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All Logistics: Page 521

The Retail Industry Enters the Connected Age

Analyst Insight: As traditional retailers feel the sting of Amazon's long tail whip, e-commerce and retail are merging into omni-channel strategies. In the Connected Age everyone is always connected to everything, always on, and location based. Just as the power shifted from manufacturer to retailer, the power in the retail channel has now shifted to the consumer who can buy anything from anyone, anytime, from anywhere. You better know your customer and your market to succeed. - Rich Sherman, Supply Chain Discipline Expert at Trissential

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Supply Chain Takes Its Power Position in the Retail Industry!

Analyst Insight: Retail is in a dramatic transformative phase. Consumers' multichannel access and shopping and web commerce vs. in-store shopping have retailers experimenting with many new approaches and technologies. Multi-merged channel expectations put fulfillment front and center as a major concern - no more relegating supply chain to the backwaters of retail management! - Ann Grackin, CEO, ChainLink Research

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Multichannel Fulfillment Is The New Normal

Analyst Insight: Multichannel fulfillment can be defined as optimizing the supply chain's capabilities to simultaneously receive and process orders from multiple ordering channels and fulfill them from the source that provides the highest level of consumer satisfaction and lowest fulfillment cost to the retailer. This model for fulfillment is both customer - and cost-driven and, therefore, the new de facto standard for the retail supply chain. - Joe Vernon, Manager of North America Supply Chain Technologies, Capgemini

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CargoSphere Unveils Update of Global Rate Network

CargoSphere, a cloud-based network for global freight-rate management for the ocean and air logistics industries, has developed version 4.0 of its CargoSphere Rate Network (CRN).

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NewAge Software & Solutions Enters North American Market

NewAge Software & Solutions, a provider of software applications for freight forwarders and logistics companies, has entered the North American market.

How To Get Better Employee Buy-In for An LMS Implementation

The English language is full of potentially polarizing statements. But few are more likely to inspire mixed feelings among DC professionals than some facsimile of this: "Our facility is getting a labor management system."

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Evidence-based Medicine Has Pharma Manufacturers Taking More End-to-End Responsibility

Analyst Insight: Supply chain has often been an afterthought for pharmaceutical manufacturers. The patent cliff, increasing reliance on generics, and price pressure from payers all create considerable margin pressures on pharma companies as well. This forces them to pay closer attention to operational efficiencies, including the supply chain. However, less noticed is the impact that evidence-based medicine and outcome-driven payment strategies have, compelling pharmaceutical manufacturers to more closely manage their entire end-to-end chain, especially on the downstream side. - Bill McBeath, Chief Research Officer, ChainLink Research

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Optimizing Inventory to Respond to Demand Variability

Analyst Insight: While much has been written about demand driven, daily demand variability drives operations crazy. Most current inventory planning and optimization applications are disconnected from daily reality resulting in operations relying on custom spreadsheets and tribal knowledge to reconcile the gaps between plan and actual. In addition, the inventory planning applications are often disconnected from the optimization applications (if implemented at all), further exacerbating the operations conundrum. - Rich Sherman, Supply Chain Discipline Expert at Trissential

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Whose Inventory Is It Anyway?

Analyst Insight: With the trend toward multichannel and omnichannel supply chains, pressure is mounting for inventories that were intended for one type of demand to be called on to serve another. This conflict can lead to underserving the demand for which the inventory was planned and raise issues between organizational entities that lean toward protectionism, undermining competitiveness. Solving this issue requires effective decision-making processes that occur in real time based on corporate objectives. - Ralph Cox, Senior Principal, Tompkins International

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Superstorm Sandy and Its Implications for Humanitarian Logistics

Analyst Insight: Supply chain challenges were plentiful during Superstorm Sandy. Both physical and electronic supply chain operations were disrupted. Private sector operators responded with creative solutions, and public sector entities were better prepared than in previous disasters, but recovery will be a slow and arduous process. Approaches to ensuring resiliency in the face of such events cannot be singular in nature. Actions taken during response and recovery have far reaching implications for supply chains. - Jock Menzies, President, American Logistics aid Network

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UK Group Offers Degree in Supply Chain Management

The NOVUS Trust has launched a new logistics and supply chain degree in order to address the shortage of graduate talent in the supply chain and logistics industry. Sponsored by companies in the industry, the 4-year Logistics and Supply Chain Bachelors of Science degree course will "arm graduates with the tools they need for a successful career in the industry," starting with a guaranteed job from one of the course sponsors.

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China Denies Status of World's Largest Trader

China has a new status its government doesn't want - world's biggest trader. Trade data from both governments indicate China passed the United States last year in total imports and exports by a margin of $3.86tr to $3.8tr. That is about $44bn, or just over one percent of China's total.

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