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Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. The post How is the Logistics Economy Holding Up? appeared first on Logistics Viewpoints. The overall volatility was punctuated by shortages that were themselves brought about by the global COVID-19 pandemic.
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. The right IT is critical.
And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. This volatility has increased public and corporate attention and appreciation for supply chain and logistics. The post 2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean appeared first on Logistics Viewpoints.
Amid this perfect storm of disruption, GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.
Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.
Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. Alex Zhong is Director of Product Marketing at GEP.
Alex Zhong is Director of Product Marketing at GEP. At GEP, he leads product marketing for the company’s AI-enabled supply chain solutions. The post Essential Technology Capabilities for Supply Chain in 2023 appeared first on Logistics Viewpoints. He is passionate about the role technologies play in driving supply chain. [1]
This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. The post Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging appeared first on Logistics Viewpoints. More smelters are expected to curtail operations leading to reduced supply in the market.
This article is from GEP and look at the impact of the SEC’s climate disclosure proposal. appeared first on Logistics Viewpoints. Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice.
Alex Zhong is Director of Product Marketing at GEP. At GEP, he leads product marketing for the company’s AI-enabled supply chain solutions. The post Title: 5 Best Practices to Overcome Scope 3 Emission Reduction Challenges appeared first on Logistics Viewpoints. 2] “Scope 3 Emissions,” Global Compact Network UK | [link].
This article is from GEP and look at the impact of EV boom on the oil & gas market. The post Editor’s Choice: How the EV Boom is the Oil & Gas Market appeared first on Logistics Viewpoints. Additionally, U.S. carmaker Ford expects 40% of its global sales to be captured by battery-electric vehicles by 2030.
SCCN suppliers like Emerge, GEP, and Coupa provide good network visibility to procurement; solutions from FourKites and project44 provide visibility to shipments; and solutions from Interos or Eversteam Analytics provide visibility to new risks in almost real time.
Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. Thank You | GEP. Bibliography. 2021, 10 21). Retrieved from teamprocure.com: [link]. 2020, 4 28). 2020, 4 28).
A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives.
That includes increased collaboration to handle load and product information, marketing campaign points, or import and export logistics. How to Build Supply Chain Resilience Without Sacrificing ESG Goals or Inflating Costs – SPONSOR CONTENT FROM GEP.” Consider the impact in the value chain. link] , [link] Accessed 10 March 2023.
A recent study by Harvard Business Review Analytic Services and GEP, reinforces this fact as more than 72% of companies believe their key supply chain capabilities including supply planning, demand planning, warehousing and logistics, procurement, and inventory management ought to be digitally immature.
And now on to this week’s logistics news. That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” The drones used heat-seeking camera to track the dirt bikes as they fled from the area.
The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market.
And now on to this week’s logistics news: McDonald’s is testing a new drive-thru concept. The program will be expanded to the recently launched 600-mile commercial lane between Fort Worth and El Paso in Texas to support customers of logistics business Uber Freight as it ships goods this holiday season, Aurora said on Friday.
Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains.
The rise of third-party logistics The rise of third-party logistics (3PL) providers has been a significant driving force in the evolution and convergence of supply chains. Businesses managing logistics in-house often deal with inefficiencies due to a lack of expertise and resources.
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