Next week, Amber Road will be exhibiting at the Gartner Supply Chain Executive Conference in Palm Desert, CA. If you are planning to attend, we’d love for you to stop by our booth and say hello! (We’ll be in booth space “S”.)
The Gartner Supply Chain Executive Conference provides a unique opportunity to collaborate and connect with the world’s leading supply chain executives, all in one place at one time. Attendees will get actionable advice for every executive on the supply chain leadership team.
Be sure to speak with our executives to learn how Amber Road solutions can provide you with the tools and expertise to consistently track and manage orders, shipments, and inventory across all your extended global trading partners and locations.
The AberdeenGroup has released a brand new report, Supply Chain Visibility Excellence: Mastering Complexity and Landed Costs, which uncovers how best-in-class companies: gain insights on Customs events; manage supply chain risk; and attain international shipment insights.
The increased complexity of global supply chains has led to longer lead times, more pipeline inventory, and the need to control downstream and upstream logistics. Recent supply chain visibility research indicates that the top business pressure among supply chain managers is increased supply chain complexity (44%), which contributes to increased supply chain management costs. However, before a company can reduce inventory or landed cost, it needs visibility into international in and outbound shipment status, as well as visibility into Customs event status.
Best-in-Class companies are 61% more likely than all others (the Industry Average and Laggard companies combined) to gain visibility into international outbound shipment status within hours
Best-in-Class companies are 52% more likely than all other companies to gain visibility into international inbound shipment status within hours
Best-in-Class companies are 2.44 times as likely to have Online visibility into the customs events status
Today, the benefits of sourcing from low-cost countries and selling into new foreign markets are driving the vast majority of enterprise-class companies to go global. However, this globalization has led to increasingly complex supply chains with longer lead times, more pipeline inventory, and the need to control downstream and upstream logistics.
Receive this latest eBook from Amber Road, Three Ways You’re Throwing Away Money in Your Global Supply Chain. This expert eBook discusses areas in the supply chain that companies may be losing money, and uncovers strategies to prevent this loss.
Key takeaways include:
How to reduce expedited shipments with better planning and supply chain visibility
How to avoid detention and demurrage fines
How to communicate efficiently with trading partners
Learn how companies such as Abercrombie & Fitch, Glazer’s Family of Companies, and Bunzl Distribution USA have implemented strategies to improve their supply chain operations – download Amber Road’s eBook today!
Amber Road CEO Jim Preuninger is highlighted as a new expert contributor in Supply Chain Digest magazine with a bylined article on Supporting the Segmented Supply Chain with GTM Solutions.
Those organizations that are proving to be successful at supply chain segmentation are able to meet the demands of their different customer segments without excessively increasing costs. One method to achieve this is to use a common platform, such as a portal, to ensure that parties along the entire supply chain can share information and eliminate errors that could slow shipments. – Jim Preuninger, CEO, Amber Road
At last year’s CSCMP conference, Scott Byrnes, VP Marketing at Amber Road, was interviewed by SupplyChainBrain on The Pain and Gain of Global Supply Chains. The video is now live on SupplyChainBrain’s website. Please check it out.
There’s plenty of opportunity for companies looking to globalize their supply chains, but they also must understand the challenges involved. – Scott Byrnes, VP Marketing at Amber Road
Why: To learn what best-in-class companies are doing to deliver continuous improvement and address the top problems of globalization and complexity. This will be a follow-on webinar to the AberdeenGroup’s September 2011 study. Join the AberdeenGroup, Levi Strauss & Co., and Amber Road as we highlight findings from the research and make tighter connections between capability and financial /service results across supply chain visibility, integrated transportation and global trade.
You’ll also hear from Levi Strauss & Co. on the solutions and best practices they are rolling out in support of the growing global reach of their supply chain.
Join us to learn what best-in-class companies are doing to deliver continuous improvement and address the top problems of globalization and complexity. Reserve your spot today!
American Shipper will be hosting a webinar that will address the findings from the recent Import Operations & Compliance Benchmark Study: Risky Business, published by American Shipper and BPE.
According to a recent supply chain survey conducted by Capgemini Consulting, demand volatility was the top business driver for supply chain managers (40% of survey respondents ranked it as number one). This is because although the economy seems to be improving, market demand is still uncertain, making it more difficult to operate a reliable supply chain. In order to counter this challenge, survey respondents are determined to improve the visibility of their supply chains (this ranked as top initiative for 45%).
Supply chain visibility is something that can be easily achieved by implementing an enterprise-wide automated technology solution. A software solution such as Management Dynamics’ allows users precisely monitor the inbound and outbound movement of goods at the shipment, order and SKU level, using over 350 reference points. This level of visibility enables suppliers, manufacturers, retailers and transportation companies to improve customer service and minimize expediting costs by managing inventory in-transit. So no matter how volatile the market is, companies can have complete visibility and control of their inventory levels.
To learn more about how a software solution can improve supply chain visibility, please check out Supply Chain Visibility Excellence: Fostering Security, Resiliency and Efficiency. This new report from Aberdeen Group focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service. Additionally, it takes a look at how Best-in-Class companies are streamlining their supply chains.
Key findings include:
Best-in-Class companies experienced a 3% decrease in supply chain execution cost as a percent of revenue (inbound /outbound transportation, pipeline and staged inventory and SC management costs)
Best-in-Class companies experienced a 3% decrease in total landed costs per unit handled
Best-in-Class companies are between 19% and 42% more likely to respond to non-catastrophic supply chain disruptions within hours.
Are you looking for quality employees to staff your supply chain department? You may have better luck if you can offer summer hours, according to a survey conducted by LifeWork Search, a search and recruitment organization that specializes in supply chain planning and procurement.
A summary of the survey findings appear in Material Handling & Logistics’ article, Supply Chain in the Summertime. The article reports that 46% of survey respondents cited summer hours as the most important non-monetary benefit for employees, followed by an extra day off, a company outing, and a casual dress code.
“We’re starting to see a lot of companies put wellness and associated programs in place to help employees balance the challenges of work and life,” says Jason Breault, managing director of LifeWork Search. “More companies are coming to the realization that healthy-minded employees are more productive employees. We are constantly being asked by hiring managers what they should put in place to make their environment friendlier.”
Management Dynamics’ CEO, Jim Preuninger, was featured as an IT Thought Leader in last month’s issue of Inbound Logistics. In the feature, Mr. Preuninger discusses trending topics such as the role of technology in the optimization of global supply chains, and steps to simplify the import or export process.
These [global trade management software] tools provide an immediate and visible return on investment, enabling companies to reduce costs, improve operations, shrink manual data entry errors, facilitate cross-border movements, and improve customer service. In addition, reducing cycle times, eliminating bottlenecks, improving distribution networks, lowering out-of-stocks, and determining the best way to ship freight can also lower emissions, an ecological goal for many companies.
He also offers some sound advise for companies who may be looking to take the next step toward globalization:
Companies no longer have to take on all facets of international trading at once. And with the advent of cloud computing, otherwise known as Software as a Service (SaaS), companies can collaborate with trading partners around the globe with minimal start-up costs and headaches using a pay-as-you-go model.
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