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Think Tank
Global Trade Management: Page 181
LogFire WMS Aids 3PLs with Transload, Deconsolidation Functionality
LogFire, a provider of warehouse-management system (WMS) software in the cloud, has created new transload and deconsolidation functionality, designed to meet the warehouse-management needs of third-party logistics providers.
Rosslyn Analytics Debuts 'One-Click' Tool for Supplier Risk Analysis
Rosslyn Analytics, a provider of business-intelligence software, has made available a new tool for conducting analyses of supplier risks. RA.Pid Supplier Risk Profile allows finance, procurement and supply-chain organizations to collaboratively evaluate, monitor and mitigate supplier-centric risks in real time in five business days, all from a single screen, the vendor claimed.
Supply Chain Collaboration: A 21st-Century Revival
There has been a recent renewal of interest in collaboration among supply-chain partners, according to Ann Grackin, chief executive officer of ChainLink Research. Reasons include a greater reliance on outsourcing and the general trend of globalization of trade. Yet another element is the desire to draw on sophisticated technology, including video, teleconferencing and social networks, to link all players throughout the chain. With such factors in mind, says Grackin, "you need working relationships with trading partners to be successful."
Growing Complexity Demands Greater Visibility to Control Inventory, Landed Costs
The increased complexity of global supply chains has led to longer lead times, more pipeline inventory, and the need to control downstream an upstream logistics, according to Supply Chain Visibility Excellence: Mastering Complexity and Landed Costs, a report from Aberdeen Group.
Let a Thousand Supplier Networks Bloom
Analyst Insight: There are many flavors of supplier networks. And switching costs, especially on the buyers' side, can be high - because these are solutions, not just networks. For these reasons, we will not see the consolidation of supplier networks to nearly the same extent that we see for other types of networks. - Bill McBeath, chief research officer, ChainLink Research
The Cloud and the Supply Chain
The "cloud" can be a difficult concept to grasp, given the various definitions it has been assigned by software vendors and users. Greg Johnsen, executive vice president of marketing and sales with GT Nexus, calls it "an information replica of the physical supply chain." Cloud-based technology provides one place where managers can go to monitor critical supply-chain events. When an element is updated, "everybody gets the information."
Descartes Debuts Cloud-Based Security Filing for Air Forwarders
Descartes Systems Group has created a pair of cloud-based services to help air freight forwarders comply with U.S. and European security filing requirements.
ToolsGroup Offers Outsourced Service for Optimizing Inventory Targets
ToolsGroup, a vendor of supply-chain planning software, has created an outsourced service which feeds optimized inventory targets to customers.
The Era of the Megaship: Is Bigger Really Better?
The year 2014 will see the debut of the Triple E, first of a series of at least 20 containerships to be operated by Denmark's Maersk Line, each with a capacity of 18,000 twenty-foot equivalent units (TEUs). Few could have imagined this behemoth at the dawn of containerization in the mid-1950s. (Malcom McLean's Ideal X carried only 58 boxes.) In the ensuing decades, containerships grew steadily in size, as operators sought to squeeze the most out of their investments. When ships became too wide to fit through the Panama Canal, builders doubled down. Between 2008 and 2015, average ship size will have risen from 6,000 TEUs to more than 11,000 TEUs, according to Lars Jensen, chief executive officer and partner with SeaIntel Maritime Analysis. Maersk's Triple Es will dwarf them all.
Global Transportation Solutions Help Companies Reduce Cost and Pay Invoices Quicker
Although organizations must connect suppliers and customers around the globe, managing worldwide supply chains can cause cost increases and operational challenges, However, Aberdeen Group's latest research, entitled 2012 Best Practices for Closing the Loop on Multinational Transportation Procure to Pay, identifies best-in-class behaviors that enable the top 20 percent of performers to reduce invoice cost, yet process and pay faster than competitors.
In Wake of Japanese Earthquake, Companies Ask if Supply Chains Can Be Too Lean, Study Finds
A year after the Japanese earthquake and resulting tsunami, supply chain managers are reconsidering just-in-time strategies, according to a survey released by the Business Continuity Institute.
E-Commerce Causes Major Distribution Challenges for Retailers and Wholesalers
Analyst Insight: The rapid growth of internet retailing is creating serious challenges for supporting retail and wholesale distribution operations. The good news is that growth rates for e-commerce are significantly exceeding expectations for most companies. The bad news is that there are some very stressed distribution operations behind the scenes that are having difficulty keeping up with sales. - Marc Wulfraat, president, MWPVL International Inc.
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