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Tight Market for Industrial Real Estate Impacts Supply Chain Costs
The industrial real estate market is still recovering from the effects of the Great Recession of 2008-2009. The hangover from those years is now having a dramatic effect on the cost and availability of warehousing and distribution space in most key markets across the United States. Additional factors, such as positive demographic trends, expanding trade […]
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Three Supply Chain Risks and How to Address Them
Companies face three main sourcing supply chain risks: regulatory, brand erosion, and social compliance. Any one of these issues could lead to lost profits, product recalls, and customer erosion. At the same time, the longer the supply chain—with more levels of suppliers, disparate geographies, and other middle men, the more complex and challenging compliance becomes. […]
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The Next Frontier of Supply Chain Innovation: Analytics, LEAN and the Power of Big Data
Ongoing breakthroughs in big data and advanced analytics are nothing short of revolutionary. Executives at Gartner have said, "Information is the oil of the 21st century, and analytics is the combustion engine." The excitement is not simply about the scale and speed of information generation. It is also about big data’s potential impact. An example […]
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What is Globalization Doing to the World of Logistics?
Since the early 1990s, global trade agreements have divided the world up into larger and larger chunks of trading blocks where goods can flow virtually unimpeded across national borders that once protected their precious industries from outside competition with tariffs, duties and penalties. The Free Trade Agreement between the U.S., Canada and Mexico was signed […]
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Three Ways to Drill Down Costs in Oil & Gas Supply Chains
Here are three ways companies are optimizing their oil and gas supply chains and creating more predictable financial returns.
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Leverage Data to Navigate Uncertain Times
If you’re tracking the Producer Price Index, consumer spending surveys and driver shortage statistics, you know that the economy and the global supply chain are becoming more and more complicated. Increasing volatility in operating costs, capacity, consumer demands, technology evolution and government regulations are producing a blinding effect on many shippers. To restore insight and […]
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Supply-chain Visibility: Why It Still Leaves Decision Makers in the Dark
Everyone who manages logistics operations or relies upon logistics information wants better supply-chain visibility.The phrase "supply-chain visibility" means many things. To some, it means knowing where in-transit goods are. To others, it means understanding how much an organization spends for logistics services—by business unit, department, product line, etc. To still others, it means understanding the […]
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Traditional Supply Chain Models Will Be Extinct in 2025, Thanks to These 10 Disruptors
When 2025 rolls around, traditional supply chain models will be extinct, according to the 100-plus thought leaders and partners behind the U.S. Roadmap for Material Handling & Logistics. This open community spearheaded by MHI includes material handling and logistics practitioners, suppliers, academia, associations, publications and government. Each has a stake in the future of the […]
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Capacity Crunch
No, capacity crunch is not a cereal. It’s what almost every third-party logistics company (3PL) is dealing with today. It’s a shortage of trucks. Why are trucks in short supply? Let’s start with the economy. It’s pretty good right now. When the economy is good, it’s good for truckers. There are lots of goods to […]
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Changing Regulations Regarding Shipping Lithium Batteries Present Unique Hazards for Shippers, Carriers and Receivers
The world of Dangerous Goods (DG) shipping is complex and ever-changing. Take for example the changing regulations regarding shipping lithium batteries. While lithium batteries have delivered superior performance and reliability in an endless array of applications, the same technology that makes them so useful also presents unique hazards for shippers, carriers and receivers. Several significant […]
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