Wed.Feb 19, 2020

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Warehouse Operations: Optimizing the Cycle Counting Process

Cyzerg

The cycle counting process is one of the most tedious warehouse tasks, but is an important process to control for the prevention of potential sale losses. These losses stem from out-of-stock situations, which are brought on by inaccuracies in the inventory. To catch these inaccuracies, it is important to do the cycle counting accurately and efficiently.

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Procurement Collaboration for Business Integration

SIPMM Professional Publications

With collaborative procurement, we can find valuable partners within treasury, product development, legal, line-of-business, and suppliers, and extend the value of procurement beyond its four walls. Common goals, shared information, linked processes and systems, and above all, mutual understanding, can enhance the value of procurement’s relationships inside and outside of the enterprise.

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ARC’s Analysis of the Global Automated Storage & Retrieval Systems (AS/RS) Market

Logistics Viewpoints

ARC Advisory Group’s framework and process for analyzing the global AS/RS market provides valuable insights into the competitive environment, influential factors, and growth dynamics of this rapidly evolving and expanding market. AS/RS in this context includes traditional AS/RS, shuttle systems, and cube-based automated storage systems. The post ARC’s Analysis of the Global Automated Storage & Retrieval Systems (AS/RS) Market appeared first on Logistics Viewpoints.

Analysis 101
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Spend Data Analytics for Effective Procurement

SIPMM Professional Publications

How do analytics support a Procurement Organizations? Let us take a look at the challenges of implementation: data is in multiple system, existing data is not analysed, skill set in an organization is not available, right technology is not available and one-off versus operationalised. With the advancement in automation it has completely changed the business […].

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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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Freight & Transportation Management Trends for 2020 to Know

GlobalTranz

The transportation management trends for 2020 reflect a growing consensus that new technology and visibility will define the successes of the future supply chain. Adoption rates for new services and cloud-based technologies are climbing, and the global transportation management system (TMS) is expanding. In fact, according to FreightWaves, the global TMS market will achieve a.read More.

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More Trending

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Growing U.S. infrastructure deficit necessitates a new paradigm, Fitch Ratings maintains

Logistics Management

Any government plan for renewing and advancing essential US infrastructure requires a new paradigm to adequately address the infrastructure funding deficit, says Fitch Ratings.

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The Most Significant Ways in Which Warehousing is Changing — Part 2

Morai Logistics

Given the changes warehousing has experienced recently and the multitude of new technology associated with it, it’s critical to know what’s next for warehouses. Warehouses have become a hub for innovation in supply chains. Due to the pressures placed upon them by modernity, they’ve had to grow. As such, warehouses are now a source of technological advancement where they were once stagnant.

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Propane Buses Ready for New Mexico’s School Year

NGT News

The New Mexico Public Education Department, Los Lunas Public Schools, Magdalena Municipal School District and Moriarty-Edgewood School District (MESD) say they have purchased 17 Blue Bird Vision Propane buses equipped with ROUSH CleanTech propane fuel systems. The 17 Blue Bird Vision Propane buses will be the first propane buses to operate in the state. “Our […].

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Cass Freight Index Report sees more shipment and expenditure declines in January

Logistics Management

January shipments—at 1.022—fell 9.4%, marking its largest annual decline going back to 2009, while also dropping 2.9% compared to December, and January expenditures—at 2.568—fell 8% annually and were down 5.7% compared to January 2019.

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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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Motiv Opens EV Service Center in San Joaquin Valley

NGT News

Motiv Power Systems, a sustainable technology company that specializes in software platforms for the electrification of medium-duty trucks and buses, says it has opened a new facility in Stockton, Calif. The facility will serve as a pre-delivery inspection and service center enabling local and efficient customer support. Along with U.S.-based engineering and assembling, this service […].

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DOT applies for $1 billion in FY 2020 BUILD grant funding

Logistics Management

Coming on the heels of the White House last week issuing its proposed Fiscal Year 2020 budget, which had a sharp focus on transportation infrastructure, the United States Department of Transportation (DOT) this week sent out a call for infrastructure funding, albeit in a different way. DOT said it published a Notice of Funding Opportunity (NOFO) in order to apply for $1 billion in FY 2020 discretionary grant funding through the Better Utilizing Investments to Leverage Development (BUILD) Transpo

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7 Steps to Build Your Strategy and Roadmap for Digital Transformation – Part 2

SYSPRO Smarter ERP

Digital technologies are transforming how businesses operate. Manufacturers today understand the importance of these changes but many find it hard to keep pace with technological advancements. Without a precise strategy in place, successfully deploying your first initiative towards digital transformation is going to prove extremely challenging. According to Jonathan Gross of Pemeco Consulting, here are 7 steps to help you […].

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U.S. Gain Opens RNG Fueling Station at the Moreno Valley USD

NGT News

U.S. Gain, a company that specializes in the development, procurement and distribution of renewable natural gas (RNG), says it has completed a new onsite natural gas fueling station for Moreno Valley Unified School District (USD). The station is supplied with RNG, providing the district with strong environmental and economic returns. Moreno Valley USD, located in […].

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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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Credit where it’s due — to a tow company from a thankful owner-op team

Overdrive Online

“We need more honest, professional and understanding towing companies,” says LeeLee Banks, team owner-op with her husband, Joseph. "There are too many that take advantage of the situation and muscle/rob small carriers." Fortunately, she and her husband found one in South Carolina after a recent mishap.

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Air Cargo on the Lower Deck – Lower Carbon Emissions Than You Think

Freightos

Air cargo has a bad reputation as the freight mode with by far the worst CO 2 footprint. It turns out that this negative reputation may be highly exaggerated and air cargo is less of an environmental hazard than often thought. CO 2 emissions for the various modes of freight are usually measured in terms of grams of CO 2 emitted per ton-kilometer of freight – that is per ton of freight and per kilometer (km) of distance.

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Daimler Trucks’s E-Mobility Group Begins Electric-Truck Charging Initiative

NGT News

Daimler Trucks & Buses, one of the world’s largest commercial vehicle manufacturers, says it has started the “eTruck Charging Initiative,” through its E-Mobility Group, the goal of which is to establish a charging infrastructure for battery-electric trucks. Within the framework of the initiative, the E-Mobility Group aims to bring together a variety of interconnected professions […].

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Sizing up the labor market, and what to do next

Truck News

Labor shortages in trucking and logistics are an ongoing concern. Employers and employees across the country feel increasing pressure from longer recruiting processes, reduced productivity, and the fact that our pool simply continues to shrink.

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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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Crowley’s New Honduras Office Supports Logistics Growth & Efficiency

Logistics Manager

Crowley Logistics has expanded into new, modern administrative offices in Honduras to support the continued growth of its industry-leading supply chain services between the U.S., Central America, and the Caribbean. The new office at the Nuevos Horizontes Business Center (NHBC), in San Pedro Sula, will enhance collaboration among Crowley professionals providing sales, customer care and customer operations (freight services) there, as well as employees in financial services and other general busi

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Gilbarco Veeder-Root Invests in Driivz to Expand EV Charging Solutions

NGT News

Gilbarco Veeder-Root (GVR), a company that specializes in retail and commercial fueling operations, says it has signed an investment agreement with Driivz, a company that delivers smart electric vehicle (EV) charging management solutions. This minority investment further expands GVR’s EV capabilities to enable more comprehensive solutions for forecourts and fleet applications.

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First Liebherr Portal Slewing Crane in the US

Logistics Manager

New Liebherr Portal Slewing crane type LPS 420 for North Carolina Ports facility at the Port of Morehead City, USA Special curve running gear allows the crane to travel through a 90-degree bend with an inner curve radius of 90 meters Multi-purpose crane to handle bulk and project cargo North Carolina Ports opted for a new Liebherr portal slewing crane type LPS 420.

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BBAM Orders Three 737-800 Boeing Converted Freighters

Airfreight Logistics

SINGAPORE, February 11, 2020 — BBAM and Boeing [NYSE: BA] announced the lessor has ordered three 737-800 Boeing Converted Freighters (BCF), underscoring the growing e-commerce and express sector of the air cargo market. BBAM has one of the world’s biggest Next-Generation 737 fleets and has chosen the BCF program to convert three airplanes in its existing fleet.

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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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Freightcamp 2020 to be held in Amsterdam

Logistics Manager

The Dutch capital will host the ninth edition of Freightcamp, organized by Pangea Group, with the main objective of offering all Pangea and Connecta members the possibility of promoting their companies, establishing new contacts, and exploring business opportunities. From November 3 to 5, the doors of the Novotel Amsterdam City will open to receive about 200 independent freight forwarders from around the world, with new projects and business opportunities in the transport and logistics sector.

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White Gloves for Luxury Fashion: DB Schenker launches La Conciergerie Service

Airfreight Logistics

DB Schenker has expanded its product portfolio with its new La Conciergerie service and is now the first logistics provider to offer personalized white-glove treatment for the world’s leading luxury fashion brands. With the launch of La Conciergerie, clients can now rely on DB Schenker to set up a unique customer experience through discrete and customized on-demand deliveries of sensitive and urgent fashion goods to their VIP clientele.

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Revenue Recognition Procedure Changes Food & Beverage Companies Should Watch Out for Due to ASC 606

Mazars Ledger

In May 2014, the Financial Accounting Standards Board (FASB) issued a new accounting standard which changed the way revenue is… The post Revenue Recognition Procedure Changes Food & Beverage Companies Should Watch Out for Due to ASC 606 appeared first on Insights Center - Mazars - United States.

Article 52
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Marine Insurance and why your Shipments need it

Dedola Global Logistics

Marine Insurance and why your Shipments need it. Updated 2/19/2020, originally posted November 2018. Marine Insurance and why your Shipments need it. For homeowners and drivers alike, insurance is necessary to protect you and others. But when it comes to international trade, not all importers realize the importance of marine insurance (otherwise known as cargo insurance).

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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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Revenue Recognition Procedure Changes Food & Beverage Companies Should Watch Out for Due to ASC 606

Mazars Ledger

In May 2014, the Financial Accounting Standards Board (FASB) issued a new accounting standard which changed the way revenue is… The post Revenue Recognition Procedure Changes Food & Beverage Companies Should Watch Out for Due to ASC 606 appeared first on The Ledger - Mazars USA.

Article 52
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Hyundai, Canoo Co-Develop Platform for EVs

NGT News

Hyundai Motor Group and Canoo, a Los Angeles-based company that creates and offers unique electric vehicles (EV) for subscription only, say that Hyundai has engaged Canoo to jointly develop an EV platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia models. As part of the collaboration, Canoo will provide engineering services to […].

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Receiving eCommerce Order Information (Chapter 2)

Camelot 3PL Software

This is Chapter 2 of 13 in our eBook on eCommerce Fulfillment for 3PL Warehouses. See the link below to download the full ebook. In order to begin fulfillment, the warehouse must have a way to get the order information. With the growth in technology, the electronic transfer of data is the preferred method for obtaining orders. The first 2 principles of handling high volume eCommerce fulfillment are to Establish System-Driven Automation thereby Reducing the Manual Entry of Data into the system.