How to Save Shipments & Money with IoT In-Transit Visibility

March 2, 2020

When expensive goods or materials go missing, it can cost your company a huge amount of money. There’s the cost of the goods themselves plus the cost of replacing them, the cost of delayed delivery, idled labor and more. The knock-on impact can be massive. Knowing where your shipments are and when they are going to reach their destination is critical information for logistics managers. In-transit shipment visibility gives organizations the ability to respond to supply chain disruption and reduce risks.

Spotlight

Verst Group Logistics

Verst Group Logistics is a third-party logistics (3PL) company known for getting products to market faster, more efficiently, and more cost-effectively than most national or regional 3PL providers. Strategically headquartered in Northern Kentucky/Cincinnati, our family-owned supply-chain management firm specializes in fully integrated warehousing, logistics, transportation and packaging services for a wide range of consumer goods and manufacturing companies. We make our customers first with their customers by providing those fully integrated supply chain services that streamline the logistics process, shorten dock-to-stock time, and reduce waste.

OTHER WHITEPAPERS
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Optimizing Supply Chain Cost - Export and Import Logistics

whitePaper | February 6, 2020

India currently has cross border trade of US$ 844 billion comprising of exports of US$ 330 billion and imports of US$ 514 billion. India has set an ambitious target of 5% share in global exports (US$ 1 Trillion by 2025). Government of India’s policy initiatives such as ‘Make in India’ and the nation-wide implementation of GST system hold promise for improving India’s global competitiveness. Logistics industry would be a crucial enabler for achieving the envisioned growth potential - with better stakeholder coordination, enhanced infrastructure, improved operational efficiency and enhanced investments

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GLOBAL SUPPLY CHAIN RISK MANAGEMENT PART 1: DIFFERENCES IN ATTITUDES

whitePaper | November 1, 2019

In the fall of 2009 MIT CTL conducted a global survey of supply chain risk experiences, attitudes, and risk management practices. Over 1400 supply chain professionals from 70 countries participated. The survey asked business and supply chain managers their opinions about the importance of risk prevention compared to response preparedness. Overall, 54% of respondents considered risk prevention more important, 30% viewed them as equal, and 16% considered response preparedness more important.

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Blockchain based awareness and potential use in the international supply chain for Australia

whitePaper | March 20, 2020

The Customs Brokers and Forwarders Council of Australia Ltd (CBFCA”) is Australia’s leading peak national association that represents members interests in international trade logistics and supply chain management service provision. We are committed to be a leading industry voice for Licenced Customs Brokers (LCB), International Freight Forwarders (IFF) and other associated groups concerned with international trade, representing and supporting our members in a difficult regulatory environment.

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Sustainability and Compliance in Supply Chains: SCRM Best Practices from Clariant

whitePaper | January 28, 2020

Supply chain risk management has never been more important—especially in industries where regulations are everchanging and sustainability is top of mind. The ability to effectively identify, track and mitigate risk is now becoming a huge competitive advantage for the world’s leading brands. A sufficient level of insight was once nearly impossible for companies to achieve using traditional methods of managing supply chain risk, but as you’ll learn from the example of Clariant, organizations can now successfully integrate technology into the process to better map, assess and mitigate global threats.

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TELEMATICS IN THE CANADIAN TRUCKING INDUSTRY

whitePaper | December 31, 2019

This study builds on a previous project in which we examined the potential for telematics systems to streamline the data collection and reporting methods used in the SmartWay program. Here, we delve deeper into various aspects of the telematics industry in the heavy-duty trucking sector in Canada. This study catalogs the products and services available from leading telematics providers for trucking companies and discusses the ways fleets leverage the systems to improve their overall efficiency and safety

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Technology, Data and New Models for Sustainably Managing Ocean Resources

whitePaper | January 31, 2020

We are in the middle of an explosion in new data on the ocean, creating enormous potential for advances in our understanding and stewardship of ocean resources. An exponential increase in the number and variety of ocean observing systems and other new data sources has created the prospect of a digital ocean ecosystem. Advances in processing techniques and visualisation are rapidly expanding our ability to extract information from those data, and are enabling a wide array of tools to provide real-time information in actionable form to decision-makers, such as policymakers, resource managers, resource users, consumers and citizens.

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Spotlight

Verst Group Logistics

Verst Group Logistics is a third-party logistics (3PL) company known for getting products to market faster, more efficiently, and more cost-effectively than most national or regional 3PL providers. Strategically headquartered in Northern Kentucky/Cincinnati, our family-owned supply-chain management firm specializes in fully integrated warehousing, logistics, transportation and packaging services for a wide range of consumer goods and manufacturing companies. We make our customers first with their customers by providing those fully integrated supply chain services that streamline the logistics process, shorten dock-to-stock time, and reduce waste.

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