Thursday, March 01, 2012
Even with a slight decline from January, data released today by the Institute for Supply Management (ISM) indicates that manufacturing is on strong footing and still in growth mode.
Our annual panel convenes to paint a murky picture for truckload shippers due to increasing rates, unresolved regulatory shifts, and an increasingly competitive landscape.
With a bit of creativity, a lot of planning, and the latest in automated sortation technology, the retailer’s impressive DC retrofit increased merchandise-processing speed to its stores, improved accuracy to 99.5 percent, and significantly reduced transportation costs.
Our March issue includes coverage of a number of recent collaborative efforts geared toward driving the industry forward through the power of a more unified voice.
I often run home from a store, write down the events of an interaction that I had, and then lose the note. However, in a recent case, the unsolved problem had a built-in, daily reminder. Almost every night my Droid smart phone automatically turned itself back on after I powered it off—if I could only be so lucky with the other notes I lose.
While analysts say this should be a growth year for air cargo, pressing challenges such as increasing EU regulation, the pent-up demand in Asia Pacific, and the cost of global security still weigh heavy on the sector.
I want to draw your attention to developments in Washington that threaten to overwhelm shippers with new liabilities that carriers have traditionally controlled.
In Logistics Management’s April 2010 issue, we introduced Profit, Sales, and Operations Planning (PS&OP), a way to align supply chain decision-making with high-level financial goals and long-range strategic planning. Since that time, more companies have begun implementing PS&OP-like approaches—using financial data, scenario modeling, and analytics to concurrently optimize sales, balance demand and supply, and maximize profits.
Refinery closures and sulfur regulations threaten to push diesel prices over $5 this year.
Dealing with challenges and the unknown is considered a given for supply chain and logistics managers. When the unexpected happens, it is imperative that they are taking steps to manage risks in an efficient and proper manner. But according to a report from Accenture and the World Economic Forum, entitled “New Models for Addressing Supply Chain and Transport Risk,” that is not always the case.