Spot truckload load volume rose sharply and capacity tightened during the week ending August 2, according to DAT Solutions, which operates the DAT network of load boards.
Trevor Schick, senior vice president for the global supply chain enterprise group at Hewlett-Packard, explains the importance and challenges involved in eliminating "conflict minerals" from the supply chain and HP's commitment to this goal.
As a female president in a male-dominated logistics industry, Kelli Saunders has few peers, which is something she wants to change. Saunders talks about her career path and the opportunities she sees for women in the logistics arena.
It's fair to say that some mouths dropped in some quarters when word got out that the vice president of supply chain for McDonald's in the UK said he had handshakes rather than formal contracts with key suppliers. In dispensing with the written word, the fast-food chain formed long-term relationships with its partners in food, packaging and distribution, and included them in planning – even helping to set prices and volumes. Said Warren Anderson, "We don’t have contracts, but we do have our very assured supply partnerships with our food and paper suppliers," he said. "A gentleman’s handshake is just as powerful here."
Supply chain performance has a big impact on consumers' perception of a company and its brand, says Bill Tomasi of IBS. He suggests that companies need to more actively incorporate SCM into their brand protection strategies.
A 2010 University of Florida study found humans began wearing clothing 170,000 years ago. Someone made those clothes from something, and that was the start of raw materials management. One could liberally argue early cave paintings of fur-bearing animals were the first inventory monitoring systems. RMM has come a long way, but we can do better.
Declining in value by 3.3 percent from 2012, the freight forwarding market is facing major challenges as it fights to stay viable in a changing global environment. This is one of the main conclusions of the latest report from Transport Intelligence, Global Freight Forwarding 2014.
Companies continue to lose money by shipping air as a result of packaging that doesn't fit the product, says Tom Blanck, leader of the packaging optimization practice at Chainalytics. Blanck discusses optimization techniques that can save money and improve productivity.
In the early days of e-commerce, internet shopping was supposed to spell the demise of the physical store. Pure play online retailers would sweep all before them, rendering the retail store a historical curiosity. In fact, it hasn't quite worked out like that. Recent Accenture research confirms that more shoppers are planning to increase their purchases from physical stores this year than last. However, the positive news for brick-and-mortar needs to be tempered with the realization that what shoppers want from the in-store experience is changing fast, shaped by their digital experiences. Retailers who fail to understand those new needs and adapt accordingly will struggle.
As chief customer officer at OHL, Scott McWilliams spends a lot of time building customer relationships. He shares insights on how to nurture those relationships and how to recognize when things are going south and turn those situations around.