Week of March 16th, 2020
Linking technology news with Dangerous Goods compliance
Growing customer demands, increasing order volumes, stricter regulations and a host of other factors continue to put pressure on the supply chain – especially for companies shipping dangerous goods. This makes having the right technology solutions in place more important than ever.
To help companies keep a pulse on technology trends impacting business and the movement of dangerous goods throughout the supply chain, Labelmaster has launched “Supply Chain Moves,” a weekly report linking the latest technology news to dangerous goods compliance.
Let’s examine the recent supply chain technology and industry news.
TECHNOLOGY
- What Tech and Metrics Do You Need for Omnichannel?: A modern order management system will have most of the data needed to measure omnichannel success. However, some operations will require more creativity.
- Cloud and Cyber: Benefits and Challenges for Supply Chains: Cloud and cyber experts discuss the adoption of these technologies in the supply chain industry.
- Demand-sensing Software: ‘If UPS is Using it, There Must be Something to It’: UPS is in the process of fine-tuning its management of deliveries by leveraging AI to inject more live data into its operations – getting the attention of other companies.
- How Cloud, Security and Big Data Are Forcing CIOs to Evolve: The good news is that the enterprise-level disruptions to the CIO role represent an opportunity to re-examine their positions and make meaningful adjustments — especially at the mid-market level.
- Push Versus Pull of Digital Transformation: Successful digital transformations require employee engagement on all aspects of implementations for organization-wide initiatives.
3PL TECH
- Networked TMS – The Great Game Changer for Global Businesses: To meet faster delivery demands, higher order-volumes and other factors, companies need a networked TMS that can support multi-leg, multi-mode, multi-currency, and multi-language shipments across countries.
- One, Two, 3PL … or 4PL? Determining Which Makes the Most Sense for Your Business: The supply chain is becoming more demanding, making it critical for shippers to select the right supply chain partners for their business.
Technology & Dangerous Goods Compliance
According to a Forrester survey, approximately 20% of retailers do not think they have the right technology or metrics to execute their omnichannel strategy. More than half (53%) of respondents had plans to invest in a new order management system (OMS) last year while 28% planned on spending on a warehouse management system.
In a recent article for Supply Chain Dive, Matt Leonard examined the need a modern OMS in order for businesses to effectively execute the omnichannel operations necessary to meet growing customer expectations.
According to Forrester’s Brendan Witcher, an OMS provides inventory visibility and order orchestration to enable profitable shipping or sourcing of items from multiple locations. And while organizations have needed WMS for years, omnichannel retail operations are now needed both a WMS and an OMS.
He states, “A WMS will manage the picking, packing and shipping within a warehouse. An OMS will route an order between where it’s placed and where it’s sourced. The OMS will make decisions on how to fulfill orders based on rules that system administrators can change. Some retailers might want to prioritize having all orders ship together while others will prioritize speed. Different priorities will mean different rules for the OMS to follow.”
But what about orders that have different regulatory requirements and compliance needs? Can certain items not be shipped together? How do these rules vary by country or mode of transportation? This is a reality for companies shipping any of the thousands of items classified as “hazardous.”
Navigating the evolving omnichannel landscape will continue to become even more challenging. And just as the need for both an OMS and WMS has increased, so too will the need for integrated DG compliance into your operations.
To learn more about dangerous goods software or how to establish a safer, more compliant supply chain, visit https://www.labelmaster.com.
Have questions about dangerous goods transport? Call the Labelmaster Regulatory Hotline at 1.800.621.5808.
Labelmaster’s Dangerous Goods Information System (DGIS) is the leading SaaS solution to help companies more efficiently and accurately manage their Dangerous Goods shipments. DGIS validates your Dangerous Goods shipment data against the latest regulations, ensuring a more efficient supply chain and reducing friction found in Dangerous Goods shipments. DGIS is a certified partner/validation solution with ERP, transportation and warehouse management systems.
