Mike Reibsamen – the Director of Integrated Supply Chain – at Berry Global, spoke about Berry Global’s supply chain transformation at the Council of Supply Chain Management Professionals (CSCMP) annual conference in early October. Mr. Reibsamen’s primary point was that companies will get much better payback from their supply chain projects if they don’t do them in an ad hoc manner. A company should have a comprehensive end-to-end vision of what they want to accomplish, […]
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The stock market has been in the news a lot lately over the past few weeks. This is due to the volatility of the market as it has experienced huge swings just this week alone. On Wednesday, the DOW was down over 300 points, with losses picking up right after the release of the Federal Reserve’s meeting minutes, which showed concerns about the long-term benefit of President Trump’s tax cuts. The swings are also attributed […]
Read More →Drivers have choices. So, it came as a great surprise to me when an executive at Netradyne said that his company’s camera and AI-based analytics system, used to improve driver safety, that is appreciated by truck drivers! In my experience, drivers don’t like Big Brother. I was skeptical. But the story checks out.
Read More →Halloween is a mere two weeks away, and the shopping season is in full swing. And by “in full swing,” I mean that consumers are spending big bucks on all the Halloween essentials. According to the National Retail Federation’s (NRF) annual survey conducted by Prosper Insights & Analytics, Halloween spending is expected to exceed $9 billion. With more than 175 million people planning on celebrating the holiday this year, that equates to an average spend […]
Read More →The Internet of Things (IoT) has become commonplace in almost every home and office. We use it to turn on the lights, connect our devices to satellites broadcasting streaming media, or place orders for grocery delivery. But the IoT has also quickly become an integral part of supply chains. It provides us with the advantage of using systems already in place, such as our smartphones or supply chain execution platforms, to expand our capabilities for […]
Read More →Abercrombie & Fitch has struggled. Investments in supply chain agility and omnichannel are a key part of their turnaround strategy. Investing in supply chain speed and efficiency includes improving forecasting in the hard to forecast fashion industry. But they also seek to improve efficiency by “leveraging data analytics to offer the right product at the right time and the right price.”
Read More →Going, going, gone. Those words were posted on Instagram, along with a picture of his “Girl with Balloon” canvas print, by the renowned and mysterious street artist Banksy shortly after the piece of art had sold for nearly $1.4 million at auction. Why going, going, gone? Well, Banksy, who has a history of pranking the art world, had built a shredder into the frame of the print in 2006, just in case it ever went […]
Read More →It is rare at Logistics Viewpoints (LV) that we would do more than reference a few sentences from another publication. However, I believe that Bloomberg Businessweek’s recently published article titled The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies is thought provoking and (potentially) consequential enough to warrant an entire post. I recommend that LV readers set aside some time to read the entire article for themselves. But in the meantime, I […]
Read More →It’s no secret that global eCommerce demand is impacting carrier capacity and driving transportation costs higher and higher. This is adding complexity to supply chain processes. More than ever, shippers are turning to outside experts to help find carrier capacity while controlling costs and automating processes. As a result, 3PLs saw tremendous growth in the last year, according to consultancy Armstrong & Associates, Inc. Even freight forwarders like Maersk have announced their intention to move […]
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Supply Chain Brief
Steps for Manufacturing Shippers to Adjust to Market Growth
October 5th was National Manufacturing Day. This yearly celebration of modern manufacturing strives to address common misperceptions about the industry and give manufacturers a day to showcase what they do and examine some of the most important aspects of their world. But taking time to focus on what’s going on in the world of manufacturing is more than just a fun celebration. It’s important to effectively adapting to changing market conditions in order to maintain […]
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