Articles
IT Matters: Logistics & Supply Chain Technology
Use Supply Chain Modeling to Mitigate Port Shutdowns and Other Risks
Recent massive strikes among dockworkers on the California coast brought the reality of supply chain continuity planning to the forefront once again for global businesses. The Los Angeles and Long Beach ports handle nearly half of the nation’s cargo, and are the main gateway for imports from Asia, including automobiles, furniture, clothing, electronic products, and […]
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Using Analytics to Differentiate Your Customer Service
Differentiated service is about making your company easier to do business with, anticipating the needs of your customers, and having products available when needed. For example, when I travel last minute, I expect my preferred rental car provider to have a vehicle available for me when I arrive. I don’t think about their current demand, […]
Read MoreHow to Make Ship Arrival Analytics and Predictions More Precise
Ninety percent of the world’s logistics traffic moves via ocean transport, and until today, the entire logistics community of shippers, forwarders, carriers, and tracking technology providers has suffered from the struggle to consistently predict the precise arrival of the world’s ocean vessels with reliable certainty. Many in the supply chain industry claim that dynamically predicting […]
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Reducing Supply Chain Risk by Outsourcing Technology
Supply chain risk management is a major concern for many companies. Risk management data would influence board-level decisions for 70 percent of respondents to a Gartner IT Risk Management Survey, up from just 46 percent a year earlier. While data loss and the threat of cyber-attacks are the most well-known security issues, there are three […]
Read MoreHow to Wirelessly Enable Your Supply Chain
Just in time is challenging enough. It’s even more so when it involves high-value assets such as construction, forestry, and agricultural equipment. That was the case at one major U.S. manufacturer who supplied those kinds of equipment. For years, the company’s supply chain used specialized containers to shuttle work-in-process inventory between multiple suppliers and manufacturing […]
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Benchmarking Transportation Processes With TMS Data
Many businesses that ship products use transportation management systems (TMS) for visibility and control within their supply chain operations. The introduction of cloud-based TMS has also opened the door to many small and mid-sized companies to find great tools that fit their budgets. While using TMS capabilities to support everything from carrier rate management, shipment […]
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Inventory Replenishment: Why Push When You Can Pull?
Today‘s supply chains are undergoing significant pressures to become more demand-driven. Retailers, distributors, and manufacturers must choose the approach they hope will make the most profit. Should you produce goods according to demand forecasts, or by reacting to what consumers already bought? Companies are investing in a new generation of cloud technologies that enable the […]
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Ditch the Spreadsheet and Grow Your Business with Quality Data
To optimize logistics execution, shippers must gain visibility by adopting new technologies that provide high-quality data. But at many companies, separate freight procurement and logistics management functions leave managers struggling to optimize processes beyond freight rates, producing results that may have a large financial impact and damage customer satisfaction. Even today, many companies manage information […]
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Dealing With Demurrage, the Dreaded D-Word
Every industry endures a topic no one wants to discuss. It’s usually too painful or tedious to confront, although it probably will never vanish. For shippers and receivers who transport by rail, that topic is the dreaded demurrage. Demurrage is the fee charged for the extended use of a railroad-owned or privately held railcar. When […]
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Gamification: A New Way of Tracking and Improving KPIs
Harnessing and optimizing new technology has always been a cornerstone of the logistics sector. Dating back to 1781, when James Watt patented the first continuously rotating steam combustion engine, logistics has evolved by capitalizing on technological breakthroughs and innovations. So, perhaps it is only appropriate that an industry initially built on the back of the […]
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