Logistics

8 Steps to Supply Chain Visibility

12

Jun 2012


Global Sourcing, Logistics, Quality Control
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8 Steps to Supply Chain Visibility

When executed properly, supply chain visibility will come into play on a day-to-day basis. But how do logistics managers get there? Our technology correspondent shows you the way. When shippers, vendors, and customers can seamlessly pinpoint the location of any shipment at any point of a supply chain, all parties are sent into a nirvana-like state of visibility, knowing that they can keep tabs on everything from the raw materials to the final product. If your own organization hasn’t quite gott...

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10 Ways to Cut Supply Chain Costs

22

May 2012


Logistics, Quality Control, Supplier Assessment
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10 Ways to Cut Supply Chain Costs

If you want to reduce logistics costs, you have to take the time to review your processes. Nathan Pieri, senior vice president of marketing and product management for Rutherford, N.J.-based Management Dynamics, offers these tips for trimming your logistics budget.   1. Eliminate supply chain bottlenecks. By periodically reviewing and analyzing their supply chain networks, companies can pinpoint issues and proactively address them. Strategies to reduce or eliminate bottlenecks include...

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Which Distribution Fits Your Business?

16

May 2012


Logistics, Quality Control
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Which Distribution Fits Your Business?

Choosing the mode of distribution to develop your business is a big step going to determine the whole approach of the market. Many parameters play an main role in the final decision and you have to prioritize them regarding your objectives. Find here under pros and cons to every kinds of distribution to help you choosing the best one for you.   I.  Supplying Goods Directly to Retailers   Pros Mainland retailers are developing in the direction of large-scale networks wit...

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Becoming a Global Supply Chain Expert

03

May 2012


Global Sourcing, Logistics, Supplier Assessment
1 comment

Becoming a Global Supply Chain Expert

Depending on their positioning, companies can follow certain strategies to become a global supply chain integrator. For companies already globally sourcing or manufacturing for export out of China, the primary goal should be to gain additional scale benefits by capturing sales opportunities in the Chinese market itself. The key success factors in this case are differentiation, flexible business models, and third-party contract manufacturing.   A good example would be Wal-Mart, whose s...

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Increase Shippment Density Creatively

26

Mar 2012


Logistics, Supplier Assessment
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Increase Shippment Density Creatively

Fuel price increases, passed on by the ship owners through surcharges or increased operating costs, have laid waste to transport budgets, at the same time as media, consumers, shareholders and regulators apply pressure on organizations to measure and lower their carbon emissions. This combination has forced companies to look for steps to become more fuel-efficient.   There is already plenty of work going on to reduce emissions in the shipping industry, which annually emits more than a...

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Competitive China Drives US Exports

13

Mar 2012


Logistics, Opportunities
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Competitive China Drives US Exports

Key challenges persist - rising costs and competition for talent rank as top challenges while companies report little improvement in China’s regulatory environment.   “US companies are realizing gains after years of investment in China. That’s the good news. But China is a tough place to do business, it always has been, and this year’s China Business Climate Indices quantify that” said Kent Kedl, Managing Director, Greater China and North Asia, Control Risks.   Th...

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Tax Incentives to Logistics Industry

06

Mar 2012


Global Sourcing, Logistics
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Tax Incentives to Logistics Industry

According to the China Federation of Logistics and Purchasing, logistics costs accounted for 18 percent of the country’s GDP in 2010.   China’s logistics infrastructure has improved significantly during the implementation of the country’s eleventh Five-Year Plan (2006-2010).   On June 8, 2011, Premier Wen Jia Bao announced that “we must make a complete set of policies and measures, and promote the healthy development of the logistics industry.” The resulting logis...

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What Does 2012 Hold in Supply Chain?

08

Feb 2012


Global Sourcing, Logistics, Supplier Assessment
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What Does 2012 Hold in Supply Chain?

Procurement, in the year 2011, witnessed some of the major challenges, especially from a supply chain perspective. Procurement professionals around the globe were seen fighting supply disruptions emerging out of the adverse events that occurred in 2011 which not only resulted in production losses but also negatively impacted company bottom lines. Based on the impact of these threats, various studies are forecasting a loss of €280 billion for the year 2012.   Effectively managing sup...

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Direct Use of Yuan and Yen

11

Jan 2012


Global Sourcing, Logistics
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Direct Use of Yuan and Yen

Chinese Premier Wen Jiabao told visiting Japanese Prime Minster Yoshihiko Noda that China is willing to work with Japan in promoting the direct use of their respective currencies in bilateral trade.   China's central bank announced shortly after the Wen-Noda talks to encourage the direct use of Chinese currency RMB, or the yuan, and Japanese yen in cross-border transactions between China and Japan.   The agreement is expected to give the Chinese yuan a more powerful role in...

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Tariff Implementation 2012 in China

11

Jan 2012


Logistics, Safety and Compliance
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Tariff Implementation 2012 in China

China’s Ministry of Finance recently published the “Tariff Implementation Plan 2012 (shuiweihui [2011] No.27),” where it clarified both import and export tariffs on specific products for next year.   Over 700 types of products will be able to enjoy temporary tariff rates, most of which are lower than the most-favored-nation (MFN) tariff rates.   According to the new Plan,   -  The MFN import tariff rates will remain unchanged   -  52 types of ...

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