5 Issues to Consider Before Selecting Your Next Site
For companies evaluating prospective manufacturing sites, transportation cost and service considerations are paramount. Here are five critical supply chain issues businesses must consider when evaluating sites for expansion or relocation. Fuel costs. The price of U.S. diesel fuel has remained higher than $3 per gallon for more than three years, with no sign of dropping. […]
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Lean Retail: It’s About Time – and Money
Thanks to forward-thinking retailers such as Walmart and OfficeMax, Lean thinking is spreading in a variety of manufacturing sectors, including consumer goods, apparel, and food and beverage. These retailers have dramatically changed how products are ordered, moving inventory rapidly through their distribution centers to stores by gathering and sharing point-of-sale data with suppliers, and using […]
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Best-in-Class Supply Chains Won’t Overlook Freight Payment
As a shipping professional, you play an important role in your company’s physical supply chain. But did you know your role is just as important to your company’s financial supply chain? In today’s global supply chains, encompassing multiple transportation and financial partners, all stakeholders need visibility into transactions, parameters and results of the financial supply […]
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Global Logistics—June 2014
Light at the End Of the Chunnel UK and continental shippers can expect a price reprieve after Eurotunnel announced plans to reduce freight rates through the Channel tunnel. The move comes after the European Commission began legal action to reduce charges and increase traffic. Paris-based Eurotunnel, which operates trains through the tunnel, will cut tariffs […]
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Trends—June 2014
Panama Canal Countdown: Port of Los Angeles Goes Big With the completion of the Panama Canal project just around the corner, conjecture about how the expansion will affect shipping patterns continues. East Coast ports and players are bullish. Elsewhere, opinions are more muted. The Panama Canal is making a loud impact, however, on the Port […]
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Senthil Arumugam: Building a Better Way
Senthil Arumugam is vice president of logistics and inventory management at US LBM Holdings, in Buffalo Grove, Ill. He has held this position since 2012. Responsibilities: Benchmarking best practices, implementing technology, consulting on supply chain and continuous improvement, developing mobile applications. Experience: Lean materials coordinator, Alliance Laundry Systems; senior Lean consultant, Caledonia Group; director, logistics […]
Read MoreImplementing an ERP System
Using an enterprise resource planning (ERP) system can significantly enhance supply chain management performance by improving purchasing, inventory control, and information exchange between internal departments, as well as external partners. Mark Butler, manager of professional services at software solutions provider Cincom Systems, offers these insights on implementing an ERP system. 1. Understand your current system’s […]
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Reaching for the Stars
The United States is challenged by a lack of skilled and technical workers. Some claim widespread offshoring created a generation of job attrition and lost experience. But offshoring is only a symptom of the real problem. Previously, the U.S. education system failed to see and appreciate the true worth of blue- and gray-collar workers, and […]
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Technology Convergence of Forces Offers Improvements for Logistics Sector
A convergence of technology trends is transforming the logistics sector, creating enormous opportunities to operate more safely, efficiently, and competitively. Technology research firm Gartner describes what’s happening in business and our society in general as a nexus of technology and human forces: Social – the technology linkage between people, and the connectivity that enables work […]
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Fight Inventory Pain Points
We’ve all experienced inventory management pains. Inaccurate inventory counts that cause mishaps, delays because of inaccuracy resulting in dissatisfied customers, costly end-of-year write-offs, and wasted time spent looking for lost inventory, are the most common pain points sited by businesses. While all these things can happen, the best part is, they don’t have to. There’s […]
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