INDUSTRY INSIGHTS YOUR PEERS ARE READING
Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. o Transport—unnecessary movement of product. o Space—holding places for unnecessary inventory. Risk Management. MORE
Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. While there are thousands of possible supply chain risks in various supply chains, supply chain execs should keep these risks top of mind. MORE
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. MORE
This is our 9th post in our strategic transportation management and logistics series. When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. When you do engage and hire a 3PL for effective transportation management, it is vital that you look at this relationship as a partnership and not a commodity. Constantly Think About Risk. MORE
Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. MORE
Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management , diverse markets, widespread collaboration, and technological advances. With the onslaught of information on the Internet and its applications, data will prove to be an important aspect of future supply chains. Furthermore, the use of such data can be applied to creating verifiable forecasts for needs in inventory. MORE
Resilinc Announces SupplyIntel Corporate Social Responsibility (CSR) Module to Protect Against Brand Risk. DOT Secretary Foxx sends transportation bill to Congress (Logistics Management). 3PL Supply Chain Risk Management Supply Chain Technology Trends This Week in News APICS C.H. MORE
There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air transport ais a vital part of international commerce. MORE
A lot of data/information is communicated in batch and serial mode, sometimes hours or days after a transaction or event occurs. Nobody really owns or is accountable for supply chain visibility and data quality management. For many companies, it’s not having good visibility to what’s happening at their supplier’s supplier (or even knowing the identity, location, or other information about their supplier’s supplier). Inland transportation in developing countries. MORE
While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Importance of Metrics in Reverse Logistics Management. MORE
How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control. MORE
I became very familiar with risk management early in my professional career. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for. MORE
My prediction from two years ago that blockchain technology would make its debut in supply chain management continued to blossom into reality in 2017, with the following headlines making the news in just the last few months: SAP Blockchain Initiative Expands to 27 Members. MORE
Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Supply Chain Black Swans Are Perceived as Minimal Risks Supply chain black swans are considered inescapable threats. MORE
Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. For example, customs brokers should keep you informed on container arrival times, so you can make sure that everything is in place to smooth the way for rapid clearance of the box. MORE
As a result, inventory management processes grow more effective, making the way for both just-in-time delivery options and better customer service. MORE
Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. MORE
It is proven time and time again that those companies who master all of the chains in the many faceted practice of supply chain management have a competitive advantage. Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. MORE
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. MORE
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. Manage working capital. Supply Chain supplier relationship management MORE
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%. Supply Chain Risk Management. MORE
Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. Background Previously we published the article named " 10 Greatest Supply Chain Management Books of All Time ". However, they asked "What are some good transport and logistics book you''d recommend?". MORE
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System. MORE
When I moved into industry, and the real world, I managed engineering teams. Each project would usually have a cool name, and management exposure. Manufacturing is the foundation of my interest in supply chain management. Stage 2: All about Transportation. MORE
Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. Our transportation operations are simple and straightforward.” MORE
In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. 3) Risk Management: In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers. MORE
In previous posts , we’ve explored ways to prepare for supply chain disruptions that are predictable using the rich functionality of modern transportation management system (TMS) technology. In today’s uncertain world, supply chains are more sensitive than ever to unplanned risks. MORE
The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. MORE
However, some ERP systems may have extensive costs, which would easily outweigh the purchasing price of individual Warehouse Management Systems ( WMSs ) and Supply Chain Management (SCM) suites. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs). How will the software benefit my inventory control measures? As your business grows, you supply chain software will need to expand. MORE
more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels? MORE
If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Those were some of the major risks identified.”. MORE
Simply put, achieving true end-to-end supply chain visibility takes considerable more time, money, and resources than many companies are investing today — and it also takes a more enlightened approach to supplier selection and management. Putting a dollar figure on poor supply chain visibility, and how the costs break down, not only helps you gain upper management support to take corrective actions, but also helps you to prioritize those actions. MORE
Here’s one of my predictions for 2016 that hit the mark: Blockchain Technology Will Make Its Debut in Supply Chain Management. Throughout this year, we’ve seen various announcements related to the use of blockchain technology in supply chain management. MORE
Every transportation firm sees the utility of having a transportation management plan. It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Thus, it becomes inevitable for transport companies to devise a transportation management plan that factors in all these variables. C onclusion Transport management covers many variables. MORE
states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Up to date inventory status. Supply chain risk management MORE
Globe-spanning supply chains are now exposed to a wider array of risks than ever before, elevating the importance of detection time as a measure of performance. Managing adverse weather conditions is part and parcel of transportation planning. MORE
Information Inventory Risk Management Transportation Logility
FEBRUARY 23, 2016
I became very familiar with risk management early in my professional career. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for.
Kinaxis
NOVEMBER 11, 2016
states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Up to date inventory status. Supply chain risk management
Supply Chain Shaman
MAY 13, 2015
When I moved into industry, and the real world, I managed engineering teams. Each project would usually have a cool name, and management exposure. Manufacturing is the foundation of my interest in supply chain management. Stage 2: All about Transportation.
Talking Logistics
JULY 27, 2015
How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control.
The Logistics of Logistics
MAY 6, 2013
There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air transport ais a vital part of international commerce.
Talking Logistics
JANUARY 8, 2016
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.
|
Talking Logistics
JANUARY 8, 2018
If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Those were some of the major risks identified.”.
Talking Logistics
MAY 2, 2014
Resilinc Announces SupplyIntel Corporate Social Responsibility (CSR) Module to Protect Against Brand Risk. DOT Secretary Foxx sends transportation bill to Congress (Logistics Management). 3PL Supply Chain Risk Management Supply Chain Technology Trends This Week in News APICS C.H.
Talking Logistics
JUNE 5, 2017
A lot of data/information is communicated in batch and serial mode, sometimes hours or days after a transaction or event occurs. Nobody really owns or is accountable for supply chain visibility and data quality management. For many companies, it’s not having good visibility to what’s happening at their supplier’s supplier (or even knowing the identity, location, or other information about their supplier’s supplier). Inland transportation in developing countries.
Talking Logistics
DECEMBER 20, 2017
My prediction from two years ago that blockchain technology would make its debut in supply chain management continued to blossom into reality in 2017, with the following headlines making the news in just the last few months: SAP Blockchain Initiative Expands to 27 Members.
Talking Logistics
MARCH 2, 2016
Simply put, achieving true end-to-end supply chain visibility takes considerable more time, money, and resources than many companies are investing today — and it also takes a more enlightened approach to supplier selection and management. Putting a dollar figure on poor supply chain visibility, and how the costs break down, not only helps you gain upper management support to take corrective actions, but also helps you to prioritize those actions.
|
TMC
JULY 28, 2017
Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port.
Supply Chain Opz
OCTOBER 27, 2013
Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. Background Previously we published the article named " 10 Greatest Supply Chain Management Books of All Time ". However, they asked "What are some good transport and logistics book you''d recommend?".
Cerasis
MAY 31, 2018
Every transportation firm sees the utility of having a transportation management plan. It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Thus, it becomes inevitable for transport companies to devise a transportation management plan that factors in all these variables. C onclusion Transport management covers many variables.
TMC
JULY 28, 2017
Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. For example, customs brokers should keep you informed on container arrival times, so you can make sure that everything is in place to smooth the way for rapid clearance of the box.
Supply Chain Movement
JANUARY 19, 2015
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%. Supply Chain Risk Management.
TMC
OCTOBER 27, 2016
In previous posts , we’ve explored ways to prepare for supply chain disruptions that are predictable using the rich functionality of modern transportation management system (TMS) technology. In today’s uncertain world, supply chains are more sensitive than ever to unplanned risks.
TMC
NOVEMBER 18, 2015
Globe-spanning supply chains are now exposed to a wider array of risks than ever before, elevating the importance of detection time as a measure of performance. Managing adverse weather conditions is part and parcel of transportation planning.
Cerasis
FEBRUARY 4, 2019
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.
Talking Logistics
MAY 22, 2016
Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. Our transportation operations are simple and straightforward.”
Talking Logistics
DECEMBER 16, 2015
more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels?
Cerasis
APRIL 25, 2016
The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs.
Cerasis
SEPTEMBER 6, 2017
As a result, inventory management processes grow more effective, making the way for both just-in-time delivery options and better customer service.
Cerasis
SEPTEMBER 14, 2017
Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. While there are thousands of possible supply chain risks in various supply chains, supply chain execs should keep these risks top of mind.
Supply Chain Opz
MARCH 6, 2015
In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. 3) Risk Management: In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers.
Cerasis
APRIL 6, 2015
Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain.
Cerasis
AUGUST 6, 2018
Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Supply Chain Black Swans Are Perceived as Minimal Risks Supply chain black swans are considered inescapable threats.
Cerasis
MAY 6, 2015
Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. o Transport—unnecessary movement of product. o Space—holding places for unnecessary inventory. Risk Management.
Cerasis
MARCH 4, 2015
It is proven time and time again that those companies who master all of the chains in the many faceted practice of supply chain management have a competitive advantage. Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University.
Cerasis
JULY 30, 2015
Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management , diverse markets, widespread collaboration, and technological advances. With the onslaught of information on the Internet and its applications, data will prove to be an important aspect of future supply chains. Furthermore, the use of such data can be applied to creating verifiable forecasts for needs in inventory.
Cerasis
JANUARY 5, 2016
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System.
Cerasis
AUGUST 3, 2015
However, some ERP systems may have extensive costs, which would easily outweigh the purchasing price of individual Warehouse Management Systems ( WMSs ) and Supply Chain Management (SCM) suites. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs). How will the software benefit my inventory control measures? As your business grows, you supply chain software will need to expand.
Cerasis
JULY 20, 2015
While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Importance of Metrics in Reverse Logistics Management.
Cerasis
AUGUST 17, 2015
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. Manage working capital. Supply Chain supplier relationship management
Talking Logistics
DECEMBER 16, 2016
Here’s one of my predictions for 2016 that hit the mark: Blockchain Technology Will Make Its Debut in Supply Chain Management. Throughout this year, we’ve seen various announcements related to the use of blockchain technology in supply chain management.
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