The 7 ‘Rights’ or 7 ‘R’s’ outline the minimum requirements for the successful movement of goods along a company supply chain. If just one of the rights is wrong it will impact shipment as a whole. Therefore the 7 Rights are essential knowledge for all logistics managers and personnel and should always be considered whenContinue reading “The 7 Rights of Logistics”
Tag Archives: Supply Chain
What are Maritime Autonomous Surface Ships?
Maritime Autonomous Surface Ships (MASS) is the term used by the International Maritime Organisation (IMO) for ships which, to a varying degree, can operate in part, or completely independent of human interaction. The IMO Maritime Safety Committee (MSC) identifies four degrees of automation on a scale, starting with degree 0 (no autonomy) and ending withContinue reading “What are Maritime Autonomous Surface Ships?”
What is an e-highway?
First of all I will tell you what it’s not – its nothing to do with email or the internet! An e-highway, ehighway or electric highway is a modified section of highway (or motorway in the UK) for the use of electric vehicles, principally heavy goods vehicles (HGV). But we already have electric vehicles? IContinue reading “What is an e-highway?”
Why are airfreight costs sky high?
A question Logistics Managers (like myself) and Supply Chain Managers are hit with regularly, especially now. It has been an extremely challenging time for anyone in the logistics industry – all across the board: Brexit, Covid, Lockdowns, Driver shortages, Port congestion, Container Shortages, Limited Flights – the list goes on. I definitely have a lotContinue reading “Why are airfreight costs sky high?”
What is 7PL?
In the rapidly advancing logistics industry, party logistics (PL) services are continuing to evolve. Many customers are still just becoming familiar with 4PL and 5PL as workable supply chain solutions – let me introduce 7PL. 7PL, like 4PL, is a management service but it can also incorporate 3PL services. So it is in essence theContinue reading “What is 7PL?”
The Six Rights in Procurement
At a time when international companies are focused on Supply Chain resilience and security the ‘six rights’ of procurement can play an important part. Procurement is a large part of any business and supply chain disruption can very quickly impact on the procurement operation of any business. What are the six rights? The six rights areContinue reading “The Six Rights in Procurement”
Shipping Consolidation services
Inefficient shipping can increase your company’s costs and have a big impact on your company’s profit. Using freight consolidation services to streamline your logistics within your supply chain can give you big rewards. What is a consolidation service? A consolidation service combines all your company orders into one shipment for accurate and efficient shipping. ThereContinue reading “Shipping Consolidation services”
How COVID-19 impacted airfreight rates
The coronavirus (COVID-19) pandemic has not only had, and continues to have, a terrible and tragic impact on life all around the world – its effects have also impacted and disrupted practically every industry and supply chain worldwide. At the start of the year as the pandemic grew, each country in turn implemented a protectiveContinue reading “How COVID-19 impacted airfreight rates”
1PL 2PL 3PL 4PL 5PL 6PL – The Advancement of Party Logistics
Many people involved with logistics will have heard of the term ‘third party logistics’ or ‘3PL’ or ‘TPL’ but what are the others? There are actually several forms of ‘party logistics’ – here I will cover 1PL to 6PL and show how the systems integrate the supply chain. The more a company moves from 1PLContinue reading “1PL 2PL 3PL 4PL 5PL 6PL – The Advancement of Party Logistics”
Forecasting – how companies tell the future
Companies tell the future, or forecast, all the time when it comes to ordering stock. Forecasting is the system used to determine how much stock should be ordered.