Germany is set to force companies to screen suppliers for environmental violations and human-rights abuses, such as illegal mining and child labor…Under the bill, any company based in Germany with 3,000 employees or more has two years to set up compliance procedures to monitor and stop abuses within its supply chains. They must also create…
The global warehouse automation is expected to grow 10% by 2026, hitting a market value of $30 billion ! While not a surprise, the expectations, especially by those living in cities, are for fast delivery of goods that were ordered online. In fact, the average consumer expects their deliveries within 4.5 days, compared to 5.5…
Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries. Meanwhile, reverse logistics is growing more complex.…
Dual mode technology that enables both automated and manual operation within a warehouse. By Jim Gaskell As an industry, we are continuing to learn from our collective experience with COVID-19, which raised awareness of everything from the hidden vulnerabilities of the supply chain to the importance of having the right mix of forklifts for your…
It is no secret that data-driven decision making is critical to business success. In fact, a recent Market Research Future snapshot reports the global machine learning market, which has significantly advanced the way companies make data-driven decisions, will grow from $7.3 billion in 2020 to $30.6 billion in 2024. This is good news for the supply chain…
Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. We’ve found our customers are urgently seeking ways to better plan around supply…
The reworking of supply chains has a simple purpose of fitting the new world economy’s needs and demands. And freight data sharing platforms had already started before the mess of 2020 began. Additionally, the shift towards digital media and reinvented processes of global supply chains continues still today. Supply chain evolution is highly focused on market sub-segments,…
Within the shipping and logistics industry, several processes are essential to proper operations. Autonomous logistics management is an integral part of the process and includes many use cases applied to practically any niche within the market today. With the healthy growth of e-commerce, industrial automation processes are essential. Here are five such use cases that managers need…
