Archive: Sep 2018

Moving Cross-border Shipments

As your suppliers and customers become more geographically diverse, more of your supply chain and customer experience depends on moving shipments through Customs accurately and without delay. 1. Create a dashboard for incoming orders. A visual tracker of inbound shipments may help simplify the importing process. Tracking where orders and shipments are while in transit, […]

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TradeLens Caps Blockchain Initiative

TradeLens Caps Blockchain Initiative

In an effort to apply blockchain to the world’s global supply chain, Maersk Line and IBM have collaborated to develop TradeLens, a blockchain-enabled shipping solution to promote more efficient and secure global trade, bring together supply chain partners to support information sharing and transparency, and encourage industry-wide innovation. To date, 94 companies are actively involved […]

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Keith Biondo

Returning Experience

The war between the retail/e-commerce customer experience and increasing costs is heating up, thanks to the impact that rising transportation prices are having on the retail process. That trend plagues e-commerce players and retailers, both large and small. For example, in July 2018, spot market trucking costs were up 30 percent year-over-year, according to DAT. […]

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Home Depot Builds New Supply Chain

Home Depot Builds New Supply Chain

Home Depot will spend $1.2 billion to overhaul its supply chain to offer faster delivery for consumers and businesses. Walker Sands’ 2018 Future of Retail report offers the home improvement retailer some advice: To compete with Amazon, Home Depot should focus not only on delivery speed, but transparency as well. Only 30 percent of consumers […]

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Michael Gravier

Leveraging Technology: Put Strategy First

With all the hype about technology’s potential, it’s easy to lose track of the basic truth that technology enables strategy. Technology applied to an inappropriate strategy will accelerate a firm’s demise. Tech trends enable strategies that are reshaping global supply chains. These new technologies complement each other; used in combination they create synergies far beyond […]

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Is Asia The New Bermuda Triangle?

Is Asia The New Bermuda Triangle?

Large shipping losses declined by 38 percent globally over the past decade, but losses in Asia rose year-on-year, with incidents in the South China, Indochina, Indonesia, and Philippine maritime regions rising 25 percent. That makes Asia the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new […]

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Doug Collins

5 Tactics for Managing the Unexpected

No supply chain is immune from risk, and the farther a company’s supply chain traverses the globe, the more opportunity for things to go awry. Companies can take proactive steps to ensure they won’t be blindsided by sudden changes to their supply chain. Taking out a credit insurance policy from a credit insurer is just […]

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