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Industries: Page 1243
Freightgate Announces Predictive Analytics for Logistics Management
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
Dunavant Creates Custom Solution for International Heavy-Weight Shipments
Challenge: A $12 billion retail consumer goods company approached us in need of a cost-effective way to ship heavy-weight products from China. In addition, they wanted a complete review of their replenishment model to improve inventory turns and reduce safety stock.
Linking Sustainability with Financial Outcomes in CPG
Analyst Insight: Sustainability has been on consumer packaged goods executives' minds - and part of their strategic plans - for some time now. In the past, many companies have pursued sustainability because they saw it as the right thing to do. At the same time, sustainability also creates positive morale among employees, helps to meet regulations such as those for emissions, and boosts companies' reputations. But only recently has sustainability truly been connected and aligned with financial performance. - Bruce Tompkins, Executive Director, Tompkins Supply Chain Consortium
In Customer Relationship Management, You Must Adapt to Stay Relevant
Analyst Insight: Even a solid collaborative relationship between the buyer and the supplier can struggle if the consumer somehow gets lost in the cloud or pigeonholed on a complicated supply chain dashboard. The key is to listen to your customers constantly and set up communications frameworks within an adaptable governance structure to include and maintain a customer-centric focus. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
Focus on Product Grows, But Cost Reduction Remains Key in CPG Industry
Analyst Insight: In a recent supply chain survey conducted by IDC Manufacturing Insights, consumer products manufacturers consider themselves stewards of product quality more frequently than of either cost or service. Interestingly, the gap between companies that consider themselves primarily stewards of product quality versus cost is narrowest for the large enterprise manufacturers, suggesting that for the smaller players, it is the product itself that drives competitive success in the marketplace. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights
Lean Is About More Muscle, Not Just Less Fat
When people are asked to define lean, as often as not the definition centers on waste. But lean isn't all about waste. It is more about building organizations than trimming them. A popular definition is "do more with less."
Honeywell Aerospace Uses RFID to Track Parts from Manufacture to Repair
Honeywell Aerospace has started applying high-memory RFID labels to two of the parts it manufactures for the aerospace industry, with the goal of enabling the part's record to be tracked directly on the tag from birth through use by airlines, and repair by Honeywell.
Stung by Meat Safety Scare, Yum Brands Jettisons Some Suppliers in China
Yum Brands Inc. said is dropping some suppliers of its KFC restaurants in China as it tries to reassure consumers in that country who were scared off by a chicken safety scare last month.
Consumer Products Is an Industry in Transition
Analyst Insight: The CPG industry's supply chain performance is middle of the pack: more mature than chemical or pharmaceutical companies and less mature than high-tech and electronics manufacturing companies. Several factors are at work to shift the processes to improve performance. Focus is shifting from inside-out to outside-in, from a vertical horizontal siloed orientation to horizontal processes that can better sense and respond, and from a supply chain focused only on product delivery to a value network focused on serving the customer. - Lora Cecere, Founder of Supply Chain Insights
From Silos to Streams - Collaboration & Integration Means Connection
Analyst Insight: Driving richer connectivity and communications as well as human dialogue amongst partners or team members is changing the face of business and society. We are moving from siloed enterprises to federations of partnerships and communities of ideas that think and execute in streams - not rigid processes. This is changing not only how we work, but the technologies that support us. - Sree Hameed, Vice President, ChainLink Research
Logistics Infrastructure in China Is Under Pressure
Analyst Insight: Pressure is mounting on logistics infrastructure in China due to increasing domestic consumption. As Chinese consumers become more sophisticated, distribution networks will have to respond with greater accuracy, efficiency and speed. The same supply chain principles that have been tried and proven in the West will, out of necessity, become more accepted in China. - Jim Serstad, Managing Director, Asia, Tompkins International
Maersk CEO Predicts 'Modest' Growth in Container Shipping
A.P. Moller-Maersk relied on higher freight rates and cost reduction schemes to lift fourth-quarter profit, but modest growth expectations and concerns about pricing has the Danish shipping conglomerate relying increasingly less on mature shipping markets and turning the focus to emerging markets and its oil business.
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