Gain Real-Time Information to Lose Risk: How IoT Sensors & Visibility Protect Your Supply Chain
When expensive goods or materials go missing, it can cost your company a huge amount of money.
There’s the cost of the goods themselves – plus the cost of replacing them, the cost of delayed delivery, idled labor and more. The knock-on impact can be massive.
Increasingly complex omnichannel business models are resulting in correspondingly complicated global supply chains. Maximizing efficiencies for time and cost in moving freight around the world is mission critical. This paper takes a high-level look at three opportunities for optimization: cargo consolidation, cargo risk management, and customs management.
STRENGTHEN YOUR STRATEGY WITH INTERMODAL
Amid mounting disruptions to the transportation industry, now is the time for shippers to both diversify shipping strategies and lock in relationships with strategic intermodal carriers.
Read this guide to learn about the mounting disruptions to consider when planning your transportation strategy and how to:
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Online freight transportation procurement tools offer the opportunity to untangle the current mess around the less-than-truckload and truckload bidding process. When looking for carriers in a bid for transportation sourcing, shippers and third-party logistics providers (3PLs) should focus on improving the accuracy of their data before submitting, leveraging technology to catch and correct common mistakes. In addition, stakeholders must move the transportation request for proposal (RFP) process beyond spreadsheets and embrace online platform possibilities to competitively manage the complexity of multiple bids, streamline resources, and maximize choice and flexibility. Click Here to view.
With an influx of goods, distribution centers and stores should be prepared. LSPs are especially affected as they play a pivotal role in ensuring that orders are delivered on time and stores are well stocked for the peak season. With Blume Global’s paper, just in time for the holidays, LSPs can learn how to use technology to fulfill and exceed customer expectations, optimize their operations and go beyond existing industry standards to compete. Download
“Trade wars are good, and easy to win.” With those fateful words, uttered by President Trump in March 2018, the US government embarked on a prolonged conflict that will have lasting consequences not just for the economies of the US, but also for China and the global trading community. Over the course of two months this summer and fall, the JOC interviewed numerous industry stakeholders, economists, and other experts about the lasting impact the trade war has had on supply chains that, in some cases, were decades in the making. Whether an agreement is reached in the short term or not, manufacturing and transportation networks have changed in ways that will continue to play out for years. Read how in the wide-ranging JOC whitepaper.
Supply chains are running at full steam, despite many obstacles; rising transportation costs, sourcing shifts, retaliatory tariffs, demanding customers and other challenges will affect all industries - and often not for the better. This eBook discusses the stormy, highly unpredictable environment of global trade and the measures you can take to keep your supply chain from becoming a casualty. Topics covered include: how you can manage supply chain disruptions, maximize free trade agreements, reduce compliance risk and how to digitize your supply chain.
Some steamship lines advise shippers of heavy freight to limit container weight to 44,000 pounds or even less to remain within so-called “legal” limits.
Shippers who abide by this guidance could be shipping 25% more containers a year than needed – andpaying for the privilege.
This eBook from I.C.E. Transport explains how heavy freight shippers can unlock a six-figure savings opportunity. You'll learn:
What are the true weight limits for container freight?
Why are land side services the key to ocean freight savings?
How are other importers shipping smarter for big savings?
Download the eBook to learn the ins and outs of efficient ocean shipping of heavyweight and over-sized freight.
You may not have been directly impacted by previous rounds of tariffs imposed on imports from China. However, if the fourth round goes into effect and all 3,805 full and partial tariff subheadings are included, your business could suffer—unless you are prepared. Here are several things you can do to help mitigate the effects of the fourth round of 25% tariffs...
Supply chain visibility is much more than just simply tracking a container from location to location. It’s following every step a product takes, from the development of its concept, up until the buyer receives the receipt of payment. In fact, 68% of industry leading companies have visibility into supplier quality and manufacturing processes – how does your company compare? In order to achieve this "true visibility" into the supply chain, companies must invest in a comprehensive technology that embraces full transparency - or a digitized global supply chain control tower.
Unexpected demurrage and detention fees can be extremely frustrating. Not only do they result in delayed deliveries and payments, they lead to lost sales, tacked on fees, and ultimately an impact to your bottom line. However, with the right tools in place, you can see a reduction in demurrage and detention fees by 25-50%! Amber Road's eBook, Demurrage & Detention: The Cash Opportunity of Logistics, highlights ways to mitigate issues that come with unpredictable shipping schedules and customs clearance, by using a global trade management (GTM) platform.
By pulling the collective resources of the members to provide intermodal chassis, NACPC is able to offer at-cost pricing, which provides trucking companies significant savings compared to the competition.
The Internet of Things (IoT) has become commonplace in almost every home and office. We use it to turn on the lights, connect our devices to satellites broadcasting streaming media, or place orders for grocery delivery. But the IoT has also quickly become an integral part of supply chains. It provides us with the advantage of using systems already in place, such as our smartphones or supply chain execution platforms, to expand our capabilities for more responsive and manageable supply networks.
With less than 10 months before the International Maritime Organization (IMO) regulation on sulfur oxide emission goes into effect, carriers and shippers alike are facing an uncomfortable uncertainty over its potential effects on costs and freight rates as they enter the 2019-2020 trans-Pacific contracting period. The 2020 deadline to reduce sulfur oxide emissions to 0.5 percent m/m is one of the most significant regulations impacting liner shipping in recent memory. Lacking an industry standard for fuel-surcharges computation or a clear picture of the underlying costs for low-sulfur fuel, participants can only roughly estimate its economic impact. Several factors affecting a carrier’s calculation of the fuel surcharges add complexity, making transparency ever so paramount to building trust on both sides. The intention of this whitepaper, produced by Seabury Maritime in cooperation with Gemini Shippers Group, is to promote open dialogue between carriers and shippers by providing insight and a general understanding around metrics used behind bunker calculations.
The IMO is the United Nations agency responsible for implementing global maritime regulations after they are ratified by a number of member states. On Oct. 27, 2016, its Marine Environmental Protection Committee (MEPC) agreed to implement a global 0.5 percent m/m sulfur oxide emissions limit, effective Jan. 1, 2020. The current global limit is 3.5 percent m/m sulfur oxide. Airborne sulfur oxide is a dangerous pollutant, especially near population centers, and is a leading cause for acid rain. Studies have shown that sulfur oxide is a cause of respiratory diseases such as asthma.
Increasingly complex omnichannel business models are resulting in correspondingly complicated global supply chains. Maximizing efficiencies for time and cost in moving freight around the world is mission critical. This paper takes a high-level look at three opportunities for optimization: cargo consolidation, cargo risk management, and customs management.
