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Ready for the Rebound
One good thing about difficult times is they drive people to take action. It’s easy to be nonchalant about counting pennies when dollar bills are everywhere. But when things get tight, lip service surrounding efficiency and automation just won’t do. Tomorrow’s leaders are using the recession to address manual processes, paper and other inefficiencies. Using […]
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Immediate Steps Toward Supply Chain And Transportation Integration
Finally! Now, there is much more action toward integrating the transportation function into the Supply Chain. For years, there has been the realization of the high volume of money being wasted associated with transportation expenses—inbound, outbound and "plant-to-plant." Let’s look at some industry numbers: Overall inbound, production-related and outbound transportation is often the 3rd highest […]
Read MoreHow to Outsource Wind Logistics
As demand for renewable energy sources grows and green best practices take root, the wind energy industry keeps blowing across the United States. Regardless of whether wind turbine components are sourced globally or domestically, the demands placed on shippers and transportation and logistics service providers are extreme. Planning, organizing, and executing wind turbine moves requires […]
Read MoreHow to Gain Reverse Logistics Efficiency
Forward thinking companies increasingly need to consider reverse. With so much attention, time, and capital spent on exploring ways to move the enterprise in new directions, what’s left behind is often overlooked and under-controlled. Reverse logistics covers a wide array of services—from inspection, repair, and remanufacturing to consumer returns and aftermarket recycling. It can reduce […]
Read MoreHow to Create a Lean Warehouse Culture
MORE TO THE STORY: Lean in Principle There are three core parts to orchestrating lean tactics in a warehouse: tools, methods, and culture. Most companies have the equipment and processes to embrace lean. Culture, however, is often missing. Crafting an organizational culture that empowers lean concepts is a recurring challenge for companies, yet it yields […]
Read MoreHow to Standardize Fuel Surcharges
MORE TO THE STORY: DRILLING DOWN FREIGHT SPEND A wise person once stated that if you have two watches, you never know what time it is. When considering the effects of fuel surcharges on line-haul rates, this analogy is appropriate. If both are allowed to fluctuate, making sense of total freight spend and the intrinsic […]
Read MoreWhy Shippers Should Care About Total Landed Costs
The unprecedented economic downturn, combined with the very unpredictable changes in key supply chain variables over the last few years, shows why shippers should take a more holistic approach when making network configuration decisions. The dramatic spike in fuel prices last year serves a perfect example. The fuel ≥crisis≤ was a catalyst that forced companies […]
Read MoreIt’s 2009. Do You Know Where Your Freight Dollars are Going?
The last two years have proven to be very stressful ones for most supply chain managers. Hundreds of firms have failed and thousands of jobs have been lost throughout the industry. Most managers of virtually all functions are under more pressure to meet corporate goals than ever before. According to the recent CSCMP State of […]
Read MoreChemical Logistics—June 2009
The chemical industry copes with an uncertain economic climate.
Read MoreMeasure Your Way to Exceeding C-Suite Expectations
With organizational performance demands at an unprecedented high, the C-Suite is scrutinizing every cost of doing business and looking for places to cut costs while enhancing customer service. Constantly changing corporate goals and the mandate to do more with less adds stress to heightened business goals. One thing is clear: Changes made to your business […]
Read MoreMake Sure TMS Stands for ‘Time-to-Market Savings’
Broad agreement exists nowadays among logistics managers that Transportation Management Systems (TMS) are a useful—many would say powerful—addition to their arsenal of tools. After all, a good TMS will automate quoting, tendering, billing, and a host of other shipping activities. It will optimize modes, routings, and costs while providing unprecedented visibility to shipment status and […]
Read MoreHow to Close the Supply Chain Value Gap
When it comes to IT investments in Supply Chain Management, what you see isn’t always what you get (WYSIAWYG for short!). Studies indicate that there’s a huge gap between what customers in various industry groups perceive as required investments and satisfaction with the delivered IT solution. Nevertheless, in today’s competitive and vulnerable economy, it becomes […]
Read MoreA Slice of Time for Logistics
As the global economy shrinks and slows down, manufacturers, suppliers, retailers, and merchandisers have to squeeze every ounce of efficiency from their operations. In the rush to cut costs, however, they sometimes overlook the impact that time has on the ability to sell more products or to be more efficient. Time is a precious commodity […]
Read MoreHow to Manage Risk Among Logistics Partners
MORE TO THE STORY: SAFEGUARDING AGAINST RISKY BUSINESS Businesses face their own unique challenges in today’s waffling economy, with credit largely frozen, consumerism measured, supply lines lengthening, and transportation-related costs reaching record thresholds. Aside from these internal and market-driven obstacles, companies also encounter considerable risk partnering with carriers, forwarders, and third-party logistics providers laying down […]
Read MoreHow to Develop Infrastructure to Support Mission-Critical Logistics
MORE TO THE STORY: 6 STEPS TO SUPPLY CHAIN ENLIGHTENMENT here are critical logistics requirements and then there are mission-critical demands. The difference is end-user impact: a lost customer because of a late shipment, or a lost product line—and countless lost customers—because a critical part can’t be replaced in time. When companies move high-value shipments […]
Read MoreHow to Negotiate Ocean Carrier Contracts
MORE TO THE STORY: WHEN YOU APPROACH THE TABLE What you put into contract negotiations dictates what you get in return. So begin by putting together a prospectus of your industry and your company and where it is moving—with input from all departments and levels of management within the extended enterprise. Assess and understand where […]
Read MoreHow to Drive Excellence in Food Service
MORE TO THE STORY: FOOD LOGISTICS EXCELLENCE A LA CARTE Concerns over food product safety and integrity have ramped up efforts in the food supply chain to improve service, efficiency, and transparency—despite already robust regulatory oversight. Picking up and delivering shipments on time with no claims is the expectation among food service companies. Service is […]
Read MoreHow to Capitalize on Importer Security Filing (10+2)
MORE TO THE STORY: MAKE 10+2 WORK FOR YOU Sometimes opportunities present themselves in the unlikeliest places—in the bureaucracy of Customs compliance, for example. When U.S. Customs and Border Protection (CBP) introduced the idea of Importer Security Filing (10+2) early in 2008, many global shippers and consignees greeted the proposal with reservations. The mandate requires […]
Read MoreHow to Gain Supply Chain Visibility
MORE TO THE STORY: 6 STEPS TO SUPPLY CHAIN ENLIGHTENMENT If there is one buzzword that continues to define supply chain management, itπs visibility. Everyone wants it but few seem to ever approach true nirvana. Part of the difficulty in this endless search for total insight and control is that companies have different interpretations of […]
Read MoreGrowth and Structure of the Third-Party Logistics Industry
In these challenging economic times, it may be difficult to think of industries that achieve meaningful growth irrespective of the economic cycle. Historical trends, however, suggest that the third party logistics (“3PL”) industry has been able to accomplish just that. During the last recession, gross revenues for the domestic industry grew 17.8% from $65.3 billion […]
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