When the much-anticipated expansion of the Panama Canal is completed late next year, cargo ships the size of aircraft carriers will ferry goods from Latin America and Asia directly to East Coast ports and back. These ships - up to two-and-a-half times bigger than those currently allowed - will uproot trade patterns developed over the last century and will affect nearly every sector of the U.S. economy.
Grupo Herdez is one of Mexico's leading manufacturers and distributors of grocery products and is a pioneer there in Collaborative Planning, Forecasting and Replenishment. Eduardo Cantu explains some of the challenges to CPFR implementation in Latin America.
The technology surrounding point-of-sale data has improved tremendously in recent years and companies are making much better use of this information, says Tina Lalor, senior business consultant with John Galt Solutions.
A manufacturing production index for Latin America as a whole is expected to show this year experienced no growth - instead, it is forecast to decline a slight 0.1 percent. This challenging regional picture masks sizable differences across countries, however. The poor performance of the index published by the Manufacturers' Alliance for Productivity and Innovation Foundation is explained by recessions in Brazil and Argentina that have offset the good performance of Mexican factories.
In a multi-year, multi-phase project covering people, processes and technology, Red Wing Shoes streamlined and improved its S&OP process, cutting planning time from six weeks to three and reducing inventory by 27 percent.
Innovation of the Year: Disruptive technology products must get to market faster than ever, and a product innovation center at Flextronics reconfigures the supply chain to do just that.
Runner-up: Sears Holdings Corp.
Finalists: Intel, Fast Logistics, Zimbabwe National Family Planning Council
All Nippon Airways and Lufthansa Cargo AG have begun an air cargo joint venture on Japan-Europe routes that they applied for in September. The first shipment was sent by forwarder Schenker-Seino Co. Ltd. It was booked via Lufthansa Cargo and was transported by ANA on flight number NH 277 from Tokyo to London.
Global liquefied natural gas (LNG) trade is booming, and Australia will play a growing role in the Asian market despite increasing competition and cost pressures, according to the 2014 Gas Market Report that was recently released by the Bureau of Resources and Energy Economics (BREE).