The Freight Costs of Trump’s China Tariffs

Freightos

The past year has also seen transpacific freight prices, air and ocean, hit hard, with some interesting, expensive dynamics emerging. Source: China Briefing. Source: US Census Bureau. Until now, one of the biggest unmentioned impacts on importers has been freight costs.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. How To Determine Freight Class: Density Calculator & Printable Resource. Freight LTL

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts.

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations.

End to End Supply Chain Visibility - Solving The Data Problem

simply seeing information in one place, aggregating data from multiple sources. inventory more clearly, you can see. when booking freight, and how to staff. inventory. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM".

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

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.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. What Improved Inventory Visibility does. Inventory ties up money.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan.

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. A sourcing agency will typically do one of the following roles: A.

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030.

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. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

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. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. Blog Inventory Optimization Supply Chain Planning Featured

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US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

As the US Federal Government begins to implement a Sequestration program of mandatory spending cuts to address its budget deficit, effective March 1, the Department of Homeland Security is warning of potential delays to the processing of inbound air and sea freight shipments.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ).

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Supply Chain involves planning, execution, physical flows of goods, the flow of information, processes, financial management, sourcing, logistics, procurement, manufacturing, distribution, logistics, repair and recycling, business management and much, much more. Subscribe Here! Email Address.

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

TMC

Even though the cost of shipping a container by rail can be more than double the cost of using sea routes, for certain products the higher cost can be offset by reductions in inventory costs. Source: World Economic Forum, [link].

Logistics in 2020: The Future of Road Freight

BluJay Solutions

In a recent white paper , Kewill has looked at the issues facing the global supply chain, and how it may look in 2020, including the future picture for road freight. Road freight represents a major part of most Logistics Services Providers’ (LSPs') strategies. By 2020, the price per barrel of oil will be on average about $150, with much higher peaks possible (source: International Energy Agency Oil Market Outlook 2011).

What is Freight Consolidation and How Does It Differ from Pool Distribution?

Zipline Logistics

Photo Source: Unsplash To keep up with shifting consumer trends and subsequent retailer behavior, shippers are looking to freight consolidation services and pool distribution methods to manage their orders.

Guest Blog: 13 things you need to know about freight forwarding

NC State SCRC

He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding is one of the most widely used methods of international transport for both business and personal use. Freight forwarding companies, like the International Logistics Centre, coordinate the shipment of goods from one destination to another using a range of carriers, including air freight , ocean freight , road fright and, in some cases, railway freight.

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4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool. Overall Costs of Less Than Truckload Freight Shipping. Few shipping processes can be more complicated than managing Less than truckload freight shipping.

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. SCM #SupplyChain #supplychainmanagement #logistics #freight #transportation #distribution.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. Utilize 3D printing to product a compatible power source for a batch and find out.

Bitcoin: A New Supply Chain Operating System?

Talking Logistics

The WSJ article and other sources, such as this Khan Academy video series , explain how bitcoin works, so I won’t go into it here. Source: [link]. I have to admit, I’ve paid very little attention to all the buzz surrounding bitcoin these past few years.

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

China: from sourcing location to an end market. Rietdijk, SVP Global Sourcing – Vestas. What service levels can be realistically expected and how to manage reliability in such a fragment road freight market? Rietdijk, SVP Global Sourcing – Vestas. Freight forwarding specifics to China. Is the trade imbalance between China and Europe going to keep freight costs towards Asia low for the foreseeable future? ‘Supply Chain Opportunities in China’.

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Experts Choice Of Top Online Logistics Resources

Freightos

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. is one of the industry’s most respected logistics sources. Ocean freight is split into 14!

What If Your Supply Chain Had A Control Tower?

Freightos

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. They estimate that their deployment resulted in an inventory saving of tens of millions of dollars.

Achieving the Integrated Global Supply Chain

Supply Chain Network

The results are achieved when extraneous costs are removed and product can optimally move from source to end-user with minimal friction. Guest post from Ned Blinick of 3rdwave.

What is the Best E-Commerce Order Fulfillment Service for You? Amazon FBA or 3PL?

Supply Chain Game Changer

Amazon has one of the most advanced e-commerce fulfillment service in the world, can help you scale-up or grow your business and as of the last measured period, the source estimated 90 million paying Amazon Prime subscribers in the United States, up from 63 million in June during the previous year.

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Reduced spare parts inventory levels by 52 percent or $2.3

Never Automate a Bad Process!

Supply Chain Game Changer

Replenishment of inventory for each store was similarly based on actual and projected demand. Consistent with Lean principles the team should have first focussed on how to reduce waste, reduce handling, and reduce inventory levels. It is a Vendor Managed Inventory (VMI) paradigm.

This Week in Logistics News (October 7-11, 2013)

Talking Logistics

Freight Shipments Rose 0.4% UPS Expands Expedited Ocean Freight Service To Mexico. Exclusive: Cisco, Google, SAP discussing BlackBerry bids – sources ( Reuters ). There’s lots going on today, so let’s go straight to the news. in August from July.

This Week in Logistics News (June 3-7, 2013)

Talking Logistics

In this week’s news… UPS Freight Announces 2013 Rate Adjustment. Cass Freight Index Report for May 2013. Amazon plans big expansion of online grocery business: sources ( Reuters ). On May 28th, ABF increased its general rates and charges for its freight division by “about 5.9 This week UPS Freight announced “a general rate increase of 5.9 Welcome to June.

Gartner’s 2018 Top 25 Supply Chains List! Is it Still Relevant?

Supply Chain Game Changer

Inventory Turns 3. (10%). Source: Gartner. Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns.