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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Reuters Events: Supply Chain in conversation with XPO CIO Mario Harik

EFT

Alex HadwickEditor-in-Chief for Supply Chains, Reuters Events, sat down with the Chief Information Officer of logistics giant XPO, Mario Harik, to see how the company is evolving its technology platform and responding to COVID-19.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

10 Tips To Be A Successful Freight Broker!

Supply Chain Game Changer

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Licensed freight brokers operate around the country in various markets, helping make the transport of goods a reality for their customers. Currently, more than 17,000 freight brokers work in the United States, either as independent businesses or as part of a team. However, not all freight brokers experience the same degree of success in their profession. The post 10 Tips To Be A Successful Freight Broker!

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

When these events happen, shippers are forced to execute emergency contingency plans and decisions, or manage as best they can if they don’t have a plan or have opted for a wait-and-see strategy. The responses can be very expensive since, in many cases, the last recourse is to expedite via air freight. In these cases, it is critically important that the shipper has accurate, timely information on the status of their freight and the nature of the disruption.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report.

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. Check out our roundup of nearly 100 digital logistics/supply chain sources. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. Overcapacity has plunged freight rates, profit, and prompted mergers. We researched Thanksgiving and the role freight shipping plays in holiday shipping, especially Black Friday.

6 Major Delivery Logistics Trends!

Supply Chain Game Changer

2017 was an important year for delivery logistics. From restaurant chains to supermarkets to pharmacies to service providers, the world of logistics is experiencing unprecedented change. These are some of the key industry trends in delivery logistics and supply chain management which will take center stage in the upcoming year: 1. Sharing economy solutions will soon begin disrupting logistics services. SCM #SupplyChain #Logistics #Freight #ECommerce #Business.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Organiser: Clarion Events. Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning. Logistics

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics is a “pay-per-use” model. Logistics

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. This is where Blockchain is ready to transform the way the supply chain and logistics industry works. Blockchain is a distributed database that contains records of events in continuity which can be assessed and inspected by users. How will blockchain impact freight forwarding? appeared first on 20Cube Logistics.

Customer Experience in Logistics: 4 Key Areas to Lay the Foundation

Cerasis

This new-found appreciation for what customers experience in logistics is leading companies to compete for market share through a variety of novel methods. Thus far, the logistics industry lags behind this trend but appears poised to catch up in coming years. Logistics providers can no longer afford to ignore these requirements. To make things more challenging, many of these interactions are in already stressed circumstances such as in the event of a freight claim.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

And that is why on November 3, together with my Logistics Leaders for T1D Cure teammates, I will be riding 100 miles in support of JDRF to help us find a cure. So, I have a small ask: It doesn’t cost you anything to access the posts and videos we publish on Talking Logistics, thanks to our sponsors. Now, here’s the supply chain and logistics news that caught my attention this week: U.S. E2open Acquires Transportation Management Systems Provider Cloud Logistics.

China-Europe rail freight up 47%

EFT

Intercontinental freight travelling between China and Europe has increased dramatically as a result of COVID-19 disruptions. Blank sailings by major cargo lines to support fragile shipping rates and a mass cull of air freight capacity, as commercial airlines stopped flying, created major headaches for many supply chains, particularly for those trying to ship time-sensitive loads.

How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. But as with most events, the host may experience some hiccups along the way. And it is when that shipment does not arrive in its best condition that shippers experience the reverse logistics process.

Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. According to McKendrick , blockchain automates the invoicing process, eliminating errors that affect up to 10 percent of all freight invoices. Blockchain Logistics Supply Chain

SAP and Uber Freight announce link-up

EFT

SAP SE (NYSE: SAP ) and Uber Freight today announced that Uber Freight will be integrated into SAP® Logistics Business Network. This will let customers access transportation rates from Uber's digitally activated carrier network, gain real-time quotes and book freight capacity. This is an industry-first integration for Uber Freight.

This Week in Logistics News (April 27 – May 1, 2015)

Talking Logistics

Moving on to the supply chain and logistics news that caught my attention this week… XPO Logistics to Acquire Norbert Dentressangle SA. Latest Versions of SAP® Transportation Management, SAP Extended Warehouse Management and SAP Event Management Now Available. Fetch Robotics Unveils Robotics System for Logistics Industry. UPS Freight Adds LNG Tractors. Norbert Dentressangle has leading capabilities in high-growth reverse logistics.

Eight Key Takeaways From FreighTech 2018:TLV

Freightos

This week, Freightos hosted over forty logistics and innovation executives for FreighTech 2018, a symposium dedicated to discussing challenges and opportunities in the industry. The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight is cool again.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy.

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A Carmack Amendment Refresher: Understanding How It Applies to Freight Loss Claims

Cerasis

In 1935, Congress passed legislation to help prevent carriers from being subject to unqualified cases of fraud and freight loss claims. Now, this is not to say that carriers employing unsafe drivers or other possible sources of negligence get a free pass on damage claims. Carriers also have a duty to actively reduce their level of negligence as defined by the Carmack Amendment, reports Lisa Terry of Inbound Logistics. When Is a Carrier Not Responsible For Freight Damage?

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

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. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? SMEs find it hard to identify and engage suitable logistics partners. Logistics providers, in general, are slow to respond to the needs of SMEs.

This Week in Logistics News (July 13-17, 2015)

Talking Logistics

The car itself didn’t create many memories, but it brought us back and forth from the places and events that did. Now, this week’s supply chain and logistics news, which was dominated by transportation-related items: Are Imports Moving to the East Coast? Cass Freight Index June 2015 Report. And here’s a chart they included in the post: Source: [link]. Or is it due to a temporary slowdown in freight movements in the quarter? My 15 year old Subaru has a parasite.

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Redefining Logistics Management in a Digital World

Talking Logistics

While historically it has been far more common to see medium-sized and large organizations embracing technology to manage their freight activities, today more logistics operations of all sizes are increasing their adoption of tools and technology to solve business problems. To remain competitive and keep up with the rapid pace of the transportation industry, logistics managers should be increasingly aware of new, emerging trends and understand their value.

The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented. The tech is using data to its full potential to better anticipate events, avoid risks and create solutions. Subscribe Here! Email Address.

Mitigate Logistics Disruptions Due to COVID-19

Transplace

Mitigate Logistics Disruptions Due to COVID-19. By actively monitoring unforeseen events like global pandemics and natural disasters in real-time, Transplace uses our advanced technology to report on supply chain vulnerabilities and disruptions in shipments, allowing shippers to make decisions quickly and efficiently. Our leading-edge Public Tracking Portal and Control Tower offer an intuitive dashboard providing real-time logistic intelligence.

This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Back at work, getting caught up on all of the supply chain and logistics news from the past two weeks. More than 154 million shipping events have been captured on the platform, including data such as arrival times of vessels and container “gate-in”, and documents such as customs releases, commercial invoices and bills of lading. This data is growing at a rate of close to one million events per day. I’m back from vacation. Well, back physically.

Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Recent developments in freight digitization are simplifying the shipping process and giving visibility to freight pricing enabling small players to handle the logistics side of their business more easily, transparently and efficiently. million freight containers each year.

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. Rietdijk, SVP Global Sourcing – Vestas. What service levels can be realistically expected and how to manage reliability in such a fragment road freight market? Rietdijk, SVP Global Sourcing – Vestas. Freight forwarding specifics to China. Guillaume Burette, General Manager Logistics – DSV China. Events 3PL A.

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This Week in Logistics News (July 6-10, 2015)

Talking Logistics

Now, for this week’s supply chain and logistics news that caught my attention: JDA Unleashes Powerful New Capabilities to Enable the Seamless Supply Chain. Flextronics Unveils Flex Pulse™ — A Software-Based, Real Time, Comprehensive Mobile View Into Supply Chain Events. May 2015 Freight Transportation Services Index (TSI). “We live in a rapidly changing world, full of disruptive events, technologies and business models,” said Mike McNamara, Flextronics CEO.

This Week in Logistics News (October 29 – November 2, 2018)

Talking Logistics

As you read this, I’ll be doing a short tune-up ride in preparation for tomorrow’s JDRF Ride to Cure cycling event. In the meantime, here’s the supply chain and logistics news that caught my attention this week, dominated by delivery and robots: Same-day delivery company Deliv raises $40 million in latest funding round (Reuters). UPS Tells Shippers to Prepare for Freight Strike (WSJ – sub. I’m in beautiful Santa Fe, New Mexico this morning.

6 Best Practices for Third-Party Logistics Companies to Differentiate From Competitors

Turvo

Finding a way to make third-party logistics companies stand apart from their competitors is like finding a needle in a haystack. Fortunately, third-party logistics providers (3PLs) can successfully add to their own value proposition by understanding the challenges in building a unique value proposition, how collaboration empowers 3PLs to stay proactive with customers to provide a better experience, and a few best practices to help 3PLs stand apart from competitors.

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

In addition, with 80% of global car production requiring parts from China, the shutdown made it difficult for global vehicle makers within China and elsewhere around the world to source parts required for building cars. Because of the unevenness and uncertainty in sourcing parts, transportation capacity and warehousing availability, the use of 4PLs will increase. CEVA Logistics AG was appointed by General Motors, to manage its ventilator production supply chain.