Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing is the heart of today’s global supply chains, and decisions made on sourcing impact everything from transportation and shipping costs, to both social and regulatory compliance concerns. Sourcing decisions can complicate or simplify this process.

Midstream Transportation Trends: The Future of Oil and Gas Industry

PLS Logistics

Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. Blog midstream oil and gas oil oil and gas oil and gas logistics oil and gas shipping oil and gas supply chain oil prices

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Private Blockchains Could Hurt the Shipping and Logistics Industry

Shipchain

Some companies are even hopping on the “blockchain bandwagon” without considering whether it’s actually useful in their industry. In the shipping and logistics industry, enterprises are already beginning to realize that private blockchains are simply not the solution they’ve been sold. They’re the game changer that will improve the entire supply chain industry moving forward. Public blockchains can provide uniformity across the entire industry.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. Molycorp, a key producer in the 1980s, and other companies shipped their oxides to China for refining and value-added production into metals, alloys, and magnets. He is a frequent contributor to industry forums, publications, and blogs.

Touchless Fulfillment and Shipping!

Supply Chain Game Changer

Touchless fulfillment and shipping article, and permission to publish here, provided by Jenis Sheth. The transportation & logistics industry found new ways to go touchless during this pandemic. One such instance is that of the transportation & logistics industry.

How to Reduce Product Damage During Shipping

Cerasis

If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common. The problem is so pervasive that it has spawned an industry of consultants, software and tracking technology. According to Packaging Digest, corrugation is 71% weaker in a high-humidity environment, and this can lead to product damage during shipping. .

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Factories around the world produce millions of items of clothing and accessories for top European and American brands, which are packaged, shipped and sold in every country worldwide.

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What the “New Normal” in Shipping, Logistics, and Transportation May Look Like

Shipchain

Seemingly everything has been shaken up by COVID-19, and the shipping, logistics, and transportation industry is no different. Now, all of those norms are long gone, and it has left the shipping, logistics, and transportation industry wondering what lies ahead once COVID-19 begins to decline. So how might the industry look in the wake of COVID-19? It is too soon to say with certainty, but here are a few moves that we can expect the industry to adopt.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! It offers a finely tuned supply chain, with experienced suppliers, that will design, prototype, build and ship products at a fraction of the time it takes elsewhere. You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 GPCA confirms GCC chemical industry’s key problem is ensuring a smooth flow of raw materials to reach production plants across the globe for finished good production.” But the chemical industry is still lagging in digitisation.

The Wisdom of the Crowd (Sourcing) Doesn’t Apply to Commercial Shipping

Supply Chain Collaborator

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Sixteen months later, a virtual lifetime in the technology realm, the crowd sourcing economy shows no signs of slowing with numerous solutions emerging across a host of industries. Consider the TV program Shipping Wars as an illustration.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our Logistics Newsletter to receive regular industry updates . The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

The Industrial Impact of the COVID-19 Crisis

Logistics Bureau

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. Since then, the impact on manufacturing and global supply chains, across multiple industry sectors, has been significant. Pinpointing the Industries Hit the Hardest. The Auto Industry. Shipping.

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Retail Shipping Perfection is a Costly Reality

Zipline Logistics

However, as the retail industry evolves and changes to meet the demands for the modern consumer, that is exactly what retailers look for from their suppliers. Over the past several years, key industry incumbents have begun to build their supply chains and retail freight requirements to match the new reality of consumption. What Does that Mean for Your Retail Shipping Efforts? There are many moving parts in retail shipping. Complete Guide to Costco Shipping.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. And the strategy has paid off: Where China saw industrial production plunge 13.5 Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations. Covid 19 Global Sourcing

UPS Announces Sunday Shipping

Intelligent Audit

In recent years, that focus on experience has extended to shipping. While Amazon is the biggest eCommerce player, and therefore the single biggest potential source of eCommerce business for carriers, UPS is banking on getting a greater share of the pie by soliciting other major players in eCommerce, such as Walmart, Target and other Amazon competitors. This is an important indicator as to Amazon’s plan in the shipping space, and how carriers like FedEx and UPS are reacting.

The Lowdown on Shipping: Parcel, LTL, and FTL

SupplyPike

Freight and parcel shipping. Freight is a vital foundation for virtually any industry that relies on the transportation of goods. Image source. Freight shipping includes larger goods that exceed parcel specifications. Parcel shipping, sometimes referred to as package shipping, is the most common type of shipping for smaller, more lightweight, individual shipments.

The Consumer Packaged Goods Industry Shines During the Pandemic

Enterra Insights

Colin Stewart, Executive Vice President of Business Intelligence at Acosta, notes, “All industries are feeling its effects, but brands and retailers in the consumer packaged goods industry are among those on the front lines of this fight. ”[1] The first impact felt by the CPG industry was panic buying. According to Tricia Ewald, a Managing Partner for marketing and communications at ICF, the CPG industry has stepped up to meet pandemic challenges.

Medical Supply Industry Challenges & Solutions

EazyStock

It’s no secret that the medical industry is facing major challenges worldwide due to Coronavirus. Finally, on top of these wild demand changes, sourcing has become a new challenge. It’s an overwhelming time for manufacturers and distributors in the medical supplies industry, and no area of the supply chain will be restored to normal anytime soon. Difficulty Sourcing from Suppliers. Any goods that don’t pass inspection can’t be shipped out.

How Global Pandemics Impact Shipping

Intelligent Audit

Over the last month, the Dow Jones Industrial Index has been down over 10%, with an extremely high level of volatility. The repercussions for global trade, and shipping in particular, have also been significant. Shipping Impact from COVID-19. Shipping by sea to either the U.S. There are a variety of ways that a continued pandemic will impact supply chains and shipping. Sourcing.

Five Major Changes Happening Right Now in Industrial Distribution

The Network Effect

Big things are happening in today’s industrial distribution landscape–five big things, to be exact. And they are causing an uproar in the industry as they all occur simultaneously. Experience also includes mobile, order history, personalization, workflow management system, and free shipping and returns. This is evolving rapidly as industrial distribution consolidation continues to pick up pace, and it is also fueled by both eager sellers and eager buyers.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments. For instance, Martine Jarlgaard and Provenance are working toward this process in the fashion industry. The days of managing supply chains through databases and changing information are over.

Blockchain: A Single, Immutable, Serialized Source of Truth

Material Handling & Logistics

Acquire the source materials: add a block. And so on, from source to end-customer receipt. Always Available: A Shared, Distributed “Source of Truth”. Thousands of suppliers, carriers, freight forwarders, expeditors, insurers and many other parties are working to produce, store, ship and deliver materials and goods across virtually every time zone on Earth. No source vendor means there is no need for a recurring contract or service provider relationship.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Integrating a ship-from-store strategy can enhance customer service and serve as an important competitive differentiator. The challenge is determining if and when a ship-from-store strategy makes sense and how to best enable this fulfillment option without impacting store productivity and service. Ship from store has gained traction based on changing shopper expectations and buying trends. How does implementing a ship-from-store strategy impact the supply chain network?

The Smart Shipping Container Revolution

GTG Technology Group

Shipping containers are an integral part of the world’s supply chain. With smart sensors on the rise and connectivity increasing, there is a bright new future ahead for the shipping container. High-Connectivity in Shipping. Complex management systems track shipping containers across the globe. Transportation management systems (TMS) use this information in combination with cutting-edge software solutions to monitor shipping times, routes, and logistics.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

However, Amazon is shaking up the mix by seeking to make today’s e-commerce practices obsolete, and shipping and logistics providers need to understand why. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store. Consumers are also expecting more of manufacturers and shipping companies. Shipping and Logistics Providers Seek to Attract Millennials.

A Global Shift for Manufacturers: Industries with Increased Demand

USC Consulting Group

It is difficult to put into exact figures the effects the coronavirus pandemic has had on global industry. But some businesses and industries—like toilet tissue, hand soaps and sanitizers, and face mask manufacturers—are experiencing a heavy increase in demand.

Avoid These Parcel Shipping Mistakes to Reap Big Benefits

BluJay Solutions

What if I told you I could help your company save thousands of dollars in parcel shipping costs? In a single carrier environment, you limit your ability to find the best shipping option. Having a multi-carrier shipping solution solves this first mistake. When margins are tight and budgets are thin, where do you find the money to invest in a carrier agnostic, third party shipping application?

Selling on Shopify for Beginners: Sourcing, Designing, and More

ShipBob

The platform is held at a very high standard in the ecommerce industry. What’s my shipping strategy? Source your products. Before you build an online store, you need to source your products. Determine how you will handle shipping.

How is COVID-19 Bringing a Drastic Change in Trend for Ecommerce Industry?

Vinculum

In fact, as mentioned by Selics in its most recent survey, brands are facing shipping issues but more than 28% of respondents continue to say sales are going up for some eCommerce based brands. To answer the question, top industries which have shown an increase in sales are: Food and beverage. Other industries include religious accessories, CBD products and several others. What’s working for the industries? Retail stores are closed based on industries.

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5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

Cerasis

Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things. Growth of the Industrial Internet of Things Continues.

Expediting Recalls in the Food and Beverage Industry

AFFLINK

Regulations such as the Food Safety Modernization Act make F&B companies responsible for policing their supply chains, but it still takes a long time for companies to trace the sources of contamination and eliminate it. A food inspector scans a barcode on the pallet that the mango was shipped on. This would give the industry the ability to quickly expedite food recalls – or even eliminate them altogether. This is a sorely needed capability for the industry.

Why Hasn’t the Music Industry Supply Chain Responded to the Vinyl Resurgence?

Kinaxis

by Kevin McGowan If you read any of the articles about the “vinyl resurgence” in the music industry, it’s easy to understand why record companies, artists, and fans are getting so excited. However, one thing that we need to really think about is this: If people want to buy LPs, what is the established supply chain to get the LPs produced, packaged, and shipped to these listeners? The vinyl resurgence surprised many, and the industry has been slow to react in many ways.

IATA Launches IATA ONE Source Platform

Supply Chain Brain

The International Air Transport Association (IATA) has launched IATA ONE Source, an online platform that enables the air cargo industry to match shipping needs with the availability of infrastructure capabilities and certifications of service providers

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