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QAD Precision News Round-Up: 6 December 2019
In the QAD Precision News Round-Up: 6 December 2019, FedEx changes packaging rules; Amazon invests in renewable energy; France threatens EU response to proposed US tariffs; online sales spike in November; plus reducing risk in the global financial supply chain and more. Global Trade US VOWS 100% TARIFFS ON FRENCH IMPORTS OVER DIGITAL TAX On Monday, the US government said it may impose tariffs of up to 100 percent on $2.4 billion worth of imports from France. Products targets include Champagne, handbags and cheese. The proposed tariffs are a response to France’s new digital tax that could impact US tech companies. For more information, please see Reuters. FRANCE TO RETALIATE OVER US TARIFF THREAT In more tariff news, the French government said that the EU would respond if the US imposes the $2.4 billion worth of tariffs on French products. On Tuesday, US President Donald Trump and French President Emmanuel Macron will meet at a NATO conference in London. The and US tariffs and French digital tax are likely to be on the agenda. For more information, please see Bloomberg. Carriers FEDEX CHANGES PACKAGING RULES FedEx Corp. is rolling out a significant change to its flat-rate shipping program. The carrier will allow customers to use their own packaging rather than the company’s package and logo. This will be available for packages weighing under 50 pounds and cubes out at 644 inches. At present, the change is being piloted among customers and it is likely that it will be expanded across FedEx’s customer base. For more information, please see Freight Waves. DPD HAS BUMPER CYBER WEEKEND This Cyber Weekend, DPD UK parcel volumes jumped a huge 13 percent compared to the same period in 2018. The parcel carrier experienced record volumes of parcels across its four huge hubs in the week running up to Black Friday and throughout the weekend. For more information, please see Post and Parcel. E-commerce E-COMMERCE SALES BYPASSED IN-STORE RETAIL ON BLACK FRIDAY On Black Friday, e-commerce increased 19.6 percent to total $7.4 billion, according to Adobe Analytics. For the first time, e-commerce sales bypassed in-store retail sales on Black Friday, which declined 6.2 percent this year. Furthermore, Adobe reported that US consumers purchased $2.9 billion worth of goods on their mobile phones on Black Friday. This represents a huge increase of 21 percent compared to 2018. For more details, please see Houston Chronicle. AMAZON INVESTS IN RENEWABLE ENERGY This week, Amazon announced three new renewable energy projects in the US and Spain. The projects aim to support Amazon’s promise to the The Climate Pledge. The ecommerce company aims to reach 80 percent renewable energy by 2024 and 100 percent renewable energy by 2030. In addition, Amazon has committed to become net carbon zero by 2040. To that end, the company has launched more than 70 renewable energy projects.In the US, these newest renewables energy solar projects are located in Illinois and Northern Virginia. For more details, please see Post & Parcel. QAD Precision News RIMMER BROS. SELECTS QAD PRECISION TRANSPORTATION EXECUTION SOFTWARE SANTA BARBARA, Calif.--( BUSINESS WIRE )-- QAD Precision , an industry-leading provider of global trade management and transportation execution software, has announced that Rimmer Bros. has selected QAD Precision’s Transportation Execution and Transportation Analytics solutions to support its global retail operations. QAD Precision is a division of QAD Inc. (NASDAQ: QADA ) (NASDAQ: QADB ). Rimmer Bros. is one of the world’s premier suppliers of classic and modern British car parts, specializing in iconic marques including Triumph, Rover, Land Rover, Range Rover, Jaguar and MG. Based in Lincolnshire, UK, Rimmer Bros. supplies customers all over the world with parts and accessories ranging from nuts and bolts to complete car chassis. “Offering our customers the highest level of service, no matter where they are located, has always been a vital part of our ethos at Rimmer Bros.,” said Graham Payne, Rimmer Bros. Chief Operating Officer.“By deploying QAD Precision Transportation Execution and Transportation Analytics, we will continue to offer excellence in customer services as we expand our e-commerce operations and grow our business. We are looking forward to a successful partnership.” To read the full press release, please click here . REDUCING RISK IN THE GLOBAL FINANCIAL SUPPLY CHAIN Even the most efficient logistics operation faces threats to its business. These include natural disasters, political changes, economic uncertainty, labor shortages and even threats like physical security, theft or loss. Risk and security are especially critical in the financial supply chain. This is because the nature of the shipments themselves is so sensitive. Cash shipments and sensitive personal data are both subject to substantial regulations, and these can change as the political environment evolves. Moreover, the risk of theft or loss of cash shipments is one that keeps many logistics managers up nights. Customer expectations have also changed, with the result that customers expect shipments to be inexpensive, accurate, predictable and trackable. It’s clear that financial logistics can face significant risk. However, it is certainly possible to reduce the risk and improve the security of your logistics operation. In this QAD Precision Report we examine threats in financial logistics. To read the full report, please click here.
Read moreRimmer Bros. Selects QAD Precision Transportation Execution Software
British car experts will deploy QAD Precision software across its retail operations.
Read moreReducing Risk in the Global Financial Supply Chain
Global supply chains are complex, and complexity is always accompanied by risk. In this QAD Precision Report we examine threats in financial logistics.
Read moreQAD Precision News Round-Up: 29 November 2019
In the QAD Precision News Round-Up: 29 November 2019, online sales spiked this Thanksgiving; UPS and FedEx predict high volumes this peak season; Sports Direct to rebrand; Best Buy launches NYC pick-up services; plus simplifying holiday shipping and more.
Read moreSimplify Holiday Shipping With Multi Carrier Shipping Solutions
We are well into peak season and Black Friday is just days away. In this QAD Precision Report we look at the importance of multi carrier shipping solutions to ensure timely and cost-effective deliveries.
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