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When discussing warehouse statistics many key performance indicators are mentioned. Stock movement, order duration times, utilization of equipment and personnel, error rates and many more. So what are the most important figures needed to run a warehouse? Depending on the warehouse design and complexity there are at least a hand full of statistics that any manager needs.
Last Friday, in my weekly news roundup, I mentioned that A.P. Moller Maersk A/S, the world’s largest containership operator by capacity, is studying deploying drones aboard its giant vessels and at its port operations around the world. The driving factor here is to cut the cost of supplying ships at sea. This piece of news got me thinking a lot about some of the other drone news we have covered at Logistics Viewpoints, and I […].
It’s no mystery that some of the world’s largest retail chains are struggling to survive. Walmart is closing a record number of stores (269) in the U.S. and abroad this year. Trusted names like Sears, J.C. Penny, and Gap have also lost their momentum. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy.
Is your company finding it difficult to increase productivity of your transport assets? If so, you might find this brief post of value. I thought I’d share a couple of ways in which a little IT investment might just help you to make inroads into better fleet utilisation and productivity. Stop With the Manual Resource Planning. This first tip for improving productivity of transport assets takes on greater importance if your company runs a route-trade operation or operates a very large truck fleet
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.
Want to know the future? In 2012, The Economist assessed the impact that technology developments will have had on business by 2020, surveying and interviewing global technology and business leaders. At the time, the predictions seemed unreal. But 2016 marks the halfway point and it seems that the predictions were on the mark. These particular conclusions (slightly paraphrased here) should sound familiar to business leaders in the logistics industry: Few industries will remain untouched by disrup
WFP/Photolibrary. Sana’a – Humanitarian access is a critical component to supporting the millions of Yemenis in dire need of assistance. The nature of the conflict has significantly impacted the prevailing security on the ground, making roads impassable and requiring aid workers to find alternative ways to reach those in need with essential food , medicines and other relief items.
WFP/Photolibrary. Sana’a – Humanitarian access is a critical component to supporting the millions of Yemenis in dire need of assistance. The nature of the conflict has significantly impacted the prevailing security on the ground, making roads impassable and requiring aid workers to find alternative ways to reach those in need with essential food , medicines and other relief items.
Do you ever watch Undercover Boss? Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company. One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger.
The devaluation of the Mexican peso over the past two years has been rather extreme. Two years ago, one U.S. dollar was worth about 13.5 pesos, and today it’s worth about 18. As a result of this severe drop in value, U.S. goods have become very expensive for Mexicans, and Mexican goods have become cheap for Americans. In fact, many markets across the globe have become cheaper as the dollar has gotten stronger – making […].
It’s no mystery that some of the world’s largest retail chains are struggling to survive. Walmart is closing a record number of stores (269) in the U.S. and abroad this year. Trusted names like Sears, J.C. Penney, and Gap have also lost their momentum. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy.
The world of retail has never seen the degree of change that’s being experienced today. Through the rapid growth of digital technology, consumers have acquired the power to demand what they want, not only when, but where they want it. Retailers have little choice but to respond, often without the luxury of breathing space in […].
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
Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualizati
Keeping up with the latest trends is essential to success in the clothing industry. To beat your competitors, you'll need to learn how to use social media, fast fashion, and the supply chain to your advantage. The Increasing Importance of Social Media. Research from the Pew Internet Project shows 74 percent of Internet users also use social media sites such as Facebook, Twitter, and Instagram.
Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. However, actual investments could easily exceed these expectations. The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things.
When companies increase focus and concentration on core capabilities to improve their service offerings and increase shareholder value, divestitures can often result. A major transition that impacts all areas of a business, including supply chain reliability and efficiency, divestitures have the potential to be positive or negative. You decide. While restructuring assets of a business portfolio can help sharpen strategic focus for large companies, divestitures also create challenges for supply c
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
I found the articles recently about Amazon suing a supply chain executive fascinating. To recap, a top executive (although not the very top) of Amazon was hired by Target to bring life into their supply chain - specifically e-commerce and the Omni-Channel portion. Amazon is suing saying he is violating a 18 month non compete clause and saying he will cause harm to Amazon by bringing supply chain "secrets" with him. 20 years ago no one would have thought anything about supply chain was so secret
If you’re looking for ways to improve productivity in your company’s supply chain, the answers will probably lie in the way people, assets and technology —the three pillars of productivity—are managed. Just like many supporting structures, the three pillars of supply chain productivity, are separate but interdependent entities. If any of the three pillars lack strength, sub-optimal productivity is only to be expected.
Hellmann Worldwide Logistics Pioneers Automation with Freightos AcceleRate™ Rollout. Freightos rate management tapped to improve online freight quoting, operational efficiency and data quality. Osnabrueck, Germany – Hellmann Worldwide Logistics, one of the world’s top logistics service providers, today announced that it is completing a global rollout of the Freightos AcceleRate rate management and auto-quote system to further increase value for customers and improve operational efficiency
Many companies experience seasonal fluctuations that can make them extremely busy during some months and very slow during others. If your store sells clothing, for instance, it probably experiences a rush between Thanksgiving and Christmas. A period of relative inactivity will generally follow that rush, as customers no longer want to spend much money.
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.
Editor's Note : This is a guest blog from Valco Valley Tool & Die , a complete metal parts manufacturing house with a proud history of quality products, service and performance. Like Valco Valley Tool & Die, we are ardent readers of the manufacturing industry and blogosphere. Many of the folks listed below are companies and twitter accounts we interact with daily.
The most important reason to go with a cloud solution is that is has a better total cost of ownership (TCO). These savings are driven by faster implementations, easier upgrades, better system longevity, and lower IT costs. Traditionally these advantages applied to public clouds, increasingly they now apply to private cloud solutions as well.
Supply chains everywhere are under immense pressure. Driven by globalisation and customers whose power to dictate to suppliers is ever greater, supply chains in every sector and niche are becoming more complex and subject to greater degrees of risk and volatility. At the same time, technology is advancing apace and offering opportunities for innovation which […].
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
Five Key Takeaways From TPM 2016. For shippers, carriers and logistics providers, the JOC ’s TPM (Trans-Pacific Maritime Conference) is one of the must-attends on the annual events calendar. I caught up with one of Freightos’ delegates after the conference and scoured through the presentation material for insights. So if you too missed out … Photo via JOC. 1.
Third-party logistics (3PL) have become an essential element for companies to manage their supply chains efficiently. In recent years, though, it has become obvious that companies of all sizes need an even more strategic approach to supply chain management. By choosing strategically embedded 3PL services, you can ensure your organization uses the most efficient supply chain possible while adjusting to disruptions that could otherwise create serious problems.
In February 2016, Good Morning America brought virtual reality experiences to the masses as everyone went with “GMA on Safari,” reports Fortune magazine (video below). This safari took viewers with smartphones and a cardboard cutout into a 360-degree experience, representing the startling shift towards virtual reality applications in everyday life. However, virtual reality hasn’t always been as accessible, and actual virtual reality is slightly different than GMA’s experience.
Negotiating truckload rates has always been a key element to transportation relationships and budgeting—and it always will be. But lately, I’ve seen what feels like a trend: corporate procurement leaders either assuming control of truckload negotiations or partnering with transportation teams to conduct negotiations. Procurement professionals may not have transportation operations experience, so they may not realize that employing certain strategies can produce far better results during negotiat
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.
All too often, food and beverage companies do not analyze customer and product profitability. It is one of the most… The post Customer and Product Profitability Analysis – A Must!! appeared first on Insights Center - Mazars - United States.
We are pleased that the Singapore Workforce Development Agency (WDA) has renewed the enhanced funding for the Specialist Training Programme namely Advanced Diploma in Supply Chain Management, Diploma in International Freight Management and Diploma in Integrated Logistics Management. Do take the golden opportunity to upgrade yourself through these programmes that are industry relevant.
Rob O’Byrne talks with one of Logistics Bureau’s warehouse experts, John Monck, about warehouse slotting. Rob: Is it time to slot your warehouse? Hi, this is Rob O’Byrne from Logistics Bureau and with me today, we’ve got John Monck. Welcome John, John is one of our warehousing experts and an expert on slotting. So the first question, the obvious question John is , What is Slotting?
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