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Think Tank
Global Logistics: Page 299
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.
The Open Group Previews First Standard for Supply-Chain Security
The Open Group has issued a "preview" of its new standard for promoting best practices in the area of supply-chain security. The Open Trusted Technology Provider Standard (O-TTPS) Snapshot, developed by The Open Group Trusted Technology Forum (OTTF), was designed for use by global providers and users of commercial off-the-shelf (COTS) products for information and communication technology (ICT).
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 ...
You Need to Create Lean Value Streams
Analyst Insight: 2011 marked a watershed year in the way supply chain managers conceived of global practice. Natural disasters that shook up traditional global sourcing coupled with a growing willingness to rethink the value of lowest piece-part pricing led companies to reassess what it means to operate efficient, effective supply chains. Companies are rethinking and reconfiguring supply chains to be more rational, regional, practical, low in total cost and risk, and high in fostering quality and customer value - moving toward rational, lean value streams. - John Shook, chairman and CEO, Lean Enterprise Institute
Single Border Portal Tops Importers' Wish List
With dozens of federal agencies having some degree of involvement in the cargo clearance process, importers are crying out for a single government portal at the border.
Saudi Airlines Cargo Readies Three Weekly Freighters From Benelux to Dubai
Saudi Airlines Cargo will begin operating three weekly 747 freighters from the Benelux (Belgium, Netherlands and Luxembourg) region to Dubai, United Arab Emirates in March.
A New Study on Supply-Chain Risk
ImpactFactor recently completed a study on supply-chain risk, surveying managers of more than 100 companies. The results were not encouraging. According to managing director Bill McBeath, many companies don't consider proactive risk-management to be a strategic tool. He was "shocked" at how level their level of investment in that area was, with half reporting expenditures of $50,000 or less to audit and assess suppliers. "Not a single one spent more than $3m," he says. "Given the huge potential impact [of risk] on their shares, we believe companies are seriously under-investing."
HelpSTAR Releases 2012 Collaborative Workflow Service Desk
Forging a Risk-Tolerant Supply Chain
Europe's Recession Expected to Put Drag on Its Containerized Imports
Insight vs. Oversight Governance
Analyst Insight: Signing a contract and getting the business ramped up is just the beginning of an outsourcing deal. The real work is shaping the relationship and making the parties operate not only as a high-performance team, but also to allow the companies to embrace the dynamic nature of business and keep the parties aligned as "business happens." It's essential to have a flexible and cooperative governance framework. - Kate Vitasek, faculty of the University of Tennessee's Center for Executive Education, and founder, Supply Chain Visions
Dow Chemical Beefs Up Supply-Chain Resiliency: Case Study
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