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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. The reality is that most companies do a poor job of managing the global transportation process…if they manage it at all.

How Safety Stock Absorbs Demand Volatility

ToolsGroup

But companies can overcome this obstacle by positioning the right inventory across the supply chain to absorb such volatility. Surprisingly, there is an immediately available, relatively straight-forward alternative – fixing your inventory (safety stocks) to cope with the forecast uncertainty.

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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.

[INFOGRAPHIC] The 7 Benefits of Made in USA Driven by Reshoring Movement, Technology, and Better Transportation Costs

Cerasis

You can prepare by investing staff, inventory and equipment to meet increasing demand for domestic-made products. offers lower labor, natural gas and electricity costs than some other developed countries in Europe and Asia, including the United Kingdom, Germany, France and Japan.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Transportfolio

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central?

What’s new in automotive logistics?

Quintiq

Or put another way, car manufacturers are trying to purchase a larger proportion of their parts in low-cost countries – particularly in Asia but also in other continents. Planet Planning Supply Chain Planning & Optimization Transport & Logistics

Logistics Industry’s Slow Economic Comeback Continues in Spite of Challenges

Supply Chain Network

Authored by transportation consultant Rosalyn Wilson of Delcan, Inc., Inventory carrying costs increased 10.3 percent last year due to higher costs for taxes, obsolescence, depreciation, and insurance, which were offset by a further drop in the inventory carrying rate and warehousing costs. Transportation costs were up 10.3 Department of Transportation, Penske Logistics, Macy’s, Adelante SCM Corporation, BNSF Rail and Fortna, Inc.,

This Week in Logistics News (October 12-16, 2015)

Talking Logistics

SMC³ Acquires Transportation Costing Group. August 2015 Freight Transportation Services Index (TSI). Inventory Management. Nearly 50% of international container miles are empty, primarily because companies lack the realtime information to generate effective street-turns.

The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

tariff on China electronics is seeing a rise in demand for these products from other countries within Asia. Inventory stockpiling is starting to occur based on prices and supply/demand curves.

5 E-Commerce Order Fulfillment Choices!

Supply Chain Game Changer

Do they have the ability to verify customer identity and information? Tracking is a method for the clients to be informed of the status of their products in delivery. Clients can remotely handle their inventory and make informed decisions based on their consumers purchasing behaviour. ShipWire also has a lot of storage facilities built in different countries such as US, China, Europe, Australia, and Asia. Subscribe Here! Email Address.

The 7 Trends Shaping The Future of the Logistics Industry

Cerasis

It is now the standard to go ‘international, ’ and logistic solution providers have a role to play in enabling this trend through a transportation network. . It is these factors that must be considered in with regards to this group and how you present information to them. In the past, the logistics industry’s growth was driven by Asia to Europe and Asia to North America exports. In today’s society, technology has been changing at an unprecedented pace.

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Inbound logistics requirements for the new automotive supply chain

The Network Effect

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. This information is critical to ensure correct rating so as to avoid excessive charges. SMMT/Ltd Flickr.

Experts Choice Of Top Online Logistics Resources

Freightos

Transport Intelligence, the well-respected U.K. consultation firm, runs four ‘Logistics Briefing’ newsletters: Global, Americas, Asia/Pacific and Mergers & Acquisitions. Transport Topics. American Journal of Transportation. Air Transport World.

Is Google the most innovative supply chain company in the world?

Freightos

The internet giant may have started off in a garage, focusing on indexing the world’s information, but Google has since become famous for other experiments it runs, from automated cars to i nternet routers on weather balloons. Transportation Optimization.

How to Turn Your Supply Chain into an Innovation Engine | Guest Post from Erwin Hermins

Kinaxis

In the past, stores had to supply a wide variety of paint colors and finishes based on consumer demand estimates, building inventory and tying up working capital. while growth is expected in Asia. The company’s product is highly configurable with long lead time components sourced from suppliers in Asia. while the second contract manufacturer builds in Asia, with a three- to five-day delivery interval to the U.S. But what if inventory was replaced with information?

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Quality information from accounting systems is of critical importance en route to a successful supply chain which helps movement towards sustainability.

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E-Commerce Takes Off in Developing Countries

Elementum

We examine the benefits and obstacles to e-commerce in Southeast Asia, South America, and Africa. Asia has the fastest growing ecommerce market. Platforms usually hire companies that will handle their logistics and product delivery, but they risk losing control over their inventory.

Los Angeles and Long Beach Terminal Congestions

CH Robinson Transportfolio

Currently, more than 10,000 TEU vessels are cascading down to the transpacific trade from the Asia-Europe trade. Robinson for further information. Global Transportation Supply Chain

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.

How the IoT Platform Fixes Problems in Today’s Logistics Industry

Cerasis

Emerging markets in the Americas, Asia and Africa will continue to increase their awareness and use of the IoT, which will have a significant impact on how today’s supply chain operates. While logistics and manufacturing have grown exponentially, problems have become more complicated.

State of Logistics Outsourcing: Plenty of Room for Growth as Shipper Dissatisfaction & Technology Expectations Increase

Cerasis

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. After China, other regions that have growth potential, according to 3PL and supply chain executives, are North America, Asia (not including China and India) and Western Europe, in that order.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. Managing transportation at this scale is the absolute challenge.

Join Thousands of Students in MIT’s Digital Supply Chain Classroom

Supply Chain @ MIT

On September 30, 2014, supply chain education will take a major step into the digital age with the start of SCx, an on-line educational program developed by the MIT Center for Transportation & Logistics (MIT CTL) for thousands of professionals across the globe.

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

Material Handling & Logistics

Much of the food waste produced around the world can be traced back to inconsistencies in the supply chain: inventories aren’t recorded, suppliers aren’t informed, and quality isn’t taken into account.

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3 Technology Companies Disrupting Shipping

FLEXE

In any of these scenarios, fixed capacity is a mismatch for that variant over in inventory. And then we look, in qualitative information back from our customers. Blog disruption Transportation video Disruptive technology

As Europe Rebounds Supply Chain Continues to Shine

Supply Chain @ MIT

The graduates from the Spanish program tend to stay in Spain, while students from the English program are widely dispersed with about 60% gaining employment in Europe, the Middle East and Africa, 25% in North America and Central America, and the rest in Asia. Bucking the trend.

The India supply chain revolution

Supply Chain Movement

Reddy estimates that this increased transit time by about 50% on a high volume transport lane like Mumbai-Delhi. These long delays for transport run straight into the very localized and demand distribution market. They were receiving notices from local tax authorities demanding information that they could not provide, and it was leading to legal proceedings.”. In speaking to the Asia supply chain Director for a multinational FMCG company, this view was confirmed.

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How to prepare your logistics for Christmas and New Year season

Abivin

According to a survey conducted by Retail News in Asia, Alibaba racked up $30.8 Source How to prepare your transportation for Christmas and New Year season? Do we have sufficient transportation capacity or warehouse staff to match the delivery plan?

The Origins of Category Management

Supply Chain View from the Field

I was involved in inventory control area on what they used to call “residual parts”, which were leftover parts that you ended up trying to sell into the service parts organization. This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas.

Supply Chain Management:Headline for the 2012 Holiday Buying.

Infosys Supply Chain Management

The implication was that orders came in huge surges, and supply chains that were not prepared, particularly those without robust inventory allocation or tight inventory visibility across their brick-and-mortar retail and online retail systems paid a price in customer loyalty. Inventory allocation processes were not able to effectively support customer fulfillment needs across both physical store and online channels. Very informative post, by the way! About Us.

Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

He began by discussing how Free Trade Agreements, along with labor costs and transportation rates, are among the three most critical elements to factor in when analyzing global supply chain decisions. The RCEP doesn’t cover labor laws, data, information services – just products.

This Week in Logistics News (January 16-20, 2017)

Talking Logistics

The big hurdle, as is often the case, is not coming up with the technology (a lot of the pieces already exist), but cutting through the bureaucratic red tape and getting the funding to upgrade our highway and transportation infrastructure.