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Think Tank
Pharmaceutical/Biotech: Page 198
FFE Launches Guaranteed Service for Temp-Controlled LTL Shipments
FFE Transportation Services Inc. has launched a new guaranteed service for temperature-controlled less-than-truckload (LTL) shipments.
Treating Customers Poorly Can Cost as Much as 20 Percent of Your Annual Revenue, Report Finds
A global research study by Oracle has found that brands could lose as much as 20 percent of their annual revenue due to poor customer service, with 95 percent of executives agreeing that delivering a great customer experience is critical to business results.
January U.S. Imports Up 6.9 Percent from December
U.S. vessel imports are up from December by 6.9% and just above January of 2012 by 0.1%. The total TEU count for January was 1,518,851 and shipments were over 750,000. January imports have not been this high since 2007, which signals some steady rebounding growth for 2013.
Labelmaster Adds Reusable Crates to Product Offering
Labelmaster, a manufacturer and distributor of items for complying with regulations on the movement of hazardous materials, has added reusable crates to its product line.
KFC Sales in China Bounce Back Following Squawk Over Food Safety
An uproar in China over the safety of chicken sold at KFC "has been longer lasting and more impactful than we ever imagined," according to the chief executive of parent company Yum Brands.
Importer of Record Responsible Under New USDA Meat Import Guidelines
On February 1, 2013, the United States Department of Agriculture, Food Safety Inspection Service (FSIS), announced new guidelines governing the importation of meat and meat products. According to the bulletin, "the guide articulates which products and FSIS sampling and testing programs are subject to this policy." The program known as "test and hold" has a major impact upon product being exported to the United States and upon the importers of record for these transactions.
Ready-to-Ship for Full Control of Inbound Shipments
How Healthcare Supply Chain Volatility Affects Your Life
Rise of the Machines: The Brave New World of Management in the Automated DC
One of the most constant staples of science fiction is its view of the automated world of the future. Whether it was the giants of the genre (H.G. Wells, Isaac Asimov, Ray Bradbury, Arthur C. Clarke, Jules Verne), animated movies or the Tomorrowland section at the Disney properties, all envisioned a world where manual labor was largely replaced by intelligent machines rapidly performing dull, repetitive tasks.
Lack of Competitive Rail Service Costs Chemicals, Plastics Shippers Billions, Report Says
The American Chemistry Council issued new research documenting how a lack of freight rail competition is costing U.S. chemical companies billions of dollars in excess shipping costs each year. Showing shipping rates that often exceed 300 percent of the revenue-to-variable cost (RVC) ratio, the ACC study estimates that if the $3.9bn premium on chemical shipments were reduced, the chemical sector could create up to 25,000 additional American jobs, with $1.5bn in new wages, and $6.8bn in new economic output.
The New Normal: Big Companies Paying Their Bills Late, Later and Latest
When economic hard times hit in 2007-2008, CFOs and finance departments felt pressure to improve their organizations' working capital positions. The longer companies could hold on to cash, the more liquid they were, and the safer they felt. Paying bills quickly meant dipping into cash reserves, possibly taking away money from new-product development, mergers and acquisitions, marketing, or anything else that might drive top-line revenue. It was either that or be forced to rely for growth on expensive external financing. Everyone knew that when it came to days payable outstanding, longer was better.
As Internal, Functional Barriers Crumble, Business Needs to Change Way It Operates
For 2013, the new "borderless" business environment will present the greatest opportunities to companies in IT, finance, HR and other business services areas, as companies strive to reduce costs and meet aggressive revenue projections, according to a new Enterprise Key Issues Study from The Hackett Group Inc.
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