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When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Air Freight Transportation Trends 2020. In the two years or so before 2020, capacity growth had been outstripping the rate at which demand was rising, keeping air freight rates down.
2020 Supply Chain and Logistics Trends: What’s Around the Corner? I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article. Happily, though, that’s not something you can expect to change in 2020. It’s that time again… Well, almost!
COVID-19 caused a global upheaval in order fulfillment processes throughout 2020. We obtained insights into experiences from the prior year (2020) and expectations for 2021 and beyond. More than 25 percent of survey respondents stated that they experienced a decrease of order throughput volumes in 2020.
With 2019 coming to an end, it’s important to know what the new year will bring the world of supply chains—here are 5 supply chain predictions for 2020. Going forward, many of 2019’s develops are set to continue into 2020. The post 5 Supply Chain Trends to Watch for in 2020 appeared first on Morai Logistics Inc.
But the biggest challenge for bulk shippers in 2021 was also the biggest challenge in 2020, 2019, and 2018. We’re talking, of course, about the bulk truck driver shortage. Supply chain disruptions were headline news in 2021, and the world of bulk freight had its share.
Article Summary. Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. The study showed that upwards of 30 percent of American students enrolled in at least one online course in 2018. Students can enrol in courses from anywhere in the world.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020.
After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Agility is More Important Than Ever. COVID-19 has done little to dampen that demand.
Disclaimer: This article is a zoom out for the less freight-inclined. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And, of course, when anyone buys goods in a store, part of that cost is freight. (AKA why that couch you ordered isn’t here…and isn’t getting here tomorrow).
According to a recent article on JOC.com, the incredibly low rates experienced in mid-2019 are slowly beginning to creep back up, though, fortunately, they are not forecasted to reach the exaggerated heights of those seen in 2018. Of course, everything is dependent on the economic atmosphere of 2020. percent in 2020.
This article is from Manhattan Associates and looks at the changing nature of retail. All told, changes that might have occurred over the course of a few years, have happened in months. Even prior to 2020, the stores had begun to serve multiple purposes. To read the full article, click HERE. How is Retail Changing.
Of course, it’s nearly impossible to accurately monitor inventory availability and minimize capital investment with such a large portfolio. Other daily feeds such as price updates, article information and image processing are also managed with built in automation. How has your work changed since you implemented EazyStock?
ARTICLE SUMMARY. If a number of locations all meet these needs, then of course the comparative cost of land and buildings becomes important. If you liked this article, please comment below. If you found this article, and the associated video useful, why not subscribe to the Supply Chains Secrets YouTube channel ?
Over the course of four days from November 9-12, 2020, we’ll be bringing you all of the things you love about WorkWave User Conference, from value-added training and thought leadership roundtable sessions to captivating speakers and exciting contests. So don’t delay—register for WorkWave User Conference 2020 today !
Logistics in War began 2020 by announcing that it would focus on preparedness and national resilience. The topic was being discussed freely in Australia, communicated in articles on topics ranging from national fuel supplies, to the increasing securitisation of geoeconomics, to the posture of the Australian Defence Force (ADF), and so on.
Wolf | Staff Reporter December 7, 2023 The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity, a shift experts view as a prelude to longer-term change. READ THE FULL ARTICLE While Mexico has surpassed China as the United States’ No.
This article by Morai Logistics covers several of the most significant factors that are influencing supply chain management today. In 2020, that already incredible growth became even greater. This, of course, has implications all the way through supply chains. The Ecommerce Boom. The growth in ecommerce has been astounding.
In the first half of 2020, my European colleagues Florian Güldner and David Humphrey conducted a thorough scenario analysis to estimate the potential impact of the corona virus on automation markets and supply chains. Hopefully something in this article will trigger a useful thought for you and improve upon your forecasting so you can be ….somewhat
In the late summer of 2020, I was honoured with the opportunity to interview supply chain guru Deborah Dull, not just once, but three times. While all the interviews are available to view on the Supply Chain Secrets YouTube channel , I decided to create some brief articles from the transcripts. You know, “How does this scale?”
ARTICLE SUMMARY. In this article, which is based on a YouTube video on the subject, I will explain why this is so by addressing the following three questions: What is benchmarking, why do it, and how to do it? The key bit of information is, in this case of course: How fast is the fastest person? Why do we Benchmark?
The years 2020 and 2021 have not been easy for any company engaged in shipping containerised freight internationally. Instead, they need internal specialists to make sense of the costs, cover compliance needs, and of course, to manage the relationships with partners, suppliers, and customers. Container Shipping Can be Tough for SMEs.
We hope you enjoyed viewing Rob’s 2020 video with Deborah Dull on the topic of circular supply chains or reading the transcript of that interview that we published recently. Of course, a lack of support from universities means that there are no locally produced supply chain professionals. Kenya is a big exception.
We previously reported that as part of MARPOL Annex VI regulation ( IMO2020 ), the member states of the International Maritime Organisation adopted a complementary amendment which came into effect on the 1st of March 2020. for purposes of propulsion or operation, unless the ship has a scrubber. “ Well it seemingly has.
By the end of this article, you’ll learn: Why forklift operator safety training is important. Lucky for you, this article is here to help! Evaluation typically consists of obstacle courses, picking up sample loads, and in general, seeing how the operator trainee handles driving, turning, and reversing. Online courses.
This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite.
Every article we publish covering logistics and supply chain KPIs piques our website visitors’ interest and receives a wealth of positive feedback. In addition, those articles inevitably stimulate readers to post questions, which, over time, we try to answer in detail by creating new blog posts to address them.
A stint of other factors after that didn’t put them in a better position when COVID-19 rolled around in 2020. We saw news articles and hit pieces about the conflict, week after week. The LTL carriers have course-corrected their capacity concerns. The company was laden with debt that was worsened with the Great Recession.
I have no crystal ball, of course, but instead I will tap into my consulting experience, add a dash of research, and fire it all up with some imagination to try get a picture of how the supply chain environment may look in eight years’ time. Welcome to the Robotic Future. The robotic revolution is upon us! For now, speculation is all we have.
In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype.
Now of course, companies must map out the potential impacts of the Russia Ukraine war. Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. electricity generation in 2020. shale or Iran, for example.
In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Of course different freight types have different characteristics and susceptible to different types of cargo damage and needs expert handling in all cases.
While we could dedicate a whole other article to budgets (stay tuned!), Of course, creating a budget isn’t enough — you have to follow through with it too. It’s no secret that 2020 has drastically altered the way we live and work as a society. Set a Budget… and Keep Track of It. Do you know….
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020.
Article summary. Companies have to pursue profits of course, (how else will they stay in business?) Editor’s Note: This post was originally published on October 06, 2020, under the title “What does Corporate Social Responsibility Really Mean?” What does corporate social responsibility really mean? You get the idea.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.
The shocks of early 2020 hit the freight management and logistics supply chain hard. Of course, many great benefits come with improved visibility and collaboration. The disruptions that showed up at the beginning of the year demonstrated the importance of flexibility and resilience.
To that end, we hope you will find the tips in this article helpful as you look to improve container utilisation in your supply chain. With all that taken into account, then, a cost comparison of palletised and unpalletised shipments could be helpful—depending, of course, on the volumes and types of products that you ship.
There is one catch with Amazon FBA, of course: the service costs money. Please also note: As a commercial seller, you will of course need a trade licence. The most important thing is of course the name (title) of your product. The EAN (European Article Number) is a number required by law for all articles that are on sale.
It is in the light of these facts that the commander expects to shape his course during the supervision of the planned action.’ [1]. We need only look at the events of late 2019 and 2020 and the confluence of bushfires, pandemics, and geostrategic tensions to show how organisations and other groups respond to the foreseen but unanticipated.
In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2] and Unnu, Kaan. [2]
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Erratic consumer demand adds further dysfunction. Today, China represents some 16% of global GDP.
You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.
There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. percent between 2020 and 2027. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain.
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