Articles
Commentary
Four Ways to Optimize Your Supply Chain
Supply chain optimization techniques, if leveraged properly, can help companies achieve their strategic business objectives, drive significant reductions in operating costs, and make informed cross functional decisions in complex scenarios. This comprehensive approach helps find the right balance between minimizing costs and meeting business constraints and strategic goals. The following four primary techniques can help […]
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Welcome to the Neo-Panamax Era: Big Ships, Big Opportunities
The arrival of the cargo vessel T. Roosevelt at Port Elizabeth, New Jersey, in September 2017, marked the beginning of a new era for international commerce and trade. At 14,414 TEUs, four times longer than a football field, T. Roosevelt was the largest vessel to dock at an East Coast port after traversing the widened […]
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5 Ways Your 3PL Can Help Meet E-commerce Challenges
With unlimited e-commerce potential on the horizon, it is worth exploring if an experienced third-party logistics (3PL) provider can help you accommodate growth and ensure an optimal customer experience. If you’ve just launched your e-commerce channel or are striving to make that channel more seamless, scalable, and cost-effective, an experienced 3PL can be a valuable […]
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Peak Season Planning: A Year-Round Venture
It’s never too early to start planning for peak season supply chain capacity. To meet customer demand at a reasonable cost, it is best to plan ahead as much as possible with a lean, flexible supply chain. Many retailers do an inordinate volume of business—some as high as 70 percent—from Black Friday until the end […]
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How to Prepare for the Unexpected
Disruptions are part of our world. Weather, labor strikes, materials shortages, and demand spikes or valleys are simply part of doing business. High-performing supply chain organizations are differentiated on how well they respond to the unexpected. Moments when things don’t go well should remind anyone involved in the intricate and complex supply chain process to […]
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Status Quo? No.
The coming year is destined to be one of some major and minor changes in business operations. Given your role in logistics, you will face a perfect storm of new. Here are some events and trends that will drive change and the need to think flexibly and laterally, and adapt operations accordingly. Domestic trucking capacity […]
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CX in the Era of Supply Chain Impatience
Whether your customer is the end consumer or B2B buyer, supply chain and customer service performance expectations are converging. Providing an excellent customer experience (CX) requires super-expedited and sometimes free delivery. E-commerce customers increasingly choose to pay for same-day delivery, according to a DHL survey. Here at Inbound Logistics, we call that supply chain impatience […]
Read MoreGOOD QUESTION | What’s the difference between supply chain visibility and transparency?
Supply chain visibility is what you actually know; transparency is what you are willing to share with your partners. Don’t assume a supplier or customer is deliberately obscuring information when, in fact, they don’t have that information in the first place. Amy David Clinical Assistant Professor of Management Purdue University Krannert School of Management It’s […]
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Building Visibility, Response, Resiliency
Chief supply chain officers (CSCO) are tasked with a range of challenging issues when it comes to managing a company’s product supply chain. To maximize productivity and efficiency, the CSCO should consider visibility, response, and resiliency the most important aspects of supply chain management. Digital transformation is underway in supply chain management and it is […]
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How to Navigate the Driver Shortage
The industry’s driver shortage is no secret. About 100,000 seats need to be filled at a time when the pipeline for new drivers is getting thinner. But what’s the practical impact on shippers as this shortage gets worse? In short, it won’t be pretty. Tighter capacity will lead to fewer choices. Regulations mandating the use […]
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Stop, Look, Listen
We all know the best way to approach an unguarded railroad crossing is to stop, look, and listen. That same advice applies when examing the economy, which will likely roar through 2018 at full speed. While it is tempting to climb aboard and enjoy the ride, that is the exact wrong approach from a supply […]
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5 Ways to Improve Fulfillment Center Efficiency
To capitalize on the e-commerce boom, fulfillment centers—which are different from distribution centers in that they do not distribute inventory but fulfill customer demand in either B2B or B2C businesses—need to scale and react nimbly and agily. Fulfillment centers must also be as efficient as possible to maximize customer satisfaction. Fulfillment centers do not generate […]
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Sometimes It’s Better Not to Be So Pushy
Supply chain processes fall into one of two categories: pull systems, where a company initiates execution in response to a customer order (reactive) and push systems, where execution is initiated in anticipation of customer orders (speculative). The boundary that separates push processes from pull processes is one measure of a supply chain’s “lean-ness”—the farther upstream […]
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Using KPIs to Optimize Transportation Data
Data drives sound business decisions. The same principle applies to decisions surrounding transportation issues. Specifically for parcel, the best data source is carrier invoices, supplemented by the manifest (TMS) data where possible. Your carriers should make invoice data easily available, especially if you use a third-party vendor to review and pay your invoices. They should […]
Read MoreGOOD QUESTION | What is the best business book you ever read and why?
One of the best quick-study books I have read is Winning Every Day by Lou Holtz. Catering to the sports enthusiast, the book reminds readers the fundamental element of business is that people are led, not managed, to success. Defining the differences and connection between talent, motivation, and attitude, Holtz lays out a game plan […]
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Masters of the Future
I have a secret: I can see the future. Anyone who reads business media can tell you that many professionals in my generation fear for the future of the workforce. Doomsayers claim that all millennials are lazy, and Generation Z is needy and co-dependent on Google and their devices. I’m lucky, however. I get an […]
Read MoreGOOD QUESTION | What is the best piece of leadership advice you ever received?
Treat ’em like family. Sean Ford Operations Manager Home Depot Stay humble and lead by example. Never ask members of your team to perform any task that you would not perform yourself, and remember that your plans, actions, and decisions have a direct effect on the team members that you depend on. Tom Poduch Director […]
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Collaborative Supplier Management: The Key to Beating Holiday Fever
The holiday season—and accompanying spike in product demand—is no longer confined to the end of the year. With holiday celebrations in at least eight months each year—from Valentine’s Day to Easter and the Fourth of July—and nearly every product category from candy to clothing and home furnishings affected, retailers need to fine-tune their e-commerce strategy […]
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Purchasing a Cloud-Based WMS? Get Grounded
Warehouse management systems (WMS) run the gamut from sophisticated and flexible standalone options to supply chain execution suites to enterprise resource planning tool extensions. As with many data-driven functions, cloud-based solutions have grown in prominence and mindshare. One of the biggest misconceptions, however, is that adopting a cloud solution naturally drives cost savings. But hidden […]
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Reliable Rail Service Hinges on Reform
Freight rail is a vital link in the logistics professional’s arsenal, connecting businesses with downstream users and consumers. America’s railway system has a long and storied history, playing a pivotal role in the growth of our nation. Until recently, 26 railroads were in operation. Today, there are only seven rail providers, with just four controlling […]
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