Logistics Business Magazine

NOVEMBER 24, 2022

The big question for transportation professionals as we head into the new year is what does 2023 have in store? Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logistics service providers. From resilience to optionality.

Trends 72

Trends Sourcing Strategies Transportation Cost Reduction 72

3PL Links

APRIL 26, 2023

Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! 5 Ways to Manage Lean Logistics Effectively With this quarter of the year closing, logistics experts will be asking themselves one question above all others: what will the rest of 2023 bring? The emphasis will center around making more space for maneuvering.

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Price Reduction Trends 62

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. trillion by 2023.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Now, That's Logistics

DECEMBER 13, 2022

in 2021 and that the sector will post a compound annual growth rate (CAGR) of almost 5% over the next four years. billion in 2021 and that it’s expected to reach $505.3 The post Six Contract Logistics Trends to Watch in 2023 appeared first on DB Schenker. billion by 2031.

Trends 60

Trends Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software 60

Freightos

JANUARY 15, 2024

And the answer lies in how their 2023 went too. This is a significant shift from late 2021, when 93% faced serious disruptions. This ensured that today’s partial blockage of the Suez Canal, while disruptive, is still far less impactful than its far more meme-worthy 2021 relative in which the Evergiven blocked the canal.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

The Logistics of Logistics

MAY 26, 2023

Hannah was named an SDCE 2023 Supply Chain Pro to Know and 2021 WE USA Top WBE CEO. Excellence and innovation: ALOM specializes in designing and implementing innovative and sustainable supply chain strategies that help customers gain a competitive edge and increase brand loyalty.

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Outsourcing 287

Carter Logistics

MARCH 10, 2021

In 2021, the Food Shippers of America did have a virtual webcast event that featured Mr. Bob Costello, Chief Economist and Senior Vice President of International Trade Policy and Cross Border Operations of the American Trucking Association (ATA). trillion US dollars, his forecast for 2021 is a good economy that can last well into 2022.

After-sales 78

After-sales Inventory Reduction Construction Conference 78

The Logistics of Logistics

JANUARY 13, 2023

Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. Meet with Amplio @ IPC Apex Expo 2023. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers.

Manufacturing Procurement 256

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 256

Logistics Viewpoints

JANUARY 12, 2024

In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. went out of business in 2023. percent of U.S.

Inventory Reduction 155

Inventory Reduction Logistics Network Optimization Software Price Reduction Resource Reduction 155

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. At American Airlines there was a 34.1

Cost Reduction 141

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 141

Locus

SEPTEMBER 24, 2021

US holiday retail sales in 2021 will rise 2.7% – US Holiday 2020 review and Holiday 2021 Preview, Emarketer Insider Intelligence, Feb 2021. Before preparing themselves for peak season sales, businesses should know the upcoming trends so that they can devise effective strategies. in 2021 to $933.30

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 52

Logistics Business Magazine

NOVEMBER 8, 2023

This is according to Efficio’s latest report, Category Insights & Outlook H2 2023 which provides a summary of global supply chains as of Q3 2023. Metal prices are forecast to fall by 8% in 2023 and a further 3% in 2024. Nonetheless, the situation remains volatile, uncertain, complex, and ambiguous.

Supply Chains 68

Supply Chains Food and Agriculture Price Reduction Cost Reduction 68

Ship Monk

FEBRUARY 27, 2024

For instance, last year when ShipMonk landed on the 2023 Inc. That facility joined our extended global network in 2021, and was one part of an ongoing strategy to expand our reach worldwide so our clients have the fastest, most affordable shipping possible.

Vendor Strategies 84

Vendor Strategies eCommerce Cost Reduction 3PL 84

WorkWave

JANUARY 4, 2022

If your business is up and running, then you’re already aware of the market standards of 2021. through 2023. The post Top 10 Food Industry Predictions for 2022: A Strategy for Success appeared first on WorkWave. Even farmers seem to be participating in this phenomenon and for good reason. billion at a CAGR of 23.4%

Sourcing Strategies 105

Sourcing Strategies Food and Agriculture Strategy Industry 105

Logistics Viewpoints

JANUARY 13, 2023

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. According to Forbes, Musk’s net worth dropped from a peak of $320 billion in 2021 to $138 billion as of January 2023, largely due to the poor performance of Tesla’s stock.

Expense Reduction 129

Expense Reduction Inventory Reduction Material Savings Sourcing Strategies 129

Logistics Business Magazine

MARCH 14, 2023

This translates into a year-on-year gain of 18 percent (2021: 2.54 The equity ratio also rose and has been restored to its previous level of 60 percent (2021: 57 percent); this increase underlines the company’s resilience and demonstrates that Gebrüder Weiss offers its workforce secure jobs. billion euros for fiscal 2022.

Supply Chain Planning Software 70

Supply Chain Planning Software Cost Reduction Logistics Network Optimization Software Sourcing Strategies 70

Freightos

APRIL 25, 2024

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. From Q3 2021 to early 2022, Freightos Air Index China-U.S. These rates dipped to around $3.50/kg

Cost Reduction 87

Cost Reduction Cargo Price Reduction Resource Reduction 87

Logistics Viewpoints

APRIL 5, 2024

Blue Yonder was acquired by Panasonic in 2021. This deal, when completed, will mark approximately $1 billion in M&A investments since the fourth quarter of 2023. Crafting an effective returns strategy is a particularly pressing challenge for online sellers. One Network offers the most agile solution in the market.

Supply Chain Planning Software 140

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Scenario Planning 140

Blue Grace Logistics

MAY 1, 2023

I think the pandemic and the 2021 supply chain issues coming out of Asia really got people looking at nearshoring as a viable option,” Schara told FreightWaves. We took the opportunity to listen to our customers and roll out a strategy and hire Jose, somebody that’s done this before, and he’s done it before in a very successful manner.”

Resource Reduction 62

Resource Reduction Cost Reduction Logistics Network Optimization Software Case Study 62

Locus

SEPTEMBER 14, 2021

E-commerce is among the most promising omnichannel retail strategies. share of chain retail sales by 2023, up from 30% in 2021. Fuelled by e-commerce, leading carriers are expecting a massive crunch in capacity to meet the overwhelming demand expected in 2021. for the United States in 2020. growth last year.

Negotiating Skills 52

Negotiating Skills Optimization Software Supply Chain Planning Software Cost Reduction 52

The Logistics of Logistics

JUNE 23, 2023

His latest books include The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19 (2020) and A Shot in the Arm: How Science, Engineering, and Supply Chains Converged to Vaccinate the World (2021). and The Future of Work, was released in April 2023.

Supply Chain Software 335

Supply Chain Software Supply Chains Optimization Software Logistics Network Optimization Software 335

Blue Grace Logistics

JUNE 20, 2023

Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. More recently, it has had to adjust its strategy.

Resource Reduction 98

Resource Reduction Supply Chain Software Case Study Conference 98

Logistics Business Magazine

JANUARY 19, 2023

This change is part of the European strategy of the company’s owner, Mitsubishi Logisnext Europe (MLE). back in 2017, Mitsubishi Logisnext Group has applied the strategy of ensuring that all wholly owned subsidiaries are taking Mitsubishi Forklift Trucks branded products to market in Europe.

Material Savings 68

Material Savings Materials Handling Supply Chain Design Software Supply Chain Design 68

Logistics Business Magazine

SEPTEMBER 25, 2023

Activities focused on implementing measures that were defined in the sustainability strategy developed back in 2021. The sustainability strategy takes equal account of ecological, social and economic aspects. Based on this analysis, a climate strategy with measurable reduction goals for the coming years was derived. “In

Material Savings 63

Material Savings Vendor Strategies Sourcing Strategies Resource Reduction 63

Logistics Business Magazine

JANUARY 10, 2023

EUROGATE Intermodal GmbH (EGIM), Hamburg-based provider of combined transport, will include EUROGATE Container Terminal Wilhelmshaven (CTW) in its network of rail connections starting mid-January 2023. Beginning 16th January 2023, EGIM will add Wilhelmshaven, Germany’s only deep-water port, to its portfolio of connections.

Price Reduction 73

Price Reduction Logistics Network Optimization Software Groups Transportation 73

Blue Grace Logistics

MARCH 13, 2023

Kim Bellware | Reporter, The Washington Post March 13, 2023 Blame the coronavirus pandemic for the wildly vacillating supply and demand over the past two years: a surplus of unsold cookies in 2021 and supply chain issues in 2022. This year is seeing similar problems.

Supply Chains 89

Supply Chains Manufacturing Procurement Sourcing Strategies Resource Reduction 89

Logistics Business Magazine

DECEMBER 13, 2022

After a Dachser career spanning 20 years, a little over four of them at the helm of ASL, Podestà will step down from active working life at the end of 2023. “Dr. He worked in controlling and strategy development before being given responsibility for Corporate Governance. Since 2021, he has also been leading the ASL EMEA business unit.

After-sales 67

After-sales Course Logistics Network Optimization Software Freight 67

The Logistics of Logistics

APRIL 21, 2023

Prior to Flock, he played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics – a UPS Company, a leading provider of non-asset based 3PL solutions across North America and Europe. To learn more or to subscribe to the 2023-24 series, visit www.pickettresearch.com.

Supply Chain Design Software 276

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Waste Reduction 276

Logistics Business Magazine

OCTOBER 18, 2022

million sq ft in Q3 2023. million sq ft, a 22% drop when compared to the first three quarters of 2021. Some occupiers are also likely to be planning in advance and opting for purpose-built warehouses to fit in line with their long-term business strategies. down quarter-on-quarter, taking the total to end-Q3 to 31.5 in July 2022.

Logistics 60

Logistics Scenario Planning Data Construction 60

Blue Grace Logistics

JANUARY 27, 2023

Henry Queen | Reporter, Tampa Bay Business Journal January 27, 2023 If 2021 was the year that companies generally regretted not having enough inventory, then 2022 was the year they regretted having too much. What will 2023 bring for the economy of durable goods?

Logistics Network Optimization Software 62

Logistics Network Optimization Software Inventory Reduction Cost Reduction Resource Reduction 62

Now, That's Logistics

NOVEMBER 21, 2022

of the nation’s freight by weight , representing roughly 11 billion tons of freight (primary shipments only) in 2021. In fact there are three trends we see that are important in 2023”. In the US, trucks move roughly 72.2% According to the ATA, 38.9 million as of June 2022. Addressing the Persistent Driver Shortage.

Transportation 103

Transportation Trucking Freight Capacity 103

Logistics Viewpoints

NOVEMBER 10, 2023

New research from Moody’s Investors Service finds that the use of carbon offsets in corporate carbon transition strategies can pose financial and reputational risks if they are not applied as part of a credible, science-based approach. That condition continued even as the pace of new building deliveries quickened over 2023.

Inventory Reduction 141

Inventory Reduction Expense Reduction Price Reduction Logistics Network Optimization Software 141

Blue Grace Logistics

MARCH 21, 2023

Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search Dana Ricksecker - March 21, 2023 A stressed supply chain is making businesses reconsider alternatives. Two strategies that have become more common to hear about are nearshoring and friendshoring. What is Friendshoring?

Cost Reduction 62

Cost Reduction Resource Reduction Material Savings Sourcing Strategies 62

Freightos

JANUARY 3, 2024

The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. In 2021 and 2022 an extreme surge in demand for goods that overwhelmed ports was the main culprit of disruptions and spiking rates.

Negotiating Skills 120

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 120

Logistics Viewpoints

DECEMBER 16, 2022

And the jury is still out on what 2023 will hold. Forecasts call for freight rate slumps in 2023. The legislation, which is entitled the National Development Strategy and Coordination Act of 2022, would require Cabinet-level agencies to identify weaknesses in supply chains that could impact national security and domestic manufacturing.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Price Reduction Logistics 120

Logistics Viewpoints

NOVEMBER 6, 2023

Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023. The project was officially launched in 2021 and by January 2022, 100 suppliers had declared their carbon footprint.

Supply Chain Planning Software 134

Supply Chain Planning Software Resource Reduction Material Savings Procurement Analytics 134

Logistics Viewpoints

AUGUST 19, 2022

Grocery trade group prepares for 2023 launch of stricter food tracing regulations. The company was aiming for a 2023 rollout, but CEO and co-founder Chris Urmson said that “supply chain constraints” have hindered the company’s ability to scale production. Finch Corporate Strategy Services acted as exclusive advisors to MPO.

Supply Chain Planning Software 119

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Cost Reduction 119