Trends in Shipping by Vertical: Retail, Wholesale & OEM Shipping for 2020

February 10, 2020 | 193 views

Global trends in shipping continue to evolve in the wake of uncertainty and risk. The recent outbreak of the Coronavirus threatens to undermine use of shipping options that would involve air freight between the U.S. and China, explains Wired. New hazmat regulations are taking effect in 2020. Retailers are trying to stay evergreen and compete with Amazon. The list of risks is endless, and the only way to really succeed will lie in understanding the trends in shipping by vertical and a few key sectors that require vigilance in the coming year.

Spotlight

Copenhagen Malmö Port

Copenhagen Malmö Port, CMP, is one of the largest port and terminal operators in the Nordic region and one of the largest cruise destinations in northern Europe. CMP is one of 83 European core ports, which are considered by the EU to be particularly significant for the development of new transport corridors in Europe.

OTHER ARTICLES
PROCUREMENT AND SOURCING, LOGISTICS

What’s the Latest on EV Charging Infrastructure in Rural Areas?

Article | August 8, 2022

Contents 1. Accessing The State and Federal Benefits 2. A Learning Portal to Educate Rural Communities On EV Charging 3. The Significance of an Equitably Relevant EV Charging Network Electric Vehicles (EVs) are making waves in cities and are more than just the latest trend in transportation. With the advancement of the EV charging network and its deployment across urban areas, experts are asking what’s next and how this growth can be replicated in rural areas. 1. Accessing State and Federal Benefits Based in Oregon, Forth is an EV research and advocacy group that recently announced a partnership with General Motors to build grant templates that can help rural communities win and access state and federal grant money to build EV charging networks. The templates will be provided free of charge and cover 80% of a complete grant. Geoff Gibson, the senior program manager for Forth, believes this will give rural communities the impetus to seek out the grant money and get over the initial hurdle of framing a grant proposal. 2. A Learning Portal to Educate Rural Communities on EV Charging Forth also announced the slated launch of a learning portal that will address the lack of know-how on deploying a charging program for EVs. The portal will empower communities with not just the knowledge of implementing charging programs but also their significance and long-term impact on the community. The learning portal will tentatively go live in 2023 and will be free for local communities, counties, cities, and states, as well as community organizations. The program will be accessible for a year and could be further extended. According to Steve Lommele from the Joint Office of Energy and Transportation, he reiterated the importance of building a national EV charging network. He states that this is the first time a major program has been put in place that covers all 50 states in the U.S., including Puerto Rico and Washington D.C. 3. The Significance of an Equitably Relevant EV Charging Network Deploying EV charging stations in rural areas has to be meaningful for the communities that will be using them. Forth’s Geoff Gibson emphasizes that the needs of the communities need to be given priority when designing the charging network. For instance, DC charging or charging that is publicly accessible should be preferred at trailheads. EVs as part of our transport in the future is inevitable and charging networks and program need to be prioritized to ensure all communities are able to access its benefits equally.

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SOFTWARE AND TECHNOLOGY, LOGISTICS

4 Ways of Using Advanced Analytics in Supply Chain Management

Article | July 16, 2022

The complexity of today’s supply chain has resulted in a highly fragmented supply chain ecosystem. Whether it is a global pandemic or an ongoing war, streamlining the moving parts in the supply chain management system is an immense feat in the current climate. The resulting shortage of materials, disruption of transportation, and delays have complicated the supply chain even further. Add to it the expectation to minimize expenses, optimize inventory, and enable quality and customer expectations, and stakeholders at every level of the supply chain are inundated with challenges. This is where using advanced analytics in supply chain can be a game changer for many manufacturers. It can help them gain a deeper insight into their operations and how the supply chain is moving. How Supply Chain Analytics Enriches Supply Chain Management A 360-degree view of the supply chain is crucial for supply chain leaders. A lack of insight can cause costly delays and avoidable disruptions. Obtaining complete visibility in supply chain management, on the other hand, can be difficult. The immense volume of data that many organizations have to deal with makes it difficult to gain proper insight. Supply chain analytics tools help in gaining a better sense of the aggregated data from different parts of the supply chain, such as procurement, ERP in supply chain management, warehousing management, shipping and logistics management, and many more. The more accurate the data is, the simpler it is to use advanced supply chain management analytics to forecast, predict, and plan better in order to maximize the supply chain’s capabilities. Optimizing the Supply Chain: 3 Ways to Do so with Analytics With the range of analytics applications in supply chain in use today, manufacturers have the opportunity to completely transform how to view, manage and strategize. Here are five data analytics supply chain tools to consider in the pursuit of optimization. Demand Forecasting Inventory management is at the heart of supply chain optimization. Not calibrating the inventory stock based on demand and supply for bestselling products and those that don’t move fast can cause either an overstocking or understocking problem. Either way, forecasting the right balance is difficult to achieve, but data analytics can make it simpler. The lack of the right products in stock can heavily impact the bottom line. According to a survey by Logility, 36% of supply chain experts consider inventory optimization the primary reason for adopting analytics. An integrated mapping of retail sales, inventory levels, and the flow of goods will lead to accurate demand forecasting. This data can empower organizations to: Strategize sales promotions Define product pricing Maximize budgets Predict accurate inventory levels Inventory management has a cascading effect on the supply chain, and advanced demand forecasting has helped many organizations achieve an optimum level of inventory for the right products. Predictive Warehousing Maintenance Machine Learning (ML), artificial intelligence (AI), and the Internet of Things (IoT) have been emerging technologies on the supply chain management landscape. By using a mix of these technologies, it is possible for manufacturers to deploy predictive maintenance in warehousing. Predictive maintenance is the process of assessing data generated from the past and in real-time to determine patterns and identify equipment failure and maintenance schedule before a breakdown occurs. This helps manufacturers to: Avoid heavy repair costs Plan spare part supply Slash downtime from equipment failure Eliminate production delays In addition to reducing production bottlenecks, predictive maintenance gives businesses the ability to manage their equipment and optimize their shelf-life. Warehousing Efficiency At the warehouse phase of the supply chain, analytics can help manage the supply chain in more than just one way. The warehouse workflow is just as crucial, as it facilitates a clear view of the condition of goods as well as the optimization of the warehouse space. In addition to warehouse space maximization, quality control is another challenge that warehousing management addresses. Supply chain analytics can enhance warehousing efficiency by: Ensuring the correct storage of goods based on their weight, fragility, and perishability Aligning with resource management like equipment, vehicles Identifying disruptions to storage before they occur One of the advantages of supply chain analytics is getting a deep insight into the warehouse’s operation so manufacturers can identify gaps and take steps to make it more efficient. Transportation Tracking Real-time analytics of transportation and logistics is a crucial piece in the puzzle of supply chain management. For example, the data generated in relation to fuel consumption, weather conditions, and even traffic patterns can help organizations boost their logistics and carrier management. It can help them to: Schedule deliveries Determine better routes Evaluate current routes Strategize their shipping schedule To Wrap it Up To put it simply, a deep insight into the supply chain, inventory management, and warehouse operations is a great way to ensure the supply chain is on track. Effective supply chain management software is an asset for an organization when it is able to leverage the insights and make well-informed strategies to further optimize the supply chain.

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SOFTWARE AND TECHNOLOGY, TRANSPORTATION

TAKING YOUR WAREHOUSE INVENTORY FURTHER WITH RFID

Article | December 7, 2022

The modern competitive environment requires redesigning of functionality for warehouses to deliver the desired results and sustain their presence in their industry. In this context, a well-defined WMS plays a significant role in perfect performance. At the front of your business, an efficient warehouse is the face of your brand: it is essential for customer satisfaction because it helps ensure quick, accurate shipments. Happy customers mean happy business owners, which make happy staff, which just makes everything better.

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Digital innovation in logistics warehouses

Article | February 11, 2020

Business Chief takes a look at three leading logistics companies and how they are digitalising their warehouses. With technology evolving at an exponential rate, and the logistics industry needing flexible solutions for its complex operation, we take a closer look at some of the successful deployments of digitalisation within the warehouses of leading logistic companies around the world.

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Spotlight

Copenhagen Malmö Port

Copenhagen Malmö Port, CMP, is one of the largest port and terminal operators in the Nordic region and one of the largest cruise destinations in northern Europe. CMP is one of 83 European core ports, which are considered by the EU to be particularly significant for the development of new transport corridors in Europe.

Related News

SUPPLY CHAIN

Blume Global now runs logistics operating platform natively on Google Cloud

Blume Global | October 19, 2021

Blume Global, the leading provider of supply chain execution and visibility solutions, is proud to be the first to deliver logistics execution and supply chain visibility solutions completely native to Google Cloud Platform. Customers that use Blume's digital operating platform with Blume Maps can access these solutions from a cloud-native platform. Blume's digital supply chain operating platform with Blume Maps, a digital twin of the supply chain, was born on GCP in 2018. Blume's digital operating platform and solutions are used by some of the largest freight railroads, container steam-ship lines, logistics service providers and shippers in the world to manage and track the movement of freight and transportation assets in more than 130 countries. Blume leverages GCP's services to collect, clean and provide access to high quality and accurate logistics data, enabling Blume's high-value solutions including Blume Maps; international, intermodal and domestic transportation management; transportation asset management; supply chain visibility; order orchestration; and control tower, which were also born on GCP. "Organizations today require solutions that help them manage and optimize their logistics strategies with data. We're pleased that Blume has chosen to run its platform on Google Cloud and provide customers with the solutions they need to succeed." Hans Thalbauer, managing director, Google Cloud Supply Chain. Blume's digital operating platform goes beyond the TMS status quo. Its supply chain digital twin, Blume Maps, is modeled after Google Maps. Consumers use Google's map tool to find locations, generate directions and provide feedback on each journey. With Blume Maps, planning a freight shipment's route, tracking the shipment's progress and ETA, and changing course during the journey if problems arise, is as natural as using Google's navigation app during a family road trip. The solution allows customers to generate accurate lead times, real-time shipment location, and ETAs for road, ocean, air, and railroad. Blume Maps can also provide alternative modes, carriers and routes when shipments are behind schedule, enabling unrivaled supply chain agility. "When considering where we wanted to build Blume Maps, we made a very conscious decision to go with GCP instead of other cloud providers because of their commitment to making a difference in the supply chain space," said Blume Global CEO Pervinder Johar. "At Blume, we're building the digital supply chain operating platform for the next 50 years, and our partnership with Google Cloud Platform has enabled that mission." About Blume Global The supply chain technology provider Blume Global aims to remove $1 trillion of waste from the global supply chain, making logistics processes more agile, dependable and sustainable with innovative logistics execution and visibility solutions. Blume's digital platform goes beyond the transportation management status quo, empowering users to quickly predict the impact of disruptions and react in real time before minor issues become major problems. With one of the most extensive networks among logistics technology providers, Blume Global's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume Global's solutions and 27 years of industry data to give customers the intelligence needed to maximize transportation spend, improve customer service and reduce carbon emission.

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LOGISTICS

Passport Shipping Announces Acquisition of Access Worldwide, Adds Depth and Breadth to Cross-Border Logistics

Passport Shipping | August 10, 2021

Passport, an international shipping carrier built for cross-border e-commerce, has acquired Access Worldwide Inc. - an Atlanta-based international shipping consolidator with more than two decades of parcel supply chain industry experience. Terms of the transaction were not disclosed. "This is great news for the customers of both companies as it provides value-added capabilities and services to each," said Alex Yancher, founder and CEO of Passport. "By combining our capabilities, we'll be able to elevate the quality of our products, gain access to better shipping rates and expedite transit times." With the acquisition, Passport is also better positioned to work on bespoke solutions for large consumer brands and marketplace business models that require deep expertise to execute complicated configurations. By the end of this year, Statista expects the number of online shoppers around the world to reach 2.14 billion, representing an opportunity for direct-to-consumer brands to grow revenues by expanding their market footprint internationally. With the acquisition, Passport gains access to an expert team with decades of hands-on, asset-based operational experience in the international parcel logistics space including Access Worldwide CEO Adam Langston who becomes Passport's new Chief Commercial Officer. "Since its inception, I've been really impressed with Passport's business and, candidly, have always viewed them as a company that would be a great-fit partner," said Langston. "This acquisition enables us to bring key pockets of expertise and industry relationships to a business that's poised for long-term category leadership." Additionally, Passport can now leverage Access Worldwide's logistics relationships, including critical first mile trucking providers and customs brokers to build-out and optimize a global supply chain that helps drive a better customer experience and cost structure. About Access Worldwide Access Worldwide was founded in 1999 to provide global mailers and shippers with a more reliable and cost-effective way to reach international customers. The company's employees serve over 150 countries each day via its global network of more than 60 postal and private delivery systems that help to eliminate overhead and hidden costs. Customers typically save up to 50 percent on shipping costs with full global tracking and visibility to all destinations. The company is also one of a limited number of Postal Qualified Wholesalers, a vetted designation with access to service levels and mailing products not available to the general public. About Passport Shipping Founded in 2017, San Francisco-based Passport Shipping is an international shipping carrier built for e-commerce companies and their 3PLsincluding Kylie Cosmetics, Native Deodorants, Bombas, Raycon and LMNT. The company manages all the complexities associated with international shipping so their consumer brand customers can stay focused on their core business. At the same time, Passport offers end consumers door-to-door tracking and high-touch customer support on all packages being sent to more than 150 countries around the world.

Read More

LOGISTICS

RPA Labs Debuts the Shipping Industry's Future Customer Experience

RPA Labs | June 11, 2021

Today RPA Labs reported the arrival of RPA Engage, the premier logistics conversation AI (man-made reasoning) that improves client encounters via automating interactions with clients, merchants, and inward groups. An exclusive mix of conversational AI, machine learning, natural language processing, and an implicit language library of logistics wording permits RPA Engage to answer any logistics requests including: Spot Quotes Track & Trace Sailing Schedules Customer Service Inquiries And More RPA Engage is a no-code arrangement that is prepared to quickly send, effectively coordinating with any framework, and configurable to fit an assortment of organization explicit necessities. RPA Engage offers two options to enhance your customer experience: 1. The world's first commercially available AI-Powered Logistics ChatBot RPA Engage fully integrates with existing systems to provide instant, accurate responses to customer inquiries throughout all your chat channels. Freight forwarders, 3PLs, and supply chain companies who quickly respond to inquiries improve customer experience. RPA Engage's AI-Powered Logistics ChatBot offers an immediate response to general inquiries such as "where's my shipment" or "how much is it for an ocean container from Shanghai to Chicago?" Companies implement RPA Engage to provide instant chat responses on company websites, social media channels, text/SMS, third party applications, and more. 2. Email Response Bot Offer nonstop support for customer and vendor inquiries on the most widely used method of communication in the world: email. RPA Engage directly integrates through email to answer customer inquiries, eliminating email inboxes up to 80%. "No one can refute that the way shippers consider and consume logistics services is steadily changing. In a time of generational change and unprecedented global events, we want to engage our clients at the time, place, and platform best suited to their needs. RPA Labs ChatBot is a piece of that strategy. Rating new shipments, regardless of communication method, is historically and reliably deficient in obtaining all the data needed for a quality response. The RPA Engage AI-Powered Logistics ChatBot addresses that within a simple user interface and attention span; in other words, without a long and unfriendly checklist for the user," said Jay Devers, CEO and Co-Founder of Bestway Freight Solutions. "Our expectations are high: we want to see new users to the system and we want to see user satisfaction rise among long-standing customers. We chose RPA Labs because they are a leader in this space with a proven executive team known to be on the front end of new technology." Fast and quality responses like those mentioned by Devers are crucial during a time that has been so heavily influenced by the "Amazon effect" and the idea that customers expect to receive information the moment they submit an inquiry. This applies more and more to the logistics industry every day – if it takes hours or days to hear back on a quote inquiry, customers will submit requests to competitors not necessarily looking for the best price, but for whoever can respond the fastest. About RPA Labs RPA Labs provides a full-service solution in robotic process automation for companies in logistics/supply chain that are buried in emails, documents, and inefficient processes. Their software bots help companies scale without more people by eliminating manual, repetitive tasks, so they can offer a better experience to their customers and workforce.

Read More

SUPPLY CHAIN

Blume Global now runs logistics operating platform natively on Google Cloud

Blume Global | October 19, 2021

Blume Global, the leading provider of supply chain execution and visibility solutions, is proud to be the first to deliver logistics execution and supply chain visibility solutions completely native to Google Cloud Platform. Customers that use Blume's digital operating platform with Blume Maps can access these solutions from a cloud-native platform. Blume's digital supply chain operating platform with Blume Maps, a digital twin of the supply chain, was born on GCP in 2018. Blume's digital operating platform and solutions are used by some of the largest freight railroads, container steam-ship lines, logistics service providers and shippers in the world to manage and track the movement of freight and transportation assets in more than 130 countries. Blume leverages GCP's services to collect, clean and provide access to high quality and accurate logistics data, enabling Blume's high-value solutions including Blume Maps; international, intermodal and domestic transportation management; transportation asset management; supply chain visibility; order orchestration; and control tower, which were also born on GCP. "Organizations today require solutions that help them manage and optimize their logistics strategies with data. We're pleased that Blume has chosen to run its platform on Google Cloud and provide customers with the solutions they need to succeed." Hans Thalbauer, managing director, Google Cloud Supply Chain. Blume's digital operating platform goes beyond the TMS status quo. Its supply chain digital twin, Blume Maps, is modeled after Google Maps. Consumers use Google's map tool to find locations, generate directions and provide feedback on each journey. With Blume Maps, planning a freight shipment's route, tracking the shipment's progress and ETA, and changing course during the journey if problems arise, is as natural as using Google's navigation app during a family road trip. The solution allows customers to generate accurate lead times, real-time shipment location, and ETAs for road, ocean, air, and railroad. Blume Maps can also provide alternative modes, carriers and routes when shipments are behind schedule, enabling unrivaled supply chain agility. "When considering where we wanted to build Blume Maps, we made a very conscious decision to go with GCP instead of other cloud providers because of their commitment to making a difference in the supply chain space," said Blume Global CEO Pervinder Johar. "At Blume, we're building the digital supply chain operating platform for the next 50 years, and our partnership with Google Cloud Platform has enabled that mission." About Blume Global The supply chain technology provider Blume Global aims to remove $1 trillion of waste from the global supply chain, making logistics processes more agile, dependable and sustainable with innovative logistics execution and visibility solutions. Blume's digital platform goes beyond the transportation management status quo, empowering users to quickly predict the impact of disruptions and react in real time before minor issues become major problems. With one of the most extensive networks among logistics technology providers, Blume Global's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume Global's solutions and 27 years of industry data to give customers the intelligence needed to maximize transportation spend, improve customer service and reduce carbon emission.

Read More

LOGISTICS

Passport Shipping Announces Acquisition of Access Worldwide, Adds Depth and Breadth to Cross-Border Logistics

Passport Shipping | August 10, 2021

Passport, an international shipping carrier built for cross-border e-commerce, has acquired Access Worldwide Inc. - an Atlanta-based international shipping consolidator with more than two decades of parcel supply chain industry experience. Terms of the transaction were not disclosed. "This is great news for the customers of both companies as it provides value-added capabilities and services to each," said Alex Yancher, founder and CEO of Passport. "By combining our capabilities, we'll be able to elevate the quality of our products, gain access to better shipping rates and expedite transit times." With the acquisition, Passport is also better positioned to work on bespoke solutions for large consumer brands and marketplace business models that require deep expertise to execute complicated configurations. By the end of this year, Statista expects the number of online shoppers around the world to reach 2.14 billion, representing an opportunity for direct-to-consumer brands to grow revenues by expanding their market footprint internationally. With the acquisition, Passport gains access to an expert team with decades of hands-on, asset-based operational experience in the international parcel logistics space including Access Worldwide CEO Adam Langston who becomes Passport's new Chief Commercial Officer. "Since its inception, I've been really impressed with Passport's business and, candidly, have always viewed them as a company that would be a great-fit partner," said Langston. "This acquisition enables us to bring key pockets of expertise and industry relationships to a business that's poised for long-term category leadership." Additionally, Passport can now leverage Access Worldwide's logistics relationships, including critical first mile trucking providers and customs brokers to build-out and optimize a global supply chain that helps drive a better customer experience and cost structure. About Access Worldwide Access Worldwide was founded in 1999 to provide global mailers and shippers with a more reliable and cost-effective way to reach international customers. The company's employees serve over 150 countries each day via its global network of more than 60 postal and private delivery systems that help to eliminate overhead and hidden costs. Customers typically save up to 50 percent on shipping costs with full global tracking and visibility to all destinations. The company is also one of a limited number of Postal Qualified Wholesalers, a vetted designation with access to service levels and mailing products not available to the general public. About Passport Shipping Founded in 2017, San Francisco-based Passport Shipping is an international shipping carrier built for e-commerce companies and their 3PLsincluding Kylie Cosmetics, Native Deodorants, Bombas, Raycon and LMNT. The company manages all the complexities associated with international shipping so their consumer brand customers can stay focused on their core business. At the same time, Passport offers end consumers door-to-door tracking and high-touch customer support on all packages being sent to more than 150 countries around the world.

Read More

LOGISTICS

RPA Labs Debuts the Shipping Industry's Future Customer Experience

RPA Labs | June 11, 2021

Today RPA Labs reported the arrival of RPA Engage, the premier logistics conversation AI (man-made reasoning) that improves client encounters via automating interactions with clients, merchants, and inward groups. An exclusive mix of conversational AI, machine learning, natural language processing, and an implicit language library of logistics wording permits RPA Engage to answer any logistics requests including: Spot Quotes Track & Trace Sailing Schedules Customer Service Inquiries And More RPA Engage is a no-code arrangement that is prepared to quickly send, effectively coordinating with any framework, and configurable to fit an assortment of organization explicit necessities. RPA Engage offers two options to enhance your customer experience: 1. The world's first commercially available AI-Powered Logistics ChatBot RPA Engage fully integrates with existing systems to provide instant, accurate responses to customer inquiries throughout all your chat channels. Freight forwarders, 3PLs, and supply chain companies who quickly respond to inquiries improve customer experience. RPA Engage's AI-Powered Logistics ChatBot offers an immediate response to general inquiries such as "where's my shipment" or "how much is it for an ocean container from Shanghai to Chicago?" Companies implement RPA Engage to provide instant chat responses on company websites, social media channels, text/SMS, third party applications, and more. 2. Email Response Bot Offer nonstop support for customer and vendor inquiries on the most widely used method of communication in the world: email. RPA Engage directly integrates through email to answer customer inquiries, eliminating email inboxes up to 80%. "No one can refute that the way shippers consider and consume logistics services is steadily changing. In a time of generational change and unprecedented global events, we want to engage our clients at the time, place, and platform best suited to their needs. RPA Labs ChatBot is a piece of that strategy. Rating new shipments, regardless of communication method, is historically and reliably deficient in obtaining all the data needed for a quality response. The RPA Engage AI-Powered Logistics ChatBot addresses that within a simple user interface and attention span; in other words, without a long and unfriendly checklist for the user," said Jay Devers, CEO and Co-Founder of Bestway Freight Solutions. "Our expectations are high: we want to see new users to the system and we want to see user satisfaction rise among long-standing customers. We chose RPA Labs because they are a leader in this space with a proven executive team known to be on the front end of new technology." Fast and quality responses like those mentioned by Devers are crucial during a time that has been so heavily influenced by the "Amazon effect" and the idea that customers expect to receive information the moment they submit an inquiry. This applies more and more to the logistics industry every day – if it takes hours or days to hear back on a quote inquiry, customers will submit requests to competitors not necessarily looking for the best price, but for whoever can respond the fastest. About RPA Labs RPA Labs provides a full-service solution in robotic process automation for companies in logistics/supply chain that are buried in emails, documents, and inefficient processes. Their software bots help companies scale without more people by eliminating manual, repetitive tasks, so they can offer a better experience to their customers and workforce.

Read More

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