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Industrial Manufacturing: Page 182

Your Omnichannel Strategy Is Failing? Blame the Supply Chain.

Although the term "omnichannel" has become most associated with success in retail and consumer goods, few companies are confident in their omnichannel abilities, according to a new study by Ernst & Young and the Consumer Goods Forum. They blame the supply chain.

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How Will Pharma Industry Evolve in 2015?

Analyst Insight: The pharmaceutical industry is finally sharpening its focus on profitability and efficiency. 2014 saw continued mergers and acquisitions, but more importantly, the acceleration of business focus on core sectors. Now that the impacts of the Affordable Care Act are better understood, the ability to streamline operations into sectors is driving spin-offs, sell-offs and renewed operational pressures. Two key drivers this year involving supply chains will be inventory reduction and control and lean cost reduction. – Brian Hudock, Partner, Tompkins International

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Yusen Logistics Subsidiary Opens Warehouse in Malaysia

TASCO Berhad, a subsidiary of Yusen Logistics in Malaysia, has begun operations at a new warehouse in Tanjung Pelepas, a port in the southern portion of the country.

Denmark Looks to Tunnel Its Way to Germany

Denmark's government laid out details of a plan to build a tunnel connecting the Nordic region to Germany and cutting traveling time, saying in a bill that it will cost 65bn Danish crowns ($10bn) and be in use by 2024.

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How Big Data and Analytics Are Reshaping Industrial Manufacturing

Analyst insight: As the global competitive landscape evolves, businesses are looking to gain an edge by leveraging big data, using sophisticated analytics to uncover insights and help drive performance. One industry that is behind the curve is manufacturing – primarily automotive, mining, life sciences and consumer packaged goods. But that may be changing as a result of a rekindled focus on improving operational efficiency and the necessity for organizations to utilize their supply chains as a competitive advantage. – Amber Morgan, Senior Manager, Supply Chain Analytics Lead, EY

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Demand Volatility Challenges Logistics Network and Fulfillment Strategies

Analyst Insight: The rise of omnichannel fulfillment and e-commerce is having a dramatic impact on distribution network design. As omnichannel fulfillment becomes the new normal for consumers, distribution and logistics professionals are increasingly reassessing their fulfillment networks, the attributes of their distribution facilities and the expectations placed on their partners. This reassessment is leading to more innovative fulfillment options, but uncertainty remains on the profitability of additional customer service solutions. – Barry Blake, Vice President, Research, SCM World

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Ports on West Coast Could Remain Congested for Months

Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute.

A Glimpse at the Factory of the Future

What will the typical factory look like five years from now?

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Consumer Products Companies Can Be Multichannel, Too

Analyst Insight: Consumer products companies are making far greater use of alternative sales channels than ever before. They are proactively reaching out to customers, whether in B2B or B2C environments, to gain share of mind and increase sales. Consumer products companies have also become much more active using their own websites and utilizing marketplaces as a means to increase their product's visibility and availability to potential customers. – Bruce Tompkins, Executive Director, Tompkins Supply Chain Consortium

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Potential Drone Operators Fly Into Flak from FAA

The U.S. Department of Transportation's Federal Aviation Administration has unveiled proposed rules for drone flights. The plan maintains aviation safety standards, but may make it difficult for companies - such as Amazon - hoping to use drones for delivery service.

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2015 to See Focus on Domestic Transportation, Warehousing & Manufacturing in China

Analyst Insight: Though logistics in China has historically been resistant to change, improvements in express delivery will have a noticeable impact in 2015 due to the rapid growth of e-commerce, food safety concerns, and government measures. The limited supply of land for logistics purposes will affect warehousing costs, and the extra cost will drive the need for storage efficiency. Manufacturing will see modest expansion and gradual migration out of China to lower cost countries. – Jim Serstad, Managing Director, Tompkins Asia

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Echo Global Logistics Acquires Xpress Solutions

Echo Global Logistics Inc. has acquired all of the assets of Xpress Solutions Inc.

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