Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin is currently the Senior Vice President for Supply Chain Effectiveness at Breakthrough Fuel , but prior to that he was the Senior Director of North America Logistics Operations at Whirlpool, another company that decided to invest in US manufacturing a couple of years ago (see “ Whirlpool, On-Shore Production, and Employee Talent ”).

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Blockchain is Coming to Transportation – Here’s How

Talking Logistics

The transportation industry has long discussed blockchain with a healthy dose of skepticism or has taken a wait-and-see approach to its adoption. A modern, multi-modal Tier 1 TMS can now take data from all sources, cleanse it and use it. Even though most have little-to-no IT support or technology, they dominate a mode of transportation that can’t be ignored. The framework for creating a truly viable transportation visibility blockchain network is within our grasp.

Frost & Sullivan: Freightera Among Key Automated Freight Solutions in North America

Freightera

Frost & Sullivan places Freightera among ‘Key Automated On-Demand Brokerage Solutions in North America’ along with Uber Freight and Convoy. trillion USD in 2025, with transportation accounting for a majority of the spending at about 70 percent, or $11.8 Despite rapidly growing uptake of technology by freight shippers and transport companies alike, Frost & Sullivan predicts that by 2025, freight digitization will be taking off, with 3.7

What’s Driving the Increase in Transportation Management Technology Spend?

Talking Logistics

DC Velocity and Descartes have conducted a transportation benchmark study for the last two years to help transportation professionals understand what is driving the market, and how the strategy and tactics of top performers differ from the rest of the pack. This year’s study again showed that IT spend in transportation management is expected to increase. Figure 1: Transportation IT Spend Change Next 2 Years (Source: Descartes).

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. In North America the low hanging fruit for long-haul loads is rail.

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As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring. Lean Transportation Policies.

As Fuel Prices Rise, Here's How Supply Chains Can Cut Transportation Costs

Elementum

Transportation can be a significant part of a business’ logistics costs— potentially upwards of 55 percent. Fuel price is driven primarily by five factors: demand, refinery maintenance costs, transportation constraints, crude oil prices, and geopolitical disruptions. In an attempt to reduce the length of transportation for products in the supply chain, several industries have taken to nearshoring. Lean Transportation Policies.

Pillars to a Successful Transportation Experience: Carrier Management

CH Robinson Logistics

Pillars to a Successful Transportation Experience: Carrier Management | Transportfolio. As the market continues to tighten, what’s your transportation strategy for handling fluctuations? Companies with supply chains that span more than one continent often have shipments, whether inbound or outbound, being transported to various regions of the world to contend with. Transporting goods such long distances nearly always comes with additional nuances to plan for.

Increased demand and regulations create new challenges for multi-temp carriers

DELMIA Quintiq

The demand for refrigerated food distribution has changed dramatically over the past several years, in turn adding the complexities of shelf-life, perishability and refrigeration requirements to the logistics of food transportation. With industry sources reporting record high rates for the refrigerated trucking market, as referenced recently by Food Logistics , carriers are looking to capitalize on the strong demand and tight capacity for refrigerated trucks. Dot Transportation Inc.

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Pillars to a Successful Transportation Experience: Carrier Management

TMC

As the market continues to change, what’s your transportation strategy for handling fluctuations? Companies with supply chains that span more than one continent often have shipments, whether inbound or outbound, being transported to various regions of the world to contend with. Transporting goods such long distances nearly always comes with additional nuances to plan for. In other words, small carriers own most of the available capacity in North America.

Pillars to a Successful Transportation Experience: Carrier Management

TMC

As the market continues to change, what’s your transportation strategy for handling fluctuations? Companies with supply chains that span more than one continent often have shipments, whether inbound or outbound, being transported to various regions of the world to contend with. Transporting goods such long distances nearly always comes with additional nuances to plan for. In other words, small carriers own most of the available capacity in North America.

The Definitive Guide on Produce Season Transportation Impacts

Zipline Logistics

Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. The largest impacts start in the South and move their way up the US latitudinally – think Florida to Georgia to North Carolina, and Texas to California to Washington to Oregon. Even if you don’t grow or ship produce, your transportation performance and spend can still be directly impacted. North Carolina. North Dakota.

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

They were able to take variable costs, fixed costs, transport costs, different transport types and many other options into account. . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Florence Et Al.

Supply Chain Shaman

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. To prepare, stratify your suppliers into strategic, single source and high volume flows. Attempt to find alternate sources from geographical areas that are not projected in the path of Florence. Transportation will become more variable; and even scarce. Work closely with transportation carriers. Last year transportation price increases were 2-5%.)

Still Managing Exceptions Manually? How a TMS Can Help

Talking Logistics

In the good old days, your transportation management system (TMS) could manage nearly all of your transportation workflows. The heart of this exception management is extended visibility into your transportation execution. A highly configurable TMS can optimize transportation execution and exception management with visibility-driven workflows. Your customers demand personalized transportation experiences and knowing product detail with shipments is critical.

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Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? Transportation logistics software solutions play a key role in effectuating this change. The survey shows that a full third of companies with global supply chains intend to move their sourcing and manufacturing activities out of China in the next few years.

This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Oracle Announces New Releases of Oracle Transportation Management and Oracle Global Trade Management. TMW Systems Announces New Products, Features that Enable Transportation Businesses to ‘Make the Most of Now’ HighJump Announces Brewers’ Edge. Like Transplace, the company developed its own cloud-based transportation management system (TMS) called the Blackbeard Technology Suite , which it couples with managed services.

Food and Beverage Industry Reevaluating Strategies to Combat Coronavirus

USC Consulting Group

“After speaking with the EU and Canada about impacts to their dairy industries, we must prioritize the safety and availability of our workforce, ensuring transportation routes remain open, and providing a viable market or market alternatives for our nation’s dairy products.” It is a delicate balance to run a business in times of economic uncertainty. On one hand, you want to be optimistic, but on the other, you must also be realistic.

Is the 3PL Industry Becoming Barbell Shaped?

Talking Logistics

The road to Coyote’s IPO has been paved with various acquisitions, including Access America Transport, which the company acquired last March (read my commentary here ). Robinson and XPO Logistics (Source: quotes.wsj.com). Source: Adelante SCM. Looking at the numbers and recent news, investors are betting big on the future of the logistics industry.

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From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. or Canada, make certain to watch our video on customs best practices with Ben Bidwell, director of North America customs and compliance, in order to better understand requirements, expectations and regulations for PPE. Watch our expedited ocean shipping video with Ali Ashraf and Greg Scott to explore if this smart transportation solution is right for your supply chain.

Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. Companies like ELIX Polymers and Fresenius Medical Care North America have chosen SC Navigator because it makes powerful prescriptive analytics accessible and allows them to quickly answer very specific questions about their business.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

E2open Acquires Transportation Management Systems Provider Cloud Logistics. Like I wrote earlier this week, there is always something new to talk about in the transportation management systems (TMS) market. For Cloud Logistics, this acquisition will help the company expand its solution footprint (which today is mostly over-the-road and intermodal transportation) and grow its geographic presence beyond North America.

Mitigate Logistics Disruptions Due to COVID-19

Transplace

Identify shifts where suppliers potentially source their shipments. The new COVID-19 dashboard also includes daily alerts issued by states and countries, as well as municipalities, airports, and other transportation infrastructure sources. Full Visibility and Control over Shipping & Transport Modes. Connect with a Transplace expert to learn more about innovations in logistics management services in North America and Europe: transplace.com/transplace-contact.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 Other data sources, however, suggest the market is in good balance. A few years ago, when the market was similar to today, I wrote about a Fortune 500 company that could have saved millions of dollars in transportation costs by putting its freight out to bid. Leading Practices in Transportation Procurement.

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

In addition, with 80% of global car production requiring parts from China, the shutdown made it difficult for global vehicle makers within China and elsewhere around the world to source parts required for building cars. An optimistic estimate of 95% of automotive assembly plants in Europe and North America remain close. Because of the unevenness and uncertainty in sourcing parts, transportation capacity and warehousing availability, the use of 4PLs will increase.

Optis Consulting

ivalua

OPTIS Consulting is a premium consulting firm focused on Source-to-Pay Transformation Services in North America. Our purpose is to bring market-leading Source-to-Pay platforms to our clients. The OPTIS team is comprised of supply chain and procurement experts who understand your processes and utilize Source-to-Pay platforms as tools to drive value across your organization. [link].

Demand-Driven Transformation at Shell

Supply Chain Shaman

Shell’s current shift to the global supply chain is impacting North America, Latin America, Europe, Middle East, Asia, Russia, and China. To prove the concept, Nick decided to run a simulation and tested the North America market. North America Simulation Output. First Results: The simulation in North America projected a 35% drop in finished product working capital (the difference between the blue line and the red line in Figure 7).

This Week in Logistics News (August 17-21, 2015)

Talking Logistics

For example, although Infor has acquired various transportation management system applications over the years (CAPS Logistics, Arzoon, ShipLogix), GT Nexus offers a more modern, network-based solution for clients, and as I discussed earlier this week in my takeaways from the GT Nexus Bridges 2015 conference , GT Nexus is making significant investments in expanding and enhancing its TMS capabilities and footprint. Where to Find Supply Chain Innovation (Source: Adelante SCM).

Hub Group acquires Exel Transportation Services

Supply Chain Network

NASDAQ: HUBG), one of the nation’s leading freight transportation management companies, announced today that it purchased Exel Transportation Services (ETS) for $83 million before post closing adjustments. ETS is now a wholly-owned subsidiary of Hub Group, operating independently under the name Mode Transportation. We are looking forward to working with the Mode Transportation team to continue its growth and expansion in the years to come.” Hub Group, Inc.

This Week in Logistics News (December 5-9, 2016)

Talking Logistics

The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. Ryder has a network of over 800 service locations in North America today. The Colorado Transportation Department and infrastructure developer Aecom Inc. On my morning walks to grade school, I would pretend to be an astronaut, jumping in zero gravity over the sidewalk cracks, my backpack filled with oxygen.

Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

The empty container supply has also dwindled in regions where China trade has been a catalyst, primarily North America and Europe, this can have a ripple effect if these empty containers do not get repositioned back to China to support the increase demand that is anticipated at the tail end of March into April. It’s important to look ahead to determine your transportation needs as demand is expected to surpass available capacity in the coming weeks. Backup sourcing options.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? Of course, when your product sourcing, manufacturing, and delivery span the world, challenges will arise. Global Forwarding Global Transportation Logistics Supply Chain Consulting

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

We are supporting mobile connectivity for our clients and their carrier partners, allowing updates to come directly from the source that is performing the activities and removing several layers that are present today in EDI or manual processes ”. That last point gets to the heart of this solution’s value proposition: getting more timely and accurate visibility to transportation activities. Ever get a song stuck in your head?

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3 Ways Robotics Are Crucial to Aerospace Manufacturing & Design

Cerasis

In partnership with KUKA Systems North America, Boeing developed a robotic manufacturing process for its aircrafts’ fuselages. Sources of electromagnetic energy range from solar radiation to mundane electrical systems. Twitter The post 3 Ways Robotics Are Crucial to Aerospace Manufacturing & Design appeared first on Transportation Management Company | Cerasis. The United States aerospace manufacturing industry is a highly competitive one.