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.

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

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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.

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.

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.

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.

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.

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.

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.

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 […].

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

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.

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.

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.

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

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.

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.

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.

6 Tips for Writing an Excellent Ecommerce Shipping Returns Policy

GlobalTranz

Because of this reality, return requests are inevitable, so it’s important that you have a proper ecommerce shipping returns policy. Make it Accessible Don’t hide your policy, make sure it is located in an easy to find location; your customers will appreciate it. Nobody wants to go searching around a site for the return policy, and you don’t want it to seem as if you are hiding it. It’s important that your policy is very clear, and not open to interpretation.

Weathering the Trade Policy Storm: Trade Content Is Key

Supply Chain 24/7

Supply chain storms aren’t going away, and as you seek solutions to shelter your company from uncertainty, grow into new regions, or try to maintain your existing base, you need to equip your supply chain team with the right gear

Adapting the Supply Chain to Protectionist Policies

Material Handling & Logistics

If a U.S. border tax was enacted some retailers that are big importers could see their net profits plummet by almost 80%, while exporters of manufactured goods could see their net profits soar by 50% or more. read more. Global Supply Chain News

Policy or Practice? Supply Chain Risk Management in Reality

All Things Supply Chain

Procurement and supply chain management are logical functions. Work through a process, and you can bring spend and transactions into a managed state. Apply a framework and you can bring… Supply Chain Management risk management supply chain management supply chain transparency

TOP 3 COMMON INVENTORY POLICIES Copy

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.

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

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.

KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

NC State SCRC

In its earnings release , Kraft Heinz said it received a subpoena last October related to its “accounting policies, procedures, and internal controls related to its procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to its agreements with its vendors.”. Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital.

Effect of Rare Earth Elements (REE) Ban Policies By China On Global Supply Chain

Resilinc

Download the full analysis report here. supply chain risk management supply chain disruptions supply chain event supply chain risk crisis management impact rare earth minerals

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.

Why Grinch-Like Policies Won’t Save Your Christmas Margins

MP Objects Supply Chain Orchestration

The holiday season is a time of giving and receiving; UPS alone is anticipating delivering about 750 million packages. However, if you work in retail, it is also the unenviable time of mass returns and exchanges. According to the 2017 Consumer Returns in the Retail Industry report, “Total merchandise returns account for more than $351 billion in lost sales for US retailers.”. Omnichannel E-commerce Fulfillment Supply Chain Visibility Reverse Logistics

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.

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.

Amplify Whiteboard chat #4 – Policy Agents

Axway

In my final Whiteboard chat, we look at the Policy Agent capabilities of Amplify. Amplify Policy … Products AMPLIFY API Management API Security APIs

Amplify Whiteboard chat #4 – Policy Agents

Axway

In my final Whiteboard chat, we look at the Policy Agent capabilities of Amplify. Amplify Policy … AMPLIFY Products AMPLIFY API Management API Security APIs

How your business can take advantage of Section 301 tariff refunds

CH Robinson Transportfolio

Freight and Transportation Services Policy & Government updates Customs brokerage Featured Policy TariffsIf you’re a U.S. company importing from China, you may have tens of thousands or even millions in tariff refunds waiting for you.