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Wanted: Supply Chain Architects!

Supply Chain Shaman

When I moved into industry, and the real world, I managed engineering teams. Each project would usually have a cool name, and management exposure. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. I knew nothing about the world of logistics, inventory management and order optimization.

Guest Post: Ignoring this Performance Metric is Risky

TMC

Globe-spanning supply chains are now exposed to a wider array of risks than ever before, elevating the importance of detection time as a measure of performance. As I explain in my book, The Power of Resilience: How the Best Companies Manage the Unexpected (MIT Press, October 2015), companies can improve their disruption detection capabilities in a number of ways. Managing adverse weather conditions is part and parcel of transportation planning.

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Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. These forecasts can also help brokers, shippers and fleets take a lot of the guesswork out of a proposal to move freight, say, a year from now. Analytics Freight Broker

Supply Chain Scams and Fraud!

Supply Chain Game Changer

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Finance Freight and Logistics Inventory Management Procurement Risk Management Supply Chain ManagementSubscribe Here!

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Letter from the CEO: Coronavirus Market Update

Transplace

Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease.

5 ways TMS transforms Logistics Managers' jobs

Abivin

That’s where the need for Transportation Management System (TMS) comes into play. A survey featured in Logistics Management shows that just 35% of shippers are using TMS in their supply chain. Logistics managers need to realize that adding TMS instead of headcount can be the right way to grow their business. By automating manual processes, you can have time to focus on other important tasks like strategic planning, management.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. The Big (Crappy) Data Problem in Supply Chain Management. Source: Evan, Flikr. “I

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Control tower technology : Control Towers will be prevalent as Supply Chain leaders are able to see, & manage how their entire Supply Chain is functioning from one digital command centre. Case Study Risk management: The All England Club.

9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

Cerasis

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. To drive further value, look for technology providers in the logistics and supply chain space who can integrate these systems together.

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This Week in Logistics News (May 22-26, 2017)

Talking Logistics

The Supply Chain and Logistics Hall of Fame. Moving on, here’s the supply chain and logistics news that caught my attention this week: MercuryGate Launches ezVision. Cloud Logistics’ Second Zero Downtime Release of 2017 Marks Continued Rapid Pace of Innovation. Honeywell’s Connected Freight Technology Monitors High-Value And Perishable Goods In Transit, Helping Prevent Damage, Loss And Theft. The NaviShare platform is transportation management system agnostic.

Lean initiatives and the Supply Chain

The Lean Supply Chain

There should be metrics involved to monitor these objectives to insure success across the supply chain.These metrics should be reviewed frequently to insure supply chain success. Negotiate the fuel surcharge (FSC) and optimize your freight via their TMS system. • Use gain-sharing with your 3PL for a win-win in all gains and cost savings. • Watch the freight bills you receive. At times, 8-10% of freight bills you receive are incorrect.

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Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Risk Management.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to compensate a long waiting time, Adidas uses air freight or courier service. Managing transportation at this scale is the absolute challenge. 7/11 is another popular case study in supply chain management.

Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Risk Management.

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How to Select a 3PL with Joe Lynch and Adam Robinson

The Logistics of Logistics

Non-asset based 3PLs use the assets from other logistics companies. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. The most important measure is the Paydex metric. Look for a 3PL that beats the logistics industry average. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Transportation Management System (TMS). Risk Management.

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50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. Build flexible supply networks to minimize the risk of disruption. Model new risks and costs.