INDUSTRY INSIGHTS YOUR PEERS ARE READING
Today’s driver shortage is helping to drive transportation costs higher. Numerous aspects involving shipping information create longer wait times at plants and distribution centers. As the chart indicates, truck transport costs rose sharply in 2017 and aren’t slowing down. MORE
Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. TMS has become an indispensable tool in a growingly competitive and complex transportation landscape. MORE
10 Inventory Management Strategies to Transform Your Business. As balance sheet assets go, inventory is often the largest item. Getting inventory levels right is a challenge. Managers face the challenge of implementing effective inventory management strategies. MORE
Simply put, AR utilizes technology to provide additional insights and abilities in the real world, with one example being the Google Translate app’s ability to take a picture of text in many languages and then immediately translate it for you onscreen. MORE
Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. These attitudes often stand between you and your inventory management goals. MORE
There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air transport ais a vital part of international commerce. MORE
The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. As applied to transportation management, that automated decision-making ability is critical. MORE
No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books. Automate Inventory Control to Reduce Errors. MORE
One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation. MORE
With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. During the third quarter of 2018, for example, 61.5 companies are so inundated with inventory that some are renting truck trailers to use for storage space,” Erica E. MORE
Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Inventory cost is defined as the cost of holding goods in stock. MORE
A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Example: 40 on time shipments divided by 43 total shipments equals 93% on-time performance. Example: 112 damage free shipments divided by 113 total shipments equals 99.1% Example: 61 correct bills divided by 64 total bills equals 95% billing accuracy. Example: $507.34 The KPI information should be sorted by the carriers used. MORE
What is vendor-managed inventory? VMI is the process whereby a supplier or vendor manages and replenishes inventory at a customer’s location at the levels required by the customer. The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor. MORE
While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. In Table 1, I share examples. MORE
Is ocean transportation a commodity? In trucking, for example, shippers and core carriers enter into strategic relationships to increase efficiency on a number of fronts. No shipper wants to pay more for ocean transportation than their competitors. MORE
The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time. Share information, to increase visibility and responsiveness of all parties involved. MORE
Here are some examples: Disruption. For example, Friday, I spent an hour on the phone with Bonvoy (the new Marriott branding) to get disconnected three times. Instead, planning is a series of optimization engines focused on improving pockets of information within organizational silos. MORE
Everything about Apple Inc is the talk of the town, for example, the new Ipad, Iphone, Apple Map or even the environmental and labor issues at its suppliers facilities. Information about Apple Supply Chain is a bit here, there and everywhere, its kinda tough to find the actual case study. MORE
Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Warehouses should also consider implementing these best practices to ensure effective warehouse management and maintain control and flow of inventory. MORE
Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents. MORE
Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. In our predictions’ blog post from earlier this year, we noted how customization will begin to replace traditional inventory management, and essentially, customization goes back to using computer analytics to generate a more accurate, successful view of inventory management. MORE
The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. A great example of collaboration in practice. MORE
The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. Subscribe Here! Email Address. MORE
Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. We never ran out of or had too much inventory. MORE
Is this true for your in-house transportation management department? Why would you hand over your transportation management to someone else? There are viable reasons to outsource the system, people, or both; for example, your transportation requirements are not unique enough to staff a full department. Other segments in your business could be outsourced, but a core function like transportation planning within your supply chain might not be one of them. MORE
A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Shippers might use the following logistics KPIs: transportation cost per unit sold, total logistics cost as a percentage of sales, on time delivery, cost per pound, etc. I am the GM of a 3PL that specializes in ground transportation (LTL, FT, small package, etc.) Click on the links below for additional information on the LTL KPI’s that I use. MORE
The days of managing supply chains through databases and changing information are over. Examples of Real-World Use of Blockchain in Supply Chain & Logistics Some examples of application and use of blockchain in supply chain and logistics, reports DHL , include: Citizen Services – Blockchain technology can be used to verify the identity of individuals, and it is already in use by ID2020, helping those without access to a physical form of identification to verify their identity. MORE
Every transportation firm sees the utility of having a transportation management plan. It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Thus, it becomes inevitable for transport companies to devise a transportation management plan that factors in all these variables. The Freight & Transportation Management Trends to Know in 2018. MORE
Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. There are many benefits that accompany the use of transport and logistics providers and their TMS systems. MORE
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why MORE
Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management? MORE
Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Unfortunately, the information is not always clear, and figuring out if the investment into a TMS is worth it can be even more frustrating. Let’s take a closer look at how Transportation Management System ROI actively strengthens supply chains. MORE
In fact, a recent survey of economic experts, reports Jeff Wacker of Retail TouchPoints, found up to 59 percent of retailers are making plans to invest in technology, which includes inventory tracking technology. Inventory Tracking Technology Leverages Internal and External Real-Time Data. MORE
The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward. MORE
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time. MORE
With the rising cost of transportation, companies are desperately vying to look for an efficient systems and processes that make their teams more productive. Blog Logistics Outsourcing Transportation Technology MORE
Examples Information Inventory Transportation 
4WL Consulting
MAY 27, 2015
With the rising cost of transportation, companies are desperately vying to look for an efficient systems and processes that make their teams more productive. Blog Logistics Outsourcing Transportation Technology
Cerasis
JULY 30, 2018
The days of managing supply chains through databases and changing information are over. Examples of Real-World Use of Blockchain in Supply Chain & Logistics Some examples of application and use of blockchain in supply chain and logistics, reports DHL , include: Citizen Services – Blockchain technology can be used to verify the identity of individuals, and it is already in use by ID2020, helping those without access to a physical form of identification to verify their identity.
Talking Logistics
JANUARY 9, 2019
With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. During the third quarter of 2018, for example, 61.5 companies are so inundated with inventory that some are renting truck trailers to use for storage space,” Erica E.
Talking Logistics
OCTOBER 15, 2018
The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.
Cerasis
NOVEMBER 13, 2017
The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. As applied to transportation management, that automated decision-making ability is critical.
Cerasis
NOVEMBER 3, 2015
Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Warehouses should also consider implementing these best practices to ensure effective warehouse management and maintain control and flow of inventory.
|
Cerasis
MAY 21, 2015
One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.
Cerasis
FEBRUARY 2, 2015
Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. We never ran out of or had too much inventory.
Cerasis
OCTOBER 25, 2017
In fact, a recent survey of economic experts, reports Jeff Wacker of Retail TouchPoints, found up to 59 percent of retailers are making plans to invest in technology, which includes inventory tracking technology. Inventory Tracking Technology Leverages Internal and External Real-Time Data.
The Logistics of Logistics
MAY 6, 2013
There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air transport ais a vital part of international commerce.
Cerasis
AUGUST 9, 2016
For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.
|
Cerasis
JANUARY 26, 2018
No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books. Automate Inventory Control to Reduce Errors.
Cerasis
DECEMBER 11, 2014
Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents.
Cerasis
MAY 25, 2018
The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time. Share information, to increase visibility and responsiveness of all parties involved.
Talking Logistics
JULY 17, 2014
Is this true for your in-house transportation management department? Why would you hand over your transportation management to someone else? There are viable reasons to outsource the system, people, or both; for example, your transportation requirements are not unique enough to staff a full department. Other segments in your business could be outsourced, but a core function like transportation planning within your supply chain might not be one of them.
Cerasis
MAY 2, 2017
Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. In our predictions’ blog post from earlier this year, we noted how customization will begin to replace traditional inventory management, and essentially, customization goes back to using computer analytics to generate a more accurate, successful view of inventory management.
Supply Chain Opz
NOVEMBER 30, 2015
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why
Supply Chain Opz
JANUARY 7, 2013
Everything about Apple Inc is the talk of the town, for example, the new Ipad, Iphone, Apple Map or even the environmental and labor issues at its suppliers facilities. Information about Apple Supply Chain is a bit here, there and everywhere, its kinda tough to find the actual case study.
Cerasis
FEBRUARY 17, 2016
Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Inventory cost is defined as the cost of holding goods in stock.
Cerasis
APRIL 25, 2017
Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?
Cerasis
APRIL 21, 2017
Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Unfortunately, the information is not always clear, and figuring out if the investment into a TMS is worth it can be even more frustrating. Let’s take a closer look at how Transportation Management System ROI actively strengthens supply chains.
Savi
FEBRUARY 5, 2019
Today’s driver shortage is helping to drive transportation costs higher. Numerous aspects involving shipping information create longer wait times at plants and distribution centers. As the chart indicates, truck transport costs rose sharply in 2017 and aren’t slowing down.
Supply Chain Shaman
MAY 30, 2019
Here are some examples: Disruption. For example, Friday, I spent an hour on the phone with Bonvoy (the new Marriott branding) to get disconnected three times. Instead, planning is a series of optimization engines focused on improving pockets of information within organizational silos.
Supply Chain Shaman
MARCH 5, 2019
While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. In Table 1, I share examples.
Supply Chain @ MIT
MAY 16, 2013
Inventory mismanagement. Ingrained attitudes can block better inventory practices. Depending on which corporate silo you belong to, inventory can be a liability, an asset, or something in between. These attitudes often stand between you and your inventory management goals.
My Office Apps
SEPTEMBER 30, 2018
10 Inventory Management Strategies to Transform Your Business. As balance sheet assets go, inventory is often the largest item. Getting inventory levels right is a challenge. Managers face the challenge of implementing effective inventory management strategies.
Cerasis
AUGUST 29, 2016
Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. There are many benefits that accompany the use of transport and logistics providers and their TMS systems.
Supply Chain Game Changer
NOVEMBER 13, 2018
The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. Subscribe Here! Email Address.
Abivin
MARCH 6, 2019
Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. TMS has become an indispensable tool in a growingly competitive and complex transportation landscape.
Supply Chain @ MIT
APRIL 23, 2013
Is ocean transportation a commodity? In trucking, for example, shippers and core carriers enter into strategic relationships to increase efficiency on a number of fronts. No shipper wants to pay more for ocean transportation than their competitors.
Supply Chain Network
MARCH 22, 2018
Simply put, AR utilizes technology to provide additional insights and abilities in the real world, with one example being the Google Translate app’s ability to take a picture of text in many languages and then immediately translate it for you onscreen.
The Logistics of Logistics
JANUARY 24, 2013
A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Shippers might use the following logistics KPIs: transportation cost per unit sold, total logistics cost as a percentage of sales, on time delivery, cost per pound, etc. I am the GM of a 3PL that specializes in ground transportation (LTL, FT, small package, etc.) Click on the links below for additional information on the LTL KPI’s that I use.
BluJay Solutions
MARCH 28, 2014
The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. A great example of collaboration in practice.
Cerasis
MAY 31, 2018
Every transportation firm sees the utility of having a transportation management plan. It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Thus, it becomes inevitable for transport companies to devise a transportation management plan that factors in all these variables. The Freight & Transportation Management Trends to Know in 2018.
The Logistics of Logistics
FEBRUARY 22, 2013
A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Example: 40 on time shipments divided by 43 total shipments equals 93% on-time performance. Example: 112 damage free shipments divided by 113 total shipments equals 99.1% Example: 61 correct bills divided by 64 total bills equals 95% billing accuracy. Example: $507.34 The KPI information should be sorted by the carriers used.
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