How Efficient Are Your Supply Chains?

HOW EFFICIENT ARE YOUR SUPPLY CHAINS?

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@XENETA_AS

ABOUTXENETA

At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.

With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution

WE ARE TRANSFORMING GLOBAL LOGISTICS

ARE YOU PAYING THE RIGHT CONTAINER

FREIGHT RATES?

DISCOVER SAVINGS POTENTIAL IN REAL

TIME.

CONTACT US.

WEBSTER'S DICTIONARY DEFINES EFFICIENT AS “PRODUCTIVE WITHOUT WASTE”. DO YOUR SUPPLY CHAINS MEET THIS DEFINITION?

IT’S A FITTING QUESTION TO BEGIN THE NEW YEAR, SO WE POSED THE

QUESTION.

“HOW EFFICIENT ARE YOUR SUPPLY CHAINS” TO OUR

COMMUNITY. HERE ARE THE RESULTS.

THE RESULTS OF OUR SURVEY INDICATED THAT OVER 71% OF

RESPONDENTS NOTED THAT THERE WAS ROOM FOR IMPROVEMENT WHILE 17.1% BELIEVED THEIR

SUPPLY CHAINS WERE OPTIMALLY CONNECTED. THE REMAINING 11.3%

WAS SPLIT BETWEEN THE RESPONSE ‘INEFFICIENT AND WE KNOW IT’ AT 8.5% AND ‘AVOID REVIEWING THE

STATUS’ AT 2.8%.

FOR THOSE FOLKS THAT NOTED THAT THEIR SUPPLY CHAINS WERE OPTIMALLY CONNECTED, CONGRATULATIONS TO YOU. IT’S A TOUGH TASK TO ENSURE ONE’S SUPPLY CHAIN IS OPERATING AT OPTIMAL LEVELS.

FOR THE REST OF THE RESPONDENTS AND FOR THAT MATTER, THE MAJORITY OF SUPPLY CHAINS IN GENERAL, EFFICIENT SUPPLY CHAINS IS THE GOAL – REDUCING COSTS, IMPROVING TIMES OF PRODUCTION AND ACCURACY AS WELL AS OPTIMIZED NETWORK DESIGNS – ARE ALL NEEDED TO COMPETE IN THE GLOBAL ENVIRONMENT.

OCEAN FREIGHT RATES ARE INCREASING. FIND OUT HOW TO STAY AHEAD OF THE MARKET.

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TECHNOLOGY HELPS IMPROVE EFFICIENCY

WE BELIEVE THAT NEW TECHNOLOGIES HAVE THE POTENTIAL TO IMPROVE WORKING CONDITIONS AND DELIVER SIGNIFICANT

PRODUCTIVITY IMPROVEMENTS, WHICH, IN TURN, SHOULD DRIVE THE DEVELOPMENT OF

NEW SERVICES AND EMPLOYMENT OPPORTUNITIES.

A DHL SPOKESMAN RECENTLY TOLD THE LOADSTAR

DHL DEMONSTRATED THIS BY TESTING SMART GLASSES AND AUGMENTED REALITY TO IMPLEMENT "VISION PICKING" IN WAREHOUSING OPERATIONS. THE FINDINGS SHOWED THAT THE USE OF SMART GLASSES AND AUGMENTED REALITY RESULTED IN 25% MORE EFFICIENCY AND WITH NO ERRORS COMPARED TO ORDER PICKERS THAT DID NOT UTILIZE THE SMART GLASSES AND AUGMENTED REALITY.

EFFICIENCY IS NOT ONLY FOUND IN WAREHOUSES, BUT THROUGHOUT

THE ENTIRE SUPPLY CHAIN. PERHAPS ONE OF THE BIGGEST BENEFITS THAT TECHNOLOGY HAS PROVIDED SUPPLY

CHAINS IS VISIBILITY.

ACCORDING TO THE NATIONAL INSTITUTE OF STANDARDS AND

TECHNOLOGY’S MANUFACTURING EXTENSION PARTNERSHIP THE GOAL OF

VISIBILITY IS TO:

REDUCE BUSINESS AND SUPPLY CHAIN RISK

WE BELIEVE THAT NEW TECHNOLOGIES HAVE THE POTENTIAL TO IMPROVE WORKING CONDITIONS AND DELIVER SIGNIFICANT

PRODUCTIVITY IMPROVEMENTS, WHICH, IN TURN, SHOULD DRIVE THE DEVELOPMENT OF

NEW SERVICES AND EMPLOYMENT OPPORTUNITIES.

A DHL SPOKESMAN RECENTLY TOLD THE LOADSTAR

IMPROVE LEAD TIMES AND PERFORMANCE

IDENTIFY SHORTAGE AND QUALITY PROBLEMS ALONG THE

SUPPLY CHAIN

RELATEDREADING:

SUPPLY CHAIN: WHAT TO EXPECT IN 2030?DIGITAL FITNESS: A PREREQUISITE

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LEARN HOW XENETA CAN HELPYOU GET INSIGHT INTO YOUR

GLOBAL OCEAN FREIGHT PRICES.

REQUEST DEMO NOW

LACK OF RATE VISIBILITY LEADS TO SCM INEFFICIENCY

THE OCEAN FREIGHT MARKET IN PARTICULAR HAS BEEN VOLATILE FOR SEVERAL YEARS WITH OVERCAPACITY ISSUES LOOMING AND SHIPPING RATES THAT REACT UPWARDS OR DOWNWARDS AT A MOMENT'S NOTICE.

SHIPPERS NEED TO ENSURE THEY ARE GETTING A COMPETITIVE RATE AND IN TURN MAKE SURE THEY ARE AHEAD OF A VERY VOLATILE MARKET TO ENSURE SUPPLY CHAIN FLOW.

SO FAR, 2017 LOOKS LIKE IT IS BECOMING A SELLER'S MARKET, HOWEVER, CHINESE NEW YEAR AND OVERCAPACITY CAN CHANGE THAT OVER NIGHT. THE OUTLOOK FOR 2017 CAN BE VERY DIFFERENT IN THE COMING QUARTERS