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October 14th – 18th 2024 SupplyChain & Logistics News Yesterday, I landed back in the States from my autumn getaway. Song of the week: The post October 14th- 18th SupplyChain & Logistics News appeared first on Logistics Viewpoints.
October 21st – 24th SupplyChain & Logistics News Round Up This past week, I returned to the Tampa Bay Area to visit family and see the lasting effects of back-to-back hurricanes. From a sustainability and supplychain perspective, this situation is incredibly challenging to comprehend. Nauto and Beans.ai
The core topics ranged from how prepared the world is to power the energy transition, developments in carbon removal, financing new investments, and grappling with supplychains. When both regulations are in effect in 2027, the corporate supplychain within which we currently work will be transformed.
I thought this was a very topical introduction to this week’s SupplyChain and logistics news Canadian Railroad Work Stoppage Threatens U.S Volvo Wins Bid for 300 Electric Trucks from DSV Announced on Thursday, Volvo received an order for 300 electronic trucks from Danish logistic firm DSV.
Three major trends are driving growth in this industry whichcan be attributed to regulatory pressures such as the Uyghur Forced Labor Protection Act, advancements in AI, and supplychain innovations. By 2027, when both the UFLPA and FLR are fully operational, the global supplychain landscape will have transformed significantly.
Autonomous supplychains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supplychains are artificial intelligence (AI), robotics, sensors, and blockchain.
And now on to this week’s logistics news. According to a release from Panasonic, the acquisition brings together Blue Yonder’s end-to-end supplychain software, which uses artificial intelligence, with Panasonic’s autonomous solutions, to form “autonomous enhancement of the whole supplychain.”
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations.
” And now on to this week’s logistics news. Earlier this week, Target said it will spend $100 million to build a larger network of supplychain hubs to speed up and lower the cost of delivering online orders. The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026.
The plant-based meat supplychain is taking advantage of hiccups in traditional food supplychains, especially during the Covid pandemic. billion in 2017 and is expected to surge to over $8 billion by 2026. The Plant-Based Meat SupplyChain. The plant-based meat supplychain is an interesting one.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.
This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supplychain. And now on this week’s logistics news. The early start has added to the challenges of getting the supplychain unclogged. US challenges Canada’s dairy policies.
And now on to this week’s logistics news. The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. to international supply availability,” the New York Fed said.
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supplychainlogistics, compliance requirements, and data integrity. The post Stringent Reporting Regulations Require Data Integrity appeared first on Logistics Viewpoints.
As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. Reverse logistics is difficult and costly. Moving Forward: Reverse Logistics Technology. In the U.S, Who pays the price?
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Logistics automation has been on the uptrend for several years, and COVID-19 has only accelerated this trajectory. The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible.
Trends Transforming Logistics and SupplyChains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and SupplyChain Management Suite at Heriot-Watt University Dubai. billion USD by 2026.
Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supplychain operations. What is the difference between 3PL and 4PL?
I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. KION acquired Dematic and Egemin Automation in 2016, forming KION SupplyChain Solutions that operates under the Dematic brand. KION is a publicly-traded company and reports on the SupplyChain Solutions (SCS) segment.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Too often visibility is pigeon-holed into outbound logistics.
Supplychain businesses jumping on the sustainability bandwagon. In line with the push towards sustainability in the commercial space, supplychain businesses are also ramping up on sustainability efforts. Cache Logistics Trust, Singapore. Businesses can reap many benefits from solarising their buildings.
The global cold chainlogistics market is likely projected to grow at a 17.9% compound annual growth rate through 2026. Cold chains are an integral part of the global supplychain and logistics networks.
The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supplychain market. By 2026,…
This drives an additional revenue contributions while adding strong growth potential across our data, solutions and platform business, supporting us reaching breakeven by the end of 2026. It’s a truly better global freight industry that ultimately reduces supplychain costs, improves speed and agility, and keeps goods moving.
Two companies, global parcel and logistics carrier FedEx , and global container shipping firm Hapag-Lloyd recently reported warnings related to 2025 financial performance. Both can be looked upon for barometers of global trade and industry supplychain activity trending. euros per share to 8.20 euros per share in 2025.
But Stacy Malphurs – Vice President of SupplyChain Management & Environmental Sustainability at Southwest – said “we needed an actionable plan we can implement in a shorter time horizon.” Stacy Malphurs – Vice President of SupplyChain Management & Environmental Sustainability at Southwest Airlines.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
billion in 2026, representing 30 percent growth per year. In his 25 years of customer centric roles in supplychain software and consulting, Ken has navigated companies through uncertainty and volatility as a thought leader and change agent. More market study insights can be found here. **. Ken Ramoutar is CMO at Lucas Systems.
The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026. In his 25 years of customer centric roles in supplychain software and consulting, Ken has navigated companies through uncertainty and volatility as a thought leader and change agent.
Prior to the pandemic, efficiency was the primary focus of most supplychain operations. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supplychain can’t be efficient. Severe disruptions during the pandemic changed that focus to resiliency. Here’s the rub.
Partner with an expert before another year passes Returnuary is an annual event, which means retailers have 12 months to prepare for the 2026 post-holiday season. Start taking strategic action right now, so youre ready for a successful Returnuary 2026.
In 2024, the logistics and supplychain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. AI-powered optimization AI-powered optimizations change supplychain management, as they find ground in the machine learning and AI rise.
Subscribe to SupplyChain Game Changer. Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most. In order to reap all these benefits, the entire supplychain experienced a shift toward growth.
Megatrends (Possibly) Shaping SupplyChain Trends: Technology. This article highlights five technology developments shaping the future supplychain. Hyper-connectivity is occurring today and already impacting supplychains. These changes, taken together, impact the evolution of supplychains.
The construction supplychain is complex. To adapt, construction and building materials companies are getting strategic and implementing new technologies to ensure a strong supplychain. Central to the construction supplychain is inventory management. billion in 2023 to $ 1,867.16
Last month, at the 2023 Gartner ® SupplyChain Symposium in Orlando, Florida, there were many key supplychain themes that emerged. Dwight mentioned that the top two internal hurdles to achieving the goals in logistics are labor and cost control. How to better insulate customers from supplychain risks.
It may seem impossible today, but the physical Internet could be embedded into freight supplychains by 2050. Indeed, it will not only optimize entire supplychain ecosystems but also reshape and reengineer them. It is simply not suited to the multidimensional supplychain landscapes of tomorrow. .
Third-party logistics, or 3PLs, help outsource business operations such as supplychain and logistics. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce. trillion by 2026 due to the COVID-19 epidemic.
Deloittes 2023 Logistics Outlook reports that 72% of logistics firms are adopting RaaS, enhancing cash flow and enabling new automation and capacity flexibility. The complexity of global supplychains and the pressure to scale quickly will lead more businesses to rely on 3PLs. trillion by 2026, growing at a 7-8% CAGR.
trillion by 2026, surpassing the current GDP of all European Union member states combined. As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency. Impact of Mega Distribution Centers in Logistics 8.
Rethinking supplychains is a reader-supported publication. First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. And finally, SupplyChain Solutions’ revenue declined 9.1%, due to a reduction in revenue following the sell off of Coyote. And logistics revenue grew by 16.2%.
billion USD by 2026, if not before then. billion (USD) by 2026 at a CAGR of 9.1 percent from 2018 to 2026. ” SupplyChain and Industry-Specific Training Online. What Do You Get With SupplyChain Secrets? eBooks: A series of books on SupplyChain and Logistics.
In a 2016 survey conducted by MHI and Deloitte, a logistics industry group, 35% of respondents said they’d already adopted robotics to maximize their supplychain optimization. But the question still remains: is the rise of robotics within the manufacturing supplychain a good or bad thing? Not at all.
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