Articles
Commentary
Supply Chain Execs Shift Focus From Sustenance to Survival
While we usually reserve 1990’s nostalgia for fashion, film, and music, a glimpse back at the technology landscape is just as jarring. Many remember a time before the internet was a necessity, but what about the pre-SCM age? For today’s large manufacturers, distributors, and retailers, supply chain management (SCM) has become such an indispensable area […]
Read MoreWho Are You Doing Business With?
In our ever-connected and increasingly global economy, aggregated, real-time global trade data—such as denied party screening results—helps businesses ensure protection and compliance. Denied party screening is critical in shipping and international trade, and essential for minimizing business risk today. Country governments and international organizations maintain lists of people, organizations, and countries they are prohibited from […]
Read MorePhysics of a Customer-Centric Supply Chain
The supply chain strategy shift from business cost efficiency to customer purchase location flexibility is similar to the Copernican Revolution. Many companies are becoming customer-centric and putting the customer’s experience at the center of business objectives. Nicolaus Copernicus’ Revolution was the creation of a heliocentric model where the sun—instead of the earth—is the center of […]
Read MorePrepare Today for the Workforce of Tomorrow
In the past decade, consumers have embraced the internet to gain control of the shopping landscape. Shoppers no longer clip coupons or wander big box stores without information. Instead, they compare prices, seek out deals, and research and review products on their smartphones—from wherever they happen to be. In response, retailers have to increase consumer […]
Read MorePanama Canal Expansion: Four Keys to Unlocking its Potential
The Panama Canal’s new set of locks offers the opportunity to increase ocean transportation by more than twice the number of containers on one ship, creating a potential sea change in economies of scale. Here’s what shippers need to know. Today’s global macroeconomic and cross-border logistics environment is already incredibly complex, with higher U.S. domestic […]
Read MoreDoes Your Supply Chain Need an Alignment?
If your supply chain isn’t aligned with your overall competitive strategy, then performance may fall short of expectations, with higher costs, poor execution, and reduced revenue and profits. When a company develops a strategic growth plan, it has to decide which priorities—cost, quality, time or flexibility—to focus on. It must then manage the supply chain […]
Read MoreHow Secure Is Your Air and Ocean Cargo?
Air and ocean cargo security remains a high priority for supply chain managers across the globe. While cargo theft has been a concern for years, organizations also contend with the risk of terrorist groups uncovering vulnerabilities in global supply chains to carry out illicit cross-border operations. While the United States introduced the C-TPAT program in […]
Read More10 Steps for a Win-Win Shipper-Forwarder Partnership
While many companies rely on forwarders and brokers for compliance, it is ultimately the importer/exporter’s responsibility. Here are 10 key steps to create a win-win partnership with your forwarder where compliance is the top goal. Create SOPs. Standard operating procedures (SOPs) clearly communicate how you expect the forwarder to proceed in certain situations and should […]
Read MoreDialing In to the Secondhand Smartphone Market
More than any other mobile device, our gadget-centric society loves smartphones. The next big thing is always right around the corner. And that’s the phone we want. This compelling trend has spawned a budding market for secondhand smartphones. Many consumers are content to chase the next product generation one or two years behind if it […]
Read MoreWarehouse Fires Can Cripple Your Business. Preventing Them Just Got Easier.
As warehouse heights have increased with the help of new materials handling technology, so have the risks. That’s why fire codes often require property owners to install dense arrangements of expensive sprinklers throughout the racks. Fortunately, alternative designs can make this “in-rack” sprinkler protection far less cumbersome and costly. The proper sprinklers can be essential […]
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