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Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. Manufacturers and suppliers who ensure timely visibility of actual demand and clear communication across supply chains have been at an added advantage during these trying times. CALISTA is a prime example of a supply chain orchestrator. Opinion Editorial by GeTS.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Editor’s Choice: Air Freight Forwarders Must Increase Air Cargo Visibility

Logistics Viewpoints

Today’s article is from Blume Global and highlights why air freight forwarders must help industry increase air cargo visibility. Adversity forces innovation, especially for those resistant to change. The Pfizer vaccine, for example, needs to be transported frozen at -70°C (-94°F), which is colder than Antarctica.

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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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3 Reasons Continuous Innovation is Vital for Manufacturers, Shippers, and Businesses Alike

GlobalTranz

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community. Innovation For IT Departments.

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The Sustainability Movement in Business and Manufacturing. Whirlpool, Saint-Gobain, 3M, Comvita, Medtronic and others. Enhanced long-term business viability.

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2021: Manufacturing, a Year in Review

QAD

QAD CMO Carter Lloyds described shipping delays, energy issues/sustainability challenges and the Carbon Bubble as three major industry disruptors affecting manufacturers. Lack of real-time communication between the manufacturing enterprise suppliers, third-party logistics providers and consumers. Rise in ocean freight rates.