A long, long time ago, in a land not so far, far away, a world existed where logistics was linear: Pangaea. On this supercontinent, moving products from China to the United States, door to door, was simple. The goods would move over the road, heading southwest from lands where people spoke Chinese and stopped when people spoke American.
We've heard it before: chief procurement officers aren't just cost-cutters. They're contributing real value to the organization. But is that really true?
"An army marches on its stomach," Napoleon famously said.
While the high-technology sector captures the headlines, the supply chain sector is responsible for the heavy lifting, behind the scenes. The books, clothing, and goods that we purchase are increasingly made in Asia or Mexico; transported through multiple modes including air, ocean, rail and truck; passed through warehouses or cross-dock facilities; and delivered to your home via a last-mile delivery company.
Roughly seven months into the Los Angeles and Long Beach ports slowdown with, unfortunately, no end in sight, and manufacturers in just about every industry, from electronics to home goods, are feeling the pain.
The Centre on Regulation in Europe (CERRE) has published a series of studies designed to understand why competition in the European railroad industry has been successfully implemented in some cases but in others has led to a decline in the modal share for rail freight.
For all its promise of lower cost and easier management of software applications, cloud technology has yet to be fully embraced by supply chain managers.
The venerable factory is an important competitive weapon in the digital economy, according to Smart Manufacturing - The Path to the Future Factory, a report from research firm IDC Manufacturing Insights.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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