Articles
Commentary
Start Now to Leverage the Benefits of the Panama Canal Expansion
The expansion of the Panama Canal, scheduled between late 2015 and early 2016, is one of the most important infrastructure projects of the past century. The upgrades mean that massive post-Panamax ships will traverse the waterway, leading to a significant shift in trade patterns and increased global trade. Global companies typically grow 15 percent faster, […]
Read MoreWhy Ports Need a Master Plan
Ports constitute an important economic hub and critical economic engines, bringing varying degrees of benefit to the international, regional, and local economies in which they operate. In a sense, ports are much like living organisms. In biology, organisms are defined as contiguous living systems, which, in at least some form, are capable of response to […]
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What Customers Expect in the E-Commerce Age
Twenty years ago, selling and delivering retail goods to consumers was a relatively simple process. Nearly all purchases were made in stores, so if a retailer adequately stocked its shelves with desirable, dependable goods, shoppers were usually satisfied. If they weren’t, they often had limited options, depending on how far they had to travel to […]
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Inventory Replenishment: Why Push When You Can Pull?
Today‘s supply chains are undergoing significant pressures to become more demand-driven. Retailers, distributors, and manufacturers must choose the approach they hope will make the most profit. Should you produce goods according to demand forecasts, or by reacting to what consumers already bought? Companies are investing in a new generation of cloud technologies that enable the […]
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Three Tips for Doing Business in Canada
Canada offers a unique opportunity for American businesses looking to sell products into new and profitable markets. Canada shares a border with the U.S. that spans 5,525 miles, and entered the North American Free Trade Agreement with the U.S. and Mexico on January 1, 1994. Since then, Canada has purchased a significant number of American […]
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Engineering Green DNA
Sustainability and green are two words often used interchangeably. In truth, one is a subset of the other. Sustainability is inclusive, an ethical umbrella that covers a gamut of social, economic, environmental, and business issues. But the idea of sustainment is integral to any green effort. Shippers often run into problems pushing environmental programs because […]
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How to Cut Seven Non-Traditional Wastes
In my first column for Inbound Logistics in 2012, I covered the seven traditional wastes identified in Lean thinking: Transportation, inventory, motion, waiting, overproduction, over-processing, and defects, more commonly known by the acronym TIM WOOD. But there are other wastes to consider in your supply chain and logistics functions. Let’s examine the following seven non-traditional […]
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It’s Time for an Automotive Aftermarket Logistics Tuneup
In automotive repair shops across the country, demand for older model parts is matching demand for newer model regular maintenance parts. This is because the average vehicle on the road today is 11.4 years old, and expected to reach 11.7 years by 2019. The result has transformed the aftermarket industry. Aftermarket SKUs are estimated in […]
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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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