As part of the recent Annual Awards for Excellence organised by the Chartered Institute of Logistics and Transport (CILT), BT Supply Chain Partners won the Materials Management Award, sponsored by FKI Logistex®, the leading global material handling solutions integrator. Open to application from public and private organisations from any sector, this prestigious UK award acknowledges individuals and companies demonstrating outstanding achievement in the techniques and technology of materials storage and handling in the supply chain. This sponsorship reflects an ongoing commitment from FKI Logistex to help raise the standards of excellence and best practice in the logistics industry.
November 27, 2007
A proactive approach to total inventory management enables business leaders to achieve operational excellence and overcome industry challenges such as the lengthening global supply chain, fluctuating consumer demand and shortening product lifecycles. i2 Technologies, Inc. (NASDAQ:ITWO) has developed an innovative approach based on its experience in working with supply chain leaders to optimize inventory operations. Total inventory management is based on a current view of on-hand, in transit and on-order inventory, provides visibility to future inventory needs, and empowers companies with the ability to determine what inventories to carry, where they should be located, in what form (finished or unfinished), how much inventory to keep on hand, what replenishments to trigger, what shipments to expedite and when. With these types of inventory management practices and capabilities, companies can proactively make better decisions in response to unplanned demand or supply changes.
November 26, 2007
Advantix-IMAP is a complete inventory technology system to identify and improve departmental level profit building
A new organization has been formed to help hospitals meet financial obligations through better supply management. Advantix-IMAP was formed in 2007 as a Hospital Supply Management firm specializing in Physical Inventory, Supply Expense Analysis, Supply Consulting, Reorganization and Process Flow. Availability and rapid response make this service unique.
Given the global needs of most companies, 4PLs is more attractive from an organizational perspective.
By Adrienne Selko3
Nov. 26, 2007
Editor’s Note: I spent a few minutes with Rick Jordon, director of ICG Commerce’s Global Logistics Solutions Group, talking about trends in logistics.
Q: I’m seeing 4PL mentioned more lately and wonder if it’s the future in logistics.
A: Let me start by differentiating 3PL from 4PL. Third party logistics is the management of logistic services beyond transportation. This might include storage, shipment and value added services as well as the use of subcontractors. Fourth Party Logistics (4PL) is the integration of all companies involved along the supply chain. 4PL is the planning, steering and controlling of all logistic procedures, i.e. the flow of information, material and capital by one service provider with long-term strategic objectives.
Transport strategist Chistopher Stapleton has been named the transport and logistics achiever of the year at the Australian Supply Chain and Logistics Awards.
The head of Stapleton Transportation and Planning was recognised for years of planning work, including his recent Sydney Integrated Strategy Plan which mapped out infrastructure and land needs for the next 25 years.
Stapleton was among a number of logistics achievers recognised at the gala ceremony in Melbourne last Thursday, hosted by the Supply Chain and Logistics Association of Australia (SCLAA) and the Chartered Institute of Logistics and Transport Australia (CILTA).
November 24, 2007
With global retail giants like Wal-Mart getting ready to increase its sourcing from India four to five times from the present $600 million over the next few years.
Automobile biggies too, like Renault and Volvo are set to hike their sourcing budgets from India, and there is a huge opportunity opening up for the Indian supply chain industry, Constantin Blome, Conference Secretary, India Sourcing Summit 2008 said.
By Bill Roberts, on TFI Blog
On this day, one thing we’re grateful for is experts who study a topic and reach similar conclusions, especially concerning the future of electronics supply chains. There’s something reassuring in this. Either great minds think alike or we’re all eating from the same bowl of stuffing. You be the judge.
Exhibit one: At a recent supply chain
conference in Silicon Valley, Prof. Haul Lee, a supply chain expert at Stanford University, suggested the 21st century supply chain must be agile, adaptable and aligned among partners. Based on his research, he’s been espousing this theme for years, most prominently in a Harvard Business Review article of October 2004 entitled, “The Triple-A Supply Chain.”
Agility was the winner of the Best Airfreight Forwarder Award at the inaugural Supply Chain Asia Awards at aglittering ceremony in Hong Kong.
Olaf Tauschke, Agility’s Senior Vice President, Asia Pacific, collected the prestigious award in front of more than 300 senior industry professionals gathered at the Bauhinia Room at the Hong Kong Conference and
SEEBURGER Inc. announced recently that it has earned Best Supply Chain IT Solution honors from the China Supply Chain Council for deployment of a complex Electronic Data Interchange (EDI) system at BeijingBenz-DaimlerChrysler Automotive Ltd. (BBDC), the first car factory in China to implement full Just-in-Sequence operations.
The SEEBURGER system has already automated communications with more than 150 of BBDC’s parts suppliers, marking a major accomplishment in a country where EDI is used only on a very limited basis. The system utilizes traditional and online portal-based SEEBURGER solutions, and it integrates third-party logistics provider (3PL) messaging as well as AIAG B10 compliant barcoding for suppliers, making it China’s first fully integrated automotive supply chain management infrastructure.
November 23, 2007
US meat manufacturer Link Snacks has implemented an automated information software system as part of a drive to streamline and simplify logistics operations.
Food companies are increasingly turning to automated processes throughout their operations, as a way to save both time and money.