Articles
Supply Chain
“The Great Reset”
The State of Logistics Report, produced annually for the Council of Supply Chain Management Professionals by global consulting firm Kearney and presented by Penske Logistics, delivers a snapshot of the American economy through the lens of the logistics sector and its role in overall supply chains.
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GOOD QUESTION: Who Would Be Your Lifeline During a Logistics Crisis? Why?
Dwight D. Eisenhower. I make use of the Eisenhower Matrix (pictured). I would want to have heard from the man himself. Planning, preparing, and executing a moment in history like the Normandy invasion puts any logistics crisis in perspective. Do everything in your power to prepare. And at a certain point you need to have confidence in that preparation—and your people—to get on with the task at hand.
–Richard Kohn
Director, Global Logistics & Optimization
SeaCube Containers
NOTED: Supply Chain Highlights
M & A • Hellmann Worldwide Logistics acquired PKZ Group, its long-standing air and sea freight partner in Slovakia and the Czech Republic, establishing its own Slovakian national company. • Advantive, a software provider for specialty manufacturing and distribution businesses, made two recent acquisitions: VeraCore, an SaaS order and warehouse management software provider for fulfillment companies and […]
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Autonomous at Last?
One of the most difficult and expensive areas of the supply chain is last-mile and home delivery. It can also be the most memorable and important aspect of the customer’s buying experience. So, it’s no surprise that last-mile delivery of goods is a key application for driverless technologies.
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What to Consider Before You Shift
One trend driving the growth in manufacturing jobs has been reshoring–the practice of bringing manufacturing back to the United States. Reshoring activities were estimated to create more than 225,000 jobs in 2022, according to a Reshoring Initiative report.
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Could Ocean Be the Best Solution?
Since COVID, businesses worldwide have had to contend with increased demand, limited storage capacities, and the need for fast, reliable transportation of goods. Many businesses have focused on ocean transport as a potential solution to their shipping issues.
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What You Don’t Know About Your Suppliers Can Hurt You
Most companies run credit checks to make sure their suppliers are stable. But how can executives keep up with the news and other crucial reports to see if those suppliers will keep their commitments?
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Asset Management is Everyone’s Job
When it comes to keeping the supply chain as efficient as possible, asset management is a vital priority that mustn’t be overlooked. Keeping careful track not only of goods, but of the shipping containers and platforms needed to transport these goods, should be everyone’s responsibility.
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Thinking Inside the Box Truck
While most people are at least somewhat familiar with box trucks, these little workhorses don’t get enough credit. Also known as straight trucks or bobtails, they are usually 26 feet long and can carry up to 10,000 pounds of freight. They can also come in small (12 ft.) and medium size (14-18 ft.) configurations.
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Vertical Integration: Definition, Examples, and Advantages
Companies can choose many business strategies to meet their supply chain and logistics needs. Each approach has advantages and disadvantages. The best method depends on a company’s specific needs, goals, and circumstances. Vertically integrated corporations, like those in the booming field of vertical aerospace, are giants with a grip on multiple stages of their production […]
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Supply Chain Visibility: What It Is, Importance, and Types
Supply chain visibility is a process that provides customers with information regarding a product or service they ordered. By informing customers of the timeframe and details about a specific product they ordered from a business, the corporation can monitor orders, increase its daily operation efficiency, and avoid customer dissatisfaction. Without supply chain visibility, individuals would […]
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Bullwhip Effect: Example, Causes, and Impact on Supply Chain
The supply chain ensures that raw materials, parts, and finished products are delivered to customers promptly and efficiently. However, the supply chain is a complex system that various major factors, such as changes in demand, production delays, or supply chain disruptions, can easily disrupt. The bullwhip effect is one of supply chain management’s most significant […]
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Value Chain vs. Supply Chain: Key Similarities and Differences
In business management, understanding the concepts of value chain and supply chain, as well as their similarities and differences, is crucial for optimizing operations and achieving a competitive advantage. Both these terms are often used interchangeably, but they represent distinct aspects of operational management. We’ll explore why organizations must focus on value chain analysis and […]
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Green Supply Chains Come Full Circle
A growing number of organizations are incorporating circular supply chain approaches within their operations. Here’s a look at how they are closing the loop.
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Shippers Gain Confidence
What can shippers expect next quarter? BlueGrace Logistics’ Q3 Logistics Confidence Index finds these key highlights: Anticipated revenue maintained a positive trend, decreasing by only 4% across all shippers surveyed. Inventory levels measured highest at neutral and therefore are not expected to expand or contract for Q3. Order volume (sentiment) increased by 5%. That suggests order volumes […]
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Chemical Logistics: Formulating Solutions
As chemical production increases in the United States, logistics providers drum up solutions to transport these critical shipments safely, efficiently, and accurately—leveraging specialized expertise and experience.
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Optimize Your Supply Chain Balance Sheet
Every supply chain contains both hidden costs and potential savings. Smart shippers and their logistics partners utilize their data to discover cost-saving opportunities that improve profitability.
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Supply Chain Control Tower: Definition, Types, and Implementation
In today’s global economy, supply chain management has become increasingly complex. The challenge for businesses is to effectively manage these complex supply chains while ensuring the timely delivery of products, minimizing costs, and maintaining quality. One solution to this challenge is the implementation of supply chain control towers (SCCT) that act as a centralized hub […]
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IN BRIEF: New Services and Solutions
On behalf of Stena Line, Stena RoRo designed and ordered two hybrid cargo ships from shipyard CMI Jinling in Weihai, China; delivery is scheduled for 2025. The NewMax ships can be powered by methanol or conventional fuel and increase cargo capacity by 80%. The vessels have been designed for Stena Line’s route between Belfast and Heysham on the Irish Sea.
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VERTICAL FOCUS: Alcoholic Beverages
3 Tiers of the Wine Supply Chain We can’t talk about wine without mentioning the Volstead Act, which made it illegal to “manufacture, sell, barter, transport, import, export, deliver, furnish, or possess” such beverages. Prohibition wasn’t just a temporary blip in alcohol manufacturing; it changed the way the supply chain functions. Prior to Prohibition, the […]
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