5 examples of the black swan theory

Logistics at MPEPS at UPV

Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. The video game industry has taken the trend and has also dramatically changed course.

Mining Industry on an Upswing – More Than Project Logistics Needed to Make a Difference

Logistics Matter

The mining industry is booming, especially in the Russia and CIS regions. The focus on carbon footprints has had a positive effect on the mining industry in these regions. For example, the increased interest in electric vehicles and other electrically powered machines […].

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How Sustainability is Molding the Chemical Industry

Trinity Logistics

The chemical industry faces complexities every day. One of the significant challenges facing the chemical industry today is the pressure for sustainability. With climate change in the spotlight, consumers are taking notice, and sustainability is molding the chemical industry.

What is Cost to Serve? – A Great Example

Logistics Bureau

Here’s an industry that really understands the expectations of their customers! Watch the full video below. Subscribe to our Youtube Channel. Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307. P.S. Please feel free to leave a comment and tell us what other information or tips you would like to hear. Cost to Serve Customer Service

5 Messaging Mistakes Tech Recruiters Cannot Afford to Make

To stand out in a sea of emails and messages that top candidates receive daily, employers need to personalize their approach and avoid these 5 common messaging mistakes that could be hindering their response rate.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

GlobalTranz

Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments. For instance, Martine Jarlgaard and Provenance are working toward this process in the fashion industry. The days of managing supply chains through databases and changing information are over.

Straight Talk on 5G for Industrial Applications

Logistics Viewpoints

However, the 5G protocol is slowly evolving to add more features for industrial applications. Like many other large industrial manufacturers, Covestro has been very interested in 5G as a key enabler of the Smart Factory. For industry, 5G is a developing technology.

Update on the Automotive Industry

Logistics Trends and Insights

The automotive industry has undergone quite the transformation from the days of Henry Ford and the Model T. There are five factors driving these changes in the industry, according to a PwC study which uses the acronym “easy” to explain what it calls “mobility of the future.”

Covid-19 radar: Do it, DSV – time to lead by example

The LoadStar

Covid-19 has had immediate industrial consequences likely carrying long-term effects on our capitalistic society – which may, or may not, have changed forever when we eventually get out of the pandemic. The post Covid-19 radar: Do it, DSV – time to lead by example appeared first on The Loadstar. 5 minute read.

3 Things Good, Lean Visuals Have In Common & Mieruka: The Four Different Types of Visuals with Examples

GlobalTranz

As a company that makes specialized magnetic whiteboards, Magnatag works with employees who are implementing lean programs in a variety of industries. To find out more information about the examples in this post, please visit Magnatag Visible Systems website. Mieruka : The Four Different Types of Lean Visuals with Examples. Here we discuss the purpose and definition of each category, and provide examples from Toyota’s factories and service oriented companies.

Building AI to Unlearn Bias in Recruiting

Let’s take some examples of bias challenges in AI. help it tune for the specific use case and industry. Building AI to Unlearn Bias in. Recruiting How to use AI and machine learning to ensure diversity in the.

Shortages are Affecting the Chemical Industry

Trinity Logistics

Specifically, raw material and product shortages are affecting the chemical industry. With many other industries relying on the chemical industry, this is becoming a significant challenge to overcome. Shortages in the chemical industry have worsened over the last quarter.

How Will Biden’s Infrastructure Plan Impact Trucking and Freight Industries?

United World Transporation

So, what does that mean for the trucking and freight industries? Keep reading below to find out how Biden’s infrastructure bill will impact trucking and freight industries across the nation. What Parts of the American Jobs Plan Affects the Trucking and Freight Industries?

Trucking with Clean Tech – How will the Industry Handle the Switch to Renewables?

United World Transporation

As it stands, the trucking industry is responsible for about 28 percent of all greenhouse gas emissions in the US. If the US wants to reach its climate goals, the trucking industry will need a big change. Can the Trucking Industry Handle the Switch to Renewables?

Cognitive Automation and How it Could Transform the Logistics Industry

Shipchain

For example, machines would have no way of understanding the COVID-19 pandemic, and the corresponding decline in sales for most businesses. The industry has been historically slow to accept change. Automation Industry Logistics Trends

Trends in logistic industry 2021.

Logistics at MPEPS at UPV

Found this image and found really interesting how new innovations are getting part of the logistic industry. Working along, the industry finds ways to work easier and measure better their performance. For example: price prediction and demand forecasting.

Medical Supply Industry Challenges & Solutions

EazyStock

It’s no secret that the medical industry is facing major challenges worldwide due to Coronavirus. It’s an overwhelming time for manufacturers and distributors in the medical supplies industry, and no area of the supply chain will be restored to normal anytime soon.

The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

It’s easy to foresee, for example, smaller importers and startups pooling their interests to more effectively compete against larger players, in much the same way ShipBob has empowered smaller ecommerce companies to create leverage together.

3 Tech Trends Reshaping the Logistics Industry

Now, That's Logistics

By optimizing workflows and order picking/packing accuracy; improving inventory management; and better utilizing human labor, technology is literally reshaping the logistics industry. For example, the development of the flexible static arm robot has produced a number of very useful robotic arms that can manipulate a wide range of items in a wide variety of uses. The post 3 Tech Trends Reshaping the Logistics Industry appeared first on Now That's Logistics.

TireHub’s Digital Transformation Shakes Up the Tire Wholesale Industry

Logistics Viewpoints

TireHub was founded in July 2018 with the idea to transform the wholesale tire industry. The wholesale tire industry is more complicated than one might envision. For example, in Newark, NJ, lots of people buy a specific car and put custom wheels and rims on them.

Carbon Offsetting in the Parcel Transportation Industry

Logistics Trends and Insights

In the transportation industry, Carbon offsets are a form of trade. For me, I’m all about the empowerment of people to live their best lives, at Airbnb there were many examples of people being able to afford to live out their passions by utilizing the excess space in their homes.

BYD attracts attention of fruit industry

Logistics Business Magazine

BYD is using its presence at the show to demonstrate to the Spanish and European fruit and vegetable industry the many cost savings and operational benefits of running an emission-free materials handling fleet. For example, they can be charged from 20% battery life to 100% in just 60 minutes.

Industry Leading 3PL Provider Partners with Atlanta-Based Restorative Justice Program to Reduce Recidivism Rates

Blue Grace Logistics

BlueGrace understands the importance of leading by example and being socially responsible. The post Industry Leading 3PL Provider Partners with Atlanta-Based Restorative Justice Program to Reduce Recidivism Rates appeared first on BlueGrace Logistics.

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Industry Trend on the Rise for Supply Chain and Logistics: Automation

Shipchain

Industry players have already begun experimenting with technologies like robotics and artificial intelligence. While automation in the supply chain is still in an early-adoption phase, the impact that it could have on the industry is significant. It is well-known that the supply chain and logistics industry is behind the times when it comes to modernization. Don’t worry– in this case, it will be highly beneficial for the industry. Industry Supply Chain

Why CSR-centric Brokerages are Leading the Industry

Parade

To be a successful CSR, they must balance the following activities: Relationship-building + customer success: sales reps bring shipper customers in, but CSRs keep them and build the brokerage's industry reputation. For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. For example, meet Andrew Prater, Carrier Sales Manager (CSM) for a $1B brokerage.

New Technologies Paving Way for New Avenues in Logistics Industry

20Cube Logistics

With that, they are setting new benchmarks for other industries. Unique buying advantage: The technology platform various stakeholders from various industries together into one platform and it creates a huge user base and target audience for other industries.

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Viewpoint: Q&A on freight industry watchlist for climate and environmental policy

The Supply Chain Journal

president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves. JAKE: So what changes are going to matter and for which industries? Automakers, like most heavy industry, take a multiyear approach.

Inventory Management in Service Logistics Industry

Talking Logistics

Not really because each industry is different, and so are organizations within the same industry and even different divisions within the same organization have their own unique drivers and constraints. Hence following so-called industry trends may not always yield targeted results. Example A: Fashion Retailer – Business Strategy is short life cycle products. Example B: Supermarket Retailer – Business strategy is to have low cost to compete effectively.

Why CSR-centric Brokerages are Leading the Industry

Parade

To be a successful CSR, they must balance the following activities: Relationship-building + customer success: sales reps bring shipper customers in, but CSRs keep them and build the brokerage's industry reputation. For example, managing unforeseen risks and providing customers with visibility. Market intelligence + analysis: carrier pricing, for example, can change at any moment. For example, meet Andrew Prater, Carrier Sales Manager (CSM) for a $1B brokerage.

Change Is Coming For The Trucking Industry

Blue Grace Logistics

Disruptive technologies will often alter the form and function of an industry, at least to some degree. The changes brought about by these new disruptions are subtle, making the sector more efficient (production is a good example of this) but change little else. The transportation industry, however, is standing at the precipice of total revolution. There are some big questions to answer when contemplating how these new developments will alter and impact the industry.

SF Express, how China’s express industry leader goes global

Logistics at MPEPS at UPV

With its current efficiency and reputation, SF is the leader in China’s express industry. No trade or entity or even service industry can be separated from logistics. Last year’s US election was such a dramatic spectacle that it was comparable to a live election show.

The Impact of IoT & 5G On The Connected Vehicle Industry

FueLoyal

Combined, the impact of IoT and 5G on the connected vehicle industry, means stronger connectivity and more autonomous driving. . A Few IoT Examples. All the providers in the connected vehicle world also have a lot of impact on the automotive industry revenue.

Unions, industry observers weigh in on KCS merger bids

The Supply Chain Journal

Rail stakeholders and observers are weighing in on how competing attempts by Canadian Pacific ( NYSE: CP ) and CN ( NYSE: CNI ) to merge with Kansas City Southern ( NYSE: KSU ) might affect the freight rail industry.

Three Ways to Boost Cybersecurity in the Logistics Industry

MTS Logistics

Cyber attacks continue to evolve and create significant risks for business owners in today’s digital work environment – and the logistics industry is no exception. Understanding the severity of these cyber threats is essential in keeping the logistics industry well-prepared.

Viewpoint: How COVID disruption produced new industry standard

The Supply Chain Journal

However, the trucking industry — and specifically truck drivers — continued operating during a time of great uncertainty and challenge in order to keep the supply chain moving. In response to these new challenges, the industry turned to technology.