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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Do we have a demand forecasting tool in place and, if so, how good is that forecast? For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. First comes the data and how well we understand it.

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The Cost of Using the Wrong Mode When Capacity is Tight

Blue Grace Logistics

Consumer buying behavior has tightened capacity in all modes of transportation. In a 2021 study by Inbound Logistics, logistics technology providers said that 58% of their shippers were concerned with capacity constraints, triggering 68% of shippers worried about how they were currently optimizing their transportation resources.

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Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price. Procurement ran a request for proposal event.

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Navigating Supply Chain Disruption

Logistics Business Magazine

And as climate change triggers an increased number of extreme weather events, organisations today rely on weather condition data to ensure their supply chains continue to run smoothly. Without the capacity to then quickly reroute vessels to reduce delays in trade routes, these events become increasingly difficult to overcome.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

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Amway cuts costs with transportation procurement tool

Transporeon

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., We did about 99% of the work ourselves to launch the bid event, and it enabled us to be strategic instead of transactional throughout.”

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Ocean Carriers Managing Capacity to Balance on Incremental Fuel Costs

ShipLilly

Perhaps many of the carriers will opt to repeat the tight capacity management approaches that were used in 2019 for purposes of maintaining a specified floor on rates. Early indicators are that many of the ocean carriers will seek to maintain rates by managing their capacity effectively. 2020 carrier strategy.