Mon.Apr 29, 2024

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The Future of Supply Chain: Top 5 Supply Chain Trends in 2024

3PL Links

Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. It will be essential to prepare for and welcome them, particularly in the context of the difficult supply chain and procurement environments.

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Freight Recession: Opportunity or Threat with Steve Elwell

The Logistics of Logistics

Steve Elwell and Joe Lynch discuss freight recession: opportunity or threat. Steve is the Founder and Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm. About Steve Elwell Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI.

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Ferguson’s Commitment to Supply Chain Excellence Drives Customer Satisfaction

Logistics Viewpoints

Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. The article was about Ferguson PLC, a value-added distributor of plumbing and heating products. Ferguson has an extensive and complex supply chain. When I had an opportunity to catch up with Michael Jacobs, the senior vice president of supply chain at Ferguson, I leapt at the chance.

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The Important Role of Logistics in Enabling Risk Mitigation and Resilience Strategies

Talking Logistics

Over the past four years, due in large part to the Covid pandemic, there has been significant discussion about the importance of risk management in logistics and how companies must create more resilient supply chains. Logistics operations are key enablers in this process. We were reminded of this again recently when a cargo ship crashed. Read more The post The Important Role of Logistics in Enabling Risk Mitigation and Resilience Strategies appeared first on Talking Logistics with Adrian Gonzale

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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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Boston-Area Transit Authority Orders 80 Electric Buses from New Flyer

NGT News

The Massachusetts Bay Transportation Authority (MBTA) has awarded NFI Group subsidiary New Flyer of America Inc. a contract for up to 460 next-generation Xcelsior CHARGE NG 40-foot battery electric transit buses (BEBs). This contract includes a firm order for 80 vehicles, including 48 buses with New Flyer’s standard two-door configuration and 32 buses with an […] The post Boston-Area Transit Authority Orders 80 Electric Buses from New Flyer appeared first on NGT News.

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The Walmart RFID Tagging Mandate: Advantages and Compliance Strategies

Supply Chain Brain

While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.

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'Trucking bloodbath' or 'broker bloodbath': Who took the biggest hit?

Overdrive Online

Data and no shortage of anecdote show it's been a tough market for motor carriers these last two years. Yet despite many hurdles and handicaps asset-heavy carriers face, they're still doing better on the whole than brokers.

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Icom North America Secures Key Distribution Agreements with GM

NGT News

Icom North America, a provider of patented alternative fuel systems, tanks and components, has completed pivotal distribution agreements with General Motors. This milestone collaboration aims to accelerate the adoption of propane, natural gas and other alternative fuels across a wide spectrum of industries, including original equipment manufacturing (OEM) and aftermarket fleets, power generation, marine, agricultural, […] The post Icom North America Secures Key Distribution Agreements with

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Survey: 80% of Consumers Would Pay More for Sustainable Products

Supply Chain Brain

71% of consumers said that when comparing two products priced at $10 or less, they would choose the one that follows sustainable practices.

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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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DOE Pilot Brings First Curbside Charging Station to Illinois, Expands Access

NGT News

To advance the equitable adoption of electric vehicles throughout northern Illinois, ComEd joined the Illinois College of Optometry (ICO) and members of the Bronzeville community to commission the latest EV charging station as part of a first-of-its-kind U.S. Department of Energy (DOE) pilot to boost charging access for communities with limited access.

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Watch: Laser-Focused Logistics: The Value of LiDAR Technology in the Supply Chain

Supply Chain Brain

LiDAR, a remote-sensing method using pulsed lasers to measure range, is proving to be of high value in supply chain automation, says Peipei Zhao, president of North America with Robosense.

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Demystifying Hyperlocal Deliveries: Revolutionizing Convenience, One Neighborhood at a Time

Loginext

Hyperlocal deliveries are transforming convenience for consumers and businesses. LogiNext's delivery management software optimizes operations with features like route optimization, real-time tracking, and geofencing. It enhances efficiency, reduces costs, and improves customer satisfaction. As hyperlocal deliveries gain popularity, we empower businesses to thrive in this dynamic landscape, revolutionizing convenience one neighborhood at a time.

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U.S. Companies Call for Crackdown on Chinese Solar Imports

Supply Chain Brain

U.S. manufacturers are calling for tariffs ranging between 70% and 271% on solar panels coming from four Southeast Asian countries.

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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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Small fleet owner determined to sharpen value to direct customers

Overdrive Online

Part 2 of this Overdrive Radio podcast talk with small fleet owner Surinder Gill follows on the collapse of the Convoy brokerage, Gill's former principal partner for freight, and his new resolve to be there for change in shippers' approach to carriers.

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Red Sea Diversions Spew Carbon Emissions Equal to 9 Million Cars

Supply Chain Brain

While significant, the extra emissions are a fraction of what the shipping industry spews into the atmosphere each year.

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Polestar, StoreDot Charge Prototype from 10 to 80 Percent in 10 Minutes

NGT News

Polestar and fast-charging battery pioneer StoreDot have successfully demonstrated the implementation of StoreDot’s Extreme Fast Charging (XFC) technology in a car for the first time, charging a Polestar 5 prototype from 10% to 80% in just 10 minutes. The fully drivable verification prototype saw a consistent charge rate starting at 310 kW and rising to […] The post Polestar, StoreDot Charge Prototype from 10 to 80 Percent in 10 Minutes appeared first on NGT News.

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Thames Light Freight Project Looking for Partners

Logistics Business Magazine

The Thames Estuary Growth Board (The Growth Board) is seeking partners to join a landmark project aimed at tackling London’s congestion and pollution by shifting light freight transport from the city’s roads to the River Thames. The project, aims to reduce the number of Heavy Goods Vehicles (HGVs) on the streets, reducing congestion and pollution throughout the city.

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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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Tool Enables EV Drivers to Estimate Their Fuel Savings

NGT News

A new tool launched by the U.S. Department of Energy’s (DOE) Argonne National Laboratory enables drivers to estimate, at the ZIP code level, how much they save on fuel costs by driving a plug-in electric vehicle: either a plug-in hybrid (PHEV) or a battery electric vehicle (BEV). The tool, Driving Electric: Local Fuel Savings Calculator, […] The post Tool Enables EV Drivers to Estimate Their Fuel Savings appeared first on NGT News.

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U.S. Demand for Shein, Temu Prompts Rise in Air Cargo Rates

Supply Chain Brain

The market in air cargo from China to the U.S. is already under strain because of limited flights.

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U.S. Government and Ports Bracing for Cyberattacks As Hacks Heat Up

MTS Logistics

In a recent call, a top Biden Administration cybersecurity official pushed the country’s ports to encrypt their data amid recent threats. The U.S. government further urged ports to quickly address vulnerabilities in critical systems and educate staff to protect against cyber attacks. Recently, hacks against major U.S. infrastructure escalated.

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Biden Administration Enacts Suite of Guardrails for Use of AI

Supply Chain Brain

The executive order includes a report from the Department of Energy on how AI can be used to reach various climate goals.

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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.