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[INFOGRAPHIC] Optimize Manufacturing Operations with these 5 Golden Manufacturing Metrics

GlobalTranz

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

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European business reusing more wooden pallets

Logistics Business Magazine

European pallet and packaging manufacturers are repairing more wooden pallets for reuse than ever, according to a survey by European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB). million pallets were repaired in 2019, an increase of 25% on the previous survey carried out three years earlier.

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Penske Logistics Presents 2019 Third-Party Logistics Study: State of Logistics Outsourcing

Penske Move Ahead

In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is “The Internet of Things” Impact on Manufacturing & Logistics?

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Supply Chain Predictions for 2018

Material Handling and Logistics

And according to a recent survey by Kenco, 94% of survey respondents feel that it’s important for their 3PL provider to have a competency in technology and innovation, and more than half expect their 3PL provider to be investing in innovative technologies (another 32% want to co-invest). Kristi Montgomery, VP of innovation, Kenco.

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Transportation costs drive regional divide

Logistics Business Magazine

The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. of executives surveyed in South America and Africa respectively identified higher transport costs as the top limitation for increasing exports. For example, 42.5% This compared to 19.9%

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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. In fact, since the recession, more manufacturing companies have been lost than gained in the U.S.