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Fed up with cargo congestion, freight forwarders flee O’Hare airport

The Supply Chain Journal

Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate airfreight operations an hour west to an uncrowded facility in Rockford, Illinois.

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What Is Procurement in Freight

The Supply Chain Journal

For management, one of the most critical aspects of shipping and inventory management is the concept of procurement in freight. Freight capacity procurement, therefore, focuses on how much load space or capacity is available on a railroad car, truck or van, vessel, or aircraft.

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Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.”

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.” And considering that our international tariff laws have been more dynamic in the past three years, shipping U.S.

Small and midsize businesses recovering from pandemic, but supply chain disruptions continue

The Supply Chain Journal

It’s definitely been a fun time to be running procurement and supply chain at Zoomo right now.”. Norfolk, Virginia-based xTuple provides enterprise resource planning software called xTuple ERP, which includes accounting and inventory management, as well as supply chain and sales systems.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Cargo flows and ship calls are rebounding in China.

3 Technology Companies Disrupting Shipping

FLEXE

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. 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. MSC is interested to charter those ships.

Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Using AI and ML to analyse past performance will help organisations optimise inventory.

The State of the Trucking Market in 2021

GlobalTranz

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Inventory Turnover Breakthrough … Go Back To The Basics! For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Shippers need to re-evaluate ocean route use and determine which carriers can increase shipping in anticipation of tropical storms. Subscribe Here!

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Procurement of Vaccines. This targeted deployment will require much more precision in distribution than if the vaccine was just shipped en masse to all population centres. drop shipping directly to the points of consumption without any intervening distribution centre stops.

A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited.

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Finding Trucking Capacity by Rapidly Onboarding New Carriers

Turvo

In the logistics and shipping industry, capacity refers to the amount of space secured on trucks and other vehicles to carry shipment loads. Managers have to ensure enough containers exist at any moment to hold cargo and enough trucks become available to transport them.

How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

While many may consider this as the holy grail for shipping and consider it unachievable, with careful planning and using the right shipment methods, lowering your freight costs and making sure they are competitive, can become a reality. Optimize your cargo packing. Subscribe Here!

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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Supply Chain Risks Come from All Sides

Material Handling and Logistics

In the early days of July, while most Americans slowed down to celebrate their country’s independence, a single ship sped toward China, racing against a series of new tariffs that would go into effect on July 6th. cargo ship Peak Pegasus made its way toward the port of Dalian with a load of soybeans. If everything went right, the ship would have arrived with about an hour to spare before the tariffs went into effect.

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño. As a result, some shipments moving from Asia to the Gulf Coast and eastern ports of the United States will be forced to reduce cargo loads to meet the new requirements. Assess Inventory Positions. by Kirsten Watson It’s not often that a weather phenomenon becomes part of the pop culture zeitgeist.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Ambiguity in inventory visibility, tracking, and management.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Ambiguity in inventory visibility, tracking, and management.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Ambiguity in inventory visibility, tracking, and management.

Experts Choice Of Top Online Logistics Resources

Freightos

Shipping Gazette Daily News. One of the most comprehensive daily summaries, and by far the leading Asian-based summary, China’s Shipping Gazette provides daily information about carriers, forwarders and technology. Air Cargo World. This American based niche news site specialises in air cargo. Since 1974 with industry-leading expertise in, well, American shipping. Cargo Business News.com. based niche site, covering air, sea, rail and road cargo news.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. Procure enough capacity.

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

Talking Logistics

Inventory stockpiling is starting to occur based on prices and supply/demand curves. Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Businesses can track forecasts, orders, shipments and inventory levels to acquire actionable information that can improve efficiencies and create value.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Procurement costs. Inventory costs. Reducing inventory costs does not equate to eliminating inventory altogether. Inventory management-.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement.

Cross Functional Planning as a Way of (Business) Life

BlueYonder

Are those responsible for deciding how much cargo to carry next week, next month, next year (inventory planning, distribution planning) communicating directly with network designers and factory planners to understand where the inventory is coming from and what the constraints will be?

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping.

50 expert warehouse optimization tips and techniques

6 River Systems

Where is your picking operation located with respect to shipping and product storage? Products with tight shipping deadlines or time constraints should also be stacked in this manner, thereby streamlining movement and overall travel time even more.”

Profitable Agility: Part 2 of Agility and Resilience in Supply Chain Execution

BlueYonder

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Procurement costs. Inventory costs. Reducing inventory costs does not equate to eliminating inventory altogether. Inventory management-.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Procurement costs. Inventory costs. Reducing inventory costs does not equate to eliminating inventory altogether. Inventory management-.

A convincing industry approach: SupplyOn’s Rail Community boosts the efficiency of the railway industry

SupplyOn

SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The Swiss Federal Railways (SBB), with around 34,000 employees, a transport network of over 3,000 kilometers and almost a half billion passengers per year, is the national railway company of Switzerland, consisting of the four divisions Passenger Transportation, Cargo, Infrastructure and Real Estate.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.”

Omnichannel is another Word for Complexity

Enterra Insights

” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations. And also, how much and where the optimal inventory should go so we can satisfy that customer’s needs wherever she wants to shop.”[5] There’s also the added labor, time-consuming worker training, the need to discount inventory, and additional handling and shipping fees.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. International shipping is complicated, and documentation requirements hard to understand. It’s time to start looking ahead again.