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And the linked nature of supply chains mean that collaboration is necessary to ensure that a solution to a problem doesn’t meet the metrics for one link but negatively impact another. appeared first on Logistics Viewpoints. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.
a stockpile of chips), but if disruption persists safety stock can run out and is still vulnerable to other chokepoints, like logistics and labor shortages. The post Beware the Swinging Pendulum on Supply Chain Inventory Practices appeared first on Logistics Viewpoints. You can drown in information, so adding more isn’t enough.
Malcolm McLean, a trucker from NorthCarolina, was tired of waiting. Not only are these pre-purchased components and assemblies gobbling up cash, they raise the risk of obsolescence, which these days represents not only wasted resources but also a potential hit to sustainability metrics.
Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). The post 5 Lessons from the Desert for the Future of Supply Chain Resiliency appeared first on Logistics Viewpoints.
A well-engineered solution applied to the right segment can absolutely be well worth the investment, but this is a decision that must be made in context of the business, not just a single forecast accuracy metric. appeared first on Logistics Viewpoints. A forecast is an input, not a decision.
GEP and the NorthCarolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.
How do you successfully align goals, metrics, and resources across functional groups? Having leaders with cross-functional responsibility — such as having Manufacturing, Logistics, and Procurement report to a single executive — also helps to drive alignment. Which metrics are the right ones?
Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). There are still plenty of problems to fix, but our roads and bridges aren’t crumbling,” said David Hartgen, lead author of the Reason Foundation report and emeritus professor of transportation at the University of NorthCarolina at Charlotte.
Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. cities have launched Smart City Logistics innovations and protocols, following the lead of Europe and Asia. ? Self-Service Logistics.
business logistics amounts to 9.1% business logistics reflects the highest percentage of GDP in history. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The supply chain supports an additional 770,000 jobs, comprising 31%, of NorthCarolina's workforce.
To help you find your food logistics services expert, we’ve identified 5 key questions to ask your prospective partners. 5 questions to ask your food logistics services provider. Custom reporting of the metrics important to your business. Turn to Kanban Logistics for food logistics services. Can your WMS handle ?
The following are key factors to consider when choosing a third-party logistics (3PL) partner for food products. Shopify, Magento and Amazon) Custom reporting of the metrics important to your business 4. The post 5 Things to Look for in a Food Grade Warehouse appeared first on Kanban Logistics.
Software: 3PL providers invest in the latest warehousing and logistics technology so you don’t have to. Key performance indicators (KPIs) are the metrics that help you to understand just how well your 3PL is performing. Each metric must also have a goal which denotes success (e.g., on-time shipments).
Recent disruptions such as the Texas Polar Vortex that impacted resin markets , the NorthCarolina tornado which impacted pharmaceutical supply chains , and other events have raised increased concerns about the impact of such disruptions on supply networks.
As rates continue to fall, industry metrics are beginning to reflect a new reality for the transportation market. The Logistics Managers Index (LMI) showed a reading of 36.9% for December, marking the metric’s fastest decline ever recorded. DoorDash Announces Return Service to Meet Post-Holiday Demand For Reverse Logistics.
While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In the logistics industry, most 3PL warehousing providers are fully responsible for their buildings, equipment, and people.
Finally, General Jim Trogdon, the former Secretary of Transportation in NorthCarolina, provided some interesting insights into transportations. This will only accelerate our logistics network improvement, accelerate e-commerce and e-fulfillment, and that the electric vehicle manufacturing growth will continue.
Historically these roles are siloed, focused on their own functional metrics. Mitchell-Guthrie has an MBA from the Kenan-Flagler Business School of the University of NorthCarolina at Chapel Hill, where she also received her BA in political science as a Morehead Scholar.
NorthCarolina has again been recognized as the “Best State for Business.” And factors related to logistics in NorthCarolina are a big part of the reason. CNBC Ranks NorthCarolina #1. NorthCarolina is no stranger to a number-one ranking. Logistics in NorthCarolina at a Glance.
TARIFF TITLE PAGE TERRA WORLDWIDE LOGISTICS LLC DBA AMERICAN GLOBAL LOGISTICS (a non-vessel operating common carrier) FMC ORGANIZATION NO.: Carrier" means Terra Worldwide Logistics LLC, on whose behalf this Bill of Lading has been signed. The Merchant agrees that it shall indemnify and hold the Terra Worldwide Logistics LLC.
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