How currency changes are affecting logistics providers

The Network Effect

This means more air and sea freight on Europe-North America lanes, cross border feeds from Mexico and Canada, and increases in domestic North American transportation and warehousing for imported products. Therefore, world currency changes do affect logistics providers. epSos.de/Flickr.

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown

CH Robinson Transportfolio

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. Business Global Transportation Supply Chain Currency Economy India

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Improving Transportation in the Real World

Talking Logistics

Ideal transportation operations are difficult to achieve, but an ideal approach to improving transportation in the real world — finding real savings and adding value to other functional areas in the supply chain, or business more broadly — is achievable.

What Is Transportation Management Systems Software (TMS)?

3GTMS

Transportation management systems, or TMS, has taken hold of logistics and global trade within the last decade, and for good reason. The post What Is Transportation Management Systems Software (TMS)?

Successfully Managing a Multi-Everything Transportation Operation

Talking Logistics

As the transportation operations of shippers and third-party logistics providers become more global and complex, so do their transportation management system (TMS) requirements. Multiple modes, multiple shipment legs, multiple countries, multiple currencies, multiple languages — in short, multi-everything! What are the main challenges shippers and 3PLs face in managing a multi-everything transportation operation?

UltraShipTMS named a “Notable TMS Vendor” in Gartner’s 2018 Magic Quadrant Report on Transportation Management Systems

Supply Chain Collaborator

March 21, 2018 – Fair Lawn, NJ – UltraShipTMS has again earned recognition as a notable vendor of enterprise transportation management systems and associated logistics IT solutions in Gartner’s esteemed Magic Quadrant report for Transportation Management Systems.

Improving Global Freight Process Management

Talking Logistics

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. Tracking global commerce activity across the entire transportation lifecycle – beginning with planning, including execution, and through settlement—is key for businesses to thrive on a global level.

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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.

How Do You Measure “Free Time” Across Your Global Supply Chain?

Talking Logistics

Technically, Free Time is not free; you pay for it in your transportation costs. For example, I worked with a customer recently who budgeted demurrage at 4% of their transportation spend. One easily accessible option is a cloud-based Transportation Management System (TMS).

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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? So, with darts in hand, here are my supply chain and logistics predictions for 2016: The Transportation Management System (TMS) market will become more barbell-shaped as Software-as-a-Self-Service solutions emerge. Drones – The Birth of a New Transportation Mode.

5 Hot Topics in Home Delivery this Season

Talking Logistics

Visibility also gets worse in the absence of a single transportation platform to manage disparate delivery modes. With a common visibility environment for all deliveries, thought-leading retailers make delivery choices by logically grouping orders heading to the same area, regardless of size and available transportation mode, which lowers costs while reducing lead times.

January Market Update: Transportation Industry News

CH Robinson Transportfolio

This month, we highlight five key factors that impact the transportation industry in North America. exports for 2016, due to improving global economic conditions and a moderate softening of the dollar against other currencies.

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

Borderfree manages all aspects of the international shopping experience, including site localization, multi-currency pricing, payment processing, fraud management, landed cost calculation, customs clearance and brokerage and global logistics services. Ever get a song stuck in your head?

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

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

The Business Case for a Global TMS

3rdwave

Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. Transportation Visibility and Exception Management. Global transportation is its own unique space within the transportation team.

6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

dollar rises against foreign currencies, U.S. Sri is responsible for the global strategy, volumes and revenue for the ocean transportation. Guest Commentary Guest Commentary - CH Robinson Supply Chain & Logistics Trends Transportation Management bunker cost C.H. Robinson ocean transportation Panama Canal Safety of Life at Sea SOLASThe start of a new year means budget planning is likely back on your agenda.

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Bitcoin: A New Supply Chain Operating System?

Talking Logistics

But I read an article in this weekend’s Wall Street Journal – The Revolutionary Power of Digital Currency by Michael J. Already, hundreds of specialized apps are being built on top of the digital-currency blockchain software, which is seen in this context as a kind of base operating system.”.

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5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Talking Logistics

But let’s be smart about it and not get hung up on the latest buzzwords like crypto-currencies and blockchain. Guest Commentary Guest Commentary - CH Robinson Transportation Management Hanjin ocean contracts ocean shipping transportationThe 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations.

5 Steps for a Successful Global TMS Implementation

TMC

To accomplish it, many turn to global logistics solutions that blend transportation management system (TMS) technology with supply chain expertise. Global TMS Technology Global Transportation Management Implementation Transportation Management System

How to Differentiate a Global TMS

TMC

What does a global transportation management system (TMS) look like? As a wider range of shippers globalize their logistics networks, TMS solutions capable of managing international freight transportation have become a key part of supply chain management strategies.

3 Questions to Ask Your Global Logistics Provider

CH Robinson Transportfolio

Expect them to talk about the modes of transportation they offer. For any company moving products, variations in taxation, culture, currencies, and regulations will have important impacts for your overall business. 3 Questions to Ask Your Global Logistics Provider | C.H. Robinson.

Mexico Back in the Supply Chain Spotlight

Talking Logistics

Currency is stable and inflation is under control. . Global Trade China cross-border trade Mexico NAFTA security Transplace transportation Troy Ryley It seems like we’ve come full circle with Mexico. 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. What is it about Mexico that makes it an attractive trading partner again?

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[WHITE PAPER] An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management

Cerasis

Bitcoin, the digital currency that saw record-breaking growth last year, is built on blockchain technology, providing an endless ledger of transactions. The post [WHITE PAPER] An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management appeared first on Transportation Management Company | Cerasis.

Shoveling Snow with a Dustpan (Takeaways from BluJay Solutions’ SOAR 2017 Conference)

Talking Logistics

BluJay’s solution footprint is relatively broad, comprised of warehousing, transportation, commerce, and compliance applications, and following its acquisition of Blackbay last month , the company now has a suite of mobile applications (and a mobile development platform) too.

5 Steps for a Successful Global TMS Implementation

TMC

To accomplish it, many turn to global logistics solutions that blend transportation management system (TMS) technology with supply chain expertise. Beyond your company’s ongoing tasks, you also must face and plan for the nuances of each region’s local logistics market, including different languages, currencies, taxes, and tariff systems. Global TMS Technology Global Transportation Management Implementation Transportation Management System

How international shipping can be improved in today’s global automotive supply chain

The Network Effect

The supplier will be responsible for: loading material onto transport vehicle. Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices.

Weakening Euro Impact – Enterprise Software Market Declines in Fourth Quarter 2014

Logistics Viewpoints

We track the revenues of fifteen prominent publicly traded enterprise software companies, translate financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period. Cloud/Software-as-a-Service Transportation Management Systems Warehouse Management Systems ARC Advisory Group tracks the enterprise software market on a quarterly basis.

Landed Cost – Landed Cost Formula + Calculators

EMERGE App

One of the main subparts of the of the retailing business is the transportation of the purchased goods from your supplier to your stores. This example shows how landed cost can affect your selling price decision and how different products can have different costs involved in transportation.

Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

3-9% reduction in transportation costs as a percentage of sales (overhead costs and profitability). One business, where finance was not involved in S&OP, was crushed by a rapid currency appreciation in the Swiss franc that made its products too pricey for the market.

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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

Cerasis

Everyone seems interested in Blockchain technology in lieu of the crypto-currency craze. Twitter Facebook Google+ LinkedIn The post These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018 appeared first on Transportation Management Company | Cerasis.

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Cross-Border E-Commerce: Growing Fast, But Still a Messy Reality

Talking Logistics

In addition to language and currency considerations, there are many other factors that come into play, including cost factors (duties, taxes, brokerage fees), customs compliance requirements (product classification, restricted party screening, import/export documentation), and complying with the address formats of destination countries to prevent delays and other issues with last-mile delivery.

When the U.S. Goes It Alone, What Does the Rest of the World Do?

Supply Chain Brain

After an extended period of ceding ground to most currencies, the U.S. Regulation and Compliance Global Logistics All Logistics Transportation & Distribution All Technology Supply Chain Visibility SC Planning & OptimizationMuch more relevant now is any potential illnesses from a bout of inward-looking U.S. policy, namely imposing tariffs on steel and aluminum imports while keeping natural trading allies in limbo on whether or not it applies to them.

The 10 Best Apps to Have While Travelling!

Supply Chain Game Changer

Currency Converter. You’re going to need to convert your money in the currency running through your holiday location. It’s so widespread that you can get an Uber anywhere you travel to and save on transport costs as they might be a cheaper solution to local taxis.

Differentiating Your Business as You Build Your Global Presence

CH Robinson Transportfolio

You’ll probably ask yourself how you can serve people with different cultures, languages, and currencies, without losing your local presence. Some of these global companies—but certainly not all—are deciding to consolidate into fewer regional transportation providers.

Blockchain and Supply Chain Analytics: Impact of Small to Large Supply Chains

Cerasis

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.