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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.

Coronavirus COVID-19 Supply Chain Update

Transplace

Coronavirus COVID-19 Supply Chain Update. With the global spread of the coronavirus (COVID-19), vulnerabilities in supply chains continue to be exposed. As the first tier in many company supply chains, the disruption in China has sent ripples through the worldwide economy. Ocean Cargo Updates. Cargo flows and ship calls are rebounding in China as the situation normalizes. The post Coronavirus COVID-19 Supply Chain Update appeared first on.

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7 Benefits Realized Utilizing Big Data to Optimize Supply Chains

Cerasis

Editor’s Note: This is a guest blog post from end-to- end global supply chain services company, Flash Global. The company focuses on high tech industries such as telecome , data storage, data centers, bio-medicine, and any company who needs supply chain visibility and proactive supply chain services for replacement parts and more. We are excited to feature this company as they deal in the fast moving world of complex global supply chain solutions.

Air Freight: Learning the Basics to Optimize Your Global Supply Chain

CH Robinson Transportfolio

What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Other benefits within your supply chain—from lower inventory carrying costs and the opportunity to capture market share—may offset the possibility of higher freight costs.

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

What’s Holding Back Customer-Centric Air Cargo?

Freightos

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month. Real-time resource scheduling that turns “supply chain” into “demand chain”. Harnessing cloud-based software to automate freight pricing.

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How can you prepare your supply chain for disruptions?

DELMIA Quintiq

The recent West Coast ports cargo-handling disruption is an example of the butterfly effect. The labor dispute caused freight bottlenecks. Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays. Labor disputes, bad weather, and IT outages are just some examples of disruptions that could affect an otherwise well-designed supply chain. But what makes a supply chain resilient?

The state of supply chains: Aerospace

EFT

Aerospace supply chains stalled in March when Covid-19 saw airlines ground most of the world’s passenger aircraft. The supply chain was working hard, investing in capability and capacity to allow an increase in the number of aircraft being produced.

Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. We’re always trying to stay on top of Supply Chain developments at Argentus. The idea of tubes whisking freight across the land at near-supersonic speeds smacks of an old-school image of the future. For one thing, the technology’s immense speed would allow greater Supply Chain flexibility.

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. Others say February… Where they all agree is that the labor union discord was the icing on the top of a broken link in the supply chain. As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships.

Before a Cargo Claim Happens, Prepare a Plan: Part 1

CH Robinson Transportfolio

Before a Cargo Claim Happens, Prepare a Plan: Part 1. Want more effective and efficient resolution of cargo claims? The first thing to know is that when freight is damaged or lost in transit, the initial burden is on the claimant to file a cargo claim with the carrier. Supporting documents include the bill of lading (BOL) and a copy of the carrier’s freight bill. The post Before a Cargo Claim Happens, Prepare a Plan: Part 1 appeared first on Transportfolio.

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How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost.

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Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication. Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost. Inventory Optimization Multichannel

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more.

Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face? It’s important to note that most cargo insurance plans don’t cover lost revenue due to a public health crisis, like coronavirus.

Containerized Shipping – Technology Advancements And Value Creation

Gravity Supply Chain

Learn about the benefits of containerization and how Gravity supply chain solutions’ container tracking feature enables real time visibility of your cargo.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Inventory Turnover Breakthrough … Go Back To The Basics! Change is inevitable in modern supply chain management, and risk management is essential to success. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Understanding the top 10 global supply chain risks can work to reduce their impact. Know the top risks in global freight management.

Control Tower: Simplifying Supply Chain Logistics

20Cube Logistics

There was no transparency or control, creating a complete vacuum for the customer and showed the inefficiency of freight forwarders. Such challenges fractured supply chain. Control Tower” is one such technology that has become increasingly prevalent in the supply chain to monitor and track deliveries in real-time, providing milestones information as it happens and much more to make the process simpler and efficient from Purchase Order to Last Mile Delivery.

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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.

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.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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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. 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. Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Truckers and shippers have real fears over the effects and long-term impact of the supply chain coronavirus disruption. The coronavirus, also known as COVID-19, continues to change basic supply chain functions. Subscribe Here! Email Address.

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Mexico Back in the Supply Chain Spotlight

Talking Logistics

We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. Watch the short clip below where he discusses three key challenges: imbalance of freight during peak season; the visibility black hole at the border; and the need to build in flexibility.

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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. But the ripple effect of same-day delivery on inventory management, store operations, and IT is anything but trivial.

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. Inventory costs.

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. Inventory costs.

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. Inventory costs.

Letter from the CEO: Coronavirus Market Update

Transplace

40’ containers: Due to the lack of imports, this equipment is in limited supply across the country. The supply of 40’ equipment across the U.S. Packaging and CPG supply chains appear to be oversold in many places and transportation demand is strong from those sectors. Retail supply chains are slowing as customers are staying home in many areas of the country which will affect the global supply chain to an extent.

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.

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains.

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Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

Increasingly, however, articles about blockchain technology focus on how it can help improve supply chain operations. Today’s supply chains are mindbogglingly complex and blockchain has the potential to address some of that complexity. David Higgins, EMEA Technical Director at CyberArk, explains, “It only takes a quick Google search of ‘supply chain diagrams’ to see how complicated the modern day supply chain has become.