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As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
Nate Skiver is a parcel transportation and ecommerce delivery expert, with 20 years of combined retail and consulting experience. Ecommerce carriers [recent market entrants]: Covers a range of operating models, examples include Pandion, X Delivery, AirTerra, Veho, The FrontDoor Collective. About Nate Skiver.
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). For example, Competitive Weapon companies are 3.4
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.
With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs. Tesla and TuSimple are investing in self-driving truck technology to increase operational efficiency over longer transport routes.
Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place?
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.
Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.
Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December.
But what caught my attention was its use in transportation and why it is so important. Many of us use them only when we are in a new place or lost, but geospatial information is transforming the transportation industry in many ways. The benefits of using GIS in transportation are improved efficiency, safety, and sustainability.
That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Transport Fleet Optimization Fleet optimisation is one of those areas where companies leave money on the table.
Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Private label is becoming an important strategy for retailers. Tecsys’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. . So, what is Costco? A retailer or a producer?
Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Route data: Transportation routes, distances, and transit times. Inventory turnover: Inventory turns for each SKU.
A nuanced understanding of these elements is critical for informed decision-making, thus let’s examine current costs, challenges, and potential strategies and offer a realistic perspective on the possibilities of space freight logistics. The materials and engineering involved in refurbishment reduce costs only incrementally.
Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.
When considering their last mile strategy this peak season, retailers should also take note of the growing interest in the environmental impact of home delivery, especially among younger consumers. By mapping customer delivery personas to the delivery choices they offer, retailers can improve fulfillment certainty to protect margins.
Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates. For example, a supply planning solution may create a model that says a plant can produce 20,000 units of a product in a week. The same disconnect can happen in the warehouse and in transportation.
This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.
Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.
Another example is commuting. Over the years, AI capabilities for prediction, clustering, segmentation, and more have accelerated supply chain strategies, automating daily operations and augmenting data-driven intelligent decision support. The supply chain is no exception. These advancements have revolutionized supply chain planning.
Another key strategy is right-sizing cartons to match the specific dimensions of the products being shipped. This leads us to the idea of Dynamic Slotting , an essential strategy for space optimization. Another key strategy is the implementation of cross-docking. Product slotting is a complex problem.
For example, logistics companies are to employ Level 2 and 3 autonomous vehicles that assist drivers by adjusting speed and steering based on road conditions. For example, logistics companies operating older fleets are faced with upgrading their vehicles to meet the requirements of SAE J3016 standards for automation.
Emergency vehicles, for example, would be exempt, and the California Highway Patrol could authorize the system’s disabling in certain other cases. The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. delaying shipments and raising transportation costs.
In this episode, Joe Lynch sits down with William Sandoval , the Senior Vice President of Product Management and Strategy at PowerFleet Inc. I’m the Senior Vice President of Product Management and Strategy for PowerFleet. I will give you an example of predictive. Customers don’t just want information.
Meanwhile, Walmart has aggressively expanded its marketplace of third-party sellers, following a strategy that has enabled Amazon to offer a mind-boggling range of products on its website. For example, the grocer released its first report on corporate social responsibility efforts last year. And now on to this week’s logistics news.
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