Articles
Supply Chain
Tax, Energy, Land Incentives Drive Economic Development
Economic development partners collaborate to create incentive packages tailored to each company’s needs.
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Returning Experience
The war between the retail/e-commerce customer experience and increasing costs is heating up, thanks to the impact that rising transportation prices are having on the retail process. That trend plagues e-commerce players and retailers, both large and small. For example, in July 2018, spot market trucking costs were up 30 percent year-over-year, according to DAT. […]
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Home Depot Builds New Supply Chain
Home Depot will spend $1.2 billion to overhaul its supply chain to offer faster delivery for consumers and businesses. Walker Sands’ 2018 Future of Retail report offers the home improvement retailer some advice: To compete with Amazon, Home Depot should focus not only on delivery speed, but transparency as well. Only 30 percent of consumers […]
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Leveraging Technology: Put Strategy First
With all the hype about technology’s potential, it’s easy to lose track of the basic truth that technology enables strategy. Technology applied to an inappropriate strategy will accelerate a firm’s demise. Tech trends enable strategies that are reshaping global supply chains. These new technologies complement each other; used in combination they create synergies far beyond […]
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Is Asia The New Bermuda Triangle?
Large shipping losses declined by 38 percent globally over the past decade, but losses in Asia rose year-on-year, with incidents in the South China, Indochina, Indonesia, and Philippine maritime regions rising 25 percent. That makes Asia the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new […]
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5 Tactics for Managing the Unexpected
No supply chain is immune from risk, and the farther a company’s supply chain traverses the globe, the more opportunity for things to go awry. Companies can take proactive steps to ensure they won’t be blindsided by sudden changes to their supply chain. Taking out a credit insurance policy from a credit insurer is just […]
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Big Apple Polishes Freight Transportation System
New York City plans to overhaul its aging freight distribution systems through strategic investments to modernize maritime and rail assets and create new distribution facilities. Freight NYC is a $100-million plan with the ultimate goals of creating nearly 5,000 good-paying jobs for New Yorkers and a more sustainable and resilient supply chain network. New York […]
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Fail Fast, Then Move On
Jim Barnes did not have a mentor at the start of his career. “No one taught me how to become a leader,” recalls Barnes, chief executive officer of enVista, an Indianapolis-based supply chain consultancy and software firm. MORE TO THE STORY: Getting Advice, Paying it Forward Instead, observation and experience helped Barnes develop his leadership […]
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In Iceland, There’s No Place Like Drone
Consumers in Reykjavik, Iceland, will soon just have to walk out their back door to receive their packages. Drone technology company Flytrex, in partnership with Aha.is—Iceland’s largest online marketplace—launched 13 new routes for an autonomous on-demand urban drone delivery service to serve nearly half of Reykjavik. The upgraded service also includes an advanced “InAir” wire-drop […]
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Good Question: What’s your best time-management tip?
The Eisenhower Box has had the largest impact on my time management. People have a tendency to put everything in the “urgent/important” bucket, which dilutes their focus. It has helped me more confi dently delegate or eliminate tasks altogether.
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Will Airbnb for Warehouses Take Off?
On-demand services are becoming so much a part of our daily lives that millennials can’t imagine a world before Uber or Postmates. Now, on-demand service is becoming a reality in the logistics real estate sector. Technology platforms such as Flexe and Stord connect organizations that need warehousing space to those that have extra space on […]
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Erik Snyder Keeps His Spirits Up
Erik Snyder is president of North America supply and procurement with Diageo, a leading premium spirits company and producer of brands including Johnnie Walker, Crown Royal, Smirnoff, and Guinness. Responsibilities: Oversee Diageo’s end-to-end supply chain and procurement operation in North America, including sourcing raw materials, distillation, manufacturing, packaging, planning, and customer service. Experience: Senior vice […]
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Florida: Gateway to America, Pathway to Global Trade
For logistics and manufacturing companies, the Sunshine State is the place to grow.
Read MoreIoT Clears the Air for Transportation Companies
The Internet of Things (IoT) is set to help transportation and logistics providers significantly reduce emissions, enabling compliance with clean air targets. It will also improve worker health and safety while maximizing resource efficiency and reducing expenses. That’s according to Inmarsat’s 2018 research project, which analyzes IoT adoption across the transportation and logistics sector. The […]
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Returns in the E-Commerce Retail Supply Chain – MD Logistics
In recent years, a rise in e-commerce sales has led to an increase in the amount of items returned. This increase in returns creates a challenging situation for retailers and an opportunity for their 3PL providers. Q: How does the reverse logistics process work? A: 3PL providers engineer returns solutions that are specific to their […]
Read MoreKnow Your Product: How Blockchain Will Transform the Supply Chain
As consumers, we’re predisposed to trust the name-brand companies that form our commercial ecosystem. We believe, for the most part, that the products we buy are genuine. And for the products that aren’t, we have confidence that protocols exist to ensure that they never make it to market. It’s an optimistic point of view, but […]
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Use Big Data to Improve Your Supply Chain – Transplace
The term "big data" has been one of the hottest buzzwords in recent years, which shouldn’t be a surprise. Statistical science and data analytics can help organizations acquire historical measurements and generate actionable information that improves supply chain visibility, drives operational efficiency, and supports growth. But knowing the importance of data is only the first […]
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Europe Stays in the Loop
Virgin Hyperloop One will open a $500-million Advanced Technology Development and Testing Center in Spain, the company’s first European development facility. In return for this investment, Virgin Hyperloop One will receive 126 million euros in public aid through loans and grants to help establish the new center, advance its technology development and testing, and stimulate […]
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Cross-Brand Collaborations: X Marks the Spot – SEKO Logistics
Cross-brand collaborations seem to be everywhere right now. But why the sudden explosion in collaborations? And why do brands do it? SEKO Logistics teamed up with digital e-commerce agency Red Hot Penny to analyze some likely reasons behind cross-brand collaborations to provide insight and inspiration. Open up new markets A collaboration of two brands in […]
Read MoreHow Using BI Can Transform Your Business
Many industries, such as transportation and logistics, have deployed enterprise software to help operate and manage work processes for decades now. And, as a result, companies and the solutions providers have collected a treasure trove of information, not only about an individual company, but about the industry as a whole. Until recently, with the advent […]
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