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Reshoring? Not So Fast
Reshoring might sound like the solution to the United States’ supply chain woes, but here’s why it is not a cure-all for current and future disruptions.
Read MoreArtificial and Human Intelligence: An Unbeatable Combination
Investment in logistics technology—$26 billion in the past seven years—is white hot right now. Here’s a small sampling of the types of solutions that venture capitalists arefinancing: An artificial intelligence (AI)-driven demand-prediction engine that helps lifestyle brands forecast how many units of a particular item will sell. The mission? To better match global inventory levels […]
Read MoreRowenta Irons Out Inventory Challenges
Where do I go when it is too painful to watch TV? To my garage workbench. As it happens, my daughter had a project for me. Her pricey Rowenta iron was staining and scorching clothes. I can’t fix what’s going on in the world, but I’ll try my hand at this! Having broken several appliances […]
Read MoreBullwhip or Just Bull?
Are shipping lines pricing themselves out of business? Blame the bullwhip effect, a distribution channel phenomenon in which demand forecasts yield increasing swings in inventory. Let’s take that idea a bit further. Financial pressures on publicly traded companies drive short-term policies that please The Street analysts to satisfy investor expectations. Yielding to those pressures sometimes […]
Read MoreYou Won’t Get Fooled Again
Sometimes a kick in the pants is a step forward. The past two years have certainly been kicking it, and not in a good way for many of you. Stress of the type we are still going through can be incentive to change business practices. Incremental changes are a normal part of standard business practices. […]
Read MoreRobots Do Yardwork, Too
Efficient warehouse operations provide the levels of service that customers demand as America’s economy scales up. In many instances, yard operations impede that efficiency. Safety, driver facilities, cooperation, and consideration for truckers’ time are ongoing challenges. One driver tells us that a yard he regularly serves is "like a moonscape." The confluence of e-commerce growth […]
Read MoreUnleash Short Sea?
The ports around the Great Lakes would love to help offset some of the pain of the horror show called the "shipping crisis." Guess what. They can’t by law. Thank the Harbor Maintenance Fee (HMF), a well-intended policy perfect for the 1980s, along with related regulations, for sidelining port capacity around the Great Lakes. The […]
Read MoreTwinning Your Supply Chain from Google
Google once again is helping to democratize business solutions that were previously available only to the Fortune 1000. Its two new supply chain management solutions—Supply Chain Twin and Supply Chain Pulse—provide a powerful business tool for small and mid-size enterprises. “Siloed and incomplete data is limiting the visibility companies have into their supply chains,” says […]
Read MoreDollar Tree—Winning Through Logistics
What can a great logistics operation do for a company in this economy? Lots more than move boxes around, as it turns out. Take the logistics team at Dollar Tree as an example. Over the years, the discount variety store has invested in the kind of logistics operations associates who keep the company financially sound […]
Read MoreOther Reasons Why Supply Chain Stress Won’t End Soon
Our "new normal" global consumption reality won’t be ending soon. It’s not just e-commerce, virus buying, and the resultant impact on transport lift availability that’s driving shortages. Other factors augment long-term stress on your ability to marshal supplies and source transport to serve customers. Millennials with buying power, and there are lots of them, will […]
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