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It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supplychain organizations navigate through this crisis safely. . Demo in Network Design Navigator . Evaluate different scenarios . Ensure Resource Requirements .
Today’s successful supplychain networks are adaptable. Technology is part of the problem. As Lora Cecere writes , systems are becoming more complex, “but the primary means to manage trade with network partners is through spreadsheets and email.” Technology needs to be more accessible . This needs to change.
Global supplychains are growing and transcending traditional borders. As businesses continue to expand, outsource, and enter new markets, supplychains will continue to increase in complexity. Unfortunately, this is rarely the case, and the issue of supplychain fragmentation is only becoming more and more prevalent.
What is SupplyChain? Supplychain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Supplychains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer.
Some of the most cost-effective software and methods supplychain professionals and the best freight brokers can adopt are supplychain predictive analytics programs. While still relatively new to the supplychain, analytics implementations have skyrocketed in popularity since its birth a little over 10 years ago.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supplychain 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. must comply with SOX.
Some of the largest enterprises are still using old and obsolete methods and platforms. Embracing a new and improved interoperability-driven approach that applies advanced logistics technology helps freight management parties realize improved profit margins. Old-school platforms and methods end up being slow, cumbersome and unreliable.
The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Best of our blog . Spreadsheets still dominate in supplychainplanning, but as this blog by Chris Gordon tells us, that may not be for long. Read about it on the blog. . Bonus Content .
When it comes to supplychain, the vast promises of renewed visibility and traceability are abundant. This allows supplychain leaders to ensure consistency across activities, and if a problem does arise, data retained in the blockchain reveals why, how and what to do about such issues.
In response, the value of a blockchain trucking platform will grow, and according to our CEO John Monarch, “all the jobs a driver does, the business, the maintenance, the taxes, and so on, can be done with the push of a few buttons. A Blockchain Trucking Platform Will Empower More Owner-Operator Truckers.
Load capacity limits play a crucial part in a supplychain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.
Importing freight to the US comes with challenges, ranging from outdated technology to inefficient communication. That’s why we developed TrakItPRO, a state-of-the-art cargo visibility tracking system designed to streamline freight forwarding for companies like yours. Experience the difference with TrakItPRO.
You already know the biggest supplychain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supplychain running as smoothly as possible in the meantime? The way you plan your 2021 will be unique to your business, depending on your industry and how you’ve been impacted.
To help you stay informed during the summer months and close the year with impact, we prepared a list of our most popular content on supplychain analytics for your reading and viewing pleasure. The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Best of our blog.
What can SupplyChain leaders do to mitigate the risks that these disruptions bring to the SupplyChain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to SupplyChain Network Design? Agility and Resilience.
Drayage planning is essential for global retail shipping supply lines and deals primarily with ocean imports. This is also known as first-mile shipping and planning protocol. As explained by SupplyChain Game Changer , “Drayage services are more essential than ever. Download the White Paper.
And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management. According to Business Wire , “Supplychain analytics holds the key to mitigate a number of businesses complexities. Download the White Paper.
We’re back and shining our spotlight on one of Parade’s supplychain solution partners, Turvo. Turvo’s Collaboration Cloud and modern TMS applications help streamline people, processes, and data for global supplychains. As a true SaaS provider, Turvo delivers rapid ROI with speedy, CX-guided implementations.
A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supplychain network. And technology is making it easier to prevent routing guide volatility and create more routing guide stability while increasing compliance. Faulty processes throughout the supplychain.
Blockchain in the pharma supplychain can dramatically affect the success and verifiability of pharmaceuticals. Failure to maintain proper temperatures or traceability within the pharma supplychain can have disastrous outcomes that directly impact patients and their family members. Consider the following use cases.
And that helps to create entirely new ways of viewing the supplychain to proactively hedge risk. . The inability of shippers to do this can lead to many problems that can greatly impact the profitability and overall success of the supplychain. Lower profits mean less revenue for paychecks, upgrades and technology.
Managing the manufacturing supplychain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supplychain constraints are impossible to avoid, but they can be planned for to reduce their impact.
How does your company define success in the supplychain? Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Shipping status tools to track freight.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Right now, global demand-supply matching technology imparts a surprising competitive advantage for carriers and transporters.
Here’s why you should be investing in technology that helps you snag up top-notch recruits. In the supplychain, companies often use the lure of , valuable technology to bring in new customers. It also provides recruits with the opportunity to learn a new system, new skills that may help their career down the road.
Here’s why you should be investing in technology that helps you snag up top-notch recruits. In the supplychain, companies often use the lure of , valuable technology to bring in new customers. It also provides recruits with the opportunity to learn a new system, new skills that may help their career down the road.
Managers can calculate freight rate charge estimates to see what needs to be passed on to customers and what needs to be made up for elsewhere in the supplychain. The best freight calculator system allows for flexibility and can be used to focus on a number of specifics. There’s plenty that can affect landed costs.
Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. Additionally, shippers can benefit from mobile data usage in building the supply value chain.
As globalization extends supplychains around the world, the likelihood of negative impacts stemming from supplychain disruption increases. Supplychain disruptions are an inevitability for any supplychain, though the severity of the impacts can vary. Types of SupplyChain Disruptions.
This necessity has driven the emergence of innovative logistics software companies offering specialized solutions for the retail sector. In this blog, we spotlight the top six retail logistics software companies in the US , examining how they are revolutionizing logistics management and setting new standards for efficiency and reliability.
The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Best of our blog. Spreadsheets still dominate in supplychainplanning, but as this blog by Chris Gordon tells us, that may not be for long. Read about it on the blog. Bonus Content .
This remains key to the overall success of investments within supplychain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Things will go wrong. Think about it.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supplychain managers. The purpose of these specialized guides is primarily to enable a quick adaptation of a shipment plan agreement between involved parties. Download the White Paper.
Creating quotes the old-fashioned way opens supplychains to several problems that can affect bottom-line profits and customer satisfaction. That can even happen on a good day where things go as planned; on a bad day, it can be devastating. . Supplychains, while redundant, are prone to risks and delays.
The most impactful outside event, the holidays, is on the horizon and businesses are gearing up to meet increased consumer demand while navigating the complexities of supplychains. With tools like SONAR, tracking across all the various modes, it becomes easy to identify when others in the industry are changing strategies.
With so many shipping modes and options to choose from and a wealth of innovative technology to take advantage of, it can quickly become overwhelming and confusing. Capture market data in near-real-time Real-time data represents a valuable tool for logistics managers when planning and adapting routes for the real world.
Many more traditional supplychain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supplychain professionals to focus less on solving challenges and more on cost reductions. The transition to cloud solutions in supplychain management.
Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Companies were forced to adapt quickly to a volatile market and supplychain disruptions throughout the pandemic.
It’s crucial for retailers, e-commerce platforms, 3PLs, FMCGs, and other logistics players in Mexico to embrace state-of-the-art logistics software to overcome the challenges of this rapidly growing sector. But what exactly defines state-of-the-art logistics software? from 2017-2029.
What is a supplychain strategy? A supplychain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supplychain strategies have come into the spotlight as volatile demand and complicated global markets have made supplychains more complex.
Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supplychain. Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Download the White Paper.
Supermarkets and grocers across the region now sell their products on digital platforms. Food delivery platforms like Deliveroo and Otlob in Egypt and Careem NOW in Saudi Arabia have also started offering groceries on their platforms alongside their roster of meals from restaurants. Locus’ Guide To Omnichannel Fulfillment.
What this blog is about: Using automation and digital disruption to transform supplychains. Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Industry 4.0
What this blog is about: Using automation and digital disruption to transform supplychains. Logistics stakeholders are continuing to digitalize operations—and supplychains—through new technologies that meet customer expectations and keep up with global trade challenges. Industry 4.0
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