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Economic Nationalism Challenges Global Supply Chains
Sixty-six percent of manufacturers responding to a new survey of global senior supply chain decision makers by software company LLamasoft say they would change their supply chains in order to tackle economic nationalism. In addition, 50 percent of respondents say economic nationalist policies will increase operational costs, and 45 percent are considering alternative suppliers, representing […]
Read MoreThe Fastest Growing 3PLs Spell Success “C-L-O-U-D”
Third-party logistics (3PL) companies have it tough. Not only do they need air-tight control of their data, 3PLs need to prove to customers that their data is safer than Fort Knox. In today’s world where one person in a black hoodie sitting at a coffee shop can do more damage to a business than a […]
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Trade Wars, Cyber Threats Top Maritime Concerns
The global maritime industry is cautiously optimistic about the global business environment for world trade, but also concerned about the potential impact of trade tensions, cyber security, fuel costs, and other headwinds to industry recovery. Those are the findings of a new benchmark survey developed by the Business Performance Innovation Network, in partnership with Navis. […]
Read MoreHow the Cloud Creates Cost Savings—and Tax Benefits
Embrace the Flow of Innovation Modernizing your distribution business isn’t just about adopting the latest and greatest technology. From seamless scalability to cost-efficiency to tax benefits, the right solutions can pave the way to significant results. The cloud has introduced new levels of convenience, accessibility, and ease-of-management to enterprises everywhere. From any web-connected device, workers […]
Read MoreAccuracy and Time Savings Through AI-Driven Forecasting
Despite a wealth of available solutions and methods, retailers still struggle to produce accurate and timely demand forecasts. Existing challenges are further complicated by the idea of unified commerce, as shoppers choose from a variety of more convenient fulfillment options. There are adverse effects throughout the supply chain resulting from inaccurate forecasts, but today’s retailers […]
Read MoreU.S. Infrastructure Investment: A Private Matter?
Leasing America’s largest existing toll roads, bridges, airports, seaports, water and wastewater facilities, and university parking systems to private partners could generate $720 billion to $885 billion for state and local governments to spend on new infrastructure projects, finds a new Reason Foundation study. Leasing the 61 largest U.S. airports to private partners could generate […]
Read MoreBuilding a Global Experience Through Connected Service
The Internet of Things (IoT) is bringing a new level of connectivity that is evolving the forklift service call and changing how companies approach equipment maintenance. Today’s connected service technicians, armed with new technology and increased connectivity, are helping to make service calls smarter and more proactive. As more data is gathered on forklift performance […]
Read More5 Ways a WMS Can Cut Supply Chain Costs
The right warehouse management system (WMS) can improve efficiency and cut supply chain costs. TECSYS, a supply chain management solutions provider, offers the following tried-and-true strategies. 1. Automate manual processes. Find every opportunity to automate repeatable and time-intensive activities, especially those prone to error. An electronic pick list is a good place to start. A […]
Read MoreVR Training Combats Trucking Industry’s Critical Driver Shortage
To many of us, truck driving and virtual reality (VR) using simulation are at the opposite end of the technology spectrum. However, VR using proper simulation is the solution to a major problem that exists in the world of trucking and freight movement.
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Mail Merge: China Post, Lufthansa Enter Capacity Agreement
With the goal of jointly building a more stabilized and comprehensive channel of air mail transportation connecting China and Europe, China Post Group Corporation, the official postal service of the People’s Republic of China, and cargo airline Lufthansa Cargo are partnering on a strategic capacity agreement that adds one Boeing 777 freighter on the Shanghai-to-Frankfurt […]
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Next-Generation Innovations: Digital, On Demand, Always On
Manufacturing and supply chain professionals face many challenges but, according to the 2018 MHI Annual Industry Report, Overcoming Barriers to NextGen Supply Chain Adoption, the top ones are increasing customer demands on supply chains (73 percent) and hiring qualified workers (64 percent). Eleven technologies are working together to create next-generation supply chains that can meet […]
Read MoreA New Combined Approach to Labeling and Artwork Management
Companies have struggled for many years to manage the growing complexities of their supply chains and go-to-market packaging content. Labeling has become more complicated as data requirements continue to expand, and Artwork Management has been challenged to meet an increasing number of demands on a global basis. Additionally, labeling and Artwork Management both face challenges […]
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A Dunk in Your Trunk
“In-car delivery is another smart move by Amazon in its efforts to become an omnichannel retailer. Frankly, I believe this is a much better option than the in-home delivery offering. Letting someone into your home when you are not there strikes most shoppers as ‘creepy.’ Letting a stranger put your purchases into the trunk of […]
Read More3PLs Tech It to the Limit
Third-party logistics (3PL) providers are investing heavily in technology to deliver the freight visibility and business intelligence shippers increasingly require, reports the 2018 Freight Visibility Report from the Transportation Intermediaries Association (TIA), the organization representing the $185.7-billion third-party logistics industry. Among the key findings of the TIA report: The delivery options that allow 3PLs to […]
Read MoreHoliday Cargo Theft Q&A with Scott Cornell of Travelers
To learn more about holiday cargo theft, Inbound Logistics spoke with Scott Cornell, transportation business lead and crime and theft specialist at Travelers. Why is cargo theft more prevalent over the holiday season? With so many gifts being ordered, this time of year is holiday season for the bad guys, too. More shipments out on […]
Read MoreWait Loss Program
The supply-demand dynamic in the trucking market is out of balance, even as more drivers enter the field. With tight capacity, carriers can pick and choose which shippers and facilities to work with. In order to remain competitive and have access to consistent and reliable supply, it is crucial for shippers to become a shipper […]
Read MoreDo You Need a Larger Customs Bond?
The answer could very well be yes, according to information provided by Tennessee-based transportation company Averitt Express. A lot of new tariffs have come into effect in 2018, and more are scheduled. These increases are substantial, and if they affect the goods your company imports, you are well aware of how this impacts your business […]
Read MoreGPA on Track for 4.3M TEUs
For Calendar Year 2018 through November, the Port of Savannah has handled 4 million twenty-foot equivalent container units, up from 3.72 million over the same period last year. Containers currently booked for December will add approximately 362,000 TEUs to the annual total.
Read MoreIs Process Killing the Customer Experience?
When a company decides to do something new, employees usually try several different ways of carrying out the activity. But once they have found a way that works particularly well, they have strong incentives to lock into the chosen process and stop searching for alternatives. Fixating on a single process frees people’s time and energy […]
Read MorePlastics Supply Chain Turns Off the Tap
HP Inc. and IKEA are joining the NextWave Plastics global consortium—a collaborative initiative that brings together leading companies to "turn off the tap" of plastic entering the ocean. The goal is not only to scale their own ocean-bound plastics supply chain efforts, but to also extend across industries to make it commercially viable for all, […]
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