Markets news

Those of us in dynamic, fast-paced industries have gotten used to keeping our eyes trained forward. We’re always exploring innovations—ways to evolve our processes and make them as efficient as possible.

It’s paramount that shippers, refiners, marketers and traders prepare effectively now so fines don’t mount and trade flows aren’t further disrupted.

Shipping lines have responded to containerized trade growth by increasing vessel size, which has resulted in fewer port calls to move the same number of containers.

The use of RFID by retailers has grown rapidly in North America, where 92% (of 50 North American retailers surveyed) say they are either piloting the technology or have reached full adoption, up from 34% in 2014, according to a 2018 Accenture survey of 110 global retail executives.

Instant online quoting is becoming "table stakes" and freight forwarders must digitize to keep up with the status quo.

As store business shrank and online business grew, Nordstrom and Opex Analytics turned their attention to omnichannel fulfillment.

Procurement departments must create a roadmap for the insights they want to attain through data and ensure a continuous flow of information with suppliers.

Differentiation is critical in a world where JIT is no longer a novelty and margins are razor thin