Sat.Nov 09, 2024 - Fri.Nov 15, 2024

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line. Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability.

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The Dangers of Doing Nothing in Transportation Management (Or Why You Should Focus on What You Can Control)

Talking Logistics

As many companies are developing their transportation budgets and strategies for the coming year, is your company going to be one that is proactive in driving change and continuous improvement in 2025, or will you take a “let’s wait and see what happens” approach? What strategies are leading companies deploying to decrease transportation costs and. Read more The post The Dangers of Doing Nothing in Transportation Management (Or Why You Should Focus on What You Can Control) appeared first on Talk

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Optimizing the Supply Chain of Working Capital Turnover

Supply Chain Brain

By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.

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Why One-Size-Fits-All Freight Procurement Solutions Fall Short

Shipsta

Discover why generic procurement platforms fall short in freight logistics and explore the benefits of specialized solutions for optimizing efficiency and cost management.

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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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Last-Mile Delivery During Crunch Time

Talking Logistics

Planning for peak season started months ago, but now it’s crunch time. Peak season is stressful for shippers because it can make or break their year. Consumers start thinking about the holidays earlier and earlier every year. Holiday décor is prominently displayed before the last Halloween ghost has vanished. And customer expectations for fast and. Read more The post Last-Mile Delivery During Crunch Time appeared first on Talking Logistics with Adrian Gonzalez.

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How Drone Automation Enhances Staci Americas’ Fulfillment Operations

Amware Logistics and Fulfillment

The most effective third-party logistics (3PL) providers are constantly seeking new ways to improve operational efficiency, reduce costs and maintain high levels of accuracy. Staci Americas has taken a major step forward by integrating the Corvus One system from Corvus Robotics into our fulfillment operations. This drone automation system has revolutionized the way we manage inventory, boost productivity and ensure precision in every cycle count.

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Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

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CDL downgrades begin Nov. 18 for 'prohibited' drivers

Overdrive Online

The second phase of FMCSA's Drug and Alcohol Clearinghouse rule takes effect Nov. 18, which requires states to revoke drivers' CDL privileges if they have a drug or alcohol violation reported to the Clearinghouse.

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Toyota To Invest $500 Million in Joby Aviation

Logistics Viewpoints

Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility.

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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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Above the Fold: Supply Chain Logistics News (November 15, 2024)

Talking Logistics

The mornings are getting colder, which is deadly to car batteries on their last drops of juice, as I found out yesterday morning when I went to start my car. Click, click, click. Dead. Luckily, I had nowhere important to go. I put on my AirPods and walked to the gym instead. If you have. Read more The post Above the Fold: Supply Chain Logistics News (November 15, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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How To Master Black Friday Cyber Monday: Transforming Holiday Shoppers into Loyal Customers

Stord

Black Friday and Cyber Monday (BFCM) have become the centerpiece of many brands’ ecommerce calendar - offering unprecedented opportunities for online retailers to boost sales, attract new customers, and move inventory. According to a survey by the National Retail Federation, retailers can earn approximately 20% of their annual sales during the Black Friday to Christmas shopping period.

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FMCSA's first-ever blitz of its kind aims at scofflaw brokers

Overdrive Online

Brokers' repeated lapses in insurance/bonding and/or authority point the way forward for federal investigators in Operation Protect Your Load, which started last week, centered in 17 states.

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Executives Exploring AI Need to Understand Data Fabrics

Logistics Viewpoints

Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson recently wrote the report “ Industrial-grade AI: Transforming Data into Insights and Outcomes.

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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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The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. If it were only possible, such an adventure would really throw today’s distribution center advances into focus. Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. Is your mind blown yet?

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Port of Long Beach Smashes All-Time Record with October Surge

Supply Chain Brain

Businesses are poised to continue bringing in larger volumes of goods through the end of the year, which is normally a quieter time for the ports.

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Logistics Faces Mixed Outlook for Q1 2025, Index reveals

Blue Grace Logistics

Logistics Faces Mixed Outlook for Q1 2025, Index reveals Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 15, 2024 Jeff Berman | Logistics Management November 15, 2024 The new edition of the BlueGrace Logistics Confidence Index, recently issued by Tampa, Fla.-based, non-asset-based 3PL BlueGrace Logistics, largely stresses caution over the balance of 2024 and into 2025.

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Dexory Secures $80M to Drive Development of Autonomous Robots & Global Expansion

Logistics Viewpoints

Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.

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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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Fluker Transportation acquired by PS Logistics

Commercial Carrier Journal

Fluker, PS Logistics' fourth acquisition this year, will operate under the name of Blair Logistics, a subsidiary of parent company PS Logistics.

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Global Inventory Trends and Challenges Shaping SMBs

Supply Chain Brain

To gain deeper insights into inventory management within this crucial sector, Netstock recently conducted a comprehensive inventory benchmark study focused on SMBs. The report based on the study’s findings highlights five emerging trends that emphasize the urgent need for SMBs to develop more robust inventory management strategies.

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How to Improve Warehouse Layout Efficiency and Save Costs

Logistics Bureau

One element of warehousing that can have a negative impact on supply chain costs is the way in which the space is set out and utilized. How many of the following five inefficiencies do you recognise within your company’s warehouse layout? If you can identify with one or more of them, you’ll find a tip or two here to help remedy the situation and improve warehouse layout efficiency. 5 Ways to Achieve Efficient Warehouse Design: Improve Layout Efficiency & Save Costs!

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Is a Port Strike Back on the Table?: ILA Pauses Negotiations with USMX

MTS Logistics

The International Longshoremen’s Association (ILA) has paused its ongoing contract negotiations with U.S. port workers after what it says is an unfair push to integrate more automation and technology into U.S. ports. Much of the country watched last month as a brief strike of ILA workers went into effect, after talks between them and the U.S. Maritime Alliance (USMX) broke down.

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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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Five champions crowned in Overdrive's Pride & Polish

Overdrive Online

After dozens of entries and hundreds of online votes from Overdrive readers, five champions have been crowned in Overdrive's 2024 Pride & Polish virtual custom-rigs competition.

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What Supply Chain Managers Can Learn from Healthcare

Supply Chain Brain

The complexity of healthcare supply chains offers valuable lessons for other industries, particularly in risk management, compliance, and adaptability.

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Will 2025 be the year we finally Remove Logistics Blind Spots?

Logistics Business Magazine

Yard and facility management have historically been a significant supply chain blind spot, writes Tom Perrone (pictured below), SVP Global Professional Services at project44. Yet, the challenge of moving assets through various warehouses continues to put the delivery of goods at risk. In fact, McKinsey estimates that up to 19% of logistics costs stem from inefficient mid- and last-mile interactions, amounting to an average loss of $95 billion a year.

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5 Biggest Risks in International Logistics and Supply Chain

MTS Logistics

2024 has so far been a year with many potential risks and unknowns. Some of the risks and unknowns noted at the beginning of the year were supply chain delays, inflation, geographical conflicts, elections (India, U.S., Indonesia, South Africa, and Mexico to name a few), protectionism and a potential U.S. East Coast port strike. Out of these, many still remain in place.

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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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Coalition supporting vets in ag careers honored on Veterans Day

Overdrive Online

Farmer Veteran Coalition CEO Jeanette Lombardo's personal story of how, in the midst of the pandemic, she would come to be inspired by and, then, intimately involved in leading an organization with a worthy mission.

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AI and Retail Returns: Can Pixels Solve a Physical Problem?

Supply Chain Brain

Retail returns involve real products and logistics, and as much as artificial intelligence promises to streamline things, it needs one crucial component: physical data.

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The 7 Essential Warehouse Layout Design Principles

Logistics Bureau

Warehouse and distribution centre (DC) design is a fascinating and absorbing topic, but alas, is often misunderstood. Regrettably, few people fully understand the discipline of warehouse design and because of this, literally thousands of facilities are underperforming. To assist designers, I will outline seven key principles applicable to a warehouse or DC design, compiled from a review of literature, discussions with industry specialists and materials handling companies, plus my own design expe