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Five years ago, we all thought the COVID-19 pandemic resulted in the most disruptedsupplychain landscape we would ever see. Since then, supplychaindisruptions and volatility have only increased. We were wrong. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning.
The phrases “transitory inflation” and “supplychaindisruption” have been frequently used in the general and business news media this summer. Certainly, supplychain constraints are a partial cause of the current above trend inflation. However, the CPI report did state, “ the index for used cars and trucks rose 0.2
Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse.
Supplychaindisruptions have become a persistent operational risk. Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. Amazon is a leader in AI-driven supplychain management.
Steve Elwell and Joe Lynch discuss why supplychaindisruptions are here to stay. Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supplychain, and product management services for a wide range of industries. About Steve Elwell.
Are we in a perfect storm of supplychaindisruption? Read more Perfect Storm of SupplyChainDisruption Underscores Importance of Spot Market Utilization. Read more Perfect Storm of SupplyChainDisruption Underscores Importance of Spot Market Utilization.
SupplyChain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. Offering loyalty and support in difficult times strengthens the partnership and ensures reliable supply in the future.
Supplychaindisruptions have brought about an age of innovation. From a transportation standpoint, this has included major technological advancements. In my presentation, I highlighted five key transportation trends that are changing supplychains from a technology standpoint. The Network Effect.
It even took authorities some time to recognise the vital importance of warehouse logistics, supplychain continuity, truck drivers and other transport operators. SUPPLYCHAINDISRUPTION—Respond, Recover and Regrow. SupplyChain Technology. FTAs and Trade Flows. CONCLUSION.
Often the core planning is done by a supply planning solution that creates a digital map of a companys supplychain. That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications.
In early November, my colleague Steve Banker wrote an article looking at the top supplychain trends for 2023 and beyond. So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2022 and see what our readers found to be the most interesting. Top Five Transportation Trends ; Chris Cunnane.
Improve Data Quality: AI Agents improve data quality, enabling access to real-time information, enhancing decision-making capabilities in supplychain operations. Real-time data processing and analysis are crucial for identifying and resolving supplychaindisruptions.
Even in normal times, transportation professionals have their hands full dealing with all sorts of exceptions and disruptions. There is only one thing we know for certain: the transportation market will continue to change and transportation professionals will need to respond effectively to whatever changes lie.
Navigating an Increasingly Challenging Logistics Landscape. These e-commerce trends are placing increasing pressure on logistics teams to keep up with demand volatility, provide incredibly fast delivery, and reliably fulfill all their promises to customers and consumers. The next step?
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs.
Logistics Viewpoints (09/30/2024- 10/04/2024) As a Florida native, hurricanes are a familiar part of life, shaping the experiences of millions who call the southern coastal regions home. Song of the week: The post Logistics Viewpoints (09/30/24 – 10/03/2024) appeared first on Logistics Viewpoints. economy nearly $ 3.8
Katie Date and Joe Lynch discuss reflections on Manifest , the premiere conference that unites the entire eco-system of Fortune 500 global supplychain executives, logistics service providers, innovators and investors at the forefront of logistics tech and supplychain.
And now on to this week’s logistics news. Nations aim to secure supplychains with “friend-shoring”. As the driver shortage shows no signs of slowing down, and supplychaindisruptions continue to affect industries around the globe, the push for these trucks is becoming stronger. That’s all for this week.
Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supplychaindisruptions, a robust procurement strategy is no longer optionalits essential. Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages.
The disruptions and the themes are similar along with added observations. Resilinc Study Supplychain risk management technology provider Resilinc released this week this providers findings of the top drivers of supplychaindisruptions for 2024. economy and for industry supplychains.
So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2021 and see what our readers found to be the most interesting. It was good mix of topics and authors, including a good number from our Logistics Viewpoints sponsors. So let’s take a look now at the 15 most popular logistics stories.
The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. And now on to this week’s logistics news. and Israeli startups focused on logistics, the supplychain and customer fulfillment. delaying shipments and raising transportation costs.
And now to this week’s logistics news…. Nike Earnings Reflect SupplyChainDisruption Complexities. The cost to transport containerized goods peaked at unprecedented levels in late 2021. The post This Week in Logistics News (September 24 – 30) appeared first on Logistics Viewpoints.
Those stakeholders include planners; supplychain, manufacturing, and logistics executives; sales and marketing; finance or regional or business unit leaders; and suppliers and other partners. SupplyChain Planning Suppliers Embrace Generative AI Supplychain planning (SCP) is one of the most complex applications.
Supplychains throughout the U.S. are feeling the impact of massive disruptions in their logistics operations brought on by the pandemic. Manufacturing, transporting and storing products while meeting new rules and regulations regarding health is a lot for companies to handle.
Now is the time to make this happen, especially as supplychain companies around the world make their pledge towards sustainability. And now on to this week’s logistics news. Healthcare logistics has been a bright spot for UPS amid an overall decline in delivery demand. UPS will add 2.3
Given the many aspects of retail operations outside a business’ control—from supplychaindisruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.
There is potential for oil and gas supply shortages to occur as well. But potential supplychaindisruptions go well beyond fossil fuels. The country’s major service export sectors include air transport; business, professional, and technical services; sea transport, and information services.
And now on to this week’s logistics news. Supplychain woes accelerate reshoring, nearshoring trend. Logistics companies are reversing their hiring binge. The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. So a quarterfinal run is the reasonable ceiling.
When referring to supplychain resilience, the causes of disruption vary widely in scale and emphasize the unpredictability and severity of the events. Some of the strategies companies use to minimize the impacts of hurricanes and floods on their supplychain can be applied to transportationdisruptions as well.
And now on to this week’s logistics news. The Houthis are creating significant supplychaindisruptions for chemical companies and governments. The post This Week in Logistics News (July 6 – 12) appeared first on Logistics Viewpoints. It’s having an impact mainly in Europe and Asia.
Supply-chain and logistics challenges fueled by the COVID-19 pandemic have demonstrated how transportation partners with integrated, flexible offerings can keep the supplychain flowing.
And now on to this week’s logistics news. Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. export regulations led to supplychaindisruptions.
This year we have decided to lead with our predictions about the broader supplychain function – as supplychain itself has become such a hot topic in executive suites, corporate earnings, general news media, and even our own personal lives. SupplyChainDisruptions Will Diminish, but Remain Substantial.
Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supplychain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supplychaindisruptions, and shares the five steps needed to overcome today’s supplychain issues.
Descartes is a software-as-a-service provider of logistics solutions. In some logistics application areas, like global trade compliance , they are a market leader. Ryan provided the best, most succinct explanation of the supplychain crises I have seen. So, there was supplychaindisruption.
” The US Department of Transportation (DOT) has mandatory drug tests that any safety-sensitive employee must complete. And now on to this week’s logistics news. A sign that says “Drug Testing Ahead.” One drug that seems to be missing from the DOT’s list is fentanyl.
Last mile logistics remains a confusing part of the modern supplychain. While initially perceived as relatively simple, last mile logistics are much more critical than many shippers realize. Combined with the substantial growth of e-commerce, last mile logistics are also growing in terms of costs.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Midwest U.S. Southwest U.S.
And now on to this week’s logistics news: Amazon’s record-breaking Prime Day Resilinc Releases list of top supplychaindisruptions for H1 2023 Department of Labor announces warehouse workplace hazard prevention program China’s exports record biggest decline in more than 3 years Union, employer reach tentative 4-year deal to end B.C.
The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. Managing the expectations of stakeholders and preserving the bottom line, is crucial to handle uncertainty and sustain supplychain stability. When planning and ordering supplies, now needs to encompass a wider scope of considerations.
There’s always a lot at stake in supplychain management. Today’s unprecedented supplychaindisruption challenges have led to executives looking for new ways of managing their supplychains, not just for today, but to prepare for future unpredictability.
But in terms of transportation, the impacts won’t just be on fuel prices. FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. While rising gas prices drive up the price of transportation, rising natural gas prices also affect global supplychains.
The good news is that the supplychain industry has finally “got religion” about digital transformation technologies — an important silver lining after two years of seismic supplychaindisruptions. Yet end-to-end supplychain visibility continues to be a challenge, for many reasons.
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