Cyzerg

AUGUST 14, 2020

Much has been said about cloud-logistics technology solutions—more specifically, all the benefits that businesses can reap by using the cloud. But how can you know if cloud computing is right for your logistics business? Well, it depends! In just a few years, cloud logistics solutions have taken the industry by storm, and decision makers have been thinking of “moving to the cloud” as the magical solution that will eliminate technology headaches and reduce cost.

Logistics Network Optimization Software 337

Logistics Network Optimization Software Cost Reduction Logistics Industry 337

Food Logistics

AUGUST 14, 2020

Good supply chain competency models assess what key skills and performance goals must be met and maintained for the success of the overall business.

Modeling 167

Modeling Supply Chains Maintainability 4PL 167

Logistics Management

AUGUST 14, 2020

Following an April, which marked its lowest reading ever, at -28.66, the May edition of the TCI showed modest improvement, to 5.19. And June, the most recent month for which data is available, came in at 11.35, which FTR said is the highest TCI reading in a decade.

Trucking 147

Trucking Availability Data 147

SYSPRO Smarter ERP

AUGUST 14, 2020

The effects of the Coronavirus pandemic are far from over and a recovery timeframe is anything but certain. Among the strategies that businesses are adopting during this time in order to keep costs in check and reduce the size of layoffs, is to focus on procurement to maintain ongoing supplies of materials and components, and to […]. The post 6 Challenges Facing Procurement and How to Address Them appeared first on SYSPRO US.

Manufacturing Procurement 119

Manufacturing Procurement Procurement Material Savings Cost Reduction 119

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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.

Transportation

Logistics Management

AUGUST 14, 2020

Commerce reported that July retail sales—at $536 billion—were up 1.2% compared to June and were up 2.7% annually. And total retail sales, from May through July, were down 0.2% annually. NRF’s July data, which excludes automobile dealers, gas stations, and restaurants in order to focus on core retail sales, pointed to a 1% seasonally adjusted gain over June and a 10% unadjusted annual increase.

Data 133

Data Ordering 133

Logistics Management

AUGUST 14, 2020

The July edition of the DAT Truckload Volume Index, which was issued this week by DAT Freight & Analytics, a subsidiary of Roper Technologies and operator of an online marketplace for spot market truckload freight, pointed to gains, at a time when market conditions and freight demand remain impacted by the ongoing COVID-19 pandemic.

Freight 132

Freight Operations 132

NGT News

AUGUST 14, 2020

Gov. Ned Lamont, together with Sen. Richard Blumenthal, Sen. Chris Murphy and Congressman Jim Himes, says the Connecticut Department of Transportation (CTDOT) has been awarded a $6.7 million federal grant to modernize the CTtransit bus facility in Stamford by providing accommodations for battery-electric buses, which will soon be used on the system.

Transportation 98

Transportation Trucking 98

Logistics Management

AUGUST 14, 2020

Entitled “VOLATILE—Latest Third-Party Logistics Market Results and Predictions for 2020 Including Estimates for 190 Countries,” the report takes a deep dive into myriad subsets of the 3PL industry, including Value-Added Warehouse Distribution (VAWD), Dedicated Contract Carriage (DCC), Domestic Transportation Management (DTM); and International Transportation Management (ITM).

3PL 129

3PL Distribution Transportation Industry 129

NGT News

AUGUST 14, 2020

Xcel Energy says it is committed to powering 1.5 million electric vehicles (EVs) in its service areas by 2030. As a result of Xcel Energy’s commitment, EVs would make up 20% of all vehicles on the road in those areas, more than 30 times the number today, helping save customers billions of dollars in fuel […]. The post Xcel Energy Commits to Powering 1.5 Million EVs by 2030 appeared first on NGT News.

Trucking 98

Trucking 98

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

Logistics Network Optimization Software

Logistics Management

AUGUST 14, 2020

Company officials said that this service offering addresses the complexities associated with the last leg of a shipment’s route to its destination, adding that its GlobalTranz TMS is equipped with a built-in final mile module that automatically pairs the LTL linehaul carrier with a properly equipped, dedicated final mile carrier.

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Food Logistics

AUGUST 14, 2020

The Supply Chain Network (SCN) Summit is a premier virtual event educating logistics professionals on critical issues impacting the supply chain industry.

Supply Chains 78

Supply Chains Networks Events Industry 78

Logistics Management

AUGUST 14, 2020

United States-bound July shipments—at 1,059,070—were off 5.8% annually and are down 3.9% year-to-date, at 6,845,061. Despite the declines, Panjiva said the 3.7% TEU decline represented the slowest rate of decline going back to January and is an improvement compared to June’s 8.4% annual decline. What’s more, it marked a 16% increase, from June to July, with the firm noting that is the fastest start to a peak season since at least 2007 and “is indicative of a broad-based recovery in supply chains

Data 84

Data Supply Chains 84

NGT News

AUGUST 14, 2020

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., to produce renewable fuels. The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. The Phillips 66 Rodeo Renewed project […].

Logistics 80

Logistics 80

Advertiser: GEP

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.

Sourcing Strategies

Logistics Management

AUGUST 14, 2020

When longtime shipping industry executive Bryan Brandes was named Maritime Director at the Port of Oakland last June, he quickly took the helm by leading a staff of 20 responsible for one of the nation’s 10 largest container gateways.

Maritime 75

Maritime Logistics Industry 75

Trucker Dump

AUGUST 14, 2020

(c) Can Stock Photo / Feverpitched The topic of today’s show is CDL Farms and why you should be careful when choosing a truck driving school. I interview a driver who went to one and you won’t believe how bad his school was! But before that we’ve got stories about safety blitzes and recalls, electric. The post TD147: Be Careful Choosing A Truck Driving School appeared first on About Truck Driving.

Trucking 62

Trucking Training Industry 62

Logistics Management

AUGUST 14, 2020

With an eye on improving same-day and next-day fulfillment options for customers, Mooresville, N.C.-based home improvement retailer Lowes Companies Inc. said this week laid out its plans for its supply chain transformation efforts focused on improving home delivery and to support increased demand from both do it yourself (DIY) and pro customers.

Supply Chains 73

Supply Chains Supply Chain Transformation Scenario Planning Networks 73

Globalior

AUGUST 14, 2020

Delivered Duty Paid or DDP , is the only Incoterm that requires the seller to act as the importer of record in the buyer’s country. Buyer’s typically opt to trade on this term when they want a risk free or hassle free experience. In general, it is the accepted practice in most countries that the buyer has no responsibilities or obligations towards Customs procedures when using DDP.

Purchasing 52

Purchasing Presentation Examples Production 52

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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.

Inventory Reduction

Logistics Management

AUGUST 14, 2020

Total POLA volume—at 856,389 Twenty-Foot Equivalent Units (TEU)—represented the busiest month, year-to-date, for the port, as well as being the second best July for POLA on record. Total July POLB volume—at 753,081 TEU—marking the busiest month in for the port in its 109 years of operation, beating a previous record set in 2018, and marking a 21.1% annual increase.

Operations 70

Operations 70

Forto

AUGUST 14, 2020

Eine gut durchdachte Planung ist das A&O eines jeden Amazon FBA Sellers, der seine Produkte aus China importiert. Denn nur so lässt sich verhindern, dass man out of stock geht – und es gibt nahezu nichts, was einem Amazon Business mehr schadet, als das. Um Engpässe zu vermeiden und bestenfalls die Marge noch zu optimieren, sollten Sie bei Ihrer Planung vor allem auch die chinesischen Feiertage im Blick haben, um mit einer vorausschauenden Lagerbestands- und Import Planung ent

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52

Globalior

AUGUST 14, 2020

Demurrage is a cost paid to a shipping line when the owner of cargo is not able to take full delivery of the cargo within the stipulated time. In other words, the owner has to pay these penalty fees when the demurrage free days are exceeded. Demurrage free days can also be referred to as laytime. This can apply to all types of cargo, such as containerized cargo, loose cargo and charter party arrangements.

Negotiating Skills 52

Negotiating Skills Document Cargo Scenario Planning 52

Forto

AUGUST 14, 2020

Well thought-out planning is essential for every Amazon FBA seller who imports products from China. Careful planning is the only way to prevent going out of stock — and there is almost nothing that harms an Amazon business more than that. In order to avoid bottlenecks and, at best, to optimize your profit margin, you should keep the Chinese holidays in mind when planning.

How To 52

How To Tips Inventory Reduction Optimization Software 52

Advertiser: GEP

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

Cost Reduction

World Food Programme Logistics

AUGUST 14, 2020

A terrifying experience for WFP staff on an assessment mission in South Sudan. Benjamin Nicholas Vuni, after receiving first aid moments after the ambush. Photo: WFP Story by Musa Mahadi For ten years Benjamin Nicholas Vuni, in his role as a senior security staffer with the World Food Programme in South Sudan, has trained colleagues and visitors alike in how to remain safe and survive attacks in the field while on mission.

Security 52

Security Exercises Training Ordering 52

RPA Labs

AUGUST 14, 2020

In the logistics industry the amount of paperwork can be seemingly endless – BOLs, PODs, freight and commercial invoices, packing lists, customs documents – the list goes on. By now, many companies have implemented some form of document OCR to extract the information from the documents, but what happens once that is done? Employees are left with a stack of documents to be manually filed – indexed – into their corresponding folders.

Document 40

Document Vendor Strategies Cost Reduction Expense Reduction 40

247 Customs Broker

AUGUST 14, 2020

As a child, I remember sitting on my grandmother’s lap in the evenings to watch Walter Mercado. Sometimes I watched with my mother too, the… The post Above the Fold: Supply Chain Logistics News (August 14, 2020) appeared first on 24/7 Customs Broker News.

Supply Chains 36

Supply Chains Logistics Network Optimization Software Logistics Transportation 36

Logistics Business Magazine

AUGUST 14, 2020

Descartes has provided worldwide logistics service provider KLG Europe, with its e-Customs solution to support with the impending compulsory customs declarations processes post Brexit. Freight forwarder KLG Europe’s operations have been predominantly conducted within the EU, meaning that prior to Brexit, customs declarations have not been necessary for the organisation.

Training 35

Training Freight forwarding After-sales Outsourcing 35

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To continue scaling your omnichannel business, you need to manage a lot of orders across a lot of different channels and marketplaces. Some brands do this by hand. Some try to force their ERP to manage it. Others rely on a complex system of cross-referencing the dashboards of their various channels. None of these is an effective or sustainable solution.

Ordering

247 Customs Broker

AUGUST 14, 2020

Natural stone and concrete supplier Marshalls has take a 10,260 sq ft site at St. Modwen’s £260 million Park Access 18 industrial and logistics site… The post Marshalls builds foundations in Avonmouth appeared first on 24/7 Customs Broker News.

Industry 36

Industry Logistics Freight 36

Supply Chain Brain

AUGUST 14, 2020

For businesses today, merely surviving the pandemic and economic downturn is tough enough — but not enough.

Strategy 40

Strategy Supply Chains 40

247 Customs Broker

AUGUST 14, 2020

It is back to school shopping season again, but things sure have changed. With the future uncertain, coronavirus could push back-to-school shopping to record levels… The post This Week in Logistics News (August 8 – 14) appeared first on 24/7 Customs Broker News.

Logistics 36

Logistics Supply Chains Freight 36