1 priority is to fight inflation, says IMF's Jihad Azour, It's business as usual at Port of Los Angeles despite truckers' strike: Director, View Oil, Gold and Copper Stock Market Trades, Streaming Charts Available Online, West Coast ports reduce idling vessels as container supply increases, California trucker protests are impacting supply chain, A critical shipping lane in Europe's economic heart is drying up in the heatwave, We feel good about supplying our retailers with hot product this holiday, says Hasbro CEO, Yellen says U.S. and allies should use friend-shoring to boost supply chains, Food security is a regional priority: B20 Indonesia, Airplane shortages will last a couple of years, says Air Lease CEO John Plueger, Inflation core is too high: White House economist Brian Deese, China factories are feeling some heat as U.S., Europe demand slows, Chip industry's inventory correction is expected to intensify in 2023: Analyst, Supply chain disruptions easing, but backlog is very much there: Logistics firm, Demand is outstripping supply so we have low inventory levels, says Group 1 Automotive CEO, Micron CEO warns consumer weakness will hurt smartphone sales, Port of Los Angeles executive director on supply chain bottlenecks and ongoing union talks, There's not a lot of spare oil to deal with additional supply disruptions, says RBC's Helima Croft, We are still learning about global supply chains, says Fed Chair Jerome Powell, World's largest truck maker says it's facing enormous supply chain pressure, FedEx to add three new directors to board following activist push, Philanthropist Howard Buffett on Ukraine: I have never seen anything like this in my lifetime, We want to diversify our supply chains without isolating China: German official, Union announces daytime work stoppage at congested Port of Oakland, Here's how much Apple's supply chain depends on Shanghai, Russia is weaponizing food supplies to 'blackmail the world', Auto inventories should improve over next 6 to 12 months, says former Ford CEO, Retailers will sort out inventory problems in back half of year, says Jan Kniffen, These charts show the state of the supply chain as China eases Covid lockdowns, 'Third parties' should not interfere in Taiwan-EU dealings, Taiwan minister says, Taiwan minister discusses trade talks with the European Union, Singapore Trade Data Exchange discusses how to tackle supply chain inefficiency, Biden tests positive for Covid again, will restart isolation despite no new symptoms, Mortgage rates fall sharply after negative GDP report and Fed's latest hike, From legroom to airfare: How JetBlue's takeover of Spirit could change air travel, How to make a passive income so you can quit your job, from entrepreneurs making $8,000/mo or more, Here's how much Americans have saved for retirement at every age. announced on Sept. 9 that it is adopting aclimate-positive approach, addressing its carbon footprint across their entire value chain, including indirect emissions. Railroads warn the proposal could exacerbate labor challenges that have stymied their ability to restore service. Watch: An Update on Supply Chain Resilience, Transportation Insight Unveils Beon Digital Logistics Platform. AVNW, Junes TVI dry van freight readingat 240was up 6% compared to May, with the refrigerated TVIat 173down 0.6%, and the flatbed TVI up 5%, to 245. Countries in South Asia have struggled to fill the gap as waves of workers have been infected with COVID. 
In the future, expect companies to rely more on suppliers in nearby low-cost countries and to explore shorter and more flexible transportation options as they seek to reduce both risks and costs. DAT said that changes in the TVI represent the number of loads moved with a pickup date during the month. With growing labor shortages and increasing costs, it has become imperative for you to explore robotic automation as a solution to ensuring you keep your stores stocked and ready for your customers. Looking back to March 2020, Accenture reported that 71% of companies it surveyed didnt have business operations contingency plans beyond three weeks long. In contrast, a consumer products company found the combination of wage rates in Mexico and digital skills to support manufacturing in the U.S. and Canada allowed it to restructure production to supply the Americas market while keeping costs in line. In a time of increasing awareness of climate change and the environment, no part of the supply chain is under greater scrutiny than home delivery. In this white paper are five examples from day-to-day order-to-cash and procure-to-pay processing adventures that showcase how artificial intelligence/AI is the ideal complement to RPA. Strategic plan reviews will incorporate the integrative data from a companys supply chain, as boards reconsider implications on topics from technology to talent management. Lower shipment volumes via other modes of transportation corroborate less logistics stress. Goods and services prices climbed more slowly last month. Heres how we can do it. Incorporating a crowdsourced delivery option into your companys broader logistics and, Same-day delivery is actually a differentiator. 
New facilities in Chicago and Denver will help free up store space, batch orders and ease deliveries. 
However, all of the top 50 are expected to see positive 2022 GDP growth with the tech-heavy metros reaping the strongest growth led by San Jose, Seattle, San Francisco, New York, and Los Angeles. Over the last several years, this flexible partnership enabled movement of supply in response to extreme weather, imposition of tariffs and labor supply dynamics. Convoy is the most efficient digital freight network, using machine learning and automation to connect shippers and carriers to move millions of truckloads. Leading supplier of robotics, CNCs and other automation announces a West Campus expansion that will push its operational space in Oakland County, Mich., to nearly two million square feet. Imagine visibility of all global shipments becomes a reality - what happens next? Its Not Always Easy to Tell, Quantum Computing Is Solving the World's Complex Logistics Problems, Three Ways CEOs Should Prepare for Supply Chain Threats. COVID-19 has already changed consumer buying behavior. Then what? The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E. Boston School of Business in the American Public University System. While most attention is focused on cars and, 7 Ways to Fulfill More Product from Fixed Facilities & Labor, Robotic Product Sortation autonomously picks, sorts and packs millions of items per month with higher speed and throughput while increasing fulfillment. +1.07% Get this delivered to your inbox, and more info about our products and services. All rights reserved. Creativity. But a boards oversight of supply chain is more than risk reduction for the transformation of goods from components of production to customer value. Startups that grew quickly from large contracts are looking nervously to a new future, as demand plummets for mass testing and shifts to homes. Self-driving trucks will soon make deliveries to Walmart Inc.s Sams Club stores in the Dallas-Fort Worth area, marking a significant expansion of autonomous vehicles operating in live traffic. Commodities prices fell 10% on average, with metals leading the way lower, offering some reprieve for production costs. Click here to submit your 2022 Case Study. The number of cargo ships waiting to unload at LA and Long Beach was down for the fourth consecutive month. Moves to regional supply networks let companies switch between trucks, rail and shorter on-water transport. China will dominate the market for collaborative robots, set to expand at annual growth rates estimated at more than 20% to 2026, according to new research. Convoy Releases Inaugural Corporate Ship Responsibly Sustainability Report, Ship Responsibly: Convoys 2020 Sustainability Report, How Every Shipper Can Benefit From Flexible Drop-And-Hook, 5 Reasons Business Transformations are Doomed to Fail, 3 Supply Chain Management Areas that Benefit from Enhanced Data Management, Addressing Labor Shortage Challenges with Warehouse Automation, Learn more about how Anheuser-Busch improved efficiency with, Peak-Ryzex & Zebra Customer Case Study: Saddle Creek Logistics. Dont hold your breath waiting for global supply chains to return to some state of normal anytime soon. Division offers a broad range of services to address hazardous and non-hazardous environmental needs. Podcast | Wake Up! Robinson CEO, The world's no. Among these are certain to be the wrangle over automation. These fundamentals reflect everything we provide at Phoenix Logistics. Protesters were directed to expect compliance with AB5 and stop blocking terminal access, or face citations. Connect Local Mail has seen a tepid response so far, with 65 parcels deliveredfrom January to March. Supply chain seems to be a stock answer to everything thats wrong with the world these days. Strategic Real Estate. Watch: Time for a Reset of Retail Inventory Strategies? Watch: Supply Chain Digital Transformation: Where to Begin? Will supply chains everlearn the need for true risk management and resilience? Got a confidential news tip? Supply Chain Officers Must Face Five Urgent Risk Areas, Gartner Says, Driverless Trucks to Deliver Toilet Paper to Dallas Sams Clubs, Supply Snags Threaten EV Revolution, Top Toyota Scientist Says, China Set to Dominate Production, Market for Collaborative Robots, Port Automation Is Hot-Button Issue in West Coast Labor Talks, What West Coast Ports' Labor Negotiations Mean for Supply Chains, U.S. Supply Snarls Ease as Truck Capacity Rebounds, Biggest U.S. A gauge of supply chain pressure in the U.S. economy fell to the lowest level since December 2020, as activity such as trucking cools from elevated levels with few signs yet of a worrying collapse.
We know that digital transformation is really about. All Rights Reserved. Why instant automation is such a big deal? Protesters said they would continue to take action until they saw proof the governor's office would consider changing California's landmark labor law. Advanced Resources partners with leading organizations through staffing, direct hire, and consulting services. Our integrated, cost-optimized supply chains worked so well that management of these business-critical activities could be two levels down from the CEO, and well out of sight of the boardroom. LOGN, Technology collaboration helps customers optimize supply chain operations with fully integrated robotic solutions, Atlanta-based Nolan Transportation Group (NTG), a provider of non-asset, tech-enabled logistics and brokerage services, and a subsidiary of Transportation Insight, and San Francisco-based freight forwarding and customs brokerage services provider Flexport, said they are collaborating on a strategic partnership focused on integrating their respective technologies, with a focus on greater visibility across supply chains., Provides CLARK dealers with an additional tubular lead-acid motive-power battery line, Uber revolutionized passenger transportation by providing a third-party platform where consumers compete with each other for rides. A lot of retailers are still trying to, Autonomous vehicles have great potential for improving existing, high-demand transportation services, moving everything from passengers to packages. Sanctions imposed on Russia for its invasion of Ukraine are having an undeniable impact on global supply chains, but individual companies might have a hard time determining precisely how theyre affected. Chinas zero-Covid policy partly underpinned reduced backlogs, and moderating goods demand also gave shippers more breathing room. We answer the question on The Rebound Podcast, Market Dojo Accelerates Growth with the Completion of Esker Acquiring a Majority Share, The Total Economic Impact of Eskers Order Management Solution, U.S. rail and intermodal volumes are mixed, for the week ending July 23, reports AAR, June DAT Truckload Volume Index trends up. What is Intelligent Automation and How Does it Benefit My Business Now and into the Future? Domestic activity continued to advance in May, offering assurance the economy hasnt tipped into recession. Leading LATAM 4PL Selects MPO Control Tower Platform for Global Supply Chain Solutions, enVista Sells Enspire Omnichannel Software and Global Freight Audit & Payment Services to Krber, Why a Lack of Supply Chain Visibility is Costing Your Business, Driving Supply Chain Efficiency with Digital Order Management Automation Solutions, StrongArm Tech SafeWork System Components Proudly Made in America, Krber is a Leader in the 2022 Gartner Magic Quadrant for Warehouse Management Systems, Sourcengine is a global e-commerce marketplace for electronic components where customers can check over 1 billion component offers and buy from 3,500+ traceable, Kuebix, a Trimble Company, provides a transportation management system (TMS) built on the latest cloud technology that is changing how companies purchase and, For over 40 years, viastore systems has been a leading international provider of automated material handling solutions including AS/RS (automated storage and. The drone company will deliver time-sensitive medical supplies like lab samples, medications and test kits for MultiCare Health System. Embracing Technology to Deliver a Compliant Global Supply Chain Within a Foreign Trade Zone (FTZ). Protests and looming enforcement of the California labor law already have shippers asking about rerouting cargo out of the state. Don't expect a sudden turnaround on supply chain problems, top autos CEO says, Trucking CEOs expect higher prices, potential disruptions in second half of 2022, Manufacturing has held up the best over trucking, housing and retail, says C.H. The EV startup has struggled to scale production to keep up with demand. Expect buyers and suppliers to increasingly partner across physical and digital expertise to more seamlessly serve markets, moving away from high-volume, low-cost supply contracts with restrictive terms. Will 2022 be the year in which we consumers not only get more stuff faster, but ask ourselves how much we really need? Popular procurement stories in the first half of the year show how businesses are rethinking sourcing. Now, the strategy is changing. Our new index points to slightly less stress last month. Surging battery prices and shortages of metals and materials are likely to last for some time, Toyota Motor Corp.s chief scientist warned, trends that could weigh on the worlds embrace of electric vehicles. We want to hear from you. SupplyChainBrain will once again feature its annual list of 100 Great Supply Chain Partners in the August 2022 issue. The supply-chain drama and business disruption of the pandemic has shown boards that understanding supply chain is integral to monitoring enterprise risk. The various forms of wireless connectivity Bluetooth for, The most successful supply chain leaders are designing business and technology strategies, This paper separates people, process & technology and breaks down some of the key challenges, Find educational resources and research schools & universities. Click here to nominate any of your partners. Flexibility. Businesses eager to create a competitive advantage are recognizing that the future is at the intersection of humans and machine intelligence, and that's where this guidebook helps. A 10-minute improvement in delivery times translates to approximately $257 million in savings, said CEO Carol Tom. With increasingly granular, transparent and timely information on the cost elements of serving different customer segments, boards Compensation and Human Capital committees will consider how to encourage rapid communication across a companys sales, marketing, production and logistic domains as well as performance incentives within them.