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Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Sreeni is Associate Vice President at Emtec Digital , a global technology services company that provides digital software engineering and transformation solutions to clients across multiple industries. About Sreenivas (Sreeni) Vemulapalli.
Image source: Pexels | Logistics Challenges and How to Overcome Them Let’s break down the most common logistics problems and how you can resolve them to improve your operations. From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supplychain.
This is especially relevant to supplychain management, which is in the process of changing to take advantage of new technology that can make things more efficient. We sometimes refer to this process as supplychain transformation. What is SupplyChain Transformation?
How to Improve Exception Management with End-to-End SupplyChain Visibility. Original article: How to Improve Exception Management with End-to-End SupplyChain Visibility. This is why end-to-end visibility in a supplychain is so important.
"The digital technologies hitting the marketplace today promise to make the changes in supplychain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business. To meet the unique needs of their business, they often stack technologies.
The technology boom of the past decade accelerated to a whole new level when businesses were suddenly sent home. As 2022 reveals a professional world that is more aware of the benefits of remote access to work, more supplychain professionals are choosing to invest in cloud-based technology and automation.
Staying on top of the ever-changing omnichannel service options and keeping track of supplychaindocuments and freight documents remains vital for continued growth and success within competitive markets. Why Missing Documents Are a Major Problem in SupplyChain Management.
Before the COVID pandemic ran through the supplychain, in-network resiliency had never been tested or tried extensively. There have been disruptions in the past, but nothing has ever shaken the chain the way this pandemic has. Increase Use of Collaborative Logistics Technology and Platforms.
There have been transformational changes in the way that technology is used in logistics and the supplychain over the past few years. As technology continues to advance, the impact on global supplychains is undeniable. This data can be leveraged to gain valuable insights and make informed decisions.
Shippers and freight forwarders are turning to AI for shipping documentautomation to stay competitive in price and efficiency. . What Is Shipping DocumentAutomation ? Shipping documentautomation uses robotics processing automation (RPA) to extract data and appropriately sync it with an internal business system.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supplychain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documentedsupplychain strategy.
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
Technology is only as good as the people and processes that it operates with. The Covid pandemic and post-pandemic eras have accelerated the use of technology and automation even faster in the shipping industry. More importantly, we are learning how to design a technology integration with teams that are handling exceptions.
Companies need to come clean and eliminate common supplychain offenses to deliver the greatest value to their customers. Over the last decade, the expectation and focus on completing “perfect orders” has increased in the supplychain industry. In alphabetical order they are: 1. Back Order.
As global demand climbs, supplychain disruption will likely always be an issue. Implementing technology that shares shipment details in real-time, digital management methods, analytic utilization, and system integration will help modernize the supplychain processes and keep shipments flowing without delay. .
Businesses are demanding the features found in most business-to-consumer (B2C) technologies, which allows them to easily search for products, compare features, shop for bargains, watch product demonstrations, track shipments and manage returns.
To keep up with the resulting complexity to the supplychain, brands have been relying on third-party logistics partners and manually piecing together long contracts, RFPs and limited software capabilities with their own third-party integrators and multiple softwaretools.
How to Elevate Your Logistics Operations with AI & ML Technology Global supplychain organizations are embracing digitization to propel their supplychain planning to new heights. What is SupplyChain Planning? Data informs transportation capacity and rates.
Lets uncover the exact challenges many businesses face and learn how to transform them into a smooth and efficient operation you’ll love. Why Many Companies Struggle with Logistics Management Inefficient Tools and Systems Far too many businesses rely on outdated and inefficient tools like spreadsheets and email for their logistics.
Recovering your assets is a difficult task no matter what your occupation with reverse supplychains in the marketplace. Effective Reverse SupplyChains. With creating the product being only a small portion of the business, many businesses invest time into making methods for an effective supplychain.
Last month I participated in Oracle’s Perfect Delivery Virtual Summit , along with Matt Leonard from SupplyChain Dive, Marcelo de Matheus from Tramontina, and Mohamed Absar from DP World. The perfect delivery includes four elements: order completeness, timeliness, condition, and documentation.
With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supplychain challenges. Submitted proposals are stored in the online supplychain portal.
The SupplyChain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supplychain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supplychain organisation.
Managers of freight carrier networks and supplychains have a lot to keep tabs on with day-to-day operations in the supplychain ecosystem. A robust platform optimized and designed for adaptability will provide the best framework for supplychain processes.
The growth in the economy and trade mean companies are approaching their supplychains to reach a global consumer. Provide the Right Documents and Ensure That the Provided Information is Correct. Proper documentation on import/export items is a must to meet regulation requirements. Update Forecasting Values.
Manufacturers and distributors want to dramatically increase their efficiency, productivity and accuracy through smart technologies, data analytics and connected services. What would they be changing without a thorough understanding of the new business landscape and the new technologies that are available and where they would best be used?
And because we are supplychain specialists, well, supplychain projects are our bread and butter. . You don’t need a PM background to plan and complete a supplychain project, whatever its nature. . But what does it take to prepare for managing a supplychain project?
Technology has come a long way in digitizing customs procedures, however, in today’s global trade environment, risks still remain if electronic declarations aren’t filled out completely, accurately, and plausibly. TIP: Leverage customs software to harmonize the customs regimes of multiple countries into a single output. Compliance.
Smart factories are growing in prominence as continued supplychain disruptions and pressures from the 4 th Industrial Revolution make embracing technology a necessity for manufacturers. For manufacturers to remain competitive, adopting more IoT technologies into their supplychain is key.
A fleet management system is a fundamental tool in the planning and operational control of the logistics sector. In the rest of this article, we will delve deeper into the advantages of how a fleet management system works and how to monitor it properly. How does a fleet management system work?
No longer a stand-alone tool for routing and carrier selection, the TMS is fast becoming a central communications hub whose spokes extend deep into the supplychain ecosystem. Fortunately, the tools that support the freight-booking process are also better than they’ve ever been. That’s good news for shippers. DC Velocity.
To improve efficiency at your back office, you have to strike the right balance between people, technology, processes and data. This means introducing technologies that automate manual processes so employees can focus on more important tasks. Utilize automationtools. Provide employees with the right tools.
To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supplychain and of the warehouse itself. Reducing inventory levels as far as possible makes your supplychain leaner and leaves you with less money tied up in stock. 3: Clinging on to Paper Processes.
A TMS makes up only a fraction of the full truckload technology available to shippers. In full truckload freight management, technology will make or break plans for keeping freight spend in check. However, technology can change the narrative. This is why technology is the solution. Mobile Tracking Technology.
Ever-increasing demand for faster delivery, and ongoing macro supplychain disruption add to the challenge. Increasingly aggressive adoption of proven automationtechnologies. For many operations, order picking or putting are the entry point to digitalisation and automation.
Image source: Flickr | How to Protect SupplyChain from Cyber Attacks The management of data intelligence in the supplychain presents an enormous challenge to those involved. The supplychain depends more and more on IT systems to ensure information flow and security as it develops.
The changing face of the supplychain means more freight and shipments move and require more tracking capabilities. Traditional options for managing and documenting the process also remain stagnant. The modern supply -chain is still subject to the risk of theft, loss, delivery to the wrong address, and other issues.
This launch is a significant milestone toward achieving a modular system across the entire supplychain. ShipChain’s Track and Trace blockchain-based system, now available on its mainnet, brings complete transparency and visibility to the supplychain. End-to-End SupplyChain Reliability.
Now digitalization of manufacturing and distribution supplychain processes has become imperative, especially after the pandemic, which caused disruptions and revealed multiple gaps and weaknesses in the global supplychain. How to create a smart factory. What is the smart factory? Where do you need to start?
Selecting the right logistics software is crucial for optimising supplychain operations, but the process goes beyond just issuing an RFI or RFP. Watch our logistics software webinar , entitled ‘Logistics Software: Beyond the RFI & the RFP. Avoid common pitfalls in software selection.
Although using blockchain in supplychain and logistics is an exciting prospect, the technology lacks the maturity necessary to enable global deployment today. Such limitation can be discouraging, but it serves as a beacon of hope for a better future in supplychain management. GET YOUR COPY HERE.
We all know how important cybersecurity is now that technology powers commerce in such a significant way. But if you perform work as part of a supplychain, you know that the stakes are especially high. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018.
Increasing visibility within the supplychain is a hot button topic for leaders around the globe. Furthermore, supplychain leaders face continued calls to control freight spend and intervene before minor issues become major disruptions. Unify your technology stack using APIs.
Retailers are increasingly seeking retail logistics software to optimize their supplychains and enhance customer satisfaction amid booming e-commerce sales, projected to surpass $1.7 By understanding the strengths of each, retailers can select a software that aligns with their specific operational needs and challenges.
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