Archive: Nov 2005

Getting Started With RFID

While bar codes took more than 25 years to evolve, RFID is being adopted quickly in the marketplace. By 2007, RFID technology budgets will double, RFID tag purchases will reach 1.6 billion, and 83 percent of today’s pilots will convert to full-scale implementations, predicts Accenture’s global management consulting and technology team. In a 2005 interview […]

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William J. Augello, Esq.

Getting Time Limits on Your Side

Shippers are familiar with the rule that they must file claims against carriers in writing within the time limits defined in carriers’ bills of lading or tariffs, or in government statutes or treaties. But rules have exceptions. The Carmack Amendment, for example, states that a motor carrier, freight forwarder, or railroad may not limit the […]

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Does RFID Pass the Return on Assets Test?

Proponents rarely discuss RFID without claiming dramatic inventory savings. These savings, however, require businesses to invest in RFID and wait to reap returns. When evaluating investments—such as RFID—aimed at reducing inventory and working capital, consider the impact on Return on Assets (ROA), a proven indicator of an investment’s financial impact. ROA is calculated as revenue […]

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Freight Damage Claims: Know, Act, Reap

The Latin phrase Ipsa Scientia Potestas Est may be the most quoted maxim of our information age—knowledge is power. In business we use the “knowledge is power” principle to shape our decisions so we can reap positive long-term rewards. One unsung area where properly applied knowledge yields power is comprehensive management of the freight damage […]

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A Ready-Mix Transport Solution

Chemical manufacturer Degussa cements its partnership with a bulk transport provider so it can focus on its core business, meet safety requirements, reduce billing cycle time, and improve customer service.

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Diversifying Your Supply Chain Portfolio

Diversification is a sound strategy for investors and logisticians alike. Just as those skilled in arbitrage hedge investments to mitigate risk and allow for modest portfolio growth by taking advantage of small value increases in other areas, supply chain practitioners diversify their proprietary and outsourced logistics assets—abroad and at home—to lay off risk, reduce costs, […]

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Inventory Velocity: All the Right Moves

The need for speed is clear to retailers, manufacturers, and distributors—especially at this time of year. How are companies speeding their freight and inventory to meet customer demands? By collaborating with technology firms and outside logistics experts to gain greater visibility into the supply chain, increase inventory turns, and get the right products to the right place at the right time.

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High Speed Pursuits: Moving Products Faster and Cheaper

A shift is taking place in expedited shipping. While air shipments once reigned supreme—and still do for import and export goods—for domestic expedited cargo, ground transport is catching up. To cut costs and still meet customer demand, savvy shippers incorporate expedited service into their overall transport strategy, making ground a viable expedited option.

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Track to the Future

Innovations in web-based communication technologies, global positioning systems, and equipment are taking freight railroads into a new era.

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