Iron ore prices plunged below $50 a ton this year – down from over $130 last year – and there appears to be no end in sight. Mining companies around the world are scrambling to cut costs in order to compete with the world’s largest producers, who are still mining at a profit. Here’s my advice to mining companies AND their suppliers: take a look at your supply chain. It’s been an overlooked part of the business throughout the industry’s boom years from 2003 to 2014 – and I see significant cost savings potential in supply chain optimization.
The renowned futurist Johan Peter Paludan talks about megatrends, advancing automation and his vision for “last-mile” delivery systems.
When I first sat in an all-electric car fifteen years ago, something told me it wasn’t a passing fad, it wasn’t just about a different drive train, I felt it represented the seeds of a very profound shift.
The Internet of Things presents a unique technology transition that is impacting all our lives. It will have major implications for the business of logistics.
As poverty declines, better healthcare is reaching more people and improving more lives around the world than ever before. Logistics providers need to innovate to meet the growing needs of the expanding life sciences and healthcare industry.
Rail transport has never seen better days. Developments, especially on the Asia-Europe trade lanes, are giving rise to opportunities for this relatively new transport option in the region.