EFT

MAY 1, 2020

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. Visibility is the centrepiece … not only in terms of where my inventory is, in which channel, and where to move it, but also in consumer demand, and how can I be ahead of that game and forecast the demand?”

Sourcing 65

Sourcing Procurement Inventory Apparel 65

Cerasis

AUGUST 9, 2016

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

Lean 179

Lean Transportation Management Transportation North America 179

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Gaining end-to-end visibility across your transportation processes delivers: $32.00 in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates.

Transportation Management 162

Transportation Management Transportation Predictive Analytics Supply Chain 162

Cerasis

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?

Transportation Management 187

Transportation Management Transportation Supply Chain 3PL 187

Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why

Trends 130

Trends Transportation Panama Tennessee 130

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

Global Transportation 60

Global Transportation Global Transportation Freight 60

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. Best-in-class global transportation is based on command and control competencies that create flexible and resilient transportation capabilities.

Global Transportation 40

Global Transportation Global Transportation Inventory 40

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on. Right Source.

Lean 68

Lean Transportation Metrics Strategy 68

Global Trade Management

MAY 22, 2017

The chain of custody certification offers the ability for public and private entities to chronologically document (physically or electronically) the ingredients, components and final products, their condition from production to destination as well as along the distribution lines recording any disruption in the product’s environment that could negatively influence the products quality or performance. This documentation should be precise enough to also be validated by a court.

Cargo 40

Cargo Electronics Security Lean 40

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. Here are some recommendations: Identify and document the root causes of poor supply chain visibility. Define and document Supply Chain Mapping business processes.

North Korea 143

North Korea Third Party Logistics China Australia 143

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. We finished dinner. I pressed my neatly folded napkin to my lips.

Data 266

Data Chemicals Metrics Case Study 266

Cerasis

APRIL 3, 2018

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability.

Supply Chain 215

Supply Chain Omnichannel Africa SCM 215

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. New Study Shows a Rise in US Company Inventories. Source: Commerce Dept.

California 68

California Japan Study Automotive 68

Talking Logistics

JANUARY 26, 2015

The WSJ article and other sources, such as this Khan Academy video series , explain how bitcoin works, so I won’t go into it here. As Casey and Vigna put it, “we imagine bitcoin as some sort of digitally rendered equivalent [to a paper dollar bill], much as a Word document is a digital stand-in for a physical page of text.” Source: [link]. I have to admit, I’ve paid very little attention to all the buzz surrounding bitcoin these past few years.

System 208

System Internet of things Supply Chain Currency 208

Talking Logistics

DECEMBER 16, 2015

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?

Logistics 179

Logistics Supply Chain Packaging Syria 179

Talking Logistics

JULY 29, 2015

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. These services will leverage the transportation information created by SAP TM and provide filing status updates to SAP TM for improved shipment visibility. Where to Find Supply Chain Innovation (Source: Adelante SCM).

Software 156

Software Electronics Conference SCM 156

QAD

MAY 7, 2020

The desire is to create flexible sourcing and connected supply chain networks that effectively respond to customers’ issues and expectations. With the technology available today and quicker access to information, more precise demand tracking and monitoring allows for appropriate and timely adjustments to better meet customer demands and reduce inventory levels. Reevaluate Lean Inventory.

Lean 75

Lean Supply Chain Performance Forecasting Global 75

Vinculum

OCTOBER 30, 2020

Inventory management in real-time. This can be combated by ensuring quality checks to a product before it is shipped and the need to establish a supply chain where inventory is properly distributed, safely stored and is moved by reliable and resourceful shipment companies.

India 52

India Policies Capacity Shipping 52

Talking Logistics

FEBRUARY 9, 2017

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. inventory, orders, shipping) and synchronization of activities across multiple trading partners. Source: RevCascade website.

Shipping 161

Shipping Supply Chain Journal Examples 161

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. Department of Transportation. 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. Or you might need an interpreter if you’re sourcing from a country where English is not widely spoken. Transportation charges. Introduction.

Currency 46

Currency Bangladesh Vietnam Australia 46

Talking Logistics

JANUARY 8, 2016

INTTRA Collaborates with JDA Software for Streamlined Transportation Management. “Given that 90% of everything we buy is transported by ocean, it’s important that we can extend our Transportation Management capabilities to INTTRA’s platform to bolster our ocean shipping capabilities exponentially,” said Fabrizio Brasca, Vice President, Solution Strategy, Intelligent Fulfillment, JDA. .

Cargo 107

Cargo Predictive Analytics Packaging United States 107

EMERGE App

NOVEMBER 4, 2018

This should serve as a general framework to source products from different countries according to their strengths. Department of Transportation. 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. Or you might need an interpreter if you’re sourcing from a country where English is not widely spoken. Transportation charges. Introduction.

Currency 40

Currency Bangladesh Vietnam Australia 40

3rdwave

AUGUST 8, 2019

Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. This control is done through Dashboard process management, real-time access to in-line look-ups, and direct access to underlying master data and transportation execution detail.

Global 53

Global Global Transportation Freight Currency 53

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

RPA can automate the uploading of reporting and contract data for transactions from contracts into Transportation Management Systems (TMS) or Enterprise Resource Planning (ERP) systems with greater speed and accuracy. Inventory Management.

Comparison 141

Comparison Inventory Freight Procurement 141

Supply Chain Network

APRIL 3, 2012

These losses occur because supply chains have inherently lacked on-demand access to actionable data that enables real-time decision-making about a product’s freshness and quality and documents the freshness and safety of delivered products. To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. All other trademarked names in this document are the properties of their respective owners.

Pharmaceutical 81

Pharmaceutical Data Food Quality 81

Talking Logistics

MAY 8, 2015

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. Ever get a song stuck in your head?

Israel 136

Israel Logistics United Kingdom Nevada 136

Cerasis

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. Sources: “Annual Financials for Wal-Mart Stores Inc.”

Arkansas 263

Arkansas Supply Chain San Francisco SCM 263

Cerasis

DECEMBER 5, 2018

For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics. A few key considerations when deciding between LTL and intermodal transportation, include: Intermodal is comparable to FT use. Shippers need to know what additional services will need sourcing to take advantage of the range of LTL to intermodal shipping. Transit times are longer than just transportation time.

Freight 159

Freight Shipping How To Reverse Logistics 159

Material Handling and Logistics

DECEMBER 2, 2018

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Source ID. Source ID. Content Summary: Personal Mover Transports Employees around BMW Plant. To eliminate some of this traveling BMW’s R&D group developed a Personal Mover solution—a one-person means of transport for covering short distances within an operating site. Source ID. Source ID. Source ID. Source ID.

Innovation 130

Innovation North Carolina San Francisco Military 130

Abivin

MARCH 28, 2019

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. Green logistics has a significant role in the trade process, transport and deliver the goods.

Guidelines 63

Guidelines Sustainability Warehousing Transportation 63

Supply Chain View from the Field

DECEMBER 16, 2013

Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Globalization is now increasingly linked to labor costs in countries such as China, as well as fuel costs and regulatory shifts, which are in turn driving a dramatic impact on where companies source, where they produce, and the complexity of processes required to sell to the customer. 2013 has certainly been an interesting year!

Analytics 98

Analytics Supply Chain BRIC Russia 98

Unleashed

DECEMBER 7, 2020

Because many businesses operate under single-sourcing strategies they were unprepared for the shutdown of primary suppliers. This single-source approach meant they faced supply disruption, inventory stockouts and lost sales when the pandemic hit.

Risk Management 55

Risk Management Supply Chain Risk Management Philippines Indonesia 55

LeanCor

APRIL 15, 2014

The lean logistics engineering process incorporates several complex factors including volume fluctuations, sourcing changes, and lead, window, and service times to determine transportation modes, sourcing locations, freight consolidation, trailer loads, route combinations, and freight sequences. Transportation costs to support the current network. Develop an inventory strategy based on pull. Develop a transportation strategy based on pull.

Logistics 142

Logistics Lean Warehousing Packaging 142

Supply Chain Game Changer

JULY 16, 2020

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. Such information streamlined transactions and improved decision-making, but the ERP data did not initially permit connecting and compiling cross-functional data sources. It can also eliminate manual, time-consuming processes concerning paperwork that could otherwise lead to lost documents. Subscribe Here! Email Address.

Big Data 71

Big Data Electronics Tools Supply Chain 71

Abivin

JUNE 16, 2020

For example: Mr. John scans his company's documents into PDF format and saves them to the C drive on his PC. For example: Mr. ,,John ,,scans his company's documents into PDF format and saves them to the drive C on his personal computer. Image source. For example: Mr. ,,John,,’s company implements a Transportation Management System ,,(. ,,, 3. Digitalization and Digital Transformation in the Supply Chain Image source.

Internet of things 63

Internet of things Sustainability Sourcing Examples 63