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Lowering supply chain carbon emissions with advanced data capabilities

In a world where sustainability has become a staple concern, consumers are looking to businesses to lower their carbon emissions. As 23% of total greenhouse gas emissions are a result of transportation, starting with your supply chain is the perfect opportunity to become more sustainable. But in a complex market, how can you lower carbon emissions and how can you monitor your success?

Enhancing your supply chain data capabilities can give you a holistic view of your carbon footprint and provide you with the data you need to make improvements.

Carbon data can benefit carbon reduction strategies

Continuous tracking of data can help you to establish a baseline of your carbon output, making it easier to identify causes of higher emissions. This also helps you to understand where you are and identify how to get to your sustainability goal. With carbon data, you can define strategies for reducing emissions without compromising the performance of your supply chain. Some strategies could include:

  • Consolidation of shipments
  • Optimisation of low-carbon routes
  • Reduction of dwell time

Extracting quality data helps you to action strategies

A platform that aligns with globally-recognised methodologies such as GLEC framework and ICAO, provides you with accurate and reliable carbon emissions measurements. When you can trust the data, you can confidently make informed decisions to maintain supply chain success while working towards sustainability goals. You can also ensure that you are in accordance with established standards such as GHG Protocol and ISO 14000.

CO2 measurement allows you to make smarter decisions

By aggregating emissions data to provide CO2 measurements across every trade lane, supplier and product, you have full visibility over carbon emissions per shipment. This allows you to:

  • Reduce carbon emissions
  • Monitor sustainability goals
  • Make data-driven decisions.

Advanced platforms, such as Zencargo’s, provide you with these data capabilities to make better, more sustainable choices.

To find out more about how you can use data to lower carbon emissions and meet your sustainability goals, join Zencargo experts and leading supply chain professionals at Navigate Smarter on Thursday 28th April 2-5pm BST.

How to mitigate carbon emissions in your supply chain

By Zencargo

We have now entered the ‘decisive decade’ and it is time for companies to take sustainable action now. To avoid global temperature rises of above 1.5°C, CO2 emissions need to reach net zero by 2050 and to be cut in half within the next decade.  

The aftermath of COP26 has prompted governments to make climate pledges, and taught businesses and consumers all over the world that sustainability is essential in order to create a resilient future. Companies are beginning to create change by aligning their business goals to sustainable frameworks such as the UN Sustainable Development Goals and the Paris Climate Agreement. 

A recent survey by the United Nations shows that companies rank supply chains as the biggest challenge to improve their sustainability performance. But after such a volatile year for the supply chain industry, tackling another major challenge may be quite daunting. However, businesses can use this an opportunity to create resilience in their supply chains. 

Recognising the potential sustainability can bring to supply chains, we have created a ‘How To’ guide on ‘Cutting CO2 from the supply chain’.

From addressing the challenges and identifying the opportunities, this guide walks through:

  • Why cutting carbon emissions makes commercial sense
  • How stakeholders through the business can benefit
  • Creating the foundations of a sustainable supply chain
  • How business can create an action plan to cut carbon emissions

To find out how you can start to build your sustainable supply chain today, click here to download the guide.

Why your supply chain needs a dynamic cost model

By Zencargo

The last 18 months have seen the freight market at its most turbulent — and expensive — in living memory.  While most shippers know that they’re paying more, monitoring exactly how much more and how it affects profitability remains a challenge.

However, by moving to a dynamic cost model, logistics managers can adapt to market changes both quickly and strategically. Here are a few reasons why you should consider building one.

Costs are more unpredictable than ever

In a fluid freight market, total landed costs can vary from shipment to shipment, week to week or even day to day.

For example, additional sources of unplanned-for costs include:

  • Addition surcharges (PSS, GRI, Equipment Fees, Congestion Fees)
  • D&D charges from congested ports and delays with collection
  • Fluctuating haulage and trucking rates

Shippers need to manage profitability in real time

Decisions over what cargo to move, what to hold and what to expedite now need to be taken on a SKU by SKU basis.

That’s because cost variability means a profitable shipment in one month may become a loss-maker in the next, even with the same goods, in the same size container, on the same route and carriers. Especially in recent months, freight, storage, D&D and transport surcharges have varied significantly.

Without visibility over these elements, logistics teams lack the right information to see when an item becomes overall unprofitable, risking losses that won’t be apparent for months.

Building good data foundations gives you a long-term advantage

Once you have designed and built your model, you’ll be set up to measure progress and pinpoint key areas to reduce costs and improve performance.

Other opportunities might include:

  • Being able to hold suppliers accountable for hitting cargo ready dates
  • Reducing dwell times at node points to control extra charges
  • Keeping all the players across your supply chain informed

Ultimately, building a flexible model can help you to manage a lot of problems with one set of numbers.

For a step-by-step walkthrough on how to build your model, download Zencargo’s Cost Visibility handbook now.

Join Navigate Beyond today, the virtual conference for supply chain professionals

This afternoon, digital freight forwarder & logistics provider, Zencargo, is hosting its bi-annual virtual conference, Navigate Beyond, providing actionable insights to professionals in the supply chain industry. 

Supply chains have suffered through turmoil over the past 2 years with inflated rates, bottleneck delays and increasing demand from consumers. These current problems cannot be solved with short-term solutions. It is essential, therefore, for businesses to look beyond the norm and rethink their long-term vision.  

To tackle the supply chain issues, Navigate will be split up into sessions, featuring expert speakers across various industries. The theme of this event is ‘Navigate Beyond’: how professionals can look beyond the next few months, operate beyond the basics and adopt alternative ways to work beyond the norm. 

The sessions will cover a wide spectrum of supply chain topics including:

  • A Supply Chain Perfect Storm: Why Now Is the Time to Act to Create the Supply Chain of the Future 
  • Making Sustainable Supply Chains a Reality
  • Reality and Route Forward: The Next Year in Brexit Customs and VAT Changes
  • What’s the Future of the Supply Chain Function?
  • What Else Might We See from the Ocean Market?

Each session will provide top level insights from industry experts such as:

  • Stuart Higgins, Partner (Consumer Goods and Retail) at BearingPoint
  • Luke Kerr, Supply Chain Director at Solent Group
  • Paul Casey, Director (Indirect Tax) at KPMG
  • Catherine Weetman, Director at Rethink Global
  • Lorenzo Rosetti, Director (Trade & Customs) at KPMG
  • Lucy Harding, Partner and Global Head of Practice, Procurement & Supply Chain at Odgers Berndtson
  • Patrik Berglund, CEO and Co-Founder at Xeneta 

Join Navigate Beyond today at 2-5pm GMT and register here

Plotting a path out of disruption that leaves businesses stronger

Constant phone calls and emails looking for space. Trying, or failing, to secure rates that preserve a level of margin. Last minute changes and blanked sailings. These were the daily challenges facing supply chain professionals shared at a forum hosted by Zencargo and B2G Consulting in July.

In response, the two organisations have produced a new roadmap for supply chain transformation Beyond Firefighting: How to start the journey out of supply chain chaos.

This new guide gives supply chain teams the questions, structures and techniques they need to to make a case for fundamental supply chain change within their organisations. And the need for change could not be more urgent.

With current volatility set to last until at least after Chinese New Year in 2022, it’s essential to think of a new way of working. However, leadership at some businesses still seem unwilling to make improving their supply chain a priority.

Moving past the way things are right now requires a whole-business approach, from sales prioritisation to financial planning. For companies that hadn’t already embarked on a supply chain transformation, this is the ideal moment to start making the supply chain more efficient, more resilient, and more fit for purpose. And for those who had already started, it’s time to redouble those efforts, rather than putting them to one side in order to tackle daily fires. 

Bringing about organisational change has to start with, and be led by, supply chain teams. As the experts within the business, it’s down to logistics and commercial professionals to build a case for change and lead the business forward. 

This guide walks you through:

  • Finding a ‘burning issue’ to engage senior management
  • Building a data-led case for change 
  • Packing your arguments to take root internally and drive change 

To find out more about the guide and to start making a difference, click here to download the roadmap.

WEBINAR: Retail profitability the focus of new event collaboration between Zencargo and Bis Henderson

Retail margins are under increasing threat from soaring freight rates, poor carrier reliability and fluctuating demand. In response, Zencargo, the digital freight forwarder has announced a new online forum to analyse end-to-end retail profitability.

Scheduled for 14:00 on the 12th August, Guarding profitability through disruption: the retailers guide is being delivered in collaboration with Louisa Hosegood, of global supply chain consultancy Bis Henderson, who formerly held senior logistic roles within Marks and Spencer and John Lewis.

The online event comes in response to the unprecedented disruption in ocean and air freight that threatens the profitability, and even the survival, of many businesses. The event’s moderator, and Zencargo co-founder and CCO, Richard Fattal explains:

“The rules have completely changed, and every business needs to be keeping an eye on their bottom line profitability. It’s not just about logistics teams any more – finance, sales and data teams need to be working together to create joined up decision making that works for the whole business.”

“The changes in logistics, commercial environment and social habits formed in the last 18 months will have long-lasting consequences. Consumers will be voting with their wallets based on new values, higher expectations and evolving ways of living and working. The businesses that can adapt to these changes are the ones that will be able to maintain and grow profits.”

The topics under discussion include:

  • Analysing and comparing the commercial environment of 2021 with recent years
  • Managing customer expectations through uncertainty
  • Calculating landed costs of goods in a volatile environment
  • Updating planning and execution strategies to maximise flexibility and profit.

To read more about the webinar and to register, click here and save your place.

Zencargo announces online event to address the new world of peak rates

As freight rates from Asia to Europe pass the $20,000 per 40ft mark, Zencargo, the digital freight forwarder has announced a new online forum to discuss what shippers can do to manage disruption in their supply chains. 

Scheduled for 14:00 on the 8th July, Surviving Peak Freight is being delivered in collaboration with Lars Jensen, global shipping advisor and CEO of Vespucci Maritime, an ocean freight consultancy.

The online event comes in response to the unprecedented disruption currently shaking ocean freight, where rates are at an all time high, while reliability is at an all time low. Experts now warn that conditions will be disrupted to some extent until H2 2022. In this scenario, the question is no longer ‘When will things get back to normal?’ but ‘What can I do to survive right now?’.

While options for shippers are limited, there are opportunities to manage disruption by planning ahead, collaborating with suppliers and being strategic in modal prioritisation according to shipment value and urgency. This event will explore these strategies, as well as shining a light on what shippers can expect through the rest of the year and into 2022, including: 

  • What we can learn from the current ‘perfect storm’ of rates
  • How to plan for costs in a volatile market
  • Scenario planning for different lengths of disruption
  • Strategies to manage spend at scale

To read more about the webinar and to register, click here and save your place.

Navigate 2021, the new supply chain event is now live

Zencargo, the digital freight forwarder has announced the arrival of a new, summit-style supply chain event, Navigate.

Scheduled for 14:00 to 17:15 BST on the 13th May, Navigate brings together supply chain leaders from across the industry – from shipping to transportation to technology – to discuss how businesses can navigate through change, which is the theme for Navigate 2021. 

Already scheduled to speak are Patrik Berglund, the CEO of rates benchmarking platform Xeneta, John Urban, the founder of GT Nexus, one of the original control tower solutions, and Mark Taylor, managing director of Britannia Bureau, a consultancy specialising in customs and Brexit.

After a year of large scale disruption from the pandemic, Brexit and the volatility of the freight market, the event looks toward the longer-term impact of those changes. Speakers at Navigate will also be discussing organisational change, including how to make transformation projects actually happen, with advice from businesses who have had success in implementing new projects within their supply chain.

“Change is inevitable,” says Richard Fattal, chief commercial officer at Zencargo. “In supply chain, that has always been true, but this past year has underscored that being ready for change – and having the agility in your supply chain to deal with it – is non-negotiable.”

Also on the line-up is Lars Jensen, CEO of Vespucci Maritime. After spending twenty years working with shipping lines, most extensively at Maersk, he joins Navigate to discuss the relationship between carriers and shippers moving forward, from the more controlled command of supply and demand that carriers have learned in recent months, to the change in contractual relationships between parties – and what impact that has on supply planning.

John Urban, the founder of GT Nexus, will be in discussion with Tamir Strauss, the chief product and technology officer of Zencargo, to discuss how technology can help logistics teams embed positive transformation at the heart of their supply chain, whether that’s by standardising processes or simply automating exception management.

With hundreds of supply chain practitioners expected to attend, Navigate offers the opportunity to take the pulse of the logistics profession, and share your experiences, and learn from others in the field. 

To read more about the sessions planned and register to attend, visit navigate.zencargo.com.

WEBINAR REWIND: Managing cost volatility with forecasting – a practical roadmap with SLG Brands

Don’t worry if you missed last week’s essential webinar from Zencargo – You can now re-watch the entire session online!

With global shipping costs inflated to unprecedented highs, getting a total view of the costs of your supply chain has never been more important for a business.

In this webinar, SLG Brands’ Devinder Chana (Director of Supply Chain) and Guy Melbourne (Head of Logistics) explain exactly how they have tackled their forecasting project, and how you can do the same.

Together with Zencargo’s Scott Irvine, Devinder and Guy cover:

  • Why SLG wanted to implement better PO management and cost forecasting
  • What you need to get started on your path to better cost visibility
  • The main stages in your forecasting roadmap
  • The advice they would give to other businesses that are expanding their forecasting ability

Click Here To Watch On-Demand

WEBINAR: Managing cost volatility with forecasting – a practical roadmap with SLG Brands

By Zencargo

With global shipping costs inflated to unprecedented highs, getting a total view of the costs of your supply chain has never been more important for a business.

In fact, in a recent roundtable of 25 supply chain leaders[1], 56% said that ‘improving overall data quality for more informed decisions’ was the one approach that would make the most impact on their business.

But building out a forecasting process that delivers results takes time – not to mention the PO management foundations you need to lay before you even start to implement forecasting. To make implementation as smooth as possible, you need a roadmap.

Over the last six months, SLG Brands, the company behind some of the high street’s most fashionable beauty brands,has undertaken extensive work around PO management, as well as forecasting freight spend and container usage – all of which has helped to manage a lot of risk and uncertainty. 

In this upcoming webinar, Devinder Chana, SLG’s Director of Supply Chain, explains to Zencargo’s Scott Irvine exactly how they are tackling their forecasting project: from planning the project to focusing on data health.

In the webinar, Scott and Devinder will cover:

  • Why SLG wanted to implement better PO management and cost forecasting
  • What you need to get started on your path to better cost visibility
  • The main stages in your forecasting roadmap
  • The advice Devinder would give to other businesses that are expanding their forecasting ability

If you’re looking to cut the risk of cost volatility, make sure you book your place now.