This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Data Visibility. Data is at the center of all decisions across the supply chain. And this is where data comes into play.
And technology is making it easier to prevent routing guide volatility and create more routing guide stability while increasing compliance. Challenges in routing guide compliance. Inadequate or outdated data remains one of the most significant challenges that face managers when it comes to compliance with routing guides.
Of course we’re talking about your ecommerce store’s data security. Exposure Through Data Transfer When you work with any third-party vendors, data is transferred between platforms. Data Security Protection 1.) who can see the data?), data encryption protocols (i.e.
Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Increased compliance with appropriate disposal or reclamation regulations.
Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.
Compliance training for the larger organization is an essential part of any compliance department’s scope of work. However, international trade compliance topics are usually very dry and not very exciting for most part. How can compliance training programs be made effective?
Your primary goal, of course, is to provide your customers with quality service so that you can reach your full potential and offer your services to more customers. Employee Safety Compliance. Background Check Compliance. In the pest control industry, the bulk of compliance regulations are tied to the use of various pesticides.
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.
Recycling and Disposal Companies collect used products for proper recycling or disposal, ensuring environmental compliance. Additionally, compliance with regulationsespecially for industries like electronicsprotects businesses from legal risks. Seasonal Products Unsold inventory is returned from retailers after a season ends.
Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.
The old-fashioned way of ensuring compliance — with armies of individuals spread across functions and locations, who might never speak with one another — is clearly broken. Now add to the burden of compliance the huge costs associated with supply-chain disruptions, and long-lasting damage to brands. Perhaps A.I. One place where A.I.
This, of course, leads to the expansion of cold storage facilities at various points in the supply chain as well, which includes warehouses, distribution centers, and retail outlets. Cold chain transportation providers must adhere to these regulations and maintain accurate records of temperature control measures to demonstrate compliance.
It is of great interest to us to find other resources that can help aid our customer shippers in continually improving through data and analytics. Top carriers will have dedicated classroom space, a well thought-out training course, and experienced instructors. Proper Compliance. How do you spot supplier risk with your carriers?
Of course, you can never be covered for everything, but a little bit of proactive management will go a long way. On top of that, fleet management software and analytic technologies show your companies’ compliance. For instance, GPS data helps you keep track of trucks and alert you when things go wrong.
Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. Implementing the solution involved cleaning up master data and mapping their complete global supply chain. The implementation was not trivial.
Every successful shipment hinges on the precision of the initial data provided. In the world of LTL shipping, where shipments often involve multiple carriers and touchpoints, the accuracy of the initial data becomes even more crucial. This co-sharing demands precise data from the get-go.
With the second deadline for Corporate Social Responsibility Directive (CSRD) compliance on the horizon, now is the time for shippers that qualify as “large undertakings” to take action – or risk not meeting the impending deadline, as Eric Geerts (pictured), Senior Director of Product Management at Descartes , outlines.
Automated technologies, such as radio frequency identification (RFID) and automated identification and data capture (AIDC), reports Adam Robinson of Cerasis , can enhance inventory flow and drive warehouse efficiency as well. Implement Vendor Compliance Programs. Put Away Stock as It Arrives.
Now of course, this continues to strengthen the need for a hard look at how we handle the Highway Trust Fund and how we deal with aging infrastructure. Well, basically, because getting freight in a smooth matter is clearly important to helping combat the capacity crunch as it is and of course, moving forward. Wide shoulders.
Artificial intelligence, neural networks, machine learning, robotics, mobile apps, big data, the cloud and Software-as-a-Service (SaaS). Of course, you will need a team of dedicated IT specialists to keep the system running. Of course, if you’re working with a legacy WMS that has served its time, you may not be able to automate at all.
Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.
Stale, Incomplete Data Is a Problem in Problem Solving. Usually it’s the data. Many times, the shipper goes to their IT department to get the data they need to run an analysis to find out how compliant they are or to look for strategies to lower their spend. Relevant data —how close to real-time is the data going to be?
He therefore begins what he calls the six “rights” of supply chain execution by focusing on the right product at the right price, which of course, retailers and CGM companies have always focused on. We need more granular data down to the SKU level, or even size and color, throughout the product life cycle.
Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. The action: prioritize carriers within the routing guide based on which are preferred for shipments, depending on origin/destination data. Download the White Paper. Request a SONAR Demo.
Most compliance managers in supply chain functions would readily agree that they hold ethical practices in high regard and likewise hold a firm moral high ground when making decisions in the course of their work. Reviewing compliance practices: HS codes & FTA eligibility. External self audits.
Therefore, in the absence of hedging, CPG companies should utilize as much freight-related data as possible to mitigate freight costs more effectively and improve supply chain efficiency. Those data sets and use cases include: Using data from electronic tenders and carrier surveys to assist in negotiations with carriers and 3PLs.
Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course.
is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Brian Rice, their chief information officer, stated in the annual report that “data is critical to everything we do as a company, and to our future growth.
While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. It is much better to look before you leap and test against historical data before you deploy. When Standardized Data is not Standardized Data. But it’s more than having data, it has to be the right data.
Percentage of products in compliance. It measures the percentage of products that are in compliance with government regulations and internal guidelines. It measures the percentage of products that are in compliance with government regulations and internal guidelines.
That being said, blockchain does indeed hold great value and the most significant benefits can be seen in industry compliance and traceability of products and services. Of course, there are still other factors that must be addressed for blockchain to be genuinely commonplace, including: An explosion of talent using blockchain technologies.
But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. Valuable data also comes from auditing pre-training performance as compared to post-training performance. Thank you, big data.) (Thank you, big data.)
The situation was—and continues to be—exacerbated by a reduction in turnaround speed in ports and terminals due to the need for compliance with social distancing and movement restrictions. Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite.
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! Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action. If your KPIs are common ones, it shouldn’t be a problem, of course.
The first of these, of course, is choosing a payment processor. Be sure to limit your search to only payment processors who maintain PCI (Payment Card Industry) compliance, the Payment Card Industry Security Standards Council’s information security standard. How does PCI DSS compliance affect my business?
Products, of course, can be picked up at the branches. Process is a very big topic, but two sets of processes are worth mentioning in more detail are Ferguson’s sourcing and global trade compliance processes. Across the US, Ferguson has 6.5 Goods are fulfilled to customers in a variety of ways.
Compliance with medical standards is checked by state-approved CE testing institutes depending on the category to which the goods belong. A Certificate of conformity or certificate of compliance must also be available. This coding means that the goods delivered are medical supplies due to the corona situation.
Of course, additional labor risks revolving around workplace safety, like horseplay among employees, can arise as well. In supply chains, cyber crimes can range from the theft of personal data to the incorrect or illegal use of proprietary software, technology, information or other tech-based resources. In the short-term future.
Digital technologies, reports Richard Howells of Forbes Magazine, including Big Data, analytics, the Internet of Things, social media, and point-of-sale reporting, enable business to know more about consumer needs and wants than ever before. Essentially, the digital supply chain is essential to gaining and maintaining competitive advantage.
Collaboration on product lifecycle management (PLM) data can provide advantages during initial costing and material acquisition. However, a technology solution that only provides visibility without a means to right the course isn’t enough to ensure reliability.
Of course, what you say is just as important as how you say it. You do you and look at the data to determine what sending profile best fits your client base. Consult this checklist if you’re unsure of compliance requirements. Anywhere from 15 to 98 characters and 3 to 9 words seems to be okay.
Did someone overlook something, and if not, how does the process handle refund requests and ensure compliance with expectations, like overnight and on-time delivery. In other words, the auditing process becomes data-based, letting shippers focus on shipping, not auditing.
Digitalization Will Continue to Reshape Logistics Digitalization, reports PwC, will become more critical to tracking changes in consumer behaviors, addressing the talent shortage, meeting compliance requirements for data protection, and more.
In everyday logistics, this means that data runs via Excel lists and e-mails – and when there is a problem, some people like to pick up the phone to find a solution. Data and good flows work better now in every aspect. The right use and control of good data is becoming the new recipe for success in transport and logistics.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content