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Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

Singer suggests that Chinese-made microchips embedded in our appliances, devices, satellites, fighter jets, war ships, and tanks could turn against us.”[1] ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. Smith insists, “The business case for supply chain risk management investment needs to be made convincingly and robustly to justify investment.”

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

CH Robinson Transportfolio

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . 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. The risk of delays and lost cargo are real. What risk does your cargo face?

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Top 10 Talking Logistics Videos and Posts in 2017

Talking Logistics

As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 43 episodes produced in 2017, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. And we continue to receive great feedback from supply chain and logistics professionals like you, so thank you for your comments.

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This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Are you attending the Council of Supply Chain Management Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM.

This Week in Logistics News (February 23-27, 2015)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Target Lowers Free Shipping Minimum to $25 for Online Orders. DHL launches next phase Resilience360 risk management tool to help customers avoid global disasters. December 2014 North American Freight Numbers. I argued that third-party logistics providers need to take a broader perspective of their business and value proposition. December 2014 North American Freight Numbers : U.S.-NAFTA

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

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. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. The Move to LTL Digital Shipping.

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The Top 2019 Logistics Trends Shippers Should Know

Cerasis

The state of the logistics industry is evolving. Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful.

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This Week in Logistics News (January 4-8, 2016)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Note: GT Nexus and JDA Software are Talking Logistics sponsors.

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This Week in Logistics News (April 1-5, 2019)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Truckers gridlocked at U.S.-Mexico Mexico line as border agents moved (Reuters) Global trade growth loses momentum as trade tensions persist (WTO) Shipping Comes to Terms With $50 Billion Clean-Fuel Bill (WSJ – sub. Robinson (a Talking Logistics sponsor), shared some good advice in a blog post this week. “I’m worst at what I do best.”. Kurt Cobain, lead singer of Nirvana, killed himself 25 years ago today.

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Guide For Supply Chain Risk Management - How to Identify, Validate, and Assess

EFT

Insurance companies talk about supply chain risk in terms of assets. These diverse interpretations make identify risks more challenging. Surprisingly, many supply chain risk discussions exclude the actual supply chain. They do not recognize logistics infrastructure, logistics service providers, and how products move through supply chains. Many times, a picture, such as a ship, is used to show the "supply chain". As a result, they overlook risks.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. UPS and FedEx both have released statements professing their need to continue shipping as an essential business, but it will be harder for smaller, more local carriers to keep up with their pace. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. Subscribe Here!

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This Week in Logistics News (November 11-15, 2013)

Talking Logistics

Freight Shipments Rose 0.8% University of Maryland Selects Resilinc as Supply Chain Risk Partner. According to Jeff Starecheski, Vice President Logistics Services at Sears Holdings, “Customer service is of paramount importance to Sears Holdings, our members and customers. Note: Descartes is a Talking Logistics sponsor. Tweet The post This Week in Logistics News (November 11-15, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight. Remember that freight at rest is freight at risk. The more time freight spends sitting unattended, the likelier the chances are for truckload theft. Try to keep the amount freight that’s shipped out over weekends to a minimum, or work with your carriers to avoid prolonged stretches in drop yards.

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Experts Choice Of Top Online Logistics Resources

Freightos

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. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value.

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. In today’s world, anyone can start a business, grow into a successful broker, and work with the biggest names in shipping. 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. Download a Turvo Freight Broker Case Study.

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.

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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Enabling Supply Chain Flexibility: Two Important (But Often Overlooked) Factors

Talking Logistics

In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? That was the central question Matt Castle, Director of Air Freight Services at C.H. Robinson , and I addressed in a recent episode of Talking Logistics. The post Enabling Supply Chain Flexibility: Two Important (But Often Overlooked) Factors appeared first on Talking Logistics with Adrian Gonzalez.

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Identity Theft, Trucking Style

Talking Logistics

Then the con artists offer low bids to freight brokers who handle shipping for numerous companies. Here are my three simple tips to prevent cargo theft in general (or at least minimize the risk): 1. The longer a loaded trailer or container sits unattended, the higher the risk for theft. And you should collect data on where (and for how long) loaded trailers/containers sit along your supply chain to understand where you face the greatest risk for cargo theft.

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This Week in Logistics News (July 28 – August 1, 2014)

Talking Logistics

In this week’s news… XPO Logistics to Acquire New Breed Logistics. Dun & Bradstreet Launches Supplier Risk Manager™ 2.0. XPO Logistics continues its roll-up strategy with its announced acquisition of New Breed Logistics this week for $615 million. The post This Week in Logistics News (July 28 – August 1, 2014) appeared first on Talking Logistics with Adrian Gonzalez.

Logistics, Data, and Cognitive Computing

Enterra Insights

Logistics have always been data driven. Historically, logistics data can be found on cuneiform tablets, pieces of parchment, and paper. Blockchain will certainly help logistics operations in a number of ways; but, digital data already available can also help. These can include freight costs that are too high, transit times that are too long or not charging enough for freight.”[1] Complexity adds another layer of difficulty to the logistics picture.

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Hurricane Florence, Disaster Recovery Logistics Planning and TMS Solutions

Supply Chain Collaborator

TMS solutions and associated logistics IT tools are a critical part of any successful volume shipper’s supply chain risk management plan. Hurricane Florence is presently testing the mettle of the logistics management technologies used by shippers at the epicenter of natural disaster recovery – food/beverage shippers, building materials shippers, energy shippers and others.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. For related commentary, see: In Logistics, Somebody Has to Own the Assets.

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Coronavirus COVID-19 Supply Chain Update

Transplace

Cargo flows and ship calls are rebounding in China as the situation normalizes. With the estimated average ocean freight of $1000 per TEU, ocean carrier revenue loss adds up to $1.9b. Transplace has implemented a risk management plan which first and foremost addresses the safety of our employees and customers, but at this time are not anticipating disruption in day to day operational activities. Coronavirus COVID-19 Supply Chain Update.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Finding equipment and shipping through the Laredo, TX and McAllen, TX border crossing points could quickly get worse. Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. Menlo Worldwide Logistics and Temasek Polytechnic Establish Scholarship Programme, Announce 2013 Winners. Retailers and small and midsize businesses (SMBs) – the two market segments supply chain and logistics software vendors are hyper-focused on these days. According to the forecast, overall freight revenue will grow by 63.6

Letter from the CEO: Market Update April 23, 2020

Transplace

Carriers are starting to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). Shipping facilities are requiring all individuals including drivers to wear a face covering such as a scarf, neck gaiter, bandana, or other type of mask, surgical mask or dust mask upon entering. Facilities for drivers are being cleaned regularly to minimize risk. Transpacific Eastbound ocean freight spot market remains relatively stable to both U.S.

Keep'n it cool; chocolate logistics

Logichain Solutions

Chocolate, enjoyed by so many around the world, presents significant logistics challenges for chocolate makers and logistics companies. With more and more consumers ordering chocolate online, logistics become an even bigger challenge.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

As governments and healthcare agencies around the world work to stop the spread of the coronavirus, importers and exporters across 164 countries are struggling to manage the pandemic’s growing impact on their supply chains. Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Embargoes have been enacted and may impact your freight. Operations for freight cargo will remain closed until further notice. With Houston Port closed, there will continue to be no traffic moving through the shipping channels until at least Friday. Risk Management Logistics Supply Chain Management Technology Weather

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Embargoes have been enacted and may impact your freight. Operations for freight cargo will remain closed until further notice. With Houston Port closed, there will continue to be no traffic moving through the shipping channels until at least Friday. Risk Management Logistics Supply Chain Management Technology Weather

15th Annual Cool Chain & Temperature Controlled Logistics Europe

Supply Chain Movement

15th Annual Cool Chain & Temperature Controlled Logistics Europe. Europe’s Biggest and Longest-Running Gathering of Life Sciences Logistics, Supply Chain & QA Professionals will yet again bring together 500+ professionals and 60+ exhibitors to start the big discussion. New for 2016: Hear exclusive first hand feedback from the Pharma Ocean Freight Working Group Forum- the 2015 Initiative aiming to create best practices for reefer handling.

Letter from the CEO: Market Update May 21, 2020

Transplace

Carriers are continuing to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). We are continuing to see heavy freight solicitation from our carrier base. Most dry van carriers saw a decline in activity but were able to mitigate much of the cost implications by furloughing drivers, freight handlers (dockman), and back-office staff. The air freight market is still extremely volatile.

State of Logistics Industry: Recent Reports Indicate Logistics to Excel in 2019 in Key Ways

Cerasis

Logistics is expanding, and at the end of 2018, unemployment rates decreased. Although government reports were delayed at the beginning of the year due to the government shutdown, all indicators from the period before the government shutdown suggest logistics will continue to expand well into 2019. The Move to LTL Digital Shipping. How New LTL Technologies & Processes are Changing the Shipping Game. Logistics

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