March, 2017

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Digital Transformation: An Imperative for Industrial Manufacturing in 2017

GlobalTranz

Are industrial manufacturers seizing all the opportunities of a more digital world? Possibly not. A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. This is concerning. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left

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Freightos International Freight Index Update March 5-12 2017 (W10)

Freightos

Freightos Freight Index Update. March 5-12 2017 (W10). By Noam Fraenkel, VP Data & Analytics, Freightos. Weekly insights from the Freightos International Freight Index. Despite talks of a seller’s market, China-US spot rate import prices for 40’ containers have continued to drop ever since peaking prior to the Chinese New Year in January. This continued drop represents a potential market correction and return to 2016 prices.

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Augmenting Your Logistics Operations with Digital Yards

Talking Logistics

Thanks to advancements in technology including cloud computing, internet of things (IoT), drones, and mobile, yard visibility and management are now reaching new heights as the picture of the “Digital Yard” comes into very clear focus. No longer relegated to using clipboards, spreadsheets, and manual systems to manage their yard assets, companies are asking themselves questions like: How can we better leverage today’s advanced technologies to run our yards even more efficiently?

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10 Common Questions About Importing Your Goods via Ocean Freight

Dedola Global Logistics

Archives If you’re new to importing goods via ocean freight, you probably have a lot of questions. As international freight forwarders , we get a lot of questions from importers who are interested in bringing in their goods by ocean freight. Here are the 10 most common questions we hear (and answers) about shipping via ocean : 1. How long does it take to receive my cargo?

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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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How a 3PL Can Help With Your Apparel Business Cash Flow

Apparel Logistics

As April 18 looms, more American businesses are turning their attention to taxes and cash flow. Whether you're stressed about the impending deadline or wondering how you can get a leg up on next year's tax season, you may wonder whether using a third-party logistics (3PL) provider could help your business. Partnering With a 3PL Provider Reduces Your Tax Pressure.

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5 Ways To Help Avoid Freight Damage & Loss Claims

GlobalTranz

Shippers and sellers have plenty of things to consider. They must think about what customers will want today, tomorrow and two months from now. Meanwhile, are freight costs going to rise or decrease? Will Mother Nature throw a wrench into a shipment, causing extra delays or even freight damage? These questions reflect the woes of freight loss among shippers and sellers, but proper packing and packaging can help prevent freight damage, assuming it is not the result of a natural or manmade disaste

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Behind the $5 billion dollars in logistics technology investments

Freightos

Behind the $5 billion dollars in logistics technology investments. By Eytan Buchman, Head of Marketing, Freightos. Today Freightos announced a $25 million dollar funding round , led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing.

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IT in the Age of Supply Chain Complexity

Talking Logistics

“There is a certain limit to what you can optimize just within the four walls of your company,” said Artur Zgoda, Director of Supply Chain IT Solutions at AXIT- A Siemens Company , in a recent episode of Talking Logistics. “The next big opportunity for benefits is to go beyond your four walls and integrate and collaborate with your suppliers, customers, and other trading partners to enable joint supply chain processes.”.

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Streamline Your Supply Chain with a Network Analysis

CH Robinson Logistics

4 Signs It’s Time for a Network Analysis.Transportfolio. Supply chains are innately complex. The dynamic global marketplace, ever-changing landscape of the transportation industry, and shifting business goals provide the right environment for complexity to thrive. That’s where working with a third party logistics provider (3PL) with knowledgeable supply chain engineers comes into play.

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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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The Stay at Home Economy and Its Supply Chain Impacts - Part 1: Definition

10xLogistics

I have noticed a bit about my own behavior and started looking to see if it was just me or was it a "trend" (I am not usually "trendy"). The behavior is simple: I just stay at home more and I have made my home a bit of a "Disneyland". Rather than go out for entertainment, I have it brought to me. Instead of going out to buy things, I had them brought to me.

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Dynamic Pricing in the Apparel World

Apparel Logistics

Dynamic pricing, often called real-time pricing or price optimization, is a flexible pricing system that's revolutionizing the online retail industry. Long used in the travel sector, it's becoming more common in a range of online retail fields. Take a closer look at how it works in the apparel industry and the benefits dynamic pricing can bring to your business.

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[Infographic] Does US Manufacturing Need a Savior?

GlobalTranz

Apparently, US manufacturing needs a ‘messiah’. Industry 4.0 and services are being touted as potential ‘saviors’, but hold your horses, why is there this perception that manufacturing in the USA needs rescuing? It’s time to get to the crux of this…. It’s a sad statement to have to make, but US manufacturers are often their own worst enemy, with many industry insiders ‘attacking’ manufacturing in the USA rather than championing this valuable sector.

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Freightos International Freight Index Update March 13-19 2017 (W11)

Freightos

Freightos Freight Index Update. March 13-19 2017 (W11). By Noam Fraenkel, VP Data & Analytics, Freightos. Before you dive in, we just wanted to let you know that you can now download charts or data directly from the index. Head over now to check it out or learn more here. . China-US Ocean Freight Trends. 40′ container rates for China – US West Coast and China – US East Coast are still easing.

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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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Uber: The Newest Entry on Your Carrier Scorecard

Talking Logistics

A few weeks ago on Talking Logistics, I spoke with Frank McGuigan, President and Chief Operating Officer at Transplace , about a variety of transportation trends, including the emergence of Uber as a logistics service provider. Uber officially launched UberFreight right after Christmas last year, but there still isn’t much information on the homepage, other than its creative tagline with its double meaning: “We’re in for the long haul.”.

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Tesco UK selects Transporeon Group solution for inbound goods management at its UK distribution centers

Transporeon

In January, 2017, Tesco UK signed a contract with the Transporeon Group for its retail division, Mercareon, to implement a cloud-based software-as-a-service solution for managing inbound logistics flows at all Tesco UK Distribution Centers. As well as improving inbound goods handling processes at 35 Tesco facilities across the UK, this time slot management solution will provide greater transport visibility and enable Tesco UK to more easily and cost-effectively assign transport orders to a close

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Macroeconomic Monday® - Inventory to Sales Ratio

10xLogistics

Goes to show, I should never take a break from blogging. "While I was out", the inventory to sales ratio in the economy has made a very nice move. While not even close to the post recession area it is starting to move down which indicates the bleeding off of inventory has begun. Of course, for transportation to tighten, and rates to go up, this will need to tighten some more.

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Apparel Logistics and Seasonal Demand

Apparel Logistics

Managing logistics in the apparel industry is predictable only in its unpredictability. When viral social media posts and celebrities' snap decisions determine the trends, it's nearly impossible to anticipate when a sudden surge in demand may occur. Fortunately, online tools and smart third-party logistics solutions have made it easier to keep up, even with the breakneck pace of today's seasonal fashion trends.

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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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IoT, Robotics and Artificial Intelligence in Manufacturing… The Game is Changing

GlobalTranz

As Maurice Conti has said in one of his presentations , we have arrived to the augmented era, in which Artificial Intelligence in manufacturing gains a new role. Until now all our tools were passive: we told them what to do and they did it. But the future holds a new era where artificial intelligence in manufacturing will come up with its own designs, its own ideas, its own products.

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Freightos Raises $25 Million Round Solidifying Position As Digital Global Freight Leader

Freightos

Freightos Raises $25 Million Round, led by GE Ventures, to Expand Marketplace. Press Release. Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. (March 29, 2017) – Freightos ®, the logistics technology company bringing freight online, today announced the completion of a $25 million Series B extension round, led by GE Ventures , with participation by additional investo

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This Week in Logistics News (March 20-24, 2017)

Talking Logistics

Our hearts and prayers go out to the people of London following this week’s terrorist attack. So sad, so senseless. May the days ahead be filled with peace and healing, for all the injured and mourning, and for all of us. Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). eBay to Roll Out Guaranteed Delivery for 20 Million Items.

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Overcoming e-sourcing apprehension

Transporeon

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

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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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Schneider IPO Price Set Between $18 and $20. Big Pay Day for Family

10xLogistics

Three things to know about the Schneider ( SNDR ) IPO ( JSonline ): The family remains firmly in control - in fact the company will still be considered a "closely held" company. Family will net about $230M $359M to the company of which roughly half is used to pay down debt and 1/2 to buy chassis.

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When Your Apparel Warehouse IT Goes South

Apparel Logistics

When it comes to warehouse setups, having the proper equipment and software is the difference between success and massive failure. This has been seen throughout the ages as innovations have been used to increase production while reducing costs. Here are some of the most infamous warehouse failures. Getting Too Big for Your Britches. Have you heard of Webvan?

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Top 4 Reasons Why Package Optimization Also Benefits Your Supply Chain

GlobalTranz

When you’re looking for ways to benefit your company’s supply chain, you probably look for ways to reduce time or costs in various departments. In most cases, this comes down to the way you might ship, store or produce the products you sell. But what about the way you package those products? Product packaging isn’t typically something you think about in supply chain and logistics, but it actually plays a major role in shipping and producing your products.

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Freight Index Update March 20-26 2017 (W12)

Freightos

Freightos Freight Index Update. March 20-26 2017 (W12). By Noam Fraenkel, VP Data & Analytics, Freightos. A reminder, before you dive in, we just wanted to let you know that you can now download charts or data directly from the index. Head over now to check it out or learn more here. . China-US Ocean Freight Trends. 40′ container rates for China – US West Coast and China – US East Coast are still easing.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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Editor’s Pick: Updating Your Planning Strategies to Industry 4.0

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. Today’s post is by Kris Kosmala from Quintiq where he shares four takeaways and recommendations to succeed in today’s more digital and automated business environment.

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How the Right Freight Forwarder Can Maximize Your eCommerce Business

Dedola Global Logistics

Archives You know how much work goes into running your eCommerce business. So when it’s time to start importing your goods, why add to that workload by trying to figure out the logistics of shipping freight? Simplify your life and streamline the shipping process by hiring the right freight forwarder. Below are ways the right freight forwarder can add value to your eCommerce business and maximize it, too: They help you focus on your core competency Chances are your eCommerce business is a fairly

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Michigans Role in the Growing Mobility Industry

3PL Insights

Even with its role in the global auto industry losing its luster in recent years, Michigan has rapidly transitioned to growth in the mobility sector. Through various programs and initiatives, Michigan is working to play a crucial role in the automation of driving, certain to rock every corner of the economy over the next few decades. Organizations such as the University of Michigan’s Mobility Transformation Center, the Michigan Department of Transportation, Business Leaders for Michigan, the Ame