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Supply Chain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.
And now on to this week’s logistics news. Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. This certainly sounds like a lofty goal. Tomé, the chief executive officer at UPS, in the release.
” And now on to this week’s logistics news. Gretchen McCarthy, Target’s chief global supply chain & logistics officer, said Target has to keep up with customer expectations — namely getting online purchases conveniently and quickly. The expansion will also grow Target’s workforce. That’s all for this week.
And now on to this week’s logistics news. The series of deals in the US, UK, Sweden, Spain, and Canada will add more than 1.5 In total, the company will source enough renewable energy in Europe to power the equivalent of more than two million homes a year. Coca-Cola Classic remains the number one soft drink in the US.
We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. In many respects, this should be a good time for the logistics industry. And yet, logistics providers are challenged by rising shipper expectations and dropping margins.
Felipe Co-founder and CEO of Loadsmart , where they provide logistics solutions powered by industry experts and next-gen technology that lower costs, increase efficiency, and digitize transportation. The best freight brokers including Loadsmart have evolved from just securing trucks to providing comprehensive logistics solutions.
In other words, last month’s announcement was a stay of execution, not a reprieve, and it’s only a matter of time before Amazon reveal plans for a comprehensive logistics network. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. Amazon’s logistics hiring plans.
The Zaragoza Logistics Center, Zaragoza, Spain, is based in PLAZA, Europe’s largest logistics park, and both organizations benefit from the relationship. The Zaragoza Logistics Center (ZLC), Zaragoza, Spain, is celebrating its 10 th anniversary this week. Subscribe to Frontiers here.
18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
When a disaster such as a flood strikes, the response can be chaotic as various agencies and sources of supply converge on the stricken area. A humanitarian logistics model developed by the Center for Latin American Logistics Innovation (CLI) improves the efficiency of response efforts by taking a holistic view of these operations.
Book Review: Logistics Clusters-Delivering Value and Driving Growth. Recently, Ive found the new book called " Logistics Clusters: Delivering Value and Driving Growth ". Professor Yossi Sheffi is the director and founder of Master of Engineering in Logistics Program at MIT. The Story of Logistics Clusters. "
Moving on to the supply chain and logistics news that caught my attention this week… XPO Logistics to Acquire Norbert Dentressangle SA. Fetch Robotics Unveils Robotics System for Logistics Industry. It serves both B2B and B2C customers in the United Kingdom, Spain and France. You deserve it. Talks on EU-U.S.
Are you sourcing from different countries and facing logistical complexities? Let’s imagine that you are sourcing corn seeds from France and Spain, processing and mixing in Hungary, and delivering to Germany. Is your agriculture business dependent on what nature is giving you? Pressure to deliver.
Nick formed a tight-knit implementation group with business users, and technologists used the backbone of SAP ERP to source master data and transactional flows from SAP and into Orchestr8. Change in logistics cost or production cost based on implementation, for example, accumulates with time. The results accelerated global adoption.
The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. The difference… and the looming carrier threat.
#8 Other: Appliances and Tires Michelin halted production at a factory in Spain due to the shortage of the critical rubber supply needed for manufacturing. based manufacturer and marketer of home appliances, is keeping a vigilant eye on logistics issues in the Red Sea, the Suez Canal, and the broader region.
More shippers today appear to be outsourcing some or all of their logistics. How does a company decide that outsourcing logistics is the right choice? From local truck transportation to global supply chain management systems, from produce sourcing to consulting based on practical experience to outsourcing, C.H. Saudi Arabia.
A research project* at the Zaragoza Logistics Center, Zaragoza, Spain, has developed models for […]. By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital.
Background Many students and practitioners of supply chain management are likely familiar with Spain based fashion clothing retailer Zara and its corporate parent Inditex. Leveraging practices of fast design coupled with localized production sourcing that is able to design and produce products in a matter of days.
It is a field that requires individuals to have technical and excellent problem-solving abilities, which are vital in enhancing efficient logistics operations in different industries. However, you must be enrolled in a bachelor’s degree in transport or any area of logistics.
And now on to this week’s logistics news. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. Unseasonably cold weather in Spain slowed down the growing of peppers, leading to Morrisons limiting purchases to two per customer. That’s all for this week.
A Source of Inspiration In the constant chaos that is supply chains these days, it’s often difficult to find good news. One consistent source of inspiration over the last few years has been the humanitarian work being done by José Andrés. Andrés (now 51), an immigrant from Spain, is best known for his sprawling restaurant empire.
Sourcing domestically might be a better option in this sense because it is easier to work with local producers to reduce lot sizes. By Alejandro Serrano, Professor of Supply Chain Management, Zaragoza Logistics Center , Zaragoza, Spain, aserrano@zlc.edu.es.
Practitioners, students and of supply chain management are likely quite familiar with Spain based fashion clothing retailer Inditex and its various retail brands including Zara. Further reported was the highest profitability performance in a decade in the midst of high inflation and disrupted global transportation and logistics networks.
In power generation, predictive analytics can be deployed to help prevent outages, such as the one that occurred in Spain on April 28. Procurement automation: In supply chain functions, GenAI is being used to draft RFPs, supplier evaluations, and contract summaries, accelerating cycles and improving consistency across sourcing events.
Of added concern, manufacturing powerhouses of France, Germany, Spain and Italy each had contraction level PMI values. The report authors indicated that this was the sharpest decline in production since the initial wave of Covid-19 lockdowns in May 2020. Germany and Italy values were noted as being 25-month lows.
By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP). To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation.
After almost 100 blank sailings in each of January and February, the number of cancellations decreased in March and even fewer are expected in April, according to global logistics company Agility. Ships from countries hard hit by COVID-14, especially Italy and Spain, are being denied entry at some European ports. Ocean Freight.
According to (Namulo, 2017), “E-Procurement is the acquisition of goods, services or works from an external source. E-procurement, which is known as ‘electronic procurement’ or ‘supplier exchange’, is changing the way companies are sourcing their goods and services. Namulo, 2017).
Logistics providers have also been slow to adopt new technology. Here are five major challenges that companies continue to face in their supply chains–and the solutions that will help logistics providers prepare for the future. In fact, Brazil, Spain, and Japan saw the largest increases in online sales during the COVID pandemic.
Together with Consafe Logistics, a supplier of supply chain execution software, Supply Chain Movement has created this Supply Chain Execution Mindmap to outline the route, including road signs indicating potential hazards along the way. >>Please Logistics transparency makes a real contribution within the complex economy.
On May 4, we featured for readers the industry breaking news that Flexport will acquire the logistics the logistics fulfillment operations of online retail platform provider Shopify. The firm is headquartered in Portland, Oregon , with offices in Ashburn, Virginia , Rochester, New York and Barcelona, Spain. based Livent Corp.
The sourcing department is challenged by increasing compliancy issues. The omni-channel business contributes greatly to Logistics headaches, even more because of the huge amounts of returns, frauds and claims. Outsourcing logistics and fulfilment to a full-service provider ensures the expected high customer service by the consumer.
But the world of logistics has not changed radically compared with last year,” says Patrick Haex from Buck Consultants. Logistically speaking the location of this manufacturing facility, which produces the Peugeot 508 and the Citroën C5, makes little sense.” Slight shift in European networks.
The benefits of utilising modern-day FTAs include fewer customs duties, less red tape, access to public tenders, sourcing opportunities, investment opportunities and more transparent business conditions. It lays the foundation for gradual alignment of norms and standards, including on food safety and technical regulations. Saudi Arabia.
Now all of a sudden we have grown from where we were to where we are now, and we can see that if we triple the size of our business again in the next 2–3 years, we’re going to need to have a far easier supply chain, and a far easier source of supply of those ingredients to ensure that we can actually deliver that growth.”
New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. Modest expansion were noted for Spain and Italy while the remainder of Euro countries “ remained mired in contraction.” import needs.
As you’ve heard, massive wildfires have also broken out throughout Europe, accompanying the heat in southern France, parts of Spain, and Portugal — and they’ve lead to mass evacuations and abandoned factories. Assess current / developing vulnerabilities. Then you can work to address these issues as quickly as possible. Encourage innovation.
However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,
The Q2 shortfalls were attributed to the company’s Shanghai production facility as Covid-19 lockdown restrictions that occurred across China ’s major cities during the quarter impacted the country’s manufacturing and logistics services operations. PowerCo will additionally locate a second cell factory in Valencia, Spain.
Source: S&P Global Intelligence and compiled by The Ferrari Consulting and Research Group 2024 Select Regional and Country Highlights Eurozone Manufacturing Contraction Continues The HCOB Eurozone Manufacturing PMI® report for September was headlined with euro area manufacturing activity falling at its steepest pace thus far in 2024.
Of continued concern, manufacturing powerhouses of Germany, Spain and Italy each remain at contraction level PMI values. In the coming days we will scrutinize August global logistics, transportation and recognized volatility indicators to ascertain similar or contrasting indicators. Bob Ferrari.
Reportedly, logistics hubs built in anticipation of a long-lasting boom in e-commerce , manufacturing and other support needs are losing tenants, forcing building owners to slash rents and shorten lease terms. Greece experienced the highest PMI growth in the Euro sector followed by Spain and the Netherlands.
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