Remove Freight Remove Global Transportation Remove Inventory Remove Transportation

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%. Capturing Freight Spend Visibility.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

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

4 Challenges in Global Transportation Management

3rdwave

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. Delivery Performance (across the global supply chain). However, where transportation management traditionally focused on the basics of moving “boxes” or “packages”, today it is much more strategic.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability. As a result, shippers must understand the transportation management challenges in e-commerce. Lowered freight spend.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many. Today, consumer expectations for next day (or even same day) delivery can place undue pressure on an organization’s inventory strategy and existing replenishment capabilities. That’s where air freight and third party logistics providers (3PLs)—like C.H.

Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

Omnichannel business models often lead to more complicated global supply chains. Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. Global shipments are exposed to multiple risks from a wide range of human and natural forces. Freight Services Global Forwarding Global Transportation Supply Chain

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many. Today, consumer expectations for next day (or even same day) delivery can place undue pressure on an organization’s inventory strategy and existing replenishment capabilities. That’s where air freight and third party logistics providers (3PLs)—like C.H.

Air Freight: Learning the Basics to Optimize Your Global Supply Chain

CH Robinson Transportfolio

What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Other benefits within your supply chain—from lower inventory carrying costs and the opportunity to capture market share—may offset the possibility of higher freight costs.

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

Various macro forces are redrawing the global trade map, and one of them is China’s revival of the ancient Silk Road trade route. For shippers large and small, the multi-billion-dollar infrastructural project could bring huge opportunities for improving the efficiency of global supply chains—providing they do their homework first. Here’s an overview of the global trade possibilities and potential for the “new Silk Road.”. Silk Road increases global logistics options.

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

Various macro forces are redrawing the global trade map, and one of them is China’s revival of the ancient Silk Road trade route. For shippers large and small, the multi-billion-dollar infrastructural project could bring huge opportunities for improving the efficiency of global supply chains—providing they do their homework first. Here’s an overview of the global trade possibilities and potential for the “new Silk Road.”. Silk Road increases global logistics options.

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. 3rdwave Transportation

3PL 52

Keeping Your Business on Track During the Coronavirus Outbreak

CH Robinson Transportfolio

The coronavirus outbreak has prompted an official global health emergency that is severely affecting business operations not only in China but also around the globe. With any kind of widespread health outbreak, global importers and exporters are dealing with unpredictable logistics concerns that require a proactive approach to keep business running as usual. . Assessment of inventory levels. How are existing inventories compared to sales projections?

China 50

The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

Have you ever considered changing your traditional mode of transportation? Now is the time to utilize all modes of transportation in the most efficient way possible. Chongqing-Duisburg, and Zhengzhou-Hamburg to serve global electronic and automotive companies. In addition, thanks to subsidies from the Chinese government, rates for rail service between Europe and Asia have dropped significantly, making it a cost-effective option to transport goods. Global connectivity.

Asia 47

Global Trends Podcast Discusses Today’s Challenges

CH Robinson Transportfolio

Tariffs are the hot topic today, but there are a few other conditions causing challenges for today’s global supply chain professionals. Recently, I had the chance to talk with Eric Kleinsorge, publisher of Global Trade Magazine for a GT Podcast titled Global Logistics & Current Market Trends. Air freight typically starts to get a little tighter towards the end of September going into October due to Chinese New Year.

The Influence of IoT: How it’s Transforming Global Logistics

CH Robinson Transportfolio

The Influence of IoT: How it’s Transforming Global Logistics|Transportfolio. More specifically, it’s impacting the logistics world and global supply chains. Companies can keep less inventory on hand and more in motion if their supply chain network can reflect accurate product locations and specifications. We recently released the Navisphere Driver App in Europe to help surface transportation companies prepare for this critical transformation.

3 Benefits of LCL Shipping

CH Robinson Transportfolio

One way global shippers can deal with tight transit times and fast changes in demand is to keep a lot more inventory on hand. You can use less than container load (LCL), which enables you to ship more frequently and still lower inventory costs. LCL offers consistent weekly sailing schedules for ocean freight. You can save not only on the inventory itself, but also on warehousing costs. 3 Benefits of LCL Shipping | Transportfolio.

Three Questions: Your Key to Saving in Global Forwarding

CH Robinson Transportfolio

Three Questions: Your Key to Saving in Global Forwarding | Transportfolio. Want a quick “win” in global forwarding costs? The third party logistics (3PL) provider you choose with LCL capabilities will combine complementary freight from multiple shippers into a single container. The idea is to use as much of the available space as possible before the ocean vessel cutoff for freight. Do you have global coverage and LCL capabilities to provide flexibility?

Cargo 34

Market Update: Transportation Industry News

CH Robinson Transportfolio

This month’s Market Update highlights some of the key factors that impact the transportation industry in North America, including the most recent Shippers Conditions Index (SCI) reading, which shows signs of improvement in overall market conditions. Read on for more on influencers impacting the transportation industry, and then share your thoughts on these topics. The post Market Update: Transportation Industry News appeared first on Transportfolio.

6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

It becomes imperative that your service provider has the ability to effectively load every import container with domestic freight or exports to help ensure efficiencies, reduce carbon footprint, and create collaborative value to the ocean carriers. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options. Freight Services Global Transportation Logistics Supply Chain Supply Chain Consulting

New Panama Canal Options: Running the Numbers with a TMS

TMC

These enterprises are no longer reliant on the Suez Canal route for shipping freight on Post-Panamax container vessels to the United States. A transportation management system (TMS) can help shippers weigh the pros and cons of each option. For example, a higher cost could be part of a strategy to win market share and align product transportation with that mission. The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo.

Uncertainty in Today’s Air Freight Market: What it Means for You

CH Robinson Transportfolio

The cyclical nature of air freight. Air freight service predictably follows the law of supply and demand. New disruptors to the air freight market. But demand for air freight shifted significantly when enough shippers preemptively repositioned inventory prior to the June 1, 2019, deadline. With the growth of ecommerce and high-tech products flooding our markets, air freight is quickly becoming the go-to mode of transportation for many shippers—any time of year.

3 Ways El Niño Could Impact Your Supply Chain and What You Can Do about It

CH Robinson Transportfolio

Mode of Transportation. Often we see a snowball effect by mode of transportation. When truck capacity gets tight, shippers switch to less than truckload (LTL), and when that fails they move to air freight and charters. Globally, it’s the same thing; when ocean shipments are consistently delayed, shippers will switch to air shipping in order to keep inventory in stock and shelves full. Your transportation budget starts to break down.

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

It adds efficiency and flexibility to your supply chain and better equips you to quickly replenish inventory throughout the holiday shopping season as consumers sweep through aisles or fill their online shopping carts. When you’re evaluating the costs of air cargo , freight is only one component of the equation. Those services may not be top of mind when considering freight options, but they move in concert with the speed of freight and are key to ensuring on time delivery.

Cargo 43

Moving Auto Components in India: More Complex than You’d Expect

CH Robinson Transportfolio

As much as those in the auto component industry embrace this opportunity, they still have to navigate through several challenges when manufacturing in India, and one of those challenges is transportation. In the long term, that customer has achieved better inventory carrying costs, a reduction in air freight because they no longer fell behind schedule as regularly, and they increased customer confidence as a supplier who can meet and exceed delivery expectations.

India 51

#1 Way to Save on Global Forwarding

CH Robinson Transportfolio

Want a quick “win” in global forwarding costs? The third party logistics (3PL) provider you choose with LCL capabilities will combine complementary freight from multiple shippers into a single container. The idea is to use as much of the available space as possible before the ocean vessel cutoff for freight. The process of cargo consolidation results in better freight rates for you, and better cargo security measures.

What’s Your Plan if There’s a West Coast Port Strike?

CH Robinson Transportfolio

Consider moving critical products via air freight and/or using a sea-air option to minimize the impact of increased costs. Communicate with the destination distribution centers and warehouses to ensure they have the ability to plan and receive the additional inventory. Be prepared to consider multiple means of transportation, utilizing truck and intermodal as needed to keep products moving. Global Transportation Supply Chain Global Shipping ILWU PMA Port Strike Supply Chain

How to Optimize Global Demand Fulfillment

3rdwave

Global transportation is the nexus through which all related international transportation information flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility. Optimized demand fulfillment is defined by the success in getting the right product, to the right destination at the right time with minimized safety inventory.

The Business Case for a Global TMS

3rdwave

Managing global freight is ladened with challenges. Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. The major benefits that global TMS provide a company are operational, management, and “C”-level control.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Before we get into blockchain’s potential entry points into the supply chain ecosystem, let’s take a look at the two current trends in SCM *(Supply Chain Management): Dynamism SCM has evolved to become a huge, global ecosystem. These complexities, layered with globalization, shorter product life cycles , and associated volatility in demand planning, has produced the most dynamic supply chain landscape we have ever experienced. from the global economy by 2022.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Thus, going into 2019, with high inventories on imports, carriers have shown more discipline in controlling capacity than ever before. Higher inventories to avoid tariffs. Look for a market leader in global trade lanes, like C.H.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

With the availability of the CMR-6100 and ZEST Data Services, Intelleflex continues to develop new solutions that can help reduce staggering losses in global supply chains totaling over $35 billion in perishable foods1 and $5.4 To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products.

What If Your Supply Chain Had A Control Tower?

Freightos

In an more volatile global business environment, supply chain managers simply need to optimize efficiency. The idea of a supply chain control tower emerged in 1990’s, triggered by the need to view and control the movement of goods in factories, distribution centers and pipeline inventories. Outcomes include increased responsiveness, shorter lead times, reduced transportation costs, and increased flexibility in supply chain operations. Live market freight rates?