Executives want to know that their organization isn't wasting time or money. For logistics organizations, that means trucks should only be doing what is necessary to support the business, and nothing else, to ensure that time and money are invested only in value adding activities.
Global trade management (GTM) solutions streamline and automate processes related to customs and regulatory compliance, global logistics, and trade financing. By doing so, GTM solutions facilitate the flow of information, money and goods in global trade supply chains that include buyers, sellers and intermediaries, including customs agencies, banks, and freight forwarders.
Many a company has a "customer first" approach, and improvement methodologies such as Lean and Six Sigma start with the "voice of the customer". So what is the point in trying to solve modern-day business problems with ethnography methods that many people still exclusively associate with anthropology?
Recently, its rivals were reportedly upset after details of Amazon's warehouse arrangement with Procter & Gamble and other major suppliers were revealed.
Improvement in a number of indexes suggest optimism for the manufacturing sector in the coming three to six months, according to the quarterly MAPI Business Outlook.
While many large companies are aggressively pursuing globalization of their products and brands, the large majority are flying blind, without the ability to truly see what is happening globally or make adjustments, according to new research from The Hackett Group Inc.
Retail sales were lagging long before the government shutdown, but the hit that the economy took from the closure didn't help things at all. Now, the National Retail Federation, the industry's top trade group, said that shoppers this year planned to reduce spending on presents and holiday preparations.
After a summer of strong, steady activity, spot market truckload freight volume showed a seasonal decline, dipping 5.3 percent in September compared to August, according to the DAT North American Freight Index.
The Air France-KLM group (AF-KL) has pledged to remain in the maindeck cargo business, despite further reductions in its freighter complement. In a media briefing at Amsterdam's Schiphol Airport, Erik Varwijk, executive vice president of Air France-KLM-Martinair Cargo, said that over the next two years, the group will shed four of its current 14 freighters.