Monday, October 01, 2012
The U.S. railroad industry, consisting of over 600 large and small service providers, has successfully engineered itself into a viable and largely profitable segment of the nation’s logistics marketplace.
Effective use of business analytics—using quantitative methods to derive forward-looking insights from data—is essential for companies that are serious about supply chain excellence. Why? Because with analytics, supply chain managers gain a deeper understanding of what is happening upstream and downstream. As a result, they’re better able to assess the operational impacts of prospective supply chain decisions.
A senior vice president of a major national carrier recently asked me if I thought that tomorrow’s shippers have the commitment to maintain the depth of talent necessary to manage one of the value-added programs that I allude to in my columns. I have always maintained that committed process and performance excellence bring exceptional benefits to both the company and its carrier partners, but they require a combination of developmental and seasoned talent.
Friday, September 28, 2012
Following a very strong performance from June to July, global trade activity from July to August took a step backwards, according to data released by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Posted on 09/28 at 07:56 AM
Global Logistics •
Carload volume—at 292,644—was down 4.1 percent, and intermodal volumes—at 250,253 trailers and containers—were up 0.7 percent.
Projections for conveyor equipment growth in the next six months are strong, and even stronger over the next 12 months.
Posted on 09/28 at 06:45 AM
Thursday, September 27, 2012
The logistics challenges of mining companies are unique and complex. Despite this, investments in logistics people, processes and systems often take a back seat to core investments around finding, extracting and processing minerals. Logistics costs as a percent of a mining company’s total operating costs may be small, but mining companies can uncover literally millions of dollars in hidden profits by reexamining how they address logistics challenges.
Do you have a great supply chain? Or do you have an optimized version of a not-so-great supply chain? This new white paper challenges readers to rethink the fundamental design of their transportation network, and asks "How can you design a transportation network that achieves its full potential?"
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 4.6 percent in July 2012 compared to July 2011 at $75.7 billion.
Posted on 09/27 at 10:54 AM
By this time next week, I will be very tired. Why? Because I will be recovering from the hustle and bustle of the Council of Supply Chain Management Professionals (CSCMP) Annual Conference, which is in Atlanta this year.
Posted on 09/27 at 09:25 AM
Supply Chain •