Author Archive for Steve Banker – Page 2

Amazon.com’s acquisition of Kiva Systems keeps coming up in my conversations with industry peers and colleagues. Kiva is a provider of advanced robotic material handling systems — or looked at in an alternative way, the company brought to market much more intelligent Automatic Guided Vehicles (AGVs) than we had seen before. Adrian wrote about the acquisition shortly after it occurred. Now I’d like to add my two cents… Continue reading

Do you want to understand the supply chain capabilities of your key competitors? Or gain insights into how their supply chains are structured? If your competitor is a large company, they almost certainly have a vendor guide. And if you type their name and “vendor guide” into a search engine, there’s a good chance you’ll find their vendor extranet where you can access and read their vendor guide.

I… Continue reading

Categories : Logistics Trends, Retail
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Future Electronics is a world leader and innovator in distributing and marketing semiconductors and passive, interconnect and electro-mechanical components. Future is a private company, headquartered in Montreal, Canada. The company differentiates itself by providing an exemplary standard of customer service through product marketing, technical solution support, in-depth inventory, professional selling procedures, and highly-reliable distribution systems.

For the company’s supply chain group, this means it must hold a… Continue reading

I had never watched an episode of the popular television show “Undercover Boss,” but when I saw in a commercial that they were taking their cameras inside a warehouse, I decided to tune in. Sam Taylor, the CEO of Oriental Trading Company (OTC), posed as a new warehouse employee. OTC is the nation’s largest direct-to-consumer retailer of party supplies. Direct-to-consumer distribution centers (DCs) require a high volume of… Continue reading

Categories : Labor, Warehousing
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One choice international shippers face is whether to sign long-term contracts with ocean carriers or use freight forwarders and pay spot market rates. In the current environment, spot market rates are often lower, but shippers may face a service penalty when capacity tightens. Just as airlines overbook, so do ocean carriers. However, while airlines reward those who give up their spot, ocean carriers don’t. In an overbooking situation, ocean carriers… Continue reading