November, 2018

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Less Than Truckload Shipping Trends to Wrap Up 2018

GlobalTranz

Transportation is the largest sector of the economy, making up 8.9 percent gross domestic product (GDP), reports the Bureau of Transportation Statistics. The simultaneous growth of the economy and trucking indicate actual GDP percentages would be higher if compared to the same time last year. In anticipation of the 2018 holiday shopping season , transportation trucking, including Less-Than-Truckload (LTL), Full Truckload (FT), Parcel, and intermodal, will increase in value.

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How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network.

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Retail supply chain management and the rise of fast fashion

Kinaxis

by Ilyas Kucukcay From the incredible pace of turnover in style trends to the excess waste it produces, today’s fast fashion phenomenon is a controversial topic on many fronts. However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

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How a digital transformation can maximize the value of your meat supply chain

DELMIA Quintiq

While advanced innovations and developments like the Internet of Things (IoT) reach each industry and change the way we work together, the requirement for business transformation is rising. Meat producers, in any case, are questioning where to begin. The meat supply chain is long and complex, starting from farm to processing to packaging and logistics, right up to retail and catering.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Why Safety Stock Is So Important to Your Supply Chain

Demand Solutions

Managing a supply chain is not easy, although the job description is seemingly straightforward: Ensure that the right products are available at the right location at the right time. Sounds easy, right? That's because you haven't considered the factors that constantly get in the way — factors such as inaccurate forecasts, transportation delays, and inclement weather.

More Trending

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LTL DIM Pricing: Why LTL Is Moving to Dimensional Based Pricing

GlobalTranz

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. The United States Parcel Service was among the last carriers to make the switch. Unfortunately, the use of LTL DIM pricing is often overlooked for a simple reason; DIM pricing is usually associated with overnight shipping and parcels, not LTL, explains

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What’s Your Forecast Accuracy Target for 2019?

ToolsGroup

Editor’s Note: Two years ago we posted a blog about how to set an annual forecast accuracy target and it was one of our most popular topics. As we approach that time of year again, we decided to run an updated version. Many companies have already started their 2019 planning and budgeting cycles, so if you are in charge of demand forecasting for your company, it’s about time to thinking about your organization's 2019 goals.

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Independent research reveals how organizations can succeed in a brave new tariff-driven trade world

Kinaxis

by Mike McAllister It sounds ominous, but it’s a brave new tariff-driven trade world out there – a reality senior executives whose organizations operate global supply chains are coming to grips with. Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competiti

Research 147
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How You Can Get MORE from a Unichannel Logistics Partner! (ULP)

Supply Chain Network

Contrary to what some procurement professionals may think, all logistics solution providers are not created equal, and those who consider price only, or as main factor in their selection process, are doomed to mediocrity and perhaps even failure. And as both online and offline retailers are pulled further and faster into a future where consumer demands are steadily increasing and customer experience is paramount, the need for advanced logistics solutions delivered seamlessly across all channels

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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E-commerce and Last Mile Logistics: A love story

C3 Solutions

You may wonder how a yard management and dock scheduling software provider can be an expert on the topic of last mile logistics. We’ll get to that; but first, let’s start by reiterating the basic definition of last mile logistics.

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Top 3 Reasons to Deploy TMS Solutions in 2019

Supply Chain Collaborator

There are three absolutely critical reasons to finally implement a new logistics IT solution (or to replace the inferior one you already have) in 2019. Whether your organization would benefit most from a TMS, a powerful optimizer , fleet management tools, freight settlement solutions , advanced dock-door scheduling tools or even a yard management system, there are three nearly certain dynamics we’ll experience in 2019 that you won’t want to address without solid supply chain solutions at your

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Building the Business Case for Supply Chain Risk Management

GlobalTranz

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have.

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Does Your Supply Chain Need Blockchain?

Shipchain

The use of blockchain and supply chain management (SCM) platforms can reshape how shippers approach everyone from consumers to carriers. A platform that combines blockchain and SCM has the potential to eliminate many of the laborious manual processes involved in tracking shipments and preparing them for transit. Instead of trying to answer the question, “Does our supply chain need blockchain,” ask yourself, “What benefits can we reap from integrating blockchain into our suppl

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Is Community Intelligence the next AI wave?

Arkieva

Most of us have had some exposure to the “AI Awakening” wave that has emerged over the past few years. Of particular interest to Arkieva and its customers is how this “new technology” integrates with the ongoing journey of creating more intelligent supply chain decision-making process to improve organizational performance. Is Community Intelligence the next AI wave?

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Only 15% Using Blockchain to Mitigate Financial Crime in Supply Chain

Material Handling & Logistics

Layered with advanced analytics, blockchain can offer supply chain managers a path to digitizing prevention and detection of financial crime. During the past five years, an average of 31% of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. .

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The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by Jason Rosing and Veridian at [link] Permission to publish provided by Jason Rosing. Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.

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Why TMS Solutions Becoming “Must Have” for Food Shippers

Supply Chain Collaborator

“High freight, fuel and labor costs are forcing food distributors to streamline their businesses,” begins the recent article in the Wall Street Journal. The piece revealed a rise in operating expenses of 6% at world’s largest food distributor, Sysco Foods and a boost of 2% at US Foods. Read on to understand the driving factors behind the rising costs and the steps food shippers are taking to bend the cost curve back down and how TMS solutions can make a significant difference. — Food S

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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The Indispensable Role of WMS in Reverse Logistics

GlobalTranz

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

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How to Reduce Fraud in Logistics

Shipchain

Fraud in logistics is a major problem. So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Blockchain technology may be the closest thing we have to a solution, and therefore, it has the potential to drastically change the industry as we know it.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

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We’re hiring a Marketing Assistant!

Provenance

Provenance empowers brands to increase trust, using revolutionary technologies for greater supply chain transparency. Our SaaS software enables businesses to bring the origin, journey and social and environmental impact of products to the point of sale. At Provenance, we envision a future where every great product comes with accessible, verifiable information about the people, places and materials behind its creation, helping us all make positive choices about the things we buy.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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What are the Top 7 Trends in Last Mile Logistics?

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post created by Adam Robinson and originally published on [link]. Check out 6 Major Delivery Logistics Trends! Shippers face many challenges in successfully delivering products to end-users, and last mile logistics will be a core focus of change in the coming months. Consumer demands and expectations are rising, and up to 25 percent of consumers are willing to pay extra for same-day delivery.

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Not Contributing to Logistics Job Growth. Sorry (Not Sorry!)

Supply Chain Collaborator

Wall Street Journal reports that logistics hiring contributes a robust 10% to the October 2018 U.S. job growth figures. “Hiring in transportation and warehousing sector soars” says WSJ “adding 24,800 jobs. UltraShipTMS apologizes for not helping to contribute to employment growth in the field we serve. It’s not that we don’t want to contribute. Rather we prefer to contribute in ways that grow our customers’ bottom line.

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13 Sections to Include in a Compelling Business Case for a WMS

GlobalTranz

Have you been struggling to try and figure out how to write the business case for a WMS? Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. The Business Case for WMS Must Focus on All Opportunities for ROI Before starting to write a business case for a WMS, warehouse managers should begin by identifying all known problems with

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. How quickly do customers receive products? How much are they willing to pay to receive those products faster? Were any shipments damaged or otherwise subject to cargo insurance claims? What could we as a company do better? Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant.

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Companies Are Taking Unstructured Approach to Corruption

Material Handling & Logistics

On average, less than 10% of companies globally report on business ethics KPIs. A new study, “ The Fight Against Corruption: Insights Into Ethical Performance in Global Supply Chains ” found that the world’s average business ethics score is 42.4, which indicates most organizations are taking a reactive, unstructured approach to fighting corruption risks.

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Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Check out Disaster Strikes!!! Is Your Supply Chain Ready To Recover? A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation.