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As consumers and B2B customers increasingly expect more for less, businesses are challenged with offering faster shipping options, broader product assortments, and lower prices. Read more The post TransportationVisibility vs. SupplyChainVisibility – What’s the Difference?
FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportationvisibility market is FourKites. ARC Advisory Group did a study on the supplychain collaboration network (SCCN) a couple of years ago. In 2020, the visibility had just expanded beyond tracking shipments to providing yard visibility.
The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.
Global logistics and shipping provider Maersk has begun the roll-out of its new digital connectivity platform, OneWireless, aboard 450 vessels to enable smart container and cargo tracking solutions.
You've probably noticed that shipping costs are going up. Have you ever wondered if your transportation spend is as optimized as it could be? It's 2019, and consumers are expecting shipping to be cheap and quick, but that can turn into a real headache from the shipper's side of the equation if you don't make the appropriate changes.
But to get there, it’s imperative that industry leaders understand the significant work that’s still ahead – to be blunt, we have a long way to go – and continue to prioritize en supplychainvisibility as a linchpin to achieving broader digital transformation goals. So, what is true E2E supplychainvisibility?
For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” And the supplier might reply, “I only agreed to ship 800.” Carbon certificates can be viewed in the catalog or captured via advanced ship notices. Those types of disagreements disappear in a SCCN platform.
With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs. Tesla and TuSimple are investing in self-driving truck technology to increase operational efficiency over longer transport routes.
Supplychainvisibility is no easy task – in fact, defining what it means can be a challenge in itself. What is your definition of supplychainvisibility? This means you have to design a supplychainvisibility solution around your trading partners and suppliers.
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. FourKites is a leading provider of real-time transportationvisibility solutions. Not surprisingly, many of FourKites’ users work in transportation operations.
Not having adequate visibility to your shipments, orders, or products is an ongoing challenge for many companies. You may have very good visibility in some areas of your supplychain, but have poor visibility or blind spots in other areas such as transportation. SupplyChainVisibility Gaps.
Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
You can embrace challenges and changes knowing that supplychain digitization has made your processes pliant, adaptable to disruptions and, yes, resilient. Your supplychain should benefit from end-to-end supplychainvisibility and execution solutions that work together in a coherent supplychain orchestration strategy.
FourKites , the global leader in real-time supplychainvisibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions. Companies can accurately calculate shipping level emissions and compare them across specific time intervals.
Global shipping is national news with most stories covering the symptoms. Background on Ocean Transport. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 So, I write this blog with this bias.
Streamlining pre-shipping efforts creates efficiency and visibility In an IDC research survey, supplychain executives agree, “visibility, agility, supply diversification, and collaboration strategies” are the top responses for companies to mitigate supplychain risk from disruption.
Supplychain shortages abound. Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. The supplychain impact is unprecedented.
Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supplychain resulting. a) Across the various actors in any single transportchain.
Supplychainvisibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance.
When it comes to real-time visibility, the market is becoming more important and more robust than ever before. Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. Final Thought.
The right technology can help freight managers see what’s going on throughout the chain. Supplychainvisibility and collaboration come into play and makes a world of difference. This is where logistics managers and freight controllers can use supplychainvisibility and collaboration.
Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supplychain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes. They have a global presence and serve clients across North America, Europe, and Asia.
Krenar is the CEO and founder of Tive , a leading provider of real-time supplychainvisibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Most recently, Krenar founded the Global SupplyChainVisibility company Tive and serves in the CEO role.
Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Shippers should work with multiple carriers and tap into the value of both LTL and intermodal shipping too.
Trane Technologies uses the FourKites real-time transportationvisibility and yard management solutions to help optimize logistics. The equipment they ship is often too large to go in one truck and needs to ship in multiple pieces. They have a returns supplychain, including returnable packaging; returns can be tricky.
Proximity to raw materials, increased capacity, and labor costs are just a few of the ways that global supplychains work to save money for today’s top companies. However, the biggest pain point for these global supplychains is the one that seems inescapable – transportation costs. Supplychains get railroaded.
ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. The ZF supplychain is complex. This is a key technology for improved collaboration across an extended supplychain. Which ship are the components being shipped on.
Discover Ways to Boost SupplyChainVisibility through Digital Marketing Supplychainvisibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychainvisibility.
The Business Problem: Single-Source Dependencies Single-source, globally concentrated supplychains have emerged as a major point of vulnerability for many industries. China trade dispute further amplified these issues by introducing tariffs and export restrictions, leading to supplychain bottlenecks.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supplychain articles, and yesterday, the top 10 logistics articles.
A SCCN is a collaborative solution for supplychain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. SCCN solutions provide supplychainvisibility and analytics across an extended supplychain.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supplychainvisibility. In order to implement this visibility, it is crucial that companies take into consideration many elements.
Barry is the CEO and founder of Overhaul, an Austin-based company that provides intelligent, real-time supplychainvisibility, risk, compliance, and insurance solutions for global shippers and logistics providers. Tusk save Shippers 40% or more on small parcel shipping.
For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. However, over-the-road transportation costs remain low. Companies are also making upstream decisions about which inventory to place on transport and opportunities to pivot to higher-priority items.
Shipping freight across the world is a complex matter. First of all, for cargo owners, international transport and shipping can be complicated operations involving multiple stakeholders and several suppliers and contacts for a single shipment. It can also be unclear which supplier charged what.
Of course, international shipping is a complex service with countless moving parts, including regulations, security, capacity and legal considerations – all which can lead to a reliable and cost-effective shipment when tended to properly. Get your priorities straight to determine which transportation mode is best.
Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.
These disruptions occur for myriad reasons, such as factory disruptions in China or ships getting stuck in the Panama Canal. As these disruptions continue to occur, shippers and carriers need to have their supplychains across the globe connected for risk mitigation and improved ETAs for their customers.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Transportation and Logistics: The goal here is to minimize delivery costs while maintaining reliable service levels.
In this instalment of the series of articles written by the LSCMS Shippers Council, we strive to answer this and delve into the critical aspects of ocean transit time reliability and visibility within the supplychain. What is supplychainvisibility and why it is important?
Jake is the Chief Technical Officer at Gnosis Freight , the freight-tech company that pioneered the world’s first Container Lifecycle Management® Platform, which is a supplychain platform focused on the full lifecycle of shipping containers. Gnosis Freight offers a software platform for managing container shipping.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Aerospace and transportation equipment companies are investing in Arizona and New Mexico. Midwest U.S. Southwest U.S. Shipment consolidation for cost savings.
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. Ships also account for around 3% of worldwide greenhouse gas emissions [2] , contributing to the acceleration of climate change.
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