Understanding Supply Chain Management

SupplyPike

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Replenishable Instock Percentage: Replenishable instock shows the percentage of stores that currently have inventory vs. stores that should have inventory. Learn about.

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

Supply Chain Shaman

Today, this is not a valid assumption, and most manufacturers lack the inventory buffers for inconsistent flows. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics That Matter. Uncategorized cargo global trade inventory ports supply chain visibility

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Letter from the CEO: Coronavirus Market Update

Transplace

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. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels.

Fine-Tune Your Supply Chain By Looking at Amazon

Savi

From there, it can move horizontally to deliver cargo and packages for others and compete with other logistics service providers. Leverage Analytics to Fine-Tune Your Supply Chain Using live IoT data and many other data sources, you can achieve end-to-end visibility of the location and condition of your moving inventory even when multiple carriers deliver it across different modes.

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. It adds efficiency and flexibility to your supply chain and better equips you to quickly replenish inventory throughout the holiday shopping season as consumers sweep through aisles or fill their online shopping carts.

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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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Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading. Carriers pick-up cargo from these designated spaces. The metric is used to establish pricing for a transported order. First-In, First-Out (FIFO) — An inventory management strategy that requires product to be used in chronological order from its arrival to a facility.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. Ambiguity in inventory visibility, tracking, and management. This is across route optimization, traffic management, inventory movement, and predictive maintenance.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. Ambiguity in inventory visibility, tracking, and management. This is across route optimization, traffic management, inventory movement, and predictive maintenance.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

For manufacturers specifically, Logistics Management Software helps in the following activities: Overall supply and demand planning Effective order processing Inbound and outbound transportation management Inhouse warehouse and inventory management Fleet coordination Managing external logistics service providers. Ambiguity in inventory visibility, tracking, and management. This is across route optimization, traffic management, inventory movement, and predictive maintenance.

50 expert warehouse optimization tips and techniques

6 River Systems

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. “The overall amount of time it takes for raw materials or parts to make their way through your warehouse and onto store shelves is another key metric in determining your success as a warehouse supervisor. ” – Emma Sturgis, 10 Great Warehouse Optimization Tips for Small Businesses , Fishbowl Inventory 4.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

Monitoring inventory well can prevent wasted costs and time as small business owners spend 30% more operating excess inventory. First is the ability to manage customers, vendors, stocks and inventory replenishment through diverse selling channels, billing, invoicing and full order fulfillment. Second is start-to-end tracking: the software follows inventory from the initial order to the final delivery.

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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Content Summary: Autonomous Boats Could Ferry Cargo in Busy Cities. We salute the year’s top advancements in supply chain technology and processes.

Seeking Logistics Perfection

Enterra Insights

They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. transportation modes, inventory deployment, and policies) by balancing the trade-offs between customer service requirements, assets and costs.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. They provide air and sea freight forwarding services, customs brokerage and warehouse inventory management services.

Cash Management Tips to Survive the Pandemic!

Supply Chain Game Changer

Within each of these two flows there should be a small number of high impact business processes or metrics that you need to address, holistically, in order to make meaningful and significant improvements in your cash position. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds. You must identify a relatively small number of high impact process and metric levers. Airlines are converting passenger planes to cargo planes.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. With contingency plans in place, the company announced that it had a healthy inventory supply of finished products and did not foresee a risk to patient supply at that time. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

The Logistics Linchpin with Andrew Clark

Aborn and Co.

Sell more with less stock - How inventory planning holds the key to improved profitability. Air freight capacity was restricted to those businesses that had their own dedicated cargo fleet. Now that people have dealt with the availability crisis what is a good metric to measure where their slobs are? . It really is important to look at your slow moving and potentially obsolete inventory.

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

By incorporating TMS information with other inner sources of data, such as ERP and WMS or OMS, the businesses can attain approximately real-time visibility into products from purchase through inventory and transportation. For example, the TMS system employed by Transwide Analytics uses visual reports covering key transport metrics to offer a comprehensive performance view, individual carrier score cards, and freight costs.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Zara also works with Air France, KLM Cargo and Emirates Air in order that they can coordinate directly with the airlines to make the outbound shipments to its stores and bring back some raw materials and semi-finished materials with return legs. The answer is that they use the multi-echelon inventory model to solve the problem. Private fleet is used to perform the backhauls (picks up cargoes from vendors to replenish DCs + sends returned products to vendors).

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. With contingency plans in place, the company announced that it had a healthy inventory supply of finished products and did not foresee a risk to patient supply at that time. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

This Week in Logistics News (May 13-17, 2013)

Talking Logistics

Chainalytics Creates New Metrics for Demand Planning Consortium. Here is a quote from the press release: “The weak cargo increases expected over the next few months are consistent with other signs that the economy is slowly improving but show that retailers remain cautious, especially when it comes to stocking their inventories,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We’re

Next-generation supply chains: Efficient, fast and tailored

Global Trade Management

Global Cargo Monitoring / Cargo Tracking. inventory turns, while the Laggards achieve only 3.8. metrics that really impact the bottom line; the Leaders in our survey. arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring. The arviem services enable clients to monitoring the cargo and managing a trade from end to end real-time. arviem real-time cargo monitoring.

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This Week in Logistics News (March 4-8, 2019)

Talking Logistics

More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric. This data allows project44 to deliver predictive insights enabling users to eliminate costs related to demurrage fees as well as reduce inventory stock outs and manual workload. We didn’t think he would visit us this year, but then came the snow storm early Monday morning, and with schools closed, Billy Bob Joe V finally showed up.

How Tianjin's Aftermath is Affecting West Coast Ports

Elementum

According to data from the first half of 2015, Los Angeles held a 34 percent market share and Long Beach held a 13 percent market share of cargo transport from Tianjin to the U.S. Any dip in cargo traffic from Tianjin will have a big effect on West Coast container traffic, and there are already reports of factories and warehouses closing indefinitely as inventory and buildings see irreparable damage. Port traffic has always been a good metric of overall economic health.

A Quick Glance Into The Logistics Market - March 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.812 trillion in January, up 0.1% billion of cargo, decreasing 1.6% billion of cargo, decreasing 3.3% AIR FREIGHT: Atlanta Air Cargo Traffic: In January, Hartsfield-Jackson Atlanta International Airport transported 49,799 metric tons of cargo, a 10.7% MARKET: Gross Domestic Product: The U.S. GDP increased 1.0%

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A Quick Glance Into The Logistics Market - January 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% billion of cargo, decreasing 1.97% from October 2015 and the lowest level since February 2011. billion of cargo, decreasing 1.13% from October 2015 and the lowest level since June 2011. MARKET: . Gross Domestic Product: The U.S. GDP increased 2.0%

A Quick Glance Into The Logistics Market - January 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% billion of cargo, decreasing 1.97% from October 2015 and the lowest level since February 2011. billion of cargo, decreasing 1.13% from October 2015 and the lowest level since June 2011. MARKET: . Gross Domestic Product: The U.S. GDP increased 2.0%

Doing Business in Belgium

QAD

In fact, 23 percent of its GDP in 2017 went to investments in fixed capital and inventories. Belgium has 41 airports, 26 of which have paved runways and six of which can handle large cargo aircraft. billion metric tons of goods in 2015. The Kingdom of Belgium achieved its independence from the Netherlands in 1830, and has become an admired modern country, well-known as the home of international organizations such as NATO and the EU.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently.

What is the FMSCA’s Unified Registration System (URS) And What is the Impact on Transportation & Logistics Management?

Cerasis

Transportation managers must keep up with the ship dates of inventory, where inventory is currently located in the transportation process, what insurance information is being used and appropriated for each shipment, and many more factors. For small to medium-sized shippers, this is another metric that is going to be required to be obtained, but may simplify the overall process. Effective transportation management can be a hassle.

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4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

It's also important for shippers to understand the different types of liability insurance, according to Trucker's Report , which includes the following: General liability insurance covers a truck, occupants, and cargo when the truck is not moving. As with tracking of customer feedback, a dedicated TMS is capable of tracking KPIs and analyzing metrics to determine the performance ratings of particular parties in the shipping process.

3 Technology Companies Disrupting Shipping

FLEXE

So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. So I wanted to tell you, why does your cargo get bumped. Why does your cargo get rolled? It was mainly because most of your cargo today is moving on standby. Until the last minute, your cargo is not confirmed. The reason that cargo is booked today? And then, during peak, your cargo is getting rolled. The cargo shouldn’t be rolled.