Articles

Logistics

4 Ways Procurement Will Evolve in 2023
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4 Ways Procurement Will Evolve in 2023

It may be easy for procurement professionals to have a dampened outlook for 2023 due to ongoing supply chain disruption and a potential recession looming. Despite these market conditions, there remains cause for optimism, as procurement leaders uncover opportunities to help their organizations navigate bumps in the road.

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Collaboration and Connectivity Have to Come Before Technology
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Collaboration and Connectivity Have to Come Before Technology

Supply chain disruptions are at an all-time high, so it’s no surprise that technology designed to solve problems is plentiful. It should be. With pressure on everyone in the supply chain, we need tools like digital bookings, automated invoicing, and instant integration of data into transportation management systems. Let’s give thanks for technology, because nine times out of 10, it makes a difference.

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Electronic Data Interchange: Definition, Process, and Benefits
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Electronic Data Interchange: Definition, Process, and Benefits

The use of technology is rapidly increasing in many industry sectors worldwide, including logistics. Technologies such as cloud computing and IoT devices have enabled logistics companies to access real-time data and improve the coordination of their operations. One key improvement area is how Electronic Data Interchange (EDI) is used in logistics operations. This technology has […]

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Logistics Optimization: Importance, Process, and Optimization
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Logistics Optimization: Importance, Process, and Optimization

Supply chain management refers to all the steps necessary to ensure goods reach their destinations. Consumer expectations have increased steadily, requiring companies to operate supply chains as effectively as possible to meet the demands of commerce. Logistics optimization is a strategy that companies implement to meet the growing demand for fast and efficient supply chain […]

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Supply Chain vs. Logistics: Definitions, Similarities, and Differences
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Supply Chain vs. Logistics: Definitions, Similarities, and Differences

As companies continue to grow, it is important to understand the differences between supply chain and logistics. Although related, the two have distinct attributes that can substantially influence how businesses manage their activities.  This article explores supply chain vs. logistics – what they mean, how they differ from each other, and the integration opportunities. The […]

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NOTED: Supply Chain Highlights
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NOTED: Supply Chain Highlights

Good Works J.B. Hunt Transport Services awarded $55,000 to 55 classrooms as part of its Adopt-a-Class program, which provides schools with resources to obtain learning supplies and other essentials. Atlanta-based Americold and Feed the Children worked with the Mayor’s Office of International and Immigrant Affairs-Welcoming Atlanta to distribute 8,000 ready-to-eat meal kits to students throughout December […]

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VERTICAL FOCUS: Pet Supplies
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VERTICAL FOCUS: Pet Supplies

Biofuels: A Pet Peeve A proposed EPA rule has the pet industry howling. The rule would establish required Renewable Fuel Standard (RFS) volumes and percentage standards for 2023, 2024, and 2025 (see chart). The EPA also recommended a series of modifications to strengthen and expand the RFS program. The pet food industry’s response was swift […]

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Inbound Logistics: Definition, Examples, and Process
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Inbound Logistics: Definition, Examples, and Process

Logistics is an essential aspect of any business, as it involves planning, organizing, and managing the flow of goods, services, and information from the point of origin to the point of consumption. It encompasses the entire process of sourcing raw materials, assembling products, and delivering finished goods to customers. Logistics can be divided into two […]

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Logistics Planning: Definition, Types, Importance, and Strategies
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Logistics Planning: Definition, Types, Importance, and Strategies

Have you ever been to a business that looked neat and orderly at first glance, but behind the scenes it was a different story? It’s easy to present as a well-oiled machine in the front office, but if you neglect business processes at other levels, you’re in trouble. Logistics planning can help you fire on […]

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Waste Eats Away the Bottom Line
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Waste Eats Away the Bottom Line

Overproduction and waste may push margins in the wrong direction. A recent Avery Dennison report finds that 8% of stock perishes or is discarded before it reaches consumers–inventory losses worth up to $163.1 billion or 3.6% of annual profits. Of the 8% waste, slightly more than half (53.8%) is lost in the supply chain before products reach store shelves.

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