Liner shipping service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
To hear some tell it, the world will soon be abuzz with small drones that inspect bridges, monitor pipelines, survey crops and help assess damage for insurance claims.
For many manufacturers and distributors, a seamless supply chain of highly efficient and tightly integrated business processes sharing a single unified source of accurate real-time data seems an unachievable goal. That's not surprising since such organizations are struggling to gain control over their entire supply chain using a mix of disparate systems that fail to fully mesh with one another creating silos of outdated and unreliable information.
The 2014 retail landscape could be characterized as bipolar, according to the 5th Annual State of the Retail Supply Chain Report from Auburn University and the Retail Industry Leaders Association.
Global branded packaging company r-pac International Corp. has commercially released an ultrahigh-frequency RFID cap tag for tracking inventory and authenticating bottled or foil-wrapped products. The tag was developed to take advantage of foil wrappers, as well as the fluid stored in a bottle, in order to extend the read range up to 15 feet or more. The product is said to be ideal for bottled spirits and wines.
The University of Miami's School of Business Administration has developed a mathematical model for price optimization and customized negotiation support.
Today's supply chains form the arteries and veins that keep global trade alive, connecting a largely borderless, always-on world economy. New innovations offer disruptive possibilities for the future of global trade. It's easy to hypothesize that Star Trek-style teleportation, drones, 3-D printing, and space logistics, will change trading. But the biggest shift to the supply chain will see it digitally connected and becoming part of the Internet of Things.
Despite positive growth momentum, the container shipping industry continues to suffer new, big ship deliveries with no let-up to the ordering frenzy according to the Container Forecaster, published by Drewry Maritime Research. Drewry forecasts another year of excess growth in relation to demand in 2015. This will make it harder for carriers to repeat the estimated 92 percent load factors across the main headhaul East-West trade lanes achieved in 2014.
Retailers and consumer goods manufacturers are spending an enormous amount of money, energy and time to improve their omnichannel sales capabilities, yet a JDA report reveals an unexpected and disturbing fact: despite these significant investments, only 16 percent of companies say they can fulfill omnichannel demand profitably today. Retailers and consumer goods manufacturers are spending an enormous amount of money, energy and time to improve their omnichannel sales capabilities, yet a JDA report reveals an unexpected and disturbing fact: despite these significant investments, only 16 percent of companies say they can fulfill omnichannel demand profitably today.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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