I'd like to propose a symbol for those huge new vessel-sharing alliances that will dominate the global container trades this year and beyond: a great big question mark.
Challenge: A $7B Tier 1 automotive manufacturer determined that its direct materials sourcing processes were inefficient to the point that they were losing potential revenue. Instead of performing strategic sourcing activities for new product introductions, the sourcing team was spending most of its time extracting information from other systems (PLM, ERP), manipulating spreadsheets, and analyzing vast amounts of quote information from their suppliers.
Challenge: MD Logistics existing legacy Transportation Management System was used to manually optimize freight solutions for customers that elected for the value-added service. However, it lacked full integration to the Warehouse Management System and the ability to rate shop and optimize freight spend and routing automatically.
The U.S. has seen a substantial portion of its manufacturing base eroded by cheap overseas production. American workers blame free trade. So why should we speed up the process?
All of a sudden, the future looks bright for nuclear power. Along with that rosy forecast, however, comes a raft of new challenges to the industry's global supply chain.
Analyst Insight: Customers want orders faster and without additional shipping cost. And that's impacting how companies deploy inventory across their networks. In addition to defining the parts (SKU) mix and inventory levels needed to support service goals, you must consider how many distribution nodes you'll need and where to locate them. You must balance cost and service across several variables. And the decisions have ripple effects throughout your operations. - John Giangrande, Automotive Industry Leader, Fortna Inc.