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Think Tank
SC Security & Risk Mgmt: Page 429
Washington's Transportation Policy: Dancing Through the Minefield
One could say that transportation faces multiple hurdles in the coming year, in the guise of new regulations and legislation that promise to have a serious impact on all modes. Me? I prefer to think of it as a minefield.
Pharma Industry at a Crossroads in Healthcare Supply Chains
Analyst Insight: The pharmaceutical and bio-tech industry, as well as the medical device and medical product industries, are at a crossroads. This crossroads consists of industry identity and business channel markets determination - each of which will drive every company's future in the domestic and international marketplace as a single sector leader or multimarket healthcare provider for the coming decade. - Brian Hudock, Partner, Tompkins International
Anti-Counterfeiting Technologies - Authenticating the Global Supply Chain
Counterfeit products are becoming ever more prominent across a number of industry sectors. This is especially the case where, for the criminals involved, the returns are great. High-volume industries, such as tobacco and manufacturing components, and high unit-price industries, such as perfume and cosmetics, are widely targeted by counterfeiters. According to statistics published by the U.S. Department of Homeland Security, handbags and wallets accounted for 40 percent of all seizures during the fiscal year for 2012.
Whose Inventory Is It Anyway?
Analyst Insight: With the trend toward multichannel and omnichannel supply chains, pressure is mounting for inventories that were intended for one type of demand to be called on to serve another. This conflict can lead to underserving the demand for which the inventory was planned and raise issues between organizational entities that lean toward protectionism, undermining competitiveness. Solving this issue requires effective decision-making processes that occur in real time based on corporate objectives. - Ralph Cox, Senior Principal, Tompkins International
Superstorm Sandy and Its Implications for Humanitarian Logistics
Analyst Insight: Supply chain challenges were plentiful during Superstorm Sandy. Both physical and electronic supply chain operations were disrupted. Private sector operators responded with creative solutions, and public sector entities were better prepared than in previous disasters, but recovery will be a slow and arduous process. Approaches to ensuring resiliency in the face of such events cannot be singular in nature. Actions taken during response and recovery have far reaching implications for supply chains. - Jock Menzies, President, American Logistics aid Network
You Can't Be Too Careful When Choosing a 3PL Partner
A recovering housing market, record level U.S. exports and improved unemployment numbers are all key factors pointing to a slow but steady economic recovery in the United States. But while companies are celebrating their profits and looking at improved sales in the months and years ahead, far greater concerns loom on the horizon for shippers as the ever talked about driver shortage becomes a reality.
Seven High-Tech & Electronics Supply Chain Priorities to Focus on in 2013
Analyst Insight: During 2012, high-tech industry executives recognized that optimizing supply chain operations is directly related to profitable growth, higher operating margins and capital efficiency - each of which helps create value. While new products matter, factors such as selection, price, availability and service also enhance the buying experience. - Gene Tyndall, Executive Vice President, Tompkins International
There are Good Ways and (Very) Bad Ways to Manage Crises - Like Horse Meat in Food You Serve
Many balk at the idea of biting into Seabiscuit. The cultural taboo around eating horse is one reason why the public has had such a negative reaction to the news that certain European suppliers have been shipping beef contaminated with horse meat.
Survey Reveals Strong Growth Within the U.S. Manufacturing Industry
Nearly three out of four leaders within the manufacturing industry have either expanded their product or service offerings in the past year, or plan to expand them in the coming year, according to a survey conducted by Travelers Companies.
Focus on Product Grows, But Cost Reduction Remains Key in CPG Industry
Analyst Insight: In a recent supply chain survey conducted by IDC Manufacturing Insights, consumer products manufacturers consider themselves stewards of product quality more frequently than of either cost or service. Interestingly, the gap between companies that consider themselves primarily stewards of product quality versus cost is narrowest for the large enterprise manufacturers, suggesting that for the smaller players, it is the product itself that drives competitive success in the marketplace. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights
Stung by Meat Safety Scare, Yum Brands Jettisons Some Suppliers in China
Yum Brands Inc. said is dropping some suppliers of its KFC restaurants in China as it tries to reassure consumers in that country who were scared off by a chicken safety scare last month.
In 2013, Transfer Pricing Is No. 2 Headache for Multinationals' Tax Directors
What's been keeping tax directors of large multinational corporations up at night recently? The same issue that provided millions of dollars in tax relief a few years before: transfer pricing.
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