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2023 Expectations for Ocean Shipping and the Broader Shipping Industry

MTS Logistics

After a tumultuous two and a half years, in 2023, it seems like tides are turning in shipping and a normalization which has already started might be here to stay. The definition of normalization is difficult to come by. Lower freight rates. For ocean freight rates, it is just the perfect storm to have downward pressure.

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Cargo Chat: BlueGrace Execs Talk Nearshoring

Blue Grace Logistics

Jose Fernandez: It’s definitely the pandemic. 1 benefit, I would definitely say, is the flexibility and the scalability that you can have. Because most of these companies, their first step will be to build some sort of factory, some sort of distribution center in Mexico that would bring their supply chain closer to the U.S.

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Setlog cooperates with CSR consultancy

Logistics Business Magazine

The German Due Diligence Act will apply to companies with more than 3,000 employees from 2023, while companies with more than 1,000 employees will be liable as of 2024. In addition to the introduction of supplier questionnaires, the definition of processes and reporting structures are among the most important tasks.

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FourKites Visibility 2023: CONNECTED

Logistics Viewpoints

Last week I attended FourKites Visibility 2023 in Chicago, IL. CEO Matt Elenjickal kicked off Visibility 2023 with his keynote. C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs.

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

Concurrent Optimization for Lower Total Cost to Serve Traditional planning systems operate within the scope of classical silo definitions: demand forecasting, inventory optimization, replenishment planning, production planning, materials planning, transportation planning, order fulfillment, etc.,

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What Are Order Pickers? [Definition, Types, Pros/Cons, Uses]

Conger

Here’s a simple order picker definition: Order pickers are material handling equipment used to pick and transport items from shelving or pallet racking to help fill orders in warehouses and distribution centers. If you’re shopping for an order picker in 2023, you can expect to pay anywhere from $10,000 to $24,000 or more for a used one.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

It is based on, and expanded from, a talk I gave at the 2023 TWI Summit. The Mechanistic View in Industry What do I observe that might lead me to conclude that the mechanistic view prevails in a business or factory? I asked this question to an audience of about 60 people (as I gave this talk) at the 2023 TWI Summit. or Team A?