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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 […]
Read MoreUnderstanding 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 […]
Read MoreSoftware 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 […]
Read MoreGlobal 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 […]
Read MoreResponsive and Flexible Logistics Management Solutions for 2012 and Beyond
For many companies, the biggest challenge is that the world is changing, and they are asking, "How should we respond to the rapid growth in Asia and other emerging markets and manage the longer supply chains? And, how do we react to volatile fuel pricing and unpredictable demand, security issues and changing regulations affecting the […]
Read MoreThe Role of Cloud-Based LTL Content in Smarter Supply Chains
Cloud computing is quickly coming into its own: Its virtual, service-oriented, location-independent architecture is used across a whole host of industries to provide on-demand content for accurate decision making. The U.S. freight industry is quickly catching on to the value of actionable content delivered via the cloud, which easily lends itself to supporting effective supply […]
Read MoreTough Economic Times Require LEAN Logistics Solutions
With economic pressures rising, companies must seek ways to evaluate their current state, and design a future state that surpasses their strategic goals and their customers’ expectations. Manufacturers, retailers and distributors are constantly working to improve their performance in quality, cost, delivery and service. With those goals in mind, forward-thinking organizations are pursuing LEAN assessments […]
Read MoreJoplin is Rebuilding and Open for Business
On May 22, 2011, the most devastating, deadly single U.S. tornado in six decades ripped through the city of Joplin, Missouri and the neighboring village of Duquesne. With winds of nearly 300 miles per hour, the tornado carved a path 10 miles long and nearly one mile wide through the two communities. The death toll […]
Read MoreThe 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 […]
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