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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.
Kyle Henderson and Joe Lynch discuss real time container tracking, which is exactly what Kyle and his team do at Vizion. Kyle is Co-founder and CEO of Vizion , a groundbreaking technology company revolutionizing container tracking in the logistics industry.
Mike Baudendistel and Joe Lynch discuss the CPG supplychain. Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector.
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 supplychainvisibility and why it is important?
For more than a year, global supplychains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. And in the rail car.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
As market volatility continues to challenge supplychains, shippers are looking for solutions to help create consistency. Track Carrier Performance Data. Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business.
Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
The term control tower has been grossly overused in the domain of supplychain management. Its used to describe practically anything from basic visibility to network-wide fully autonomous solutions. What is a supplychain control tower?
If you’re a global supplychain executive, you’ve got a challenging job. A job that was once as simple as moving goods around now involves managing relationships with suppliers and service providers all around the globe, while also keeping track of the goods as your shipments move closer to their destination.
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
Mary is a podcast host and writer for FreightWaves , the leader in global supplychain market intelligence. Mary O’Connell is a former pricing analyst, supplychain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight.
Generative AI and AI-powered software agents “should change the way our work is done,” Jassy said in an email to employees on June 17 that laid out his thinking about how the emerging technology will transform the workplace. “We recently announced a round of layoffs that hit software developers hardest. And Microsoft Corp.
Huge demand supply issues breaking the ever-so-fragile supplychain globally. In this phase, companies with relatively better supplychains, started to re-access the imperatives required to rebuild resilient and agile supplychains. The Critical Levers that Global supplychains need to Execute NOW.
billion ‘Green Gateway’ rail expansion The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June.
Robots and automation enriched the Jetsons’ lives. Last week, I was having breakfast with a CEO of a leading softwaresupplychain management company. At that time, he aggressively pursued automation, and actively tested new technologies. Today’s supplychain is like the Flintstone era.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. Driving the Maersk Shift.
Todays supplychains span thousands of miles, cross continents and oceans, rely on multiple modes of transportation, and involve many supplier tiers. Outdated solutions dont consider enough possibilities and parameters across the complex global supplychain. There is good news, though. What can shippers do?
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
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. Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles. The third Z – Zero emission technology: First Movers Coalition.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
The warehouse, meanwhile, has been elevated from afterthought to a central player, as new demands and responsibilities are placed on supplychains — from small-batch wave picking and reverse logistics to deeper supplier collaboration, and tariff and sustainability compliance.
Across every industry, there’s buzz about artificial intelligence (AI), machine learning (ML), automation, optimization engines, and other advanced technologies. Should we be excited or scared by the possibilities created by today’s rapid technological innovations? But what do these terms mean for the logistics industry?
In most cases, their legacy ERP or supplychain 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. It used to take two people anywhere from 10 to 15 days to create a 12-month forecast.
Building a customer-focused, digitally enabled supplychain comes with its challenges, but the benefits make the effort worthwhile. In addition to decreased costs, digital supplychain transformation can increase revenue 10% by creating a better customer experience and new routes to market. New sources of revenue.
Are you interested in understanding how businesses effectively manage their supplychains? Look no further – this guide is here to help you grasp the fundamentals of supplychain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.
My wife often jokes that she is the VP of SupplyChain and Logistics in our family. Whether it’s preventing out-of-stocks of critical household items or making sure the kids are delivered on time in full to wherever they need to be, she keeps our supplychain running as efficiently as possible — while doing her day job too!
By mid-March, it had become difficult to keep track of what seemed like the high-speed unravelling of the world’s economy and its means of social connection. Without an intact supplychain, a manufacturing business will starve for key inputs into its production process. A retailer will have empty shelves.
issued similar statements on June 10, saying their payment plans are aimed at promoting efficient capital flows across supplychains in the automotive industry. Supplychain financing is common in the auto industry. The platform had issued 400 billion yuan ($55.7 Guangzhou Automobile Group Co.
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. and J-P Rodrigue (2004)).
In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.
Having the complete source-to-pay journey within the Ivalua Platform will help our customers build stronger, reliable supplier relationships”, said David Khuat-Duy, Founder and CEO of Ivalua. By removing the friction in global supplychains, for the first time, the payment and the sourcing event are seamlessly linked.
Much, much better– Approximately two weeks ago, we fully launched our platform and have begun selling! Pictured: Camille Carpenter, VP of Technology and Technical Sales. has been hard at work dreaming up, creating, testing, piloting, tweaking, marketing, and now beginning to sell access to our Track and Trace Platform.
One of the best quotes I heard this year came from a young professional commenting on why she chose a career in supplychain management: “I wanted to work in a field where I knew I wouldn’t live the same day twice.”. Every day in supplychain management brings new challenges and opportunities. Source: Quintiq.
Last Friday I attended a CSCMP Executive Breakfast with guest speaker Jason Seidl from Cowan and Company where he provided an update on the rail, truckload, and less-than-truckload transportation markets. The lab will focus on Prime Air.”. Want to work at Amazon to help develop Prime Air? customs brokerage director for Transplace]. .
Provenance is using tech to power the transparency movement – helping brands bring their supplychain and the social and environmental impact behind products to shoppers, enabling more conscious, fair, and low-impact consumption. Proactively look for ways to improve our processes, software quality and maintainability.
Provenance is using tech to power the transparency movement – helping brands bring their supplychain and the social and environmental impact behind products to shoppers, enabling more conscious, fair, and low-impact consumption. Proactively look for ways to improve our processes, software quality and maintainability.
In the years leading up to the Covid-19 pandemic, most people paid little attention to supplychain operations. Supplychain disruptions dominated the headlines. People suddenly understood what had always been true: supplychains shape our lives. Following the outbreak, that all changed.
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. In the rail sector, the big issue is capacity. In the U.S.,
By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supplychain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.
For international distribution, multiple modes of transport are used, including air, ocean, rail and road, and the processes for cooperation and information exchange between all the parties can be organized in different ways depending on location and forwarder. In addition, special service providers are used if dangerous goods are involved.
Solution: Route optimization software: Utilizing software that optimizes delivery routes can minimize travel distances and improve vehicle fill rates, even with smaller loads [1]. Solutions: Route optimization: Using technology to optimize delivery routes reduces travel time and fuel consumption.
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. These technologies also contribute to a rise in big data and analytics in the logistics field.
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