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Think Tank
All Logistics: Page 361
Big Pharma, Big Vision
Challenge: Through acquisition and a strong development pipeline, this manufacturer grew into one of the world's largest pharmaceutical companies. As a result, its supply chain became complicated and unwieldy. Recognizing the opportunity to streamline its operations and capitalize on low margin products, company leadership prioritized a move to global standardization and shared services.
Moving Heavy Machinery in the Cloud
Challenge: With a supply chain spanning the farthest reaches of the globe, it wasn't uncommon for this heavy equipment manufacturer to lose sight of its shipments, resulting in frequent delivery delays and headaches for its dealers. Traditional point-to-point solutions were falling short in the supply chain.
Supply Chain Is the Critical Link for Omnichannel Retail
Analyst Insight: The retail cut of the 2014 SCM World CSCO Study reaffirms that for most companies omnichannel is a major retail supply chain disruptor and that, for a few, progress has been made. Fulfillment changes have been driven by a desire for greater speed and agility. Battle lines are drawn between online and bricks-and-mortar supply chains. As omnichannel leaders look to move from walk to run, retail’s best weapon is harnessing demand data to make smart trade-offs. – Matt Davis, SVP Research at SCM World
What's Next in Retail? From Early Adoption to Best Practice
Analyst Insight: The last two years have seen a rush to provide store fulfillment services - similar to the efforts to deploy e-commerce FCs back in 1998-2000. To date, store fulfillment initiatives have largely been tactical, technology-driven initiatives chartered to leverage existing applications-integration in order to support “save the sale" functionality as well as offload growing FC volumes to the retail store. The coming years will experience a "financial-efficiency" driven effort to maximize profit margin and optimize network inventory efficiency under the new age of constrained IT investment. – Kevin Hume, Principal, Tompkins International
Building an Omnichannel Fulfillment Road Map
Analyst Insight: Omnichannel commerce is the new "normal" for retail. And it's a tall order for most companies to achieve. You'll need an omnichannel road map that incorporates where you've come from and where you need to be based on your customers' expectations and your business strategy. – Joe Dunlap, Senior Director, Supply Chain Strategy, Fortna Inc.
Auto Suppliers in Financial Squeeze as Automakers Demand Deep Cost Cuts, Local Production
Automotive suppliers are under mounting pressure to satisfy two conflicting customer demands: to cut costs and to open more factories in fast-growing emerging markets so that they can be closer to their customers' production plants. Striking the right balance between cost and proximity in global manufacturing networks will be one of the industry's greatest challenges, according to a report by The Boston Consulting Group (BCG), conducted in partnership with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA. The report is titled The Proximity Paradox: Balancing Auto Suppliers' Manufacturing Networks.
Six Challenges for Supply Chains in Emerging Markets
What does it take to overcome the logistics challenges of serving customers in emerging markets?
Next-Generation Rail Fleet Management
Analyst Insight: The shale gas revolution has fueled a resurgence of domestic manufacturing, driving rail shipments up over 6 percent and a two-year backlog for new cars. Maximizing fleet utilization is now a key management issue for most shippers. While current rail management tools are effective at tracking rail cars, an important gap exists with accurately predicting the usage and location of the cars over the entire planning horizon. – Alfred Sherk, CEO, SherTrack LLC
How To Manage DC Talent
Analyst Insight: Keeping talent has risen to be a concern for managers, directors and CEOs across the country. It's even caught the attention of academics. What policies employed at the DC level gets the most out of the money spent on training, and gets the best results? Our 2014 study starts to answer that question. – Karl B. Manrodt, Professor of Logistics, and Donnie Williams, Assistant Professor of Logistics, Georgia College and State University
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.
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
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.
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