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Supply Chain Commentary:
Freight Transportation in the Wake of Hurricane Harvey
Harvey’s impact is being felt throughout the Southwest as transportation spot market pricing is expected to spike. The consumption of transportation resources through the combined effects of idling labor, equipment damage, and relief efforts will have ramifications for many months. In the wake of Hurricane Katrina in 2005, spot market pricing jumped 20 percent and […]
Read MoreWhat Retail Apocalypse?
Retailers Open 4,000+ Stores in 2017
U.S. retailers are opening 4,080 more stores in 2017 than they are closing and plan to open more than 5,500 more in 2018, according to a new report from research and advisory firm IHL Group. The report, Debunking the Retail Apocalypse, was released on August 30, 2017. The research reviewed more than 1,800 retail chains […]
Read MoreThe Key to Seamless Order Fulfillment: Combine the Digital with the Physical in EDI and 3PL Outsourcing
Consumers today have been conditioned to purchase anything from anywhere in the world and expect to have it delivered within two days at no cost. For suppliers, meeting the expectation is a tough order to fill. Retailers are continually seeking to manage their suppliers better, improve product availability to consumers, streamline replenishment, and reduce stock-outs […]
Read MoreAmazon Closes Whole Foods Acquisition: 3 Experts Weigh In
Amazon’s acquisition of Whole Foods Market closes today August 28, 2017, and the deal’s impact will be felt immediately. Whole Foods Market will offer lower prices starting today on a selection of best-selling grocery staples across its stores, with more to come. In addition, Amazon and Whole Foods Market technology teams will begin to integrate […]
Read MoreThe Next Transformational Technology for Terminal Operations: Simplified and Integrated Systems
The terminal operations sector we serve is in constant motion. The tools and systems necessary to run marine and rail facilities are vast and disparate. Once upon a time, if one of those systems failed, you’d pick up a clipboard, record the tasks, and calculate deltas. When everything was back up and running, you’d sit […]
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Digitally Transform Your Supply Chain Today
Straightforward digital transformation solutions can deliver immediate results and reduce business inefficiencies.
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Is Ransomware Holding Global Trade Hostage? Here’s How to Safeguard Your Supply Chain
In June 2017, another major cyberattack targeted several large multinational corporations. The malware Petya (or NotPetya or Nyetya) was able to breach dozens of Russian and Ukrainian companies, including Russian oil and gas giant Rosneft, as well as leading global businesses across multiple industries. This time, two giants in the logistics industry, Maersk and FedEx, […]
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Under Contract
Key takeaways from TI’s Global Contract Logistics 2017 report: The global contract logistics market grew by 3.9 percent in 2016, up from 3.7 percent in 2015. Asia Pacific has overtaken Europe as the biggest market for contract logistics. Seven of the 10 largest markets grew at a slower rate than in 2015. The market is […]
Read MoreGlobal Business Leaders Feel Effects of a Riskier World
Nearly three quarters (72 percent) of business leaders in companies in Canada and around the world say their companies are increasingly impacted by risk and they believe we are living in a riskier world. That’s according to the BDO Global Risk Landscape Report, which surveyed 500 C-suite leaders, board and audit committee members from all […]
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U.S. Online Shoppers Click With International Retailers
Nearly half of avid U.S. online shoppers bought items from international retailers, demonstrating the need for retailers to offer more personalized services as a way to compete against lower prices, according to UPS’ sixth annual Pulse of the Online Shopper study. Almost all avid U.S. online shoppers (97 percent), made purchases on marketplaces, up 12 […]
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Global Supply Chain Suffers Disruptions Amid Diplomatic Crisis
Disagreements in the Middle East left the supply chain reeling as Saudi Arabia, Egypt, United Arab Emirates (UAE), Bahrain, Libya, and Yemen cut political and business ties with Qatar and accused the small Middle Eastern nation of supporting radical Islamic terrorism in the region. As part of efforts to sever contact, the countries shut down […]
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Could Self-Driving Ships Become Reality by 2020?
"This is happening. It’s not if, it’s when. The technologies needed to make remote and autonomous ships a reality exist." So said Oskar Levander, vice president of innovation for Rolls Royce, at Amsterdam’s Autonomous Ship Technology Symposium in 2016. He wasn’t wrong about the technology, considering the United States and China already have unmanned naval […]
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Supply Chains Double Down on Climate Change
President Donald Trump pledged to withdraw the United States from the Paris climate accord, but stakeholders involved with the American supply chain—often supportive of the President’s business-friendly policies—aren’t so ready to fall in line this time. Rather than push American businesses away from sustainable initiatives, many companies seem to have reaffirmed their commitments. A few […]
Read MoreManufacturing, Logistics Grew Dramatically Over Last Generation
Contrary to public perception, U.S. manufacturing and logistics experienced dramatic growth over the past generation, says a study by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana. U.S. manufacturing production grew 11 percent since the 2000-2003 dot.com bust and ensuing economic turbulence of the 2001 and 2007-2009 recessions, reports Manufacturing […]
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Retailers Struggle to Control Fulfillment Costs
Walmart’s recent announcement that it is testing a delivery system where its associates will deliver online orders to customers’ doors makes sense in light of a new study by Radial, in partnership with EKN Research, which finds the average cost for a company to fulfill an order is 70 percent of the average order value. […]
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Amazon Files Patent To Parachute Packages
Amazon teased consumers with drone delivery during a 2017 Super Bowl commercial, though the ad bore a disclaimer: "Prime Air is not available in some states (or any really). Yet." Back in December 2016, Amazon made its first successful customer delivery in a trial area in the United Kingdom; in March 2017, the online retail […]
Read MoreSupply Chain Commentary: Grocery Retailers Need to Embrace Digitization Now
The grocery industry is entering a new stage in its evolution – a transformative stage that may cause some of the major players to lose competitive ground or, worse, impact their very existence. There is no secret here. Everyone can see what is about to happen to grocery retailers, because it already happened to other […]
Read MoreFreight Management and Route Optimization: A Critical Combination
There are significant opportunities for fleets to improve their operational efficiency with a combination of freight management and route optimization. The definition of freight management has transitioned over time, but whether your primary method of transport is via a freight broker, third-party integrated logistics provider, or your own private fleet, the problem is generally the […]
Read MoreMaking Sense of the $13B SCM Software Space
Gartner’s recent report that the supply chain management (SCM) software market will be worth more than $13 billion in the U.S. by the end of 2017 has likely turned many heads – both within the manufacturing and supply chain spaces, as well as with external audiences. In reality, this news that expenditures in this space […]
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