Nelson Cabrera, director of business development at Lilly and Associates, provides first-hand information on the operation of Panama's Colon Free Zone.
Consumers today want the ability to purchase and return products via any channel, at any time, at the best price. To meet those expectations, companies that traditionally have had disparate fulfillment models must now merge both the informational and operational aspects of those models into one, says Todd Peters, CEO and vice chairman of GENCO.
An automated yard management system gets drivers in and out of facilities quickly by using electronic gate readers and providing exact trailer locations. Aleks Gollu, CTO and founder of PINC Solutions, discusses these and other benefits.
The many operational differences between domestic and international transportation has historically meant separate and distinct management of these two sectors. Research shows that today's shippers, however, believe there are efficiencies to be gained by managing both domains on a single platform.
Kieran Brennan, director of business development with Syncreon Technology, discusses the "yo-yo" effect of choosing between complete manufacturing at the factory, and relying on postponement strategies in regional markets.
Many shippers could save money by taking advantage of the substantial spot market for transportation, says Ralph Galantine, product manager at DAT. Capacity varies greatly by lane, however, so good market data is essential.
The rapid growth of e-commerce and, in some cases, declining store sales raise difficult questions for retailers around whether and how to integrate their various distribution channels, says Andrew Breckenridge, executive vice president of Fortna. He outlines key issues influencing these decisions and identifies other retail trends to watch in the coming year.
Regional parcel carriers can fill an important market niche for many shippers, says Mark Magill, director of business development at OnTrac. By specializing in next-day deliveries within specific and often large geographic regions, these carriers can offer greater flexibility, faster transit and lower rates, he says.
The number one imperative for North American shippers continues to be cost reduction and cost containment, which means that logistics providers must analyze and scrutinize operations more diligently than ever in order to find such opportunities, says Jeremy Haycock, president of Damco North America.
Seagate Technology has launched a program to eliminate costly and wasteful inventory from its supply chain. Scott Robbleloth, director of supply chain, explains how the company did it.