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Bill Catania and Joe Lynch discuss OneRail’s winning strategy for final mile. graduate of Cornell University, Catania studied Applied Economics and Political Science, and was a Cornell Tradition Fellow. This people-plus-platform approach features a 24/7 USA-based exceptions team who maintain a 98% on-time delivery rate.
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models.
Global Logistics Trends 2025 Navigating Key Logistics Trends for High-Value Importers Sourcing from China and Beyond Listen to Our Analysis Your browser does not support the audio element. Let's dive into the trends shaping your import strategy in 2025. Don't let 2025 catch you off guard.
By seamlessly integrating data from multiple sources across branches and business functions, organizations can eliminate data silos , ensure consistent and reliable information, and gain real-time visibility into operations. Missed opportunities: Businesses cant identify patterns or optimize strategies without cross-branch insights.
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Companies can lower the risk of disruptions by shortening the supply chain and moving manufacturing close to the points of sale to reduce the need for expensive and time-consuming transportation. Supply chain trends to watch out for in 2023. How to reduce risk. How reshoring can help with disruptions.
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. Let’s look at five proven strategies that can help you create a more resilient supply chain.
Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.
You can cut costs without cutting corners. According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible. The good news?
Global Logistics Trends 2025 Navigating Key Logistics Trends for High-Value Importers Sourcing from China and Beyond Listen to Our Analysis Your browser does not support the audio element. Let’s dive into the trends shaping your import strategy in 2025. Don’t let 2025 catch you off guard.
The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions. The workforce is the biggest operational expense for many businesses, with social and insurance charges in addition to employee salaries.
The last mile of delivery is often the most unpredictable and expensive part of the supply chain. In fact, studies show that last-mile logistics can account for up to 30% of overall transportation costs. This segment is crucial because it has a direct impact on customer satisfaction and loyalty.
We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. This proactive approach reduces the reliance on intensive control measures, allowing for more efficient pest management strategies.
With costs rising recently, it’s easy to see why the challenge for many companies has been to reduce their transportation costs. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. STEPS TO REDUCE TRANSPORTATION COSTS. CUT YOUR MANUAL PROCESSES.
We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. In 2024, we expect to see more brands moving from a multichannel strategy to create an omnichannel experience for their customers.
By creating a cost matrix that displays transport expenses between suppliers, warehouses, and customers, businesses can identify the most cost-effective routes. Analyzing them helps businesses optimize their supply chain networks, improving efficiency and reducing costs.
Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.
By leveraging these technologies, businesses can optimize operations, reduce costs, and make smarter, data-driven decisions. By learning from past trends, businesses can minimize stockouts and overstocking, ensuring a more agile and responsive supply chain. In case you missed it!
A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Just one hour of idling per day over a year equals 64,000 miles of engine wear , resulting in additional annual maintenance expenses of up to $9,472 per truck.
Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.
Bucking this trend is a daunting proposition and even those large volume shippers that are already embracing powerful logistics IT solutions to more efficiently manage spend, like transportation management systems (TMS), fleet tools, optimizers and others, are still frequently overpaying greatly for spot moves.
According to a research study from Forrester, EDI continues to prove its worth as an electronic message data format. Errors due to illegible faxes, lost orders or incorrectly taken phone orders are eliminated, saving your staff valuable time from handling data disputes with carriers. for an order processed using EDI.
It is our mission to provide education around transportation management, trends in transportation, pertinent regulation changes and impacts on transportation, and anything related to trucking and carriers. Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.
View the Full Case Study. Nussbaum has built a reputation for moving expensive, high-volume products, including furniture, appliances and equipment parts. Nussbaum Transportation Services adds value throughout its enterprise and uses data proactively to manage pricing strategies. View the Full Case Study. Tyler Dietrich.
As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. This may happen if someone with purchasing authority neglects to submit expenses properly.
In this article, we show you the biggest warehouse automation trends in 2021 that could change your warehouse operations. For each of the trends, you’ll learn: What it is and how it works. 11 Warehouse Automation Technology Trends. Physical automation refers to the use of physical equipment to eliminate or reduce physical labor.
As manufacturers strive to reduce costs while increasing speed, the process of procuring materials, making products, and moving them where they need to be is more complex than ever. This may happen if someone with purchasing authority neglects to submit expenses properly.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Turney Thompson, vice president, Kenco Transportation Management.
You can cut costs without cutting corners. According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible. The good news?
Operations Research began when scientists demonstrated the value of analytics in the study of military logistics problems in the 1940s as a result of the complex requirements of World War II. By the 1960s, a clear trend had developed in shifting more time-dependent freight transportation to truck rather than rail.
Optimized Route Efficiency Route planning software, on average, can reduce travel distance by 10-15%, resulting in significant fuel savings and reducing carbon emissions. Reduced Operational Costs Companies integrating route planning software report a reduction in operational expenses of 15-20%.
Both anecdotal evidence and research studies demonstrate that enterprises leveraging these advanced capabilities have fared much better than other companies during the extreme volatility of the past two years. In a study commissioned by Blue Yonder, it is estimated that a typical $10 billion company can save $14.1 Warehouse Robotics.
When “trams” (coal carts) were in short supply, for example, the “trammers” would horde carts to optimize their team’s performance at the expense of other teams being limited by the number of carts available. The study I am citing here was commissioned to determine why. See a trend here?).
Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1. Skilled labour shortage forces action 2.
The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.
Studies show that 88% of consumers have abandoned online shopping carts due to unsatisfactory delivery terms, and 85% of customers will not shop with a retailer again after a poor delivery experience. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting.
Is it a good idea to reduce working capital in a supply chain? As a result, if you can get paid by your customers before you have to pay your suppliers and reduce inventory to boot , your current assets can be reduced to below your current liabilities. Levers for Reducing Working Capital. Yes, in general.
Generating more leads is a key strategy for increasing revenue, expanding market reach, and establishing a strong reputation in the industry. Digital marketing has emerged as an essential strategy to effectively promote products and services online. Email marketing is an effective pest control lead generation strategy.
With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. As a business owner, keeping an eye on this logistics trend concerning the sustainability and eco-friendliness of your logistics solutions will do you a world of good. Automation and AI for Flexible Logistics Strategies.
Image source: Pixabay | Maximize Your Efficiency: Top 5 Supply Chain Trends to Adopt in 2023 We can all agree that the supply chain is critical to a business’s operational success, right? A study of home delivery consumer opinion demonstrates this low performance.
Take a moment to study the following graphic: It demonstrates how complex selecting the appropriate route for a given shipment can be. Reduced Operational Costs. . Errors in the shipping process, including errors in delivery or pickup can result in necessary expenses to the company. Better Shipping Options. .
In some cases, human intervention and input will be completely eliminated. Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Analysis of Trends and Recommendations. IoT and Machine Functionality.
In response to changing business needs, the global appetite for developing technological skills is slowly increasing at the expense of traditional business skills. Organisations now have the opportunity to reassess their strategy to benefit almost every aspect of their operation. Africa must be concerned with upskilling.
Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. The year 2021 has proved it once again that Tom McCarthy was right.
By aggregating and analyzing information coming from the vehicles, Penske can improve its maintenance offerings to speed service, reduce driver frustration and, if possible, get ahead of breakdowns. That cuts down time spent trying to find the vehicle,” Mlachak said. Road calls are expensive.
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