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In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. This includes: Increasing domestic supplychain investments, reducing dependence on cross-border components.
The adoption of AI in supplychain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Is your business facing rapid growth, supplychain disruptions and/or unpredictable customer demand? If so, optimizing your inventory management strategy can be a game-changer. This method offers a solution to various inventory and shipping challenges for businesses just like yours.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. Building a resilient supplychain isn't just a best practice anymore — it's a business imperative. Understanding where your supplychain is most exposed is the first step in building supplychain resiliency.
Hosted at the Gaylord in Nashville the week harnessed the theme of machine speed and precision across connectedsupply chain processes. Supplychain modernization must occur in todays digital-centric world. The past approach of limited, incremental improvements is not sufficient for today’s supplychain needs.
The global supplychain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. More and more large U.S.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
What is Demand Forecasting in SupplyChain Management? Demand forecasting in supplychain management is the process of predicting customer demand, supply trends, and pricing fluctuations. To help you stay ahead, here are four strategies that supplychains leaders are using to win at demand forecasting.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. Freight Rates 2019-2021.
What’s the Difference Between Freight Management and Logistics Management? In today’s world, where globalization and international trade play an increasingly important role, efficient freight management is becoming a key aspect of success for many companies. The post How Do Companies Manage Their Freight?
Download Executive Summary SupplyChain Management Market Opportunity Wheres the opportunity in global SCM? Download Executive Summary SupplyChain Planning Smarter planning starts here. Explore trends in demand sensing, S&OP, and the evolving tech stack of supplychain planning. Start with a summary.
OTR freight represents a long-standing aspect of supplychain operations and transportation management. M odern transportation networks and supplychains continuously adapt to market volatility and transitions. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global SupplyChains for some SMBs Judah Levine July 24, 2024 Since early May, supplychains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.
Any discussion on supplychain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supplychain disruption. Market Volatility Continues to Undermine SupplyChain Risk Management.
Disruption has been the name of the game for more than a year as supplychain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supplychain volatility.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supplychain resilience? What is SupplyChain Resilience? 2020 Was A Year Of SupplyChain Disruption.
First, in the early 2000s, advancements in data analytics, RFID, and localized supplychains fueled the rise of “fast fashion.” With the growth of these sites and the rise of micro-trends driving consumerism, the fashion supplychain is rapidly evolving, leaving behind significant environmental challenges for future generations.
Supplychain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supplychain fraud. One issue that does not get talked about as much, however, is supplychain fraud. What exactly do I mean by supplychain fraud?
Risk permeates supplychains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supplychain management, but supplychain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks.
Supplychain and logistics teams today face a pivotal moment in their evolution. We are witnessing nothing short of a reinvention of what it means to excel in supplychain management: respond well to every disruptive event and find ways to move ahead of the competition in an increasingly complex marketplace.
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. It allows operators across the supplychain to track vessels at every point in the journey. from originally 3.5%
The SVP of SupplyChain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supplychain and omnichannel strategy at a high level. Mr. Guggina talked about how Walmart is approaching their supplychain transformation.
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry. These are the companies and leaders that aren’t letting a good downturn go to waste.
Supporting hypergrowth while reducing supplychain logistics emissions is not an easy feat. IT hardware is non-standard freight, meaning it is difficult to move due to its size and sensitivity. The post Microsoft Is Using The Coupa SupplyChain Design Tool to Reduce Carbon Emissions appeared first on Logistics Viewpoints.
Blind shipping is a strategic method of drop shipping where the supplier's identity is concealed, and products are shipped directly from the supplier to the customer, maintaining confidentiality along your supplychain. Exceptional customer support Blind shipping requires expertise and support at every stage of your supplychain.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
Supplychain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supplychain disruptions.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Join 60,000+ supplychain experts who never miss an issue!
With the introduction of digital supplychains, the industry is moving into an era arguably on par with the industrial revolution. To deliver business transformation, the gap between company goals and digital supplychain strategy needs to close. Excess and obsolete inventory. Poor customer service levels.
Jason Murray and Joe Lynch discuss modernizing the ecommerce supplychain. Jason is Co-founder and CEO of Shipium , a technology-driven supplychain and logistics company that helps ecommerce companies deliver their orders fast, free, and on-time.
Kristina is the Director of Operations at Bettaway, a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. About Bettaway Bettaway is a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey.
The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Strategic Partnerships With Suppliers Will Dominate the Industry With the coronavirus well entrenched in supplychain disruption,read More.
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Christmas Background Navigating Peak Season in the SupplyChain As the festive season approaches, its essential to shift focus from the personal impact of Christmas to the professional pressures it imposes on industries. Supplier and Retailer Collaboration Peak season success hinges on effective collaboration across the supplychain.
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering?
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? And it can be fixed.
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation. Digital supplychain transformation will accelerate.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? However, identifying and addressing slow-moving and obsolete inventory is necessary to prevent capital from being tied up in unproductive assets.
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