All Columns Entries
Friday, November 01, 2013
Every November we step inside the warehouse and distribution center (DC) facilities of Logistics Management readers to get a better look at how the activities and processes inside the four walls are affecting their overall logistics and supply chain operations.
Many of us think in terms of three dimensions, but I believe we need to broaden our horizons.
Innovation isn’t the only path to prosperity. However, a growing number of companies have come to think that innovation’s risks outweigh its benefits. Thus they’ve opted to retain their “safe” business models and also focus more on product line extensions than real breakthroughs.
Tuesday, October 01, 2013
The editorial staff of Logistics Management
) is thrilled to once again have the winner of the NASSTRAC Shipper of the Year Award grace our October cover. For nearly 20 years, LM
has partnered with NASSTRAC, one of the leading logistics and transportation advocacy organizations, to fix the spotlight on a savvy logistics operation that has demonstrated excellence in the execution of a strategy designed to advance their company’s business mission.
What’s a dim? It’s your domestic intermodal manager. If you don’t have one you might need one soon. Or better yet, you might want to consider a cross-functional team knowledgeable on domestic intermodal management.
Every year, more products are being produced by companies whose supply chain operations are intelligently linked with suppliers and business partners. Many of the machines that make those products are guided by advanced data analysis, decision science, and other smart technology. The people who consume those products are probably using digital connections to guide their choices and ultimately make a purchase.
The natural gas market outlook has been a frequent topic covered in this column over the last two years. Over this time, I have consistently argued that although natural gas is abundant, natural gas prices will inevitably rise because the costs of production do not support the “glut” prices that have resulted from the fracking boom.
Sunday, September 01, 2013
That crisp, fall breeze signals that it’s time to dig into the findings of Logistics Management
) Annual Study of Logistics and Transportation Trends (Masters of Logistics), the clearest breakdown available of transportation spending across modes and the by far the most comprehensive summary of how logistics professionals are managing their operations in current economic conditions.
It’s been 15 years since I sold a successful third-party logistics business to a group of investors. And I would like to say that the strategy and market approach of the third party logistics provider (3PL) industry has changed greatly in those years, but I can’t.
This is no magic bullet that makes it possible for organizations to suddenly excel at end-to-end inventory management: to hold the right amount at the right place at the right time; to maximize enterprise-wide responsiveness to shifting demand; and to ensure crystal clear views of in-transit, in-process, and finished-goods inventories.