Consumers today want the ability to purchase and return products via any channel, at any time, at the best price. To meet those expectations, companies that traditionally have had disparate fulfillment models must now merge both the informational and operational aspects of those models into one, says Todd Peters, CEO and vice chairman of GENCO.
Graybar, a distributor of electrical, communications and data-networking products, as well as provider of related supply-chain management and logistics services, has beefed up its sales network.
The many operational differences between domestic and international transportation has historically meant separate and distinct management of these two sectors. Research shows that today's shippers, however, believe there are efficiencies to be gained by managing both domains on a single platform.
Many shippers could save money by taking advantage of the substantial spot market for transportation, says Ralph Galantine, product manager at DAT. Capacity varies greatly by lane, however, so good market data is essential.
Cognex Corp. has developed a new version of In-Sight Track & Trace, the company's identification and data-verification software for healthcare product serialization.
Regional parcel carriers can fill an important market niche for many shippers, says Mark Magill, director of business development at OnTrac. By specializing in next-day deliveries within specific and often large geographic regions, these carriers can offer greater flexibility, faster transit and lower rates, he says.
The number one imperative for North American shippers continues to be cost reduction and cost containment, which means that logistics providers must analyze and scrutinize operations more diligently than ever in order to find such opportunities, says Jeremy Haycock, president of Damco North America.
Benoit Reinards of Flanders Investment and Trade explains why global retailers like Nike have made Flanders their hub for distribution throughout Europe and beyond.
Bill Clement, vice president of intermodal at CSX Transportation, thinks an additional 9 million truckloads a year could and should be moved from highway to rail, and explains why CSX is taking that message directly to shippers.