Properly planning for the unplanned - a supply chain disruption of any kind and for whatever reason - means optimizing your distribution center network, having the right modes lined up to transport your goods to market, and ensuring that you choose the best ocean port, says John A. Moseley, general manager, trade development, at the Port of Houston Authority. It also means having a backup port just in case.
Two years ago, the director of sustainability at a $1bn consumer-products company suggested the corporate budget committee add a new criterion in deciding which capital projects to approve: the project's environmental impact. The director devised a metric for measuring the impact in categories such as water usage, waste reduction, packaging and carbon emissions. The idea saved $20m the first year.
One night last January, Mark Shields was home in his kitchen making hummus, listening to This American Life, WBEZ's popular syndicated radio show. He was streaming the podcast on his Mac laptop via Apple's AirPort technology, which turned out to be an appropriate platform for listening to the episode, given that the subject was Apple itself.
Improved U.S. competitiveness and rising costs in China will put the United States in a strong position by around 2015 to eventually add 2 million to 3 million jobs and an estimated $100bn in annual output in a range of industries, according to a new report by The Boston Consulting Group (BCG).
Mexico, the United States' southern neighbor offers transportation distances a fraction of those from Asia, a labor force a good deal cheaper than domestic workers, and a country causing fewer headaches about intellectual property and other trade concerns. But in recent years, drug-related violence along the border has caused some manufacturers to be more cautious about making the move to Mexico.
When Amazon announced its $775m cash deal to buy Kiva, a robot automation fulfillment center player, it put many of its existing retail clients in a bind. This includes current Kiva clients - Walgreens and Saks, among others - plus other recent (and possibly current) customers, such as Gap, Crate & Barrel, Staples, Dillard's, Toys 'R' Us and Office Depot.
There has been a recent renewal of interest in collaboration among supply-chain partners, according to Ann Grackin, chief executive officer of ChainLink Research. Reasons include a greater reliance on outsourcing and the general trend of globalization of trade. Yet another element is the desire to draw on sophisticated technology, including video, teleconferencing and social networks, to link all players throughout the chain. With such factors in mind, says Grackin, "you need working relationships with trading partners to be successful."
Determining the best way to store and ship products is a crucial part of your business. There are a number of options for doing so, and two of these are becoming increasingly popular: drop shipping and third-party order fulfillment.
APQC, which specializes in benchmarking and best practices research, has released a report that identifies 14 key category management best practices grouped in four areas that are necessary for the procurement organization to become a true partner and sustainable value driver for business.
A rise in cargo theft reporting is attributable to improved collaboration and data sharing between the insurance and transportation industries and law enforcement, according to a report from CargoNet.