The Impact of SOLAS on Ocean Shipping and Data Management

Talking Logistics

The Regulation’s Impact on Ocean Shipping and Data Management. The Regulation and Data Management. However, in today’s information-driven supply chain, data often flows in parallel with the passage of freight. Each of these supply chain participants may use various protocols, Enterprise Resource Planning (ERP) or Transportation Management (TM) systems, and information may be transmitted at different times.

Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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Why Logistics and Transportation Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format, the higher the fidelity and resolution of the picture presented through digitization. Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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? In short, the increased threat of terrorism underscores the importance of taking a smarter approach to supply chain risk management , which was one of my predictions for 2014. The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).

6 Transportation Management Trends for 2016

Cerasis

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies. Outsourcing of Freight Data and Payment Management.

Top Talking Logistics Posts & Episodes (Q1 2016)

Talking Logistics

Chipotle: The Latest Example of Why Supply Chain Risk Management Matters. The Impact of SOLAS on Ocean Shipping and Data Management. Sports Authority: Another Not-So-Great Moment in Supplier Relationship Management. It Isn’t That Simple: Managing the Complexities of Parcel Shipping (2,981 views).

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This Week in Logistics News (April 11-15, 2016)

Talking Logistics

February 2016 Freight Transportation Services Index (TSI). How long before Amazon announces that it is buying its own 18,000 TEU container ship? Speaking of container ships, there continues to be a lot of confusion and uncertainty surrounding the new SOLAS requirements, which go into effect on July 1, 2016. In short, everyone involved with ocean shipping needs to stay informed of the ongoing developments surrounding SOLAS.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. The Move to LTL Digital Shipping.

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This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Oracle Announces New Releases of Oracle Transportation Management and Oracle Global Trade Management. TMW Systems Announces New Products, Features that Enable Transportation Businesses to ‘Make the Most of Now’ HighJump Announces Brewers’ Edge. FedEx to Increase Shipping Rates for Express, Ground and Freight Services. Final rule for electronic logging devices is pushed back to end of October (Logistics Management).

Sam’s Club Updates Appointment Scheduler and OTIF Standards

Zipline Logistics

Download: Using Data to Drive OTIF and Retail Compliance Success. Download the free white paper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. It is critical to leverage transportation analytics to get the most out of your operation. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements. Have set ship dates and less variance in transportation.

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A Guide to Maximizing Your Fleet Management Data

GTG Technology Group

Why You Should Pay Attention to Your Fleet Management Data. You don’t have to manage your fleet in the dark. Management data can shed light on your operations, exposing weaknesses and illuminating opportunities for improvement. Knowing how to effectively leverage management data, however, is something with which many operations struggle. Your data must be integrated and actionable for your business to enjoy real returns.

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This Week in Logistics News (June 27 – July 1, 2016)

Talking Logistics

With many folks taking off early for the holiday weekend, I’ll just go straight to this week’s supply chain and logistics news that caught my attention: Exporters Wary as Shipping Safety Rule [SOLAS] Kicks In (WSJ – sub. With Amazon in mind, Wal-Mart to offer free shipping for 30 days (Reuters). Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers.

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Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). In another example, minimizing distribution expense by going with the low cost shipping option, may extend shipment times and negatively impact customer service levels. Master Data Management.

Are You Getting the Best Out of Order Consolidation?

TMC

A key feature of advanced transportation management system (TMS) technology, especially in conjunction with Managed TMS ® solutions, is an optimization tool that dynamically consolidates orders to create efficient routing and scheduling plans for multi-leg shipments. Sifting through these alternatives to pinpoint that one best-case “atom” quickly is a tall order for any person, but typically represents the path of least resistance for busy freight managers.

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Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

I’m Tyler Hildebrand and I am an account executive at Reliable Transportation Solutions in Cincinnati, OH. As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. Transitioned to transportation and logistics when a recommended me for an opportuniy. Balances and manages the supply and demand of food. Risk management. Appropriate temperature control during transport.

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6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Or, the issues and challenges focus on more sophisticated problems like improving processes to contribute to more efficient and effective global supply chain control and management. Poor Master Data Management.

Behind the $5 billion dollars in logistics technology investments

Freightos

This was one of the things that ICV saw in Freightos: Freightos provides large global shippers with the transparency and information required to lower not only direct costs, but also, through Freightos’ carbon footprint calculator, indirect costs to the environment from the transportation modes and trade routes they choose. #2: 2: (Freight) Data Is The New Oil. We also believe that data is the foundation of all 21st century business; he who has the data will win in the 21st century.

5 Quick Solutions for Simplifying Supply Chains

Unleashed

In an attempt to get back to supply chain basics, companies need to scrutinise their processes, from procurement through to storage and shipping. With the rapid rise in our ability to collect information, data saturation is everywhere. Sure, data is king when it comes to helping forecast future demand and inventory stock needs but the ability to collect data is not always supported by the ability to filter and manage that data correctly.

6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Or, the issues and challenges focus on more sophisticated problems like improving processes to contribute to more efficient and effective global supply chain control and management. Poor Master Data Management.

6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

The issues and challenges are fundamental, like managing master data from a trade compliance perspective, classifying products effectively and efficiently for customs and PGAs, managing regulatory rulings, or screening accounts and contacts. Or, the issues and challenges focus on more sophisticated problems like improving processes to contribute to more efficient and effective global supply chain control and management. Poor Master Data Management.

Top 15 Logistics Blog Posts of 2014

Cerasis

Some logistics involves transportation or warehouses or both. The Warehouse Manager’s Complete Warehouse Traffic Management Checklist : A warehouse manager is responsible for ensuring the health and safety of their employees and others who visit your workplace. Any process or management after the sale of the product involves reverse logistics. Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety.

Faster and Fresher: Technology that’s changing the supply chain

ITradeNetwork

How are we going to transport our product? Expeditious shipping is often a priority, and with good reason. But cost, tracking ability, and optimization of every shipment should also be factored in to make sure your company’s transportation process is reaching maximum efficiency on both ends of the delivery. Incorporating a transportation management system provides an all-in-one option for planning, scheduling, and tracking every shipment.

This Week in Logistics News (September 16-20, 2013)

Talking Logistics

Kewill and CarrierWeb Penetrate China Transportation Market with Mobility and Data Management Solutions. First, Amber Road announced that it has acquired EasyCargo, “a cloud-based solutions company with a specific focus on a subset of global trade management called China Trade Management, or CTM.” Meanwhile, Kewill and CarrierWeb announced that they are collaborating to develop the Transportation Management System (TMS) market in China.

Why Trade Compliance Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format the higher the fidelity and resolution of the picture presented through digitization. Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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Digital Transformation in Trade Promotion: What Must Change?

Supply Chain Insights

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. Predicting the success of trade promotion is what this rush to promotion optimization is all about; but, it’s more about the quality and quantity of the data.

Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

– Choose technology that supports operating with actionable data instead of making decisions based on questionable, public information. – Contradictory streams of conflicting industry media market perspectives is no way to plan for actual supply logistics. First, accept that it is nearly impossible to rely on trends data derived in industry media outlets for any kind of effective transportation planning.

The Hidden Complexity in the Retail Supply Chain!

Supply Chain Game Changer

But behind the curtain that is Retail there are a lot of people managing a lot of processes and dealing with a lot of complexity earnestly trying to make your goods available to you. Plus they want it all at the lowest cost possible (and free in the case of shipping). Or they could ask their goods to be shipped to someone else. This requires process capabilities for ship to store, pick up from store, drop shipping, and direct to customer shipment. Master Data.

Why Trade Compliance Should Digitize

3rdwave

The more granular and comprehensive the data captured in digital format the higher the fidelity and resolution of the picture presented through digitization. Digitization is suddenly so important because the current technology supports the capturing of phenomenal amounts of raw data from an unlimited number of sources and the converting of that data into meaningful, contextual, and actionable information – quickly and at low cost. What is Digitization?

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Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Source) The emergence of autonomous mobile robots in optimizing picking process has placed a question for many Logistics managers about the competition between AMR and Warehouse Management System (WMS). Source) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

But with the vulnerability of such ultra-dependence on China now exposed, business managers should be planning how to increase the resilience of their supply chains. Not only does this spread the risk, but transportation costs are lower. Localising your supply chain can significantly reduce transport costs. Localising your supply chain has a positive effect on the environment as it reduces the energy required for shipping, transport, and storage.

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Can demand sensing really work in today’s confusing IT landscape?

The Network Effect

Today’s retailers and manufacturers are awash in data that more precise and available than ever before. Much of newly available data requires that we use a massively scalable, network-based, real time platform in order to provide both a single version of the truth from a data integrity perspective as well as a seamless functional environment between planning and execution from a modularity perspective. Much More than a Demand Management Revolution.

How to Get the Benefit of GDPR for Your Supply Chain

Logistics Bureau

The General Data Protection Regulation or GDPR is often seen as a constraint on enterprises, rather than an opportunity. For supply chains, higher efficiency, lower costs, and better customer relationship management are just some of the possibilities. The goal of the GDPR is to give people greater control over their personal data. You sell electronics products over the web from Brazil using different suppliers to drop-ship to consumers in Europe. Data portability.

Five Causes of Analysis Paralysis You Can Avoid

TMC

How often do you feel like you’re drowning in data? It’s a familiar feeling for many supply chain professionals in today’s data-rich working environment. Or maybe you are unaware that the volume of data you’re processing may be in excess of what you actually need. It’s a common pitfall at a time when the number of data sources and data points seem to be growing exponentially. The data is not aligned with the specific needs of the functional group.

Improving inventory management

EFT

This has pushed inventory management far up the agenda for a host of companies seeking to properly get a handle on what is where in their logistics train and where problems the next blockage might occur. Inventory management, evolved.