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Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor.
In 2020, we saw the transportation industry’s resilience first-hand, as all parties of the supply chain navigated a challenging freight landscape to get goods to market. Freight demand surged to meet the needs of consumers and frontline workers, and shippers were forced to rely heavily on the spot market to secure capacity in a pinch.
Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models.
In 2020, the United States saw five years’ worth of ecommerce growth in one year. Here are three key strategies shippers should consider now to prepare for your next peak season. If 2020 taught us anything, it’s that your transportation strategy can break at any time. Stores became distribution centers for online orders.
Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC
Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start. What will 2023 bring? Time will tell, but it is unlikely to be a return to the pre-pandemic normal.
Prior to Flock, he played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics – a UPS Company, a leading provider of non-asset based 3PL solutions across North America and Europe. To learn more about the company, offerings, and careers, visit flockfreight.com.
However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Download the White Paper. Request a SONAR Demo.
Like so many conferences, the 2020 Home Delivery World pivoted to a virtual format in reaction to COVID-19 fears. Through the use of Swapcard, an event and networking app, attendees were able to connect with exhibitors and stay abreast of scheduled sessions, events, meeting requests, and more. Time To Read: 3 minutes.
This year’s Nexstar Partner Portal provides those who attended the virtual 2020 Nexstar Super Meeting with the flexibility to explore recorded sessions from the event, including sessions loaded with actionable insights from ServMan experts. Team meetings are vital to effective teamwork. Patrick Lencioni: The Motive.
2020 seemed a world away just a few years ago and yet, here we are. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. This promises to be a very eventful year. Here are three trends to consider. .
What is the IMO Sulfur Cap that went into effect on January 1st, 2020? ?Since Since January 1, 2020, the International Maritime Organization (IMO) implemented a sulfur cap, known as IMO 2020, which set a limit concerning higher sulfur contents in fuel oil consumed by ships. What are Ship Requirements to Meet IMO Regulations? ?Water
The first delivery of 2020 batch accomplished, recent 777F touched down at its operational home base Cincinnati DHL continues strengthening its intercontinental network by the renewal of its long-haul aircraft fleet State-of-the-art aircraft also supports the Group’s goal of improving its carbon footprint.
It’s clear that demand is outstripping supply—and has been since early 2020. The good news is there are strategies you can implement to succeed, no matter what condition the market is in. There’s also no question that tight markets like this mean added challenges for shippers moving goods.
Customers now expect reliability, speed, and convenience in their small parcel delivery experience and a company’s ability to meet those expectations can even be a source of differentiation. Developing the right strategy and executing it well has numerous benefits for both you and your customers.
Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain. Over 300 of the top CEOs in the logistics and supply chain space attended this year’s conference to discuss technology, strategy and deals. In the first quarter of the pandemic, ecommerce grew to become 33% of total retail sales.
Deploying Modern E-Commerce Strategies Leveraging modern e-commerce strategies like pre-orders, influencer marketing, order consolidation (combining multiple orders into a single shipment), bundles, and upsells is currently a major operational and technical challenge for most DTC brands.
Organizations within the retail industry should implement mitigation strategies into their supply chain to offset potential risks such as supply shortages. However, the switch to airfreight made by Adidas is a mitigation strategy used to offset supply shortages. Risk of Supply Shortage. Shortage of skilled labour. Planning Efficiency.
In 2009, The Coca-Cola Company unveiled its 2020 Vision and Roadmap for Winning Together. The Value of a Common Platform More importantly, by having the largest 11 bottlers on a common platform, the bottlers can work together to meet customer demand efficiently. Snowflake is their BI environment.
At the beginning of 2020, the commercial real estate market was looking great. The coronavirus pandemic had a direct impact on distribution strategy, and increased demand for fulfillment services. strategically placed to meet the demand of same-day shipping for online retailers. Supply Will Outpace Demand.
To succeed in this dynamic and fast-paced market, you don’t just have to meet expectations, but exceed them. Good products and quality service will always remain key components of a successful business, but a polished shipping strategy can go a long way. However, more possibilities means more competition.
With all the disruptions in the supply chain since 2020, the last mile has been in a constant state of flux. However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes.
2020 seemed a world away just a few years ago and yet, here we are. The Institute of Forest Management from the Technical University of Munich developed an AIMMS model that helps forest enterprises consider risks and strategies for carbon mitigation. The post 3 Supply Chain Trends to Keep an Eye on in 2020 appeared first on AIMMS.
2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.
Battling these issues is making it tougher for HVAC contractors and plumbers to meet their customer’s demands in the short term and perhaps even longer. WORK WITH MANY SUPPLIERS If current suppliers can’t meet your needs, then it’s a good time to explore other ones. Many
Having a customer-focused supply chain essentially means meeting the customer on their terms, rather than making them settle for yours. A customer-driven strategy for any business means moving away from treating your product as the guiding light for your business decisions, and instead focusing on the people who use that product.
As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. However, they also need to expand to meet the escalating demands of consumers. Watch Webinar 3. trillion by 2030.
The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Here are seven key strategies that they have used to make it happen. When e-commerce was in its infancy, people were more forgiving around meeting delivery times.
A strong financial outlook for the third quarter of 2020. The Board of Directors of the CMA CGM Group , a world leader in shipping and logistics, met today under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2020. billion, down 9.0%
year-on-year in 2020 with a 39% increase in Q1 2021. Last year, Raley’s converted its closed store in Sacramento, California to a dark store — an e-commerce fulfillment center to meet the spiraling pick and on-demand deliveries. billion from January to September 2020 when compared to the same period in 2019. in July 2021.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions.
According to McKinsey , the value of goods traded globally has tripled to more than US$10 trillion since 2000, and because of recent events, they are having to re-evaluate supply chain strategies. Unfortunately, the state of disruption to the current landscape has never been contemplated and very few strategies exist to navigate it.
After decades of controversy concerning the realities of climate change and its causes, the fossil fuel industry is now shifting to a strategy of presenting itself as the source of solutions. As of 2020, about one thousandth of global CO2 emissions were captured by CCS. Background. Why and What?
This, of course, left some large shoes to fill, and unfortunately, 2019 could not meet the mark, with freight rates falling by 27 percent as per Camino Financial. And then came 2020, a year no one could have ever seen coming. All findings point to one thing: shippers must begin planning their 2021 strategies now.
The comparative statistics of the 30th of November 2020 against the 31st of January 2021 indicate a dramatic spike in just two months. To meet the demand, shipping companies are stacking large quantities of cargo on increasingly narrow equipment. The shipping industry is currently dealing with severely strained container availability.
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. Nearing the end of 2020, Maersk has remained true to that goal. It’s worked.
The company hosts a bi-weekly meeting for driver managers and the customer service team and a monthly forum for drivers to share what they’re seeing with regards to safety. This article was originally featured in Edition 1 of 2020 in our official magazine, Redefining The Road. Safety is no accident. Like this kind of content?
It is a means to meet customers wherever they are and however they choose to transact, utilizing our multiple channels and 75+ integrations. Adapting Quickly to Meet Needs and Beat Obstacles. Adapting Quickly to Meet Needs and Beat Obstacles. In May 2020, ShipMonk moved into its California fulfillment center with 332,000 sq.
The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. However, that growth slowed to just 1% in 2020.
percent from 2010 to 2011, and predictions estimate that business-to-business (B2B) sales resulting from e-commerce will make up the majority of sales by 2020, reports Four51. E-Commerce Will Dominate B2B Sales by 2020. percent of all B2B sales by 2020, explains Ranga Bodla of Netsuite Blog. E-commerce grew 10.2
This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. Despite offering higher wages and bonuses, they struggled to meet delivery deadlines, resulting in customer complaints and loss of sales.
Retailers such as Walmart have rigorous standards and will only purchase from suppliers who meet these standards. Lately they have upped their game and many have in place ambitious goals for 2020. By 2020 it wants to obtain 30% of its jet fuel to use alternative fuels. FedEx also has ambitious goals. Last-Mile Delivery.
Following the meeting, Mr. Chotikhun said that the Royal Thai Navy is eager to allocate an area in Utapao Airport for THAI’s aircraft pending sale. In the fiscal year 2020, the budget for design and land preparation was approved. THAI is scheduled to confer with the EEC Policy Committee on 7 August 2020.
Eighty-five percent of supply chain managers expect their outsourcing budget to increase by more than 5% in 2020, according to Gartner, Inc. Evaluating different outsourcing strategies has become a priority for global managers. A sizeable portion of that will be aimed at choosing multiple third-party-logistics (3PL) partners.
Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. Managing cash flow and margins remains a key objective for US finance leaders, based on our survey in 2020, 2021 and now into 2022. 3. Improving visibility into performance.
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