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Global Yacht Market Shows Promising Growth Trajectory - the Market to Hit USD 40.40 billion by 2029 - Arizton
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029. -
Freight forwarding Market Trends, Growth Factors, Size, Segmentation and Forecast to 2031
The growth of the global freight forwarding market is propelling, owing to growth in international trade, expansion of the e-commerce industry worldwide, and rise in free trade agreements between nations. -
The Future of Autonomous Supply Chains Part 1: Autonomous Shipping
Autonomous supply chains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The main drivers for growth in autonomous supply chains are the increasing demand for efficiency, transparency, and resilience in supply chain operations, the rapid advancement of technologies including cloud computing and 5G, and the vulnerabilities and inefficiencies of traditional supply chains that w -
Forklift Truck Market to Grow USD 103.9 Billion By 2031, at 7.5% CAGR | Growth Opportunities and In-Depth Analysis
Forklift Truck Market Size, Share, Competitive Landscape and Trend Analysis Report by Power Source, by Class, by End Use : Global Opportunity Analysis and Industry Forecast, 2021-2031 -
SAP Goes All-In on Artificial Intelligence
Christian Klein, SAP’s CEO, Speaking at Sapphire
SAP’s user conference, Sapphire, ran from June 3rd through the 5th in Orlando. 12,000 SAP customers and partners attended the event, and another 15,000 watched remotely.
SAP (NYSE: SAP) is the world’s largest provider of enterprise applications. The German software colossus has 27,000 customers and 300 million users that rely on their software.
The biggest message coming out of Sapphire is that SAP has gone all-in on AI. SAP has -
This Week in Logistics News (June 1 – 8)
Got pollen? Me too. While I have only recently developed allergies, they generally have not been to bad. Until this year, that is. Every morning, there is a thick blanket of pollen on my car, patio furniture, and everything else outside. The Boston area has been hit especially hard, as a thick layer of pollen has the sky looking a eerie yellow color. The Weather Service noted that the pollen was thick enough to reduce visibility in multiple cities and towns. Although the pollen that we see coati -
Warehouse Automation 101: A Beginner’s Guide
Autonomous technology continues to make an impact on the supply chain. The autonomous supply chain, as I am writing about it here, applies to moving goods without human intervention (to some degree at least). While there is plenty of talk about autonomous transportation, including drones and self-driving trucks, warehouse automation is at the forefront of the autonomous supply chain.
As part of our Supply Chain 101 series, we bring you a beginner’s guide to various supply chain t -
AI-Powered Inventory Planning for Better Sleep
In the quest for a good night’s sleep, many turn to remedies ranging from herbal teas to meditation. Recently, my remedy of choice has been a tart cherry juice “mocktail.” This sleep-enhancing hack has gained recent popularity thanks to health and wellness accounts on social media, which have shed light on its melatonin-boosting and anti-inflammatory properties.Trying it out, I was pleasantly surprised to discover a significant increase in REM sleep hours. However, the juice fo -
Manhattan Associates Releases a Ground-breaking Supply Chain Planning Solution
Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates.
Manhattan Associates, a leading supplier of supply chain and omnichannel management software solutions, recently had a major product release that will shake up the supply chain planning market. The announcement came on May 15th at the company’s annual user conference, Momentum.
Manhattan Associates (NASDAQ: MANH) announced the release of Manhattan Active Supply Chain Planning. This puts their -
The Global Coding and Marking Market to Reach $10.45 Billion by 2029 - Exclusive Research Report by Arizton
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029. -
The US Refrigerated Trucking Market to Reach $13.65 Billion by 2029 - Arizton
Get this Report for Lesser With Our Subscription Services -
Global Trade Compliance (GTC): A Beginner’s Guide
Global Trade Compliance (GTC) solutions automate and streamline processes related to customs and regulatory compliance. GTC solutions automate the discovery, creation, retention, analysis, and communication of information about international supply chains that is of importance to customs and other government authorities responsible for regulation and taxation of cross-border trade. These solutions also enable companies to make optimal decisions with respect to the impact of customs a -
How Supply Chain & Logistics Companies are Mitigating Labor Shortages
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study showed that the workforce problem is pervasive, with 76% of respondents indicating they are facing notable shortages. The study also provided insight into what companies are doing to address it.
The research report What Are Companies Doing to Survive the Su -
Microsoft Is Using The Coupa Supply Chain Design Tool to Reduce Carbon Emissions
In 2020, Microsoft committed to become carbon negative by 2030, and by 2050, the company aims to remove historical emissions since its founding in 1975. The company is operationalizing this target by reducing emissions as much as possible, increasing use of carbon-free electricity, and removing the emissions that remain.
Meanwhile, Microsoft opened roughly 100 new datacenters in 2023, and now has over 300 of them. Supporting hypergrowth while reducing supply chain logistics emissions is not an -
Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier
Situation
Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises. These challenges necessitate extensive configuration within Advanced Planning Systems (APS) test environments to assess their impacts. However, the lag in the Sales an -
AI Becomes Pervasive in Manufacturing, But What Should Users Look For?
AI shows extreme promise for software and product development, manufacturing operations, and engineering and design. Industrial AI, a subset of the broader field of artificial intelligence (AI), refers to the application of AI technologies (including Generative AI) in industrial settings to augment the workforce in pursuit of growth, profitability, more sustainable products and production processes, enhanced customer service, and business outcomes. Industrial AI leverages machine learning, deep -
Lucas Systems is more than a Voice Vendor; They are a Warehouse Optimization Solution
Lucas Systems Offers Warehouse Optimization
Warehouse management systems, once known as supply chain execution systems, have evolved significantly. They have transitioned from mere work executors to planning solutions with optimization capabilities. This transformation was brought about by the incorporation of algorithms that enhanced worker productivity. Today, for many professionals, “WMS” is synonymous with “warehouse optimization.”
It shouldn’t be. Optimization -
This Week in Logistics News (May 11 – 16)
This weekend the PGA Championship, the second of the 4 Majors, is taking place in Louisville, KY. Heading into the tournament, all eyes were on Scottie Scheffler, the world’s number 1 ranked golfer, winner of four of his last five tournaments including the Masters, and one of the favorites to win his third major. This morning, however, all eyes are on Scottie Scheffler for another reason. Early this morning, Scheffler was arrested by Louisville Metro Police on Friday morning after trying t -
Blue Yonder ICON 2024: Superpowered Supply Chains
I am writing this from the Gaylord Texan in Grapevine, TX while attend the 2024 Blue Yonder ICON conference. I believe this is my 10th time attending ICON, and every year it is worth the visit. This year’s conference brought together nearly 2,000 attendees for thought-provoking sessions, networking and learning opportunities, and a concert with OneRepublic. This year’s theme was supercharged supply chains, and in building off of its innovation shockwave from last year, that is exactl -
Coupa Leverages Community Intelligence to Power AI
Leagh Turner, CEO of Coupa
In December 2022, Thomas Bravo acquired the public company Coupa and took it private. In November of the following year, Leagh Turner became the new chief executive officer of Coupa. Coupa is a supplier of spend management solutions.
New CEOs are brought in to drive change. Coupa grew quickly for years, but Thomas Bravo sought more profitable growth. The goal is for the company to go from $1 billion in annual recurring revenue today to an ARR of $2 billion in the next -
This Week in Logistics News (May 4 – May 10)
People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a new bill signed into law Tuesday by Gov. Tim Walz. The law, which has been dubbed the Taylor Swift bill, was prompted by the frustration Democratic Rep. Kelly Moller felt at not being able to buy tickets to Swift’s 2023 concert in Minneapolis. The new bill will require ticket sellers to disclose all fees up front and prohibit resellers fr -
Probabilistic Planning Helps Master Supply Chain’s Unknowns
In our everyday lives, we often navigate uncertainty using a probabilistic approach without even realizing it. Take weather-dependent activities, for instance. When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Armed with this information, you make decisions like whether to have a picnic, garden or stay indoors.
Another example is commuting. Recently, Steve Banker wrote an article about taking a flight and -
The National Zero-Emission Freight Corridor Strategy and Plans to Decarbonize Transportation in the US
In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy, which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors. This plan’s goal is to advance the deployment of zero-emission medium- and heavy-duty vehicles (ZE-MHDVs) and the infrastructure needed to enable ubiquitous access to charging and hydrogen refueling along our nation’s prominent freight corridors. Th -
Europe Business Travel Market Size, Share, Trends, Industry Analysis, Report 2024-2032
The study provides a detailed analysis of the industry, including the Europe business travel market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. -
One-Number Plans are Bad Plans
Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions
One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge. A probabilistic approach to planning would be better, but our supply chain tools have not supported this approach well.
Matt Hoffman, vice president of product and industry -
Pharmaceutical Logistics Market Emerging Trends, Growth Factors, Business Opportunities and Forecast to 2031 | Maersk, United Parcel Service of America, Inc., AWL India Private Limited
Global pharmaceutical logistics market is estimated be valued at US$ 99.7 Bn in 2024 and is expected to reach US$ 183 Bn by 2031 growing at a compound annual growth rate (CAGR) of 9.1% during the forecast period of 2024–2031. -
Live Package Tracking Market 2024 : Navigating the Future of Shipping with Advanced Tracking Technologies
The Live Package Tracking Market is revolutionizing logistics by providing real-time monitoring and insights, enhancing supply chain efficiency and customer experience through seamless shipment visibility and control. With innovative tracking technologies, businesses can navigate the future of shipping, maximizing operational efficiency and ensuring customer satisfaction in the digital age. -
Corporate Sustainability Due Diligence Directive (CSDDD): Addressing the Entire Value Chain
Following 45 days of negotiations, the European Council approved a watered-down version of the Corporate Sustainability Due Diligence Directive. The EU CSDDD has had a difficult journey, facing delays, changes, and hurdles to overcome. Nonetheless, the direction of travel of European governments is clear: companies need to do more to identify their exposure to unethical practices, human rights abuses, and significant adverse environmental issues, across their value chain. The German Supply Chain -
Australia Online Food Delivery Market Share 2024, Current Trends, Opportunities and Forecast to 2032
The online food delivery services operate through mobile apps or websites where users can browse menus from partnered restaurants, place orders, and choose either delivery or pickup options. -
Ferguson’s Commitment to Supply Chain Excellence Drives Customer Satisfaction
Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC
In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. The article was about Ferguson PLC, a value-added distributor of plumbing and heating products. Ferguson has an extensive and complex supply chain. When I had an opportunity to catch up with Michael Jacobs, the senior vice president of supply chain at Ferguson, I leapt at the chance.
Ferguson provides plumbing and heating products to 9 sp
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