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.
Managing a global supply chain network requires the ability to manage and control both globaltransportation 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.
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. Let me bring that to life.
Managing a global supply chain network requires the ability to manage and control both globaltransportation 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.
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. The post The Growing Importance of Last Mile Logistics first appeared on Enterra Solutions.
Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. Execution Control.
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.
Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and softwaretools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the future of manufacturing.
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.
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?
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.
“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. Supply Chain Dive reported that the company’s buying binge has not been exclusive to the U.S.,
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.
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.
Globaltransportation is the nexus through which all related international transportation information flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility. visibility to performance metrics.
First looking at the component parts of Global Trade Management (GTM) and GlobalTransportation Management Systems (GTMS); culminating in implementation of overarching Global Commerce Management (GCM) solutions which incorporate both of the above components connected directly to Purchase Orders and Sales Orders at the Product Data Master/ SKU level (..)
Announced Acquisitions Aptean Acquires Principal Logistics Technologies Manufacturing and distribution industry specific technology provider Aptean has announced the acquisition of Principal Logistics Technologies ( PLT ), a provider of purpose built warehouse management and supply chain optimization software technology.
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 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. As inflation soars, supermarkets look for innovative solutions to lure cash-strapped customers into the aisles.
In the latter half of the 20 th century, it transformed into a Swiss holding company with interests in sea freight, air freight, contract logistics and overland businesses, with a focus on IT-based logistics solutions. XPO Logistics started as Express-1 Expedited Solutions in 1989. Ryder Solutions Inc. Jacobs in 2011.
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. With 200 shipping lines passing through the port and connecting to 600 ports globally, Singapore is one of the world’s busiest and most strategically important maritime hubs.
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.
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.
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.
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. The goods news is that there are added technology tools to be able to sense, analyze and best respond to risk factors.
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.
Globaltransportation is a high stakes game and the odds have been, and continue to be, stacked in favor of the freight forwarder/3PL because BCOs haven’t been able to capture and control most of their global supply chain data. Controlling Information levels the Playing Field.
3rdwave iTMS is an international transportationsolution that provides total product visibility from Purchase Order to Final Delivery. It provides immediate visibility to product status at Suppliers (POs), In-Transit (Transportation), at Customs (CPB, PGAs), at the Pier, On-Delivery, through to final delivery.
As the face and pace of global commerce evolves and grows, so does the need to reinvent supply chains. Significant advancements in technology, such as cloud and mobile, have fundamentally changed how consumers purchase goods and how companies do business. Robinson’s next generation of global visibility technology.
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 global logistics solutions 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 global logistics solutions 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 : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics.
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.
In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. But it all starts with truly understanding your business, budgeting, and creating a solution that is in line with your purchasing strategies.
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