Analyst Insight: With the rise of e-commerce, higher customer expectations and skyrocketing transportation costs, the business case for automation has changed. It's not just about accuracy and labor savings anymore. It's also about the incremental revenue and competitive advantage that comes from improving customer service and better managing inventory. – Frank Jewell, Food & Beverage Industry Leader, Fortna Inc.
Yusen Logistics (Cambodia) Co., Ltd. has acquired a customs license from the Cambodian Ministry of Economy and Finance, allowing the company to offer customs clearance for Cambodian imports and exports.
Sue Montgomery, senior business analyst with March Networks, talks about the challenges her company faces in gaining full visibility of supply and demand, and in dealing with increasing supply-chain volatility.
Richard Bank, director of the Sustainable Supply Chain Foundation, supplies an update on the organization's efforts to instill voluntary standards for sustainability in the warehouse, as well as other logistics processes.
Analyst Insight: When asked why he robbed banks, Slick Willy answered, "Because that's where the money is!" Where's the money in your company? Capital for new projects is a real challenge, with an appropriation process that is complex, political and arduous, commanding the attention and scrutiny of the executive committee. Yet, planners and schedulers armed with custom spreadsheets routinely make million-dollar working capital decisions every day! - Rich Sherman, Principal Essentialist, Trissential
Analyst Insight: Inventory is the most visible dimension of supply chain performance. It is scrutinized on the balance sheet by the CFO and external analysts. However, inventory performance is more than a financial metric. Supply chain leaders who are charged to act as stewards for inventory performance must ensure sound planning and supply execution while collaborating to influence and align with demand and product managers. - Paul Lord, Research Director, Gartner Supply Chain