Business Intelligence in the Supply Chain
Thanks to business intelligence tools, companies are no longer awash in reams of data that they don’t know what to do with. Instead, logistics managers are using BI technologies to find real meaning in their sea of numbers—and take actions that boost supply chain efficiency and effectiveness.
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Connect and Collaborate to Better Manage Freight Spend
Q: What are the current challenges of managing freight spend? A: In today’s slow-growth economic environment, organizations are pressured to reduce costs and manage inventory well. The result is demand for frequent deliveries, which amplifies the need to control shipment costs, according to research by the Aberdeen Group. In addition, organizations operate increasingly complex supply […]
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Truckers and Shippers Prepare to Meet Over-the-Road Challenges
Q: What challenges do domestic transportation service providers face today as a critical part of the value chain for manufacturers and retailers? A: One of the most competitive segments of the trucking market, truckload (TL) companies also represent the core business of most asset-based, but diversified, transportation companies. Their most common concern, according to a […]
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Transportation Management: A Layered Approach
Q: Why bother managing the inbound aspect of the supply chain? A: Historically, organizations built their transportation management strategies and tactics around the outbound aspect of their supply chain. The gravity of customer revenue pulls the attention in that direction. This inattention in the supplier direction often leaves the inbound supply chain exposed to margin-draining […]
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The Strategic Approach to Optimizing Inbound Shipments
Q: Knowing there are significant benefits to be captured using a transportation management system (TMS) and optimizer for inbound shipping, what are some of the typical roadblocks that shippers encounter when implementing an inbound optimization strategy? A: A very common obstacle to optimizing inbound shipping is arriving at the proper rate structure. The whole point […]
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Quantifying Transportation Performance With Technology Tools
Q: What strategic direction have shippers and carriers developed to increase partnership value? A: Shippers and carriers have become more collaborative in their approach to pricing. For example, in the less-than-truckload market, shippers have begun to use carriers’ rate base when running their bids. This creates value for shippers by using each carrier where it […]
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Managing Shipment Data to Meet Customs Requirements
Q: How are Customs agencies changing their approach to reviewing transactional data, and how will this affect shipments and traders? A: Collaborative Border Management (CBM) between Customs agencies will allow countries to exchange trader and shipment data in a live environment so non-compliance and perceived threats can be readily identified, measured, and monitored. Customs is […]
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Electronics Logistics: Tech Transport TLC
Moving delicate, high-value electronics requires choosing packaging and transport modes with tender loving care.
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Africa: The Last Frontier
Abundant natural resources, a growing labor force, and proximity to consumer markets in Europe and Asia make Africa an attractive target for foreign exploration—despite social unrest and a need for more government collaboration and logistics infrastructure investment.
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Mobile Communication: Connecting Supply Chains On The Go
Mobile communication tools deliver shipment visibility, worker performance, and asset-tracking data directly to managers, no matter where they are.
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Alaska: Logistics at the Global Crossroads
Shipments moving to, from, and through Alaska connect the state’s businesses and residents to the rest of the world.
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Going Green to Save Green
Can reducing environmental impact generate significant financial rewards? For Caterpillar, the proof is in the profits.
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Are Your Processes Adding Value or Waste?
Packaging helps protect and preserve products, but these days companies tend to over-package and over-protect. Excess packaging illustrates the waste known in Lean methodology as overprocessing. Added processing that doesn’t bring value to goods or services in the customer’s eyes creates unnecessary waste. When trying to eliminate overprocessing waste, start by focusing on standardized work. […]
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6 Secrets to Finding the Right 3PL
To help mitigate a potential capacity shortage, many shippers are turning to third-party logistics (3PL) providers to help cover lanes that otherwise would be difficult to fill. If you are looking to partner with a 3PL, these guidelines can help you secure a beneficial service provider relationship. 1. Choose carefully. Until recently, Internet access and […]
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Is Slow Steaming Good for the Supply Chain?
When shipping lines began promoting slow steaming—operating ships at lower speeds to reduce fuel costs and carbon emissions—they highlighted its environmental benefits. Slow speeds reduce fuel consumption and, therefore, the output of harmful emissions, helping shippers reduce their carbon footprint and reinforce their green image. Sailing ships at slower speeds does significantly reduce fuel consumption. […]
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The Top 100 Logistics IT Providers & Market Research Survey
Inbound Logistics reveals the latest logistics technology trends influencing the supply chain sector—and 100 companies that are breaking new ground and leading the market.
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Building an Effective Import Compliance Program
Q: How do shippers create an importing program? A: Meeting import control obligations need not be a painful experience. Proactive import compliance planning and governance will minimize the risks and negative consequences of non-compliance. First, understand current import laws and regulations. Familiarize yourself with government policies and procedures prior to actually importing your goods. You […]
Read MoreMinimizing Supply Chain Risk
Lean concepts such as just-in-time, virtual inventory, supplier rationalization, and fewer distribution facilities reduce total supply chain costs. They also increase supply chain risk. Chris Cameron, solution architect at Exton, Pa.-based supply chain solutions provider Elemica, offers these tips for preventing supply chain disruptions. 1. Identify and assess current risk. Quantify and prioritize risk, then […]
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