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AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.
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.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
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.
Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. Read the full Post.
These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” Now Let’s Get to The Supply Chain & Logistics News for the Week! lithium refineries.
on logistics rose in both absolute dollar terms and as a percentage of GDP, and it isn’t likely to go down anytime soon. That was one of the primary conclusions of the annual logisticsreport released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. Not much has changed.”
Shippers face many challenges in successfully delivering products to end-users, and last mile logistics will be a core focus of change in the coming months. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35 Last Mile Logistics Gets Faster Fulfillment. trillion by 2018 as well.
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.
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.
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.
North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freightcosts. billion of freight, up 15.7% billion of freight, up 20.9%
.” There will be some exceptions to the hybrid work model, Jassy said, such as for sales and customer support roles, “but that will be a small minority.” ” And now on to this week’s logistics news. It will be interesting to see if more companies take this approach to changing nature of supply chain analytics.
And now on to this week’s logistics news. Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. The money is coming through the U.S.
Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. What Are the Challenges in Managing E-Commerce Logistics? This is due to the higher rate of returns associated with e-commerce purchases.
And now on to this week’s logistics news. The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 UPS announced Sunday it plans to sell its truckload brokerage business Coyote Logistics to the technology-enabled brokerage RXO for $1.025 billion. This certainly sounds like a lofty goal.
Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind.
Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reportsFreight Waves. Conducting annual procurement exercises. Download eBook.
The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments.
And now on to this week’s logistics news. In many of these incidents, homeowners were reported to have mistaken delivery drivers for intruders due to their cars being unmarked. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months.
The state of the logistics industry is evolving. Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.
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.
As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.
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. Navigating an Increasingly Challenging Logistics Landscape. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. The next step?
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. Background on Ocean Transport.
And now on this week’s logistics news. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. Robots are continuing to become key components in the logistics space. How Shanghai’s lockdown is dampening Port of Oakland volumes. s CargoNet.
By embedding analytics across logistics, sourcing, and fulfillment, businesses gain the visibility and foresight needed to stay competitive.Analytics-driven leadership is no longer a luxury; it’s the foundation of operational survival in todays volatile business environment. Prescriptive analytics tells them what to do about it.
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.
Logistics consolidation will have a resounding effect on the industry in 2019. Logistics consolidation is a fancy way of describing the transition of shipping modes to accommodate available capacity. Improper consideration of backhauls, deadhead, dwell time and spot freight will result in excess freight and unused space.
This architecture deliberately pushes beyond visibility to enable action and automation, ultimately working toward what project44 describes as “self-optimized logistics” through “adaptive, automated actions at scale.” This extensive connectivity has resulted in impressive metrics: 1.2
And now on to this week’s logistics news. Merchants Fleet to purchase 18,000 BrightDrop Electric Vehicles. Port of LA reports another 900,000+ TEU Month, backlog decline. Port of LA reports another 900,000+ TEU Month, backlog decline. As of November 18, the Port of LA reported 36 container vessels at anchor/drifting.
I always find the news round-up exciting to write, as I end up reading more about supply chain and logistics than I would have thought possible. All of us at Logistics Viewpoints would like to thank our readers for continuing to tune in every week. Without our readers and sponsors, Logistics Viewpoints would not be possible.
The concept of automating processes and activities is a major sticking point for supply chain and logistics. Supply chain and logistics automation allow companies to refocus their efforts on tasks requiring human hands, and redundant tasks can be automated through robotics , as well as technologies designed to assist human workers.
E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. In addition, poor web design or lag time could dramatically increase e-commerce logisticscosts by leading to greater instances of cart abandonment or even lackluster customer support. Think about it.
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Ryan, Descartes' CEO.
Most transportation costs in a company arise from inbound logisticscost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics.
And now on to this week’s logistics news. Bank of America sounding the alarm on collapsing freight demand. Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits.
Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . It’s hard to predict what demand will be like for products like these ahead of time. Is ocean freight pricing broken? Shipping containers are like scotch. .
All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. That’s a delta of 5% to 7%.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logisticspredictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor.
We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. 5 Most Popular Freight Blog Posts of 2016.So We display the most popular freight blog posts in the order of #5 to #1. 9 KPIs to Track for Proper Freight Management. We hope you enjoy!
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