Should Apple’s results worry the air freight market?

The Loadstar | January 04, 2019

Should Apple’s results worry the air freight market?
This week Apple slashed its sales forecast in anticipation of a slowdown in iPhone sales. Ti has examined what effect this might have on the air freight market. While hi-tech has been a heavy user of air, other commodities such as pharma have taken the focus more recently as the smartphone market matures. But technology is still an important part of air freight demand. Typically, semiconductor sales have been a useful measure. Last year, sales shot up, in double-digit growth, but with lower growth predicted this year. Semiconductors are also facing tariffs, although numerous new manufacturing sites have opened in South-east Asia. Ti concludes that it’s something of a mixed bag for air cargo, with demand shifting from smartphones to new technologies.

Spotlight

Illustrated by the infographic below, when a company has complete supply chain visibility, the above is possible.


Other News

Adoption of the Internet of Robotics Things Accelerates

6 River Systems | September 29, 2020

Adoption of smart robotics has accelerated this year, driving sophisticated automation in various environments. Introducing Internet of Things (IoT) functionality to robots isn’t new, however. In 2014, ABI Research introduced the concept of the Internet of Robotic Things (IoRT). The term described intelligent devices that can monitor events going on around them, integrate various sensor data types, use local and distributed intelligence to determine the best courses of action before manipulating or controlling physical objects. In September 2016, MarketsandMarkets released a report estimating that the IoRT market will be valued at approximately $21.44 billion by 2022, driven by adoption in the e-commerce industry. Connected robots can integrate with various technologies and offer a short payback period and ROI, the report noted.

Read More

Schneider Electric Global Supply Chain recognized with 2020 Power of the Profession Award

Schneider Electric | July 07, 2020

Schneider Electric, the leader in digital transformation of energy management and automation, announced it has been awarded the Business Win of the Year Award and best in show Supply Chain Breakthrough of the Year in Gartner’s 2020 Power of the Profession awards which “identify and recognize the top Supply Chain and Talent initiatives from the past twelve months that help to elevate the Supply Chain profession.” Gartner announced these awards during a live webinar June 17, 2020. "We are thrilled to have received this recognition of Business Win of the Year and Supply Chain Breakthrough of the Year from Gartner’s 2020 Power of the Profession Awards honoring our Smart Logistics initiative. We believe our transformation efforts in the supply chain are progressing well and that this really gives our team the inspiration to push forward on our Tailored, Sustainable and Connected 4.0 Supply Chain program, together with our partners for our customers. We see the “Business Win of the Year” award as a recognition of our digital transformation and our commitment to our customers", said Mourad Tamoud, Executive Vice President, Schneider Electric Global Supply Chain.

Read More

SUPPLY CHAIN

Tive Launches Partnership Focused on Visibility with Blue Yonder

Tive | December 17, 2021

Tive, a leading real-time in-transit visibility provider, today announced a new strategic partnership with Blue Yonder, a leading digital supply chain and omni-commerce fulfillment platform provider. By integrating data and insights from Blue Yonder's transportation management solution and Luminate™ Control Tower, this partnership provides mutual customers with insights beyond shipment locations and conditions that deliver a better end-consumer experience. Logistics professionals in retail and manufacturing are demanding next-generation actionable insights to actively manage their customers' growing expectations. This partnership delivers shared data and efficiencies for logistics providers, offering near real-time visibility for their customers across the globe. Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments while providing hyper-accurate location and condition with its industry-leading trackers. By partnering with Blue Yonder, Tive will be able to deliver on its promise of 90% reduced 'where-is-my-order' costs; a 90% reduction in claims for lost, damaged or delayed items; and an overall 10% savings on total freight spend to customers. Collaboration and partnerships across the entire supply chain ecosystem are what we strive for every day here at Tive, Combining all aspects of real-time shipment data – location, condition, TMS and control tower data – customers everywhere get real-time actionable information on what is happening with their shipments. We are excited to partner with Blue Yonder to help make global supply chains more efficient." Tive CEO and Founder Krenar Komoni. "Here at Tive, we seek to partner with companies that align with our culture of transparency, collaboration and relentless pursuit to ensure that every shipment arrives on time, in full, and in good condition, Blue Yonder is a natural symbiotic fit in Tive's partner ecosystem thanks to their strong capabilities in transportation management and control tower visibility." Shawna Baker, Head of Partnerships at Tive. About Tive Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments' location and condition. With Tive, shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures. Tive's solution provides data generated by its industry-leading trackers allowing clients to actively optimize their shipments, improve their customers' experience, and unlock supply chain insights in an actionable real-time manner.

Read More

Collaborative warehouse bots are critical to e-commerce success, Shopify exec says

6 River Systems | September 16, 2020

A spike in e-commerce volumes driven by coronavirus travel restrictions may slow down after a safe vaccine is eventually found, but its impact on fulfillment automation processes is here to stay, according to a top executive at Shopify, an e-commerce platform for small and medium-sized businesses (SMBs). As the pandemic prevented consumers from congregating in brick and mortar stores, so many of them turned to e-commerce shopping that the online retail sector experienced five years’ worth of growth in the past three months alone, Shopify’s chief technology officer, Jean-Michel Lemieux, said today. From less than 1% in 2000, the share of e-commerce retail sales as a percent of total retail sales rose to 5% in 2011 and 10% in 2018 before leaping above 16% during the second quarter of 2020, according to statistics from the U.S. Census Bureau. That curve may soon begin to flatten a bit, but the post-Covid “new normal” will feature e-commerce levels in the range of 20%, 30%, or even 40% of all retail, Lemieux said in remarks at Flow 2020, the annual user conference held by autonomous mobile robot (AMR) vendor 6 River Systems. Ottawa, Ontario-based Shopify acquired Waltham, Massachusetts-based 6 River in 2019 for $450 million in a bid to use its collaborative "Chuck" robots to boost fulfillment efficiency for warehouse staffers managing inventory for distribution. That deal looked at first like amazon.com's move to buy Kiva Systems Inc. in 2012 for $775 million, and then take the product off the market, keeping its robots for the sole use of Amazon’s own DCs. But Shopify was quick to say that it will continue selling 6 River’s Chuck bots to the entire logistics market, and Lemieux reiterated that stance today.

Read More

Spotlight

Illustrated by the infographic below, when a company has complete supply chain visibility, the above is possible.

Resources