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However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport. Patagonia serves as an excellent example of this approach, incorporating recycled materials into its products and offering repair services to minimize waste while maintaining a strong brand commitment to sustainability.
In April, freight company HLS Group reported 80 canceled sailings from China as trade tensions with the U.S. To keep operations and supply chains stable amid the volatility of today’s global trade dynamics, companies need a freight strategy that can flex under pressure. Take the example of a U.K.-based intensified.
The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. By focusing on purpose-driven data, companies can avoid wasting resources on metrics that are not utilized. Esch cited a study by a U.S.
For example, AI-enabled systems can monitor global trade activity, policy changes, and even weather patterns to flag emerging risks before they impact operations. Organizations that have made these shifts are better able to keep delivery schedules, avoid emergency freight costs, and protect margin when external conditions change.
Environmental Monitoring in Sensitive Freight Cold chain logistics, chemical shipments, and electronics distribution increasingly rely on real-time temperature, humidity, and shock sensors. In pharmaceutical logistics, for example, real-time monitoring is often mandated for regulatory compliance. acceleration, idling, braking).
Whether refining freight logistics efficiency at port terminals or enhancing last-mile delivery in urban neighborhoods, V2X adds intelligence to every vehicle interaction. This is a working model for connected urban freight corridors. This type of cooperative driving is ideal for long-haul logistics.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. This is why it’s important to map out your entire freight operation. What is Supply Chain Efficiency?
Examples of non-compliant procurement Types of procurement compliance Procurement compliance KPIs Purchasing compliance roadblocks Procurement compliance: Best practices checklist Frequently asked questions about procurement compliance What is procurement compliance? Scroll down to find out: What is procurement compliance?
Crowley has been named a winner of the prestigious 2025 FreightWaves Fraud Fighter Awards, recognizing the company’s innovative approach to combating increasingly sophisticated freight fraud schemes. According to Crowley, the most dangerous threat in today’s freight industry is “the rise of identity theft and synthetic carrier profiles.
How These Functions Work Together Key Differences Between Supply Chain, Logistics, Transportation, and Operations Examples of Use Cases Importance of Understanding These Terms for Business Leaders Modern Challenges in Each Function How AI and Automation Are Transforming These Domains Which Area Should You Focus On for Maximum ROI?
Springs said, “We’re seeing consistent increases in safety metrics.” Sysco was another example of using technology to boost safety and efficiency. While we always aim to improve these metrics, it’s not just about numbers — it’s about caring for our people.” The improvement also extends to community safety and transparency.
For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.
Failing to meet expectations can result in: Chargebacks Loss of preferred vendor status Smaller or fewer orders Strained retailer relationships These scorecards are not just internal metrics. One of the most important metrics on a retailer scorecard is OTIF , which stands for On Time, In Full. What Is OTIF and Why Does It Matter?
The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. Supply chain and logistics teams today face a pivotal moment in their evolution. Perhaps the most transformative is the emergence of digital networks.
The Cost Performance Index (CPI) is a financial efficiency metric used to measure cost performance in projects and operational activities. Example: If a company planned to procure materials worth $100,000 but ended up spending $120,000. Example: A supplier was expected to deliver components worth $500,000. A CPI of 0.83
In logistics, they come from sources like freight associations, warehouse management publications, and reputable local directories. Optimization for speed is one of the most recommended SEO best practices because load times directly impact the key metrics used for ranking, especially engagement data and bounce rate.
In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions. 3PLs, for example, rely on contracts with customers that can change over time.
s introduction of a universal 10% baseline tariff, for example, may appear a manageable challenge at face value. For example, a business that can accurately model the impact of new tariffs may decide to maintain customer prices temporarily, absorbing short-term cost increases to preserve relationships while competitors scramble to adjust.
Another example of AI’s effectiveness occurred within a leading transportation and logistics company with nearly 450,000 trucks and 150 locations. In this case, gen AI gathers insights from this data, while agentic AI autonomously adjusts sourcing strategies for supply chain risk mitigation.
The beverage industry offers a valuable example. Establishing baselines, tracking reductions, or meeting compliance requirements without having accurate, standardized data becomes nearly impossible. It’s resource-intensive by nature, with emissions stemming from agriculture, water use, packaging and outsourced production.
Koganti gave the example of the Greeks’ response to the news that the Persians were on their way to invade in the fifth century BCE: Athenian politician and general Themistocles’ response was to urge the building of a navy (which turned out to be devastatingly effective ).
The global logistics industry undergoes transformative change because of technological developments which enhance delivery services from last-mile operations to worldwide freight management. Real-World Examples Amazon Amazon operates the world’s most advanced supply chain system.
For example, if your supplier is on wafer-thin margins, it may be bulk purchasing in order to reduce costs, leaving it with excess stock. Or they could be economic related, such as the number of bankruptcies among freight companies (due to overcapacity, falling rates, labor shortages etc.) In the end, its not about what AI can do.
A practical example of inventory balancing in action would be a national retailer noticing high demand for winter coats in their Northeast stores, while Southwest stores experience a surplus. These metrics provide quantifiable data that reveals the impact of stock balancing efforts and identifies areas for improvement.
Dwell at the hub of Shreveport, for example, jumped from 35 hours to 68 hours for the week ending May 9. The number of cars online is a key congestion metric. Rick Paterson, an analyst with Loop Capital Markets who closely follows railroad performance metrics, says rail technology system changes are inherently difficult.
Apples Siri and Amazons Alexa are personal-use examples of these, but from a business context, their uses are just starting to be implemented. Traditional AI dates back to at least the 1960s and encompasses techniques such as machine learning, which utilizes historical data to optimize problems and predict future outcomes.
So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supply chain bottlenecks.
Bring together all the metrics you need in one place to inform your decisions and strategies. For example, integrating your shipping software with marketing automation tools like Mailchimp will let you automatically send shipping update emails to your customers. million in freight cost savings for Our Place.
Bring together all the metrics you need in one place to inform your decisions and strategies. For example, integrating your shipping software with marketing automation tools like Mailchimp will let you automatically send shipping update emails to your customers. million in freight cost savings for Our Place.
On February 1 st , 2024, these requirements changed to 90% for on-time and 95% for in-full metric s. The consequences of not meeting OTIF standards go beyond fumbled revenue for not having product on the shelf. Walmart, for example, requires suppliers must meet a 90% on-time rate to stay in compliance.
Using telematics can can help small fleets overcome these challenges and can make fleet management more efficient by just about every metric. For example, a delivery van may be able to serve more customers in the same amount of time, simply by making small changes in their route. What are the Drawbacks of Telematics?
For example, RFID-enabled medications can be scanned quickly and accurately at multiple points in the medication lifecycle. When interoperable with electronic health records, billing systems and regulatory frameworks, they reduce friction and streamline compliance workflows. But software alone isn’t enough.
This includes, but is not limited to: Freight Duties, tariffs, and taxes Insurance Harbor fees Handling charges Currency exchange rates Payment processing fees When evaluating suppliers, you should prioritize the lowest total landed cost. For example, consumer behavior and buying patterns can change when prices rise.
For example, let’s say you run a small craft business. For example, let’s say your business uses in-house fulfillment for high-margin products, key markets, or specific sales channels. For example, maybe you want to reduce delivery times, improve customer satisfaction, or increase operational efficiency. We’ve got you covered.
A key example is guided selling — a dynamic form of product search that asks users a series of questions to help winnow down the catalog to a manageable set of products that meet their exact specifications. With the rise of ChatGPT, the popular conception of AI has been that of a program that a user prompts, then receives a response.
They can abandon outdated forecasting models, for example, by ensuring that strategic external data points that impact consumer demand are integrated into their operating models. And for large enterprises, even small efficiency improvements can quickly translate to millions in savings or additional revenue.
For example, perhaps you’re expanding your reach, looking to reduce costs, or improve efficiency. A few examples of questions you can ask include: What’s your fulfillment capacity and can it scale with changing demand? million in freight costs after taking advantage of ShipBob’s distributed fulfillment network.
For example, companies can negotiate a contract that reduces the per-unit price from $5 to $4.50 Let’s see how these concepts work with two examples: Scenario 1 Imagine a company that buys an item for $12,000. For example, a company may find a new supplier with cheaper goods and skip the quality check.
Take the example of inventory optimization. Leaders must ensure the right questions are asked, the right metrics are tracked, and the right teams are aligned around decisions. They must translate models into action, balance efficiency with resilience, and rally teams around long-term supply chain goals that go beyond quarterly metrics.
As an example, Gartner cites the 94% of supply chain logistics leaders that either currently have a supply chain management transportation system or plan to deploy one in the next one or two years. ( Financial performance metrics are valuable as they capture the economic consequences of business decisions.
For example, setting internal benchmarks for racial representation in leadership or offering programming limited to particular identity groups are likely to be challenged as contrary to EO 14173 and unlawful under Title VII.
Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.
Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.
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