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Showing posts from June, 2022

SEKO’s Bourke assesses key global logistics trends and themes

In this podcast, Logistics Management Group News Editor Jeff Berman interviews Brian Bourke, Chief Growth Officer, SEKO Logistics. source https://www.supplychain247.comhttps://www.supplychain247.com/article/sekos_bourke_assesses_key_global_logistics_trends_and_themes

Key Takeaways and Reflections from the Gartner Supply Chain Symposium/Xpo Americas

The most successful supply chain leaders are designing business and technology strategies around mitigating risk and navigating uncertain environments with agility, and above all this, the most widely talked about topic for the event was sustainability. source https://www.supplychain247.comhttps://www.supplychain247.com/article/key_takeaways_and_reflections_from_the_gartner_supply_chain_symposium

Shared Truckload Freight Increases Carrier Revenue by 20%

Carriers can earn an additional $200 per day by hauling shared truckloads. source https://www.supplychain247.comhttps://www.supplychain247.com/article/shared_truckload_freight_increases_carrier_revenue_by_20_percent

Prioritizing Partials: Taking Midsize From Overlooked To Always Booked

In this whitepaper, we look at how the shipping industry overlooks partials more than any other load size, and how a new service option offers a different and more cost-effective solution - Shared Truckload! source https://www.supplychain247.comhttps://www.supplychain247.com/paper/prioritizing_partials_taking_midsize_from_overlooked_to_always_booked

Survey: warehouse workers see value in tech which helps them do their jobs

Lucas Systems' new ‘Voice of the Warehouse Worker’ study found that nearly 3 out of 4 (74%) on-floor workers said they would consider a pay cut at another company for an opportunity to use technology if it helps them in their job. source https://www.supplychain247.com/article/survey_warehouse_workers_see_value_in_tech_which_helps_them_do_their_jobs

Carolina Handling begins construction on new Atlanta facility

Raymond lift truck dealer and intralogistics solutions provider in Southeast building a new 82,508-square-foot facility in Fairburn, Ga., scheduled to open in early 2023. The new facility in South Fulton County will feature an expanded warehouse, state-of-the-art office and meeting space, and will offer close proximity to Interstate 85 and Hartsfield-Jackson Atlanta International Airport, according to Mike Gainor, executive vice president of sales. source https://www.supplychain247.com/article/carolina_handling_begins_construction_on_new_atlanta_facility

Intermodal and freight transportation expert Larry Gross discusses key industry issues

Larry Gross, president of Gross Transportation Consulting, provided LM Group News Editor Jeff Berman with an overview of key global logistics trends and themes, including Peak Season and the freight economy, among others. source https://www.supplychain247.com/article/intermodal_and_freight_transportation_expert_larry_gross_discusses_key_indu

Making the Move to a Transportation Management System Software-as-a-Service Platform

Making the Move to a TMS Software-as-a-Service Platform - Your guide to understanding the value and benefits of moving to a TMS SaaS now. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/making_the_move_to_a_transportation_management_system_software_as_a_service

4 Reasons Your Fleet Needs Video Technology

In this eBook, we explore some of the key advantages of implementing a video system in your fleet. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/4_reasons_your_fleet_needs_video_technology

Piece picking robots make their mark in logistics

These automated fulfillment systems are part of the latest wave of technology, and they are already scoring huge improvements in distribution efficiencies. Here are some best practices to make your own army of piece picking robots successful. source https://www.supplychain247.com/article/piece_picking_robots_make_their_mark_in_logistics

How Smart Dock & Yard Management Creates Sustainable Company Practices

It is 2022, and today, modern businesses use innovative yard management solutions as part of their supply chain strategy, and these solutions optimize warehouse and transportation management processes and reduce waste in transportation and labor costs. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_smart_dock_yard_management_creates_sustainable_company_practices

Roadrunner rolls out new direct lanes and transit time improvements

Downers Grove, Ill.-based Roadrunner, a national less-than-truckload (LTL) services provider, with a focus on long-haul metro-to-metro shipping, said it has added five additional direct lanes to its service network. And it also noted that it has improved transit times by at least one day in 66 of its major lanes. source https://www.supplychain247.com/article/roadrunner_rolls_out_new_direct_lanes_and_transit_time_improvements

FedEx posts strong fiscal fourth quarter and FY22 earnings gains

Quarterly revenue—at $24.4 billion—was up 8% annually, and operating income—at $1.9 billion saw a 7% annual increase. Diluted earnings per share—at $6.87—rose 27% annually, topping Wall Street expectations of $6.86. For the full fiscal year, revenue came in at $93.5 billion, for an 11% annual gain, with operating income at $6.87 billion. source https://www.supplychain247.com/article/fedex_posts_strong_fiscal_fourth_quarter_and_fy22_earnings_gains

KPI Integrated Solutions and Phononic partner on cold chain solutions for grocery ecommerce

KPI Integrated Solutions and Phononic, which provides actively cooled tote technology, partner to answer the demand for cold chain solutions for North American grocery retail and food industries source https://www.supplychain247.com/article/kpi_integrated_solutions_and_phononic_partner_on_cold_chain_solutions_for_g

Logistics Education and Career Development with SMC3’s Joe Tillman

In this podcast, LM Group News Editor Jeff Berman interviews Joe Tillman, manager of education programs for SMC3. source https://www.supplychain247.comhttps://www.supplychain247.com/article/looking_at_logistics_education_and_career_development_with_smc3s_joe_tillma

ATA, some economists cool on President Biden’s fuel tax ‘holiday’ proposal

President Biden said is proposed gas tax holiday alone is not going to fix the problem of record-high prices, but noted that it will provide families some immediate relief, give them a little bit of breathing room, in an effort to bring down prices for the long haul. source https://www.supplychain247.com/article/ata_some_economists_cool_on_president_bidens_fuel_tax_holiday_proposal

FedEx and FourKites Announce Alliance to Make Supply Chains Work Smarter

FedEx makes a strategic investment in FourKites, which FourKites will leverage to develop FourKites X to help transform global supply chains with volumes of data insights from both companies’ networks. source https://www.supplychain247.comhttps://www.supplychain247.com/article/fedex_and_fourkites_announce_alliance_to_make_supply_chains_work_smarter

Report indicates DSV has interest in acquiring C.H. Robinson’s Global Forwarding business

The report said that DSV is looking to expand in North America, adding that CHR’s global forwarding business would provide DSV with what it called critical access to trans Pacific ocean trade lanes, with the global forwarding business potentially having a $9 billion price tag. source https://www.supplychain247.com/article/repot_indicates_dsv_has_interest_in_acquiring_c.h._robinsons_global_forwar

Multi-Party Orchestration Platform

In this brochure, you'll find a guide to MPO's unified cloud platform for multi-party orchestration, including its rich and flexible solutions: Control Tower, Supply Chain Visibility, Digital Order Management, Transportation Management, Network Inventory Management, Returns Management, Spare Parts Management, and Supply Management. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/multi_party_orchestration_platform

Repot indicates DSV has interests in acquiring C.H. Robinson’s Global Forwarding business

The report said that DSV is looking to expand in North America, adding that CHR’s global forwarding business would provide DSV with what it called critical access to trans Pacific ocean trade lanes, with the global forwarding business potentially having a $9 billion price tag. source https://www.supplychain247.com/article/repot_indicates_dsv_has_interests_in_acquiring_c.h._robinsons_global_forwar

Is there a chance the national gasoline tax is going to take a break?

Now, there is talk about President Biden “considering a gas tax holiday to ease high fuel prices,” according to a New York Times report published this week. Were this to come to fruition, it would require Congressional approval. Given the current political climate, it could well be viewed as a longshot, to be fair. source https://www.supplychain247.com/article/is_there_a_chance_the_national_gasoline_tax_is_going_to_take_a_break

U.S. logistics business costs rise by 22.4% to $1.85 trillion in 2021, new report says

American supply chains are out of sync while adjusting to short-term changes in demands. But logisticians continue to seek long-term solutions to supply chain issues, an authoritative new report predicts. But the biggest headline from the 2022 State of Logistics (SoL) report unveiled today at the National Press Club in Washington shows that U.S. business logistics costs rose by a whopping 22.4% to $1.85 trillion last year. That represents 8% of 2021’s $23 trillion Gross Domestic Product (GDP). source https://www.supplychain247.com/article/u.s._logistics_business_costs_rise_by_22.4_to_1.85_trillion_in_2021_new_rep

Can Companies “Uber-ize” Their Way Out of Supply Chain Troubles?

Uber revolutionized passenger transportation by providing a third-party platform where consumers “compete” with each other for rides. Now, platforms that enable companies to “compete” for supply chain assets have emerged as a way to lower costs and increase efficiency through Amazon-like economies of scale. source https://www.supplychain247.comhttps://www.supplychain247.com/article/can_companies_uber_ize_their_way_out_of_supply_chain_troubles

May intermodal volumes see mixed results, reports IANA

Total May volume—at 1,554,844 units—were down 3.8% annually. Trailers—at 75,535—saw a 26.6% annual decrease, steeper than April’s 24.9% downward spread. Domestic containers—at 700,943—saw a 5.7% annual increase. All domestic equipment, which is comprised of trailers and domestic containers, rose 1.3%., to 776,478. ISO, or international, containers—at 778,366—saw an 8.5% decrease. source https://www.supplychain247.com/article/may_intermodal_volumes_see_mixed_results_reports_iana

POLA, POLB again push back consideration of container dwell fee to June 24

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021. source https://www.supplychain247.com/article/pola_polb_again_push_back_consideration_of_container_dwell_fee_to_june_24

Survey: supply chain organizations at public companies lead way in employing people of color

Joint survey from Gartner and the Association for Supply Chain Management (ASCM) found that at every level, representation of people or color is much higher when the company is publicly held, representing 35% of the overall supply chain workforce in publicly held companies and 13% of vice presidents. source https://www.supplychain247.com/article/survey_supply_chain_organizations_at_public_companies_lead_way_in_employing

Stressed-Out Supply Chain Managers Looking Elsewhere for Career Development

According to various reports, the separation rate increased by 28% last year, and supply chain ‘burnout’ spurred people to search for higher-paying jobs. source https://www.supplychain247.comhttps://www.supplychain247.com/article/stressed_out_supply_chain_managers_looking_elsewhere_for_career_development

ASCM’s 2022 Supply Chain Salary and Career Report

The 2022 Supply Chain Salary and Career Report show a bright outlook for those in the supply chain, with the salary gap narrowing for people of color and women at public companies, salary and compensation increases, and high job satisfaction. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/ascms_2022_supply_chain_salary_and_career_report

Exploring Solutions to Tackle Driver Wait Times

The Carrier, the Shipper, the Solutions Provider, and the Data Expert will come together to share their experiences and insights while answering Dooner's tough questions on why the supply chain is still in crisis mode. source https://www.supplychain247.com/article/exploring_solutions_to_tackle_driver_wait_times

C.H. Robinson points to ongoing progress on digital quote delivery and shippers’ cost savings

Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. Robinson (CHR) recently heralded significant progress it has made its delivery of digital quotes, for both over the past year and also the first quarter of 2022, at almost 2.7 million and 1 million, respectively, with the latter also marking a 54% annual gain. source https://www.supplychain247.com/article/c.h._robinson_points_to_ongoing_progress_on_digital_quote_delivery_shippers

MHS joins two conveyor industry groups to help address e-commerce, parcel market demands

The CEMA and CSS memberships aim to advance the segment after MHS expanded its equipment portfolio with the acquisition of the TGW U.S. Conveyors business last year, which now operates as MHS Conveyor source https://www.supplychain247.com/article/mhs_joins_two_conveyor_industry_groups_to_help_address_e_commerce_parcel_ma

May POLA and POLB volumes earn spots in the ports’ record books

Total May POLA volume—at 967,900 TEU (Twenty-Foot Equivalent Units)—was off 4.36% annually, while still marking its third-highest-volume month on record. And total May POLB volume came in at 890,989 TEU, down 1.8% compared to May 2021, but representing the second-highest-volume month in the port's history. source https://www.supplychain247.com/article/may_pola_and_polb_volumes_earn_spots_in_the_ports_record_books

GEODIS partners with KNAPP on fulfilment center automation project

New collaboration will deploy more than $80 million in advanced automation into two omnichannel fulfillment centers on behalf of a leading retailer, with phase one of the implementation expected to be complete in September of next year. The combined fulfillment centers are expected to move over 270,000 units per day across its total of more than 850,000 square feet of operations. source https://www.supplychain247.com/article/geodis_partners_with_knapp_on_major_fulfilment_center_automation_project

Uyghur Forced Labor Protection Act – This Is Going to Affect Your Global Supply Chains

Listen in as Rosemary Coates and Gabby Griffith, Director at BPE Global, and discuss the Uyghur Forced Labor Protection Act that goes into effect on June 21. source https://www.supplychain247.comhttps://www.supplychain247.com/article/uyghur_forced_labor_protection_act_this_is_going_to_affect_your_global_supp

U.S. retail sales are off slightly in May

Commerce reported that May retail sales—at $672.9 billion—were down 0.3% compared to April, while seeing an 8.1% annual gain. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to May retail sales being flat on a seasonally-adjusted basis compared to April and up 6.7% on an unadjusted basis annually. source https://www.supplychain247.com/article/u.s._retail_sales_are_off_slightly_in_may

How Trucking & Logistics Technology Plays a Role in Investing In Your Planet

With the UN climate summit imposing tighter regulations on GHG emissions, the clean energy tech market is booming, offering various promising solutions for companies striving to reach the vaunted “Net Zero” throughout their supply chain. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_trucking_logistics_technology_plays_a_role_in_investing_in_your_planet

How Smart Dock & Yard Management Creates Sustainable Company Practices

It is 2022, and today, modern businesses use innovative yard management solutions as part of their supply chain strategy, and these solutions optimize warehouse and transportation management processes and reduce waste in transportation and labor costs. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_smart_dock_yard_management_creates_sustainable_company_practices

May Cass Freight Index shows further continuation of freight shipment and expenditure trends

May’s shipment reading—at 1.235—fell 2.7% annually, which was steeper than April’s 0.5% annual decline. And May expenditures—at 4.287—were up 27.5% annually, in line with April’s 30.6% annual gain and continuing to be paced by major inflation gains. source https://www.supplychain247.com/article/may_cass_freight_index_shows_further_continuation_of_freight_shipment_and_e

National diesel average, for week of June 13, hits another record-high

The national average for the national average price per gallon of diesel gasoline came in at $5.718 per gallon, according to data published this week by the Department of Energy’s Energy Information Administration (EIA). source https://www.supplychain247.com/article/national_diesel_average_for_week_of_june_13_hits_another_record_high

ILWU and PMA expect labor negotiations to go past July 1 deadline

As negotiations continue between the International Longshore Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), with their current contract set to expire at the end of June, the organizations said in a joint statement issued today that “they are unlikely to reach a deal before the July 1 expiration of the current agreement.” source https://www.supplychain247.com/article/ilwu_and_pma_expect_labor_negotiations_to_go_past_july_1_deadline

U.S. House passes the Ocean Shipping Reform Act, with Biden set to sign it into law

Following its passage by the U.S. Senate in late March, the U.S. House of Representatives last night followed suit, passing the Ocean Shipping Reform Act (OSRA) of 2022 by a 369-42 margin. The bill is now headed to President Biden’s desk to be signed into law, and will represent the first revamping of U.S. ocean shipping laws going back to 1998. source https://www.supplychain247.com/article/u.s._house_passes_the_ocean_shipping_reform_act_with_biden_set_to_sign_it_i

Raymond celebrates 100 years of innovation

Raymond notes that it drives the industry to better solve supply chain challenges by optimizing, connecting and automating. Its celebration includes an event at its headquarters in Greene, N.Y., today, showcasing its pioneering history in lift trucks and other solutions. source https://www.supplychain247.com/article/raymond_celebrates_100_years_of_innovation

On National Forklift Safety Day, Mitsubishi Logisnext Americas launches forklift safety pledge

Company launches Safety Drives Us campaign to reinforce need for safe forklift operations. Additionally, for every pledge received from June 14 – 30, Mitsubishi Logisnext Americas will give back to the local community. source https://www.supplychain247.com/article/on_national_forklift_safety_day_mitsubishi_logisnext_americas_launches_fork

How to Solve the 5 Biggest EDI Challenges

This white paper addresses the five biggest Electronic Data Interchange/EDI challenges and offers solutions to counter them. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_to_solve_the_5_biggest_edi_challenges

Is Your Ecommerce Process For Order Management Really As Automated As Possible?

You may think your eCommerce business is as automated as possible, but there’s a chance you’re still missing out on order management efficiencies that you can take right to the bank, and ways to better serve your valued customers. source https://www.supplychain247.comhttps://www.supplychain247.com/article/is_your_ecommerce_process_for_order_management_really_automated

The Total Economic Impact™ of Esker’s Order Management Solution

Esker commissioned Forrester Consulting to conduct a Total Economic Impact™ study and examine the potential ROI that enterprises may achieve with Esker’s Order Management solution. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_total_economic_impact_of_eskers_order_management_solution

How to Find a Warehouse in 2022

With industrial real estate demand expected to far outweigh supply for a few more years at a minimum, finding new warehouse space can feel pretty intimidating. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_to_find_a_warehouse_in_2022

The Difference between Procurement & Supply Chain Management and Why the Two Should Converge

Many companies globally have kept the procurement and supply chain functions independent of each other, consequently, they have not been able to leverage the efficiency of merging the two. source https://www.supplychain247.comhttps://www.supplychain247.com/article/the_difference_between_procurement_supply_chain_management

GEP SMART™ Procurement Software + GEP NEXXE™ Supply Chain Software

GEP SMART™ is a unified procurement software platform built for procurement professionals by procurement experts, GEP NEXXE™ is an end-to-end supply chain management software solution. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/gep_smart_procurement_software_gep_nexxe_supply_chain_software

Automate 2022 Recap: Integration as the Future

The numbers for industrial robot sales in North America were strong for Q1, show host A3 reported at the start of the show, but it's integration with other types of robots and automation systems, not just expanded sales for industrial robots, that are shaping up as the keys to further growth and value. source https://www.supplychain247.com/article/automate_2022_recap_integration_as_the_future

Economic concerns always have a direct tie to logistics and the supply chain

Concerns over the state of the economy are front and center these days, to be sure. From a supply chain perspective, that tale is not too difficult to tell, at the moment, given record-high gasoline (specifically diesel) prices, inflation at 40-year highs, a cooling off on the demand front, ongoing challenges related to exports, and looming concerns over inventory levels, too. source https://www.supplychain247.com/article/economic_concerns_always_have_a_direct_tie_to_logistics_and_the_supply_chai

Why the case for computerized maintenance management systems (CMMS) is so black and white

Computerized maintenance management software is a tough one to argue against with continued pressure on materials handling equipment uptime and performance efficiency without interruption. In fact, it can make both maintenance and operations better. source https://www.supplychain247.com/article/why_the_case_for_computerized_maintenance_management_systems_cmms_is_so_bla

Made4net acquires Zethcon

Zethcon offers cloud-based warehouse management (WMS) software for the third-party logistics (3PL) market, while Made4Net is a global provider of cloud-based supply chain execution and warehouse management system (WMS) software for multiple end markets. source https://www.supplychain247.com/article/made4net_acquires_zethcon

UPS continues to ramp up vaccine distribution efforts

Atlanta-based global freight transportation and logistics services provider UPS remains highly focused on its Covid-19 vaccine distribution efforts, at a time when the FDA recently announced it expanded an emergency use authorization, for children ages 5-to-11, coupled with positive case numbers up in various parts of the United States. source https://www.supplychain247.com/article/ups_continues_to_ramp_up_vaccine_distribution_efforts

Flock Freight Honored For Its Terminal-Free, Carbon-Neutral Shared Truckload Technology

Flock Freight is ranked number 14 on the tenth annual CNBC Disruptor 50 List! source https://www.supplychain247.comhttps://www.supplychain247.com/article/flock_freight_honored_for_its_terminal_free_carbon_neutral_technology

U.S.-bound retail container imports remain strong, notes Port Tracker report

United States-bound retail container import volumes are expected to approach near-record volumes against the backdrop of retailers striving to meet ongoing strong demand levels and also hedging against potential West Coast port labor disruptions, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates. source https://www.supplychain247.com/article/u.s._bound_retail_container_imports_remain_strong_notes_port_tracker_report

Uber Freight and Waymo Via herald new strategic partnership

The companies said that the objective of the partnership is to connect their respective technologies and deploy autonomous trucks at scale on the Uber Freight network, while meshing Waymo’s autonomous driving technology with Uber Freight’s network and marketplace technology. source https://www.supplychain247.com/article/uber_freight_and_waymo_via_herald_new_strategic_partnership

How Toshiba Achieved a 99.3% Damage-Free-Shipment Rate While Reducing Costs

Find out how noted technology company Toshiba America Business Solutions is cutting costs and increasing customer satisfaction by switching from less-than-truckload, LTL, to shared truckload, STL. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_toshiba_achieved_a_99_damage_free_shipment_rate_while_reducing_costs

New Emerge offering focuses on data-driven decision-making for shippers

Entitled Emerge Benchmarking, the company explained that this Machine Learning (ML)-enabled product updates and aggregates freight industry data from “numerous trusted sources,” equipping shippers with real-time business intelligence and market insights, in order to quickly evaluate options and also make informed decisions. source https://www.supplychain247.com/article/new_emerge_offering_focuses_on_data_driven_decision_making_for_shippers

Kevin Fletcher, Kuehne + Nagel VP of Transportation, Discusses the Global Logistics Market

In this podcast, In this podcast, Logistics Management Group News Editor Jeff Berman interviews Kevin Fletcher, Vice President of Transportation. source https://www.supplychain247.comhttps://www.supplychain247.com/article/kevin_fletcher_kuehne_nagel_global_logistics_market

Shippers facing record fuel surcharges as carriers cope with sky-high diesel costs

Shippers coping with record-high fuel surcharges are advised by diesel supply experts to simply bear with it until more (and cheaper) crude oil is available, perhaps later this year but probably not until 2023. source https://www.supplychain247.com/article/shippers_facing_record_fuel_surcharges_as_carriers_cope_with_sky_high_diese

Q&A: Kait Parker, VP of LTL Operations, Coyote Logistics

Logistics Management Group News Editor Jeff Berman recently spoke with Kait Parker, VP of LTL Operations at Coyote Logistics, a Chicago-based transportation and logistics management and truckload freight brokerage services, and a subsidiary of freight transportation and logistics services bellwether UPS. Parker provided Berman with an overview of the less-than-truckload (LTL) market, from a few different perspectives, including rates, planning, and service, among others. source https://www.supplychain247.com/article/qa_kait_parker_vp_of_ltl_operations_coyote_logistics

May Services PMI falls but remains in growth mode, says ISM

The reading for the report’s key metric—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 55.9 (a reading of 50 or higher signals growth) was down 1.2% from April, matching the March to April decrease. The Services PMI showed growth, at a slower rate, for the 24th consecutive month, with services sector growth now remaining intact for 146 of the last 148 months through May, said ISM. source https://www.supplychain247.com/article/may_services_pmi_falls_but_remains_in_growth_mode_says_ism

Content set for Modern’s 2022 Virtual Summit: The Future is Now

On July 28, hear from thought leaders with Kenco, Gartner, JHedges Consulting, St. Onge Company, Commonwealth Supply Chain Advisors, VDC Research, and Interact Analysis, on advancements in areas including warehouse automation, robotics, and supply chain software. The free event is open for registration now. source https://www.supplychain247.com/article/content_set_for_moderns_2022_virtual_summit_the_future_is_now

May Services PMI falls but remains in growth mode, reports ISM

The reading for the report’s key metric—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 55.9 (a reading of 50 or higher signals growth) was down 1.2% from April, matching the March to April decrease. The Services PMI showed growth, at a slower rate, for the 24th consecutive month, with services sector growth now remaining intact for 146 of the last 148 months through May, said ISM. source https://www.supplychain247.com/article/may_services_pmi_falls_but_remains_in_growth_mode_reports_ism

Lineage Logistics announces acquisition of Turvo

Lineage officials said that this acquisition is an extension of the companies’ long-standing partnership, which includes a previous investment in Turvo by Lineage Ventures and also what they called a combined vision for supply chain collaboration. source https://www.supplychain247.com/article/lineage_logistics_announces_acquisition_of_turvo

Strategic Inventory Management: An Alternative to Safety Stock vs Just-in-Time

How can businesses today achieve and maintain high customer satisfaction without having an abundance of excess inventory sitting on their balance sheet? source https://www.supplychain247.comhttps://www.supplychain247.com/article/strategic_inventory_management_an_alternative_to_safety_stock_vs_jit

Transportation Trends and Best Practices: Many happy returns

Returns are a proverbial mess for all but the most accomplished retailers. Going forward, part of a company’s reputation and success will be a reflection of the sophistication and responsiveness of their reverse logistics strategy and processes. source https://www.supplychain247.com/article/transportation_trends_and_best_practices_many_happy_returns

What Will an Average E-Commerce Warehouse Like in 10 Years?

What will e-commerce warehouses look like in 10 years? Though predicting the future certainly has a margin of error, we can make educated forecasts about the future of warehousing. source https://www.supplychain247.comhttps://www.supplychain247.com/article/what_will_an_average_ecommerce_warehouse_like_in_10_years

Warehouse Automation: Why software is the star

As fulfillment centers and warehouses become more highly automated facilities with multiple types of automation, software’s role looms larger. Issues like coordinating multiple systems around cut-off times and service levels, as well as knowing when and how to scale automated systems to accommodate peaks in demand, are two leading reasons why. source https://www.supplychain247.com/article/warehouse_automation_why_software_is_the_star

Use Your 3PL to Help You Build a Resilient Supply Chain

The solution to resiliency can be summed up in one word: more, more visibility, more transparency among partners, more resources, more staff, more technology, and the list goes on and on. source https://www.supplychain247.comhttps://www.supplychain247.com/article/use_your_3pl_to_help_you_build_a_resilient_supply_chain

UPS Acquires Same-Day SaaS Delivery Management & Orchestration Technology Company Delivery Solutions

The acquisition provides customers access to carrier-independent, same-day delivery with plug-and-play options. source https://www.supplychain247.comhttps://www.supplychain247.com/article/ups_acquires_same_day_saas_delivery_management_orchestration_technology

ISM report highlights slight May manufacturing gains

The report’s key metric, the PMI, came in at 56.1 (a reading of 50 or higher indicates growth), for a 0.7% increase over March’s 55.4 reading, marking the 24th consecutive month of growth, at a faster rate, as well as the 24th consecutive month of overall economic growth. source https://www.supplychain247.com/article/ism_report_highlights_slight_may_manufacturing_gains

ISM report points to slight May manufacturing gains

The report’s key metric, the PMI, came in at 56.1 (a reading of 50 or higher indicates growth), for a 0.7% increase over March’s 55.4 reading, marking the 24th consecutive month of growth, at a faster rate, as well as the 24th consecutive month of overall economic growth. source https://www.supplychain247.com/article/ism_report_points_to_slight_may_manufacturing_gains

Cross-Border Update: Partnerships prove essential

Ever-shifting Customs regulations are causing shippers to stay on their toes. Our experts suggest partnering with experienced north-south carriers and Customs brokers in order to execute seamless cross-border moves in 2022. source https://www.supplychain247.com/article/cross_border_update_partnerships_prove_essential

Ocean Cargo: Carriers, shippers continue to navigate choppy waters

While there’s no single solution, our analysts suggest that shippers enhance their communication with ocean carriers, particularly by providing good forecasts of their shipment volumes and booking early so that planning of capacity and operations is improved. source https://www.supplychain247.com/article/ocean_cargo_carriers_shippers_continue_to_navigate_choppy_waters

Senate signs off on C-TPAT pilot program legislation

According to a summary of the bill from The Library of Congress, “it requires the Department of Homeland Security (DHS) to carry out a pilot program that assesses whether allowing certain entities to participate in the Customs-Trade Partnership Against Terrorism (C-TPAT) would enhance port security, combat terrorism, prevent supply chain security breaches, or otherwise meet the goals of the partnership. Such entities are non-asset-based third-party logistics providers that arrange international freight transportation and are licensed by the Department of Transportation.” source https://www.supplychain247.com/article/senate_signs_off_on_c_tpat_pilot_program_legislation

How to Navigate Significant Shifts When Upgrading Warehouse Software

Supply chains and warehouse operations are under a spotlight with many moving towards adding small- and large-scale automation solutions with software upgrades to match; identifying and navigating those changes is not easy but the right warehouse software platform and integrator can help make the shift seamless. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_to_navigate_significant_shifts_when_upgrading_warehouse_software