LogiSYM Supply Chain Magazine – October 2023
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
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Freight Inventory Logistics Magazine 
The Approach to Effective Freight Procurement
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.
Optimal Sourcing 
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When to Switch From In-House to Managed Logistics Transportation Services
GlobalTranz
AUGUST 11, 2021
The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.
Are Ocean Freight Prices Absolutely Broken?
The Logistics & Supply Chain Management Society
FEBRUARY 15, 2021
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering?
Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions
The Logistics & Supply Chain Management Society
AUGUST 19, 2022
IoT is making a mark on more and more industries, including logistics. Logistics companies are also leveraging IoT and automation to create more efficient processes. In logistics, this differs significantly from the use of IoT in other industries. In logistics, this differs significantly from the use of IoT in other industries.
The Green Corridor: The Circular Journey
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
About the Author 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.
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Freight Data Trends for 2019 and How a TMS Will Grow in Value
GlobalTranz
FEBRUARY 4, 2019
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.
The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains
The Logistics & Supply Chain Management Society
SEPTEMBER 21, 2022
This is the realm of the logistics professional. That said our efficiency in running the logistics to get to their location is entirely up to logistics professionals. To eliminate unneeded transport or unnecessary miles is always something the logistics manager needs to do. Green Logistics – The Right Way.
Innovations in using Technology to stay ahead in the Game!
The Logistics & Supply Chain Management Society
MAY 18, 2021
The business of logistics is as dynamic as ever in this modern age. To meet this gap, CEVA Logistics has transformed itself by incorporating advanced technology to create innovative solutions for its customers, big or small. The key to staying ahead of the curve is the ability to re-invent.
Using Technology to build Sustainable Supply Chains
The Logistics & Supply Chain Management Society
SEPTEMBER 14, 2021
IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.
Calling Reverse Logistics Startups – RLA to host Startup Competition
Cathy Roberson
AUGUST 24, 2022
(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. · Increased costs “driven by cost of freight.”
The Future of Logistics with Courtney Muller
The Logistics of Logistics
MAY 17, 2022
The logistics industry is changing fast. On today’s episode of The Logistics of Logistics Podcast, host Joe Lynch sits down with Courtney Muller. The Future of Logistics with Courtney Muller. Our topic is the future of logistics with my friend, Courtney Muller. Our topic is the future of logistics.
The Importance of Value-Added Services in Logistics and SCM!
Supply Chain Game Changer
JUNE 3, 2021
Do you have a Freight Management Strategy or are you Spinning your Wheels? Finding out if your provider offers these next-level services are critical because they can make a significant difference in your overall logistics process. Types of Value-Added Service for Logistics and SCM. – Inventory Management.
Experts Choice Of Top Online Logistics Resources
Freightos
AUGUST 26, 2015
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. Ti Logistics Briefing.
Leveraging Big Data in Logistics Into Meaningful Business Analytics
Intelligent Audit
OCTOBER 27, 2022
What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Shippers can get a handle on their expenses by tracking freight invoices and improving their logistics strategy. . What is Big Data in Logistics & Supply Chain Management? Examples of Big Data in Logistics Uses.
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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI
GlobalTranz
FEBRUARY 2, 2015
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. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. The Evolved Vendor Managed Inventory Model.
Driving Sustainable Growth Through Supply Chain Resilience
The Logistics & Supply Chain Management Society
APRIL 26, 2022
The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. LogiSYM Supply Chain Magazine – April 2022.
Real Results Magazine: Must-Have Tips to Boost Your Supply Chain
BlueYonder
JULY 16, 2012
If you’re like me, you’re reading a couple of good books, have several more on your “got to get to” list and a magazine or two with the corners folded down for when you have a little airplane time or for a quick read over lunch. Once you do, we’d love your feedback.
The Digital Transformation in Logistics: Technologies, Barriers and Predictions!
Supply Chain Game Changer
MAY 1, 2019
According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. INTERNET OF THINGS.
Steel Fabrication and General Manufacturing Tips and Tricks for 2015
GlobalTranz
DECEMBER 18, 2014
Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. Now is the Time for Manufacturing to Look at Logistics Efficiency. This has sent some of them to vendor showrooms seeking new, capacity-building equipment. That’s a delta of 5% to 7%.
Risk Management in Global Ocean Context
The Logistics & Supply Chain Management Society
JULY 16, 2023
Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment. Our approach to freight procurement would also require a revisit as part of a risk management strategy.
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Now Is the Right Time for Supply Chains To Do the Right Things
The Logistics & Supply Chain Management Society
MARCH 16, 2021
From September to December 2020, China and a few South East Asian countries started to get back to a fair amount of manufacturing capacities and international logistics resumed for essential services, pharma, food, groceries, medical devices, PPE etc. Fulfillment and Logistics execution. Recovery Imperatives: Phase II.
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Accelerate your digital transformation with Intelligent Automation and RPA
The Logistics & Supply Chain Management Society
JULY 13, 2021
It predicts that by 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory, and shipment tracking. How enterprises in supply chain and logistics industry can benefit from RPA and IA.
Transportation Management System ROI: What Other Business Areas Can Benefit?
GlobalTranz
APRIL 21, 2017
Integration Enhances Inventory Control Through Better End-to-End Visibility. In fact, the Cerasis Rater can identify instances of overbilling and overpayment, request appropriate refunds and catalog weekly freight payments due in a simple, easy-to-read report. Both Inbound and Outbound Logistics Benefit From Implementing a TMS.
President Andrew Lynch On What We Must Do To Create Nationally Secure And Resilient Supply Chains
Zipline Logistics
JANUARY 10, 2023
This article was originally published by David Leichner of Authority Magazine. . T he cascading logistical problems caused by the pandemic and the war in Eastern Europe have made securing a reliable supply chain a national imperative. Andrew Lynch x Authority Magazine Interview. About Andrew Lynch.
How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices
GlobalTranz
SEPTEMBER 19, 2018
Customers expect orders within the same time frames as Amazon, increasing freight spend. Critical components of a successful e-commerce shipping strategy asserts John Costanzo of Parcel Magazine, include: Visibility into warehouse and inventory management. This may be an area where outsourcing to a logistics provider can help.
What are the main 3PL Services?
The Logistics of Logistics
MAY 26, 2016
King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. Logistics Services.
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The Logistics of Logistics
MAY 26, 2016
King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. Logistics Services.
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What are the main 3PL Services?
The Logistics of Logistics
MAY 26, 2016
King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. Logistics Services.
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RLA Inaugural Startup Pitch Contest
Cathy Roberson
JANUARY 9, 2023
The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Tompkins Robotics – Expanded its reverse logistics capabilities in 2018.
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Cloud-Based TMS: 7 Reasons Why Transportation Management Systems Have Their Heads in the Cloud
GlobalTranz
APRIL 14, 2017
The cloud offers unique benefits to shippers, vendors, customers and logistics providers. Traditional challenges, like managing updates, integration between different systems and multi-location deployment, can be overcome through cloud-based TMS , reports Merrill Douglas of Inbound Logistics. Less Time Spent on Data Back-Ups.
Getting the Education and Experience to Land a Job in Supply Chain!
Supply Chain Game Changer
OCTOBER 10, 2022
The supply chain and logistics fields are among the fastest growing career fields. It’s possible to get an entry-level job without a degree, but an undergrad diploma with a major in business, economics, or logistics can lay the groundwork for landing a solid entry job. Subscribe Here! Email Address. Getting and Financing an MBA.
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Free Trade Zone – Is Your 3PL Giving You All the Warehouse and Distribution Cost Savings You Deserve?
ModusLink Corporation
FEBRUARY 8, 2023
The value of such operations in 2021 was evident, with 1,200 active operations, 197 FTZs, and 356 production operations reporting in the US, says Site Selection Magazine (Forster). Many third-party logistics providers are still charging customers exorbitant shipping fees and not leveraging the cost savings opportunities offered by FTZs.
Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….
The Logistics & Supply Chain Management Society
DECEMBER 21, 2021
IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. SYNOPSlS: Augmentation of the Logistics Workforce. Thoughts for 2022.
Supply Chain Movement 22 – Logistics Outsourcing
Supply Chain Movement
SEPTEMBER 21, 2016
Strategic moves among logistics providers. Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. 29 | Facts & Figures: Logistics Outsourcing.
The Top 5 Manufacturing Blogs of 2016 …So Far
GlobalTranz
JULY 6, 2016
We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our last post covered the Top 5 Logistics blogs of 2016. e-Book] 2016 Trends in Manufacturing, Supply Chain, Logistics, and Transportation Management. See the Full List of Trends Here.
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Blockchain and Trucking: A Match Made on the Road
Shipchain
AUGUST 24, 2018
The inception of blockchain technology for use in logistics and supply chain management represents one of the most significant innovations in the industry. With fewer trucks on the road that have available capacity, more freight volume and changes in distribution channels have led to what the industry calls a “Capacity Crunch.”
The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ?
The Logistics & Supply Chain Management Society
MAY 28, 2022
It is prime time for visibility / inventory management tools and outsourcing. For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019. These have brought resilience and near-shoring back on the agenda.
The Evolution of Asset Management: Humans, Inventory and the Rise of AI
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.
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Accessing Bathrooms
Cathy Roberson
DECEMBER 17, 2022
I did a quick Google search to see what’s been written on this topic and it seems that mostly trucking trade magazines are the only ones that have…kind of like preaching to the choir in my opinion. Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World.
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History and Evolution of Supply Chain and Logistics
SCMDOJO
MARCH 25, 2022
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?
Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020
The Logistics & Supply Chain Management Society
SEPTEMBER 25, 2020
Demand sensing technology will help supply chain professionals to become smarter about the sales side, which helps to drive sales but also allows for better planning of logistics and manufacturing capacity. Advisory Board Member, at The Logistics & Supply Chain Management Society (LSCMS). Companies can clearly make a dent.
Blockchain has Potential
Enterra Insights
JULY 25, 2019
Managing inventory. Managing freight transportation. 3] Luzi Ann Javier, “ Blockchain Points Way to `Massive Change’ for Commodity Supply Chain ,” Material Handling & Logistics , 14 December 2017. [4] Sharing information with customers. Managing trade documentation. Verifying and monitoring suppliers.
Global Trends Podcast Discusses Today’s Challenges
CH Robinson Transportfolio
AUGUST 13, 2019
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. domestic logistics infrastructure.
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