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Technology: Page 857
Building an Omnichannel Fulfillment Road Map
Analyst Insight: Omnichannel commerce is the new "normal" for retail. And it's a tall order for most companies to achieve. You'll need an omnichannel road map that incorporates where you've come from and where you need to be based on your customers' expectations and your business strategy. – Joe Dunlap, Senior Director, Supply Chain Strategy, Fortna Inc.
Five Top Supply Chain Disruption Events of 2014 Highlighted in Report
The top five events causing disruption to supply chains in 2014 were Typhoon Halong in western Japan with a revenue impact of more than $10bn, severe flooding in Long Island, New York, with a revenue impact of more than $4bn, Typhoon Rammasun in China and Vietnam, which caused a revenue impact exceeding $1.5bn, the Taiwan gas explosions and their $900m impact, and the Intel hazardous chemical spill in Arizona, which also had a revenue impact that topped $900m.
Auto Suppliers in Financial Squeeze as Automakers Demand Deep Cost Cuts, Local Production
Automotive suppliers are under mounting pressure to satisfy two conflicting customer demands: to cut costs and to open more factories in fast-growing emerging markets so that they can be closer to their customers' production plants. Striking the right balance between cost and proximity in global manufacturing networks will be one of the industry's greatest challenges, according to a report by The Boston Consulting Group (BCG), conducted in partnership with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA. The report is titled The Proximity Paradox: Balancing Auto Suppliers' Manufacturing Networks.
Six Challenges for Supply Chains in Emerging Markets
What does it take to overcome the logistics challenges of serving customers in emerging markets?
Next-Generation Rail Fleet Management
Analyst Insight: The shale gas revolution has fueled a resurgence of domestic manufacturing, driving rail shipments up over 6 percent and a two-year backlog for new cars. Maximizing fleet utilization is now a key management issue for most shippers. While current rail management tools are effective at tracking rail cars, an important gap exists with accurately predicting the usage and location of the cars over the entire planning horizon. – Alfred Sherk, CEO, SherTrack LLC
How To Manage DC Talent
Analyst Insight: Keeping talent has risen to be a concern for managers, directors and CEOs across the country. It's even caught the attention of academics. What policies employed at the DC level gets the most out of the money spent on training, and gets the best results? Our 2014 study starts to answer that question. – Karl B. Manrodt, Professor of Logistics, and Donnie Williams, Assistant Professor of Logistics, Georgia College and State University
The Future of PLM: From 'Engineered' to Collaborative Environment
Analyst Insight: Information technology tools have played a large role in advancing the efficiency of product development over the past 20 years. In terms of helping organizations opening lines of communication and better integrating product development with essential supply chain and manufacturing processes, however, the impact has been less impressive. – Pierfrancesco Manenti, Vice President, Research, SCM World
Your Omnichannel Strategy Is Failing? Blame the Supply Chain.
Although the term "omnichannel" has become most associated with success in retail and consumer goods, few companies are confident in their omnichannel abilities, according to a new study by Ernst & Young and the Consumer Goods Forum. They blame the supply chain.
Global Food Manufacturer Achieves Significant Supply Chain and Duty Savings
Challenge: This global food manufacturer and distributor is one of the world's largest companies, exporting to over 70 countries. With an eye toward sustainable growth, the company realized their global trade process needed a transformation – manually intensive processes would often lead to inaccurate duty payments, documentation errors, and shipment delays.
How Will Pharma Industry Evolve in 2015?
Analyst Insight: The pharmaceutical industry is finally sharpening its focus on profitability and efficiency. 2014 saw continued mergers and acquisitions, but more importantly, the acceleration of business focus on core sectors. Now that the impacts of the Affordable Care Act are better understood, the ability to streamline operations into sectors is driving spin-offs, sell-offs and renewed operational pressures. Two key drivers this year involving supply chains will be inventory reduction and control and lean cost reduction. – Brian Hudock, Partner, Tompkins International
Yusen Logistics Subsidiary Opens Warehouse in Malaysia
TASCO Berhad, a subsidiary of Yusen Logistics in Malaysia, has begun operations at a new warehouse in Tanjung Pelepas, a port in the southern portion of the country.
Recent Developments in PLM Support Supply Chain Collaboration
Analyst Insight: Recent developments in PLM technology have increased substantially the potential for sharing of product data throughout the extended enterprise. Access to such technology has historically been highly variable, especially among smaller members of the supply chain. However, exploitation of cloud-based computing infrastructures, together with major strides in usability are "democratizing" PLM and making it much more accessible. As a result, accurate, up-to-date product information can be made available right across the supply chain. – Tony Christian, Director at Cambashi
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