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Rise of the Machines: How Self-Driving Trucks Will Alter the Supply Chain
If you drive through Nevada on your family vacation this summer, you may glimpse what many believe is the future of trucking in this country. Daimler’s Freightliner division unveiled its first self-driving truck licensed for commercial use in Nevada, one of the first states to permit autonomous passenger vehicles and the only one to license […]
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Supply Chain + Marketing = Successful Consumer Promotions
More consumer-facing companies are using promotions as a way to attract and retain customers, try new product concepts, and meet consumer demand.Examples include limited-time food offerings in restaurants, holiday-inspired product colors, and co-branded promotions at big box retailers and grocers. These promotions give marketers, product developers, and salespeople an additional avenue to express creativity and […]
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4 Ways to Ensure Your Valuable Shipments Arrive Safely
Every shipment contains something of value to the sender and receiver. That package may have an extraordinarily high monetary value with little emotional equity, or incredibly high emotional value for the recipient but little financial worth. For example, let’s take a shipment containing temperature- or time-sensitive pharmaceuticals for patients in a new drug trial. The […]
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Ready to Reduce Your Footprint? Start by Taking These 5 Steps
For resource-intensive organizations, conservation and environmental initiatives are more than feel-good activities. Environmental stewardship can ease regulatory and compliance burdens, reduce effort and waste, and increase profit margins. Yet, many companies still struggle to justify green efforts. Implementing an environmental initiative in your business can be more than just an exercise in sustainability. The program […]
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Benchmarking Transportation Processes With TMS Data
Many businesses that ship products use transportation management systems (TMS) for visibility and control within their supply chain operations. The introduction of cloud-based TMS has also opened the door to many small and mid-sized companies to find great tools that fit their budgets. While using TMS capabilities to support everything from carrier rate management, shipment […]
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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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