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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. Supply Chain

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S. Take cargo airships, for example.

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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right.

12 Smart Ways to Reduce Your Freight Costs

Logistics Bureau

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Make an in-depth cost analysis.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! The Hackett Group has recently released their analysis of their procurement benchmarking database. It’s no longer simply a matter is of getting a freight cargo rate from A to B.

Cargo Trade Faces Life in the Slow Lane After Brexit

Supply Chain Brain

freight in the slow lane as well. Cargo has no controls.” The threat of delays at Zeebruge for freight shipped to and from Britain highlights the broad economic risks of Brexit, not least for the U.K., Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Regulation and Compliance Air Cargo All Logistics Global Gateways Global Logistics Transportation & Distribution

Mobile Technology in Transportation Management & The Future Impact on the Supply Chain

Cerasis

So, fleet managers need to ask a fundamental question, “What does it mean if my drivers, assets and cargo are continuously connected to the enterprise and how can I leverage this fact to create value for my organization?”. Mobile Technology in Transportation Management Impacts all Points Along the Supply Chain. The smartphone is carving out a place for itself in the supply chain (they are starting to replace ruggedized devices).

Supply Chain Complexity and Technology

Enterra Insights

At least that is what Steve Dowse, Senior Vice President of Product Management at Blume Global, hopes will happen in the supply chain arena. Complexity across the manufacturing and retail landscapes has evolved to unprecedented levels and a breakdown in the supply chain is not an uncommon reason for failures.”[1] Technology in the supply chain. ” Following are some of the ways, technology is impacting supply chain operations.

US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

As the US Federal Government begins to implement a Sequestration program of mandatory spending cuts to address its budget deficit, effective March 1, the Department of Homeland Security is warning of potential delays to the processing of inbound air and sea freight shipments. And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders.

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Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Let’s think about the changes that consumers have had on supply chains recently. That’s where air freight and third party logistics providers (3PLs)—like C.H.

How Freight Billing Works

Freight Center

If you have shipped before, then you know how important it is to understand how freight billing works. Freight billing is an unavoidable part of the process for every shipper. Without the knowledge of best practices for freight billing, it can be easy for small businesses to get caught up in freight billing mayhem. Knowing how freight billing works helps avoid costly shipping mistakes and gives you more time to spend running your business.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

So while cost and quality are often viewed as the most important priorities for a company’s supply chain, delivery speed is quickly gaining in prominence. And bringing air freight services into the spotlight. . Only the most flexible supply chains can succeed in such an environment. Let’s think about the changes that consumers have had on supply chains recently. That’s where air freight and third party logistics providers (3PLs)—like C.H.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

This Week in Logistics News (August 3-7, 2015)

Talking Logistics

This was a relatively quiet week for supply chain and logistics news, which is typical for August, so let’s go straight to it: Macy’s expands same day delivery to 17 cities as it challenges Amazon ( Reuters ). Cargo Chief Cracks the Code on Transportation Capacity. Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. Finally, the list of startups looking to disrupt the freight brokerage and freight forwarding markets continues to grow.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. With some 5 million companies impacted by China’s supply chain woes, the picture is similar in other parts of the world. A study of the tactics employed by companies falling into category 2 may provide lessons in shrewd supply chain management that we could all learn from.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. Applying the total cost of ownership analysis to the supply chain implies identifying all direct, indirect, and other associated costs. Supply chain costs analysis.

China-Europe rail freight up 47%

EFT

Intercontinental freight travelling between China and Europe has increased dramatically as a result of COVID-19 disruptions. Blank sailings by major cargo lines to support fragile shipping rates and a mass cull of air freight capacity, as commercial airlines stopped flying, created major headaches for many supply chains, particularly for those trying to ship time-sensitive loads.

This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse Automation Technologies. Heavy-Duty Truck Orders Fall to Lowest Since 2010 (WSJ – sub. req’d).

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Advanced Planning and Scheduling (APS) — Critical supply chain planning that also accounts for production schedules. Agile — The concept of having a flexible supply chain that allows for quick order fulfillment with short lead times and varying volume.

5 Easy Ways to Monitor Supply Chain Health

TMC

Is the current performance of your supply chain network optimal? Here are five supply chain basics that all managers can analyze on an ongoing basis to keep tabs on the health of their supply chain networks. Metrics show how your supply chain is performing—providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance.

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events.Connect. In previous posts , we’ve explored ways to prepare for supply chain disruptions that are predictable using the rich functionality of modern transportation management system (TMS) technology. The responses can be very expensive since, in many cases, the last recourse is to expedite via air freight. Risk Management Resilience Risk Supply Chain

Can the Cloud Solve Your Freight Forwarding Challenges?

BluJay Solutions

In a business as dynamic and complex as freight forwarding, technology is crucial to maintaining efficient, flexible operations. For mid-sized and expanding small businesses that need to compete with larger providers, a cloud-based freight forwarding platform can deliver operational efficiency, end-to-end supply chain visibility and the speed and agility you need to maximize revenues and deliver market-leading customer service.

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Peak Season Resurgence to Test Pared-Down Global Supply Chain

BluJay Solutions

The recent prediction by respected Hong-Kong based trading and distribution business Li & Fung of increased seasonality, with the observation that “retailers are now placing orders with shorter lead-times and pushing deliveries closer to their seasons", marks an interesting development for the global supply chain, particularly if it is accompanied by increased order volumes.

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EU Directive Simplifies Inter-Region Customs Processes for Ocean Freight

BluJay Solutions

While great news for the global supply chain, the 8 July announcement by the European Commission of new plans to ease custom formalities for ships demonstrates the continued complexity of inter-region customs within the EU and the high associated costs for freight forwarders , logistics services providers (LSPs) and exporters. The post EU Directive Simplifies Inter-Region Customs Processes for Ocean Freight appeared first on Kewill Corporate.

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. As reported recently by Supply Chain Management Review ( SCMR ), the Pacific Merchant Shipping Association (PMA) is analyzing container dwell time at all 12 international container terminals in the San Pedro Bay area.

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Countdown to ACE. What do U.S. Customs changes mean for customs brokers and the supply chain as a whole?

BluJay Solutions

While effective Customs compliance has always been about gathering the right information from the right supply chain parties at the right time, the level of detail required by ACE will necessitate greater collaboration, visibility and control than ever before. Read our next ACE blog post for an analysis of those benefits, including financial rewards and faster cargo clearance. Customs changes mean for customs brokers and the supply chain as a whole?

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Supply Chain IoT Unlocks Efficiency and Transparency

TMC

But perhaps most exciting of all is how this vast infrastructure of sensors is unlocking extremely powerful analytical capabilities that create more efficient and transparent supply chains. Technology analysis firm International Data Corporation estimates that worldwide spending on IoT will experience a compound annual growth rate of 15.6% Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9

Supply Chain IoT Unlocks Efficiency and Transparency

TMC

But perhaps most exciting of all is how this vast infrastructure of sensors is unlocking extremely powerful analytical capabilities that create more efficient and transparent supply chains. Technology analysis firm International Data Corporation estimates that worldwide spending on IoT will experience a compound annual growth rate of 15.6% Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9

Cloud Computing: Aspirin for Supply Chain Headaches

Murano Corporation

Common supply chain challenges faced by business today include order processing, fulfilment, and invoicing errors when dealing with customers and suppliers. Cloud computing is the perfect medicine to get rid of these supply chain headaches. Improved supply chain visibility and inventory turns means better operational efficiency. Spend analysis maturity model Ready to tackle rush orders?

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The 11 Transportation Service Offerings

The Logistics of Logistics

Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. There are many different types of cargo that are moved in various types of ships. Bulk carriers are cargo ships used to move bulk cargo like coal, ore, grains and liquids. Bulk cargo is commodity cargo that is transported unpackaged in large quantities.

This Week in Logistics News (February 4-8, 2019)

Talking Logistics

Here’s the supply chain and logistics news that caught my attention this week. req’d) Global Blue Chips Intensify Efforts to Increase Supply Chain Transparency (WSJ – sub. The real-time freight visibility space was particularly hot this year, with two major acquisitions completed in recent months ( Descartes acquired MacroPoint and Trimble acquired 10-4 Systems ). [This page is intentionally left blank.]. because my mind is blank this morning.

Eco-Responsible Rail-Freight

Global Trade Management

In one of our previous blog articles, we already mentioned the arviem capability of carbon-foot print analysis based on real-time cargo monitoring data. Real-time cargo monitoring could provide the relevant information and help to select areas of improvement. Improvements in the logistics chain are not only good for the environment. On this subject, only rail freight can claim to have a low environmental footprint.

Supply Chain Experiencing High Rate of Terrorist Attacks

Material Handling & Logistics

Attacks on global supply chains by terrorist groups have hit the highest rate ever as have associated costs, according to a report recently released by BSI. The variety of attacks include targeting the oil infrastructure, hijacking and cargo theft through to contraband smuggling, extortion and kidnapping schemes. . In 2016 a total of 346 attacks took place, according to analysis conducted by BSI’s SCREEN Intelligence program.