This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Founded in 2020 after 19 years in the industry, Ameriton combines his passions: supply chain consulting and personal development. #MilitaryLogisticsLessons #ResilienceThroughScenarioPlanning #LeadershipInLogistics About Kenneth Carter III Kenneth Carter , a driver turned logistics leader, is the CEO of Ameriton Freight.
For April, the most recent month for which data is available, import volume came in at 2.15 annual gain, for its best April reading ever, compared to April 2020, when the majority of stores were closed, due to the pandemic. million TEU (Twenty-Foot Equivalent Units), marking a 33.4% This came on the heels of March’s 2.27
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19.
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.
Obviously, that may not necessarily apply to much of 2020. And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Capture and analyze data inside and outside of your network to benchmark performance. Of course, profitability losses don’t simply involve an empty trailer.
Those that held on in 2020 continue to face obstacles as recovery begins. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Of course, carriers want their transportation networks to be as profitable as possible. Think about it. Think about it.
Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of this architecture, E2open can access, aggregate, and anonymize the data across their customer base. For the rest of 2020, service levels stayed at 86%. 2020 was different. Forecasting Accuracy Was Terrible .
2020 seemed a world away just a few years ago and yet, here we are. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. . The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS SC Blog.
Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years. 6 Benefits to Using Big Data Applications.
The Department of Commerce lists warehousing companies, but of course, most warehouses are not owned by third party logistics or public warehousing companies. According to JLL , the CAGR between 2010 and 2020 was 1.3% Statista is a German online platform that specializes in data gathering and visualization.
But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Of course, it all depends on the ability to stay strategic. .
In 2020, Microsoft committed to become carbon negative by 2030, and by 2050, the company aims to remove historical emissions since its founding in 1975. This infrastructure brings applications closer to users, preserves data residency, and allows companies to manage their data more effectively.
Here are some data that support my view. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. The chart below shows that the index decreased to a value below zero earlier this year, for the first time since 2020.
According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.
Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Use Real-Time Data to Inform Your Returns Management Strategy. Among these, an integrated return management strategy can make or break successful operations.
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. There was optimism that an easing of US-China trade tensions would give the sector a boost 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.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
Nearing the end of 2020, Maersk has remained true to that goal. The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers.
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. As important as forecasting is, it’s agility that’s gained greater attention over the course of this year. Big Data Remains Critical. One key facet is data.
We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. The Internet of Things (IoT) serves as a mean for connecting systems together, and Big Data analytics give supply chain leaders insight into granular data.
And, of course, then the potential recession started to tamper demand. Two of our big bets for 2020 are particularly relevant: For ocean freight, the Freightos Baltic Index (FBX) , the world’s only data-backed, IOSCO compliant, and most importantly, daily container index.
SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Source: SONAR). The volatility in the auto industry has wreaked havoc on the Detroit freight market. .
billion during 2020-2024, progressing at a compound annual growth rate of 4% during the forecast period.” Near real-time data. Near-real-time data in day-to-day operations keeps rates and capacity as accurate as possible. Using near-real-time freight data proves invaluable in keeping freight broker resources in check.
In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Planning applications don’t work well if the master data they rely on is not accurate; this is known as the “garbage in, garbage out” problem. But sometimes fixing the bad data problem is complicated.
As an entrepreneur I’ve been reflecting on this a lot: The current milestone in logistics and fulfillment is using emerging technologies to capture and leverage exponentially growing data sets in warehouses and throughout the entire fulfillment network. Data sets have grown quickly in the cloud paradigm – and they exploded in 2020.
Very few prognosticators could have predicted the epidemiological course of the disease, the way that public policy responses to the disease changed over time or how those policies affected consumer behavior. Again, leading supply chain teams were prepared and could integrate new data sets into their advanced planning systems.
2020 seemed a world away just a few years ago and yet, here we are. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. . The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS.
The big theme of course, is the digitization of the supply chain and the implications it will have on business performance. In other words, for digital transformation to succeed, organizations need to be able to “take action” based on their data. Data availability and technology wasn’t what it is today. Cost-to Serve.
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . So, companies are working on retaining the workers they already have.”
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 !
As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player.
2020 isn’t what we expected. Have you seen the 2020 toilet paper memes? Supply and demand has been thrown off course since consumer interest changed. Who knew going into 2020 that the most demanded items would be hand sanitizers, disinfectants, and toilet paper? When It All Began. Shipping networks were strained.
Last year’s list of supply chain and inventory management trends to look out for in 2020 included things like “greening” the supply chain (that is, the growth of environmentally-friendly practices in every step of the supply chain), the growth of artificial intelligence (AI) and machine learning and globalization for small- and mid-sized businesses.
The market, despite a slowing economy during the great lockdown, still saw growth in 2020. The COVID-19 pandemic pushed e-commerce to levels that would not have been believed in early 2020. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5 E-Commerce Continues to Surge.
Of course not. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind. Now that we have that out of the way, let's talk about what you can expect from online courses. The course will most likely have end-of-section quizzes to test your knowledge.
When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. A review of likely substitutes can inform potential changes in demand for given categories of items. Review of Prior Impactful Events.
Using this unique, tech-enabled platform our customers, carriers and employees can connect, facilitating collaboration, visibility and powerful data insights no matter where your operations are or what mode of transport is being used. Actionable data insights. with great success, and we hope to roll that out in Europe in due course.
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. 1 Trade Partner, We’re Really at the Start of Something Much Bigger’ Connor D.
Artificial intelligence, neural networks, machine learning, robotics, mobile apps, big data, the cloud and Software-as-a-Service (SaaS). Of course, you will need a team of dedicated IT specialists to keep the system running. Of course, if you’re working with a legacy WMS that has served its time, you may not be able to automate at all.
Knight Frank ’s preliminary data shows that take-up of UK warehouse space in Q3 2021 totalled 15.7 This is 27% above the Q1-Q3 2020 total and puts the UK industrial & logistics sector on course for a record year, as the unprecedented levels of occupier demand looks set to ensure that the industry will beat the 51.6m
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content