Articles
IT Matters: Logistics & Supply Chain Technology
Benchmarking Keeps Logistics IT Outsourcing On Track
Logistics departments rely on technology to drive operational excellence. Benchmarking—analyzing an organization’s performance against the comparable activities of another or its own over time—has traditionally been applied to validate and/or improve a service contract’s value. In an economy characterized by unstable growth and eroding margins, optimal logistics IT performance is necessary for companies to remain […]
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The Three Pillars of Effective Returns Management
Returns management presents both challenges and opportunities for inbound logistics. Waste management regulations and non-compliance penalties are increasing. Rising commodity prices and a growing secondary marketplace, however, create an opportunity to recover value from used and scrapped materials. A cost-effective reverse logistics program connects the incoming supply of returns with the product information and demand […]
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Managing Supply Chain Disruptions
These are challenging times for supply chain managers. During the past few years, a range of events and natural disasters has severely disrupted global supply chains, causing far-reaching effects across diverse geographies and markets. Yet today’s logistics landscape also holds huge potential for supply chain technology developments that help organizations better manage catastrophic events, as […]
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Use Transportation Planning for Competitive Advantage
Learning to thrive in a volatile market goes beyond simply controlling its effects; successful companies must navigate challenges to create competitive advantage. Three factors add complexity for today’s transportation planners. First, the U.S. gross domestic product grew by two percent in the third quarter of 2011, with personal consumption up 2.3 percent. Increased spending creates […]
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5 Steps to Improving Food Product Traceability
Food safety represents a pressing concern for consumers and food retailers. Several high-profile incidents have cost billions due to sickened consumers, lost sales, and contaminated products. If these occurrences have taught U.S. retailers anything, it’s that the ability to react swiftly and appropriately to food-related issues is essential. The passage of the U.S. Food and […]
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Safeguarding Your Supply Chain Against Rising Fuel Prices
Rising fuel prices have affected most supply chains through fuel surcharges or increased component and operating costs. By planning ahead and evaluating where your supply chain activities are performed, as well as your current processes, you can face these challenges head-on and reduce the impact on your operations and the bottom line. Prepare your supply […]
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RFID and Supply Chain Visibility: You Can’t Manage What You Can’t See
Smart companies are striving to reduce costs, improve service, and increase return on investment throughout the supply chain. Automation-based solutions can play a crucial role in meeting those goals, and many organizations consider radio-frequency identification (RFID) technology a major force in transforming global supply chain automation and visibility. It’s hard to manage what you can’t […]
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Building Operational Excellence Through EDI
While many companies leverage EDI (electronic data interchange) to comply with trading partner requirements, few take advantage of EDI to drive operational excellence. Limiting EDI use to fundamental transactions, such as purchase orders and invoices, leaves money on the table and misses an opportunity to strengthen customer service and overall competitiveness. Companies achieve the greatest […]
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Inventory Intelligence: The Key to Unlocking Omni-channel Retailing
Omni-channel retailing–providing shoppers a seamless experience through all channels–combines the flexibility of cross-channel and mobile shopping with the revenue- and loyalty-building capabilities of a face-to-face retail experience. Because keeping availability promises is vital to omni-channel success, retailers depend on integrated IT systems. Retailers who succeed at integrating their inventory intelligence can cut costs, accelerate turns, […]
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Cloudy Days Ahead for Global Logistics
Cloud-based systems are innovating the way businesses connect by optimizing functionality and establishing networks that serve as global business process hubs. They bring order to the chaos created by the hundreds of processes that occur within a supply chain each day, coordinating real-time information being shared across relevant trading partners. Without a standard business-to-business communications […]
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Maximizing TMS Resources Helps Achieve Sustainable ROI
These days, logistics managers need to achieve higher productivity levels and deliver better customer service at a lower cost, faster than their competition. Some wonder if they can achieve their goals with the resources available to them. Many organizations turn to a transportation management system (TMS) for the answer. Thanks to Software-as-a-Service (SaaS) technology, shippers […]
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Rallying CFO Support for Your Supply Chain Initiatives
Chief financial officers are not accustomed to making money from the supply chain. Most CFOs, in fact, could use an education on the benefits of supply chain efficiency and visibility. So how should you approach your CFO to get buy-in for your next major supply chain visibility initiative? Present your case the right way. Here […]
Read MoreGoing Mobile: Optimizing Inventory Management
One of the easiest ways to save money in your organization is by operating efficiently and productively, with no wasted resources. Central to this strategy is having the right amount of product at the right time—no more, no less. By optimizing inventory, organizations are able to improve customer service levels up to 25 percent, according […]
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Retail Recovery Depends on an Integrated Supply Chain Strategy
Although retail sales have shown some increase in early 2011, many economists caution that spending will remain modest as long as wages stay flat and job creation weak. Even as consumers begin to loosen their purse strings, it is essential for retailers to remain cautious and operate at the most efficient levels possible to ensure […]
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Who’s Comparing Your Import Data?
If you don’t file accurate import data with U.S. Customs and Border Protection, you put your company at risk for penalties and fines, warns Kevin Shoemaker, director, global solutions for Integration Point Inc.
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Top Five Ways Warehouse Management Systems Deliver ROI
As the economy recovers, many companies are considering upgrades to their existing warehouse management systems (WMS) or deciding to invest in a WMS for the first time. All executives making these decisions want to know when they can expect to see a return on investment (ROI) for their technology selection. Here are five areas where […]
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Navigating Global Supply Chain Risks
Risk management is an essential ingredient in global logistics planning. Unexpected events such as natural disasters, political unrest, regulatory constraints, and product recalls can disrupt the supply chain and, in turn, negatively impact sales, profit, and a company’s reputation in the market. Many companies, however, are still in reactive mode when it comes to adapting […]
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Managing Labor Boosts Warehouse Operations
When up against competition, service is the name of the game, and your labor force is the most important tool you have to win business and increase profitability. Labor management tools help you determine whether your workforce is able to perform at the level necessary to deliver cost-effective service to your customers. With the data […]
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The Power of Flexible Transportation Management
A primary concern for shippers today is how the recent economic downturn will increase transportation expenses. Capacity will continue to shrink as the economy strengthens. Many carriers are no longer in business, and with 3PL and carrier consolidation, there is concern that service offerings will be less flexible. Shippers want to reduce transportation costs and […]
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Crack the WIP for a Leaner Supply Chain
As the nation begins to emerge from the economic downturn, companies are focusing efforts on reducing costs and streamlining work to prepare for the increased demand recovery will bring. Implementing a lean culture to eliminate waste in every area of the value stream will be a key focus for many operations. At the core of […]
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