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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.
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.
Additionally, he collaborated with AnSen Beyond Investments on various logistics projects involving commodities and agricultural products, demonstrating his proficiency in navigating international markets. Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis.
Throughout his tenure, David was instrumental in developing go-to-market strategies, forging strategic partnerships, and defining the company’s visionary roadmap. A simple, plug-and-play integration minimizes disruption and unlocks immediate productivity gains, improved response times, and measurable growth.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Theres no shortage of commentary on how companies should respond move production, shift suppliers, and reconfigure operations are just a few common recommendations.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. Anthony most recently worked in-house as a Corporate Economist for a building products company.
Additionally, he collaborated with AnSen Beyond Investments on various logistics projects involving commodities and agricultural products, demonstrating his proficiency in navigating international markets. Their platform not only provides highly accurate buy rates but also offers sell price suggestions based on comprehensive data analysis.
Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. Co-founded Loadsmart to help build a revolutionary product. Their services can be categorized into three main areas: Assessment and Analysis Freight Planning and Forecasting: Loadsmart helps businesses predict future freight needs.
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” I’ll start this post off with a straightforward question. If you can answer with a “Yes”, I applaud you.
Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. Co-founded Loadsmart to help build a revolutionary product. Joined the Inter-American Development Bank in Washington to advise on sovereign guaranteed development projects for Latin American countries.
From 2006 to 2020, Chris 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. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. About Pickett Research.
Boosting Sales in the Logistics Industry: Proven Strategies for Growth In todays competitive logistics industry, increasing sales requires a combination of strategic planning, advanced technology, and a customer-centric approach. Below are key strategies to enhance sales and drive revenue in the logistics sector.
Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.
Failure to effectively filter, prioritize, and analyze data can lead to “analysis paralysis,” where data volumes hinder timely decision-making. Implementing connected fleets requires a comprehensive cost-benefit analysis to assess how long-term savings and improved productivity align with these initial expenses.
For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.
Made in America Tax Implications A proposed 15% tax rate for American-made products, coupled with tariffs on imported goods, could increase production costs. Tax Incentives for Sustainable Practices The new administration has historically favored tax incentives for domestic production and energy-efficient technology.
As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. DPPs provide a streamlined, digital way to document a product’s lifecycle, making it easier to ensure compliance and improve transparency.
Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. At DAT, she has been instrumental in growing the shipper practice.
Let’s examine Amazon’s approach as well as the limitations of traditional supply chain planning, the operational benefits of AI, and the necessary steps for implementing AI-driven strategies. Limitations of Traditional Supply Chain Planning Traditional supply chain planning relies on retrospective analysis.
Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Online shoppers have been burned by long delivery times and the inability to return products. Build trust in your brand by optimizing fulfillment and returns processes.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
Demand is at the Heart of Supply Chain Network Design The first step in the SCND process is translating business rules into a set of data inputs: demand, products, customers, sites, shipment rules, production details, and various constraints. Another strategy is to dedicate resources and build the best algorithm for demand forecasting.
Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. You can consider setting up a supplier development program that includes training on carbon accounting and reduction strategies, sharing best practice and potentially co-investing in clean energy projects.
I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. The FLR, published on December 12, 2024, prohibits the sale and export of products made with forced labor in the EU market. administration suggest plans to impose a 25% tariff on products entering the U.S.
With a strong business intelligence foundation in place, businesses can enhance their strategies and ultimately drive growth through informed decisions. Data-Driven Strategy Formulation Organizations can leverage deeper insights to shape their strategies and operations.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.
With enforcement delayed until December 2025, businesses have time to integrate this tool, which streamlines data collection, geospatial analysis, and compliance verification. In the last year and a half, the price of lithium has slumped 80%, and firms have decided to hit the brakes on production.
If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. So here it is—your ultimate guide to warehouse product slotting. What is Product Slotting. As this is an “ultimate” guide, we’ll start with the basics.
Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.
As a consequence, production has to come to a halt to accommodate products that have not been picked up yet. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.
He has over 25 years of experience across all functions of the supply chain and IT in multiple industries including consumer products, life sciences, and industrial manufacturing. During the podcast interview, Tony and Shanna shared four (4) strategies for avoiding and or minimizing supply chain disruptions. About Shanna Greathouse.
There must be efficient strategies deployed to reduce the spread of pests and different stakeholders must contribute in some way. Finally, because of their liking for wires, they have the potential to harm electrical products. They may also cause products to be destroyed and viruses to infect humans and animals.
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.
Product slotting is one of the few cost saving ideas that you can implement in your current facility whilst making no changes to infrastructure (although there may be further benefits to do that). Product slotting is a warehouse term that involves placing products in optimal locations within a warehouse to enhance operational efficiency.
Reverse Logistics: Handles end-of-life products to ensure recycling and environmental benefits. Green Transportation: Focuses on low-emission vehicles, alternative fuels and efficient modes of transportation to reduce carbon emissions, especially in developed regions with stricter environmental regulations.
However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. importers can improve their supply chain efficiency and reduce costs by implementing the right strategies.
At the second level, the company delegates the delivery of products to an outsourced partner, to ensure greater efficiency and agility. 3PL: F rom storage to delivery to the end customer A 3PL partner guarantees the collection, storage, preparation, and delivery of products to the end customer.
Products come back in dribs and drabs, not in nearly packaged batches. Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. Often, the term reverse logistics is used for products that have already reached the final point of sale or been bought by a customer.
Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Retailers and shippers must adapt their strategy to ensure they get the right product, to the right place at the right time to meet the high expectations of consumers/customers. Description: . Steve Rowen . Managing Partner @RSR Research .
Cost to Serve: The measurement of cost factors that go into the servicing of a customer, or the production of a product. For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. The benefits of each component are highlighted below.
Shortages for in-demand products abound, while shipment delays are common and production lines run at a fraction of capacity. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “We Erratic consumer demand adds further dysfunction.
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