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Industries: Page 1235
Supply Chain Optimization to Help Manufacturers Targeting 1.5-Percent Cost Reduction in 2013
U.S. manufacturers are targeting an aggressive 1.5-percent reduction in cost of goods sold for 2013 in an effort to drive margin growth, according to a new study from The Hackett Group. With GDP growth stabilizing in major regions of the world, manufacturers are expecting reduced sales forecast uncertainty, enabling them to plan supply requirements and manufacturing capacity with far greater confidence, the study found.
Horizontal Collaboration and its Impact on Transportation, Sustainability, Service and Profits
Analyst Insight: Lately, activity in horizontal collaboration has increased. Although this is still not a scalable practice, the number of studies and pilot projects are growing. While many variations of collaboration exist, all significantly impact transportation management. - Bill Loftis, Senior Principal, Tompkins International
Balancing the Supplier Relationship
Analyst Insight: In recent years, due to the changing and challenging global economy, there has been much talk about the need to balance natural competitive pressures with collaborative engagement across the supply base. The trick, of course, is how to do both things - competition and collaboration - effectively. I believe it starts with trust. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
Rethinking Supplier Relationship Management
Analyst Insight: The increasingly hyper-competitive supply chain landscape requires a reassessment of "old" supplier relationships and a paradigm shift. Executives are scrutinizing old business practices, especially those related to supplier management. Manufacturers are reassessing outsourcing engagements and bringing many of them back in-house (termed "backsourcing" or "reshoring") given that many of the original reasons for outsourcing have changed. Increased supplier segmentation will force a reassessment of supplier governance, with leading companies having segmented supplier management strategies. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University
Anti-counterfeiting Strategies at the Source and for End Products
Undoubtedly businesses need to guard their end products against counterfeiting to protect their profits, their brands, their customers, and the financial health of their businesses. But fighting counterfeits cannot be fully effective without guarding supply sources - the materials and components used to manufacture the end products.
Commerce Department Says February Retail Sales Surpass Expectations
According to figures released by the U.S. Department of Commerce, retail sales exceeded expectations despite headwinds caused by extreme weather in the Northeast and a continued adjustment to higher payroll taxes.
Economics 101: Did Ocean Carriers Miss the Lecture?
Judging from their actions, ocean carriers would love to toss out those irritating economics textbooks, with their tedious lessons about supply and demand. Too much capacity? No pricing discipline? Sluggish volume growth? Forget about it. Why should any of that prevent them from raising freight rates?
DTDC Offers Logistics Solutions to e-Retailers
DTDC Courier & Cargo, express courier company, launched its specialist logistic company for e-commerce-DotZot. This will become the first India delivery network with a reach of over 8,000 pin codes and 2,300 cities focusing exclusively on the e-retail space.
Global Spirits Company Relies on Weber for Distribution of Imports
Challenge: One of the world's leading premium drinks companies sought an outsourced solution for distribution of container and rail imports from the West Coast. They chose Weber Logistics to coordinate drayage, transloading, and warehousing, with all distribution to FIFO standards.
Candy Maker Relies on Weber for Port Services, Warehousing and Delivery
Challenge: With locations in more than 90 countries, this Europe-based marketer of several famous candy brands sells more than one million cases per year in the western U.S. alone. To better serve its west region customers, the company chose Weber Logistics based on Weber's strong experience in confectionery product distribution.
Aspen Technology Issues New Version of Process-Optimization Software
Aspen Technology Inc., a vendor of software and services for the process industries, has released an update to its aspenONE suite.
Lufthansa Cargo Inaugurates Freighter Service to Guadalajara
Lufthansa Cargo has inaugurated MD-11 freight service to Guadalajara, Mexico.
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