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The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . This is now becoming a global trend. Logistics Trends

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Technology Trends and Selection Considerations For Yard Management Systems

PINC

As part of this trend, more of those organizations are turning to technology to help them run their yards efficiently and safely. De Muynck and Tunstall blame this on an “overfocus” on warehouse and transportation management processes, priorities, and systems.

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Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here are the top trucking trends that all shippers should be aware of, according to The American Transportation Research Institute. Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. expansion in the first quarter, which mostly was buoyed by lower imports and higher inventories< , JOC reports. Terrill Transportation Inc. logistics supply chain transportation

2016 Trends in Logistics

PLS Logistics

As the New Year approaches, the logistics industry can look forward to advances. Logistics operations have changed dramatically in the last few years and 2016 will bring even more changes. Here are some trends you can expect in 2016: Real-time inventory management. Transportation 3PL Supply ChainNew technology continues to develop, supply chains will be even more influenced by consumers, and shipping costs will increase.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

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. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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Trending Transportation News: February 2016

PLS Logistics

Retailers aren’t traditionally set up for real-time inventory and customer fulfillment. Logistics Transportation Supply Chain NewsNon-Manufacturing Grows for 72 nd Straight Month. The Institute for Supply Management (ISM) reported that non-manufacturing activity continues to point towards growth.

Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations

Cerasis

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. The post Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations appeared first on Transportation Management Company | Cerasis. Inbound Freight Trends Inbound Freight Trends

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why

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5 Third Party Logistics Trends in 2015

PLS Logistics

Here’s an overview of the top trends we saw from 3PLs in 2015: Implementing New Services. 3PLs work with shippers to implement improved reverse logistics strategies, find capacity and provide fulfillment solutions. These services are typically designed through advanced transportation management systems (TMS) for detailed product tracking, inventory management and historical data analysis. 3PL Supply Chain Technology Transportation Solutions

Inventory Management

LeanCor

Whether we like it or not, logisticians are staring two trends in the face: the increase of e-commerce and the desire to receive online orders in our hands right now. Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. This requires us to push the boundaries of current inventory management practices, or hold lots of inventory network-wide.

Logistics Trends Part 2

BluJay Solutions

First Trend: Yield Dilution. One of the longest term trends in the industry has been dilution of yields, which means that forwarders have to work harder to maintain their revenues. A key driver behind this trend was the economic downturn, which prompted shippers to look at ways to de-cost their supply chains whilst still maintaining their efficiency. Second Trend: Relationship with global trade. The post Logistics Trends Part 2 appeared first on Kewill Inc.

11 Inventory Management Best Practices

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Use ABC Analysis to Categorize Your Inventory. Recognize the Relationship Between Sales and Inventory.

Editor’s Choice: Retailers: Is Your Transportation Strategy Ready for Peak Season?

Logistics Viewpoints

The post Editor’s Choice: Retailers: Is Your Transportation Strategy Ready for Peak Season? appeared first on Logistics Viewpoints. Inventory Management Logistics Trends Omni-channel logistics Retail Transportation Management Systems COVID-19 peak seasonNote: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice.

Trends & Strategies in Logistics and SCM

Supply Chain Movement

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows. They are based on 1757 responses collected in an international survey from supply chain executives (including logistics service providers (LSPs), retailers, and manufacturing companies).

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward. But this assumes that the factors behind those trends will remain the same, which is often a false assumption. The Case for Competing on Logistics Talent.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

7 Distribution Technology Trends Worth Discussing

Cerasis

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. Value-added services have also taken on a technology-like role as more companies want to use a comprehensive transportation management system (TMS) to thorough document and optimize their processes.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article.

For 3PLs, New Market Trends = New Opportunities

The Network Effect

Big opportunities lie ahead for today’s third-party logistics providers (3PLs). These new opportunities (and challenges, too) are a result of evolving market trends such as omnichannel and personalization. In turn, these market trends drive today’s supply chain trends (think: cloud computing or speed of delivery). All of these trends are affecting how 3PLs and shippers work and function. Logistics transportation

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Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

Cerasis

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past.

Transportation, Planning, and Omni-Channel Fulfillment

Talking Logistics

But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought. Even more surprising, 31 percent have no transportation optimization capabilities, or use only faxes and phone calls for this purpose.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. The rationale behind this transition is simple; digitalization is the new trend for logistics.

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Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Gaining end-to-end visibility across your transportation processes delivers: $32.00 in Labor Savings Per Shipment: Automated booking improves productivity and quality of logistics team’s activities.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

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. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management. What is the future of digitization as it relates to inventory management. How To Shift From Tactical To Strategic Logistics.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

Trend #1: Customers Buying Experience Not Products. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. We have suppliers that provide the inventory to select warehouses and these warehouses supply customers at the appropriate time and place. However, today considering inventory across the supply chain (at suppliers, in-transit, at customers, with 3PL partners) needs to be much more dynamic.

Top Talking Logistics Posts & Episodes (Q1 2019)

Talking Logistics

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement. Even our most popular post, which dealt with excess inventory and yard management, had a transportation bent to it. Excess Inventory?

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Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturing Business Technology recently wrote the 5 e-commerce trends for 2016 for manufacturers to look at that include: Manufacturers will seek to increase their share of aftermarket parts sales. Manufacturing manufacturing trends

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E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. E-Commerce Is Spurring Record Growth in Logistics E-commerce has made it impossible to meet the status quo with traditional technologies, and still, some shippers have not yet implemented e-commerce and TMS solutions.

This Week in Logistics News (October 17-21, 2016)

Talking Logistics

Our Logistics Leaders for T1D Cure Team (LL4T1DCure) raised just under $43,000 for the cause! Moving on, here’s this week’s supply chain and logistics news that caught my attention: IBM, Walmart, university to put Chinese food products on blockchain (Reuters). Cloud Logistics and project44 Team to Enhance Same Day TMS Projects and More. R2 Freight & Logistics, Inc. Acquires IDS Transportation Services, LLC. How was the JDRF Death Valley Ride ?

7 Supply Chain and Logistics Trends to Watch in 2018

Logistics Bureau

It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. It’s also the time when I start to think about sharing my thoughts on trends for the coming year , but of course, stop short of trying to make predictions. The 7 Trends for Supply Chain Pros to Watch in 2018.

Social Networking, TMS, and Mega Trends: My CSCMP Conference Agenda

Talking Logistics

It’s is one of the best conferences in the supply chain and logistics industry to learn and network. Below are the sessions that I am participating in focused on social networking, transportation management systems, and “mega” supply chain trends. It’s best to come prepared, so here are some links to blog postings and Talking Logistics episodes related to the session topics. Robots and the Future of Retail and Logistics Jobs.