This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As shippers of all sizes expand their globalsourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? “It Then post a question or comment and keep the conversation going!
Due to this awareness, freight sourcing is receiving increased interest from shippers. But freight sourcing has limitations as it has been done for the past four decades. To gain a competitive advantage, savvy supply chain professionals are digitizing their processes, from the very beginning, freight sourcing.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
Two major shifts are changing the face of globaltransportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of globaltransportation management is broadening and expanding well beyond the traditional TMS scope.
There are 4 fundamental areas where globaltransportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. It is an important part of an effective and efficient global supply chain.
However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportationsourcing. Freight is unique. Relationships matter.
While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportationsources considered, including. embargoes, duties, taxes, and other restrictions and requirements.
Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items. In it, Lidl outlined such efforts as reducing scope 1 and scope 2 greenhouse-gas emissions by 63% by the end of 2022 as it works toward a 70% reduction by 2030.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
I discussed the risks and complexities of international transportation in a recent episode of Talking Logistics with Russ Romine, VP of GlobalTransportation Services at LEGACY Supply Chain Services (a Talking Logistics sponsor). Here’s what he said: It starts with sourcing.
Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants.
Industries Hit Hardest (So Far) While no industry is entirely immune, some are feeling the effects more acutely: Automotive and heavy equipment : Reliant on cross-border part sourcing and large-scale metal imports. Consumer electronics : Facing higher costs on semiconductors and finished goods from Asia.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design. Image source: Bloomberg.
In less than a week in Phoenix, this year’s RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions. Recently I’ve spent much time reviewing the application of systems to better manage all aspects of global supply chains.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. Mid-Year Assessment. In early July, Bloomberg reported that U.S.
With this latest Gartner Magic Quadrant for Transportation Management System, Blue Yonder remains one of only two companies recognized as a Leader in the three Gartner Magic Quadrant reports 3 covering Supply Chain Planning, Transportation Management Systems, and Warehouse Management Systems.
This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Supply Chain Matters Additional Insights. All rights reserved.
Mode shift is one of the key trends related to international transportation, a topic I will discuss next week on Talking Logistics with Ross Romine, VP of GlobalTransportation Services at LEGACY Supply Chain Services. So, mark your calendars and tune in!
Here I want to share eight key procurement challenges that we and consultants are facing in today’s globalsourcing world. GlobalSourcing – Start-up Basics Nobody could ignore the role that globalsourcing plays in today’s procurement world.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.
Global freight management success will be contingent on businesses understanding the people, processes, and system integrations needed to compete in the global marketplace. When tasked with improving global freight process management, keeping the following tips in mind will be key. Two issues make this more challenging.
Its mission is to gather and integrate data from various sources and orchestrate it in such a way that it enhances supply chain visibility and efficiency. Recently, SRS (an umbrella group for twenty European retailer groups, selected GT Nexus to deploy a globaltransportation control tower. What does it look like in action?
Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that sourceglobally. Execution Control.
Changing customer expectations, globaltransportation disruptions, labor shortages, and climate change are just a few ongoing challenges faced by the industry. In increasingly competitive markets, an efficient and well-managed supply chain can have a significant impact on business growth and fiscal and sustainability goals.
Source: C.H. As Vice President of Transportation for Robinson Fresh , Mark Petersen oversees all surface transportation regions for Robinson Fresh. A Visual Look at a Last Mile Program. Last mile programs can entail many aspects, from surge and project planning management to execution. During his tenure with C.H.
The premise of this advisory is that supply chain leaders need to embrace geopolitical supply network strategies to better support global-wide business objectives. It is a process that should address likely sources and frequency of product demand globally, regionally, and domestic in-nature.
As shippers of all sizes expand their globalsourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? Live Episode: Thursday, February 25, 2016 at 12:00 pm ET.
On top of this platform, GT Nexus has provided various transportation management applications, such as transportationsourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Transportation Analytics. ” #Bridges2015. ” #Bridges2015. Bridges2015.
Prior to the pandemic, supply chains were already growing in complexity due to increased globalization, data sources, and customer demands. In this dynamic environment of frequent disruptions, spikes in demand, and tight capacity, the ability to quickly scale your talent and technology is a significant competitive advantage.
… Digitizing your global supply chains empowers your planning, sourcing and logistics teams to collaborate, automate and effectively leverage analytics.”[6] Barraco concludes, “To do it right, companies [must take] a holistic, integrated approach.
To find savings, you’ll want to work with an experienced globaltransportation post audit services provider. A professional team will pore over your transportation activity to identify and recoup overpayments and overbillings. During an economic downturn, sourcing specialty parts could get tricky. Stay in Communication.
The aerospace industry plays a critical role in globaltransportation, defense, and economic growth. It underpins the globaltransportation network, enabling the movement of people and goods across vast distances. The rise of urban air mobility (UAM) is set to transform the aerospace landscape.
The year featured continual component shortfalls, explosive inbound materials cost increases and continuous globaltransportation disruptions. By Q4, major European manufacturers were exploring alternative sources to produce energy-intensive products such as chemicals and fertilizers, with the U.S. Current Year 2022.
Today we’re undertaking a digital transformation, supported by a move to the cloud, that’s setting the stage for automation and exception-based management across our globaltransportation network. 2 Blue Yonder was previously listed as JDA; the company rebranded to Blue Yonder in February 2020.
Whether subscribing to trade magazines, industry blogs, or following reliable sources on social media channels, find a way to stay in the know. Your transportation provider is also a good source of information. GlobalTransportation Supply Chain Ocean Shipping Sulfur Emissions Regulation Transportation'
Learn more about the state of globaltransportation in Resilinc’s Special Report: GlobalTransportation Disruptions and 2023 Supply Chain Outlook. EventWatch AI scans over 100M sources and sites for worldwide potential disruptions, identifying impacts in over 100 languages, 200 countries, and 50 event types.
Second, Descartes continues to expand and strengthen its transportation management system (TMS) footprint , as the slide below illustrates: Source: Descartes. (For related commentary, see guest commentary by Brian Hodgson from Descartes, The Agility of Integration: eCommerce, Warehouse Management and Shipping for SMBs ).
In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. Mid-Year GlobalTransportation Assessment.
Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced production supply networks in 2023. We pointed out that in 2022, more U.S.
Kuehne + Nagel, a globaltransport company based in Europe, recently upgraded their fleet for pharmaceutical deliveries. But to effectively grapple with their operations to make them faster and better, companies will have to be committed to streamlining their processes — from sourcing, to loading, to manpower utilization and more.
Moreover, machine learning can identify upstream delays, enabling contingency planning or alternative sourcing, and help lower storage costs. Trans Audit sets itself apart with true global audit capabilities, covering all modes of transportation via multiple locations in the U.S., Europe, China, and Singapore.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content