Sat.Jan 13, 2024 - Fri.Jan 19, 2024

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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. Generative Artificial Intelligence (Gen AI) offers promises to fulfill those exact wishes. But can it do just that? I’m going to answer that question for you as well as offer some practical insights into how you should be implementing Generative AI in your supply chain.

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The Main Supply Chain Trends for 2024 You Can’t Afford to Ignore

3PL Links

The Main Supply Chain Trends for 2024 | Image source: Flickr.com The supply chain will have a difficult time adjusting to a world that is changing rapidly in 2024. Sustainable supply chain methods will become essential to remaining competitive in an increasingly cutthroat market, as customers become more aware of businesses’ ethical and environmental concerns.

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How much money are freight brokers really making from truckers?

Overdrive Online

DAT's Ken Adamo tries to show that brokers take, on average, less than 15% of any load's full payment, but many owner-ops don't buy it as some even question the motives and tools running freight tech.

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Crack the Last-Mile Logistics Puzzle With the Latest in Technology

Supply Chain Brain

While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.

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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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What is inventory postponement in the supply chain?

West Coast and California Logistics

We all know that speed is a key part of supply chain efficiency. It may seem counterintuitive that a service with “postponement” in its name could increase speed and efficiency, but it can. We’re talking about inventory postponement and, in this article, we’ll explain what it is, what its benefits are, and how to find a provider that can handle it for your supply chain.

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Tesla Semis Don’t Have Full Autopilot (and That’s a Very Good Thing)

Logistics Viewpoints

The much-delayed Tesla Semi has finally hit the road. The Semi started its first consumer deliveries in 2022. The vehicles have only been delivered to one customer – PepsiCo. Since then, the PepsiCo’s Tesla Semi fleet has grown to almost 100 vehicles. The Tesla Semi is a battery electric Class 8 semi-truck built by Tesla. Unlike Tesla’s electric cars the Semi does not support an upgrade to Enhanced Autopilot.

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Another Reason to Expand Definition of Supply Chain Visibility

Talking Logistics

For several years now I’ve been arguing that the scope of end-to-end supply chain visibility must go beyond the tracking of orders, shipments, inventory, and assets in motion. It must also include visibility to greenhouse-gas emissions and forced labor across the supply chain. Why? Because it’s becoming mandatory due to a growing number of laws. Read more The post Another Reason to Expand Definition of Supply Chain Visibility appeared first on Talking Logistics with Adrian Gonzalez.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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Faster Quotes, Higher Profits with Ben Derin

The Logistics of Logistics

Ben Derin and Joe Lynch discuss what it takes to achieve faster quotes and higher profits as a freight broker. Benjamin is the Founder and CEO of S2Q Systems , the creators of the fast-growing Speed to Quote® software platform that is helping transportation and logistics companies respond faster to incoming quote requests. About Benjamin J. Derin Benjamin J.

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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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This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

I spent the beginning part of the week in New York attending the NRF Big Show. It was a very busy show, with more than 35,000 attendees walking the floors of the Javits Center. I certainly saw a lot of exhibitors touting their AI capabilities, especially when it came to more informed decision making across the entire supply chain network. But I will get into the details in a future article.

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[Video] Parcel Shipping Best Practices

Talking Logistics

When I started as an industry analyst almost 25 years ago, relatively few companies were shipping via parcel. You can say it was a niche mode for a small segment of the market. Fast forward to today, and with the rise of e-commerce, parcel shipping is now a critical mode of transportation for retailers and. Read more The post [Video] Parcel Shipping Best Practices appeared first on Talking Logistics with Adrian Gonzalez.

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Index Reveals LTL and Truckload Q1 Expectations

Food Logistics

The latest release of the index expects LTL rates to remain relatively flat with subtle fluctuations and truckload rates to continue hovering near the floor established in Q2 of last year.

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Big, Bulky & Rural with Grafton Elliot

The Logistics of Logistics

Grafton Elliott and Joe Lynch discuss big, bulky, and rural shipping. Grafton is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes. About Grafton Elliott Grafton Elliott is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes.Prior to start

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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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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Since the emergence of AI as the shiny object of our times, we see similar grandiosity: that AI will solve world hunger.

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[Video] How Can B2B Distributors Improve Fleet Performance?

Talking Logistics

If you’re a distributor, you know that fleet performance has a direct impact on your financial performance, your ability to differentiate yourself from the competition, and your ability to deliver an enhanced customer experience. What separates the leaders from the laggards in the industry? What are some signs that a distributor isn’t employing route planning.

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Solaris Will Provide 19 Hydrogen-Powered Buses to Essen, Germany

NGT News

European hydrogen bus manufacturer Solaris has signed a contract with German operator Ruhrbahn GmbH to supply 19 zero-emission, hydrogen-powered buses to the city of Essen. The vehicles will be equipped with hydrogen fuel cells that generate electricity on board, and advanced ADAS safety systems. These vehicles are scheduled for delivery in 2024 and 2025, marking […] The post Solaris Will Provide 19 Hydrogen-Powered Buses to Essen, Germany appeared first on NGT News.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

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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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Hyundai’s Green Revolution: Pioneering Hydrogen Technology and Innovation in Southeast Asia

Logistics Viewpoints

At the Consumer Electronics Show (CES) 2024, companies including Hyundai, Nikola , and Bosch presented their most recent fuel cells and hydrogen technology innovations, indicating a potential comeback for this environmentally friendly energy choice. This resurgence might be influenced by the announcement of a $7 billion U.S. government initiative last year aimed at developing hydrogen infrastructure in the country.

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Remember the Mall? Now, it’s a Fulfillment Center, and More

Supply Chain Brain

What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.

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Robin Hutcheson resigning from FMCSA Administrator role

Overdrive Online

FMCSA Administrator Robin Hutcheson is resigning from her post, effective Jan. 26, after having led the agency as acting administrator and later administrator since January 2022.

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Happening Now: West Coast imports expected to surge

West Coast and California Logistics

According to The Loadstar , US West Coast ports are anticipating a surge in imports due to a combination of supply chain and geopolitical disruptions. These disruptions include transit difficulties through the Panama and Suez canals, and concerns at East Coast ports related to ongoing labor contract negotiations.

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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

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This is the year to improve MELT

Truck News

This year promises new and positive opportunities regarding mandatory entry-level training (MELT) in Canada. For starters, Newfoundland officially implemented its MELT program on Jan. 3.

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How to Prevent Procurement Fraud With Analytics

Supply Chain Brain

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

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[Editor’s Pick] Global Trade Trends: A Year in Review and a Look Ahead

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Sandy Bhat from e2open’s blog highlights several key trends in global trade “that will have broader implications for businesses.

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Treasury Department, IRS Issue Vehicle Charging Infrastructure Guidance

NGT News

The U.S. Department of the Treasury and Internal Revenue Service (IRS) released additional guidance under President Biden’s Inflation Reduction Act (IRA) to lower Americans’ energy bills by providing clarity on eligibility for incentives to install electric vehicle charging stations and other alternative fuel refueling stations. The U.S. Department of Energy is also releasing a mapping […] The post Treasury Department, IRS Issue Vehicle Charging Infrastructure Guidance appeared first on NG

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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.

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Top 10 Benefits of Route Optimization Software for Transportation Companies

WorkWave

Time To Read: 5 minutes Transportation companies are continually seeking innovative solutions to navigate complex logistics while enhancing efficiency. Route optimization software has emerged as a game-changing tool, revolutionizing how these companies optimize routes and streamline operations. Let’s dive deeper into the top 10 benefits that make route optimization software indispensable for transportation companies, supported by relevant statistics and detailed insights. 1.

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AI Is Helping Protect Healthcare Supply Chains, Study Shows

Supply Chain Brain

Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.

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No new sleep apnea guidance in FMCSA handbook for DOT docs

Overdrive Online

Not directly, anyway. The new handbook follows public comment and internal review, and leaves in a link to past apnea screening recommendations. Other handbook updates include “numerous changes to improve the overall clarity, quality and substance.

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