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Of course, we live in a high technology powered supplychain 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. When I say system, I truly mean it.
Global supplychain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supplychain executives totaling in the millions. That’s where the crossroads of a tech-driven approach to solving the challenges of supplychain risk management lie.
Being listed on a last-mile-delivery service platform and reaching a much broader customer base beyond the neighbors became a must-have for survival. For businesses of all sizes, the digital transformation of supplychainplanning became the most important initiative. . Digital Transformation Journey.
Change can be a good thing, particularly when it comes to getting a better handle on your supplychain spend. Managing supply risk is not a new concept; however, with growing dependence on suppliers paired with more complex global supplychains, it comes with greater challenges. Digitization is Your Friend.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supplychain predicated on lowest-cost principles. Increasing supplychain data visibility is a priority for logistics organizations looking to improve resilience. The COVID-19 crisis has hit the global supplychain from all sides.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Transitioning from legacy systems presents hurdles that add to the true cost. Calculate software costs – Consider the price of the software solution.
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 supplychain and logistics industries. SupplyChainPlanning Starts with Looking Back.
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 SupplyChain Blog Posts in 2014. What did you find most intriguing in the SupplyChain arena in 2014? Top SupplyChain Blog Posts for 2014.
Supplychains are changing fast, and 2025 is set to bring even more challenges and opportunities. This year, its all about resilience, sustainability, and using technology wisely to stay ahead. Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward.
Call it a cop-out if you like, but seriously, predicting which logistics and supplychain 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.
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, SupplyChain and Trade. Top 10 Countries supplying seafarers. Top 10 Countries supplying seafarers. By Deadweight Capacity.
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. When China shut down operations in a bid to contain Covid-19, supplychains ran out of material. How can businesses create the supplychain of the future?
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.
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.
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.
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.
In today’s supplychain business, where customers increasingly expect faster, better, cheaper service, success often turns on gleaning real-time visibility into shipments in transit. To improve visibility and control across your transportation network, a real-time transportation visibility platform (RTTVP) is essential.
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 supplychain is the number of parties or partners that exchange goods — often there are many. GET YOUR FREE WHITE PAPER.
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.
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?) 9 Tips for Minimizing the Risk of Lost Packages An ounce of prevention is worth a pound of… not losing your packages?
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.
Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supplychains in decades. Furthermore, the uncertainty carries over to supplychain finance goals and hopes as the world prepares for a lengthy recovery.
3 SupplyChain Trends to Track in 2019. We’ve had a busy final quarter of 2018 here at Logistics Bureau, so it was somewhat later in the year than usual when I got to thinking about what’s been going on in the supplychain world at large, and which developments are likely to keep the industry on its toes in the coming year.
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.
WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. Major E-Commerce Entities Are Working to Drive Down Delivery to Less Than Two Hours E-commerce entities are not without a set of tools to achieve two-hour delivery. Thoroughly test new systems before the go-live date.
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.
Through its extensive span of activities, the supplychain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supplychains of other companies. The SupplyChain Career Environment.
We encourage our audience to visit The Catavolt Blog for more relevant posts about mobility in manufacturing for best practices, tips, and great industry insights. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology. By 2020 there will be 50 billion networked devices.
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.
When it comes to SupplyChain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent SupplyChain Executive Conference. But what exactly is a SupplyChain Analytics app? Oil blending is not easy.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. A Long History of SupplyChain Strategy Misalignment.
COVID-19 and the subsequent economic fallout was a trying time for both businesses and supplychains 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.
If so, you probably sell products through your online store (and perhaps other websites), social media platforms, and even physical sales outlets. Managing inventory in such a landscape can be challenging due to the complexity of tracking inventory levels across several channels and maintaining accurately synchronised records.
Among the universal challenges that the COVID-19 pandemic has imposed upon the supplychain 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 supplychain from disruption. inventory turnover days.
My takeaways from Gartner’s SupplyChain Executive Conference 2016. When it comes to SupplyChain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent SupplyChain Executive Conference. Oil blending is not easy.
Severe weather events can disrupt the supplychain 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 supplychain against such events? Know in advance where road construction is planned.
The paper, of course, covers a swathe of topics and concepts. Logistics and force posture National Defence requires the ADF to develop a north-Australia network of bases ‘to provide a platform for logistics support, denial and deterrence’ (p19). This is, of course, a normal goal for logistics planners to have.
As the global supplychain 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 supplychain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations.
It will be interesting to see how these smugglers will change course when fossil fuels are completely replaced by renewables. The subscription plan would allow Amazon’s Prime members to get unlimited grocery delivery at $9.99 Maybe we will see cocaine turbines or solar panels. And now on to this week’s logistics news.
We've already hit 3 of our 5 main categories by featuring the most popular blogs for the logistics blog posts, manufacturing blog posts, and supplychain blog posts. It's important that shippers not look at their own business in only silos but understand how all the aspects of the supplychain affect their business. .
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. It is feasible to recognize which problems are recurrent and take steps to streamline the routine with continual monitoring and technology support.
If you plan to continue your omnichannel retail operation, though, and compete successfully with pure-play etailers, it’s something you will need to get a handle on. The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily.
Perhaps your supplychain company is switching to a same-day shipping promise as a result of changing customer needs. The following five tips offer some guidance on where to put your management focus for a more efficient and flexible same-day shipping operation.
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 SupplyChain Dive. Plan in time to do this.
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