The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

Cerasis

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues. Data Analysis Grew Exponentially, Providing More End-to-End Visibility and Continuous Improvement.

ABC Analysis of Inventory: Optimize Business Bottom Line

OptiProERP

ABC analysis strategy is used to classify data into three categories based on the values of the target measured in descending order. You can have more, but too many will complicate your analysis and cycle counting routines. OptiProERP’s manufacturing ERP has a number of dashboards and tools to perform the analysis of your inventory to define the appropriate ABC classifications for you. With OptiProERP, you get to present the ABC analysis data in various chart types.

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The 7 Best Events For Freight Shipping in 2015

Cerasis

Are you up-to-date with the latest events in freight shipping and logistics? Staying current in the world of shipping and freight also takes strong networking and communication. Conferences and expos are a chance for you to hear from the industry’s top players, and most importantly, build relationships with other freight shipping professionals. 7 of the Best Freight Shipping Events to Attend in 2015. Freight freight shipping

Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. Inventory management, picking, packing, and shipping are all time and resource-intensive processes which can have a dramatic impact on a business’s bottom line.”.

Shipping industry hit by multiple cyber attacks

EFT

The shipping industry is facing increased threat from cyber attacks, as it faces the reality of two major attacks in the space of a week. CMA CGM, which is the world’s fourth-largest container shipping company, that access did occur and that there has been a data breach. “We

The Ins and Outs of SDE Analysis in Inventory Management

Unleashed

Inventory control encompasses all aspects of managing a business’ inventory stock, from purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. The SDE analysis is considered a common inventory control and optimisation method. What is an SDE analysis? This analysis classifies inventory on three different levels, based on the availability of items. Why is SDE analysis used?

5 Signs You Need a Professional Supply Chain Analysis

AFFLINK

If your supply chain is struggling to meet its goals or seems to be continually leaking money, your company could be due for a supply chain analysis. While some businesses are reluctant to invest financially in an analysis, refusing to have one performed could cost them far more down the road. A supply chain analysis offers an unbiased assessment of where your supply chain is coming up short and provides effective strategies to fix these gaps. Staff Looking to Jump Ship.

Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future.

LTL Market Analysis and Insight for Q4 and Into 2019

Cerasis

Consistent growth and higher rates are two common factors in any LTL market analysis today. To conduct a full LTL market analysis, let’s take a closer look at what to expect in the coming months. Few New Entrants Affect the LTL Market Analysis There have been dozens of new carriers to offer Full Truckload (FT) services over the past year. e-Book] 8 Big Factors to Consider for Efficient LTL Shipping. Where Does the Analysis Take Us?

Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

Cerasis

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Profits Need More than Benchmarking in your Transportation Cost Analysis.

How Flatbed Shippers Can Benefit From a 3PL

PLS Logistics

With increased safety requirements, the need for better visibility into the supply chain and proper shipment analysis are all essential for successful flatbed shipping. To eliminate all the challenges and optimize flatbed shipping processes, companies can […]. Blog 3PL 3pl logistics flatbed flatbed shipping flatbed shipping dimensionsFlatbed shipments are essential for industrial businesses.

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Five Causes of Analysis Paralysis You Can Avoid

TMC

For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. Setting unrealistic or unsuitable performance targets can easily put you on the road to analysis paralysis. The post Five Causes of Analysis Paralysis You Can Avoid appeared first on Connect Blog by TMC, a division of C.H. How often do you feel like you’re drowning in data?

Editor’s Pick: Is it Time to Operationalize Ship From Store?

Talking Logistics

Today’s post is from Manhattan Associates highlighting four methods for operationalizing scalable, labor-efficient and associate-friendly ship-from-store processes. Regardless of these initial reasons, ship from store has become an omni-channel mainstay. Free shipping. Because free shipping is today’s go-to online promotion, shipping from the closest store or the store with the most available labor can mitigate the impact on retailers’ margins.

10 Areas of Focus to Gaining “Best in Class Shipper” Status For LTL Shipping: An Overview

Cerasis

We will focus primarily on LTL shipping, but some of these areas can be applied to other modes of over the road shipping. As more organizations supply chain grow more complex, the need for additional shipping options will grow. To understand how a shipper achieves “Best in Class Shipper” status, you need to take a look at some of the chief factors that influence shipping activities. Shipping freight inherently comes with a large amount data. Shipping Strategy.

Industrial Traceability: In-depth analysis transcending the boundaries of your production and supply chain

SupplyOn

And finally there’s the supply data such as the Advance Shipping Notification (ASN) and Forwarder Pickup Advice (FPA). The post Industrial Traceability: In-depth analysis transcending the boundaries of your production and supply chain appeared first on SupplyOn

ERP System to Help Improve Your Pick, Pack, and Ship Activities

My Office Apps

How an ERP System Can Help Your Pick, Pack and Ship Activities. Read on for some essential tips on how to improve your warehouse and shipping activities. By placing the frequently picked products closer to the shipping area, warehouse staff can easily and quickly pick the items on demand. Additionally, warehouse managers should consider integrating the packing and shipping stations to free up space and streamline the fulfillment process.

Last Mile Shipping Success Requires a Holistic Approach

Talking Logistics

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries. The post Last Mile Shipping Success Requires a Holistic Approach appeared first on Talking Logistics with Adrian Gonzalez.

Amazon Go and the Future of Sentient Buildings: An Analysis

Supply Chain Brain

Specifically, they are inferring pose for articulated motion analysis in crowded scenarios. Emotion Research Lab says they have the ability to measure attentiveness, which might be a great safety feature for ensuring that drivers and pilots of trucks, trains, planes, and ships are paying attention, potentially saving lives. When it comes to disruption of business as usual for supply chains, Amazon towers above the rest.

Giants in the tank. Has liner shipping lost its mojo?

DELMIA Quintiq

As world affairs go, the most recent Global Liner Shipping conference in London did not stir up much interest in the global news cycle. Yet carriers are still talking up their new ships and cheering every uptick in container rates (already below cost levels), noisily celebrating this as a prelude to an economic spring. Expect further reductions in capacities and workforces across mining, metals production, heavy industrial equipment, ship building, and many others.

Actionable Insights: CFO Action Center for Financial Analysis

QAD

The CFO Action Center spans six areas, including financial analysis, revenue analysis and shipping and sales performance analysis. This blog focuses specifically on the Financial Analysis KPIs. KPIs for Financial Analysis . Using the indirect method for calculating sources and uses of funds, the analysis calculates changes in cash by measuring changes in cash, short-term assets, accounts receivable, accounts payable and any short-term debt payments due.

Avoid These Parcel Shipping Mistakes to Reap Big Benefits

BluJay Solutions

What if I told you I could help your company save thousands of dollars in parcel shipping costs? In a single carrier environment, you limit your ability to find the best shipping option. Having a multi-carrier shipping solution solves this first mistake. When margins are tight and budgets are thin, where do you find the money to invest in a carrier agnostic, third party shipping application? Do Data Analysis and Benchmarking for Competitive Advantage.

13 Small Package Shipping or Parcel Shipping Best Practices

Cerasis

According to Jeff Berman of Logistics Management, 71 percent of shippers believe the greatest focus for small package shipping is cutting costs. Yet, shippers can reduce costs in small package shipping by following these best practices. Audit Small Package Shipping Carrier Invoices. Compare Different Modes of Shipping. Shippers often do not consider how different modes of shipping can actually be involved in small package shipping.

Last Mile Shipping Success Requires a Holistic Approach

CH Robinson Transportfolio

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries. Robinson we leverage our technology platform, Navisphere ® , for the collection and analysis of real time delivery data.

How A.I. Will Transform Shipping and Logistics

Supply Chain Brain

Business Strategy Alignment SC Analysis & Consulting Global Supply Chain Management All Logistics Global Logistics Transportation & Distribution All Technology Supply Chain Visibility SC Finance & Revenue Mgmt. is seeping into virtually every industry, and logistics isn’t immune. Imagine systems that can sift through huge volumes of information to formulate “smart” recommendations as to routes, scheduling and pricing. Their capabilities would far exceed those of the human brain.

Shipping is still lost at sea when it comes to big data

DELMIA Quintiq

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. Thus my case of the shipping industry taking a page out of the retail industry handbook. The sooner the shipping industry opens up to changes and borrowing ideas from other commoditized industries, the better.

Free Shipping Just Got More Expensive – Retailers and Consumers to Spend More to Counter Carrier Cost Hikes

BluJay Solutions

Free shipping is top of the list for consumers when making purchase decisions and it’s been shown that they will modify their spending patterns to ensure they get it, feeling that spending more is worthwhile to save a few dollars in shipping charges. Retailers are upping the minimum spend for free shipping by stealth, with major names such as Amazon, Best Buy and Gap recently increasing their qualifying spend according to analysis by the Wall Street Journal.

Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

Instead, it take active sensing, tracking and pattern recognition of shipping, chain of custody and quality information. Big data supply chains Safe and Secure Supply Chain brand trust food safety PCA safe and secure supply chains sentiment analysis supplier sensing traceabilityThe city of Philadelphia is eerily quiet this morning. On the door of my favorite coffee shop is a closed sign. There is no traffic on the streets.

How Shipping Software Innovation Led a Technology Company Into Freight Management!

Supply Chain Game Changer

Our technology business, Horizon Technology, was being hindered by our shipping processes. We couldn’t make existing shipping software work for our business, at least at a cost we could afford. We seek to simplify all aspects of shipping through enterprise-level tools that are attainable to medium and small businesses. We have automated shipping management and tasks to the point that most of our customers can reallocate personnel up to 20-30%. Subscribe Here!

Control the Cost of Free Shipping with Enterprise Parcel Shipping Analytics

Cerasis

It’s Time To Take A Closer Look At Your Parcel Shipping Costs eCommerce is driving the demand for smaller, more frequent last-mile deliveries. At the same time, consumer expectations for free shipping and more delivery options are increasing, largely reinforced by Amazon. Increasingly, they are turning to enterprise parcel shipping software with parcel shipping analytics. 5 Parcel Shipping Trends to Optimize Shipping & Reduce Costs.

This Guy Reinvented the Shipping Pallet, Making It Safer, Stronger and Smarter

Supply Chain Brain

The lowly shipping pallet — a ubiquitous tool of modern commerce — has a habit of causing trouble. Global Supply Chain Management SC Analysis & Consulting Healthcare Pharma/Bio-Tech All Logistics Transportation & Distribution Logistics Outsourcing Global Logistics All Technology SC Planning & Optimization

The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Global shipping can be difficult to organize, and costs tend to be high.

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The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Global shipping can be difficult to organize, and costs tend to be high.

Cargo 34

Global Supply Chain News on Growing Number of Container Ship Fires Blamed on Cargo Issues

Supply Chain Digest

Misdeclaration and Poor Packing are Key Factors, New Analysis Says

Supply Chain Weekly Wrap-Up from 06/26/20-07/02/20

All Things Supply Chain

senators have called for a government analysis of foreign influence in the U.S. pharmaceutical supply chain… General Supply Chain News Weekly wrap-up coronavirus shipping supply chain news supply chain sustainability weekly wrap-upAfter pandemic, U.S. senators want review of drug supply chain Republican and Democratic U.S.

Multi Carrier Shipping: 8 Ways to Avoid the Shortsightedness Of Chasing The Least Cost Carrier

Cerasis

When you are looking to choose a carrier when it is time to ship your freight, it might seem obvious to go with the carrier that provides you with the lowest “sticker price.” The best practice, even speaking broadly, in the world of LTL shipping and most modes, is to have a multi carrier shipping mind set. 7) Using a Multi Carrier Shipping Transportation Management Solution. 8) Employing Carrier Relationship Management in Multi Carrier Shipping.