This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. Data intelligence and market insights, reliable support and proprietary technology combine with these solutions to enable smarter supply chain decisions and strategies. Coyote is the trusted global logistics provider that empowers business growth in a rapidly changing world.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. The US is a top destination for foreign direct investment, and ITR Economics analysis suggests this re-onshoring trend is not likely to end in the near term.
manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. For example, China+1 strategies, where companies retain some suppliers in China but also establish relationships in Vietnam, India, or Mexico, can provide flexibility in the face of shifting tariffs.
Brad is the Founder of JBF Consulting , a supply chain execution strategy and systems integrator to logistics-intensive companies of every size and any industry. About JBF Consulting JBF Consulting is a supply chain execution strategy and systems integrator for logistics-intensive companies of every size and any industry.
Without the right strategy, enterprises face hidden risks and unnecessary spend. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game. Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume.
Over that time she has worked with a range of startups, local businesses, and Fortune 500 brands, including TFI International, CFI, Wreaths Across America, Imaginnovate, Fleet Enable, IMC Companies, Core-Mark International/Performance Foods Group, and PalletTrader/Bettaway Logistics. But more importantly, we’re good listeners.
He then co-founded Lean Solutions Group, where he spearheaded two successful liquidity events with private equity and scaled the company to over 10,000 employees across Latin America. As CEO of Smith-Cargo Transportation, he orchestrated a successful exit and sale to a private equity firm. Integration Capabilities: CloneOps.ai
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. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.
Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery. Automation as key for growth.
Understanding their trends is crucial for maximizing marketing ROI and driving business growth. By ranking prospects and customers into ten groups, from least likely to buy to most likely, green industry businesses can pinpoint high-value clients, optimize marketing campaigns and allocate resources more efficiently.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Carrier Pricing Strategies and Contract Freight With regional networks becoming dominant, shippers are securing long-term contracts to stabilize costs.
Join Melissa O’Keefe, Group Director of Product & Innovation for E-commerce at Ryder, as she unveils how businesses of any size can shift supply chain strategies and excel with e-commerce fulfillment. During the webinar, you’ll learn: E-commerce trends and the impacts to your supply chain.
Logistics industry trends have also not been left behind in the move towards a more technological future. . 7 Major Trends Influencing the Logistics Industry in the Future . Emerging, mature and international markets are now part of the growth strategy of a vast number of companies. This is now becoming a global trend.
Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends. Reshoring is expected to be a major driving force and one of the most important of the 2018 manufacturing trends. The concept of reshoring is simple.
The businesses that are able to achieve this will be able to reap the benefits of having access to different perspectives, strategies and process improvements. Jenny Schoenfeld, Chief Operating Officer, ACT Security Group 4. Instead of leaving, I was offered a job in the office.”
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.
Among the key players operating in the global smart & mobile supply chain solutions market is Descartes Systems Group, Inc. In this exclusive interview we speak with Brian Hodgson, SVP Industry Strategy for Descartes, as he shares his “Top Three Trends” currently reshaping supply chains.
Meanwhile, stakeholders do not get to reap the rewards of this new tech trend , and the overall enterprise suffers without realizing it. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. .
Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Regulations are increasing, and watchdog groups can cause irreparable harm with a simple social media post.
To close things out, the group discusses the opening of CLX Logistics’ new Houston office , strategically located in the energy corridor to serve several large chemical companies. Listen Now: < [link] > The post Canadian Logistics: Port Issues & Labor Trends appeared first on CLX Logistics, LLC.
Not surprisingly, some of the trucking trends that move drivers forward will also be those that present new challenges and opportunities for such a vital industry as commercial driving. 2017 Trucking Trends. Finally, a trend that just won’t seem to go away is the current driver shortage. More Industry Interdependence.
ARC Advisory Group engaged in an informative discussion with Derek Gittoes, VP Supply Chain Management Product Strategy at Oracle , as part of ARC’s Digital Supply Chain Forum. Finally, what other notable trends are you seeing in the logistics space? Other Notable Logistics Trends. — Derek H. — Derek H.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Smart Technology. Opportunities for New Markets.
“The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed?” – Steve Banker from a recent Forbes article. Now, not all of these trends are moving at the pace that technology is moving. Why do we include this information?
According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Instead of sending multiple small shipments throughout the week, try to group orders together into larger, more efficient loads. A well-planned carrier selection strategy can reduce costs by an average of 15%.
Here are seven proven strategies every supply chain manager should explore to streamline operations, boost efficiency, and drive profitability. Example: Companies like Costco capitalize on bulk purchasing and shipping strategies, enabling them to pass savings on to their customers. Cost Saving Tips for Every Supply Chain Manager 1.
Analysts and industry groups have warned of truck driver shortages for years, around the globe,” the publication adds. Vox says this proves just how dependent consumers are on the drivers who deliver turkeys to stores or gas to pumps or the Christmas presents you order to your doorsteps. This is also not a new problem.
The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Analytics Driven Procurement Will Take Center Stage as the Key Player in all the Industrial Procurement Trends.
In mid-2015 his employer opened one of the first industry “Innovation Labs” – a loosely structured group with the single purpose to research and test early-stage supply chain innovations.
InForGrowth has added Latest Research Report on Shipping and Logistics Market 2020 Future Growth Opportunities, Development Trends, and Forecast 2026. Robinson, Rhenus, etc. appeared first on 24/7 Customs Broker News.
More Resources Home October 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Sagard NewGen becomes the Group’s majority shareholder alongside the management team and Cathay Capital, who reinvest in the new transaction. This acquisition aligns with recent trends in the SaaS and supply chain sectors, where private equity and investment firms target companies driving digital transformation.
Most shippers currently face a long list of challenges thanks to some well-known trends. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years. and distribution points across a network.
Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how are these two trends mutually beneficial? What are your sustainable delivery strategies?
Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. The best strategy is for companies to devise agile approaches to permanently optimise the use of resources and production capacities. Recruiting strategies change. foreign workers. Cost awareness increases.
Importers will look for near-term strategies to move their shipments away from congested trade lanes or process containers further inland to minimize the impact of lead time variability that has dramatically increased in 2021. Online buying will fuel home delivery growth, challenges and new strategies.
As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. Anticipating Regulatory Changes: The Key to Effective DPP Strategies A crucial part of an effective DPP strategy is anticipating those future regulatory trends. For example, businesses in the U.S.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.
Higher ocean freight costs have forced SMB retailers to adjust their pricing strategies. As businesses adapt to the current landscape, monitoring these trends will be crucial for navigating the evolving international freight market. Half of those affected indicated that the situation has worsened since May.
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. billion in 2019.
In today’s world where major global trade disruptions are more the norm than the exception, organizations are increasingly understanding that they have to assess their international business strategy at least on an annual basis, if not more frequently, in order to strengthen supply chain resilience and propel their global growth momentum.
In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. Nari Viswanathan is Sr. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.
It is a strong buying consideration across all demographics, regardless of geography, age group, gender, and income level. If your brand has 10,000 regular customers a month and 1% of them100 peoplehave a bad experience due to miscommunication, and 75% of that group choose to switch to a competitor, thats 75 lost customers.
Collin Masson, Director of Research at ARC Advisory Group. The company’s acquisition of Fungible, a company that develops data processing units (DPUs) optimized for AI workloads, is another key aspect of its edge AI hardware strategy. Colin heads up ARC’s research into Industrial AI. But there is a larger AI ecosystem.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content