Articles
Commentary
Ditch the Spreadsheet and Grow Your Business with Quality Data
To optimize logistics execution, shippers must gain visibility by adopting new technologies that provide high-quality data. But at many companies, separate freight procurement and logistics management functions leave managers struggling to optimize processes beyond freight rates, producing results that may have a large financial impact and damage customer satisfaction. Even today, many companies manage information […]
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Dealing With Demurrage, the Dreaded D-Word
Every industry endures a topic no one wants to discuss. It’s usually too painful or tedious to confront, although it probably will never vanish. For shippers and receivers who transport by rail, that topic is the dreaded demurrage. Demurrage is the fee charged for the extended use of a railroad-owned or privately held railcar. When […]
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Gamification: A New Way of Tracking and Improving KPIs
Harnessing and optimizing new technology has always been a cornerstone of the logistics sector. Dating back to 1781, when James Watt patented the first continuously rotating steam combustion engine, logistics has evolved by capitalizing on technological breakthroughs and innovations. So, perhaps it is only appropriate that an industry initially built on the back of the […]
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How to Use Safety Measures to Reduce Lift Truck Accident Damage
Like busy freeways, plants and warehouses have squeezed more traffic into less space as the cost of real estate has risen. With products and equipment packed tighter, operating with more just-in-time logistics, the risk of lift truck impact is greater than ever today. That puts your people, production, and assets at risk. OSHA estimates that […]
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When the Walls Come Tumbling Down
It might sound like two things I did this month—traveling to Phoenix for ISM’s annual conference and working on this Warehousing issue—have nothing in common. Ah, but they do. What happens in the warehouse, the orchestration of products coming in and going out to where they need to be, hinges on the convergence of many […]
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Finding an Inventory Solution That’s Just Right for Your Small Business
Inventory management, put simply, is ensuring you have the right amount of product in the right place at the right time. It helps you determine which items sell well, and which do not, giving you the ability to adjust product levels accordingly. As such a crucial step in the supply chain, the importance of good […]
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How Amtrak’s Supreme Court Case Affects Freight Shippers
Track-sharing among railroads has long been a complicated issue. The U.S. Supreme Court recently reviewed a case determining whether Amtrak has the authority to regulate privately owned freight railroads with which it shares rail. The Rail Passenger Service Act of 1970 was supposed to reinvigorate a national passenger rail system. The legislation created Amtrak to […]
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Five Ways to Mitigate a Truckload Capacity Crunch
Many factors have led to increased costs for truckload services, and created challenges to the freight pricing status quo for shippers. In the wake of the disruptions caused by the current capacity crunch, many are asking: "Am I overpaying? And if I am, what can I do about it?" To avoid paying too much for […]
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7 Ways to Get the Most Out of Your Incentive Program
Incentive pay programs are becoming an increasingly popular supply chain initiatives to increase productivity without the need for large capital improvements. These programs motivate employees to perform to the best of their ability every day, even during stretches of long workdays and difficult tasks. The problem is that an incentive program can hold an adverse […]
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Manufacturing Skills Gap Calls for New Approaches to Talent Development
As manufacturers seek to achieve growth, their search for the right talent to help them execute on their business strategy tends to be a challenging one. More than 75 percent of manufacturing respondents to Accenture’s 2014 Manufacturing Skills and Training Study identified a shortage of skilled workers. That gap also stands out in the so-called […]
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Improving Customer Satisfaction with Consumer Engagement Apps
Walking into a retail store today, customers are presented with myriad options for every product. But how can they know which is the best for their needs, among two, five, or 10 different options? Before the digital age, we might have asked a friend or neighbor which product they use. Now, we turn to the […]
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Communication is Key When Optimizing Logistics Networks
Within any logistics network there are vendors, warehouses, distribution centers, service operations, transportation routes and hubs, carriers, freight forwarders, importers, exporters, and more. The idea of optimizing all of it is enough to give anyone a splitting headache. The goal of optimization is to reduce costs while becoming more efficient. To do this, some companies […]
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The World is Your Warehouse, 2.0
Inbound Logistics regularly reports on the benefits of better linking demand to supply lines. Given the new and ever-growing crop of supply chain technology solutions delivering global visibility and ability to execute, we sometimes refer to the world as your warehouse. That’s why Apple’s patent #8,989,773 caught my eye. Granted on March 24, 2015, by […]
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How Location Decisions Impact a Lean Strategy
Companies often don’t consider the location decision to be a Lean concept, but they should. Moving goods efficiently from raw material sites to processing facilities, manufacturers, distributors, retailers, and customers is critical to remaining competitive in today’s global economy. When manufacturers make location decisions, their priority is to minimize cost. Retailers look to maximize revenue […]
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Taking Steps to Embrace ACE
With other countries transitioning to a single-window-to-government paradigm, all eyes are on the United States as the Automated Commercial Environment (ACE) brings a modernized, integrated approach to government. The initiative, which allows shippers to electronically transport import and export data to the government through a single window, can be considered a mature program with well-defined, […]
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Tracking Isn’t Just Tracking Anymore
In the 1990s, carriers, shippers, and third-party logistics providers were always asking: "Where’s my truck?" In response, automatic tracking systems grew rapidly as the Global Positioning System (GPS) became available for commercial use, and expanding satellite and cellular networks increased connectivity even in remote areas. The first generation of tracking systems charted the location, speed, […]
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Five Customs Compliance Tips for Aerospace Companies
Aerospace manufacturers and distributors who move shipments across international borders face an often-complicated, high-stakes process as they navigate export rules and local customs regulations. Fines for non-compliance can amount to millions of dollars. That makes understanding guidelines a vital business priority. For some companies, the hassles associated with customs can dissuade them from expanding into […]
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Best Practices for Preventing Pallet Rack Damage
Warehouses and distribution centers can be hectic, and it is essential to have solid damage prevention practices in effect to prevent employee injury and minimize loss. However, in an environment where workers are maneuvering heavy equipment and heavy loads in confined spaces, accidents are bound to happen. Even the best driver occasionally has a collision, […]
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A Supply Chain World Tour
Demand-driven logistics spans the world…in practice and in print. For a host of reasons, U.S. shippers and consignees are taking control of how they pull—and push—global product to market. Shifting demand dynamics, geopolitical volatility, currency fluctuations, government interference, lengthening and deepening supply networks, and cost reduction directives have conflated to consternate even the best supply […]
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Preparing Your Company Today to Hire for Tomorrow
The logistics sector will create more than one million jobs through 2016, according to the U.S. Department of Labor. To complicate matters, there is a skills gap in logistics, so recruiting proven and experienced professionals has become a priority for many companies. With competition for talent increasing, organizations must attract candidates who will be the […]
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