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Think Tank
Logistics Outsourcing: Page 104
New Division Serves Aerospace Supply Chain, Total Quality Management, Calibration and Recruitment
Advanced Technology Services, Inc. has created launched ATS Aviation Services to focus on the needs of the aviation maintenance and parts industry.
The Brave, New World for Shipping Lithium Ion Batteries by Air
Has your company seen all the headlines about shipping lithium ion batteries by air? How are you supposed to keep up with what's compliant and what is not? Here's a concise overview on the lithium ion battery air transport regulations that will be effective April 1, along with a preview of what might be expected later in 2016.
Drop in Spot Rates on East-West Ocean Routes Lowest in Five Years
The World Container Index's composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the U.S., reached a record low of $701 per 40-foot container recently.
3PLs Take Note: Relational Contracting Is on the Rise
Analyst Insight: Anyone doing business in today's economy knows that "business happens." The dynamic pace of business means the contract you sign today may not be the right contract for tomorrow. This is why academics, lawyers, and judges are starting to argue for more relational contracts where good ethics are embedded into the overall intent and framework of a commercial contract. When that happens, relational contracting could become a welcome "new normal." - Kate Vitasek, faculty member of the University of Tennessee's College of Business Administration, and principal author of six books on the Vested business model and methodology.
Careful Evaluation of Global 3PLs Needed as Merger Activity Accelerates
Analyst Insight: The overall market for U.S. 3PL providers has surpassed $116bn after six consecutive years of expansion. The 3PL market has expanded in all but one of the last 10 years, with a recession-fueled decline in 2009 the only blemish. At the same time, global corporations are striving to consolidate the number of logistics providers they work with to obtain more services from fewer providers. - John Johnson, Senior Content Specialist, Gartner Supply Chain
Supplier Diversity, By 2025
Analyst Insight: By 2025, issues such as globalization, social transparency, risk management and sustainability will bring new challenges to all the best procurement organizations around the world. For diverse suppliers, these changes will pose new challenges, while bringing new opportunities for those with a vision for the future. - Angie Li, Partner; Curtis Simpson, Manager; Kirsty A. McNally, Manager, all with Advisory Services of Ernst & Young LLP
Import of Paper for Worldwide Destinations
Challenge: In a world where speed continues to gain in importance, customers expect the ordered products to be delivered quickly. As a result of digitalization, the client found himself operating in an increasingly shrinking paper market.
Exporting Pears from Antwerp to China
Challenge: The conference pear is firm and well suited to export, but short transit times are nevertheless very important. Also, the cost of transport plays an important role, as it makes up some 10% of the retail price of the pear.
Designing Supply Chain Networks the Right Way
Analyst Insight: Network design, network planning, network analysis, network optimization, or network studies - these terms have been used over the past 25 years to represent the work to determine how to set up logistics networks, how to analyze them for cost reductions, and how to re-plan them when something important changes. - Gene Tyndall, Executive Vice President, Tompkins International
Customs Automation Is Finally Happening. Really!
After years of delay, the automation of importer filings, involving multiple government agencies, is upon us. Say hello to the "Single Window."
Commercial Supply Chains Driving Advances in Humanitarian Relief
Analyst Insight: Logistics accounts for the bulk of humanitarian relief expenditures. Application of technologies and frameworks used in commercial supply chain activities can reduce costs, increase velocity and save lives during crisis. - Kathy Fulton, Executive Director, American Logistics Aid Network
Leveraging Analytics to Better Manage Industrial Assets
Analyst Insight: The connected nature of today's business environment is driving exponential growth in data, which is subsequently driving improvements in advanced analytic capabilities and the opportunity to leverage advanced analytics in manufacturing processes. For industrial manufacturing firms, capturing real-time data relative to asset performance and condition enables predictive maintenance and helps to realize productivity improvements and cost savings by reducing unscheduled downtime and optimizing asset performance. - John Santagate, Research Manager, IDC
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