Mon.Dec 12, 2022

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9 Ways to Increase Average Order Value (AOV)

Ship Monk

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. They often overlook the bird-in-the-hand option — that is, the customer who is shopping on their website right this minute. If you can convince this customer to spend just a little more before hitting the checkout button, you will have increased revenue without all the expense of bringing in

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Jeff Baker, Vice President of Shared Services at Myers Industries. Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Neither of the customers highlighted in this article fall into that category. Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions.

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Why location infrastructure is the future of logistics

Logistics Management

In this webinar, Nick Patrick, Radar CEO and Co-founder, will explain how modern and logistics innovators are using location infrastructure to drive operational efficiency and deliver amazing customer experiences.

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Don't Fear AI — Supply Chain Leaders Need it to be Agile

Supply Chain Brain

Supply chain decision-makers who overcome their fear of artificial intelligence (AI) and have embraced AI-driven technology, like AI-driven sales platforms, fare best and thrive.

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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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2022 in Review: Who’s most responsive to change?

Logistics Management

It has been a very volatile year, complicated by general political and economic instability around the globe. For logistics and supply chain professionals and carrier executives, it’s time to respond and build a coherent, cohesive, flexible and resilient strategy in the face of rapid and continuous change.

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Q&A: Wes Wheeler, President of UPS Healthcare

Logistics Management

Logistics Management Group News Editor Jeff Berman recently caught up with Wes Wheeler, President of UPS Healthcare, a subsidiary of Atlanta-based global freight transportation and logistics services provider UPS. Wheeler provided insights on various aspects of the segments UPS Healthcare serces, including: the impact of the pandemic on the cold chain and refrigerated (reefer) logistics; lessons learned from the pandemic; and the impact of global trade on the cold chain and global supply chains,

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Watch: Another Crisis for the Food Supply Chain: Not Enough CO2

Supply Chain Brain

John Bell, head of the Department of Supply Chain Management at the University of Tennessee, explains why food processors and other industries are facing a critical shortage of carbon dioxide.

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Scheduling Standards Consortium leadership address key next steps

Logistics Management

While there is often a lot of talk about things like the need for, or even potential, for more standardized processes, when it comes to keeping truck wheels rolling and staying on schedule to meet tight deadlines, there is much more than meets the eye required to take that from a concept to a reality.

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Discussing the Lessons Learned in Transportation Procurement Management

Talking Logistics

In September 2022, we surveyed members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies – to get their perspective on the important lessons learned over the past two years that will help them to successfully navigate the transportation market in 2023.

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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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Merger and Acquisition Momentum: 2022 Top 20 Warehouses

Logistics Management

Demand for dry and cold chain warehousing remained strong in 2022 and is expected to continue climbing steadily in 2023. As the sectors continue to evolve, warehouse operators are attracting investor attention, consolidating, and changing their names.

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Hyundai, HTWO Supplies Fuel Cell Tech for ENGINIUS Commercial Trucks

NGT News

Hyundai Motor Group‘s dedicated fuel cell system brand HTWO has signed into partnership with ENGINIUS, a subsidiary of FAUN Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with FAUN Group, a player in the European refuse truck market, HTWO will further accelerate its fuel cell system business. […].

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Rivian Scraps Plan to Make Electric Vans in Europe with Mercedes

Supply Chain Brain

This isn’t the first time Rivian has had a partnership with an established carmaker fall apart. Plans to build EVs with Ford Motor Co. were abandoned in November 2021.

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Volve Debuts Three Heavy Electric Trucks for Specialized Transport

NGT News

Volvo Trucks has expanded its range with the launch of several new electric trucks, making it possible to electrify even more transport routes in cities and regions. The company is introducing rigid versions of its heavy electric trucks: the Volvo FH, Volvo FM and Volvo FMX. This makes it even easier for transport companies to […]. The post Volve Debuts Three Heavy Electric Trucks for Specialized Transport appeared first on NGT News.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Lessons Learned from Thirty Years in Safety

Women in Trucking

Over the three decades that I have served on Penske Logistics ’ safety team, our industry has experienced its fair share of change. From seismic shifts like the ELD mandate and the COVID-19 pandemic to more gradual demographic and technological transformations, these changes have demanded a lot of our drivers.

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New EV Fast-Charging Stations Installed Along Major New York Travel Corridor

NGT News

A dozen new electric vehicle fast chargers are now deployed along the primary travel corridor from the Southern Tier to Western New York, announced Gov. Kathy Hochul. The new chargers will ensure that one of New York State’s “fast charging deserts” is more accessible to EVs and that all regions across the state offer more […].

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Supply Chain Trends to Watch for 2023 and Beyond

MTS Logistics

As a result of the global Covid pandemic and the Russian invasion of Ukraine, businesses have faced great challenges and have undergone incredible changes over the last few years. Increases in fuel, disruptions in supply chain and rising labor costs have severely impacted business’ margins. In addition, an increasing inflation cycle in recent years has contributed even more to this situation and thus stagflation has been felt painfully.

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DOE Loans $2.5 Billion to Ultium Cells for Three Battery Cell Manufacturing Facilities

NGT News

The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), has closed a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee and Michigan. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will manage battery cell […].

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Merck Global Health Innovation Fund and P74 Ventures Make Strategic Investment in TransVoyant

Supply Chain Brain

With its new financing, TransVoyant will scale to reach new customers and expand its platform’s use cases.

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Vision Truck Group Becomes New Certified Volvo EV Dealer

NGT News

Volvo Trucks North America has named Vision Truck Group as the first Volvo Trucks Certified Electric Vehicle (EV) Dealer in the greater Toronto area. Vision Truck Group, a second-generation, family-owned dealership group, has served the heavy-duty trucking industry for more than 50 years, providing sales, service, modifications and parts across a network of dealerships in […].

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BlueGrace Logistics Confidence Index™ Quarter 4 2022

Blue Grace Logistics

BlueGrace Logistics Confidence Index™. The BlueGrace Logistics Confidence Index measures expected industry expansion or contraction based on revenue forecasts, inventory levels, and order volumes. A predictive analysis of shippers confidence for the upcoming quarter correlating growth or shrinkage to overall volume of shipments and price of products.

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Packaging company expands to Yorkshire site

Logistics Business Magazine

Reusable packaging specialist Tosca has finalised a new 10-year lease from Onward Holdings Ltd, doubling the company’s warehousing capacity at the Yorkshire, UK site. The deal combines two 30,000 sq ft units on the Green Lane Industrial Park in Featherstone. Tosca, a global leader in reusable plastic packaging and performance pooling solutions with a portfolio including crates, pallets, bulk containers, and more, acquired a warehouse at the location around eight years ago shortly after the facil

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Five Formidable Transportation Challenges Facing Shippers

Supply Chain Brain

Shippers need help with forecasting, strategy and carrier relationships just to stay afloat. Here are five key transportation concerns keeping them up at night.

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IWL and Hawesko benefit from AMR solution

Logistics Business Magazine

In response to significant e-commerce growth and customer expectations for a seamless digital and physical shopping experience, Hawesko Group and its logistics subsidiary Internationale Weinlogistik (IWL) are investing in the optimisation of their intralogistics processes. Within eight months, Körber will implement a scalable Autonomous Mobile Robot (AMR) solution that is fully harmonised with IWL’s WMS to optimise the agility and flexibility of logistics processes at the distribution centre in

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The Benefits of Scanning Technology in a 3PL Warehouse

Camelot 3PL Software

Scanning technology has become an essential tool in modern 3PL warehouses. It allows businesses to improve their inventory management, increase accuracy and efficiency, and reduce the potential for human error. In this blog post, we will explore some of the key benefits of using scanning technology in a warehouse. Improved Inventory Management : Scanning technology allows businesses to track and manage their inventory in real-time.

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Gist trials electric HGVs

Logistics Business Magazine

Logistics specialist Gist has launched an extensive trial in the UK of DAF’s LF Electric fridge truck , supported by key supplier, dealer Ford & Slater Limited, and DAF Trucks UK. The vehicle will be based at Gist Hemel for the duration of the trial and is one of two 100% fully electric vehicles Gist is trialling as it continues to seek alternatives to reduce its carbon emissions and explore diesel alternatives.

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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.

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How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs?

AIMMS

The post How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs? appeared first on AIMMS.

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Jamieson accelerates digital supply chain journey

Logistics Business Magazine

Kinaxis Inc., an authority in driving agility for fast, confident decision-making in an unpredictable world, has announced that Jamieson Wellness Inc. is using Kinaxis to bring concurrent planning to its supply chain, supporting company growth and helping to achieve its global business objectives. Headquartered in Toronto, Ontario, Jamieson Wellness is Canada’s leading consumer health brand with its portfolio of innovative natural health brands and variety of VMS products under its Youtheory, Pr

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Five Formidable Transportation Challenges Facing Shippers

Supply Chain Brain

Shippers need help with forecasting, strategy and carrier relationships just to stay afloat. Here are five key transportation concerns keeping them up at night.