Articles
How-To
Selecting a Cloud-based TMS
Selecting and implementing a SaaS-based Transportation Management System (TMS) requires careful thought. Future users and decision-makers need to: 1. Establish clear goals and priorities in advance. Clearly understanding your priorities and goals in advance will help narrow your TMS search to only those SaaS platforms that meet your needs. Calculate the expected return on investment. […]
Read MoreMinimizing Airfreight Costs
To combat trade wars, tariffs, and other obstacles, it’s important to optimize your supply chain. One way is to minimize the cost of air freight, which is generally a fast and reliable—but expensive—option. 1. Evaluate lead times and use THE appropriate transport mode. If lead times aren’t tight, consider using slower transportation methods, such as […]
Read MoreOptimizing Ocean Transport
The growth in e-commerce orders and strong economy mean companies are extending their supply chains to reach a global audience. Ocean transportation is a complex mode with unique considerations. To streamline your ocean freight process: 1. start consolidating Minimize less-than-containerload shipments by consolidating multiple products coming from the same area into a single container. Shipping […]
Read MoreDefending Against Supply Chain Hackers
While your company may have excellent cyber security practices in place, your suppliers may not. These best practices will help protect your company from hackers who attack your supply chain partners. 1. Review Incident Response Plans. Always make sure vendors have an incident response plan in place before conducting business with them. If there is […]
Read MoreMoving 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, […]
Read MoreMitigating Cargo Theft Risk
Cargo theft continues to be a challenge to shippers, totaling an estimated $145 million in losses each year in North America. 1. Develop a plan. Establish security procedures for carriers hauling your freight. Ask drivers not to stop within the first 250 or 300 miles of pickup unless there is a real emergency. It’s not advisable […]
Read MoreImplementing Blockchain Technology
Blockchain technology creates a global and trustworthy history of a product—from transaction to production to consumption. It has the potential to revolutionize workflows across international borders, empowering an automated, connected supply chain with simplicity and traceability. 1. Flip your thinking. Many consider blockchain a solution seeking a problem. It’s actually the answer to an array […]
Read MoreLeveraging Big Data in Your Organization
Big data is a hot buzzword, and the phrase has different meanings for different organizations. But no matter how you define it, there is no doubt that using statistical science and data analytics can help drive operational growth and supply chain efficiency. Robert Daymon, senior vice president of operations at Transplace, offers these tips to […]
Read MoreCompeting With E-Commerce Giants
Despite the highly competitive environment, it is possible for small and mid-sized companies to compete with the e-commerce giants. It just takes creativity, a strong, optimized supply chain and, of course, exemplary customer service. Paul D’Arrigo, vice president of information technology for Spend Management Experts, offers this advice. 1. Provide excellent customer service. Ensure the […]
Read MoreIncreasing Supply Chain Visibility
In our "now" economy, consumers demand real-time visibility, along with the near-immediate delivery of goods. This has created a great deal of supply chain disruption, causing businesses to reevaluate the way they operate. Gary Allen, vice president of supply chain excellence at Ryder, provides tips on how to achieve end-to-end visibility, and ultimately ensure a […]
Read MoreChoosing a Third-Party Logistics Provider
A strong performing third-party logistics (3PL) provider can help you increase efficiency, control costs, and improve customer service. However, not all 3PLs are created equal. Tom Patterson, senior vice president of warehouse operations at Saddle Creek Logistics Services, recommends taking these steps and looking for certain characteristics to ensure you select a provider that can […]
Read MoreImproving Supply Chain Network Strategies
Today’s world of disruptors and changing consumer behaviors drives companies to continuously revisit their network strategies. Social media ads, mobile purchases, and same-day delivery changed the way we shop, and keeping customers happy has become a challenge. Jason Deloach, vice president of engineering at Americold, offers these tips to create a flexible,demand-driven supply chain. 1. […]
Read MoreOptimizing Route Planning to Cut Costs
With consumers expecting more delivery options and the return of rising fuel prices, supply chain managers are finding ways to run leaner. For instance, ensuring transportation operations are making the most efficient use of vehicles, fuel, and drivers is a high priority. William Salter, CEO and president of Paragon Software Systems, offers these route planning […]
Read MoreReducing Packaging Costs
While most businesses are ramping up for peak season, some parcel carriers sent their own early greetings with holiday surcharges. Fortunately, that doesn’t mean your company has to raise prices or take a financial hit. Try these packaging moves to help offset higher parcel costs farther up the supply chain, says Rajiv Saxena, supply chain […]
Read MoreInvesting in the Right Transportation Management System
The demand for transportation management systems (TMS) is on the rise. A basic solution manages truck and carrier dispatch, fleet maintenance, driver records, billing and driver pay, and DOT compliance. Additionally, a TMS streamlines operations by optimizing carrier routes, managing customer activity, and reporting analytics. Joe Couto, chief operating officer at HighJump, outlines factors to […]
Read MoreRecruiting Supply Chain Talent
New technologies, consumer demands, and the rise of the mobile workforce are shifting the business landscape quickly, making specialized supply chain and logistics workers more valuable than ever. It’s imperative for organizations to have a strategy in place to recruit and retain these talented workers. Tisha Danehl, vice president of staffing agency Ajilon, offers this […]
Read MoreMaking Vendor Managed Inventory Work
Vendor Managed Inventory (VMI) lets suppliers manage re-supply by monitoring customer stock levels and forward demand that optimizes working capital with service levels. This gives suppliers better visibility into forward demand, allowing them to produce, ship, and store more efficiently. As a result, customers have a smooth supply of product delivered at the right time […]
Read MoreGetting the Most From Your 3PL Provider
As the debate between globalization and regionalization continues, getting the most from your third-party logistics (3PL) provider is more important than ever. Businesses need to be agile and able to not only proactively respond to customers, but also adjust in response to any unanticipated business change. While many 3PLs offer similar services and capabilities, companies […]
Read MoreOptimizing Your Distribution Center Site
Maximizing the efficiency of your distribution center (DC) site requires strategic planning and ongoing analysis. Stan Krawitz, executive vice president, founder, and head of Canada for real estate advisory firm Savills Studley, offers these tips to help you get started. 1. Select a site location with labor pool availability in mind. When selecting a DC site, […]
Read MoreAdding Value to Your Supply Chain
Demand to provide the optimal customer experience continues to escalate, and companies must continually seek out better ways to deliver customer satisfaction and retention. Many companies find that value-added logistics services help give their supply chain a competitive edge. Once limited to services such as shrink-wrapping, display building, and rainbow pallets, value-added capabilities now include […]
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