Logistics news

• Key Takeaways from SAP Spend Connect Live

  24-10-2024 09:08 via logisticsviewpoints.com
  
  5000 developers are working on product enhancements and extensions to the SAP spend management suite. This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements.
  Spend Management Takeaways
  SAP continues to invest in using generative AI to improve the user experience. Their copilot-style solu
  
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• CrimsonLogic and NewAge Partner for Freight Management and Customs Compliance across North America

  03-12-2024 16:40 via logisticsviewpoints.com
  
  Through innovative technology and strategic collaboration, CrimsonLogic and Newage are set to enhance efficiency and transparency in freight management and customs processes.
   Global technology company CrimsonLogic, a wholly-owned subsidiary of PSA International and a leader in digital trade, digital ports and technology solutions, announced a strategic partnership with Newage Software & Solutions (“Newage”), a global leader in logistics technology. The collaboration integra
  
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• Lenovo Excels in Supply Chain Planning with a Hybrid Approach

  02-12-2024 13:26 via logisticsviewpoints.com
  
  Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo
  Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. Based on an interview with Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo, the word “exceptional” certainly applies. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supp
  
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• Interoperability in the Supply Chain: Leveraging the OSI Model for Seamless Logistics

  27-11-2024 13:26 via logisticsviewpoints.com
  
  In the rapidly evolving world of global supply chains, interoperability—the ability of systems, devices, and organizations to work together seamlessly—has become a critical factor for operational efficiency. By applying the ISO OSI (Open Systems Interconnection) seven layer model, traditionally used in networking, to logistics, businesses can achieve a structured framework that enhances communication, reduces friction, and improves collaboration throughout the supply chain.
  Let&rsquo
  
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• Context. The Key to Unlocking the Power of Your Supply Chain Data Strategy

  26-11-2024 13:00 via logisticsviewpoints.com
  
  Our daily lives are inundated with data. Alerts and notifications from email, social channels, home devices, shopping apps and other platforms compete for our attention, creating an overwhelming stream of information. This deluge makes it challenging to discern what truly matters, where and when we should apply our focus. Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights h
  
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• Boston University’s Sourcing Transformation

  25-11-2024 12:41 via logisticsviewpoints.com
  
  In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. They recommended a change in leadership. Randall Moore was hired as the new chief procurement officer in May. He took the job after receiving assurance from BU’s chief financial officer that there would be sufficient headcount where needed. There was also a realignment. Facilities sourcing and construction contracting were centralized in the procurement department.
  One o
  
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• Supply Chain & Logistics News November 18th-21st

  22-11-2024 13:30 via logisticsviewpoints.com
  
  Supply Chain Logistics & News 11/18//2024- 11/21/2024 
  Here is the Supply Chain & Logistics News for November 18th – 21st. Between tariffs, oil imports, geopolitics, and a new US administration, 2025 is gearing up to be a tumultuous year for the global supply chain. As cabinet appointees are being selected, the future of the US supply chain and the relationships that create the network may be at stake. Companies across the states are gearing up for what’s in the range of
  
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• Transformation Is Not Trivial: The Work Ahead for the Supply Chain Industry in 2025

  21-11-2024 22:14 via logisticsviewpoints.com
  At this time last year, economists and business leaders were cautiously optimistic about 2024, hoping the economy could stage a ‘soft landing’ — cooling off from a period of surging inflation and rising interest rates without tipping into a recession. While many remain cautiously optimistic, there’s a growing sense of relief that the economy sidestepped the worst-case scenario. As noted in a recent CNBC piece, “a gravity-defying jobs market …. a slowing pace
  
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• The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

  20-11-2024 16:28 via logisticsviewpoints.com
  In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority. For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. These pi
  
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• Shipping Emissions in Focus: Ship It Zero Reveals Amazon, LG, Samsung and Home Depot’s Stalled Progress

  20-11-2024 12:32 via logisticsviewpoints.com
  
  Just in time for the holidays, the Ship It Zero campaign is bringing visibility to the impacts of dirty ocean shipping caused by mega retailers all year round but especially as they ship their goods during the holiday season. The campaign has announced the release of its 2024 Retailer Shipping Decarbonization Progress Reports, which calls upon IKEA, LG, Samsung, and Home Depot to improve their performance by 2025 when the next round of Ship It Zero Report Cards are expected.
  The progress report
  
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• “Flesh and Breath” – The Appeal of Delegating to AI and its Limits

  19-11-2024 17:35 via logisticsviewpoints.com
  
  At the airport for an early flight, returning home after a speaking engagement, I was having a moment, feeling “tweepy” (my new word for tiredness that makes me weepy) as I stood in line to order breakfast. The trip had been a busy several days on top of a difficult year. The woman taking my order looked directly at me, smiled, and wished me a nice day. Her words were not remarkable but delivered with such utter sincerity, with light in her eyes, that they touched me just enough to
  
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• Trump picks former Wisconsin Rep. Sean Duffy to be Transportation Secretary

  19-11-2024 15:28 via logisticsviewpoints.com
  President-elect Donald Trump is naming former Wisconsin Rep. Sean Duffy as his nominee for transportation secretary, as he continues to roll out picks for his Cabinet.
  Duffy is a former reality TV star who was one of Trump’s most visible defenders on cable news — a prime concern for the media-focused president-elect. Duffy served in the House for nearly nine years, was a member of the Financial Services Committee and chairman of the subcommittee on insurance and housing. He
  
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• Alleviating the Uncertainty of Peak Season: The Role of Home Delivery in 2024

  19-11-2024 13:00 via logisticsviewpoints.com
  
  With the chaos of the 2024 holiday season descending, the National Retail Federation predicts U.S. ecommerce spending in November and December will increase 8%-9% over 2023, translating to $295.1-$297.9 billion in sales. In addition, the holiday shopping period between Thanksgiving and Christmas this year is 26 days—five days shorter than in 2023—potentially creating additional headaches for online vendors and their delivery partners attempting to fulfill a greater volume of orders i
  
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• YMX Logistics and Orange EV Join Forces to Deliver Zero Emission Transportation Solutions to Yard Operations Across North America

  18-11-2024 20:22 via logisticsviewpoints.com
  
  YMX Logistics, a premium provider of integrated yard logistics operations, and Orange EV, a leading manufacturer of electric yard tractors, both dedicated to advancing sustainable yard operations, today announced a collaborative effort, beginning with the deployment of twenty (20) electric terminal trucks at distribution and manufacturing sites across North America.
  As the logistics industry increasingly embraces electrification, yard operations have become a focal point for significant, impactf
  
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• Schneider Electric’s Supply Chain Design Journey

  18-11-2024 12:11 via logisticsviewpoints.com
  
  Schneider Electric has been working to simplify its supply chain over the last few years. This French public multinational was selected as having the best global supply chain by a leading analyst firm. Corporate Knights also ranked the company the most sustainable company in its peer group and the 7th most sustainable company overall. Schneider Electric’s supply chain operation is of great interest to other practitioners. One essential tool used by the supply chain team is supply chain de
  
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• Biden-Harris Administration Announces Nearly $580 Million for Ports to Strengthen American Supply Chains and Lower Costs

  15-11-2024 15:54 via logisticsviewpoints.com
  
  WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced plans to invest nearly $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement projects in 15 states and one U.S. territory. As part of President Biden’s Investing in America agenda, this funding will help increase both capacity and efficiency at coastal seaports, Great Lakes ports, and inland river ports. The port improvement projects announced tod
  
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• Supply Chain & Logistics News (November 11-14th)

  15-11-2024 13:30 via logisticsviewpoints.com
  
  Supply Chain & Logistics News (November 11-14th)
  This week I posted my early analysis of the new administration’s impacts on the energy transition, sustainability, and trade. This new administration has voiced its plans to retract from global climate diplomacy and domestic initiatives on bolstering green energy in the United States. Additionally, geo-political pressure may arise between the EU and the US if the new administration reduces the support for Ukraine during the Russian confl
  
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• Autonomous Drones vs. Autonomous Vehicles: Analyzing Logistics Applications of Amazon, UPS, Tesla and More.

  13-11-2024 13:00 via logisticsviewpoints.com
  As automation continues to evolve in logistics, two technologies are becoming central to modern delivery methods: autonomous drones and autonomous vehicles. Both are advancing through operational trials led by companies like Amazon, UPS, Alphabet’s Wing, Tesla, and TuSimple. However, each technology serves different purposes within logistics, and the question remains: Which will ultimately shape the industry’s operational structure?
  The Current Logistics Ecosystem
  The logistics ecosy
  
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• Dexory Secures $80M to Drive Development of Autonomous Robots & Global Expansion

  12-11-2024 22:52 via logisticsviewpoints.com
  Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.
  The new funding, made up of a mix of equity and growth debt, will support an expansio
  
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• Post-Election (Early) Analysis of Energy Transition, Sustainability Initiatives, and Trade

  11-11-2024 21:59 via logisticsviewpoints.com
  A new administration has been selected after this week’s long-anticipated presidential election has come to an end. Now that the results are in, what does that mean for the many renewable energy and sustainability initiatives that have progressed over the past four years, including the Inflation Reduction Act? Obviously, we don’t really know the answer, but we do know the attitudes of the incoming administration regarding environmental legislation and the support of fossil fuels. So
  
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• Toyota To Invest $500 Million in Joby Aviation

  11-11-2024 20:58 via logisticsviewpoints.com
  
  Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service,  announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility.
  The investment, which will be made in two equal tranches, is subject to standard regulatory approval
  
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• Executives Exploring AI Need to Understand Data Fabrics

  11-11-2024 11:42 via logisticsviewpoints.com
  
  Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson recently wrote the report “Industrial-grade AI: Transforming Data into Insights and Outcomes.” Mr. Masson leads ARC’s research on industrial AI and data fabrics.
  Mr. Masson points out the “cha
  
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• TSA Proposes Rule for Pipeline and Railroad Cyber Risk Management Programs

  08-11-2024 15:20 via logisticsviewpoints.com
  
  WASHINGTON, Nov. 6, 2024 /The Transportation Security Administration (TSA) published a Notice of Proposed Rulemaking that proposes to mandate cyber risk management and reporting requirements for certain surface transportation owners and operators.
  “TSA has collaborated closely with its industry partners to increase the cybersecurity resilience of the nation’s critical transportation infrastructure,” said TSA Administrator David Pekoske. “The requirements in the proposed r
  
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• November 4th – 8th Supply Chain & Logistics News

  08-11-2024 14:00 via logisticsviewpoints.com
  
  November 4th – 8th 2024 Supply Chain & Logistics News 
   Steve Banker a tenured Supply Chain analyst with ARC Advisory Group will be presenting next Wednesday, November 13th with Wendy Ripley on “How Orvis Used Order Tracking to Eliminate Stockouts.” This Webinar is free to anyone who wishes to attend and can be found by clicking the link below.
  Register here
   
   
  Supply Chain News for the Week: 
  Trump Vows on New Trade War Sends Supply Chain Importer
  
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• Siemens to Sell Airport Logistics Business to Toyota’s Vanderlande

  07-11-2024 17:40 via logisticsviewpoints.com
  Siemens AG has agreed to sell its Siemens Logistics business to Vanderlande, a company owned by Toyota Industries Corporation. Vanderlande is a leading global partner for future-proof logistic process automation in the warehousing, airports, and parcel sectors, and with that will be a strategic long-term owner for Siemens Logistics. The purchase price (enterprise value) is €300 million. Closing is expected in the course of calendar year 2025, subject to regulatory approvals.
  “In Vande
  
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• Why Data Visualization is Key to Better Decision-Making in Warehouse Operations

  07-11-2024 13:00 via logisticsviewpoints.com
  
  In the fast-paced, data-driven environment of today’s warehouse and distribution operations, data visualization has become a linchpin of decision-making, productivity, and user satisfaction. Data visualization plays a crucial role in how data is consumed, understood, and ultimately acted upon, transforming vast streams of information into intuitive and actionable insights for warehouse managers and workers alike.
  I recently paid a visit to a prospective customer site, and my experience the
  
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• The Impact of NIS 2 Regulations on Manufacturing Supply Chains 

  06-11-2024 19:10 via logisticsviewpoints.com
  
  NIS 2 Has Deep Impacts on the Supply Chain, Not Just Plant Operations 
  The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). This EU-wide regulation, designed to bolster cybersecurity and ensure the resilience of essential services and digital infrastructures, presents both challenges and opportunities for manufacturing supply chains. As cyber threats continue to evolve and incre
  
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• Fleet Management 2.0: The Rise of Connected Vehicles in Global Supply Chains

  06-11-2024 13:18 via logisticsviewpoints.com
  
  The Evolution of Connected Fleet Ecosystems
  Fleet Management 2.0 is redefining transportation by integrating IoT sensors into vehicles, fundamentally shifting fleet operations. These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. Real-time visibility enables fleet managers to oversee both individual vehicles and the entire fleet, facilitating immediate adjustments to changi
  
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• EU Investigating Chinese Company TEMU over the Sale of Illegal Products

  05-11-2024 19:00 via logisticsviewpoints.com
  The European Union is investigating Chinese online retailer Temu for potential violations of rules designed to prevent the sale of illegal products. This investigation, launched under the Digital Services Act (DSA), follows complaints from the European Consumer Organisation (BEUC) and its members regarding the platform’s practices, including its game-like reward systems and product recommendation algorithms, which may contribute to addictive user behavior. The EU regulators are concerned t
  
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• Blynsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement

  05-11-2024 13:55 via logisticsviewpoints.com
  Blyncsy, a subsidiary of Bentley Systems Inc., announced the launch of a comprehensive public map showcasing all interstate highways in the continental U.S. This map highlights critical roadway assets such as guardrails, speed limit signs, and work zones, aimed at enhancing roadway safety and maintenance. The data is accessible to state U.S. Department of Transportation (DOT) agencies, facilitating improved safety, maintenance, and repair of roads, particularly during natural disasters. Blyncsy&
  
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