Mon.Nov 27, 2023

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6 Strategies to Turn Your Excess Inventory Into Revenue

Cyzerg

Are you drowning in excess inventory, unsure what to do with it? If so, you're not alone. Many businesses and warehouses face the challenge of excess stock, which can tie up valuable capital and space. But fear not! This article will share practical tips and tricks for turning excess inventory into revenue. Managing excess inventory is essential for maintaining a healthy cash flow and maximizing profits.

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Driving the Mission with Graig Morin

The Logistics of Logistics

Graig Morin and Joe Lynch discuss driving the mission. Graig is the Co-Founder and President of Brown Dog Carriers & Logistics. Graig and the Brown Dog team are big supporters of the Wreaths Across America. About Graig Morin Graig was born and raised in Biddeford, Maine. Shortly after high school, Graig began investing in truck driving. This investment transpired in 1998, after a road trip from Maine to Arizona with a few friends.

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Catching Up on Transportation Management Systems

Talking Logistics

As I wrote back in October 2018, when it comes to Transportation Management Systems (TMS), “there is always something new to talk about. The scope and capabilities of transportation management systems, as well as the vendor landscape, have changed significantly over the years, and the systems continue to evolve. The same is true for the. Read more The post Catching Up on Transportation Management Systems appeared first on Talking Logistics with Adrian Gonzalez.

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Elon Musk is a Great Man, but …

Logistics Viewpoints

Elon Musk is a great entrepreneur. His success in building Tesla and SpaceX has made him the richest man in the world. But more than that, electric vehicles are critical if the world is to have any chance to achieve net zero emissions. Musk kickstarted that entire industry. Similarly, SpaceX has had over 260 space flights at a fraction of the traditional cost to taxpayers.

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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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How to thrive through the bottom of the trucking freight markets

Overdrive Online

This week's Overdrive Radio features longtime owner-operator coach Kevin Rutherford's guide to solidify the business base to take advantage of opportunities at the markets' bottom, and to excel for long-term trucking at the top.

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Melton's driver influencer program proves carriers can make a big difference with a small budget

Commercial Carrier Journal

Melton Truck Lines was recognized as CCJ's 2023 Innovator of the Year for this program, which incentivizes drivers to post videos about trucking to social platforms like TikTok and YouTube and has resulted in some impressive benefits.

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Quantifying Scope 3 Emissions Creates a Roadmap for Business Longevity

Supply Chain Brain

Without visibility into Scope 3 emissions, companies lack the data to fully account for and demonstrate their carbon impact and risk to investors and partners.

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Navigating the Waves: Predicting the Shipping Industry’s Journey in 2024

MTS Logistics

2024 is shaping up to be a challenging year for the shipping industry. Soft pricing, lower demand, and economic uncertainties are creating a complex landscape, and the shipping industry is gearing up to face these issues head-on. The persistent soft pricing in the shipping sector is expected to extend into 2025, a consequence of capacity outpacing demand.

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How to Save Your Supply Chain Project from Failure

Supply Chain Brain

Why do supply chain projects often fail?

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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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AI will not replace the Supply Chain Planner (However, they will cooperate)

AIMMS

In a future where a supply chain planner collaborates with AI, the fusion of technology and human expertise enables strategic planning and execution.

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Amazon is Now the Biggest Delivery Business in the U.S.

Supply Chain Brain

Amazon has delivered more than 4.8 billion packages in the U.S. this year, and predicts it will deliver around 5.9 billion parcels, up from 5.2 billion last year.

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Gentle Handling for 6000 Parcels per Hour

Logistics Business Magazine

You can just hear each other while Mikropakket’s 50-metre-long electrically powered sorting belt rapidly transports and distributes the various parcels to the thirty inclined discharge conveyors, known as chutes, in PostNL’s Nieuwegein warehouse. In addition to rollers, the chutes also contain brake rollers, so that heavy parcels are automatically braked and do not crowd the lighter or fragile parcels: gentle handling. “Previously, we still sorted Mikropakket’s parcels ma

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Watch: It's a Great Time to Be a Logistics Service Provider

Supply Chain Brain

Logistics service providers are armed with expertise, data, technology and C-level executives who will listen to them, says Mike Riegler of One Network Enterprises.

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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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Challenges of Peak Season Logistics

Logistics Business Magazine

As the holiday shopping season rapidly approaches, shippers and carriers are yet again gearing up to tackle the formidable logistical and customer service challenges that inevitably come with peak season volumes. However, this year, their task is further complicated by ongoing supply chain disruptions all while grappling with the increasing uncertainty based on the geopolitical situation.

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Dealfeng Rotor Sail Installation Completed on Oil Tanker

Supply Chain Brain

The companies say a vessel using the rotor sails can achieve a reduction of around 8% of fuel and GHG emissions, while maintaining speed and travel time.

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Haulier Buys New Tipper Trailers

Logistics Business Magazine

Farming and haulage company, Pearn Wyatt & Son, has taken delivery of two bulk tippers, continuing a close relationship with Fruehauf that spans more than five decades. The Norwich, Norfolk, UK firm has added the new sloper Smoothsider tippers from Fruehauf’s Ready to Go stock. The 70 cubic yard capacity trailers join the fleet just a few months after the company purchased a second-hand tipper from the manufacturer.

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ONE Launches West India-North America Service to Enhance Connectivity in India

Supply Chain Brain

The ocean carrier said the new service will be conducted via a fleet of nine vessels, all of which are operated by ONE.

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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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Phoenix Motor Wins Florida Contract to Provide Electric School Buses

NGT News

Phoenix Motor Inc., an electrification solutions provider for medium-duty vehicles, has been awarded a contract by the Florida Sheriffs Association’s Cooperative Purchasing Program, enabling schools to procure and purchase Phoenix’s all-electric Type A school buses. This Cooperative Purchasing Contract is expected to give any public school in Florida the ability to purchase zero-emission school buses […] The post Phoenix Motor Wins Florida Contract to Provide Electric School Bu

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The Ins and Outs of Logistics Operations: Keeping the World Moving

Loginext

This comprehensive guide provides a detailed overview of logistics operations. From the challenges Macy faces to the strategies they employ, we have explored the importance of logistics operations in today's global economy. The post The Ins and Outs of Logistics Operations: Keeping the World Moving appeared first on loginextsolutions.com.

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Volvo FH Electric Becomes First EV to Win International Truck of the Year

NGT News

Volvo’s heavy electric truck, the Volvo FH Electric, has been selected as International Truck of the Year 2024. In explaining its decision, the jury praised the truck’s performance, seamless acceleration, quietness and vibration-free behavior. “With the introduction of the FH Electric, Volvo Trucks has delivered a state-of-the-art battery electric vehicle range, suitable for a wide […] The post Volvo FH Electric Becomes First EV to Win International Truck of the Year appe

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Freightera Posts 140% YoY Growth

Freightera

Freightera’a Unique Strategy Leads It to Growth and Profitability in 2023 Despite Freight Recession We’re happy to say that the news of our success in the past year has been caught by news outlets such as Newswire and Techcouver. “This year has been a difficult one for the freight industry, with North America’s largest brokerage C.H. Robinson experiencing a 62% decline in earnings per share, 94-year-old Yellow Freight ceasing operations, and Convoy shutting down despite raising over $1 billion i

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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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IO-Link for Auto-ID Devices

Logistics Business Magazine

SICK has pioneered the addition of IO-Link to two of its most compact and industry-standard identification devices. Both the SICK CLV61X fixed-mount 1D bar code reading scanner and the RFU61X UHF RFID read/write device were first to market with IO-Link variants, enhancing the integration versatility of SICK’s identification portfolio. Both the SICK CLV61X and the RFU61X are already well known for their compact dimensions and wide-ranging connectivity with standard communications interfaces.

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Attackers Who Held Israel-Linked Tanker Seized by U.S. Navy

Supply Chain Brain

The Houthis have promised to target Israel over its war against Hamas in the Gaza Strip, declaring themselves part of an "axis of resistance" of Iran-affiliated groups.

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Sustainable Warehouse Automation Options

Logistics Business Magazine

Can warehouse automation advance sustainability? Dan Migliozzi, Head of Sales at independent systems integrator, Invar Group, looks at the options available. Logistics and supply chain professionals are increasingly concerned about the sustainability of their operations, and in particular, about the environmental performance of their warehouses and DCs.