Thu.Mar 23, 2023

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Inventory Discrepancy: What It Means & How to Avoid It

Ship Monk

If you want to strike fear into the heart of an ecommerce business owner, say the words, “inventory discrepancy.” Much like, “Houston, we have a problem,” it’s a loaded phrase that requires all hands on deck until the cause of the discrepancy is identified and the problem is resolved. Unfortunately, inventory discrepancies are a common occurrence in many ecommerce businesses and fulfillment warehouses.

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A Discussion on Warehouse Automation Featuring Marc Wulfraat

Amware Logistics and Fulfillment

Supply chain consultant Marc Wulfraat joined Amware’s EVP of Strategy & Operations, Chad Warzecha, on a recent episode of Unboxing Fulfillment – the modern B2C fulfillment podcast. They discussed various aspects of warehouse automation. Check out the full 30-minute discussion or read on for key insights.

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Eco-driving coaching can improve driver safety performance

Commercial Carrier Journal

A recent study on behalf of Isaac Instruments found that a 1% increase in the use of eco-driving technique cruise control is associated with a 3% reduction in the odds of a hard-braking event, which can reduce the odds of having a collision.

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Trucking Stakeholders Launch Clean Freight Coalition

NGT News

A group of truck transportation stakeholders launched the Clean Freight Coalition (CFC) to serve as a collective voice for key trucking industry stakeholders. Made up of motor carriers of every size and sector, truck manufacturers and truck dealers, the CFC’s mission has several components. The group aims to educate policy makers on how the trucking […] The post Trucking Stakeholders Launch Clean Freight Coalition appeared first on NGT News.

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Navigating Uncertainty: How Technology Helps Fleets Thrive in Challenging Times

Change is a constant in the transportation industry. Amid business competition, regulatory developments, environmental concerns, and myriad other challenges, motor carriers must continually adapt to an ever-evolving operational landscape. Fleet telematics technology can help transportation businesses navigate uncertainty, gain a competitive advantage, and boost profitability.

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Shippers Increasing Spend with Outsourced Providers: Study

Food Logistics

Looking at the average across all modes, 82% of shippers rely on third-party providers to procure capacity for at least some of their freight, with 38% using 3PLs for a majority of their shipments.

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Teamsters reject Yellow's consolidation proposal

Commercial Carrier Journal

The union appears dug in with little flexibility in keeping Yellow's rollout of its One Yellow strategy at bay.

Strategy 104
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CPO Summit to Benefit Senior Procurement Executives and Suppliers

Supply Chain Brain

The Chief Procurement Officer Summit, which promises to provide a unique opportunity for extensive informal networking among industry peers, is set to take place on 18 May - 20 May 2023 at the Las Colinas Resort in Dallas, TX.

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Eaton, Charge Enterprises Partner to Accelerate EV Charging 

NGT News

Intelligent power management company Eaton and Charge Enterprises Inc., through its portfolio company Charge Infrastructure, have formed a collaboration to fast-track electric vehicle charging infrastructure deployment for fleets and car dealers. With the U.S. aiming for EVs to make up 50% of all vehicle sales by 2030 and the Inflation Reduction Act providing tax credits […] The post Eaton, Charge Enterprises Partner to Accelerate EV Charging appeared first on NGT News.

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TPM ‘23 – An industry moving forward

Freightos

This year’s recent TPM – the annual transpacific maritime conference hosted by the Journal of Commerce in Long Beach, CA at the end of February – was a combination of post-pandemic debrief, projections for the rest of the year and beyond, and lessons learned. There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Combilift Donates 75,000th Truck to Charity

Logistics Business Magazine

As part of Combilift’s celebrations for its 25th anniversary, the Irish materials handling specialist has announced that it is donating its 75,000th truck – an Aisle Master articulated forklift – to Convoy of Hope, a non-profit humanitarian and disaster relief organization. Convoy of Hope works alongside communities and its wide network of volunteers aim to alleviate poverty and hunger and to bring help and hope wherever they are most needed in the world.

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The Race is on to Lure Manufacturers From China

Supply Chain Brain

Governments are pulling out the stops to welcome the businesses, as they seek to turbocharge economic development and create millions of new jobs.

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New Hybrid Ferry Docks at Limassol

Logistics Business Magazine

P&O Ferries’ newly commissioned Fusion Class vessel ‘P&O Pioneer’ has docked at DP World Limassol port on its journey from Guangzhou, China to Dover, United Kingdom. The industry-leading P&O Pioneer arrived on Wednesday for bunkering, as it makes its way towards Dover, where it is expected to become fully operational on the English Channel route to Calais in May 2023.

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Watch: How Do We Hold on to Hourly Supply Chain Workers?

Supply Chain Brain

Employers need to efficiently collect information on frontline workers’ needs and requirements to recruit and retain them, says Dan Johnston, chief executive officer and co-founder of WorkStep.

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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.

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EPAL Reports Record Pallet Repair Figures

Logistics Business Magazine

EPAL UK and Ireland has reported an uplift in the number of pallet repairs carried out across its network, as customers seek to mitigate the impact of growing supply chain costs. The organisation, which administers the EPAL system for the UK and Ireland region, said more than 100,000 pallet repairs took place for the first time during 2022, as businesses increased pallet reuse for reasons including sustainability and reducing costs.

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Best Delivery Route Planner Apps for 2023

WorkWave

Time To Read: 5 minutes As a food hospitality business that offers delivery services, rather than map out all your deliveries manually, it’s best to do it with an app for delivery routes instead. Hence, utilizing a delivery route planner will reduce human error by manually mapping out deliveries to hungry customers so that they can receive the food hot and fresh.

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Bringing Smiles to Your Doorstep: Delivering Exceptional Care with Last-Mile Efficiency

Locus

Dental care is an often overlooked part of healthcare, and while oral diseases are largely preventable, they continue to be a significant health concern for individuals and communities worldwide, impacting them throughout their lifetime. In fact, the most prevalent health condition worldwide, according to the Global Burden of Disease 2019, is untreated tooth decay in permanent teeth.

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U.S. Due Diligence Firm Says China Detained Its Employees

Supply Chain Brain

The move highlighted the potential risks that firms involved in due diligence face in China as Xi Jinping has tightened the ruling Communist Party’s grip on information.

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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.

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Europe Takes the Lead in Sustainable Growth

Logistics Business Magazine

The unprecedented number of Extended Producer Responsibility legislation that has been greenlighted since the advent of 2023 across Europe no doubt signals a new level of environmental awareness on a governmental, rather than merely social level, writes Elena Rotzokou (pictured), Global Extended Producer Responsibility (EPR) Researcher at Ecoveritas.

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What COVID-19 Taught Us About Using Capacity Buffers

Supply Chain Brain

If COVID-19 has taught us anything about supply chain management, it is that we need supply chain contingency plans. This includes many kinds of buffers.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

My intent with this post is to spark a conversation about whether it is time to adjust what we teach people to say when they are teaching TWI Job Relations. It is based on, and expanded from, a talk I gave at the 2023 TWI Summit. Background TWI stands for Training Within Industry, a program developed during WWII by the U.S. War Manpower Commission. During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example)

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Oil Tankers Divert Away From Strike-Ridden French Ports

Supply Chain Brain

France released strategic stockpiles of oil products in March to avoid fuel shortages as the strikes blocked fuel movements from many local refineries.

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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

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Top 10 Factors That Determine LTL Rates in 2023

Radius Logistics

When considering LTL shipping options, product safety and shipping convenience are usually top of mind. However, other important factors affect LTL rates you may not be aware of. LTL freight shipping rates can be very confusing, but by understanding what affects them, you can better conclude what may be right for your business. Here are the top 10 factors that affect LTL rates regarding ground freight within North America. 1.

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How Strategic Sourcing Can Help SMBs

Supply Chain Brain

Strategic sourcing aims to create long-term value by optimizing the procurement process.

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Podcast | ‘Supply Chain for Startups’: From Zero to Scale

Supply Chain Brain

How does a brand new venture create a supply chain from scratch?

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Bombardier CEO Sees Blue Skies and Less Debt After Major Overhaul

Supply Chain Brain

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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.