Articles
Risk Management
Customs Compliance: Small Mistakes Can Lead to Big Problems
Diverse, evolving global trade regulations require companies to implement systems and procedures that ensure strict adherence. Large businesses have in-house compliance staff, but those responsibilities might hold a more vague spot in small enterprises. With stiff penalties at stake—penalties that could put some organizations out of business—small companies must take an aggressive stance on compliance. […]
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Supply Chain Resilience: Turning Risk Into Opportunity
In today’s global economy, risk is unavoidable. But it also provides opportunity, as a company’s ability to adapt in difficult circumstances is a true source of competitive advantage and precisely defines a winning approach to risk responsiveness. Is your business prepared to mitigate the effects of operational risks, such as Mother Nature throwing a curveball […]
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Adding Resilience to Your Supply Chain
MORE TO THE STORY: 4 Tools That Support Supply Chain Resiliency Questions to Answer to Add Resilience to the Supply Chain Natural disasters and other events have exposed weaknesses in lean global, regional, and domestic supply chains, disrupting connections between companies, their suppliers, and their customers. In the next phase of supply chain development, companies […]
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Contingency Planning Keeps Freight Moving
In the last few years, everything from a massive earthquake in Japan, to hurricanes on the East Coast threatened our supply chain – a supply chain that increasingly knows no international borders. Whether operations are focused in a small geographic area or span countries and modes, all disruptions have the potential to ripple through our […]
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Keeping Vendor Risk Under Control During the Holiday Season
‘Tis the season to be jolly. Yet, for logistics managers, ‘tis perhaps the most stressful time of the year. With businesses offering customers attractive deals and promises of just-in-time delivery, logistics managers are under tremendous pressure to make sure that customer orders are fulfilled in time. Nobody wants to see their name in front-page headline […]
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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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Global Logistics—September 2014
Eruption Disruption: What’s Your Plan? It’s déjà vu all over again. The bubbling Bardarbunga volcano compelled Iceland authorities to raise their aviation warning to orange—the second-highest level—as the possibility for another widespread ash cloud grows more likely. It was a little more than four years ago when an ash cloud from the island’s Eyjafjallajökull volcano […]
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Trends—August 2014
Speed Reading: The Same-Day Book Delivery Race is On Amazon had no sooner expanded same-day delivery for select products in six new cities—Baltimore, Dallas, Indianapolis, New York, Philadelphia, and Washington, D.C.—than Google and Barnes & Noble teamed up to deliver books with similar speed. Using Google Shopping Express, bibliophiles in the Big Apple, west Los […]
Read MorePreventing Shipment Damage
While it is impossible to prevent every mishap along the supply chain, shippers can take action to reduce product damage and returns. David Faulkenberry, senior vice president of logistics provider XPO Last Mile, offers these damage prevention tactics. 1. Allow time for testing. Before implementing a widespread rollout of new merchandise, packaging, or providers, test […]
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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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