4 Key Considerations for Choosing a Chemical Storage Facility

West Coast and California Logistics

Finding the right chemical storage facility for your products is an involved process. You’re not only looking for a third-party logistics (3PL) provider that can comply with all regulatory requirements, you’re looking for a partner that truly knows your product and can fit seamlessly into your existing supply chain. In this article, we’ll try to simplify the sourcing process and identify the top 4 factors you’ll need to consider when finding the right chemical 3PL partner.

The Opportunities of Digitalization in Chemical Logistics

Talking Logistics

The typical distribution process in the chemical industry looks mostly like this: The chemical producer distributes goods from various locations to a large number of customers, using different forwarders depending on the company’s diverse transportation requirements. The digitalization of management and information processes in logistics opens up groundbreaking opportunities for companies in the chemical industry.

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Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model.

Global Chemical Company Uses PINC YMS to Cut $1.5 Million in Detention and Demurrage Fees

PINC

is a global chemical company that makes performance chemicals used by the oil refinery, agricultural, automotive, energy, and consumer electronics industries. the manufacturer’s logistics operation includes 63 global warehouses and 47 contract manufacturing locations. As a result, it struggled with numerous logistical and supply chain issues, including no single source of truth for data and insights. The post Global Chemical Company Uses PINC YMS to Cut $1.5

How Chemical Freight 3PLs Source Bulk Tanker Trailers and Other Equipment

Bulk Connection

As the transportation experts in the middle, freight brokers and other third-party logistics (3PL) transportation providers can play the role of matchmaker between the two – working out key details with both shippers & receivers so that their needs are fully and accurately communicated. In the world of bulk liquid shipping, there can sometimes be a gap between what a shipper needs and what a carrier ultimately delivers.

This Week in Logistics News (April 27 – May 1, 2015)

Talking Logistics

Moving on to the supply chain and logistics news that caught my attention this week… XPO Logistics to Acquire Norbert Dentressangle SA. Fetch Robotics Unveils Robotics System for Logistics Industry. Mergers and acquisitions (M&A) activity in the 3PL industry remains hot, with another large deal announced this week: XPO Logistics is acquiring Norbert Dentressangle SA for €3.24 Norbert Dentressangle has leading capabilities in high-growth reverse logistics.

This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. New Infinea® X from Infinite Peripherals® Expedites Warehouse, Logistics and Supply Chain Operations. Final rule for electronic logging devices is pushed back to end of October (Logistics Management). Another week, another acquisition in the third-party logistics (3PL) market. Note: Transplace is a Talking Logistics sponsor.

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Historically, chemical companies buy from and sell to nearly every industry in the world, adding special demands for connectivity.

This Week in Logistics News (December 15-19, 2014)

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week, with 3PLs dominating the headlines: FedEx to Expand Global Portfolio of Solutions with Acquisition of GENCO. UPS Acquires Polish Healthcare Logistics Company Poltraf. Radiant Logistics Acquires Don Cameron and Associates, Inc. OHL Launches Phase One of Their Single Source Portal for Customer Logistics Intelligence. Robinson is a Talking Logistics sponsor.

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Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Organizations that cultivate and maintain reliable yet malleable logistics channels can source the material needed to produce impactful products with minimal overhead and deliver these items swiftly to anticipative consumers. In fact, 62% of logistics, supply chain, and transportation executives say their companies are undergoing profound supply chain transformation , according to a 2019 report from Forbes Insights.

What Is the COVID-19 Impact on Your Supply Chain? We Surveyed the Transplace Network.

Transplace

Logistics leaders in a variety of industries shared their challenges and lessons learned throughout the COVID-19 crisis. Cutting costs and looking for alternative supply sources were also prioritized along with making new budget revisions to adapt to the changes in the global supply chain. The logistics survey also revealed that only 28.5% Logistics leaders in our survey also shared how the changes in revenue affect their supply chain: Impacts on warehouse space.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices. Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors).

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Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Configure your visibility tools to establish data collection among key partners, such as suppliers, service providers, contract manufacturers and customers – all of which are focused namely on supply chain logistics functions.

Don’t Blame Purchasing! (The Hardest Job in the Enterprise)

Supply Chain View from the Field

You are being measured on safety, delivery performance, quality, and because you are in purchasing you are also worried about assurance at price, and logistics is worried about delivery. ” Another conversation occurred with a senior vice president of procurement, head of a large global chemical industry who was visiting the Supply Chain Resource Cooperative offices this week.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

A group of 30 MBA students this semester decided to “stress-test” the supply chain code of conduct behaviors of major companies in the retail, aerospace, chemical, and other industries. Procurement Sustainability Retail Logistics Strategic Sourcing Supplier Relationship Management Supply Chain Management Sustainability News of the increasing death toll in Bangladesh continues to pour in, with the latest at 600 found dead in the rubble of the Rama factory complex.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

Most systems are flexible enough to merge data from external sources into the algorithm architecture. The much-anticipated emergence of managed analytics in transportation logistics is transforming how companies leverage not only their individual supply chains but also that of the transportation community to discover untapped value to customers and stakeholders. Dale McClung is Director of Design Solutions at CLX Logistics, LLC.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What is we had a chemical explosion? A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. This should inform your plans for sourcing and logistics.

From Lab to Arm: Supply Chain Journey of the COVID-19 Vaccines

BlueYonder

But what are the challenges and how can we do the best in logistics and supply chain to achieve better results in this very important mission. And the make or manufacturing process here includes its own BOM: not just the mRNA but also the lipids and other simple chemicals. Logistics

Modular production requires comprehensive optimization

DELMIA Quintiq

We are seeing many developments in the chemical industry. New and innovative processes for modularization of production are putting both production and logistics structures to the test. At the Chemical Logistics Forum, held by the German Logistics Association (BVL) in the Höchst district of Frankfurt, participants got a first-hand look at current trends in the chemical logistics field. But logistic aspects still have to be addressed.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei. Because supplier information comes from a variety of sources, it is difficult to get a holistic view into the entire supplier po r tfolio.

Apple: Still a Penny Wise and Pound Foolish?

Talking Logistics

For example, here are a couple of the contract terms he references in the declaration: - The pricing for sapphire [which GTAT was to produce] was the lesser of (i) the price agreed between the parties, (ii) the “not to exceed” price listed on a schedule, (iii) 95% of the lowest price offered by GTAT to any of its customers or (iv) 99% of the quoted price in a bona fide offer to Apple from another qualified source. appeared first on Talking Logistics with Adrian Gonzalez.

Distribution in China takes a detour

Supply Chain Movement

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. For example, no single logistics service provider has a distribution network resembling anything close to nationwide coverage. Far from it, in fact – estimates of the number of logistics service providers in China range from one million to two million companies, many of which have just a couple of trucks.

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Global Supply Chain Recovery Dependent On A Vaccine

Supply Chain Shaman

They are seldom cross-functional to optimize source, make, and deliver together. The average demand latency for a grocery retailer is eighteen days, three weeks for consumer manufacturers, and six-to-nine months for chemical companies. In this evolution, companies will quickly learn the pitfalls of multi-tier warehouse management and the latency with third-party logistics (3PL) signals. I was on a call last week with a group of logistics professionals discussing the recovery.

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A Comprehensive Warehouse Safety Guide!

Supply Chain Game Changer

Hazard Communication : OSHA makes special reference to chemical burns when information about these hazardous materials isn’t properly communicated about the workforce. They also cite failure to lock out high-energy sources as a prime cause of serious accidents as well as the continual problem of workers not utilizing proper PPE. OSHA is your first source of safety information and guidelines for the warehouse business as well as all other American industries. Subscribe Here!

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

Manufacturers of medical and cleaning supplies, as well as the specialists overseeing trucking, delivery and logistics companies, might have to make do with limited supplies and labor. Energy Information Administration identified the following manufacturing sectors as the largest energy consumers: Bulk chemical manufacturing: 28%. Switch to Domestic Sourcing or Manufacturing. While most people are homebound during the COVID-19 situation, many are still on the frontlines.

Three Months after Tianjin, the Area is Still Reeling.

Elementum

It is also ranked as Northern China's largest port for export of hazardous chemicals and the primary logistics hub for the majority of cargo transportation in the region. On top of this is the extensive paperwork damage to consider which now forces forwarders, haulers and other logistics players to work with individual terminals. This is expected to cause logistics delays in the next few months. This could isolate supply and drive chemical costs up.

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. For purchasing, this new strategy meant switching perspective from a focus on individual products to the sourcing of product packages. Chemicals. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing. Subscribe Here!

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” import/export manager with a chemical manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $68,000. And what does this “typical material handling and logistics manager” look like? Source ID. Source ID.

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

The discipline, first defined in 1982, includes source, make, deliver, and planning functions. While E2open touts an end-to-end vision, the assets align around logistics flows and are not aligned at an industry or solution level to deliver on an industry-specific end-to-end value proposition.

How To Know If Supply Chain Careers Are Right for You?

Supply Chain Opz

However, these questions lead us to believe that many career changers are not serious about supply chain management, for example, - I got a degree in chemical engineering, has work experience in maintenance division but I do some logistical jobs, can I get supply chain jobs? Due to the volume of data and source of data, you many have to do data cleansing, data manipulation and data analysis. By 2018, related supply chain careers will be in high demand with 1.4

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. For purchasing, this new strategy meant switching perspective from a focus on individual products to the sourcing of product packages. Chemicals. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing. Subscribe Here!

Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

Cerasis

According to Forbes magazine , The greatest reshoring will occur in industries that benefit most from cheap natural gas and have access to global markets… [industries such as] chemicals and metals… for products that change rapidly, including fashion apparel and technology… whose product value/weight ratios do not justify air freight. Chemicals plants, for instance, have little labor relative to the value of production, so offshore production does not save much.

7 Supply Chain Tips from Superheroes!

Supply Chain Opz

Over the years, those in the organizations such as World Food Programme and International Federation of Red Cross and Red Crescent Societies (IFRC) realizes that logistics and supply chain management is the key to better relief operations. The essence of this article is summarized as below, 7 Principles of Humanitarians Logistics 1) Scan operating environment : as mentioned earlier that HL works in the extreme environment then a good preparation is very important.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. In our analysis BASF outperformed their chemical industry peers while driving improvement at a 60% level when compared to the peer group. This trend was characteristic of the chemical industry. BASF is at the upper end of the improvement spectrum for the chemical industry. BASF creates chemistry.