Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. A supply chain blockchain application, therefore, could be used to record the balances and transfers of inventory across a distributed supply chain network.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy.

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Inventory Management

LeanCor

Companies like Amazon are partnering with the United States Postal Service (USPS) for Sunday Deliveries and testing same-day delivery in major cities, while companies like FedEx and UPS already market same-day delivery capabilities. Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy.

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS.

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.

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

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. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. The Case for Competing on Logistics Talent.

6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

Cerasis

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Many different factors have been previously discussed on specific details of selecting a 3PL , but have you truly learned how to identify the top-notch 3rd Party Logistics Companies from the fly-by-night, intermediary 3rd Party Logistics Companies?

5 Best Logistics Books for Beginners

Supply Chain Opz

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself. Journal of Business Logistics, 38(1), 35-54.

This Week in Logistics News (January 5-9, 2015)

Talking Logistics

Uber’s Latest Experiment Is Uber Cargo, A Logistics Service In Hong Kong. ABF Logistics Acquires Smart Lines Transportation Group. With PMA and ILWU turning to federal mediation, eventual outcome is far from certain (Logistics Management). One day, we’ll drop the omni-channel term and just call it retailing again, but in the meantime, expect plenty of news from supply chain and logistics software vendors next week promoting their omni-channel solutions.

Can robots help you manage inventory better?

PINC

In the United States, 250,000 manufacturing plants and warehouses support the activities of 4 million retail stores and ecommerce websites – And all of these operations carry inventory. But in the warehouses, less than 10 percent are using automated storage and retrieval systems (AS/RS) to manage and move their inventories. inventory robotics Logistics Viewpoints warehouse drones

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Pitney Bowes Expands Cross-Border Ecommerce Capabilities with the Acquisition of Borderfree. XPO Logistics Announces First Quarter 2015 Results. According to the press release: Borderfree provides cross-border ecommerce solutions through a proprietary technology and services platform that enables retailers in the United States and United Kingdom to transact with consumers around the world.

This Week in Logistics News (April 28 – May 2, 2014)

Talking Logistics

XPO Logistics Announces First Quarter 2014 Results. DOT Secretary Foxx sends transportation bill to Congress (Logistics Management). JDA held its annual user conference this week, where it announced its Distribution-Centric Supply Chain Suite, “an integrated set of cloud-based best-of-breed supply chain planning and execution solutions that holistically and iteratively solve inventory planning, replenishment and order fulfillment challenges.”

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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Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

At SCI Logistics in addition to fulfilling millions of e-commerce orders on an annual basis, we also spend a significant amount of time studying the optimal methods of helping our customers serve consumers in Canada. This is simply a reflection of blunt reality, before any firm can even think of accomplishing a full Matrix Commerce implementation, they and their organizations will have to master and implement the basics of Omni-Commerce logistics.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014. Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. Holy See (Vatican City State). Micronesia, Federated States of. Tanzania, United Republic of. United Arab Emirates. United Kingdom. United States.

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Mindmap for Global Logistics Integration

Supply Chain Movement

To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration. Supply Chain Movement and software vendor Eyefreight have therefore developed this mindmap for Global Logistics Integration, outlining the route to achievement and providing road signs to flag potential hazards along the way. >>Please Mindmap for Global Logistics Integration. Holy See (Vatican City State).

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

As the lyrics to today’s Song of the Week state, “we close our eyes and the world has turned around again.”. 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. McLeod Software Unveils New Business Process Automation Solutions for Logistics Companies.

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Smart Mobility Projects: Shaping the Future of Logistics

TMC

Groundbreaking approaches to logistics management are being developed in urban centers around the world. Department of Transportation (DOT) projects that freight volumes in the United States will increase by more than 40% over the next 30 years. Mid-sized cities are expected to grow three times faster than the rest of the country over the next three decades, adding to the pressure to develop better ways to manage logistic flows. Get ready for smart logistics.

Top Logistics Articles of 2015

Cerasis

We continue our top articles from each of our main 5 categories today by covering the top 10 logistics articles that were the most viewed in 2015. We write to five main categories on the Cerasis blog: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Top Logistics Articles of 2015. Here are the top 10 logistics articles from the Cerasis blog with the 10th most read to the most read published in 2015. Logistics

Supply Chain: The True Game of Risk

Supply Chain Shaman

When I was a small child growing up in the mountains of West Virginia in the United States, on snowy days, my family would gather around the kitchen table and play board games. The value network of suppliers and logistics providers is largely managed by spreadsheets and email with no system of record for interactions. It also can be material affecting performance to the degree that it must be declared, or stated, on the financial balance sheet in corporate reporting.

Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

This is simply a reflection of blunt reality, before any firm can even think of accomplishing a full Matrix Commerce implementation, they and their organizations will have to master and implement the basics of Omni-Commerce logistics. To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. So what is the correct answer when it comes to your omni-commerce logistics strategy?

This Week in Logistics News (June 3-7, 2013)

Talking Logistics

percent for non-contractual shipments in the United States, Canada and Mexico. New functionality added to OzLINK Mobile – Customers can seamlessly manage work orders on mobile bar code scanners, managing inventory, assemblies, and kits. . Amazon is reportedly planning to expand its online grocery business, AmazonFresh, into 20 new urban areas in 2014, including some outside the United States. Note: 3Gtms and Descartes are Logistics Viewpoints sponsors.

This Week in Logistics News (January 4-8, 2016)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. Here in the United States, FedEx experienced significant delays again this year , with many employees volunteering to work on Christmas to deliver delayed packages. Another example of how transportation technology and managed services are merging: Transervice Logistics Inc.

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5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and logistics industries.

Smart Mobility Projects: Shaping the Future of Logistics

TMC

Groundbreaking approaches to logistics management are being developed in urban centers around the world. Department of Transportation (DOT) projects that freight volumes in the United States will increase by more than 40% over the next 30 years. Mid-sized cities are expected to grow three times faster than the rest of the country over the next three decades, adding to the pressure to develop better ways to manage logistic flows. Get ready for smart logistics.

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. Inventory management. Inventory levels. Total logistics cost. The most common cause is a state of confusion about what really constitutes a KPI. Supply Chain KPIs are Essential – The Right Ones!

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This Week in Logistics News (February 22-26, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, so let’s go straight to the items that caught my attention: Same-Day Delivery Startup Deliv Gets Funding Boost From UPS (WSJ – sub. XPO Logistics Announces Fourth Quarter and Full Year 2015 Results. As reported by Reuters : President Barack Obama signed a bill on Wednesday barring the import of goods produced by forced labor from entering the United States, throwing the weight of the U.S.

This Week in Logistics News (November 11-15, 2013)

Talking Logistics

According to Jeff Starecheski, Vice President Logistics Services at Sears Holdings, “Customer service is of paramount importance to Sears Holdings, our members and customers. ” Also this week, news that Amazon and the United States Postal Service (USPS) have partnered to deliver packages to customers on Sundays. Note: Descartes is a Talking Logistics sponsor. Lots of interesting news to discuss today, so let’s go straight to it.

The Changing Landscape of Real Estate in the Logistics Industry

Logistics Bureau

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres. Real Estate in the Logistics Industry: A Changing Landscape. If that trend continues, their growth in logistics could be even more remarkable.

This Week in Logistics News (December 9-13, 2013)

Talking Logistics

XPO Logistics Agrees to Acquire NLM. I’m guessing, however, that many supply chain and logistics software vendors (and probably many 3PLs too) rushed to their phones yesterday to call Home Depot’s SVP of Supply Chain Management in hopes of getting a piece of that $300 million pie. The article states that “about a third of all retailers use brick-and-mortar stores as fulfillment centers for online orders; another 26% plan to do so soon.” Same-day delivery (or is it shipping?)

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Holidays Offer Unique Challenges for Cold Chain Logistics

CH Robinson Transportfolio

Over the holidays, nearly 165 million consumers across the United States will buy food and beverages to celebrate the season. These, combined with holiday deadlines, present unique challenges for the logistics industry. Robinson) and I sat down with Talking Logistics host Adrian Gonzalez to discuss consumer shopping trends and expectations as we approach the holidays and how that impacts temperature controlled shipping and logistics.

Black Friday: An Impossible Feat without Logistics

CH Robinson Transportfolio

So as we embark on Black Friday and the ensuing holiday shopping season, let’s take a moment to look at what really makes it all possible: Logistics. The average transit time via an ocean container from Asia to the United States is anywhere from 2 to 4 weeks. Supply chain professionals spend months analyzing data and build inventories in the early fall to handle the purchasing surge.

Supply Chain Basics with Jason Miller

The Logistics of Logistics

Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. Logistics.