The first real estate investment trust to focus on logistics is set to float on the London market and raise £200m to invest in a new breed of e-commerce warehouses.
As costs of production and labor continue to increase in China, U.S. manufacturers are increasingly focused on product and process innovation and supply chain efficiency to boost productivity and manage costs. This was according to top executives from leading U.S. companies in China at the AmCham Shanghai 2013 Manufacturing Summit on October 17.
Weaknesses in Vietnam's manufacturing and agricultural supply chains have prevented the country from lowering export costs and capturing much needed value addition, said Pham Minh Duc, senior economist at the World Bank.
In today's globalized economy, supply chain professionals work together to deliver products to the end customer while working with different organizations and different business units within the same organization. During this process, supply chain managers face a challenge in controlling inventories and costs while maximizing customer service performance.
When it comes to public sector procurement, the federal government is the big kahuna, over $500bn-a-year large. Yet, when it comes to managing this massive amount of taxpayer dollars, there's really no one in charge to direct how best the feds can spend and manage this money.
More than 80 percent of the world's population resides in what is known as "emerging markets". This group of countries represents a diverse collection of economies from China to Peru and Ethiopia to Kazakhstan.
Procurement and supply chain have always been strange bedfellows in manufacturing organizations. There's a rather arbitrary dividing line between activities, which, academically speaking, should not exist in the first place, such as balancing inventory/order size with cost and risk.
Nearly half (43 percent) of UK businesses regard reducing the cost of running warehouse operations as their most critical challenge for business improvement - even more critical than speed of fulfillment.
We all know that the geography of the modern global supply chain and the concentration of manufacturing in specific areas make supplies of many components particularly vulnerable to disruption.