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In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.
Freight transportation makes up over 10% of total global carbon emissions. With rapidly increasing freight demand worldwide, it is expected to become the highest-emitting sector by 2050.1 However, logistics managers cannot deliver against todays goals with yesterdays TMS systems.
Pledge provides supply teams and logistics providers (LSPs) with accredited emissions measurement and reporting capabilities. 60% of global emissions originate from supply chains, and eight key industries account for 50% of these emissions, including food, fashion, construction, and freight.
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 supply chains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Today’s escalation of U.S. More than 50% of U.S.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Procurement is another area seeing change.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freightprocurement is Kyle Masters.
Editor’s Note: We love talking about and reporting on technology which effects and also makes the lives’ of manufacturing companies much better. We’ve been providing manufacturing companies and shippers with a web-based transportation management system since 1998, before web-based TMS was as prolific as it is today.
That then allows us to create more of that kind of content so our award winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight.
The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers. The company has more than 2000 suppliers and operates over 30 manufacturing sites. Show us the best way to fix the freight delays!” That frees up the logistics team to go work on even more difficult problems. This is fascinating!
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Some logistics involves transportation or warehouses or both.
Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain professionals must also know how they will be shipping freight. Supply chain professionals must also know how they will be shipping freight. Download white paper.
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. Enter the concept of the “microfactory.”
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.
(Infographic) In recent years, the focus on sustainability has become more crucial than ever, especially within the supply chain of appliance manufacturing. Let’s dive into how sustainability can be woven into the appliance manufacturing supply chain and the strategies that lead to significant carbon emission reductions.
True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. To cultivate true supply chain resiliency, the concept of end-to-end supply chain visibility should not be limited to freight shipment transparency.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
The Emergence of Logistics as Constraint. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Over time, this changed.
These podcasts bring the latest news and thought leadership in the supply chain and logistics industries right to your earbuds. If you’re looking to increase your podcast listening , here are five that highlight topics of interest to supply chain and logistics professionals. 5 supply chain and logistics podcasts.
As logistics networks become increasingly complex, the volume of real-time data generated by devices, equipment, vehicles, and facilities is growing rapidly. Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. from May’s 2.24 reading.
As Director of Operations at Bettaway and Director of Business Development at PalletTrader, Kristina brings energy, creativity, and a drive for results to the world of logistics and supply chain. Founded in 1981, Bettaway has evolved from a local beverage distributor into a comprehensive logistics provider. Bettaway West, Inc.:
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, North Carolina are still not completed. The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins. tallying a staggering $182 billion in damages.
The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Build in-market sourcing. Unrest in Sudan. What is normalcy?
And now on to this week’s logistics news. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights.
And now on to this week’s logistics news. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021.
Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.
The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.
Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation. Automate, automate, automate – This is not a new idea or trend.
And now on to this week’s logistics news. Logistics operators added jobs in January, though employment was down over the previous 12 months as companies continue to grapple with a downturn in the goods-moving economy. The growth in logistics hiring came as the broader U.S. The growth in logistics hiring came as the broader U.S.
Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai
And now on to this week’s logistics news. Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The company is selling Coyote for $775 million less than the purchase price. billion in 2015.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. trade with Asia.
This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act. Here are a few of them: 1. In 2018, the U.S.
Driven by omni-channel growth and multinational expansion, the global logistics industry is booming — and it’s expected to reach $18 trillion in value by 2030. Given today’s demand volatility and economic uncertainty, companies are wise to approach any internal logistics expansion plans with extreme caution.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
And now on to this week’s logistics news. As a first of its kind agreement in the US, FedEx Express will develop plans to test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations, moving shipments between sortation locations. Amazon workers in Staten Island vote to unionize.
The law will apply to tickets purchased in Minnesota or other states for concerts or other live events held in Minnesota. And now on to this week’s logistics news. Robotic arms Robin and Sparrow were designed and manufactured at its Robotics Innovation Hub near Boston and help sort customer orders.
However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.
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