These days, it's widely assumed that most businesses are selling directly to customers via the internet. However, surprisingly, a Grant Thornton survey found that 39 percent of businesses are not yet selling online. Online sales might seem like a dream come true "” you reach larger markets with no middlemen, at higher margins "” but, according to the Grant Thornton survey, the dream can easily turn into a nightmare.
Rapid changes in the health care industry are impacting supply chain planning and execution. Philip Profeta, vice president of supply chain operations at Baylor, Scott & White Health Care, discusses the implications.
Change still is a constant and it comes at today's supply chain professionals faster, with more intensity and greater risks than ever before. Art Van Bodegraven describes what this means for current and future supply chain leaders.
Was there ever a time when trade wasn't a polarizing subject? Judging from the endless debate, it's either the key to economic prosperity, or a catastrophe for the common worker. There seems to be no middle ground.
Global forwarding group DB Schenker says it has taken a fresh look at the modes of transport usually chosen for moving freight around Asia and switched to a more efficient multimodal option which it has christened the "Asia Landbridge."
Business interruption and supply chain risks remain atop a list of the major hazards drawing companies' attention this year, according to the recently released Allianz Risk Barometer, a survey of some 400 of the firm's corporate insurance experts from more than 30 countries. Insurers are starting to pay much more attention to supply chain when underwriting industrial risks, the global insurer says.
Companies that view transportation management as a core competency with a strategic impact approach technology acquisitions as investments and not merely as costs, says Mike Joseph, director of business development at LeanLogistics. Joseph discusses how this mindset is reflected in other supply chain trends.
In the wake of the Great Recession and the still lethargic economic recovery, the importance of sound governance practices across the supply chain is more crucial than ever in building and maintaining effective, collaborative 3PL-shipper relationships. Positive news in the authoritative 18th Annual 2014 Third-Party Logistics Study: collaboration between shippers & 3PLs is up. The majority surveyed say their relationships have grown more collaborative over the past three years, "with shippers even more likely than 3PLs to say they are much more collaborative." - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education and Founder, Supply Chain Visions