The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% First of all, the shipping industry today is enormous. Size Matters.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. From Q3 2021 to early 2022, Freightos Air Index China-U.S. From Q3 2021 to early 2022, Freightos Air Index China-U.S.

Cargo 293

Cargo Cost Reduction Strategies Price Reduction Material Savings 293

Talking Logistics

MAY 6, 2022

Read more Above the Fold: Supply Chain Logistics News (May 6, 2022). The post Above the Fold: Supply Chain Logistics News (May 6, 2022) appeared first on Talking Logistics with Adrian Gonzalez. .” – Rick Warren The quote above is especially true for supply chain and logistics professionals.

Supply Chain 246

Supply Chain Logistics Supply and Demand China 246

Talking Logistics

JUNE 17, 2022

Read more Above the Fold: Supply Chain Logistics News (June 17, 2022). The post Above the Fold: Supply Chain Logistics News (June 17, 2022) appeared first on Talking Logistics with Adrian Gonzalez. I finally got to see Midnight Oil last night, my first concert since.

Supply Chain 243

Supply Chain Logistics Supply and Demand Shipping 243

GlobalTranz

FEBRUARY 23, 2022

While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

GlobalTranz

DECEMBER 8, 2021

Market volatility from the ongoing labor shortage on top of increasing consumer demand, rising fuel prices, and port and terminal congestion will continue to challenge supply chains through 2022 and beyond. 10 Freight RFP Components for Success. Introduce your company and your unique shipping needs. Company background.

Freight 226

Freight Network Optimization Software Modeling Logistics Network Optimization Software 226

Freightos

SEPTEMBER 14, 2022

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. View weekly update.

Logistics 156

Logistics Cargo Comparison Freight 156

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 317

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 317

Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.

Manufacturing Procurement 328

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 328

Logistics Viewpoints

JANUARY 12, 2024

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. percent versus in 2022, where 17.6 products on the platform warned it would ship after Christmas. percent versus in 2022, where 17.6 And now on to this week’s logistics news.

Logistics Network Optimization Software 291

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 291

Supply Chain Brain

JUNE 10, 2021

maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs. The top U.S.

Shipping 135

Shipping Freight Transportation Global 135

Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Logistics Viewpoints

DECEMBER 6, 2023

Furthermore, 2022 peaked out with values above 5, indicating extremely high levels of supply chain volatility. Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates.

Predictive Analytics Software 304

Predictive Analytics Software GEP Supply Chain Software Price Reduction 304

The Logistics of Logistics

MARCH 3, 2023

Gary Nemmers , Martyn Verhaegen and Joe Lynch discuss digital freight forwarding – and the importance of a modern, data-driven logistics software platform to optimize every step of the freight forwarding process. Freight forwarding is one of the most difficult services within the logistics industry.

Supply Chain Design Software 187

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Freight 187

Logistics Viewpoints

AUGUST 2, 2023

percent of the nation’s freight by weight. And just how much is that freight weight? billion tons of freight (primary shipments only) was transported by trucks in 2022. million people were employed throughout the economy in jobs that relate to trucking activity in 2022, excluding the self-employed.

Transportation 213

Transportation Expense Reduction Freight Cost Reduction Strategies 213

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. While I like his optimism, I’ll believe it when I see it.

Cost Reduction Strategies 271

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 271

Logistics Viewpoints

FEBRUARY 7, 2024

Too often, warehouses use boxes to ship items that require a lot of additional packaging. Now, companies are turning to the use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. Ocean shipping can play a big role in sustainability and energy transition.

Waste Reduction 297

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 297

ShipBob

JULY 14, 2022

In today’s hyper-connected world, freight forwarding can seem like a lone holdout. While your customers can track their parcels from their smartphones down to the block the delivery truck is on, the best you can hope for is a phone call when the ship leaves port and one when it arrives on the other side of the world.

China 98

China Freight Shipping Modeling 98

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Yes, we have achieved greater normalcy in transportation.

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Freightos

SEPTEMBER 20, 2023

More Resources Home Spy Planes to Shipping Rates: Developing the Next Generation When Nothing Is Really Broken Eytan Buchman September 20, 2023 Unbox your Freight knowledge. Besides how interesting the full three hour podcast was, I had a few other takeaways that will bring us back to freight (but still stay in the air!).

Shipping 156

Shipping eBook Supply Chain Network Software Logistics Network Optimization Software 156

Enterra Insights

NOVEMBER 25, 2022

” Nevertheless, he reports, “For all the talk of a supply chain meltdown, the season brought strong sales, and hefty profits for many despite spiraling freight and supply chain costs, thanks to higher prices and fewer discounts in an inventory-constrained environment.” ” Footnotes. [1] ” Footnotes. [1]

Purchasing Skills 130

Purchasing Skills Procurement Analytics Procurement Solutions Retail 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. 2022 was, undoubtedly, another tough year with many disruptions happening outside the four walls of enterprise – extreme weather, natural disasters blocking access to resources, port or border congestion delaying transit, panic buying artificially inflating demand, suppliers going out of business.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Commercial Invoice – An IOR agent can help you to ensure an accurate valuation of your goods and to prepare your Cost, insurance, and freight (CIF) documents. SYNOPSlS: Your Supply Chain Roadmap IDC’s Predictions for 2022 and Beyond. The World in 2022: What’s on the horizon for supply chains this year?

Singapore 242

Singapore Logistics Network Optimization Software Supply Chain Software Cost Reduction Strategies 242

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. A variety of chips will remain in short supply throughout 2022. Supply Chain Dive).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

APRIL 26, 2022

You can find out on the ship, which are outfitted with three types of solar panels at present. The team behind Energy Observer wants to gain better information for commercial cargo vessels by vastly increasing the size of the ship. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. Timothy Foote.

Supply Chain Design Software 245

Supply Chain Design Software Singapore Analytics Software Logistics Network Optimization Software 245

Logistics Viewpoints

MAY 26, 2023

Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022. Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC).

Negotiating Skills 233

Negotiating Skills Pricing Training Jordan Purchasing Training 233

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase in year-over-year volume. Freight Rates 2019-2021. So, I write this blog with this bias.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

ToolsGroup

JANUARY 6, 2022

Predicting demand was never easy (with or without an astrologer), and, looking ahead, the challenges of global supply chain disruptions continue in 2022. Here are the top five lessons learned from 2021’s supply chain challenges, with tips you can apply to uncover success in 2022. Lesson #5: From Shipping to Stocking, Process Matters.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

The sector took a seat at the table and participated in concrete initiatives, like the two zero (2Zs) emission initiatives, namely the Global MOU for ZE-MHDVs for zero emission new vehicle sales and the Clydebank Declaration for specific zero emission maritime shipping corridors. SYNOPSlS: Unlocking Greater Value in Your Supply Chain.

Waste Reduction 240

Waste Reduction Cost Reduction Strategies Logistics Network Optimization Software Sweden 240

The Logistics of Logistics

DECEMBER 19, 2022

Bill Vitti joined Transflo as President in early 2022, with more than 25 years’ experience in the transportation industry. Bill has experience working on the carrier, shipper, and broker side, as well as in 3PL and freight software, giving him 360-degrees of visibility of the marketplace. About Bill Vitti .

Supply Chain Design Software 223

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Real-time Visibility 223

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. Bill Heaney is the CCO of DB Schenker USA, a 150 year old leading global freight forwarder and 3PL provider. LogiSYM Supply Chain Magazine – August 2022.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

International shipping though is a year round occupation and in the case of many coastal areas around the world – this causes conflict between industry and nature. The same Santa Barbara Channel where I went whale watching is also a primary shipping lane for container and other ships from Asia to reach the West Coast of the U.S.

Case Study 45

Case Study California Study Cost Reduction Strategies 45

Logistics Viewpoints

JANUARY 27, 2023

The retailer has partnered with the Bengaluru-based cargo airline Quikjet to launch its maiden air freight service in the country, which it said will enable the firm to speed up its delivery. India is the third market where Amazon has launched its freight service. Regional shipping companies across the U.S.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Logistics Supply Chain Design Software Supply Chain Planning Software 250

3PL Insights

JANUARY 17, 2022

Small parcel rate increases for 2022 are in effect, with a few more increases and surcharges to take place before the end of the month. Although annual price changes are not a new concept, the ongoing pandemic has driven up costs from shipping service providers. FedEx also announced their rate increases for 2022, averaging 5.9%

Supply Chain Planning Software 97

Supply Chain Planning Software Demand Planning Software Price Reduction Packaging 97

The Logistics of Logistics

SEPTEMBER 6, 2023

Rahmel and his team are excited to bring the “Truck N’ Hustle” experience to the world stage with the commencement of FreightFest 2022 in Houston, TX. Tusk save Shippers 40% or more on small parcel shipping. About Truck N’ Hustle Truck N’ Hustle is the #1 trucking and logistics community in the world. The Greenscreens.ai

Logistics Network Optimization Software 232

Logistics Network Optimization Software Supply Chain Network Software Predictive Analytics Software Negotiating Skills 232