Articles
Partnership
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
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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A Strategic Approach to Strengthening Supply Chains
Q: What is a leveraged platform? A: A leveraged platform means a logistics service provider employs the same best practices to manage its own supply chain needs as it does for its client base. Benefits to shippers include mode optimization and greater usage of co-load products, as well as intermodal conversion from truckload (TL), or […]
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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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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. […]
Read MoreThe New 3PL Partnership: More Bang for Your Buck
Sure, third-party logistics providers will tune your transportation transactions. But their real value lies in strategic relationships that optimize your entire enterprise.
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Cargo Security: Protecting the Supply Chain
Whether on a truck, in a warehouse, or at a port, your shipments are vulnerable to theft. Learn how to reduce that risk and keep your valuable cargo safe.
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Risk Mitigation: Supply Chain Safety Net
Meeting demand without overinvesting in safety stock can be a real balancing act. Risk mitigation strategies protect shippers from landing hard when supply chain disruptions occur.
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Looking for One Logistics Partner That Does Everything with Excellence?
An Enterprise Logistics Provider Delivers Holistic Solutions that Transform Your Business.
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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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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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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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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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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 […]
Read MoreBuilding 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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Vendor Compliance: Setting Them Straight
Drive out inefficiencies and boost customer service by aligning with vendors to meet your supply chain goals.
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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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How to Transform Your Supply Chain Through a 4PL Approach
When companies have a huge hill to climb in strategic business process change, radical growth they don’t know how to handle, market volatility, acquisitions, or significant supply chain performance issues, a fourth-party logistics (4PL) provider strategy can help align and direct projects with an eye toward future goals. The 4PL engagement begins with formulating a […]
Read MoreAssessing Your Provider’s Financial Stability
There’s nothing worse than hiring a logistics provider or carrier, then having it file for bankruptcy or close shop the day before you have a huge shipment planned for a new customer. Danny Monson, president and CFO of States Logistics Services Inc., offers these tips for verifying a service provider is financially stable—before you start […]
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6 Secrets to Finding the Right 3PL
To help mitigate a potential capacity shortage, many shippers are turning to third-party logistics (3PL) providers to help cover lanes that otherwise would be difficult to fill. If you are looking to partner with a 3PL, these guidelines can help you secure a beneficial service provider relationship. 1. Choose carefully. Until recently, Internet access and […]
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