from its present distraction. Likely I'm off base?
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.”
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
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. News that 3PL giant DHL will buy more than 1000 robots from Boston Dynamics, according to a strategic Memorandum of Understanding (MOU) signed between the two firms.
The monthly report from Cass and partner Tim Denoyer of ACT Research is based on data from the billions of dollars of freight bills that Cass pays for its shipper clients. in 2024, and so far is trending toward another decline in 2025, Cass says, as carriers navigate the lousy freight environment. Supply Chain Digest Says.
Meanwhile, our supply chain and logistics stock index, which is made up of more than 20 stocks across freight carriers, logistics service providers, and supply chain hardware and software vendors, lagged the S&P, with a gain of just 10.3% God bless america from its present distraction.
"Other" costs - always somewhat vague, and mostly involving certain IT expenses and some services such as freight forwarding, were up 2.8%, though this bucket is by far the smallest of the three main categories at just 7.0% CSCMP members can download a copy for no charge, and others can purchase one for a modest fee.
Meyers delivered presentations on his list of commandments at dozens of industry events for more than a decade, heard by literally thousands of people hoping to avoid their own "bar code bloopers" (the title of another often delivered presentation of the era). God bless america from its present distraction.
He founded a new freight company called “Federal Express,” to denote his national ambitions. Without those constraints, FedEx could afford to buy larger planes and by 1983 had revenue over $1 billion. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
The erratic trade policy with on-again/off-again tariffs has led to price uncertainty for customers, who appear to be prepared to hold off large capital purchases until stability returns. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. a little up from 48.5
Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. The service provider is the subject matter expert in the services provided, and in an excellent position to enhance the capabilities and services offered by the shipper. God bless america from its present distraction.
TuffAir’s site states that it plans to launch in the fall, “with high performance aircraft, lean operations and a scalable model to connect overlooked freight corridors across the Midwest. TuffAir argues that its strategy is unique and is designed to facilitate cheaper, faster regional air transit for freight. ( What do you say?
In addition, with no end in sight for ongoing freight market weakness, rolling stock that doesn’t have a traditional internal combustion engine is seen by many as too pricey for all but the deepest-pocketed carriers. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article.
Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.
Leverage the 3PL’s size and scale: The size and scale of a 3PL presents greater optimization and cost savings opportunities than a shipper would have on its own. For example, a 3PL can combine the freight of 30, 40 or 50 clients to give shippers far more buying power than they would command “going it alone” in these trying times.
We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence. Douglas Meredith Professor of Teaching Excellence and associate professor of supply chain. We hope you enjoy!
While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.
This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. reputation for excellence in reverse logistical results. Customers want results.
Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates. Prescriptive analytics envision many different scenarios using intelligence gathered in real-time, and presents an optimal solution.
You start by pressing on one color and with every selection you are presented with a random sequence of colors that you must remember and repeat. At the beginning, about a month after I had placed a large purchase order I was approached by accounting. How many of you are familiar with the game Simon ? Have you ever made a bad decision?
Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations. In this case, it was not in bulk but individual purchases. French customers were buying directly from Chinese merchants. At a low level, the answer is no one would.
The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. The discussions are full of vacuous presentations and over-hyped promises. Or mine supplier shifts to build alternate buying plans. Sensing and Proactive Alerting.
My schedule had me on a plane to Chicago at the time of the presentation. We rescheduled my flight and I quickly put together some slides for the presentation. (To I had successfully adapted to give a presentation on agility to 254 people. Q: You mention that Executive Buy-in is the biggest stumbling block.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. Brand loyalty is no longer the driver for consumer purchasing decisions.
The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar. If not, modify it.
Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. appeared first on Freight Logistics Company | Cerasis.
GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Herrin was a good fit.
The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network.
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