Remove Freight Remove Logistics Remove Singapore Remove Supply Chain Visibility
article thumbnail

Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. Billing inaccuracy and payment challenges are massive problems in the logistics industry.

Study 246
article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

In Singapore, for instance, there was a period when eggs were running out as consumers hoarded them. In the logistics circles, this is known as the bullwhip effect which surfaces from a sudden spike or drop in and can significantly affect profit margins. This improves supply chain visibility and digital planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supply chain resulting. TRAMES is all about International Freight Orchestration (IFO).

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

Mr. Eberle is the vice president of logistics and distribution operations at Molex. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Mr. van den Eijnden is the director of global logistics operations planning and systems at Molex. They worked with selected top global logistics partners.

article thumbnail

ShipChain Wins Blockchain Innovation Award at #DataccioConnect Singapore

Shipchain

This past November, ShipChain was honored to win the Blockchain Innovation Award at #DataccioConnect Singapore. Prominent among these are the partnerships with ParceLive , the supply chain visibility platform provider, and GTX Corp (OTCQB: GTXO) , a global tech leader offering a suite of GPS and NFC tracking location-based services.

article thumbnail

The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

The Logistics & Supply Chain Management Society

An indication for this belief is the level of fundraising reached by digital players like Flock Freight, a trucking platform and project44, a supply chain visibility platform, which reached US$113.5 The e-Commerce growth has further bolstered the digitisation of the world of supply chains.

article thumbnail

Automating Arrival Notifications with AIS & Artificial Intelligence

Supply Chain Network

Since the inception of EDI (Electronic Data Interchange) in the early 1970’s logistics professionals have always taken for granted the accuracy of EDI tracking transactions sent for various activities across their global supply chains.