A growth in intermodal transportation by rail from coastal ports is leading to increased development of distribution facilities near so-called inland ports in locations like Chicago, Atlanta, Dallas, Salt Lake City, eastern Pennsylvania and Kansas City, according to a new report from commercial real estate firm JLL.
Deutsche Post unit DHL Supply Chain North America is investing $300 million to increase the level of automation and robotics at 350 of its 430 facilities, to better handle the crush of ecommerce orders. DHL also plans to open a 24,000-square-foot innovation center near Chicago in September 2019.
Blockchain technology will fundamentally alter the way retail supply chains operate in the coming years, a PwC analyst told attendees at Shop.org in Las Vegas, creating more transparency and security of data shared across partners and trading organizations.
UPS has filed a U.S. patent application for a technology that would use blockchain and its shared distributed ledgers to more efficiently track and manage packages shipped within its network as well as those handed off to other carriers worldwide.
Customer experience can suffer if an ecommerce fulfillment center is unable to quickly scale its operations, but not every company has the resources to respond swiftly. If you’d like to stay one step ahead of demand, consider these 3 analytics strategies to manage planned (and unplanned) peak seasons.
With interest growing in the use of blockchain in the supply chain, FedEx has been very active in moving the technology forward. Dale Chrystie, FedEx Freight’s Vice President of Strategic Planning and Support, spoke with Multichannel Merchant about the company’s involvement with blockchain initiatives.
Inventory planning, replenishment and forecasting become major challenges as companies try to deal with demand fluctuation, growing SKU counts and lead time variance from manufacturers. Now blockchain technology enables companies to shift from a reactive approach to a proactive one.
Best Buy saw its online sales increase 12% to $1.14 billion in the first quarter, representing 13.6% of total revenue, up from 12.9% a year ago. This was helped by the company’s continued omnichannel investments, improved inventory management and ongoing supply chain transformation.
The advent of blockchain technology as a tool to enable secure, accurate sharing and verification across entire supply chains is fast approaching, moving it beyond the realm of Bitcoin transactions, attendees were told at Home Delivery World in Atlanta.