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Will Trucking Challenges Transform JITS in North America?

QAD

JITS is the acronym for “just-in-time-sequence,” a common supply chain practice in the automotive industry that eliminates or significantly reduces the need to maintain parts inventory at the assembly plant. The advantage of a ‘pull’ system, over more traditional push based manufacturing, is that we only produce what is needed when it’s needed. Needing to carry only a few hours worth of inventory, thereby savings on inventory carrying costs and working capital.

What are Freight Management Services?

Supply Chain Game Changer

What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. Why is freight management important? Types of Transport Companies Used in Freight Management Services.

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The Toilet Paper Supply Chain!

Supply Chain Game Changer

Manufacturers make toilet paper based on those demand signals in a very predictive manner. The majority of toilet paper sold in North America is manufactured in North America. Given that there has not been a massive shutdown in America factories the lack of supply cannot be attributed to temporary factory closures. There is also nothing particularly challenging or unique about the manufacture of toilet paper nor its Supply Chain.

Lazer Spot and PINC partner to provide enhanced yard management services and solutions to enterprise customers

PINC

Leaders in yard management services and technology to collaborate to bring transparency and efficiency to hundreds of facilities in North America.

State of Logistics Outsourcing: Plenty of Room for Growth as Shipper Dissatisfaction & Technology Expectations Increase

Cerasis

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. After China, other regions that have growth potential, according to 3PL and supply chain executives, are North America, Asia (not including China and India) and Western Europe, in that order.

Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. What Is Driving the 2020 Freight Market?

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

China was locking down hundreds of millions of people and closing manufacturing facilities. As China is the largest manufacturing country in the world the economic repercussions were really starting to be felt. And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Automotive manufacturers are looking to manufacture ventilators.

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What Is Retail Consolidation?

CH Robinson Transportfolio

Maintaining inventory levels and optimizing order quantities, while keeping compliance requirements in mind, requires a strategic approach. If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. Activities such as these help the retailer improve efficiency, lower inventories, focus on an omni-channel approach, and respond most effectively to the consumer’s demands.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries.

Freightera’s New Redesign Takes Instant Online Freight Quotes to the Next Level

Freightera

Shippers can now get instant freight quotes without creating accounts. 7, 2017 – Just in time for the busy fall shipping season, the Canadian startup serving businesses with instant freight quotes and online bookings unveiled its break-through redesign. Freightera also opened the first lanes automating refrigerated less than truckload and full truckload freight. Over 9 billion automated rate quotes in Freightera’s inventory connect 23,000 communities.

Logistics Industry’s Slow Economic Comeback Continues in Spite of Challenges

Supply Chain Network

Inventory carrying costs increased 10.3 percent last year due to higher costs for taxes, obsolescence, depreciation, and insurance, which were offset by a further drop in the inventory carrying rate and warehousing costs. Manufacturing and business spending were the bright spots during much of 2010, while consumer goods production was almost flat.

Letter from the CEO: Coronavirus Market Update

Transplace

North America Market. Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Carmakers and electronic manufacturers in South Korea and Japan are reporting production line shutdowns. to Asia export bookings especially in markets with low container inventory. Letter from the CEO: Coronavirus Market Update. By: Frank McGuigan, Chief Executive Officer, Transplace.

Logistics Trends Part 2

BluJay Solutions

Global manufacturers have found ways in which to flex their supply chains to utilize lower cost sea freight rather than more expensive air cargo. Restructuring production schedules has been part of this, as well as encouraging consumers to pre-order, removing much of the risk of holding too much inventory. This may seem counter-intuitive as sea freight transit times are increasing as shipping lines introduce slow steaming in order to reduce fuel costs.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. The electronic validation program made its debut at Port Everglades in Florida to exporters needing to ship used vehicles from South Florida to destinations throughout the Caribbean, Central America and beyond.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels. Transportation strategy and tactics must support Lean inventory strategies.

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Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., Given this continued volatility, global importers are eager to restock their inventory. Assessment of inventory levels. Having an accurate assessment of your inventory is expected, but it’s important to understand how limitations on imports, not only from China but around the globe, will impact your current inventory and regular shipping cadence.

A Baker’s Dozen of Killer Blog Posts

BluJay Solutions

That includes most of the biggest carriers in North America. No Crystal Ball Required: The Future of Freight Forwarding. Last summer Kewill worked with Transport Intelligence to examine the state of the global freight forwarding industry. The resulting report, “The Future of Logistics – What Does the Future Hold for Freight Forwarders?” Kewill provides EDI services and solutions to hundreds of customers in retail, manufacturing and logistics.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

A shift to manufacturing critical goods like pharmaceuticals in the United States would lead to higher production costs, for instance. We follow a stringent procedure to organize inventory in our warehouses. In this case, a freight forwarding company can help.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

The first response, from Anders Lillevik, Global Head of Procurement Support Services, QBE North America, provided a very interesting perspective: “I’ve been doing procurement for a long time, in many different companies. We don’t impact COGS much in financial services – but from an indirect side – we will continue to build procurement but won’t build the level of influence as manufacturing. I can see the light that will maybe be a freight train someday.

Reuters Events: Supply Chain in conversation with XPO CIO Mario Harik

EFT

They switched a number of their manufacturing facilities to actually make PPE. This allows our customers to see where COVID has shut down infrastructure, such as ports or municipalities and how the flow of freight is impacted within a certain geography.

Writing: Working on My Book

Supply Chain Shaman

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. When it comes to how our products are produced, our Global Manufacturing Principles (GMP) set these standards.

Market Update: Transportation Industry News

CH Robinson Transportfolio

This month’s Market Update highlights some of the key factors that impact the transportation industry in North America, including the most recent Shippers Conditions Index (SCI) reading, which shows signs of improvement in overall market conditions. ATA Chief Economist Bob Costello expressed concern with flat factory output, falling retail sales, and elevated inventories at retailers, wholesalers, and manufacturers.

The India supply chain revolution

Supply Chain Movement

This was meant to incentivize companies to manufacture locally, and indeed many did, either by outsourcing or creating micro-factories in most of India’s 29 states, despite volumes that might have more naturally led to larger economies of scale in consolidated production facilities. Past estimates from Mumbai-Calcutta have been as high as a seven-fold delay for freight as compared to a passenger vehicle. ADJUSTING TO A NEW TAX REGIME.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. In 2014, Deere & Company was listed 80th in the Fortune 500 America’s ranking and was 307th in the 2013 Fortune Global 500 ranking. One of the world’s largest manufacturers of computer chips, Intel needs little introduction. Inventory planning.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

A Quick Glance Into The Logistics Market - March 2016

EFT

Unemployment Rate: The unemployment rate in America remained at 4.9% Source: US Census) Manufacturing & Trade Sales Total combined sales and manufacturing shipments totaled nearly $1.296 trillion in January 2016, down 0.4% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.812 trillion in January, up 0.1% MULTIMODAL: Cass Freight Index: The February shipments index increased 8.3%

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company.

Wrapping up 2019: Today’s Surface Transportation Market

CH Robinson Transportfolio

The duration and magnitude of these cycles varies based on freight demand and supply injection or contraction (from both the for-hire and private capacity pools). This year, we saw strong North American freight volume. While this sounds alarming, 2019 has been a very good freight year when compared to the years prior to the exceptional 2018. 2018: Exceptional year for freight volume paired with continued supply contraction into Q1.

Spring Starts Slowly

EFT

Business Inventories. . While we are on the Commerce Department reports, let’s take a look at inventories, a key part of the GDP. The high levels of inventories held at the retail and wholesale levels are restraining the freight markets. . Inventories barely fell inching down 0.1 Excluding automobiles, retail inventories rose 0.3 Expect retailers to continue deep discounting over the second quarter to work through these inventories.

Freightera Marketplace Books 10,000th Shipment, Goes Live with CN Rail

Freightera

Freightera, “Expedia for Freight”, celebrates its 10,000th shipment, on target to achieve best LTL inventory in the US and Canada. May 1, 2018 /PRNewswire/ — Freightera, North America’s rapidly growing online freight marketplace, celebrated its 4th birthday today as it booked over 10,000 shipments. In the last year, Freightera signed all Class 1 railroads and added an initial inventory of refrigerated LTL and FTL to the platform.

A Quick Glance Into The Logistics Market - January 2016

EFT

Unemployment Rate: The unemployment rate in America remained at 5.0% Manufacturing & Trade Sales: Total combined sales and manufacturing shipments totaled nearly $1.317 trillion in October 2015, down 0.2% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Cass Freight Index: The December shipments index decreased 4.9% AIR FREIGHT: .

A Quick Glance Into The Logistics Market - January 2016

EFT

Unemployment Rate: The unemployment rate in America remained at 5.0% Manufacturing & Trade Sales: Total combined sales and manufacturing shipments totaled nearly $1.317 trillion in October 2015, down 0.2% Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Cass Freight Index: The December shipments index decreased 4.9% AIR FREIGHT: .

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. “Tightening capacity requires a more ‘connected’ broker…” While freight growth is forecast to slow in 2019, truckload capacity will remain tight, largely driven by a tight labor market, new regulations and other factors. Instant freight pricing for international freight moves.

YARD MANAGEMENT SYSTEMS Questionnaire

The Lean Supply Chain

Actual Systems has successfully expanded beyond North America and penetrated Australia, the United Kingdom, the Netherlands, Ireland and Spain.  Who are the top vendors ( called “Best of breed” ) on the market? Manufacturing trucking assets that move between buildings are monitored using YMS. In Just in Time (JIT) manufacturing, YMS avoids truck and container delays that could result in costly production shutdowns. Improved deployment of inventory.