Inventory optimization is crucial for maintaining the balance between supply and demand, minimizing costs, and ensuring customer satisfaction. Effective inventory management can significantly impact a business's bottom line by reducing excess stock and avoiding stockouts. This article explores five proven methods for inventory optimization, providing detailed insights into how each technique can be implemented to [...]
In the vast and interconnected world of today's global economy, supply chain management emerges as a critical force driving the success and resilience of businesses across various industries. This dynamic field sits at the heart of how products are created, moved, and delivered, impacting everything from local startups to multinational corporations. Supply chain careers offer [...]
In the rapidly evolving transportation industry, data analytics emerges as a pivotal force driving significant transformations. This era of digital innovation has unlocked unparalleled opportunities for enhancing operational efficiency and delivering superior customer experiences. At the forefront of this revolution, Benjamin Gordon Cambridge Capital envisions a future where data not only informs but fundamentally reshapes [...]
On August 7, Yellow Corporation declared bankruptcy. This was a sad day, marking the end of an era. Yellow, which was founded nearly 100 years ago, grew to become one of the world's largest trucking companies. Even on the day of its Chapter 11 filing, Yellow was the third-largest less-than-truckload (LTL) carrier in the United [...]
A cargo ship carrying nearly 4,000 vehicles appears to be on the cusp of sinking. Why are so many auto cargo ships catching fire? Do fires ignite more easily when cars are packed in ships too tightly? Electric vehicles? Something else? Also, who does the Japanese ship owner Shoei Kisen Kaisha keep having these mishaps? [...]
What is GreenScreenin'? Nate Shutes has created a song to capture the supply chain tech revolution in music. Nate and Alicia came up with "Don't Stop GreenScreenin'" to put a smile on your face. If you are a freight professional, can you listen to this song and not laugh? DontStopGreenScreeninVideo But there's a deeper purpose. [...]
Many people have asked me why Ukraine matters. What is it about Russia's invasion that impelled me to get involved, and why should you care? First, I believe we have a moral obligation to help the innocent people of Ukraine. Second, having bought a logistics company with employees in Ukraine, I wanted to do everything [...]
Today, GreenScreens.ai announced the closing of an investment to accelerate their growth in predictive pricing and advanced analytics. The round was led by Tiger Global, with participation from Cambridge Capital, Flyer One Ventures, Navigate Ventures, Jones Capital, Red Door Capital, Overton Venture Capital, Operator Stack Fund, and Refashiond Ventures. More than capital, this investment represents [...]
The Maersk acquisition of LF Logistics signifies a few things. First, major shippers are converting their record profits into expansion in logistics. This move dovetails with the CMA CGM acquisition of Ingram Micro, and the MSC Mediterranean Shipping Company pursuit of Bolloré Logistics in Africa. Second, for every buyer rationale, there is also a seller rationale. Now that the Maersk deal is complete, Li & [...]
Would you prefer your supply chains to be cheap or resilient? It turns out that 40 years of cutting cost exposed us to dependency on China and risk of disruption. What happens next? One solution will be "China + 1." As Harvard Business School professor Willy Shih describes it in the Wall Street Journal, "Politically sensitive gear such [...]
