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October 14th – 18th 2024 Supply Chain & Logistics News Yesterday, I landed back in the States from my autumn getaway. For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Worker safety and well-being remain key concerns in the logistics and warehousing sectors, where physical demands and repetitive tasks can lead to accidents and injuries.
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.
For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In transportation and logistics, this has manifested as a significant focus on electrification and renewable energy integration.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. Since then, supply chain disruptions and volatility have only increased. The Ukraine-Russia conflict is ongoing.
In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Overcoming Unique Challenges in Spare Parts Supply Chains Spare parts supply chains present unique challenges that differ significantly from traditional finished goods logistics.
Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. Technologyparticularly AIis playing a central role in enabling this shift. AI also helps with scenario modeling.
For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.
For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” SAP announced a new transportation collaboration solution that involved messaging not just between shippers and carriers but also three-way communication involving logistics service providers.
For example, the application sends three auto reminders to a buyer if a PO they cut does not have a corresponding purchase order confirmation associated with it. Where and how often, for example, did a buyer deviate from the happy path? For example, once a PO is confirmed, a tender to carriers should occur within 24 hours?
Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Challenges that were made all the more difficult by one of the most basic yet complex questions in logistics, “How long will it take to get there?”
Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.
With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.
For example, at one point, they modeled Brazil and factored tariffs and tax considerations into the total landed costs analysis. Business case creation involves top logistics, finance, or business unit executives. The post Schneider Electric’s Supply Chain Design Journey appeared first on Logistics Viewpoints.
The project demonstrates how 5G networks can serve as the digital nervous system for autonomous logistics. JD.com launched a 5G-powered logistics park in Beijing to support connected delivery fleets and smart loading systems. Fords example highlights how 5G helps bridge the physical and digital worlds in manufacturing settings.
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?
An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. This can help identify potential disruptions early and improve decision-making capabilities, particularly in Purchase Order, Forecast, Inventory and Quality related processes.
Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. A consumer goods company aligned its procurement and logistics teams, resulting in a 15% reduction in working capital. For example, U.S.-based
The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. Connected vehicles, following standards like the SAE J3016, which defines the six levels of vehicle automation, are becoming a crucial part of logistics operations.
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.
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.
Emergency vehicles, for example, would be exempt, and the California Highway Patrol could authorize the system’s disabling in certain other cases. And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management? Complete visibility into inventory.
These decentralized networks aim to boost flexibility, reduce risk, and improve responsiveness, aided by technologies such as blockchain, AI-driven logistics, and expanded visibility into supply chains. By improving forecast accuracy, Cisco has been able to reduce excess inventory while maintaining high service levels.
And now to this week’s logistics news…. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual. When in-transit shipping time began to improve quickly, Nike CFO Matthew Friend said, it led to swelling inventories.”
Transparent data prepared especially for your logistics operation will get you easily through your peaks. The hype usually revolves around just one item and can easily be managed by a modern logistics system. How can we rapidly bring our logistics operation up to its full speed during such a peak? Peaks are all so different.
And now on to this week’s logistics news. The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. This certainly sounds like a lofty goal. distribution centers.
It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.
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. Take an example.
Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.
From receiving and storing inventory to picking, packing, and shipping orders, there are critical functions that occur within the warehouse that keep your supply chain running smoothly. Ecommerce businesses must navigate a complex web of processes, from receiving and storing inventory to picking, packing, and shipping orders.
According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. One example, the warehouse uses a custom-made box that, generally speaking, holds 12 pairs of shoes. DCs inventory accuracy now exceeds 99.5%.
A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. 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.
Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.
In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently.
For example, instead of traditional longitude latitude coordinates, electric power distribution companies often use approaches such as linear referencing and network connectivity to describe asset context and attributes. For example, SMECO wanted RFID capabilities to track the movement of high-value items as they entered and exited the yard.
Instead, they are likely to carry higher levels of inventory as a lower cost alternative. The move toward carrying higher levels of inventory will initially increase GDP growth numbers as inventory restocking occurs. It’s time to shift the dialog about labor in logistics. Labor Shift – It’s About Want Not Need.
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. That’s all for this week.
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.
For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
Supply chain and logistics teams today face a pivotal moment in their evolution. Legacy systems typically created blind spots beyond a company’s immediate operations, but digital networks now provide real-time transparency into supplier capacity and inventory, logistics partner capacity, and even shelf-level demand patterns.
McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. Here are some additional examples: Hands-free processes?
I might tell Alexa, for example, “Play the station Smooth Jazz!” If there was a heat wave in the southwest, a logistics manager might say, “Joule, show me every refrigerated truck shipment in Arizona today!” For example, when GenAI is used to write job descriptions, aggregated anonymized customer data can improve the results.
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