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Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
Last week I attended the annual National Retail Federation (NRF) Big Show in NewYork City. This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
I suspect many of you have taken today off from work, as I have (I’m on my way to Ithaca, NewYork for my son’s graduation from Cornell), so I’ll make it quick and simple this morning. Here’s the supplychain and logistics news that caught my.
The global supplychain is undergoing a significant transformation, marked by tariffs, rising trade restrictions and evolving technologies. A digital twin is a virtual model that can replicate a supplychain. Let me find new routes, newsupplychain sources, new ideas.
SupplyChain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supplychain and sustainability. Now to the SupplyChain & Logistics News of the Week! Department of Energy.
The marijuana supplychain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, from a purely supplychain standpoint, the marijuana market strikes a similar delicate balance to other perishables.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit. In the U.S.,
Subscribe Building Your Dream Space: How Shipping Containers are Revolutionizing Architecture! Have you ever had a latte served from a repurposed shipping container in the heart of Times Square? NewYork City, long known for its towering skyscrapers and iconic coffee culture, is undergoing a subtle but bold transformation.
Nine out of ten supplychains are stuck. The secret to unsticking the supplychain is to redesign processes to be outside-in. The supplychain processes need to be designed from the market back. Supplychain leaders are fluent in the language of supply. New Terms to Know.
This week, I will speak at Llamasoft’s conference on improving supplychain network design. One of the reports that I am writing is on the state of SupplyChain Planning (SCP). In the recent study of the Voice of the SupplyChain Leader , we find that the gaps are large, and growing.
The marijuana supplychain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, from a purely supplychain standpoint, the marijuana market strikes a similar delicate balance to other perishables.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
The Container Payment Portal will serve as the primary interface for Hapag-Lloyd customers to manage compliance with the Ocean Shipping Reform Act of 2022 (OSRA) and facilitate the payment of import line demurrage charges for U.S. imports from any country. “InMay 2024, revisions to demurrage and detention rules made by the U.S.
This morning, the NewYork Times pushed me an article by Peter S. Goodman titled “ The SupplyChain, Reconfigured.” ” His narrative centers on the evolution of the global supplychain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues.
Will the supplychain ever catch a break? While the industry continues to be rocked by world events, uncertainty has become the new normal. With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash.
Using Qualle’s technology, supplychains run more effectively, more efficiently, and less greenhouse gases are released into the atmosphere. After gaining vital international experience in manufacturing and transpacific shipping, he took on a variety of roles back in the U.S.
To harken back to the day of bringing about positivity in a time of despair, Godiva will be bringing a pink truck back to NewYork. The pink Godiva truck will make its way around NewYork to “offer wonder and optimism to its residents following a difficult and unprecedented year.” US trade deficit dips to $68.9
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5
Is this true for the supplychain industry? What seems to be clear by now is that the COVID-19 pandemic has laid bare the vulnerabilities and risks of today’s global supplychain networks. This is also true for states and research institutes through advanced supplychain design and management expertise and capabilities.
Outlines New Developments in Omnichannel Strategy and Technology. Amazon Same-Day Delivery Selection Grows in NewYork (Re/Code). billion of merchandise will be ordered via same-day delivery (a 5-year CAGR of 154 percent), generating a little over $1 billion in shipping fees. Uber Corner Store. Source: [link].
And now on to this week’s logistics news. and Israeli startups focused on logistics, the supplychain and customer fulfillment. and Israeli startups focused on logistics, the supplychain and customer fulfillment. Average worldwide costs of shipping a 40-foot container rose 23% in the week through Jan.
In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas.
Founded in 2017, GoBolt (formerly Bolt Logistics) is a technology company building the first sustainable and first-party supplychain network that partners with merchants to deliver a complete end-to-end customer experience. About GoBolt. GoBolt will soon open locations in Dallas, Austin, and Atlanta.
Over her career she has worked with The American Booksellers Association, The American Gaming Association, The Vision Council, The NewYork State Restaurant Association and the National Indian Gaming Association and the National Grocer’s Association to name a few. Tusk save Shippers 40% or more on small parcel shipping.
As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supplychain. If you’ve been following the news, you know the world has had a bit of constipation problem in the Suez Canal. This blockage has created havoc in the global supplychain.
US to invest $3 billion in Covid vaccine supplychain. American Eagle, Walmart invest in direct shipping to avoid congestion. US ports see shipping logjams extending through mid-2022. Wegmans launches sustainable egg packaging chain-wide. Walmart, meanwhile, has begun chartering its own ships.
Byron is the Founder and CEO of Zergratran , an innovative and sustainable high-capacity transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific. The Panama Canal bottleneck is causing supplychain disruptions worldwide and constraining global trade.
Empty shipping containers stack up at US port depots. These sixteen states were joined by the District of Columbia, the City of NewYork, and a Bay Area organization. However, McCormick executives have said the company will raise prices during the second quarter, amid cost pressures from rising inflation and supplychain issues.
Chipotle’s push for humane chicken delayed amid tight supplies. Mexican factories gain in supplychain revamps. Employees at an Amazon warehouse on NewYork’s Staten Island voted late last week to join a union, which is a painful defeat for the e-commerce giant that has aggressively fought unionization efforts in recent years.
Subscribe to SupplyChain Game Changer. The Fireworks SupplyChain! Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The latest major disruption that has the entire supplychain world buzzing? The massive global shipping squeeze.
Throughout his extensive career spanning over 20 years, Mike has been instrumental in merging supplychain and sustainability initiatives. About Returnity Returnity , headquartered in Brooklyn, NewYork, is a triple bottom line company dedicated to supporting its investors, the community, and the planet.
store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S.
Life as we know it is constantly being shaken up, and supplychain is no different. Trends in shipping and logistics like the rising popularity of e-commerce and blockchain technology are already changing the fabric of the industry as we know it. 1) Shorter Shipping Windows and More Efficient Last Mile Deliveries.
A crowd of nearly 37,000 people flocked to the Javits Center in NewYork City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. From a supplychain standpoint, the solution of note was the company’s TMS. The items are packed and shipped at this point.
Raised in Brooklyn, NewYork, and currently residing in Dallas, Texas, Beyrouti’s career has taken him through 17 countries, enriching him with diverse international experience. Their goal is to simplify logistics for clients and partners, ensuring efficient package delivery and seamless supplychains.
Chakri Gottemukkala, CEO at SupplyChain Planning Vendor o9 Solutions There are several young supplychain software companies that are unicorns. o9 Solutions has grown from a small company to a significant player in the supplychain planning (SCP) market in a short period of time. This is much faster.
And now on to this week’s logistics news. Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. and raided the Beijing offices of Mintz Group, a due-diligence firm based in NewYork.
It’s tempting to think of supply variability as a recent phenomenon caused by COVID-19. Supplychain professionals know better. Supply disruptions are as old as trade itself. Let’s take a look an “index of indexes” recently devised by The Federal Reserve Bank of NewYork. How far off the charts?
Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supplychain. Steeped in the investment world since 2008, Brian decided very early on to focus on supplychain and operations investment.
Gorillas plans to make its US grocery delivery debut in NewYork City. USPS could finally ship alcohol with new bill. E2open , a provider of cloud-based supplychain management technology, announced that it is acquiring BluJay Solutions. Shipping alcohol in the US is tricky business.
It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. XPO Logistics launched a Ship Net-Zero program, giving shippers the option to purchase carbon credits to offset emissions from shipments. Walmart+ costs $98 per year, or $12.95
by Kevin McGowan A recent article in Fleetowner shed some light on the human aspects of supplychain management. Professor of SupplyChain Procurement at Rutgers University), the article discusses some key traits held by the best supplychain managers. Featuring research by Arash Azadegan (Ph.D,
Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Warby Parker maintains a warehouse in NewYork, through which it fulfills orders and operates its HTO program. SupplyChain Differences.
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