This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
Imagine a world where supplychains run with complete transparency, efficiency, and automationwhere every transaction, shipment, and payment are executed seamlessly without intermediaries slowing things down. For decades, supplychain management has encountered bureaucratic bottlenecks, inefficiencies, and trust issues.
SupplyChain & Logistics News January 2nd-6th 2025 The global supplychain never sleeps, and this weeks headlines reveal the fast-moving shifts shaping logistics, trade, and technology. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
SupplyChain & Logistics News February 2nd-6th 2025 The global supplychain never sleeps, and this weeks headlines reveal the fast-moving shifts shaping logistics, trade, and technology. These passports provide a digital way to document a products entire lifecycle, ensuring compliance and transparency.
Many people get confused about KPIs or Key Performance Indicators in Logistics and SupplyChain operations. Still, in this article, I will help you evaluate the need for supplychain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
The company’s flagship product is called RaftBot, which can be customized to meet the specific needs of different industries and businesses. In the podcast interview, Lionel and Joe discuss revolutionizing freight forwarding using tech. has worked with a variety of clients, including major brands like Coca-Cola, Nestle, and Unilever.
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.
Commercialization strategies evolve, supplychains expand, and production rates accelerate. Today’s challenge is to lower the finished product defect rate by emphasizing supplychain quality. The only way to take control of your future is to double down on quality. These opportunities sustain a competitive edge.
"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.
In the supplychain arena, the need to make course corrections is exploding. A ‘big bang’ approach, applying a one-size-fits-all AI solution, is not viable in an environment where industrial-grade solutions are needed to meet health, safety, and sustainability goals, Mr. Masson points out. Business cycles are compressing.
On the other hand, you also need to know and understand the rules and regulations of exporting and importing, and crucially, you need the proper shipping documents. However, most documentation is still handled manually in some countries. Pro Forma Invoice. Commercial Invoice. It is the official proof of sale. Packing List.
When it comes to supplychain logistics, location is everything. Beyond its strategic advantages, it offers practical solutions to keep supplychains moving smoothly. Beyond its strategic advantages, it offers practical solutions to keep supplychains moving smoothly. population. are easily within reach.
This year, a recurring theme that I saw was about using supplychain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supplychain data. This new dashboard gives retailers a lot of supplychain data to see where they stand.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue. Collaboration is Key.
Key Regulatory Areas Several key regulatory areas impact global shipping and transportation: Customs Compliance: Businesses must ensure that all shipping documentation, including bills of lading, commercial invoices, and certificates of origin, is accurate and complete. Environmental regulations are also becoming stricter.
SupplyChain Crisis Management is the systematic approach to identifying, preventing, and responding to major disruptions in your supplychain operations. Key components include: Risk Assessment and Monitoring You need real-time visibility into your entire supplychain.
From beer and wine shipments to frozen seafood and delicate confectionery, proper storage and transport solutions are necessary to prevent spoilage, ensure compliance, and maintain supplychain efficiency. This kind of scalability and adaptability is more important than ever in todays unpredictable supplychain industry.
When it comes to your business’s supplychain , it can be tempting to stick with what works. However, some manual supplychain processes are not only outdated, but also inefficient and even detrimental to your business. Processing documents is one of the most time-hungry tasks in supplychains.
That’s why we’ve embedded precision into each part of our work, from route planning to customs documentation to shipment tracking. Streamlined communication ensures everyone stays aligned, enabling us to deliver a high level of efficiency across your supplychain.
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.
Shippers and freight forwarders are turning to AI for shipping document automation to stay competitive in price and efficiency. . What Is Shipping Document Automation ? Shipping document automation uses robotics processing automation (RPA) to extract data and appropriately sync it with an internal business system.
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. million employees without a focus on good supplychain management. When it comes to e-commerce initiatives by Walmart, the Wall Street Journal recently wrote : Wal-Mart Stores Inc.
Rob O’Byrne makes an early start with his round-up of supplychain and logistics trends that might make industry headlines in the coming year. 2020 SupplyChain and Logistics Trends: What’s Around the Corner? The Death of the End-to-End SupplyChain. Why is the Circular SupplyChain Trending?
” Eventually, this evolved into “logistics,” and now, we often see it referred to as the “supplychain industry.” Even in the digital world, this industry still demands several printed documents for transfer between countries. This advancement will bring much more visibility to operations.
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.
When companies want to digitally transform their supplychain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychain transformation. A plan is like a Word document.
From delays to cost increases, logistics teams encounter a range of obstacles that can hinder efficiency and affect the entire supplychain. The Solution: From our experience at 3PL Links boosting visibility across your supplychain is essential. These issues can slow down the entire supplychain and create confusion.
I haven’t attended an industry conference over the past year, or participated in a client meeting, where blockchain — along with artificial intelligence (AI) and machine learning — hasn’t been part of the conversation. IBM Watson SupplyChain Summit. What happens to my existing technology?
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. This meets all their key performance areas.
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?
Nearshoring to Mexico is the hottest trend in supplychains. This surge is driven by companies moving parts or all their supplychains to Mexico, thanks to geopolitical tensions and disruptions like the COVID-19 pandemic. These have shone light on the gaps and difficulties faced by globally distributed supplychains.
To meet the consumer demands in today’s increasingly evolving logistics world, many businesses are beginning to implement supplychain technology systems successfully. According to Supply & Demand Chain Executive , supplychain management (SCM) software revenue is on track to surpass $19 billion in this year alone.
Four separate factors contribute to achieving a “perfect order”: the delivery must arrive complete, on-time, undamaged, and with proper documentation. One of the biggest benefits of the digitization of the supplychain is that, when combined with process improvement, perfect order performance is no longer a CEO’s pipe dream.
Managing modern shipping processes, especially shipping documentation , can be a challenge for freight forwarders in the best of times. Thankfully AI document automation can improve those vital functions across all areas of the supplychain network. How Document Automation Works for Freight Forwarders.
Like any industry, in SupplyChain and Logistics we have a lot of Acronyms and Abbreviations. 4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supplychain for a client. APS Advanced Planning Systems – Software tools that use complex algorithms to optimize supplychain planning.
In the supplychain sector, just like any industry, we have a multitude of terms that are commonly used.So, I decided to create this list to help you decipher any supply-chain-related terms that you come across for the first time. Barcodes are used to identify and track items as they move through the supplychain.
During the early stages of the COVID-19 pandemic, IBM Security X-Force developed a “ threat intelligence task force” focused on identifying cyber threats against organizations that are keeping the vaccine supplychain moving. Closing the Gaps. It’s evident from the results achieved so far in the U.S.
Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supplychain. Every aspect of supplychain shipping and tracking relies on implementing sound last-mile retail delivery services. Finding last-mile retail delivery solutions continues to be a priority for managers.
The logistics industry has changed over the last decade, with outsourcing emerging as a cornerstone of a modern supplychain strategy. Many companies use outsourcing to meet their product demand, even if they don’t use it for their entire supplychain operation.
According to Paul Empson, General Manager, Bakers Basco – a joint venture representing over 55% of the UK bakery market – the UK driver shortage is putting the bakery supplychain at risk of collapse. The post Bakery supplychain faces “perfect storm” appeared first on Logistics Business® Magazine.
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 software tools.
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supplychain cost reduction, I wouldn’t be surprised at all.
The digital transformation of the operations and processes of factories and supplychains is based upon digitization of carefully selected machines and digitalization of the related business processes. The first step, therefore, is to get all your information – documents and data – into a digital format.
What’s in this Sustainable SupplyChain article : The problem of carbon emissions and waste derived from supplychains. Seven ways Turvo helps build a more sustainable supplychain for third-party logistics providers (3PLs), shippers of raw materials and finished goods, and their end customers.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content