Logistics Business Magazine

MAY 31, 2023

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Economic pressures could put vital investments in companies’ strategies, as well as in other safety initiatives, in jeopardy.” During 2022, 38 total losses of vessels were reported globally, compared with 59 a year earlier.

Expense Reduction 51

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 51

The Logistics Academy

JULY 26, 2017

One example is the upcoming next-generation Logistics Hub that will house a multi-story Inland Container Depot (ICD), featuring a modern crane system, a multi-tenant logistics center, as well as a heavy vehicle park. Another example of effective collaboration is the Logistics Professional Conversion Program.

Sourcing Strategies 60

Sourcing Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Software 60

MTS Logistics

APRIL 3, 2023

Overcoming Inflation in the Shipping Industry: Consolidation and LCL Shipping To overcome the effects of inflation, companies can adopt some strategies to reduce their costs. One of most advantages are consolidation and LCL shipping which can potentially help businesses reduce the amount of space required in warehouses.

Inventory Reduction 95

Inventory Reduction Cost Reduction Price Reduction Supply Chains 95

Logistics Business Magazine

APRIL 7, 2021

For example, it can help us improve communications between sea and land. In addition, the analysis of application scenarios for the port/industry complex is also of interest for EDF as an industrial company. 5G’s low latency is a real breakthrough in this area, especially for micro-grids. “In

Security 36

Security Networks Industry Logistics Network Optimization Software 36

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 The maritime industry — 90% of world trade travels by sea — is notoriously manual. But those new sourcing strategies must be informed by an accurate data platform that can conduct risk analysis.

Supply Chain Planning Software 145

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

MTS Logistics

MARCH 11, 2024

In the report, it was stated that fluctuating freight markets and interrupted deliveries put global maritime transportation under pressure, and the following statements were made: “Increasing security concerns primarily means higher premiums for the insured. Choosing alternative routes doesn’t really decrease insurance costs much.

Security 100

Security Cost Reduction Maritime Conference 100

MTS Logistics

JULY 5, 2023

In London this week, the International Maritime Organization (IMO) has been meeting to discuss progress on reducing greenhouse gas emissions through pollution-reducing policies in ocean shipping and to set new goals for the future. While large economies like the U.S. are pushing for much tighter rules, other countries are skeptical.

Maritime 85

Maritime Meeting Government Efficiency 85

247 Customs Broker

JUNE 7, 2018

But a more measured analysis comes from the consultancy AlixPartners , which has produced a body of research suggesting that there may still be more problems than solutions in the short term. Esben Christensen , global co-head of AlixPartners’ maritime practice, says that he has his doubts about a reversal of fortune, however.

Cost Reduction 28

Cost Reduction Cargo Price Reduction Resource Reduction 28

Blog on Log

NOVEMBER 15, 2007

Damas said companies are contemplating sourcing to less remote countries than China because of the weakening of its traditional pillars of low labor costs, favorable exchange rates and low maritime costs. We expect this near-sourcing logistics strategy to become more common, although it will not work for all products."

Manufacturing Procurement 40

Manufacturing Procurement Sourcing Strategies Cost Reduction Sourcing 40

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. Executive Insights is your chance to pick the brains of industry veterans, leaders, and enablers.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

MTS Logistics

MARCH 3, 2023

We explore the expectations for greener shipping in 2023 and the strategies that shippers can use to ensure cleaner shipping in their operations. For example, some companies are already looking into autonomous shipping, which could reduce the need for human labor and therefore reduce emissions. For example, just this month, large U.S.

Trends 79

Trends Supply Chain Design Software Price Reduction Supply Chain Software 79

Automotive Logistics

JANUARY 18, 2018

Renesas Electronics, for example, the world’s largest manufacturer of automotive microcontrollers, was forced to cut production by 70%, shifting from its badly damaged Naka wafer fabrication factory in the Japanese coastal city of Hitachinaka to a number of other sites around the company. “For Increasingly, those providers do exist.

Supply Chain Planning Software 28

Supply Chain Planning Software Manufacturing Procurement Supply Chain Software Purchasing Skills 28

247 Customs Broker

MARCH 2, 2018

Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. With this news still very much in the early stages, the supply chain and global logistics-type takeaways are not necessarily clear cut, but that does not mean there is a lack of opinion or analysis. It’s easy!”.

Scenario Planning 28

Scenario Planning Cost Reduction Negotiating Skills Material Savings 28

247 Customs Broker

OCTOBER 3, 2018

Maritime analysts at Xeneta , a global benchmarking and market intelligence platform based in Oslo, Norway, note that carriers operating in the trans-Pacific have been able to make their general rate increases (GRIs) stick through early autumn.

Price Reduction 28

Price Reduction Sourcing Strategies Waste Reduction Resource Reduction 28

Logistics Viewpoints

APRIL 19, 2024

A logistics strategy called transloading , used by trucking companies during the pandemic to ease the container backlog, is increasing in popularity again after U.S. The April 5 incident is one of hundreds in which massive cargo ships lost propulsion, many near bridges and ports, according to a Washington Post analysis of Coast Guard records.

Logistics Network Optimization Software 128

Logistics Network Optimization Software Logistics Procurement Analytics Purchasing Skills 128