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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

GlobalTranz

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Shipping processes revolve around a million-trucks-worth of data. Take a look at how your data can be used for continuous improvement across your organization.

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How Freight & Transportation Data Can Trim Your Transportation Spend

GlobalTranz

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need. However, as we’ve noted in a previous post, getting the right data is key as well. Luckily, this isn’t the case for transportation data.

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Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

But when organizations are unsure of the root cause of an operational issue, assigning employee training can offer dramatic insight and measurable data leading to enhanced performance, improved production and even internal cost savings. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. Valuable data also comes from auditing pre-training performance as compared to post-training performance.

Questions remain over feasibility of White House testing goals

The Supply Chain Journal

The impact: Without more detail, any prediction about the impact of the White House’s COVID-19 policy is basically an exercise in crystal ball gazing. We had suggested looking at incentives to employers who have higher than average vaccination rates, for example.

How much stuff is enough?

Logistics in War

The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network. by Air Commodore Hayden Marshall (Ret’d).

Stranger things: Air cargo becomes value play over ocean freight

The Supply Chain Journal

Mode conversion for international freight is one factor in the air cargo market’s 14 consecutive months of growth, according to new data released Wednesday. loss of capacity from the available fleet in April, according to analysis by Sea-Intelligence.

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Getting started with AI in Logistics

Logistics Trends and Insights

There is simple five step qualifier for this: Is this a high-frequency and data-driven decision? Is the workflow around the decision mature and has a well understood ROI from better decision outcomes? Do we have complete, accurate, timely, and consistent data for inputs? Can we quickly and accurately judge the decision outputs against a goal? Can we tolerate the costs of some mistakes? Consider a practical example.

Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. Supply chains are complex entities.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Vendor Managed Inventory Model : The manufacturer receives electronic data ( usually via EDI or the Internet) that tells him the distributor’s sales and stock levels. What is Value Analysis?

11 Golden Rules for Meaningful Supply Chain KPIs

Logistics Bureau

A prime example of this kind of manipulation (and really, it is manipulation), is when performance issues arise which result in shipment delays. For example, if you offer a three-hour delivery time window, you might consider that to be excellent service.

Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. As I wrote two years ago in my supply chain and logistics predictions for 2015 : Historically, Supply Chain Design was an exercise companies undertook at most once a year, or when a significant change occurred in their supply chain, such as an acquisition.

Mitigating the risk of quarantine and COVID-19 testing for seafarers

Shipping and Freight Resource

Unpublished data from one clinic has found that 1% of tests done in seafarers planning to join a ship were positive and these seafarers were successfully prevented from travelling to, and joining, the ship. Periods of planned outdoor exercise are essential and must be facilitated.

For Your Supply Chain KPIs to be Meaningful, Apply Some Golden Rules

Logistics Bureau

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs. A prime example of this kind of manipulation (and really, it is manipulation), is when performance issues arise which results in shipments being delayed. .

How to Get Your Forklift License: The Ultimate Guide [New in 2020]

Conger

This portion of training must consist of “demonstrations performed by the trainer and practical exercises performed by the trainee” [OSHA standard 1910.178(l)(2)(ii) ]. What a “data plate” is and how to read one. In it, we show examples of trucks that fall under the different classes.

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. All of the initiatives listed above support the company’s business strategy to be a leader in low-cost grocery retail, making Walmart a prime example of what enterprises can achieve when supply chain and overall business strategies are aligned. 5 Examples of Supplier Ethics Scandals.

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. A disciplined approach to the collection, cleansing, and standardisation of supply chain data. 5 Examples of Supplier Ethics Scandals. .

Reverse Logistics: Who Does it Well?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example.

Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. Data from barcodes, RFID tags, GPS systems, and the Internet of Things (IoT) mean that managers not only have to be good analysts, but they also have to be good at understanding the supply chain system instinctually.

Navigating unchartered waters

Automotive Logistics

Over the next few hours, the true severity of the incident became clear: a malicious computer program, dubbed “NotPetya”, had infected thousands of computers across the organisation’s worldwide operations, locking users out and encrypting data stored on hard drives. It’s almost the inverse, in my mind,” he says “Vulnerability comes from access to the network; getting access to systems and getting access to the data and information that you hold.

A hard look at software risks

Automotive Logistics

Römmele explains that all Continental products go through a threat analysis and risk assessment (TARA). “We There is an overlap of issues you would find doing a source code assessment and a static binary analysis,” Boulton explains. If they’ve been riding on the system thinking it’s going to remain a trust exercise forever, that has now changed.”. So, making sure you encrypt all the data, that you hash your passwords – these apply to cars as well.

[INFOGRAPHIC] The Rise of Enterprise Mobility in Manufacturing

GlobalTranz

With all of the emerging technology transforming manufacturing , supply chain, and logistics, such digitization, 3D printing or additive manufacturing , the Internet of Things , the great move to the cloud, big data, augmented reality, virtual reality, nanobots, and more, another great movement at the core of a lot of these other transformative technologies is enterprise mobility. this exercise helps retain mobility in the damaged joints".

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