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Think Tank
SC Planning & Optimization: Page 313
Are Robots Taking Over the Warehouse?
It seems like a cruel joke. At the same time we hear about the return of manufacturing jobs from Asia to the U.S., we are inundated with stories about the growth of robotics, which threatens to take away those very jobs for good.
Moving from Marketing-Driven to Market-Driven Supply Chains
Analyst Insight: The corporate goal is to drive profitable growth. Growth happens through success in new products, capturing market share in emerging markets or brand building in existing regions. To make these initiatives successful, the supply chain matters more and more; however, the greatest success happens when companies shift from marketing-driven to market-driven value networks. In market-driven value networks, companies build the capabilities to listen, test and learn in vitro with zero data latency to maximize market opportunity. - Lora Cecere, Founder of Supply Chain Insights
Supply Chain Disruptions Major Threat to Share Prices of Businesses
In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.
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.
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.
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.
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 €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.
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.
UNDP Joins Shipping Industry Initiative in Somalia
Shell, BP, Maersk, Stena and the Japanese shipping companies NYK, MOL and "K" Line have announced their joint collaboration with the United Nations Development Program (UNDP) to support job creation and capacity building projects in Somalia.
DB Schenker to Construct Logistics Centre in Czech Republic
DB Schenker Logistics says it has started building a 23.5m euro ($32m) logistics centre in Rudna u Prahy, close to the Czech capital of Prague. The 90,800-square-metre terminal has been designed to meet the most advanced technological, safety and environmental requirements, the company says.
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