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. emails, text, physical documents) has resulted in delays and potentially inaccurate or misconstrued information. b) Document Repository & Sharing.

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.

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Commercial Documents Required for Customs Clearance

20Cube Logistics

Every country has their own laws as outlined by the government and the shipping companies as well as freight forwarders should be aware of it and keep a tab on the new laws related to customs so as not to skip any mandatory document while in international trade. Port trust document.

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

GlobalTranz

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.

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

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

Paiva also emphasises the importance of being robust from a supplier but also a transportation perspective. “We We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. Even the transport network is changing.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

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.

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

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.

Greater Supply Chain Savings Thanks to Transportation Management

GlobalTranz

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?

Why Logistics and Transportation Should Digitize

3rdwave

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. 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?

The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Your RFP will be much more successful with a documented carrier strategy.

3 Initiatives Driving Sustainable Transportation and Logistics Management

BlueYonder

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

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

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3 Components to a Complete Lean Transportation Management System

LeanCor

When we hear “transportation management system” at LeanCor, we don’t just think of software. Lean thinking can help organizations develop and maintain a fast, stable, efficient transportation management system. When shippers apply lean thinking to people, process, and technology in transportation, the results are significant. Are these practices part of your organization’s transportation management system?

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

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.

The Importance of International Transportation Visibility in a Global Pandemic

3rdwave

Without inbound international transportation, product level visibility organizations are flying blind – or, they are at a minimum, severely visually impaired. His indirect supply chain is sourced through 3rd party importers who sell them on a DDP basis.

Why Logistics and Transportation Should Digitize

3rdwave

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. 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?

Blue Yonder Named a Leader in Gartner’s Magic Quadrant for Transportation Management Systems

BlueYonder

Gartner recently released the Magic Quadrant for Transportation Management Systems (TMS) report 1 , and Blue Yonder has again been named a Leader in the report. To learn more, please visit Blue Yonder’s Transportation Management solution and contact Blue Yonder.

Aramex Selects BluJay’s Transportation Management Platform for Streamlined Solution from Parcel Scan to Line Haul

BluJay Solutions

BluJay’s tech is key to digital transformation and customer success for global provider of logistics and transportation solutions. Aramex is a leading global provider of comprehensive logistics and transportation solutions, headquartered in Dubai and operating in 65 countries.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

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.

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Reducing Parcel Transportation Costs Thru Parcel Audits

GlobalTranz

Parcel auditing is an excellent means of recapturing revenue by reducing parcel transportation costs for shippers around the globe. Therefore, isolating and correcting these errors and preventing their financial impacts could result in savings in transportation costs. Shippers looking for ways to improve profitability need to under parcel audits and their impact on total transportation costs. Integrability with certain transportation management systems.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

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.

Sourcing Cost and Time Savings for America’s Brightest Orange

Jaggaer

“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Since then OSU has conducted around 900 sourcing events via JAGGAER.

How to Improve Freight Labeling for Transport and Logistics Management

GlobalTranz

To combat the problem here’s a way to improve freight labeling for transport and logistics management. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. To combat the problem of missing labels and other documentation, haulers have resorted to duplicating the necessary paperwork and storing it inside the freight itself.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. Completed by the exporter, the bill of lading provides a list of the contents of the shipment, establishes the value of the cargo, and acts as a legally binding document through the shipping process. In Mexico, the basic Mexican import document is the pedimento de importacion.

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Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

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.

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Made in “I Really Don’t Know”

Talking Logistics

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.

How to Achieve the Perfect Delivery

Logistics Viewpoints

The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation. This includes the entry of the order, sourcing, payments, and fulfillment. And fleet Management involves freight moves with transportation assets owned by the company.

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Firmament-Backed Envase Completes Second Transaction in October, Acquiring Tailwind Transportation Software

Tailwind

Envase ( www.envasetechnologies.com ) provides mission-critical, cloud-based transportation management system (TMS) enterprise software and mobile applications to the intermodal transportation industry, with a core focus on the drayage trucking niche.

Increased demand and regulations create new challenges for multi-temp carriers

DELMIA Quintiq

The demand for refrigerated food distribution has changed dramatically over the past several years, in turn adding the complexities of shelf-life, perishability and refrigeration requirements to the logistics of food transportation. With industry sources reporting record high rates for the refrigerated trucking market, as referenced recently by Food Logistics , carriers are looking to capitalize on the strong demand and tight capacity for refrigerated trucks. Dot Transportation Inc.

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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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Transportation Assessments are Like Self-Scouting in Football – Due Diligence Matters!

Talking Logistics

Accurately assessing one’s transportation management capabilities is likewise critical to knowing where to improve and invest (and as much fun as football for some of us). While all transportation assessments differ in some ways — based on the particulars of the industry, business strategy, global region and other variables — most are very similar in structure. Now if we can just figure out how to set up and score transportation management fantasy teams, we’d be all set.

Why Blockchain Within The Supply Chain Makes Perfect Sense

GlobalTranz

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. Source ] Blockchain can help mitigate these losses and their associated disputes. Blockchain Omnichannel Supply Chain Transportation Management

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.