For the last couple years, “big data” has been one of those next best thing buzz words of business. Its basic premise is now that we have oodles of data, lets figure out how to use to make the organization … Read More
Today, I took a tour of the the Mi-Jack facilities in Homewood, IL where they make the gantry cranes which load and unload containers on to intermodal rail cars. To be competitive the company needs to make a gantry crane … Read More
After listening to Daren Whisman, Director of Financial Operations of Memorial Hermann, a health care organization in Texas, being interviewed on Supply Chain Brain at http://bit.ly/15u3kDL, it caused me to think about the supply chain and logistics affects of the … Read More
Many smaller businesses have products they wish to sell to large retailers. There is a summary of Youtude video put out by Walmart in this article in Supply Chain Digest: http://www.scdigest.com/ontarget/13-08-21-3.php?cid=7335. (The Youtube reference: Walmart channel 8thandwalton: Walmart Senior Buyers … Read More
Freight payment, the mere words create emotions of anguish, boredom and resignation. (Note the words “freight claims” has the same emotions, that is another post.) Yes, you know it needs to be done. You rather be spending your time solving … Read More
Many of have heard about A-B-C inventory planning where your A inventory turns over rapidly and your C inventory turns over slowly while your B inventory is somewhere in between. It is advantageous to think of your transportation spend the … Read More
One of the hardest thing to understand or know is costs of a vendor you might use to price your business. So when I read Joe Heligs article in page 10 of Parcel Magazine (http://bit.ly/12m2Eom) I knew I was reading … Read More
Thomas Alva Edison, one of the few people who we remember his or her middle name, once said genius is 1% inspiration, 99% perspiration. In logistics we are all about the perspiration part. Isn’t most of business the perspiration part, … Read More
I recently heard a presentation at a joint Chicagoland Chamber of Commerce- Chicago Roundtable CSCMP by Andrea Farris, Vice President of Inventory and In Stock at Walgreens and Dan Smolensky, Principle at the Modal Group. The Modal Group is a … Read More
I recently finished H. Edwards Deming last book, The New Economics. I thought of particular interest to Logistics / Supply Chain Managers was the discuss of common versus special variance. Two particularly interesting examples of each. Common variance: A salesman … Read More