June, 2013

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What Can Logisticians Learn from Emergency Room Doctors - The idea of "Thin Slicing"

10xLogistics

I have read a lot about " control towers " and " big data " lately as I am sure many of you have. This has led me to ask myself, "What will I do with all that data"? More so, I also ask myself, "does more data really result in better decisions or does it get in the way - create so much "noise" that I cannot even see what is really going on"? In previous times we would ask ourselves if we could see the forest through the trees?

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The Fashion Logistics of Unanticipated Outrage

Apparel Logistics

What happens when a careful, well-researched decision ends up provoking an unexpected amount of outrage from your target customer base? How do you deal with unpredictable outrage?

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Business Process Optimization in Asset Management - Infosys Blogs

Infosys Supply Chain Management

'About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense. Airlines. Automotive. Communication Services. Consumer Packaged Goods. Education. Energy. Financial Services. Healthcare. High-Tech. Hospitality and Leisure. Industrial Manufacturing. Insurance. Logistics and Distribution. Media and Entertainment.

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Will Monday Morning, July 1, be Y2K All Over Again?

10xLogistics

The fear mongering that has gone on about the hours of service (HOS) changes taking effect on Monday remind me a lot of the Y2K fear. For those who were around then remember the TV networks showing every major city in the world as Y2K hit? The idea was to see if the lights all turned out, the computers shut down and some sort of Mad Max - Beyond The Thunderdome scenario would start?

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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More on Crude By Rail

10xLogistics

As I said on my last post I would come back to this topic as it truly has become the most interesting transportation topic to come up in a while. Not only are there articles being written about this but tonight on Mad Money Cramer talked about it. He thought the Union Pacific was to become the big benefactor of this operation. Really interesting and starts putting meat on the bone for those who are shipping retail products.

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Awakening the Sleeping Giant - Crude by Rail

10xLogistics

I am short on time as I am heading to the Alternative Fuels Conference ( ACT 2013 ). I wanted to give the light of day to this article on the growth of Crude by Rail (which I mentioned as a trend back here ). This has huge impact on the movement of crude and will likely impact the movement of retail goods. Think about things such as priority of movement on track, where capital spending will go and the locomotive resources.

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Why Benchmarking In Its Current State for Transportation is Dangerous

10xLogistics

I hear a lot about benchmarking in my travels and it makes me think about this idea, why it is used and what it really is. What also fascinates me about the subject is the real forward looking business leaders never really care what their competition is doing. The reason is they are so far ahead of the competition it just does not matter. Could you imagine Steve Jobs worrying, wondering or working on what Sony was doing?

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Applying My One Big Thing in 3PL Management to The "Capacity Crisis"

10xLogistics

Yesterday I blogged about the " One Big thing " for managing your 3PLs. This was essentially ensuring the incentives and goals of the 3PL perfectly align with you as the shipper. I talked about how no one can really serve two masters and each will always act in their own best interest. It is for this reason those interests have to be perfectly aligned.

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The Business of Supplying The Transportation Business - Tires and Trucks

10xLogistics

The Wall Street Journal reported on two major industry suppliers today - Navistar and Michelin. For Navistar, the story continues to be bleak. Due a major, almost existential mistake with how they dealt with emissions control. (went against DEF initially) they have been struggling since 2010. In fact, they essentially pay fines for the trucks they sell because until recently, when they teamed up with Cummins, their trucks violated EPA standards.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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When Selecting a 3PL Ensure Your Goals and Incentives are Aligned

10xLogistics

As I travel and speak to industry leaders I am always asked about strategies for shippers to manage their 3PL relationships. There are many theories from transactional "beat them down" relationships (which I do not advocate) to the " Vested Outsourcing " espoused by Kate Vitasek (Which I believe is a great framework for how to manage any third party relationship).

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Macroeconomic Monday® - A tale of Two Economies

10xLogistics

There are two economies developing and it is very important you do not confuse the two. The first economy is the financial economy. This is Wall Street, investing, arbitrage and commodities. When bundled together this economy is on a tear. It is booming and if your business is just to make money with money the Fed has become your friend and your company is most likely doing very well.

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More Signs of a Financial Economy; Not a Production Economy

10xLogistics

On June 3 the Institute for Supply Management issued their May ISM index and it came in at 49. Unfortunately, this means the manufacturing component of our economy actually contracted in May (despite all the talk of a manufacturing renaissance). This is the lowest since November of 2012 and the lowest level since June of 2009. Both the price index and employment index showed decreases as well.

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Amazon Fresh - Amazon Groceries to a Door Near You

10xLogistics

A fascinating discovery occurred the other day on my way to Chicago from Michigan. As I was driving down I-94 I saw a delivery truck coming the other direction. It looked a lot like the size / model of a UPS truck except it was somewhat lime green. On the side of the delivery truck was a logo that said " Amazon Fresh ". It had the distinctive Amazon "arrow" logo and I thought to myself - OK, here it comes.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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CASS Freight Index for May - Volumes and Expenditures Roughly Steady

10xLogistics

The May Cass Freight Index is out and it is clear that rates are staying flat and volumes are a bit behind where they were last year. Despite never missing an opportunity to say "Hours of Service (HOS) in July will cause rates to go up" the industry is starting to see the interesting phenomenon that the economy can have positive GDP rates yet freight volumes do not increase enough to put pressure on rates.

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Crude By Rail is The New Hot Thing

10xLogistics

Many have always said crude by rail was just a "stop gap" until new pipelines are built out to support the new finds of oil all over North America. However, as this article in the WSJ points out (subscription required) Kinder Morgan is canceling a $2Bl pipeline project because West Coast refiners want the crude delivered by rail. Pipelines lock contracts for a long time where rail is far more "variable".

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How an Unopened Museum in Abu Dhabi is Influencing Fashion This Year

Apparel Logistics

As we discussed a few weeks ago, the reporters at the fantastic Planet Money podcast have been walking their listeners through the myriad ins and outs of the fashion and apparel logistics industries in an innovative way — by designing and manufacturing their own t-shirt from scratch. The process quickly proved to be vastly more complicated and full of valuable insights than they had expected.

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Supply Chain Management:Global Template Solution - Approach

Infosys Supply Chain Management

'About Us. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense. Airlines. Automotive. Communication Services. Consumer Packaged Goods. Education. Energy. Financial Services. Healthcare. High-Tech. Hospitality and Leisure. Industrial Manufacturing. Insurance. Logistics and Distribution. Media and Entertainment.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,