The number one imperative for North American shippers continues to be cost reduction and cost containment, which means that logistics providers must analyze and scrutinize operations more diligently than ever in order to find such opportunities, says Jeremy Haycock, president of Damco North America.
The term demand driven has become vogue again, but what does it really mean? And, should it be taken one step further to orchestrate bidirectionally market-to-market in market-driven value networks? Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives?
Bill Clement, vice president of intermodal at CSX Transportation, thinks an additional 9 million truckloads a year could and should be moved from highway to rail, and explains why CSX is taking that message directly to shippers.
A recent Deloitte survey of 600 executives at manufacturing and retail companies found that 63 percent were highly concerned about risks within the extended supply chain comprising vendors and customers, ranking it among their top-two concerns. The executives surveyed also cited "lack of acceptable cross-functional collaboration" as the number one obstacle to managing risk effectively. While these survey results indicating a serious lack of collaboration and coordination among trading partners are certainly worrisome, should they really come as a surprise?
Users of enterprise asset management (EAM) and computerized maintenance management system (CMMS) software report low levels of access to these systems through handheld mobile devices, according to a new IFS-sponsored survey of executives from industrial companies with $50 million or more in revenue.
Pharmaceutical giant GlaxoSmithKline, Del Monte Foods and MGM Resorts are among some 25 companies that have joined an Ecodesk campaign to improve supply chain efficiency and transparency, and make it easier for businesses to measure so-called Scope 3 emissions.
The latest version of Isotrak's vehicle tracking solution enables fleet operators to improve trailer utilization and cut operational costs and fleet size by as much as 10 percent, the manufacturer says. The Active Transport Management System (ATMSi) gives round-the-clock visibility of all the trailers in the fleet, identifying those in use and those underutilized.
IBM announced a new predictive analytics solution to help enterprises identify and root out problems that could lead to asset failure. These new business consulting services and software are aimed at helping decision makers predict and prevent damaging supply-chain disruptions.
South African companies, particularly bigger enterprises, are making significant progress in optimizing their supply chains; however, opportunities for further enhancement do exist even for the most advanced practitioners.