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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Insights from MercuryGate User Conference 2014

Talking Logistics

What do you get when you bring together shippers, logistics service providers, and a transportation management system (TMS) vendor in New Orleans? Lots of interesting conversations, insights, and networking opportunities, which is exactly what took place earlier this month at the MercuryGate User Conference 2014 (MercuryGate is a Talking Logistics sponsor). On the surface, Freight Friend has similar features to other online load boards.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. The Google Robot, Your Future Logistics Worker.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. Its application has expanded from enabling the electronic exchange of purchase orders, acknowledgments and invoices to include global procurement and sourcing.T.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Date: 28 – 30 April 2014. Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. In 2014, more than 7,000 high-calibre visitors attended. To see the list of companies that visited in 2014, please click here. Multimodal 2015. Venue: NEC Birmingham.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. EIPC is responsible for procuring the SUBWAY® brand’s food, packaging, equipment, utilities and services for over 4,000 SUBWAY® stores across Europe – by negotiating price, supply and distribution terms.

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Writing: Working on My Book

Supply Chain Shaman

The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. . “When I ask my team about customer service, I get high-five reviews.

Building the Business Case for a TMS

Talking Logistics

In a past episode of Talking Logistics , Nicholas Carretta, President at UltraShipTMS (a Talking Logistics sponsor), discussed some of the barriers companies face in implementing a transportation management system (TMS), and “building the business case” was one of the main challenges he talked about. Intelligent procurement. Freight payment accuracy. The post Building the Business Case for a TMS appeared first on Talking Logistics with Adrian Gonzalez.

Solving Franklin’s Freight Dilemma: Cure or Prevent Disruptions?

Supply Chain @ MIT

This may be a great rule of thumb for life generally, but not necessarily for freight transportation. Is it more important to prevent disruptions from occurring by building robustness into a freight network (i.e. The struggle to find a balance between robustness and flexibility led a research team at the MIT FreightLab to investigate whether Benjamin Franklin’s advice is right when planning the movement of freight. Road to resilience.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. With globalization, the need to partner with local logistics service providers becomes an imperative.

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

As opposed to increasing ports to ship massive containers of bulk items, regions like North Carolina need to think differently, and to consider new possible locations for transport-driven logistics portals statewide. The railroads had lost most passenger business, and freight business was regulated and operating at a loss. Adam Ruff from Excel Logistics spoke about some of the challenges of transportation, and mentioned that the indicators continue to show constrained markets.

Finding Truckload Capacity: Insights on Managing the Spot Procurement Process

Talking Logistics

I asked Hope Federer, Senior Solutions Consultant at MercuryGate , that question in a recent episode of Talking Logistics. If you’re going out to the spot market, you’re really under the gun to get your freight covered, so having that gray area — the ability to waiver some of your stringent due diligence [requirements] — really comes into play. . Data from various sources indicate that truckload capacity is starting to tighten.

Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

BlueYonder

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. Air and ocean freight carriers were reliant on these LSPs to provide them with a view of the market; in most cases they had no transparency into the shipper’s needs and thus were completely cordoned off from the true source of demand. Those were the good old days.

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The Million Dollar Transportation Strategy Question – When Do You Need A Multi-Carrier Parcel Solution?

BluJay Solutions

Whether you want to admit it or not a carrier knows if they are the only game in town and therefore when a company commits to moving most, to all parcel freight with a single carrier they are signing away their freedom to be flexible, and to negotiate. . The dependence on one carrier often starts in the early stages, as you’re building up your business or have reached critical mass where shipping costs are looked at centrally, perhaps via an organized procurement process.

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3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

Anyone involved in retail procurement is acutely aware of the importance of correctly predicting consumer/end-user requirements and ordering the right goods at the right time, in the right quantities. Next steps: Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. Download our eBook - Omni-Channel Retail – Top 3 Logistics Challenges.

Does Your Business Suffer From any of These Five Profit-Killing Confusions

EFT

In many companies the responsibility for purchasing, procurement, strategic sourcing is divided between the operational business units and, the strategic sourcing department or the purchasing department or the procurement department or whatever they are called. A typical IT or logistic service vendor comes immediately to mind. Image: Column 3PL/Logistics Freight Transport General Supply Chain Technology/IT Vivek Sood Features & Opinion

Four Ways to Secure Carrier Capacity Using Bid Optimization

Talking Logistics

Freight volumes have exceeded pre-recession levels with the ATA Tonnage Index setting record highs the past two months. Here are four ways brokers, third-party logistics providers (3PLs), and shippers can use the technology to procure fair and reasonable rates across all modes of transportation, especially from carriers that hold the upper hand. The top 20 less-than-truckload carriers move about 95 percent of LTL freight in the market.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

This Week in Logistics News (October 24-28, 2016)

Talking Logistics

In 2012, for example, he was elected as a fellow of the Institute for Operations Research and the Management Sciences (INFORMS), where he served as chair of the Sections and Societies Subcommittee and as president of the Transportation Science and Logistics Section. Moving on to this week’s supply chain and logistics news… Uber’s Otto hauls Budweiser across Colorado in self-driving truck (Reuters). XPO Logistics Divests North American Truckload Operation to Transforce.

Finding Global Transportation Optimization Opportunities

Talking Logistics

Typically, this means freight consolidation, mileage reduction, and proper carrier selection. Is your organization sophisticated enough to manage your international freight in house, or do you depend on freight forwarders? How does expedited freight fit into this? Will you need to procure equipment and bookings using forecasts, then re-plan again with the actual orders?

How Are Shipper-Carrier Conversations Changing Today?

Talking Logistics

Robinson , in a recent episode of Talking Logistics. It seems like we’ve had a little bit of an [economic] recovery, at least a freight recovery, from an econometrics standpoint. Within the routing guide, if you weren’t first, you probably weren’t getting a whole lot of freight, and there wasn’t a whole lot of routing guide disruption. Robinson is a Talking Logistics sponsor. appeared first on Talking Logistics with Adrian Gonzalez.

An Overview of the Freight Brokering Business in 2015

Cerasis

Editor's Note: This is a blog post about the state of the freight brokering business in 2015. Cerasis is a freight broker and holds a $250,000 TIA Broker Bond. Many shippers have been burned by freight brokers who work on behalf of the shipper for transportation procurement, accounting services , freight claims management , and more. If you are a shipper, this post will bring light to you on how the freight brokering business works.

This Week in Logistics News (November 5-9, 2018)

Talking Logistics

Our Logistics Leaders for Type 1 Diabetes Cure Team raised $58,706 this season — a new record! Simply put, without your support, this audacious dream I had three years ago to form a logistics cycling team to support JDRF wouldn’t have come true. Okay, turning the corner, here’s the supply chain and logistics news that caught my attention this week: Amazon offers free shipping on all orders for the holidays (CNN). Hunt Locked in Freight Revenue Dispute (WSJ – sub.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent in December from November , with December 2015 freight shipments down 2.0

Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc.

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Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Look for a 3PL that beats the logistics industry average. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

Cerasis

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. Many logistics service providers will provide their customers with an SLA.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. manufacturing facility in 2014.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

But by 2014, the U.S. Logistics complexities in the conventional sector can quickly drive up costs and eat into profit margins, if not well managed. Execution (Tendering, Dock Scheduling, Track & Trace, Freight Audit & Pay). The post Oil & Gas Companies Focus on Eliminating Supply Chain Waste appeared first on Talking Logistics with Adrian Gonzalez. “Past performance is no guarantee of future results.”.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

Supply Chain Visibility Not Just a Requirement for the C-Suite, But a Responsibility in Management

Cerasis

An interesting development, as discussed in The Economist’s Why American wage growth is so lousy , stated 2014 showed that 1.3 Data can indicate issues with procurement , product quality, and delivery. They are leaning towards a multi-dimensional approach and more consideration is being shown towards the causal relationship of procurement on operations. Shareholders want to reduce the risks inherent in supply chain logistics.

The State of the Industry: A Mid-year Look at Transportation and the Economy

Talking Logistics

At Transplace’s recent Shipper Symposium, a diverse group of shippers, logistics experts and analysts came together to discuss the latest industry trends and obstacles faced by supply chain and transportation professionals, and identify strategies for addressing these issues and improving operations. Capacity tightened up in 2014 , but then loosened again in 2015. Freight volumes are up a little with lackluster economic growth, which leaves an implied excess capacity of 2-4%.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

As the logistics industry remains fragmented, riddled with data silos , low-transparency, and archaic manual processes, blockchain within the supply chain can empower this revolution towards digital collaboration. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance. Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain.

Beroe Founder Vel Dhinagaravel speaks at NC State on Origins of Company

NC State SCRC

Listening to him reminded me of the fun we had starting up the first ever company to produce supply market intelligence focused on the procurement space. Today, Beroe is the most successful procurement intelligence company, and continues to lead the pack in this space. A week in, the head of logistics procurement quit – and I became the new head of logistics procurement, managing over 300 truck movements. We moved to 425 analysts in 2014.

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How to Prepare for Tight Truckload Capacity

TMC

In the aftermath of Hurricane Harvey—and as Hurricane Irma moves closer— truckload capacity is tighter than it has been for years, giving some shippers challenges in covering freight. FTR research showed an increase of 7 extra percentage points of annualized pricing in the 5 months after Hurricane Katrina, and a peak of 22% year-over-year spot price increases following the winter storms of 2014. Carriers value different characteristics in their freight.