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Technology: Page 863
Improved Invoice Processing and Increased Vendor Count
Challenge: In an effort to better communicate with external partners and suppliers, a national gas and convenience store chain was looking to improve order management, invoicing and overall visibility into the supply chain.
Reduced Time-Consuming Processes and Accelerated Trading Partner Onboarding
Challenge: A retailer and transporter of food goods was faced with a time-consuming integration cycle that was eating into the company’s bottom line. Their resource-constrained IT department was looking for an automated solution to simplify and accelerate its trading partner integration as well as efficiently manage complex data capture and transfer.
UPS Expands Cold-Chain Packaging Service for Healthcare
UPS has expanded its Temperature True Packaging service for cold-chain shippers.
Innovation in 3PLs Should Not Be an Oxymoron!
Analyst Insight: Customers of 3PLs face fundamental market transformation impacting their supply chain operations and initiatives. Connected commerce drives basic changes to fulfillment operations. Change is occurring at internet speed. 3PLs haven't traditionally been known for "anticipating" customer requirements changes. They have, however, been exceptional in responding to customers' requirements when the changes become apparent. In today's fast-paced markets, responding to change may not be enough. Vested relationships based on innovation are the new 3PL imperative. – Rich Sherman, author and founder at Gold & Domas Research
The Future Model: Driving Speed to Value for 3PLs and Customers
Analyst Insight: Implementation time-lines for transportation management outsourcing continue to shrink thanks to cloud-based systems, process standardization, and features like automated carrier contract management. This is not the case for facility start-ups. With 10+ key milestones, hundreds of key tasks and sub-tasks, time-line slippage and cost overruns can quickly extend the time to value for both 3PLs and shippers. – Valerie Bonebrake, Senior Vice President, Tompkins International
Tightening Supply Chain Security Yields Many Benefits
Analyst Insight: Companies today face a wide range of security risks to their supply chains as well as to their sources of supply. In order to overcome vulnerabilities, they should have a deep understanding of their internal and external supply chains, and be able to quantify the likelihood and impact of security threats. – Glen Goldbach, Director, and Kelvin Harris, Director, PwC's Advisory Practice
Food Supply Chains in 2015: A Banquet of Risk
The food industry has a lot on its plate these days.
TPGTEX Offers Updated Barcode Label-Printing Software
TPGTEX Label Solutions has released version 3.0 of Labels for QuickBooks, software that enables instant, one-step printing of barcode labels.
Ship Owners Get Guide on Heavy-lift, Project Cargo Safety
The UK P&I Club has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty to publish practical guidance for ship owners and operators on how to carry heavy-lift and project cargo safely at sea.
Bankruptcy Looms as Bulk Carriers' Earnings Take Hit
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand - especially from China - battered sentiment.
Airfreight Industry Saw Positive Growth in 2014, Especially in Asia-Pacific, Middle East
The International Air Transport Association released full-year air cargo data for 2014 showing 4.5 percent demand growth compared to 2013 measured by freight tonne kilometers, a significant acceleration from the 1.4 percent recorded in 2013 over 2012.
Trade Regs and Enforcement: What to Expect in 2015
A new year, and with it a new slew of regulations and stepped-up enforcement of international trade law. Brace yourself.
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