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Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home July 30, 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.
For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. The peak inbound season typically starts around this time of year. But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. In the past month, imports — both ocean and air — surged as disruptions exacerbated congestion at the ports.
Supply chain leaders of enterprise organizations and rapidly growing businesses know: The best thing they can do to streamline and supercharge their operations is hire best-in-class logistics expertise. The second-best thing they can do is to equip those experts with a best-in-class Transportation Management System (TMS). The modern transportation management system (TMS) is the cornerstone.
Continuous network optimization recognizes that supply chains are complex organisms. They need to respond to many changing factors, including: variation in demand, supplier capabilities, freight rates, commodity pricing, Disruptions, And the list goes on… Supply chain leaders need a more efficient way of managing these smaller, faster changes.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
As supply chain and logistics managers, we all know planning. We live and breathe the coordination of transportation, goods, demand and supply on a daily basis. This kind of planning is the lifeblood of what we do.
Continuous network optimization recognizes that supply chains are complex organisms. They need to respond to many changing factors, including: variation in demand, supplier capabilities, freight rates, commodity pricing, disruptions, And the list goes on… Supply chain leaders need a more efficient way of managing these smaller, faster changes.
Continuous network optimization recognizes that supply chains are complex organisms. They need to respond to many changing factors, including: variation in demand, supplier capabilities, freight rates, commodity pricing, disruptions, And the list goes on… Supply chain leaders need a more efficient way of managing these smaller, faster changes.
Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. MILAN, ATHENS, and BOSTON – 29 July 2024 — ToolsGroup and its Greek partner, THellas, announced that SLF Greece -a distributor of KIKO MILANO products in Greece, Cyprus, Bulgaria, and Romania- has implemented ToolsGroup SO99+ software.
Financial stability and access to quick capital are pivotal for businesses and consumers. In the intricate web of modern commerce, every component has a role in the smooth flow of goods from manufacturers to consumers. But have you ever considered how financial products like car title loans influence retail supply chains? This blog post will explore this unexpected connection and unravel how car title loans can impact the retail sector.
Supply chain and IT leaders are under tremendous pressure to make the right decisions regarding supply chain planning technology investments. This investment should not only solve today’s problems but also be ready to tackle unseen future challenges, including Black Swan events like the recent IT outage. At the same time, this investment should support strategy, increase shareholder value, improve customer experience, help achieve sustainability goals, improve planner experience, enable global
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Direct Spend Management Explained Direct spend management refers to the processes of tracking, controlling and optimizing the purchases directly tied to producing a company’s products or services. It covers the procurement of items like: Raw materials Operational supplies Manufacturing machinery Product components Capital equipment With direct spend, procurement teams dedicate significant time to supplier development and maintaining supplier relationships, focusing on negotiating pricing,
Despite our transition to a post-pandemic era, the global supply chain is still fragile. Labor shortages, natural disasters, regional conflicts, and other supply chain disruptions continue to pose barriers to new product development and introduction (NPDI). According to a recent manufacturing report 1 , optimizing supply chain management and minimizing risks are top priorities for companies in 2024.
Today brings breaking news of yet another SAP SE Supervisory Board change involving this enterprise, ERP and supply chain technology field sales, customer success and marketing senior leadership. The announcement indicates that SAP has reached a mutual agreement with Executive Board Members Scott Russell and Julia White to depart the company’s operational management board effective at the end of August.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
By Dennis Pederson (pictured) CEO of PayFasto The post How businesses and sellers can spot online payment scams this summer appeared first on IT Supply Chain.
FIVE STEPS TO ACHIEVE USER ADOPTION People tend to resist organizational change due to a lack of communication and participant involvement, resulting in slow or no adoption of the change and a considerable loss to the organization. This white paper explores how organizational change management (OCM) practices can help smooth rocky transitions and increase the pace of change adoption.
Shipping AI Enhances Efficiency There are numerous benefits of applying shipping AI to logistics software. The implementation of artificial intelligence can simplify difficult processes, improve efficiency, and reduce human errors within the supply chain. Simplifying Complex Tasks One of the main benefits of shipping AI includes correctly linking the shipper to the carrier.
By Rob Jackson (pictured) Content Writer The post Understanding the Role of a Car Accident Lawyer: Navigating Legal Challenges After a Collision appeared first on IT Supply Chain.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
As geopolitical tensions increase, the countervailing benefits of Foreign-Trade Zones (FTZs) become more self-evident. Here’s how they work, and why companies should take advantage of them.
Compared to incumbent TMS solutions, an enterprise TMS offers comprehensive features that can significantly improve resource management and overall operational efficiency. The post TMS Incumbent or Enterprise Solution? Why an Incumbent Software Provider Might Not be In Your Best Interest appeared first on MercuryGate International.
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
Last year, Lucas Systems celebrated 25 years of helping the on-floor worker work smarter. This year, we recently celebrated the milestone of one hundred BILLION picks using Jennifer, the brains, orchestration engine, and voice of our solution. The post One hundred billion picks – the latest milestone in a history of achievement! appeared first on Lucas Systems.
Increased efficiently and automation are high on most people’s wish list when investing in technology for their business. With increased competition and slimming margins in the LTL market, businesses are looking to automate most of their operations to compete and stay profitable. Here are a few ways businesses have implemented technology to automate their LTL operations: – Pull LTL Freight Contracts Directly From Common Carriers: Building out freight contracts and managing the fu
Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.
The railroad has routinely given freight trains preference over passenger trains along a 1,140-mile stretch of the Crescent Route, a violation of federal law.
The Role of NMFC NMFC plays a big role in domestic LTL freight. The NMFTA created the NMFC. It helps determine the freight class of the freight. Each commodity has its own NMFC number. Usually, this is something that the shipper supplies. With these numbers, it helps you calculate a rate for LTL. For example, we use ZIP Codes to calculate most LTL. It helps to determine origin and destination, freight class, and weight.
The British railway network plans to invest £2.8 billion ($3.6 billion) over the next five years to keep trains running safely even with “more frequent and extreme weather” conditions.
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