Industries | SupplyChainBrain

Industries: Page 1382

Encompass Global Logistics Creates Mobile App for Cargo Management

Encompass Global Logistics LLC, a third-party logistics provider specializing in the trans-Pacific trade, has launched a mobile application for cargo management, compatible with all Apple iPhone, iPad and iPod products.

Three New Free-Trade Agreements Highlight Benefits, Complexities of FTA Management

Analyst Insight: The Congressional bills to implement the U.S. free-trade agreements with South Korea, Colombia and Panama and to renew the Generalized System of Preferences and Andean Trade Preferences Act have gained congressional approval and President Obama's signature, thus paving the way for the long awaited realization of the agreements and their inherent trade benefits and opportunities. Simultaneous approval highlights the challenges of managing global supply chains to take advantage of the benefits provided. - William M. Methenitis, partner, global director, and Kristine L. Price, partner, both of Ernst & Young LLP, Customs and International Trade

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A New Generation of Measurements in Ocean Transportation

Analyst Insight: While on one hand the container shipping industry has become ever more commoditized, a new range of service measurements could increase the potential for market differentiation. The key to any differentiation is the ability to make it clear to the customer what the difference is. Such transparency would certainly be a novelty in the industry. - Lars Jensen, CEO, SeaIntel Maritime Analysis

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Keep Your Supply Chain Up and Running with PLM and EAM

Analyst Insight: When a conveyor in your warehouse is broken, but you're not sure how to fix it, what part needs to be replaced, or who can provide it to you, you risk losing both time and money. Enterprise asset management (EAM) and product lifecycle management (PLM) functionality can come to the rescue. - Gabriel Gheorghiu, research analyst, Technology Evaluation Centers

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Next-Generation Rail Fleet Management

Analyst Insight: As the global economy slowly begins to improve, large-scale manufacturers who ship bulk product by rail are again experiencing the issues of service reliability, asset turnover, capacity constraints, working capital optimization and risk. With that said, after the dismal 2008-2009 economy, we're right back into the bane of a one-hundred-year rail dilemma: enhancing service reliability while improving fleet utilization to sustain a lean rail fleet. Current rail management tools are effective at tracking historical transit times and identifying the position of each car at a certain point in time. However, an important disconnect exists between seeing the future demand for rail shipments and predicting the usage and location of the cars over the entire enterprise planning horizon. - Alfred Sherk, CEO, SherTrack LLC

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Horizontal Collaboration - Sharing Supply Chain Assets with Your Competitors

With ever-changing business challenges such as transportation costs, volatile demand and an evolving customer base, supply management organizations are exploring new and unique ways to use collaboration in their supply chains. One such effort is turning traditional vertical collaboration strategies on their side and may change the way organizations view their supply chain - and their competitors.

Grand Alliance to Shift from Seattle to Tacoma

The game of musical chairs in the Pacific Northwest will continue this summer when Grand Alliance carriers NYK Line, Hapag-Lloyd and Orient Overseas Container Line leave the Port of Seattle and move to Tacoma.

Procurement and Sourcing Has Talent! Or Does It?

Analyst Insight: Procurement and sourcing is a continuously evolving profession. A global Gartner Supply Chain study of 453 companies finds 51 percent of procurement and sourcing talent hired in the last three years was to satisfy short-term needs, with a focus on basic, intermediate and advanced procurement and sourcing skill sets. Procurement and sourcing hiring strategies for 2012 shifts to long-term needs and advanced skills requirements in the areas of SRM, supplier collaboration, performance management and analytics, and financial procurement. - Mickey North Rizza, Gartner Supply Chain Research

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A Well-Designed Inventory Planning & Optimization Strategy Must Be Maintained

Analyst Insight: It can be a struggle for organizations to obtain the right balance between keeping enough inventory on hand to meet customer demand and minimizing costs related to carrying inventory. APQC's research indicates that best-practice organizations achieve this balance through the creation of inventory optimization programs with well-designed strategies, effective processes, appropriate technology, and regular assessment. - Becky Partida, knowledge specialist, APQC

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Inttra Debuts Multi-Party Electronic Bill of Lading for Ocean Freight

Inttra, provider of an independent platform for booking and managing ocean freight, has created what it says is the industry's first standardized electronic bill of lading.

Who's to Blame for Ocean Carriers' Losses?

Back in the early 1980s, when I was new to the world of transportation, logistics and the supply chain, I recall ocean carriers complaining that their freight rates weren't high enough to meet operating costs, let alone generate a profit. They were begging shippers to accept higher rates, in exchange for greater service reliability. Yet every time they would achieve some traction on the rate front, they would flood the market with new capacity, and offer deep discounts in order to fill the new ships. Then they would appeal to shippers for higher rates ...

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Using CRM Data to Defend Against Customer Lawsuits

If a customer slips and falls in a large box store and then decides to sue the store, it would certainly be appropriate for the retailer to examine the videotapes relating to the slip and fall, see whether the customer did - in fact - fall, observe how that person was behaving before the fall and afterward, and determine what the condition of the floor was at the time of the incident.

Page 1382 of 2013

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