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Supply Chain Commentary: Taking the First Steps to Digitizing Your Supply Chain
The clarion call to digitize the supply chain is louder than ever before. In order to meet consumer demands and gain competitive advantage, shippers are retooling their supply chains to be more agile, efficient, and transparent. But where do you start? What steps can you take today? And how can you use existing IoT analytics […]
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Meet a New Breed of Procurement Professionals
In a workforce being transformed by the rise of the gig economy and industry restructuring, what attitudes and behaviors do procurement professionals need to climb the career ladder? The first global survey from Procurious.com reveals some answers. From developing vital mentoring relationships, to building social media profiles that have eclipsed the importance of resumes, to […]
Read MoreSimplifying Trade Complexity
Global trade professionals experienced a great deal of disruption during 2017, with trade agreements being canceled and renegotiated, regulatory enforcement on the rise, the timeline for Brexit approaching, political instability a growing concern, and more. Networks that had been relatively stable for years are now in flux. To respond to these global market forces, companies […]
Read More7 Common Warehouse Problems & How to Solve Them
Some common warehouse problems don’t get the attention they deserve. This is usually because the work needs to get done as soon as possible, leaving little time to step back and look at the big picture. Let’s dive into seven of the most common warehouse challenges and explore potential solutions to help make your warehouse […]
Read MoreManufacturing IT: Investing for the Future
A continuum of change and digital transformation is swirling within the manufacturing industry and global economy. In this fluid environment, it can be tough for manufacturers to nail down IT planning stategies. IDC’s FutureScape: Worldwide Manufacturing 2018 Predictions can help. The study provides manufacturers the following 10 predictions and underlying drivers expected to impact technology […]
Read MoreGet Your Supply Chain Up to E-Commerce Speed
It’s hard to go more than a day without reading about a new startup or outside party looking to “digitize” the supply chain or logistics process. While some logistics companies such as freight forwarders are automated and use software packages based on EDI or newer cloud-based technologies, if the output of your technology is nothing […]
Read MoreSupply Chain Insight: What Do Young Supply Chain Professionals Want from their Career?
Today, the supply chain faces a unique challenge. According to the 19th Annual Third-Party Logistics Study, 60 million employees are exiting the supply chain industry, with only 40 million people joining the industry to fill the gap. So, how do we recruit and retain the young talent our industry needs to thrive? This is a […]
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Santa’s Highly Inefficient Christmas Journey
Christmas, Inc. has a problem. And the blame rests squarely on the ample lap of its Chief Everything Officer, Santa himself. By failing to implement automated routing and scheduling software for his yearly 75-million-mile Christmas journey, we estimate Santa is adding 15 million excess miles and 5 extra hours to his 24-hour trip. We know […]
Read MoreHow E-Tailers Can Reduce Return Rates for Large Items
Merchandise returns are a drain on profits in any industry, but especially for large-format items such as furniture or appliances. E-tailers face additional challenges when dealing with returns compared to local retail outlets, both due to higher transportation costs and the lack of the face-to-face and hands-on experience for the customer. The decision to return […]
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TMS Systems Have Changed Dramatically. Your Buying Process Should Too.
To say that transportation logistics has changed a lot in the last decade would be the understatement of the…well, decade. From the impact of omni-channel to complex routing needs and the demand for lightning-fast integrations, a transportation management system (TMS) can help you manage these challenges and give you a competitive advantage. At its core, […]
Read MoreProduct Spotlight: Forklifts
Raymond 8250 AC Walkie Pallet Truck Powered by a lithium-ion power pack from battery maker Brammo, Raymond Corporation’s 8250 instantaneously sends and receives communication between truck and battery pack. An onboard battery management system lets the user schedule charge times, notifies the user when charging is required, and monitors charging and usage. Driven by […]
Read MoreSupply Chain Commentary: What Does the Share Economy Mean for Manufacturers?
The rise of the share economy – a wave of “non-ownership” spurred by companies like Uber and Airbnb – has been gaining steam for years, and it certainly has a hold on the millennial generation. Things that used to be considered status symbols, such as home ownership and multi-car garages, have gone to the wayside […]
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K Line, Agunsa Drive KAR
To leverage rising automotive import traffic in Latin America, particularly in Chile, multinational logistics agency Agunsa has partnered with Japanese shipping firm “K” Line to create a dedicated automotive logistics company. The new company, KAR Logistics, offers integrated transportation services as well as warehousing, customization, pre-delivery inspection, and spare parts services. Its target is automotive […]
Read MoreCan Your Supply Chain Keep Up With Technology?
New technology has rapidly impacted our everyday lives. Consumer technology advances are having a profound impact on the art of supply chain management, requiring constant evolution and rethinking of the way products are marketed, sold, produced, and delivered. The Tesla Effect In the automotive industry, customers will soon expect to be able to configure their […]
Read MoreDo Buy, Says Dubai
E-commerce is booming and everyone wants a piece of the pie, including Dubai . The country recently announced its first free trade zone dedicated to e-commerce in the MENA region: Dubai CommerCity, a multi-million-dollar, 2.1-million-square-foot complex that is a joint venture between Dafza and Wasl Asset Management Group. The project is designed to promote Dubai’s […]
Read MoreAddressing Expedited Delivery Expectations
Amazon and other large retailers set customer expectations by offering expedited delivery at low or no cost. Retailers of all sizes must compete on the same turf, yet lack the negotiating power that could net meaningful discounts with commercial carriers. And private carriers often assess charges such as delivering to a residential address, penalties for […]
Read MoreLeveraging Supply Chain Automation to Meet This Year’s Holiday Shopping Demands
Businesses face an increase in order volumes as shoppers stock up for the holidays. According to Deloitte’s annual retail holiday sales forecast, sales are expected to rise 4 to 4.5 percent from 2016. At the same time, online sales are predicted to reach $111 to $114 billion as more customers move away from brick-and-mortar shops […]
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Assessing U.S. Shipments and Spend
A tighter truck market, increase in national shipments, and accelerated factory output are among the highlights of the Q3 2017 U.S. Bank Freight Payment Index, which measures quantitative changes in shipment and spend activity (see chart) based on data from transactions the company processes. Highlights include: An 8.3-percent jump in U.S. Bank’s national spend index, […]
Read MoreIndustrial Companies Map Data Gap
Eighty-four percent of industrial companies face a disconnect between data from connected devices and strategic decision making and operations, limiting the Internet of Thing’s (IoT) digital transformation potential, according to a research study conducted by IFS, a global enterprise applications company. Only 16 percent of survey respondents consume IoT data in enterprise resource planning (ERP) […]
Read MoreA Resurgence in Trucking Investments Presents Opportunities for Shippers
Economic indicators and data reports suggest the economy is strengthening, which should continue to promote business confidence through the remainder of 2017. The second quarter 2017 U.S. GDP report indicated that expenditures grew by 3.3 percent, led by an 8.9-percent gain in durable goods spending. With increasing expenditures for durable and non-durable goods, manufacturers, retailers, […]
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