World-class procurement organizations now have 18 percent lower operating costs than typical companies, and operate with 28 percent fewer staff, while generating more than twice the return on investment, according to new benchmark research from The Hackett Group.
East Coast Warehouse & Distribution (ECW), a provider of logistics services, has reduced labor costs and increased productivity via a radio frequency identification solution that tracks the locations of more than 1,000 shipping containers throughout its 60-acre yard.
Outdoor apparel retailer REI has designed its new distribution center to be both energy and workflow efficient. The DC, in the Arizona desert, is a net-zero energy facility and will provide to co-op retailer with 20 years of free energy, according to Rick Bingle, REI's vice president of supply chain.
October is expected to be the second-busiest month of the year for the nation's major retail container ports as merchants stock up for the holiday shopping season, according to a report by the National Retail Federation and Hackett Associates.
It's the best of times to take your business global. It's the worst of times to take your business global. With apologies to Charles Dickens, we are living in roilingly uncertain times when it comes to global trade, driving both risks and opportunities as high as they've ever been.
Last year some well documented supply chain miscues trimmed more than $30m in sales from The Finish Lines' bottom line, and left the retailer with unsold inventory in their DCs and disappointed customers in their stores.
The recent hack of the Democratic National Committee is the latest in a string of high-profile data breaches that have exposed the private information of millions of Americans. Retail companies, in particular, have been hard hit, resulting in millions of dollars being spent to secure computer systems and compensate consumers.