This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibilitysolutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
Happag-Lloyd will track all their container shipments. Shippers – the companies paying Ocean, Rail, and Truck carriers to transport their goods – can do little to speed shipments snarled by port congestion. To drive better estimated times of arrival (ETAs), better visibility is needed. million TEUs.
Management of Ocean Transit Time Reliability and Visibility by LSCMS Shippers’ Council How would Logistics managers explain to their COO and Production group that inbound material will arrive on 23Dec but with 50% probability? What is supply chain visibility and why it is important? 2022 ocean schedule reliability dropped to 30%.
Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.
In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.
Transportation is a complex system, and even minor inefficiencies can have a ripple effect. We’ll delve into each challenge and explore potential solutions: 1. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1].
Another crazy Friday morning, now with the kids out of school, so let’s go straight to this week’s news: JDA Announces Major Enhancements to Workforce Mobility, All-Channel Commerce Solutions. HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace. Trucks Transported 60.6%
But in terms of transportation, the impacts won’t just be on fuel prices. FourKites , a provider of real-time transportationvisibilitysolutions, has a big data set around transportation. While rising gas prices drive up the price of transportation, rising natural gas prices also affect global supply chains.
Such meetings are generally hyped as platforms that can bring sweeping global action which makes it very hard for the participants to live up to the expectations. In respect to logistics and transport something remarkable happened at COP26. The first Z – Zero emission road transport: Global MOU for ZE-MHDVs .
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. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. The latter would be spun off or sold.
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
Higher Costs and Lower Profits: While recession may incur low demand, operational costs such as energy and transportation can remain high or fluctuate unpredictably. Implementing tracking technologies such as barcodes, RFID, and blockchain provides granular data that enhances both forecasting capabilities and overall supply chain visibility.
GE Acquires Top Supply Chain Software Provider ShipXpress to Expand Digital Rail Offerings. Robinson intends to purchase APC Logistics for approximately $300 million AUD (approximately $225 million USD) in cash. Help With Shipping Crisis (WSJ – sub. Robinson Expands Global Network, Acquires APC Logistics. Rate Changes.
One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.
Another busy week, so let’s go straight to the supply chain and logistics news that caught my attention, headlined by a major acquisition in the transportation management systems (TMS) market: Kewill Announces Acquisition of LeanLogistics. The MOVE platform provides additional components currently unavailable in LeanTMS.
We normally do our Talking Logistics episodes on Tuesdays and Thursdays, but we have one today at 12 ET with Alaster Love from Transplace, where we are going to discuss “ Big Data and Analytics in Oil and Gas Transportation.” September 2014 Freight Transportation Services Index (TSI). Mexico Customs Management.
The typical distribution process in the chemical industry looks mostly like this: The chemical producer distributes goods from various locations to a large number of customers, using different forwarders depending on the company’s diverse transportation requirements. Cloud-based IT solutions make complex logistical processes easier to manage.
Amazon Buys Thousands of Its Own Truck Trailers as Its Transportation Ambitions Grow (Re/code). MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. SMC³ Unveils New Version of BatchMark XL Analysis Tool.
One study found that 51% of consumers prioritize product quality over price when making purchases. Tracking anomalies using AI throughout the production process ensures manufacturers can manage production costs. Companies leverage advanced design solutions to expedite product design, rapid prototyping, and testing.
Consequently, and following this introduction, it is clear that the two functions have a history, it is undoubtedly what we will emphasize on the platform of this blog. Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management.
The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. Transporting and storing perishable food requires advanced logistics that is beyond the reach of many companies.
trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportation costs increased by 10.4% billion, while transportation costs increased by 10.4% transportation network and other logistics challenges. trillion and motor carrier costs rose 10.1%
According to a survey from the Digital Supply Chain Institute (DSCI), the design of and transformation to a digital supply chain with the customer in mind, can reduce procurement costs for all purchases of goods and services by 20% and reduce supply chain process costs by 50%. More efficient operating processes.
Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and softwaretools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the future of manufacturing.
The same applies to automotive manufacturing in Europe, where investing in additional warehousing space is a lot more expensive than the cost of transportation. Competing railtransportation in Europe, Japan and Korea, is also fairly entrenched, sometimes providing the coverage of the last mile. Alternative Solutions.
We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. Each of these freeports is an important logistical, transportation, and trade area offering a competitive advantage to businesses that operate within them.
Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated. Accessibility: The ability of a freight carrier to provide transportation between the named points of origin and destination. Air Cargo: Freight that is transported by an aircraft.
Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These advancements are accelerating thanks to better tools that were created in 2018.
As well, they could be elements or objects purchased from outside the firm. According to the supplier, the item could be partially assembled or finished good, but the purchasing firm classifies it as a raw material. An item without a component is a purchased item or raw material. The part made is the parent. Work-In-Progress.
4: The Mistake of Modal Fixation While companies often use too many carriers, they sometimes go to the other extreme in choosing freight transportation modes. Once again, this lack of analysis or structure in freight mode selection protocols is a mistake that often arises when a company under-resources freight management activity.
The report recommends shifting toward a new approach of piloting automation tools over mere visibility and analytics, which will be powered by AI. Without visibility into this complex process, identifying the areas for improvement and the actual scope for improvement was becoming a growing challenge for this aerospace sensor company.
As the pandemic continues to rage on, brands will adopt AI-based technologies to help consumers easily track their packages and receive them as contactless deliveries. Businesses need a dispatch management platform to systematically plan and execute their last-mile deliveries. Check Out: Last-Mile Delivery: Finding the Right Balance.
percent in the first half of the year, while transportation construction (airports, transit, public rail and ports) jumped 11.7 It’s important to be able to track key performance indicators (KPI) such as loading times, unloading times, loop times, and returning dollar per hour information on each load and job.
Warehouses that make use of flexible automation solutions like collaborative mobile robots , on the other hand, have greater design flexibility. Before being an entrepreneur, he was a consultant helping NGOs and international organizations purchase the right audio equipment for events. Data always wins; if you have it, use it!
There has been a lot of buzz around facial recognition software lately. And this buzz has come down on both side of the issue, from the benefits off facial recognition software to the dangers and privacy concerns. There are three specific projects tied to reducing supply bottlenecks by making it easier to transport goods.
They can be deployed in under a month, integrated with existing warehouse management system (WMS) platforms, and within two or three weeks begin identifying high-value discrepancies between the physical world and digital inventory. We now have the tools to track inventory more accurately, while spending less money on tracking.
Data suggests that consumers now opt to purchase items online instead of going to retail stores. And alongside this shift of preference is the realization that robots and technology can execute logistics solutions better. Delivery Bots Are Here. It’s actually customizability and dynamic and real-time connectivity that people want.
As such it’s always good to have some sort of system, or technology platform, in place so that you track your equipment, your drivers and the loads they are transporting. You know it can really ‘take a toll’ ;-) Murray Pratt President & CEO Tailwind TransportationSoftware Sign Up for a Demo!
The new parameters of “How, When and Where” wine was consumed affected transportation, warehousing, distribution, and even packaging. Truck transportation continues to be challenged with driver shortages , tight capacity, and warehousing is likewise finding it difficult to source workers. That’s not all. Start with the basics.
Embark Self-Driving Truck Completes Coast-to-Coast Test Run (Transport Topics). Kuebix Tops 5000 Companies Using its Transportation Management System. Infor and Integration Point Partner to Create Comprehensive, Network-based Global Trade Management Solution. Infor Launches Networked Order Management. Shipping with Amazon.
We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. Typically, it accounts for the planning of demand, production, distribution, and transportation. Air Freight — Transportation of products via air transportation methods.
Neel is the EVP and Global Head of Airfreight at Flexport , the platform for global logistics. Neel is the EVP and Global Head of Airfreight at Flexport , the platform for global logistics. Flexport is the platform for global logistics. Neel Jones Shah and Joe Lynch discuss avoiding port congestion. About Neel Jones Shah.
Would you assign the task of restocking your inventory or sourcing new materials to a supply chain manager or the procurement team? While many think these terms are interchangeable, procurement and supply chain management have interconnected yet different functions within a business. Scroll down to find out What is Procurement?
s gaming division laid off hundreds of employees on July 2, part of a broader culling at the software company as it seeks to control costs. The gaming division has been under pressure to boost profit margins since Microsoft purchased Activision Blizzard for $69 billion in a deal that closed in October 2023.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content