Yesterday was February 29th, meaning that 2024 is a Leap Year and yesterday was Leap Day. Leap years exist because while the world follows a 365-day Gregorian calendar, it actually takes Earth 365 days, 5 hours, 48 minutes and 46 seconds to orbit the sun, according to NASA. While that is rounded down to the […]
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UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. As reported by The Wall […]
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Cooper University Health Care, like most companies, struggled with their supply chain during COVID. Cooper successfully coped with the crisis, but the high costs they had to pay for critical supplies and the late nights searching for those supplies convinced the organization that there had to be a better way. The company bought a risk […]
The post The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts appeared first on Logistics Viewpoints.
This Monday was President’s Day. President Biden’s Oval Office has both a portrait and a bust of Abraham Lincoln. But his family’s connection to the 16th president extends back to the Civil War. On March 21, 1864, an ancestor of Biden got in a knife fight with another man in a Union military encampment. Biden’s […]
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A few weeks ago, I sat down to speak with Mike Noble, SVP of Technology and Jonathan Mitchell, Director of Software Services at Open Sky Group. In this conversation, we discussed seeing your supply chain through a new lens, and how this can help to achieve improved visibility. Specifically, I asked Mile and Jonathan to […]
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Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps. […]
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For 20 years, Boeing has engaged in collaborative product development with a significant number of suppliers. The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. These suppliers, in turn, outsourced various parts of the modules they produced to their suppliers. Historically, Boeing was vertically integrated – the great majority of product […]
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Wednesday, February 14 was Valentine’s Day. And according to the National Retail Federation, the holiday returned to its romantic traditions, with total spending on significant others for the holiday expected to reach a record $14.2 billion (the actual numbers won’t be available for a few weeks). Over half of consumers (53 percent) plan to celebrate […]
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It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Typically, we make it at least one month into the new year before we have to revise our plans. However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling […]
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5G promises high bandwidth, low latency, and massive IoT device connectivity. For industry, the ability to better connect machines, objects, and devices is what is driving excitement for this technology. Patrick Arnold, a research analyst at ARC Advisory Group, says that suppliers of industrial solutions are responding by investing in new product design and incorporating […]
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With two young daughters who undeniably identify as Swifties, the football playoffs have become a big deal in our house. While they both generally enjoy watching football, things get a lot more interesting when the Chiefs are playing. My youngest daughter just yells for them to throw the ball to Travis Kelce on every play […]
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In today’s fast-paced and competitive business landscape, optimizing warehouse operations is crucial for achieving operational efficiency. Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics […]
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Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. Now, more than ever, companies and countries are looking at their overall carbon footprint and trying to establish a path to be more environmentally friendly. A few ways companies can begin to offset their […]
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Walmart is reducing its requirements that suppliers’ shipments to them arrive on-time in-full. Since September of 2020, 98% has been Walmart’s OTIF requirement. Beginning on February 1st, the new OTIF targets became 90% for on-time and 95% for in-full. This was announced on the Retail Link portal for suppliers on January 30th. Walmart’s On-Time In-Full […]
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Today is Groundhog Day, a day that lets us know if we will endure six more weeks of winter or enjoy an early spring. In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. During the “ceremony,” which begins well […]
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As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Structure Your Data for Seamless Reporting Most reporting statutes already require or will require […]
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Greenfield construction occurs when a company builds its own, brand-new facilities from the ground up. Brownfield investment happens when companies invest to improve the performance of existing facilities. Greenfield investments are much bigger capital expenditures. This form of investment allows the latest technology to be employed and for a facility to be built that […]
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I have often written about legal issues and battles in California, as the state has been in the news for its warehouse and trucking emission rules, independent contractor rules for gig workers, and union disagreements at ports. Well, this week, I saw a new story about a bill in California that is turning heads. If […]
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