Articles
IT Matters: Logistics & Supply Chain Technology
You’re Faced With a Recall. Can You Find That Product?
Product recalls cost the U.S. economy $7 billion annually, according to the Washington Post. Yet most U.S. companies still struggle with real-time inventory visibility, and managing inventory across their network of suppliers, distributors, and manufacturers. With the average product recall costing $10 million, the inability to quickly and effectively recall product presents a huge risk […]
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Yard and Dock Management Tools: An Extra Set of Eyes in Your Facility
Facility managers and warehouse executives face unique challenges as global supply chain complexity grows. While many issues and costs associated with moving materials and products are out of their control, optimizing yard, dock, and warehouse processes can increase operational and logistics efficiency. Designed to eliminate common and costly logistics problems, yard and dock management systems […]
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Measuring the Value of Collaboration
Structured, achievable supply chain collaboration that drives savings relies on the relationship between purchasing and inbound logistics departments. Without real collaboration, two distinct decision-making processes exist based on separate performance metrics and personnel incentives. Buyers determine what orders to place. Logistics planners determine how to route the shipments. Buyers strive to avoid stock-outs while keeping […]
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Why Innovation Matters for Rugged Mobile Technology
The proliferation of smartphones and tablets is giving many logistics IT and operations leaders pause. They are questioning what these mobile computing trends mean to their operations, and their potential impact on traditional rugged mobile computing for supply chain and logistics applications. Behind the innovation in smartphones and tablets is a deep understanding of how […]
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Why Supply Chains Need Business Intelligence
Companies that want to effectively manage their supply chain must invest in business intelligence (BI) software, according to a recent Aberdeen Group survey of supply chain professionals. Survey respondents reported the main issues that drive BI initiatives include increased global operations complexity; lack of visibility into the supply chain; a need to improve top-line revenue; […]
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Embarking On an IT Modernization Journey
Planes, trains, and automobiles represent just a few possibilities to consider when moving an object from Point A to Point B. To secure a competitive advantage, shippers must ensure the transportation services they buy are safe, modern, reliable, and competitively priced. Many transportation providers have realized these goals by investing in an information technology (IT) […]
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“Sell By” Dates Cost Shippers Billions in Wasted Perishable Goods
Every milk carton and other perishable packaged food item bears date-stamped tags such as "Display Until," "Best Until," and "Sell By." Did you know that these dates are not intended for consumer use, and do not indicate when the food is spoiled? They are only intended for retailer use. Yet billions of dollars worth of […]
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3PL Value-Adds Mean Millions
You hate to say it, but everyone knows it: Today’s third-party logistics (3PL) relationship is transitional. Many 3PLs live and die by the freight rates they offer clients. Why? Because your shippers see the relationship as transactional, and trucking-focused. Shippers write checks for shipping expenses nearly every day, and freight is in the forefront of […]
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Filling the Cloud with High-Quality Data
The millions of dollars spent on supply chain software are squandered if data flowing through it lacks integrity. An attractive, feature-laden application is like a Ferrari—it only runs well when the right fuel flows through the engine. In this case, data is the fuel that powers this impressive vehicle. Without it, only the glitzy exterior […]
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Handling Change: There’s an App for That
Eighty-nine percent of business leaders are either experiencing or anticipating external volatility or change to impact their business, according to a recent survey. And 91 percent expect internal change in products, channels, services, or markets to create planning challenges. Given that most business leaders must manage some sort of change within their demand-supply networks, why […]
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Can Your Global Supply Chain Withstand a Crisis?
Natural disasters, fluctuating oil prices, and other global factors continue to disrupt the flow of essential equipment and goods for manufacturers worldwide. For many companies, it has triggered a critical question: Can our organization’s supply chain withstand a major upheaval? It is an important question, because the flow of money through a supply channel determines […]
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Wireless Workstations Unplug Savings
Thanks to wireless technology, carts with on-board power supplies are opening new frontiers of efficiency, productivity, and profitability in distribution centers (DCs). These mobile- powered workstations (MPWs) carry computers, bar-code scanners, and printers, reducing paperwork and operator travel. DC employees can waste countless hours walking to and from deskbound computers to perform tasks such as […]
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Mobile TMS Applications Improve Supply Chain Visibility
Online applications for mobile devices are emerging in ways that can finally close or reduce many of the information gaps in the supply chain between transportation planning, the shipping/receiving dock, customers, and even accounts payable. These mobile applications are enabling shippers to interface directly and more effectively with logistic partners; access logistics information in non-traditional […]
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Improving Logistics and Distribution Processes at International Subsidiaries
Large enterprises continue to set up international subsidiary operations to find opportunities for growth. These subsidiary operations include sales and distribution offices, small operating divisions, customer service units, and joint ventures. They often need to develop their own logistics and distribution mechanisms to receive inbound shipments, store inventory and deliver orders to their customers. Unlike […]
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Discovering the Value of Analytics
Many companies are building analytics strategies, which use data to facilitate better decisions. To develop improved analytics strategies, consider the three different types of analytics: descriptive, predictive, and prescriptive. Each type uses data in a different way to provide a different type of value. Descriptive analytics: Using data to improve how you describe or report […]
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Containerization’s Benefits Can’t Be Contained
Today’s leading companies are reexamining their supply chain operations, and implementing new strategies and technology to improve performance and enhance efficiencies. Moving cargo in containers, or containerization, is one area of opportunity shippers can leverage, not only in downstream transportation and logistics functions, but also in unexpected upstream supply chain planning functions. In its simplest […]
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Sharing Data Creates Optimal Supply Chain Visibility
In the past decade, analysts have written volumes about the value of supply chain visibility and execution systems. It’s hard to argue with the concept. When all supply chain partners’ systems work together to fulfill orders perfectly, execute on-time shipments, and provide early alerts to problems, life is good. Many companies have turned to on-demand […]
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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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