Remove Document Remove Sourcing Remove Supply Chain Remove Transportation

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. End-to-end supply chain visibility is a key to becoming a demand-driven enterprise.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

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. Supply Chain TMS

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

Supply Chains By the Numbers

Supply Chain Shaman

Intellectually, while I will know that year has changed, I will screw-up time, and time, again by writing 2014 on documents for many, many months. When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. It is my 300th blog post on the Supply Chain Shaman.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ). Making supply chain and logistics predictions is like throwing darts at a moving target.

Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supply chain resulting. What TRAMES Aims to Tackle.

Supply Chain Risk Management in 2021 and Beyond

Unleashed

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. The objective of supply chain risk management is to reduce vulnerability and disruption within supply channels.

Bitcoin: A New Supply Chain Operating System?

Talking Logistics

Casey and Paul Vigna – that opened my eyes to bitcoin’s true potential: as a new operating system for supply chain networks. 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].

System 208

Transportation Logistics

LeanCor

6 Solutions for Your International Transportation Logistics Challenges. While companies may see global sourcing as a means to reduce material or component costs, they must be mindful of what the customer is actually willing to pay for through total landed cost. Other challenges in international transportation logistics can include supply chain velocity, variability, visibility, and complexities in documentation and diverse requirements.

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! Digital Supply Chain evolve article and permission to publish here provided by Megan R. People often position the digital supply chain as essential for helping today’s businesses succeed. What a digitized supply chain entails, though, changed over the years due to the evolution of technologies and how people use them. Subscribe Here! Email Address.

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. million employees without a focus on good supply chain management. Not only has Walmart excelled over the decades in traditional supply chain management but with recent news as of late, Walmart is also focused on continuous improvement by investing more into emerging technologies to capture more of the e-commerce market as well as a focus on sustainability.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. Here is what I expect to see next year: Global supply chain footprints will continue to expand. Increased Globalization Brings Increased Risks of Supply Disruption.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

Managing supply chain SLAs have the added complication of geographic and cultural barriers. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms. The list of Incoterms is created and managed by the International Chamber of Commerce , and managing supply chain SLAs relies heavily on this decades-old list to ensure consistency and clear communications in contractual details for moving freight.

How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

A slew of new digital technologies is disrupting supply chain operations, but none is having more of an impact on the industry than artificial intelligence (AI). Transportation Management Solutions (TMS). Other Uses for AI in the Supply Chain.

10 Ways IoT Can Improve Supply Chains

IQMS

The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. The Supply Chain Management enterprise software market is growing from $12.2B

The Rise of the Digital Supply Chain Begets 5 Huge Benefits

Cerasis

What's the core difference between today's supply chain and the digital supply chain? If you see paper, pen, and a computer, you see the typical, modern supply chain. This is a model example of why the physical and digital supply chain must merge. The use of paper in modern business and the supply chain is tantamount to inefficiencies. What’s Wrong With Today’s Hybrid Supply Chains? This is a hybrid supply chain.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

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

Reimagining Supply Chain Resilience after COVID-19

SupplyPike

Learn: How the coronavirus has affected supply chains Actions supply chains can take How to develop a resilient supply chain. This is even more obvious for those in supply chain management where there is a continuous challenge to guarantee the last-mile delivery of products and supplies. . During this crisis, there are six sets of issues that require rapid measures throughout the supply chain.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Source ID. Source ID. Source ID.

Saving Supply Chain Planners from Chaotic Spreadsheets

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? Here are 5 reasons why spreadsheets are not the best alternative as a supply chain planning tool anymore : 1) Lack of end-to-end visibility to the overall supply chain.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations.

Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain? Why Supply Chain Mapping Matters. Many Companies Falling Short on Supply Chain Risk Management.

Understanding Your Sourcing Footprint is the Key to Procurement Analytics

Supply Chain View from the Field

Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics

The Importance of Transparency in Supply Chains

Enterra Insights

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. They are demanding more supply chain transparency. ”[1] They add, “The reasons for this increased interest are clear: Companies are under pressure from governments, consumers, NGOs, and other stakeholders to divulge more information about their supply chains, and the reputational cost of failing to meet these demands can be high.”

Alaska 149

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis.

Lean 182

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. These six steps allow shippers and 3PLs to improve transportation operations and increase supply chain value in the most ideal way possible. Source.

[WHITE PAPER] 4 Strategic Considerations when Considering Offshoring Parts of your Supply Chain

Cerasis

White Paper: Hidden Risks and Costs in an Offshore Supply Chain. In fact, our friends over at the Rodon Group, with whom we’ve started an ongoing blog collaboration, starting with this post and more to come, have written a White Paper entitled, “ Hidden Risks and Costs in an Offshore Supply Chain.” 4 Strategic Considerations when Considering Offshoring Parts of your Supply Chain. Supply Chain White Papers offshoring

Find the Money – How a Transportation Spend Diagram Can Help

Talking Logistics

Transportation professionals should be trained to “find the money.” That is, when conducting a strategic assessment or solution design within a transportation operation, transportation professionals should look for ways to create cost reductions while improving (or without negatively impacting) service levels. A strategic assessment or solution design is an exercise that helps define the current state of a transportation operation.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

It is about time that we leveraged supply chain analytics

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? Here are 5 reasons why spreadsheets are not the best alternative as a supply chain planning tool anymore : 1) Lack of end-to-end visibility to the overall supply chain.

4 Supply Chain Areas to Examine in the Face of Disruption

QAD

Global supply chain leaders have broad and continuous experience in expecting the unexpected. How do Disruptive Events Impact the Supply Chain? The supply chain impact resulting from coronavirus varies heavily depending on the industry. These are just a few examples of how a crisis may increase or decrease demand for particular products resulting in supply chains being impacted. . Boost Global Supply Chain Visibility.

Lean 74

Improving Supply Chain Visibility

Supply Chain Movement

“I need supply chain visibility,” remarked the client over coffee at a break at a conference. It was clear to me that improving supply chain visibility would greatly improve the client’s decision making. So, I asked, “What does supply chain visibility mean to you?” She looked at me like I was the dumbest analyst in the world and remarked, “Doesn’t everyone know what supply chain visibility is?” “No,”

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. And as supply chains have become increasingly diffuse over time, the likelihood that disruption in one region will have consequences that reverberate across the globe, is higher than ever before. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes?

Made in “I Really Don’t Know”

Talking Logistics

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. 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. Why Supply Chain Mapping Matters.

How to Design the Right Solution in a Dynamic Transportation Environment

Talking Logistics

These influences are changing shipper and LSP transportation requirements in real time, which creates a need for designing the right solution to address those challenges. Designing a solution to better manage transportation involves a 3-step approach: Evaluate and understand the current state. Transportation operations are typically where the symptoms (excess costs) of upstream or downstream order process issues arise.