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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Source ID. Source ID. Content Summary: Personal Mover Transports Employees around BMW Plant. Source ID.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

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Top 25 Supply Chains of 2018

Material Handling and Logistics

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

The year 2018 saw the increasing use of advanced technology to give more intelligence to logistics operations. With the end of 2018 approaching, let’s look back with Abivin at some of the most prominent trends in supply chain management. Source In the year 2018, Artificial Intelligence (AI) and Advanced Analytics have evolved into the kind of “can’t do without” technology. But what happens when you can’t process a huge amount of data coming from different sources?

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Cass Truckload Linehaul Index (July 2018). Here are some excerpts from the press release: 94 organizations are actively involved or have agreed to participate on the TradeLens platform, including more than 20 port and terminal operators across the globe; customs authorities in the Netherlands, Saudi Arabia, Singapore, Australia and Peru; and freight forwarders, transportation and logistics companies including Agility, CEVA Logistics, and DAMCO. I’m back from vacation.

Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018

Talking Logistics

It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. My point of view: success in this industry, whether you’re a technology-based startup or an incumbent, depends on three things: building critical mass; remembering that transportation is not a commodity and that relationships matter (and taking this reality into consideration in your operating model); and measuring and controlling the quality of the end-customer delivery experience.

Building the Business Case for Supply Chain Risk Management

Cerasis

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Managing the complexity of global transportation requires human capital, time, and/or money.

Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Hong Kong has a lot of city transport, lengthy lead times, containerized products, and is much more fragmented when compared to the North American market. Nick formed a tight-knit implementation group with business users, and technologists used the backbone of SAP ERP to source master data and transactional flows from SAP and into Orchestr8.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Managing the complexity of global transportation requires human capital, time, and/or money.

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” It is rare today to read the Wall Street Journal or listen to an earnings call without hearing about the impact of rising transportation costs. The second question we get is what strategies can we implement to lower our transportation costs.

One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling and Logistics

For organizations that source products from suppliers in remote regions, blockchain can provide clarity in an otherwise murky journey from harvest to retail. billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons).

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

With maritime transport growing at an average rate of over 8.5 Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Why Logistics and Transportation Should Digitize

3rdwave

Haslam College of Business, April 2018). Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. What is Digitization?

Supply Chain Risks: Which Are Top of Mind Today?

Talking Logistics

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Do we have the right Service Level Agreement metrics in place? Is the mode of transport the most efficient to impact on-time delivery?

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. Supply chain is not just about the procurement and transportation of goods from source to consumer.

What Supply Chain Risks are Threatening Your Company?

Enterra Insights

”[1] The report focused on four key metrics: supplier criticality, supplier financial risk, global sourcing risk, and foreign exchange risk. If you are an upstream supplier or a downstream retailer, different metrics must also be considered. It includes supplier financial health, unique local risks, availability of transportation, the trade climate, and more. ” IndustryWeek , 18 May 2018. [3]

Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal?

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018.

Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

However, sourcing managers with a narrow focus on delivery are missing out one of the greatest advantages of forging collaborative supplier partnerships: an opportunity to drive synergies that are otherwise perceived as impossible within the confines of the business. As a sourcing manager, you may need to go outside your comfort zone to think about new, innovative ways to collaborate for achieving sustainability because Collaboration comes in more than one flavor! Subscribe Here!

Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

The 2018 FIFA World Cup soccer championship has drawn millions of sports enthusiasts to Russia. All these goods have to be transported on time from their supplier or manufacturing location — often at the other end of the world — to the stadium or the athletes’ lodgings. million shipped items and 60 metric tons of air freight.*. Multimodal transport: A multi-layered, connected carrier network is essential. Source: [link].

5 ways TMS transforms Logistics Managers' jobs

Abivin

That’s where the need for Transportation Management System (TMS) comes into play. Automate the manual process Source It can be very time-consuming to do the repetitive work manually. Manage data and information in real time Source Thanks to TMS integration, you can perform data management and information management in real time. Enable a proactive approach towards supply chain management Source Why is this important?

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

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The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The links between these nodes are the freight, transportation and logistics players who move the goods throughout the Supply Chain. Trucks, Ocean Freighters, Planes, Rail, and Vehicle transportation all consume energy in the provision of their services. Low cost sourcing is a predominant reason for this geographically dispersed network. Do they have a plan to get all of their energy needs from sustainable and renewable sources? are generated by transportation.

5 fundamental ways to reduce Last mile Delivery Costs

Abivin

The term “last mile” is more than just a buzzword in the logistics and supply chain industry, concerning the transportation of goods to the final destination. You can measure your fleet performance with 5 key metrics for last mile delivery. However, the inefficiency of delivering goods and difficulties in reaching end users trigger last mile problems by dint of high transportation expenses. Source 1. Source 3.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. Supply chain is not just about the procurement and transportation of goods from source to consumer.

50 expert tips on logistics planning and strategy

6 River Systems

“Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment.

Are You Up to Speed with Supply Chain Digitization?

Supply Chain Collaborator

Trucking and overall transportation capacity in the US is at or near all-time highs at the exact moment that supply chains have grown increasingly complex. At the root of the challenge is the fact that increasingly demanding customer delivery times virtually demand the engagement of “highly capable, service-oriented carriers” which, given the current environment, can no longer be sourced at anything less than a premium.

As Cities Get ‘Smarter,’ Energy Sector Said to Be at Greatest Risk to Cyberattacks

Supply Chain Brain

Energy and communications also are among the top three critical infrastructure sectors that respondents anticipate can benefit the most from smart cities, along with transportation. Source: ISACA. Global Supply Chain Management SC Analysis & Consulting Quality & Metrics Supply Chain Security & Risk Mgmt.

The Future of Energy for Manufacturing!

Supply Chain Game Changer

Today, manufacturers located in multiple geographies are faced with complex energy sourcing options affected by various procurement and billing requirements and the ever changing local/state/federal legislation. While optimizing energy sources can result in cost avoidance, optimizing energy can also provide new sources of revenue to the organization as they become net energy providers to the grid themselves. Subscribe Here! Email Address.

Is it Advantage Organized Retail in India?

Logistics Trends and Insights

For more on Raghu and how to contact him with questions, sources etc. Amazon planned ahead on an extensive product assortment and investments in infrastructure (transportation logistics, fulfillment centers & payment systems) prior to starting their operations in India five years ago. Guest post by a former UPS colleague and now independent consultant with a particular specialty in India, e-commerce and retail. Check out our friend, Raghu Ramachandran’s latest article.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Transport network disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal?

The blockchain revolution: audit efficiency & trust in sustainably certified supply chains

Provenance

It documents ideas for how certifiers can leverage blockchain technology to reduce audit inefficiency, create a single source of truth for chain of custody (CoC) tracking and support sustainability data reporting. A single source of truth for chain of custody tracking. To overcome this challenge, blockchains could provide a single source of truth for the movement of goods across all actors in a supply chain.

Why Logistics and Transportation Should Digitize

3rdwave

Haslam College of Business, April 2018). Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. What is Digitization?

Achieving Transportation Excellence by Focusing on Daily Improvement

Talking Logistics

Whether it’s to reduce transportation costs, centralize their transportation management, or deliver better service to customers, both parties identify a desired outcome and work collaboratively to deliver on those promises. This strategic planning process provides clear goals and identifies the strategic choices to achieve them – a model for delivering alignment, transparency, and metrics that truly define success. OGSM has four components: Source: Transplace.