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Think Tank
Global Supply Chain Management: Page 425
Maersk Line, Hapag-Lloyd Among Carriers Subpoenaed in Price-Fixing Probe
U.S. Justice Department investigators crashed a meeting of the world's 20 biggest container-shipping operators and gave subpoenas to top executives at several companies as part of a probe on price fixing, people with knowledge of the matter said.
Report: Digital Mapping and Risk Assessment Prevent Supply Chain Disruptions
Analyst Insight: The 9th Annual BCI/Zurich Supply Chain Resilience Report categorically said last year that ineffective management of supply chains is leaving organizations open to severe disruptions and large financial negative impacts. The report also states that almost 75 percent of companies have experienced one disruptive event and that many more experienced multiple risk events in 2016. Why? The report concludes that organizations are still not ensuring adequate supply-chain visibility upstream and downstream. - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University
Driving Innovation, 3PLs Are Here for the Long Haul
Analyst Insight: Third-party logistics providers have traditionally been on the front line when it comes to developing pioneering technologies and services in the industry. Although some shippers are looking to manage their own transportation operations, partnering with a 3PL still offers many competitive advantages. - John Simonsen, vice president of corporate development, Yusen Logistics (Americas) Inc.
China's Taxes on Imported Cars Feed Trade Tensions With U.S.
A Jeep Wrangler can cost $30,000 more in China than in the United States - and the reasons illustrate a growing point of tension between the two countries.
Six Steps to a Perfect Logistics Network
Analyst Insight: Today more than ever, logistics professionals are at the forefront of designing new transportation and distribution solutions to support ever-changing fulfillment requirements. In today's competitive B2B and B2C markets, logistics is feeling the pressure of responding to changing demand patterns, shorter lead times, and smaller orders. Responding to today's customer-driven demands requires much more agile solutions versus traditional logistics networks. - Valerie Bonebrake, senior vice president, Tompkins International
U.S. to Launch Competition for Projects to End Modern Slavery
The United States will launch a competition in the coming weeks to find projects that will reduce modern slavery, which by one estimate affects nearly 46 million people around the world, U.S. Ambassador Nikki Haley announced last week.
Supply Chain Visibility to Impact Customer Loyalty, Buying Decisions by 2020
Analyst Insight: The term supply-chain visibility means different things to different folks. Interestingly, it's something that everyone knows they need more of, but very few organizations have a handle on. This will change rapidly between now and 2020. Supply-chain visibility is having an increasing impact on customer relationships and buying decisions. - Bryan Nella, senior director of corporate communications, GT Nexus
Shippers Look to Sails to Cut Fuel Costs
The world's biggest shipping company is harnessing the power of the wind to cut fuel usage by introducing sails to its fleet.
Three Steps to Creating a Low-Risk Supply Chain
Analyst Insight: No one can predict potential future risks that a supply chain may face. However, you can prepare for these potential risks and disruptions. Understanding and preparing is crucial in creating a sustainable top-performing supply chain, with flexibility and awareness. - Sara Shingleton, senior consultant, Tompkins International
Strategic Sourcing in a New Economy
Analyst Insight: Procurement departments have spent the last 20 years perfecting procurement by automating procurement systems and standardizing highly competitive Request for Proposal processes. This works well when buying commodities and transactions, but falls short for organizations looking for collaborative supplier relationships where flexibility and innovation are essential. Today's progressive procurement organizations are re-evaluating their approaches and are making a conscious shift along the sourcing continuum. - Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
Digital Transformation: See Your Supply Chain Better
Analyst Insight: Full supply-chain visibility has been a top three goal of supply-chain managers for more than a decade. The ability to see your inventory, customers' orders, and financial transactions, as they move through every node in the supply chain is paramount. This enables opportunities to optimize inventory position, route shipments more efficiently, truly collaborate - not just cooperate - and communicate with customers to provide world-class service. - David Meyers, principal, Tompkins International
Four Trends to Accelerate Tax-Efficient Supply Chains
Analyst Insight: Supply-chain executives are under tremendous pressure to continually re-optimize their supply chains. While supply-chain economics must dictate where manufacturing and distribution assets should reside, tax changes and opportunities need to be looked at in parallel with the supply-chain economics to sustain the planned benefits. Looking forward to 2020 and beyond, we believe companies should pay particular attention to four trends that will accelerate the need for a tax-efficient supply chain. - Michael DuVall, principal, Bradley Slattery, principal and Jared Lapin, director, PwC
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