Analyst Insight: Despite extensive writing from IDC Manufacturing Insights last year extolling the virtues of supply chain responsiveness "” and that in many cases investments in responsiveness might well be better served than investments in forecasting "” manufacturing supply chains continue to rate "making improvements in planning and forecasting" among their top investment priorities. Not that responsiveness isn't important, just that companies believe there is still more progress to be made in things like forecast accuracy. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights
Although mail, express and logistics companies are benefiting from the growth of e-commerce in Europe, to date few service providers have developed the sophisticated services which e-retailers demand.
Analyst Insight: The automotive industry is an orchestration of marketing, logistics and product development. This orchestration, which leads to higher complexity and demand, requires that many parts be available in manufacturing and services. And this global and complex way of looking at a problem drives the European automotive industry to operate in Asia, as well as localize their supply chains for sales in Asia. However, the logistics for Original Equipment Manufacturers (OEM) between these two continents sometimes become complex. - Thomas Wiedmann, Managing Director, Europe, Tompkins International
International experts are meeting at International Maritime Organization headquarters this week, in the form of an Expert Workshop, to begin updating the inventory of greenhouse gases from international shipping.
Industrial machinery is expected to be the top driver of U.S. export and import trade now and in the next decade, according to the latest HSBC Commercial Banking Trade Forecast.
The current British politicians representing the transport sector certainly seem to be putting themselves out again this month with ministerial visits to two of the country's major container shipping ports, a leading logistics park and the launch of a new scheme to place ex-forces personnel into work in the freight and logistics sectors.
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
Challenge: A $12 billion retail consumer goods company approached us in need of a cost-effective way to ship heavy-weight products from China. In addition, they wanted a complete review of their replenishment model to improve inventory turns and reduce safety stock.
Analyst Insight: In a recent supply chain survey conducted by IDC Manufacturing Insights, consumer products manufacturers consider themselves stewards of product quality more frequently than of either cost or service. Interestingly, the gap between companies that consider themselves primarily stewards of product quality versus cost is narrowest for the large enterprise manufacturers, suggesting that for the smaller players, it is the product itself that drives competitive success in the marketplace.
- Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights