Growing Efficiency and Weeding Out Waste
With $20 million in plant products left for dead each year, Bell Nursery had to nourish and grow some better inventory management practices.
With $20 million in plant products left for dead each year, Bell Nursery had to nourish and grow some better inventory management practices.
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.
3PLs tout IoT as top disruptive innovation in the supply chain; Hyundai and Accenture team up to design smarter ship; TMS use has tripled over the past decade; new sustainability web platform helps shippers assess key trends and best practices.
When BaubleBar saw the untapped potential of the international market, they tapped an parcel shipping partner to help them succeed.
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.
As e-commerce continues to transform consumer behavior, retailers explore hybrid omni-channel supply chain models that deliver the best that online and in-store have to offer.
The Internet of Things is bringing major changes to the way companies plan and execute supply chain activities as sensors, communications systems, and analytics solutions all become cheaper, faster, and more capable.
Active participation in a professional association helps advance career growth and offers continuous learning.
In spite of U.S. dollar strength, domestic manufacturing remains competitive globally; UPS tests new electric cargo bikes to handle urban deliveries; Bi-national Great Lakes Seaway Partnership promotes commercial shipping along the Saint Lawrence Seaway system; Mercedes-Benz reconfigures its global supply chain; Global Logistic Properties shifts investment from China to United States; Freight rail gains traction…
Collaboration is key to having a productive relationship between the supply chain and marketing departments.