Third-party logistics providers now hold 33 of the 100 largest warehouse leases in the US, according to CBRE, marking the first time this sector has dominated warehouses that are 417,000 to 2 million square feet. E-commerce companies hold 23 leases for warehouses in this class.
In an effort to move beyond just being known as an ocean freight carrier service, Moller-Maersk says it will link its Damco supply chain services and liner shipping service into one product. It will also rebrand its three regional carriers, Sealand, MCC Transport and Seago Line, as SeaLand -- A Maersk Company.
Business-to-business e-commerce buyers need to be able to easily and accurately search local inventories, says Stephen Annese, who was tasked with overhauling Crescent Electric Supply's e-commerce platform. "We're constantly beta-testing, listening to our customers, and trying to eliminate any pain points that might surface when they're on our site, doing searches," he says.
United Natural Foods posted a 10.7% year-over-year increase in sales to $2.59 billion in the company's fiscal fourth quarter. Sales to Whole Foods were up more than 20% from a year earlier.
Nearly 9 in 10 chief financial officers surveyed by Deloitte said the North American economic state was positive this quarter, but that's down five percentage points from the previous quarter. The Duke University/CFO Global Business Outlook and a survey by AICPA reported similar declines among CFOs and finance executives when it came to economic optimism.
Automation is the link that allows for optimal communication between warehouse management systems and warehouse control systems, writes Sean Elliott, HighJump's chief technology officer. Elliott recommends the use of an "automation-aware WMS" that can improve order processing and optimize routes in real time.
Paul Svensson is the head chef at two Swedish restaurants and is creating high-class cuisine that produces zero food waste. Examples include cooking composted onion with fresh onions and crushing blue mussel shells to remake into plates.
Remanufacturing is good for the US economy and its trade deficit with China, argues Clyde Eirikur Hull. Examples of remanufacturing include General Motors, which participates in an online platform for selling and buying recycled waste.
The Egyptian government has enacted a consumer-protection law that will become effective in three months. This law gives consumers the right to uncontested returns of products within two weeks and 30 days to exchange faulty products for a full refund, among other provisions.
Industry 4.0 upgrades can help factories stay competitive as the market fluctuates and consumer demands change, writes Andrew Minturn, strategic product manager at Bosch Rexroth. Minturn argues that Industry 4.0 sensors and other devices can be applied to every aspect of factory operations, including legacy assets, and can deliver huge financial and efficiency gains.
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