Wed.Sep 14, 2022

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When is Expedited shipping better/faster/cheaper?

CargoBarn

In April 1973, Federal Express delivered 186 packages from Memphis’ airport to 25 U.S. cities overnight, starting a transport revolution. Now, overnight delivery and Expedited shipping have become standard practice. Some call it the “Amazon-ification of product delivery,” meaning faster is no longer an extra cost – it’s the cost of doing business. But WHEN is that cost justified?

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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Uncertainty became the byword. Freight professionals – whether at freight forwarders, BCOs or carriers – were left wondering what tomorrow would bring.

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Customer Experience and the Supply Chain

Enterra Insights

In both the physical and online retail space, customer experience is crucial for fostering good will and repeat business. Customer experience expert Sven Esser ( @SvenEsser ) explains, “The objective of enabling a positive customer experience is to increase customer loyalty and satisfaction, which can help generate sustainable growth.”[1] What is often overlooked in the pursuit of better customer experiences is how those experiences can be affected by supply chain operations.

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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. 14th September, Redwood City, CA – Research from Ivalua, a leading global spend management cloud provider , has revealed that almost two-thirds (64%) of surveyed procurement decision-makers say their organizations ensuring supply continuity has increased in priority since the pandemic, with

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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

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How to Mitigate the Bullwhip Effect in Today’s Market

Arkieva

One flick of the wrist triggers a wave of disruption that grows the deeper it penetrates the supply chain. This blog explains the bullwhip effect, how the pandemic exacerbated it and tips on how to mitigate the effect. How to Mitigate the Bullwhip Effect in Today’s Market was first posted on September 13, 2022 at 8:04 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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The FBI warns of vulnerabilities in medical devices

IT Supply Chain

By Todd Carroll (pictured). CISO at CybelAngel. The post The FBI warns of vulnerabilities in medical devices appeared first on IT Supply Chain.

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Comprehending the Objectives of Digital Currency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Are Cryptocurrencies Important? A sort of money that users can only obtain digitally or electronically is known as crypto assets. Other names include cybercast, virtual currencies, and financial technology. While discussing the objectives of digital currency, we also need to read online which countries have successfully positioned cryptocurrencies.

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Think Again – The Interim Model May Be Best

IT Supply Chain

By Leigh Anderson (pictured). Managing Director at Bis Henderson Recruitment. The post Think Again – The Interim Model May Be Best appeared first on IT Supply Chain.

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REDCON1 Chooses Stord as its Fulfillment Partner to Support its Hypergrowth

Stord

REDCON1, the fastest-growing sports nutrition brand, has partnered with Stord, the Cloud Supply Chain leader, to unlock faster, more efficient logistics.

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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.

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The FBI on medical devices

IT Supply Chain

By Raj Samani (pictured). SVP Chief Scientist at Rapid7. The post The FBI on medical devices appeared first on IT Supply Chain.

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Warehouse management systems (WMS) and their role in resilient supply chains

EazyStock

Since the effects of the Coronavirus pandemic hit businesses across the globe, supply chain digitalization has moved to the top of many boardroom agendas. As companies look to build resilient supply chains, they are turning to technology to mitigate the impact of future disruption. Many companies have invested in digital business systems, such as modern warehouse management systems (WMS), enterprise resource planning (ERP) systems, and artificial intelligence.

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Why Businesses are Missing Out on its Cost To Serve

Logistics Bureau

In this video, Rob shares what he thinks are some of the reasons that businesses are nervous about carrying out Cost to Serve checks on their Supply Chains. ?. Related articles on this topic have appeared throughout our website, check them out: Cost to Serve – A Smarter Way to Improved Supply Chain Profitability. Cost to Serve at a Glance: 9 Steps to Success & 5 Mistakes to Avoid.

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How 3PL Transportation Services Can Save You Time, Money, and Resources

BR Williams Supply Chain Management

Financial times are challenging for most businesses in today’s economic landscape. Business owners and managers are facing difficult decisions concerning where to cut spending while trying to maintain the same quality and service levels that their customers expect – or better. Saving your precious time, money, and resources is necessary, but how do you know where to make the suitable adjustments?

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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.

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What are the Five Components of Retail Supply Chain Management?

Vinculum

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. Effective implementation of supply chain management helps to differentiate various terms of delivery along with the service offerings. It is vital for optimizing customer service and maintaining the cost of goods.

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Making The Case for an AI-Driven Transportation Management Software

ThroughPut

Making The Case for an AI-Driven Transportation Management Software . Transportation and logistics management in mid to large scale companies essentially translates into specific time driven outcomes – We are talking about the speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. This speed can essentially mean greater revenue, lesser operational spend and higher logistics efficiencies.

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International Day of Charity: Why Charitable Work Matters

BlueYonder

The annual International Day of Charity is observed on the 5 th of September. The prime purpose of the day is to raise awareness and provide a common platform for charity-related activities all over the world. The day serves as a reminder that simple acts of charity can alleviate the worst effects of humanitarian crises and create more inclusive and resilient societies.

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Watch: How Can Supply Chains Become Sustainable and Transparent?

Supply Chain Brain

Sustainability and transparency are different things, but they go hand in hand, says Jamie Barsimantov, chief strategy officer at SupplyShift.

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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.

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Supply Chain News on Understanding the Gartner WMS Critical Capabilities Report

Supply Chain Digest

WMS Vendors Ranked across Nine Functional Attributes and Stratified by Gartner Warehouse Complexity Framework

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Ask Not What Will Happen In the Transportation Market Next Year

Talking Logistics

What do you think is going to happen in the transportation market next year? I get asked that question a lot this time of the year. It happened at dinner this past Monday night at the Deliver 2022 conference. My answer is always the same: I have no idea. Neither does anybody else, at least. Read more Ask Not What Will Happen In the Transportation Market Next Year.

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Global Supply Chain News on Ocean Carrier Profits to Tank in 2024, but Should Avoid Crushing Losses

Supply Chain Digest

Bank HSBC Sees 80 Percent Fall in Profits after Two Boon Years

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U.S. Railroad Workers Prepare for Strike as Rail Companies See Record Profits

Supply Chain Brain

A strike — the first since 1992 —. could cost the U.S. economy $2bn a day, according to a recently issued Association of American Railroads report, and workers say they will quit an industry already facing staff shortages.

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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.

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Made in America – an interview with Jane Barratt

Axway

The following article is an adapted transcript based on the audio recording of Season 3, Episode 5 of the Mr. Open Banking podcast. The audio version is available here.

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Biden Signs Order to Boost Bio-Manufacturing, Compete with China

Supply Chain Brain

President Joe Biden signed an executive order laying out a strategy to bolster domestic bio-manufacturing and reduce reliance on China for new medicines, chemicals and other products.

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You Didn’t Know These 7 Steps of an Effective Purchasing System

ProcurePort

• Purchasing is the lifeblood of any functional business organization. Organizations must procure from internal and external suppliers to operate fluidly and optimize performance. • Organizations are also looking at how they can leverage globalization by deploying software, systems, and technologies that help them collaborate with strategic vendors. • Working with local suppliers at grass […].

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Three Risks for Procurement — And What to Do About Them

Supply Chain Brain

What are the biggest risks procurement teams need to account for in the immediate future, and how can they mitigate them?

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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.

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MassRobotics AMR Interoperability – Version 2.0

Logistics Viewpoints

MASSROBOTICS hosted a meeting on September 8 to discuss the proposed scope for version 2 of its AMR Interoperability Standard. Version 1.0 of the MassRobotics Interoperability Standard was launched in May 2021. The first version was developed to allow autonomous vehicles of different types to share information about their location, speed, direction, health, tasking/availability, and other performance characteristics with similar vehicles so they can better coexist on a warehouse or factory floor

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Germany Sells Full Stake in Lufthansa at $760 Million Profit

Supply Chain Brain

Germany raised 760 million euros ($760 million) from the sale of the state’s full stake in Deutsche Lufthansa AG, unwinding all of the holding it took to keep the flagship carrier afloat during COVID-19 lock-downs.

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7 Reasons to Automate Accounts Payable!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Best Practices for Accounts Receivable and Accounts Payable! A lot of the problems, issues, and mistakes that happen in accounts payable can be handled through automation. AP is essential for maintaining strong relationships with vendors and a positive cash flow which is why you should automate Accounts Payable.