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Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. in Exercise & Wellness from Arizona State University and M.S. Founded in 2017, and located in Scottsdale, Arizona, Emerge is one of the fastest-growing technology startups in the U.S. About Brad Wheeler.
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. What Is SOX Compliance?
It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly.
Podcast Summary: Welcome to the first episode of The Logistics of Logistics podcast! Over the course of his career, he launched over 30 products and services in industrial B2B and technology markets. He has been a CEO of 5 professional service, manufacturing, and technology companies.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain 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 documented supply chain strategy.
Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Let’s look at five proven strategies that can help you create a more resilient supply chain.
Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Finding Transformative Opportunities in the Supply Chain.
Technology will provide significant assistance in this arena by helping design sustainable networks and having risk indicators for ecological, financial, or judicial factors for the multi-tier supplier network. As demand for last mile logistics intensifies, warehouses become the prime candidates for automation.
Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Do we have a demand forecasting tool in place and, if so, how good is that forecast? At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.
1] Logistics might not be a competitor to strategy or tactics, but it most certainly helps determine ‘which side will have the most options available’; to seize advantage, if not define the way in which wars might be waged. [2] 2] In return, different styles of war require different forms of logistics.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
Over the last 10-15 years, outsourcing of logistics activities to third-party logisticsservice providers has become increasingly popular. Research indicates that up to 75% of firms report positive impacts from outsourcing to logisticsservice providers (Langley J, Capgemini 2007). But what of the balance?
From a technological perspective, Design remained the realm of desktop modeling techniques for close to two decades since its advent, leveraged by individuals trained in advanced analytics and optimization techniques. The technology is reaching such an inflection point. This capability will be game changing. He received his Ph.D.
a question best answered using advanced technologyplatforms focused on providing high levels of supply chain visibility. 5 Good Supply Chain Visibility Strategies. Once you’ve come up with a few ideas, meet with internal departments, Tier I vendors, logistics providers, and other stakeholders to discuss these problem areas.
At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. For that reason, freight benchmarking services are seeing increased uptake by shippers.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order.
More recently the technology has evolved to a point where such processes can be conducted at a faster cadence than a typical monthly cadence that was the norm. Optimization based technologies can maximize the leverage from existing assets before considering expansion. Does this mean at some point in time we move on from S&OP?
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. So what went wrong?
Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Digital transformation is the formula. But we have to go further.
The hidden costs “Whether determining channels to market, or setting up or revising fulfilment and distribution strategies, the retailer needs a deep understanding of where the Costs-To-Serve are generated, how these vary across orders, and what actions can be taken to improve profitability on every order,” Adcock says.
They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior. They underwent a thorough Network Optimization exercise to identify the roadmap of transitioning to a hybrid offshore/nearshore model. Nari Viswanathan is Sr.
service, profit, capacity) of a small number of demand scenarios (e.g. Supply chain policies and configurations are tested and leverage reinforcement learning to yield the best possible strategies. Conventional what-ifs only evaluate the outcomes (e.g. base, opportunities, and risks). This approach is too narrow in scope.
These officials were responsible for key decisions with respect to the transformation of logistics as it applied to the Australian Defence Force (ADF) and the Department of Defence during a period of major transformation lasting twenty years. Realised strategy is usually a combination of what was intended and what was learned along the way.
If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. You may have added new products to your range, engaged new suppliers, or begun working with third-party logistics providers.
Unfortunately, this means small and mid-sized shippers, which are already struggling to maintain profitability in logistics and shipping , will face additional struggle in attempting to procure full truckload capacity. Conducting annual procurement exercises. As a result, spot rates will remain “super high.”
Mental health strategies in the fulfilment industry can be innovated, writes Zihana Jaleel, Head of HR at Huboo. Prioritising meaningful workplace enhancements Our experience at Huboo has shown that while wellness perks like free exercise classes and healthy snacks are appreciated, they are not a panacea.
With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. You can also test different packaging materials and strategies, and get quantifiable data about how much better, or worse, different routes, shipping methods, and packaging are for the contents of your boxes and pallets.
Logistics readiness refers to the ability to undertake, to build up and thereafter to sustain, combat operations at the full combat potential of forces. [1]. Logistics readiness is not just a matter of prioritising Defence resources. I described the interplay between logistics and readiness. By David Beaumont.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.
To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Read on to learn how you can make your supply chain function with less cost, greater efficiency, and improved customer service —or perhaps all three—by handing off some relevant activities to an external contractor.
If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. Beyond these benefits, when slotting is done correctly, it’s also advantageous from health, safety, and service perspectives. Why Implement Slotting in Your Warehouse?
1] Logistics might not be a competitor to strategy or tactics, but it most certainly helps determine ‘which side will have the most options available’; to seize advantage, if not define the way in which wars might be waged. [2] 2] In return, different styles of war require different forms of logistics.
It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Advanced analytics as enabling technology. But technology is only part of the process. The agribusiness supply chain is highly complex. There is also a reliance on spreadsheets.
And, we’ve also found that by implementing a sound warehouse slotting strategy, we’ve helped clients reduce their labour costs by up to 30%. Beyond these benefits, when slotting is done correctly, it’s also advantageous from health, safety, and service perspectives. Reduce product damage.
We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. In today’s fast-paced retail world, efficient shelf replenishment is crucial.
If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. We’ll begin with a look at pricing strategy.
The company also increased its use of third-party logistics providers and effectively created a network that could be optimized tactically at any given point in time. The chip had to work, so Intel could make no service trade-offs. With each Atom product being a single component, there was also no way to reduce duty payments.
When the retail and consumer goods industries, who have the most complicated supply chains, are envisaging intelligent automation as the future of the supply chain, then can logistics – the core of supply chain be left behind? How Intelligent Automation Will Benefit Logistics. Definitely not.
The third in a series of posts relevant for senior logisticians as they consider the future at the Australian and New Zealand Defence Logistics Conference. With this excess, however, has come increasing dependence on contract support as well as a decrease in utilization of organic military logistics both on and off the battlefield.
Building resilience into their operations, either through new business strategies or new digital capabilities, is now a key priority for all shippers, carriers and logisticsservice providers. Ultimately, it comes down to adopting technology that has been proven effective. However, this will go a step further in 2023.
First, let’s define TMS – this is the software used to manage purchased transportation. TMS Strategy & Building the Business Case. TMS Strategy & Building the Business Case. It begins with a strategy project that documents the current state process, information, and data flows.
Through researching the way in which the ADF has prepared and mobilised its logistics capabilities at the strategic level, I have been extremely fortunate to interview a range of senior military officers and public servants. Realised strategy is usually a combination of what was intended and what was learned along the way.
Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.
This situation is only likely to solidify as technology increasingly becomes the mainstay of supply chain management. However, running a supply chain still depends largely on manual skills, aided by mechanical handling equipment and business technology, particularly that of a mobile nature. Robert Jacobs et al. Monczka, Robert B.
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