Articles
Viewpoint: Logistics & Supply Chain Analysis
Four Reasons Retailers Should Pay Attention to Reverse Logistics
Many retailers have long emphasized agility and cost-efficient movement of freight to stores or customers. However, they often neglect reverse logistics, resulting in missed opportunities for the entire consumer goods supply chain. The multi-channel model—which enables consumers to buy anytime, anywhere—has significantly impacted the retail industry and given rise to the following reasons why retailers […]
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Ensuring Business Sustainability During Disasters, Disruptions, and Service Failures
We have seen horrific natural disasters in recent years that taxed both supply chains and our core businesses. Approximately 85 percent of global supply chains experienced at least one significant disruption during 2013. This affects both an organization’s bottom line and its ability to be there for customers. Businesses that survive natural disasters, operational interruptions, […]
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Why Retailers Put Their Sleighbells on in May
The sun is shining and the weather is warm, yet the world’s top retailers are humming holiday tunes and preparing for the busy season ahead. Retailers often prep for holiday delivery logistics months in advance, but 2014 saw them beginning preparations earlier than ever—in May. And who could blame them? We all remember last year’s […]
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Intermodal Transportation’s Solution to Our Evolving Supply Chain Demands
One of the top supply chain trends impacting the transportation industry today is intermodal transportation. Over the past few years, capacity has been squeezed with driver shortages, increased demand, increased fuel prices, and heightened government oversight. All these extenuating circumstances affect everything from pricing to timing of loads, and executives are looking for the answer […]
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Making Hazmat Regulation Compliance Less Hazardous
Hazardous material (hazmat) transport regulations can often seem like a foreign language. An abundance of unique terms leaves many shippers perplexed. Even the phrase "hazardous materials" can be confusing because the term "dangerous goods" is standard outside the United States. And with regulations constantly shifting and changing, it gets increasingly harder for shippers to remain […]
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The Spot Market – And How Not to Use It
Many shippers don’t realize that they are sabotaging themselves in the spot freight market. It is standard rationale that competitive bidding achieves a lower price. However, our application of that principle distorts Adam Smith’s law of supply and demand by creating a false demand “bubble” that results in higher prices and less profit for shippers. […]
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How to Determine Whether Your Freight Broker Is Legitimate
Wouldn’t it be great if you did your business trusting all of the parties involved without a shadow of a doubt? Sometimes this is indeed possible – when you’ve worked with the same partners for years, and you’ve managed to build a work environment of mutual trust and cooperation. Most of the time, however, it’s […]
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Six Key Areas Every Purchasing Expert Should Address
There was a time when purchasing was a relatively straightforward task. You found the best price at the best terms and negotiated a contract. Signed. Sealed. Done. Sorry to say those days are long gone. When considering the company’s needs, you need to look very closely at the current economic conditions and trends, and base […]
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House Members Seek to Set Due Diligence Standards for Motor Carrier Hiring
On May 22, 2014, Representatives Duncan (R-Tenn.), Paulsen (R-Minn.), and Davis (R-Ill.) introduced legislation in the United States House of Representatives entitled “To enhance interstate commerce by creating a National Hiring Standard for Motor Carriers,” H.R. 4727 (the “Bill”). If the Bill were to be enacted into law, the states would be prohibited from imposing […]
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Retailers, Watch Your Waste Lines
Hazardous waste is no longer an issue facing only industrial manufacturing companies. It has become an area of significant concern for retailers, too. When it comes to managing hazardous waste, retailers must strike a precarious balance between complexity and control. The repercussions of achieving this balance can be significant. Not only do such infractions place […]
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