Elemica's supply chain operating network drives efficiencies with mergers & acquisitions and divestitures

When new entities emerge, Elemica's expansive footprint across industrial process manufacturers makes it very likely that their trading partners are already a part of the community on the network. This makes it easy for them to quickly acclimate, connect and conduct commerce.

Spotlight

IFB FREIGHTBRIDGE

IFB International Freightbridge Ltd. are a privately owned freight forwarding and logistics company, founded 1980 by Mr. G P H Glaser. IFB are headquartered in Hong Kong. We have a well established network of own offices in Belgium, Cambodia, China, France, Germany, India, Indonesia, Malaysia, Mongolia, Myanmar (end of 2014), Poland, Singapore, Spain, Taiwan, Thailand, Vietnam.

OTHER ARTICLES
Supply Chain

What’s the Latest on EV Charging Infrastructure in Rural Areas?

Article | August 17, 2023

Contents 1. Accessing The State and Federal Benefits 2. A Learning Portal to Educate Rural Communities On EV Charging 3. The Significance of an Equitably Relevant EV Charging Network Electric Vehicles (EVs) are making waves in cities and are more than just the latest trend in transportation. With the advancement of the EV charging network and its deployment across urban areas, experts are asking what’s next and how this growth can be replicated in rural areas. 1. Accessing State and Federal Benefits Based in Oregon, Forth is an EV research and advocacy group that recently announced a partnership with General Motors to build grant templates that can help rural communities win and access state and federal grant money to build EV charging networks. The templates will be provided free of charge and cover 80% of a complete grant. Geoff Gibson, the senior program manager for Forth, believes this will give rural communities the impetus to seek out the grant money and get over the initial hurdle of framing a grant proposal. 2. A Learning Portal to Educate Rural Communities on EV Charging Forth also announced the slated launch of a learning portal that will address the lack of know-how on deploying a charging program for EVs. The portal will empower communities with not just the knowledge of implementing charging programs but also their significance and long-term impact on the community. The learning portal will tentatively go live in 2023 and will be free for local communities, counties, cities, and states, as well as community organizations. The program will be accessible for a year and could be further extended. According to Steve Lommele from the Joint Office of Energy and Transportation, he reiterated the importance of building a national EV charging network. He states that this is the first time a major program has been put in place that covers all 50 states in the U.S., including Puerto Rico and Washington D.C. 3. The Significance of an Equitably Relevant EV Charging Network Deploying EV charging stations in rural areas has to be meaningful for the communities that will be using them. Forth’s Geoff Gibson emphasizes that the needs of the communities need to be given priority when designing the charging network. For instance, DC charging or charging that is publicly accessible should be preferred at trailheads. EVs as part of our transport in the future is inevitable and charging networks and program need to be prioritized to ensure all communities are able to access its benefits equally.

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Warehousing and Distribution

Reducing Risk in Your Global Supply Chain

Article | June 16, 2023

The complex, hyper-connected nature of global supply chains makes them extremely vulnerable to a range of risk factors. In 2019, corporations experienced new levels of volatility in commodity and energy pricing, interest and exchange rates, and general international trading conditions. In 2020, things are likely to remain rocky. Research shows that many businesses, despite being forewarned about these risks, are still tending to be reactive rather than proactive in their approach.

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Warehousing and Distribution

Put Strategy First When Pondering Automation for Your DC

Article | June 27, 2023

The unsurprising investment eagerness of venture capital funds is manifesting in an automation tech glut in the distribution center space. Motivated by enabling trends like labor and land shortages, DCs are amid an automation transformation. Never has defining an automation strategy been more important. There’s no shortage of VC cash available to logistics tech startups With a brightly shining spotlight centered on supply chains for the past two years, it’s no surprise that total funding in logistics startups has seen a dramatic increase – growing at over 70% CAGR (Compound Annual Growth Rate). Logistics technology startups raked in over $25 billion in the first three quarters of 2021. That’s more than half of the total amount raised in the whole of 2020, and the incentives for continuing investment persist. The rise of the of the “micro” DC “Micro” is a relative term. The size of a micro fulfillment center (MFC) can range from 5,000 to 50,000 square feet. Those reduced square footages allow location in dense urban areas, typically within 40 miles of most of their intended customers. In addition, smaller footprints lead to reduced rents compared to a standard customer fulfillment center (CFC), and the proximity to consumers makes for lower final mile delivery costs. It’s no wonder that MFCs accounted for more than half of the logistics real estate leasing activity in the third quarter of 2021. The “urban logistics” trend is fueling demand for these highly automated, smaller locations. Vertical logistics integration grows ever more fashionable among retailers It’s a very “in” thing right now, these acquisitions and partnerships, and they won’t be going out of fashion soon. For example, American Eagle took in Airterra and its parcel optimization tech and third-party logistics (3PL) provider Quiet Logistics. Target started early. They bought Grand Junction, a software platform that helps retailers determine the best delivery method and track carrier performance, in 2017. Their 2020 acquisition of Deliv brought with it same-day delivery routing technology that they’re now applying to their 2021 purchase, on-demand delivery service Shipt. Target uses Delivs’ tech to generate more efficient routes for Shipt. Kroger has partnered with UK’s e-grocery specialist Ocado to build automated CFCs across the US and expand their retail footprint. The first CFC opened last spring in Ohio and their second in Florida later that year. They plan to open 20 CFCs over the next three years. “The proliferation of DC automation solutions and modalities, the rise of MFCs in high-density urban areas, the increasingly automated vertical integration of logistics, and the need to rapidly expand order fulfillment capacity have all, in combination, advanced the need for and application of clearly defined strategies concerning the implementation of automation technology. Do not operate without one.” Vikas Argod, Principal, Supply Chains Operations practice at Chainalytics Coping with shortages in warehouse space and labor availability Third quarter, 2021 US demand for industrial real estate exceeded supply by 41 million square feet. This pushed the national vacancy rate in the fourth quarter down to a record 3.7% in the Cushman & Wakefield US National Industrial MarketBeat report for Q4 2021. Who knows what the record might be when the Q1 2022 report breaks in a few weeks? On the labor side, the December 2021 US unemployment rate was 3.9%, lower than in December 2019 (3.6%) yet reflecting a tighter labor market. Labor force participation rates are at 61.9%, nearly 2% below February 2020 levels, because of lingering effects of the COVID-19 pandemic. The rising wages and signing bonuses of the past year offer silent testimony to the ongoing constraints in today’s labor market. Both trends will remain with us for the near- and mid-term, making an automation strategy a necessary part of your DC operations as you attempt to mitigate the effects of both. In addition, warehouse labor shortages are most pronounced in markets with high distribution center densities – Greater Memphis, In-land Empire, Allentown, PA, et al.) Building the capability to rapidly open DCs at scale No other factor drives home the need for a coherent DC automation strategy like this one. Let’s explore it with an example. We’ll call this “A Tale of Two Companies.” One jumped on the automation bandwagon without hesitation – not a bad thing – but applied no strategic groundwork. The other is, well, Amazon. Company one responded to increasing demand by creating DCs in their usual, strategically located fashion. However, with automation, the lack of a logical strategy led to adopting “the best that money could buy.” So, while these DCs work fine on their own (most of the time), each employs unique implementations from a variety of vendors, with little to no overlap of methods, capabilities, and management procedures between DCs. It’s functional, but a needlessly complicated hodgepodge. On the other hand, it definitely looks like Amazon has a standardized automation strategy. One that can easily adapt to exploit the individual physical specifications of any space. This makes it simple to arrive and equip it with a standard package of automation solutions. That’s probably how Amazon blanketed the US with over 400 new DCs in just the last two years. They waste no time or money on repeating unnecessary decisions along the way. Now, we all can’t have the resources of an Amazon. However, the rise of on-demand warehousing companies like Stord and Flexe allow organizations to dramatically decrease the cycle time of standing up additional fulfillment capability. Developing an automation strategy will feel familiar. It begins with benchmarking, order profiling, current performance drivers, EBIT targets, and theoretical evaluations of newer technology options. All this leads to the creation of a decision framework for DC automation. The goal here is achieving alignment among the leadership on critical capabilities to focus on. These include rapid fulfillment, labor shortage, capacity constraints, safety challenges, or sustainability. Those that commit to this process will start slowly but finish with a strategy that will underpin thousands of decisions and enable sustained rapid growth. If, in the end, you decide that automation is not right for your operation, that’s a perfectly valid strategy as well. So long as you have a method to evaluate all of your options, and you base your decision on cost-service-sustainability trade-offs, the right strategy for your organization may be no automation at all. There’s no point in chasing shiny robotic objects if automation makes little sense‌. The rise of automation and the multitude of technologies to choose from require the development of a strategic decision framework. Contact us and see how Chainalytics – an NTT DATA company – can be your guide in developing this critical part of your foundation for growth. Our top supply chain talent, enabled by proven, leading-edge digital assets – tools, methods, and content – deliver actionable insights and measurable outcomes to some of today’s largest and most complex supply chains.

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Warehousing and Distribution

Top Certifications for Distribution & Warehousing Logistics Professionals

Article | July 11, 2023

Maintain a competitive advantage by effectively managing supply chain. Discover the potential opportunities and enhance the career in logistics with warehousing and distribution certificates. The rapidly changing and fiercely competitive business landscape necessitates that professionals must go an extra mile to maintain a leading edge and propel their careers forward. Taking the initiative to pursue warehousing and logistics certifications can significantly boost your career. By obtaining a recognized designation, you demonstrate a steadfast dedication to your profession, enhancing your appeal to potential employers. Furthermore, earning a respected certification can open doors to advancement opportunities and increase making potential within your current organization. Moreover, pursuing ongoing education offers rewards, keeping you engaged and ensuring you remain at the forefront of industry developments. 1. Supply Chain Warehousing Certificate Supply Chain Warehousing Certificate is a comprehensive program for individuals seeking expertise in warehousing and logistics. Developed by ASCM and Prologis, it covers essential topics such as inventory management, packaging, shipping, and sustainability in logistics. This self-paced course offers flexibility and can be accessed on mobile devices. Earning one of the exclusive warehousing and distribution certifications demonstrates your knowledge and expertise in managing inventory and helps you stand out in the competitive job market. Employers will recognize your ability to handle shipping processes, improve order fulfilment, and make informed transportation decisions. 2. SAP Extended Warehouse Management Training Enhance your expertise in warehousing management with this top-tier online certification course. Gain in-depth knowledge of extended warehouse management, including warehousing structures, expert data, and warehouse organization. This warehousing and distribution course includes techniques for processing received and shipping goods, slotting, replenishment methods, and physical inventory. Delivered through video and text-based modules, it provides comprehensive warehousing and distribution center operations training. In addition, this course will expand your career opportunities and help you excel in the dynamic field of warehousing management. 3. Storage and Distribution Certification Storage and Distribution Certification is a complete course that addresses the critical need for supply chain safety and integrity in today's complex logistics landscape. This supply chain warehousing certificate is focused on distribution and is designed for warehousing, logistics, and supply chain management professionals. The program covers supply chain visibility, risk management, and optimizing physical-flow networks. There are no specific eligibility criteria for this course, making it accessible to a wide range of individuals seeking to enhance their skills and knowledge. By obtaining this one amongst many warehousing certifications in this course , you'll be equipped with the expertise to mitigate supply chain vulnerabilities, improve operational resilience, and meet the evolving demands of the modern marketplace. 4. Certified International Warehouse and Inventory Manager The Certified International Warehouse & Inventory Manager certification offered by Blue Ocean Academy in Dubai and Abu Dhabi provides professionals with comprehensive training in warehouse management. Blue Ocean Academy, recognized as an industry leader in this field, offers the best warehouse and inventory management training courses. The Warehouse Management Certification Program focuses on the strategic role of warehousing within the broader context of supply chain management and logistics. Participants will gain knowledge and skills in the latest methods for storing and safeguarding high-value inventories and best practices for modern warehousing. The program also covers techniques to achieve accurate record-keeping and successful cycle counting, methods for conducting warehouse audits, and the operational and financial performance aspects of warehousing. 5. Warehouse Excellence Certification (WAREX) Developed by the Institute of Supply Chain Management (IoSCM), Warehouse Excellence Certification (WAREX) helps to elevate your warehousing career. This logistics warehousing and distribution program offers a range of qualifications catering to professionals at various stages of their logistics, warehousing, and distribution journeys. WAREX covers a broad spectrum of skills and knowledge, from entry-level to strategic management positions. Whether you're new to the industry or a seasoned professional, this certification equips you with the expertise to optimize warehouse operations, enhance inventory management, and drive overall supply chain efficiency. 6. Six Sigma Certification in Warehousing: Overview & Career Options Six Sigma Certification in warehousing is a specialized program that equips professionals with the tools and methodologies to optimize warehouse operations, eliminate defects, and achieve near-perfect efficiency levels of 99.997%. By applying Six Sigma processes, businesses can identify and solve warehouse problems, resulting in improved customer satisfaction, increased revenue, reduced errors, efficient inventory management, and enhanced overall profitability. With this warehouse certification program, you'll stand out in the job market with higher employability, salary potential, and opportunities with renowned companies like Amazon, Samsung, Boeing, FedEx, DHL, and UPS. 7. Certified International Warehouse & Inventory Manager This certificate in warehousing management is specifically designed to equip professionals with the necessary skills and knowledge to excel in the dynamic world of warehouse operations. This program covers a wide range of essential topics, from strategic warehouse management to inventory optimization and sustainable practices. Participants will learn about warehouse design, storage techniques, materials handling, inventory control, performance measurement, warehouse management systems, risk management, and sustainability. This warehousing and logistics certification is ideal for warehouse managers, logistics professionals, supply chain executives, and individuals seeking to enhance their expertise in warehouse operations. 8. WHSEOPSCERT - Warehouse Operations Certificate The Warehouse Operations Certificate program offers essential training to develop fundamental warehousing skills and gain certifications in material handling equipment. This program is crafted to enhance participants' employability within the warehousing and distribution industries. It covers various topics, including warehouse operations, supply chain fundamentals, order fulfillment, shipping concepts, and lift truck certification training. The courses provide a comprehensive understanding of warehouse functions, inventory management, storage procedures, supply chain principles, and problem-solving strategies. Upon completion, graduates will be equipped for entry-level positions such as Order Puller, Warehouse Technician, Logistics Analyst, and more. 9. JHSC Certification Part Two - Warehousing & Distribution The JHSC Certification Part Two - Warehousing & Distribution is an essential training program designed to equip participants with the knowledge and skills to recognize and control hazards within their warehousing and distribution workplaces. After completing both Part One and Part Two training, this certification is the final step in becoming a certified member of a Joint Health and Safety Committee (JHSC). Aligned with the Ministry of Labour's JHSC Certification Training Program Standard, this interactive 2-day course strengthens participants' understanding of the RACE process (Recognition, Assessment, Control, and Evaluation) for all workplace hazards. Delivered by experienced health and safety experts familiar with the industry, this training covers sector-specific risks such as MSDs, slips and falls, motor vehicle incidents, unguarded machinery, unsafe material handling, and hazardous chemicals. Completing this certification ensures compliance with legal requirements, empowers individuals to make informed decisions regarding workplace safety, and enhances overall hazard management in the warehousing and distribution sector. 10. Warehouse Distribution, Continuing Education Workforce Certificate Warehouse Distribution Continuing Education Workforce Certificate is a comprehensive training program to equip individuals with the necessary skills for higher-skilled, frontline material handling roles within the supply chain industry. Ideal for individuals seeking employment in various supply chain facilities, such as warehouses, distribution centers, and transporters, this program prepares students for different job positions, including forklift operators, logistics specialists, freight handlers, and customer support representatives. By completing this certificate, learners will not only gain essential knowledge in waste reduction, logistics security, and forklift safety, but they will also have the opportunity to obtain the Certified Logistics Associate (CLA) credential from the Manufacturing Skill Standards Council (MSSC) and other relevant certificates. This certification provides a concrete foundation for entry-level careers in the logistics field and offers individuals a competitive edge in the job market. Conclusion Logistics and supply chain management professionals thrive on the exhilarating pace of constant change. Each day brings fresh challenges, opportunities, and innovative tools that enhance tracking, analysis, forecasting, and more. By actively pursuing a logistics or supply chain certification and diligently fulfilling the required continuing education hours, ensure that you remain at the forefront of these exciting industry advancements. This commitment positions you to leverage the latest insights and technologies, allowing you to optimize and streamline your supply chains for maximum efficiency. As a result, you stay ahead of the curve and empower your organization to achieve peak performance and drive continued success. Embrace the transformative power of certifications and embark on a journey of growth and excellence in logistics and supply chain management.

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Spotlight

IFB FREIGHTBRIDGE

IFB International Freightbridge Ltd. are a privately owned freight forwarding and logistics company, founded 1980 by Mr. G P H Glaser. IFB are headquartered in Hong Kong. We have a well established network of own offices in Belgium, Cambodia, China, France, Germany, India, Indonesia, Malaysia, Mongolia, Myanmar (end of 2014), Poland, Singapore, Spain, Taiwan, Thailand, Vietnam.

Related News

Supply Chain

The Open Visibility Network Welcomes Everstream Analytics

Tive, Everstream Analytics | May 12, 2021

Tive®, a leading in-transit visibility service, and Everstream Analytics®, a major supply chain risk analytics firm, announced a collaboration today to bring predictive analytics to the Open Visibility Network (OVN). The new alliance will provide shared customers with insights to improve resiliency and mobility for a stronger end-customer experience by combining data and insights beyond shipment location and condition. Demand for multimodal shipping continues to rise, and logistics professionals are looking for more actionable insights to help them actively handle their customers' rising demands. The OVN now has access to comprehensive and extensive data and insights on factors such as weather, sub-tier supplier risks, port strikes, political instability, the global pandemic, and more, thanks to Everstream Analytics. Customers will use Everstream's risk management and predictive modeling to transform risk into a strategic advantage. Everstream Analytics provides insight to new levels of in-transit visibility, ensuring that shipments arrive on schedule and in full (OTIF). This latest contribution to the OVN integrates Everstream's insights with data from other market leaders, such as Tive, project44, FourKites, and TransVoyant, to provide instant benefit to the global supply chain. Everstream's predictive models analyze over 20 billion data points every day to forecast the probability of on-time and in-full delivery. Mutual users would benefit from more visibility into both loads and a better end-user experience. About Tive Tive is a leading provider of real-time supply chain visibility insights that assist logistics companies in actively managing the location and status of their in-transit shipments. Shippers and logistics service providers (LSP) use Tive to avoid unnecessary delays, damage, and shipment failures. Tive's solution delivers data provided by its industry-leading trackers, enabling clients to effectively refine their shipments, maximize their customers' experience, and unlock supply chain insights in real-time. About Everstream Analytics Everstream Analytics is a supply chain risk analytics firm that provides actionable data to clients to improve the resilience and agility of their supply chains while securing revenue and reputation. Their solution integrates with our clients' Procurement, Logistics, and Business Continuity platforms to provide global, end-to-end insight into supply chain risk, allowing them to Think Bigger. To enable their clients to See, Even more, they use a special combination of human expertise, artificial intelligence, and proprietary data. They use data analytics, proprietary intelligence, and multilingual experts to monitor global risk and incidents in real-time.

Read More

Supply Chain

TransVoyant Enhances Tive and the Open Visibility Network with Continuous Analysis of Real-Time and Predicted Supply Chain Behavior

TransVoyant , Tive | May 04, 2021

Tive, a leading provider of in-transit visibility, and TransVoyant, a pioneer in global supply chain data fusion, business analytics, and actionable intelligence, announced a collaboration today to bring live supply chain situational awareness to the Open Visibility Network (OVN) to enhance actionable, complete, and intelligent visibility and business insights. Most visibility journeys begin by concentrating on a single section of the supply chain, leaving out visibility into incidents that occur upstream and downstream. This poses a problem for shippers who rely on inbound materials. It is easier to see the impact of events on the overall supply chain as conventional exposure is linked with expected supply chain behavior. Visibility must include data from both within the organization (ERP, TMS, OMS, WMS) and the outside world that surrounds the supply chains (social unrest, border crossings, port congestion, etc.). Without this level of connectivity, you will have supply chain gaps that will inevitably cost you time, service, and money. TransVoyant's capabilities will be combined with Tive's real-time in-transit load sensing data as part of the Open Visibility Network collaboration and integration to provide instant benefit to global supply chains. Tive's Solo 5G trackers send real-time location, temperature, light, shock, and other load sensing data to the Tive Data Cloud.TransVoyant applies advanced machine learning and artificial intelligence to real-time event data streams to generate a live global picture of customers' static and moving assets, as well as predictive insights that enable them to anticipate and avoid threats and disruptions caused by weather, port congestion, natural disasters, supplier failure, road construction, competitor behavior, labor strikes, and other factors. About Tive Tive is a leading provider of real-time supply chain visibility insights that assist logistics professionals in actively managing the location and condition of their in-transit shipments. Shippers and logistics service providers (LSP) use Tive to eliminate preventable delays, disruption, and shipment failures. Tive's solution delivers data provided by its industry-leading trackers, enabling clients to effectively optimize their shipments, maximize their customers' experiences, and unlock supply chain insights in real-time. About TransVoyant TransVoyant is the global supply chain data fusion, business analytics, and actionable intelligence pioneer. It collects, clean, and fuse over one trillion global activity events every day from terrestrial, near-space, and space-based sensors, making it the world's largest repository of real-time big data. They have been analyzing these big data streams using their proprietary algorithms and implementing the unique learned behavior models since 2012 to continuously understand the end-to-end global flow of trade. These behavior models, along with their continuous analysis of real-time and predicted global events and risks, enable them to predict lead times, variability, delays, and opportunities and initiate prescriptive steps that increase revenues, minimize costs, and enhance customer experience.

Read More

Freight

LaneAxis to Fast Start with Industry-First Broker-Free Direct Freight Network

LaneAxis | December 02, 2020

Riding a strong tailwind of demand and discontent, LaneAxis, Inc., a supply chain-centered SaaS organization, is seeing fast and eager extension of the LaneAxis Direct Network following its ongoing launch. This eagerly awaited broker-free network isn't simply disturbing, however reinventing the manner in which goods are moved from A to B. The Network's essential mission: interfacing shippers directly to carriers, and in the process disposing of the freight industry’s most problematic player: freight brokers. This immediate model will reduce enormous expenses while adding huge efficiencies to an industry needing a significant redesign. “We understand cutting brokers out of the transportation equation will make us very unpopular in some corners,” says LaneAxis CEO & Founder Rick Burnett. “3PLs, brokers and purchased transportation have long filled in gaps in the supply chain. But LaneAxis’ patented technology and direct network solution is now available to fill that void, particularly for the 97% of trucking companies that are small and independent, owning just a handful of trucks. These are the very truckers who already hauling the freight today - but are simply unable to contractually go direct.” Burnett says brokers have held a near stranglehold on the freight industry for decades, particularly on the omnipresent “load boards” that are often labeled “shipper-carrier direct” – but in reality are broker posted loads. LaneAxis has revealed broadly on the reaction of outrage imposed by U.S. truckers against the freight brokerage industry in 2020. An absence of pricing transparency, low rates, and bad-faith strategies lead the list of complaints.

Read More

Supply Chain

The Open Visibility Network Welcomes Everstream Analytics

Tive, Everstream Analytics | May 12, 2021

Tive®, a leading in-transit visibility service, and Everstream Analytics®, a major supply chain risk analytics firm, announced a collaboration today to bring predictive analytics to the Open Visibility Network (OVN). The new alliance will provide shared customers with insights to improve resiliency and mobility for a stronger end-customer experience by combining data and insights beyond shipment location and condition. Demand for multimodal shipping continues to rise, and logistics professionals are looking for more actionable insights to help them actively handle their customers' rising demands. The OVN now has access to comprehensive and extensive data and insights on factors such as weather, sub-tier supplier risks, port strikes, political instability, the global pandemic, and more, thanks to Everstream Analytics. Customers will use Everstream's risk management and predictive modeling to transform risk into a strategic advantage. Everstream Analytics provides insight to new levels of in-transit visibility, ensuring that shipments arrive on schedule and in full (OTIF). This latest contribution to the OVN integrates Everstream's insights with data from other market leaders, such as Tive, project44, FourKites, and TransVoyant, to provide instant benefit to the global supply chain. Everstream's predictive models analyze over 20 billion data points every day to forecast the probability of on-time and in-full delivery. Mutual users would benefit from more visibility into both loads and a better end-user experience. About Tive Tive is a leading provider of real-time supply chain visibility insights that assist logistics companies in actively managing the location and status of their in-transit shipments. Shippers and logistics service providers (LSP) use Tive to avoid unnecessary delays, damage, and shipment failures. Tive's solution delivers data provided by its industry-leading trackers, enabling clients to effectively refine their shipments, maximize their customers' experience, and unlock supply chain insights in real-time. About Everstream Analytics Everstream Analytics is a supply chain risk analytics firm that provides actionable data to clients to improve the resilience and agility of their supply chains while securing revenue and reputation. Their solution integrates with our clients' Procurement, Logistics, and Business Continuity platforms to provide global, end-to-end insight into supply chain risk, allowing them to Think Bigger. To enable their clients to See, Even more, they use a special combination of human expertise, artificial intelligence, and proprietary data. They use data analytics, proprietary intelligence, and multilingual experts to monitor global risk and incidents in real-time.

Read More

Supply Chain

TransVoyant Enhances Tive and the Open Visibility Network with Continuous Analysis of Real-Time and Predicted Supply Chain Behavior

TransVoyant , Tive | May 04, 2021

Tive, a leading provider of in-transit visibility, and TransVoyant, a pioneer in global supply chain data fusion, business analytics, and actionable intelligence, announced a collaboration today to bring live supply chain situational awareness to the Open Visibility Network (OVN) to enhance actionable, complete, and intelligent visibility and business insights. Most visibility journeys begin by concentrating on a single section of the supply chain, leaving out visibility into incidents that occur upstream and downstream. This poses a problem for shippers who rely on inbound materials. It is easier to see the impact of events on the overall supply chain as conventional exposure is linked with expected supply chain behavior. Visibility must include data from both within the organization (ERP, TMS, OMS, WMS) and the outside world that surrounds the supply chains (social unrest, border crossings, port congestion, etc.). Without this level of connectivity, you will have supply chain gaps that will inevitably cost you time, service, and money. TransVoyant's capabilities will be combined with Tive's real-time in-transit load sensing data as part of the Open Visibility Network collaboration and integration to provide instant benefit to global supply chains. Tive's Solo 5G trackers send real-time location, temperature, light, shock, and other load sensing data to the Tive Data Cloud.TransVoyant applies advanced machine learning and artificial intelligence to real-time event data streams to generate a live global picture of customers' static and moving assets, as well as predictive insights that enable them to anticipate and avoid threats and disruptions caused by weather, port congestion, natural disasters, supplier failure, road construction, competitor behavior, labor strikes, and other factors. About Tive Tive is a leading provider of real-time supply chain visibility insights that assist logistics professionals in actively managing the location and condition of their in-transit shipments. Shippers and logistics service providers (LSP) use Tive to eliminate preventable delays, disruption, and shipment failures. Tive's solution delivers data provided by its industry-leading trackers, enabling clients to effectively optimize their shipments, maximize their customers' experiences, and unlock supply chain insights in real-time. About TransVoyant TransVoyant is the global supply chain data fusion, business analytics, and actionable intelligence pioneer. It collects, clean, and fuse over one trillion global activity events every day from terrestrial, near-space, and space-based sensors, making it the world's largest repository of real-time big data. They have been analyzing these big data streams using their proprietary algorithms and implementing the unique learned behavior models since 2012 to continuously understand the end-to-end global flow of trade. These behavior models, along with their continuous analysis of real-time and predicted global events and risks, enable them to predict lead times, variability, delays, and opportunities and initiate prescriptive steps that increase revenues, minimize costs, and enhance customer experience.

Read More

Freight

LaneAxis to Fast Start with Industry-First Broker-Free Direct Freight Network

LaneAxis | December 02, 2020

Riding a strong tailwind of demand and discontent, LaneAxis, Inc., a supply chain-centered SaaS organization, is seeing fast and eager extension of the LaneAxis Direct Network following its ongoing launch. This eagerly awaited broker-free network isn't simply disturbing, however reinventing the manner in which goods are moved from A to B. The Network's essential mission: interfacing shippers directly to carriers, and in the process disposing of the freight industry’s most problematic player: freight brokers. This immediate model will reduce enormous expenses while adding huge efficiencies to an industry needing a significant redesign. “We understand cutting brokers out of the transportation equation will make us very unpopular in some corners,” says LaneAxis CEO & Founder Rick Burnett. “3PLs, brokers and purchased transportation have long filled in gaps in the supply chain. But LaneAxis’ patented technology and direct network solution is now available to fill that void, particularly for the 97% of trucking companies that are small and independent, owning just a handful of trucks. These are the very truckers who already hauling the freight today - but are simply unable to contractually go direct.” Burnett says brokers have held a near stranglehold on the freight industry for decades, particularly on the omnipresent “load boards” that are often labeled “shipper-carrier direct” – but in reality are broker posted loads. LaneAxis has revealed broadly on the reaction of outrage imposed by U.S. truckers against the freight brokerage industry in 2020. An absence of pricing transparency, low rates, and bad-faith strategies lead the list of complaints.

Read More

Events