Wed.Mar 11, 2020

article thumbnail

A Strategic Roadmap for Digital Procurement

SIPMM Professional Publications

Procurement is a purchasing process that controls quantity, quality, sourcing and timing to ensure the best possible total cost of ownership. Procurement professionals are nowadays key member of firm’s core team and are actively participating in new product development, managing supplier risk and sustainable procurement. Digital technologies are enablers and supporting procurement in this direction. […].

article thumbnail

Logistics Technology Market Forecasting Under Uncertainty

Logistics Viewpoints

The current coronavirus outbreak is an example of an economic shock that elevates uncertainty and complicates forecasting. ARC European analysts Florian Güldner and David Humphrey conducted a thorough scenario analysis on the potential impact of the corona virus on automation markets and supply chains. This analysis provides a useful framework for. The post Logistics Technology Market Forecasting Under Uncertainty appeared first on Logistics Viewpoints.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Five Digital Technologies for Procurement Optimization

SIPMM Professional Publications

Procurement has grown significantly more strategic over the past twenty years, now, digital supply chain management and analytics are bringing new strength to the strategic role. The main mission of procurement has broadened from cost leadership and assurance of supply to strategic insights for decision making. Digital procurement is an exponential shift that allows organizations […].

article thumbnail

ELDs: What can be done about your ‘jacked-up’ log when you forget to go PC

Overdrive Online

Does your ELD's software allow reclassification of automatically recorded driving time as PC or a yard move? If it does, it may be set up out of compliance with the mandate. With most, if you forget to start personal conveyance mode and move the truck, you'll be stuck with that "jacked-up log" for a while.

article thumbnail

7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

article thumbnail

Oregon’s Governor Takes Action on EV Transition

NGT News

Governor Kate Brown has signed a new executive order on climate, setting new science-based greenhouse gas emissions goals and directing state agencies to put new measures into effect to lower the state’s greenhouse gas emissions to meet Oregon’s climate goals. “I’ve heard it loud and clear from our young people in Oregon: climate action is […].

Meeting 95

More Trending

article thumbnail

Lunar New Year and coronavirus take toll on February POLA and POLB volumes

Logistics Management

Total February POLA volume—at 544,037 TEU (Twenty-Foot Equivalent Units)—saw a 22.9% annual decline. At the Port of Long Beach, total February volume—at 538,428 TEU—saw a 9.8% annual decline.

79
article thumbnail

Inbound Freight Trends for 2020: A Commitment to Improving Vendor Relations

GlobalTranz

The leading inbound freight trends for 2020 reveal a stronger push to improve inbound logistics efficiency and lower barriers to inventory management stress. Shippers that take time to understand these trends can position their organizations for success. 1. Strategic Partnerships With Suppliers Will Dominate the Industry With the coronavirus well entrenched in supply chain disruption,read More.

Inbound 78
article thumbnail

YRC Freight makes spoke additions to its Regional Next-Day Texas service offerings

Logistics Management

YRC Freight Regional Next-Day Texas service will now include Fort Worth and Garland, with company officials noting that this service expansion marks the most recent step in the YRCW enterprise network optimization strategy.

article thumbnail

Trinity Logistics Statement on Coronavirus (COVID-19)

Trinity Logistics

In alignment with our core value of being a people-centric freight solutions provider, we wanted to update you on the precautions we are taking as a company regarding the coronavirus (COVID-19). The health and safety of our Team Members is of utmost importance while ensuring there are no disruptions in our level of service to customers or carriers. We are ensuring Team Members have the necessary equipment and ability to telecommute with all access and capabilities should the need arise.

article thumbnail

Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

article thumbnail

The Significance of Two Bills (of lading) in Freight Forwarding

20Cube Logistics

Documents are crucial for the movement of consignment from one international destination to another, whether it’s an import or an export. The documents raised in a shipment orchestrate a long chain of actions and is required to ensure a hassle-free movement of consignments. Some documents relevant to shipping will be associated with insurance, some might have financial data, a few of them might relate to official exchange.

article thumbnail

In Global Logistics, Orchestration Is the New Visibility

Supply Chain Brain

We’re all familiar with the “one-click” consumer experience. When will logistics daily work interfaces catch up?

article thumbnail

Clean Energy Reports 2019 Fourth Quarter Sales

NGT News

Clean Energy Fuels Corp., a nationwide distributor of natural gas, has released its operating results for the fourth quarter of 2019. “Our volume continues to grow at a good pace with a 10% increase for the year over 2018 as we exceeded the 100 million gallon mark in the fourth quarter for the second consecutive […]. The post Clean Energy Reports 2019 Fourth Quarter Sales appeared first on NGT News.

article thumbnail

The Industrial Impact of the COVID-19 Crisis

Logistics Bureau

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. The trigger for this alarming state of affairs was the December outbreak of the COVID-19 Coronavirus epidemic in the Chinese city of Wuhan, which prompted authorities to lock down major cities, close factories, and severely limit the movement of individuals.

article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

article thumbnail

Develop a Strategy to Combat Dimensional Pricing

LandLink

The debate over whether density-based pricing will succeed in toppling the traditional National Motor Freight Classification’s (NMFC) based pricing in the LTL industry is an ongoing debate. Carriers are pushing for dimensional pricing to combat the profitability of lightweight shipments. This is the basis of the argument. Under the NMFC classification density was taken into consideration as was packaging and commodity but it was largely based upon weight.

article thumbnail

The Impact Of The Coronavirus On Surface Freight

Blue Grace Logistics

Recall that at the beginning of the year, industry experts expected the surface freight spot market would gradually increase to make up for its decline over the past year. Every publication on the planet was encouraging shippers and logistics service professionals to start thinking about renewing their interest in contracted freight rates that would help keep freight spend under control.

Freight 62
article thumbnail

Price Risk Mitigation: Cold storage market participants

Logistics Management

An overview of derivative risk hedging strategies to hedge key industry risk factors that have a material impact to a company's financial performance.

article thumbnail

Coach Atlantic Tests All-Electric MCI Bus

NGT News

Coach Atlantic Maritime Bus, a provider of services for group charters, daily inter-city line runs, municipal transit schedules and school bus contracts, says it is testing Motor Coach Industries’ (MCI) first all-electric coach – the MCI D45 CRTe LE CHARGE, designed for long-range express routes and setting a new standard inaccessibility. MCI and Coach Atlantic […].

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Now is not the time to isolate your business

Truck News

With the ongoing freight recession and the chaos triggered by the COVID-19 crisis, you have to wonder how many more blows Canada’s trucking industry can take.

article thumbnail

EGLE Grant Funds School Bus Replacement

NGT News

Michigan school districts will replace 300 older diesel buses with models powered by clean diesel and propane engines under grants awarded by the Michigan Department of Environment, Great Lakes and Energy (EGLE). More than $8.7 million in grants will be awarded under EGLE’s Fuel Transformation Program. “Replacing older, diesel engines with clean diesel or propane […].

article thumbnail

The True Value of ERP Channel Partners in the Age of Digitization

SYSPRO Smarter ERP

Over the past decade, we’ve seen significant changes in the business ecosystem. Companies are looking outside of their traditional markets towards global markets to increase growth, capacity, and capabilities. The increased inability to find specific skill sets close to home has also seen several businesses looking beyond borders to locate the necessary talent, resulting in […].

ERP 59
article thumbnail

Renault Begins Production of Electric Trucks

NGT News

Renault Trucks will begin production on their D and D Wide Z.E. electric truck models this month. The serial production of Renault Trucks D and D Wide Z.E. electric trucks will take place in the company’s Normandy plant in Blainville-sur-Orne. The factory, which has been operating since 1957, is specialized in the production of medium-duty […].

article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

article thumbnail

C.H. Robinson’s acquisition of Prime Distribution Services is a done deal

Logistics Management

C.H. Robinson officials said that with Prime now officially in the fold—and set to be integrated into the company’s North American Surface Transportation division—this acquisition will expand its retail consolidation business while also providing more scale, capabilities, and expertise to its service portfolio. And they added that this acquisition is expected to be slightly accretive to earnings in 2020.

article thumbnail

Meritor Expands Portfolio with EV Compatibility

NGT News

Meritor Inc., a supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, has unveiled its MCL 541 planetary axle for wheel loaders. The MCL 541 planetary axle, designed for machines with up to 4 m3 bucket capacity, is the first model of a wheel loader axle series and features proprietary […].

article thumbnail

LA & Long Beach Ports forge Alliance on Range of Measures to Increase Operational Efficiency

Logistics Manager

The ports of Los Angeles and Long Beach will forge an alliance to strengthen collaborative measures in the areas of cargo movement efficiency, connectivity, workforce development, cybersecurity and metrics under an agreement approved by their respective Harbor Commissions. “Our two ports are the fastest way to move goods between Asia and U.S. markets and manufacturers,” said Port of Long Beach Executive Director Mario Cordero.

article thumbnail

Inside the lives of women living through the crisis in Yemen

World Food Programme Logistics

Women are 60 percent more likely to suffer from hunger and its consequences in times of war. Yemeni Women are no exception, yet they are able to find their strength. Hunger is cruel to everyone, but it’s not completely blind. Women?—?especially in times of war?—?are more at risk to the suffering it bestows. They eat last and least and are often forced to drop out of school or marry early when there is not enough food.

Packing 52
article thumbnail

How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

article thumbnail

PSA International announce Results from the 2019 Year-End

Logistics Manager

PSA International Pte Ltd (PSA) handled 85.20 million Twenty-foot Equivalent Units (TEUs) for the year ended 31 December 2019, representing an increase of 5.2% from the previous year. PSA Singapore contributed 36.89 million TEUs, increasing 1.6% over 2018. PSA terminals outside Singapore delivered a total throughput of 48.32 million TEUs, increasing 8.1% over 2018.

article thumbnail

Syria: ‘Everything we have fixed will not be destroyed again’

World Food Programme Logistics

As the Syrian crisis enters its tenth year, there are people and stories who remind us that Syria is rebuilding because of the hard work, determination and dreams of many. Abdulkar Akkam is one of them. Abdulkar supported the rehabilitation of bakeries?—?a lifeline for Syrian families. Photo: WFP/Hussam Alsaleh For the last three years, Abdulkar has worked with the World Food Programme (WFP) to rehabilitate three out of four bakeries in some of the poorest parts of Aleppo city.

article thumbnail

DHL Express is a Top Employer in Asia Pacific for Sixth Consecutive Year

Airfreight Logistics

World leader in express logistics is certified in 63 countries worldwide, more countries than any other company DHL Express received 53 different awards for its workplace culture in 2019, bringing the total number of awards won since 2014 to 244 DHL Express has been named 2020 Top Employer for the Asia Pacific as well as nine countries and territories in the region: Australia, Hong Kong, India, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam.