Articles
Checking In
Less is Less and Less is More
Two important trends will impact your warehouse operations in the near term. First, retailers will seek to trim inventory even further to increase profits without reducing customer service standards. Wal-Mart, for example, recently announced its intention to cut $6.5 billion in inventory off an already lean 2:1 inventory-to-sales ratio. The goal? “Theoretical Zero Inventory.” The […]
Read MoreStakeholders Share New Value
The CEO of Procter & Gamble, A.G. Lafley, does not talk much about shareholders; instead he talks about “stakeholders.” I wondered precisely what he meant, so I did a little online research. The original meaning of the word stakeholder was a person who holds money while its owner is being determined—a trustee for a minor, […]
Read MoreLessons From the Neanderthals
What do global trade, cavemen, and a TV commercial have in common? Stay with me. Did you catch the FedEx ad about a caveman using Brand X Pterosaur to ship an important stick? Instant classic! The commercial humorously shows that good transportation was as important then as it is now. Oddly enough, new research by […]
Read MoreLearning for Earnings
When this magazine made its commitment to logistics education in 1990, few undergraduate or graduate logistics studies programs were available. That is not the case today. Logistics undergraduate, post-graduate, and continuing education programs have expanded a hundredfold. MIT, for example, has seen an application growth of 20 percent annually over the last five years, reports […]
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Marking Our First Quarter Century
25 years is a long time to be doing anything. That’s why we recognize anniversaries, sometimes with cards like the one marking Inbound Logistics’ 25th year.You’ll find it in the front of this magazine. Looking at that card, and reading its sentiments, took me on a trip down memory lane, back to our first issue. […]
Read MoreMore Goes In So You Can Get More Out
Most magazines are designed to be read. The Logistics Planner issue is also designed to be used—again and again. The Planner—and its complementary digital and web profiles—help you find and source the solutions you need to be a true supply chain innovator. Many readers tell us they read the Planner profiles from A to Z […]
Read MoreEnvironmentalists: ‘It’s My Way, Not the Highway’
When it comes to balancing environmental concerns with the need to improve and expand the U.S. transport infrastructure, there is a right way and there is a wrong way. Take California, for example. While Governor Schwarzenegger was traveling in China on a mission to forge more trading opportunities, I was touring the part of his […]
Read MoreDiversifying 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, […]
Read MoreSupply Chain Security: Fact vs. Fiction
Man has always been intrigued by transmutation—transforming one element into another. In days of old, we tried changing lead into gold. Today, some are trying to convert the public’s fear of supply chain vulnerabilities into political currency, or solid gold votes. While concern is warranted, some choose to grandstand by floating obviously impossible solutions against […]
Read MoreWhatever the Obstacle, Truckers Come Through
While covering this industry for more than 20 years, I’ve learned a lot about the people who work in logistics and transportation. One thing that consistently stands out is their passion and dedication to moving our nation’s freight—and economy—forward. This passion and dedication became apparent yet again as we watched Hurricane Katrina play out. The […]
Read MoreMore Lift, Less Drag
There is an inexplicable failure on the part of many in Washington, D.C., to understand that airlines are in business to make money, according to Air Transport Association of America President James May. May’s recent comments to The Wings Club of New York piqued my interest as I sometimes get the impression that our airline […]
Read MoreHere Comes the Judge; There Goes Your Business
Judicial activism impacts all business. Not content to legislate from the bench on social issues, the courts have now gone off the legal reservation and applied the activist and collectivist bias to business, your business. Whether or not you agree with the results of an activist decision is not the point. The point is that […]
Read MoreFollowing the Retail Trail
Where consumer demand goes, retailers follow. They’ve progressed in tune and in time with customer needs—from the general stores of the Old West, to turn-of-the-century catalogers, to urban centers and department stores, to suburban shopping malls, and now to web retailing. As the fight for customers grows increasingly more competitive, retailers seek any logistics advantage […]
Read MoreWhen Good Warehouses Go Bad
“Our revenues and earnings were negatively affected by the January implementation of our new Warehouse Management System. Revenues were down approximately six percent compared to the first quarter of 2004. During the latter half of January, and through the month of February, we experienced significant difficulty in shipping customer orders. As a result, sales for […]
Read MoreStick to the Core When Playing IT Pong
Do any of you old-timers recall the first Atari video game, Pong? It was the only video game in the world back then. You just hit a video puck back and forth, forth and back, no matter how long you played it. One reader told us that evaluating the myriad logistics IT choices sometimes feels […]
Read MoreFlying Under the Global Radar
Earlier this month, billionaire entrepreneur Richard Branson’s Virgin Atlantic GlobalFlyer completed the first round-the-world flight in 67 hours, two minutes, and 38 seconds. Four days later, and to considerably less fanfare but arguably greater importance, Boeing’s 777-200 LR Worldliner, the longest-range commercial airplane in the world, completed a three-hour test flight from Everett, Wash., to […]
Read MorePower to Our People
Have you seen Wal-Mart’s new supply chain commercial yet? It’s exciting for this industry because it builds on what UPS started with its “What can Brown do for you?” ad campaign: an attempt to make consumers more aware of the complex logistics behind everyday purchases. The commercial starts with a two-liter bottle of ginger ale […]
Read MoreBuilding a Better Mousetrap (Felecia Stratton)
Striving to build a better logistics mousetrap—changing and tuning your process to balance competing demands within your supply chain system—is a tough game. It requires skill and split-second timing to orchestrate ever-morphing variables to exceed your logistics goals. And it is growing increasingly difficult. But stasis is not an option. Not with growing and changing […]
Read MoreTipping Point, Again? (Keith Biondo)
We are at a tipping point in terms of America’s ability to compete globally. Go one way and we can expand our economic growth and leverage the trend toward globalization. Go the other and we may reach a point where others drive the well-being of our economy and workers. And if it is now true […]
Read MoreOuter Limits
“We’ve reached the limit of what our grandfathers invested in infrastructure.” So says one top rail executive. If you manage supply lines originating overseas, you already know that port and intermodal capacity are sorely strained. An unexpected uptick in imports caused many to come up holding the short end of the intermodal capacity stick. Worse, […]
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