fabiochiu/medium-articles huggingface dataset:
Helping local businesses overcome COVID crisis in a conflict zone, Kashmir.
By: Fastbeetle Services
Tags: Parcel, Parcel Delivery Service, Supply Chain, Fastest Delivery Service, Logistics

For years, the unrest in Kashmir has been a serious setback for local businesses to grow and 2020 being ever challenging was a plus.

While whole world was facing the huge calamity in the form of

Corona Pandemic, we as a team decided to uplift and reach out to

our people who wouldn’t want to step out of their homes and whose search engines would desperately search for the local courier services or parcel delivery options in their respective city.

Taking it as a 2020 challenge, we operated from a conflict zone, in order to provide the fastest delivery to our people through the on-field courageous efforts from delivery boys that involved health risk and the action-oriented technical process via mobile applications that involved challenges because of internet issues.

In the onset of the pandemic, we geared up our whole team, to support the cause of good health and well-being by delivering the essentials at the doorsteps that varied from COVID essentials like PPE kits and medicines to food and groceries, thereby serving the purpose for local medical businesses.

We made our next move by targeting the local farmers whose farms and orchids had yielded them a good produce but delivering it to the markets wasn’t possible. We arranged pick up and delivery service for them and started delivering the local products like fruits and vegetables directly from their farms to the local population. For one of our vendor, we reached the significant milestone by successfully delivering 5 ton of apples in a week and that kept rising for months.

Followed by the lockdown relaxations, when our local businesses varying from Instagram shops to retail businesses, wanted to operate from their homes to overcome crisis; we supported them to revive their business by bridging them to the consumers for the local economic growth, getting the parcel pick-ups and deliveries as fast and professional as possible.

Book yours today

https://www.fastbeetle.com/sendpackage
Blockchains 101: VECHAIN
Tags: Vet Vtho, Supply Chain, Blockchain, Cryptocurrency, Vechain

Blockchain applied to Supply Chain

Introduction

VeChain (Tickers: VET & VTHO) is a Blockchain Network applied to disrupt the supply chain industry by providing transparency and reducing friction of existing supply chains management models.

VeChain was Founded in China by Sunny Lu and Jay Zhang in 2015 and did an ICO for its VEN (ERC20) token in September 2017, raising $20 million worth of ETH.

VeChain Logo

In 2018 the token was migrated from Ethereum to VeChain dedicated blockchain and VEN token rebranded VET.

Description

The VeChain platform aims principally at serving business customers to help them process their dataflow and improve their supply chain processes via the use of Decentralized Ledger Technology (Blockchain) with progressive integrating Internet of Things (IoT) capabilities.

VeChain has a substantial existing customer base among established companies and applies a form of “Blockchain as a Service” (BaaS) model.

The VeChain platform operates a Proof of Authority Consensus algorithm with “Authority Masternodes” mostly controlled by Enterprise clients as entry requirements are high (Full KYC, 25M VETs as collateral, enterprise grade servers).

VeChain Authority Masternodes Infrastructure

VeChain governance is managed through a Steering Committee elected by VET stakeholders at regular intervals of time via the non-profit VeChain Foundation.

Supply model

VeChain relies on a double token system: VeChainThor (VET) and VeChain Thor Energy (VTHO). VET is used to provide value to smart contracts on its blockchain while VTHO is the underlying energy (or gas) used to power transactions and actions on the network with the following characteristics:.

VTHO are automatically generated in any address containing VET at the speed of 5x10–8 VTHO / VET / block (10s)

in any address containing VET at the speed of 5x10–8 VTHO / VET / block (10s) 70% of VTHO paid in each transaction is destroyed and 30% awarded to the Authority Masternode Operator.

VeChain Ecosystem

Storage and wallets:

Besides being available in most popular hot wallets such as Trust Wallet, Cobo Wallet, Atomic Wallet, Arkane Wallet, MySafeWallet, Guarda or Exodus

Official VET wallets:

Technical specificities:

Type: Native Coin + Gas Token

Native Coin + Gas Token Total Supply: NI

NI Consensus: Proof of Authority (PoA)

Proof of Authority (PoA) Encryption algo: VRF

VRF Privacy: Low

Low Blocktime: 10 seconds

10 seconds Blocksize: NI

Smart contracts: yes

yes Transactions per seconds (TPS): 165 TPS (low)

165 TPS (low) Coding languages: multiple

multiple Open source: Yes

Documentation:

TradingBull.io

Telegram community: https://t.me/TradingBull_DA
PrimaDollar Is To Bring Supply Chain Trade Finance In India
By: Emerio Banque
Tags: Supplychainfinance, Supply Chain, Finance, Primadollar, Trade Finance

PrimaDollar, a Supply Chain Trade Finance platform is now planning to conduct its business in India after launching it in the UK. Supply chain trade finance is a unique and efficient way that allows big corporates to handle the funding and payment system for their overseas suppliers.

As per the release, “Replacing LCs and other bank trade finance instruments, it delivers immediate cost savings, reduces street prices for goods, and improves India’s international competitiveness. With the top 100 Indian importers bringing in over $30 billion in goods every year, PrimaDollar is targeting savings for this sector of at least $50 million”.

This advanced supply chain trade finance platform by PrimaDollar is expected to assist Indian companies in refining a full-fledged competition in both local and international markets as it reduces the input costs of materials and components essential for developing and manufacturing goods for sale.

With its UK head-Office, PrimaDollar is a fintech company that is facilitating international trade finance worldwide with clients over 40 countries now. Launched in India in September 2019 and now consists of 5 offices with an adequate staff in India compared to any other country, the company is reinforcing big Indian global traders with its supply chain trade finance across its digital advanced platform.

Swati Babel, CEO PrimaDollar India explained, “ It has been a lot of work to adjust our successful supply chain trade finance platform to fit with Indian market requirements. But now this has been done, with the excellent support of the leading corporate law firm, Indian companies and their Indian relationship lenders can now take advantage of this leading trade finance technology”.

After launching their business in the UK and European markets, PrimaDollar has modified the platform with the purpose to ensure its suitability with the Indian regulations, customs, standards, and rules of Indian Banks and the Indian foreign exchange control regime.

The supply chain trade finance platform of PrimaDollar associates global traders ( importers & exporters), domestic banks, logistic suppliers, and funders together. The whole process of the global supply chain can be then handled, funded, and dominated by the importers through one process, doesn’t matter where the goods are being shipped or coming from. It will help to shift the entire import supply chain onto standard open account terms, while the banks of India or global partners facilitate finance to ensure on-time payment to the exporters at shipment while global imposters release payment later.
HOPE beats VUCA!
By: Albert Vazquez-Agusti
Tags: Investing, Supply Chain, Venture Capital, Entrepreneurship, Emerging Tech

H for Holistic preparedness

HOLISTIC PREPAREDNESS addresses the dynamics of change that drive VOLATILITY. It’s important to devote resources to prepare for and respond to volatile events. Holistic preparedness requires addressing the overall ecosystem. Enabling these resources can be expensive but the amount of investment should match the risk.

Early on in the year, we faced the unexpected challenge of the viral spread of COVID19 whose unknown duration quickly became clear. Although we quickly modelized virus propagation scenarios and researchers started developing vaccines using latest advancements like synthetic mRNA, we stumbled in the basics like the scarcity of personal protection equipment and ventilators in the pandemic’s initial stages even though we knew that a respiratory pandemic could hit us anytime after the early warnings of H1N1 in 2009.

COVID19 is not the last nor the largest challenge we know that we’re going to face this century. What other events should our world prepare for?

Top of mind for many is the dynamic of climate change. An example . . . as an amateur chef myself, food availability is a personal concern. Fortunately, I’m reassured to see a reference here about smart investments in agri-tech to reduce food dependency in certain Middle East countries, especially relating to fruit and vegetables. BUT, considering how so many ancient civilizations were extinguished, yes, extinguished due to food disruptions from climate events, are we prepared enough?

Are we conscious and engaged enough to change structural habits for the sake of the next generations?
What is a Warehouse Management System? Part 3
By: Yanguei Aw
Tags: Warehousemanagementsystem, Warehouse, Supply Chain, Supply Chain Management, Warehouse Management

What is a Warehouse Management System? Part 3

The warehouse management system is to assist warehouse operation to manage the processes. Because garbage in will always result in garbage out, hence receiving inventory into the warehouse is the most critical step in a warehouse operation.

“How difficult can this be? Even my grandmother knows how to receive inventory into her storeroom and retrieve it later”. A comment I often heard when talking to many organisations, especially the sales department. The function of sales is to create enough works for the warehouse and the function of the warehouse is to execute these works flawlessly. These two departments should work closely together, but they often do not. As such there are cases and pitfalls that you should try avoiding, I recommend you read the book ‘Dodge It If You Can’.

Basic Warehouse Process Flow

A good warehouse management system allows operation administration to set receiving rules, such as items that can be received into the warehouse, quantities that are acceptable and can be received and the acceptable exceptions in these rules. For example, for this particular item, if the supplier supplies more than what has been ordered for no more than 20%, accept the delivery. Another example is that for some suppliers, the delivery must be in full ordered quantity or else the warehouse shall not accept the inventory.

Another important rule is shelf life, inventory may have different shelf life and the warehouse management system must be able to track and manage these inventories. For example, you don’t want to receive inventories about to expire into your warehouse, unless they are goods return.

When the warehouse is handing a few thousand items, human workers are no longer effective and efficient in memorising these rules. Human has a limited and fairly unreliable memory when dealing with too many items, inventories and rules. If you are a third-party logistics (3PL) provider operating a shared-service warehouse with multiple clients, it is vital to have a good warehouse management system ensuring all the receiving rules are followed without fail.

Another example is that some items may require immediate quarantine upon receiving. A decent warehouse management system must have the features enabling you to configure the rules to fit your current and future needs.
Drone Delivery Surge — HUBVERY automation for uninterrupted supply chain
Tags: Supply Chain, Delivery, Automation, Drone Delivery, Logistics

by Spencer Lee — October 28, 2020 in Deep Tech, Rest of US

The drone surge looms, and COVID-19 is hastening its arrival. A look at how drone startups in three categories — medical, consumer supply and software — are shaping the space. Hurricane Maria in Puerto Rico spurred one startup.

HUBVER — Drone delivery automation for uninterrupted supply chain

Castro Quilles started developing the concept alongside fellow technology innovators at Singularity University, where Hubvery was incubated. His company, which also received support from Nvidia Inception incubator program in 2019, currently has a leadership team of four with plans to hire after an initial round of funding.

The inspiration for Hubvery (a mashup of the words “hub” and “delivery”) came to Castro Quilles in 2018 after Hurricane Maria ravaged his native Puerto Rico. Ensuing landslides left many communities isolated and cut off from relief for days.

“I thought, ‘Well, if this happens in a small island in the Caribbean that belongs to the U.S., what do you think happens in the rest of the world, people that are way less fortunate? They die waiting for their stuff, right?’ And that’s how, eventually, that idea turned into a project, then turned into a service, and then turned into a product,” Castro Quilles said.

Castro Quilles sees Hubvery as filling an essential gap that currently exists in the supply chain, particularly when it comes to serving hard-to-reach areas that suffer from a paucity of retail or shipping options. If customers need a product right away, they wouldn’t find themselves out of luck if the nearest merchant open for business was too far away or if a courier or shipper was unavailable.

Read more…
Disponent, dispečer, manažer… Kdo je kdo v logistice?
By: Tereza Blažková
Tags: Doprava, Supply Chain, Logistika, Dispatches, Přeprava

Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Make Medium yours. Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore
“เอไอ” กุญแจสำคัญสู่การพัฒนาระบบ Supply Chain
Tags: Supply Chain, Artificial Intelligence, AI, Future, Technology

AI in Supply Chain management

AI technology is critical in almost every industry, especially when business operators have good plans and when they…
Why You Should NOT Use ARIMA to Forecast Demand
By: Nicolas Vandeput
Tags: Arima, Supply Chain, Forecasting, Demand Forecasting

Are you using (S)ARIMA(X) to forecast supply chain demand?

I see five reasons why you should not.

💾 ARIMA requires a long historical horizon, especially for seasonal products. Using three years of historical demand is likely not to be enough. Short Life-Cycle Products. Products with a short life-cycle won’t benefit from this much data. Forecasting demand at a higher hierarchical level might help. But it will come with other challenges (reconciliation, loss of accuracy). 💻 Running ARIMA on a wide dataset is (extremely) time-consuming as each SKU needs to be optimized separately. If it takes 1 second to optimize one SKU, that’s nearly 3 hours for 10,000 SKUs. You will need a lot of computing power (and parallelization). 📐 ARIMA is assuming time series to be “Stationary.” It means that ARIMA is assuming your demand to have a constant mean, variance, and covariance over time. Let me know if this description matches any of your products. 📈 At its core, ARIMA is powered by linear regressions. ARIMA assumes each product's trend to be constant over time. Would you agree that this is the case for all your products?

Other statistical models like exponential smoothing with (damped) trends can deal with changing trends. That’s much more realistic. 🎯 I like to play with forecasting KPIs (did you read my article about forecasting metrics?) You cannot optimize ARIMA for MAE, only for RMSE. That’s a pity.

Finally, I see one good reason for using ARIMA: it can (easily) deal with external demand drivers (such as marketing events, pricing, and so on). But, again, assuming a linear relationship between these drivers and the demand.

Want to learn more?
AI in Supply Chain management
Tags: Supply Chain, Artificial Intelligence, AI, Future, Technology

AI technology is critical in almost every industry, especially when business operators have good plans and when they have the effective strategies as a fundamental structure to run its business, such as; Supply Chain management.

Supply chain comprises of steps starting from raw material acquisition, raw material storage, production planning, goods and products to storage and logistics.

I believe all business owners bring the best intentions on every step of work and execute the best plan to its business. However, AI seems to have something to offer virtually for every step of the working process in each business.

Photo from: Unsplash

When we have a sufficient amount of data collected (should be collected at least for 2–3 years) along with expertise and experienced professionals in a company, AI technology will help increase accuracy of work and effectively drive operational performance in a company.

Demand Forecasting

AI technology has the ability to help humans forecast future scenarios such as customers demand, upcoming sales, trends and can predict the deterioration of the machine in a factory (the accuracy degree of prediction result is 5–10% accuracy increased when using more data).

The accuracy of forecasting will help the business to manage and prepare its product or service more efficiently, and will increase sales, while decreasing the budget, stock, space, waste, and time that will occur.

​Production Planning

Manufacturing or production process normally uses up to 3 days to analyze and summarize data information in a factory in order to plan ahead with other teams with the upcoming production for the following month or week which it will take up more time to manage and solve the problem.

Unexpected problems may occur in any time, such as; product order changes, machine breakdown, delivery accidents, or shortage of staff.

The technology for this can make everything better, work can be done within 10 minutes with a high level of accuracy, as well as providing suggestions and back-up plans to cope with the same scenarios.

Logistic / Distribution Planning

Logistic and distribution in a business has its level of complications, for example, planning of delivery routes to deliver the products to each store by calculating the routing by workers. Nowadays, AI is able to make all the process more efficient for workers to run through the delivering process. The workers will have more time to manage other tasks efficiently as well.

​Technology nowadays is becoming increasingly involved in businesses to help optimize the working process and operate businesses in more efficient ways. What’s more, not only automating tasks AI helps in a business but also the work in the whole supply chain.
Why Choose Supply Chain Management as a Career?
By: Ajinkya Kumar
Tags: Mba, Pgdm, Supply Chain, Course, Management

Choose Career in Supply chain Management

When you think of Supply Chain Management, the first thing that comes to mind is logistics, coordination and management of the storage and movement of raw materials and finished products. Doing a PGDM in Supply Chain Management opens a lot of opportunities in as it is a growing field in a developing country like India.

About Supply Chain Management

Supply Chain Management refers to the management and coordination of movement and storage of goods. However, an important aspect involved in this process is to ensure maximum customer value and achieve a competitive advantage that is sustainable in the long run. The activities include the development, sourcing, production, logistics and distribution. For example, the massive ‘Make in India’ initiative would require special focus on not just management of the supply chain process but optimization of the same. Supply Chain Management courses would equip you with the necessary skills to excel at your work.

Supply Chain Management — Good Career Option or Not?

As mentioned earlier, a career in Supply Chain Management is very advantageous in the current scenario. According to management experts, there is a lot of scopes as it is the next big thing in the Indian industrial sector. With uncertain supply networks, globalised economies, multinational companies and shorter product cycles, the demand for Supply Chain Management graduates has increased greatly. Therefore it is a good idea to invest in a renowned Supply Chain Management course from a reputed institute if it suits your interests and skillset.

Placement Opportunities After Studying Supply Chain Management

Whether you do an MBA or a PGDM in Supply Chain Management, your job opportunities will be similar. With a starting salary ranging from between 3–20 lakhs and top recruiting areas being e-commerce, procurement, FMCG, logistical solutions and so on, it is no surprise that the top recruiters are Procter & Gamble, Apple, Unilever, Amazon and McDonalds among others. All businesses, whether retail or manufacturing, thrive on the expertise of Supply Chain Management and Logistics specialists. Therefore, it is important to choose the institution where you do your diploma in Supply Chain Management because the more reputed it is, the better the placement opportunities. It is also possible to get consultancy opportunities based on your expertise. All you have to do is ensure that you join the industry of your choosing.

In conclusion, a diploma in Supply Chain Management will boost your career to new heights, especially if you do a distance learning course such as We School’s Hybrid Distance Learning Programme. This way you can continue to work while you earn and pursue your career without missing out on that promotion! Start looking for a business school that suits your needs and goals to get the best out of your educational investment.
Santa Is at Capacity This Christmas
By: Joe Niehaus
Tags: Coronavirus, Supply Chain, Ecommerce, Startup, Business

Photo: Rebecca Cook / Reuters

Santa Is at Capacity This Christmas

Perhaps the busiest time of the year for e-commerce shopping (and shipping) just got another shipment added to the backlog. Vaccines being shipped out starting this week add more complexity to an already stressed distribution network.

Shopping from home

This is a historic week. The first COVID-19 vaccinations were administered on Monday and have since been shipped out across the country. The potential product of the decade is causing headaches to the national supply chain. A September survey conducted by Pharma.Aero and The International Air Cargo Association showed that only 28 percent of organizations involved in global air transportation felt prepared to handle COVID-19 vaccines.

Photo: Amazon

This year has already been tough for freight and delivery companies; Amazon customers experienced delays early in the pandemic as the e-commerce giant prioritized shipments of cleanings supplies, toilet paper, etc. and delayed shipping nonessential items.

Amazon wasn’t the only company with heavier-than-usual activity. E-commerce as a whole had a banner year and 2020 will mark a pivotal shift to services like online grocery shopping and food delivery apps, which are now seen as necessary aids rather than novel conveniences. U.S. Q3 e-commerce sales jumped 37.1 percent this year compared to Q3 2019.

The giving season

The Washington Post reported on the expected struggles that shipping companies are having, even refusing deliveries for some retailers because they’re simply not able to fulfill them: “Postal employees are reporting mail and package backlogs across the country, and working vast amounts of overtime hours that have depleted morale during another surge of coronavirus infections nationwide… ‘UPS and FedEx have shut us off. Nobody can keep up right now, but we don’t have the luxury of turning people down.’”

As good as the news of the vaccination may be, it is certainly arriving at an inopportune time for smaller brands hoping to gain new customers by completing orders by Christmas morning. Customers have taken to Twitter to let companies like Shutterfly and Crate and Barrel know that their orders are late:

Product review site The Quality Edit recently published a helpful guide to the best holiday gifts along with their shipping deadlines.
A Smart healthcare supply chain data management solution
By: Thu Anh
Tags: Healthcare Software, Supply Chain

A Smart healthcare supply chain data management solution

A smarter healthcare supply chain data management solution. Great savings up to 87% for a client after 12 months.

Healthcare Supply Chain

EXECUTIVE SUMMARY

This project is a supply chain solution developed by Bestarion for Customer G. In the United States, medical-surgical product information is always changing, making it hard to align contracts and take advantage of reimbursement opportunities. This solution helps Customer G’s clients achieve more accurate, up-to-date and standardized data within their materials system. The result is significant savings, which could be as high as 87%, derived from reduced errors and better contract alignment, plus the ability to increase reimbursement revenue.

Read more: https://bestarion.com/a-smart-healthcare-supply-chain-data-management-solution/
5 signálů, že vaše logistika může být efektivnější.
By: Tereza Blažková
Tags: Supply Chain, Logistika, Warning, Logistics

Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Make Medium yours. Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore
How Organic Riot covers 80% of its demand centers under 2-day delivery
Tags: Case Study, Direct To Consumer, Supply Chain, Beauty Brand, India

Case Study: India | Category: Beauty

Organic Riot (India)

Organic Riot was able to cover 80% of its demand centers under 2-day delivery with WareIQ’s strategic warehousing solution.

The Brand

Organic Riot is an affordable & safe skincare brand offering products without any endocrine-disrupting synthetics or carcinogenic chemicals. As consumers move away from synthetic products and demand organic ingredients, beauty brands have emerged (and old ones pivoted) to offer natural products with 100% transparent formulas. Organic Riot is at the forefront of this revolution in India & New Zealand.

The Challenge

In 2019, Organic Riot found themselves in a challenging situation where they were unable to ship to their customers within expected delivery times. Some of their best-selling products like the acne serum cream were urgent requirements for customers and not receiving them on time, hurt customer loyalty.

The root cause of the problem was that while Organic Riot had customers all across the Indian metros, all their shipping was being done from a single warehouse. This meant, only customers in close proximity to the warehouse would qualify for fast shipping. At this time, only 23% of Organic Riot’s demand centres could cover 2-day delivery.

The Solution

Organic Riot worked closely with the WareIQ team, led by founder/CEO Harsh Vaidya, to leverage WareIQ’s pan-India fulfilment network and cover more demand centres under 2-day delivery. . Organic Riot was now able to utilize facilities in Mumbai, NCR, Bangalore and Pune in a plug & play manner and be closer to their customers — resulting in faster delivery. The fast delivery has helped Organic Riot drive up customer satisfaction, and reduce NDR and returns substantially.

Sid Somaiya, founder and CEO of OrganicRiot explains, “We could have used any other tech platform but speaking to both Harsh & Aayush is like sharing your concerns with friends and it’s always been more than business for me. Also, we internally had no idea on what kind of effort and issues we would face once we catch up to scale, we needed allies in this aspect & WareIQ happened to be my obvious choice.”

WareIQ’s Value & Business impact

85% of orders started falling in Zone A & B (2-day delivery radius). Earlier this number stood at 22%

Return rates reduced to 3% (industry-leading)

Now many other DTC brands across India use WareIQ to reach their customers in 48 hours. Ready to transform your fulfilment and offer Amazon-like delivery to customers?

Explore our services on www.wareIQ.com
Virtual Shipment Dedicated Executive plan for B2B tie-ups.
By: Dahiya Sny
Tags: Transport Management, Transportmanagementsystem, Supply Chain, Virtual Shipment, Virtual Shipment B2b

16-Dec-2020

Virtual Shipment helps various companies to save over 50% of their logistics cost using various Virtual Shipment’s tools and services. Providing Dedicated executives is one of the major services provided by Virtual Shipment that can help the industry to save a lot of time, money, and efforts so that the company can concentrate on other business aspects.

Virtual Shipment can take care of all the operation and documentation work for the company like arranging fleets, managing fleets, managing transit operations, monitor payments (credit and advance), manage ERP, TSP’s Document submission and verification, Fleet document submission and verification, manage loading and unloading, material documentation, verify e-way bill, manage credit & debit note and many more.

Virtual Shipment also helps to save the amount that the company is paying to its employee in means of incentive, commission, munsiyana, or whatever you call it.

When you have a lot of other things to look at they why to spend your valuable time on something that our experts can do for you?

When our Dedicated Executive Service combines with our RAOB (Reverse Auction & Open Bid) tool, it will help you to reduce the shipment/transportation cost by a huge margin. our motive is not only to arrange fleets or transporters for you, instead, but we also work on your requirements whether it is cost efficiency, service-based or lesser turn around time.

For more detail, you can contact us.

Dedicated Executive 1

Transport Manager, He/she can work from client location

(Responsible to manage requirements and track everything before the arrival of the fleet to the company’s gate and after leaving the company’s premises).

· Load Post · Manage Bids and quotations · Online Document Management · Manage Operations (transit-related) · Work as a team lead to manage Human Resources (Lead Executive 2 & 3). · Monitor payments between Client and TSP. · Manage Rating & Review · Transport Security Access management · Manage ERP

Dedicated Executive 2

Onsite Transport Supervisor, He/she can only work from client location (Responsible to manage requirements and track everything after the entrance of fleet in a company and before leaving the company’s premises).

· Physically verify driver’s, Fleet’s, and transporter’s documents · Manage Loading and Unloading · Payment confirmation for TSP (Advance) · Material Documents Verification · Verify Bilty. · Verify E-Way Bill · Credit & Debit message to TSP · No commission/munsiyana will be charged. · Lead Executive 3 to tackle TSP & Fleet behaviour.

Dedicated Executive 3

Jr. Demand Fulfilment & Field Executive (Responsible to fulfil and manage TSP end requirements).

· To arrange fleets (For Advance Payment) · To arrange Transporter (For Credit Payments) · Price/Cost Bargain · Issues resolution (Client with TSP) · Lose/Damage Verification · Police enquiry · Other fields work.

Dedicated Executive 4

Key Relationship Officer (Bridge between Client & Virtual Shipment).
How blockchain combined with red wine?Let “LinkApe” tell you with peace of mind
By: Statecraft Tech
Tags: News, Blockchain, Supply Chain, Traceability, Wine

Image source：Statecraft

【 Published by China Times | Editor: Shi Xin-Qian | Translator: Statecraft 】

In recent years, the application of blockchain has become more and more widespread, but the general public may not know or understand what blockchain can do. A startup company in Taiwan, Eternalink Co., Ltd., specializes in blockchain technology and business model establishment. It was established in July this year, and it also simultaneously established “LinkApe Co., Ltd.” to ensure that food or items can be traced through the blockchain so that consumers can obtain highly transparent information about products. On November 23 this year Announced the first project-“ETERNALOVE” in collaboration with NEKEAS, a well-known Spanish winery, as the first wave of the flagship.

This time, Eternalink specially cooperated with NEKEAS to bring a limited edition of 1268 bottles of “ETERNALOVE” red wine. Not only does it use blockchain technology to issue unique NFT tokens, but it also combines blockchain traceability with traditional wine brewing technology. The production process behind, the experience of each batch of red wine, etc., are all uploaded to the permanent blockchain using Eternalink technology so that consumers can understand the story of each bottle of red wine and enjoy the product with more peace of mind. Innovative blockchain technology, a more perfect combination with traditional products.

When consumers scan the code, they can see every process from planting, cultivating, brewing, bottling to shipping. Eternalink said that this is to allow consumers to grasp the overall process of the item more at ease. It also allows the producer to clearly understand the overall condition of the item, through the new technology to “LinkApe” platform to trace the source of the product, and together with Lootex to develop a unique wine tasting experience and collection records, consumers can use 3D and AR Technology to collect “ETERNALOVE”.

Eternalink also shared that the current “ETERNALOVE” will be the first wave of products. In the future, 3 to 4 wines will be launched, and orders can be placed by scanning the code. Now, except for wine and Taiwan In addition to cooperation with local brands such as chicken essence of Taiwan, in the future, it will also cooperate with local products such as millet wine and tea farmers, so that small farmers and consumers can more easily find their needs, and they can also eat these products that can be traced to the source of the product.

Eternalink specially cooperated with NEKEAS to bring a limited edition of 1268 bottles of “ETERNALOVE” red wine. When consumers scan the code, they can see every process from planting, cultivation, brewing, bottling to shipment. / Source: Eternalink official website
Negotiation: Common Errors from Small Business Buyers
By: Clint Martin
Tags: Supply Chain, Negotiation, Entrepreneurship, Small Business, Procurement

Only Having One Option

Like your favorite toy as a child, it is easy to fall in love with one supplier. Why not? This one has the action grip or the prettiest dress after all. But remember that saying, “don’t put all your eggs in one basket?” That applies to sourcing your needed products as well. Unless you’re distributing PS5s straight from the manufacturer, there are plenty of suppliers who are building or can build the product you are selling or using in the product you are selling. Being involved in a scramble drill when your supplier goes under or runs out of your product that you need is not an easy or fun situation. You also lack leverage when sitting at the table for a negotiation. Being able to have options will always be a good choice.
How Supply Chain is Growing the Indian Diary Market
Tags: Supply Chain, Distribution, Fmcg, Retail Industry

With 400 million liters of milk production (daily) and an estimated consumer demand for dairy products growing at a CAGR of 15–16%, the Indian dairy market is definitely one to vie for. Competing successfully in this sector is however easier said than done, considering:

Nearly 30% of all surplus milk up for sale has already been cornered by a few large players (the 800-pound gorilla being Amul)

The supply side of the dairy ecosystem is extremely tricky considering that well over 70% of all milk produced is generated by dairy owners with only 1–4 heads of cattle. The transportation and delivery to retail is trickier considering the sheer number of retail outlets, the shifty nature of a lot of the 3rd party logistics providers and a distinct lack of cold chain infrastructure

This is the part where technology comes to the rescue. Mobile phones have become ubiquitous even in the Indian hinterland, data will soon be getting there. And thanks to them, the dairy supply chain can literally be overhauled for the price of peanuts.

Supply Side Streamlining- requires timely data about the amount and time of supply so that collection runs can be planned with the right sized vehicles. Precise data can now be collected real-time from the producers over simple mobile apps. And for the not-so-technically savvy ones with the feature phones, there’s always the easy missed call and the multi-lingual IVR!

Transport Routes Can Now be Planned- In a jiffy, communicated to route drivers and their movements tracked continuously by simply using the driver’s smart phones. IoT devices on-board the transport vehicles can transmit temperature data real-time to reduce wastage (At an annual wastage value of 4400 crores, wastage should definitely be a thing for consideration).

Delivery and Integration with Retail Outlets — The integration with retail outlets over the mobile again provides for better production planning. Cows produce more in winter, but men don’t drink significantly more. It would just make sense to divert milk supplies into value-added longer shelf life products then.

Everybody and their aunt seems to be getting into value-added products in the dairy sector these days to tap the great margins therein, but to successfully compete a deep understanding of demand patterns is essential. Integration with the last mile directly or indirectly (via sales staff) and visibility into secondary & tertiary sales is extremely essential, and now very much feasible with field applications

Structuring-a-Futuristic-Dairy-Supply-Chain

Channelier are cloud-and-mobile based platforms that allow manufacturers to connect with their channel partners, manage their sales staff and undertake other distribution operations seamlessly. These platforms are extremely flexible and can be geared up quickly to roll out tailored suply chain solutions quickly. To know more about our solutions for your specific industry and business case.

Channelier | Home Distribution Management Platform
Jak si stojí balíkové služby v ČR a ve světě?
By: Tereza Blažková
Tags: Doprava, Supply Chain, Logistika, Parcel Delivery, Logistics

Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Make Medium yours. Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore
What Is A Warehouse Management System? InventoryDay
By: Yanguei Aw
Tags: Supply And Demand, Warehouse Management Tips, Supply Chain, Warehouse Management, Inventory Management

Back To Basic Warehouse Management — What is “Inventory Day”?

Warehouses are set up to serve as a buffer storage place, a place where inventory is temporarily stored. The inventory in the warehouse is like a cushion to offset the lead time required for inventory demand. A well-managed warehouse has just enough inventory to serve the market.

The consequences of having not enough inventory are serious, you run out of stock, which not only means lost sales but your consumers will buy competitors’ products, i.e. feeding your competitors.

The consequences of having too much inventory are equally serious, you waste your warehouse space on keeping things which are not needed(you are paying for space even if it is not your warehouse), you could have used the cash to purchase something immediately useful, which result in increased revenue. There is a huge opportunity cost and people tend to forget, there is a cost of cash. Yes, cash has a cost, so you must use it wisely.

But how much inventory is just enough?

To answer the question, you need to know “Inventory Day” — the number of days the inventory will last until new inventory is supplied. For example, you have 100 cartons of a soft drink, and on average you deliver 20 cartons in a day, hence your inventory day for this item is 5 days. As such, each item may have different inventory day.

If the lead time of ordering this item is also 5 days, that means you need to order 100 cartons every 5 days. But because the world is not perfect, to avoid out of stock, a buffer is usually added for any unforeseen situations such as accidents, a sudden surge of demand or supplier themselves are out of stock (rare but not uncommon). If you add too much buffer, you end up having too much stock.

In the case of a sudden increase in demand, it could be due to many reasons, the common reasons are promotion, seasonal and weather. A good warehouse management system can provide all the required data to feed a demand forecasting & planning tool — a tool you should consider investing when your business gets bigger. However, a strong implementation team for your warehouse management system can use the data provided by the WMS to perform some calculations to get your through the first few miles before you invest in the demand forecasting & planning tool, i.e. you can use the saved money to invest in growing your business, buy more products, upgrade your warehouse management system, get a bigger warehouse, deploy robotics warehouse management, use an electronic proof of delivery system and deploy a (Customer Relationship Management), until the point when the tool becomes a necessity.

The calculation can get fairly complicated, for example, 15 items are supplied from the same supplier, but the minimum order quantities are ranging from less than 1 day to 50 inventory days, so how are you going to order these items? If this is important to you, engage a team which can advise you on this.

Inventory Day is vital to your business.
Different Types of Wholesalers in The Industry Distribution Channel
By: Maruf Hossain
Tags: Supply Chain, B2B, Wholesaler, Distribution Channel

In many ways, products go from manufacturers to retailers. Even wholesalers do not use the same market. Understanding industry distribution channels and supply can help them find the right wholesale supplier for their retail or online businesses.

Here is the list of different types of wholesalers:

Manufacturer: For some products, buyers can buy directly from the manufacturers. For example, a different type of boutique stores generally buys their items now from the manufacturers.

Importer: A business might have the right to import and distribute a product in a particular country. Some may sell items directly to the retailers, where others sell to a smaller local wholesaler.

Regional Distributor: Regional wholesale suppliers usually take delivery of big lots and sell them to local wholesalers, who sell those items to the local retailers.

Jobbers: Jobber An installer/retail shop purchases manufacturer goods at wholesale prices and sells those products to consumers at retail prices. They are also often referred to as retailers.

When you first start as a buyer, you can buy products from small wholesalers from the reliable B2B portal to get competitive prices. As your volume increases, automatically, pricing will decrease or move up the supply ladder to a bigger wholesaler.

Originally published at https://www.linkedin.com.
Bangalore Based Startup FeedMyPockets Is ‘Taskmo’ Now!
By: Arpitha V
Tags: Future Of Work, Supply Chain, Rebranding, Gig Economy

Taskmo (FeedMyPockets Formerly)

In simple terms, if one has to define Taskmo, it’s a one-stop solution for businesses to get the tasks (field or sitting) done.

Taskmo is a Task Fulfillment Platform. We are a managed marketplace that offers a digital-first approach in fulfillment and supply chain solutions for businesses.

In today’s growing economy, we at Taskmo leverage upon the gig economy. We employ a suitable workforce based on your tasks, provide them with the required AI-based online training applicable for your task, and ensure that your task is completed with set standards and within the timeframe.

The gig workers that we employ are thoroughly scrutinized through our 3 levels of the filtration process. These 3 levels include digital KYC, AI-driven training and selection. Once they qualify all 3 levels only then they are employed for the task.

Taskmo has built for Next Billion Users to bring digital revolutions in New Bharath. In such a case, the future holds more opportunities for many business sectors here. But all businesses cannot have the required workforce to meet their growing needs. Hence we at Taskmo are here to help you with your workforce solutions.

Why should you choose Taskmo?

1. If you want to build your brand and create brand awareness, we take up this task for you.

2. If you want to market your products, services or new features across various platforms, we take up this task for you.

3. If you want to increase your clientele and attract new customers, we get it done for you.

4. If you want to conduct audits, we are here to help.

5. If you want to have the option of last-mile delivery services, we do that too for you.

6. If you want to reach out to more merchants and scale up your operations we are here to help you.

7. If you are in need of tele callers and data entry services we offer them to you.

8. If you are in need of promoters, supervisors, storekeepers, drivers and any other workforce services we at Taskmo are there to help you.

Taskmo is a platform that connects your tasks to their respective taskers and ensures your unfulfilled task is fulfilled.

Then why waiting?

Start Tasking With Taskmo!!
Co se skrývá za nízkými maržemi v dopravě?
By: Tereza Blažková
Tags: Supply Chain, Logistika, Doprava, Supply Chain Management

Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Make Medium yours. Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore
Guides to Adoption — OpenChain ISO/IEC 5230
By: Shane Coughlan
Tags: License Compliance, Supply Chain, Openchain, Compliance, Open Source

We define effective open source compliance

Interested in adopting International Standard for open source license compliance? There are detaIled self-certification, independent assessment and third-party certification webinars available. Check them out below.

You can also get reference material, engage with the community, or find official service providers on the project website: https://www.openchainproject.org/

Self-Certification

Independent Assessment

Third-Party Certification