Talking Logistics

MARCH 25, 2016

January 2016 North American Freight Numbers. One of my predictions for 2016 was that cross-border e-commerce would become the next frontier for shipping and logistics growth. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in January 2016 than in January 2015,” according to U.S.

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Roughly 2.5%

Turkey 52

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EMERGE App

NOVEMBER 4, 2018

Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? Order Product Samples.

Purchasing Skills 49

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Freight Plus

DECEMBER 4, 2017

If you've been to a major freight or logistics conference in the past year or two you may have noticed the sessions shift from a focus on compliance and alliances to digitization, freight future-proofing, and technology. Given the sheer volume of transactions, currency exchanges, shipping documents, invoices, inventory controls, etc.

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EMERGE App

NOVEMBER 4, 2018

Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? Order Product Samples.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Talking Logistics

JUNE 30, 2016

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. A supply chain blockchain application, therefore, could be used to record the balances and transfers of inventory across a distributed supply chain network.

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ShipBob

DECEMBER 9, 2022

Shipping is one of the most important yet complicated aspects of running an online business. The best way to avoid major shipping issues is to make sure that your packages go out with all the necessary documents. Read on to learn all about the most common shipping documents for domestic, international, and hazardous shipping.

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Enterra Insights

SEPTEMBER 3, 2019

Blockchain has the potential to help enable us to manage and track a ‘digital twin’ of shipping containers across the world.”[2] Managing inventory. Managing freight transportation. She writes, “Supply chains depend heavily on cross-border situations where smart [i.e., ”[3]. ”[3].

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GlobalTranz

JUNE 23, 2015

Natural gas and oil expenses contribute to extreme cost disparities in shipping from Asia to the U.S., for example, compared to shipping state-to-state. Transportation and freight costs are reduced. Currency exchange issues are reduced. Obsolete and excess inventory carriage are more preventable.

Cost Reduction Strategies 120

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Talking Logistics

DECEMBER 16, 2015

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels?

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Talking Logistics

FEBRUARY 9, 2016

For example, the China-owned COSCO and China Shipping Container Lines (CSCL) have confirmed their merger. dollar rises against foreign currencies, U.S. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options. Those uncertainties are considered the root of many consolidations.

Panama 100

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ToolsGroup

JANUARY 6, 2022

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. Lesson #1: Global supply chain challenges have businesses turning to local suppliers.

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EMERGE App

AUGUST 2, 2018

You need to make it hum while you send quotations, take orders and then ship them out. You run a lean business model with minimal overheads and using web-based inventory management software plays a big part in this. And you expect the same standard for inventory management software. The Days of Old. Customers. Suppliers.

Inventory Management Software 49

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CH Robinson Transportfolio

JANUARY 8, 2016

For example, the China-owned COSCO and China Shipping Container Lines (CSCL) have confirmed their merger. dollar rises against foreign currencies, U.S. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options. Those uncertainties are considered the root of many consolidations.

Supply Chain Planning 34

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Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

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Talking Logistics

MAY 9, 2018

multi-currency, multi-UOM rating improvements, and date/time zone management). This maximizes achievable freight savings while adhering to pickup and delivery constraints; improves customer service; and may eliminate the need for warehouses or distribution centers.”. Improved Product Scalability and Maintainability.

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Talking Logistics

OCTOBER 30, 2015

Wal-Mart Won’t Promote Free-Shipping Deals Over Holidays (WSJ – sub. August 2015 North American Freight Numbers. According to Reuters , Walmart applied for permission from the FAA to test drones for home delivery, curbside pickup and checking warehouse inventories. Target Goes Global: Target.com Now Shoppable Worldwide.

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EMERGE App

JULY 11, 2018

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. Things like handling multiple currencies when dealing with suppliers and purchase orders. China still has an advantage that few countries will ever match.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Supply Chain View from the Field

DECEMBER 16, 2013

Major growth strategies are driven by economic realities, currency movements, government regulations, or access to existing logistics networks. Another major source of risk is the unreliability of global logistics channels, especially the challenges associated with ocean freight lines, which are becoming increasing unreliable.

Predictive Analytics 117

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ShipBob

MAY 11, 2020

As long as your international shipping strategy is set up to ensure you’re profitable and keep logistics costs down, there’s a lot of unmet potential in expanding across the globe. . Be sure to keep a very close eye on your landed cost , which takes import duties and shipping costs into effect. . Cultural and consumer behavior.

Expense Reduction 52

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EMERGE App

JULY 3, 2018

So, as a busy exporter, you’re either shipping your Made in USA goods outside of the States or count American buyers among your biggest customers outside of your country. Landed costs are expenses that need to be paid when you ship products from one country to the doorstep of the customer in another country. trillion in 2011 !

Purchasing Skills 40

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Unleashed

FEBRUARY 28, 2021

Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Unleashed Software and accounting software firm Xero have a plug-and-play integration that allows you to manage the entirety of a business’s inventory and accounting processes. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

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The UCLA Anderson Global Supply Chain Blog

APRIL 16, 2018

There are two sides of a bitcoin: a cryptocurrency that enables anonymous individuals to facilitate transactions using a decentralized digital currency without a middleman (such as a bank or credit card company). [1] In the ocean freight industry, many steps are conducted manually with lots of paper work. . Christopher Tang.

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The UCLA Anderson Global Supply Chain Blog

APRIL 16, 2018

There are two sides of a bitcoin: a cryptocurrency that enables anonymous individuals to facilitate transactions using a decentralized digital currency without a middleman (such as a bank or credit card company). [1] In the ocean freight industry, many steps are conducted manually with lots of paper work. . Christopher Tang.

Sourcing Strategies 60

Sourcing Strategies Security Supply Chain Design Software Supply Chain Software 60

3rdwave

AUGUST 8, 2019

Managing global freight is ladened with challenges. The global TMS functionality necessary to support execution control are: Freight contract management. Warehouse Receiving/Shipping POD. Freight Invoice Auditing. Possibly the most critical challenge is the limitation of time. Origin and Destination local charges.

Cost Reduction Strategies 74

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EMERGE App

DECEMBER 14, 2018

Manage Multiple Currencies. It’s a given that you’re dealing in multiple currencies in your import-export business. It’s possible but very challenging to deal with different currencies if you’re still using paper or spreadsheets in your business. This is the currency used by your business.

Optimal Sourcing 45

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