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And Logistics Viewpoints has a history of its own supplychain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supplychain operations and technology. Of course, prices tend to jump from supply and demand pressures.
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.
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. SupplyChain.
One of the main challenges for CEOs and supplychain managers is deciding where to locate a distribution centre. In this time, I have formulated the following handy tips: Get closer to where the points of demand. 4 Tips to Help You Choose Distribution Centre Locations. Here goes: Tip #1—Get closer to Where the Demand Is.
TIPS FOR BUILDING RELATIONSHIPS IN BUSINESS. If you don’t genuinely care about helping someone meet their own needs or goals, there isn’t any other tip that will work. Learning about your customer’s business is key, but they also rely on you to be the subject matter expert on all things supplychain! Genuine Care.
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. Is your supplychain running as effectively as it should be?
State shutdowns, consumer panic-buying, truckload volumes skyrocketing and then plummeting – the COVID-19 pandemic has created an increase in uncertainty for the supplychain. Supply and demand has been thrown off course since consumer interest changed. Tips for Shippers. Here are some tips you may find useful.
For businesses of all sizes, the digital transformation of supplychain 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 SupplyChain Digital Transformation projects.
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. Evaluate Packaging and Product Design for Logistics Now this tip is more of a hefty task, but it’s certainly one to consider. Most likely, you’re right.
Supplychains are changing fast, and 2025 is set to bring even more challenges and opportunities. These tools can transform your supplychain, helping you predict inventory needs, automate repetitive tasks, and optimize delivery routes. Audit your supplychain to pinpoint areas for improvement. The evidence?
And of course, it hinges on the ability to understand and maintain consistency in your metrics. . They become essential to improving asset utilization within the shipping supplychain. The biggest barrier to efficiency in supplychain agility rests with an inability to see, capture or analyze freight data.
Well, not just for benchmarking, but also for maximum visibility of your supplychain 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?
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.
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?
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.
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?
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. 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.
However, warehouse managers can overcome these obstacles by considering the main issues affecting omnichannel retail supplychains and implementing these key tips to break down barriers to efficiency. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018.
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. SupplyChain Planning Starts with Looking Back.
This feeling is especially common among women in male-dominated fields like supplychain. Alma has over 25 years of supplychain experience across Mexico, the US, and Canada in industries like automotive, electronics, and pharmaceuticals. So are we the only woman in the room more times than I can count. Alma: Right!
What makes this particularly difficult in the modern supplychain is the number of parties or partners that exchange goods — often there are many. Food shippers must already contend with a variety of elements, including storage temperatures, packaging, freshness and quality, timeliness and, of course, proper transit.
I have benchmarked supplychains for businesses all over the world for 25 years or so and have seen some incredible results. You will learn how you can significantly boost your supplychain performance—and in the process identify numerous cost-saving opportunities. They have different supplychains.
9 Golden Rules for Meaningful SupplyChain KPIs. I’ve written many posts on this blog about the importance of having a supplychain 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.
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.
Improving your warehouse and distribution process isn’t necessarily as easy as it might sound since any course of action needs to take into account variables such as your products, staffing levels, scheduling and third-party vendors. What follows are 5 tips for improving your warehouse and distribution process. Automation.
Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , SupplyChain , Logistics , Transportation Management , Freight. We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Share This: Read More.
Here are my top 10 tips to boost your SupplyChain performance towards Best in Class. OK, why do so many organisations struggle with the same old SupplyChain Challenges? Perhaps the quality of SupplyChain training and education is not what it used to be? Well it’s the same for your SupplyChain.
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.
7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. Track stock Of course, the first thing to consider is whether or not the stock is being monitored.
It’s a classical trade-off in the world of logistics—the need to keep supplychain costs at a minimum while maintaining the levels of service needed to keep your customers loyal. So how do you keep a sensible balance between minimal supplychain costs and maximum levels of customer service? Deliver a Consistent Message.
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. Diversify your carrier network.
Some Quick and Easy Tips for SupplyChain Cost Reduction. SupplyChain Cost Reduction. Reducing SupplyChain Cost may not be as ‘hard’ as it seems. In the World of SupplyChain, things are mostly not complicated. Don’t Permit Scenario 1 in Your SupplyChain.
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? A Reason for the Season. Dealing with Sudden Spot Rate Hikes.
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.
The opacity in operations impacts stakeholders across the trucking value chain. Oftentimes, this lack of visibility or transparency within the supplychain is due to outmoded and dated systems of communication. The opacity in operations impacts stakeholders across the trucking value chain.
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? What should you choose? Apps meet algorithms.
Here are 4 tips for to keep in mind while shopping and why the space is about to get a lot more competitive. If you don’t have the internal IT staff to spare, you might consider contracting out those services for the course of your new software implementation. Why Will These Tips Be Even More Important in The Years to Come?
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.
Poor Warehouse Utilization Increases Expenses Poor warehouse utilization has been a key concern for supply-chain executives over the last decade. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. Even with 5.2 GET YOUR COPY HERE. Download White Paper.
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.
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.
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. This is of course subject to customer order transit time requirements and constraints. This is an easy tip, but it goes a long way.
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 supplychain transformation. Transform Your SupplyChain with Good Change Leadership.
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