Calgary Regional Partnership strengthens awareness of Inland Port and emerging trade corridor at International Logistics Symposium

Leaders from the logistics and manufacturing industry in North America gathered for the 24th Annual Logistics and Manufacturing Symposium Pathways for Trade: North America, the Most Competitive Region in the World held on September 19-20, 2017.

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Supply chain transformation challenges: How to make a successful change

So how do supply chains handle the rapid pace of innovation?

A pace that can leave them struggling to adapt and make the right decisions?

There’s intense competition in the global economy…where only the strong survive.

Breakthrough technologies meeting the growing demand of e-commerce are the drivers of change. 

Also, the pace of on-demand customers entering the market is always changing.

The speed of technology advances mean entire supply chains are continuously adapting. But major transformations are notorious for not delivering on their original intent.

However, achieving successful business transformation is not easy.

According to the McKinsey Global Survey 2015, two thirds (74%) of respondents said the transformations they’re most familiar with are short term. 

They've been unsuccessful at improving performance and equipping organizations with the skills to sustain improvements over the medium to long term.

Riddled with cost and schedule overruns, critical projects requiring organizational transformation often miss the mark with negative consequences. 

Some of the key considerations are:

  • issues with inconsistent delivery
  • negative impact on service
  • direct impact on profitability
  • potential damage of organizational and personal reputations.

This article will highlight three strategic approaches designed to provide you with some insights and keys for a supply chain transformation roadmap.

Before going any further, let’s get on the same page on what supply chain transformation is about.

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Top 10 reasons to join the Supply Chain Management Association

Have you heard of the Supply Chain Management Association (SCMA)?

With almost 8,000 members, it’s the leading and the largest association in Canada for supply chain management professionals.

It sets the standard of excellence for professional skills, knowledge and integrity.

You’ll find this article helpful if you’re considering a career in the supply chain or a student in the field.

SCMA is a welcoming organization to anyone with an interest in the supply chain. 

Here are our top 10 reasons to become an SCMA member:

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How a Donald Trump administration could benefit Canada's supply chain

With United States president-elect Donald promising to renegotiate/withdraw from the North American Trade Agreement (NAFTA) or, withdraw from the as-yet non-ratified Trans Pacific Partnership (TPP), there could be impacts to the total landed costs of goods imported by Canadian businesses. 

But, all is not doom and gloom, said Bennett Jones international trade lawyer Darrel Pearson and Jack Mintz, a professor in the University of Calgary’s Haskayne School of Business. 

Indeed, they said there are business and trade aspects to a Trump presidency Canadian businesses might use to their benefit if they do some research. 

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5 practical tips to reduce supply chain costs by improving efficiency

The supply chain has become and increasingly complex ecosystem of people, processes and technology.

For a supply chain to operate at peak efficiency, costs must be managed down to a fraction.

Even minor fluctuations in demand require instantaneous responses.

While there is no single playbook to ensure success in the supply chain, there are few areas you can look at to improve efficiency. 

This article provides you with a few pointers on how to improve efficiency to reduce supply chain costs.

 

 

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12 tips to help you maximize intermodal transportation efficiency

With the driver shortage, increased fuel prices, and new government policies that restrict hours of service on the road, truck capacity in Canada is a challenge.

Shippers are always looking for ways to lower costs and improve service.

Today's intermodal services do just that.

According to Jim Brown, owner, JSRB Logistics Consulting Ltd., "In many rail corridors, intermodal transportation provides a much better dollar value than highway."

Intermodal operations lowers transportation costs by allowing each mode to be used for the portion of the trip to which it is best suited.

An intermodal container makes it possible to change shipment methods—from truck to rail or ship—without individual freight handling. Freight can be efficiently shipped door to door.

Brown offers the following 12 tips for maximizing intermodal transportation efficiency:

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How to avoid omnichannel fulfillment failure and three solutions to help

Omnichannel.

It’s a word associated with progress and success in today’s supply chain.

It applies to every conceivable channel in the modern supply chain.

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5 keys you must know when selecting third party logistics providers (3PL)

If you’ve chosen the right the services of a third-party logistics provider (3PL) to take your freight, warehousing and other logistics issues out of your hands, you’ll have found a good partner to help streamline your business.

But if you haven’t, be prepared for costs to go up instead of down.

Unfortunately, you may not realize you’ve made the wrong decision until after your bottom line is impacted.

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7 expert tips from Apple’s Tim Cook to optimize your supply chain

The Apple supply chain is known to be one of the finest in the world.

Many would say it’s the best.

One of the main reasons behind this claim is the man who leads Apple today.

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What everybody ought to know about freight claims law

The law for the supply chain relating to claims for cargo loss and damage is not always easy to understand.

Trying to sort through the mounds of legal documents can leave you overwhelmed.

Lost and damaged goods can quickly add to your total landed costs.

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