Trucking companies say they're feeling the pinch from the new Hours of Service (HOS) restrictions imposed on them earlier this year. But the industry was already suffering from an acute driver shortage before it shouldered that additional burden.
Will Benton, chief executive officer with GAINSystems Inc., defines the term "optimization" as it relates to inventory management, and shows how companies can reap big benefits from applying the concept to their operations.
With almost 28 percent unemployment and a lingering recession that's wiped out one-fourth of their country's economic output, it makes sense that Greek consumers plan to trim their Christmas spending by 12.8 percent this year. What's more surprising is that the average Greek budget for holiday gifts, food, and drink is €451 ($608)"”more than the €399 average in Germany, the country that has borne much of the cost of a Greek bailout.
Surprisingly strong exports reported by China on Friday bolstered the view that the global economy is improving, just as Chinese leaders were set to hold an important policy meeting to flesh out their economic agenda for the coming years.
Plastic bags that can stop bread and cheese from going moldy after just a few days have been developed by scientists. The technology, which uses chemicals that prevent bacteria and fungi from growing, allows food to last for longer.
Supply chain optimization is at the heart of a four-year plan by Kellogg's to save up to $475m a year by 2018. The company estimates that by the end of 2017, Project K will reduce the company's global workforce by about seven percent.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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