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All Logistics: Page 524

Wary of Losing Business Because of Panama Canal, Officials Urge L.A, Long Beach to Upgrade Now

Port and city officials have called for expediting planned upgrades at the ports of Los Angeles and Long Beach to stave off the threat of losing cargo traffic when the $5.25bn Panama Canal expansion is completed next year.

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Chief Executive of Maersk Focuses on Improving African Infrastructure

The CEO of Maersk Group toured Nigeria, Angola and Ghana in a bid to focus on African infrastructure improvements. As African economies boom, infrastructure improvements become more important to turning the growth into sustainable development, and Maersk is planning to take a role in this transition.

5 Steps to Better Data for Supply Chain Decision-Making

In today's environment of Big Data and analytics, effective supply chain decision-making is only as good as the data influencing the decisions. Drawing actionable conclusions based on the best information possible is critical to maintaining a supply chain that is efficient and effective, but also acts as a continual driver of strategic and competitive advantage. But how can your organization ensure that the data used to draw conclusions and make decisions regarding the supply chain is clean, relevant and accurate?

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India's Supply Chain Is Improving, But Still Has a Long Way to Go

Analyst Insight: India has one of the world's fastest-growing economies. Based on the country's 12th Five-Year Plan, manufacturing in India is expected to grow at a healthy CAGR of 9.5 percent. However, according to a World Bank Survey, India ranks 46th in global trade logistics performance and 13th in GDP growth worldwide. Despite the generally positive economic outlook, estimates indicate that the country's inefficient supply chain results in an approximately $65bn loss per year. - Neelam Singh, Senior Analyst, and Steve Banker, Service Director, Supply Chain Management, both of ARC Advisory Group

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US Airways Appoints General Sales Agent in France for Cargo Operations

Expanding on its existing relationship in other countries, US Airways has appointed EFIS Air, a subsidiary of ECS Group, as its cargo general sales agent in France. The two already work together in the UK, Belgium and the Netherlands.

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Supply Chain Disruptions Major Threat to Share Prices of Businesses

In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.

81 Percent of Surveyed Ocean Shippers Look to Cut Costs Through E-Invoicing This Year

A global study of high-volume shippers and freight forwarders that included four of the top five global logistics providers found that 81 percent of respondents want to receive invoices electronically in 2013.

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Linking the Physical and Financial Supply Chains

Electronic invoicing isn't new, writes Nigel Taylor of GXS. It started over 40 years ago with business-to-business (B2B) electronic data interchange (EDI) within private networks. With the advent of the internet in the '90s, e-procurement portals appeared and sparked a frenzy of investment into online industry communities. The e-procurement portals focused on sourcing and purchasing activities, and this narrow focus inevitably led to internet portals dedicated to payables processing.

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BizSlate Launches Small Business Supply Chain Assistant

New York-based BizSlate is launching its cloud-based resource planning tool to give small business a hand with their supply chain challenges. Unlike legacy vendors in that sector, including SAP and Netsuite, the technology is specifically designed for department stores, retail chains, small boutiques and the like. Chief executive Marc Kalman says BizSlate is ideal for companies that have "outgrown QuickBooks" but don't have ample resources at their disposal for IT.

Evolving the 3PL-Shipper Relationship

Analyst Insight: The talk in outsource circles these days continues to revolve around the need for bigger and better collaboration and innovation. Some articles talk about the end of outsourcing, but what they mean - and a better way to put it - is to think about the end of outsourcing relationships as we know them. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education. and Founder, Supply Chain Visions

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Supply Chain Is the Weakest Link in Indian Retail Industry

Analyst Insight: With the government of India recently liberalizing foreign investment into the country's retail sector, many global retailers are eyeing the country as the next expansion opportunity. The experience of early entrants into India's organized retail has shown that supply chain inefficiencies are among the top hurdles to profitability. The unique Indian context requires creative sourcing approaches and significant investment in training and retaining local skilled supply chain talent. - Viktoria Sadlovska, Chief Research Officer, Prameya Research

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Reasons for Selecting 3PLs Are Changing

Analyst Insight: Third-party logistics providers continue to be the recipients of outsourcing requirements and have grown to provide a critical business capability, but the business rationale in selecting an outsourcing partner appears to be changing. The use of 3PLs remains compelling, with shipping companies continuing to report productivity gains - along with cost reduction and service enhancement - but in discussions with clients, increasingly manufacturers are looking to leverage industry best practices and process knowledge as a first priority. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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