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Showing posts from July, 2019

What do you need to know about food supply chains? Max Lypchak Max Lypchak

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Automation is a major precondition for advancement in passenger and cargo transportation. With the introduction of new operational models, logistics today has become much more complex. Clients expect faster service and more transparency. So, even small and middle transportation businesses turn their attention to digital solutions in hope to minimize manual management, paperwork, and foot-dragging. TMS and FMS: Keep an Eye on Your Vehicles on the Way TMS  (transportation management system) and FMS (fleet management system) are the two quite similar digital products with often intersectional functions. Their spheres of use include distribution, vehicle rental, passenger transportation, etc. As all automated systems described in this article, they can be both used separately or integrated into the company’s  ERP (enterprise resource planning system). You may read the complete article about 5 Progressive Digital Solutions to Upscale Your Transport and Logistics Business...

What did you do to reduce freight costs in your business?

These are few steps You can achieve this: Consider Cargo Consolidation Consolidating products from various suppliers to combine shipping, or combining your shipments with other nearby companies to the same retailer, is the best solution for saving shipping costs. Ask for help from your local Chamber of Commerce or your local business organization to find a suitable shipping partner business. Take smaller shipments, fewer containers / trucks (LCL or LTL) and combine them into larger, full container / truck shipments (FCL or FTL) to reduce shipping costs. Evaluate Your Mode of Transportation Sea transport is usually a cheaper option than air, especially for international shipping, while local transport is best sent by train. Evaluate your process, know which products you send and the distance of the trip. Consider alternative transportation modes or even a combination of modes, if necessary. Turn to look for shipping offers from various transportation providers and value if ...

What are some tracking solutions to improve supply chain and logistics business ?

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TMS and FMS: Keep an Eye on Your Vehicles on the Way TMS  (transportation management system) and FMS (fleet management system) are the two quite similar digital products with often intersectional functions. Their spheres of use include distribution, vehicle rental, passenger transportation, etc. As all automated systems described in this article, they can be both used separately or integrated into the company’s  ERP  (enterprise resource planning system). FMS majorly relies on telematics and satellite-based communication to collect real-time information from the vehicles for their en-route tracking and transportation process monitoring. This information is further distributed to other software applications, like TMS, to help the back office with productivity improvements. The technologies used include GPS (global positioning system), GIS (geographical information system), IoT (the internet of things), and telematics devices. The data collected include vehicle conditi...

What transportation industry trends will we see in 2019 ?

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There is no doubt that transportation is an industry that faces rapid development and changes - especially since car sharing and shared mobility are still booming. It shouldn’t be surprising that it attracts new big players such as power companies, and that the industry aims for having a diverse portfolio including free-floating car-sharing and other connected services. What are the most significant emerging car-sharing and transportation trends in 2019? Power companies are growing interest in car sharing Although car-sharing is usually associated with companies that are already involved in transportation, new big players are coming. Power companies are one of them which seems to be a smart move as the shift to EVs and alternative fuels will likely make an impact on oil and gas revenues. This situation is unlikely to stop and the power sector can play a big role in managing supply and demand for electricity, supporting the development of alternative fuels and long-range b...

What are the biggest logistical bottlenecks in the United States ?

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The I-95 corridor I-95 passes through the most densely populated part of the United States. In the north, it’s fully constrained on both sides. It contains the busiest rail corridor in the country too. And the busiest air traffic routes too Connecticut calculated that business losses due to congestion on I-95 were in the range of $1.4 billion a year. The corridor is badly in need of an upgrade. One of the problems is that cities have expanded to meet I-95 when it tries to skirt around cities, which means it’s not really the best way to travel if your going any distance Here’s the metro DC area. The District of Columbia itself is outlined in black I -95 enters at top right and exits at bottom left. It cuts right through the most congested part of the metro area. This corridor is badly in need of an upgrade. Freight rail should be moved further inland, which would allow more frequent passenger service and an upgrade of the line. One of the reasons there is no hig...

What are some interesting startups in supply chain/logistics?

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Imagine you scan a barcode of a random product in your groceries and instantly see every company in the supply chain that processed it. You can also track the product back directly to the producer and verify its origin. Currently, the process of tracing back a product’s origin may last days or weeks. With daily discoveries of product defects just in United States, this is one of the biggest problems in the supply chain industry. Read more about food traceability inefficiencies here:   Chicken, farm and blockchain. Blockchain (the technology behind Bitcoin) has a potential to tackle the main challenges which limit the fluent exchange of, and integrity of data in product supply chains and contribute to much faster food traceability. Blockchain companies such as   OriginTrail ,   Vechain ,   Waltonchain   are actively working on blockchain solutions addressing the food traceability problems. Walmart — the biggest retailer in United States —has recent...

What are the top 10 tips to become a pro supply chain management?

Top 10 Professional Development Tips to Take Your supply chain management Career to the Next Level. If you want to get more tips for supply chain management career, pls leave your comment below. 1. Don’t be afraid to take a unique path to your goal “Something people need to realize is that you can move laterally instead of starting over from the bottom. Don’t be afraid to shift positions within the same industry or even within the same functional area (i.e. sales, HR, IT, etc.) This can allow you to make sure you never fall down a rung on the career ladder while still getting closer to your goal.” – Sean Sessel, The Oculus Institute 2. Make a point to work with people you butt heads with “I think too many people avoid working with people who have different perspectives than they do and that’s a mistake. Having people who think, act, and perform differently from you helps you grow and expand your ability to contribute more broadly across your organization. “Your ideas can...