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. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018

Cerasis

Let us take a closer look at some the advanced manufacturing technologies set to define the state of manufacturing throughout 2018. Global spending on robotics will climb to more than $67 billion by 2025, and 2018 is expected to be the year of the first big-break returns on robotics. 3-D printing is among the most influential of the advanced manufacturing technologies that will revolutionize manufacturing in 2018.

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Supply Chain Predictions for 2018

Material Handling and Logistics

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018. 2018 will be about predicting the future, not just about understanding the present.

Eight Key Takeaways From FreighTech 2018:TLV

Freightos

This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. As Amihai Zeltzer, the Head of Logistics and Industries at Salesforce pointed out, at the end of the day, a customer is interested in shipping or managing his goods. The crux of visibility is that given how complex supply chains are, there’s no one data source that is a single source of truth for everything.

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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 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. In particular, the company has been criticized for its long-time practice of using local water sources for its products.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. LTL to Intermodal Shipping Can Pinpoint Higher Spend and Drive It Into Retreat One of the best ways to ease fears of supply chain and freight black swan disruptions is to expand the current carrier network.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! It offers a finely tuned supply chain, with experienced suppliers, that will design, prototype, build and ship products at a fraction of the time it takes elsewhere. You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

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 (September 3-7, 2018)

Talking Logistics

The New First Moment of Truth: Can We Ship It Profitably? In this age of free shipping, it seems that for online orders, there’s a new first moment of truth: can we ship it profitably? At least that’s the case for Walmart, which according to an article in the Wall Street Journal , “has begun telling online shoppers that some products in its warehouses are ‘out of stock’ after the retailer changed its e-commerce systems to avoid orders deemed too expensive to ship.”.

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

Talking Logistics

Here are the ones that caught my attention: Maersk and IBM Introduce TradeLens Blockchain Shipping Solution. Cass Truckload Linehaul Index (July 2018). This is self-contradictory,” said Jansen at the [Global Liner Shipping Conference]. More than 154 million shipping events have been captured on the platform, including data such as arrival times of vessels and container “gate-in”, and documents such as customs releases, commercial invoices and bills of lading.

Go Boldly Together: Takeaways from Nulogy xChange 2018

Talking Logistics

This unprecedented change, and the challenges and opportunities it creates for CPG companies and suppliers, was a hot topic of conversation at the Nulogy xChange 2018 conference a few weeks ago where I delivered a keynote presentation and moderated a panel discussion with industry executives (more on that later). . Nulogy xChange 2018: Why Courage is So Important Today. Source: Nulogy.

How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Global Sourcing Technology.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants.

Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

Cerasis

The Solution: Systems Enabling An Omnichannel Retail Strategy Are Easier to Implement Than Ever The solution, for retailers struggling with omnichannel development and deployment, lies in advanced systems that utilize an open-source architecture. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. This is most obvious in business models allowing for ship-to-store and curbside pickup of online orders.

How to Optimize Port Throughput in Global Supply Chains

The Network Effect

Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. Global Trade Logistics Supply Chain Management global supply chains global trade ports shippingIt’s. The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect.

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Building the Business Case for Supply Chain Risk Management

Cerasis

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. Source: Deloitte We can provide lots more statistics and data , but the takeaway here is clear: effective supply chain risk management is critical for any organization to be successful in our ever-changing world.

Sourcing promotional products the right way

Claritum

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. And as many suppliers are based in the Far East, buyers need to understand local pricing, duties, testing and shipping to ensure they receive the right product to enhance their promotional strategy.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL carriers have always been seen as a way to navigate tight capacity in full truckload, but the increased use of LTL capacity today means the ability to respond to on-demand shipping is diminished.

RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. According to Atlas RFID, Active RFID tags require a power source, and therefore can initiate communication with a reader (beacon). Passive RFID tags, on the other hand, rely on power sources within external RFID tag readers. In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006.

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The Top 5 Changes That Occur With AI in Logistics

Cerasis

The Top Logistics Trends that Will Impact Logistics Management in 2018?. Such figures cannot be easily improved at the source, so algorithms are being used to analyze historical data, identify issues and improve data quality to the level where significant transparency on the business is gained. There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true.

12 Distribution Center Best Practices You Need to Implement Today

Cerasis

The more you can eliminate sources of human error — such as taking notes on scraps of paper —?the Reducing touches in shipping might mean your pickers “pick” to a shipping receptacle instead of an intermediate carton or tote. You know better than anybody that the layman would probably never believe how complicated distribution center management can be.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

The Applications of Blockchain Are Growing, And Supply Chain Execs Need to Know Where to Look The applications of the use of blockchain in supply chain and logistics platforms are under development, but 2018 is expected to be the year when such technologies reach the masses. The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management.

Food Logistics Tips for Making Sure Perishable Foods Are Safe During Transit

Cerasis

The Top Logistics Trends that Will Impact Logistics Management in 2018?. The supplies must get shipped quickly, so they remain fresh and don’t dry out — brewers must use hops within 12 hours of harvest. Water sources, lines, nozzles or tanks should remain free of pathogens and biofilms — this prevents the spread of foodborne illnesses, too.

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Cutting out the Middle Man: Presenting “Shipping With Amazon”!

Supply Chain Game Changer

In February, 2018 it was reported that Amazon was going to launch its own delivery service: Shipping With Amazon! The “Shipping With Amazon” service, albeit currently on a much smaller scale, competes with the logistics service and delivery capabilities offered by UPS, FedEx, and UPS. Still Amazon can now act as its own shipping agent. The Advantages of Shipping With Amazon. Shipping With Amazon is a strategy that should not be surprising.

Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Cycle stocks can leverage economies of scale by using economically optimum supply quantities that minimize buying, making and shipping unit costs. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

[WHITE PAPER] The Wonderful World of Managing Parcel Shipping Spend

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Wonderful World of Managing Parcel Shipping Spend” white paper! This is a must read for those who want to reduce costs in parcel shipping and increase overall proficiency in parcel shipping spend management! Managing parcel shipping spend in the 21st century is exceedingly complex. What is in the Parcel Shipping Spend Management White Paper?

Unlocking the Value in Blockchain for Logistics

Cerasis

This ensures validation of product, order, and shipping data in real-time. Blockchain also helps with the manufacturing process, helping consumers tap into additive manufacturing sources, like 3D printing, for parts fulfillment, reducing the cost of manufacturing and transport along the way. This is a major source of added value through blockchain. The value in blockchain for logistics is about more than just retaining information.

Blockchain and Supply Chain Analytics: Impact of Small to Large Supply Chains

Cerasis

Blockchain’s ability to identify the complete history of a product, as well as analytics to denote problematic operating and shipping processes, can alleviate the concerns over a counterfeit product and ensure all raw materials and components are sourced properly. Reduction in costs of compliance occurs as companies are capable of storing, retrieving and monitoring shipping processes and reducing paperwork in completing such activities.

Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

Applying blockchain in logistics and supply chain management is about doing more with less, a common concept in business, and shippers need to know a few things about how it could add value to the shipping ecosystem. Freight audits will become almost nonexistent as information is tracked to the point of origin, whether it’s the manufacturing location, raw materials used, sourcing of reclaimed parts, or payment processing.

What 2017 Reveals for Transportation Management Software in 2018

GTG Technology Group

As 2018 approaches, leading companies will pioneer new trends in supply chain management. Containers loaded on ships disappeared into a black hole until they crossed the ocean and arrived at their destination port. Faster fulfillment enables shipping of items that have to be delivered within a narrow window. Sources: [link]. The post What 2017 Reveals for Transportation Management Software in 2018 appeared first on GTG Technology Group.

How To Keep Your Supply Chain Moving Fast as Fuel Costs Rise

Elementum

In today’s blog we’re taking a look at what this means for shipping costs, and how retailers can fortify their operations against price hikes. Why are shipping costs growing? by the end of 2018. But the largest source of cost increases for most companies have been driver wages and benefits. Response of shipping companies. Shipping costs hit an all-time high earlier this year. shipping Logistics transportation fuel costs trucking

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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Completed by the exporter, the bill of lading provides a list of the contents of the shipment, establishes the value of the cargo, and acts as a legally binding document through the shipping process. NAFTA Certificate of Origin – Completed by the exporter, the NAFTA Certificate of Origin (Form 434) certifies that the goods being shipped qualify for preferential treatment under the terms of NAFTA.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. One area that can quickly yield benefits is in parcel shipping. For example, a company may be using two- or three-day express shipping to ship parcels over a short distance where they probably would have arrived in the same time using ground.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

This is how he described their impact (emphasis added): “It may be because customers have such easy access to more information than ever before – in only a few seconds and with a couple taps on their phones, customers can read reviews, compare prices from multiple retailers, see whether something is in stock, find out how fast it will ship or be available for pick-up, and more. In other words, if your shipping your own goods, you’re competition. Source: Amazon.com.

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Supply chain planning – it’s time to get personal

Kinaxis

It wasn’t a surprise when a supplier shipped late, a machine was suddenly overloaded or a demand planner informed you that you were working off the wrong demand plan. We needed to consider all of our planning attributes like sourcing restrictions or material expiry. by Bill DuBois When sacrificing family time becomes the norm. Supply planning – to profitably align supply with demand. It sounds like something you could get done during an honest day’s work.