Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

How working with our remarkable customer, Lufthansa Cargo, got us named to the 2015 Supply & Demand Chain Executive 100

BluJay Solutions

Sometimes, though, we are lucky enough to get to share these customer stories – this is the case with Lufthansa Cargo. Working alongside Lufthansa Cargo, we were able to modernize multi-county customs interfaces for different customs authorities, specifically preparing the Company to meet new airfreight industry standards set for filing German and Austrian customs. The project was so successful that Lufthansa Cargo wanted to share their supply chain success story.

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Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham.

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.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. All Technology EDI Communication (XML/EDI) Supply Chain Visibility Product Lifecycle Management Sourcing/Procurement/SRM SC Planning & Optimization Transportation Management Air Cargo All Logistics Transportation & Distribution

Cargo Flight Launches a Vital Link in the Ebola Response Effort

Supply Chain @ MIT

million, combined with procurement of locally available commodities, will meet two critical needs in the country’s constrained health care system. Items in this shipment were sourced in the United States, and the logistics team led by Dr. Goentzel worked with a commercial distributor to access manufacturing capacity for products such as Ebola suits that are relatively scarce. A major challenge is procuring equipment in large quantities so that the items are standardized.

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Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Source: SGX, Freightos Baltic Index. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing?

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Source raw materials from reclamation centers where possible. Although systems can be integrated through open-source software, integration and modification of systems increase risk. Procurement departments must take the full burden of ensuring supplier consistency. Furthermore, shippers should purchase cargo or freight insurance where possible to create a safety net. Subscribe Here!

Global Cargo Monitoring / Cargo Tracking: Rebuilding Public.

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. The sources of the friction include tightening customs, regulatory and security requirements, limited public infrastructure, port congestion and incompatible Business-to-Business and Business-to-Government processes. arviem real-time cargo monitoring.

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30 Supply Chain Leaders Under 30—Class of 2018

Material Handling and Logistics

She has already served in an international procurement management program with Volkswagen and built a procurement department from scratch with Porsche Design. She is now part of J&J's capital, construction and facilities services global procurement team for Europe, the Middle East and Africa. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

Fall in demand; cashflow shortfalls due to collection challenges; port congestion; and disruptions to air cargo, trucking and rail services, affect companies globally. But for those that have put smart procurement strategies in place, while digitizing supplier relationships, manufacturing and other aspects of business operations, it’s a situation made more manageable.

Experts Choice Of Top Online Logistics Resources

Freightos

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Air Cargo World. This American based niche news site specialises in air cargo. Cargo Business News.com. based niche site, covering air, sea, rail and road cargo news. Educational research into cargo and freight.

6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Of course, a more diverse supply chain contains this protective effect—enabling multi-sourcing capabilities for all needed resources from cargo space to drivers and beyond. Divert your cargo at Port, Transload, and expedite to the destination while having complete visibility on the Turvo Inc.

From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. However, when the demand for passenger travel plummeted in the wake of the COVID-19 pandemic, a dramatic reduction in cargo capacity followed. Lastly, we understand your need to continue moving your PPE cargo as quickly and cost-effectively as possible. So, whether you’re looking to import PPE for the first time or as part of your normal procurement process, C.H.

Looking Beyond Blockchain/Supply Chain Hype

Enterra Insights

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Everything moves through the process based on the procurement contract.” ” Each stop on the supply journey — from procurement through final sale — involves some sort of transaction.

Supply Chain Risks Come from All Sides

Material Handling and Logistics

cargo ship Peak Pegasus made its way toward the port of Dalian with a load of soybeans. The Peak Pegasus and its $20 million cargo of soybeans continued to drift off the Chinese coast until mid-August , at a cost of about $12,500 each day it sat idle. An example of where this can make a difference is in how businesses source and onboard new suppliers – an exercise that is traditionally slowed by the burden of contracts and letters of credit.

Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

Cerasis

Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. Reduction in costs and hassle associated with cargo insurance claims filing and processing, says CargoX Founder and CEO Stefan Kukman. Use for transparency and traceability for buyers, marketplaces, sellers, and consumers, unifying the history of a product from procurement to end-users, as well as throughout returns, if necessary.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. It becomes easier for companies and individuals to bring in ethical procurement practices in place.

Understanding Supply Chain Management

SupplyPike

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. We offer deep insights into your On Time In Full performance, allowing you to trace your supply chain back to the source to find trouble spots. Learn about.

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2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. The display would show the driver critical information including cargo temperature (especially important when transporting medical devices or other fragile goods), gasoline efficiency (which changes based on the weight of the truck!),

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

Kinaxis

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. Special attention should be paid to products that you source from one supplier with no redundancy—and their related revenue streams. by Kirsten Watson It’s not often that a weather phenomenon becomes part of the pop culture zeitgeist.

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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. Once cargo has shipped, there are no “backsies.” Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. This isn’t to say you should avoid international sources for goods. On the contrary, you should be exploring all your procurement options globally, nationally, and locally.

Unrest in India and the Impact on Global Supply Chains

CH Robinson Transportfolio

Since the protests began, over 1,000 trains have been cancelled, train stations and cargo trains have been burned, and other public properties have been damaged. The widespread nature of the protests have made it difficult to connect cargo to their designated vessels, and congestion will be experienced at both inland depots and ports for some time, even after the situation is resolved.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Source: Amazon.com. However, the three ocean freight roles are all pivotal and have all been posted in the last couple of months: The Senior Manager, Ocean Procurement position focuses on ocean freight procurement, shifting goods to global fulfillment centers on both the import and export side. In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers.

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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. Once cargo has shipped, there are no “backsies.” Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. This isn’t to say you should avoid international sources for goods. On the contrary, you should be exploring all your procurement options globally, nationally, and locally. Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. By Ali Hasan Raza.

Who’s Using Blockchain in 2020, and How?

Logistics Bureau

As diamonds, and to a lesser extent, perhaps gold, are resources with origins that can sometimes be controversial, companies like De Beers have seized upon blockchain to provide evidence that their gems come from sources that don’t involve insurgency funding or forced labour.

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. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

European electronic component distributor TTI says it is using air cargo companies UPS, FedEx, and DHL to mitigate the impact of holdups in China. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now. Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown.

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. The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement.

A Year In Events: Looking Back At 2016 (US Edition)

EcoVadis

From California to Connecticut, and Novi to New Orleans, EcoVadis was on the ground contributing to the advancement of sustainable procurement and CSR/sustainability practices in global supply chains during our most active year on record in the US. Ethical Sourcing Forum (New York, NY). The AIAG Corporate Responsibility Summit focused on sustainable procurement challenges and best practices in the automotive sector.

Cross Functional Planning as a Way of (Business) Life

Supply Chain Nation

Are those designing your launch vehicle (network design, factory planning) communicating directly with flight planners (transportation planning) on projected transportation time and cost impacts of various network layout and materials sourcing options? The only way to achieve effective planning orchestration is to integrate the technology that supports the main planning functions, including market planning, procurement, manufacturing planning, distribution and transportation.

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.” Also, globalization presents another hydra-headed challenge for your procurement network. These risks come from a variety of sources, such as demands from the customers, a swinging political agenda and global sourcing.

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. Therefore, it is important for manufacturers to make the right decisions that can impact transportation costs and factors that influence it like delivery lead time, fuel price fluctuations, fleet, and cargo regulations, etc. Procurement costs. What is Supply chain costs?

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. Therefore, it is important for manufacturers to make the right decisions that can impact transportation costs and factors that influence it like delivery lead time, fuel price fluctuations, fleet, and cargo regulations, etc. Procurement costs. What is Supply chain costs?

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. Therefore, it is important for manufacturers to make the right decisions that can impact transportation costs and factors that influence it like delivery lead time, fuel price fluctuations, fleet, and cargo regulations, etc. Procurement costs. What is Supply chain costs?