Fri.Jun 30, 2023

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The Rise of Exosuits with Mark Harris

The Logistics of Logistics

Mark Harris and Joe Lynch discuss the rise of exosuits. Mark is the CEO of HeroWear , a wearable technology company focused on developing assistive clothing solutions. About Mark Harris Mark is a driven, serial entrepreneur with an innovator’s mindset. At HeroWear, Mark leads a team of amazing engineers, designers, manufacturers, and business experts to launch a line of exosuits that will improve the health, safety, and productivity of workers within the logistics industry.

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WASP project ends as winds blow fair

Supply Chain and Logistics

The EU’s Wind Assisted Ship Propulsion (WASP) project has ended. So far we seem to have favorable findings concerning the viability of retrofitting ships with wind propulsion units in addition to conventional power.

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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

I have yet to jump on the metaverse bandwagon, but I see more and more companies offering “virtual experiences” to the masses. For those unfamiliar with the metaverse, it is the emerging 3-D-enabled digital space that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to allow people to have lifelike personal and business experiences online.

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Above the Fold: Supply Chain Logistics News (June 30, 2023)

Talking Logistics

With the 4th of July holiday next Tuesday, I’m betting many people are taking the day off today (and Monday) to extend their time off. At least that’s what I’m doing. So, without further delay, here’s the supply chain and logistics news that caught my attention this week: If you’re still reading this, thank you. Read more The post Above the Fold: Supply Chain Logistics News (June 30, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Successfully Delivering Digital Twins for Supply Chain Management

Supply Chain Brain

Your supply chain’s digital twin is waiting for you; waiting to start the adoption process will only delay the realization of significant improvements in supply chain performance.

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United States: 2022 Cargo Theft Report

Supply Chain Brain

In 2022, 1,090 incidents of cargo theft were recorded in the US. In order to highlight the various factors behind these cargo crimes, Overhaul has released our 2022 Annual Report, which compiles data regarding stolen loads by product type and thefts by date, location, Modus Operandi (M.O.), value, and specific product.

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Simplifying the Logistics Updates Maze to Offer Unparalleled Customer Experience

Loginext

This blog covers how technology, resources and manpower is involved in delivery the parcel on-time and how is LogiNext helping enterprises offer a seamless customer experience. The post Simplifying the Logistics Updates Maze to Offer Unparalleled Customer Experience appeared first on loginextsolutions.com.

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Baptist Health South Florida Triples Productivity by Optimizing Picking Through Voice and Work Orchestration

Supply Chain Brain

In 2015, Baptist Health South Florida, an internationally recognized healthcare network and one of the largest not-for-profit healthcare providers in the region, adopted a self-distribution strategy, to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately, help provide better care.

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London Light Freight Walking Trial

Logistics Business Magazine

Cross River Partnership (CRP), a non-profit and impartial partnership organisation, is excited to have launched the London Light Freight Walking Trial; UPS’s first walking freight trial on public land. This forms part of the Defra-funded Clean Air Logistics for London project. CRP has been working with The Fitzrovia Partnership, London Borough of Camden, UPS and Heal’s to bring this trial to life, which officially began on Friday 5th May.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Five Governance and Stakeholder Alignment Factors to Ensure Supply Chain Solutions Implementation Success

Supply Chain Brain

Are you looking for a successful and seamless supply chain solutions implementation? Look no further. Governance and stakeholder alignment is key to success and several factors are important for that alignment.

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Introducing Index-Linked Contracts

FreightWaves SONAR

Freight procurement has serious problems. It’s “broken” in the sense that when the market shifts, shippers don’t get the service they’ve agreed to pay for and volumes awarded to carriers are withheld and withdrawn. Contracts don’t hold up. The lack of a mechanism to tie contracts to prevailing market conditions creates enormous inefficiencies in freight transportation.

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Understanding Model Accuracy Risk Prediction

Supply Chain Brain

Data drives every supply-chain risk management decision. So, the data and the modeling need to be exceptional. But not all data and modeling are equal. Which begs the question, “How do I know whether I’m getting an accurate read on my risk exposure from the solution I’m using?

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KPIs for Ecommerce Businesses & How to Choose Them

Ship Monk

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. Which ones are the most important? Well, that depends on your goals. We’re not side-stepping the question, just stating a fact. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Five Steps to Ensuring Supply Chain Solutions Implementation Success

Supply Chain Brain

Supply chain organizations and vendors both need to understand the business problems faced by the client organization. Baseline data is the starting-off point of a supply chain technology implementation and provides an indication of where a project needs to go.

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Dangerous Savings: 6 Cost Cutting Supply Chain Strategies That Will Cost You in the Long Term

Locus

Those working in shipping and last-mile delivery are all too familiar with the ubiquitous dilemma: cost optimization. No stone can be left unturned when considering how best to streamline each operational facet of your organization, and the last mile is no exception. Yet, the difficulty lies not in curtailing costs but in understanding and mitigating the long-term repercussions of such actions.

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Home Depot Reducing Its Supply Chain Capabilities by $500M

Supply Chain Brain

By reducing its capacity, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see sales decline by 2% to 5% from 2022.

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SONAR Container Atlas allows shippers to predict the future with confidence

FreightWaves SONAR

Logistics industry leaders rely on data to run their businesses in real-time, and they consult data when planning for the future. In recent years, it has become easier for decision makers to gain access to a wide swatch of different data points. How useful those insights are, however, depends greatly on their source. Legacy data is still some of the most popular data in the industry.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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The Last Mile In Supply Chain is Longer Than Expected. How Can AI Fix it?

Supply Chain Brain

The last mile of the supply chain has become a defining aspect of modern retail. Businesses can transform their supply chain operations by harnessing the power of AI.

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Retailers to Reduce Cost and Impact of Returns

Logistics Business Magazine

New global research from DHL Supply Chain among e-commerce decision makers in retail and consumer goods businesses reveals that the rise in returns is driving a major re-evaluation of policies and processes. Nearly half of the businesses surveyed are considering changes to returns handling processes to bring down the cost and environmental impact of returns.

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Fast-Track Labor Talks on East Coast Hit a Snag

Supply Chain Brain

The stance signals a tougher line for negotiations covering ports from Texas to Maine, as West Coast dockworkers prepare to vote on a tentative agreement.

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NHS Supply Chain: Bids for Logistics Services Provider

Logistics Business Magazine

NHS Supply Chain in the UK has formally commenced the procurement process for the management of its logistics services with a planned award date of late 2024. These services form part of its ongoing Target Operating Model (TOM) programme which aims to deliver improved efficiencies and greater value for the NHS. The contract for the current outsourced Logistics Services Provider expires in 2024.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Element 25 Agrees to Supply GM with Manganese Sulfate

Supply Chain Brain

GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.

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CJ Logistics and KOBC Investing $457M in Large-Scale U.S. Logistics Centers

Supply Chain Brain

KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.

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What Manufacturers Need to Know About Mexico’s IMMEX Program

Supply Chain Brain

IMMEX is a program that enables foreign companies to operate in Mexico under a preferential, low-tax cost structure.