Transportation Sourcing in an Omni-channel World

Talking Logistics

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? In addition, Jim says many retailers are facing inventory management challenges in the realm of “ship from store” and “pickup at store” fulfillment models.

Why Get a Product Sourcing Agent?

Supply Chain Game Changer

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Your manufacturer is the backbone of your company; it regulates your inventory, which determines how consumers perceive and communicate with you. Functions of a Sourcing Agent.

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Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” companies during July and August 2017, with a balanced mix of respondents representing the various types of importers and exporters today. This bring concerns for transportation costs as we see as the #2 area of importance for sourcing.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. These are the must-haves for any effective freight sourcing team. Freight Shipping Intelligence.

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. Molycorp, a key producer in the 1980s, and other companies shipped their oxides to China for refining and value-added production into metals, alloys, and magnets. sourcing #rareearthelements. Subscribe Here! Email Address.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. However small companies, and many mid-size companies, can not afford to make this kind of investment in resource and structure. Subscribe Here!

Touchless Fulfillment and Shipping!

Supply Chain Game Changer

Touchless fulfillment and shipping article, and permission to publish here, provided by Jenis Sheth. Supply chains all across the planet are discovering and rediscovering various solutions to make shipping and fulfilment touchless. Touchless Fulfillment and Shipping (New Normal).

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! It offers a finely tuned supply chain, with experienced suppliers, that will design, prototype, build and ship products at a fraction of the time it takes elsewhere. You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment. In this environment, we’re seeing companies turn to air freight to move their personal protective equipment quickly.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Shipping Providers Will Focus on ELD Implementation.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau. A lot of companies now will have regional hubs with just smaller satellite warehouses in each country. Will people change their sourcing strategies?

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

UPS Announces Sunday Shipping

Intelligent Audit

In recent years, that focus on experience has extended to shipping. While Amazon is the biggest eCommerce player, and therefore the single biggest potential source of eCommerce business for carriers, UPS is banking on getting a greater share of the pie by soliciting other major players in eCommerce, such as Walmart, Target and other Amazon competitors. This is an important indicator as to Amazon’s plan in the shipping space, and how carriers like FedEx and UPS are reacting.

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. A nd a pproximately 70% of APIs from China are shipped to India to produce generics, of which around 40% are then shipped to the United States.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. The disruption to global supply chains caused by Beijing’s decision to close factories and lock down cities to contain COVID-19 has jolted Western companies into rejigging their supply chains, with economists predicting that globalisation as we know it will never be the same again. Many Japanese companies are already manufacturing in Vietnam. Covid 19 Global Sourcing

Navigate Shipping Landscape with Proactive Analytics

Talking Logistics

While we live in an age where same-day delivery and free shipping have become customer expectations, we also live in an age where dimensional weighting and quarterly accessorial increases have become a reality from the carrier. Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future.

What the “New Normal” in Shipping, Logistics, and Transportation May Look Like

Shipchain

Seemingly everything has been shaken up by COVID-19, and the shipping, logistics, and transportation industry is no different. Now, all of those norms are long gone, and it has left the shipping, logistics, and transportation industry wondering what lies ahead once COVID-19 begins to decline. Ultimately, redundancies help businesses afloat, and given how many struggled with being single-source out of China, it is likely that redundancies will play a part in the new normal.

6 Checks Every Supply Chain Should Take To Stay Healthy

Gravity Supply Chain

6 ways supply chain health checks ensure streamlined operations, mitigate risk, minimize disruption, meet customer needs and protect the bottom line.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Tariffs and the threat of a trade war will also drive overseas’ companies to re-evaluate business practices and shift standard ocean shipment to other ports and lanes.

The Nightmare Before Christmas E-Commerce Shipping

Veridian Solutions

Planning for Christmas e-commerce shipping used to be an annual process. Driving Forces of the Nightmare Before Christmas E-Commerce Shipping. The driving forces of the real nightmare before Christmas e-commerce shipping arise from the need to ship more products, guarantee order accuracy , and stay competitive with Amazon and others. Diversify your carrier base, and consider sourcing more local, smaller drivers for transportation.

How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Global Sourcing Technology.

Sourcing promotional products the right way

Claritum

Promotional products are items used to promote a product, service or company program including advertising specialties, premiums, incentives, business gifts, awards, prizes, commemoratives and other imprinted or decorated items. Promotional merchandise is a valuable marketing tool that can help to establish brand awareness of a company among consumers. Promotional products are also a great way for companies to communicate their message in a memorable way. Single source.

Retail Shipping Perfection is a Costly Reality

Zipline Logistics

What Does that Mean for Your Retail Shipping Efforts? There are many moving parts in retail shipping. What Does the Demand for Perfection in Retail Shipping Equate to? See what’s at stake when trying to ship perfect retail orders and how to avoid the potential for expensive problems. Simple Truck Issue Equals Retail Shipping Headache for Snack Company. A manufacturer of health-conscious snack foods was shipping product to its retail customer in Chino, CA.

How Are Companies Overcoming Disruptions to Their Supply Chains?

Arena Solutions

As companies deal with the impact COVID-19 is having on their business, it is interesting to see where companies are focusing their technology investments in these challenging times. Now with COVID-19 forcing employees and the companies they work for to work remotely or to shut down physical manufacturing to avoid the spread of the virus—the stakes are even higher. So how are companies using PLM systems in the short term to overcome disruptions to their supply chains?

Private Blockchains Could Hurt the Shipping and Logistics Industry

Shipchain

Some companies are even hopping on the “blockchain bandwagon” without considering whether it’s actually useful in their industry. And according to Ethereum co-founder Vitalik Buterin, misapplying the technology in this way is a waste of a company’s time and money. In the shipping and logistics industry, enterprises are already beginning to realize that private blockchains are simply not the solution they’ve been sold. The past few years have been big for blockchain. .

Blockchain: A Single, Immutable, Serialized Source of Truth

Material Handling & Logistics

Because blockchain technologies demonstrate the purity of the data automatically, companies forego computer systems validation, which represents a huge cost saving. Acquire the source materials: add a block. And so on, from source to end-customer receipt. Always Available: A Shared, Distributed “Source of Truth”. In fact, the distributed nature of blockchain adds additional value as it removes the entire concept of a central clearing house or source vendor.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Integrating a ship-from-store strategy can enhance customer service and serve as an important competitive differentiator. The challenge is determining if and when a ship-from-store strategy makes sense and how to best enable this fulfillment option without impacting store productivity and service. Ship from store has gained traction based on changing shopper expectations and buying trends. How does implementing a ship-from-store strategy impact the supply chain network?

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. Technological solutions are helping many companies keep up and adjust to ever-changing consumer expectations. Technology Comes to the Aid of Freight Companies. A number of companies have come up with their own ways to improve efficiency.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

However, Amazon is shaking up the mix by seeking to make today’s e-commerce practices obsolete, and shipping and logistics providers need to understand why. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store. Consumers are also expecting more of manufacturers and shipping companies. Shipping and Logistics Providers Seek to Attract Millennials.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

Introduction Third-party logistics provider (3PL) is a company that provides outsourced logistics services to other organizations. This article will present five software that every transporter and 3PL company should employ to stay competitive, cost-effective and ensure on-time delivery. TMS provides 3PL companies with the opportunity to look back and analyze past decisions through data storage capabilities. Finding a suitable WMS for 3PL companies is no easy task.

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Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Why SMEs May Lead a Shift Away from China Sourcing. In other words, manufacturing and sourcing is returning to the US.