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3 Tips For Shipping Strategy Success In 2021

GoShip Blog

Preparing a successful shipping strategy for 2021. It is easy to get swept away with everyday tasks and become reactive, but it is critical to stay proactive and be aware of the general changes going on in the market that can indicate how small businesses should function moving forward. Kick start 2021 with GoShip.

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Supply Chain Market Outlook: 2021 Holiday Season Edition

MTS Logistics

As we enter the 2021 holiday season, it is clear now that businesses are struggling more and more every day to fulfill orders from U.S. The shipping industry has been faced with countless Covid-related issues during the pandemic. These costs are, of course, passed along to shippers through bunker adjustment factors (BAFs).

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

For instance, the image shows a wait time of 135 minutes on February 21, 2021, one week following Winter Storm Uri. However, the current wait of 99 minutes on March 7, 2021 is significantly lower than the wait time observed in recent years. It is what sets manufacturing supply chain companies apart. Request a SONAR Demo.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

You can also select KPIs to monitor performance in other aspects of supply chain activity, such as safety and health, sustainability, and regulatory compliance if that is a critical feature of your industry. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

How to overcome demand forecasting challenges. Use this data for your forecast instead of simply using taking the figures from 2020 or 2021 when demand data could be skewed due to the ‘coronavirus effect’. For example, up-to-date information from your staff, customers, and, of course, industry bodies.

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‘Business as usual’ is no longer an option

Logistics Business Magazine

Glasgow’s COP26 in November 2021 shone a light on the impact that freight and logistics have on the. planet and the general consensus among industry leaders is that the ‘business as usual’ approach is simply no longer an option if a sustainable future is going to be achieved.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. billion by 2021.