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What Shippers and Retailers Need to Know for Peak Season Planning 2022. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season.
Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.
In 2022 Reliance was acknowledged as the 82nd largest P&C agency in the US. solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. Mark earned a B.S.,
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2022 and see what our readers found to be the most interesting. Top Five Transportation Trends ; Chris Cunnane.
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Pretty much nailed it.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?
Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Time: Jun 29, 2022 10:00 AM in Eastern Time (US and Canada). Justin Paris . Head of Lyft Delivery @Lyft .
AI systems get better and more accurate as they collect and analyze more data. ML is a form of AI that enables a system to learn from data rather than through explicit programming. ML is a form of AI that enables a system to learn from data rather than through explicit programming.
Cassidy, Senior Editor | Journal of Commerce July 12, 2023 There is growing conviction among US companies that inventory destocking is working, thinning stockpiles of goods built up in 2022 — but just not fast enough. The clothing maker expects to end the year with inventories below 2022 levels. READ THE FULL ARTICLE HERE
With every new year comes an opportunity to foretell what lies ahead in the marketplace, and the supply chain breakdown 2022 is no different. What’s in this article: What are the top trends I will need to watch in 2022? Here are some headlines and trends to watch as the supply chain breakdown 2022 unfolds.
Unwrapping the Supply Chain of Halloween 2022 Show Submenu Resources. What’s in the article: What consumers spending the most on this Halloween. What’s in the article: What consumers spending the most on this Halloween. How the 2022 Halloween supply chain compares to previous years. The Logistics Blog®.
This article is from GEP and look at the impact of EV boom on the oil & gas market. The sales of EVs increased exponentially throughout 2021 and are projected to experience the same trajectory in 2022, according to the International Energy Agency (IEA). According to IEA data, around 16.5 To read the full article, click HERE.
We’ve compiled the top 5 things to look for in the supply chains in 2022. Focus on these five areas can ensure that the organization efficiently responds to changes in 2022 by staying on top of these supply chain management trends and challenges. The globalization of the workforce, for example, is one such transformation.
I will cover this in an article next week. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. The policy follows Macy’s $5 billion commitment announced in March 2022 to become more sustainable in its policies and practices.
The finalists for the worldwide IFOY AWARD 2022 (International Intralogistics and Forklift Truck of the Year) have been determined. The company Cargotec Engineering from Ireland is allowed to enter the final in 2022 with the MOFFETT E5 25.4 2022 Finalists at a glance. Cargotec Engineering. MOFFETT E5 25.4 Jungheinrich.
Meili Robots has come up with a list of 7 of the main robotics trends and predictions for 2022. Yes, it really is impossible to start an article related to trends and predictions for 2022 without talking about the Covid-19 pandemic. Let’s have a look at some of the biggest robotics trends and predictions for 2022.
New data shows growing signs that Mexico is emerging as a hub for suppliers to export goods amid global geopolitical instability. Mexico’s economy appeared to be suffering going into 2022. When companies reset their supply chains, Mexico emerges as an attractive alternative due to its close proximity to the U.S. However, U.S.
Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.
This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.
The trucking market has been characterized by an overabundance of capacity — and a stubborn lack of demand — since early 2022. With rates on the floor, some shippers may be taking advantage of a stable environment with the future still uncertain,” Strickland noted in his recent article.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to overall industry volume of shipments and price of products, according to BlueGrace. from the third quarter of 2022 to the fourth quarter of 2023.
A couple of weeks ago I wrote an article outlining how cargo theft is on the rise. Based on data from the FBI and Google Trends, package theft is big business. billion in 2022. In the United States alone, cargo theft is a $15 to $35 billion industry. This makes the season a prime target for package theft.
It was a lot easier in 2020, 2021 and the first half of 2022,” Ryan told attendees at the conference, held June 11-13, that his company during the pandemic grew from 1,200 employees to 10,000 as business opportunities surged. READ THE FULL ARTICLE More recently, it has had to adjust its strategy.
In January of 2022, Dallas-based o9 Solutions was valued at $2.7 Because supply chain planning is undergoing something of a technological revolution, this article will focus on o9’s technology and why their CEO believes it is differentiated. Data is stored just like you might sketch ideas on a whiteboard.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. Data from the U.S. Amazon Supply Chain Innovation Continues ; Chris Cunnane.
Perhaps you’ve read a little about the digital twin concept in one of our past articles on supply chain technology, but we would have touched on it only briefly. It uses sensor data from the physical entity to emulate its state and to enable the modeling of future changes, improvements, risks, and weaknesses. What is a Digital Twin.
In every mode of transportation, 2022 has revealed a rate trend that continues to increase. Logistics Management released an article on the topic, sharing that, “Matching capacity to need is going to be the key concern for shippers in 2022—almost regardless of price.”
TQL data showed that trade going through the city is up about 8% from last year, now making it the busiest trade port in the U.S. Uber Freight data shows that around 75% of the nearshoring activity is coming to the northern territories of Mexico. READ THE FULL ARTICLE We’re seeing less activity in the interior of the country.”
In 2022, Amazon shipped 11 percent of items globally without any added packaging by the company. Earlier this week, I wrote an article highlighting that cargo theft is on the rise. I’ll be following up with an article dedicated to package theft, or porch piracy. is planning to escalate the dispute.
WRITTEN BY CELINE CLAYTON / POSTED ON MAY 19, 2022. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Automated systems and real-time data analytics allow for better management of delivery options overall. At the same time, most companies are not at this level just yet.
Ultimately, the index is built to provide shippers with relevant data that they can use to improve customer experience, logistics capacity management and budgeting. Lockard called the excess inventory levels closing 2022 a “big driver” of the current freight recession. READ THE FULL ARTICLE In fact, 65.8
Jan 31, 2022. Moving freight in 2022 can be a tricky business. Instead, companies have to account for data breaches and malware. ” READ THE FULL ARTICLE HERE. From leveraging bottlenecks to launching malware attacks, criminals are targeting the supply chain. Inbound Logistics. Helen Mann. How’s this for scary?
The Wall Street Journal (WSJ) published an article on the increasing use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022.
Dr. Valsecchi spoke at ARC’s Accelerating Digital Transformation in a Post-COVID World on a 5G panel and then expanded on his thinking after I sent him a draft of the article. Release 17 and 18 will contain much more, but they are not due before 2022 or 2023. Covestro is a leading producer of advanced polymers.
Manifest will be happening on January 31st through February 2nd, 2022 at the Caesar’s Forum in Las Vegas. By the way, we should also mention Manifest had its first conference in 2022, right? It was in 2022, end of January. We ended up pushing it to January of 2022. They have data science expertise.
dollars by 2022 ’. This article explains the technology behind AR/VR and uncovers how supply chains can use this platform to improve their processes. Cinematographer, Morton Heilig, created the first ‘attempt at adding additional data to an experience’ known as the Sensorama. billion U.S. A Brief History.
Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. In January of 2022, Dallas-based o9 Solutions was valued at $2.7
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.
as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0 Digital Industry 4.0
January 06, 2022. I expect some bumps in the road in the year ahead, so more robust understanding and usage of your data is key to building the most built-proof shipping/logistics plan possible.”. READ THE FULL ARTICLE HERE. Louis Llovio | Business Observer.
Based on data from Statista, a shipping industry overview of piracy claims saw a 24 percent year-over-year increase in attacks (both successfully executed and attempted). Shipping Industry Overview: The State of 2022. In 2022, the shipping industry is currently experiencing one of the most turbulent markets on record.
Key trends in 3PL operations The key trends in 2022 for 3PL operations strive to automate processes and give better insight into customer and shipper expectations, dominated by technology and supply chain data analytics. Today, e-commerce accounts for a record 36.1% of total retail sales, representing a 77.6% growth over February 2020.
What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Through this article, we explore the reasons for these rate increases and the correlating scenarios where the freight rates would potentially drop. . Reason for the drastic increase in freight prices .
June 20, 2022. The company recently launched “Emerge Benchmarking,” which through “Machine Learning” takes “freight industry data and produces in real-time business intelligence. Data cleanliness and accuracy is a widespread issue. that generate data. that generate data. American Journal Of Transportation.
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