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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. MORE
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. MORE
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. MORE
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.” MORE
” 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-. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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.” MORE
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. MORE
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. MORE
” 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-. MORE
” 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-. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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! MORE
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. MORE
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. MORE
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. MORE
“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.” MORE
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. MORE
” 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. MORE
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. MORE
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. MORE
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. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. The team also needs to understand the characteristics and nature of the cargo. MORE
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! MORE
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. MORE
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. MORE
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? MORE
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.”. MORE
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. MORE
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. MORE
Cargo Inventory Procurement Shipping The Supply Chain Journal
APRIL 23, 2021
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.
The Supply Chain Journal
APRIL 6, 2021
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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ThroughPut
DECEMBER 3, 2019
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.”
ThroughPut
OCTOBER 28, 2019
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.
The Supply Chain Journal
JULY 2, 2021
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.
Transplace
MARCH 18, 2020
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.
FLEXE
DECEMBER 11, 2016
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.
The Logistics & Supply Chain Management Society
SEPTEMBER 14, 2021
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.
GlobalTranz
SEPTEMBER 23, 2021
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.
Supply Chain Game Changer
FEBRUARY 27, 2019
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!
Supply Chain Game Changer
DECEMBER 1, 2020
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.
|
NC State SCRC
MARCH 25, 2021
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.
Turvo
JULY 15, 2021
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.
Supply Chain Game Changer
APRIL 29, 2020
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!
CH Robinson Transportfolio
AUGUST 28, 2018
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.
Material Handling and Logistics
OCTOBER 23, 2018
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.
Kinaxis
OCTOBER 23, 2015
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.
ThroughPut
APRIL 10, 2020
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.
ThroughPut
APRIL 10, 2020
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.
ThroughPut
APRIL 10, 2020
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.
Freightos
AUGUST 26, 2015
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.
CH Robinson Transportfolio
AUGUST 14, 2019
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.
Talking Logistics
AUGUST 14, 2018
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.
ThroughPut
MAY 5, 2020
” 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 Opz
NOVEMBER 9, 2014
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.
BlueYonder
JANUARY 14, 2020
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?
Logistics Bureau
MARCH 3, 2020
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.
6 River Systems
DECEMBER 13, 2019
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.”
BlueYonder
JANUARY 21, 2021
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.”.
ThroughPut
MAY 5, 2020
” 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-.
ThroughPut
MAY 5, 2020
” 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-.
SupplyOn
OCTOBER 2, 2018
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.
6 River Systems
JUNE 26, 2020
“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.”
Enterra Insights
MAY 3, 2018
” 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.
Logistics Bureau
DECEMBER 9, 2019
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.
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