Articles
How-To
Choosing the Right Airfreight Forwarder
In a global supply chain, timing and visibility are critical. So is selecting the best freight forwarder. Vito Losurdo, vice president of global airfreight services at UPS, offers the following advice for picking the best airfreight forwarder for your business. 1. Look for a broad portfolio. Partner with an established forwarder that provides a comprehensive […]
Read MoreOptimizing Warehouse Operations
Warehouse operations efficiency is key to the success of any company that processes, inventories, and ships orders. When efficiency lags, products may not arrive at customer destinations on time, orders can get lost, and low inventory levels can result in stockouts. Here’s some advice on optimizing warehouse operations from Chris Castaldi, manager of business development […]
Read MoreAssessing Your Provider’s Financial Stability
There’s nothing worse than hiring a logistics provider or carrier, then having it file for bankruptcy or close shop the day before you have a huge shipment planned for a new customer. Danny Monson, president and CFO of States Logistics Services Inc., offers these tips for verifying a service provider is financially stable—before you start […]
Read MoreMinimizing Supply Chain Risk
Lean concepts such as just-in-time, virtual inventory, supplier rationalization, and fewer distribution facilities reduce total supply chain costs. They also increase supply chain risk. Chris Cameron, solution architect at Exton, Pa.-based supply chain solutions provider Elemica, offers these tips for preventing supply chain disruptions. 1. Identify and assess current risk. Quantify and prioritize risk, then […]
Read MorePreparing Your Supply Chain For Seasonal Peaks
Failing to secure efficient labor, sufficient warehouse space, and reliable carriers for seasonal peaks can wreak havoc on your supply chain. Kyle Oslos, director of logistics for APL Logistics, offers the following advice to help you prepare for peak season. 1. Verify and clarify your relationships with staffing providers. Whether you use one temporary staffing […]
Read MoreCrafting Logistics Provider Contracts That Cover All the Bases
Before committing to a logistics service provider partnership, logistics managers must ensure they understand all the contract’s parameters. One way to accomplish this is by outlining the terms of the agreement before signing the contract. George Muha, regional director of third-party logistics service and solutions provider Transportation Insight, offers this advice on key factors to […]
Read MoreImproving Supplier Compliance
Developing an effective supplier compliance program requires a well-defined plan. To achieve success quickly, it is crucial to initiate the plan with the right suppliers. Peter Wharton, IBM’s team lead for commercial product marketing, offers this advice for ensuring supplier compliance. 1. Define a successful supplier compliance strategy. Clearly define the stakes and risks, and […]
Read MoreCutting LTL Costs
Saving money on less-than-truckload (LTL) procurement is a laudable goal—except when operational problems eclipse savings gains. Shippers who prioritize securing the lowest price from carriers may actually end up paying more because of costs embedded in carrier expenses—resulting in problems such as service degradation and supply chain disruption. Danny Slaton, executive vice president of supply […]
Read MoreTransloading to Maximize Cost Savings
Transloading offers a cost-effective way to bring ocean containers inland to distribution centers. By transferring cargo without sorting the contents for shipment to a single destination, transloading services can reduce total landed costs, and—when combined with value-added services such as palletizing and shrink-wrapping—reduce handling at the destination. Jeff McCorstin, senior vice president of air and […]
Read MoreComplying with Export Regulations and Requirements
Companies seeking to expand their markets by selling products overseas can easily become confused and overwhelmed by export regulations and filing requirements. Scott Byrnes, vice president of marketing for East Rutherford, N.J.-based global trade management solutions provider Amber Road, offers these tips for managing export compliance. 1. Gain support from the top. An organization must […]
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