Analyst Insight: Third-party logistics providers continue to be the recipients of outsourcing requirements and have grown to provide a critical business capability, but the business rationale in selecting an outsourcing partner appears to be changing. The use of 3PLs remains compelling, with shipping companies continuing to report productivity gains - along with cost reduction and service enhancement - but in discussions with clients, increasingly manufacturers are looking to leverage industry best practices and process knowledge as a first priority.
- Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights
Swiss manufacturer ABB has said it will focus on reducing cost to offset economic uncertainty. In order to combat the sluggish global economy that has damaged sales for many providers of industrial equipment, ABB has focused on the bottom line. "In the short term, there are still a lot of questions around the pace of growth in Europe and the U.S. and the timing of the rebound in China," said Joe Hogan, chief executive officer of ABB.
Seventy percent of companies believe that climate change has the potential to affect their revenue significantly, according to a new report by the Carbon Disclosure Project (CDP) in partnership with Accenture.
Rear Admiral Mark Heinrich, commander of the Naval Supply Systems Command and chief of the Supply Corps, reveals what it's like to oversee one of the world's most complex and critical supply chains.
A report released by the American Trucking Associations concludes that many more times than not, car drivers are at fault when cars and trucks crash with one another. ATA's report rounded up reports from several large studies for its findings, including from agencies like the Federal Motor Carrier Safety Administration and National Highway Traffic Safety Administration and groups like the AAA Foundation for Traffic Safety and the University of Michigan's Transportation Research Institute.
Isotrak Inc. a global provider of telematics and global positioning system (GPS) vehicle-tracking services, has officially expanded into North America.
Is it a waste of time to make economic forecasts? Even the most respected prognosticators are wrong as often as they're right. And the most sweeping changes? Hardly anyone ever sees them coming.
Labelmaster, a manufacturer and distributor of items for complying with regulations on the movement of hazardous materials, has added reusable crates to its product line.
