This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
And now on to this week’s logistics news. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items. The post This Week in Logistics News (July 6 – 12) appeared first on Logistics Viewpoints. That’s all for this week.
Due to this awareness, freight sourcing is receiving increased interest from shippers. But freight sourcing has limitations as it has been done for the past four decades. To gain a competitive advantage, savvy supply chain professionals are digitizing their processes, from the very beginning, freight sourcing.
As shippers of all sizes expand their globalsourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? “It Then post a question or comment and keep the conversation going!
As the logistics market continues to create supply chain disruption, shippers are looking for consultative support and solutions to help maintain a competitive advantage. Creating trucking efficiency through transportation management optimization is an essential part of supply chain management and network navigation.
I discussed the risks and complexities of international transportation in a recent episode of Talking Logistics with Russ Romine, VP of GlobalTransportation Services at LEGACY Supply Chain Services (a Talking Logistics sponsor). Here’s what he said: It starts with sourcing.
Two major shifts are changing the face of globaltransportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of globaltransportation management is broadening and expanding well beyond the traditional TMS scope.
For the past year, I’ve been arguing that logistics — and same-day fulfillment, in particular — is becoming a strategic weapon for companies. For related commentary on this topic, read these Talking Logistics posts: Debunking the Myths of Same-Day Delivery (Or What Amazon Learned from a 90-Year-Old Distributor).
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportationsourcing. Freight is unique. Relationships matter.
There are 4 fundamental areas where globaltransportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. It is an important part of an effective and efficient global supply chain.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Global TMS – a key element in managing global supply chain complexity. Global supply chains are highly complex…even the simple ones. Let me qualify that statement.
With globaltransportation costs climbing and carrier networks becoming more complex, transportation spend management has become a strategic priority — not just a back-office function. Inconsistency Across Sources Carriers may use different naming conventions, billing formats, or rate structures.
These rapid changes are creating uncertainty for logistics professionals, procurement teams, and trade compliance experts who now must monitor updates almost daily. Tariff Volatility: The Ripple Effects on Transportation and Logistics Immediate Cost Impacts With duty rates rising, total landed costs are increasing fast.
One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail globallogistics & supply chain professionals and information to be found assembled all in one place. Click here to review the balance of this post on the RILA Checkout Blog !
As the logistics industry remains fragmented, riddled with data silos , low-transparency, and archaic manual processes, blockchain within the supply chain can empower this revolution towards digital collaboration. from the global economy by 2022. Source ] Blockchain can help mitigate these losses and their associated disputes.
With this latest Gartner Magic Quadrant for Transportation Management System, Blue Yonder remains one of only two companies recognized as a Leader in the three Gartner Magic Quadrant reports 3 covering Supply Chain Planning, Transportation Management Systems, and Warehouse Management Systems.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design. So what can we learn?
“Logistics in Motion” was the theme of Descartes’ Evolution 2016 Global User & Partner Conference , and it adequately describes the dynamic nature of the logistics industry as well as the company. TM+ should enable both planning, execution, & performance management.
This complexity is certainly evident in globallogistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.
In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping.
Any Logistics Manager or 3PL manager has gotta be impressed. The most significant role of a control tower is to provide a live view into the vitality of the complete chain, across many functions – manufacturing, inventory, demand planning, logistics, customs clearance, etc. Control towers and logistics.
For example, BPO (Business Process Outsourcing) in logistics, manufacturing, IT and HR requires an organisation to not only know how to procure or acquire an external solution through cross-functional effort, but also be able to manage vendor performance and ensure the value of the outsourcing solution is sustainable.
As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Global TMS – a key element in managing global supply chain complexity. Global supply chains are highly complex…even the simple ones. Let me qualify that statement.
Global freight management success will be contingent on businesses understanding the people, processes, and system integrations needed to compete in the global marketplace. When tasked with improving global freight process management, keeping the following tips in mind will be key. Two issues make this more challenging.
For those of us in the fresh produce , logistics, retail, and foodservice industries, the holidays are also synonymous with spikes in demand for seasonal produce, like sweet potatoes, asparagus , cranberries, green beans, and oranges. Source: C.H. A Visual Look at a Last Mile Program. During his tenure with C.H.
Author’s Note: I was completely unplugged on vacation last week, so it wasn’t until I returned to the office on Monday that I learned Infor is acquiring GT Nexus (a Talking Logistics sponsor). Brooks Brothers: “SAP is our internal ERP system, @GTNexus is our external (supply chain) ERP system” #Bridges2015 #logistics #SCM.
Changing customer expectations, globaltransportation disruptions, labor shortages, and climate change are just a few ongoing challenges faced by the industry. To succeed in today’s business environment, planning and logistics teams need to make decisions faster. They need to collaborate with more partners.
” However, staff members at Material Handling & Logistics (MH&L) provide support for Mortson’s assertion. … Digitizing your global supply chains empowers your planning, sourcing and logistics teams to collaborate, automate and effectively leverage analytics.”[6] 6] Gary M.
This is an example of what one of our valued customers is saying about our solution: “We first implemented Blue Yonder’s transportation management platform in 2006. The logistics landscape has changed significantly since then, but Blue Yonder’s capabilities have evolved along with it.
Prior to the pandemic, supply chains were already growing in complexity due to increased globalization, data sources, and customer demands. If they weren’t already aware, your company’s leaders now clearly understand how critical the logistics and supply chain operations are to the bottom line and success of the organization.
To find savings, you’ll want to work with an experienced globaltransportation post audit services provider. A professional team will pore over your transportation activity to identify and recoup overpayments and overbillings. During an economic downturn, sourcing specialty parts could get tricky. Stay in Communication.
Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. A similar acknowledgement came from the CEO of global shipping and logistics services firm A.P.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
The year featured continual component shortfalls, explosive inbound materials cost increases and continuous globaltransportation disruptions. By Q4, major European manufacturers were exploring alternative sources to produce energy-intensive products such as chemicals and fertilizers, with the U.S. Current Year 2022.
The premise of this advisory is that supply chain leaders need to embrace geopolitical supply network strategies to better support global-wide business objectives. It is a process that should address likely sources and frequency of product demand globally, regionally, and domestic in-nature.
The Influence of IoT: How it’s Transforming GlobalLogistics|Transportfolio. More specifically, it’s impacting the logistics world and global supply chains. Read the press release or connect with one of our logistics experts. However, the influence of the IoT goes far beyond that.
As shippers of all sizes expand their globalsourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? Live Episode: Thursday, February 25, 2016 at 12:00 pm ET.
In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. Mid-Year GlobalTransportation Assessment.
The aerospace industry plays a critical role in globaltransportation, defense, and economic growth. It underpins the globaltransportation network, enabling the movement of people and goods across vast distances. The rise of urban air mobility (UAM) is set to transform the aerospace landscape.
Leveraging practices of fast design coupled with localized production sourcing that is able to design and produce products in a matter of days. In that year, the fast fashion retailer had the highest profitability performance in a decade in the midst of high inflation and disrupted globaltransportation and logistics networks.
About Tim Higham Tim Higham is a leading visionary in the logistics and transportation field, running the highly successful InMotion Global, Inc. in 1998, he turned to the transportation and logistics field, merging “old school” thinking with “new school” technology. AscendTMS).
According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. Globally, they stood at $4.8 Kuehne + Nagel, a globaltransport company based in Europe, recently upgraded their fleet for pharmaceutical deliveries. For comparison, in 2016, diesel fuel prices were just US $2.14
The second half of the year has traditionally been the busiest period in material, transportation and logistics flows. Supply chain logistics B2B platform provider project44 produces a series termed Supply Chain Insights by project44 which extracts select data from the provider’s tracking of globaltransportation and logistics flows.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content