Remove Eliminating Excel in Purchasing Remove Procurement Solutions Remove Rail Software
article thumbnail

Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Management of Ocean Transit Time Reliability and Visibility by LSCMS Shippers’ Council How would Logistics managers explain to their COO and Production group that inbound material will arrive on 23Dec but with 50% probability? What is supply chain visibility and why it is important? 2022 ocean schedule reliability dropped to 30%.

article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Implementing tracking technologies such as barcodes, RFID, and blockchain provides granular data that enhances both forecasting capabilities and overall supply chain visibility. An excellent example of optimizing inventory is Zara. Cloud-based platforms improve accessibility and enable better collaboration across teams.

article thumbnail

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. . We have built a system to track orders that are on the way to a customer.

article thumbnail

How to Manage Supply Chains as a Manufacturer with Automation and AI

Locus Robotics

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

article thumbnail

Freeports: The 2022 Guide

Unleashed

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. They will also be offered temporary tax breaks, including reductions to taxes on property and new building purchases. In this 2022 guide to freeports: What is a freeport?

article thumbnail

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These advancements are accelerating thanks to better tools that were created in 2018.