The Network Effect in Supply Chain and Logistics

Talking Logistics

About four years ago, UPS launched its “ We Love Logistics ” ad campaign, which helped raise public awareness about the logistics industry (and helped my family and friends better understand what I do for a living). I hope UPS does the same for communicating the value of networks to supply chain and logistics executives — not just physical networks, but digital ones too. Source: UPS. Source: UPS. Supply Chain Operating Network Model (as depicted in 2003).

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic. It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators.

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Two Important Questions About the Future of Freight Moves

Talking Logistics

The projections are from BTS’ and FHWA’s latest version of the Freight Analysis Framework (FAF) , “which integrates data from a variety of sources to create a comprehensive picture of freight movement among states and major metropolitan areas by all modes of transportation.”. Adjusted for inflation, federal purchases have fallen by about 19 percent since 2003, while purchases by states and localities have fallen by about 5 percent.

Post-pandemic Supply Chains

Enterra Insights

From the outset, key lessons related to knowing the supply chain were at the forefront — not just the final link but key sources of supply related to materials, having contingency plans for interruption of supply, and understanding the capabilities and vulnerabilities of critical elements within the value chain.”[4]. Tan points out, when the SARS, or severe acute respiratory syndrome, epidemic broke out in 2002 and 2003, “China contributed 4% to the world’s GDP.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design.

Reverse Logistics: 5 Steps for Better Backward Operations

Supply Chain Opz

Reverse Logistics: 5 Steps for Better Backward Operations. What is reverse logistics? Reverse logistics is often seen as a clerical function. According to the paper " An Overview of Some Reverse Logistics Practices in the United States " by Olorunniwo and Xiaoming 2011, - Reverse logistics cost is less than 5% of total logistics cost. Reason code appears to be a very important factor to the success or failure of a reverse logistics program.

LTL Carrier Profile: UPS Freight

The Logistics of Logistics

The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. were rebranded to the UPS Store brand in 2003. The post LTL Carrier Profile: UPS Freight appeared first on The Logistics of Logistics. LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B

The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

A range of bad practices are observed on the visibility provided to suppliers: Failure to share forecasts with the supplier: this bad practice causes suppliers to secure their lead time by prolonging it, which has a negative effect on the customer’s sourcing flexibility. The failure to review the distribution plan in the light of logistical and commercial constaints in the stores leads to the blind disposal of warehouse stocks. Sources Cachon G.P.

What role can technology play in transforming the food and drink industry for the better?: transparency roundup

Provenance

“For every $1 spent on food, society pays $2 in health, environmental, and economic costs” (Source: Ellen MacArthur Foundation ). Improved traceability technologies, particularly logistics solutions supported by blockchain, can help provide consumers and buyers with the production details needed to make informed purchasing decisions and enhance the food shopping experience.”. Source: Ellen MacArthur Foundation ). Source: Huffington Post ).

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The rapid reorientation of supply chains

EFT

Whilst interconnectedness and large-scale sourcing from nations with competitive advantages in their labour costs was advantageous in more stable times, that suddenly became a major issue in the midst of the pandemic.

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7 Principles of Supply Chain Management Explained

Supply Chain Opz

2) Customize Logistics Network. When you segment a customer based on the service needs, you may have to tailor the different logistics networks to serve different segment. For example, if you were a contract manufacturer in China, you might already have different logistics networks for different customers. Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers.

Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

Cerasis

At the trough of the recessions in 2003 and 2009, only $100 million worth of equipment was being purchased. According to our USMTO data the 2003 recession really started in 2001 and didn’t really end until 2005 or even 2006. Sources: The Association for Manufacturing Technology (AMT) [link]. Twitter The post Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports appeared first on Freight Logistics Company | Cerasis.

Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

SCOTT: Obviously tariffs, if implemented for the long-term, will impact global supply chain strategies—sourcing, nearshoring versus offshoring, etc. In the case of RFID, Walmart’s 2003 edict to its top 100 suppliers that they implement RFID technology by 2005 propelled the technology into the spotlight. Omni-channel begat sharing sourcing, procurement, allocation, deployment, inventory, and yes in many cases, distribution.

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Industry 3.X and TPM deciphered

KEPLER Consulting

This remains very important because from the beginning of the digital data creation until 2003, there were 5 exabytes of information created and now the same amount of information is created every two days. In order to make the smart factory operational or functional, we will need “Cyber Physical Systems (CPS)” CPS’s are intelligent systems that bridge virtual and physical components used in production, logistics and products. Sources : Boud, A.

When is Now: Logistics Leaders for Type 1 Diabetes Cure

Talking Logistics

So, I came up with a big audacious idea: assemble a team of riders from a select group of logistics companies to join me for a 102.7-mile bike ride in Death Valley, California this October 15th to benefit JDRF , the leading non-profit organization focused on T1D research. My goal for the Logistics Leaders for T1D Cure team was to raise at least $50K in support of JDRF’s quest to turn Type 1 into Type None. “If I am not for myself, who will be for me?