A few years ago, DHL Express was in a downward spiral of data quality. The company had used a Microsoft costing tool deployed locally in the 200 countries in it operates. Graeme Aitkin, vice president of business controlling, said the tool used employee interviews to localize cost allocations, asking couriers how they spent their time every day. In the old days, he said, when the data wasn't available, it wasn't possible for a company to have a unified costing and pricing system across a global company.
It's a military truism that amateurs talk strategy while professionals study logistics. Two engaging new World War II histories remind us why logistics matter more. In fact, in wartime, logistics eats strategy for lunch.
A case study examining the challenges that Red Star Traders faced in retooling its import supply chain to meet growing demand, with managing principal Lenny Vainberg.
One of the most constant staples of science fiction is its view of the automated world of the future. Whether it was the giants of the genre (H.G. Wells, Isaac Asimov, Ray Bradbury, Arthur C. Clarke, Jules Verne), animated movies or the Tomorrowland section at the Disney properties, all envisioned a world where manual labor was largely replaced by intelligent machines rapidly performing dull, repetitive tasks.
The European Commission has explained why its members felt that EU merger regulations forced the body to block the proposed acquisition of TNT Express by UPS.
The American Chemistry Council issued new research documenting how a lack of freight rail competition is costing U.S. chemical companies billions of dollars in excess shipping costs each year. Showing shipping rates that often exceed 300 percent of the revenue-to-variable cost (RVC) ratio, the ACC study estimates that if the $3.9bn premium on chemical shipments were reduced, the chemical sector could create up to 25,000 additional American jobs, with $1.5bn in new wages, and $6.8bn in new economic output.
The National Retail Federation released its 2013 economic forecast, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent*, slightly less than the preliminary 4.2 percent growth seen in 2012. The subdued forecast comes on the heels of a holiday season that went head-to-head with Washington's political wrangling over fiscal concerns, shifting consumers' spending plans downward. In the end, holiday sales in 2012 grew 3.0 percent.