Articles
IT Matters: Logistics & Supply Chain Technology
10+2: Origin and Destination in Collaboration
The clock is ticking for importers struggling to become compliant with Customs and Border Protection’s (CBP) Importer Security Filing regulation, commonly known as the 10+2 initiative. On Jan. 26, 2010, the interim final rule becomes mandatory, allowing CBP to begin assessing damages for failure to meet the new data-filing requirements. The key to successful 10+2 […]
Read MoreFrom Click to Curb: Earning and Keeping E-commerce Customers
For consumers who want to avoid dealing with overzealous salespeople and crowded stores, online shopping offers the perfect alternative. U.S. online sales are expected to grow from $132 billion in 2006 to $271 billion in 2011, according to a study by Forrester Research. The same report estimates that the e-commerce market segment could soon claim […]
Read MoreSuccessfully Managing Long-Tail Inventories
The concept of the long-tail retail environment refers to the extended downward slope of a unit sales curve that, when illustrated graphically, depicts a “long tail” as demand wanes toward zero. Introduced by Wired Editor in Chief Chris Anderson in 2004, the term originally described Internet-based companies, such as iTunes or Amazon.com, whose environments are […]
Read MoreCan You Afford to Ignore Supply Chain Risk?
As companies gravitate toward a “build anywhere, source anywhere, sell anywhere” mind-set, supply chain risks—entering into long-term contracts at unfavorable prices or sub-optimal quality, excessive dependence on one geography or supplier, lead time variability, and supply disruptions caused by natural disasters—assume greater proportions. Any supply chain setback could negatively impact average operating income and return […]
Read MoreReal-Time Location Systems Cover Your Assets
The ability to track assets in a broad geographic area, typically outdoors, is key to transportation management. Satellite and cellular network-based technologies are often used for real-time asset tracking outdoors. But to track assets indoors—in factories, warehouses, or other controlled environments—Global Positioning Systems (GPS) and cellular-based systems lack sufficient signal strength. Alternative techniques employing low-cost […]
Read MoreE-Commerce Tools Can Speed Ocean Trade
In the days before e-commerce, the only way to orchestrate an ocean container shipment was to call and fax every party to the shipment. This world still exists, but it’s fast being superseded by e-commerce tools that free shippers to manage supply chain risk and efficiently serve customers instead of chasing down details and coping […]
Read MoreGTM Technology: Why Not?
Global trade management (GTM) software simplifies trade compliance, provides visibility across the supply chain, and offers effective manufacturing cost sourcing. Yet the international supply chains of large companies are 50 percent automated at best, according to Aberdeen Group. This statistic begs the question: Why aren’t more companies investing in GTM software? Some businesses develop their […]
Read MoreImproving Fleet Management Performance
The nation’s trucks hauled 10.7 billion tons of freight in 2005, according to the American Trucking Associations’ truck tonnage index. This figure represents nearly 70 percent of tonnage, including manufactured and retail goods, carried by all domestic freight transportation modes. Yet many in the trucking industry have been slow to recognize the strategic importance of […]
Read MoreSelecting the Right Warehouse Management System
The typical warehouse buzzes with activity every day. Products arrive at the loading docks, forklift drivers shift pallets around the floor, automated retrieval systems pull goods for shipment. Warehouse management systems (WMS) provide tools for keeping track of all that action. Today, dozens of technology vendors – from well-established to relatively new – offer warehouse […]
Read MoreLocation-Based Services Put Efficiency on the Map
Enhanced productivity. Cost savings. Revenue increases. Improved customer relations. These are among the most important – and most widely acknowledged – benefits of deploying location-based service (LBS) tools such as geographic positioning systems (GPS) and street-level routing (SLR). Add one more benefit of emerging importance that will have significant impact over time: reduced emissions. Corporations, […]
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