The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

The ongoing impact of the pandemic brings greater challenges and obstacles with increased consumer demand, limited resources, shipping congestion, and labor shortages. This data is combined with other sources to always know the location of the shipments and the condition of the cargo, facilitating rapid, real-time action if problems arise.

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Source: IDC, 2023 Challenges and Limitations To fully utilize the potential of generative AI, we must acknowledge and address the many obstacles that hinder its widespread implementation.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

When I was advised that this month’s LogiSYM Magazine would have some focus on digitization, I immediately thought about the absence of greenhouse gas (GHG) emissions data in our everyday life. In one case the fuel and emissions per kilogram shipped was actually halved for a customer! It can be done via EDI, API or via a web portal.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. Better sourcing processes, how to implement omnichannel fulfilment, and creative solutions for labour shortages. They’re shipping companies. The shipping experience now defines the shopping experience.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

GlobalTranz

AUGUST 11, 2021

As further noted by Global Trade Magazine , “ Before transitioning into ‘things to consider’ before choosing a 3PL, perhaps the best reason for their existence is technology related. Depending on the source in question, most freight invoices contain some form of discrepancy.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

The Logistics & Supply Chain Management Society

MARCH 22, 2022

One Network’s NEO Platform handles supply chain forecasting, sourcing, planning and execution (with routing and logistics optimization) for what may be the largest supply chain control tower deployment in the world. Identify the source of the problem and fix it. Understand and Verify Sources and Origins.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Certain shipping lines are investing in the last mile companies. Companies still need to allocate working capital to build safety stocks considering the unreliable transit time.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Clean Cargo Group is a business-to-business sustainability initiative aiming to reduce the environmental impact of the cargo shipping industry, and SAFA is made up of shipping companies, airlines and freight forwarders that are committed to measuring and reducing their carbon dioxide emissions. Photo Credit: United Airlines.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. Train, ship and airline technologies are lagging behind, but there are steps happening. This is the realm of the logistics professional.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

The Logistics & Supply Chain Management Society

MARCH 22, 2022

The war for talent, has long been fought in Asia, as the region continues to be a power source of global growth, and as a result demand for talent often outstrips supply. How Shipping Can Help Save The Planet. LogiSYM Supply Chain Magazine – March 2022. This is an important strategic need for an organization to address.

Pharmaceutical 240

Pharmaceutical Supply Chain Planning Software Buyer Training Supply Chain Software 240

GlobalTranz

DECEMBER 18, 2014

The source pointed to several trends that are encouraging the adoption of TMS, including better control of data, more comprehensive analysis and the need to support omni-channel supply chains.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.

Logistics Network Optimization Software 306

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 306

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. LogiSYM Supply Chain Magazine – September 2021. Data is critical to delivering a sustainable supply chain. MORE FROM THIS EDITION.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. Weighing and shipping technologies. As demand for two-day and next-day shipping continues to grow, manufacturers, warehouses and logistics companies all feel the pressure for speed.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Key features include the tracking of concise milestones to bring supply chain transparency, a completely digital document repository to facilitate real time sharing and confirmation of shipping documents, exception management, and many other collaboration tool-kits. a) Real-time Shipping Milestones. c) Collaborative Chat.

Supply Chain Design Software 182

Supply Chain Design Software Optimization Software Supply Chain Network Software Optimal Sourcing 182

The Logistics & Supply Chain Management Society

JULY 23, 2020

Adopt autonomous Logistics planning : Autonomous logistics planning will help making data based intelligent analysis related to cross docking, drop ship, lanes routing which can be used proactively to build capacities, routing optimization. Identify sourcing plant/s which can back-up each other in times of disruptions. CONCLUSION.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Closed borders, quarantine restrictions and social distancing requirements for staff combined with an explosion in delivery demand from online retail sales made for a tough period of shipping delays and warehouse backlogs across the globe. LogiSYM Supply Chain Magazine – August 2021. Deploys AWS IOT for Supply Chain Tracking.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 246

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

There are many sources for those pieces of information, such as IoT devices, and systems of records for engaging LSP’s that provide data on agreements and achievements within a system of production. Chief Digital & Information Officer, MSC (Mediterranean Shipping Company SA) andre.simha@msc.com. [i] i] Watson R.T.

Supply Chain Visibility 45

Supply Chain Visibility Real-time Visibility Supply Chain Software Supply Chain Network Software 45

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

The Green Corridor: Food for Thought Origin Transparency and Revolutionary Substitution for Supply Chains in a Fragmented yet Increasingly Digital World by Timothy Foote, Founder of Susymbio In our LogiSYM Magazine, there are many articles and adverts which help to provide transparency on the flow of goods from supplier and to the final customer.

Food 130

Food Vendor Strategies Price Reduction Waste Reduction 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

Material Savings 147

Material Savings Resource Reduction Cost Reduction Strategies Sourcing Strategies 147

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

In essence, a lot of logistics planning boils down to finding the quickest possible route between various points of delivery before returning back to the source. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods. LogiSYM Supply Chain Magazine – September 2022.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Shipping Gazette Daily News. This was the result. Journal of Commerce (U.S)

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Kinaxis

AUGUST 31, 2017

On company websites, magazines, promotional videos, and industry association pages, the Supply Chain industry has always employed imagery of the nuts-and-bolts of how products get to market. But it’s worth considering: does imagery of trucks and boxes adequately convey the strategic edge that Supply Chain offers to companies?

Sourcing Strategies 280

Sourcing Strategies Buyer Training Supply Chain Strategy Manufacturing Procurement 280

The Logistics & Supply Chain Management Society

MARCH 21, 2023

The mind-set challenge for all businesses today is to recognize the following: That commuter and business travel miles are a significant source of planet damaging green house gas emissions. There are work life balance advantages to working remotely.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

Talking Logistics

APRIL 26, 2018

And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.

Cost Reduction Strategies 107

Cost Reduction Strategies Transportation Supply Chain Planning Software Optimal Sourcing 107

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In the April Issue of Logisym Magazine, the President of The Logistics & Supply Chain Management Society, Dr. Raymon Krishnan, has provided a great formula as a definition of supply chain resilience: As firm supporters of digitalisation, we believe that technology is the key enabler for visibility, intelligence and agility in any supply chain.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Demand Planning Software 130

The Logistics of Logistics

MARCH 25, 2022

As associate editor at American Shipper Magazine for more than a decade, he wrote about trade, freight transportation and supply chains. During the pandemic, air freight became even more important as the vaccines were shipped worldwide. Chapter of the Society of Professional Journalists. Eric is an avid doubles beach volleyball player.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Analytics Software Freight Cargo 130

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As the months continued and the supply chain and shipping industries weathered numerous storms, the maturation of process digitalisation and remote management continued at speed. These include Inventory vs. Service; Local vs Global Sourcing; Multiple Depots vs. Single Distribution Centre.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

GlobalTranz

MARCH 18, 2016

Additionally, overall maintenance costs have dropped by 30 percent, and predictive maintenance has reduced machine-specific failures by 70 percent, reports Louis Columbus of Forbes magazine. Source Forbes Magazine). IIoT’s Greatest Impacts on Manufacturing.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Manufacturing 120

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Some examples of these would be the Xeneta Shipping Index, Freightos Freight Rate Index, Container Trade Statistics Price Index, and the Drewry World Container Index. In today’s commercial environ, we are quite fortunate in that these qualitative insights can often be reinforced with more quantitative data.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

QAD

SEPTEMBER 22, 2022

In his recent Supply Chain Digital Magazine article, Future-proof your supply chain to 2025 and beyond , Brent posits seven ways shippers can make decisions now to improve operational efficiency in the next couple of years. Read Brent’s full article, Future-proof your supply chain to 2025 and beyond in Supply Chain Digital Magazine.

Supply Chain Software 98

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 98