5 Things You Should Consider before Writing a Supply Chain Policy

GlobalTranz

The post 5 Things You Should Consider before Writing a Supply Chain Policy appeared first on Transportation Management Company | Cerasis. Supply Chain Supply Chain PolicyA supply chain can make or break your business.

Develop a blueprint for policies and procedures

The Supply Chain Journal

The same goes for trucking companies without safety policies in place. Reliance Partners Director of Safety Robert Kaferle shared his thoughts on documenting policies and procedures. Teams that don’t follow a well-executed game plan aren’t expected to succeed.

Insiders

Sign Up for our Newsletter

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

The Nature of Transport Policy

Abivin

Transport policy is about making decisions about how to use transportation resources, while transport planning is about putting those decisions into action. Plans and policies People use the words "policy" and "planning" very loosely, and they often mean the same thing.

5 Things You Should Consider before Writing a Supply Chain Policy

All Things Supply Chain

While shipping and handling remain mostly unaffected by COVID-19 due to their lack of direct… General Supply Chain Management audit policies risk management supply chain supply chain policy

How to Tackle Today's Most Complex Inventory Challenges

Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental

Join three supply chain experts as they share their best practices and effective strategies for facing today’s most complex inventory challenges.

The De-Globalization of Supply Chains Is Reflected In Trade Policy

Talking Logistics

Read more The De-Globalization of Supply Chains Is Reflected In Trade Policy. The post The De-Globalization of Supply Chains Is Reflected In Trade Policy appeared first on Talking Logistics with Adrian Gonzalez.

Develop a Stocking Policy

Demand Solutions

And that leads me to the point of this article: your company needs a clearly defined stocking policy that guides decisions like these. The typical company stocking policy goes something like this: “One of our favorite customers said they would continue buying this product if we keep it in stock.”. If you’re serious about reducing inventory, you need a stocking policy that you can put down on paper and refer to throughout the year. One of your products had two “hits” in 2014.

Top 3 Most Common Inventory Control Policies

The Smart Software

To make the right decision, you’ll need to know how demand forecasting supports inventory management, choice of which policy to use, and calculation of the inputs that drive these policies.The process of ordering replenishment stock is sufficiently expensive and cumbersome that you also want to minimize the number of purchase orders you must generate. The post Top 3 Most Common Inventory Control Policies appeared first on Smart Software.

Smart Cities Need Smart Logistics Policies

Enterra Insights

Eugene Mulero ( @eugenemulero ) reports a study by the National Association of City Transportation Officials concludes, “Officials aiming to facilitate the flow of freight amid advancements in autonomous vehicle technologies need policies designed to reduce the frequency of freight trips while enhancing safety.”[3] … Freight and active transportation interests can have mutual policy goals. ” Smart logistics policies and plans.

China’s COVID policies fracture global supply chains

Resilinc

President Xi Jinping had ordered more flexible containment policies and local authorities were taking a lighter touch compared to the military-style containment campaigns waged earlier. And by last month, it became apparent that China is continuing its zero-Covid pandemic policies.

Watch: The State of the EU and Global Trade Policy

Supply Chain Brain

David O’Sullivan, Senior Counselor with Steptoe & Johnson LLP, outlines some of the major policy actions and concerns issuing from the European Union today

Stop Relying on Excess Inventory as an Insurance Policy

Supply Chain Brain

For some supply chain managers, the upheavals of recent years have justified their entrenched approach of relying on excess inventory as an insurance policy.

Will U.S. Manufacturers Benefit From a Stronger ‘Buy American’ Policy?

Supply Chain Brain

President Biden’s executive order reaffirming the “Buy American” policy for federal government contracting is meant to close the loopholes that have permitted some foreign sourcing of goods and services.

Honesty is the Best (Happiest & Healthiest) Policy

Enterra Insights

Benjamin Franklin is often given credit for saying, “Honesty is the best policy.” In 1599, Sir Edwin Sandys of the Virginia Company (the company that funded the original Jamestown Settlement) wrote, “Our grosse conceipts, who think honestie the best policie.”[1]

Amazon, Walmart to advise Washington on ocean freight policy

The Supply Chain Journal

will now have a say in shaping transportation policy in a public forum at the Federal Maritime Commission. Some of the largest and most powerful companies in the U.S.

How China’s zero-Covid policy is affecting global supply chains

Proxima

However, this couldn’t be more different for China, as the country continues to pursue a strict zero-Covid policy through lockdowns, spanning across some of the country’s key port cities. The post How China’s zero-Covid policy is affecting global supply chains appeared first on Proxima

Stop Relying on Excess Inventory as an Insurance Policy

Supply Chain Brain

Keeping excess inventory as a safety strategy is a losing proposition for companies. It doesn’t work because companies often hold inventory that’s not usable or is obsolete, representing a dead loss, sometimes on the order of tens of millions of dollars a year, to the company

Battery Trade Dispute Could Test Biden’s Green Policy Plans

Supply Chain Brain

The Biden administration’s first test of its climate change policy could come this week in a legal dispute over battery components seen as key to growing electric vehicle adoption in the U.S.

February 2021: Learn about the Top 3 Inventory Control Policies

The Smart Software

Epicor User Group Webinar: Top 3 Inventory Control Policies. SVP Research and Professor Emeritus at Rensselaer Polytechnic Institute, defines and compares the three most used inventory control policies. In this webinar Dr Thomas R. Willemain, Ph.D.,

Weathering the Trade Policy Storm: Trade Content is Key

Logistics Viewpoints

Protectionist trade policies are leading companies to shift their country sourcing practices as well as investments in automation and technology to help keep goods moving and visible. The post Weathering the Trade Policy Storm: Trade Content is Key appeared first on Logistics Viewpoints.

Viewpoint: Q&A on freight industry watchlist for climate and environmental policy

The Supply Chain Journal

president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves. JAKE MEDWELL: The chatter from DC this year has included a lot of talk about climate policy, energy and the environment.

Reveal Your Real Inventory Planning and Forecasting Policy by Answering These 10 Questions

The Smart Software

In this blog, we review 10 specific questions you can ask to uncover what’s really happening with the inventory planning and demand forecasting policy at your company. We detail the typical answers provided when a forecasting/inventory planning policy doesn’t really exist, explain how to interpret these answers, and offer some clear advice on what to do about it.

Watch: What Global Traders Need to Know About Biden’s ‘Buy American’ Policy

Supply Chain Brain

Doreen Edelman, partner and chair of the Global Trade & Policy Team at Lowenstein Sandler LLP, delves into the impact and nuance of the Biden Administration’s push to increase the percentage of American-made products purchased by the U.S.

Return Merchandise Authorization: What is RMA and Common RMA Policy Attributes

GlobalTranz

Furthermore, many RMA policies may have subtle differences with these common interests. Let’s take a look into how RMAs function and some common examples of RMA policy. At the heart of Return Merchandise Authorization policies, rests two primary functions of RMAs : to prevent improper returns and gathering information about the return. Common Examples of RMA Policy. Next, an RMA policy will need to have a chain of events for reviewing the following: Warranty policy.

Insurance basics: Selecting the right auto liability policy

The Supply Chain Journal

It’s imperative to know exactly what you need before signing the dotted line on any policy form, so don’t be afraid to ask an agent many questions. Another thing to keep in mind is insurance endorsements , which are amendments, modifications or additions to the original policy.

CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

ivalua

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. However, only 33% have defined official sustainable policies and targets.

Sports Jerseys and Lifetime Returns Policy

The UCLA Anderson Global Supply Chain Blog

From an operations lens, this retailing policy brings up a few interesting questions: With JA, the risk of owning a jersey is reduced, so how much more can the jersey manufacturer charge for jerseys? How does this liberal return policy change the demand for jerseys when a player switches teams? Bobby S. Nyotta and Christopher S.

Sports Jerseys and Lifetime Returns Policy

The UCLA Anderson Global Supply Chain Blog

From an operations lens, this retailing policy brings up a few interesting questions: With JA, the risk of owning a jersey is reduced, so how much more can the jersey manufacturer charge for jerseys? How does this liberal return policy change the demand for jerseys when a player switches teams? Bobby S. Nyotta and Christopher S.

How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

CHAINalytics

For the transportation component, … The post How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component? Blog Freight Market Intelligence Consortium Transportation Carrier performance Carriers Chainalytics Freight Delivery LTL On-Time-In-Full OTIF OTIF Policy Supply Chain Transportation Surge Volume Vendor Relations Walmart's OTIF

How Will U.S. Trade Policy Change Under the Biden Administration?

Supply Chain Brain

Expect to see some major changes in the United States’ relations with its trading partners in 2021, especially China

Weathering the Trade Policy Storm

Supply Chain Brain

Protectionist trade policies are causing companies to shift their country sourcing practices. The new normal in global trade policy is a stormy environment that is highly unpredictable. The recently published eBook, Weathering the Trade Policy Storm: Trade Content is Key , outlines what you need to know about what kind of volatility is coming, and what you need to do to seek shelter, including: Geopolitical changes that are stirring up shifts in policy.

Watch: The New Administration’s Impact on U.S. Trade Policy

Supply Chain Brain

John Scannapieco, chair of the Global Business Team at the law firm of Baker Donelson, addresses potential changes in U.S. trade relations and regulations on multiple fronts

TOP 3 COMMON INVENTORY POLICIES

The Smart Software

In this Video Dr. Thomas Willemain, co–Founder and SVP Research, defines and compares the three most used inventory control policies. These policies are divided into two groups, periodic review and continuous review.

How Fed Policy Impacts Manufacturer Profits and Supply-Chain Costs

Supply Chain Brain

A perfect storm of currency debasement, higher taxes, and declining purchasing power is driving manufacturers to focus on overall spend, cost-cutting, and the need to optimize cash conversion

How to Create Successful Returns Management Practices & Policies

Veridian Solutions

Retailers around the globe are working to create successful returns management practices to meet the demands of consumers, and today’s supply chain leaders need to understand how to create successful returns strategies, including policies that align with e-commerce. Consumers will turn to competitors for their purchases, even if it means paying a premium for free, easy returns policies. In other words, the policy itself impacts customer experiences and profitability.

Podcast | A New Trade Policy for the 21st Century

Supply Chain Brain

The framework for conducting global trade isn’t working. Time for a reset

AMA With Happy Returns: Understanding New Online Returns Policies

Convey

The post AMA With Happy Returns: Understanding New Online Returns Policies appeared first on Convey. As consumers become more accustomed to shelter-in-place, online orders have surged every week since […].

Finding the Right Solution for New Tax and e-Invoicing Policies in Colombia

Descartes

Another country within Latin America mandates new tax and electronic invoicing policies. The post Finding the Right Solution for New Tax and e-Invoicing Policies in Colombia appeared first on Appterra Collaborative Commerce. Colombia becomes the eight country to follow the e-invoicing trends of other countries, like Peru and Chile. The goal of the mandate is to reduce tax evasion issues from 22% to 0% by companies that conduct business in the country.

China, Tariffs, and Trade Policy. What’s Going On?

CH Robinson Transportfolio

China, Tariffs, and Trade Policy. If changes in trade policy have been giving you and your team whiplash lately, you’re not alone. Find out more about our trade policy group or register for one of our customs seminars in a city near you. The post China, Tariffs, and Trade Policy. Global Forwarding Market Update Supply Chain Consulting Featured Global Trade Tariffs Trade PolicyWhat’s Going On? Robinson.

What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing. Improved technologies now provide the ability to optimize truckloads simultaneously with inventory using pull policies. Hint: Inventory Replenishment Policies) appeared first on The Network Effect.