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Taiwan-based tech company Foxconn has acquired the Fairbanks Logistics Park, an industrial property situated on 100 acres in northwest Houston. The Fairbanks Logistics Park facility will create 600 direct jobs and have an estimated economic impact of $920 million. Foxconn has not publicly commented on the facility in Houston.
” According to the latest Global Port Tracker report , a collaborative effort by the National Retail Federation (NRF) and maritime consultancy Hackett Associates, we’re about to see a significant surge in U.S.-bound ports, including Los Angeles/Long Beach, New York/New Jersey, Houston, and Savannah, among others.
I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. UPS Expands Logistics Reach To Meet Emerging Demand In China.
While putting myself through school, I got a part-time job at JFK airport which opened my eyes to logistics. Right out of college, I worked at a logistics company in Atlanta. Then, after a short spell in New Orleans, I moved to Houston to work with supply chain in oil and gas. If you live in Houston, you know who it is.
Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. MercuryGate Launches Global, Omni-modal Freight Procurement Solution.
The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. There is no question that the oil and gas sector is under a huge amount of pressure to drive cost savings.
Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. Marc Tuinier.
Early data shows that most supply managers believe that Hurricane Harvey, which caused widespread destruction in south Texas and the closure of the Port of Houston, will impact supply chains in coming months. In other circumstances, parties may lack any contract and rely upon purchase orders or other short forms of documentation.
Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. Levinson reports, McLean’s innovation was first demonstrated on 26 April 1956. And stakeholders must carry-out their performance on finite dancefloor. Now, it takes nine. ”[5].
A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. The number was down from 40% last year and 44% the year before.
There’s no question that innovative technologies aid in logistics and supply chain management, but when it comes to the many labor-intensive processes that take place in the warehouse, some fear that robots could make human warehouse workers obsolete. But what does that mean for industry employment? It also points to smarter use.
And now on to this week’s logistics news. Körber , an international technology group, has signed an agreement to purchase enVista’s platform of Enspire Commerce omnichannel solutions, including its order management system (OMS), and its freight audit and payment (FAP) service. We will have to wait and see. percent gain in April.
And now on to this week’s logistics news. XPO Logistics to spin off freight brokerage. CEVA Logistics using self-driving trucks to move freight. Walmart announced this week that it has become Canada’s first major retailer to offer carbon-neutral last-mile delivery for e-commerce purchases, including online grocery.
For some vineyards, they rely on specific barrels to give their wine its signature flavor; but reports are circulating that delays of 6 to 8 months are the norm for these barrels today. And now on to this week’s logistics news. The post This Week in Logistics News (October 30 – November 5) appeared first on Logistics Viewpoints.
My imagination goes wild when I see new forms of analytics. Recently, I presented at the Informs Analytics Conference in Houston and challenged companies to “ think out of the box” and define outside-in processes in Supply Chain Planning. Tackling Procurement. Direct material purchasing starts with quality.
According to Jeff Starecheski, Vice President Logistics Services at Sears Holdings, “Customer service is of paramount importance to Sears Holdings, our members and customers. The service will begin in Los Angeles and New York on November 17, with plans to expand it to Dallas, New Orleans, Houston, Phoenix, and other cities next year.
A cold spring in the Northeast that delayed seasonal purchases. Devastating hurricanes in Houston and Florida, and the ongoing recovery efforts that will tie up capacity. The faster-growing economy means more goods being shipped, further restraining capacity. Deploy new technology to help find capacity.
And now on to this week’s logistics news. Domino’s pizzas now delivered with autonomous cars in Houston. The company is now partnering with Nuro in Houston to make robocar deliveries. For now, the robocar delivery option is only available in the vicinity of a single pizza shop in the Houston area.
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