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In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain. To address these issues, companies are adopting innovative strategies, including dynamic route optimization, real-time tracking, and even leveraging emerging technologies like drones and blockchain.
Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Data will ensure smooth operations and successful executions at every point along the supply chain.
Optimized load planning is fundamental to improving your service and revenue. Could your company be wasting money on a logistics strategy that doesn’t work? Efficient load planning is more critical than ever and a key performance area for any supply chain. Some may not even offer load planning tools.
3 min read Log-hub announces a major update to its Supply Chain Apps, delivering powerful enhancements that streamline cost management, route optimization, and data-driven decision-making. These features empower supply chain professionals with greater efficiency, cost control, and accuracy.
Is your gut feeling telling you ‘ ’My Supply Chain network fulfills customer demand, but, what-if…? ’’ You are positive your company’s network design requires some restructuring, but you don’t have the assets to convince the rest of the team? What to expect from Supply Chain Scenario Comparison? We got you!
Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Fully 70% of companies say their supply chain is either very or extremely complex and only 6% of companies have full visibility within their supply chains.
In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Where freight managers go wrong with planning the transportation budget The biggest problem when planning a transportation budget is an inability to see actual versus projected costs across the network. Think about this.
What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain 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.
Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Is the lack of real-time visibility holding back your supply chain?
Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses. Without a clear picture of what money is coming in and going out of the supply chain, common challenges and disruptions can have an even greater impact. Ongoing wasted resources.
Blockchain in the pharma supply chain can dramatically affect the success and verifiability of pharmaceuticals. Failure to maintain proper temperatures or traceability within the pharma supply chain can have disastrous outcomes that directly impact patients and their family members. Returns in the supply chain are not new.
This bi-monthly update introduces powerful new features for our flagship product, Supply Chain Apps, designed to enhance supply chain visualization, optimization, and sustainability. Map Comparisons: Comprehensive Scenario Analysis Log-hub 4.3 Creating Maps via API: Enhanced Supply Chain Visibility Log-hub 4.3
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 supply chains. With tools like SONAR, tracking across all the various modes, it becomes easy to identify when others in the industry are changing strategies.
But to further that argument, let’s take an in-depth look at the benefits and disadvantages of intermodal shipping load planning , when to choose one over the other, and a few core SONAR insights to maximize value. A tactical supply chain relies on data and facts to guide all activities. Request a SONAR Demo.
What is demand planning? Demand planning is part of a company’s planningstrategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting? What does demand planning involve?
What is demand planning? Demand planning is part of a company’s planningstrategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting? What does demand planning involve?
Unfortunately, the trials of 2020 taught supply chain leaders that planning on the typical expectations will not always work. and the] flexibility of your current capacity procurement plan to address shifts in demand patterns.” After all, the best-laid plans for RFP processes will fall far short when capacity crunches take hold.
Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”
It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.
Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.
This remains key to the overall success of investments within supply chain 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. It’s easy to get wrapped up in supply chain activities and ignore the customer experience.
This becomes especially significant for the carbon footprint of companies in transportation, logistics and supply chains, including the added expenses associated with reefer during the warmer months. The data reveals the most cost-effective ways to transport goods, thus reducing the supply chain industry’s carbon footprint.
Prior to the winter blast, we saw some interesting things happen with supply and demand and if handled properly would have prepared you for the storm. Orange = inbound volumes (supply). Supply and demand are among the biggest drivers of noncompliance, capacity shifts, and cost changes. Green = outbound volumes (demand).
As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. Locus attended the Gartner Supply Chain Symposium that took place in Orlando, Florida in May. Watch Webinar 3. trillion by 2030.
Brands need to adopt the latest supply chain and last-mile logistics solutions to make the D2C model a successful business strategy. Unfortunately, most brands don’t have an intelligent last-mile logistics solution that can optimize capacity planning and routing to deliver orders on customer-preferred timelines.
With the increasing demand for reliable and efficient transportation of medical supplies, specimens, and equipment, there is plenty of opportunity for growth in this field. The Increasing Demand for Medical Couriers Required Qualifications and Skills How Do You Start a Medical Supply Delivery Business? Create a business plan 3.
But other technology solutions take a wide range of approaches to better connect carriers, shippers, and freight brokers, to make logistics and supply chains run more efficiently, and to drive more profits for users. Avoid these challenges with a technology-driven freight broker management strategy. Request a SONAR Demo.
We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. In other words, it’s a win-win scenario for all parties involved. Creating a truly efficient shelf replenishment plan goes beyond the simple act of restocking inventory.
Shippers need to prepare for this uncertainty and plan by using historic, peer and market data from across the network. With the ever-changing needs and demands of the supply chain, carriers need to maintain clarity. The volatility on the markets in 2020 highlighted the supply chain’s vulnerability to deviations and disruptions.
3 min read In the realm of supply chain management, the revolutionary capabilities of Log-hub’s 3D maps offer unprecedented efficiency and strategic insights, redefining how businesses navigate their global supply chain networks. While the enhanced supply chain visualization is at the heart of Log-hub 4.0, In Log-hub 4.0,
As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions. Black Swan Events.
According to the Harvard Business Review , “The challenge for companies will be to make their supply chains more resilient without weakening their competitiveness. During the past year, many of the HOS regulations were suspended to keep the supply chain functional throughout the unprecedented peak season and COVID-related demands.
3 min read In the realm of supply chain management, the revolutionary capabilities of Log-hub’s 3D maps offer unprecedented efficiency and strategic insights, redefining how businesses navigate their global supply chain networks. While the enhanced supply chain visualization is at the heart of Log-hub 4.0, In Log-hub 4.0,
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What this blog is about: Using automation and digital disruption to transform supply chains. 5 steps to define and implement a proper strategy for digital transformation. Companies were forced to adapt quickly to a volatile market and supply chain disruptions throughout the pandemic.
What this blog is about: Using automation and digital disruption to transform supply chains. 5 steps to define and implement a proper strategy for digital transformation. Companies were forced to adapt quickly to a volatile market and supply chain disruptions throughout the pandemic.
Supply chains have fractured under the weight of recent maritime import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. Restructuring supply chains will have a lasting effect on logistics networks. Request a SONAR Demo.
So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. Inventory control is the process of managing and regulating the supply, storage and distribution of stock.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain 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. How much is retained?
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.
The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Use SONAR’s market analytics to identify trends, predict demand surges and protect your supply chain from disruptions. Ready to make winning plays this season?
The Kickoff: Starting Strong Just like a great kickoff sets the tone for the game, having real-time data is crucial to start your shipping strategy on the right foot. Use SONAR’s market analytics to identify trends, predict demand surges and protect your supply chain from disruptions. Ready to make winning plays this season?
Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.
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