Articles

Partnership

Sean Coakley

Laying the Foundation For a Long-Term 3PL Partnership

Many companies start working with a third-party logistics (3PL) provider to fix an isolated problem at the lowest possible cost. Unfortunately, these relationships are often short-lived and serve only to fill an operational gap. But thoughtfully planned 3PL partnerships can produce invaluable results using a long-term approach that focuses on sustainable operational gains, rather than […]

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George Kontoravdis, PhD

The Fundamentals of Successful Value Chain Partnerships

Q: How can value chain partners cooperate to create and share efficiencies? A: With an unprecedented global reach, access to new markets, increased regulation, and huge advances in technology, today’s supply chain environment is more complex than ever. Coupled with increasing customer demands for speed, flexibility, cost efficiency, quality, and customization, it is very difficult […]

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Tom Sproat

Keys to Developing Strong Supply Chain Partnerships

Q: How can value chain partners collaborate to enhance performance and efficiencies? A: Collaboration among supply chain partners can improve supply chain performance, create new capabilities, and increase efficiencies. Meeting to review performance objectives helps build stronger partnerships based on definable measurements and greater transparency, and encourages more effective supply chain practices. Part of this […]

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Trends—March 2014

Trends—March 2014

Is the Jones Act Worth its Salt? A briny tale about a man named Jones, complete with international intrigue, American protectionism, twisted truths, and misplaced blame unfolded recently when a 40,000-ton shipment of road salt bound for New Jersey got waylaid in Searsport, Maine. The man in question is Wesley Jones, the U.S. senator from […]

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Chris Timmer

Scaling Supply Chain Partnerships

Partnerships are an interesting phenomenon in business. It astounds me that so many companies look for partnerships to remain static over time, even as market conditions change. Partnerships can’t maintain a status quo, regardless of the industry. They need to evolve. Scaling your supply chain can trigger some significant adjustments in the requirements of nature […]

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Paul A. Myerson

Collaborative Programs: Not a Chore But an Opportunity

Many corporate executives view the supply chain and logistics function as a source of savings through cost reduction. Their position is understandable, as supply chain and logistics costs can represent 50 to 70 percent of a company’s sales dollars. Making these operations more efficient and effective can have a great impact on the bottom line. […]

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Henry Cone

PVMI: A New Approach to Supply Chain Control

Vendor Managed Inventory (VMI) solutions are focused on keeping inventory off the manufacturer’s books until it is needed to fulfill customer orders. DB Schenker takes a broader view as part of a standardized solution called Production Vendor Managed Inventory (PVMI)—which enables the OEM to gain comprehensive supply chain control, something much more powerful than just […]

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Sri Ramadas

Know Thy Partner: Beyond C-TPAT

The globalization of supply chains has caused a major shift in trade partnerships. Partners are changing more rapidly than in years past. Relationships tend to be more focused on who can supply products cheaper, faster, at better quality, and U.S. companies are looking worldwide for competitive parts’ sources. With this new globally spread supply chain […]

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Kelly Christie

Five Ways to Drive Efficiency In International Logistics

If your international supply chain partners aren’t able to operate at optimal efficiency, they pass increased pricing on to your company. When partners don’t meet your expectations, it’s difficult to standardize the logistics flow, which reduces efficiency and decreases their level of commitment to your goals. Add the extra time your personnel spend working through […]

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Bryan Nella

Maximize Nearshoring Value to Minimize Supply Chain Complexity

Latin America—particularly Mexico—continues to gain favor as a sourcing hotspot. Its close proximity to the U.S. border has always been a draw, but recent developments have shifted the global trade landscape in favor of the Western hemisphere. Nearsourcing may never entirely replace production in Asia, but trading partners in the Americas should be an essential […]

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Jett McCandless

Brokers Are Commoditizing LTL Carriers… And That’s a Good Thing

Much discussion in the transportation industry centers around how less-than-truckload (LTL) resellers, or brokers, are commoditizing the LTL carrier marketplace. While carriers don’t claim that brokers are packaging up their contracts and listing them on the Chicago Board of Trade to be exchanged like pork belly futures contracts, some do believe resellers are stripping the […]

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Building a Core Carrier Program

When developing a base of reliable core motor carriers, customer service and on-time success typically drive the selection process. But don’t overlook factors such as company stability and labor quality. Streamline your carrier program to a select few using the following tips. 1. Look beyond cost. When selecting partners, don’t focus solely on cost-cutting strategies. […]

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How to Take Advantage of Intermodal Transportation

How to Take Advantage of Intermodal Transportation

Looming truck driver and capacity shortages, freight rate increases, Hours-of-Service and CSA regulations, and sustainability mandates are compelling many shippers to consider domestic intermodal solutions for the long haul. Perceptions are changing. There are fewer excuses and less resistance. Market constraints aside, rail services and intermodal transit times have become more dependable, making it easier […]

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