Global food transport is a significant problem. And no, that problem isn’t necessarily fragmentation, although supply chain fragmentation has caused many a budget balancer to suddenly get a headache. No, the issue we’re going to cover here today is global food transport’s relationship with sustainability – or rather, its lack thereof.  Read also: Adapting to Climate Change Challenges in the Cold Chain The doomsday scenarios associated with the coming climate crisis are no longer far off, as regions in the U.S. have suffered the disastrous effects of amplified severe weather. And unless ac ..read more

The best time to plant a tree was 20 years ago. The second best time is now. The same is true about moving to sustainable logistics practices—also called sustainable supply-chain practices. Read also: Why Is It a Good Time to Switch to Sustainable Logistics Practices? As a grandfather with four grandchildren, I want to leave a world with green grass and a moderate climate, so I will not debate the benefits of sustainability. After all, who wants to be unsustainable? This article outlines: What are sustainable practices What sustainable practices are not just good for the environment but also ..read more

Toyota Material Handling, a leader in material handling solutions, celebrated a significant milestone with the groundbreaking of a new 295,000-square-foot manufacturing facility at its Columbus, Indiana headquarters. This $100 million expansion is dedicated to producing electric forklifts, underscoring Toyota’s commitment to innovation, sustainability, and customer satisfaction. Commitment to Innovation and Sustainability Tony Miller, Senior Vice President for Engineering, Operations & Strategic Planning at Toyota Material Handling, highlighted the strategic importance of this expansion ..read more

Ivalua, a global leader in spend management, has announced a strategic collaboration with Visa, a world leader in digital payments. This partnership aims to empower organizations to unlock capital within their supply chains by streamlining payment processes and maximizing card usage, thus increasing rebate opportunities. Simplifying and Accelerating Supplier Payments The collaboration between Ivalua and Visa will enable organizations to simplify and accelerate supplier payments. By expanding card usage through a secure and user-friendly platform, companies can achieve higher levels of automati ..read more

Investment in infrastructure is critical to sustaining a prosperous region and ensuring efficient freight movement across the St. Louis area, the nation, and globally. Evidence shows that every dollar spent on transportation infrastructure yields a $4 return in economic development. This multiplier effect and the importance of unified regional advocacy for priority project funding were key themes at the annual Freight Summit hosted by the St. Louis Regional Freightway on May 15, part of FreightWeekSTL 2024. Read also: St. Louis Region Poised to Thrive Amid Global Supply Chain Disruptions Infra ..read more

Research from the McKinsey Global Institute found that industries across the country experience supply chain disruptions lasting at least one month approximately every 3.7 years. Unfortunately, shorter disruptions are reported far more frequently. Several factors, most of which are unpredictable, contribute to the frequency and longevity of these disruptions impacting the global supply chain.   Read also: Here’s What It Takes to Be Agile During Global Supply Chain Disruptions Factors That Contribute to Disruptions  Flooding, earthquakes, hurricanes, and other natural disasters c ..read more

Approximately 54% of logistics and supply chain companies have implemented AI into their operating processes, and around 37% of companies are using machine learning and AI for predictive analytics. Many more are relying on this tool for everything from chatbots to social media. There is no doubt that AI is a disruptive force in logistics and beyond, as it is already performing a host of important functions, ranging from automation of repetitive tasks to trend forecasting. One of the most effective ways to make the most of AI in business is prompt engineering—the process of desig ..read more

Critical Aid for Texans Impacted by Storms Texas Agriculture Commissioner Sid Miller has announced that the Texas Department of Agriculture (TDA) will activate the USDA’s Disaster Household Distribution (DHD) program to provide immediate food assistance to residents of seven counties affected by severe weather. This emergency measure will enable the Houston Food Bank to deliver crucial aid to those impacted by recent storms, flooding, extended power outages, and road closures. Over a million homes and businesses in the Houston area lost power, and more than 40 school districts were forced to c ..read more

Post-Pandemic Supply Chain Realities In the wake of the COVID-19 pandemic, the era of seamless supply chains has ended, necessitating a shift to just-in-case strategies where companies maintain higher inventory levels to buffer against disruptions. However, restructuring supply chains is a complex and costly endeavor, and a complete decoupling from China is virtually impossible due to its integral role as the world’s manufacturing hub, asserts GlobalData, a leading data and analytics firm. Read also: U.S. Tariffs on China: Echoes of History and New Supply Chain Challenges GlobalData’s latest r ..read more

Enterprises are standing at the threshold of a revolutionary era, poised to harness the transformative potential of cloud-based Enterprise Resource Planning (ERP) solutions. This isn’t just a technological shift; it’s a journey towards unlocking unparalleled efficiency. Join us as we embark on a voyage into the realm of Cloud ERP investments, where innovation converges with practicality to redefine the landscape of operational excellence. Read also: Revolutionizing Fintech: The Integration of AI in ERP Systems The Enterprise Resource Planning industry is undergoing a seismic shift from traditi ..read more