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Think Tank
Logistics: Page 543
Four Steps to Align Qualitative and Quantitative Metrics in the Warehouse
Analyst Insight: After 13 years of conducting the Warehousing Education and Research Council’s (WERC) annual DC Measures Study of key warehousing and distribution performance metrics, a pronounced gap remains between "Best-in-Class" and "Major Opportunity" facilities within several key performance indicators. To close that gap by 2020, Major Opportunity warehouses must understand both qualitative and quantitative metrics as they relate to performance improvement. In other words, move beyond the numbers and focus on their processes. –Karl Manrodt, Georgia College & State University; Joseph Tillman, APQC; Steve Murray, Warehousing Education and Research Council; and Michael Mikitka, WERC
Retail Revolution: Four Ways Supply Chains Are Evolving
Analyst Insight: As consumers' relationship with retailers changes, supply chains need to become more agile and responsive to fulfill the promise of an omnichannel world. Wholesale, retail and e-commerce supply chains, which have grown independently over the years, are merging - but significant transformation is necessary to help make omnichannel execution more profitable. - Parag Jategaonkar, performance improvement principal, Ernst & Young LLP
World's Largest Container Ship Delivered
Mitsui O.S.K. Lines (MOL) has taken delivery of the world's largest container ship, MOL Triumph, from Samsung Heavy Industries.
Inventory Strategy Is the Key to Profitable E-Commerce
Analyst Insight: Omnichannel customer expectations continue to drive complexity in inventory planning and management. Expectations for faster fulfillment and free shipping, coupled with pressure to minimize inventory carrying cost, are driving companies to rethink inventory strategies to profitably service customers and ensure inventory is deployed in the right quantities to the right place at exactly the right time. But omnichannel flows like ship-from-store and buy-online-pick-up in-store (BOPIS) are complicating things and creating a new threshold for inventory planning requirements. - George Swartz, vice president, Fortna Inc.
Domino's Will Begin Using Robots to Deliver Pizzas in Europe
Starship Technologies, the London-based company that has created six-wheeled self-driving delivery robots, will begin taking customers Domino's pizzas in Germany and the Netherlands.
Will Trade and Transport Measures Advance, or Slow to a Crawl?
In the wake of the defeat of his healthcare proposal, President Trump might well be hoping for a comeback in the form of passing new trade legislation. What are the chances of that happening?
How a Border Tax Could Divide Boeing and Its Suppliers
A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts.
Three Steps to Manage and Monitor Logistics Performance
Analyst Insight: The 2016 DC Measures Study from the Warehousing Education and Research Council shows over 35 percent of respondents report to the C-suite, where interest in logistics performance will only increase. To better communicate to the C-suite, logistics needs to focus on managing and monitoring their performance by concentrating on the three pillars of performance management. In order to be successful, we must think beyond simple short-term results and move towards a better model for managing performance. - Joe Tillman, principal research lead for supply chain, APQC
Industry 4.0: The Five Steps Toward a Digital Supply Chain
If the vision of Industry 4.0 is to be realized, most enterprise processes - manufacturing, product development, customer relations, and the workplace itself - must become fully digitized. A critical element will be the arrival of the digital supply chain.
Walmart Aims to Dominate Last-Mile Delivery With Startup Incubator
Walmart launched its own startup incubator program in Silicon Valley, with a keen eye on last-mile delivery, according to Mobility Buzz.
Port Authority Group Launches Transportation Infrastructure Campaign
The American Association of Port Authorities (AAPA) has announced the launch of a campaign that will advocate for transportation infrastructure investment on behalf of the nation's manufacturers, farmers and other workers who count on modern and efficient seaports to move American products to vital overseas markets.
How E-Commerce Is Changing Facility Planning and Design
Analyst Insight: The impact of omnichannel fulfillment requirements and growth of e-commerce have altered the way companies plan and design distribution facilities. The plan and design processes themselves haven't changed as much as the number of variables that must be considered. Today's distribution facilities require greater flexibility to adapt rapidly to changing customer requirements. - Phil Quartel, senior director of operations design, Fortna Inc.
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