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The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Transportation visibility is clearly not only for trucks.

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

At this time, the company does not provide customers with any information about who is delivering their packages. The cause of the drop appeared to be a movement by companies to destock their pandemic stockpiles, creating less demand for freight transportation until they begin to restock.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. This provides customers, partners and suppliers alike, access to information in real-time.

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The Importance of Visibility In the Supply Chain

Precoro

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. Were any shipments damaged or otherwise subject to cargo insurance claims? Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.