This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Breakbulk Americas , is the region’s largest trade event for the project cargo and breakbulk industry. This event will feature over 200 exhibitors, showcasing innovative solutions to aid industry progress globally and foster high-value deals among ocean carriers, ports, logistics providers, road transportation, export packers and many more.
AMSTERDAM – July 21, 2021 – To facilitate implementation of its just-in-time (JIT) port call standards, DCSA has released interface standards and messaging API (application programming interface) specifications for the first 18 event timestamps defined in its JIT port call data definitions.
It may well be that that confusion originates from the same term having similar but different definitions depending on the context. Maybe you could say that the Deming circle is for management, and the QC circle is for a group of people that work on faults encountered at the local level.” ” So… I learned something!
An interest group of the Singapore-based Logistics & Supply Chain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
Celebrating its 75th anniversary this year, the Utz Group believes that – in addition to its technological innovation and local service – it is the company’s culture of focusing on people and fostering a sense of community that drives its success. Utz recently held a group-wide conference (pictured) to mark its 75-year milestone.
Latest release of DCSA’s Just-in-Time Port Call Programme provides interface standards and API definitions for all 50 port call event timestamps. The interface standards allow carriers, ports, terminals and other service providers involved in a port call to exchange event data in a uniform way, enabling automated data exchange.
ARC Advisory Group, the company that I work for, releases a number of market studies on a number of technologies. ARC’s definition of omni-channel fulfillment is end-delivery centric. The focus is on customer demand in the short term, and enables the retailer to respond to local events to change their inventory levels.
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.
McKinse y, Cap Gemini and the Boston Consulting Group all suggest digital transformation is about applying digital technologies [such as Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT) and Blockchain] to operational processes and creating improvements.
Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics. As per Håkan Nilsson, the CEO of one of our partners, Zinnovate, “ShipChain is definitely a company with global ambitions.”. Upcoming Events.
Our business development & leadership teams have been all over the world, attending major blockchain conferences and hosting a suite of events specific to shipping and logistics. As per Håkan Nilsson, the CEO of one of our partners, Zinnovate, “ShipChain is definitely a company with global ambitions.”. Upcoming Events.
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors.
Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. Even though,the black swan events are often inappropriately rationalised after the fact with the benefit of hindsight.
Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.
While the concept isn’t new, its application to supply chain is emerging, albeit without clear definition yet. Disruptions often interrupt these patterns and produce rare events, which challenge the algorithms designed to learn from prior patterns. Digital transformation is no longer optional.
Chief Executive Caroline Barber shared the news with a group of around 100 corporate members and supporters gathered at law firm Ashurst LLP on Tuesday, highlighting how the international development organisation’s track record for delivering life-saving work means it is now regularly approached to expand its activities into new countries.
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors.
ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. A items may also be of strategic importance to the business concerned.
Definitely not. What these diverse groupings all have in common is how they’re protected within the US by the FDA’s high standards for them, and the facilities that handle them (like ecommerce fulfillment centers). However, the ecommerce brand is responsible for their own lot traceability of products in the event of a recall.
Contextually, Körber Supply Chain Software is a business unit within Körber Supply Chain, which is itself one of five business areas of the Körber Group. In fact, the definition of pulling the rug out from underneath someone is that doing so causes their plans to fail, because they have little recourse or time to respond adequately.
It’s worth remembering that despite tragic events we’re seeing in the headlines, overall these were the most peaceful 75 years in history. Our employees receive competing job offers regularly, and choose to stay in the Freightos Group. Many actual events and circumstances are beyond the control of Freightos and Gesher.
We finished this unforgettable time on Zlatibor mountain with group games and exercise, strengthening the team spirit. Growth was definitely a highlight of this trip, in terms of business, team, fun, bonding, and friendship.
Instead, we were a group of 50 or so 3PLs and vendors having a two-way conversation with the speaker, Jason Minghini from Kenco. The next revelation I had about this IWLA User Forum was the engagement of the group in sharing knowledge. Fortunately, subsequent sessions had a lighter mood than talks of pandemics and recession.
As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.
It has established itself as an indicator of cost-effectiveness and innovation and is considered the definitive international innovation award in intralogistics due to its technical expertise. Event partner is the BMW Group. The IFOY AWARD is considered the most important intralogistics award in the world.
When last we met, I had given a brief account of a speech that I was invited to give at a National Logistics event recently. It is incredibly gratifying to deliver real, bottom-line value to a big group like that. Our firm is frequently called upon by other CPAs and attorneys to represent their clients in examinations.
Around 500 guests attended the event including H.E. Arkhom Termpittayapaisith told the guests that the MOL Group has contributed to Thailand’s international competitiveness through logistics business, and a steady future growth can be expected considering the challenging spirit that flows through MOL’s history. Lines (Thailand) Co.,
But it is possible to reposition inventory to better respond to such events. According to a report by the Geneva-based International Federation of Red Cross and Red Crescent Societies (IFRC), global warming is not a direct cause of droughts or hurricanes, but it increases the frequency and exacerbates the risks of such events.
When on a multi-tenant system, you must follow the timing of the group. Don’t settle for buzzwords and don’t assume that you and your vendor have the same definition of a term. As an aside, the hosting costs for hardware are continuingly coming down, making private hosting a realistic option for an increasing number of companies.
We definitely didn’t want our deployments to involve more manual steps, so we wanted to be able to update both places with a single deployment. We use events to synchronize any changes between the app and the micro frontend (e.g. The solution: micro frontends were our salvation. Conclusion.
We definitely didn’t want our deployments to involve more manual steps, so we wanted to be able to update both places with a single deployment. We use events to synchronize any changes between the app and the micro frontend (e.g. The solution: micro frontends were our salvation. Conclusion.
Shipping and cargo help as a group of container freight shaped as a human head that is drowning in the ocean with a life saver coming to the rescue as an export and import logistic management symbol with 3D illustration elements. The events covered could also be restricted from the outset. Conceptualization of cargo insurance.
Dan Migliozzi, Sales & Marketing Director, at independent systems integrator, Invar Group , explains why the sector needs to rediscover its appetite for risk. This may mean that some of the potential efficiencies and savings are not immediately captured, but these are by definition long term projects.
The three innovations were unveiled at Transporeon NEXT, Transporeon’s flagship bi-annual launch event, which is taking place this week at its annual summit. It taps into Transporeon’s extensive network of 1,400+ shippers and 158,000+ carriers for instant scale, creating a definitive catalogue of buyers and sellers.
The supply chain industry, housing and processing huge volumes of personal data, would definitely fall under SDF. Data Processor: A person or group responsible for processing personal data on behalf of the data fiduciary. The act is yet to specify the timeline for reporting breaches, necessitating preparedness on the part of shippers.
He is the Founder and Group Managing Director of Logistics Bureau. Over the years you’ve managed to bring multiple management consulting firms and related businesses together under the Logistics Bureau Group umbrella. It was always the intention to have a Group with Logistics Bureau as the main pillar. What makes them tick?
5 benefits of the expressive bidding approach to freight RFQs # 1: Synergies through individual lane bundling We know the situation from the spot market: In the event of missing connecting loads or to avoid empty runs, freight forwarders offer a shipment partially below cost. Harvest this low-hanging fruit!
Read Also: The Definitive Guide to Logistics Route Optimization 4. Crucially, in the event of potential delays, prompt notifications and customer service outreach offer customers the flexibility to adjust their expectations or plans. Read Also: How Locus is managing customer-preferred time windows for its clients 6.
This number is often set at item group level and based on the judgment or assumptions of the inventory management team – there are no formal calculations used. By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others.
On a recent sun-washed morning, a group of Wisconsin Penske associates traded business casual for pool party chic as they took a plunge to raise money for Special Olympics Wisconsin (SOWI). In addition to participating in the plunge, the district also donated trucks to SOWI for their Polar Plunge events in Green Bay and Oshkosh, Wisconsin.
When events like that happen, you cannot blame anyone for it other than yourself for waiting for the last day or week to order something you knew you would need. Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review.
News & Events. |. This shows that there is a definite inclination towards self-evaluation and constant improvisation and I believe ideas sharing can do wonders in achieving it. Forums like IBM Pulse, Maximo Utilities Working Group (MUWG) etc. Payments Treasury. Wealth Management. View all Infosys blogs. Offerings. |.
The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. ABC curve Using the ABC curve, inventory items are divided into three groups according to their monetary value or significance to the company.
And it’s getting faster and faster as time goes on, whether it’s air freight or ocean, what’s happening is all of these geopolitical events are impacting trade. All of the market conditional events are impacting trade. And I think that that’s definitely a valuable service. Craig Fuller: .
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content