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Drilling Down Into Supply Chain Data
Q: How can today’s manufacturers deal with increasing regulations, demand volatility, and shifting global trade currents? Hazen: First, recognize that complying with increasing and changing regulations is a requirement. Second, allow longer lead times in holding inventory and making shipments; use expedited service when necessary. Third, placing inventory nearer the customer’s location may be needed […]
Read MoreStrong Relationships Net Long-Term Value
Q: From your perspective as a sourcing technology provider, what trends and challenges do you anticipate shippers will encounter in 2010? Wilson: 2010 will be an interesting year for shippers and carriers alike. Some reports show that spot rates have been rising since last fall, and most analysts believe they will continue to rise as […]
Read MoreDitch the Spreadsheets, Implement a TMS
Q: How can value chain partners cooperate to create and share efficiencies? Vanselous: It amazes me that so many shippers and carriers still rely heavily on manual processes in daily transport operations; only 38 percent of companies currently use transportation management software, says AMR Research. Ongoing cooperation with value chain partners is possible with integrated […]
Read MoreBe the Captain of Your Fleet
Q: How would a business interested in optimizing its fleet operations decide where to start in evaluating technology? Brown: Most companies decide by asking those they know—relying on word-of-mouth from friends, colleagues, sometimes even competitors. Of the few companies offering solutions in this space, some will claim they are the best, so assessing credibility and […]
Read MoreFree TMS Software: The Price is Right
Q: What will be the biggest change to Transportation Management Systems (TMS) technology in the next three to five years? Higham: The leading TMS technologies will be offered at no charge to customers in the next few years. True innovators offer free TMS technology as a means to an end; to move more freight for […]
Read MoreGlobal Trade Compliance: See it All, Know it All
Q: What do you see as the key changes on the horizon in managing regulatory compliance globally? Barnes: As different countries implement both security and trade-led initiatives around the world, it is critical to improve global regulatory knowledge and visibility. Global trade is growing and so are the associated regulations. The only way for regulatory […]
Read MoreFTZ Solutions: Zoning in on the Right Fit
Q: Are companies missing a great opportunity by not using Foreign Trade Zones (FTZs), given the market advantage they can provide? Slossberg: The simple answer is ‘maybe.’ The best way to identify whether the ROI justifies the investment is to engage an FTZ consultant. This professional can walk you through the process and make a […]
Read MoreWind Logistics: A Mighty Wind
Rapid change follows rapid growth in the wind power industry. Here’s how logistics providers are working to go any way the wind blows.
Read MorePrime Location for Logistics: Nebraska
Centrally located and boasting a highly trained workforce and low industrial power rates, Nebraska offers an ideal site for logistics operations.
Read MoreIt’s Time to Start Looking at the Future and Preparing for the Long Haul
The challenges of the current economy and the availability of capacity have driven truckload prices to their lowest point since 2005. While most shippers have seen great opportunities with the decline in pricing, the market is changing. As recent research from Noel Perry and FTR Associates indicates, market pricing bottomed out in the second quarter […]
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