On the eve of his inauguration and his party's return to power, Mexico's new president, Enrique Peña Nieto, vowed to reshape his country's education, business and energy sectors in ways that could have profound effects on the United States.
We are living in a world of speed, immediate accessibility and instant gratification. To keep up with the demand, manufacturers have to procure raw materials, build components, assemble finished goods and physically ship them across the world. Yet they are challenged with shorter and shorter lead times, an unlimited range of finished goods SKUs, selling goods and procuring materials globally and the unending pressure to do more with less. This concept of speed when applied to material replenishment has come to be known as "Inventory Velocity". There are some principles and practices on how to improve inventory velocity in this complex environment.
Knapp, an Austrian firm specializing in warehouse automation and logistics, has developed an RFID-based conveyor system for sorting and packing goods in a specified sequence. The solution ensures that items can be placed within boxes in the correct order"”for instance, with the heaviest products on the bottom"”and that packages can be loaded onto trucks in a particular sequence, so they can be unloaded easily at various stops along a delivery route. At present, the system is being installed at a warehouse operated by Olymp, a German manufacturer of men's shirts.
Independent specialist advisors Drewry and global forwarder network WACO-System intend to introduce the first independent multi-trade air cargo freight rate benchmarks into the market.
The experience of a Houston-area couple indicates that maddeningly frustrating experiences with online shopping continue, and to the detriment of retailers.
A guide has been published by Sourcing Journal Online and TradeCard to help supply chain executives in the apparel industry take advantage of sourcing locales in Latin America as they pursue strategic initiatives requiring faster turnaround and more reliable delivery of goods.
Dave Noble, director of sales and marketing with Seegrid Corp., offers a glimpse into the use of vision-guided robotic industrial trucks in manufacturing and distribution facilities. He also shares his view of the technology's future.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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