This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Robinson (CHR), the world’s largest provider of truckload transportation services, visited MIT CTL recently to give his view of the changing face of logistics. Most people thought of transportation as a part of their overhead.” Here are some highlights from his talk. New benchmarks for excellence.
Our program engages our 20 top corporate partners to develop projects across a wide variety of different areas, including market intelligence, logistics, inventory, value stream mapping, cost management, supply management, transportation, performance metrics, and others (see Project Breakdown ,).
People need to have metrics that drive transparency on events both in the short-term, but that also provide input into broader strategic decisions, such as longer-term needs for capacity, or even slowdowns that translate to postponing major capacity investments.
Outsourcing accounts for 54% of shippers’ transportation spend and 39% of warehouse operations spend. As found in past Annual 3PL Study surveys, transactional, operational, and repetitive activities such as transportation, warehousing, and freight forwarding tend to be the most frequently outsourced.
One prominent speaker was MIT Professor Yossi Sheffi, Director of the MIT Center for Transportation and Logistics , who specifically addressed advanced AI’s impacts on supply chain processes and future decision-making. He described a good news situation where supply chain graduates are garnering multiple job offers right now.
In supply chain collaboration efforts, both participants should use the same performance-management system. By building common metrics and targets and jointly monitoring progress – companies avoid the misaligned incentives that damage so many collaboration efforts. 3) Manage the transformation. Lower out-of-stock levels.
That view is confirmed by new industry research from Eye For Transport (EFT) that shows that LSP customers are looking to gain more value from their service providers and, in fact, want to engage with their LSPs more strategically than ever before. A New Generation of Talent. Innovation Helps Grow Your Business. While only 14.2%
Many of the panelists discussed the ongoing talentmanagement or brain drain challenges of supply chain management. Technology can assist in such efforts in providing the ability to generate different planning scenarios weighted for different levels of service or cost risk, as well as impact to business financial metrics.
While still in the early stages of development, the emerging technology will instantly transport an item once it is picked at a warehouse or store to your living room. million metric tons of carbon dioxide equivalent in 2022, down 0.4 And now on to this week’s logistics news. The Seattle-based giant emitted 71.27
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content