Many companies today still employ various point solutions from niche AP and P2P software providers to execute the financial supply chain. In doing so, companies over-complicate the very process they seek to simplify. Point solutions reside in a silo, preventing the flow of data across departments such as sourcing, logistics, treasury and finance. They become a barrier. PayStream Advisors suggests companies can gain the same benefits seen with niche providers, but through a single, consolidated platform that houses multiple solutions. By using a broader platform approach with their supply chain transformation, companies gain more than just a single point facilitating multiple solutions—this platform houses, connects and shares data across all areas of the business process, including the physical and financial supply chain
Three Must-Have Capabilities to Achieve Global Supply Chain Visibility
The importance of international supply chains is apparent, as 48% of companies now do business in more than 50 countries, and 32% do business in more than 100 countries. But growing complexities, such as distance, culture, and time-zones, make it difficult to manage international supply chains and can jeopardize competition in the marketplace.
Global supply chain visibility can help combat these complexities and ensure the success of a company’s international supply chain. This eBook identifies three key capabilities for attaining global supply chain visibility:
- Quick access to global supply chain information
- Proactive supply chain alerts
- Efficient collaboration with global trading partners
58% of companies agree that their inability to take advantage of preferential duty programs is costing them a material amount today and unless corrected, will only increase. Foreign-Trade Zone (FTZ) programs offer an opportunity for substantial import/export duty and fee savings, in addition to increased supply chain efficiencies and trade compliance improvements.
Download this eBook today to learn how you can get started with FTZs. Key topics include:
- An overview of FTZs
- The duty and merchandise processing fee savings offered by FTZs
- How FTZs can improve supply chain performance
- The challenges associated with incorporating a FTZ and how automation can help
Don’t let the next seasonal peak limit your logistics strategy. 75% of logistics professionals report that their inventory significantly exceeds capacity at some point during the year. These peaks present a host of financial and logistical challenges but solutions do exist. FLEXE conducted a broad survey of logistics professionals to help our industry better understand the inventory fluctuations we hear about every day. Download the complimentary white paper “Warehouse Capacity Economics and Trends” to discover these key drivers of supply and demand fluctuations, the most common solutions, and how dynamic capacity modeling in conjunction with on-demand warehousing change the warehouse network planning equation.
When the temperature dropped, snow fell and traffic stopped, a major automaker relied on support from its ocean carrier partner to keep its supply chain and assembly line running.
Any carrier can deliver port-to-port services but then you carry the burden of final delivery. It’s time to start contingency planning for the upcoming winter. Find out what communication resources helped ensure end-to-end delivery during one of the worst winters in recent years.
Inportant! : The Terminal Information Portal System, or TIPS, will make your working day easier.
The ﬁrst system of its kind in the United States, TIPS was developed by Sustainable Terminals Services Inc. (STS), a nonproﬁt company created by a consortium of port terminal operators. The tool compiles information from all six container terminals and makes this data available to qualiﬁed users in real-time over the Internet. Container availability, booking status, vessel schedule and empty container return location information — all this and more — are available on a single online platform. TIPS was developed in response to a Port Performance Task Force recommendation to create a port community system. Interested? Click on the link above to read more.
Air cargo can help optimize your global supply chain with speed to market and the best combination of service and price. This white paper explores.
- How air cargo can provide quick response to market demands
- The value of technology in air cargo services
- The benefits of air cargo in emerging markets
One of the greatest supply chain challenges that companies face is to reliably and profitably meet global demand. Outsourced manufacturing, lengthy global supply chains, a large number of suppliers, and volatile demand all create an environment where supply chain decision-makers worry that they can't deliver on promises they've made.
But companies with a strong assurance of supply program have confidence in their ability to fulfill demand. They're able to make dynamic, data-driven changes in the execution stage to counter disruption and volatility. These decisions are made possible by cloud-based supply chain technology.
Getting stock levels right has always challenged retailers. But now, a revolution in customers’ shopping habits has rendered all traditional inventory management tactics inadequate. Today’s retailers need to look upstream in the supply chain network to solve inventory problems. Yet this upstream focus remains dark, uncertain territory for many. Retailers must become more aware of all their operations. That means having detailed information about their entire supply chain network. By having the visibility and communication tools to make quick changes, a supply chain can parry any sudden demand shifts with ease.
Navigating the World of Tougher Product Safety and Compliance Requirements
Global organizations are operating their supply chains in an environment of increasing complexity and ever-changing regulatory constraints. The product safety and compliance risks involved are especially persistent and costly, and achieving supply chain excellence in these areas is a journey with many obstacles to overcome.
This white paper identifies best practices for properly navigating the product safety and compliance requirements for your supply stream. Key topics include:
- How global sourcing shifts influence product safety and compliance
- The growing regulatory pressures from nearly every level of government
- Approaches to help manage the increasing regulatory requirements and streamline product safety and compliance initiatives
A paradigm shift is occurring within the commodities shipping industry. More and more, foreign entities want to skip the traditional way of purchasing their products where there has been a merchant in between the seller (grower) and the buyer (foreign company).
Similarly, sellers are showing a preference toward direct sales to increase their margins. These two-party transactions help alleviate costs and allow buyers to gain more control over both the quality of the product they receive and the timeliness of the shipments.
With a long history as a commodities merchant, Dunavant is uniquely positioned to help these foreign buyers and sellers understand the nuances of shipping commodities from farm to final destination.
Are you striving to bring new products to market faster and optimize supply chain efficiencies?
Without fully integrating trading partners to connect your entire global supply chain, this is an impossible objective.
Amber Road’s new white paper explains how a collaborative supply chain platform can enable you to:
- Improve accessibility to shipping information
- Effectively manage all local and global compliance requirements
- Increase visibility into your product, production and supply chain processes
Download this white paper to learn how you can achieve supply chain success with a collaborative Product Lifecycle Management solution!
A continuing capacity shortage, rising freight rates, and stricter government regulations exacerbate transportation challenges faced by shippers. Outsourcing transportation can be a solution - and for many companies is the most important strategic decision it makes. This whitepaper provides practical tips on how to outsource transportation effectively, and covers the following:
- Does your company have a culture to embrace outsourcing practices?
- Evaluating whether or not you should outsource
- Identifying your technology needs, requirements
- Seeking out the right capabilities
- Evaluating your outsourcing success
Imagine a world where physical objects exchange knowledge and cooperate together like teammates to achieve unparalleled business efficiency. From textile looms to shipping pallets to store shelves, everything in the supply chain would sync, automatically, to optimize operations.
The Internet of Things is bringing about that world at a furious pace—very soon over 26 billion devices of all shapes and sizes will be connected to the Internet. Retailers and manufacturers will face greater complexity than ever before, but there are tangible steps you can take to prepare yourself to thrive in the upcoming whirlwind of the internet of things supply chain.
Powerful TMS applications give shippers the ability to manage orders, optimize loads, select the best carriers, settle payment and manage claims, and much more. This whitepaper highlights best practices of how these leading companies are experiencing significant benefits from technology - all provided by LeSaint's strategic technology partner:
- BE Aerospace: "Freight Payment Audit Details Transportation Spend"
- RSC Equipment Rental: "When Quicker Is Better"
- Service Master: "Technology That Turned Complex Business Challenges Into Solutions"
- Technicolor: "Color Me Visible
How Collaboration Reduces Your Global Supplier Risks
Today’s supply chains are increasingly complex, and companies must manage risks both proactively and reactively to avoid disruptions like quality issues, shipment delays, product shortages, and excessive expediting costs.
Download this white paper to discover the strategies your organization can employ to minimize supply chain risks, including:
- Identifying global sourcing risks
- Analyzing future risks
- Collaborating with supply chain trading partners to react before, during and after disruptions
- Selecting the right solution for your organization
PIERS, the Standard in Trade Intelligence, has partnered with InformEx, to offer a one of a kind report available for free download that examines some of the most important early-stage intermediates for the specialty chemicals: naphthalene, maleic anhydride, gyloxal and adipic acid. Shipping records reveal top U.S. importers and exporters, foreign producers and top export markets and source countries — knowledge that can help influence decisions and prompt industry players to ask the right questions when making strategic decisions.
Are you Omni-Channel Ready?
Learn why retail 3PLs are uniquely positioned to help retailers bridge the gap to an omni-channel shopping environment with their expertise in these key capabilities:
- Inventory visibility
- Optimized fulfillment
- Perfect packing
A recent Supply Chain Insights survey found that GTM software yields a clear return on investment and high level of satisfaction. In fact, 67% of respondents reported a ROI of thirteen months.
The resulting report, Imports and Exports Made Easier with Global Trade Management Software, takes a closer look at:
- How effectively respondents are managing imports and exports
- The implementation of GTM software
- The use of and satisfaction with trade content
- Recommendations for GTM success
Download your complimentary copy to learn about the importance of GTM software and how you can achieve a ROI!
Today's supply chains are anything but simple. Made up of hundreds of partners spanning continents and oceans, they contain a bewildering number of moving parts. Disruptions - like strikes, natural disasters, economic sanctions, etc - can bring a supply chain to its knees. Even normal market fluctuations in demand, particularly of today's volatile sort, can cripple a business. The only insurance against this is to create an agile supply chain that can parry unexpected events. Since transportation is businesses' highest indirect cost, making it agile can create a strong foundation for the whole supply chain. Brand new global TMS technology is enabling just that.