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.

How to Reduce Product Damage During Shipping

Cerasis

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .

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How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. When you break it down, Jeff Bezos figured out how to do three seemingly contradictory things at once: deliver exceptional service levels, at the lowest cost possible, and manage complexity.

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How to Thrive in the Upcoming Holiday Capacity Crunch

MercuryGate

The holiday peak season has always been a source of revenue growth and stress for the supply chain. And 2020 is shaping up to change the game forever. The post How to Thrive in the Upcoming Holiday Capacity Crunch appeared first on MercuryGate International.

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. The same goes for many planned and well-organized supply chain processes – they carry with them the threat of unplanned and unintended events, especially when moving product from the point of origin to its final destination.

How to prepare for freight market shifts in 2020

CH Robinson Transportfolio

As we begin 2020, we can anticipate more balance in the transportation marketplace, according to industry sources. truckload market , the next six to nine months will be a transitional phase. Most analysts are thinking we might start to feel some market parity in the second half of 2020. . Cycle continues to evolve. When referring to the for-hire TL market, we’re looking at 10-20% of the market that is considered the “spot” market.” 2020 brings balance.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Keep it Simple : It’s important to not over complicate things.

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How to Protect Your Freight From Cargo Thieves

GTG Technology Group

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. Failure to exercise reasonable care in preventing accidents or incidents could result in you having to pay for the damages. Cargo thieves can take advantage of opportunities for crime, such as low security at a cargo hold, to steal thousands of dollars worth of cargo. Sources: [link].

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How To Choose Transportation Mode In Logistics

Abivin

A company cannot function well without being able to ship products across the supply chain. It also allows companies to cross geographic lines between where products are produced and where they are consumed. In logistics, transportation can be defined as a function of planning, scheduling and controlling activities related to mode, vendor, and movement of inventory into and out of an organization. To simplify this method, take a postal organizations for example.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. Unfortunately, the worsening of the driver shortage is pushing more full truckload carriers to turn existing trucks into LTL space. Capacity Crunch Freight LTL

Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Theoretically you should be able to generate better service, better terms and conditions, and better cost. Yet there can be many obstacles in your way to achieving this seemingly simple goal. You may be trying to aggregate spend within your company or across companies, or you are trying to outsource this to a Group Purchasing Organization (GPO). To overcome the Spend Aggregation obstacles there are a series of enablers you need to enact to make this successful.

How to Synchronize Your Supply Chain!

Supply Chain Game Changer

Check out Supply Chain Collaboration – The New Way to Drive Value! What comes to mind when you hear the word “synchronization?”. Just like every gear and cog of a watch has to work in harmony for that watch to be able to tell time, your supply chain needs to be tightly synchronized to be effective. How can you make sure that everything is in sync every time? Constant visibility is the key to keeping your supply chain synchronized.

How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Nothing comes close to the level of turmoil it has caused, and for supply chain leaders, the severe disruption, and changes to freight rates—not to mention limited capacity—contribute to more uncertainty. Everyone has access to some form of data, and every process generates more of it.

How To Start Your Brewery On The Path To Success

Unleashed

billion by 2024, according to Business Wire. Knocked back just 7% in sales volumes during the height of 2020 lockdowns, according to Unleashed Software’s own data, the beer industry overall has shown remarkable resilience – for somewhat obvious reasons – and appears likely to continue its expansion. We’ll also break down the specific details of what it takes to build and grow a successful craft brewery business. Areas to seek expert input.

How to Design the Right Solution in a Dynamic Transportation Environment

Talking Logistics

Shippers and Logistics Service Providers (LSPs) are constantly evolving – more rapidly than ever due to increasing activity in mergers and acquisitions, carve-outs, changing client and consumer demands, converging business models, and decreasing IT costs. These influences are changing shipper and LSP transportation requirements in real time, which creates a need for designing the right solution to address those challenges.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? Subscribe Here! Email Address.

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. A strategic approach to obtaining what you need to keep your business and products moving—whether you’re sourcing raw materials, manufactured accessories, or transportation capacity—can help avoid unforeseen disruptions and create a competitive advantage in today’s changing market.

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. companies should be looking to partner with more stable countries where tariff changes aren’t expected. goods is more complex than it used to be. Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. companies to do business in their lands.

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. companies should be looking to partner with more stable countries where tariff changes aren’t expected. goods is more complex than it used to be. This isn’t to say you should avoid international sources for goods.

How to run a supply chain war room that's ready for anything part 2: Planning for and preventing risk

EFT

In part one, which you can read here , we covered why risks are rising and how it is important to try and get ahead with a strong planning function. To aid the decision making, visibility is critical,” says Phil Roe, Chief Customer Officer and Strategy Director UKI at DHL Supply Chain.

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10 Tips To Be A Successful Freight Broker!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Article, and permission to publish here, provided by Aaron Anderson at JW Surety Bonds. 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.

Guest Viewpoint: What’s Driving Freight Costs Higher?

The Logistics of Logistics

<strong><em>If you think the price of fuel is the only element driving freight costs higher – </em><em>Think again! </em></strong> Introduction. The latest Master of Logistics 20 th Annual Study of Transportation and Trends Study reports that in 2011 the highest percent of transportation costs was ground freight at 76.1%, of which US long haul trucking holds a major position at 64.4%. Ground freight was then followed by 8.7%

How to Save 20% on Freight Invoice Processing Costs This Year

BluJay Solutions

Freight processing is often a source of hidden costs – and most shippers have no good mechanism in place to identify and address the inaccuracies that lead to these costs. For that reason, gaining access to freight invoice reconciliation technology can be the secret to unlocking over 20% recurring savings on freight invoice processing. So how can you get past this roadblock? One strategy for success is to start small.

How To Keep Your Supply Chain Moving Fast as Fuel Costs Rise

Elementum

In today’s blog we’re taking a look at what this means for shipping costs, and how retailers can fortify their operations against price hikes. But the largest source of cost increases for most companies have been driver wages and benefits. Many employees are leaving the industry to take jobs that allow them more time with their families. As diesel prices tick up and the costs of keeping drivers rises, freight companies are taking action to protect their earnings.

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How to Avoid Damage to Your Freight

GTG Technology Group

3 Tips to Avoid Damage to Your Freight. Freight damage may only occur in less than 1% of shipments, but with almost 50 million tons of freight moved daily, that equates to around 500,000 tons of freight damaged per day. Lost or damaged freight can cost transportation companies and their clients thousands of dollars. Freight damage is often preventable with a few best practices to keep your freight safe. Sources: [link].

How to be Productive during the Global Lockdown: The ThroughPut Playbook to Maintain your Output Levels

ThroughPut

Schools have been postponed or outright cancelled until further notice, with restaurants being encouraged to only offer take-out, pick-up or delivery. It’s a strange feeling for many to see the world’s economic engines come to a halt, especially here at ThroughPut, a company whose name is associated with speed and flow. These are uncertain times for businesses that are used to having cash flow, steady top lines, and predictable bottom lines. Don’t know how?

How to Avoid Bottlenecks in Your Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Article and Infographic, and permission to publish here, provided by Marc McCormack at straightnorth.com. It’s easy to visualize your supply chain as a river, flowing from one point to another. Along the way, it can branch out into various tributaries — but like running water, any item in the supply chain will find its way to its destination eventually. The post How to Avoid Bottlenecks in Your Supply Chain!

How to Be a Successful Freight Broker

Cerasis

Editor's Note : Cerasis is a freight broker by the nature that all third party logistics companies who manage freight on behalf of shippers, which include freight payment, are a freight broker. There is plenty of opportunity in the freight world at the moment. At Cerasis, we work with other freight brokers who are tendering loads. But, as a shipper, if you do read this, it is also vital to know what a GOOD freight broker looks like. .

How To Evaluate Carriers Effectively?

Abivin

Selecting a carrier to ship with is a challenging decision for many managers. It is important for managers to evaluate a carrier provider to choose the most suitable one for shipping process. Source) To assist managers with the evaluation process, we have created a guideline that evaluate carrier provider against objective criteria. Based on your business needs, you will be able to determine the most important criteria to follow and choose the best provider.

How to Become a Lean, Green Manufacturing Machine

Cerasis

However, since both concepts have been saddled with a lot of hype, manufacturers have tended to shy away from pursuing these goals. In reality, one of the core tenets of the Toyota Production System on which lean manufacturing is based is “produce only what you need to satisfy the customer and nothing more.”. To satisfy this most basic principle of lean, some manufacturers will have to change the way they measure success.

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How to Diversify Your Truckload Carriers & Why You Need to

CH Robinson Transportfolio

To add elasticity to your shipping, think small—small carriers, that is. When you’re picking carriers to move your freight, there is no shortage of options; according to the U.S. Some shippers limit themselves to working the very largest truckload carriers—the ones with the most equipment in the hopes that they will gain access to a huge pool of equipment and leverage their volumes for better rates.

How to Expand Your Global Shipping to Meet Growing Indian Markets

CH Robinson Logistics

But there is another country that’s making a strong case to join that elite group. If projections and recent rhetoric are to be believed, India will join China as the only non-North American countries in the $500 billion club by 2025. That forecast is impactful to companies currently conducting business in India, but it’s also meaningful to all companies that do international trade —especially those that have the potential to conduct business in India in the future.

The Benefits of Full Truckload Shipping: How to Make Sure You Are Getting More Bang for Your Buck

Cerasis

The capacity crunch has arrived, and shippers are scrambling to find ways to make a profit in logistics. According to USA Trucking Services , full truckload freight shipping may vary by carrier, including those transporting general merchandise or specializing in a type of shipment, like cold storage. According to PNG Logistics, drivers need to reduce deadhead, and high-volume destinations result in more backhaul opportunities. Freight Full Truckload

How to Harness the Economic Power of Logistics Clusters

Supply Chain @ MIT

Subscribe to Frontiers here. It developed a strategic plan to capitalize on the region’s historic strengths as an international crossroads for commerce. The plan was to transform the region into a logistics hub. A central feature was the creation of a logistics cluster, an agglomeration of firms and business functions located in the same region that share expertise and know-how. Fast forward to 2013, and the strategy’s success is plainly visible.

Blockchain Comes to the Freight Industry

Supply Chain Brain

As of late February, membership stood at 260 companies, with more than 1,400 applying to join, according to Craig Fuller, founder, managing director and chairman of the board of BiTA. Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. But most are doomed to eventually fail.