Importing from Asia: Selecting the Right Shipping Port

West Coast and California Logistics

Your company has made a cost-driven decision to manufacturer in Asia and import from Asia back into the U.S. For this decision, you’ll need to look at the impact of port location on time-to-market, customer satisfaction, freight costs and inventory costs.

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Inventory Replenishment Underway

Logistics Trends and Insights

Census Bureau inventory data, for June, indicates the need for inventory replenishment as the seasonal-adjusted sales to inventory ratio declined to 1.37 Total business inventories declined 2.3% for June/May while inventories declined 5.8% Inventory Replenishment.

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The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

For example, you might be surprised how beneficial rail service between Europe and Asia can be for your business today. . Robinson’s average rail transit time between Europe and Asia is 14-18 days, with some routes completing the trip in only 12 days.

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What is Inventory Carrying Cost?

EMERGE App

And we pick the most cost effective means of shipping. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples. What is Inventory Carrying Cost? Why Do Businesses Carry Inventory?

Why Now is the Time to Choose LCL Shipping

CH Robinson Transportfolio

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. From transit uncertainty, consolidation of service providers, trade war complexity, inconsistent visibility, and even global pandemics, LCL shipping provides solutions to navigate these choppy waters. As COVID-19 affected businesses around the world, the need for expedited LCL shipping grew significantly.

Top eCommerce Marketplaces in Southeast Asia

Vinculum

In the Asia-Pacific region including Southeast Asia, 57.9% So, if the question is on the eCommerce business in South-eastern Asia, let’s understand how the major businesses work and where they are today. Let’s start with the king of Southeast Asia eCommerce platforms, Lazada, which is also a part of Alibaba Group (along with Taobao and AliExpress). With a presence in four other countries, Zalora is another top eCommerce platform in Southeast Asia.

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Safety Stock Calculation For Your Wholesale & Distribution Business

EMERGE App

It commonly describes the additional stock that you keep in your inventory to reduce the risk of stockouts. You are wholly dependent on your suppliers, both local and overseas, to produce and ship the goods that you carry. Optimal Inventory Level. Introduction.

Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

This has been an interesting year for the ocean shipping industry. 2019 Ocean Shipping Trends. We saw tariffs and retaliatory tariffs enacted, leading many importers to ship earlier than normal to avoid paying higher tariffs. Besides front loading their shipping to avoid tariffs , importers are accelerating supply chain diversification by moving toward Southeast Asia. This is critical because of the way service strings today operate from Southeast Asia.

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Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

This has been an interesting year for the ocean shipping industry. 2019 Ocean Shipping Trends. We saw tariffs and retaliatory tariffs enacted, leading many importers to ship earlier than normal to avoid paying higher tariffs. Besides front loading their shipping to avoid tariffs , importers are accelerating supply chain diversification by moving toward Southeast Asia. This is critical because of the way service strings today operate from Southeast Asia.

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Trending: Effects of West Coast Ports Labor Dispute

Tompkins Blog

Retailers rely heavily on these ports for imported goods coming in from Asia. Even when factoring in an economy that is healthier than a year ago, these numbers suggest retailers are pre-loading Holiday inventory. Article: Inland Port Development: What is the Impact on Shipping Patterns, and How Can 3PLs Take Advantage? Blog Post Asia Global Ports Shipping Transportation By Chris Ferrell. Director, Tompkins Supply Chain Consortium.

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

China’s so-called “One Belt One Road” strategy connects the country via an overland and sea corridor to Central Asia, the Middle East, and Europe. This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Global Transportation Management asia logistics Europe Global Trade

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

China’s so-called “One Belt One Road” strategy connects the country via an overland and sea corridor to Central Asia, the Middle East, and Europe. This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Global Transportation Management asia logistics Europe Global Trade

3 Technology Companies Disrupting Shipping

FLEXE

Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Shipping a 40-ton container back in July or June used to cost about $700 — a 40-ton container. More than half of Hanjin’s ships were chartered. So the chartering companies are already receiving the ships back and they need to rent them. MSC is interested to charter those ships. Those are indications that they don’t run a tight ship.

An Update on the Coronavirus and Its Effects on the Global Supply Chain

Logistics Trends and Insights

In addition, ships, including gas carriers, were held back from calling in Wuhan as authorities ordered terminals to stop operations in a bid to slow down the outbreak. Asia Pacific China Supply chain risks Coronavirus DHL Resilience 360by Amy Wunderlin .

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Global Shipping Trends: What to Expect in 2018

TMC

Overall, 2017 was a good year for the ocean shipping industry. It’s a big switch from 2016, when the bankruptcy of Hanjin, one of the largest container shipping providers, forced everyone to confront how volatile this industry really is. Now we are starting to see most carriers’ operating margins improve, driven mainly by robust demand, positive inventory developments, and higher rate levels. While this is very positive for the shipping industry, you have to wonder.

Global Shipping Trends: What to Expect in 2018

TMC

Overall, 2017 was a good year for the ocean shipping industry. It’s a big switch from 2016, when the bankruptcy of Hanjin, one of the largest container shipping providers, forced everyone to confront how volatile this industry really is. Now we are starting to see most carriers’ operating margins improve, driven mainly by robust demand, positive inventory developments, and higher rate levels. While this is very positive for the shipping industry, you have to wonder.

ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Manage consignment inventory. Designed to enable supplier collaboration and provide inventory visibility, they particularly appreciated its cloud-based design and ability to support purchasing models ranging from discrete orders to Kanban and VMI. ANCA builds CNC tool grinding machines.

Global Shipping Trends: What to Expect in 2018

CH Robinson Transportfolio

Overall, 2017 has been a good year for the ocean shipping industry. It’s a big switch from 2016, when the bankruptcy of Hanjin, one of the largest container shipping providers, forced everyone to confront how volatile this industry really is. Now, at the tail end of 2017, we are starting to see most carriers’ operating margins improve, driven mainly by robust demand, positive inventory developments, and higher rate levels. Global Forwarding Carrier Alliance Ocean Shipping

Are Ocean Freight Prices Absolutely Broken?

Freightos

Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin.

Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Phone calls to Europe or Asia were costly and of poor quality. Like a rocket ship traveling to Mars, a new press release popped into my email each day. In the 1980s, I had a flip phone. (On

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

Using China as a central transhipment platform for your regional / global distribution and mixing and shipping goods from various suppliers and origins into China will be main aspects of this discussion. Is the trade imbalance between China and Europe going to keep freight costs towards Asia low for the foreseeable future? Order and stock optimization of your Chinese Inventory. How do you optimize your inventory levels in the volatile Chinese market?

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Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. Peak shipping season has heated up early. A predictable pattern of events follows: shipping volumes spike, space on airlines and vessels becomes harder to secure, and prices go up. The holiday peak season is one of the busiest shipping periods of the year around the world. Shoulder season; shipping ramps up. Peak shipping season. Shipping volumes start increasing.

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Nike’s Global E-Commerce Distribution Center in Leuven Belgium

NC State SCRC

Shipments arrive from Nike’s network of global manufacturers in Asia, and includes footwear, apparel and equipment. The DC serves as the hub for Nike’s global e-commerce business, and orders taken from Nike.com are shipped to consumers all over the world from this DC, including North America. The DC ships 220M units annually, with a total of 213,000 inline SKU’s. They ship in quantities from 1 to 1000 units, and are continuously improving their performance.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. In this role he supported the different businesses (12 in Europe and 11 in Asia) for all aspects of the Supply Chain; but Peter did not have direct Asia Sourcing/manufacturing accountability. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns.

Ecommerce Boom in SEA – Carving the Way to a Powerful Future

Vinculum

The eCommerce market in Southeast Asia (SEA) has become a booming industry, with its most engaged mobile users. It is to introduce items for cooking, entertainment, and work with free shipping for their consumers.

Vinculum is a part of Gartner Magic Quadrant for WMS (2017-2020)

Vinculum

” According to them, WMS applications offer capabilities such as receiving, put-away, stock locating, inventory management , cycle counting, task interleaving, wave planning, order allocation, order picking, replenishment, packing, shipping, labor management and automated materials handling equipment (MHE) interfaces. Trusted by global Brands like Johnson & Johnson, Puma, Bata and RedTape, Vinculum serves across the USA, South-east Asia, Middle-east and India.

Logistics Trends Part 2

BluJay Solutions

Restructuring production schedules has been part of this, as well as encouraging consumers to pre-order, removing much of the risk of holding too much inventory. Computer peripherals, such as screens, that were often moved by air are now far more likely to be shipped by container. This may seem counter-intuitive as sea freight transit times are increasing as shipping lines introduce slow steaming in order to reduce fuel costs. First Trend: Yield Dilution.

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

This distinguished gentleman happened to have just retired as President of Global Freight Forwarding, and prior to that, as President of UPS Asia Pacific. In this case, the context was an annual bid and quote negotiation they had to do with electronic manufacturers who wanted to ship products from the factories in Asia to the US. How much of the tonnage will move from factories in China to Europe, to the US, and to intra-Asia.

How To Sell Online In The Philippines

Vinculum

Check the market for its demand, shipment, cost, inventory storage, and level of competition. Perishable goods like alcohol, perfume, cigarettes, fruits, and vegetables, have certain shipping restrictions in Philippine, for which you require more documentation.

Decoding the cross-border eCommerce puzzle

Vinculum

For example, people Southeast Asia pacific countries like India, Malaysia opt for cash on delivery, whereas Americans prefer card payments. Every country has its own sets of rules and regulations that you should be aware of before shipping your products. Shipping and logistics.

What Is Supply Chain ERP?

IQMS

Supply Chain ERP systems provide Electronic Data Interchange (EDI) integration support, inventory control and management, inventory and order-level financial reporting, distributed order management, warehouse and distribution reporting, and analytics and integrated asset tracking systems. The threat existed of counterfeit products leaking into their supply chains when they were relying on a legacy MRP system to manage a broad base of suppliers across Asia.

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5 Ways To Improve Your Import-Export Business Now

EMERGE App

And for Europe and South-East Asia, it’s definitely WhatsApp. And in Japan and parts of Asia, it’s true that more decision-making insights are revealed over post-work drinks and a round of karaoke. And like the rest of Asia, your business card is an extension of you. Inventory management software such as EMERGE App allows you to use as many currencies as you need in your business. Use barcode technology to dispatch your products before shipping them out.

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. While there are a number of detailed requirements listed below related to inbound logistics (which are fully complied with in the new cloud network platforms we have been discussing), the real key is that in addition to optimizing transportation and logistics costs, we also want full inventory visibility and control.

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5

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Defining Your Own Logistics Competitive Weapon

Talking Logistics

Source: “Tech in Asia” – https://www.techinasia.com. What is the impact of Prime’s service offerings, including fast and free shipping, on Amazon’s top-line growth? Of course, Amazon’s ever-growing shipping and logistics costs are a drag on profitability, which the company offsets in part with its highly-profitable cloud computing business.