Flows and Tolls Archive
08 Dec 2020
How Onshoring Makes Supply Chain More Efficient
Supply chain managers keep discovering the benefits of onshoring options, taking advantage of contract manufacturers that use digital technologies and smart, on-demand manufacturing on shores. Managing global supply chains has arguably never been more challenging. Every industry has had its fair share of macro-economic unpredictability over the years, be it natural disasters, health epidemics and
27 Oct 2020
Supply Chain Agility in an ERA of Continuous Change
For many organisations today, constant and disorienting change is the new normal. Challenges are common and supply chain leaders need to step off the treadmill and escape a perpetual crisis mentality. Bob Ferrari, managing director of The Ferrari Consulting & Research Group, explained that the single biggest challenge that organisations face today is the overall
25 Aug 2020
No Supply Chain Can be 100% Secure: Here is What TO DO
Today’s new security systems allow threatening materials, weapons, drugs and currency to be detected and identified automatically, even in concealed shipments. Even so, enhancing security levels should still become a major priority for governments and companies due to reliance on technology that is continuously growing. For instance, in some parcel bomb incident discoveries, the US
18 Aug 2020
Digital Platforms in Freight Networks Supply Chain
Digital freight networks (DFN) are a new class of freight service providers that combine technology, data, and a dense network of carriers and shippers to reduce the inefficiencies in the freight industry. Unlike traditional brokers and asset-based carriers that focus primarily on transporting freight, DFNs move freight more efficiently while also providing insights that help
11 Aug 2020
Preparing Supply Chain for AI, Blockchain & Machine Learning: 5 Questions to Ask
Data is the new oil – it becomes more essential than ever. Technological leaps like blockchain, artificial intelligence and machine learning run on data. They’re already beginning to transform supply chain operations across many sectors. So, is your supply chain organization prepared to adopt these emerging technologies and generate operational improvements to deliver the anticipated
07 Jul 2020
4 Core Supply Chain Capabilities
Organisations are moving away from focusing their supply chain efforts on functional excellence to leveraging supply chain as a strategic capability, Deloitte study found. With this, supply chain firms should fulfil the core capabilities that form the functional backbone of the supply chain itself. These core capabilities also help supply chain operations at leveraging its
05 May 2020
Business Tips for Savvy Supply Chain
Supply chain is the lifeblood of any business, impacting everything from the quality, delivery, and costs of business products and services to customer service and satisfaction. No wonder, the pressures on supply chain teams, including maintaining its sustainability, cost efficiency, disruption and risk mitigation are increasingly growing in terms of complexity. Based on IBM research, many
24 Mar 2020
Defending Logistics & Transportation from Cyberattacks
In June 2017, one of the biggest ransomware attacks targeted a shipping company A.P. Moller-Maersk, costing the company an estimated $300 million with no way to clean the infected computer system. Maersk had to rebuild a significant portion of its IT infrastructure, installing over 50.000 new PCs, servers, and applications over the next two weeks.
17 Mar 2020
Coronavirus Impact on Port and Economy Globally
American Association of Port Authorities (AAPA) has issued a statement highlighting the impacts that Covid-19 (coronavirus) has upon the ports, the shipping industry, the logistics, the economy, and the human health. As stated in the AAPA Press Release, Covid-19 will impact cargo volumes at several ports during the first quarter of 2020, as they might
12 Feb 2020
The Cost of Unproductive Time in Distribution and Fulfilment
Managers are expected to improve operational efficiency by getting back mere seconds from each workflow to improve overall time and cost savings. According to Honeywell research, nearly 8 out of 10 (79 percent) managers have been tasked with finding cost savings from existing operations. Given that, managers should be able to put priorities. In terms