Automating Key Steps to Strategically Optimize Inbound Supply Chains
The increasing growth and complexity of global trade means organizations must work with a range of partners, suppliers and functional teams within the organization. Best in class companies use a variety of global trade automation tools to lower inbound costs and improve processes. According to a recent AberdeenGroup report, "Strategic Inbound Optimization: Foreign Trade Zones […]
Read MoreAccess to Reliable Transportation Regardless of Transportation Market Conditions
Over the past 25 years I’ve been in Supply Chain, I’ve come to the realization transportation rates are difficult to forecast due to elastic variables (perceived or real) in the supply chain. Depending upon your role and point of view, rates could increase by low single digits or double digits over the next year. You […]
Read MoreInvest in Productivity
Start with what I consider low-hanging fruit—any investment in productivity that pays for itself in less than one year. Think about that return: 100 percent in one year. If you bought a portfolio of stocks and it went up 15 percent in one year, you would be a savvy investor. Earn 20 to 30 percent, […]
Read MoreFusing Big Data and the Supply Chain: The Future is NOW
Only 8% of shippers and 5% of 3PLs surveyed have implemented Big Data initiatives involving the supply chain, according to the 2014 18th Annual Third-Party Logistics Study produced by Dr. C. John Langley and Capgemini Consulting. Conversely, nearly all shippers and third-party logistics providers believe Big Data is vital in future 3PL efforts to help […]
Read MorePlan Better Truck Routes: Long-range Itinerary Generation Enhances Operations
Not so long ago, route planning, fleet optimization, and driver allocation relied almost exclusively on the guile, instincts, and experience of operations managers and dispatch personnel. Long-range forecasting was theoretical at best. The tools used static data, and couldn’t handle the inevitable adjustments required by the dynamics of day-to-day operations. This is changing fast. While […]
Read MoreGlobal Logistics—April 2014
U.S. Creates ‘Single Window’ for Import/Export Data Transmission The U.S. government has always been light years behind the private sector in technology innovation and implementation. So President Barack Obama’s executive order to streamline U.S. import and export documentation shines a ray of light on the trade community as the government emerges from the Dark Ages […]
Read MoreTrends—April 2014
Shopping for Retail Trends The National Retail Federation (NRF) drew a record 30,000-plus attendees to its January 2014 BIG Apple Conference to "touch and feel" the latest hot trends and innovations in the retail industry. For some attendees, like Mark Ledbetter, global vice president for SAP Retail, the reality is even more compelling. Ledbetter, who […]
Read MoreBob Kalland Knows the Drill
Bob Kalland is inventory and logistics manager for Atlas Copco Mining and Rock (MR) Excavation, located in Commerce City, Colo. The company is a unit of Atlas Copco, a Swedish manufacturer of industrial tooling and equipment. He has held this position since 2011. Responsibilities: Managing all inventory and logistics for the MR business. Experience: Inventory […]
Read MoreTapping Social Media to Power Your Supply Chain
Social media provides a platform for companies to share knowledge and opinions, and broadcast information to an audience of followers. It also generates valuable data about how your customers think, shop, vote, and spend their leisure time. Many companies have jumped into social media to improve supply chain operations. Cindi Hane, vice president of technical […]
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