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
Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Use case 3: Strategic response (long-term resilience). ” – Tweet this.
How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation.
Hosted by BlueGrace’s own Brian Blalock , along with Carly Bly , Vice President of LTL and Carrier Relations, and Jason Lockard , Vice President of Managed Logistics, this discussion offers a deep dive into current trends, market dynamics, and strategies for enhancing your LTL experience. Do you have more questions about this topic?
Look at these 7 supply chain trends as a guide to better your supply chain today. In this article, Professor Burcu Keskin from University of Alabama will share 7 supply chain trends that working professionals should watch. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 4) Management of Complexity.
An automotive company I collaborated with conducted detailed modeling of potential tariff impacts on semiconductor supply chains. By leveraging integrated scenario planning (ISP) tools, procurement teams can model potential disruptions and develop contingency plans in advance.
This underscores the importance of staying attuned to current events and seasonal trends to anticipate and respond to fluctuations in retail demand in real time. Utilizing advanced analytics and forecasting models can help identify patterns, seasonality, and emerging trends.
As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?
How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains.
Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Use case 3: Strategic response (long-term resilience). ” – Tweet this.
How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.
What strategies can businesses employ to optimize these costs, enabling them to streamline operations and enhance efficiency? By analyzing historical trends, demand patterns, and performance metrics, businesses can make informed decisions to optimize inventory levels, minimize excess stock, and enhance resource utilization.
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. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights.
Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model. Here’s some key highlights from the Q3 2023 LCI: Anticipated revenue maintains a positive trend. Inventory optimization. Agile operations.
By the 1960s, a clear trend had developed in shifting more time-dependent freight transportation to truck rather than rail. Academic research and education followed this trend to satisfy the growing industry recognition of the needs in this area. History of Supply Chain Management: Logistics Comes of Age.
Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. <br>- Optimize transportation routes for reduced carbon footprint.
Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. This is where AI can make all the difference.
It brings together a long list of trends, enabling technologies, business frameworks and competencies that should be in your consideration set. Given the many step changes in data and processing capability, we now have the ability to move towards a far more dynamic cost-to-serve model. Only Prescriptive Analytics can do this.
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. As with most trends we all have read over the last few years, the focus was on technology. Supply Chain Trends 2016: 5 Additional More Areas of Focus. We listed the first 7.
Our goal is to stay abreast and keep readers abreast of all the latest trends which affect the manufacturing industry. . Rapid prototyping is a group of techniques used to quickly fabricate a scale model of a physical part or assembly using three-dimensional computer aided design (CAD) data.
Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. The benefit will outweigh the effort.
The lean manufacturing revolution of the 1970s, the outsourcing trend of the 1990s and the automation of the 2000s set the stage for the digital transformation we are seeing today. The 52 percent who aren't ready will soon be playing catch-up to companies on the cutting edge of these trends. Industry 4.0
The importance of machine learning and intelligence combined with human touch for optimized decision making. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Predictive analytics allows for simulation testing and provides an opportunity to optimize plans.
The latest industry-pricing trend, dimensional weight pricing, or often referred as “DIM Pricing,” calls for LTL freight cost calculations using pounds per cubic foot of space occupied on the truck. Under this new pricing model, LTL freight classes will be determined by weight and space occupied on the truck. 29 and Jan.
These branches also have characteristic trends. The cloud-based logistics is a “pay-per-use” model. A new communication model that is in place with the cloud solution saves time and reduces costs on phone and e-mail information processing. A Better Communication Model. A Better Scope Management.
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.
Yet, more bulky items are moving from traditional retail to consumer direct shipping models, and consumers want speed and visibility in every stage. . Better route optimization technologies can also help reduce woes over last mile capacity, while cutting last mile costs. . Capacity reflects another problem in last mile delivery.
as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0
Averting this outcome depends upon business leaders and government policymakers to actually implement measures to reverse the present trend. This is good news for companies that have configured shared workspaces and information systems by this functional model. The primary reasons for the growing problem in the U.S.
In addition to the Houthi threat to Red Sea traffic – which he thinks could persist even after an end to the Israel-Hamas war – he listed tensions in the South China Sea, as well as a general trend toward protectionism at the expense of the type of globalism most have gotten used to as possible threats to global trade’s status quo.
Modern shipping companies have cited visibility as one of their top priorities for optimizing the supply chain. Consider Differing Fulfillment Models. Furthermore, this will help reduce delays from issues in one type of fulfillment model. However, visibility is commonly misconstrued as simply order tracking.
We never want to take for granted that although this subject is one of the hottest trends looking to transform the world the way the internet did that everyone understands what is the Hyperconnected Era of “The Internet of Things.” What is the Hyperconnected Era or “The Internet of Things?”
Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. The benefit will outweigh the effort.
The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. Read the full article here. .
Here are the new trends in technologies that continue to impact fleet management practices: Autonomous vehicles : I am sure you have already seen autonomous vehicles used in military applications or niche logistics. This data helps in identifying areas for improvement, optimizing operations, and making data-driven decisions.
In today's highly competitive marketplace, it’s imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Here are just a few ways to integrate modern supply chain technology applications into your business model and improve your supply chain management.
To unravel the story behind this growth and its complexities, Albert Koto, Head of Mitra supply chain at Bukalapak, one of the biggest e-commerce businesses in Indonesia, got in conversation with Malay Shah, Senior Vice President of India, Middle East, Rest of the World, and Southeast Asia operations in this Locus’ In-Focus webinar series. .
How Logistics Powers Super Bowl Food Favorites Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - February 6, 2024 What’s a Super Bowl Sunday party without the quintessential foods that accompany it? However, during the Super Bowl, this model is put to the test.
Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. This model, I like to call an "embedded 3PL relationship." 3 Logistics Technology Trends in 2016: Automation Leads the Way.
Optimize for your needs. Optimize for Your Needs First . Then there are ways to whittle it down and optimize for that. Logistic partners work with other shippers across many industries, and they’re equipped to help with economic modeling for the coming year. Case Study. Adam Blankenship. Evaluating your carriers.
I recently participated in a webinar to discuss the changes in retailer expectations and how companies can successfully navigate retail compliance programs. Today’s consumers expect fast response to trends. Implement modal optimization strategies – Choose providers who can find the right mode for the inventory. Lead times.
5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs. Register For The Webinar. Modeling : Simulate “What if” cost savings and validate transportation strategies and cost impacts. The cost of free shipping is eating into your margins.
Last year, the technology trends in logistics seemed straightforward, and many of our technology predictions came true. However, predictive analytics and value-added services are being poured into TMS models, and supply chain executives have taken notice. So, the trend toward robotics in logistics is far from over. .
Carriers and shippers had to focus on compliance with regulations, optimizing existing and new resources and dealing with the trucking driver shortage. These trends held true throughout the year and led to innovative solutions, including greater emphasis on new technologies and software applications.
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