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October 14th – 18th 2024 Supply Chain & Logistics News Yesterday, I landed back in the States from my autumn getaway. The Ryan Air CEO Michael O’Leary said in his 30 years in the industry he has never seen capacity constraints to the current extent. They will probably come now in January and February.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
Bill is the Founder & CEO of OneRail , a leading omnichannel fulfillment solution pairing best-in-class software with logistics as a service that provides dependability and speed to help businesses meet their delivery promise. OneRail’s platform includes order management, inventory management, and real-time visibility.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. Retailers and e-commerce giants like Amazon are stockpiling key inventory, preparing for potential further trade restrictions.
Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing.
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?
This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You set a target inventory level. Solvoyo has a metric they call the user acceptance rate. That’s an action.
Workforce shortages and other challenges abound throughout all transportation sectors, and while this may revitalize investments in localized manufacturing, expanded warehousing to hold more inventory, and other efforts, these changes do not solve today’s issues. Carrier capacity tops the list of parcel shippers’ challenges.
And now on to this week’s logistics news. The latest capability for merchants shows that the e-commerce giant is trying to control more inventory deeper in the supply chain before it’s sold. In other Amazon news, the company has adjusted its Fulfillment by Amazon (FBA) seller capacity for the peak season.
This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. Unconventional solutions to excess inventory challenges. The answer goes beyond standard inventory management.
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.
Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. It was a good mix of topics and authors, including a good number from our Logistics Viewpoints sponsors.
Logistics equipment plays a vital role in the efficient operation of warehouses and distribution centers. By selecting the right equipment, businesses can optimize storage capacity, improve productivity, and ensure the safe and timely delivery of goods. They can handle loads ranging from 1.5 to 10 tonnes or more.
For example, if a promotion plan has not been correctly modeled for the warehouse, there may not be enough storage capacity, dock doors, or workers to execute the days work. The post Manhattan Associates Joins a Select Group of SCM Software Vendors in the Billion Dollar Club appeared first on Logistics Viewpoints.
And now on to this week’s logistics news. Logistics industry growth slowed in October. Electric vehicle startup Canoo Inc said on Wednesday it would build a battery manufacturing facility at Pryor in Oklahoma with a capacity of 3,200 Megawatt hours production. Save Mart begins grocery delivery with Amazon. The Save Mart Cos.
Bill Thayer and Joe Lynch discuss channel free logistics. About Bill Thayer Bill Thayer is the Founder and CEO, of Fillogic a logistics-as-a-service platform for retail that converts underutilized space at retail centers into tech-enabled, micro distribution hubs. About Fillogic The leading platform for local market logistics.
Today’s logistics teams are operating in an environment characterized by uncertainty on three fronts. Minute by minute, logistics providers are asking themselves: What do customers want? Customers’ needs and expectations are constantly changing. Do I have the resources to meet their needs? And can I do so profitably and sustainably?
And now on to this week’s logistics news. 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. The post This Week in Logistics News (January 27 – February 2) appeared first on Logistics Viewpoints.
Today’s article is from GlobalTranz and looks at the difficult decision of transitioning in-house logistics to managed services. The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. This can be a confounding issue.
With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.
And now on to this week’s logistics news. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels. At full capacity, the company said, the factory will employ 500 human workers in Salem. They will work alongside the bipedal humanoid Digit robots.
Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. that make supply chain and logistics operations more productive and reliable.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Supply Chain Management and Maintaining Inventory.
And now to this week’s logistics news. Pandemic has ‘forever altered’ need for logistics space. As more sales move online, some wholesale retailers are taking steps to reduce the amount of inventory they own and are moving back to a drop shipping model. Sadly, Dick Hoyt passed away on Wednesday at his home in Holland, MA.
And now on to this week’s logistics news. This includes trucking capacity concerns, port congestion , and warehouse staff. The company said it has invested more in inventory planning and partnerships with suppliers so it has enough goods on hand while making sure it can route items to where they’re urgently needed.
The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? So, how can logistics handle disruptive events like these? The changing trends dictate consumer preference.
And now on to this week’s logistics news. Restaurants, bars find suppliers’ inventories are running dry. According to Mark Schurman, a spokesperson for Gordon Food Service: “there are also constraints in transportation, with real capacity challenges in moving product, whether in ports or overland trucking.”.
Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.
APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Compared to RPA implementation in other areas, organizations are more likely to have implemented RPA in Logistics and Warehousing (24 percent).
Of course, we subsequently share interesting insights in Logistics Viewpoints articles. My Logistics Viewpoints colleagues and I have seen the value in autonomous mobile robots (AMRs) in the warehouse for many years. The post DHL Supply Chain’s Digital Transformation in the Warehouse appeared first on Logistics Viewpoints.
Businesses’ top concerns include meeting customer demands, optimizing capacity to navigate volatility, meeting sustainability goals and finding skilled labor. The products and material deliveries are planned without taking real-world transportation constraints into account, such as truck capacities, schedules or incompatibilities.
Robust supply plans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. The integrated business plan is at the heart of balancing projected demand with the capacity needed to meet that demand. But then stuff happens.
Capacity constraints and transportation delays. Shifting consumer demand, bad weather, driver shortages, fuel prices and an array of influences conspire to shrink available capacity. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.
Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. SCP solutions provide a solid ROI based on hitting targeted service levels with less raw material, work-in-process, or finished goods inventory. Supply planning engines “optimize” the schedule.
Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. Establishing real-time shared visibility and processes with supply chain partners facilitates identification and resolution of issues.
And now on to this week’s logistics news. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. The company in the past year revamped its logistics network, enabling faster and more efficient deliveries. 11 release.
The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low.
Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates.
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. This collaboration enables faster response times and cost savings.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. I believe our findings capture the pulse of North America logistics operations and the executives’ perceptions and priorities going into the second half of 2023.
Market volatility describes a stage at which volume and capacity availability are misaligned. That can mean ample capacity and not enough shipments or far too many shipments and not enough equipment or drivers. Traditional Inventory Replenishment Strategies No Longer Work.
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