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Supply Chain & Logistics News (October 28th – 31st) A day late but, Happy Halloween! The biggest 5 exporters of candy sweets are Germany, mainland China, Mexico, Belgium, and Spain. Song of the Week: The post October 28th – 31st Supply Chain & Logistics News appeared first on Logistics Viewpoints.
Now Let’s Get to The Supply Chain & Logistics News for the Week! The biggest European automaker announced that it is considering shutting down sites for the first time in Germany and ending job security agreements after continued ignorance towards overcapacity and lack of competitiveness.
Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.
And now on to this week’s logistics news. Restaurants, bars find suppliers’ inventories are running dry. Amazon said the development center in Helsinki will work alongside Amazon staff at the Amazon Scout R&D lab in Seattle, as well as teams in Tubingen, Germany, and Cambridge. Descartes acquires GreenMile.
Amazon has continued to grow its logistics network over the last few years, adding more branded trucks, airplanes, and drones. But the company is not happy with just owning logistics; it continues to expand its Prime benefits. And now on to this week’s logistics news. On Wednesday, Amazon announced it would acquire MGM for $8.45
Europe’s largest beer-producing nation, Germany, saw most of its 9,700 annual beer-related festivals canceled. For example, bottlenecks on the production lines can be optimized by sequencing campaigns based on: Expected batch formulations Equipment cleaning and setup on changeovers Outbound logistics capabilities.
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. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.
If you want to find out what’s new in automotive logistics, there’s one place to be – the Automobile Logistics Forum. Held in Leipzig again this year, the event was attended by decision-makers from top OEMs, suppliers and logistics service providers. Klinkner stressed the interplay of industrial production, logistics and IT.
Court of Appeals upholds nearly all of new HOS regulations ( Logistics Management ). In technology-related news, Oracle announced the new release of Oracle Retail Allocation that helps retailers “to deliver the right product, in the best assortment, for each location using real-time inventory levels along with sales and planning information.”
Pentant provides its shipper and logistics service provider customers with a reliable and secure connection to both CHIEF (the central UK Revenue & Customs system) and ICS (the European Union Import Control System) to streamline declaration, cargo security and clearance processes.
It was a very busy week in the world of supply chain and logistics, so let’s go straight to the news that caught my attention: FLEXE Launches Nationwide Next-Day Delivery. Konexial And Cloud Logistics Partner To Produce Groundbreaking Goload Service. Domino’s autonomous vehicle pizza delivery now live in Germany (ZDnet).
In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!
This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads.
This technology company is headquartered in Friedrichshafen, Germany. Lean cuts inventory out of the supply chain. But when things go wrong, lean can lead to large losses in sales because there are no just-in-case inventory buffers. They began this journey before the term “digital transformation” was even being used.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. So acute is the shortage of warehouse space that some companies are not merely stockpiling inventory.
But let’s not let the elevator bring us down, let’s go crazy…after this week’s supply chain and logistics news. Germany, Belgium, Estonia and the U.S., Tech-enabled fulfillment and operations : Manage orders and inventory across distribution centers and suppliers while protecting margins and delighting customers.
Now, on to the supply chain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. Target charges suppliers more to help offload unsold inventory (Reuters). Last week, I highlighted how Walmart is piloting the use of drones in its warehouses for inventory tracking. It’s why I coach.
They included 300 executives in 11 industries in Canada, China, Germany, and the United States. The key technology enabler was an IoT-based supply chain planning system that used POS data, telemetry and rapid re-planning to enable an entirely new approach to logistics and replenishment.
Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?
Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. eBay Launches New Speedy-Delivery Membership in Germany (Venture Beat). New Infinea® X from Infinite Peripherals® Expedites Warehouse, Logistics and Supply Chain Operations. Have a happy weekend!
According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.
The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. Then, there’s the Infrastructure Investment and Jobs Act – the construction industry is expected to pull workers from the supply chain since both logistics and construction attract similar worker pools. It’s a global problem.
The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. One goal, two different motivations.
Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digital Transformations in the Manufacturing and Retail Industries.
Capacity was stretched beyond limitations in 2014, and fleets around the country tried to optimize operations through freight reclassification, dimensional pricing models and freight consolidation, explains Jeff Berman of Logistics Management. Too Much Inventory Will Make Restoring Shipping Profits Difficult.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
Using shop-by-store features to check inventory availability before going to make purchases in-store. In creating a seamless omnichannel experience, it is imperative to ensure your products are available when and where the customer expects them, with inventory optimized to the ideal location. . Inventory Visibility.
Are you sourcing from different countries and facing logistical complexities? Let’s imagine that you are sourcing corn seeds from France and Spain, processing and mixing in Hungary, and delivering to Germany. Optimal inventory usage. Is your agriculture business dependent on what nature is giving you? Pressure to deliver.
Strategic moves among logistics providers. Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. 29 | Facts & Figures: Logistics Outsourcing.
Groundbreaking approaches to logistics management are being developed in urban centers around the world. Mid-sized cities are expected to grow three times faster than the rest of the country over the next three decades, adding to the pressure to develop better ways to manage logistic flows. Get ready for smart logistics.
The EU is working on a due diligence law, and Germany has already passed one. This exposed structural weaknesses, including giving many a pause for thought about over-reliance on Chinese goods and the fact that most supply chains lack the ability to rapidly shift production and logistics in response to demand. .
After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014. Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. SCM 3PL Subway 2015. Faroe Islands.
From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. So, let’s dive in and explore the fascinating world of supply chain management salaries! per hour. .
E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network. Combination of E2open and INTTRA forms the Global Logistics and Supply Chain Network with Access to World-Wide Ocean Container Capacity and information.
I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So also the demand for it and even the demand couldn’t be really supplied with inventory space. There’s also, let’s say, a rail track from China to Germany, which was increasing by 25%.
Groundbreaking approaches to logistics management are being developed in urban centers around the world. Mid-sized cities are expected to grow three times faster than the rest of the country over the next three decades, adding to the pressure to develop better ways to manage logistic flows. Get ready for smart logistics.
But perhaps the most far-reaching changes will center around the use of large data systems to drive sustainability in logistics and supply chains. Driverless”, autonomous vehicles are already in use across both the public and private sector, and are set to dramatically transform the logistic industry as they hit the road in greater numbers.
To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration. Mindmap for Global Logistics Integration. The main challenge in logistics is an increasing complexity of trade-offs in transport planning. Choose country.
Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. There are signs of new orders softening- cited in 16 percent of general comments, compared to 17 percent in June- as panelists are increasingly concerned about excessive inventories and record high lead times.”. .
Reducing inventory is probably the most obvious strategy for liberating these financial resources, particularly for companies that maintain high stock levels. The longer pipeline and corresponding increase in uncertainty require higher inventory volumes, which eats up precious cash reserves. which sells around 40,000 SKUs.
Several countries have taken concrete steps in this direction, and this newest piece of legislation’s impacts can only be explained by breaking down the facts of how they’ll impact companies operating in or with Germany. It impacts traditional import and export relationships and e-commerce in the EU. IBM , [link] Accessed 11 March 2023.
Locanis is a warehouse technology supplier headquartered in Germany with clients located in Europe, North America, and Asia. Location, Mobile Assets, Inventory, and Tasks. Site Optimizer 360 0 maintains visibility into mobile resources, inventory, status, and locations. It is reasonable to call it a WMS.
.” – Joanne Mavroides, Director Supply Chain & Logistics at Abiomed. As an associate member, QAD sponsored an insightful panel discussion, which I was delighted to moderate alongside industry giants Max Kley, CEO of Freudenberg Medical and Joanne Mavroides, Director Supply Chain & Logistics at Abiomed.
Groundbreaking approaches to logistics management are being developed in urban centers around the world. Mid-sized cities are expected to grow three times faster than the rest of the country over the next three decades, adding to the pressure to develop better ways to manage logistic flows. Get ready for smart logistics.
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