Three recent developments—a shift to omni-channel retailing, an increase in manufacturing investment in Mexico, and the approval of the Trans-Pacific Partnership—are having a pronounced impact on automotive aftermarket supply chains. Here’s how automakers, auto parts suppliers, and logistics service providers can respond effectively.
Procurement professionals should cultivate and maintain good supplier relationships to ensure profitability.
Companies should reevaluate its compliance processes to look at previous set plans and get programs ready for upcoming developments.
To help combat counterfeiting, the premium beverage industry is taking advantage of serial numbers on product packages to uniquely identify each product for increased connectivity throughout packaging operations and the supply chain.
Minimizing transportation costs through data analysis can have a huge impact on a company’s bottom line
The introduction of driverless trucks could be the biggest change the road haulage industry will ever see, and the concept is closer to reality than people think.
Multiculturalism can be the competitive advantage that makes the critical difference in the success of your supply chain operations.
The expense of inbound vendor traffic and its impact on landed cost is overlooked. Use this advice to better managing inbound vendor freight.
It is critical that 3PLs take a hard look at operations to determine areas for cost reduction, productivity and efficiency improvements, and opportunities for new service offerings and revenue streams.
3D printers may alter the supply chain by reducing manufacturing lead times and creating shorter time-to-market for new designs.