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Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. It’s time to start looking ahead again.

Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. They might allow companies to carry less inventory – perhaps using Hyperloop to rapidly source whatever parts or raw materials that can’t be 3D printed. As a result, the technology represents the greenest transportation method yet devised, which would make Supply Chains more sustainable.

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Global Cargo Monitoring / Cargo Tracking: Seeking Sustainability on.

Global Trade Management

Global Cargo Monitoring / Cargo Tracking. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Seeking Sustainability on new fronts – Environmentally and Economically. They are now demanding sustainable, environmentally sound, fair trade practices, while expecting no less financial gains than before, for their trade and investment.

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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. Source ID. Source ID. Sustainability. Source ID. To do this the company is hoping to enroll all of its export and domestic suppliers in China, starting with 100 of its top suppliers, into an emissions reduction program called Project Gigaton, which is part of Walmart’s global approach to sustainability. Source ID. Source ID.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

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. To improve operational efficiency successfully and in a sustainable way, people across the entire business need to have a shared understanding of the supply chain goals and also what their individual roles are in achieving them.

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Can Blockchain Really Make Supply Chains More Transparent and Ethical?

Enterra Insights

Loss of inventory in the food industry due to perishable items. Hence, the ability to trace each product to its source (product lineage) is critical for companies. For example, Christopher Tang reports blockchain solutions are being developed for ocean cargo to help make operations more efficient.[3] 1] Pieter Vandevelde, “ How to make supply chains ethical and sustainable with blockchain ,” Supply Chain Dive , 5 June 2018. [2]

Modernizing the Retail Supply Chain

Enterra Insights

… Food manufacturers to logistics companies will increasingly face audits and pressures from those they work with to help those at the top meet their sustainability goals, which are increasingly being driven by the end consumer.” ” Banker notes, “Millennials have embraced both sustainability and convenience. Cargo bikes, drones, last mile robots, and autonomous delivery vans are all being trialed.”

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Some Supply Chain Management Principles are Timeless

Enterra Insights

It still takes a long time for cargo ships to transit the vast expanses of ocean. Inventories still need to be stored. Prepare for the worst but proactively limit your risk through second sourcing, auditing environmental and social compliances, and creating inventory plans that ensure continuity. The supply chain owns sustainability. Although sustainability has not been a traditional supply chain principle, going forward it will be.

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Pandemic Highlights Need for Agile Supply Chains

Enterra Insights

Truckers, warehouse workers and cargo handlers, all in a vast network, find themselves one endless day after the next getting food, medicine and, yes, toilet paper to customers. Data visualization and analytics are enabling supply chain leaders to make effective decisions on managing inventory, reducing overall cost and lead time. 7] Tobias Grabler, “ Supply Chain Agility Starts With Visibility ,” Sourcing Journal , 20 September 2019

Top 10 Supply Chain Innovations of 2017

Material Handling & Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Source ID. Source ID. Sustainability. Source ID. Source ID. Source ID. Source ID. Source ID. Content Summary: First Self-Sailing Electric Cargo Ship Set to Launch. Source ID. Source ID. Source ID.

New Panama Canal Options: Running the Numbers with a TMS

TMC

When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. Modern TMS solutions are designed to help shippers make such trade-offs, with analytics platforms that take data from multiple sources and present the shipper with a single access point for calculating total landed cost.

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.” Joseph Giranda @cfrrinkens Joseph Giranda is the Director of Commercial Relations at CFR Rinkens , a global leader in the shipping of commercial cargo, specializing in the containerized shipping of motor vehicles.

Supply Chain Sins, Fallacies, and Mistakes

Enterra Insights

Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Koenemann explains, “The amount of lead time required, combined with the lack of flexibility in typical supply chains, is making many overseas sources problematic. Inventories tend to sit on the books, working capital suffers, and companies are left with difficulties in moving product.”

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Inventory Turnover Breakthrough … Go Back To The Basics! Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Ecological responsibility and sustainable practices are both forms of social responsibility, and as more laws are passed governing the environment, ocean freight carriers will come under greater scrutiny, says Dave Blanchard of Industry Week. Source raw materials from reclamation centers where possible. Subscribe Here!

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Inventory costs. Inventory is a big factor for small and large manufacturers that help them address demand and supply market volatilities and uncertainties. Inventory management-.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Inventory costs. Inventory is a big factor for small and large manufacturers that help them address demand and supply market volatilities and uncertainties. Inventory management-.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Inventory costs. Inventory is a big factor for small and large manufacturers that help them address demand and supply market volatilities and uncertainties. Inventory management-.

Top 10 supply chain trends for 2020

Requis

Another example from fulfillment might involve things like faster alternate transportation route planning in case of the unexpected, or monitoring cargo temperature for shipments of perishable food or medicines. In business to consumer markets, there has been a rising trend towards sustainable and ethical sourcing. Related to the sustainability and sourcing concerns just mentioned are concerns over product and asset counterfeiting.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Source: [link]. With the new routes, customers also have more sustainable service and wider coverage. Full block train, single or multiple containers, LCL shipments and oversized cargo are available options. My wife often jokes that she is the VP of Supply Chain and Logistics in our family. But it’s no joke, it’s true.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. 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.