Retailers are moving away from liquidating outdated inventory for a set price of pennies on the dollar, says Jeremy Witte, COO of Genco Marketplace. Instead they are looking to partners to maximize liquidation returns through a network of secondary merchants.
The focus of RFID in the supply chain has shifted from case tagging to item tagging, says Ann Grackin, CEO of ChainLink Research. Grackin explains why this is so and details other areas of the supply chain where RFID is being embraced.
Managing the multiple relationships in today's supply chains requires a new level of cross-functional business processes, says Doug Lambert, director of the Global Supply Chain Forum at Ohio State. He identifies eight critical processes and explains methods for implementing them.
The outgoing and incoming chairmen of CSCMP's Young Professionals Committee affirm the importance of helping young supply chain professional successfully launch their careers. A new mentoring program and a focus on student Roundtables are two highlighted initiatives.
The biggest barrier to innovation in global supply chains is the inability of companies to identify and then quickly react to opportunities, says Corey Rhodes, vice president-Americas at Amber Road. He discusses the reasons behind these shortcomings and steps to remedy them.
Presidents Tommy Barnes and Joel Clum of Con-way Multimodal and Carrier Direct, corporate partners with the University of Tennessee and Georgia Southern in this year's Study of Trends and Issues in Transportation and Logistics, discuss new transportation tenets distilled from survey responses.
Retailers, particularly big box stores, are demanding more customized packaging of products, which increases demand for contract packaging services, says Dave Mabon, president of contract packaging at Genco. With margins that average 30 to 40 percent, this presents a huge opportunity for service providers.
Providing parts and sub-assemblies to automotive production lines is a highly complex activity, requiring rapid, automated sequencing and sophisticated error proofing. Bo Cheng, director of the automotive business at Comprehensive Logistics, explains how his company is keeping pace as automotive volumes return to pre-recession levels.
Picking in a frozen environment with heavy gloves, paper and pencil impaired the productivity and accuracy of operations at Perry's Ice Cream in Akron, N.Y. A voice-picking system from Vocollect enabled Perry's to solve these problems and gain other benefits.
There are sound economic and environmental reasons for commercial truck fleets to consider natural gas as an alternative to diesel fuel, says Patti Murdock, president and founder of Clean Logistics Consulting. Higher equipment costs and a still developing infrastructure, however, mean that it is not right for all situations.