Remove GEP Remove Logistics Remove Transportation
article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed.

article thumbnail

A New Kind of Supply Chain Managed Services

Logistics Viewpoints

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Editor’s Choice: How the EV Boom is the Oil & Gas Market

Logistics Viewpoints

This article is from GEP and look at the impact of EV boom on the oil & gas market. The rising popularity of electric vehicles (EV) is not only reducing the consumption of diesel and gasoline in the transportation sector but also impacting oil and gas exploration and production activities. petroleum consumption. Additionally, U.S.

GEP 231
article thumbnail

A Radical New Way to Think About Supply Chain Management

Logistics Viewpoints

It is these changing constraints, transportation capacity, and bottlenecks across an entire ecosystem that matters. They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. The lack of predictability leads to higher costs and worse service.

article thumbnail

5 Reasons why eAuctions Drive Better Savings

SCMDOJO

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).

article thumbnail

Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

NC State SCRC

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. In addition, rampant inflation exceeding 7% has emerged in 2022, as a result of labor shortages, increased transportation costs, and surging commodity prices.

article thumbnail

Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

The Shipper’s Role in Global Fulfillment and Trade Shippers are responsible for transporting goods from the point of origin to the end of consumption. They are also responsible for selecting carriers and modes of transportation that are environmentally sustainable and socially responsible. Consider the impact in the value chain.