Top 3 Reasons Shipper’s Visibility Isn’t Good Enough
Despite a variety of visibility options available to shippers, many claim the visibility they have is not good enough to meet their needs. When you unpack the reasons why, a clear pattern in their responses emerges. These are the top 3 reasons they cite: It’s not actionable Many early adopters of DIY visibility solutions have […]
Live Supply Chain Situational Awareness: Hurricane Larry Use Case
Hurricane Larry became the third major hurricane of this year’s Atlantic season According to the Freight Waves article, over the last week (week of 09/05/21), Larry became the third major hurricane of this year’s Atlantic season. It forced container ship captains to steer clear as the storm passed the island of Bermuda this week, headed […]
Live Supply Chain Situational Awareness: Temperature Controlled Logistics
The environment in which life sciences companies operate is increasingly complex, being driven by a more and more demanding healthcare agenda. The global need for innovative, cost-effective medicines continues to rise. At the same time, patients are demanding greater value for money, proven effectiveness of products, and access to information. To meet these demands, companies […]
The Importance of Inventory Management in Supply Chains
The management of inventory is necessary for any company in order to avoid excess stock storage while at the same time ensuring customer demand is met. However, customers’ demand can be difficult to forecast due to; continuously evolving trends variability in customer preferences the need to maintain a sufficient supply of materials and goods to […]
The Value of a Good End-to-End Lead Time
About a month ago I ordered a bridesmaid dress online. Unfortunately, when I received the estimated arrival date it was 5 weeks from my purchase date! I understand that things take time to ship, but in the day in age of same day delivery 5 weeks just seemed way too long. Working in the supply […]
TransVoyant adds continuous analysis of real-time and predicted supply chain behavior to Tive and the Open Visibility Network
Leading in-transit visibility provider Tive and TransVoyant, the leader in global supply chain data fusion, business analytics and actionable intelligence, announced a partnership to deliver live supply chain situational awareness to the Open Visibility Network (OVN) to improve actionable, complete, and intelligent visibility and business insights. Most visibility journeys start by focusing on a single […]
The Unfortunate, but Avoidable, World of Detention and Demurrage Penalties
Importers and exporters sometimes get an unexpected surprise when they receive their bill for shipping containers. This comes in the form of detention and demurrage fees which can be a substantial financial loss. What are these charges, and why is it that they can sometimes come as a surprise to shippers? Although it is common […]
The Benefits of Digitization in Cold Chain
Cold chain is big business and the stakes are high. The implications of a poorly maintained and monitored cold chain go far beyond monetary losses. Food or drugs that unknowingly fall outside of temperature tolerances can pose a hidden risk. They may become tainted with bacteria even though they may not be visibly spoiled. After […]
What is a Supply Chain Control Tower, Anyway?
If you ask ten different executives to define a supply chain control tower, you will probably get ten different answers. Our CEO, Dennis Groseclose, shares his insight on the hype and common misinterpretations around the term… First, the word “tower” means more than we think. It evokes images of an airport control tower, standing high […]
4 Ways to Improve Your End-to-end Supply Chain’s Sustainability
According to KPMG’s Survey of Sustainability Reporting, “The Time Has Come.”, 80% of the top 5,200 companies now report on sustainability. More and more companies are dedicating themselves to environmental impact, level of carbon emissions, and waste management across their supply chains. Operating a global business involves orchestrating numerous processes that drive up the consumption […]