Articles
Commentary
Discovering the Value of Analytics
Many companies are building analytics strategies, which use data to facilitate better decisions. To develop improved analytics strategies, consider the three different types of analytics: descriptive, predictive, and prescriptive. Each type uses data in a different way to provide a different type of value. Descriptive analytics: Using data to improve how you describe or report […]
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Reusable Shipping Dunnage Protects Sustainability Efforts
Containers and packaging account for 30 percent of all U.S. municipal solid waste, according to a 2009 EPA study. Small wonder, considering the contribution of millions of tons of disposable corrugated and wood filler used to protect products in transit across America every day. By road and rail, goods move about in the temporary company […]
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FMCSA Abandons Carrier Oversight
For 75 years, the U.S. Department of Transportation stood as the arbiter of interstate motor carrier safety. That significantly changed on May 16, 2012, when the Federal Motor Carrier Safety Administration (FMCSA) issued three notices on its Web site signaling a retreat from its statutory and historical oversight of carrier safety, in favor of placing […]
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3PL Partnerships: From Tactical to Strategic
It was déjà vu all over again as I sorted through the responses to this year’s Top 10 3PL Excellence Awards survey and 3PL Perspectives research. Like last year, and the year before, and the year before that, a sizable percentage of survey respondents said they select logistics partners based on their ability to secure […]
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3PL Partnerships: From Transactions to Trust
In business context, transactional relationships are often laden with legal conditions—unlimited liability, implied agency, utmost good faith. Even with assurances that a partner will do the right thing, it all comes down to costs and consequences. For many years, the supply chain operated in a similar fashion. Third-party logistics providers (3PLs) demonstrated their value by […]
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Ports Can Help Ensure Ship-Shape Supply Chains
As shippers see their business volumes increasing even as revenues lag, it becomes more important than ever for ports to focus on reliable and prompt service. Shippers are entitled to a high level of service, and they should be able to expect that their ports of call will take a proactive role in managing the […]
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TAPA Standards Safeguard Cargo
Cargo theft is a major concern for high-value, high-risk product manufacturers and their logistics service providers. In the third quarter of 2011 alone, 263 cargo thefts of building/industrial, electronics, and consumer care products occurred in the United States, according to logistics security firm FreightWatch International. One way to help ensure cargo safety in storage facilities […]
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Containerization’s Benefits Can’t Be Contained
Today’s leading companies are reexamining their supply chain operations, and implementing new strategies and technology to improve performance and enhance efficiencies. Moving cargo in containers, or containerization, is one area of opportunity shippers can leverage, not only in downstream transportation and logistics functions, but also in unexpected upstream supply chain planning functions. In its simplest […]
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Don’t Be Afraid Of Product Lifecycle Assessment
Sustainability, carbon footprint, and lifecycle assessment (LCA) are becoming common discussion topics in the boardroom. These terms often generate fear as well as discussion, as executives worry about how their company will stack up against competitors, how much an environmental impact analysis will cost, and whether the measurements will be accurate. The benefit of analyzing […]
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Blazing Trails from the Crossroads of America
Missouri’s transportation system is an essential component of many industries, and the heartbeat of everyday life, working as a conduit between its rural areas and its big cities. But, because it’s always there, it can be easy to take the state’s transportation infrastructure for granted. Sometimes we need to be reminded that transportation can—and does—make […]
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Sophisticated Innovations Enhance Supply Chain Security
The global economy relies on moving goods securely and efficiently through an increasingly extended multimodal transport system. Aggressive thieves with sophisticated techniques have spurred innovations in shipment processes, technology tools, and regulatory compliance to enhance logistics security efforts. As a framework for better security processes, the International Organization for Standardization (ISO) 28000 standards on supply […]
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Managing Global Complexity: The Right Tools for the Job
Henry Ford is popularly quoted as saying that his customers could have any color Model T they wanted—as long as it was black. For years, global logistics professionals using optimization could relate to Ford’s quote, because they could apply this highly respected engineering practice to virtually any shipping challenge they faced—as long as they were […]
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Green Leadership for Lean Times
Current economic conditions are cooling enthusiasm for green initiatives in some quarters. But not in Bentonville, Ark., where Walmart recently released its 2012 Global Responsibility report. Someone once said, "as Walmart goes, so goes the nation." I don’t know if that’s true, but despite lean times, the retailer is providing leadership in supply chain sustainability. […]
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CNG Fuels Trucking Sustainability Efforts
Nearly 55 percent of U.S. executives report their organization now has a formal sustainability strategy in place, according to a KPMG International corporate sustainability study. One development gaining momentum in the trucking industry is investing in vehicles that run on alternative fuels. Companies are exploring a variety of options, including electricity, ethanol, biodiesel, liquefied natural […]
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Inventory…What a Waste
We all know that inventory is a necessity. When you fully understand its purpose and cost, however, you realize why lean practitioners consider it one of the Eight Wastes. Inventory can be among a company’s most expensive assets, representing up to half of total invested capital. The major reasons for carrying inventory are to decouple […]
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Nearsourcing to Mexico Improves Operational Efficiency
For years, Asia was the location of choice for low-priced manufacturing. The Asian shipping market was hit hard by the global recession in late 2008 and 2009, however, and the region became less appealing as a manufacturing site when labor costs began rising. Then, as the global economy improved, demand for product quickly outpaced supply […]
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Sharing Data Creates Optimal Supply Chain Visibility
In the past decade, analysts have written volumes about the value of supply chain visibility and execution systems. It’s hard to argue with the concept. When all supply chain partners’ systems work together to fulfill orders perfectly, execute on-time shipments, and provide early alerts to problems, life is good. Many companies have turned to on-demand […]
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Warehousing ‘Outside the Box’
Historically, warehousing was viewed as a function that exists inside “four walls.” Visibly, that’s true. But when you consider all the different parts and impulses that influence a distribution operation, it can no longer be cornered so conveniently. That’s why our May 2012 issue spotlights warehousing and distribution wall-to-wall—and beyond. For example, it’s easy to […]
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Load Boards Evolve Into Social Networking Tools
When you look at an Internet-based load board, it’s hard to believe how far the freight and logistics sector has come. It wasn’t long ago that carriers all over the country found much-needed backhauls by posting handwritten notes on truckstop bulletin boards, and brokers used those same boards to locate trucks. But technology—particularly the Internet—has […]
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LCL Plays Growing Role in Global Ocean Transportation
Demand for less-than-containerload (LCL) services is rising among global importers and exporters whose business models rely on cost, inventory control, and supply chain visibility. The shift to more LCL services in industries such as oil and gas (O&G), retail, and automotive can be attributed to several factors. Oil and gas fuels change: Running an end-to-end […]
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