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Kearney research shows that the more companies invest, the bigger the average ROI Investments in supplychain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. billion in 2024. In Divergent’s case, they raised $230 million.
Over the past three decades, three technological shifts have transformed the fashion industry. First, in the early 2000s, advancements in data analytics, RFID, and localized supplychains fueled the rise of “fast fashion.” Now Let’s Get to The SupplyChain & Logistics News for the Week!
That’s the question that continues to bedevil the global supplychain industry. As I detailed in a recent column , the answer to constant supplychain volatility is pervasive real-time visibility into the precise location, temperature or status of a shipment — at any point along the journey. Where’s my shipment? .
I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychain transformation journey. This technology company is headquartered in Friedrichshafen, Germany. This technology company is headquartered in Friedrichshafen, Germany.
We have certainly seen more focus on women in supplychain over the last few years, and nearly every conference that I attend has tracks dedicated to women in supplychain. Perhaps the most notable initiative thus far, however, is its efforts toward launching a collaborative supplychain strategy.
For more than a year, global supplychains have been buffeted by one major disruption after another. The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. The impact?
Sean is the Founder and CEO of STORD , the leading Cloud SupplyChain that enables companies to compete and grow with world-class logistics. Sean Henry is the Founder and CEO of STORD , the pioneer of the Cloud SupplyChain and a leader in end-to-end logistics services and technology. About Sean Henry. About STORD.
Brittany Traylor is the Founder and CEO of TraylorTranspo, an asset-based freight brokerage that streamlines the logistics function and delivers a superior customer experience using consumer-grade freight tech ( Turvo ). TraylorTranspo is an asset-based freight brokerage based in Dallas, Texas. About Brittany Traylor.
Today’s trading environment is one of global supplychains. Instead, you can choose between parcel, freight, courier or LTL shipping as needed. Multi carrier shipping software will help you achieve the best customer service for each shipment. Choosing the carrier with the lowest freight rates is important.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
Then, executives need supplychaintechnology to stay ahead of the game. But what technologies we should pay attention to? Onge Company Game changing technologies in the supply run from the immediate, to the near-term, to the futuristic, but there are some clear examples in each.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.
Very positively, these topics have not only been discussed at COP26 but multiple initiatives were launched with some of them having the potential to significantly contribute to decarbonizing the global supplychain network. Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles.
As air cargo rates reduce, indicating a return of freight capacity, but could this also signal a massive carbon emission increase? Electric technology has matched and will surpass performance of traditional engines. On the ocean and in the air, though, the technological victory is far from decided. I think not!
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
E2open , a provider of cloud-based supplychain management technology, announced that it is acquiring BluJay Solutions. This acquisition helps E2open continue to build out its greater end-to-end supplychain portfolio, building on its acquisitions of INTTRA, Cloud Logistics, and Amber Road.
In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. How can an automated planning system help them keep up? Transcript.
Launches with Improved Driver Tools, Visualizations and Fleet Management Features. Oracle Value Chain Execution Application Improves SupplyChain Visibility and Operational Efficiency for Yard and Service Facilities. July 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report for August 2014.
In recent years, global manufacturing and supplychain operations have undergone a significant shift. While reshoring is most prevalent in the United States, other countries like the United Kingdom and Germany are also making the transition. Moreover, U.S.
Moving on to this week’s supplychain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). Deutsche Post will deliver AmazonFresh goods in Germany (Reuters). Paragon Software Systems Ensures Drivers Follow Optimized Transport Plans with Paragon Waypoint Mapping.
Esri and E2open Partner to Deliver Market-Leading SupplyChain Solutions. October 2014 Freight Transportation Services Index (TSI). For related commentary, see A New Era for Global Trade Management Software? and Accelerating SupplyChain Speed and Efficiency with Global Trade Data.
Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.
E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global SupplyChain and Logistics Operating Network. Combination of E2open and INTTRA forms the Global Logistics and SupplyChain Network with Access to World-Wide Ocean Container Capacity and information.
Emerging SupplyChain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends Feature Article by Laurent Sik , Head of Operations, CEVA FVL APAC Automobiles, as a form of transportation, are indispensable in today’s world and will remain a crucial part of our lives for a long time to come.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
This would mean that goods which currently move freely between the UK and the EU would be classified as imports and exports, adding time, cost and complexity to the supplychain. Let’s take the example of goods being shipped from Germany to the UK. How AutomatedSoftware Solutions Can Help. Here are six key issues.
The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). One of my first clients back in 1999 was Descartes Systems Group.
Our salute to the best advancements in supplychaintechnology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supplychain arena. We think you’ll enjoy this year-end recap of supplychain innovations and best practices.
Now, on to the supplychain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. iContainers, Expedia for transporting freight internationally, raises $6.7 Freight Rates Push Lower as Truck Capacity Outweighs Demand (WSJ – sub. It’s why I coach. million (TechCrunch).
According to the press release: UPS now offers the rail service from Chengdu, China, to Lodz, Poland, and from Zhengzhou, China, to Hamburg, Germany. The new rail service is up to 50 percent faster than ocean freight and up to 70 percent less costly than air freight. So, mark your calendars and tune in!
It was a very busy week in the world of supplychain and logistics, so let’s go straight to the news that caught my attention: FLEXE Launches Nationwide Next-Day Delivery. Infor M3 Integrates to GT Nexus SupplyChain Network. Domino’s autonomous vehicle pizza delivery now live in Germany (ZDnet).
Transportation is one of the world's largest industries and deeply influences how efficiently global supplychains are able to run. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Technology Comes to the Aid of Freight Companies. Globally, they stood at $4.8
In the UK, there are currently over 1 million job vacancies, while in Europe’s biggest economy, Germany, one third of employers are reporting a scarcity of workers. Trucking firms are reporting huge shortages of drivers, with some resorting to sign on bonus to attract the labor required to keep supplychains flowing.
Okay, moving on, here’s the supplychain and logistics news that caught my attention this week… Buckle Up, Prime Members: Amazon Launches In-Car Delivery. Freight Costs Weighing on Earnings at Consumer-Goods Makers (WSJ – sub. Microsoft-OOCL Partnership to Develop Shipping AI (Port Technology). What’s next?
Venue: Messe Frankfurt Venue GmbH, Frankfurt am Main – Germany. Europe’s Biggest and Longest-Running Gathering of Life Sciences Logistics, SupplyChain & QA Professionals. Cool Chain & Temperature Controlled Logistics Europe is coming to Frankfurt, Germany! End-to-end supplychain integrity.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. billion (December 2019) Headquarters: Bonn, Germany CEO: Frank Appel 3. FedEx set out to become a global logistics player as a full-service freight operator. Revenue: €63.3 billion/$72.43
The freight industry operates within a complex network characterized by numerous inefficiencies. While technology offers immense potential, its practical application and impact on fuel savings require further research. Consequently, investing in packaging optimization can yield substantial returns for businesses in the supplychain.
To put that another way: by the time a business in Canada, France, Germany, Italy, Japan or the United States gets to Thursday they have produced, on average, what the UK needs a full Monday-Friday to do. Reducing capital inputs requires a two-pronged approach: using what’s there efficiently and eliminating costs with new technology.
Contents SupplyChain Movement 22 – 2016 Q3. 8 | Snapshots: Launch SupplyChain Executive Club. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. 14 | Profile Daniel Helmig, Global Head SupplyChain Management, ABB.
Every Friday on Talking Logistics, I share a list of supplychain and logistics news that caught my attention that week, along with some brief commentary and analysis. And just last week, the Blockchain in SupplyChain Alliance (BiSCA) was announced , with a focus on procurement, planning, warehousing, and transportation processes.
I attended the Gartner SupplyChain Conference in London a couple of weeks ago, and one of the topics that was discussed was the rise of robotics, especially in manufacturing and logistics. As technology companies develop driverless cars, the freight industry is working on the same for trucks and trains.
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