This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The supply chain planning market, which had been growing at double-digit rates during and after COVID-19, has slowed considerably, particularly in Europe. Where in the extended network of suppliers, customers, and logistics partners has the problem that limits the plan arisen?
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
FreightPath is renowned for its innovative cloud-based learning management system and candidate recruitment solutions tailored for the logistics industry. John’s vision for continuous service improvement and his prior experience with global recruitment firm Search Logistics drive FreightPath’s success.
The challenges of managing Logistics is not a new one, but the complexities and variables inherent in today’s. Dr Raymon Krishnan - President of the Logistics & Supply Chain Management Society. Raymon has over twenty five years experience in the Logistics industry as an end user and service provider.
And now on to this week’s logistics news. May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. West Coast and North Europe.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.
And now on to this week’s logistics news. The startup procured $400 million in a Series E financing round, led by One Madison Group and JS Capitol , that includes Walmart and existing investing partner SoftBank Vision Fund 1 in January 2022. Earlier this week, San Francisco-based vertical farming company Plenty Unlimited Inc.
Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube.
Over the years, individual locations—the company has several manufacturing locations in Europe and North America—have behaved increasingly autonomously. Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility.
The Suez Canal is the shortest route for container traffic from Asia to the Mediterranean and Europe, and is also used for some volumes from the Far East or Southern Asia to North America. Europe and Mediterranean volumes with these carriers as well. What to expect from shipping in the Suez Canal & Red Sea? Asia – N.
To transition to high-variability, low-volume production is possible using the approach to flow control interpreting product definitions of individual products and executing them using capability matching, logistics scheduling, and execution engines interacting with digital twins of assets, and, f required, AMRs. The post Industrie 4.0
If interested in receiving a full table of contents, please contact Conrad Hanf ( chanf@arcweb.com ) if you are located in North America, Latin America, or Asia; or Ann-Kathrin Blech ( ABlech@ARCweb.com ) if in Europe. In fact, retail and other verticals such as logistics providers (parcel) experienced rapid growth from 2019 – 2021.
Europe relies on Russia for around 35% of its natural gas. Increased shipping lead time: More than 6,000 miles of railroad runs through Russia and connects Eastern China with Western Europe. You will need to engage your procurement, sourcing, and finance teams as part of such an effort. This further adds to lead times.
The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. As the US and Europe enter peak winter season in Q4, issues on the energy front are expected to be more severe. About 73% of the aluminum cans in the US come from recycled scrap. What’s Next?
2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows. Key Trends.
For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
Dr Raymon Krishnan - President of the Logistics & Supply Chain Management Society. Raymon has over twenty five years experience in the Logistics industry as an end user and service provider. The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible. MORE FROM THIS EDITION.
While many sectors can already report decreasing greenhouse gas (GHG) emissions, logistics continues to be seen as a hard-to-abate sector given its current growth rates and its persistent dependence on fossil fuels. In Europe, more than 500,000 road carriers are in the market, 99% of them with less than 50 employees.
Mr. Eberle is the vice president of logistics and distribution operations at Molex. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Keys to Success.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? Why is this shift such a big deal?
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. But we have to go further. It’s no longer sufficient to only know where products are while in transit. He lives in Chicago.
As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. As demand for last mile logistics intensifies, warehouses become the prime candidates for automation.
has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. They have significant experience in working in remote and often environmentally hostile regions of the world, where logistical constraints create myriad challenges. REDWOOD CITY, Calif., Arkad S.p.A.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. All aboard. He lives in Chicago.
More than 30 Q-Commerce companies are currently operating in Europe, and half of them were founded very recently, in 2020. To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. increase with their sales in the U.S.
Immediately, the agent reoptimizes inventory routes in North America and updates the customer in Europe all without human involvement. The connected ecosystem of composition agents works across fulfillment, procurement, planning, and logistics. Imagine an AI agent that notices a port delay in Asia.
The vital role of logistics and its decarbonisation in the fight against climate change is undisputed. Yet there are still concerns that environmental improvements might impair the economic efficiency of logistics. It Is Time to Act. 2020 has been a pivotal year in many respects.
This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account. Planning systems need to address the risk and variability not only on the demand side but also on the supply and logistics side.
The research notes that noticeably expanding trading relations are between businesses based in: Malaysia (61%) and Vietnam (52%) with China; India (54%) and the United States (51%) with Europe; and the United Kingdom (46%) and India (62%) with the United States.
As Stephan Sieber pointed out in his interview, in Europe, 50 percent of carriers spend 3 or more hours of waiting per week and 20 percent spend 5 or more hours waiting. Time slot management needs to be part of the larger supply chain network, which includes transportation execution, procurement, and real-time data for enhanced visibility.
And with that, here’s the supply chain and logistics news that caught my attention this week: Powerloop, new venture from Uber, offers trailer pooling platform (CCJ). project44 and GateHouse Logistics Announce Exclusive Partnership. Odyssey Logistics & Technology Corporation Announces Intent to Acquire AFF Global Logistics.
While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength. Once that’s in place, CFOs will notice: Improved margin by lowering your cost of goods sold. Reduced working capital.
In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.
Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. The supply plan will include the procurement plan for their raw material supplies (Tier 2) needed for their finished goods suppliers (Tier 1). To achieve this, VF has invested in their logistics infrastructure.
Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules. Further, non-EU firms are subject to these regulations if they want to do business in Europe.
Raj is Head of Product for Uber Freight , a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube.
Europe prices (FBX11 Weekly) stayed level at $2,337/FEU. Europe weekly prices fell 1% to $3.71/kg. Europe – N. Join 50k+ subscribers who get our free freight weekly update " * " indicates required fields Email * Consent * I consent to receive logistics research, freight tech, and commercial emails.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Indirectly, the rest of the world benefits too.
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Moving on, here’s the supply chain and logistics news that caught my attention this week: Uber teams with NASA to make flying cars a reality (CNN). Robinson Launches Rail Service, Connecting China and Europe. But it’s no joke, it’s true.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. and Europe.
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content