Flexport Teams With Pachama to Boost Carbon Offset Tech

Flexport Teams With Pachama to Boost Carbon Offset Tech

Flexport partners with Pachama to offer high-quality carbon offsetting solutions using technology, helping businesses achieve carbon neutrality in their supply chains. Pachama leverages satellite remote sensing and machine learning to accurately assess forest carbon sink projects, ensuring the effectiveness of carbon offsets and contributing to climate change mitigation efforts. This collaboration aims to provide transparent and reliable carbon offsetting options, enabling companies to reduce their environmental impact and support sustainable forestry practices.

Flexport Aims to Modernize US Customs for Faster Trade

Flexport Aims to Modernize US Customs for Faster Trade

Flexport's Tom Gould joins the U.S. Customs and Border Protection's Commercial Operations Advisory Committee (COAC) to advance customs modernization and address the disconnect between supply chains and customs operations. He will focus on system upgrades, data interoperability, and data science empowerment to improve clearance efficiency, reduce costs for businesses, and simplify global trade. This initiative aims to streamline processes, enhance communication, and leverage technology to create a more efficient and responsive customs environment, ultimately benefiting businesses involved in international commerce.

Mississippi River Key to Modernizing US Logistics

Mississippi River Key to Modernizing US Logistics

US logistics faces challenges, highlighting the untapped potential of inland waterway transportation. While the Mississippi River already handles some transport, its capacity is limited by the Jones Act and infrastructure constraints. One company aims to increase capacity, but infrastructure remains a bottleneck. With policy support, technological innovation, and intermodal connections, inland waterway transportation has the potential to reshape the US logistics landscape. Overcoming these hurdles could provide a more efficient and sustainable alternative for moving goods across the country.

Logistics Property Demand Surges As Firms Restock Inventories

Logistics Property Demand Surges As Firms Restock Inventories

Prologis CFO points out that inventory replenishment demand, e-commerce development, and population growth are driving the surge in demand for logistics real estate. The vacancy rate of logistics real estate in the US has reached a record low, and rents are rising, but companies are paying more attention to the overall cost of the supply chain. Companies should plan ahead, optimize their supply chains, and lease flexibly to meet market challenges.

Lunar New Year Disrupts Global Supply Chains Raises Costs

Lunar New Year Disrupts Global Supply Chains Raises Costs

A global survey indicates that the Chinese New Year holiday is expected to further disrupt supply chains, leading to extended transit times, container shortages, and increased costs. Businesses should proactively plan, diversify sourcing, optimize inventory, strengthen communication, and adapt flexibly to address these challenges. A potential decrease in Asian production might offer a temporary respite for shipping. Companies should actively respond to these dynamics, turning potential crises into opportunities by implementing resilient strategies and proactive measures to mitigate risks and maintain operational efficiency.

Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks Adjusts Prices Cuts Costs Amid Inflation Pressures

Starbucks is accelerating price increases and implementing cost control measures to address pressures from supply chain disruptions and rising labor costs. Digital transformation and efficiency improvements are long-term strategies. The pricing strategy may impact consumer reactions and the competitive landscape, requiring Starbucks to proceed cautiously and seize opportunities. The company faces challenges in balancing profitability with customer loyalty and market share in a competitive environment.

Target Overhauls Leadership and Supply Chain Strategy

Target Overhauls Leadership and Supply Chain Strategy

Target is adjusting its leadership team to strengthen the strategic importance of its supply chain and address growth challenges. The company is increasing investment in stores and embracing digital logistics and delivery to enhance the customer experience. This shift emphasizes a modernized approach to retail, focusing on efficient operations and improved service to meet evolving consumer demands and maintain a competitive edge in the market.

E2open Named Leader in Global Trade Management by IDC

E2open Named Leader in Global Trade Management by IDC

E2open has been recognized as a Leader in the IDC MarketScape for Worldwide Trade Management Applications. The company offers comprehensive trade compliance automation solutions, including customs filing and self-filing capabilities, backed by one of the world's most comprehensive trade content libraries. Download the IDC MarketScape report to learn how E2open helps businesses succeed in global trade.

Envista Enhances Supply Chain Resilience and Omnichannel Solutions

Envista Enhances Supply Chain Resilience and Omnichannel Solutions

enVista, a leading global supply chain and omnichannel consulting firm, is dedicated to helping businesses build more resilient supply chains, optimize omnichannel operations, and gain a competitive edge. Their services cover a wide range of areas, including global supply chain strategy, DC optimization, inventory management, omnichannel strategy, and system implementation. enVista is recognized in Gartner reports. Download the Gartner® Market Guide to learn more.

GM Overhauls Supply Chain for Carbon Neutrality Push

GM Overhauls Supply Chain for Carbon Neutrality Push

General Motors has announced a new ESG commitment, inviting its global suppliers to jointly dedicate themselves to carbon neutrality, social responsibility, and sustainable procurement. This initiative is not only an environmental advocacy but also a strategic supply chain upgrade, signaling that sustainable development will become a new normal for corporate competition, with supply chain sustainability being key. This move demonstrates GM's dedication to responsible sourcing and environmental stewardship, pushing for a more sustainable and ethical future within its global operations.