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The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. One visionary, Malcom McLean , features prominently in the industry’s development. But the modern shipping container has changed much more than one industry.
E-commerce and omnichannel solutions are rapidly becoming the next frontier in the use of the Internet of Things and better order fulfillment processes. When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. It opened up doors and gave millions access to products that were never available in local areas, regions, or other countries.
Warehouse Product Slotting – To Slot or Not to Slot? Warehouse Slotting can reduce labour costs by up to 20%! Slotting is a warehouse term that refers to intentionally placing products within the warehouse storage medium to create warehouse efficiencies. Let’s consider what an essential aspect of good warehouse practise, product slotting benefits can achieve.
The TLA Advanced Diploma in Supply Chain Management is now considered as entry to the Master in Supply Chain Management offered by the University of Melbourne. The Master of Supply Chain Management is a Chartered Institute of Procurement and Supply (CIPS) accredited degree. More information from website – mbs.unimelb.edu.au. The post Affiliation with University of Melbourne appeared first on The Logistics Academy.
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.
LeanLogistics held its annual user conference in Chicago, IL last week. I had not attended a Lean conference in the past, so I was excited to see what the conference would be like. In his opening remarks, LeanLogistics Chief Commercial Officer Chris Timmer mentioned that this was the largest conference they had ever put on. Based on the energy and size of the crowd, I certainly believe it.
For those who read this blog regularly, you know a key metric I track regularly is the Inventory to Sales ratio. The reasons I do this are threefold: As a supply chain professional and one who takes pride in our industry I feel this one measurement is a core metric to how the industry is doing. Of course, inventory is built when information is less than optimal and therefore we miss forecasts or we feel the only solution to this problem of lacking information is to build inventory stocks.
For those who read this blog regularly, you know a key metric I track regularly is the Inventory to Sales ratio. The reasons I do this are threefold: As a supply chain professional and one who takes pride in our industry I feel this one measurement is a core metric to how the industry is doing. Of course, inventory is built when information is less than optimal and therefore we miss forecasts or we feel the only solution to this problem of lacking information is to build inventory stocks.
We’re huge fans of innovation in the logistics space. Which is why we’re taking our hats off to SpaceX for delivering 7,000 lbs of cargo to the International Space Station (ISS) this week using a reusable rocket – the Falcon 9. As a result, the launch costs “only” $90 million (of which $200,000 went to fuel). Given that the ISS orbits at about 250 miles, that comes out to about $50,000 mile/ton.
Industry 4.0 is the fourth major revolution in manufacturing in the last four decades. The lean manufacturing revolution of the 1970s, the outsourcing trend of the 1990s and the automation of the 2000s set the stage for the digital transformation we are seeing today. Digital technologies, such as big data, business analytics, augmented reality and 3-D printing, are converging to transform the way manufacturing is done.
I don’t know about you, but when I think about improving warehouse productivity through automation, the images that spring to mind are either of automated management processes which improve workforce productivity, or of fully automated high-bay warehouses with cranes, conveyors and robots operating on a lights-out basis. However, over the last decade, Carlsberg , one of the world’s largest brewing companies, improved warehouse productivity and efficiency at its production and storage facility in
Many companies today take third-party logistics providers (3PLs) for granted. But did you know that this industry didn't fully begin until the 1990s? Before that era, businesses largely operated by building relationships with other companies around the world. This traditional approach, however, wasn't completely efficient. Over the years, 3PLs have changed considerably to meet the needs of the evolving business environment.
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
Prior research by ARC Advisory Group and DC Velocity on omni-channel fulfillment determined that companies expect an average of 40 percent growth in e-commerce sales over the next five years. That research project placed strong emphasis on the use of stores in today’s omni-channel environment. But it also showed that major changes are occurring at DCs as well.
The promise of "pay me now so you don't have to pay me later" continues to be a mirage. With the release of the March CASS reports we saw that pricing actually declined in the truckload sector YoY for the first time since 2010. Intermodal continues to be a problem as well with significant price declines. Intermodal declines were 3% YoY in March and 2.2% in January YoY and 3.8% in February YoY.
Logistics Technology Updates: Q1 2016. Brought to you by Freightos , the Internet marketplace of the trillion dollar international freight industry. Overview | Industry Research | Tech Giants | Logistics | On-Demand | On-Demand Food. The Big Picture. Ongoing investments in the logistics sector continued strong in Q1 2016, following the investment of $1.5 billion in 2015 (up 125% from 2014).
The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.
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
The Key Supply Chain Challenge of Cost Reduction. Supply chain costs often represent a considerable percentage of the sales price of a good or service. Cost savings flow directly to the bottom line. If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales.
Third-party logistics providers (3PLs) play an important role in helping companies acquire merchandise, from manufacturers to their customers. Over the past few decades, larger companies have purchased many of these 3PLs. These consolidations could benefit your company, but they might also create drawbacks that prevent your business from reaching its goals.
I sit tonight, Tuesday, April 5th, writing about MODEX from a public hotel computer. I will fully disclose that I am using a public computer because I spilled coffee on my laptop earlier today. I feel as if I have been accepted into the fraternity of office fools… For those of you unfamiliar with MODEX, it is the sister show to Promat, also hosted by MHI, and similarly focused on material handing and warehouse automation.
Well, another year starts off with the "this is the year for trucking" story and it is starting to look like it is another year where it is going to fizzle. I am traveling a lot this week so it will be tough to get into the details here. Having said that there are clearly two big data points. As the Wall Street Journal pointed out in an article titled " Trucking Stocks Tumble on Downgrade, Pricing Outlook ", the bid season has not gone well for truckers.
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.
e-commerce startups are each unique. Their client bases are different, their locations are different, their products are different, and their business plans are different. However, almost all e-commerce startups encounter the same issue of outsourcing. There comes a point in the process when entrepreneurs have to ask themselves, “should we do this ourselves, or will it be more cost-effective to outsource it?
The benefits to the use of warehouse robots, loading, unloading and delivery are evident. Robots do not sleep. They do not drink. They do not complain, and they do not need a paycheck. Robots are rapidly becoming one of the most prevalent enterprises within the logistics industry. As explained by Steve Banker of Forbes magazine , Amazon has unleashed an army of robots in their distribution centers for the purposes of picking and packaging.
Does the following scenario sound familiar to you? Your company hires a graduate with exemplary credentials, straight out of University. He or she has spent perhaps four to five years gaining a supply chain education, starting even before leaving high school, because he or she is passionate about working in the space. Yet for all the credentials and the theory that flowed like musical notes from the graduate’s mouth at the job applicants’ assessment center, you know the chances of your new hire
Success in today's retail industry relies on an effective warehouse that can keep items in stock for customers to purchase. Unfortunately, many retail businesses don't have warehouses that fully meet their needs. Follow these four tips to make your warehouse more productive, and you can lower your costs and exceed customer expectations in the process.
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
As well as 2015 being the warmest year since records began (in 1850), it was also pretty hot 12 months in the area of business mergers and acquisitions, which hit a new high of $4.3 trillion in deals struck. Specifically in the logistics industry, several so-called mega deals led to a near year-on-year doubling of M&A value to $173 billion, according to data from PwC.
I recently published a posting about the Ascendency of Supply Chain and the proof point I used was Amazon suing Target over "poaching" of supply chain talent. 20 years ago no one cared about hiring someone from supply chain. Now it is seen as "stealing competitive secrets". Well, the good news is the Wall Street Journal has caught on to this and after my post, Loretta Chao wrote her own well written article titled: Supply-Chain Lawsuits Mount Amid Drive For Logistics Talent.
By Walt Heil for Talking Logistics. See full article here. For the last couple of decades transportation management systems have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. But even as more and more businesses get wise to the advantages of a TMS, many large, multi-national corporations have remained on the sidelines, unwilling to believe in the existence of a
Integrating computers into an established manufacturing floor can be costly and time-consuming. Need help and advice? Follow our 5 point checklist for manufacturing floor computer integration. . Making your manufacturing floor computer centric means you’re on the road to futureproofing your manufacturing process. You’ll be joining the ‘Internet of Things’ revolution – the computerization and connectedness of everything.
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.
Much is written about how to improve workforce productivity. Most of what you’ll find when you look around online pertains to the use of information technology. From warehouse management systems to labour management systems; from route planning and scheduling applications to mobility solutions; from collaborative project tools to gamification—the list is endless.
Clothing retailers that use shorter supply chains benefit from several advantages, including lower prices and the ability to respond to trends more quickly. While many third-party logistics (3PL) providers promise that they can offer shorter supply chains, a closer look shows they rely on too many independent businesses that operate without their oversight.
Uber has disrupted the taxi industry. Can anyone copy the Uber model and disrupt the freight market? That question is generating a great deal of discussion among logistics executives with the “last mile” freight market generating the most buzz. Transporting goods long distances can be done far more cost efficiently than the delivery of the last few miles when goods arrive in congested metropolitan areas.
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