Articles
Commentary
Don’t Just Liquidate, Seek Scalable Solutions
Relaxed return policies create a competitive advantage for retailers but can wreak havoc on reverse logistics. Each year, consumers return hundreds of billions of dollars in merchandise, most of which can’t go back on the shelf due to diminished item condition, damaged packaging, or product obsolescence. No matter the reason, that’s a significant amount of […]
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What is the Difference Between Logistics and Supply Chain?
“Supply chain is the football coach, and logistics is the quarterback. They both provide direction regarding how field assets must be situated and positioned. But the coach provides the overall game plan, and the QB executes the moves, adapting on the fly as needed.“
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Shipping for the Digital Age
Robots, autonomous vehicles, and other fancy hardware like drones are the cool new toys in logistics. Although logistics and transportation is one of the largest markets on the planet, the relative lack of innovation in the sector is surprising. Marty McFly and the rest of the “Back to the Future” crew predicted that this year—2015—would […]
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The Do’s and Don’ts of Sales and Operations Planning
Most business executives would agree that effective S&OP should lead to competitive success. But S&OP means different things to different organizations. What makes S&OP a "secret sauce" is dependent on a few key factors. Having the right people in the bus. First and foremost, it is essential to obtain executive-level sponsorship. S&OP strategies fail without […]
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Pioneer Ports Drive Economic Development in the Inland Northwest
The Port of Lewiston, Port of Clarkston, and Port of Whitman County—also known as the Pioneer Ports—are the most inland seaports on the West Coast, located 465 river miles from the ocean in the Inland Northwest. These three ports play a critical role in driving economic vitality in the Lewis-Clark Valley and Palouse areas of […]
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Three Steps to Mitigate Supply Chain Risk…Now
A supply chain vulnerability and risk assessment should be an integral part of any overall supply chain strategy analysis. Unfortunately, this is rarely the case. Many businesses don’t address supply chain vulnerability and aren’t prepared for potential supply chain disruptions due to either random acts of nature or deliberate actions. The recent West Coast port […]
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Product Philanthropy: An Efficient Way to Move Unwanted Inventory
While businesses have made great strides in inventory management, many have yet to adopt a truly efficient, cost-effective process for moving unprofitable stock. Discounting merchandise eats into profits and devalues the corporate brand. Liquidating is even less profitable and more laborious. As a result, many otherwise efficient operations end up housing idle stock far longer […]
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Timely Timeline Reminder
In the past 30 days, I heard and saw much that reminded me why so many IL readers tell me they love working in logistics. My travels included 30 site visits and two industry conferences. Here’s part of my timeline: At an early morning meeting, I spoke with one visionary who is forging public-private partnerships […]
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Measuring to Manage or Barely Managing to Measure
Respondents to a Bain & Company survey say they run their supply chains only half as efficiently as top supply chain performers such as Toyota, Dell, and Home Depot. In fact, top-quartile performers spend just 4.2 percent of revenue on supply chain costs, compared to almost 10 percent for average performers in the same industry. […]
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Building Bench Strength With Supply Chain Graduates
Gripped by financial pain in 2008, organizations across all industries cut labor to keep the lights on. While this approach provided short-term relief, many businesses were left with a resource plan that was thin. Within the past year, the economy has improved and across most industries, organizational growth has translated into increased pressure for businesses’ […]
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If Yogi Berra Were a Logistics and Supply Chain Manager
UltraShipTMS (and many of its employees) is native to the New York metro area. We all grew up with Yankees baseball among the constants of life in this part of the world. That is why it was with great sadness that we marked the passing of Yogi Berra, who, like the Yankees and like UltraShipTMS, […]
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Missouri Gets Shipping
Missouri’s central location, sixth-largest public road and highway system, service by all seven Class I railroads, third-largest inland port in the nation, and major airfreight centers in Kansas City, St. Louis, and Springfield might be enough to attract the attention of most nationwide shippers looking for a strategic Midwest location. But Total Quality Logistics (TQL) […]
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Use Supply Chain Modeling to Mitigate Port Shutdowns and Other Risks
Recent massive strikes among dockworkers on the California coast brought the reality of supply chain continuity planning to the forefront once again for global businesses. The Los Angeles and Long Beach ports handle nearly half of the nation’s cargo, and are the main gateway for imports from Asia, including automobiles, furniture, clothing, electronic products, and […]
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When Real Estate Intersects With Logistics
Fulfillment centers across the globe are adapting to better suit customer demands. We’re seeing increased automation and robotics, more office improvements, higher levels of complexity, greater security, and stepped-up employee workplace amenities, among others. In short, businesses are expecting more. And they want more now. Leasing new property is an important part of expanding or […]
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XPO Goes Long with Con-way Play
Merger and acquisition activity in the transportation and logistics sector has been fast and furious over the past few months. Still, it’s hard to imagine that UPS’s acquisition of Coyote Logistics ($1.8 billion) and Infor’s GT Nexus move ($675 million) have become little more than sidebars to this summer’s blockbuster feature—XPO Logistics’ bookended $3 billion-plus […]
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Using Analytics to Differentiate Your Customer Service
Differentiated service is about making your company easier to do business with, anticipating the needs of your customers, and having products available when needed. For example, when I travel last minute, I expect my preferred rental car provider to have a vehicle available for me when I arrive. I don’t think about their current demand, […]
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Why Excellence in Supply Management Matters More Than Ever
In today’s competitive business environment, having visionary leaders and great products is not enough. In the past 20 years, companies have experienced a profound shift, and have dramatically increased their spending on external suppliers. This places the supply management function in the spotlight as a key driver of profitability. The better supply management teams are […]
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Positive Train Control: Negative Impact On Railroads?
The Rail Safety Improvement Act of 2008 (RSIA) mandates that Positive Train Control (PTC), a set of advanced technologies designed to stop or slow a train before accidents occur, be implemented across approximately 60,000 miles of the nation’s rail lines by Dec. 31, 2015. Class I railroad main lines that handle any poisonous, inhalation, or […]
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Seven Tips for Finding the Right Chinese Partner
China is a major trading partner for the United States, and the relationship is key for both countries. U.S. trade with China is booming, but there are issues that continue to linger, such as the U.S. trade deficit and China’s trade surplus, a Chinese fiscal policy that keeps currency artificially low compared to the U.S. […]
Read MoreImproving Fleet Safety with On-Board Video
Transportation is vital to a supply chain that efficiently manages the flow of goods—physically connecting manufacturers to their customers to provide them access to their favorite products. A break in that link—such as late deliveries, or damaged or stolen goods—can be detrimental to the success of a business, negatively impacting supply chain relationships and, in […]
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