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Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOX Compliance?
This article outlines key factors driving supply chain change, the limitations of outdated strategies, and how Walmart is restructuring its supply chain using AI and automation. Sustainability tracking systems are also ensuring compliance with evolving ESG regulations.
The Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services. FMC Establishes Ocean Carriers Audit Program.
Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. As one respondent said, “COVID just woke us up to a trend that had already been occurring.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. As compliance costs rise, freight rates are expected to adjust accordingly. Ensuring compliance with evolving regulations to mitigate financial risks.
Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?
50 Most Read Articles of All Time From the Cerasis Blog. We will feature the 50 most read articles of all time from the Cerasis blog by covering the 50th most read counting down to the most read blog of all time. Without any more words or ado, here are the 50 most read articles from the Cerasis blog of all time!
Over the past decade, Trade compliance professional jobs have undoubtedly increased all over the world. In each country and in company, these roles have been designed to address immediate needs and important perceived risks and hence trade compliance jobs can have very different scopes of work in different companies.
Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year. However, modern transportation management systems are looking to change this trend. Addressing the Truck Driver Shortage.
This article by Morai Logistics highlights 5 of the most prominent supply chain trends to be mindful of in 2020. An Industry Week article further expounds on the value of a green supply chain, Transportation is the second largest source of greenhouse emissions after electricity generation, Lapide noted. Going Green.
Carrier compliance, to a small extent, took a backseat as shippers were eager to make new friends with those who could get their product off the docks and to the end user in a race to satisfy consumer demand. the need for capacity waned and began the downward trend (as shown by the white line) regarding carriers in the market.
A prominent retailer incorporated environmental, social, and governance (ESG) criteria into its supplier selection process, enhancing its reputation and ensuring compliance with regulatory standards. He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career.
This once-popular strategy flies in the face of the modern trend of striving for lean production processes, but those companies which were carrying buffer inventory are weathering the Coronavirus storm better than most. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary.
This article explores how adaptive supply chains can help businesses thrive. In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.
Supply chain professionals in the cold chain space have observed the steady rise of this trend and are ready to heed the call. Cold chain transportation providers must adhere to these regulations and maintain accurate records of temperature control measures to demonstrate compliance. READ THE FULL ARTICLE
Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. Today’s ESG landscape is shaped by regulatory compliance and customer expectations, which act as primary driving forces.
Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1. Did you find this article interesting?
Here are some details from the article: After completing a load, carriers receive a prompt within the app to rate the facility and have up to seven days to provide feedback. In short, this trend could give rise to a new transportation role: “Transportation Facility Brand Manager.”. Descartes Acquires Visual Compliance.
Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design. For example, start at the sourcing process to find, all else being equal, more sustainable suppliers, women-owned, or have characteristics that support compliance.
Image source: Public Domain Pictures | The Growth of Cross-Border E-Commerce: Trends and Predictions Over the past few decades, cross-border e-commerce has grown tremendously. This kind of product has gained enormous popularity abroad, and its success serves as an example of industry trends worldwide.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.
As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. By harnessing the power of LLMs, supply chain professionals can: Enhance demand forecasting: Predictive models can analyze historical data and market trends to provide more accurate demand forecasts.
This trend is not limited to large corporations; SMBs are also seeking flexible and scalable solutions to meet their storage and distribution requirements. Complex Regulatory Environment : Navigating local regulations and compliance requirements can be daunting for businesses without dedicated logistics expertise.
Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career. He has significant experience building products from the ground up and managing the P&L for a product suite.
Trend Metrics Collected per Product: Confirmed Product Quality Complaint Rate by Product. Trend Metrics Collected per Site. Self-assessment processes including risk assessments, trending and audits. Inspection criteria include the establishment’s compliance history and the inherent risk of the drug being manufactured.
It’s this trend toward customer-driven supply chains that is making flexibility and agility critical attributes for success. In short, Verwijmeren echoed a key takeaway from “ Staple Yourself to an Order ,” a famous Harvard Business Review article by Benson P. What impact is this having on technology requirements? Shapiro, V.
Bridget McCrea, writing in “Logistics Management,” identifies 8 trends that are currently impacting the industry: Wireless now accommodates a sharper focus on efficiency and transparency. For the details on each of these trends, please read Bridget McCrea’s full article. Manage regulatory compliance. Dynamic Content.
With e-commerce trending upward, it increases the likelihood of repeating those trends and paves the way for more supply chain disruption. Analytics tracks industry trends, can ensure compliance, and help management understand the metrics of their business. Shorten the Payment Clock With Integrated Freight Settlement.
Thirdly, suppliers and buyers are finding it increasingly difficult to do business due to the need for compliance with the continuing barrage of harsh sanctions. At the time of writing this article, Ukraine and Russia have finally signed a deal allowing grain exports from both countries to recommence.
And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Download the White Paper.
This article will explore the role of pest control drones, highlighting their advantages, challenges, and impact on the industry. We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology.
This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. If so, you might try leaning on some of the advice offered earlier in this article. The outcome was a severe global container shortage.
Knowledge of the existing trends can also provide insight into what one may expect from the trucking industry in the coming year. Knowledge of the existing trends can also provide insight into what one may expect from the trucking industry in the coming year. The trend is expected to continue at the start of 2019.
This trend, according to FTR, shows indications that “the worst may be over for shippers,” adding that shippers are seeing the best environment in more than a year, due to stabilizing rates and moderating fuel prices, too. Article Topics. Compliance to U.S. marking an improvement over September’s -7.6, as well as the 8.8
Whether it’s more mentorship involving women or increased experience, confidence and education, this trend of growing women-owned enterprises (WBEs) also is happening in transportation and logistics. What are some of the factors driving this trend? The number of women-owned businesses is growing 2.5 Women can make strong leaders.
Some of the key trends to expect are: Higher shipping costs. Some of these barriers will be monetary in nature, in the form of various direct fees, and associated cost-of-compliance fees for shipping companies. Longer shipping times. Unexpected delays (mainly in the near future). Greater regulatory burdens.
In a press release, the TT Club advised that with an estimated occurrence of serious fires on a 60-day average, a more comprehensive approach is required to arrest the trend of ship fires. The complexities of the global container trades increase rather than diminish, ” concludes Storrs-Fox
Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. The Right Logistics Service Provider Can Help You Navigate the 2019 Logistics Trends. Compliance to U.S.
These numbers clearly indicate that ICE takes worksite enforcement very seriously and companies should prioritize a commitment to compliance,” says Dawn M. The agency also pursues an outreach effort called the ICE Mutual Agreement between Government and Employers, or IMAGE program, to instill a culture of compliance and accountability.
Credit Suisse analyst Allison Landry wrote in a research note that despite the subdued tonnage growth for ODFL, shipment trends are better than expected, while the pricing backdrop remains relatively strong. Article Topics. Compliance to U.S. December 6, 2018. About the Author. Jeff Berman, Group News Editor. LTL ·.
In this article we’ll go over 5 ways to successfully manage your supplier business so you can fulfill all of these requirements. You can combine this with a vendor compliance program to make incoming shipments integrate smoothly with your operations. Your WMS can help you with dynamic slotting so you can keep on top of your inventory.
This proposes the question of what will be a trend in this industry in the very near future. If you want to stay on top of this trend, maybe it would be a good idea to consider allowing users to sign in as guests or have a one-page short form or autofill fields”, says Julia Goodwin, a tech blogger at Writemyx and Academicbrits.
“More than a quarter of all revenue for sellers on Amazon globally was from cross-border transactions in 2017, up more than 50 percent from the year prior, Amazon Vice President Eric Broussard said in an interview,” as reported by Jeffrey Dastin in a recent article in Reuters.
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