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All Technology: Page 550

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.

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 to Extend the Life of Your Distribution Assets

Mike Perkins, vice president of fulfillment and manufacturing with L.L. Bean, explains how the company was able to postpone building a new distribution center, despite an increase in sales.

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Middle East to Up Cloud Spending

The Middle Eastern and Northern African public cloud services market will see strong growth in 2013, experts predict. The increase in spending will represent a 24.5-percent increase from 2012, with revenue forecast to reach $462.3m in 2013, according to Gartner. The Middle Eastern and Northern African public cloud services market is forecast by the research group to grow 13.4 percent in 2012 to total $371.2m, compared to $110bn worldwide.

UK Freight Forwarding Sector Annoyed by Trade Negotiations

As talks are announced regarding a potential free-trade agreement between the two continental powers, which could simplify and revolutionize the â‚¬450 per annum trans-Atlantic trade there are rumblings in UK freight forwarding circles that another agreement, potentially a precursor to the main agreement and involving the security concerns when shipping goods between the partners, does not appear to hold all that it originally seemed to promise.

UPS and Jabil Will Provide Reverse Logistics Services

United Parcel Service of America (UPS) has formed a partnership with electronic circuit boards manufacturer, Jabil Circuit, to provide reverse logistics services globally. Under the partnership, UPS's logistics and distribution business unit and Jabil's aftermarket services division will provide optimized reverse logistics solutions for return and repair programs to original equipment manufacturers, service providers and enterprises.

ABB To Cut Costs to Counter Market Volatility

Swiss manufacturer ABB has said it will focus on reducing cost to offset economic uncertainty. In order to combat the sluggish global economy that has damaged sales for many providers of industrial equipment, ABB has focused on the bottom line. "In the short term, there are still a lot of questions around the pace of growth in Europe and the U.S. and the timing of the rebound in China," said Joe Hogan, chief executive officer of ABB.

Ahold To Share Data With CPGs

Ahold USA plans to launch a vendor collaboration initiative next month that will include sending POS, supply chain and merchandising data via a third-party to some number of its CPG suppliers in order to improve product availability and customer satisfaction.

$1M in Support of Saudi Supply Chain Students

The International Supply Chain Education Alliance (ISCEA) announced that the ISCEA Ptak Prize is offering 1,000 scholarships for 3rd- and 4th-year Saudi Arabian university students. The scholarships allow the eligible students to obtain internationally recognized, CSCA (Certified Supply Chain Analyst) qualification free of charge. This initiative is to support the kingdom's supply chain and human capital development goals over the next ten years. Each year ISCEA Ptak Prize will award 100 scholarships with the total value awarded more than $1mn.

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