Even though the invoice-to-cash cycle is critical to corporate health, many companies give little attention to the billing process, says Sean Smalley of Billtrust. Many opportunities exist within that process, however, to speed payment and reduce costs.
Echo's recent acquisition of Command Transportation will grow its revenue by 50 percent and strengthen its presence in the truckload brokerage market, says Echo CEO Doug Waggoner. He explains the role of acquisitions in Echo's growth strategy and his view on 3PL consolidation trends.
Retailers increasingly are using customized packaging to meet the preferences of customers in specific stores, regions or channels, says Jason Tham, CEO of Nulogy. This work often is outsourced by brand manufacturers and Nulogy has developed software to link and streamline the process.
Today's businesses need to go beyond visibility to full transparency, says Nancy Marino, partner at Columbus Consulting, whose clients are mostly retailers. This means using technology to focus the performance of independent silos on corporate KPIs, thus improving performance, she says.
Staples Advantage, the business-to-business division of office supplies retail and wholesale giant Staples Inc., has relaunched StaplesAdvantage.com to make it more accessible and useful to large and mid-sized businesses.
Warehouse operations can be the throttle or the chokehold of a supply chain, a truth that has become more evident with the growth of e-commerce, says Robert Carver Jr., IBS director of sales. Carver discusses how technology is helping companies address challenges and opportunities in today's warehouse.
Consumers' demand for ever faster service and the overall rapid pace of change in today’s markets will force companies to completely rethink their supply chains over the next few years, says Thomas Craig, president of LTD Management.
Tim Brown, managing director of the Supply Chain & Logistics Institute at Georgia Tech, describes how supply chain education has evolved over the past two decades and highlights how the Institute is employing internet and hybrid classes to expand its continuing education program.
Steve Lovejoy, senior vice president for the Starbucks global supply chain, discusses initiatives that the company has under way to meet the "whenever, wherever" demands of today's consumers as well as projects aimed at understanding the consumer of tomorrow.
As warehouse workers get older and heavier it becomes harder for them to meet the physical demands of their job. Dr. Volker Schmitz, president of Schmalz Inc., a material-handling equipment manufacturer, explains how low-cost lift-assist equipment can alleviate this problem, while improving productivity.