Managing costs and taking advantage of low freight rates, to be sure - but their real concern is maintaining a high level of customer service in a time of reduced demand.
Manual yard operations continue to be the norm for many companies, but they are clearly losing out on substantial savings, says Aleks Gollu, CEO of PINC Solutions. Moreover, effective yard management benefits the entire supply chain.
While discussing the specifics of the supply chain in the aerospace industry, Jun Tsuruta, director of supply chain at Lockheed Martin, Kelly Aviation Center, notes that managing risk and separating "suppliers" from "vendors" is crucial in any vertical.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management 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 finance and revenue management solutions for supply chain optimization.
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