Articles
Knowledge Base
Opportunities in the Southeast are Fueling Logistics Growth
It’s no secret that the Southeast has experienced tremendous growth as a logistics market over the last decade. There are many reasons behind this growth. The region is home to 45 percent of the U.S. population. It also has a strong transportation infrastructure and access to seaports. That, coupled with relatively low labor and real […]
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Saving Time and Money Through Automation
au•to•ma•tion (n): The technique, method, or system of operating or controlling a process by highly automatic means, as by electronic devices, reducing human intervention to a minimum. — Dictionary.com The number-one expense for brokers and 3PLs is payroll. Every function employees deal with has a cost in hourly pay, salary, or commission. Whether they are paid […]
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Have You Seen That 584-Page ‘Map’ Yet?
If you are reading this magazine, you are likely either directly or indirectly involved in the $700 billion domestic freight industry. So you know that to be successful, every logistics organization must overcome hurdles that challenge profitability, on-time service and, most importantly, safety. One of these hurdles should not be a marketplace that tolerates carriers, […]
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Extended LEAN™ Increases Speed to Competitive Advantage. Continuous Improvement Method Takes Companies from Surviving to Thriving
Most operations and logistics leaders have spent at least part of their careers implementing LEAN principles within companies to improve quality, cost and delivery performance. The majority likely learned basic LEAN methods in week-long doses of kaizen ("good change" in Japanese) events trying to reduce wastes. Today many of those early adopters—and new LEAN thinkers […]
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Mobility Solutions That Improve Field Productivity
The freight and logistics industry is truly a mobile world. People, products, and packages are constantly on the move from one location to another, and employees are increasingly using smartphones in their daily lives—with all the benefits of continuous, high-bandwidth connectivity, stronger device capabilities, and more targeted applications. So how can the industry take advantage […]
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Transportation Payment—Bank on a Better Way
The definition of "carrier" is pretty straightforward: an entity that transports freight. Carriers are in the transportation business, plain and simple. Actually, not so simple. Carriers are also in the credit business. Unintentionally, to be sure, but they are. When carriers set payment terms of 45 days, they are essentially extending credit to the shipper […]
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Best Practices to Manage International Freight Spend
Many companies have switched operations to low cost suppliers—only to find that higher than expected transportation expenses outweighed the benefits. In fact, the logistics costs associated with operating a global supply chain can be 6 to 11 percent of revenue, roughly three to five times more than a domestic supply network. A recent AberdeenGroup report, […]
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Connectivity-Visibility-Optimization: Three Keys To a Successful Supply Chain Trading Partner Network
2013 has been called the Year of the Network by numerous supply chain and transportation industry thought leaders. A well-oiled trading partner network allows one-to-many and many-to-many partners to collaborate and communicate using a single source of truth garnered from real-time information. Harnessing this collective power provides a competitive advantage as well as the flexibility […]
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The Lean Supply Chain: A Field of Opportunity
Businesses all around the world are familiar with the value of lean principles. The current conditions of globalization and competitive environments require operating a lean business now more than ever. Lean principles teach to eliminate waste and focus only on those things that result in customer value—ultimately building business cultures that focus on problem solving. […]
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Outsourcing for Newbies, and a Refresher for All
While Fortune 500 companies routinely outsource everything from distribution centers and transportation management to packaging, freight audit/payment and other functions, your up-and-coming company may only need to outsource a single function of its operations, perhaps a combination. It’s rarely an easy decision process, but the objective is always clear. Growing companies need access to better […]
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Using Strategic Acquisitions to Satisfy Your Customer Base
Global shippers continue to face supply chain challenges that seem to change more often and more dramatically than ever before. They require logistics partners who can react to these changes and help them navigate the complexities of global trade. Shippers want 3PL partners that not only responsively evolve service networks and capabilities to flex with […]
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Visibility is the Key to Mitigating Supply Chain Risk
As last year’s tsunami in Japan and massive floods in Thailand demonstrated, natural disasters and other events a world away can wreak havoc on supply chains, forcing sudden and major disruptions in business operations. While it may be impossible for a company to entirely escape the consequences of a widespread deluge, volcanic plume or labor […]
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Understanding the Implications of Related Party Transactions and Transfer Pricing
Many multinational organizations are embracing tax-effective supply chain management to reduce costs and increase margins. Supply chain managers need to understand the ramifications of these tax-based strategies when it involves the transfer of tangible goods to their own foreign subsidiaries or parent companies. Reducing taxes is a desirable outcome, but not when it runs afoul […]
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Calgary, Alberta: Western Canada’s Distribution Hub
What makes a great distribution hub and logistics center? Access to markets, availability of serviced land and logistics parks, cost-effective business environments, and a highly skilled labor force, to name a few. Hong Kong, Amsterdam and Los Angeles are prominent cities that have been demonstrating leadership over the past decades, but Calgary, Alberta, Canada has […]
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Think Outside the Border
Companies of all sizes are benefitting from international trade, and those that don’t are getting left behind. Whether your company is small, mid-sized or a global multi-national, there is a way for you to get in the global trade game. Global Solutions For Global Companies For large North American companies operating in multi-national markets, moving […]
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Proper Care and Nurturing of a Supply Chain
Supply chain can be complicated, but managing it effectively doesn’t have to be. Creating a superior supply chain is like parenting a baby through adulthood. It requires continual focus, monitoring, and care. Taking your eyes off your baby can be costly! But with proper care and nurturing, you can grow something that performs beautifully—even in […]
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Hey! Your Numbers are Trying to Talk to You!
I run across many companies in my travels. For a while, I’ve been centering a bit on different companies’ methodologies for the continuous quest of supply chain network optimization, amongst other things. Some do quite a bit of planning and research, even hiring consultants, while others, it appears, do not. Particularly, the methodology for the […]
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Understanding INCOTERMS 2010
An Inbound Logistics article in October 2003, “Understanding Incoterms,” does an excellent job of explaining the concept of Incoterms, why they are necessary and how they work. We’d like to bring this article up-to-date with a discussion of the changes to Incoterms that began in January 2011. To recap, Incoterms are an internationally accepted set […]
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Software as a Service: Changing the TMS Landscape
In 2009, a major cable manufacturer was faced with rising LTL costs, a disorganized supply chain, and a severe lack of reporting capabilities. The recovering freight market forced carriers to raise rates, and the manufacturer was told by its LTL carrier base it was at a "less than optimal operating ratio." The shipper needed a […]
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Global Supply Chain Strategy: Decision Points
As a former sea captain, I will never forget the first time I approached a junction buoy. This buoy is essentially a fork in the road, floating on the water, which marks where a waterway splits into two channels and indicates the preferred channel to transit. The options were: steer to the preferred channel and […]
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