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Think Tank
Food & Beverage: Page 240
CFOs Should Be as Concerned with Supply Chain Resilience as They Are About the Markets
Chief financial officer wear a lot of hats. They oversee the treasury, monitor our markets and position our companies for the future. Here's another hat they should be wearing: that of the champion of supply chain resilience.
Gap Remains Between Awareness of Need for Advanced Supply Chain Technologies and Their Use
While most manufacturers and retailers realize there is a large gap between where they are today and where they need to be to meet customers' expectations, many fail to use advanced technologies and best practices, according to a JDA survey of 255 executives across 17 countries, representing a wide range of retailers and manufacturers.
Demand Planning at Coca-Cola: What's the Secret Formula?
The sign in the elevator banks at Coca-Cola Refreshments reads: "There is a person at the end of our supply chain." Well, that's a start.
Successfully Navigating the E-Commerce and Omnichannel Landscape
Analyst Insight: E-commerce continues to grow by double digits and many companies are striving to achieve omnichannel success. A successful omnichannel strategy means having the capability to meet customers' increasingly high expectations by enabling them to buy anywhere, take delivery where they want to take delivery, and make returns where they choose. While today's leading retailers understand the need for omnichannel success, the majority are falling short of meeting their objectives. – Kelly Reed, Executive Vice President, Tompkins International
A Glimpse at the Factory of the Future
What will the typical factory look like five years from now?
It's Time to Take a Second Look at Automation in Food & Beverage
Analyst Insight: The need for speed, along with margin pressures, is causing food and beverage distributors to look for ways to achieve greater efficiencies in the warehouse. The continued growth of the "long tail" that are slow movers combined with a scarcity of available labor and the complexity of route-stop sequencing makes automation a good option. But to justify investments you have to look beyond the labor savings alone. – Frank Jewell, Food and Beverage Industry Leader, Fortna Inc.
Dimensional Weight Pricing - Change for the Better?
In 2015 we will see a change to how all UPS and FedEx shippers pay for ground packages. No longer based simply on physical weight, dimensional (DIM) weight pricing takes into account the exterior package size which is the amount of space a package occupies when in the cargo area of a transport vehicle. – Paul Steiner, Vice President of Strategic Analysis, Spend Management Experts
Big Data Analytics Useful – Only If Plugged Into Daily Operations to Make Decisions
It's easy for tech-savvy executives to get excited about Big Data and advanced analytics these days. Newly available tools allow companies to do things they couldn't do before, like recommending specific products to online buyers or mining workers' compensation claims data to recommend better treatment options for injured employees. But whiz-bang capabilities don't create real value unless an organization incorporates these new techniques into its day-to-day operations.
West Coast Port Strife Diverts Meat Exports - U.S. Carnivores to See Cheaper Prices?
U.S. Carnivores U.S. meat exporters caught in the middle of the West Coast port labor standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said.
Four-Year Low in Container Shipping Rates Hits Intra-Asian Trades
Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to the Container Freight Rate Insight which is updated weekly and published by global shipping consultancy Drewry.
In Retail Demand Planning, The Numbers Can Lie
Retail demand planning is, to a great extent, a game of numbers. But the store that relies entirely on hard statistics is likely to be in for an unpleasant surprise.
Alignment Is Not Just for Cars
Analyst Insight: Alignment is the positioning of parts so they are in their proper position to run correctly – as in car parts. Alignment is also the ability to optimize the business results by aligning people, programs and business processes. According to Supply Chain Insights, Alignment continues to be one of the top three supply chain business initiatives in 2015. – Mickey North Rizza, VP Strategic Services, BravoSolution
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