Shipping and Freight Resource

SEPTEMBER 21, 2020

The ship broker will also benefit from new business opportunities arising from digitalization, such as having more up-to-date information about, for example, the status, position, and condition of ships to be sold and/or available for charter. Ship agents and ship brokers constitute a substantial part of the work force in the maritime sector.

Digital 94

Digital Optimal Sourcing Maritime Purchasing Skills 94

247 Customs Broker

SEPTEMBER 25, 2018

For example, many retailers are battling low margin and are seeking to optimize their supply chains to save money and increase their bottom lines.

Maritime 28

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 28

Logistics Viewpoints

DECEMBER 5, 2022

Those industries include data communications, medical, industrial, automotive and consumer electronics. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The planners could choose to switch cargo from a slow-moving ship to air, for example.

Supply Chain Planning Software 118

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Inventory Reduction 118

Material Handling and Logistics

JANUARY 8, 2018

For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Business Magazine

NOVEMBER 22, 2022

one of the leading tech start-ups in the maritime domain for predictable and sustainable shipping, has formed a long-term global partnership with BigMile , supplier of software for calculating and analysing transport-related CO2 emissions. PortXchange Products B.V. , Enhancing decarbonisation through digitalisation.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Maritime Digital Collaboration 62

Logistics Business Magazine

MARCH 13, 2024

And as climate change triggers an increased number of extreme weather events, organisations today rely on weather condition data to ensure their supply chains continue to run smoothly. This crucial maritime trade conduit, connecting the Atlantic Ocean with the Pacific, is responsible for 40% of worldwide vessel traffic.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Supply Chains Modeling Software 61

MTS Logistics

MAY 27, 2022

We experience such diverse supply chain disruptions that tracking the data on U.S. inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses.

Global logistics 86

Global logistics Analysis Negotiate Pricing Negotiating Skills 86

Logistics Viewpoints

JANUARY 19, 2021

By doing this, you can run a day or a week in the life of your operation and get back data on its performance capability. Examples of use. Then you can run different scenarios over a similar seven-day period, against the data you have collected, to create an accurate “compare and contrast” picture. Staffing requirements.

Supply Chain Software 95

Supply Chain Software Modeling Software Optimization Software Logistics Network Optimization Software 95

MTS Logistics

DECEMBER 15, 2023

One area to watch: rail Heading into 2024 for example, in sustainability and technology improvements, rail is standing out far more than in past years as an attractive option due to the gains it has made in service, sustainability, and technology. This has been seen with AI, robotics, and specialized software.

Trends 81

Trends Cargo Supply Chain Software Logistics Network Optimization Software 81

MTS Logistics

APRIL 21, 2023

New Georgia Ports Authority data shows that the port handled 1,184,387 twenty-foot equivalent container units (TEUs) in the first quarter of 2023. When we compare Georgia Ports Authority data to other busy container ports in the U.S., When we compare Georgia Ports Authority data to other busy container ports in the U.S.,

Handling 73

Handling Data Purchasing Examples 73

Now, That's Logistics

FEBRUARY 4, 2021

In an industry where the mismatch between ship capacity and available cargo is a common pain point, Maritime Executive says technology can help solve that problem while also improving freight utilization. Shipping marketplaces can aggregate capacity supply and demand, as well as standardize and disseminate market data,” it says. “As

Supply Chain Design Software 78

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 78

Logistics at MPEPS at UPV

MARCH 12, 2021

In the near future, supply chain management is expected to use IoT and edge computing to generate automated data in real time. For example, to predict equipment failures and reduce crash risks using visual and acoustic sensors in maritime transport. IMPLEMENTATION OF COLLABORATIVE ROBOTS (COBOTS).

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 52

Shipping and Freight Resource

MARCH 5, 2020

However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. At the tip of the iceberg, for example, there are weekly reports of unitised fires on board ships, and historic average experience of a major ship fire every 60 days has been challenged in 2019.

Cargo 87

Cargo Supply Chain Software Maritime Packing 87

MTS Logistics

MAY 3, 2023

Technology can provide real-time data and improve communication, but human adaptability, innovation, and problem-solving skills are what ultimately determine an operation’s success. Below is a real-world example of the need for human involvement in logistics.

Negotiating Skills 93

Negotiating Skills Buyer Training Logistics Network Optimization Software Supply Chain Software 93

Logistics Manager

MARCH 14, 2020

GlobalData’s Ship Technology writer, Varsha Saraogi says: “Technology has become the driving force across many industries and the maritime industry is beginning to embrace its advantages. For example, in the past, data synchronization was a slow process and was done three or four times a day.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Maritime Digital Data 64

ShipLilly

MAY 11, 2021

For example, there is a lack of skilled personnel to handle supply chains and the sheer volume of goods that are being moved is straining virtually all international ports. The Maritime Executive has reported on the post-Brexit trade patterns which have led to slowdowns in port processing.

Supply Chain Software 86

Supply Chain Software Modeling Software Freight forwarding Cost Reduction 86

Shipping and Freight Resource

MARCH 17, 2020

TechTarget defines cyber security as “the body of technologies, practices, and processes designed to protect computers, programs, networks and data from damage, attacks or unauthorized access. Gard quotes below live examples of cyber security incidents in shipping. 428(98) on Maritime Cyber Risk Management in Safety Management Systems.

Security 74

Security Logistics Network Optimization Software Maritime Operations 74

Logistics Business Magazine

JULY 26, 2023

With this, BlueBox Systems enables companies to quickly and easily access high-quality air freight data, resulting in streamlined operations. For example, carriers gain access to real-time shipment data to optimize routes and allocate resources efficiently.

Supply Chain Planning Software 49

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Freight 49

Logistics Manager

DECEMBER 13, 2019

This agreement today is another example of the Port of Los Angeles’ commitment to further promote international cooperation and collaboration across the globe.”

Supply Chain Software 58

Supply Chain Software Optimization Software Collaboration Supply Chains 58

Blue Grace Logistics

APRIL 27, 2020

It’s no longer enough to provide copious amounts of data — planners must use the data to draw conclusions about future risks and opportunities. For example, labor strikes can impact day-to-day operations and create a backlog in the supply chain. This data, if used effectively can form a strong foundation for supply chain plans.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 62

Logistics Business Magazine

NOVEMBER 30, 2023

Data needed to quantify carbon emissions within the supply chain can span multiple systems and suppliers. This can be difficult to gather, let alone analyse for future decision-making. Supply chains are most organisations’ largest source of emissions, and procurement can and should be the engine for change.

Supply Chain Software 49

Supply Chain Software Supply Chains Sourcing Strategies Procurement 49

Logistics Business Magazine

JULY 28, 2022

Additionally, products were stranded at sea on cargo ships due to maritime mobility issues. For example, the U.S. In the U.S., 60% of businesses experienced delays in receiving orders from China. This was detrimental as 80% of all goods are carried by sea, resulting in over 320 cargo ships left queued and waiting to dock.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 64

CLX Logistics

NOVEMBER 17, 2022

According to IBM Insights with Watson , less than 10% of supply chain data is ever used, and 87% of surveyed Chief Supply Chain Officers said it’s difficult to predict and proactively manage disruptions. How do Transportation Visibility Platforms Improve Supply Chains?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Optimization Software Supply Chains 52

Logistics Business Magazine

MAY 31, 2023

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. South China, Indochina, Indonesia, and the Philippines maritime region is the global loss hotspot, both over the past year and decade (204 total losses). Thirty years ago, the global fleet was losing 200+ vessels a year.

Expense Reduction 49

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 49

ShipLilly

MAY 11, 2021

For example, there is a lack of skilled personnel to handle supply chains and the sheer volume of goods that are being moved is straining virtually all international ports. The Maritime Executive has reported on the post-Brexit trade patterns which have led to slowdowns in port processing.

Supply Chain Software 52

Supply Chain Software Modeling Software Freight forwarding Cost Reduction 52

ShipLilly

AUGUST 12, 2021

Other data supports these patterns. For example, the Drewry World Container Index showed that the current spot rate of $9,371 per FEU is nearly seven times what it was in 2019. Lars Jensen of Vespucci Maritime suggested to American Shipper that global demand for the beginning of 2021 is 4% higher than it was two years ago.

Cost Reduction 98

Cost Reduction Capacity Industry Examples 98

Logistics Business Magazine

SEPTEMBER 13, 2022

There are delays and bottlenecks, but the focus on driving efficiency to resolve these bottlenecks is a great example of the industry’s adaptability,” continues Press. But it doesn’t compare to live, real-time asset and cargo data. We simplify and optimise the electronic data exchange between stakeholders.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Sourcing Strategies 69

MTS Logistics

DECEMBER 9, 2022

With the further release of container inventory into the market, for example from the disposal of leasing fleets, there will be added pressure on depots in the coming months,” container logistics expert Christian Roeloffs stated in an industry update several weeks ago.

Inventory Reduction 84

Inventory Reduction Resource Reduction Disposal Analysis 84

Logistics Manager

MAY 1, 2018

Paul Smits, Port Authority CFO said, “Pronto is a good example of how the Port Authority uses new digital solutions to raise the efficiency of processes in the port,”. The uniform mutual exchange of standardized data allows port calls to be planned more effectively and efficiently and rounded off in a shorter period of time.

Optimization Software 42

Optimization Software Logistics Network Optimization Software Digital Data 42

IoT World Today

MAY 21, 2020

Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.

Supply Chain Planning Software 145

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

Logistics Business Magazine

APRIL 21, 2022

For example, 42.5% Mahmood Al Bastaki, General Manager of the World Logistics Passport , said: “This new data tells us that different countries and regions are having remarkably different experiences of the same supply chain pressures. This compared to 19.9% for those in China, 27.5% in India and 25% in the UAE.

Cost Reduction 50

Cost Reduction Transportation Manufacturing Procurement Optimal Sourcing 50

Turvo

DECEMBER 7, 2021

For example, ship charter costs have grown since July 2020 from $10,000 to more than $200,000 in September of this year, and standard freight rates across all major routes also saw significant increases. According to data from Allianz and Berenberg, companies are reducing margins instead of increasing prices.

Price Reduction 77

Price Reduction Operations Freight Logistics Network Optimization Software 77

Freightos

APRIL 24, 2018

The S&P 500 works because it taps into real, live data , with a representative sample selected by a committee of analysts along with the right methodology. In 1744 , the Virginia and Baltick [sic] coffee shop in London was the go-to place for traders to discuss maritime pricing. Breadth of data across geographies.

Freight 57

Freight Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 57

MTS Logistics

AUGUST 21, 2023

But it’s not just about tracking – it’s about harnessing data to predict disruptions, optimize routes, and ensure timely deliveries. Example: Consider the Suez Canal obstruction.

Freight forwarding 76

Freight forwarding Cargo Freight Optimization Software 76

Logistics Business Magazine

AUGUST 25, 2023

Even if the situation in Central America does not have a noticeable impact on the German economy, the experts advise politicians and companies to take precautions for the future-for example, for the transport of raw materials and goods on waterways during low water. The Rhine, for example, must be a particular focus of political attention.

Supply Chain Software 60

Supply Chain Software Logistics Network Optimization Software Supply Chains Transportation 60

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. But just data alone is not going to assist. But just data alone is not going to assist.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

Logistics Business Magazine

OCTOBER 4, 2023

year-on-year increase, according to data from Automotive Distributors and Mobility Association (ODMD). Rashid Abdulla, CEO & Managing Director, DP World Europe said: “When we describe DP World to the outside world we often say we are a global smart trade enabler – this solution is an innovative example of what we mean by that.

Supply Chain Design 55

Supply Chain Design Procurement Solutions Supply Chains Purchasing Skills 55