September, 2016

article thumbnail

Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

article thumbnail

What is Storytelling with Data and How Can You Master it? Get Tips from Cole Nussbaumer Knafflic

AIMMS

This month, we’re hosting a Data Visualization webinar with bestselling author Cole Nussbaumer Knafflic. Cole wrote the popular book “ Storytelling with Data ” and is also known for her blog. She’s worked at and with some of the most data-driven companies on the planet, including Google, Adobe, Genentech, JPMC, Target, and the World Bank.

Data 85
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 40% Hanjin Rate Spike Won’t Last

Freightos

The 40% Hanjin Rate Spike Won’t Last. Trans-Pacific shipping rates peaked one week into Hanjin bankruptcy, hitting a 56% spike. Prices have since stabilized yet remain high, about 40% higher than before Hanjing filed for bankruptcy. But ocean liners aren’t rejoicing yet, as they know that these price hikes will likely be short-lived. Despite this brief respite, the shipping industry knows still has rough waters ahead, with the potential for shipping rates to fall below pre-bankruptcy rate

article thumbnail

The True Cost of Shipping – How It Can Break the Bank For Direct Sales Businesses

Ottawa Logistics

Marc Andreessen correctly observed that “today’s leading real-world retailer, Wal-Mart, uses software to power its logistics and distribution capabilities, which it has used to crush its competition.” Such is the case in smaller circles for many direct sales companies. Formerly successful businesses are finding themselves upended by competitors that have learned to reduce their costs of shipping.

article thumbnail

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.

article thumbnail

Top 10 Trucker Apps

3PL Insights

There are more than 3.5 million truck drivers in the USA, according to the American Trucking Association. Each driver has unique needs and routes, but they all have a common goal of getting goods from one location to the next. With each new route comes a new challenge that can make driving more difficult, more boring, harder on the truck, consume more fuel, etc.

More Trending

article thumbnail

[Infographic] American Manufacturing: How Important is “American Made”

GlobalTranz

American manufacturing has a long history, ranging from the creation of 95 percent of all clothing sold in the US in New York City, reports Highsnobiety , to startups designing mobile device covers and protectors, explains The New York Times. But, the distinction of “American Made” products is garnering attention in politics and the American people due to its sustainability, ethical superiority and “shop-local” taglines.

article thumbnail

What is Storytelling with Data and How Can You Master it? Get Tips from Cole Nussbaumer Knafflic

AIMMS

This month, we hosted a Data Visualization webinar with bestselling author Cole Nussbaumer Knafflic. Cole wrote the popular book “Storytelling with Data” and is also known for her blog. She’s worked at and with some of the most data-driven companies on the planet, including Google, Adobe, Genentech, JPMC, Target, and the World Bank. She also works with organizations and individuals to help them become more effective data storytellers through workshops.

Data 62
article thumbnail

How Shipping Overcapacity Could Be Maersk’s Salvation

Freightos

Overcapacity Could Be Maersk’s Salvation … and Strategy. These two graphs explain why Maersk is splitting its shipping business, which is reeling from overcapacity; from it’s energy business, which is reeling from low oil prices: As Tolstoy observed, “each unhappy family is unhappy it its own way.” With floundering profitability at both businesses caused by very soft market pricing, Maersk has decided to give each unit full independence to choose and implement the r

article thumbnail

3 Ways to Cut Your Overhead with Direct Sales Fulfillment

Ottawa Logistics

“What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power,” Henry George wisely stated. If you consider your company a civilization of its own, and you are struggling with the cost effectiveness or the process of your order fulfillment, then you can understand the politics of distribution.

article thumbnail

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

article thumbnail

Hanjin Shipping Bankruptcy

3PL Insights

Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping. The company represents almost 8% of trans-Pacific trade shipments for the United States market, and now they have stopped accepting new cargo.

Cargo 69
article thumbnail

10 Best Ways To Reduce Supply Chain Costs

3PL Links

One of the best ways to improve your corporate bottom line is to get supply chain costs under control, and fortunately there are some pretty straightforward things you can do to achieve this objective. Before you get into a cost-cutting frame of mind, however, you need to understand where to focus because making the right cuts in the right areas will ultimately lead to the greatest returns.

article thumbnail

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

GlobalTranz

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. 1.

article thumbnail

Apparel: The Current Driving Force of E-Commerce

Apparel Logistics

The e-commerce industry has gone through a lot of changes over the last decade. If you own or manage an online store, you'll want to learn more about how apparel currently acts as the driving force behind e-commerce success. What you learn could help you make smarter decisions that lead to more sales. Apparel Leads in E-Commerce Sales. Not surprisingly, electronics have traditionally been the most popular retail items sold online.

article thumbnail

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.

article thumbnail

LogTech Q3 2016 Report: Rise Of The Tech Giants

Freightos

LogTech Q3 2016: Rise Of The Tech Giants. The Freightos’ LogTech report is a free quarterly report focusing on major logistics technology updates in the sector. . SKIP TO FULL REPORT Amazon. Uber. Google. Alibaba. Together, the four tech powerhouses boast a market cap (including Uber’s private valuation) of about $1.29 trillion dollars. And they’re coming for logistics.

article thumbnail

A Balanced Summary of Where The Trucking Industry Stands

10xLogistics

Fleet Owner summarized the FTR Transportation conference with an article about the headwinds facing the transportation industry. They are real but they are what every business faces - uncertainty. That is what makes a business a business. Certainty is what utilities have. Usually the press out of this conference is designed to scare the shippers into paying higher rates than they need to but, at least within this summary, it appears they are becoming more realistic.

article thumbnail

What You Should Be Asking Your Freight Forwarder

Dedola Global Logistics

Archives When looking for an ocean or air freight forwarder, there are a number of standard questions you should ask to figure out if they’re the right fit, such as: “How many containers do you move per year?” or “Which steamship lines do you contract with?” However, those types of questions won’t tell you how a freight forwarder will treat you as a customer or if they’ll be proactive in trying to learn your business’s unique needs and requirements.

article thumbnail

5 Tips For Improving Your Warehouse And Distribution Process

3PL Links

Improving your warehouse and distribution process isn’t necessarily as easy as it might sound since any course of action needs to take into account variables such as your products, staffing levels, scheduling and third-party vendors. What this means is that your first order of business is to figure out the things that impact your warehouse and distribution process in the first place so that you can then determine how to go about making the process more efficient, productive and profitable.

Tips 59
article thumbnail

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.

article thumbnail

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. For example, transportation management often focuses on the journey of products after manufacturing.

article thumbnail

Advantages of Outsourcing Information Technology for Your Apparel Company

Apparel Logistics

Information technology services are necessary for nearly every business today, but not all apparel companies rely on IT as a primary part of their business. If IT is a secondary need for your company, you can save time, money, and resources by turning to an apparel third-party logistics (3PL) provider rather than maintaining your own in-house IT department.

article thumbnail

Protected: How Shipping Overcapacity Could Be Maersk’s Salvation

Freightos

This content is password protected. To view it please enter your password below: Password: The post Protected: How Shipping Overcapacity Could Be Maersk’s Salvation appeared first on Freightos.

Freight 48
article thumbnail

Schneider Seeking IPO

10xLogistics

A fascinating development from the Frozen Tundra. I just read they are seeking to do an IPO for part of the company. I was there when they did this the last time. It crashed and never happened. Let's see what happens now. More evidence that I think the Schneiders want little to do with trucking. Don Schneider used to say the decision to go public was only a finance decision to get access to capital.

article thumbnail

Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

article thumbnail

Shipping | Sea Quotes Every Sailor Should Know

Trans Global Auto Logistics

15 Quotes Every Sailor Should Know. 1 – Leonardo da Vinci : “He who loves practice without theory is like the sailor who boards ship without a rudder and compass and never knows where he may cast.”. 2 – Robin Lee Graham “At sea, I learned how little a person needs, not how much.”. 3 – Unknown : “The good seaman weathers the storm he cannot avoid, and avoids the storm he cannot weather.”. 4 – Thomas Carlyle : “A man without a goal is like a ship without a rudder.”. 5 – Grace Hopper: “A ship in po

45
article thumbnail

Marketing Measurement for Logistics: What to Show the Boss

Logistics Marketing Advisors

Marketing is viewed by executives at logistics business as an expense, not an investment. To change this perception, marketing measurement must focus on sales results, not activities. As our cartoon hints at, statistics that are unlikely to matter at the end of the day to C-level executives are things like: Web traffic. Social likes and follows. Ad impressions.

eBook 40
article thumbnail

The Ultimate Guide to a 3PL Business

GlobalTranz

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. These include: . Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound fr

3PL 101
article thumbnail

Plus Sizing and the Apparel Supply Chain

Apparel Logistics

The plus-size fashion industry is a growing sector with massive money-earning potential. Take a close look at the rise of plus-size apparel and its effects on the supply chain. The Rise of Plus Sizes. Between May 2013 and April 2014, the plus-size apparel sector posted sales of $17.5 billion , up 5 percent from the previous year. This increasing demand for larger-size fashion items reflects Americans' changing body shapes.

article thumbnail

How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

article thumbnail

Compelling Use Cases for Drones in Today’s Supply Chain

PINC

John Mabe is a blogger and writes about technology’s impact on Logistics with a specific focus on how emerging technologies are transforming eCommerce logistics. He is based in Sydney, Australia has worked previously for DHL, Republic National, and Tyco where he focused on supply chain technology.

article thumbnail

ARE YOU USING A YAHOO MAIL ACCOUNT

Logistics Portal

ARE YOU USING A YAHOO MAIL ACCOUNT? If you are using the Internet, you must read this. Tips to protect your data from hacking. BE SAFE, NOT SORRY!

Tips 40
article thumbnail

Shipping | State of the Port

Trans Global Auto Logistics

South Carolina Ports Authority President and CEO, Jim Newsome, delivered his eighth State of the Port on September 12. At the annual event hosted by, the Propeller Club of Charleston, Newsome reviewed the Port’s financial and volume gains in recent years and the investments required for SCPA to meet the changing needs of the shipping industry.

Cargo 40