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He is a 2005 graduate of Miami University in Oxford, Ohio. Authoritative Source for Industry News: Transport Topics has been a leading news source for the trucking and freight transportation industry since 1935, providing essential information for decision-making across the logistics and supply chain sectors.
Diversify and Strengthen Your Supplier Network for Reliable Sourcing Overreliance on a single supplier or geographic region increases vulnerability during economic disruptions. Nearshoring and establishing regional supply centers can reduce dependency on distant sources and enhance responsiveness.
The July 2024 deal was a three-way transaction that would return Boeings fuselage structural component supply needs back to direct Boeing control, in essence ending a major outsourcing strategy that was initiated in 2005.
EU ETS Requirements & Compliance Risks The European Union’s Emissions Trading System (EU ETS) is a market-based mechanism established in 2005 to reduce greenhouse gas emissions. They must gather data on available technologies and energy sources compatible with the company’s existing systems.
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. Most notably, Oracle acquired PeopleSoft in 2005, gaining a significant foothold in HR and enterprise applications to compete directly with SAP. So, we have skin in this game!
Mini Case Study: Whirlpool Following its acquisition of competitor Maytag in 2005, Whirlpool found itself entering an unprecedented period of growth, at which point the management team recognised the need to continuously optimise its supply chain design and make it more flexible and adaptive to ride out economic fluctuations.
Moreover, we were unable to carry out the buyer’s most crucial action: sourcing appropriately with suppliers on the platform. According to Vlachopoulou and Manthou (2005), organizations frequently harbor fears of repeating past failures, which can create substantial barriers to the adoption of new technologie s.
But in 2005 Gartner acquired Meta, and Klappich’s career and industry profile took off. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? if that pallet occupies that rack spot for 2 months that rent expense might range about $56?
Gartner acquired Meta in 2005, and Klappich’s career and industry profile took off. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? If you were in the Warehouse Management System (WMS) market in the past 20 years you knew Klappich.
In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. In the period of 2000-2005, many companies attempted to stimulate growth through increasing the size of commercial teams. SG&A Ratios.
The details: 2001-Acquired Clairol for 4.9B$ 2002-Divestiture of Jif and Crisco to Smuckers–813M in Stock 2003-Acquisition of Wella for 7B$ 2005-Merger with Gilette for 57B$ 2008-Purchase of Nioxin for 300M$ 2009-Purchased Art of Shaving for 60M$ 2009-purchased ZIRH for 40M. Each M&A activity was painful for the organization.
Figure 2: AMR Research Hierarchy of Metrics First Published in 2005 Demand error is at the top of the Gartner hierarchy. The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. So, you might say, “What is the issue, Lora? I look forward to your feedback.
In the mid-1980s, leaders like Colgate, Intel, and Procter & Gamble defined supply chain organizations where source, make and deliver functions reported through the same organization, and had a common leader. They first appeared on the scene in 2005. I liked belonging to an organization that made things. It was a special club.
The only time it was higher was in December 2005, when it had briefly crossed $15. Unless the source of natural gas dries up, which is not likely for many years to come, the price of gas is likely to remain low for the foreseeable future. Since then, it has taken a big tumble and remained below $5 for the most part.
It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Agriculture, oil and gas operations are major sources of methane emissions. Such shifts can be natural, due to changes in the sun’s activity or large volcanic eruptions.
They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. The company has been on a supply chain transformation journey since 2005. But even multi-sourcing is not enough. Their revenues exceed €25 billion. Those materials flow into over 170 factories in over 40 nations.
The state of Florida “requires motor fuel (1) service stations near interstate highways or evacuation routes, (2) terminals and (3) wholesalers to have transfer switches and appropriate wiring to transfer the electrical load from a utility to an alternate generated power sources in the event of a power failure.
When Hurricane Katrina hit the Gulf Coast of the United States in 2005, Cisco executives created a business continuity-planning dashboard to mitigate risks. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions. Case Study Resilience: CISCO.
Global Supply Chain & Sourcing Director for ECCO Global Shoe Production & Sourcing. Starting out as a Marketing Intern in Adelaide, Australia for a Fielders Steel Roofing, my international studies lead to an opportunity to work in Singapore in 2005. What are the priorities you are working on right now? .
In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.
The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service.
I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. Sales and Operations Maturity Model from 2005-2008. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.)
In my post last week about Descartes’ user conference , I commented on how the company had made 28 acquisitions since 2005, including 7 acquisitions since 2013, and how global trade content was a growing focus for the company (evidenced by its acquisition of Customs Info). and Convergence is the Word for 3PLs.
Adapted from Ehrlich (2002); Stamatis (2002); George (2003); Bendell (2006); Bhuiyan et.al, (2006); Andersson et.al, (2006); Arnheiter and Maleyeff (2005); Nonthaleerak (2005); Kumar (2007); Magnusson et.al, (2003) Read more on Top 15 Lean Six Sigma Books to Level Up Your Continuous Improvement Efforts & Strategy on our website SCMDOJO!
Major Developments Since our last blog commentary which we titled Boeing’s Corporate Culture Fix Is A Systemic Challenge , there have been a number of significant developments including what could be the reversal of a strategic outsourcing decision made in 2005. The post Boeing’s Potential Sourcing Reversal- Financial or Operational?
In the period of 2005-2010 I created research on the topic of demand-driven value networks as an analyst at AMR Research. Streaming data architectures are evolving, and there are few sources of definitive data. A reverse bill of material optimization in sourcing based on market cost. It is often out of sync with the market.)
As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. What is RFID Technology?
A LeanLogistics employee since 2005, Tim has held various management roles where he oversaw multiple Managed Transportation Services accounts prior to moving into his current role. When we are managing a procurement event for a customer, the project will kick-off with a discovery call.
The Supply Chain Operating Network technology market evolved from the trading exchange market in 2000-2005. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally, across multiple tiers, with near real-time data to align sell, deliver, make, and sourcing organizations outside-in.
The first moment of truth in retail, as coined in 2005 by former P&G President and CEO A.G. Spark Delivery: Walmart’s Crowd-Sourced Delivery Platform. This week Walmart announced Spark Delivery, “a crowd-sourced delivery platform that allows Walmart to learn even more about the full last-mile delivery process.”
This was not true in 2000-2005 where eCommerce capabilities by a manufacturer were seen as too competitive to retailers. As a result, the architecture for the EACH and chain of custody of products for eCommerce requires HADOOP and non-relational open source technologies like Apache Spark. The data sets are larger and more complex.
The latest addition to this portfolio includes LTL and truckload freight services, which complements UPS’s global capabilities to provide customers a single source for multiple modes of transportation. In 2005, UPS acquired the less-than-truckload (LTL) trucking company Overnite Transportation.
The product naming convention changed to Demand Sensing (DS) in 2005. Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems.
Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.
Amazon’s trucking fleet is expanding rapidly; it launched in 2005 with the purchase of thousands of trailers used to shift goods between fulfillment centers. Source: Amazon.com. Let’s Talk About Boats, Ships, and Trucks. By comparison, that’s almost as large as the15th largest US passenger fleet.
Between 2005 and 2008, the average annual number of robots sold was about 115,000 units. Security must be enhanced during the design, production, sourcing, and distribution phases, and even after the purchase is made. Between 2010 and 2014, the average robot sales increase was at 17% per year (CAGR).
Second, Descartes continues to expand and strengthen its transportation management system (TMS) footprint , as the slide below illustrates: Source: Descartes. For related commentary, see guest commentary by Brian Hodgson from Descartes, The Agility of Integration: eCommerce, Warehouse Management and Shipping for SMBs ).
Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. The balance sheet performance (impacted by supply chain decisions) is not as strong in the period of 2010-2016 as it was in the period of 1980-2005. Supply chain leaders want to deliver supply chain excellence. The reason why?
In the period of 2000-2005 the trading exchange model was overhyped, and the software largely under-delivered against the business goals. To drive success in value networks, build multi-tier capabilities in channel and sourcing relationships, side-stepping the use of both traditional CRM and SRM concepts. There are many reasons.
It has been around since 2005 and is celebrated every year as a way to thank those who work hard behind the scenes, ensuring that goods are delivered quickly, efficiently and safely.”[3] ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. ”[3] In 2019, Logistics Plus Inc.,
In an ironic twist, making supplier identities public is taking form of a source of competitive advantage, particularly targeting consumers who demand information so that they can make informed purchasing decisions. have released the names and addresses of their suppliers to the public.
Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.
Dow Chemical Company, after participating in a study in 2005, reported that up to $15 million worth of costs per annum could potentially be saved with the help of by-product synergy.
Even though many of the same ingredients are used in both food services and grocery stores, the ways products are sourced, packaged, and delivered through the two supply chains are very different. Since over half of the fruits and vegetables in the U.S. Food Industry Exchange. ” The way ahead.
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