Optimizing Supply Chain Cost - Export and Import Logistics

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

Spotlight

Institute for Supply Management - Carolinas-Virginia

Founded in 1920 as a professional purchasing association, ISM-Carolinas-Virginia (ISM-CV) is the largest regional supply management and procurement organization in the southeastern United States, and is committed to the ongoing growth and improvement of the profession and our members. Its mission and goals include: Advancement of the profession through education in the fundamentals of production and marketing, effective methods and practices, commodities and their uses, and sources of supply and distribution. Cooperation toward the elimination of trade abuses. Collection and dissemination of beneficial information through trade publications, lectures, conventions and plant visits. Encouragement of amicable and productive relationships among industry professionals resulting in a positive environment for the exchange of ideas. Promotion of supply management and procurement as a profession in such a way as to obtain merited recognition.

OTHER WHITEPAPERS
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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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Four Ways that Technology is Remolding the Digital Supply Chain

whitePaper | December 16, 2019

Supply chains are a prominent cog in delivering what we need in our daily lives. Almost everything around us has passed through various links in the supply chain. Supply chain efficiency is therefore vital to keeping customers happy — and loyal. And the importance of supply chain excellence is hypercritical given the growing demand for more personalized products and services, delivered exactly when and where customers specify, quickly and at exceptionally low cost.

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REVIEW OF MARITIME TRANSPORT 2019

whitePaper | November 11, 2019

Global maritime trade expanded at a slower pace in 2018, while volumes reached 11 billion tons. Reflecting developments in the world economy and trade activity, international maritime trade lost momentum in 2018. Volumes expanded at 2.7 per cent in 2018, down from 4.1 per cent in 2017. The slowdown was broadbased and affected nearly all maritime cargo segments. It undermined global port cargo-handling activities, and growth in containerized global port throughput decelerated to 4.7 per cent, down from 6.7 per cent in 2017.

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White Paper on Transport Safety in the Era of Digital Mobility

whitePaper | February 9, 2020

While remarkable progress has been made with technological, operational and behavioral improvements in the century-old, automotive-based transport systems used around the world, rapid technological changes are occurring that could amount to a reset in outcomes for transport users. The convergence of connectivity, automation, electrification and on-demand services suggests a transformation in transport safety, community access, traffic efficiency, emissions and energy use.

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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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The Future of RFPs: The Key to Unlocking Greater Efficiency and Profitability

whitePaper | April 19, 2021

For decades, request for proposal (RFP) processes have served as the cornerstone for freight procurement. Shippers have historically gravitated toward contract freight for its reliability and pricing consistency, but due to the recent onslaught of digital freight partners that promise shorter-term contracts and real-time pricing, many industry constituents wonder whether or when RFPs will evolve. In an effort to dig beneath the surface of RFPs’ stronghold on the industry, Trimble and FreightWaves partnered to survey shippers, carriers and brokerages and identify the relational friction points that often hinge around the challenges presented by the RFP process.

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Spotlight

Institute for Supply Management - Carolinas-Virginia

Founded in 1920 as a professional purchasing association, ISM-Carolinas-Virginia (ISM-CV) is the largest regional supply management and procurement organization in the southeastern United States, and is committed to the ongoing growth and improvement of the profession and our members. Its mission and goals include: Advancement of the profession through education in the fundamentals of production and marketing, effective methods and practices, commodities and their uses, and sources of supply and distribution. Cooperation toward the elimination of trade abuses. Collection and dissemination of beneficial information through trade publications, lectures, conventions and plant visits. Encouragement of amicable and productive relationships among industry professionals resulting in a positive environment for the exchange of ideas. Promotion of supply management and procurement as a profession in such a way as to obtain merited recognition.

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