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Digital Disruptions Continue to Drive Retail Evolution

Digital disruptions continue to play an important role in the evolution of retail. The dot-com era of the 1990s begets the dot-com bubble that burst to create the dot-com collapse. By 2003 the few dot-com survivors began playing an important role in retail. By 2010 e-commerce had reached a level of significance creating the term multichannel retail, describing retailers who participate in stores and online. The field has evolved, and entered the era of New Retail. -Jim Tompkins, CEO, Tompkins International and MonarchFx

0214 Digital Disruptions Continueto

Avoid Strategic Drift in Your 3PL Relationship with a Sound Governance Structure

Even the seemingly most aligned and value-enhancing 3PL relationships can falter badly if the parties fail to “keep up” with each other over the course of their agreement. I call this problem “strategic drift.” It’s a question of good governance, which includes regular communication and meeting cadences throughout the involved organizations. -Kate Vitasek, faculty member, University of Tennessee Haslam College of Business Administration; author of six books on the Vested business model

Making a Crypto Utopia in Puerto Rico

They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.

Rising Freight Costs Are Weighing on Companies’ Profits

A number of U.S. companies told investors that rising shipping costs in recent months have cut into earnings.

How Big Data is Revolutionizing Six Sigma Application in Manufacturing

The digital revolution is well underway and big data is no longer just a buzzword found in journals. Instead, data and the direct application of that information is being used to advance manufacturing around the world. This change is revolutionizing the way we look at Six Sigma approaches and application. -Melissa Hadhazy, Associate Partner, Infosys Consulting

0209 How Big Data Is

Why UPS Is Buying 14 More 747s

The rise of express deliveries and the recent U.S. tax reform have led UPS to order another 14 Boeing 747-8 cargo jets, the logistics firm has announced.

Robot Delivery Vans Are Arriving Before Self-Driving Cars

The future of driverless driving looks like a giant toaster with a funny hat.

Funding Questions Abound Over Trump’s Infrastructure Plan

The lack of funding details for President Donald Trump’s plan to spend at least $1.5tr in infrastructure spending leaves uncertain the effort to build and expand roads and bridges nationwide, freight and logistics groups said Wednesday.

0208 Funding Questions Abound Over

Nobody Thinks About Cargo Insurance — Until $1M Goes Up in Smoke

Challenge: The operations vice president of an oil and pipeline construction company recently admitted there was a time when he wondered if his company’s cargo insurance policy was worth it. The company sources goods from around the world, moves cargo by multiple modes and runs a supply chain through some of the world’s most high-risk countries. Thanks to meticulous packing and some good luck, they'd had very few supply chain incidents over 11 years. Until that summer, a few years back. That June, a truckload of welding equipment heading to Moscow caught fire. The $809,000 shipment was a total loss. One month later, a cargo ship carrying two of the company's containers, worth $150,000, caught fire. Those containers were also total losses.

Q&A: What We Have Here Is a Failure to Collaborate

A survey by 3M Company finds a large number of suppliers holding back from engaging in true collaboration with buyers, due to a lack of openness and customer incentives.

Blockchain Could Revolutionize the World of Supply Chain Management

Blockchain, the technology underlying bitcoin, has some challenges to overcome. But the potential applications are so compelling, supply chain managers should quickly learn more about it and begin to conceptualize how it can be applied to their businesses.

0201 Blockchain Could Revolutionize

Logistics Will Drive Saudi Arabia's Post-Oil Era

As the Arabian Gulf region aims for a larger role in the global logistics market, which it is estimated will be worth $15.5tr by 2024, Saudi Arabia is upping its own logistics game and becoming a credible competitor to Dubai in the process.

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

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

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

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site