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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 SOC Compliance?
Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.
Any warehouse design exercise that doesn’t include a rigorous approach to designing the processes and equipment layout for Order Picking, is suspect. The location of SKU’s in the pick-face or slotting is important here as well, (See the “Slotting” article above). Order Picking is the productive operation in a warehouse operation.
So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. But first, what is route optimisation? Let’s take a brief look at some of them.
Matt Yearling’s articles ranked on both Logistics Viewpoints’ and Talking Logistics’ most-read article lists for 2019. . Here’s a synopsis of his most-read articles for the year and the evergreen insights that he shared with readers: Excess Inventory? No Problem. You Have Trailers in The Yard. Talking Logistics).
This article explores how adaptive supply chains can help businesses thrive. By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. This data-driven approach enables faster decision-making and better risk management.
Today’s article comes from Emerge, and looks at how to create full truckload budgets in a volatile market. Although it’s important to acknowledge that shippers bring varying levels of sophistication to the FTL budgeting process, for many companies it comes down to a bare bone, two-part exercise.
In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. That is now becoming a reality as businesses come to realize that data is the most significant asset they possess. Growth of IIoT. Quality control.
Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Smart software procurement choices, in areas such as business intelligence, risk assessment, and data management, will allow you to make predictive models for supply and demand in times of local, national, or global uncertainty.
In this article I will outline, firstly, the reasons why organisations outsource logistics activities, and secondly, what the key drivers are for outsourcing success. Very detailed specifications must be prepared by enterprises, with full disclosure of all available data before a quotation from service providers is attained.
If you’ve never done a benchmarking exercise before, read on. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. You might know other people in the industry who are also operating warehouses so you might agree to share some data with them.
This article explores two such ways modern digital tools can elevate the performance of 3PLs on the way to creating stickier customers. The WMS simply mirrors and presents any dedicated, stored data to the customer without interrupting ongoing operations. But can technology do more? The answer, of course, is yes.
If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘. P art One , Two and Three can be found here.
Start with shock testing to gather data about your normal shipping routes. You can also test different packaging materials and strategies, and get quantifiable data about how much better, or worse, different routes, shipping methods, and packaging are for the contents of your boxes and pallets.
As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs. Delivery service levels.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘.
Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. But what makes it so challenging to implement S&OP successfully? The Demand Planner.
They did a benchmarking exercise with us and we found that the industry standard was about 40 lines per hour. Having been trained and motivated, the supply chain manager will then be expected to perform the following duties: Gather the relevant productivity data. Decide the focus of the programme. Determine operating methods.
In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. The company had access to huge amounts of trade data, for example. It is not enough to have data; you need the right kind of data!
So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. Let’s take a brief look at some of them.
If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. You’re in a good place.
With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. Of course, it’s not a panacea.
Cloud & Big Data. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. These 3 master data elements contributed to almost 50-60% of planning issues. Business Process Outsourcing.
Since I first published this article back in 2009, warehouse design principles haven’t altered that much, but as we received many comments, including requests for more information, I figured it might be a good idea to expand on the original piece. Outbound Logistics: Keeping Customers Satisfied. You have to do the best with what is available.
The following text is of a presentation given at a 2019 Wiliams Foundation conference, ‘Sustaining self-reliance’ As the original article cannot be found on other sites, it is provided here with some slight adjustments. Secondly, it advocated to protect, modernise and leverage the mobility triad of surface, air and prepositioning.
At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. Although freight benchmarking is not a complicated process, it may prove challenging because the data your company needs is unlikely to be readily available.
In my last article of 2018, “ Which Trends Will Change the Rules of Logistics in 2019? ”, I talked briefly about urban logistics and megacities. I want to dedicate my first article of the year to take a closer look at the specific consequences of urbanization and how they can be approached. Data-driven approach.
Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.
As reported by Reuters, “Amazon could build a stake of almost a third in warehouse robotics firm Balyo in the next seven years…Under the terms of the deal, Amazon will receive free stock warrants representing up to 29 percent of Balyo’s capital which it can exercise depending on orders of the company’s products.
We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction. However, in this article, we’ll focus exclusively on the cost factor, drawing your attention to some questions you might ask yourself (and your team) about your facility’s energy usage.
In this Article, Daniel discusses the importance of positivity on and around the manufacturing floor and the industry itself. It’s time to exercise that authority. Editor's Note: This is a guest blog from our friend Daniel Waldron from Armagard. The Manufacturing floor redefined.
While regular re-slotting is a recommended practice, you don’t want to have to do it within a few months of the original exercise. You should be able to identify such items during your data evaluation, so you can set them aside and exclude them from your slotting strategy. And remember that you don’t have to slot everything.
De Beers’ Tracr can provide provenance data for diamonds and track them from the mine to the retail outlet. The result of the collaboration is the Food Trust Blockchain , a distributed ledger solution capable of recording data associated with more than a million individual products. Big Names are Backing Blockchain.
What’s covered in this article: Identified Problems in Driver Safety. They must exercise caution while driving in poor weather conditions. Installing IoT sensors in trucks, which are integral in working with traffic data, can prevent accidents. Benefits and Costs of Automatic Emergency Braking Systems.
As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Track, Trace and Collect Data from Key Partners. By Cosmas Hoefnagels for Talking Logistics.
Physically, the long hours sitting behind the wheel, lack of exercise (or for many OTR drivers little physical movement at all) and easy access to unhealthy food and drinks all take their toll on driver health. The severity of those mental health conditions is obvious in data like this: 13.6%
Data and processes are fundamental to supply chain work. Understanding data and being able to draw actionable conclusions from it, using IT or other tools made available, is a capability of growing importance. As in other domains, data analysis and business intelligence requirements and opportunities are now on the rise.
This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. 3 Good Reasons to Start With Internal Benchmarking.
Strategic failures emerge when ‘thinkers’ are separated from ‘doers’, ‘strategists’ from ‘planners’ and ‘soft data’ from ‘hard data’. The control of logistics resources, especially in capability development, is influenced significantly by the desire to attain and exercise power within the institution. Strategic failure.
His article “ The Common Pitfalls of Demand Planning ” appeared in the December 2018 issue of Supply Chain Management Review. Not only are their perspectives and metrics different but their data are different. The data only has to be captured once. So now the silos have data in common. It never needs to be re-entered.
In this article, we will get to know Consumer Packaged Goods, the types of CPGs available, and the types of packaging you will need if you also plan on transporting CPGs via freight services. Sometimes, some CPG goods also require special considerations or practices during transportation. This is especially true for specialty goods.
to the complex exercise of pricing. It’s that latter quality that applies to data-heavy disciplines such as pricing. driven system can help to sort signal from noise: it can determine the point at which the model is in danger of being swamped by too much data, not all of it relevant. Comment on this article.
For most of human history, the success of that exercise has rested on the appointed seer’s years of experience, coupled with some indefinable grasp of probability. has helped humans to get a better grasp of the possibilities, as they sift through the mass of information called “big data.” Comment on this article.
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