The December LMI reading, at 54.2 (a reading above 50 indicates growth is occurring), falling 1.5% from November’s 55.7 reading, representing the lowest rate of LMI expansion going back to April 2024.
While the onset of the pandemic took hold more than three years ago, there remain a few reminders of the impact it had then on supply chain, freight transportation, and logistics operations, ...
Operational efficiency has become a defining factor for success in modern logistics networks. As supply chains expand across ...
Analyst Insight: As supply chains become increasingly complex, the pace of change within the logistics industry is expected to accelerate at breakneck speed. To stay ahead of the curve, companies need ...
The supply chain world is changing fast. Businesses are facing delays, rising costs, and complex operations. Keeping up feels like running on a hamster wheel—exhausting with little progress. Here’s ...
With the ever-growing demand for goods and services, the implementation of efficient logistics systems has become a vital component of modern supply chain operations. For that reason, electronic ...
Are you still tracking your business’ inventory manually? According to research from Gartner Digital Insights, you’re not alone. It found that 41% of businesses still use manual methods to track their ...
Logistics is the efficient flow and storage of products from their point of origin to the point of consumption. Operation planning, on the other hand, is the strategy employed by an organization that ...
Inventory management has been anything but simple over the last three years. A global pandemic, labor shortages and product recalls, among other factors, have led to the so-called “bullwhip effect,” ...
LAS VEGAS & CYPRESS, Calif.--(BUSINESS WIRE)--Mitsubishi Electric US, Inc. today announced its drone-based logistics operations management platform, called AnyMile, a holistic solution that is ...