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Many have commented that market balance will be driven more by carrier attrition versus an event that spurs freight volumes. While it may be a blip on the radar, we have now seen the Outbound Tender Volume Index eclipse 2022 levels for the first time in two years as seen in Figure 1.1. Figure 1.1
Last-mile on-time outbound shipment performance to consumers and retailers is even lower than during Helene, at 73 percent prior to Milton’s landfall. READ THE FULL ARTICLE These rates are likely to remain low as road cleanup continues and residents return from evacuation. “We We didn’t see a ton of disruption from the port strike.
UP AND TO THE RIGHT For the past year, the general direction of the Outbound Tender Volume Index (OTVI) has been on an upward trajectory as seen in Figure 1.1. Another rise we’re keeping an eye on is the Outbound Tender Rejection Index, the rate at which carriers are saying “no” to freight where they have paper rates with a shipper.
Preparedness, communication key to mitigating the effects of a weather event on fleets and maximizing opportunity. In most cases, landfall (timeframe and location) and severity are known hours – if not days – in advance, but they consistently create logistical logjams for inbound and outbound freight. CCJ Digital. Sep 9, 2021.
However, an impact could be felt from recent events with regards to container shipping that would make it feel like less trucks are available. With recent geo-political events, and events at home, shipping to the West Coast has become more feasible than it was a year, certainly two years, ago. As you can see in Figure 1.1,
Recent events have elevated supply chain to a top priority for CEOs across the globe. We encourage qualified practitioners to take the survey, and we will provide those participants with a summary of our findings as a sign of our appreciation (please find survey link at end of this article).
My colleague Steve Banker published an informative article in 2020 about this extensive initiative Ahold Delhaize’s Supply Chain Transformation (forbes.com). The software then sends the requirements to the automated mixed case palletizing that assembles the outbound, store-friendly pallet. Sources of Efficiency.
FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. This hasn’t been a two day event, it’s turning into a two week… plus… event. Check out the full article and get a glimpse at the future. Volumes snapback quickly after winter storms. Rejections now rival peak levels.
According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. The answer lies in identifying supply chain disruptions — from a big event, like a port closure, to smaller day-to-day performance exceptions — at the earliest possible moment.
Mid-size manufacturers operate mainly in the batch process space and that is what this article focuses on. From inbound, to processing, to storing and outbound. In the event of a problem, full recalls are required and must be audited. Process industry challenges. Use ingredients not parts. Production management.
China’s decision to quarantine the city of Wuhan, where the virus was first detected, and to close factories, enforce massive lockdowns, and institute surveillance measures countrywide, has caused disruptions in Australia’s outbound supply chains. A dip in demand for iron and coal, as factories in China fall idle.
Phoenix has experienced a similar developmental boom, becoming a proxy for California’s old warehousing capital in Southern California’s Inland Empire,” FreightWaves Head of Freight Market Intelligence Zach Strickland wrote in a recent article. The trend is more important than the current value in this situation,” Strickland continued.
Organizations that aren’t actively investing in these capabilities, which are described in greater detail in this article, are already falling behind — and they risk losing even more ground as business conditions become more and more difficult. Digital Control Towers.
Normally, logistics deal with events that bring the product towards the customer. Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities.
This article was written by Peter Buxbaum and originally appeared in Freight Business Journal North America. To read the full article, please link here. Zulily’s business model revolves around product “events,” a fancy word for sales, perhaps 100 of them a day, that offer special prices and that typically last 72 hours.
Phoenix has experienced a similar developmental boom, becoming a proxy for California’s old warehousing capital in Southern California’s Inland Empire,” FreightWaves Head of Freight Market Intelligence Zach Strickland wrote in a recent article. The trend is more important than the current value in this situation,” Strickland continued.
Weather events or any other catastrophe can cause sudden changes in the market. Spot rates for incoming loads go down as more and more shippers want to enter such a market where outbound spot rates are high and they can return with a well-paying shipment. As mentioned above, the spot rate market is pretty volatile.
That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. 1: The Mistake of Minimalist Freight Management So, what about this minimalist management issue?
In any event, these sorts of decisions about logistics sourcing always involve considerable expenditure, and can’t be taken lightly. Then you will understandably be looking at ways to protect your supply chain from future black swan events, probably including a reassessment of safety stock levels. Don’t Rely on Rules of Thumb.
In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business. Recall capabilities: In the event of a product recall, the WMS will assign the flagged items to a segregated hold location and prevent them from being distributed. Types of 3PL Warehousing.
Complex MOQs To learn about these different types of MOQs, check out the full, in-depth article on our ecommerce blog here. Learn more about order fulfillment with this detailed 3PL article. Wholesalers and retailers exist for this very reason, so that buyers can purchase finished goods in various quantities. Product Level MOQ 2.)
Contingency Planning: The creation of plans for an organisation to maintain operations as normally as possible in the event of supply chain disruptions, natural disasters, and other incidents that would otherwise prevent operations from continuing effectively. European Article Numbering (EAN).
In this article, outsourcing will refer specifically to transport and warehousing functions. Many enterprises have taken heed, and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes.
Reports from Climate.gov show that escalating temperatures have increased the frequency and severity of extreme weather-related events. Shippers and carriers alike should establish a weather-related plan of action that can offset unexpected delays and help keep parties informed quickly in preparation for a catastrophic event.
This article is intended to be more of a how-to guide. Social Media — From sharing events and new products to responding to negative reviews, social media platforms represent the best opportunities you have to engage directly with your customers. You’ll need someone to manage it.
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