News / Flexport claims its data advantage can provide ‘opportunity in chaos’

first_img Flexport claims it has won business during the tariff war and Covid-19 crisis by making better use of data than larger rivals.“We like to say there’s opportunity in chaos,” said Sanne Manders, the forwarder’s chief operating officer, “because when there’s chaos your competitors are paralysed.“They are larger, bureaucratic organisations, not typically built on modern technology, and they don’t have all the data at their fingertips. So they have to start redesigning their business, and it just takes much longer.“For us, it is like flipping a switch and we’re in the new normal.”As an example, Mr Manders highlighted the tit-for-tat tariffs between the US and China.“When it went from a Tweet to a tariff, as policy is implemented these days, we were able to engage with our clients within hours,” he said at the Alcott Global Virtual Supply Chain Summit yesterday. “We let them understand what the consequences were for their portfolio of products.“But we heard from our clients that it took our competition days [to do the same], or they never reached out because it’s just too much data structuring, too much work to get it right, and that has translated to a lot of customer acquisition for us.”Furthermore, during the Covid-19 crisis and subsequent capacity crunch out of China, Mr Manders claimed Flexport’s use of data and ability to provide more reliable bookings brought rewards when space was tight.“On the ocean side, we’ve always spent a lot of time on allocation management, and predicting and booking reliably with the carrier,” he explained. “It’s pretty common to book 130% and you cancel 30%, so it’s very hard for carriers to manage in that world.“When there’s a lot of overcapacity, it’s not an issue. But when there’s peak season, or an artificial peak as we’re seeing right now, suddenly allocation management becomes extremely important.”Indeed, the large swathes of blank sailings this year has made rollovers rampant, with shippers claiming they’ve been “forced” into paying no-roll premiums to secure scheduled space.The situation has again brought the container shipping reliability debate to the fore, with Drewry claiming this week shipping lines are prioritising high-paying spot cargo, while providing less flexibility in capacity availability.“In our opinion, carriers are currently more focused on cost/capacity reductions, on raising state-backed loans and on self-preservation than on providing a reliable service,” Drewry said. By Sam Whelan 17/07/2020last_img read more

National Heroes Day – Message from Governor-General

first_imgRelatedNational Heroes Day – Message from Governor-General RelatedNational Heroes Day – Message from Governor-General National Heroes Day – Message from Governor-General Governor GeneralOctober 17, 2011 Happy Heroes Day Jamaica! FacebookTwitterWhatsAppEmail National Heritage Week provides an opportunity for us to reflect on the hard work, dedication and contribution which our National Heroes have made to nation-building.  At this time, it is therefore appropriate to ‘praise famous men and our fathers that begat us.’’ The resoluteness of our National Heroes in advancing the cause for fundamental rights such as freedom from enslavement, self-rule, property ownership and Independence, are achievements that have in their unique way formed part of the road map for national development.  As we celebrate their life, work and achievement for Jamaica, let us commit ourselves to building on their remarkable legacy. This week we are celebrating National Heritage Week under the theme “The Journey Continues.”  I believe that these celebrations should focus on raising public awareness and discourse on how best we can use the experiences of our past, our culture, traditions and the natural environment that nature has bequeathed to us, in essence those things that are right with Jamaica, to fix the things that are wrong with Jamaica. Many of the challenges we face are the result of social decay and a growing lack of disrespect for law and order and for each other.  It is born out of a change in the social dynamics where formerly every child belonged to the community and the village was collectively responsibly for raising the child.   Today children are without mentors and positive role models to guide their social and spiritual development. We know the effect that these challenges have had on our country.  Crime and violence, low GDP levels and an inability to adequately fund education, health and social renewal programmes are just some of the ways in which the country has been affected.  However,in spite of the obstacles and challenges, I believe there is a hero in all of us and that each one of us can make a difference in the transformation of Jamaica.  Heroism is an occupation in which we must all engage in our homes, schools, in our churches, workplaces and communities. Each of our National Heroes ‘have left a name behind, that their praises might be reported.’  We too must leave a legacy for Jamaica on which future generations can build.  Our ancestors faced many challenges along their portion of the journey, but they did not despair. The journey continuesandI encourage all Jamaicans to believe in themselves and use their God-given talents to build a better Jamaica.  RelatedNational Heroes Day – Message from Governor-General Advertisementslast_img read more

ATF Operators Association calls for delegated MoT testing

first_imgThe Authorised Testing Facility Operators Association (ATFOA) has stepped up its campaign for the immediate introduction of delegated MoT testing responsibility.DVSA has suspended heavy vehicle tests for up to three months because of the coronavirus COVID-19 pandemic. ATFOA has already voiced doubts that enough slots will be available to accommodate those that receive an extension on a timely basis.The Association is now urging its members to write to Secretary of State for Transport Grant Shapps asking him to authorise delegated heavy vehicle MoT testing. That will involve ATF staff, and not necessarily DVSA staff, undertaking MoTs.In a letter that it has encouraged members to use as a template, ATFOA says that ATFs already prepare vehicles and undertake PMIs to a standard higher than that required by an MoT, so they “can easily and competently start testing now.”The Association says that a prolonged period of closure for ATFs reduces the likelihood of them all reopening, further compromising capacity when the suspension is lifted. That, it adds, will lead to “a calamity” on top of the existing likely complications.Separately, it is understood that DVSA has agreed that PSVs in receipt of a prohibition and which are permitted to continue their journey can have the notice cleared by email. It will involve ensuring that all defects are rectified and providing an inspection report along with evidence that repairs have been carried out.last_img read more

NWFL Super 4: Bayelsa Queen Showdown Is ‘Final Before Final’ – Rivers Angels Coach…

first_imgRivers Angels FC head coach Edwin Okon has sounded a note of warning to his team as they prepare to rekindle their feisty rivalry with Bayelsa Queens in the season-ending Nigeria Women Football League (NWFL) Super 4 tournament at the Agege Township Stadium on Friday. Both teams go at each other in Friday’s 4pm kick-off for the chance to progress to the final of the tournament which will decide the champions of the 2018/2019 league season.Winners of the tie will square up against the victor in the day’s opening match between Adamawa Queens and Confluence Queens of Lokoja. With Bayelsa Queens having thumped the Jewels of Rivers 2-0 in their most recent encounter in the season-opening Champions Shield in Yenagoa, Okon speaking to the club’s media channel says the upcoming season-ending showdown with Bayelsa Queens will be ‘a final before the final’.The former head coach of Nigeria’s senior women’s national team said the nature of the competition means there are no “pushovers” in the tournament.“The Super 4 is a very big competition which rounds up events of the league for the year,” Okon said. “The four teams that qualified for the tournament are all good teams, there [are] no pushovers among them. So, as a coach of one of the top teams in this country, I am expecting a very good fight and very good matches from the four teams.”“The game with Bayelsa Queens is like a final before the final and it will be a very good, entertaining and sweet match which will make people know that the Nigerian Women league has come of age.” Download AudioRivers Angels are currently on a three-year title drought having last won the league in 2016 and following two subpar outings in the last two editions of the Super 4, Okon believes the time is ripe for his side to reacquaint themselves with the league title. “It’s been a while we last won a league title so it’s high time we got back to it,” he continued. “Having missed out on the title for two consecutive seasons, I can say that we are very hungry right now and need to feed ourselves,” the former Super Falcons handler said.  Winners of both games will proceed to the title-deciding match on Sunday while losers will contest the third-place playoff. Relatedlast_img read more

Keys to a More Reliable Project Cost Estimation

first_imgWhen money is tight, like it is now, every penny needs to go where you plan for it to go. Even the smallest miscalculation of a project’s costs can have a devastating, cascading effect if it soaks up money you needed for other purposes.Stretched loss prevention budgets put a premium on developing—and delivering to senior management—a project cost estimation that is:(1) comprehensive(2) well documented(3) accurate(4) credible.How can you ensure that estimations meet that lofty goal? Best practices developed by government researchers and shared by security and LP industry leaders can help. These tips may help you to assess the completeness of a project cost estimation, either when conducting your own estimate or evaluating the sufficiency of an estimate developed by a consultant or integrator.- Sponsor – 1. Comprehensive. The cost estimate should include all organization and contractor costs over the full life cycle of the program or project, from inception through design, development, deployment, and operation and maintenance to retirement. It should also provide sufficient detail to ensure that cost elements are neither omitted nor double-counted, and it should document all the ground rules and assumptions that underpin the estimate.Some questions:Are the cost estimate’s purpose and scope defined and documented? A life cycle cost estimate provides a structured accounting of all resources and associated cost elements required for developing, producing, deploying, and sustaining a program. It should include:(a) a level of detail consistent with the level of detail available for the program;(b) all applicable costs, including all past, present, and future costs for all program aspects; and(c) a defined scope for the estimate.Is the estimating structure determined? A work breakdown structure (WBS) is critical—defining the work elements needed to accomplish the loss prevention program objectives and the relationship among these elements. As an essential element for developing a life cycle cost estimate, the WBS should (a) examine in detail product-oriented elements so elements are neither omitted nor double-counted; (b) provide a standardized way for collecting data across the program; (c) be consistent across the cost estimate and project; (d) be updated as the program becomes better defined or changes; (e) define each work element and how it relates to others.Are ground rules and assumptions identified? Because some information will be unknown, cost estimates are bound by constraints, which include ground rules and assumptions. Identify: (a) risks associated with assumptions; (b) budget constraints; (c) inflation rates and their source; (d) dependencies on other organizational entities; (e) the effect on the estimate if assumptions are wrong; (f) items excluded from the estimate (with explanation); (f) the effect on cost and schedule if assumptions about technology are wrong.2. Well-documented. Your cost estimate should capture in writing items such as the source and significance of the data you use, your calculations, and your rationale for choosing a particular estimating method. Additionally, you should capture information used in the cost estimate so that you can trace the estimate back to, and verify it against, their sources. Finally, management needs to review, accept, and have confidence in your process for deriving the cost estimate.Some questions:Are program characteristics defined? Reliable estimates require understanding the key characteristics of the program/project, including documented requirements, purpose, technical characteristics, development plan, acquisition strategy, operational plan, and risk. The less such information is known, the more assumptions must be made, thus increasing the risk associated with the estimate.Are valid and useful historical data collected? Root your cost estimate in historical data. To ensure data usefulness, you should: (a) identify all cost drivers, such as wear and tear on surveillance cameras; (b) collect cost data for all cost drivers, documenting the source of data and assessing its reliability; (c) continually collect data so they are available for future use; (d) meet regularly with parties responsible for collecting/keeping cost data; (e) benchmark the data for reasonableness.Is the estimate documented? Document the cost estimating process, data sources, and methods, so that someone unfamiliar with the program could understand how it was derived. (a) Document actual costs to update the estimate; (b) describe the estimate in both narrative and cost tables, including an executive summary, introduction, and descriptions of methods; (c) break out data by WBS elements; (d) document the sensitivity analysis and risk and uncertainty analysis; (e) document estimate updates to reflect actual costs and changes.Was the estimate presented to management for approval? Prepare a briefing for management that contains enough detail to show that the estimate is accurate, complete, and reliable—and management should approve the estimate. A briefing should include: (a) an overview of the program’s technical foundation and objectives; (b) the life cycle cost estimate in time-phased constant-year dollars; (c) a discussion of ground rules and assumptions; (d) the method and process for each WBS cost element estimate including data sources, the results of sensitivity and risk/uncertainty analysis along with a confidence interval; (e) an affordability analysis based on funding and contingency reserves; (f) a discussion of any concerns or challenges; and (g) conclusions about the estimate’s reasonableness and recommendations for approval.3. Accurate. No matter how much you want to fund your new LP project, your cost estimate shouldn’t be overly conservative or optimistic. Among other things, it should be based on an assessment of most likely costs, adjusted properly for inflation, and validated against an independent cost estimate, if possible.In addition, you should update your estimate regularly to reflect changes in the project or program and to replace estimates with the true costs you encounter. Finally, you need to take steps to minimize mathematical errors and use actual costs from comparable projects to improve the odds that aspects of the projects are accurately estimated.Some questions:Was the point estimate developed and compared to an independent cost estimate? A point estimate represents the most likely estimate of costs given the underlying data, and thus it should be developed and validated. To accomplish this, (a) the WBS cost element estimates should be aggregated using a cost estimating method; (b) and the estimate should be checked for accuracy, double-counting, and omissions, and it should be validated against an independent cost estimate if possible.Is the estimate updated to reflect actual costs and changes? Update the cost estimate to ensure it is current. Specifically: (a) regularly update it to reflect relevant changes to the technical and program baseline; (b) replace a project cost estimation with actual cost when available; and (c) address lessons learned for elements whose actual costs differed from the estimate.4. Credible. A credible cost estimate will identify any limitations in the making of projections, such as uncertainty in the data used to make calculations. If you are forced to make major assumptions, then you should compute other outcomes to determine how sensitive the project cost estimation is to changes in the assumptions. In other words, if one of your major assumptions is wrong, is your cost estimate going to be way off? You need to identify risks to your cost estimate and the potential impact on the estimate if they occur.Some questions:Was a sensitivity analysis conducted? A sensitivity analysis examines the effects of changing assumptions and ground rules. To be useful, (a) the analysis should identify key cost drivers, and their parameters and assumptions should be examined; (b) the cost estimate should be redone by varying each parameter between its minimum and maximum range; (c) the analysis should be documented, and the re-estimate should be repeated for parameters associated with key cost drivers.Was a risk and uncertainty analysis conducted? A cost estimate is a prediction based on assumptions, constraints, and unknowns, so there is a risk that actual costs will differ. Risks and associated uncertainty should therefore be analyzed. (a) Model a probability distribution for each cost element’s uncertainty to identify risk; (b) assess relationships among cost elements to capture risk; (d) associate a probability with the point estimate; (e) recommend an amount of contingency reserves; (f) develop a risk-adjusted budget estimate, and identify the risks for mitigation; and (e) implement a plan jointly with the contractor for identifying, analyzing, mitigating, and tracking risks.This post was originally published in 2017 and was updated April 3, 2019. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox.  Sign up nowlast_img read more

Instagram expands shoppable organic posts to 8 more countries

first_imgLast year, Instagram launched shoppable organic posts for businesses in the US, giving brands the ability to add e-commerce links within their Instagram organic posts. Users can purchase without leaving the app.Today, the Facebook-owned photo and video app is expanding its shoppable experience for brands to eight more countries: the UK, France, Italy, Germany, Australia, Brazil, Canada and Spain.“With easy access to pricing and product details, shoppers can tap on a tagged post within their feeds or through the shop button on a business’s profile to take the next steps to learn more,” says Instagram.According to the company, about half of its daily active users in the US follow a shopping business account, and more than 200 million users visit one or more Instagram business profiles daily. Lulus, one of the brands that participated in the shoppable posts beta, says it has seen “tremendous” value and growth since testing began.“Since launch, shopping on Instagram can be directly attributed to over 1,200 orders and over 100,000 sessions,” says Lulus Vice President of Marketing Noelle Sandler. A marketing manager for the hair product company TYME says website traffic from Instagram has increased 44 percent since using the shoppable organic posts.Businesses can make their organic posts shoppable by tagging a product in the app in the same fashion as tagging a person in a photo.From our sponsors: Instagram expands shoppable organic posts to 8 more countries HomeDigital MarketingInstagram expands shoppable organic posts to 8 more countries Instagram expands shoppable organic posts to 8 more countriesYou are here: Posted on 20th March 2018Digital Marketing FacebookshareTwittertweetGoogle+share Related postsLytics now integrates with Google Marketing Platform to enable customer data-informed campaigns14th December 2019The California Consumer Privacy Act goes live in a few short weeks — Are you ready?14th December 2019ML 2019121313th December 2019Global email benchmark report finds email isn’t dead – it’s essential13th December 20192019 benchmark report: brand vs. non-brand traffic in Google Shopping12th December 2019Keep your LinkedIn advertising strategy focused in 202012th December 2019last_img read more

Arrest after car chase in north Columbia

first_imgOne man is in jail after a car chase in north Columbia.Police say the chase started when they served a search warrant at an apartment on Oakland Gravel Road near Lange Middle School on Tuesday. Joseph Luckett, 25, allegedly ran from the apartment to a car and took off.Spike strips slowed the car down off Smiley Lane on Gallant Fox Drive. Investigators say Luckett tried to run for it. A helicopter kept an eye on him until he was arrested.Luckett allegedly had two stolen guns and an ounce of heroin on him.(This story was last updated at 5:53 a.m. Wednesday.)last_img read more

US meddling into FIFA affairs to take 2018 WC away from Russia: Putin

first_imgRussian President Vladimir Putin says the United States is meddling in FIFA’s affairs in an attempt to take the 2018 World Cup away from his country.Putin said in televised comments Thursday that it is “odd” that the probe was launched at the request of US officials for crimes which do not involve its citizens and did not happen in the United States.In a separate probe, Swiss prosecutors are investigating the awarding of the 2018 World Cup to Russia and the 2022 tournament to Qatar.Putin described Wednesday’s pre-dawn arrests of seven soccer officials in Zurich as “yet another evident attempt to derail Mr. Blatter’s re-election as FIFA president.”Putin added he is aware of “the pressure” on Sepp Blatter for his support of Russia hosting the World Cup.Key sponsor Visa threatens to quitSepp Blatter is preparing for the FIFA presidential election with world soccer reeling from the arrest of key officials and a key sponsor threatening to quit the scandal-tainted organization.The FIFA Congress, which will see Blatter challenged by Prince Ali of Jordan for the presidency on Friday, is due to start later Thursday but European body UEFA is threatening a boycott.Visa became the first sponsor to warn that it could pull out of its FIFA contract, which is worth at least $25 million a year. The credit card company is demanding immediate steps by FIFA aimed at “rebuilding a culture with strong ethical practices in order to restore the reputation of the games for fans everywhere.””It is important that FIFA makes changes now, so that the focus remain(s) on these going forward,” Visa said in a statement. “Should FIFA fail to do so, we have informed them that we will reassess our sponsorship.”advertisementThe English Football Association, which has been at the forefront of opposition to Blatter for years, hopes other sponsors issue warnings as strident as Visa’s.”This is about one thing: How do you re-build the reputation of FIFA and turn it into an open, fair and honest organization with Blatter still at the helm,” FA chairman Greg Dyke said. “It will be interesting to see how many other sponsors come out and say things like that (Visa).”last_img read more

New-look India take fresh guard against improved Bangladesh

first_imgNew format and new captain in Virat Kohli as India take on an improved and fearless Bangladesh in the one-off Test match starting on Wednesday. This will be literally Kohli’s big test as full-time captain after MS Dhoni announced his retirement from Tests few months ago in Australia.During the Australia series, Kohli was filling in for an injured Dhoni but this Test will be completely different and all eyes would be on his tactical approach to the match. He too faces the dilemma of picking the right combination, will Kohli go in with five bowlers?India will start as favourites and looking at the head-to-head record, the visitors have won six out of seven Test matches. Bangladesh managed to draw one Test in Chittagong in 2007. But that is history now, Bangladesh are no more pushovers and on their day could upset any big teams like they pushed out England and entered the last stage of the World Cup.They followed it up by shocking Pakistan 3-0 in a ODI series and also drawing a Test against the same opposition. This particular performance of Bangladesh forced the Indian selectors to send their best team on the tour.  Bangladesh too have reasons to play their best cricket against India with the memories fresh of that ‘No-Ball’ in the World Cup quarterfinal, which robbed them off a fair chance for a win. However, Indian skipper Kohli in refence to that incident said that both teams have moved on.The Bangladesh bowling attack led by Rubel Hossain will have their task cut out against a formidable Indian batting line-up. If the track happens to be batting-friendly, India have the batsmen to post a big total. KL Rahul missing out due to illness is Shikhar Dhawan’s gain as the left-hander gets another chance to reclaim his opening spot after he was dropped in Sydney due to poor form. But after that Dhawan managed to bounce back with good outings at the World Cup and IPL.advertisementDhawan found it tough to handle the swing in England and Australia, but in sub-continent like conditions he should be more at home opening the innings. On the other hand, Murali Vijay after a brilliant England and Australia series would be looking for a big score. Cheteshwar Pujara and Rohit Sharma should be automatic choice, unless Kohli decides to attack with five bowlers.However, all eyes would be on Pujara who has returned from England after a successful county stint with Yorkshire and needs to be seen if he has corrected his technical flaws. Rohit’s one-day credentials are better than Tests but he would be a confident player after a successfull World Cup and leading his IPL team Mumbai Indians to glory.The spotlight will also be on comeback man Harbhajan Singh making his return to the national side after two years. India are most likely to pick him up along with R Ashwin looking at five to six left-handers in their line-up. Kohli might find it tough while deciding on the fast bowlers and going by his liking for more pace, Ishant Sharma, Umesh Yadav and Varun Aaron are most likely to find their names in the playing XI.For Bangladesh, Rubel Hossain’s comeback is good positive news but an injured Sahadat Hossain a matter of concern for the hosts. There are chances of Mushfiqur Rahim being relieved of wicketkeeping duties due to an injury to his finger during a training session, Litton Das may don the gloves. But the onus will be on senior players like Tamim Iqbal, Rahim and Shakib Al Hasan to lead the team by example against a tough and rather young Indian team.Teams (from):India: Virat Kohli (captain), Murali Vijay, Shikhar Dhawan, Ajinkya Rahane, Cheteshwar Pujara, Rohit Sharma, Wriddhiman Saha (wk), Harbhajan Singh, Ravichandran Ashwin, Varun Aaron, Umesh Yadav, Ishant Sharma, Karn Sharma, Bhuvneshwar Kumar.Bangladesh: Mushfiqur Rahim (captain), Tamim Iqbal, Abul Hasan, Imrul Kayes, Jubair Hossain, Litton Das, Mohammad Shahid, Mominul Haque, Nasir Hossain, Rubel Hossain, Shakib Al Hasan, Shuvagata Hom, Soumya Sarkar, Taijul Islam, Mahmudullah.last_img read more