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TIM Consult, the international businesslogistics consultancy, is to merge with the Transporeon Group. TIM Consult was founded in Germany in 1995 and provides businesslogistics consultancy, market intelligence and procurement services on a global basis, across all transport modes and industry verticals.
Businesslogistics costs as a percentage of GDP is currently 7-8% in United States. Economic development is both measured by and based on logistics. There is value to sharing data, like receiving suggestions for a better route, more accurate ETAs, and complementary product choices. Speed is the New Cheap”.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. And for me, that day is today.
TIM Consult, the international businesslogistics consultancy, is to merge with the Transporeon Group. TIM Consult was founded in Germany in 1995 and provides businesslogistics consultancy, market intelligence and procurement services on a global basis, across all transport modes and industry verticals.
This digital transformation is providing new opportunities for growth and transformation, but it also opens new opportunities for cyber-attackers to target businesses. Logistics organisations make for particularly tempting targets for hackers. It only takes one weak link to open a business up to risk.
Large group of cardboard boxes connected to microchip. A reality check for contemporary business. Logistics is defined as a series of processes and procedures that facilitate the movement of an item or person from location to location. The use of logistics systems reduces the impact of any interruptions in your supply chain.
Therefore, it’s best to schedule your freight so your shipments will be transported in groups– not singly. Monitoring your inventory levels and being aware of your production and transportation times helps you schedule the perfect time to ship your products in groups. Combine shipments. Reduce freight costs with GoShip.com.
More recently, an Institute for Supply Management survey found that the supply chains of approximately 75% of over 600 businesses faced disruptions from the COVID-19 pandemic. Their research enabled Acimovic and his team to use data-inspired optimization protocols to create a new set of metrics such as time and cost-to-respond.
Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Data from barcodes, RFID tags, GPS systems, and the Internet of Things (IoT) mean that managers not only have to be good analysts, but they also have to be good at understanding the supply chain system instinctually.
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