Supply chain management is an activity taken on by companies, or their logistics and supply chain partners (like Logistics Plus), to develop and operate supply chains in the most effective and efficient ways possible. The concept of supply chain management focuses on one core idea: practically every product in the world reaches an end-user. The more steps there are in a logistics plan, the more efficient your supply chain process needs to be. Here are five tips to effectively manage your supply chain.
1. Develop a Supply Chain Strategy
Although it seems like common sense, few businesses actually develop a written supply chain strategy. Effective supply chain and logistics management are all in the planning. The fewer decisions that need to be made on the fly during the transportation process the better. Although a solid plan won’t cover every circumstance, it will limit the number of decisions that need to be made. A good logistics provider will plan well ahead to eliminate supply chain disruptions as best they can.
2. Always Have a Contingency Plan
No matter how good your logistics plan is, disruptions and delays are inevitable. After the plan is made, the job is far from over. Your logistics department, or provider, should have contingencies for every element of your plan if something goes wrong. You should also know when to stick with your original plan rather than switching to your backup.
3. Leverage New Technology
Technology that exists today plays a major role in strengthening supply chains. The most successful supply chains incorporate technology such as warehouse management systems (WMS) and transportation management systems (TMS) to automate processes. By speeding up decision making, technology-driven supply chains play a large role in helping companies gain a competitive advantage.
4. Align Your Supply Chain With Your Business
Sales and operations collaboration makes it easier for companies to align supply chains with their business. One great way to do this is by focusing on employee development. Investing in the necessary training and skills for employees allows them to understand the impact processes have on the business.
5. Learn From Your Mistakes
Depending on the size and complexity of your company, poor supply chain management can cost your company hundreds of thousands of dollars each year. The most important thing you can do when optimizing your supply chain is to identify your mistakes. As a result, you can shift your focus on putting systems in place to ensure the same mistakes don’t happen again.
The coronavirus (COVID-19) outbreak continues to spread globally and supply chains are feeling the effects. As a leading worldwide provider of logistics and supply chain solutions, Logistics Plus is uniquely positioned to have our hand on the pulse of this situation. Yuriy Ostapyak, COO & Director of Global Operations for Logistics Plus, recently provided comments regarding this global pandemic, including the impact the coronavirus has had on global business, capacity and inventory, and suppliers; and what Logistics Plus is doing to assist its customers.
Jim Berlin, the Founder & CEO of Logistics Plus, was interviewed live on Bloomberg Radio on Friday, February 28th to discuss the impact the coronavirus (COVID-19) has had on global supply chains. In particular, Jim discussed how the logistics industry is tightening up, the long-term effects, and the shortage of transportation options.
Check out the Flickr slideshow below with photographs taken at the Bloomberg Radio studio in New York City by Cecile Fradkin,
Co-Founder and President of S&C Public Relations Inc.
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Logistics Plus Partners With RIO to Restore Integrity to World’s Oceans
Restoring Integrity To The Oceans, Inc. is dedicated to making the oceans safe for all life above and below the water for generations to come.
ERIE, PA (February 11, 2020) – Logistics Plus Inc., a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce its partnership with Restoring Integrity To The Oceans, Inc. (RIO) to support ocean cleanup initiatives.
Logistics Plus, a SmartWay Transport® Partner, aspires to be a leader in environmental sustainability practices. Through its partnership with RIO, Logistics Plus will assist with all aspects of supply chain management. This includes transportation of the plastic debris collected, international regulation assistance, cross-border trading, and navigation of customs and global trade compliance. Logistics Plus is committed to using its global network of customers and partners to connect RIO with people who support its mission of restoring integrity to the World’s oceans.
“Removing plastic waste from the oceans for recycling requires solid logistics and transportation management, and Logistics Plus is proud to be doing its part to help with this commendable initiative,” said Yuriy Ostapyak, Director of Global Operations for Logistics Plus.
RIO has been collecting plastic waste from Earth’s oceans since 2019 at locations around the world. The majority of materials collected can be recycled in some fashion. Some material is recycled directly into new products, such as tennis shoes, while some may be recycled into high value petrochemical products. The largest ocean cleanup to date hosted by RIO was on February 7th and 8th, 2020 in Jakarta, Indonesia. An astonishing total of 11,000 people signed up and participated.
“While we talk about different oceans and assign them various names, we really only have one ocean. After decades on the water I could not continue to take from the ocean without giving back and working to protect the oceans for future generations,” said Kieran Kelly, CEO and Co-Founder of RIO.
“Our partnership with RIO is just one of the many important initiatives we are undertaking to support our sustainable development goals,” added Ostapyak.
About Restoring Integrity To The Oceans, Inc. Restoring Integrity To The Oceans (RIO) primary objective is to mitigate the amount of plastic that is going into the World’s oceans and work to significantly reduce and remove the plastic waste in the major waste collection areas in the World’s oceans. The primary effort for RIO is preventing the introduction of and reclaiming plastic materials from the ocean, which is accomplished through innovative techniques that vary based on the size and concentration of the plastic waste material encountered. Furthermore, RIO has long term plans to develop products directly to help recycle plastic waste material and promote recognition and education for reducing plastic waste in the oceans. Learn more about RIO online at oceansintegrity.org.
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About Logistics Plus Inc. Logistics Plus Inc. provides freight transportation, warehousing, fulfillment, global logistics, business intelligence technology, and supply chain management solutions through a worldwide network of talented and caring professionals. The company was founded over 23 years ago in Erie, PA by local entrepreneur, Jim Berlin. Today, Logistics Plus is a highly-regarded fast-growing and award-winning transportation and logistics company. With a strong passion for excellence, its 450 global employees put the “plus” in logistics by doing the big things properly, and the countless little things, that together ensure complete customer satisfaction and success.
The Logistics Plus® network includes offices located in Erie, PA; Akron, OH; Baltimore, MD; Birmingham, AL; Buffalo, NY; Charleston, SC; Chicago, IL; Cleveland, OH; Dallas, TX; Des Moines, IA; Detroit, MI; Fort Worth, TX; Haslet TX; Houston, TX; Laredo, TX; Lexington, NC; Los Angeles, CA; Melbourne, FL; Nashville, TN; New York, NY; Olean, NY; Ontario, CA; San Bernardino, CA; San Diego, CA; San Francisco, CA; Tampa Bay, FL; Australia; Bahrain; Belgium; Canada; China; Colombia; Czech Republic; Egypt; France; Germany; India; Indonesia; Kazakhstan; Kenya; Libya; Mexico; Netherlands; Poland; Saudi Arabia; Singapore; Taiwan; Turkey; UAE; Ukraine; Uganda; and United Kingdom; with additional agents around the world. For more information, visit www.logisticsplus.com or follow @LogisticsPlus on Twitter.
Logistics Plus is well-known for being an industry-leading freight broker, international freight forwarder, warehousing partner, and third-party logistics (3PL) provider. What you might not know is that, in addition to our traditional 3PL service offerings, we also offer a variety of unique supply chain solutions based on the needs of our clients. Here are 12 services that you may not know about:
Freight Claims Management and Resolution
Freight Bill Audit, Payment, and Recovery
Product Launches and Rollouts
Dedicated Truckloads with our own NTL Trucks
Customs Brokerage and Clearance
Global Trade Compliance and Training
Over Dimensional and Heavy-Lift Cargo Logistics
Global Sourcing and Procurement Support
Furniture, Fixtures and Equipment Inventory Management
Business Intelligence and Technology Solutions
Cargo Insurance and Financing Solutions
Linguistics and Translation Services
Visit the Logistics Plus services menu on our website to learn more about our various solutions. You can also request a risk-free supply chain analysis or contact us today for more information.
“Removing plastic waste from the oceans for recycling requires solid logistics and transportation management, and Logistics Plus is proud to be doing its part to help with this commendable initiative,” said Yuriy Ostapyak, Director of Global Operations for Logistics Plus.
Logistics Plus is well-known for being an industry-leading freight broker, international freight forwarder, warehousing partner, and third-party logistics (3PL) provider. What you might not know is that, in addition to our traditional 3PL service offerings, we also offer a variety of unique