Wed.Oct 04, 2023

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Just-In-Case Inventory Management: Guide to Avoid Stockouts

Cyzerg

Just-in-case (JIC) inventory management has been more prevalent ever since the COVID-19 pandemic. By adopting this strategy, businesses can avoid costly stockouts, improve order fulfillment rates, and enhance customer loyalty. Rather than relying on just-in-time inventory, where goods are ordered as needed, just-in-case inventory management anticipates potential disruptions and maintains a safety net of inventory.

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Choose Your WMS Consultant Wisely – Project Success Depends Upon It

Logistics Viewpoints

I am wrapping up ARC Advisory Group’s research on WMS Consulting Specialists- independent consultants that derive a large percentage of their business from WMS consulting and implementations. I had a very vague understanding of the WMS consultant landscape prior to engaging in this research. I knew a number of individuals and companies, but didn’t really have a contextual framework for understanding the world in which they operated and how they differed from one another.

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Highlights from “Future of Logistics, NOW”

Talking Logistics

What are some big trends in the logistics industry that are not only having an impact today but will continue to shape the future of the logistics industry moving forward? That was the opening question in a recent LinkedIn Live event produced by SAP titled “The Future of Logistics, NOW.” Andy Hancock from SAP was. Read more The post Highlights from “Future of Logistics, NOW” appeared first on Talking Logistics with Adrian Gonzalez.

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Applying AI to Supply Chain Network Design

Supply Chain Brain

Supply chain leaders are trying to understand the best way to integrate artificial intelligence and large language models into their existing set of tools.

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Rethinking warehouse work culture: Can automation create better workplaces?

Heico Sandee, CEO of Smart Robotics, explores how automation redefines warehouse culture. By shifting repetitive tasks to skill-based roles, automation improves safety, fosters collaboration, and makes warehousing more appealing to today’s workforce.

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Truckers Helping in so Many Ways Every Day

Women in Trucking

Professional truck driver are behind so many great organizations that are helping all types of people in many different situations.

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Watch: Achieving Supply Chain Resilience Through Visibility

Supply Chain Brain

John Donigian, senior director of product strategy with Moody’s Analytics, discusses the importance of promoting visibility, collaboration and data exchange across the extended supply chain.

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Wind Power Looked At to Make Shipping Greener, But Challenges Remain

MTS Logistics

Could wind power help power tomorrow’s shipping vessels as shippers look to become more environmentally-friendly? Alternative energy sources in shipping is quickly becoming mainstream. For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus.

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U.S. Going After Chinese Companies Involved in Fentanyl Supply Chain

Supply Chain Brain

The sanctions and charges, which were brought on by the U.S. Attorney’s Offices in Florida as well as the Federal Treasury Department on October 3, were strongly condemned by China.

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October 4, 2023 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home October 4, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Athletic Greens Selects Stord as Fulfillment Partner to Power Accelerated Growth Trajectory

Stord

Stord’s best-in-class, omnichannel fulfillment and last-mile services, coupled with its OMS technology, will help Athletic Greens deliver an exceptional customer experience as it continues scaling. New York, NY and Atlanta, GA, October 4, 2023 – Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands, announced its partnership today with Athletic Greens , the global health company behind the daily foundational nutrition supplement AG

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U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices

Supply Chain Brain

The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.

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Battery Economy & Safety: Li-Ion vs Lead-Acid

Logistics Business Magazine

Automated internal logistics platforms, including automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and cleaning machines, are powered by an internal power source. This power source could be a lead-acid or lithium-ion battery. Both offer different performance, but they also have significant differences in terms of economy and safety.

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How to Avoid Greenwashing Claims — Through Data

Supply Chain Brain

Brands want to supply the sustainable products that consumers demand, yet they must walk a fine line when it comes to promoting those products to avoid accusations of greenwashing.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Webinar: Supply Chain Management

Logistics Business Magazine

The latest Webinar from Logistics Business, brought to you by Kinaxis, is available to watch here free. Entitled “Supply Chain Management: Striking a Balance between Speed and Accuracy”, Editor Peter MacLeod talks to Matt Spooner, Industry Thought Leader at Kinaxis, about how with the right tools and expertise, businesses can optimise both supply chain agility and accuracy.

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EU Formally Opens Subsidies Probe into EVs Made in China

Supply Chain Brain

The probe will focus on new battery-powered electric vehicles (BEVs) and alleged subsidies granted by the Chinese state, a legal notice in the EU’s official journal confirmed October 4.

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Port of Felixstowe Deepening Complete

Logistics Business Magazine

The main approach channel and Berths 8&9 at Hutchison Ports’ Port of Felixstowe have been deepened to improve access for the world’s largest container ships. The announcement was formally made today (4 October 2023) during the maiden call at the port of its namesake the OOCL Felixstowe, the latest in a series of 24,188 TEU mega container vessels operated by Orient Overseas Container Line Ltd. (“ OOCL ”).

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Ford Sales Rose in the U.S. During the Third Quarter

Supply Chain Brain

Ford saw its sales of electric vehicles, hybrids and trucks each increase by double-digit percentages during the third quarter of 2023.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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TGW’s New Stingray Shuttles

Logistics Business Magazine

With covers made from locally sourced wood, the new generation of Stingray shuttle saves 25 tonnes of plastic per year. This is a step towards more sustainable, efficient, and reliable shuttles that transport totes, cartons, trays or hanging goods. Thomas Gruber-Blanka, Director of Product Management at TGW, emphasises the impact of the new shuttles: “The latest Stingray generation unites the highest performance and reliability with energy-saving operation and sustainable materials.

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CA Funding Round for EV Charging Opens October 19

NGT News

CALSTART says California’s EnergIIZE Commercial Vehicles Project’s Public Charging funding opportunity, intended for applicants interested in deploying publicly accessible charging infrastructure for battery-electric medium- and heavy-duty vehicles, will begin accepting applications at 9 a.m. PT on October 19 through 5 p.m. PT on November 3. This funding lane will offer up to $11.7 million in […] The post CA Funding Round for EV Charging Opens October 19 appeared first on NGT News.

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Innovative Solution for Türkiye’s Automotive Supply Chain

Logistics Business Magazine

Thousands of cars are now entering Türkiye after DP World Yarımca introduced an innovative ‘cars in containers’ shipping solution that has helped solve an automotive supply chain crisis in the region. Congestion at Turkish ports has resulted in significant delays in delivering new vehicles against a backdrop of skyrocketing demand in the burgeoning automotive market.

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Daimler, Electrada Partner to Accelerate Fleet Electrification

NGT News

Electrada, a fleet electrification solutions company, and Daimler Truck Financial Services, a financial service providers for commercial vehicles, have partnered to push Daimler’s battery electric vehicles (BEVs) and Electrada’s 360 charging-as-a-service solution. Providing the necessary infrastructure to power medium- and heavy-duty electric vehicle fleets, the all-in-one solution will first be provided to projects with selected […] The post Daimler, Electrada Partner to Accel

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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Russia, Saudi Arabia Extend 1.3M Barrel/Day Oil Cuts to the End of 2023

Supply Chain Brain

The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.

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Autel Energy Debuts High-Power EV Charger in the U.S. Market

NGT News

Autel Energy has launched its MaxiCharger DC HiPower 640 kW EV charger for customers in the U.S., offering a “sleek and modern industrial design with a host of exceptional features,” the company says. Among the product’s highlights: Ultra-Fast charging: With a maximum output power of 640 kW and liquid-cooling technology, the unit can provide up […] The post Autel Energy Debuts High-Power EV Charger in the U.S.

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Mobility Company opts for Mitsubishi Forklifts

Logistics Business Magazine

By any measure, CareCo is a genuine success story. Built on energy, innovation and a keen attention to detail, the company’s continued expansion has seen it grow from a small family business operating from a barn to pole position as the UK’s leading whole-range supplier of mobility aids. An expanding fleet of lift trucks has been instrumental in that process, supplied and supported by the local Mitsubishi Forklift Trucks distributor.

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Fleets, Fuel Retailers Gain Financing Option for EV Charging via Gilbarco Veeder-Root, Skycharger

NGT News

Gilbarco Veeder-Root, a Vontier Corp. business, and Skycharger, a provider of EV charging solutions, have introduced the EVerse Fully Hosted program to provide fuel retailers and fleets with new financing and service options for EV charging infrastructure. While fuel retailers are well positioned for deploying EV charging infrastructure due to their great locations and site […] The post Fleets, Fuel Retailers Gain Financing Option for EV Charging via Gilbarco Veeder-Root, Skycharger appear

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Unlock Success: 3 Expert Tips to Skyrocket Your Inventory Turnover Rate

3PL Links

Unlock Success: 3 Expert Tips to Skyrocket Your Inventory Turnover Rate | Image source: Pexels Inventory turnover is one of the many measures of a company’s productivity. The accountable manager must closely and effectively oversee this because it is directly tied to the expenditures and investments of the company. The average time it takes for your organization to sell the stock it has on hand or the time it takes to replace its inventory, is known as inventory turnover.

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A New Approach to Small Parcel with Tyler Abderholden

The Logistics of Logistics

Tyler Abderholden and Joe Lynch discuss a new approach to small parcel. Tyler is the Vice President of Network, North America, at Sendle , the first delivery network in North America specifically designed to serve the needs of small ecommerce businesses. About Tyler Abderholden Tyler Abderholden is the Vice President of Network, North America, at Sendle.

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Choosing Your Freight Shipping Method: Air, Land, or Sea

Ship Monk

Shipping is complicated. That’s why they call it logistics. Unfortunately, logistics can’t be avoided if you’re an ecommerce brand owner. No matter what you’re selling in your online store, you have to ship your merchandise in bulk to a fulfillment center (what we call inbound freight shipping), and you also have to deliver orders to your end customers (what we call outbound small-parcel shipping).

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