Thu.Apr 02, 2020

article thumbnail

5 Signs its Time to Upgrade Your Accounts Receivable System!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Best Practices for Accounts Receivable and Accounts Payable! Accounts Receivable article and permission to publish here provided by Nathan Miller at tesorio.com. Many companies hesitate to upgrade or change their Accounts Receivable System simply because they feel they can continue to achieve the same results using the same systems and processes as they did five years ago.

article thumbnail

Five Steps to Launch a Supplier Scorecard

Logility

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. Key uses for a supplier scorecard include: Measuring performance and driving improvements. Justifying which suppliers to keep in your supplier base. Strengthening a negotiating position. Developing suppliers into better partners. Rewarding good performers based on objective data.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why We Need Real-Time In-Transit Visibility, Right Now

Tive

The Covid-19 outbreak has revealed new levels of weakness in America’s supply chains. From missing medical equipment to a strain on trans-Pacific trade, our supply chains are being hit in ways that put public safety at risk. As a result, we are all reassessing what we thought were the best practices in supply chain management. We’re also seeing great heroic acts from an army of people that help move our necessary supplies every single day.

article thumbnail

Transportation Risk Management: Keep Your Cargo Out of Danger

Logistics Viewpoints

Omni-channel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future.

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Ultimate COVID-19 Supply Chain Resource Roundup

Freightos

As COVID-19 spreads and nations across the globe take measures to contain it, the impacts to the supply chain have been dramatic, fast-changing, and many. While we stay on top of all the rapid changes, we’ve also come across a lot of great online resources covering the coronavirus’ impact across the world from many different perspectives particularly COVID-19’s supply chain impact.

Resources 198

More Trending

article thumbnail

Managing Freight Costs During COVID-19

Stord

April 3, 2020 Supply chains are scrambling to adapt to COVID-19, an unprecedented event that couldn’t be forecasted in demand planning. Some companies are pivoting to the production of a completely different product , and others are struggling to keep up with the surge in customer demand. Supply chain professionals are starting to make their supply chains more resilient to sudden changes like these, but how can they manage rising transportation costs right now?

article thumbnail

The Role of Transportation in Supply Chain Design: A conversation with Chainalytics’ Steve Ellet [Podcast]

CHAINalytics

Episode 17 of the Freightvine podcast explores the benefits of supply chain network modeling when unforeseen scenarios like COVID-19 happen. And why it’s important to get transportation costs right in these models. Supply chain design expert Steve Ellet joins host Chris Caplice for this conversation. Supply chain network design has evolved significantly in the last … The post The Role of Transportation in Supply Chain Design: A conversation with Chainalytics’ Steve Ellet [Podcast] appeared

article thumbnail

Category Management in the New Normal – POV from Blue Yonder

BlueYonder

This blog is a part of our Coffee & Category Management Vlog series. Be sure to check back for the next installment. COVID-19 has certainly changed the way we work, shop and interact. The impacts are even greater as a strained supply chain becomes stretched to capacity to meet the demands and needs of customers looking for critical essentials. Never has there been a time when the supply chain has been strained to this degree.

article thumbnail

Managing Your European Supply Chain Network: Tactical Responses to the Coronavirus Pandemic

CHAINalytics

COVID-19 is testing the resiliency of supply chains worldwide and particularly in Europe. The coronavirus pandemic is unprecedented, and its long-term impact on supply and demand are still wholly unknown. Despite growing uncertainty, there’s a number of supply chain network strategies which can leveraged to mitigate risk and increase flexibility. At this point, most … The post Managing Your European Supply Chain Network: Tactical Responses to the Coronavirus Pandemic appeared first on Ch

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown. The revival comes, however, as Western countries lock down their societies and economies in a bid to contain the pandemic, sparking disruption at key international seaports and airports and a fall-off in demand in China’s traditional markets.

China 53
article thumbnail

E-commerce in India: Optimizing Your Omnichannel Strategy

CHAINalytics

In today’s retail world, every business–to one extent or another–is an e-commerce business. But, in the quest to deliver orders to a growing and demanding online customer base, it’s surprisingly easy to increase omnichannel delivery costs to an unsustainable level. Some analysis and research can help brands satisfy their customers while keeping distribution costs in … The post E-commerce in India: Optimizing Your Omnichannel Strategy appeared first on Chainalytics.

article thumbnail

How a SaaS-Based TMS Aids the Supply Chain During Disruption

MercuryGate

In early February, Steve Banker of Forbes described the issue of the novel coronavirus, now officially known as COVID-19, as a major supply chain disruptor. His words indicated companies could hope to contain and avoid such disruption. China had already implemented lockdowns in Wuhan and enacted travel restrictions. As we now know, the virus has […].

article thumbnail

Logistics Workforce Protection: The New Normal in 3PL Operations

Consumer Goods Logistics

During a recent meeting with KANE associates, our long-time business partner, Sam’s Club, reminded the team that they were “the backbone of this economy right now.”. It was a heartfelt comment that cut right to the heart of the matter – without logistics workers, the supply lines for essential goods like food and household staples stop flowing and commerce grinds to a halt.

3PL 47
article thumbnail

The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

article thumbnail

How Consolidation Freight Management Boosts Volume and Lowers Spend

GlobalTranz

The topic of effective freight management and navigating the complexities of a finite capacity were already on the minds of shippers well before the COVID-19 pandemic. According to Brooks A. Bentz of Logistics Management, the turmoil of the world was a general indicator that freight rates would cause trouble in 2020, and the only way.read More. The post How Consolidation Freight Management Boosts Volume and Lowers Spend appeared first on Transportation Management Company | Cerasis.

Freight 201
article thumbnail

Logistics Workforce Protection: The New Normal in 3PL Operations

Consumer Goods Logistics

During a recent meeting with KANE associates, our long-time business partner, Sam’s Club, reminded the team that they were “the backbone of this economy right now.”. It was a heartfelt comment that cut right to the heart of the matter – without logistics workers, the supply lines for essential goods like food and household staples stop flowing and commerce grinds to a halt.

3PL 46
article thumbnail

Do You Have Medical and Other Essential Supplies Available for Sale? Freightera Community Update

Freightera

Gloves, Zip Lock Bags, Masks, Gowns, Hand Sanitizers, etc. On Wednesday we received an urgent call from the BC Government’s COVID-19 Supply Hub to purchase the medical and other essential supplies. We immediately sent this information to our entire email list of thousands of manufacturers, wholesalers, distributors, and suppliers. Many of them had the products in their warehouses and responded to the call.

article thumbnail

Unleashing the Full Potential of Procurement through Digitization by Natacha Tréhan

ivalua

The post Unleashing the Full Potential of Procurement through Digitization by Natacha Tréhan appeared first on Ivalua.

article thumbnail

More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

article thumbnail

Excel inventory management techniques - 7 basic tips & free template

TradeGecko

Inventory management is the operational backbone of any business with a product to sell. If you are just starting out with a small number of products without many variants, Microsoft Excel is a good tool for beginners to create an inventory list template.

article thumbnail

Adexa Expands Operations in China

Adexa

Media Contact: Ron Wilson. Adexa, Inc. rwilson@adexa.com. +1 (310) 642 2100. Los Angeles, California – April 2, 2020 – Adexa, Inc., the leading provider of intelligent AI-powered solutions for supply chain optimization and digitalization, today announced partnership with Qingdao Innovation Institute (QDII) for expansion of its operations in China.

China 17
article thumbnail

SKU rationalization: What is it and is it important to my small business?

TradeGecko

SKU Rationalization is a process by which merchants determine if a particular product is kept on the shelf or if it should be discontinued, based on its profitability. This process is also known as inventory optimization or product optimization.

article thumbnail

FedEx Announces Additional Coronavirus Surcharges

Intelligent Audit

As carriers cope with the CoronaVirus pandemic’s impact on shipping, new changes are being made. Earlier last week, 4 of the biggest carriers announced new surcharges in the wake of the crises. In the last few days, FedEx has made some additional changes that shippers should be made aware of: Beginning April 6, FedEx Express & TNT will be implementing the following surcharges : Temporary Surcharge on FedEx Express International Service.

China 98
article thumbnail

Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

article thumbnail

The Eight Benefits of Curbside Pickup

Tecsys

Retailers will shutter if they do not take proactive steps to open new revenue streams.… The post The Eight Benefits of Curbside Pickup appeared first on Tecsys.

Retail 84
article thumbnail

20 QuickBooks Tips To Simplify Your Life

EMERGE App

Introduction. No matter what kind of business you own, storing all your records accurately is very important for a successful business. QuickBooks Pro was created by Intuit, a financial accounting software program famous for its ease of use, customization, money management and reliability. They later added a cloud application version called QuickBooks Online.

article thumbnail

Freight Shipping and Coronavirus: What You Need to Know

Freight Center

In light of COVID-19, businesses around the world are implementing plans to safeguard their customers and employees to keep them safe which is a must. But with each passing day, we are realizing the scope of the economic ripple effect also. Industries in the United States and around the world have been impacted, including freight shipping. Small businesses who heavily rely on freight shipping to move their products are facing struggles to keep their products moving.

Freight 63
article thumbnail

Join #ProvenanceLive: digital meetups every Wednesday

Provenance

Now is a time for reflection, inspection and connection as we launch a new transparency series all about the issues that matter most to our Provenance community. Every Wednesday at 5pm GMT for half an hour, we’re hosting a digital meetup to connect thought leaders, brand pioneers and industry experts along with our Provenance team and wider community of conscious citizens.

article thumbnail

What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

article thumbnail

Marketing During COVID-19: Time to Recalibrate?

Logistics Marketing Advisors

On the morning of September 11, 2001, I was coordinating a marketing planning session at a Chicago hotel with most of the management team for the 3PL that I then ran marketing for. When the news about the World Trade Center attack hit, the rest of that morning was spent absorbing the devastating news and communicating with loved ones. But it was clear no one was traveling home, even if they wanted to, since all flights were cancelled.

Chicago 52
article thumbnail

The importance of a unique learning experience

EHS Sustainability Knowledge at Work

Have you ever received workplace training that was irrelevant to your role? Each employee needs a different set of learning materials and requirements. As a learning administrator, you should have control over the types of learning your employees see. But manual assignments and tracking can be a waste of time. You need to create personalized learning paths and automatically push training out based on a variety of employee data points – time employed, job role, department, or anything you can pul

article thumbnail

3 Contract Management Security Risks to Prioritize

ProcurePort

We all know that the procurement business can be tough, and one of the toughest parts of it is recognizing the biggest security risks in contract management. Vendor contracts are a top priority for anyone in procurement. The trick is to avoid contract management security risks while providing the necessary level of transparency. Here’s what […].