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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

This post is the second in a series of “How to Spot Supplier Risk.” ” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Enhancing Supplier Risk Management Through On-Site Evaluations. The second article in our series on identifying supplier risk explores what to look for during on-site evaluations.

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight.

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

CH Robinson Transportfolio

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. . Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. The risk of delays and lost cargo are real. What risk does your cargo face?

Identity Theft, Trucking Style

Talking Logistics

One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). Here’s how the scheme works, as described in an AP article published last October ( Thieves Pose as Truckers to Steal Huge Cargo Loads ): Thieves assume the identity of a trucking company, often by reactivating a dormant Department of Transportation carrier number from a government website for as little as $300. Keep the cargo moving.

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This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Are you attending the Council of Supply Chain Management Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM.

This Week in Logistics News (January 19-23, 2015)

Talking Logistics

LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Teamsters lose another vote at FedEx Freight facility (Reuters). ” Companies have historically overlooked B2B Connectivity when evaluating supply chain software solutions, such as transportation management systems. Supply chain management is all about risk management, and this is a great example of how third-party logistics providers (3PLs) need to redefine themselves.

Coronavirus COVID-19 Supply Chain Update

Transplace

Ocean Cargo Updates. Cargo flows and ship calls are rebounding in China as the situation normalizes. With the estimated average ocean freight of $1000 per TEU, ocean carrier revenue loss adds up to $1.9b. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks. Coronavirus COVID-19 Supply Chain Update.

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

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Note: GT Nexus and JDA Software are Talking Logistics sponsors.

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Letter from the CEO: Coronavirus Market Update

Transplace

Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Cargo flows and ship calls are rebounding in China. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks, and until normal volume is reached, carriers would continue to selectively implement blank sailings, likely until the end of March.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. This is a stunning turn of events as it is the first cargo-only flight for American Airlines in 36 years, carrying medical supplies, mail for U.S. Subscribe Here! Email Address.

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Letter from the CEO: Market Update April 23, 2020

Transplace

Facilities for drivers are being cleaned regularly to minimize risk. Transpacific Eastbound ocean freight spot market remains relatively stable to both U.S. Port of Virginia’s cargo volumes are down ~ 9% YoY. Intra-European road freight is still flowing. Continue to do mini-bids and or send freight to spot when a new lane comes up, a carrier’s performance warrants a change, etc. Letter from the CEO: Market Update April 23, 2020.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

Letter from the CEO: Market Update May 21, 2020

Transplace

We are continuing to see heavy freight solicitation from our carrier base. Most dry van carriers saw a decline in activity but were able to mitigate much of the cost implications by furloughing drivers, freight handlers (dockman), and back-office staff. Based on spot market data from the Transcore / Link Logistics database, rates within Canada have softened since mid-March between 4 and 14% depending on the lane / market. The air freight market is still extremely volatile.

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. A transportation management system (TMS) can be used as a communications hub to maintain a high level of supply chain connectivity. Review global trade management processes.

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Don’t Wait for Dwell Time to Delay Your Freight

TMC

Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. A transportation management system (TMS) can be used as a communications hub to maintain a high level of supply chain connectivity. Review global trade management processes.

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Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value.

The 11 Transportation Service Offerings

The Logistics of Logistics

Last summer, Inbound Logistics published a list of different 3PLs and their services. 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.

Transparency and integrity for your supply chain

Global Trade Management

Ideally, the supply chain manager always knows where and in which condition his merchandise is. Tracing of freight – reduce search times Logistics manager often complain high search time for lost goods. With the deployment of the right monitoring technology you have your freight better under control. The recipient of a shipment can for example demonstrate when and where in the distribution chain, the cargo has been damaged.

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Embargoes have been enacted and may impact your freight. Operations for freight cargo will remain closed until further notice. Note that when the channels and port open, cargo destined for other ports may be unloaded in Houston. Risk Management Logistics Supply Chain Management Technology Weather

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Embargoes have been enacted and may impact your freight. Operations for freight cargo will remain closed until further notice. Note that when the channels and port open, cargo destined for other ports may be unloaded in Houston. Risk Management Logistics Supply Chain Management Technology Weather

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

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. When these events happen, shippers are forced to execute emergency contingency plans and decisions, or manage as best they can if they don’t have a plan or have opted for a wait-and-see strategy. In today’s uncertain world, supply chains are more sensitive than ever to unplanned risks.

Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers —to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. They can also be used to identify back-up routes and freight facilities.

Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers—to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. They can also be used to identify back-up routes and freight facilities.

4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

European Commission Questions Quality of Customs Data Provided by Logistics Services Providers for ICS

BluJay Solutions

In its recent communication on Customs Risk Management and Security of the Supply Chain (8 January 2013), the European Commission raised concerns around the robustness of the current risk management process for goods entering the EU under the Import Control System (ICS). Next Steps: Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight.

Logistics Responses to Europe’s Migrant Crisis

TMC

How has the crisis affected the logistics of moving product across the region, especially at highly congested border crossings? Probably the most notable outcome from a logistics standpoint has occurred in Calais, France, where trucks headed for the Channel Tunnel to the United Kingdom were being boarded by migrants. The increased complexity can cause delays and increase logistics costs. But there are ways to mitigate risks like these.

3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. Jeremy Thone is the Marketing Director at 3PL Systems, which is a transportation management system software company based in Signal Hill, California.

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Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics. The blog spends a lot of time focusing on the use of transportation management systems and how they can increase efficiency in your supply chain. Freight Hub.

6 Emerging Trends In Supply Chain and A Deeper Look into Driverless Vehicles

Cerasis

Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . Trends in supply chain are rapidly increasing the use of smart technologies to help with supply chain management. Management Professionals in Supply Chains. Highly skilled professionals are making their way into supply chain management leading to a talent explosion. Managing Risk.

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6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

Again, those without a digital capability are effectively putting their drivers at risk, incurring higher costs for the personal protective equipment (PPE) for staff, and risking access to fewer drivers. The only hope of surviving and thriving lies in enabling effective risk management and achieving supply chain resiliency. Identify weaknesses contributing to limited real-time visibility in management. That’s where Port X Logistics, using Turvo, comes into play.

What you should know about ASEAN Last Mile Delivery

Abivin

The logistics industry in ASEAN (Association of Southeast Asian Nations) is thriving in recent years, making it a huge logistics hub for both domestic and foreign investors. The shipment of goods to their final destination, referred to as last mile delivery in the supply chain, accounts for 30% of total logistics cost. What are the challenges facing ASEAN logistics managers? Source The logistics landscape also varies across ASEAN countries.

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Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

Blockchain has the potential to turn the tables, helping organizations streamline supply chain management (SCM), bolster cybersecurity across each touchpoint, maximize customer value and maintain a competitive edge.”[1]. Richard Howells, SAP’s Vice President for Solution Management for the Digital Supply Chain, believes blockchain will not only help address complexity but will reduce costs as well. Managing trade documentation. Managing supply chain risk.

Supply Chain IoT Unlocks Efficiency and Transparency

TMC

How have IoT logistics applications evolved since then? Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9 A key application area I described in my last IoT post was the use of sensors on trucks to track the status of perishable cargos. More detailed information on the status of shipments translates into improved supply chain visibility and risk management.

Supply Chain IoT Unlocks Efficiency and Transparency

TMC

How have IoT logistics applications evolved since then? Moreover, freight monitoring drives much of this spending, says IDC, accounting for an estimated $55.9 A key application area I described in my last IoT post was the use of sensors on trucks to track the status of perishable cargos. More detailed information on the status of shipments translates into improved supply chain visibility and risk management.