Articles
Supply Chain
Dos and Don’ts for Storing Temperature Sensitive Medicines
The UK Medicine and Health Products Regulatory Agency (MHRA) identified crucial mistakes in how wholesalers source and handle freezers and fridges used to store medicines. MHRA says the main metrics to measure when sourcing GDP qualified equipment are: The purpose – is it to store cold packs to be used in transit or to host frozen products? Temperature bracket required Capacity […]
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Is Supply Chain Planning Right for the Cloud?
The explosive growth of data that today’s supply chain teams must manage creates challenges even for the most seasoned professionals. Manufacturers, retailers, and distributors need agile systems that help manage and simplify complexity. However, one of the biggest hurdles today’s organizations face is gaining executive approval to implement an advanced supply chain planning system. Is […]
Read MoreFacts About Friction
The average U.S. business loses $171,340 per year through clunky payment practices causing friction in their supply chain, according to new research by Tungsten Network. This equates to almost 6,500 man hours spent chasing purchase order numbers, processing paper invoices, and responding to supplier inquiries. Businesses estimate they spend an average of 55 hours per […]
Read MoreWhy the Rise of the 4PL Is Good News for Your Business
On-demand delivery, trade uncertainties, siloed information…for today’s supply chain managers, the list of concerns is long. Current industry and geopolitical trends are complicating matters further. Companies are juggling more products and suppliers, leaving supply chains increasingly vulnerable to disruption. In the grocery industry alone, the average number of SKUs skyrocketed from 9,000 in the 1970s […]
Read MoreStaffing Your Warehouse: Addressing Hidden Risks
The warehousing sector and staffing industry depend on each other. In fact, they are so closely tied that the Department of Labor often considers warehouses and staffing companies “joint employers.” The rules for being a joint employer significantly increase the risks and exposures otherwise thought to be transferred to the staffing agency. Payroll Taxes Did […]
Read MoreNew IoT Tools Enable Greater Visibility Into Complex Supply Chains
Shipping high-value goods is risky business. Supply chains are complex, and getting more complex by the day. More complexity means more surprises, and most supply chain managers don’t like surprises. Every year, pharmaceutical companies spend $30 billion replacing shipments that have been damaged due to temperature excursions. Cargo loss in other industries accounts for an […]
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Six Surefire Ways to Build a Logistics Workforce
Indiana ranks second in the United States for manufacturing and logistics employment growth and first in the percentage of Hoosiers employed in these industry sectors. Couple those statistics with Indiana’s “Crossroads of America” logistics reputation and there is a compelling reason to develop a skilled workforce for continued growth. Building tomorrow’s workforce is a team […]
Read MoreReaching a Point of No Returns
Online shoppers can no longer take free returns for granted. The number of UK and European retailers offering customers free returns in at least one international market dropped from 55 percent in the first quarter of 2017 to just 28 percent in the latest benchmark report from research firm ReBOUND. Most brands are still not […]
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Supply Chain Commentary: Why Manufacturers Should Adopt an Ecosystem Strategy
Customers have always expected suppliers to quickly respond to their needs, but now they’re more demanding than ever. As the needs of buyers become more unpredictable and complex, and as they begin to demand more frequent product launches and extreme personalization, manufacturers are struggling to keep up, let alone profitably. One of the core challenges […]
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Masters of the Future
I have a secret: I can see the future. Anyone who reads business media can tell you that many professionals in my generation fear for the future of the workforce. Doomsayers claim that all millennials are lazy, and Generation Z is needy and co-dependent on Google and their devices. I’m lucky, however. I get an […]
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Tim O’Brien: Exuding Star Power
Tim O’Brien is senior director, supply chain, with Purchasing Power, a specialty e-commerce retailer that provides goods and services to customers who make payments through payroll deductions. He has held this position since October 2012. Responsibilities: Transportation and logistics, including carrier and 3PL relationships, vendor compliance, and onboarding. Experience: Director, e-commerce shipping strategies and vendor […]
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Florida Seaports Weather the Storm and Thrive through Meticulous Emergency Response Preparedness – Florida Ports Council
Hurricane Irma tested the emergency response preparedness at every seaport in Florida. This unique hurricane covered the entire state and closed every major fuel and cargo operation at our seaports over several days, and provided us with some keen insights concerning local and state continuity of operations and resumption of business plans. Many lessons were […]
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Collaborative Supplier Management: The Key to Beating Holiday Fever
The holiday season—and accompanying spike in product demand—is no longer confined to the end of the year. With holiday celebrations in at least eight months each year—from Valentine’s Day to Easter and the Fourth of July—and nearly every product category from candy to clothing and home furnishings affected, retailers need to fine-tune their e-commerce strategy […]
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Intermodal Benefits Come Into Focus
Intermodal is looking sharp to a growing number of shippers, thanks to tightening truck capacity, new service options, and infrastructure improvements.
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Forming an Alliance with Ocean Shipping
After the 2016 Hanjin Shipping bankruptcy, carriers banded together to form alliances. Today, these alliances dominate ocean cargo shipping. Here’s how they affect your shipments and contracts.
Read MoreFood Transportation: Missing Ingredients to FSMA Compliance
Sanitary transportation compliance is currently mandatory for many and will be required for all shippers, loaders, carriers, and receivers in April 2018. While the FDA Food Safety Modernization Act (FSMA) of 2011 set the guidelines and rulemaking for the Sanitary Transportation of Human and Animal Food (STHAF) in process, there are still gaps in compliance. […]
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Engaging Customers Through AI
Retailers will rely heavily on technologies such as live chat, Facebook Messenger, and Amazon Alexa for customer service, according to a new research study from Linc and Brand Garage. How AI Technology Will Transform Customer Engagement highlights the overwhelming emphasis retail executives are placing on automated platforms to improve customer communication, with 87 percent of […]
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Best Practices for the Gift of Successful Holiday Sales
For some retailers, holiday sales can represent up to 27.4 percent of annual sales, and in 2017, overall retail holiday sales are expected to increase from 2016. Debra Glassburn, Partner, Columbus Consulting, offers these tips to help retailers make the most of the 2017 holiday season and leverage every sales opportunity. Understand historical trends. Having […]
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Consumer Behavior: The Missing Link
In today’s highly competitive, omni-channel market, companies are realizing the path to success hinges on their ability to understand consumer behavior. Retailers and manufacturers can unlock significant competitive advantage by leveraging consumer insights to make category decisions and create localized merchandising assortments. Most companies lack the ability to mine and leverage important customer data, and […]
Read MoreFedEx and UPS Set Aside Rivalry to Lobby White House on Infrastructure
An amusing meme that occasionally makes the rounds on social media shows a FedEx truck parked nose-to-nose with a UPS truck, with the caption "it’s about to go down." For the moment, however, the two major rivals have set aside their differences in the interest of the greater good. David Abney, CEO of UPS and […]
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