Business-to-business e-commerce is on a tear and set to grow even more over the next few years. Are industrial distributors keeping pace or falling behind?
Manufacturers frequently ask themselves, "What if...?". What if a typhoon hits a major supplier in Asia and disrupts shipments? What if port workers go on strike in Long Beach? What if customers have expectations of order fulfillment within two days and you're losing sales to competitors? What if my inventory levels aren't sufficient to meet future demand for a product? What if I'm carrying excessive amounts of inventory that may turn to waste?
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Challenge: The leading global manufacturer of advanced plasma, laser and water jet-cutting systems with worldwide operations and partners, experienced significant growth. Due to this growth, their existing label printing system presented considerable risks to operations. Their system was prone to breaking, ultimately causing significant downtime, with five to ten hours of troubleshooting each week. All of this resulted in customer dissatisfaction, brand integrity issues, and lost revenues, equaling $25,000 – $100,000 worth of productivity each week.
CMA CGM has launched a Med Gulf Ecuador (MGE) service, offering a direct connection between the Mediterranean Sea, Caribbean, Gulf of Mexico, Colombia and Ecuador.
ALOM, a provider of supply-chain management services to Fortune 100 companies in the technology, automotive, medical, telecommunications, utility and energy sectors, has opened a new Asia-Pacific headquarters in Hong Kong.
Hong Kong Air Cargo Industry Services (Hacis), the logistics arm of Hong Kong air-cargo handler Hactl, has opened a new inland cargo depot in southern Guangzhou, its seventh in mainland China.
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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