Ship Monk

OCTOBER 7, 2020

You don’t have to hear it from us to know that 2020 has been a wild ride, the effects of which have spilled over into every major facet of our society — and retail is no exception. Some examples we’re currently seeing are: Face masks Hand sanitizer Cleaning supplies (Bonus points if they’re eco-friendly!) Ladies and gents, it’s here.

eCommerce 93

eCommerce Supply Chain Planning Software Procurement Solutions Inventory Reduction 93

ShipLilly

OCTOBER 14, 2021

The Pacific hurricane season can be deadly and disruptive to the industry. For example, when a port is shut down, flights are often cancelled as well. The National Oceanic and Atmospheric Administration (NOAA) has predicted that starting in 2020, there will be a noticeable increase in hurricanes.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Cost Reduction 84

IoT World Today

MAY 21, 2020

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020. The maritime industry — 90% of world trade travels by sea — is notoriously manual.

Supply Chain Planning Software 145

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

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. – Customers’ wishes on last mile services from retailers 2020.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

CLX Logistics

JULY 26, 2021

Let’s look at the facts – the percentage of supply chain managers using new analytics tools and services to develop better bidding strategies has increased from 17% in 2017 to more than 30% in 2020. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

ShipLilly

FEBRUARY 24, 2020

This was welcome news after the trade war has significantly affected the volumes and viability of the two industries. Certainly, the players within the industry will continue to deal with the fallout of this trade dispute for years to come. One of the early examples of upheavals in the industry started in 2002 when U.S.

Sourcing Strategies 60

Sourcing Strategies Cost Reduction Strategy Negotiating Skills 60

Logistics Viewpoints

NOVEMBER 22, 2022

The number of accidents in the trucking industry is up, and so are insurance premiums. As an example, from data taken from the ATRI report, in 2020 a small fleet of fewer than 20 trucks would have paid about three times as much as a large fleet with more than 1,000 trucks. Agencies Advocate Tort Reform.

Cost Reduction 125

Cost Reduction Expense Reduction Tips Trucking 125

Logistics Viewpoints

NOVEMBER 30, 2023

The warehousing and distribution industry is highly reliant on technology for its operations. This article will explore some of the key impacts of cyberattacks in the warehouse and distribution industry, as well as strategies businesses can employ to protect themselves from these threats.

Distribution 144

Distribution Cost Reduction Vendor Strategies Inventory Reduction 144

MTS Logistics

JULY 5, 2023

With the IMO’s well-known IMO 2020 rules, which went into effect January 1, 2020, the goal was to get to a 50 percent reduction in greenhouse gas emissions by 2050. IMO 2020 was next, and the Covid pandemic threw a wrench in benchmark levels as shipping activity was drastically altered in the period between 2020 and 2022.

Maritime 83

Maritime Meeting Government Efficiency 83

Now, That's Logistics

FEBRUARY 19, 2024

Fulfilling a Critical Need DB Schenker’s GDP initiative was launched in 2020 in response to the healthcare industry’s specific needs for GDP-compliant freight forwarding and logistics services. For example, the company can handle any medical devices that may be sensitive to humidity—even on longer ocean voyages. “We

Distribution 78

Distribution Temperature Freight forwarding Logistics Network Optimization Software 78

ShipLilly

APRIL 7, 2021

The shipping industry is currently dealing with severely strained container availability. The comparative statistics of the 30th of November 2020 against the 31st of January 2021 indicate a dramatic spike in just two months. For example, by the third week of February 2021, only 943 had been unloaded from ONE Apus.

Cost Reduction 59

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 59

Logistics Business Magazine

APRIL 8, 2022

The beverage industry is undergoing a prolonged period of significant change that is making warehouse automation a highly attractive option for companies of all sizes across the sector, says Paul Freeman, Head of Logistics Solutions, Toyota Material Handling. Improved safety.

Supply Chain Software 55

Supply Chain Software Automation Material Savings Cost Reduction 55

The Logistics of Logistics

OCTOBER 28, 2020

With a background in video advertising and a successful corporate consulting track record, Zach is passionate about educating the logistics industry on the power of marketing and clean processes. Example: Saying “We service the hell out of our freight” then falling flat after 3 months and leaving the shipper hanging.

Price Reduction 150

Price Reduction Resource Reduction Logistics Network Optimization Software After-sales 150

Logistics Business Magazine

DECEMBER 13, 2019

Eighty-five percent of logistics leaders expect that their outsourcing budget will increase by more than 5% in 2020, according to Gartner, Inc. Evaluating different outsourcing strategies has become a priority for logistics leaders.”. Already for 2019, 85% reported a similar budget increase. Rogerson explained. “To

Gartner 28

Gartner Outsourcing Resource Reduction Supply Chain Planning Software 28

ShipLilly

FEBRUARY 12, 2021

The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. The unusually late-year surge in imports during 2020 has continued this year. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

MTS Logistics

JULY 21, 2023

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 Statistics and Examples 1.

Cost Reduction 64

Cost Reduction Document Expense Reduction Supply Chains 64

GlobalTranz

JANUARY 17, 2017

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. For example, the aeronautics’ giant, Lockheed Martin, has embraced augmented reality during the manufacturing and repair processes, explains Industry Week. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Addressing industry pain points with ERP. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP.

Manufacturing Procurement 119

Manufacturing Procurement ERP Distribution Supply Chain Software 119

Trinity Logistics

JUNE 23, 2023

 One example is helping you with your routing decisions by matching your freight with the best carriers, lanes, rates, and transit service. It THINK ABOUT ONSHORING Onshoring is a strategy that HVAC contractors and plumbers can use to mitigate supply chain woes and improve competitiveness. Onshoring

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 94

ShipLilly

MAY 19, 2021

There has been a void in logistics labor supply since 2020 and now it is time to think about filling it. Logistics offers employment for those workers that have been displaced in other industries. In mid-March 2020, we were seeing historically low unemployment rates which meant that few workers wanted to operate in logistics.

Supply Chain Software 69

Supply Chain Software Supply Chain Planning Software Supply Chains Resource Reduction 69

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

Inventory Reduction 87

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ShipLilly

NOVEMBER 18, 2021

The history of the trucking industry has been churning and recycling drivers because it was a buyer’s market. For example, scheduled places in the lines are lost. Examples include sleeping in their trucks near the lots of the plants. In addition, these working conditions may open the industry to expensive industrial disputes.

Trucking 97

Trucking Expense Reduction Resource Reduction Scenario Planning 97

Now, That's Logistics

NOVEMBER 21, 2022

million registered trucks traveled a total of 302 billion miles in 2020 and the number of for-hire carriers on file with the Federal Motor Carrier Safety Administration totaled just over 1.1 This will allow the industry to “close the gap” caused by demand for freight, projected retirements and other issues. According to the ATA, 38.9

Transportation 103

Transportation Trucking Freight Capacity 103

IoT World Today

MAY 24, 2021

Organizations need to build supply chain resiliency into their strategies in the face of an increasingly connected world with new attack vectors. The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand. As a result, industry in the U.S. Know where data is.

Supply Chain Planning Software 105

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

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management.

Cost Reduction 106

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 106

SYSPRO Smarter ERP

NOVEMBER 22, 2021

When embarking on your ERP journey it’s vital to select a vendor that can cater to your industry-specific challenges and that will partner with you as a trusted advisor at every step of the way. For example, reports and analytics in your ERP system can help you identify areas where improvements can be made.

ERP 111

ERP Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 111

Logistics Viewpoints

JANUARY 26, 2021

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts. A Positive Example. Natural disasters.

Supply Chain Software 161

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 161

Logistics Viewpoints

FEBRUARY 3, 2022

planning offers an alternative to swinging the pendulum and as the strategy that provides the supply chain resilience leaders seek. As you evaluate strategies to mitigate risk and build resilience, beware of headlines blaming JIT inventory practices and recommending a move to JIC. JIT isn’t the main problem, and JIC isn’t a solution.

Inventory Reduction 174

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 174

ShipLilly

OCTOBER 26, 2021

The latest logistics report indicates several patterns that should be of interest or even concern to the entire shipping industry. Certainly, supply chain disruptions may continue to plague this industry. Because the shipping industry is already in operational turmoil, this analysis adds to the sense of urgency and perhaps panic.

Cost Reduction 98

Cost Reduction Purchasing Skills Inventory Reduction Transportation 98

Now, That's Logistics

NOVEMBER 9, 2021

Retail ecommerce increased by 75% in 2020 in Canada and is on track to expand by another 12% in 2021, according to eMarketer. This shift isn’t expected to wane anytime soon, and it’s forcing shippers to rethink their business strategies as they tackle current challenges and plan for the future. A Fresh Take on E-fulfillment.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Freightos

JANUARY 8, 2019

As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. Amazon is coming.

Freight 60

Freight Negotiating Skills Digital Tracking and Tracing 60

Now, That's Logistics

SEPTEMBER 8, 2020

Already impacted by 2019’s trade and tariff wars—and the subsequent fluctuations in overseas freight movement—North American ports moved into 2020 with some experience navigating disruption already under their belts. increase from May 2019,” Port Strategy reports. Multiple Scenarios. Imports grew 7.6% to 134,556 TEUs.

Expense Reduction 78

Expense Reduction Cargo Strategy Analysis 78

Logistics Viewpoints

APRIL 24, 2023

The supply chain design solution, for example, continues to grow in depth and usability. In fact, when Coupa acquired LLamasoft – the leading supply chain design software vendor – back in 2020, the product synergies were not at all clear to me. I see no evidence that less money is being invested in product development.

Supply Chain Design Software 121

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 121

ShipLilly

MARCH 5, 2020

Two critical issues will have to be addressed by all Trans-Pacific Ocean carriers in 2020. 2020 carrier strategy. For example, members of the Ocean Alliance (including CMA CGM/APL, Cosco Shipping/OOCL, and Evergreen Line) announced in November 2019 that they were going to use nine blank sailings in February 2020.

Negotiating Skills 52

Negotiating Skills Cost Reduction Price Reduction Capacity 52

IoT World Today

APRIL 18, 2019

Larry De Shon, president and chief executive officer of Avis Budget Group, which owns Avis Car Rental, Budget Car Rental and car-sharing firm Zipcar, among others, has a fresh perspective on the car rental industry. ( How did you transition from the aviation industry to the car rental industry?

Groups 58

Groups Modeling Software Logistics Network Optimization Software Industry 58

FreightWaves SONAR

SEPTEMBER 29, 2023

When planning for the future, industry players should thus use insights from commodity-based modeling. For example, as seen in scenario A1, the global unconstrained demand for air cargo will fall by 14% of pre-crisis volumes in the second quarter of 2020 and will not rebound to 2019 levels until around mid-2022.”

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

Logistics Bureau

NOVEMBER 11, 2020

Corporate training is now a $200 billion USD industry, with e-learning taking up more than half of this amount. Corporate training has since then become so popular that it is now a $200 billion USD industry, with e-learning taking up more than half of this amount, according to a recent report. billion USD between 2020 and 2024.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Buyer Training Training 75