Before sourcing globally, it’s important to know the risks.
The pursuit of perfection may seem an impossible goal. But, with the right combination of key elements, four regions in the United States have achieved logistics greatness.
Increasing costs and challenges within the logistics industry affect your bottom line. Use these steps to reduce logistics costs.
In the past 20 years, companies have experienced a profound shift, and have dramatically increased their spending on external suppliers. This places the supply management function in the spotlight as a key driver of profitability. The better supply management teams are at selecting, overseeing, and collaborating with these partners, the stronger their organizations will be.
When applying Lean principles to procurement and purchasing processes, non-traditional sources of waste can be identified, which benefits the entire supply chain.
Ocean carrier dependability dips for the first time in six months; Low water conditions force Panama Canal to consider draught restrictions; IKEA invests in Romanian forest; Germany greenlights Daimler’s self-driving truck pilot program; Marine Stewardship Council (MSC) looks to create a global traceability too for seafood supply chain.
E-commerce and omni-channel retailing have a major impact on supply chain and logistics needs, and customers have to make sure their supply chain is equipped to offer maximum flexibility.
Active participation in a professional association helps advance career growth and offers continuous learning.
Sustainability and cost savings are driving shippers to reduce packaging waste.
How will XPO’s blockbuster acquisition of Con-way impact the transportation, logistics and supply chain sector?