Logistics Viewpoints

JUNE 8, 2022

For example, in a recent CNBC interview Ben Bernanke noted that the Federal Reserve likely looked at the unemployment rate and total employment in early 2021 and inferred that there was plenty of slack in the labor market. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing.

Scenario Planning 131

Scenario Planning Analysis Events Purchasing Skills 131

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

IoT World Today

MAY 24, 2021

Key takewways in this article are the following: As technology and geopolitical risks converge, cyberthreats of all kinds become more prevalent and costly, from ransomware to trade-and-tariff wars. The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 105

Logistics at MPEPS at UPV

APRIL 6, 2021

This article introduce 10 Logistic Companies that have applied innovation in their procesess, products or services, to provide solutions during 2020 -a challenging year even for innovators- and at the same time, gives interesting examples of how logistics can be applied in a wide variety of industries in different stages of the value chain.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Purchasing Skills Procurement Solutions Procurement Analytics 52

Blue Grace Logistics

APRIL 27, 2020

It’s no longer enough to provide copious amounts of data — planners must use the data to draw conclusions about future risks and opportunities. The article further states that “Mr. For example, labor strikes can impact day-to-day operations and create a backlog in the supply chain. What is the Outside-in Mindset?

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 62

Forto

APRIL 25, 2020

For breathing masks, for example, a rapid test is available to prove conformity with European standards. For protective equipment for medical use, the manufacturer must submit the so-called CIQ papers (China inspection and quarantine) for articles of medical use. This only applies to the period during the pandemic.

Transportation 52

Transportation Data Multimodal transport Availability 52

Logistics Viewpoints

APRIL 12, 2021

Dr. Valsecchi spoke at ARC’s Accelerating Digital Transformation in a Post-COVID World on a 5G panel and then expanded on his thinking after I sent him a draft of the article. One example of this is an application study in the Port of Antwerp, which includes one of Covestro’s largest European production sites.

Industry 131

Industry Supply Chain Software Factories Logistics Network Optimization Software 131

GoShip Blog

FEBRUARY 28, 2023

Some examples of CPGs are personal hygiene products, food, beverages, and cosmetics. Examples of goods under this category are shoes, dresses, cars, jewelry, and perfumes. One such example is a Rolls Royce. Some examples would be flashlights, fire extinguishers, and pepper spray. What is Consumer Packaging?

Packaging 52

Packaging Manufacturing Procurement Purchasing Skills Buyer Training 52

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. A recent article in Logistics Viewpoints noted that UPS estimated that post-holiday returns were up 23% in 2020. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

10xLogistics

MAY 19, 2021

It started with a supply disruption out of China in late 2019 / early 2020. We then went into a demand crisis in April / May of 2020 and then for many industries it very quickly turned right back to a supply crisis. Much of this has been covered and many articles written so I will not rehash them here. Focus on solving problems.

Supply Chains 62

Supply Chains Examples Capacity Cargo 62

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Logistics Bureau

DECEMBER 4, 2023

It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Bureau

SEPTEMBER 21, 2020

To get a better understanding of how the shared economy works within the supply chain, let’s take a look at some examples: Example #1: Amazon Flex. Example #2: Airtasker. Example #2: Airtasker. It works like this: A poster, for example, needs someone to assemble furniture bought from Ikea. Other Examples.

Supply Chain Design Software 101

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 101

Shipping and Freight Resource

SEPTEMBER 21, 2020

The below article by Mikael Lind , Research Institutes of Sweden (RISE), Jonathan C. The ship broker will also benefit from new business opportunities arising from digitalization, such as having more up-to-date information about, for example, the status, position, and condition of ships to be sold and/or available for charter.

Digital 94

Digital Optimal Sourcing Maritime Purchasing Skills 94

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Those levels are “benchmarks”.

Supply Chains 79

Supply Chains How To Scenario Planning Cost Reduction 79

Turvo

OCTOBER 21, 2021

What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Through this article, we explore the reasons for these rate increases and the correlating scenarios where the freight rates would potentially drop. . Reason for the drastic increase in freight prices .

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

GlobalTranz

DECEMBER 22, 2020

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

Envase Technologies

DECEMBER 14, 2022

And that’s what made for an excellent setting to talk about Envase’s growth since our 2020 founding into North America’s largest drayage/TMS service provider. Sarah cares a great deal about the industry, especially about solving the challenges that drivers face every day on the road.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 97

Blue Grace Logistics

JUNE 13, 2022

Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. ” READ THE FULL ARTICLE HERE. Leaf Logistics Inc. DROP AND HOOK.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

Logistics Business Magazine

FEBRUARY 17, 2023

However, achieving major growth was not possible with just ironing articles alone. Today, the company from Hilden near Düsseldorf offers more than 5,000 articles from the areas of lingerie, bathroom, living, kitchen, and leisure – with patents or property rights for around 1,500 products. The two are also pursuing new ideas.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 62

SYSPRO Smarter ERP

OCTOBER 11, 2021

For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. In the pharmaceutical example, it is a batch process manufacturing where the products are made as specified groups. Mid-size manufacturers operate mainly in the batch process space and that is what this article focuses on.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Those levels are “benchmarks”.

Supply Chains 62

Supply Chains How To Scenario Planning Cost Reduction 62

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. Example : ROTVI.ATL was 250 as of August 1. As more data flows into SONAR, the reefer predictive rates grow more accurate.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

Turvo

DECEMBER 7, 2021

According to the Shanghai index (SCFI) , freight is around $2,900 for twenty-foot containers (TEUs), almost three times the $1,000 registered in the first week of January 2020 and 3.6 Global container production fell 40% in the first half of 2020 compared to the same period in 2019 due to the coronavirus.

Price Reduction 77

Price Reduction Operations Freight Logistics Network Optimization Software 77

Talking Logistics

NOVEMBER 10, 2017

Data and predictions have been all over the map. This week, for example, CCJ reported that “60 percent of fleets running between 1 and 100 trucks have yet to adopt ELDs, according to a recent survey conducted by CarrierLists.” Data from transportation procurement events mirror these results.

Supply Chain Planning Software 0

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Survey 0

Freightos

OCTOBER 31, 2022

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. What Goes Up, Must Come Down. So what does it mean?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chains Manufacturing Procurement Scenario Planning 62

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Material Handling and Logistics

OCTOBER 22, 2018

“Robotics, Big Data manipulation, machine learning and artificial intelligence techniques are enabling machines to match or outperform humans in a range of work activities, including ones requiring cognitive capabilities,” explains Richard E. Innovation, creativity and communications are the skills on that next rung. Pero is finding.

Negotiating Skills 158

Negotiating Skills Buyer Training Supply Chain Software Supply Chains 158

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2]

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Trinity Logistics

SEPTEMBER 22, 2023

One example is UPS Healthcare developing a system and opening facilities to move medicines safely. For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. percent from 2018 to 2020.

Trends 66

Trends Waste Reduction Industry Supply Chain Planning Software 66

Turvo

OCTOBER 14, 2021

In fact, the yearly turnover rate for major truckload carriers increased to 92% in 2020, while it increased to 74% for smaller freight carriers. Despite the slump all industries faced post the pandemic, truck driver turnover rates rose by double digit percentage points in 2020. Provide education and training: . Automate documentation.

Inventory Reduction 75

Inventory Reduction Cost Reduction Trucking Logistics Network Optimization Software 75

IoT World Today

MAY 21, 2020

Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Data Visibility in the Supply Chain. Today, China represents some 16% of global GDP.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Morai Logistics

SEPTEMBER 9, 2020

In the year of the pandemic, technology is more important than ever for supply chains—here are four more technological trends to pay attention to in 2020. Last week’s article covered four of the most prominent technology trends this year as outlined by Gartner. Supply chain technology comes in many forms. Artificial intelligence.

Supply Chain Software 68

Supply Chain Software Supply Chains Logistics Network Optimization Software Trends 68

Conger

JULY 28, 2022

In this article, you’ll: Learn the top safety guidelines for warehouses. We’ll talk more about specific risks later in the article, but briefly, warehouse workers commonly face hazards associated with: Forklifts and other material handling equipment. million reported warehouse injuries and illnesses in 2020, down from 5.7%

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Business Magazine

APRIL 23, 2021

Already stressed relationships with international suppliers, overburdened transport systems, a lack of end-to-end supply chain visibility, and outdated processes for monitoring and responding to demand, collapsed in February 2020. In 2020 we saw the largest global manufacturing and factory shutdown since the 1940s.

Supply Chain Software 61

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 61

EazyStock

MAY 20, 2020

In a more recent HBR article , Katy George, Senior Partner at McKinsey, provided four key reasons why investing in digitalization is crucial to businesses looking to survive/grow during economically challenging times: It helps reduce operational costs and improve productivity. They invested in assets such as technology, plant and machinery.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 52