Improving Inventory Accuracy
Inventory accuracy is vitally important; the challenge lies in achieving it. Out-of-stock items cause profit loss, but paying for inventory storage and transportation also impacts the bottom line. To guide your company in the right direction, Mike Honious, vice president of engineering, Ozburn-Hessey Logistics, shares 10 practical ways to improve inventory accuracy. 1. Pick a […]
Read MoreInland Ports Make “Location” Matter More
It has become a tired axiom that the three most important success factors in real estate are location, location, and location. But this statement has never been more true, especially with global trade and transportation trends driving demand for large, exceptionally well-located distribution and logistics facilities. Consider the reality of U.S. global trade and transportation […]
Read MoreHitting the Asset-Tracking Trifecta: Bet on Visibility, ROI, and Safety
Throughout the transportation industry, losses due to cargo shrink (theft, damage, and spoilage) total an estimated $100 billion annually. Many companies have turned to RFID to help prevent cargo shrink, monitoring assets throughout the supply chain so they can identify when a particular asset enters or departs one facility or another. This method, however, doesn’t […]
Read MoreGlobal Sourcing: The Path to High Performance
Leading organizations on the path to high performance are those that accelerate global sourcing strategies, drive aggressive cost reductions, and look to contract manufacturing to leverage and expand the value of their brand. Most significantly, these organizations plan to double their spend on low-cost country sourcing in the next three years. High-performance businesses are masters […]
Read MorePlaying Politics with Homeland Security: 100-Percent Wrong
If you source or sell anything overseas, you are no doubt aware of Senator Chuck Schumer’s (D-NY) efforts to mandate 100-percent scanning of inbound containers through an amendment to the SAFE Port Act. As part of the effort to get the amendment adopted, Schumer, along with eight other Democratic senators—Obama, Clinton, Menendez, Kerry, Kennedy, and […]
Read MoreAerial’s DC Makeover: It’s a Beautiful Thing
A beauty supply company gives its DC a makeover. Now productivity comes in permanent waves.
Read MoreGlobal Supply Chain Networks: Eye for Design
To take advantage of global sourcing and manufacturing cost efficiencies—and to tap into burgeoning consumer markets overseas—companies must put as much effort into designing their global supply chain as they do in managing it. Old habits die hard, but forward-thinking companies are embracing a holistic approach to design.
Read MoreCEE Change: Central & Eastern Europe Makes Waves
Nearly two decades removed from the fall of Communism, Central and Eastern Europe is transforming into a pivotal global logistics hub. Hungary for more information? Czech it out.
Read MoreFurniture Logistics Finds its Legs
When a production shift from the Midwest to Asia rearranged the furniture industry, it did some interior design—polishing transport operations, dusting off collaboration efforts, and brushing up on new technology. Was this a competitive strategy that wood work?
Read MoreBrent Shinall: Bursting with Energy
When Brent Shinall grew bored with his job as manufacturing engineer for hypersonic engine maker Pratt & Whitney, he started exploring new career opportunities. “I saw people in the purchasing department working with suppliers and negotiating contracts, and thought, ‘That looks like more fun,’” he recalls. So when the company’s purchasing manager needed an engineer […]
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