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Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. Supply Chain Professionals, although not usually theatrical, also work in an environment in which they are managing a tremendous amount of risk. Supply Chain Risk Management.

Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. Lillian Ablon, an information scientist at the RAND Corporation, told Koebler and Cox, “Supply chain risk management is difficult enough for conventional threats (disruptions in operations caused by natural disasters, financial failures, poor quality, etc.).

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Risk Management: Is 2018 the Year of Living Dangerously?

Enterra Insights

It has also always had issues: supply chain complexity; global competition; information collection challenges; and greater risk from global events including natural disasters, port closures and anti-global sentiment. ” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1. As we step into 2018, enterprises must realize the risks associated with their IoT ecosystem.”

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 (June 20-24, 2016)

Talking Logistics

A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supply chain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% Behind those Amazon Prime boxes, a bull market in warehouses (Reuters). Triumph Business Capital Provides Instant Cash Funding Via AscendTMS™ Logistics Software. April 2016 North American Freight Numbers.

Supply Chain Risk Blog Series#1: Why Supply Chain Risk Management Should be a High Priority

BluJay Solutions

Managing the inherent risk in a supply chain has always been critical for businesses, but has become ever more so as supply chains have extended globally. With so many companies today deriving and delivering so much of their business across a larger geographical expanse, the inherent risk factor has increased exponentially in the last decade or two.

This Week in Logistics News (January 19-23, 2015)

Talking Logistics

LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Teamsters lose another vote at FedEx Freight facility (Reuters). ” Companies have historically overlooked B2B Connectivity when evaluating supply chain software solutions, such as transportation management systems. Supply chain management is all about risk management, and this is a great example of how third-party logistics providers (3PLs) need to redefine themselves.

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. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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The Top 2019 Logistics Trends Shippers Should Know

Cerasis

The state of the logistics industry is evolving. 2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. 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. Logistics Supply Chain Trends

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

Talking Logistics

Holiday weekends and the weeks leading up to the Black Friday retail shopping holiday are prime times for organized crime groups to target the trucks, warehouses, and distribution centers that send or receive those goods. 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. Christopher McLoughlin is Risk Manager at C.H.

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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.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. Terrorism : The recent terrorist attacks in Paris and San Bernardino, coupled with the ongoing instability in Syria and Iraq and the spread of ISIS, have raised the risk for terrorism-related supply chain disruptions in 2016. The Case for Competing on Logistics Talent.

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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New 3PL Study: The State of Logistics Outsourcing

Supply Chain Movement

In the 2015 19th Annual Third Party Logistics Study, survey results showed the continuing, positive overall nature of shipper-3PL relationships. Both parties view themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9% an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. Strategic Workforce Management Throughout the Supply Chain.

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

Talking Logistics

HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace. 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.

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. Amazon to open five new warehouses in India (Reuters). 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.

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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This Week in Logistics News (January 14-18, 2019)

Talking Logistics

Will blockchain have the same fate as RFID in supply chain management? As reported by The Loadstar this week, “Blockchain logistics start-up OpenPort has notified shareholders it is out of funds and intends to proceed with liquidation.” In the meantime, here’s the rest of this week’s supply chain and logistics news that caught my attention: U.S. req’d) Warehouse Availability Reached Lowest Point Since 2000 Last Year (WSJ – sub.

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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.

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. This has the added effect of increasing the attractiveness of freight , a prerequisite for gaining shipper of choice status. Logistics

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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.

4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

This Week in Logistics News (October 27-31, 2014)

Talking Logistics

Moving on to this week’s supply chain and logistics news… JDA Software Unveils New Brand Identity, Logo, and “Plan to Deliver” Tagline. Port Logistics Group Adds to Omni-channel Capabilities with EventPick. CIMC and Globe Tracker Collaborate to Accelerate Global Adoption of Supply Chain Tracking, Monitoring and Asset Management Services and Equipment. Amazon Opens 3 Logistics Centers in Poland (ABC News). Robinson is a Talking Logistics sponsor.

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Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers —to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. They can also be used to identify back-up routes and freight facilities.

Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers—to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. They can also be used to identify back-up routes and freight facilities.

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. For sea freight, chocolate must be shipped in refrigerated containers, also called reefers. In sea freight there are only a few options and routes available to ship chocolate in less-than-container loads.

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. For sea freight, chocolate must be shipped in refrigerated containers, also called reefers. In sea freight there are only a few options and routes available to ship chocolate in less-than-container loads.

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. For sea freight, chocolate must be shipped in refrigerated containers, also called reefers. In sea freight there are only a few options and routes available to ship chocolate in less-than-container loads.

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. For sea freight, chocolate must be shipped in refrigerated containers, also called reefers. In sea freight there are only a few options and routes available to ship chocolate in less-than-container loads.

European Commission Questions Quality of Customs Data Provided by Logistics Services Providers for ICS

BluJay Solutions

In its recent communication on Customs Risk Management and Security of the Supply Chain (8 January 2013), the European Commission raised concerns around the robustness of the current risk management process for goods entering the EU under the Import Control System (ICS). Next Steps: Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight.

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

4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics. The blog spends a lot of time focusing on the use of transportation management systems and how they can increase efficiency in your supply chain. Freight Hub.

Supply Chain Risk Blog Series#3: The Role of Regulation

BluJay Solutions

In the last post in our blog series on Supply Chain Risk, we focused on the impact of complexity and the role of contingency planning in managing risk. Now it’s time to consider the role of regulatory requirements and legislation in your supply chain risk planning. . So, which of the myriad of government regulations are pertinent to a company’s risk management strategy?