Forecasting Seasonal Surges Keeps Products on the Shelf
During busy retail periods, news of retail imports and spot transportation rates tends to grab all the attention. Less prominent, but more interesting, is the constant seasonal and promotional flux in domestic consumer packaged goods (CPG), and how manufacturers manage the resulting transportation surge. For CPG companies, seasonal volume typically represents one-third of annual shipments, […]
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Could New Fuel Efficiency Standards Lead to Transportation Cost Savings?
In February 2014, the Obama administration outlined plans for improving fuel efficiency and reducing greenhouse gas emissions for American trucks. To support this effort, the Environmental Protection Agency and U.S. Department of Transportation must set new standards for medium- and heavy-duty vehicles. The rules, which the agencies must issue by March 2016, will have ripple […]
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Why Every Manufacturer Needs a Reverse Logistics Solution
The average manufacturer spends nine to 14 percent of total sales on product returns each year, according to an Aberdeen Group study. Yet an estimated 45 percent of manufacturers do not have a reverse logistics solution. They rely on retail or wholesale partners to deal with customer returns, recalls, and seasonal overstocks. Until the mid-1990s, […]
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Panama: Leveraging Opportunities Beyond the Canal
It’s not only shipping lines, railroads, logistics service providers, and multinational firms that want to know to what extent the Panama Canal expansion project will affect business. Every company will be affected plenty, and must be prepared to modify existing distribution operations to reflect the changing world. Why will the Panama Canal expansion have such […]
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Innovation in Business Processes from Northwest Arkansas
Northwest Arkansas is a hotbed for innovations in supply chain management, the effects of which span the globe. Although some argue that various aspects of these innovations started elsewhere, they have, at the very least, been perfected and rolled out broadly in Northwest Arkansas. Though these innovations have been in areas of data science and […]
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Optimizing the Fashion Supply Chain
The debate in fashion over inventory as an asset or a liability may never see an end. Only a few years ago, the CEO of one the largest fashion retailers in the United States said, “I’d rather lose sales than carry (risky) inventory.” What an incredible statement. The head of a major retailer willing to […]
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Taking a Smarter Approach to WMS RFPs
To understand where request for proposals (RFPs) for warehouse management systems (WMS) often go wrong, imagine for a moment you are being interviewed for admission to your dream college. You try to demonstrate the specific reasons why you would be a great addition to that school. But instead of engaging in a friendly dialog, the […]
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How to Create a Forklift Safety Culture
You’re going to remember the time when you thought it wouldn’t happen to you. One of your industry contacts was telling you how they paid substantial OSHA fines for allowing operators to use forklifts even after the operators completed pre-use operational compliance checklists that showed the forklifts were non-compliant. The individual said he didn’t know […]
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