Remove Currency Remove Information Remove Inventory Remove Transportation

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Transportfolio

Until recently, single worldwide technology platforms weren’t available to companies with international operations, resulting in disconnected, inefficient networks separated by language, currency, and culture. Global Forwarding Global Transportation Logistics Supply Chain Consulting

This Week in Logistics News (March 21-25, 2016)

Talking Logistics

Omnitracs’ Roadnet® Transportation Suite 3.7.4 Speaking of cross-border trade, “all five major transportation modes – truck, rail, pipeline, vessel and air – carried less U.S. Department of Transportation’s Bureau of Transportation Statistics.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

more near-shoring and larger, less frequent shipments to minimize transportation costs). 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?

Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

These include road and rail networks, utilities like electricity and water, as well as technology infrastructure for information exchange and payments. Difficulty gathering information. Not knowing how much inventory is at each location.

Top 8 software every FMCG company should invest in

Abivin

Recommended software: DMS Pro Information: A cloud-based DMS that helps business eliminate manual sales processes, estimate promotions precisely and control all distribution activities. A transportation management system might be the key to lessen your burden.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

Major growth strategies are driven by economic realities, currency movements, government regulations, or access to existing logistics networks. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. We will continue to see cost pressure at all levels in the supply chain: at the retail level, on manufacturing, distribution and warehouses, transportation, and raw material supply.

Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

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.

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

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] Christopher Tang.

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

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] Christopher Tang.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

Will he declare China a currency manipulator ? If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? Alexa, How Much Inventory Remains at Store X?”

Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

Choosing that provider is critical because you will rely on their information gathering and data collection that is vital to managing your business, allowing you the ability to make foundational decisions. It’s really about much more than transportation and distribution.”.

Blockchain and the Global Food Chain

Enterra Insights

Most famously, blockchain is associated with so-called crypto-currencies like Bitcoin and Ethereum. By providing a common view, a blockchain eliminates the need to transfer information between organizations through such things as e-mails, spreadsheets, and direct electronic connections, and it helps to reconcile any differences in data between suppliers and customers. So all information is sequential, which helps avoid duplicate entries.”[3].

Food 100

How Blockchain Can Transform the Supply Chain

Logistics Bureau

Bitcoin is a recently invented currency that is separate from any state-controlled currency. For supply chain, it could be payment, warehousing, transport or delivery. Neither can records of inventory, warehousing conditions, delivery times and dates, and so on.

5 Key Benefits of ERP for Accounting and Financial Management

OptiProERP

It hosts a world full of business functionalities that are designed to address inventory requirements, quality of finished products, manage production functions and oversee crucial business processes. . Around the clock access to quality data and financial information .

Agility and flexibility in the age of digital supply chains – Insights from the 2017 Supply Chain & Logistics EMEA summit & expo

Kinaxis

The discussion also included other trends contributing to increased volatility, such as the direct rail transportation from China to deep into Europe, and potential opening of the Arctic shipping way with the melting of polar ice.