Kook Pak LLC is expanding its chilled and frozen storage services on the U.S. West Coast, through an agreement with Sierra Pacific in Patterson, Calif.
Import cargo volume at the nation's major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Carriers can still make money despite falling freight rates, according to Drewry's latest Container Annual Review & Forecast 2014/15. Surprisingly, some medium-sized lines retain unit cost advantages.
Businesses are continuing to shift resources from brick-and-mortar and other traditional sales channels to an e-commerce environment. What began primarily for business-to-consumer shopping is being emulated by merchants in the business-to-business sector, and has thus far been successful.
The recovery of the ocean container industry – possibly by late 2016 or 2017 – is to be based around the formation of the new mega alliances and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level, according to Drewry's Container Annual Review & Forecast 2014/15. A different recovery is taking shape, which is unlikely to be built on any improvement in freight rates.
Gaining deep visibility into sales channels and a timely understanding of every detail about product shipments is essential to modern businesses. Granular knowledge – about what items were sold, who sold them, who bought them, where they are now, and whether they’re being returned – gives manufacturers an edge in optimizing the final mile of the supply chain. That information is known as channel data, and the tools used to gather and manage that data are known as channel data management systems, or CDM.
The furious pace of M&A activity in life sciences indicates there is serious money to be made there. But successful companies must quickly adapt their supply chains to the challenges that shifting customer needs and industry regulations bring. Five crucial ideas that winners must understand are outlined below.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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