From the ground, Colombo's port does not look like much. But viewed from high up in one of the growing number of skyscrapers in Sri Lanka's capital, it is clear that something extraordinary is happening: China is creating a shipping hub just 200 miles from India's southern tip.
Rising and increasingly volatile costs dominate retailers' top challenges sourcing private label goods, while changes in consumer behavior fueled by mobility and online shopping are driving the strategic importance of private label sourcing, according to Deloitte's study entitled Private Label Sourcing: Strategies to Differentiate and Defend.
The Supply Chain Management Systems Project is a PEPFAR funded program administered by USAID designed to get life-saving drugs for the treatment of HIV/AIDs to many developing countries, most of them in Africa. Clinton De Souza, Warehousing and Distribution Principal Advisor, explains how the project has leveraged private sector logistics firms to exceed its goals.
Total U.S. business logistics costs in 2012 rose to $1.33tr, up 3.4 percent from the year before, but remaining at 8.5 percent of the U.S. gross domestic product, according to the 24th annual State of Logistics Report released by the Council of Supply Chain Management Professionals and presented by Penske Logistics.
U.S. manufacturing isn't likely return to prerecession levels for at least year and a half largely because the sector is grappling with weak demand for American exports and federal government cutbacks.
The complexities of managing global trade are many, which may be why a lot of companies overlook savings available in Free Trade Agreements. Scott Byrnes explains how to leverage FTAs and discusses other strategies to optimize global trade.
The Caribbean logistics group of Crowley Maritime Corp. is now offering regularly scheduled, weekly less-than-containerload (LCL) service between San Juan, Puerto Rico and select countries within Central America.
Logistics "must generate the necessary platform of opportunities so that firms can widely develop their activities through efficient logistics networks," according to Santiago Bassols, director of Barcelona Catalunya Centre LogÃstic (BCL).
As manufacturers consider shifting production from China back to the West, the U.S. could become an economically viable alternative faster than you think.