Analyst Insight: Keeping talent has risen to be a concern for managers, directors and CEOs across the country. It's even caught the attention of academics. What policies employed at the DC level gets the most out of the money spent on training, and gets the best results? Our 2014 study starts to answer that question. – Karl B. Manrodt, Professor of Logistics, and Donnie Williams, Assistant Professor of Logistics, Georgia College and State University
Although the term "omnichannel" has become most associated with success in retail and consumer goods, few companies are confident in their omnichannel abilities, according to a new study by Ernst & Young and the Consumer Goods Forum. They blame the supply chain.
Analyst Insight: The pharmaceutical industry is finally sharpening its focus on profitability and efficiency. 2014 saw continued mergers and acquisitions, but more importantly, the acceleration of business focus on core sectors. Now that the impacts of the Affordable Care Act are better understood, the ability to streamline operations into sectors is driving spin-offs, sell-offs and renewed operational pressures. Two key drivers this year involving supply chains will be inventory reduction and control and lean cost reduction. – Brian Hudock, Partner, Tompkins International
TASCO Berhad, a subsidiary of Yusen Logistics in Malaysia, has begun operations at a new warehouse in Tanjung Pelepas, a port in the southern portion of the country.
With a new year comes a renewed focus on inventory and how to manage it. All systems and aspects of the supply chain must match up with customer demands in the ever-present and evolving omnichannel environment. After all, customers can order goods from anywhere on any smart device, and their expectations are that they will pick up their goods, or have their merchandise delivered to any place – on their terms. People want quick results – or else they will find another outlet from which to shop.
Aljex Software Inc., a vendor of cloud-based software for third-party logistics providers and carriers, has integrated its offering with FourKites, Inc., provider of a shipment-tracking application for shippers and brokers.
The total cost of ground transportation for Canadian shippers increased by 2.7 percent in December when compared with November results, according to newly published data from the Canadian General Freight Index.
Analyst Insight: It's no secret that the explosion of e-commerce, omnichannel, multichannel and social media - along with large online retailers' offerings - have significantly raised customers' expectations for rapid delivery, free shipping and free returns. Customers are clearly signaling that a company's successes and failures rest on high expectations of price, selection, convenience and experience. Companies must "get local" in order to meet customers' demands for speed of delivery. – John Spain, Partner, Tompkins International
Denmark's government laid out details of a plan to build a tunnel connecting the Nordic region to Germany and cutting traveling time, saying in a bill that it will cost 65bn Danish crowns ($10bn) and be in use by 2024.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.