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He is responsible for driving strategy, customer engagement, and industry analysis. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.
Forwarders need crisis management skills to prevent or minimize such events from disrupting their operations. Forwarders handle these events in a way that does not cause delays in the cargo that will reach the customer, is safe and does not strain the customer’s wallet. Here are some ideas on how these crises can be resolved.
He then co-founded Lean Solutions Group, where he spearheaded two successful liquidity events with private equity and scaled the company to over 10,000 employees across Latin America. As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. Integration Capabilities: CloneOps.ai
He is known for his insightful analysis of the freight industry, his practical sales advice, and his engaging and informative speaking style. He is a regular speaker at industry events and has been featured in numerous publications, including FreightWaves, Transport Topics, and Logistics Management.
Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Managers can configure customizable alerts to trigger notifications based on geofences or other significant events.
Mike’s expertise has earned him speaking engagements at prominent events such as Shoptalk, NRF Big Show, Package Fulfillment, Logistics & Delivery EXPO, Home Delivery World, Pack EXPO, and Waste Expo. Reusable Packaging Solution: They offer durable, customized, and reusable bags and boxes, along with supporting logistics systems.
In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. The post Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues appeared first on More Than Shipping. President Joe Biden’s State of the Union address last week.
To understand the potential economic impact, it’s helpful to revisit past events. Economy: A Numerical Analysis appeared first on More Than Shipping. If an agreement on new terms is not reached, the possibility of a full-scale strike or a slowdown looms large. economy over $2 billion per day.
To ensure that the Emerge team develop fruitful relationships, Mark insists upon a communication strategy that includes quarterly business reviews (QBR), reporting key performance indicators, root cause analysis, lead-time analytics, cost-down goals, etc. The Emerge platform provides carriers access to more shippers and more opportunities.
This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. According to a new analysis , Deloitte expects the semiconductor shortfall to endure until early 2023. The post Top Events That Shaped 2021 Supply Chains appeared first on Turvo.
Free event features insights on warehouse automation, robotics and other trends from leaders with Main Pointe, St. Onge Company, Gartner, Commonwealth Supply Chain Advisors, VDC Research, Interact Analysis, and Capgemini.
Weather events will continue to impact in 2025. So, planning in advance, choosing the right partners that present options, doing an actual cost analysis, and keeping customers educated will be the key to overcome the challenges faced in 2025. Carriers were also advised that it wont be as easy as turning on a switch.
How do you prepare your supply chain for events that you can’t forecast? So how do you prevent inventory stockouts when your demand forecasting didn’t allow for an event like COVID-19? Supply chain data analysis helps identify the root cause of consistent stockouts and any supporting factors.
For example, if delivery times consistently exceed targets, further analysis may reveal specific routes that require optimization or additional resources. Live traffic updates, weather conditions, and even unexpected events such as road closures or accidents can significantly impact delivery efficiency.
Such events not only affect local economies but also create worldwide ripple effects, disrupting production and logistics. In 2024, strikes at U.S. ports caused major disruptions in global supply chains. When ports shut down, shipping routes change, containers are diverted, and overall trade volumes decline.
At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. Review of Prior Impactful Events. Final Word.
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting.
These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund. Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures.
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Most often , these events force demand and resource usage to fluctuate. – Tweet this. Resilient planning in action .
Planners spend considerable time preparing scenario planning and not the actual analysis. For impactful scenario planning, planners must spend time on analysis rather than collating data and manually creating scenarios. Supply chain management talent continues to be in short supply and attrition due to burn out is still high.
These events also caused supply chain disruptions — although not all the effects may have been fully realized yet,” he said. Savitsky gives the example of the 2011 Tohoku earthquake, where Toyota learned from the event and responded by building information networks covering about 4000 auto parts.
Krenar Komoni is the Founder and CEO of Tive , a company that is re-imagining supply chain visibility with sensor-driven awareness and analysis tools of in-transit goods, from start to finish. Managers can configure customizable alerts to trigger notifications based on geofences or other significant events.
The guaranteeing association is held liable by that country’s customs for payment in the event of violations of the terms of temporary importation. They are Roanoke Trade and the Corporation for International Business, who issue carnets on their behalf.
Socio-political events like trade wars and political upheavals around the world. can be created to serve as a sandbox for scenario analysis. Key Takeaways: Overcoming Supply Chain Disruptions. The Causes of Supply Chain Disruptions include: Pandemics like the COVID 19. Natural disasters like forest fires, hurricanes, earthquakes.
If we’re going to be able to prepare for these types of events in future, we have to identify appropriate sources of information that we should focus on all the time — not just when [crisis] manifests,” said Randy Bradley, associate professor of information systems and supply chain management at the University of Tennessee.
Registration open for free online event featuring insights on fulfillment trends from leaders with Main Pointe, St. Onge Company, Gartner, Commonwealth Supply Chain Advisors, VDC Research, Interact Analysis, and Capgemini
Importers are already front-loading as it will cost them much more in the event tariffs are being implemented. Since this is coinciding with an early Chinese New Year next year, potential record shipment numbers for U.S. imports from China is on the horizon. warehouses rather than taking additional risks.
Limitations of Traditional Supply Chain Planning Traditional supply chain planning relies on retrospective analysis. AI integrates external data sources such as weather forecasts, geopolitical events, and social media trends to refine demand projections. This reduces excess inventory while maintaining service levels.
While vehicle tracking is essential, 360 visibility takes it a step further by allowing the analysis of key data points, transforming them into actionable insights to improve overall business operations. Additionally, alerts can be set up for time-based events such as warranties, license renewals, and training schedules.
The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools. They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. billion to $23.07
IoT World is North America’s largest IoT event where strategists, technologists and implementers connect, putting IoT, AI, 5G and edge into action across industry verticals. For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We Book your ticket now. ].
Companies can also test-drive their supply chains by introducing the uncertainty of events that are difficult, if not impossible, to predict with accuracy. These events can range from minor supply disruption or canceled shipments to significant black swan events.
webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. Thank you to those who attended our live event. Please join us for the next live event, planned for February 2022. In the final Market Insights Live!
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
Trade Shows & Networking Events: Attending industry events helps establish credibility and build connections with key decision-makers. Competitor Analysis: Stay informed about market trends and competitor strategies to maintain a competitive edge.
Impact of Policy Proposals: An Industry-Specific Analysis 1. This is particularly important during periods of heightened security needs, such as holidays, major events or during peak business seasons. economy rather than keeping them in foreign accounts.
Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.
In the event of unsuccessful negotiations regarding the implementation of semi and full automation systems, the International Union of Port Workers, which represents 45,000 members, may resort to another strike. What challenges might American ports face over the subsequent two-month period?
That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. This made the data analysis easier. This made the data analysis “painful.”
According to the analysis, the U.S. The Taiwan Strait, one of the busiest water crossings in the world, would experience major container shipping operations disruption in the event of a Chinese invasion, the analysis claims. The analysis quotes figures demonstrating that $3.4
Secretary of Defense Robert Gates was the main guest at the event and had a different threat in mind. Per their analysis for the last 15 years, the risk level went up from 2.0 I was at the TPM meeting back in early 2024. While everyone was mainly discussing the Houthi attacks on ships in the Suez Canal, Former U.S.
Event-driven IBP – technological capabilities to monitor internal and external events (Supply Chain Control Tower) in real time. Contextualize and quantify event impact and be able to trigger re-plan in an integrated supply chain planning solution to create an executable and feasible plan.
The Event In Ningbo’s Zhenhai neighborhood, where one of the busiest ports in the world is situated, there was an explosion at approximately 8:57 AM local time. The event caused considerable damage to the neighborhood, numerous injuries, and a brief suspension of port operations.
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