Articles

Good Question

What’s the most unexpectedly good advice you’ve received about the supply chain?

Speed is not always the solution. Breaking shipments into inventory replenishment and just-in-time SKUs allows price and transit time optimization. Asia-to-U.S.-East-Coast transit through the Panama Canal versus the Suez Canal differs by 7 to 13 days. Pushing inventory cargo to the slower/lower-cost options provides free warehousing on the water while reducing overall landed cost. —Alan […]

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GOOD QUESTION | How should shippers adjust their supply chains in response to the disruption caused by COVID-19?

GOOD QUESTION | How should shippers adjust their supply chains in response to the disruption caused by COVID-19?

Keep a daily pulse on supply and customer demand. Daily monitoring on COVID-19 restrictions in supplier and customer locations is essential to understanding when and where to ramp up or down capacity within your supply chain limits. It’s also important to communicate up and downstream projected manufacturing or demand signals so that your supply base […]

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What supply chain insight would you share with your younger self?

Supply chains are more straightforward than they appear. All the acronyms and industry-specific terms seem confusing, but they’re all in service of moving things from origin to destination. —Ethan Frisch Co-founder Burlap and Barrel Take emotion out of your decision making and always be forward thinking with your long-term strategic plan in mind. Take care […]

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GOOD QUESTION | What Supply Chain Terms Do People Sometimes Confuse?

GOOD QUESTION | What Supply Chain Terms Do People Sometimes Confuse?

Carrier vs. broker or 3PL. Shippers often don’t recognize the value difference—and motivations—of an asset owner versus a non-asset player. We’re measured the same, but when the rubber meets the road, it’s the asset provider who has to deliver. The key is to understand where a broker brings value. Greg Orr President, CFI Savings vs. […]

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GOOD QUESTION | When choosing a logistics provider, what’s more important: cost or customer service?

With a tumultuous global economy and trade uncertainties, the most important consideration is value. Can they provide global visibility to your supply chain? Can they help you effectively navigate the ever-changing regulatory landscape? Park Williams VP, North America Sales BDP International Customer service. Simply put—you can win and lose with cost, but you will always […]

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GOOD QUESTION | What’s the 2020 supply chain buzzword or phrase?

GIG WORKER. Embracing this growing segment of workers is the key to helping companies handle variability—from last-minute orders to seasonal swings—while remaining agile. Robert O’Dwyer Logistics Industry Principal Kronos Incorporated AI. It has only just begun to transform freight and logistics. With innovation comes new services and opportunities for cost savings or efficiency gains. Oren […]

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