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Think Tank
SC Security & Risk Mgmt: Page 442
Assessing and Balancing Trade-offs in Supply Chain Optimization
Optimizing supply chain operations to cost less and be more effective has long been a top priority for businesses. Now, companies must consider new sustainability measures such as carbon. Identifying, tracking and managing supply chain emissions is quickly becoming essential to optimization efforts, with the primary goal of detecting inefficiencies in fuel, electricity and water consumption and then correcting those inefficiencies to help eliminate waste and reduce costs. But improving one benchmark in an optimization effort may adversely impact another. It's rare that everything aligns perfectly.
Piracy's Psychological Effects on Mariners Studied
While incidents of piracy decline off the Horn of Africa, an inestimable number of seafarers continue to bear the psychological impact of captivity by pirates. To describe their condition and to advise the maritime industry on how to care for affected individuals, the Seamen's Church Institute (SCI), in collaboration with New York's Mount Sinai School of Medicine, has released a report from its clinical study of the effects of piracy on seafarers.
A Bit Too Much Spice in McCormick's Supply Chain
For McCormick & Company, the ubiquitous producer of spices and flavorings, 2011 was one tough year. I'm not talking about financials; McCormick's net sales for the year were up 10.8 percent over 2010, to $3.7bn, while net income rose 5 percent, to $374.2m - not a bad performance in a sluggish economy. I'm referring to the anti-trifecta of disasters and disruptions that severely challenged the company's ability to service its customers.
Drewry Creates Investment Reports on Maritime Companies
Drewry, the U.K.-based maritime research and advisory firm, has created a new service, Drewry Maritime Equity research, to produce investment reports on companies operating in the maritime industry.
A Bit Too Much Spice in McCormick's Supply Chain
Opposition Leads to Shelving Measure on Accurate Weighing of Ocean Containers
Two countries providing flags of convenience to merchant vessels, Panama and Cyprus, threw up roadblocks to the safe carriage of containerized cargo recently. With more than 80 percent of world cargo being moved on container ships and those ships getting ever larger, any measure that can make these shipments safer must be considered. Sadly, these countries find that some proposed measures are inconvenient.
Accellos Releases App for Qualifying, Monitoring Carriers
Accellos, a vendor of supply-chain execution software, has released a carrier qualification and monitoring module for its Prophesy Dispatch transportation-management system (TMS).
DB Schenker Logistics Debuts Advanced Air and Ocean Tracking Service
DB Schenker Logistics has developed a new tool for monitoring air and ocean freight consignments.
Qualcomm Integrates With TMW Suite; McLeod Software
Qualcomm Inc. has integrated its Services Portal with the TMWSuite of TMW Systems Inc., a provider of transportation-management system (TMS) software.
It's Taken a Full Year, But Hard-Disk Production Back to Full Strength in Thailand
A year after a flooding disaster in Thailand took out a large portion of hard-disk drive production, the industry has fully recovered with shipments to the computer market expected to hit a record level this year.
IBM Unveils New Technologies and Services at Smarter Commerce Summit
IBM introduced several new products at its recent Smarter Commerce Summit in Orlando, Fla.
Armstrong Issues 20th Edition of Who's Who in Logistics
Armstrong + Associates Inc. has released the 20th edition of Who's Who in Logistics, the consultancy's guide to third-party logistics providers.
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