Remove Cargo Remove Logistics Remove Procurement Remove Risk Management

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.

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Factories in China are facing staffing shortages or are electing to remain closed to protect its workforce, airlines have suspended flights to China, and restrictions and regulations designed to control the spread of the virus could have an adverse impact on cargo leaving and entering ports all over the world. This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. .

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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.

Letter from the CEO: Market Update April 23, 2020

Transplace

Facilities for drivers are being cleaned regularly to minimize risk. Port of Virginia’s cargo volumes are down ~ 9% YoY. Assess the risk of bankruptcy on providers and know which providers have been over invested in your network, particularly highly strategic regional carriers that may have a high amount of freight within your network. We are continuously evaluating market risk, capacity, and opportunity across the network and by origin, mode, and/or lane type.

Letter from the CEO: Market Update May 21, 2020

Transplace

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. Majority of countries are re-opening gradually and cargo flows are re-emerging as shippers and manufacturers increase activities. We are continuously evaluating market risk, capacity, and opportunity across the network by origin, mode, and/or lane type. Letter from the CEO: Market Update May 21, 2020.

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. Understanding the top 10 global supply chain risks can work to reduce their impact. Environmental Risks.

New Lithium-Ion Battery Shipping Regulations Can Impact Electronics Supply Chains (Part 1)

Resilinc

This is part 1 of a 2-part blog addressing the International Civil Aviation Organization's (ICAO) recently enacted ban on the shipment of lithium-ion batteries as cargo consignments on passenger planes and the associated supply chain risks of such provisions. In Part 2, we discuss why many shippers and advocacy groups disagree with the prohibition, and what this ban can mean for supply chain and procurement professionals.

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. Food Logistics.

[INFOGRAPHIC] AI Technologies: The Role of Humans & The Application in Logistics

Cerasis

Today our focus has been on KPIs, ERP, WMS, TMS, YMS, EDI, The Cloud, S and OP, 3 D Printing, IoT, IoE, Drones: Same Hour/Day/Time Delivery to Customers, Cyber Security, Theft, Government Regulations, E-Commerce, Omni-Channel, Modeling/Simulation, Risk Management, Tracking, Traceability, Re-shoring, Robotics , et al, but…what about Artificial Intelligence or AI technologies? . Practical Applications: Using AI Technologies to Maximize & Compliment Logistics Resources.

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.

Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face. According to the staff at Supply & Demand Chain Executive , “A new report from Resilinc reveals that global risks increased throughout 2018, with geopolitical conflicts posing some of the most potentially costly and disruptive supply chain impacts.”[1] ” Those risks are: 1.

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

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management. Also, globalization presents another hydra-headed challenge for your procurement network.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry. The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network.

Global 216

This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. UK government announces funding for truck platooning trials (Automotive Logistics).