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Martin Verwijmeren

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For Shippers, Dynamic Invoice Matching May Yield a 10% Boost to the Bottom Line

Posted by Martin Verwijmeren     Aug 3, 2020 4:48:32 PM

The invoice matching process is typically associated with accuracy. A supply chain business partner performs a service, and the invoice they submit should correctly reflect what was delivered in that agreed upon service.

While it sounds simple enough, times have changed. In today’s complex, global supply chain, operations don’t always go as planned. Logistics service providers frequently encounter delays and unforeseen events that incur charges and ultimately alter the scope of the original estimate of costs.

Current technology enables supply chain software to move beyond simpler paradigms, helping shippers save precious time and already thinning margins.

Let’s take a look at the difference between static and dynamic invoice matching, which can offer shippers a 10 – 15% boost to the bottom line of freight and logistics cost.

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Take Control of the Situation: MPO’s Emergency Relief Cloud Solution

Posted by Martin Verwijmeren     Apr 20, 2020 4:37:51 PM

The past few months have been challenging for everyone, as the Covid-19 pandemic has impacted every aspect of the supply chain. No matter the nature of the disruption, it’s important to always put the health and well-being of you and your employees first, which in this case means social distancing and working remotely.

Fortunately, we live in a digital era where remote management has never been easier or more efficient. While the “new normal” will take some adjustment, MPO is offering supply chain businesses a quick fix to take control of the situation, continue fulfilling orders and processing returns, generating revenue, and serving customers in their greatest time of need.

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Emergency System Relief for Supply Chain Orchestration

Posted by Martin Verwijmeren     Apr 13, 2020 3:16:49 PM

As projected in a recent CNBC article, we’re currently facing a “massive shuffling of supply chains globally after coronavirus shutdowns.” Due to major closures in China, Europe, and North America, companies find themselves in a difficult position: How will they deal with unparalleled uncertainties in demand, supply, inventory, and transport?

In today’s coronavirus crisis, the companies that continue to thrive are those that can best leverage dynamic business networks. When primary partnerships fall through, it’s crucial to have alternatives in place that let you shift gears and work with secondary or new partners. Having a flexible and configurable digital supply chain platform has never been more important.

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Mastering Omni-Channel Order Fulfillment – It’s Easier Than You Think

Posted by Martin Verwijmeren     Feb 24, 2020 4:06:39 PM

Before the internet, retail revolved around brick and mortar stores and catalog order fulfillment. Online sales have entirely rewritten that paradigm, introducing significantly different channels that have split fulfillment into digital and physical hemispheres. For years, brands have been treating e-fulfillment as a separate business with its own distribution network. Most have since realized that, even though omni-channel order fulfillment involves complex, multi-form processes, customers just want a consistent and satisfying experience.

Today it’s easier than ever to merge the physical and digital worlds – and it doesn’t involve a price increase.

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Why Is Supply Chain Visibility Gaining Momentum?

Posted by Martin Verwijmeren     Jan 13, 2020 1:02:09 PM

Supply chain visibility has always been important. Yet, in 2017, improving end-to-end supply chain visibility only ranked 6th as a top objective, according to Geodis’ Supply Chain Worldwide Survey. It didn’t take long for practitioners to begin seeing the capability as a fundamental necessity and not just a tool that would be ‘nice to have.’ In fact, responders to Gartner’s latest SCM Technology User Wants and Needs Study named end-to-end visibility as their top funded initiative.

So, what’s suddenly motivating companies to prioritize this capability?

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3 Core Aspects of ‘Control’ All Digital Supply Chain Control Towers Should Have

Posted by Martin Verwijmeren     Dec 9, 2019 3:55:27 PM

Digital supply chain Control Towers are invaluable for helping multi-enterprise business networks better collaborate, improve efficiency, and cut costs. They can, however, vary greatly in the depth and degree of what they actually ‘control’ and how much direct actionability you derive from them.

Here is a brief overview of the core elements of control a digital supply chain Control Tower should have.

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To Control Supply Chain Costs, You Need to Know What They Are

Posted by Martin Verwijmeren     Nov 20, 2019 3:28:20 PM

Over the past 25 years, companies have been using the supply chain as a competitive tool. The most successful manufacturers, distributors, retailers, and logistics providers leverage superior supply chain management practices to distinguish and elevate their brands. Most of them have done so by investing billions of dollars into home-grown systems to implement these practices, as off-the-shelf software has typically failed to meet requirements.

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The Problem With Expedites That No One Is Talking About

Posted by Martin Verwijmeren     Oct 22, 2019 6:02:43 PM

Today’s supply chain is incredibly demanding. No matter what sector you’re in, you’re likely up against thin margins alongside pressures to reliably and cost-effectively deliver both regular and rush orders on-time and in-full under strict time windows.

Due to a long-standing tradition of batch-processing, businesses are constantly losing money by unnecessarily rushing regular orders that are bundled with the expedite. Most Transportation Management systems (TMSs) run up against this inefficiency because they can’t control individual orders. Here’s how the order-centric TMS is challenging and revolutionizing that paradigm.

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Why Many of the Largest LSPs Leverage a Supply Chain Orchestration Solution

Posted by Martin Verwijmeren     Oct 21, 2019 5:06:38 PM

Logistics service providers (LSPs) face a unique challenge. In addition to the evolving customer demands within an increasingly global, networked, multi-channel supply chain, these professionals juggle a variety of clients with differing supply chain and management needs.

Many of the leading LSPs, such as DSV, CEVA, and GEODIS, have opted for a more holistic approach to management through a Supply Chain Orchestration solution which connects siloed systems. Here’s how the solution provides such companies with unprecedented opportunities for superior service, innovation, and profitability.

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3 Vital Mistakes That Impede Global Supply Chain Success

Posted by Martin Verwijmeren     Dec 4, 2018 3:42:39 PM

Growth, global expansion, and building complex networks of partnerships are a boon to businesses, but they also come at a price. Greater complexity invites greater risk and room for error, and if companies aren’t careful, they may easily enter into unwieldy processes and systems that are ineffective and inefficient.

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Can Supply Chain Orchestration Help E-Commerce Realize Its Drop-Shipping Potential?

Posted by Martin Verwijmeren     Oct 25, 2018 10:34:22 AM

With the rise of online sales, more and more retailers are striving to meet shifting customer expectations. Consider that 45% of consumers have abandoned a basket on a retailer’s website because of unsatisfactory or limited delivery options, according to a MetaPack survey.

No wonder retailers are shaking up their distribution networks and looking for more options.

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How to Conduct a Supply Chain Masterpiece

Posted by Martin Verwijmeren     Jul 25, 2018 11:21:12 AM

There’s no question that the supply chain is a strategic asset for forward-thinking retailers and brand owners. Getting products from A to Z efficiently while maintaining a positive customer experience is a big balancing act that supply chain leaders deal with every day. So, how can your supply chain have an impact on customer satisfaction levels? How do successful companies view their supply chains and why is it worth investing in them? While the path to success may not be obvious, some recent research gives us some clues.

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Getting Proactive with Predictive Analytics and Supply Chain Orchestration

Posted by Martin Verwijmeren     Jun 29, 2018 8:56:49 AM

The volume of data that companies have available to them today has never been greater, but jumping from system to system and combing through it all is easier said than done. To combat demand volatility and successfully anticipate developing events that might impact your business, you need to establish a comprehensive overview of an increasingly complicated network of systems and partners.

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Managing Supply Chain Disruption in the Midst of Trade Wars

Posted by Martin Verwijmeren     Jun 19, 2018 10:00:00 AM

The prospect of the two leading global economies, the United States and China, pushing beyond the trading of punitive tariffs and into a full-scale trade war is creating a lot of uncertainty. The potential fall out for organizations engaged in global trade could be disastrous. But the desire for managing supply chain disruption, reducing risk, and protecting future profits also creates the drive for improvement that will lead forward-thinking businesses to pursue real-time visibility and control over their supply chains. By adopting supply chain orchestration (SCO) global organizations may be able to reduce some of the uncertainties that comes with these tariffs.

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Conquering Returns and Aftermarket Complexity to Strengthen Relationships with Your Customers

Posted by Martin Verwijmeren     Apr 9, 2018 11:07:53 AM

We've talked about the "Amazon Effect", and the need for agile supply chains to properly handle the increasing expectations customers have regarding factors like costs, availability, and the delivery options of the items they are purchasing. And those increased expectations have also bled into business or B2B transactions as well. After all, business buyers go home at night and grocery shop, go to the mall, and shop online like everyone else.

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