Hanko Kiessner, chief executive officer of Packsize International LLC, offers a new solution to cutting down on supply-chain waste - tailoring package sizes to fit each individual product being shipped.
Brad Householder and Glen Goldbach, principal and director, respectively, with PwC, report on the results of the consultancy's annual supply-chain survey.
Researchers at the University of Louisville, Ken. have created the Logistics and Distribution (LoDI) Index, a national economic indicator that is intended to help businesses monitor the health of markets and guide their investment decisions.
U.S. manufacturers are targeting an aggressive 1.5-percent reduction in cost of goods sold for 2013 in an effort to drive margin growth, according to a new study from The Hackett Group. With GDP growth stabilizing in major regions of the world, manufacturers are expecting reduced sales forecast uncertainty, enabling them to plan supply requirements and manufacturing capacity with far greater confidence, the study found.
Analyst Insight: The increasingly hyper-competitive supply chain landscape requires a reassessment of "old" supplier relationships and a paradigm shift. Executives are scrutinizing old business practices, especially those related to supplier management. Manufacturers are reassessing outsourcing engagements and bringing many of them back in-house (termed "backsourcing" or "reshoring") given that many of the original reasons for outsourcing have changed. Increased supplier segmentation will force a reassessment of supplier governance, with leading companies having segmented supplier management strategies. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University
Keppel Logistics Pte Ltd. (Keppel Logistics), a wholly-owned subsidiary of Keppel Telecommunications & Transportation Ltd, (Keppel T&T), has leased a two-hectare site for 30 years from JTC Corporation to develop an air logistics hub in the eastern part of Singapore.