Big business could be saving millions of dollars per year - a full margin point or more - on their indirect spend: areas like IT, logistics, marketing, and energy that may not be a part of a business's core product, but have a big impact on the bottom line.
Resilience and resourcefulness are two terms that have become closely associated with North American railroads in recent years. The industry has emerged from the worst economic recession since the Great Depression in relatively solid shape, and enters 2013 positioned for growth.
A familiar concept is extended into the logistics arena, to help Dow Chemical Co. forecast both short- and long-term capacity requirements for transportation services.
These are difficult times for economists and company managers because the outlook for 2013 is highly dependent on how the fiscal cliff (the large government budget cuts and tax increases that take effect on January 1, 2013) impasse is resolved and secondarily on whether Europe continues to recover from the recession resulting from its fiscal and financial crisis.
A survey by ShopRunner, which brings together a network of retailers to deliver shopping services, found that consumers are not concerned solely about free shipping on purchases, but free return shipping is increasingly at the forefront of their needs.
For smaller items delivered to most of its business customers, the company has replaced corrugated cardboard boxes with returnable plastic totes and paper bags. The experiment has yielded big benefits in less than a year.
The whole "fiscal cliff" mess, even if averted for the moment, promises to have a huge, long-term impact on nearly every aspect of American life. Transportation, as it so often does, will likely take its place far down the list of lawmakers' priorities. At least until crumbling highways, collapsed bridges and inadequate roads bring key portions of the national infrastructure to a standstill.
Global logistics and transportation operations are staggeringly complicated at a giant like Pfizer. The company and its many partners needed access to everybody's information in real time.
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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