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Strategy for improving supply chain, logistics precision
OilOnline
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Offshore service companies traditionally have faced formidable supply chain, inventory and logistics challenges as their work takes them to some of the world's most remote locations. Recent price pressures have added new complexity to the equation. Oracle's Charles Karren looks at how one company is leveraging expanded business intelligence to surmount these challenges and improve supplier performance as well as inventory and logistics
management.
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Beige Book confirms break in supply chain
Financial Times (free registration required)
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The Japanese tsunami in March caused "widespread" disruption to U.S. supply chains, according to the Federal
Reserve's latest survey of its business contacts. Confirmation in the Beige Book of serious supply chain disruption is positive for the economy because it suggests that growth will bounce back from a recent soft patch once supplies return to normal.
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Do you know your total cost?
Industrial
Maintenance & Plant Operation via Industrial Distribution
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As companies look for alternative solutions to supply chain assets around the globe, two issues have emerged as the primary reagents for these changes: the desire to be closer to the customer, and the
need for more complex analyses of the total cost of production.
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Inventory restocking arrives earlier, lasts longer
The Journal of Commerce
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U.S. shippers moved more freight than normal in the first quarter, as a wave of inventory restocking hit earlier than in 2010, according to a shipper survey.
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CoreTrust Purchasing Group is a group purchasing organization
(GPO) offering indirect spend contracts including information technology and human resources. CoreTrust serves 225+ members across multiple industries. By partnering with private equity firms and their companies, we leverage extraordinary purchasing power by assuring suppliers of committed volume from these respected companies. more
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Industry optimism hangs on thread
EBN
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As the electronics industry shakes off recessionary woes, moves beyond the damage done by the Japanese earthquake and tsunami and digests monthly manufacturing well-being reports, supply chain
professionals seem ready to find the silver lining.
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An intelligent pursuit
Supply Management
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Conducting a supply market analysis for any given commodity is a skill every supply chain professional should master. Independent procurement consultant Elaine Porteous provides some pointers.
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Supply chain improvements vital to boost African food yields
Procurement Leaders
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Investing in post-harvest technologies to reduce food losses across the supply chain could increase the food supply significantly in sub-Saharan Africa, according to a new Food and Agriculture
Organization of the United Nations/World Bank report. The report estimates the value of post-harvest grain losses at around $4 billion a year.
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AGU is the premier, accredited university offering Certificates and
Master's Degrees in Supply Management in a distance learning format
with affordable tuition and rolling
admissions.
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A career of progressive approaches and leadership
Inside
Supply Management
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"In supply management, you don't work alone." This is the present-day truth and future vision for Shelley Stewart Jr., CPSM, and ISM's J. Shipman Gold Medal Award recipient. Stewart is senior vice
president, operational excellence and CPO at Tyco International. He leads Tyco's lean Six Sigma, information technology, trade compliance, real estate and supply chain initiatives across the company. Stewart is responsible for $13 billion in procurement spend and $500 million in information technology costs. He and his team have achieved more than $3 billion in savings to Tyco's bottom line.
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New report helps packaging distributors combat 8
biggest challenges
PRWeb via San Francisco Chronicle
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I.D. Images LLC released a new white paper offering recommendations to packaging distributors on how to
succeed during tough economic times. The paper covers eight common challenges packaging distributors face.
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Turning plants into plastics: Challenges, opportunities in bioplastics for consumer goods companies
Environmental Leader
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In 1934, Henry Ford declared that in the future we will be able to grow annually "most of the substances needed in manufacturing. When that day comes, chemistry will reunite agriculture and industry." While it is too soon to suggest that Ford's prophecy has been fulfilled, a combination of changing consumer demands, concerns of climate change and a desire to reduce our
reliance on fossil fuels are pushing us ever closer to the day he envisioned.
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Learn how today's manufacturers are using ERP software to solve their complex challenges for maximum ROI. This evaluation kit and virtual tour shows how ERP software can help you implement lean manufacturing, meet and exceed more demanding customer expectations
and drive real performance improvement.
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A top industry analyst firm recently reported that organizations good at demand forecasting average 15% less inventory, 17% higher perfect order fulfillment and 35% shorter cash-to-cash cycle times than their peers, while experiencing one tenth as many stock-outs. Learn how today, download,
“Seven Methods That Improve Forecast Accuracy.”
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How to minimize impact of Middle East tensions on transportation costs
Parcel
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The tensions in Egypt, Syria, Libya and Yemen already have begun to effect supply chain spending. A white paper released by NPI estimates the average shipper will experience a 15 percent increase in transportation costs in the second quarter, with carrier fuel surcharges rising by more than 50 percent over 2010's levels.
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May freight rail traffic makes slight gains
Powder Bulk Solids
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The Association of American Railroads reported that carloads in May 2011 increased 0.5 percent compared with May 2010. According to AAR's monthly Rail Time
Indicators report, intermodal traffic in May increased 7.5 percent compared with May 2010. This represents the 18th consecutive month of gains in intermodal traffic.
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Customs clears hurdle in simplified filing
The Journal of Commerce
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U.S. Customs and Border Protection announced a major step toward fulfilling a 10-year-old goal of giving importers a "single window" to government. The agency said it had completed a "harmonized" data set that comprises information required by some 50 federal agencies that have regulatory authority at the border.
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UK procurement should heed engineering input cost increases
Supply Management
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Civil engineering suppliers have told buyers they need to start recognizing increasing commodity prices in tender awards. The Civil Engineering Contractors
Association found in a survey that fuel costs had risen by 10 percent and metals increased by 7 percent over the past year. Meanwhile, tender prices are still slipping.
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Concur is a leading provider of integrated travel and expense management solutions for companies of all sizes. Concur helps companies control costs and save time.
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Beyond the mandates: Finding business value in mass serialization, supply chain visibility
PharmaManufacturing.com
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Tunnell Consulting's Carla Reed provides a six-step approach for establishing drug products' digital DNA, with an eye toward ROI as well as compliance.
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Dry conveyor lubricants save water for food, beverage companies
Environmental Leader
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Ecolab's DryExx, a silicon-based lubricant used for moving bottles, cans and other containers down plastic conveyor lines, is cutting water use and saving money for food and beverage businesses that in
the past have relied on wet lubricants.
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Bossard is a global, value-added supplier providing customers with innovative fastening solutions and leading VMI technology. Find out why we’re the trusted expert brand. MORE |
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Software to manage customs compliance improved
Supply Chain Brain
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IES Ltd., a vendor of transportation software, has introduced an application to provide visibility of import shipments and aid in compliance with new regulations by U.S. Customs and Border
Protection.
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Keeping wireless moving
Manufacturing & Logistics IT
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For more than a decade, companies in the manufacturing, logistics and retail space have taken the lead in the use of wireless LAN to achieve improvements in both productivity and profitability. Pharmaceutical companies are an excellent example of this, especially since they typically have a mixed warehouse, manufacturing and office environment in which a wide variety of wireless applications can provide great operating value.
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