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Product 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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Young Professionals and Supply Chain: So Happy Together
The opportunity for interesting work, as well as development and advancement, top the list of requirements for young professionals, according to the 2018 CSCMP/Penske Young Professionals Survey of 300 supply chain professionals younger than 30. The average young professional responding to the survey has worked in the supply chain sector for about three years and […]
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U.S.-Cuba Trade: Where Do Sanctions, Sourcing, and Compliance Meet?
Between the changing diplomatic ties between the United States and Cuba, and expectations that the Trump administration will redraw U.S. policy toward Cuba, sanctions with the island nation are unclear. The country is still embargoed and for nearly all products, normalized trade has to overcome many hurdles. Shippers are watching Cuba closely, and analyzing market […]
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6 Strategies for Finding the Right 3PL Partner
RFP season is upon us. It’s the time of year when shippers request bids and plan their optimal logistics strategy for 2018. Shippers are increasingly involving 3PLs in the request for proposal (RFP) process for access to tens of thousands of pre-qualified carriers, industry expertise, and advanced logistics technology that provides supply chain visibility and […]
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Supply Chain Commentary: How to Reduce Supplier Inventory Costs
Managing supplier goods can be a complex process with multiple stakeholders. You have planning that drives forecast and production scheduling, and procurement that purchases materials based on forecasts. Operations oversees the flow of incoming goods and warehouse management receives inbound shipments. While the titles and roles may vary among organizations, the basic supplier workflow is […]
Read MoreChina Ups Delivery Service to the U.S.
Two leading express companies are joining forces to leverage their complementary networks, service portfolios, technologies, and logistics expertise. China’s Ministry of Commerce approved a planned joint venture between UPS and SF Holding, the parent company of SF Express. The agreement allows UPS and SF to collaborate on developing and providing international delivery services from, initially, […]
Read MoreHow AR Can Take the Sting Out of Seasonal Surge Training Costs
Every holiday season, warehouses expand their workforces two times or more to handle peak retail demand that can make or break the entire year. Time spent training and upskilling temporary employees is typically under two weeks for 90 days of work, while many warehousing organizations rehire a good portion of the same seasonal workforce year […]
Read MoreMore Temperature-Sensitive Medicines Moving by Ocean
Over the years, the ocean freight market has been fraught with capacity and wildly fluctuating rates. By 2016, the market underwent a series of consolidations including a bankruptcy of a major container carrier. In addition, rates fell to historic lows but began to recover towards the end of the year. Meanwhile, air freight rates remain […]
Read MoreDebt: A Rising Risk in Your Supply Chain
Of all the sources of risk supply chain managers face on a daily basis—cargo theft, natural disasters, long lead times, and unpredictable demand—none is currently at an inflection point quite like debt. This topic was addressed in a recent webinar by two leading authorities on corporate financial health: Dr. Edward Altman, Professor of Finance, Emeritus, […]
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Supply Chain Commentary: What Shippers Need to Know About Market Tightness
After a two-year slide in transportation prices, the logistics sector is experiencing capacity constraints and historically high and enduring truckload volumes. As we head into peak shipping season, rates have been rising significantly, particularly in the wake of hurricanes Harvey and Irma. Shippers can expect this trend to continue into 2018. The market isn’t likely […]
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