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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% This competition can result in landslide of freight rates, making it challenging for shipping companies to maintain profitability. Considering higher capacity, with reduced demand, these tools have barely any impact. increase from 2020.

Analysis 101
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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

A resilient supply chain can maintain its functionality and performance, minimize losses, and adapt to changing conditions. Robustness is the ability of a supply chain to resist disruptions and maintain its normal operations. These dimensions are briefly defined and illustrated below.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

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What is Preventive Maintenance: Staying Ahead of the Curve

Conger

Examples include cleaning and lubricating the moving parts or replacing parts before they wear out. The Benefits of Preventive Maintenance Safety: Regularly maintained equipment poses fewer safety risks to operators. Efficiency: Well-maintained machines operate at optimal levels that lead to increased productivity.

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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

Why manufacturers should consider AI Generative AI (GenAI) and Machine Learning tools are being added to ERP solutions at a rapid pace, bringing new levels of automation and efficiency to business processes across the manufacturing enterprise. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

ERP 59
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Maximize Ecommerce Supplier Relationships

Ship Monk

We’re going to take a little time today to explore the benefits of maintaining a positive relationship with your suppliers. SRM is more than a one-and-done analysis. It’s an ongoing process that can be particularly important for businesses trying to maintain a competitive edge. And the benefits can be significant.