Data and analytics have redefined the way we compete. Data is a critical corporate asset that organizations are starting to monetize in new ways to get ahead of their competition. The bottom line? Companies that leverage data to drive the performance of their organization's decisions are winning at a faster rate than their competition.
Perhaps the most overworked word in the supply chain management lexicon is "visibility." Yet it's difficult to overstate the importance of a view into what's going on in the supply chain. After all, you can't source, make, move, store, deliver, measure or improve what you can't see. At the same time, the value of supply chain visibility is lessened if it isn't comprehensive — encompassing the supply chain from one end to the other, from upstream to downstream.
In line with the hyper growth of e-commerce activity there, Amazon is expanding its operations in India by adding seven new fulfillment centers. MoneyControl.com reported that Amazon India plans to invest $5bn in its facilities by the end of June.
China launched its first aircraft carrier built entirely on its own last week, in a demonstration of the growing technical sophistication of its defense industries and determination to safeguard its maritime territorial claims and crucial trade routes.
Import volumes at major container ports in the U.S. are projected to rise 4.7 percent in the first half of 2017 compared with the same period a year ago, and many ports are reporting growth.
Airfreight rates ticked back up again in March, up $0.21 per kilogram, or 6.7 percent over March 2016, as the industry moved out of a seasonal decline in rates that generally follows the holiday surge.
Pirates have returned to the waters off Somalia, but the spike in attacks on commercial shipping does not yet constitute a trend, senior U.S. officials said last week.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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