Articles
Commentary
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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Just Another Brick in the Mall
Travel around the world, and you see up-and-coming economies sporting many shiny new buildings, airports, ports, and factories, while more mature economies display aging legacy infrastructure. It’s the nature of progress. You see the same parallel in retail operations, where newer e-commerce models seem to overcome legacy brick-and-mortar models. But not entirely. Yes, e-commerce is […]
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A Fresh Route for Latin American Produce
More than 21 million metric tons of fruits and vegetables were imported into the United States in 2013, according to the U.S. Department of Agriculture (USDA). Approximately 35 percent of that produce comes from Central and South America. While Latin American perishable exports have grown dramatically in recent years, some logistical shortcomings prevent maximum cold […]
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Driver Shortage Threatens to Slow Intermodal Growth
The shortage of qualified drivers threatens the intermodal industry’s continued growth. The challenge for intermodal is not only hiring enough professional drivers, but also retaining them. For many transportation companies, attracting and retaining drivers are the biggest challenges. The extreme number of multi-hour delays along the intermodal chain, combined with the impersonal treatment drivers receive […]
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Procurement and Purchasing: Buying into Lean
While supply chain costs, primarily procurement and transportation, can range from 50 to 70 percent of sales, some companies place too much emphasis on the traditional focus of reducing material costs in supply processes. Applying Lean principles to procurement and purchasing processes can identify non-traditional sources of waste, in some cases creating a paradigm shift […]
Read MoreHow to Make Ship Arrival Analytics and Predictions More Precise
Ninety percent of the world’s logistics traffic moves via ocean transport, and until today, the entire logistics community of shippers, forwarders, carriers, and tracking technology providers has suffered from the struggle to consistently predict the precise arrival of the world’s ocean vessels with reliable certainty. Many in the supply chain industry claim that dynamically predicting […]
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Reducing Supply Chain Risk by Outsourcing Technology
Supply chain risk management is a major concern for many companies. Risk management data would influence board-level decisions for 70 percent of respondents to a Gartner IT Risk Management Survey, up from just 46 percent a year earlier. While data loss and the threat of cyber-attacks are the most well-known security issues, there are three […]
Read MoreHow to Wirelessly Enable Your Supply Chain
Just in time is challenging enough. It’s even more so when it involves high-value assets such as construction, forestry, and agricultural equipment. That was the case at one major U.S. manufacturer who supplied those kinds of equipment. For years, the company’s supply chain used specialized containers to shuttle work-in-process inventory between multiple suppliers and manufacturing […]
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You Say You Want a Co-Evolution?
In human evolution, scientists theorize that primitive man existed 3.8 million years ago. Progress was slow until 200,000 years ago, when modern man made his appearance. Then came a spark of progress: animal domestication, farming, global expansion, refined toolmaking, and more. What we today call the third-party logistics (3PL) sector followed that same evolutionary process. […]
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