Supply Chain Brain

MARCH 12, 2018

Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. As it stands today, however, blockchain isn’t a solution that can be instantly embraced by the freight industry.

Freight 40

Freight Industrial Industry Supply Chain Planning Software 40

TransAudit

MAY 16, 2022

Your recovery audit company can function as a valuable source of savings and business intelligence. How Long Has the Freight Audit Company Been In Business? The company’s ability to remain in business usually speaks to its proven ability to audit freight bills and recover lost profits.

Rail Software 52

Rail Software Supply Chain Design Software Analytics Software Logistics Network Optimization Software 52

Intelligent Audit

SEPTEMBER 28, 2021

Aside from labor costs and freight payments , transportation and logistics management—including paying carriers and sending freight—can eat up budgets and add to fees. Freight audit and payment (FAP) service providers can assist with data collection and application regarding transportation spending.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Supply Chain Design Software Transportation 52

SCMDOJO

MARCH 28, 2023

One such technology that has had a significant impact on the financial industry is blockchain, which is the underlying technology of digital currency or cryptocurrency. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

Supply Chain Design Software 107

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 107

Talking Logistics

APRIL 30, 2014

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. You need energy in order to do this conversion.

Mexico 167

Mexico Los Angeles Supply Chain China 167

Talking Logistics

JANUARY 26, 2015

I’m fairly conservative when it comes to banking (for example, I’m still not comfortable “depositing” checks using my smartphone ), so using a new digital currency, or “fake money” as my wife calls it, to buy stuff isn’t something that appeals to me, especially since bitcoin’s developer remains a mystery. Source: [link].

Supply Chain Network Software 100

Supply Chain Network Software Inventory Management Software Predictive Analytics Software Supply Chain Software 100

Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. YoY Volume Lapses Worry Air Cargo Companies.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

GlobalTranz

AUGUST 14, 2018

This is an essential step in taking advantage of blockchain technologies, especially cryptocurrencies, which some consumers and supply chain partners will be using within the next few years as a primary currency. Analytics will be integral to using blockchain to small businesses to prove blockchain value.

Analytics Software 121

Analytics Software Supply Chain Software Supply Chain Planning Software Analytics 121

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. International Currencies & Taxes.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

QAD

JUNE 11, 2020

While it does have a history of sporadic electrical system outages, being primarily powered by thermal sources, the country is on a path to growth and sustainability in the power sector. Registered airlines moved 885,277,991 mt-km of freight in 2015. South Africa also exports electricity to other southern African countries.

South Africa 111

South Africa Africa Saudi Arabia Manufacturing Procurement 111

QAD

JUNE 11, 2020

While it does have a history of sporadic electrical system outages, being primarily powered by thermal sources, the country is on a path to growth and sustainability in the power sector. Registered airlines moved 885,277,991 mt-km of freight in 2015. South Africa also exports electricity to other southern African countries.

South Africa 111

South Africa Africa Saudi Arabia Manufacturing Procurement 111

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. International Currencies & Taxes.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

Talking Logistics

JUNE 30, 2016

Of course, bitcoin as it exists today also has the potential to transform freight audit and payment and other supply chain finance processes, especially for small suppliers and transportation providers. Source: “Blockchain Technology: Possibilities for the U.S. Overview of Fluent Applications (source: Fluent website).

Supply Chain Design Software 106

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software 106

Enterra Insights

OCTOBER 28, 2019

In particular, blockchain, a prolific technology that began as the underpinning for digital currencies, is proving useful in this regard.”[3] ” Because blockchain can be used to track goods from sourcing to sale, it provides both transparency and traceability. A number of documents are required in global trade.

Supply Chain Software 100

Supply Chain Software Demand Planning Software Modeling Software Manufacturing Procurement 100

Intelligent Audit

FEBRUARY 24, 2022

Freight network optimization and freight auditing services are the key performance areas that shippers want to track and monitor within the supply chain industry. . In fact, those who facilitate the movement of freight depend upon technology and daily operations that are efficient and customized for their specific applications.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Modeling 52

Talking Logistics

AUGUST 4, 2015

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Doug Kahl is the Vice President for enVista’s Transportation Solutions and Freight Management practices.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Network Software Freight 100

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

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

ToolsGroup

JANUARY 6, 2022

We’re currently seeing a major paradigm shift away from mass manufacturing with long lead times being replaced by onshore and nearshore supply chains that are capable of manufacturing, distributing and fulfilling orders on-demand without the friction of ocean freight, labor shortages, and other bottlenecks.” – Alex Phelan, CEO, Merchadise.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

Talking Logistics

DECEMBER 16, 2015

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). For related commentary, see: TMS in the SMB Market: The Evolution Toward Software-as-a-Self-Service.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Intelligent Audit

SEPTEMBER 20, 2021

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. What Is Freight Audit and Payment.

Analytics Software 52

Analytics Software Resource Reduction Cost Reduction Strategies Supply Chain Planning Software 52

GlobalTranz

MARCH 6, 2015

Manufacturing provides a significant source of demand for goods and services in other sectors of the economy, and these sales to other industries are not captured in measures of manufacturing sector GDP but are counted in the broader measure of its gross output. Manufacturing industries generated $2.1 trillion in GDP (12.5

Manufacturing Procurement 120

Manufacturing Procurement America Manufacturing Report 120

Unleashed

FEBRUARY 28, 2021

Any expanding business is today likely to receive sales orders from a range of sources, from over the phone, to email, via a presence on online platforms such as Shopify or Amazon, via channel partnerships and from salespeople on the road. When freight charges vary, margin visibility can suffer. Manual mistakes; sales order confusion.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

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

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

Unleashed

DECEMBER 6, 2021

Equipping your floor staff with barcode scanners can drastically increase the accuracy of your stock data, giving you a more reliable source of information for the location and expiry of products, as well as where they should be going next. Basically, it is a single source of truth for where each customer is in your sales funnel.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

3rdwave

AUGUST 8, 2019

Managing global freight is ladened with challenges. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. The global TMS functionality necessary to support execution control are: Freight contract management. Route Management.

Cost Reduction Strategies 74

Cost Reduction Strategies Inventory Reduction Negotiating Skills Global 74

Supply Chain Game Changer

NOVEMBER 11, 2018

More world-beating companies are recognizing that the goodwill you get from transparency in your Supply Chain can be a major source of competitive advantage – while also helping to make the world a more humane place. More and more consumers are demanding accountability and openness about where their products come from.

Supply Chain Software 59

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 59

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

Optimal Sourcing Currency Purchasing Skills Negotiate Pricing 45

Material Handling & Logistics

OCTOBER 18, 2017

When many people hear the word blockchain, they immediately think about bitcoin and crypto-currencies, conjuring up images of hackers and black markets. Acquire the source materials: add a block. And so on, from source to end-customer receipt. Always Available: A Shared, Distributed “Source of Truth”.

Manufacturing Procurement 75

Manufacturing Procurement Sourcing Supply Chain Design Software Supply Chain Software 75

Material Handling & Logistics

OCTOBER 24, 2018

"Many of our customers producing in China concentrate more and more of their production on the local Chinese market" while they set up mirrored production facilities in neighboring countries for exports, Detlef Trefzger, CEO of the Swiss freight company, said during an Oct. What happens to the Chinese currency? 18 earnings call.

China 67

China Supply Chain Planning Software Company Manufacturing Procurement 67

Logistics Bureau

JULY 11, 2018

Offshoring cost advantages were often a delicate matter in any case: lower worker wages had to be balanced against increased freight charges, duties, taxes, and damages during transit. Supply chains have become a major source of competitive differentiation because they are difficult to copy. Knowledge Emerging as Resource Number One.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 84

Talking Logistics

JANUARY 27, 2017

In the meantime, here’s Trump, Amazon, and the rest of this week’s supply chain and logistics news that caught my attention: Amazon Expands Into Ocean Freight (WSJ – sub. Freight on digital fast track: DHL launches CILLOX. Brings Advanced Freight Collaboration Solutions to the Transportation Industry. in December.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Predictive Analytics Software 0