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This article comes from Carlos Díaz Madero, Subdirector Marketing at netLogistiK , and looks at the key trends that are transforming supply chain management. In this context, it is crucial to be aware of the emerging trends transforming the supply chain management field. To read the full article, click HERE.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Supply Chain Dive has developed a new cargo tracker on its website where users can track cargo activity at US ports and read the latest port-related articles. Recent additions to the page, for example, show that March cargo volumes increased 8% in Long Beach YOY and 19% in Los Angeles YOY.
With predictions of a looming recession, it’s important to understand the latest trends to prepare for the new year. So, what are some of the trends we can expect in 2023? Rate increases are not a new trend, but with inflation at a record high for the second year in a row, shipping increases are expected. Digital Technologies.
Predictions in the logistics industry Retailers wishing to maintain a leading position within the industry must understand and leverage their supply chain trends. This article examines some of the key trends that businesses should be aware of for this year. For example, inflation erodes away about 8.5%. in some areas.
Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. As one respondent said, “COVID just woke us up to a trend that had already been occurring.
The Logistics Trend Behind The Latest Trend. Contributed Article. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain.
In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. For example, using a 5G network, a parts tote could communicate that the tote is 80% depleted for this SKU which would trigger a re-order of the necessary parts. Hyped Technologies.
It’s that time when idle chatter at the office Christmas lunch turns to debating what next year will bring, especially among logistics and supply chain professionals, for whom it seems every New Year brings new challenges, trends, and disruptive innovations. The 7 Trends for Supply Chain Pros to Watch in 2018.
After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Agility is More Important Than Ever. times faster than brands that don’t.
This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S. for year-over-year breakouts): .
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. Timely and efficient last-mile deliveries are critical for meeting customer expectations.
This helps companies to better organize products, from storage to delivery to the end customer, for example in a warehouse where robots are responsible for moving the products from one side to the other. For example, an automated system can better organize delivery routes, saving fuel and time.
Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges. For example, U.S.-based Its not about locking in decade-long deals or crossing your fingers that suppliers stay stable.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets.
In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. For example, using a 5G network, a parts tote could communicate that the tote is 80% depleted for this SKU which would trigger a re-order of the necessary parts. Hyped Technologies.
In the year of the pandemic, technology is more important than ever for supply chains—here are four more technological trends to pay attention to in 2020. Last week’s article covered four of the most prominent technology trends this year as outlined by Gartner. Some technological trends mark a paradigm shift.
Matt Yearling’s articles ranked on both Logistics Viewpoints’ and Talking Logistics’ most-read article lists for 2019. . Here’s a synopsis of his most-read articles for the year and the evergreen insights that he shared with readers: Excess Inventory? Transportation Trends: First Autonomous Spotters, Then Autonomous Trucks.
Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. For example, you might call the highest level the “primary tier” and the second level the “secondary tier.” Which ones to use?…
Examples would be some traditional forms of material handling equipment. Without aligning your enterprise to these trends, building successful customer experiences will be downright difficult, if not impossible. But the COVID pandemic has turned the industry upside down like nothing before. Connect with Turvo today to get started.
Here is an example related to cybersecurity. As the article makes … Continue reading → BIMCO is one of the leading standardization forces in the world of shipping. How do you write a contract that binds participants to provide an appropriate level of cybersecurity?
Globecon Freight pointed out the scale of these changes in an article earlier this year, Supply chain management is undergoing a significant transition that will change the face of shipping and logistics. For example, a warehouse employee can use a device to input data regarding inventory. Digital Transformation.
Today’s article is from Kinaxis and explores the TikTok Effect. The social network’s increase in popularity has given rise to viral trends, as user-recorded videos spike in popularity dragging certain products along with them. To read the full article, click HERE. Overnight, millions of people are clamoring for your product.
Like our two previous infographics (we’ve reposted those below this article & if you click each one it will go to the respective article), this article continues to examine the American manufacturing industry. For example, choosing which suppliers are the best , most valuable partners.
An example can be seen the Los Angeles market. in the past 90 days, outbound volume from this market has increased almost 23 percent and the rate of carrier rejections has also shown an upward trend by over 50 percent. It will be important for shippers, carriers, and brokers to keep an eye on activity around U.S.
This article explores how adaptive supply chains can help businesses thrive. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Traditional, linear supply chains struggle to adapt.
This past January, for example, based on an article published in. Most of my posts have focused on how many companies (particularly the “800-lb Gorillas” in each industry) still bully their suppliers, shifting as much risk and cost onto them as possible. Read more The Great Lockdown: Will You Keep Bullying or Help Your Suppliers?
In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. A warehouse management system (WMS) is an example of digital automation software.
Container Ship Leasing Trends Downward. The article states that Fabric customers communicated that they wanted to use Fabric technology directly in their own warehouses, rather than contracting with Fabric to serve as a 3PL managing fulfillment operations with Fabric technology. the Nike article reminded me of it).
These current factors, in addition to the atypical activity of the recent past (whipsaw demand pattern), render time-series trends less relevant than in more stable environments. So, what methods can we apply to better gauge future trends? Qualitative Review of Explanatory Variables. I’ll save you the suspense, you will be wrong.
This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supply chain planning for 2022 and beyond. Changing trends in lifestyle and impacts on fashion retail. To read the full article, click HERE. Although we may not go back to those days (hopefully!)
If you want to get more of a feel for the work and working conditions, check out the photos in this Daily Mirror article: [link] ). Common examples are an Enterprise Resource Planning (ERP) system, or an Electronic Health Records (EHR) system. See a trend here?). A classic example of this is a heijunka or load-leveling box.
I provided a glimpse of the study content in an article in October that lists the top 20 warehouse automation suppliers , based on ARC’s estimates of 2021 revenues. Together, these two articles provide a substantial quantitative and qualitative overview of the global warehouse automation market. percent four-year CAGR.
Other benefits of AI and ML for manufacturers Using the large amounts of data in the manufacturing ERP, AI-powered decision support tools can analyze data to find patterns and trends in seconds, helping managers make informed decisions quickly. An article in the Havard Business Review noted that as much as 80 percent of AI projects fail.
Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place? We’ve worked with small local companies and large global supply chains, so have a pretty good idea of which disruptions are most frequent.
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. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know?
The person who gave the presentation I attended offered the example of a speech by late US President John F. As I explain in a YouTube video on this subject, I recently saw a good example of how a BHAG can galvanise a workforce and make a dramatic impact on productivity. For example, their increase in productivity was 217 percent.
Today’s article is from GlobalTranz and explores white glove services in transportation management. They must go beyond the standard delivery in transportation management, and consumers are pushing this trend forward. Refrigerators, large household appliances, furniture, and expensive electronics are examples.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.
So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. KPI dashboards and reporting: This is linked to tip #3 above.
This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype. Lead times, for example, are a critical form of master data for planning purposes. Artificial intelligence is beginning to be used to update the data.
So instead of giving a speech on this, I am repurposing this content into an article. So, what are the mega trends? How does the pandemic and digital technology play into these trends? The pandemic has greatly accelerated this trend. For example, lead times are critical. The Growth of Ecommerce.
Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.
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