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Knowledge Base
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, […]
Read MoreConnectivity-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 […]
Read MoreThe 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. […]
Read MoreOutsourcing 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 […]
Read MoreUsing 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 […]
Read MoreVisibility 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 […]
Read MoreUnderstanding 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 […]
Read MoreCalgary, 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 […]
Read MoreThink 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 […]
Read MoreProper 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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