Articles

Supply Chain

Embracing the Circular Economy in the Supply Chain

Thanks to digital technologies like IoT, analytics, and sensors, adoption of circular economy business models has accelerated, moving from a specialized concept to a more mainstream business strategy. But according to a recent set of insights from Accenture Strategy, too often programs remain “skin deep.” Too few companies are embracing the “full circle” approach to […]

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Bayonne Bridge Project Will Wrap Up Six Months Early

Governor Chris Christie announced the $1.6 billion raising of the Bayonne Bridge roadway will complete by June 30 – six months ahead of schedule. The raised bridge allows the world’s ultra-large, environmentally friendly container vessels to pass beneath the span, gaining access to the Ports of Newark, Elizabeth, and Staten Island. “The ‘Raise the Roadway’ […]

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Commentary: New Alliances Unlikely to Increase NAFTA Ocean Freight Competitiveness

The new shipping alliances that came into effect a month ago are unlikely to increase ocean freight competitiveness between the United States and its NAFTA partners, according to iContainers, an online freight forwarder. According to data released by the U.S. Department of Transportation’s Bureau of Transportation Statistics, the dollar value of U.S.-NAFTA goods shipped by […]

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Looking Beyond Your Desktop

The latest Ransomware attack lays bare hidden risks in your manufacturing, logistics, and supply chain network. You can protect against the ever-evolving threat of Bitcoin pirates by looking deeper into your operations. The attack is introduced into networks with Spear Fishing emails. Once activated, the malware locks and ecrypts your files, and files across all […]

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From the Front Lines to the Boardroom

From the Front Lines to the Boardroom

David Congdon was 14 when he joined the family business: less-than-truckload (LTL) carrier Old Dominion Freight Line. “I started working on the dock in the summer,” he says. “Making $1.65 an hour beat the heck out of a $3 weekly allowance.” MORE TO THE STORY: Next Step: Advanced Algorithms At 16, Congdon started traveling to […]

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What’s Your Sourcing Strategy?

Having a current, flexible sourcing strategy can not only reduce costs and increase efficiency, but also serve as a competitive advantage to help organizations increase the top line. Supply chain costs, primarily procurement and transportation, can range from 50 to 70 percent of sales, depending on industry. So it is critical to spend considerable time […]

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5 Steps to Protect Your Supply Chain From Cyber Threats

With cyber threats affecting organizations worldwide, warding off cyber attacks and protecting against cyber espionage is becoming a top priority across industries. Manufacturers, distributors, and organizations, however, are not doing enough to make supply chains more resilient and prepared. Whether your business is large or small, a startup or 40-year veteran, major security issues stem […]

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Finding Untapped Value in Product Returns

The little-known, but dark secret of e-commerce is this: On average, for every three packages a retailer ships, one will be an eventual return. Retailers must shift their focus to processing the continuously increasing number of returns. As retail grows more reliant on analytics, retailers are seeing previously untapped value in data about who is […]

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Working Alongside Robots: No Longer Science Fiction

Working alongside robots in warehouses is the way of the present, rather than the way of the future. The recent ProMat and Automate conferences, in Chicago, featured robotics and automated materials handling equipment. “Solve for X,” the theme of the conference, emphasized the need for manufacturers, warehousing and third-party logistics companies to embrace change to […]

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Supply Chain Complexity: What’s Behind Supply Chain Disruption and Why You’re Not Achieving Consistent ROI Improvement

In a 2016 Gartner survey, 63 percent of supply chain leaders reported “increasing supply chain complexity” as the highest risk to business continuity. A second survey from Gartner identifies supply chain complexity as #4 in the list of obstacles to achieving supply chain goals. As supply chain leaders face these challenges, they should focus on […]

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