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Thanks to advancements in technology including cloud computing, internet of things (IoT), drones, and mobile, yard visibility and management are now reaching new heights as the picture of the “Digital Yard” comes into very clear focus. No longer relegated to using clipboards, spreadsheets, and manual systems to manage their yard assets, companies are asking themselves questions like: How can we better leverage today’s advanced technologies to run our yards even more efficiently?
Freightos Freight Index Update. March 5-12 2017 (W10). By Noam Fraenkel, VP Data & Analytics, Freightos. Weekly insights from the Freightos International Freight Index. Despite talks of a seller’s market, China-US spot rate import prices for 40’ containers have continued to drop ever since peaking prior to the Chinese New Year in January. This continued drop represents a potential market correction and return to 2016 prices.
Are industrial manufacturers seizing all the opportunities of a more digital world? Possibly not. A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. This is concerning. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left
As April 18 looms, more American businesses are turning their attention to taxes and cash flow. Whether you're stressed about the impending deadline or wondering how you can get a leg up on next year's tax season, you may wonder whether using a third-party logistics (3PL) provider could help your business. Partnering With a 3PL Provider Reduces Your Tax Pressure.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Trusting a 3PL partner with your global supply chain network is vital for the efficient delivery of your product. Indeed, for any far-reaching logistics with international warehousing and distribution capability, you need the right planning and policies, systems and strategies in place. That way, large scale operations are in the best place to maintain the same standard of quality throughout – no matter what borders or oceans they cross.
4 Signs It’s Time for a Network Analysis.Transportfolio. Supply chains are innately complex. The dynamic global marketplace, ever-changing landscape of the transportation industry, and shifting business goals provide the right environment for complexity to thrive. That’s where working with a third party logistics provider (3PL) with knowledgeable supply chain engineers comes into play.
4 Signs It’s Time for a Network Analysis.Transportfolio. Supply chains are innately complex. The dynamic global marketplace, ever-changing landscape of the transportation industry, and shifting business goals provide the right environment for complexity to thrive. That’s where working with a third party logistics provider (3PL) with knowledgeable supply chain engineers comes into play.
“There is a certain limit to what you can optimize just within the four walls of your company,” said Artur Zgoda, Director of Supply Chain IT Solutions at AXIT- A Siemens Company , in a recent episode of Talking Logistics. “The next big opportunity for benefits is to go beyond your four walls and integrate and collaborate with your suppliers, customers, and other trading partners to enable joint supply chain processes.”.
Behind the $5 billion dollars in logistics technology investments. By Eytan Buchman, Head of Marketing, Freightos. Today Freightos announced a $25 million dollar funding round , led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing.
Shippers and sellers have plenty of things to consider. They must think about what customers will want today, tomorrow and two months from now. Meanwhile, are freight costs going to rise or decrease? Will Mother Nature throw a wrench into a shipment, causing extra delays or even freight damage? These questions reflect the woes of freight loss among shippers and sellers, but proper packing and packaging can help prevent freight damage, assuming it is not the result of a natural or manmade disaste
I have noticed a bit about my own behavior and started looking to see if it was just me or was it a "trend" (I am not usually "trendy"). The behavior is simple: I just stay at home more and I have made my home a bit of a "Disneyland". Rather than go out for entertainment, I have it brought to me. Instead of going out to buy things, I had them brought to me.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Dynamic pricing, often called real-time pricing or price optimization, is a flexible pricing system that's revolutionizing the online retail industry. Long used in the travel sector, it's becoming more common in a range of online retail fields. Take a closer look at how it works in the apparel industry and the benefits dynamic pricing can bring to your business.
Everyone makes dynamic risk assessments each day, no matter your role or experience, whether you’re at work or at home. In fact, risk is anything that has the potential to cause harm – and for businesses it’s your bottom line that can take the hit. In logistics, without robust risk management procedures your supply chain could falter then fail when the unexpected happens.
In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Adding digital functionality will increase customer satisfaction, streamline operations and improve efficiencies. Businesses are demanding the features found in most business-to-consumer (B2C) technologies, which allows them to easily search for products, compare features, shop for barg
Freightos Freight Index Update. March 13-19 2017 (W11). By Noam Fraenkel, VP Data & Analytics, Freightos. Before you dive in, we just wanted to let you know that you can now download charts or data directly from the index. Head over now to check it out or learn more here. . China-US Ocean Freight Trends. 40′ container rates for China – US West Coast and China – US East Coast are still easing.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Apparently, US manufacturing needs a ‘messiah’. Industry 4.0 and services are being touted as potential ‘saviors’, but hold your horses, why is there this perception that manufacturing in the USA needs rescuing? It’s time to get to the crux of this…. It’s a sad statement to have to make, but US manufacturers are often their own worst enemy, with many industry insiders ‘attacking’ manufacturing in the USA rather than championing this valuable sector.
Goes to show, I should never take a break from blogging. "While I was out", the inventory to sales ratio in the economy has made a very nice move. While not even close to the post recession area it is starting to move down which indicates the bleeding off of inventory has begun. Of course, for transportation to tighten, and rates to go up, this will need to tighten some more.
In January, 2017, Tesco UK signed a contract with the Transporeon Group for its retail division, Mercareon, to implement a cloud-based software-as-a-service solution for managing inbound logistics flows at all Tesco UK Distribution Centers. As well as improving inbound goods handling processes at 35 Tesco facilities across the UK, this time slot management solution will provide greater transport visibility and enable Tesco UK to more easily and cost-effectively assign transport orders to a close
Managing logistics in the apparel industry is predictable only in its unpredictability. When viral social media posts and celebrities' snap decisions determine the trends, it's nearly impossible to anticipate when a sudden surge in demand may occur. Fortunately, online tools and smart third-party logistics solutions have made it easier to keep up, even with the breakneck pace of today's seasonal fashion trends.
The global trade landscape is shifting. If President Trump’s proposed tariffs come into effect, they will impact your logistics in significant ways. Our free guide provides essential insights for consumer brands and manufacturers. It is crucial to understand what these challenges mean for your logistics operations, and more importantly, how to prepare.
A few weeks ago on Talking Logistics, I spoke with Frank McGuigan, President and Chief Operating Officer at Transplace , about a variety of transportation trends, including the emergence of Uber as a logistics service provider. Uber officially launched UberFreight right after Christmas last year, but there still isn’t much information on the homepage, other than its creative tagline with its double meaning: “We’re in for the long haul.”.
Lessons from CMA CGM, Maersk and K+N on Transparency and Digitalization. Report from TPM Long Beach. By Zvi Schreiber, CEO, Freightos. “You cannot afford in this day and age not to go digital…digital will become the name of the game”. A version of this article appeared in the Journal of Commerce on March 4th, 2017. That quote above isn’t fear, gloom, doom or a startup trying to scare the industry into buying a software solution.
Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates.
Three things to know about the Schneider ( SNDR ) IPO ( JSonline ): The family remains firmly in control - in fact the company will still be considered a "closely held" company. Family will net about $230M $359M to the company of which roughly half is used to pay down debt and 1/2 to buy chassis.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.
When it comes to warehouse setups, having the proper equipment and software is the difference between success and massive failure. This has been seen throughout the ages as innovations have been used to increase production while reducing costs. Here are some of the most infamous warehouse failures. Getting Too Big for Your Britches. Have you heard of Webvan?
Our hearts and prayers go out to the people of London following this week’s terrorist attack. So sad, so senseless. May the days ahead be filled with peace and healing, for all the injured and mourning, and for all of us. Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). eBay to Roll Out Guaranteed Delivery for 20 Million Items.
Freightos Raises $25 Million Round, led by GE Ventures, to Expand Marketplace. Press Release. Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. (March 29, 2017) – Freightos ®, the logistics technology company bringing freight online, today announced the completion of a $25 million Series B extension round, led by GE Ventures , with participation by additional investo
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.
As Maurice Conti has said in one of his presentations , we have arrived to the augmented era, in which Artificial Intelligence in manufacturing gains a new role. Until now all our tools were passive: we told them what to do and they did it. But the future holds a new era where artificial intelligence in manufacturing will come up with its own designs, its own ideas, its own products.
Archives If you’re new to importing goods via ocean freight, you probably have a lot of questions. As international freight forwarders , we get a lot of questions from importers who are interested in bringing in their goods by ocean freight. Here are the 10 most common questions we hear (and answers) about shipping via ocean : 1. How long does it take to receive my cargo?
Even with its role in the global auto industry losing its luster in recent years, Michigan has rapidly transitioned to growth in the mobility sector. Through various programs and initiatives, Michigan is working to play a crucial role in the automation of driving, certain to rock every corner of the economy over the next few decades. Organizations such as the University of Michigan’s Mobility Transformation Center, the Michigan Department of Transportation, Business Leaders for Michigan, the Ame
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