Companies typically spread supply chain costs evenly across customers and products, but that results in some products and services subsidizing others, says Stan Aronow, director of supply chain research at Gartner. Aronow explains how cost-to-serve modeling can provide insights that lead to smarter and more profitable operating decisions.
Recognized by the Council of Supply Chain Management Professionals as an emerging supply chain leader, Keiko Arai talks about the supply chain leadership development program she recently completed at Bell Helicopter Textron and why she chose SCM as a career.
Supply chain and logistics play key roles in responding to both acute and chronic humanitarian crises. Whether the cause is a natural disaster, armed conflict or simply undeveloped infrastructure, Jarrod Goentzel says the MIT Humanitarian Response Lab is working to improve supply chain response.
Before attempting to enter a long-term relationship with a 3PL, shippers first need to be clear internally about the goals and objectives they hope to achieve and about cultural guard rails that might thwart necessary information sharing, says Sean Coakley, senior vice president at Kenco Logistics Group.
A.P. Moller-Maersk has agreed to sell substantial stakes in Denmark's largest retailer and a department store chain, as the shipping and oil conglomerate slims down to boost performance.
Today's shippers are done talking about collaborative freight solutions and are ready to allocate resources to design and implement programs that can scale, says Ben Cubitt, senior vice president for consulting and engineering of Transplace. He describes the role that 3PLs can play in such projects.
The past year was a good one for the third-party logistics industry, according to the14th annual 3PL Study. Shanton Wilcox, principal at Capgemini Consulting, a co-sponsor of the study, highlights year-over-year changes and responses to "deep dive" questions.
Densification is the process of reducing product size (volume or weight) while maintaining or increasing its value. This is not a new trend. In fact, it is a tenet of good supply chain management and logistics, according to a four-part blog series published by the MIT Center for Transportation & Logistics.
