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
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurementsoftwaretool that allows you to order lots of widgets and receive them over a specified period of time. That is why you need a powerful transportation sourcing solution.
Digitization Supply Chain Management, like many other industries in the past decade, has iteratively undergone transformational periods of digitization — shifts to digital processes essential for remaining competitive and profitable in the global marketplace.
Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. Ali Amarsy, Senior Vice President of Global Product Strategy at Publicis Commerce, writes, “COVID-19 has catapulted us into the future. billion on online shopping in 2020, a 44% rise over the prior year.”[3]
There are 4 fundamental areas where globaltransportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. It is an important part of an effective and efficient global supply chain.
Change is the only real constant when managing global supply chains, regardless of the type of goods or any other supply chain attribute; change is driving your supply chain. The most recent change on the ocean carrier front is the OOCL purchase by Cosco Shipping Holdings and Shanghai International Port Group for $6.3
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design. So what can we learn?
One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail globallogistics & supply chain professionals and information to be found assembled all in one place. Click here to review the balance of this post on the RILA Checkout Blog !
How Generac Power Systems Cut Millions from Its GlobalTransportation Spend | Transportfolio. Yet, there are steps you can take to standardize processes and systems—and do it quickly with the right tools and resources. Our team provided North American transportation to Generac at the time.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
Then a globaltransportation management system (TMS) should be a key part of your supply chain technology strategy. TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain.
Included in this full update are the following categories and associated tech providers : IPO’s Lineage Logistics Announced Acquisitions Aptean and Principle Logistics Technologies (PLT) Korber and MercuryGate International Exiger and XSB Equity Funding and Investment UgoWork Alvy’s Pactum Initial Public Offering Lineage IPO Raises $4.4
Then a globaltransportation management system (TMS) should be a key part of your supply chain technology strategy. TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain.
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
Here we help you answer these questions with an overview of the B2B landscape, including: How B2B marketplaces work The pros and cons of B2B marketplaces The range of types of B2B marketplace The top B2B marketplaces around the world Read more: Try the eCommerce inventory management software that unleashes your growth What are B2B marketplaces?
FedEx Partners with FourKites to Develop Logistics Intelligence Platform. Large shippers and logistics providers can use the tool to track orders, manage delivery providers and find alternate routes in the case of weather delays or other disruptions,” FourKites CEO Matt Elenjickal wrote in an email to Supply Chain Dive.
Global trade continues to accelerate both in volumes and complexity. If you don’t agree, just take a look at Alibaba and their most recent Singles Day where products were purchased from 192 countries! The days of being able to just rely only on simple GTM and/or GTMS systems solutions will soon be over. Jeff Ashcroft.
As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the globaltransportation industry. UPS to Continue Service Despite Threat of Strike. FedEx Launches Consolidated Returns Service. 12 statement from FedEx. “
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
Then a globaltransportation management system (TMS) should be a key part of your supply chain technology strategy. TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain.
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
As you encounter various supply chain disruptions, from regional weather and traffic issues to the unprecedented global impacts of this pandemic, do you have the necessary agility, visibility, and risk management to keep your operations running during the unexpected? Rely on the information to inform your purchase decision.
We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. Each of these freeports is an important logistical, transportation, and trade area offering a competitive advantage to businesses that operate within them.
The Logistics Managers Index for May indicated that inventory costs are now one-third higher than they were last year. An added factor to be weighted is continued extended supplier and globaltransportation lead times, meaning how much of material needs can be managed as just-in-time or augmented by just-in-case considerations.
CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability.
Delivering exceptional service levels, regardless of where products are sourced and manufactured, or how buyers choose to purchase products is a constant challenge. To accomplish it, many turn to globallogisticssolutions that blend transportation management system (TMS) technology with supply chain expertise.
Delivering exceptional service levels, regardless of where products are sourced and manufactured, or how buyers choose to purchase products is a constant challenge. To accomplish it, many turn to globallogisticssolutions that blend transportation management system (TMS) technology with supply chain expertise.
Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. Curtis Feeny : Managing Director at Voyager Capital.
For example, rising commodity and energy prices are causing globaltransportation disruptions and delays. One of the ways companies can minimize the impact of supply chain disruptions is by implementing comprehensive AI/ML planning solutions. What skills are required to successfully leverage AI/ML solutions.
Thus, at the height of the prior supplier and globaltransport disruptions that impacted Asian based and other home goods suppliers, HomeGoods inventory buying orders were constantly late, resulting in little on-shelf or online channel availability when demand levels were high.
See More, Know More, and Do More with Your Global Supply Chain: Discover Navisphere® Vision | Transportfolio. We often talk about logistics being an exciting industry that is constantly growing in both complexity and impact. As the face and pace of global commerce evolves and grows, so does the need to reinvent supply chains.
Robinson’s integrated solutions—create end-to-end international supply chain solutions that generate visibility and enormous value: Internal group alignment. With automation tools, you can handle routine functions, eliminate visibility gaps, and save valuable staff resources for exception incidents and higher-level strategic planning.
The most common method used to protect the value of goods from physical damage, theft, or other calamity is the purchase of cargo insurance. While insurance is readily available, it is the responsibility of the shipper or consignee to ensure the coverage purchased best fits their unique exposure.
Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics.
The Panama Canal expansion, slated for completion this spring, will impact logistics in a big way. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. Panama Canal Expansion.
Labeling and traceability obligations can be challenging for operators, especially in global fresh supply chains. The following sections explore some key priorities for logistics operators wishing to meet the imperatives of speed, product quality, waste reduction, and efficiency in fresh supply chains.
Purchase of USF in 2005: The acquisition of USF, though appearing promising on paper, led to integration complications and further increased Yellow’s debt. Investing in modern fleet management systems, efficient routing software, and real-time tracking can enhance operational efficiency and customer satisfaction.
More ways to give consumers information about your products eCommerce sites allow the seller to create a rich layer of extra information to help the customer figure out whether or not to make the purchase. Dropshipping, where a product is purchased from a third party and sent to the buyer , makes this particularly efficient.
Mr. Ross was most recently Managing Director and Group Head of Stifel’s GlobalTransportation & Logistics Equity Research practice. Roadrunner’s “Ship It Like You Own It” commitment guides the company to provide unparalleled service and reliable LTL solutions for customers. The Logistics of Logistics Podcast.
Mr. Ross was most recently Managing Director and Group Head of Stifel’s GlobalTransportation & Logistics Equity Research practice. Roadrunner’s “Ship It Like You Own It” commitment guides the company to provide unparalleled service and reliable LTL solutions for customers. The Logistics of Logistics Podcast.
The company is now able to purchase from multiple local Scottish sources, as well as import from overseas if required, which has made their supply chain more resilient – and made their business more stable. With so many cloud-based solutions on the market, though, it’s a case of finding the right one for your needs.
Carbon Emissions in Logistics: The Road To Green International Freight. Two years ago this month, at COP21 , the world committed to capping the global rise in temperature (the Paris Agreement). Purchasing 5,000 reusable lightweight composite cargo containers, saving over 1 million gallons annually. Here’s why it matters.
We organize all of the trending information in your field so you don't have to. Join 102,000+ 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