Articles
IT Matters: Logistics & Supply Chain Technology
Warehouse Metrics: Measure What Matters
Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful metrics to gather, report, and apply. Tools or modules often found in warehouse […]
Read More10+2: Origin and Destination in Collaboration
The clock is ticking for importers struggling to become compliant with Customs and Border Protection’s (CBP) Importer Security Filing regulation, commonly known as the 10+2 initiative. On Jan. 26, 2010, the interim final rule becomes mandatory, allowing CBP to begin assessing damages for failure to meet the new data-filing requirements. The key to successful 10+2 […]
Read MoreFrom Click to Curb: Earning and Keeping E-commerce Customers
For consumers who want to avoid dealing with overzealous salespeople and crowded stores, online shopping offers the perfect alternative. U.S. online sales are expected to grow from $132 billion in 2006 to $271 billion in 2011, according to a study by Forrester Research. The same report estimates that the e-commerce market segment could soon claim […]
Read MoreSuccessfully Managing Long-Tail Inventories
The concept of the long-tail retail environment refers to the extended downward slope of a unit sales curve that, when illustrated graphically, depicts a “long tail” as demand wanes toward zero. Introduced by Wired Editor in Chief Chris Anderson in 2004, the term originally described Internet-based companies, such as iTunes or Amazon.com, whose environments are […]
Read MoreCan You Afford to Ignore Supply Chain Risk?
As companies gravitate toward a “build anywhere, source anywhere, sell anywhere” mind-set, supply chain risks—entering into long-term contracts at unfavorable prices or sub-optimal quality, excessive dependence on one geography or supplier, lead time variability, and supply disruptions caused by natural disasters—assume greater proportions. Any supply chain setback could negatively impact average operating income and return […]
Read MoreReal-Time Location Systems Cover Your Assets
The ability to track assets in a broad geographic area, typically outdoors, is key to transportation management. Satellite and cellular network-based technologies are often used for real-time asset tracking outdoors. But to track assets indoors—in factories, warehouses, or other controlled environments—Global Positioning Systems (GPS) and cellular-based systems lack sufficient signal strength. Alternative techniques employing low-cost […]
Read MoreE-Commerce Tools Can Speed Ocean Trade
In the days before e-commerce, the only way to orchestrate an ocean container shipment was to call and fax every party to the shipment. This world still exists, but it’s fast being superseded by e-commerce tools that free shippers to manage supply chain risk and efficiently serve customers instead of chasing down details and coping […]
Read MoreGTM Technology: Why Not?
Global trade management (GTM) software simplifies trade compliance, provides visibility across the supply chain, and offers effective manufacturing cost sourcing. Yet the international supply chains of large companies are 50 percent automated at best, according to Aberdeen Group. This statistic begs the question: Why aren’t more companies investing in GTM software? Some businesses develop their […]
Read MoreImproving Fleet Management Performance
The nation’s trucks hauled 10.7 billion tons of freight in 2005, according to the American Trucking Associations’ truck tonnage index. This figure represents nearly 70 percent of tonnage, including manufactured and retail goods, carried by all domestic freight transportation modes. Yet many in the trucking industry have been slow to recognize the strategic importance of […]
Read MoreSelecting the Right Warehouse Management System
The typical warehouse buzzes with activity every day. Products arrive at the loading docks, forklift drivers shift pallets around the floor, automated retrieval systems pull goods for shipment. Warehouse management systems (WMS) provide tools for keeping track of all that action. Today, dozens of technology vendors – from well-established to relatively new – offer warehouse […]
Read MoreLocation-Based Services Put Efficiency on the Map
Enhanced productivity. Cost savings. Revenue increases. Improved customer relations. These are among the most important – and most widely acknowledged – benefits of deploying location-based service (LBS) tools such as geographic positioning systems (GPS) and street-level routing (SLR). Add one more benefit of emerging importance that will have significant impact over time: reduced emissions. Corporations, […]
Read MoreWith SaaS, You Make the Rules
Most companies spend 40 to 80 percent of their annual transportation budget on moving inbound shipments from suppliers. Despite these whopping costs, businesses boast relatively little control over their selection of inbound carriers or their service levels. Instead, most depend on suppliers to correctly assign carriers, then provide tracking information to the buying organization. This […]
Read MoreTracing the Genealogy of a Food Recall
Anyone who has ever tried to trace their roots back more than a few generations knows how challenging that task can be. Unless you’re of royal lineage, the path back through history tends to be lined with false leads and dead ends. If you do find any information, it’s often on handwritten notes that you […]
Read MoreThe Case for a Global Trading Partner Network
America’s appetite for imports continues to grow—in 2006, the United States imported a record $1.6 trillion of goods, according to U.S. Customs. But today’s global trade practices are highly fragmented. A typical overseas purchase, for example, requires the various parties in the logistics process to trade more than 60 different documents across partners, countries, languages, […]
Read MoreTechnology Collaboration Enables Visibility and Security
Complete Document and Shipment Visibility (CDSV) is a concept that enables trading partners to have 100-percent visibility to the condition, status, and location of international shipments in a paperless environment. The concept allows shipment stakeholders to know the exact status of inventory and finished goods in the pipeline. CDSV also contributes to eliminating supply chain […]
Read MoreWeb Services Add Sizzle to Shipper-LSP Integration
Emerging Web services promise to revolutionize the way companies and logistics service providers (LSPs) integrate. I am not talking about accessing a Web site using a browser, but secure system-to-system service requests sent over the Internet that can link enterprises, allowing a company to utilize third-party Web services as a seamless part of its own […]
Read MoreData Fuels the Supply Chain
When struggling to implement international supply chain management software, it helps to focus on the importance of clean and usable data. Failing to get good data into and out of your supply chain management IT system is like filling a Lamborghini with nail polish remover and expecting it to win the Grand Prix. How do […]
Read MoreBouncing Back When Disaster Strikes
When natural disasters strike, businesses often must frantically search for essential items to deliver to beseeching customers. Adept use of sophisticated information tools can help retailers and suppliers “weatherproof” their supply chains. Diverting shipments, moving inventory to forward locations, and anticipating potential spikes in demand, can help moderate the effects of natural disasters. The following […]
Read MoreVisibility: Seeing is Believing
Take a look at this list of avoidable logistics problems: Time wasted manually scheduling shipments and tracking products from channel to channel. Missed opportunities from not knowing the exact quantity of inventory in transit and stock availability. Strained relationships after shipments fail to make their destination on time. The common element is a lack of […]
Read MoreRestricted Party Screening: Who Are You Doing Business With?
Exporters and financial institutions historically used Restricted Party Screening (RPS) solutions to determine whether the names and addresses of their consignees appeared on any “denied parties” lists. Today, companies recognize that they may not deal in any way with certain blacklisted parties. Since Sept. 11, 2001, regulatory agencies have made clear their expectations that companies […]
Read More