MIT Supply Chain

FEBRUARY 3, 2022

by David Correll and Ken Cottrill A concept called “just transition” is cropping up in sustainability circles, and if it gains ground, it could become part of corporate pledges akin to those that commit companies to net-zero operations by a certain year. Such an outcome has significant implications for supply chain sustainability.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Green Corridor: The Circular Journey 3 conversations Needed for Asset Management in a Sustainable World by Timothy Foote, Founder of Susymbio Things degrade and deteriorate over time. Here is an example where one company’s waste becomes another company’s raw material. Human assets also change over time.

Optimal Sourcing 162

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. It provides for a sustainable future because the raw materials are not taken from finite natural resources. In the example of Crust Group, they do not have to buy raw materials from overseas.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Logistics Viewpoints

JUNE 6, 2022

Now, Oracle Transportation Management (OTM) allows cost and sustainability to be traded off. For example, Oracle is using average emission from a 5-ton truck, or a bulk tanker. Rich Kroes, Vice President of Global Sustainability at Oracle. Unilever is one of the world’s largest food manufacturers.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

Freightos

DECEMBER 4, 2015

The broader climate issue.and freight’s role. For example, only 1% of China’s 560 million city residents breathe air that is considered safe by the EU. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. kg of carbon emissions. This is a big deal.

Freight 120

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Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

Pollution and methods (to make bricks for example) are not generally in the picture – only the output. For example, the UN developed the “Human Development Index” which focuses on life expectancy and schooling in addition to per capita income of individuals. An example of this is what people do at the grocery store.

Negotiating Skills 261

Negotiating Skills Global Pricing Training Purchasing Training 261

Logistics Viewpoints

FEBRUARY 17, 2023

Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods. 9, according to Xeneta, a Norway-based transportation data firm, reflecting lower freight demand as retailers cut orders and consumer spending continues to decline.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 201

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2021

I must admit, new ideas on how to package anything more efficiently (and better yet, sustainably) is like catnip to me, a self-proclaimed tree-hugging logistics nerd. By making manufacturers responsible for the full life cycle of their products, they might be motivated to consider more sustainable material options in their manufacturing.

Singapore 246

Singapore Supply Chain Design Software Packaging Logistics Network Optimization Software 246

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. We are committed to preparing the supply chains of the future.

Resource Reduction 242

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The Logistics of Logistics

OCTOBER 30, 2023

The IAT strives to drive an effective, sustainable process to attack the biggest daily inventory optimization opportunities across complex teams with multiple sites. LeanDNA helps manufacturers to improve their supply chain efficiency and agility, while also reducing costs and improving customer satisfaction. The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

The Logistics & Supply Chain Management Society

MARCH 16, 2021

These are just some of the actions that move organizations toward sustainability. By recommending easily actionable solutions and motivating your employees and team members to adopt them are a great way to make them feel they play a part in your company’s overall sustainability journey. For this, I recommend doing a “Green” Gemba Walk.

Waste Reduction 246

Waste Reduction Cost Reduction Strategies Sustainability Singapore 246

Logistics Viewpoints

MAY 26, 2022

Finally, the growing urgency to address climate change, as well as social and economic inequities, are compelling higher urgency to accelerate sustainability initiatives within logistics networks and elsewhere. Their transportation networks are more diverse, in many cases aided by connections to digital freight marketplaces.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

However, there is one area that Asia could do better to show true global leadership: sustainable growth that respects the environment. In some cases, the counter-intuitive doubling down of investment, for example in coal-fired plants, is even encouraged and supported. Commentators and pundits often refer to this as the Asian Century.

Asia 245

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Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The International Post Corporation (IPC), found 44% of online shoppers have changed their purchasing behaviour to be more sustainable. There is a long way to go, particularly for brands whose products are shipped thousands of miles to reach overseas customers, requiring air freight transportation to keep within acceptable delivery times.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

DELMIA Quintiq

JUNE 5, 2023

Further electrification and decarbonization of power supplies can make rail an even more sustainable form of a mobility solution. For example, France recently signed into law a ban on short domestic flights, specifically targeting routes where alternative high-speed rail services are available.

Sourcing Strategies 156

Sourcing Strategies Optimal Sourcing Sustainability Cost Reduction Strategies 156

Freightos

JANUARY 12, 2016

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

Freight 102

Freight Industrial Industry Supply Chain Software 102

Logistics Viewpoints

MARCH 9, 2022

For example, retail has very specific needs depending on the products and the time for a slot to unload or load, while chemical companies have constraints such as what materials drivers can carry, what materials can be loaded or unloaded near other materials, and other regulations around the equipment that is used.

Optimal Sourcing 252

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 252

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Email Address. Plan effectively.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

Logistics Viewpoints

DECEMBER 1, 2023

million km) using battery-electric vehicles hauling customer freight. Schneider says it began running the trucks to haul customer freight in January. A few examples of funding supporting the meat and poultry industry include the following: Centrillium Protein LLC will purchase meat processing equipment with $15.1

Logistics Network Optimization Software 231

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The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

An example of an incremental change would be what Coca-Cola is doing for its plastic bottles. Tim Foote runs Susymbio, a boutique consulting firm advising on e-commerce logistics solutions and sustainability program management services.Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

BlueYonder

OCTOBER 5, 2023

From a sustainability angle, they are making labor more productive. For example, freight forwarders are extending their service offerings to include e-commerce fulfillment. Sustainability – LSPs need to have their own sustainability goals to demonstrate and report how they are supporting the goals of their customers.

Logistics Network Optimization Software 112

Logistics Network Optimization Software Logistics Supply Chain Software Inventory Reduction 112

GlobalTranz

APRIL 28, 2016

That's why it's vital for shippers to keep freight accounting best practices top of mind during this period of a slow-growing economy. What’s the Difference Between Freight Payment Processing and Freight Auditing? Freight payment processing is basically how a shipper can pay respective carriers for their services.

Cost Reduction Strategies 120

Cost Reduction Strategies Resource Reduction Price Reduction Freight 120

Logistics Viewpoints

DECEMBER 13, 2021

Sustained climate change could lead to a world in which almost all firms perform worse. We therefore consider both governance and sustainability issues and publish clear expectations of companies in the portfolio.”. Systemic risks are so large that virtually every firm will be negatively affected if that class of risk manifests itself.

Cost Reduction Strategies 188

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

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BlueYonder

APRIL 2, 2024

Our Customers Are Our First Priority Thanks to the strength of our TMS, our customers are achieving ambitious new customer-centric, sustainability, and efficiency goals in their operations. This year, we were recognized in both the Ability to Execute and the Completeness of Vision. Those savings and efficiencies have continued to grow.

Gartner 86

Gartner Supply Chain Planning Software Supply Chain Design Software Optimization Software 86

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ironically, it is developing nations that are at the forefront of efficient and sustainable healthcare UAV delivery. Singapore for example has allowed for delivery to ships in its waters. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Distribution 130

Distribution Rwanda Ghana Material Savings 130

The Logistics & Supply Chain Management Society

MAY 28, 2022

6 Shipping delays due to port congestion and shortage of containers, along with skyrocketing freight costs, were among other reasons for the company’s woes as it expects to close with an operating loss this financial year. CALISTA is a prime example of a supply chain orchestrator. BENEFITS OF HIGHLY INTEGRATED SUPPLY CHAINS.

Supply Chain Planning Software 245

Supply Chain Planning Software Predictive Analytics Software Demand Planning Software Logistics Network Optimization Software 245

Logility

OCTOBER 19, 2023

In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year. In doing so, organizations will reduce costs, optimize operational efficiency, promote sustainable practices, and ultimately contribute to bottom-line improvements.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Supply Chain Collaborator

AUGUST 15, 2017

Concerns about food safety and, perhaps more critically, sustainable food production are behind the Food Safety Modernization Act (FSMA) currently being implemented in the United States. How do supply chain technologies help achieve both safety and sustainability in our food supply?

Food 60

Food Sustainability Supply Chain Planning Software Optimization Software 60

Logistics Viewpoints

OCTOBER 11, 2021

The compliance function might roll up to quality, logistics, supply chain, or even to the chief sustainability officer. We’re also seeing a lot more organizations that are starting to weave concepts of sustainability into some of their compliance programs.” Perhaps the best example of this is Exxon Mobil.

SAP 194

SAP Vendor Strategies Material Savings Logistics Network Optimization Software 194

Supply Chain Game Changer

APRIL 25, 2019

The key to sustaining healthy 3PL relationships is very much dependent on the person that is given the role to manage the relationship with the 3PL service provider. Sustaining healthy 3PL relationships will require the customer to define the reporting format and establish the meeting schedule. Subscribe to Supply Chain Game Changer.

Negotiating Skills 67

Negotiating Skills 3PL Sustainability Buyer Training 67