Chris Caplice, executive director of the MIT Center for Transportation and Logistics, discusses his research on identifying dominant designs in logistics and how these designs, in which companies are heavily invested, may be disrupted by emerging trends.
Sourcing and transporting raw materials and components are growing expenses for U.S manufacturers and distributors. Foster Finley, managing director, AlixPartners LLP, offers advice on how better sourcing decisions can help keep these costs in control.
Rick Blasgen, president and CEO of CSCMP, reflects on the organization's accomplishments over its 50-year history and shares his vision going forward for the industry and its practitioners.
MIT's High-Viz Supply Chain Project is developing a way for companies to automatically map and analyze supply chain risk. Bruce Arntzen, executive director of the Supply Chain Management Program at MIT, explains the methodology underlying this project, progress to date and barriers that still exist.
Success in marketing to U.S. millennials"”the generation of people now 18 to 34 years old"”will be critical to companies across product and service categories. One reason, of course, is that millennials represent the consumer market of the future.
Hong Kong has maintained its status as the world's freest economy, a distinction that it has achieved for 20 consecutive years. The nomination was made in the 20th anniversary edition of the Index of Economic Freedom, published jointly by The Heritage Foundation and The Wall Street Journal.
Ocean container import and export activity for the U.S. ended on a strong note in 2013, with imports soaring 17.7 percent and exports rising 5.7 percent from November. Both upticks are seasonally expected, but the import volume was especially stronger than normal.
Significant further testing must be conducted into the provision of advance data for air cargo and mail parcels security screening. Furthermore, common global standards and procedures must be developed to avoid potentially serious disruption to the flow of world trade, according to The International Air Cargo Association (TIACA).
The Home Depot's ongoing supply chain transformation last year included the opening of 20 new distribution centers, improved inventory turns and lower costs, all achieved while supporting double-digit growth. Charles Armstrong, vice president of supply chain distribution, highlights these accomplishments.
There are cyclical industries, and there's the defense industry. In wartime, billions of additional dollars flow to defense contractors from the U.S. government, and in peacetime, Congress tightens the money spigot. It's a cycle that all contractors are used to, except this time around there's an added dimension: the Budget Control Act of 2011 and sequestration.