Tue.Sep 04, 2018

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Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? Is it about optimization? Is it about having enough stock? Or is it about having no stock? The answer varies from function to function in the supply chain. For Sales it’s about product availability at all times. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns.

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Driving change with sustainable transport

Insight Into Action

Our responsibility to future generations is set as the main principle of Sustainable Development, a concept introduced by Brundtland Report in 1987. Since then, we often read about the importance of sustainability when discussing the environment, climate change and corporate social responsibility (CSR). And yet, what does sustainability really mean for logistics?

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Trucking by the Numbers 2018: Safety and the roadways

Fleet Owner

Safety is everything to a fleet—it's a large part of its reputation and ability to do business, particularly in today's competitive freight environment.

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Today's TMS deliver more than freight savings

DC Velocity

Transportation management systems have traditionally been used to slash freight costs. But shippers are now finding the software can do much more than that.

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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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Roush rolls out near-zero propane autogas engine

Fleet Owner

Roush CleanTech said it has developed the first available propane autogas engine certified to California Air Resources Board’s optional low oxides of nitrogen emissions standard for heavy-duty engines with 0.02 grams per brake horsepower-hour.

More Trending

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[PODCAST] Increasing Parcel Volumes Requiring Shippers to Implement Technology for Parcel Freight Optimization Yielding Reduced Costs

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s Podcast episode Cerasis welcomes Bob Malley, CEO of Pierbridge , a company offering enterprise shipping technology aiding logistics entities & shippers in managing parcel shipping more effectively to meet the challenges of omnichannel shipping. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouT

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Hub sells Mode Transport unit to focus efforts on core businesses

DC Velocity

Asset-light 3PLs operations not aligned with centralized business model, Hub says.

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Customers may find some products unavailable under Walmart's new e-commerce system

Fleet Owner

Walmart has altered its e-commerce system to avoid orders considered too expensive to ship to consumers. The Wall Street Journal reported some online shoppers are being notified that certain products are out of stock.

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A Provocative Interview with the CEO of OTTO Motors

Logistics Viewpoints

The CEO of OTTO Motors, a provider of autonomous mobile vehicles (AMRs), has some provacative ideas about what is occurring in the AMR market. Mr. Rendall also pointed out that the automated guided vehicle market in the U.S. has grown to less than $200 million in thirty years. Bolted to ground warehouse automation has its limitations. “There is a pressing need for flexibility.” .

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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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You have to do more than just talk about harassment

Fleet Owner

Extensive training on the topic should be mandatory for all employees, spelling out rules and expectations, a review of procedures and information on how to file complaints.

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Supply Chain Analytics

Material Handling and Logistics

Supply Dynamics has introduced a new user interface (UI) for SDX, which helps manufacturers gain leverage and multi-dimensional insight on common raw material and component part demand across different business units and sub-tier suppliers to drive volume buys, improve service levels, and reduce part costs.

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Is your hydraulic fluid doing enough for your equipment?

Fleet Owner

When choosing a hydraulic oil, it’s easy to be swayed by the price per gallon. However, there are hidden costs to choosing a product based on the upfront price.

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Purchasing Index Shows Manufacturing Slows to a Nine-Month Low

Material Handling and Logistics

The seasonally adjusted IHS Markit U.S. Manufacturing Purchasing Managers’ Index slowed to 54.7 in August, down from 55.3 in July. This is the weakest improvement since last November. The slowdown was expected by economists surveyed by Bloomberg. Renewed growth in export sales for the first time this summer highlighted improvement in the health of the U.S. manufacturing sector.

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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.

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Investment firm acquires MercuryGate TMS

Fleet Owner

Last year MercuryGate TMS managed more than $70 billion of annual freight spend and supported over 300,000 daily logins from 80 countries.

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ISM reports a very strong month for manufacturing in August

Logistics Management

The report’s key metric, the PMI, headed up 3.2% to 61.3 (a reading of 50 or higher indicates growth) and has now grown for 24 consecutive months, with the overall economy now having grown for 112 months. The August PMI marks its highest reading over the last 12 months and is 2% above the 12-month average of 59.3.

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Manufacturing And Cloud Reluctance: What We Learned

GlobalTranz

Manufacturing and cloud reluctance is not a recent issue. It’s been around ever since the cloud came into existence. Today, reports still show that security is one of the primary concerns when it comes to whether or not a business will consider using the cloud. Recently, our company has generated some reports of internal data and surveyed a collection of companies to better get an idea of trends in the manufacturing industry.

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Hub Group sells Mode Transportation subsidiary

Logistics Management

Hub officials said this sale represents the byproduct of an exploration of strategic alternatives for Mode that was undertaken by the Hub Group Board of Directors, which they said is part of an ongoing review of alternatives for creating shareholder value that it announced in August.

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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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Individual Consideration Leadership Style Obtains Positive Results in Supply Chain Management

DC Velocity Reverse Logistics

Finding the right combination of leadership and analytical skills in employee candidates is becoming a challenge for companies. Furthermore, companies experience particular difficulties locating qualified candidates for supply chain management positions. The challenge for human resources is attracting and keeping these candidates that have the right mix to match the needs of the organization.

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MacGregor Collaborates as Part of a Consortium to Improving Containership Performance

Logistics Manager

MacGregor, part of Cargotec , is now a member of a new consortium of leading marine industry players that have signed an agreement to collaborate in developing new levels of performance and environmental efficiency for container vessels. The consortium, which is led by Dubai-based Zaitoun Green Shipping L.L.C. ( ZGS ), also aims at creating a new business model for the container sector.

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Turkish Cargo Launches New Flights to Kigali and Muscat

Airfreight Logistics

Turkish Cargo recently announced that Kigali, the capital of Rwanda, and Muscat, the capital of Oman, will be added to their direct cargo flights network. Following the launch of these new cargo flights, Turkish Cargo has increased the number of their cargo flights destinations to 85. Kigali stands out by being a substantial import and export point for destinations such Johannesburg, the metropolitan city of the South Africa.

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Penske Logistics Honors its Truck Drivers During Canada’s National Trucking Week

Penske Move Ahead

Despite the challenges of driving on the open road, millions of professional truck drivers keep the North American economy moving, one load at a time. Professional truck drivers in Canada and the U.S. face congested roadways, challenging weather and other distractions, yet they make safety – for themselves and other motorists – a top priority. This week Canada will pause during National Trucking Week to recognize the contributions of the thousands of men and women – including professional truck

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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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SEKO Logistics Appoint New CFO to Drive Global Growth

Airfreight Logistics

The US Headquartered global Supply Chain Solutions, transportation and logistics company, SEKO Logistics recently announced the appointment of Matthew Brown as Chief Financial Officer to deliver the next phase of SEKO’s global growth strategy. Matthew brings with him over 25 years’ experience in international business and financial management and is an expert in accounting, finance and business strategy.

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ISM reports a very strong month for manufacturing in August

247 Customs Broker

Coming off of a mild decline from June to July, manufacturing output showed solid growth from July to August, according to the monthly Manufacturing Report on Business issued by the Institute for Supply Management (ISM) today. The report’s key metric, the PMI, headed up 3.2% to 61.3 (a reading of 50 or higher indicates growth) and has now grown for 24 consecutive months, with the overall economy now having grown for 112 months.

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Gearbox shortage halts Peugeot assembly

Automotive Logistics

Production of the Peugeot 308 was halted for a second day at the French carmaker’s Sochaux plant in eastern France last week due to a shortage of gearboxes. T aking potential orders into account, the best solution was to temporarily halt the compact car ’s assembly at the plant, a company spokesperson said. [mpu_ad]T hough the production of the new MB6 gearbox is now on track, with manufacturing increasing at the PSA Group’s Valenciennes factory , the OEM warned of further stoppag

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Happy National Trucking Week!

Freightera

September is a big month in the trucking industry. It is a month of truck driver appreciation and celebration and the beginning of a busy fall shipping season. This week we are putting kids back to school and celebrating National Trucking Week in Canada and then next week Truck Driver Appreciation Week in the U.S. The huge importance of truck drivers in our daily lives and the challenges of the trucking industry get a well-deserved spotlight in September.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Harring becomes Bridgestone’s logistics chief in EMEA

Automotive Logistics

Ulf Harring (pictured) has joined global tyre maker Bridgestone as chief operating officer (COO) for Europe, the Middle East and Africa (EMEA). He will be responsible for logistics, supply chain management and procurement, along with manufacturing, quality, IT, environment, and health and safety matters. He took up his new role on September 1. “It will be a great pleasure to work with Bridgestone,” said Harring.

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SEKO Logistics Appoint New CFO to Drive Global Growth

Logistics Manager

The US Headquartered global Supply Chain Solutions, transportation and logistics company, SEKO Logistics recently announced the appointment of Matthew Brown as Chief Financial Officer to deliver the next phase of SEKO’s global growth strategy. Matthew brings with him over 25 years’ experience in international business and financial management and is an expert in accounting, finance and business strategy.

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NVD adopts Inform system for moves in Ireland

Automotive Logistics

National Vehicle Distribution (NVD) is using a system developed by German IT specialist Inform to manage finished vehicle distribution and yard management in Ireland. The SynchroTess system can track the approximately 400,000 vehicles NVD handles every year through each stage of storage, preparation and delivery. Michael Howlin, head of IT at the NVD, said the new system would transform the way the company did business.