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For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects.
Change can be a good thing, particularly when it comes to getting a better handle on your supply chain spend. Managing supply risk is not a new concept; however, with growing dependence on suppliers paired with more complex global supply chains, it comes with greater challenges. Digitization is Your Friend. How do you do that?
While these tips may not be possible for everyone or every shipment, hopefully, you’ll find one you can start implementing to reduce your freight costs. When you can, plan and ship early or after peak times. Evaluate Packaging and Product Design for Logistics Now this tip is more of a hefty task, but it’s certainly one to consider.
Editor's Note: This guest contribution the Cerasis blog comes from our friends over at Fronetics an inbound and content marketing company who specializes in marketing for companies with a keen value adding business model for those in the supply chain and logistics industries. Supply Chain Planning Starts with Looking Back.
Lost packages are a worst-case scenario for all ecommerce business owners, but that doesn’t mean they’re completely unavoidable. Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?)
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Top 10 Countries supplying seafarers. Top 10 Countries supplying seafarers. By Deadweight Capacity. Officer Rank.
Planning a Warehouse Network and Design: Key Factors to Consider. Some Tips for Multi-Warehouse Network Planning. Let’s begin with a look at network planning, because whether your company requires one warehouse or five, your service, efficiency, and costs will be influenced heavily by your choice of location and capacity.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Tips on Budgeting for a WMS Implementation If you’ve made it through the past few challenging years, you already know your technology will be key to remaining competitive.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supply chain from all sides.
Massive supply chain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supply chain. There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers.
Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. Is your supply chain running as effectively as it should be?
Supply chains are changing fast, and 2025 is set to bring even more challenges and opportunities. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward.
We pick up where we left off yesterday from posting the Top 10 Manufacturing Blog Posts for 2014 by page views from the Cerasis blog by featuring the Top 10 Supply Chain Blog Posts in 2014. What did you find most intriguing in the Supply Chain arena in 2014? Top Supply Chain Blog Posts for 2014. I hope you enjoy!
One of the most challenging tasks in the food and beverage industry involves making sure foods and supplies reach their destination in top form. What makes this particularly difficult in the modern supply chain is the number of parties or partners that exchange goods — often there are many. Rogue Ale — based in Newport, Ore.
Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done. The 6 Supply Chain Trends You Can’t Afford to Ignore.
Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. But if you and your team are perplexed over performance measurement and management, the following tips might help you get KPI selection right. How hard can that be?” I hear you ask. What Makes a “Right” KPI?
From sailing in domestic to international waters, these tips from Trans Global Auto Logistics will help you stay safe while navigating your boat and have a more enjoyable sailing experience overall. So whether you are a beginner or an experienced sailor, make sure to read through this list of sailing tips.
From sailing in domestic to international waters, these tips from Trans Global Auto Logistics will help you stay safe while navigating your boat and have a more enjoyable sailing experience overall. So whether you are a beginner or an experienced sailor, make sure to read through this list of sailing tips. Overboard Emergency Plan.
We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. With all the retail coming out of the west, freight rates in the east are going to be a bit lower due to supply and demand forces at play.
Of course, if you’re an eCommerce business owner, your paths are almost guaranteed to cross, even if you never actually step foot inside a fulfillment center. Pro tip: Want to make your reading experience extra fun? So far, this scenario only involves a manufacturer and a market, so it falls under first-party logistics.
COVID-19 and the subsequent economic fallout was a trying time for both businesses and supply chains in 2020. Of course, this is nothing new to the industry, but the COVID-19 pandemic made companies innovate ways to establish or maintain a strong online presence. Plan your transportation budget.
1: Have Access to Data and Know It The first part of this tip should be simple. Ideally, your third-party logistics provider (3PL) should be providing this for you, but if not, some good resources to check out are FreightWaves , Transport Topics , or Supply Chain Dive. Plan in time to do this. Seek out resources to help you.
Some Quick and Easy Tips for Supply Chain Cost Reduction. Supply Chain Cost Reduction. Reducing Supply Chain Cost may not be as ‘hard’ as it seems. In the World of Supply Chain, things are mostly not complicated. 80% of the problems I see in Supply Chain and Logistics have quite an easy fix.
That being said, it’s not always easy to know where to begin, so here are a few tips to help you get a well-structured, methodical, warehouse review/redesign process under way. It’s also important to document any constraints that will impact your plans to meet those objectives.
One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources. Freight Broker Tips and Resources (LinkedIn). Join These 5 Online Communities.
That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too. The whole picture requires close attention when it comes to optimizing shipping routes in the modern supply chain.
Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. That’s where the crossroads of a tech-driven approach to solving the challenges of supply chain risk management lie.
5 Tips to Enhance Your Own Distribution Center | Image source: Pexels The dynamism of activities is typically cited as a distinction when discussing the significance of logistics for a business. The post 5 Tips to Enhance Your Own Distribution Center appeared first on Third Party Logistics Toronto, 3PL, 3rd & Supply Chain Solutions.
Image source: Flickr | 5 Practical Tips to Improve Your Distribution Center Operations The importance of operations is typically cited as a differentiator when discussing the significance of logistics for a business. Having stated that the following five strategies will help to enhance work in distribution centers. At 3PL Links Inc. ,
The company also plans to utilize its Whole Foods locations’ parking lot space as distribution centers, placing fast delivery ahead of the in-store shopping experience. Of course, the actual percentage of sales will vary significantly, depending upon several factors including product weight, value, and basket size.
Is your supply chain ready for the Year of the Dog? If the factories you work with are shutting down completely until early-March, make the necessary arrangements to find other sources of supply (if you haven’t stocked up in advance). The Chinese New Year is right around the corner. Prepare for an extended holiday period.
Try these tips from Penske to keep all things that go bump in the night off the road and away from your moving journey. In addition, smart phone GPS maps are primarily designed for cars only, so take extra time to plan a route that accommodates your truck's height. Don't be tricked; give your truck the right "treat."
As the global supply chain settles into the COVID19 technology driven and customer-centric decade, there’s no time to pause and reflect on what has happened. Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations.
Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. In that type of scenario, the gains in accuracy and speed might be better achieved by slotting products intelligently along the aisles.
Freight management analytics reduce confusion over what happened Problems will arise despite the best planning and preparation, but freight management analytics can help reduce their frequency and severity while making the entire process more streamlined. They have advanced and brought faster and easier-to-understand supply chain KPIs.
9 Golden Rules for Meaningful Supply Chain KPIs. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy.
The paper, of course, covers a swathe of topics and concepts. Logistics is the connective tissue of force posture, ensuring the viability of forces by the timely (and time-dependant) provision of personnel, materiel, stores and supplies. This is, of course, a normal goal for logistics planners to have.
Severe weather events can disrupt the supply chain causing lag and bottlenecks, especially during a true black swan event in which trucks are rerouted for emergency relief. So what can you do to prepare your supply chain against such events? Know in advance where road construction is planned. A Reason for the Season.
Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. Today, the question is more about how much inventory is sufficient to safeguard the supply chain from disruption. inventory turnover days.
Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Furthermore, the uncertainty carries over to supply chain finance goals and hopes as the world prepares for a lengthy recovery.
In today’s supply chain business, where customers increasingly expect faster, better, cheaper service, success often turns on gleaning real-time visibility into shipments in transit. Of course, the kind of RTTVP you use depends on the outcomes you desire. Almost without thinking, the student answered, “The ball is white, teacher.”.
I have to make a confession… I’m guilty… Because just like most professionals, in most industries, when I talk about change I overuse the term “change management,” especially when sharing tips and advice for supply chain transformation. Transform Your Supply Chain with Good Change Leadership.
While having a good diet for truck drivers might seem difficult, with a little preparation and planning, it can be doable and keep you hauling freight for years to come. Keep reading for tips, food ideas, benefits to healthy eating, and more so you can find a healthy diet convenient. TIPS FOR A HEALTHY DIET. PLAN AHEAD.
When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. But what exactly is a Supply Chain Analytics app? Pre-packaged vs custom built supply chain analytics apps.
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