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The Panama Canal Expansion Will Be a Supply Chain Game Changer
The upcoming Panama Canal expansion is much more than just a story of bigger ships and increased trade for East Coast ports. It will also have a substantial impact on the U.S. supply chain and its efficiencies. By lengthening, widening and deepening the locks, the Canal will accommodate much larger ships. In fact, the largest […]
Read MoreReverse Logistics: The Untapped Revenue Stream
Reverse logistics has become an area of high priority for companies looking to reduce costs, add efficiencies and improve the customer experience. As a result, manufacturers are uncovering the hidden value of returned assets and streamlining return, repair and product reallocation processes. Once a supply chain afterthought, reverse logistics has evolved into a highly complex […]
Read More3PL Capability is Key to Logistics Cost Reduction
MORE TO THE STORY: How to Find a 3PL-Third Party Logistics Provider Logistics, inventory and transportation costs continue to climb, according to the 2011 State of Logistics report released by the Council of Supply Chain Management Professionals (CSCMP). Although overall economic conditions improved slightly in 2010, internal supply chains continue to account for double-digit cost […]
Read MoreExcellence in Supply Chain Execution
Our clients in industries such as automotive, aerospace, hi-tech, retail and consumer goods are emerging from one of our nation’s most trying economic times. Faced with serious pressures to cut costs and boost profits, many companies have re-examined how they source, store and deliver their products. Flexibility, innovation and the ability to operate with virtually […]
Read MoreGlobal Air Service That Inspires Customer Confidence
When you buy global air transportation services, what you are really buying is confidence. That’s because when you send freight by air— and when your customer is anxiously waiting for that shipment to meet production schedules or avoid penalties— no one can afford uncertainty. The freight has to be there on time, period, no matter […]
Read MoreAchieving Competitive Advantage: How the Right 3PL Partner Can Help You Dominate Your Market
In today’s marketplace, all too often there is a disconnect between 3PL performance and clients’ expectations. As established 3PL companies mature and less robust players continue to enter the market, the gap between client expectations and 3PL deliverables continues to grow. Most 3PL value propositions focus primarily or exclusively on a client’s financial performance. Profit […]
Read MoreProtect Your Supply Chain From Merger Mania
In recent months, several third-party logistics (3PL) providers have merged to form large conglomerates, and consolidation in the 3PL market is likely to continue. Although the trend is not new, the New Year is a good time for companies to take a closer look at 3PL relationships and consider how they impact supply chain performance. […]
Read MoreGaining Alignment With Your 3PL is Key to Supply Chain Success
When choosing a supply chain partner, it is essential that goals, expectations and strategy are all in alignment. In order to achieve this synergy, open and honest communication between business partners needs to be in place to move the relationship beyond one of simply executing services to one of real collaboration. Measurement, monitoring, and corresponding […]
Read MoreIntegrate Contract Packaging Into Distribution Operations to Cut Costs by 30%
Specific consumer products look exactly the same when they roll off the manufacturing line. To satisfy retailer requirements, however, these identical products are wrapped, sealed, tied and packed in dozens, even hundreds, of different ways for presentation on the retail shelf. Consumer packaged goods (CPG) companies often outsource final packaging to outside contract packagers, adding […]
Read MoreValue Added Services Bring Flexibility to the Supply Chain
A new wave of demand for value-added services requires more capabilities of retail vendors and their logistics providers.
Read MoreWarehousing Firm Thrives on Modernization
Customer satisfaction based on timely, accurate, and cost-effective services has always been our mission,” exclaims Fred Ferber, president of Ferber Warehousing. Just ask one of the more than 650 clients who have faithfully utilized Ferber’s warehousing facilities. One example is Jason Twymon, project manager, IAC, who was in a quandary on how he was going […]
Read MoreTime to Reconsider Your 3PL Strategy
Third-party logistics companies come in many different forms, and for a while there was not much barrier to entry into the marketplace— particularly the less-than-truckload segment. Until even recently, the following recipe could be utilized to form a 3PL: Ingredients: Freight to leverage Growth potential Industry knowledge Technology— in any form Instructions: Take one former […]
Read MoreTMS Evolved: Intelligent Execution Tools That Add Context
Evolution is inevitable, isn’t it? It makes sense that transportation management systems should evolve as well. While the concept of Moore’s Law does not necessarily apply to TMS advancements in its short lifespan, there are current improvements available that are making shippers stand up and take notice. The newest improvement has been the ability to […]
Read MoreIt’s Time to Start Looking at the Future and Preparing for the Long Haul
The challenges of the current economy and the availability of capacity have driven truckload prices to their lowest point since 2005. While most shippers have seen great opportunities with the decline in pricing, the market is changing. As recent research from Noel Perry and FTR Associates indicates, market pricing bottomed out in the second quarter […]
Read MoreReady for the Rebound
One good thing about difficult times is they drive people to take action. It’s easy to be nonchalant about counting pennies when dollar bills are everywhere. But when things get tight, lip service surrounding efficiency and automation just won’t do. Tomorrow’s leaders are using the recession to address manual processes, paper and other inefficiencies. Using […]
Read MoreImmediate Steps Toward Supply Chain And Transportation Integration
Finally! Now, there is much more action toward integrating the transportation function into the Supply Chain. For years, there has been the realization of the high volume of money being wasted associated with transportation expenses—inbound, outbound and "plant-to-plant." Let’s look at some industry numbers: Overall inbound, production-related and outbound transportation is often the 3rd highest […]
Read MoreWhy Shippers Should Care About Total Landed Costs
The unprecedented economic downturn, combined with the very unpredictable changes in key supply chain variables over the last few years, shows why shippers should take a more holistic approach when making network configuration decisions. The dramatic spike in fuel prices last year serves a perfect example. The fuel ≥crisis≤ was a catalyst that forced companies […]
Read MoreIt’s 2009. Do You Know Where Your Freight Dollars are Going?
The last two years have proven to be very stressful ones for most supply chain managers. Hundreds of firms have failed and thousands of jobs have been lost throughout the industry. Most managers of virtually all functions are under more pressure to meet corporate goals than ever before. According to the recent CSCMP State of […]
Read MoreMeasure Your Way to Exceeding C-Suite Expectations
With organizational performance demands at an unprecedented high, the C-Suite is scrutinizing every cost of doing business and looking for places to cut costs while enhancing customer service. Constantly changing corporate goals and the mandate to do more with less adds stress to heightened business goals. One thing is clear: Changes made to your business […]
Read MoreMake Sure TMS Stands for ‘Time-to-Market Savings’
Broad agreement exists nowadays among logistics managers that Transportation Management Systems (TMS) are a useful—many would say powerful—addition to their arsenal of tools. After all, a good TMS will automate quoting, tendering, billing, and a host of other shipping activities. It will optimize modes, routings, and costs while providing unprecedented visibility to shipment status and […]
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