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We have heard of crowd sourcing when it comes to many areas and specifically, mostly, in IT work. Essentially you allow the "crowd" to do the work for you and a lot of times it is free. Think "open-source" type work. Everyone donates, everyone helps and everyone can become a worker for your entity. Another big area where this is popular is in crowd source funding where just about everyone can be a mini bank and provide micro loans to entrepreneurs.
'EVANS DISTRIBUTION SYSTEMS NAMED TOP 10 3PL BY GLOBAL TRADE MAGAZINE by Derek Byrd – Marketing and Inside Sales Manager, Evans Distribution Systems The November/December issue of Global Trade Magazine recognizes leaders in Third... The post Evans Named Top 3PL by Global Trade Magazine appeared first on 3PL Insights - Warehousing, Transportation, and Logistics.
Every week in the news, we are bombarded with more economic statistics. One week, the unemployment percentage looks favorable. The following week, more people are filing for unemployment claims than was anticipated. One month the manufacturing index signaling growth ticks upwards; the next month it dips downwards.
'Welcome to April. One quarter down, three to go in 2013. It was a relatively quiet week for news, so let’s get to the items that caught my attention. JDA Software Announces Release of JDA eight Roadnet Technologies Releases MobileCast On Track for Management of Mobile Workforce Employees CEVA Group plc Announces Preliminary Unaudited Results […].
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.
As your small business begins to grow, you may find yourself in need of more space to store and produce your product, and while your office may be a great starting point, a warehouse can provide you with the space you need to produce your products more effectively, and on a grander scale. Here are just a couple of the main benefits of our warehouses for your company!
2012 MAZARS FOOD & BEVERAGE FORUM Food & Beverage The Mazars Food & Beverage Forum is celebrating its 10th year… The post 2012 Mazars Food & Beverage Forum appeared first on Insights Center - Mazars - United States.
2012 MAZARS FOOD & BEVERAGE FORUM Food & Beverage The Mazars Food & Beverage Forum is celebrating its 10th year… The post 2012 Mazars Food & Beverage Forum appeared first on Insights Center - Mazars - United States.
I have read a lot about " control towers " and " big data " lately as I am sure many of you have. This has led me to ask myself, "What will I do with all that data"? More so, I also ask myself, "does more data really result in better decisions or does it get in the way - create so much "noise" that I cannot even see what is really going on"? In previous times we would ask ourselves if we could see the forest through the trees?
The March Cass Freight Index is out and while freight showed a marked increase in march ( 5.8% Feb to Mar and 4.2% YoY) the expenditure increase can almost totally be attributed to the increase in freight - meaning rates are staying fairly steady. What this does not show is things soften in the first week of April, which I fully expect to see in this month's report.
I have talked for years in speeches and in advising companies that the supply chain will become the competitive advantage for those trying to move products to market. Especially if you are a retailer, you compete on supply chain in a major way. In a blog post recently, titled Execution IS a Strategy I also talked about how great execution, more and more, differentiates the different retailers.
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
I have talked a lot about " Final Mile " logistics especially since so many are trying to compete in this area. From next day delivery to same day delivery to " crowd sourcing " delivery just about every retailer is trying to get an advantage over the other through a more efficient final mile delivery network. However, 90% of shopping is still done in retail stores and the final 3 feet are the most important part of the execution of in store logistics.
I have been talking a lot at various events recently on the value of Sales and Operations Planning to the logistician and specifically to those managing transportation. I have found many so called "great" S&OP processes stop at the end of the factory and just assume unlimited capacity and capability from the distribution arm of the supply chain.
Last week some industry publications published a letter from the CEO of Trendset, a freight payment company located in South Carolina. In this letter the CEO alerted customers to an internal embezzlement by a senior executive. While the amount which has been embezzled is yet to be determined, there is speculation that it could involve many millions of dollars.
How often do you run around all day, busier than you’ve ever been, without a moment’s rest only to look back in the evening and think, "what did I actually get done today?". Surprisingly, this is incredibly common. Because women in general are apt to multitasking and mixing all the aspects of our lives into one task list, we feel as if we’re constantly busy but can’t quite quantify that work we do.
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
Don't want to be a "debbie downer" here but I came across this article in Logistics Management Magazine titled: Economic Gains are Sometimes More of a Concept Than Reality. I tend to agree with the author on this one and said as much in my Macroeconomic Monday post last week.
This is a topic near and dear to logisticians and the overall energy strategy for the United States which then translates into what supply chains can expect for energy policy. You cannot pick up a magazine, newspaper or watch a news show without the discussion of "energy independence" and how wonderful that will be / is for the United States. And it is precisely that popularity which causes me to seek out other opinions.
Last year at the CSCMP Annual Global Conference I had the pleasure of randomly sitting down with a person I had never met before and his name was Jock Menzies. I was immediately fascinated as he told me of his organization, American Logistics Aid Network (ALAN). He told me his story of how he set out to complete reform the logistics and and supply chain of how disaster relief is executed.
For those reading this today, Saturday, I normally write this on Saturday then post on Monday. But, I figured if you want to read on Saturday why not? However, the name remains the same. So, last week was an incredible week for economic news and the stock market. I remind everyone who may think the financial sky is falling that the S&P is still up close to 18% this year so I would not fret too much (Unless you are a late comer to the party then you may wonder what happened).
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.
Tesla Motors' Supply Chain VP to Speak at CSCMP Annual Global Conference; Closing Session to Focus on Personal Development A great development and looking forward to this fantastic discussion. How to design and make a supply chain from scratch!
Reporting this morning, Wal-Mart is describing slow sales , and it has guided the street lower for the remainder part of the year. This is not good news but not unexpected for my readers. Until unemployment gets to 6% or lower you can expect to see a slow tough slog on consumer goods and that will deflate the demand for trucks. If you have to continue to look at one economic number which ultimately will drive the demand for transportation, look at unemployment.
I am deep into reading Signal and The Noise by Nate Silver - This is the guy who almost perfectly predicted the outcome of the last election, state by state, while virtually all of the talking heads and big public polling houses go tit all wrong. I have not finished the book yet but so far it is a fascinating read. So, why discuss this on a transportation, logistics and supply chain blog?
Many companies have sustainability offices or offices for Corporate Social Responsibility (CSR) and because of this many logistics and supply chain managers acquiesce their obligation to sustainability to these offices. The offices do not have the staff to really do the job at the execution level (they are great at setting high level goals and making press releases) and therefore much of a company's sustainability program is thrown over the wall to external "validating" agencies.
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
The company says this is to help finance the previously announced acquisition of 3PD. As I said in a previous post, this acquisition seems to be more about taking 3PD public than synergies. I don't pretend to be a financial genius but I am always suspect of selling part of a company and diluting earnings to current shareholders. Seems like if you really believe in the pro-forma you would want to keep as much as you can for yourself.
Today it was reported that virtually all of the provisions in the hours of service (HOS) rule-making were upheld in court (again). We should now be able to just get on with life, stop enriching the lawyers, and start planning our supply chains better.
This week the first look at Q2 GDP came in and the number was 1.7%. Headlines were anywhere from " GDP Crushes Expectations " (Set the bar low) to " GDP Hardly Booming but no swoon in sight ". The key factor for which headline you believe is what were your expectations to start with? Personally, I am in the camp that regardless, 1.7% is very anemic growth rate, it will not solve our unemployment problem and it will keep our economy somewhat mired for a long time.
We all know there is a conflict - a push / pull relationship if you will - between delivering current results and looking out to the long term. The story goes that the short term are the "table stakes" meaning you have to deliver those in order to earn the right to think long term. This makes sense. After all, you would not want your company to go out of business in the short term just to ensure some long term plan is in place.
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.
I continue to follow this company closely as should anyone in the brokerage and now final mile business (see acquisition of 3PD). However, I am also fascinated at how much money can be lost in the quest to make money. I really question whether this is in the best long term interests of the company as they lost $1.00 per share or $18M dollars versus Q2 of last year when they lost $5.9M or.54 cents per share.
I found something very intriguing for shippers in the JB Hunt earnings release and it had to do with the ICS (Integrated Capacity Solutions) earnings. Essentially, the group is a broker so they act a lot like an actual shipper. They have loads and they go to the open market to procure those loads. Here is what the results say: Revenue - $132M up 20% Operating Income - $4.2M up 113% That is telling as the OI is increasing at a dramatic pace over the revenue.
Back in November of 2012 I reported on XPO Logistics and their "insane" growth pattern. The company, and its CEO Bradley Jacobs, seem to have no lack of money or desire to expand and acquire. In that post I said you should watch this company and time will tell. Today supported my claim I made back in November in a big way. They have purchased one of the premier home delivery or "final mile" companies in the Country - 3PD.
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