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Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.
Benchmarking helps ensure they are getting the most out of their supplychain and also provides a platform for further optimization. This allows shippers to gain insight into how their supplychain compares to others in terms of cost-efficiency, speed, and reliability. Currently residing in Mesa, Arizona.
The global supplychain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. More and more large U.S.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. After three.
It’s no secret that supply-chain bottlenecks have tightened throughout the pandemic. In releasing this report, our team of experts is empowering shippers and carriers alike to embrace digital freight transformation and remain resilient in 2022 and beyond. However, the data reveals a deeper story.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. It’s not just supplychains. But those successes deserve to be celebrated.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Last year, many in the supplychain technology industry were warning companies all over the globe to prepare for the unknown. There is optimism around the corner, but a sunny outlook isn’t enough; it’s past time for supplychain leaders to transform their supplychains to become more agile.
The unprecedented changes in the last couple of years have caused disruption and flustered supplychain resilience. As a result, shippers are dealing with high freight costs, late shipments, lack of visibility, process inefficiencies, and other complexities.
For the first in seven years, I was not heads-down preparing for The SupplyChain Insights Global Summit. Pre-pandemic only 30% of supplychain leaders were satisfied with their supplychains, and during the pandemic, business leader satisfaction is falling precipitously. Rising Complexity. What To Do?
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. Freight Rates 2019-2021.
My last post on the SupplyChain Shaman blog was forty-five days ago. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supplychains, demand shifted. Time to Know.
Most supplychain suppliers have solutions that are very similar to each other. Carriers move shippers’ freight. The Emerge solution has attributes of different supplychain software solutions. Because of this, it is feasible for Emerge to provide freight analytics. Emerge is that kind of company.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supplychain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
In April 2024, we asked members of our Indago supplychain research community — who are all supplychain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. Picture the scene. It’s late Friday.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global SupplyChains for some SMBs Judah Levine July 24, 2024 Since early May, supplychains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. We begin by discussing Gnosis Freight, a company that has developed the first Container Lifecycle Management® Platform to simplify the complex process of international shipping.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supplychain environment, optimizing these processes is critical to staying competitive and cutting costs.
It was a scary time for the entire world but incredibly overwhelming for those working hard to keep global supplychains running. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.
In today’s interconnected global economy, sustainability within supplychains and logistics has become a necessity rather than an option. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supplychain strategies is essential.
Ryan Schreiber and Joe Lynch discuss navigating the roller coaster freight market. Ryan is the Vice President, Industry and Growth, at Metafora , the leading business consulting and software development firm that exclusively serves the Transportation, Logistics and SupplyChain space. Welcome to the new way forward.
Andy Tomka and Joe Lynch discuss freight-tech for SMB brokers. About Andy Tomka Andy Tomka is the Vice President of Product at MVMNT, a freight-tech company that build transportation managemt systems (TMS) for SMB freight brokers. Andy is a graduate of Iowa State University’s SupplyChain Management program.
A research study conducted by The Journal of Commerce and FourKites surveyed hundreds of international shippers, exploring how their usage of global supplychain visibility technology has evolved since the onset of global disruptions caused by COVID-19.
When you think of supplychain management, capabilities such as agility, responsiveness, and flexibility often come to mind. Read more The Unintended Consequences of Inconsistent Freight Procurement.
Supplychains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.
Sean Smith and Joe Lynch discuss scaling your SMB freight brokerage. Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supplychain by accelerating the movement of money and data. The role of freight factoring and back-office solutions for managing finances.
As supplychains go digital, bad actors are evolving their fraudulent tactics. Read more The post 3 Strategies for Shippers to Combat Rising Freight Fraud appeared first on Talking Logistics with Adrian Gonzalez. Fraudsters have adapted their tactics to take.
In 2023, shippers have an opportunity to reimagine their supplychain operations so they’re well equipped to navigate any future disruption. Download our agile procurement ebook for a guide to the tactics and tech solutions shippers are approaching to evolve their current strategies.
Robert Bain and Joe Lynch discuss the 3 pillars of freight operations. He has been a leader in the freight tech movement with companies like Uber Freight, Shipwell, and CDL 1000, and his passion is combining great solutions with exceptional people to service clients. The Greenscreens.ai
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
Author’s Note: Yes, it’s Friday, the day I typically highlight the supplychain and logistics news that caught my attention this week. Read more The post Freight Fraud: How Good Are Your Processes to Prevent It? But this was a very quiet week for news — maybe Labor Day has turned into Labor Week?
Kevin Hill and Joe Lynch disucss 4 trends in freight brokerage. Kevin is the Owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. Gain insights into the categorization of freight brokers and freight tech companies based on their annual revenue.
After having opened a new warehouse in Johannesburg - the largest integrated logistics center on the continent - a multi-national FMCG Healthcare company approached DSV South Africa (SA) for services across the end-to-end supplychain.
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? .
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
Mr. Ryan provided the best, most succinct explanation of the supplychain crises I have seen. You can browse headlines on any business news site and see the word supplychain and logistics more than you would have seen before. So, there was supplychain disruption. These are headline issues.
Earlier this month, an executive in our Indago supplychain research community submitted the following question: “We see the future of transport moving toward electric and autonomous vehicles.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
If you had to boil down why the past two years have been so challenging for supplychain and logistics professionals into a single sentence, that would be it. The quote is by Lior Ron, CEO of Uber Freight, from his.
Supplychain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. There are three responses in this question that address supplychain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. We run one of the few truly hybrid supplychain networks. That has worked out well for us.
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