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Blockchain technology as a transformational force

Logistics Business Magazine

We also saw how the supply chain crisis throughout Europe in 2021 hit businesses and industry. As the market grows, so does the supply chain and its complexities when it comes to planning and maintaining the storage and delivery of goods to successfully meet the demands of the end customer.

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Online Learning is Growing Exponentially—And it’s Here to Stay

Logistics Bureau

Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. The study showed that upwards of 30 percent of American students enrolled in at least one online course in 2018. Online courses are the quickest path for a student to obtain a degree.

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Building Relationships with Truckload Carriers

GoShip Blog

These changes include: The recent boom in e-commerce: Between 2018 and 2021, global e-commerce sales grew from $2.982 billion to $4.93 Truck driver shortage: In 2021, The American Trucking Industry (ATA) reported a shortage of 80,000 truck drivers in the US. These changes have shaped the market into what it is now.

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Digitalization Is Ushering Visibility Into Supply Chains

Blue Grace Logistics

Companies should phase out paper documentation and adopt digitalization in order to usher in visibility, and reduce complexities in gathering and processing documents. To help meet expectations, leading companies are (or should be) taking advantage of linking their existing ERP systems to a TMS system.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. Documents included in the metric can vary but usually include advance shipment notifications (ASNs), labels, and invoices. Delivery documentation is completed accurately. x 0.96 = 0.8661.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

Damaged customer satisfaction and reputation – if you cannot meet demand, loyal customers could turn to a competitor and not return. Harder to manage supplier lead times – if you cannot give suppliers a good forecast of your annual inventory needs, it will be harder for them to meet your delivery deadlines. Use qualitative data.

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Risky Strategies Increase the Rate of Container Losses Amid Transit

ShipLilly

The comparative statistics of the 30th of November 2020 against the 31st of January 2021 indicate a dramatic spike in just two months. To meet the demand, shipping companies are stacking large quantities of cargo on increasingly narrow equipment. For example, by the third week of February 2021, only 943 had been unloaded from ONE Apus.