The Gig Economy Is Here to Stay — But Can Workers Survive in It?

Supply Chain Brain

Seen in that light, the gig economy is nothing new. Marion McGovern is author of Thriving in the Gig Economy: How to Capitalize and Compete in the New World of Work. While there’s nothing new about that, McGovern says the modern-day gig economy has become more accessible and in the public eye than in the past. Thirty years ago, when McGovern founded M Square Consulting as a source of independent consulting talent, “we had to educate people [about the option],” she says.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. Adopt performance metrics for carriers.

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Getting that “Swing” in Supply Chain Management

Talking Logistics

The New York Times best-selling book The Boys in the Boat by Daniel James Brown tells the story of how the University of Washington’s eight-oar crew team overcome great odds and adversity to win the gold medal at the 1936 Olympics in Berlin. Break down your functional silos” is not new advice. How do you successfully align goals, metrics, and resources across functional groups? Which metrics are the right ones? Step 2 – Develop Metrics and Data Sources.

Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

I grew up in New York and graduated from the New York Institute of Technology. Then, after a short spell in New Orleans, I moved to Houston to work with supply chain in oil and gas. We found equipment and materials that can’t be sourced locally. The company searched for smart people who understand what the next new technology will be. As globalization has taken place, more things can be sourced locally.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Source ID. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID.

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

New York City. New York City. Source ID. Content Summary: New York ranks number 1 among the seven metro areas in the number of Fortune 1000 companies with supply chain leaders located in the metro area; in the number of supply chain and technology programs in a 200-mile radius; in the number of supply chain and technology awards conferred in programs in a 200-mile radius; in transportation infrastructure (e.g., Source ID. Source ID.

Defining and Measuring Fast Fashion

The UCLA Anderson Global Supply Chain Blog

  (This blog is based on the article "Fast Fashion: Business Model Overview and Research Opportunities" to appear in Retail Supply Chain Management: Quantitative Models and Empirical Studies , 2nd Edition, Springer, New York, NY.).   In a previous blog we looked at online sources to determine which retailers are fast fashion and which are not. Note that he GMROI metric is largely used among retailers but several other ratios could serve the same purpose.

Random thoughts on “close-to-home-shoring” based on my travels last week…

Supply Chain View from the Field

Last week I had the opportunity to travel first to New York and then Monterrey, Mexico, and speak with a number of people to explore perspectives on the current economic situation we find ourselves in. Early in the week I sat in on a lecture given by Clay Christenson (from Harvard Business School) to a number of senior supply chain executives at a gathering at the new 7 World Trade Center in New York.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Success of New Business Models. This week, many of my friends will gather in New York for NRF. Retail was slow to adopt supply chain processes to drive new business models; and as a result, traditional retail redefinition of supply chain processes got caught in the omni-channel hype while Amazon worked its magic to become a market leader. Retail generic products sold through new channels. It is a necessary capability for eCommerce and new business models.

Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

To appeal to investors, you’ll have to start something promising that’s new and unique. Lerer Hippeau Ventures is a New York-based early stage venture capital firm, meaning it invests in companies that are just starting up but have a large chance of success (often Series A rounds).

CSR Leaders Work With UNGC To Drive Corporate Attention On Supply Chain Sustainability

EcoVadis

Before the United Nations Global Compact Leaders Summit in New York City June 22, a pre-conference roundtable session on supply chain sustainability was held at the UN Headquarters. Today, a lot of procurement departments are still focused heavily on (and rewarded for) the traditional procurement metrics of cost, quality, on-time delivery.

Letter from the CEO: Coronavirus Market Update

Transplace

Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. VLSFO (Very Low-Sulfur Fuel Oil) $315 per metric ton 3/12 comparted to $740 per metric ton in January 2020 = 57% decrease. Cast a wider net to source capacity for a “better safe than sorry” approach due to unknown surge volumes. Letter from the CEO: Coronavirus Market Update.

This Week in Logistics News (May 22-26, 2017)

Talking Logistics

Ryder Launches NaviShare, a New Software Platform Providing Real-time Visibility, Tracking, Matching, and Sharing of Truck Capacity. Alone on the Open Road: Truckers Feel Like ‘Throwaway People’ (New York Times). Supply Chain Diagnostics : Gain deep actionable insights across the demand and supply network to improve sourcing and partner collaboration while delivering root cause analysis of missed KPIs and key metrics.

The Ultimate Guide to Beer Profit Margins & More

Unleashed

We’ll start by looking at some key statistics across the Australian, New Zealand, UK and US markets. The New Zealand beer sector in numbers. The New Zealand beer industry is worth NZ$2.3 By 2019, New Zealand had 4.6 New Zealand’s beer industry has a profit margin of 6.2%.