Innovation of the Year: Smart packaging creates right size box for every item shipped from e-commerce centers
Winner: Staples & Packsize International; Runner-Up: PepsiCo; Finalists: LMI, Motorola Solutions, Pa. Liquor Control Board, IBM
To serve its demanding government and business customers, the company needed to find a way to resolve any potential service problems in the quickest and most cost-effective manner possible.
A new MIT study on supply chain risk shows no correlation between the total amount a manufacturer spends with a supplier and the profit loss it would incur if that supply were suddenly interrupted. This counterintuitive finding defies a basic business tenet that equates the greatest supply chain risk with suppliers of highest annual expenditure.
Drewry Shipping Consultants Ltd. and the World Container Index have launched a series of demonstrations to educate the ocean-shipping community and share best practices in the use of Index-Linked Container Contracts (ILCCs).
Trust and a sharing of risk and reward are the hallmarks of an outsourcing agreement that took the two companies beyond the concept of "price per activity," to one that strives for mutual profitability and enhanced customer service.
