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We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supplychain operations. With a global footprint, CTSI-Global manages $30 billion in freight annually and employs 500 staff across multiple countries.
As the logistics technology sector continues to mature, the number of tools, solutions and platforms that supplychain stakeholders are using (juggling?) Likewise, the use of multiple tools and systems (for now) means effective integration is becoming more and more crucial. are growing too.
One of the key themes that emerged was that forwarders and BCOs especially with the last few particularly volatile years for the industry serving as a catalyst for tech adoption are looking to tech for better visibility and the many and varied benefits that better visibility can provide.
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supplychain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automatedfreight pickups for inbound delivery, automated tracking alerts).
As automation continues to evolve in logistics, two technologies are becoming central to modern delivery methods: autonomous drones and autonomous vehicles. However, each technology serves different purposes within logistics, and the question remains: Which will ultimately shape the industry’s operational structure?
Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
Supplychainvisibility has been top-of-mind for logistics professionals for at least two decades, yet it remains a work-in-progress for many companies. Read more Profiles in Real-Time SupplyChainVisibility Excellence: GEODIS & Tive.
Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. billion in 2024. In Divergent’s case, they raised $230 million.
A research study conducted by The Journal of Commerce and FourKites surveyed hundreds of international shippers, exploring how their usage of global supplychainvisibilitytechnology has evolved since the onset of global disruptions caused by COVID-19.
One reason is that it’s not easy for most manufacturers to have visibility into the process before finished goods are shipped. For years, supplychaintechnology companies have touted real-time shipment visibility, or even promised complete supplychainvisibility, while.
Last year, many in the supplychaintechnology industry were warning companies all over the globe to prepare for the unknown. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supplychain leaders to transform their supplychains to become more agile.
I’ve been an industry analyst for over 20 years and achieving timely and accurate supplychainvisibility has always been — and continues to be — a top priority for companies across all industries. It’s an ongoing challenge because supplychains continue to get more fragmented, more global, and more dynamic.
Eduardo Del Riego, President and CEO of PayCargo, emphasized the significance of this collaboration: “PayCargo is thrilled to support Hapag-Lloyd in collaboration with Gnosis Freight to deliver this ground-breaking solution to the shipping industry. With this portal, Hapag-Lloyd customers in the U.S.
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.
Bowman, SupplyChainBrain Supplychains consist of imperfect humans struggling to make perfect decisions. That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supplychain management today. That’s an especially valuable tool for dealing with today’s ever-changing tariff schemes.
Michael Kornhauser and Joe Lynch discuss technology that matters. Michael is Sector Vice President of Trimble , a global technology company that provides hardware, software, and services to improve efficiency and productivity in industries like construction, agriculture, and transportation.
I’ve written previously about how I founded FourKites in 2014 to help shed light on the vast blind spots that exist throughout our complex and interconnected global supplychains. The post Real-Time Visibility: the Foundation for SupplyChainAutomation appeared first on Logistics Viewpoints.
Barry Conlon and Joe Lynch discuss supplychain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is a dedicated supplychain security professional with more than 30 years of experience within that discipline.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit.
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.
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. We begin by discussing Gnosis Freight, a company that has developed the first Container Lifecycle Management® Platform to simplify the complex process of international shipping.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supplychaintechnology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.
Freight Tech Trends with Mike Mulqueen. Mike Mulqueen and Joe Lynch discuss freight tech trends. Mike is a Partner and Strategy Practice Lead at JBF Consulting a company that integrates a supplychain execution strategy and systems for logistics-intensive companies. Key Takeaways: Freight Tech Trends.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
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]. Marine optimization technologies help address all these issues. from originally 3.5% as of January 1, 2020 [3].
ARC has done research and writing on supplychain collaboration networks. A supplychain collaboration network (SCCN) is a key technology for improved collaboration across an extended supplychain. SCCN solutions provide supplychainvisibility and analytics across an extended supplychain.
Freight Tech Trends with Mike Mulqueen. Mike Mulqueen and Joe Lynch discuss freight tech trends. Mike is a Partner and Strategy Practice Lead at JBF Consulting a company that integrates a supplychain execution strategy and systems for logistics-intensive companies. Key Takeaways: Freight Tech Trends.
Supplychain risk is at the forefront of supplychain executives’ minds. Proper risk management can help supplychains navigate the complexities of post-hurricane recovery and increase productivity. Supplychain black swans occur without warning, and recovery can last months.
As an engineer, former solutions architect and now CEO of a leading supplychaintechnology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. We’re just not meeting customer expectations.
Not having adequate visibility to your shipments, orders, or products is an ongoing challenge for many companies. You may have very good visibility in some areas of your supplychain, but have poor visibility or blind spots in other areas such as transportation. SupplyChainVisibility Gaps.
Kendra Phillips and Joe Lynch discuss taming the supplychain beast. Before joining Aurora, Kendra was fortunate to hold many different roles within Ryder, including Chief Technology Officer and Vice President of New Products. RyderShare, a digital platform designed to improve supplychainvisibility and collaboration.
While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supplychain management is equally responsible for propelling startups to unicorn status. Leveraging emerging technologies gives startups supplychain advantages that legacy players cannot match.
I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychain transformation journey. This technology company is headquartered in Friedrichshafen, Germany. The ZF supplychain is complex. ZF’s Digital SupplyChain.
Trane Technologies Facility in Columbia, SC. Tom France, the vice president of distribution at Trane Technologies, gave an entertaining presentation in early October of this year at a FourKites online conference. Trane Technologies had sales of $12.5 Trane Technologies had sales of $12.5
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. For logistics professionals, understanding how these changes impact freight networks is critical to staying ahead. Government Incentives for Reshoring The U.S.
In the modern supplychain, selecting the right supplychaintechnology and software can make or break company goals. Unfortunately, choosing the right supplychainvisibilitysoftware is even more complicated. Not all supplychainvisibilitysoftware works in the same way.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. This leap in AI capabilities is revolutionizing industries, and AI-driven supplychain management is no exception.
Too often, ERP software is seen as the final answer to any and every distress a business may face. Built to centralize processes, increase productivity and provide end-to-end visibility of your company, why would you ever consider another solution? In order to resolve this issue, many businesses are integrating ERP and TMS software.
Companies can begin to offset their carbon footprint by taking a deeper look at their supplychain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. However, supplychain sustainability can go well beyond these initiatives.
Still, it can be just as disruptive to supplychain performance. Fleet management is a long game — budget cycles, replacement planning, technology roadmaps. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Disruptions in decision-making.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychainvisibility.
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