Archive for supply chain visibility

A CEO’s Take on Transportation and Coronavirus

Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus.

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Transportation in the Time of a Pandemic

In the wake of the COVID-19 pandemic, the long-haul transportation industry has been tested daily. The biggest issue? Fluctuations in supply and demand. Spot loads quadrupled in the last month with outbound tender volumes at their highest since 2018. In April, freight volumes increased from 100,000 loads per weekday to 150,000 loads at its peak, loads remained consistently above 130,000 each day early in the month. Volumes have since cooled; however, volatility prevails as manufacturing […]

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Five Ways Data Is Transforming the Supply Chain

Real-time supply chain data is the foundation for trust between supply chain partners. And so it follows that the data – and the data supplier – that underpins any network should be agnostic. From a technology perspective, the typical enterprise in the supply chain is a collection of silos. With a solid foundation of common data across these silos, trust can blossom between supply chain partners.

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Seven Steps to Supply Chain Autonomy

The new competitive imperative is true supply chain autonomy – one that senses disruptions in real time and takes corrective actions with no human intervention. This concept might seem visionary, but it’s increasingly within reach. The important thing to remember is that full autonomy is a journey — and you’re probably already taking one of these seven steps that place your company on the path. The old supply chain mantra used to be “cheaper, faster, […]

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A Must Read: The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies

It is rare at Logistics Viewpoints (LV) that we would do more than reference a few sentences from another publication. However, I believe that Bloomberg Businessweek’s recently published article titled The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies is thought provoking and (potentially) consequential enough to warrant an entire post. I recommend that LV readers set aside some time to read the entire article for themselves. But in the meantime, I […]

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What Makes A Visibility Project Successful?

With the advancements made in GPS-based real-time tracking of commercial transportation over the last several years, visibility has become a hot topic again. Today, we can know the location of our freight on an almost instant basis and even get accurate predictions of when it will arrive. Recently, I was with a large retail customer who is interested in adding this capability to the visibility solution that they successfully deployed years ago. I am pretty […]

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Utilizing Big Data to Improve Supply Chain Performance

Measuring on-time performance was once the most common key performance indicator (KPI) for transportation departments when visibility solutions first became available. Each quarter, a carrier score card was reviewed. Ocean and air carriers were measured by on-time performance.  Rail carriers reported and measured theirs as scheduled departures. And motor carriers were measured by their service types. Very rarely were companies looking at the performance of multi-mode or multi-leg shipments. Even more uncommon were the best […]

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Sneak Peak: Global Trade Management (GTM) Market Update

ARC Advisory Group conducts an annual in-depth analysis of the worldwide global trade management (GTM) software market. The research process includes the analysis of large amounts of information and interviews with executives from numerous GTM companies. The process concludes with the publication of ARC’s Global Trade Management Market Research Study. I am nearing the end of the study update process and thought I would take this opportunity to discuss some of the GTM market’s current characteristics. ARC’s […]

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Taking Bytes of Logistics

Modern logistics is data-driven, and this concept is becoming essential to success in 2017. Take a look at the increasing geographic, political and price barriers to shipping in different parts of the world and the U.S., and you will notice an increased data-collecting presence For manufacturers, this means having more detailed, accurate forecasting models ready in real time. Consequently, for shippers the task of tracking product and information data across global supply chains, while balancing […]

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Global Trade Management Software –Execution, Visibility, Compliance …and that Darn Tax Wedge

Global trade and free trade agreements – they’re hot topics today and they are responsible for tectonic shifts in various industries and the economic welfare of many. But they’re also topics that require ongoing management by today’s multinational companies and their trading, logistics, and finance partners. Luckily, there is a software application for that. A quick primer as I embark on the update to ARC’s Global Trade Management Market Research Study Trade Compliance That darn tax wedge. I consider trade […]

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