When the much-anticipated expansion of the Panama Canal is completed late next year, cargo ships the size of aircraft carriers will ferry goods from Latin America and Asia directly to East Coast ports and back. These ships - up to two-and-a-half times bigger than those currently allowed - will uproot trade patterns developed over the last century and will affect nearly every sector of the U.S. economy.
Demand planning and forecasting projects are popular tactics today for boosting financial results and shareholder value-for good reason. They typically produce one-time and often significant inventory reductions but also higher inventory turns that allow organizations to sustain lower inventory levels over time. The results look great on paper, prompting executives to search for more ways to "optimize" inventory throughout the supply chain.
The University of Southern California housing office knew its housing facilities, on and off campus, had upwards of 60,000 pieces of furniture and appliances. But until the student housing office deployed a radio frequency identification system, tracking which items were at what locations, as well as which were broken, missing or due for replacement, required exhaustive manual inventories. Those inventory counts, typically conducted during summers, required the hiring of temporary workers and many hours of labor to catalog what was where.
Chief information officers (CIOs) in transport and logistics have an unprecedented opportunity to take a leading role in their organisations, thanks in part to the rise of "shadow IT".
The many weeks of positive airfreight numbers during the 2014 peak season, inflated somewhat by the ongoing West Coast port crisis, were reflected in the latest figures from WorldACD, showing worldwide volume growth of 4.3 percent, compared to the previous November.
Eight years into a career in supply chain, Susie Conley, program specialist with Caterpillar Inc., talks about her experience, the opportunities that exist for new entrants into the job marketplace, and the attributes that make a modern-day supply-chain professional successful.
DIRECTV’s service depends on equipment imported from Asia and forward-positioned in 250 locations to support home installations. Having long used Microsoft Excel to forecast demand, the company had a rocky journey to an automated forecasting system from SAP. Randy Sullivan discusses lessons learned and ultimate benefits.
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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