The new world order requires collaboration between trading partners to enable mutually profitable growth by transforming the multi-channel supply chain to enhance consumer experience. Listen in on this session to hear ideas on how future state supply and commercial leadership deliver consumer-centered, end-to-end value chain. You will learn from Pam Erb, vice president, supply chain, Wegmans Food Markets; Rob Ferguson, senior vice president supply chain, The J.M. Smucker Company; Joseph Hunt, managing partner, Hunt Executive Search; and Joe Hurley, senior vice president, supply chain, Giant Eagle. Listen here.
At the end of any well-executed grocery supply chain is a satisfied consumer. However, as we witness an era of unprecedented change in food retail, supply chains must become more agile to keep today's consumer satisfied. Explore ways in which the supply chain is evolving.
Each time a product is touched in the supply chain -- in production, on the shelf or in between -- costs and availability are impacted. One of the most significant drivers that can cause an increase in product handling is simply the way a product is ordered. Retailers stand to gain from optimizing product flow through the supply chain. Ordering the right quantities of product can impact operational costs like labor, workplace injuries, product damage, storage and floor space.
Presented by FMI and CHEP, join us as we discuss:
- Specific operational and environmental savings that can be achieved throughout the supply chain while ensuring days-on-hand targets are met.
- Order patterns that impact labor inefficiencies, causing product to be "case picked."
- The importance of a stable unit load.
This free webinar will be held today at 2 p.m. Eastern. Register now.
Amazon is working to cut down packaging waste through its Frustration-Free Packaging program, an opportunity that provides brands with an incentive if they meet certification goals by August 2019. Hasbro, an early adopter of FFP, has seen at least 50% savings in its material usage and shipping volume costs.
UPS is working to switch focus to high-value markets such as health care and life science logistics as well as branch out in international markets to boost profits. The company is also adjusting its strategy to include so-called super hubs to allow the organization to better meet e-commerce growth.
Letting go of certain everyday tasks is part of becoming a leader who can focus on bigger-picture priorities, writes Joel Garfinkle. "It's a lot easier to think about bigger goals and a long-term plan when you have other people to discuss with and to challenge your thinking," he writes.
The promise of a preferred shipper is a service that keeps load times low, communicates well and treats employees well so drivers remain, writes Todd Johnson of Kenco. "The notion of treating truckers like humans seems obvious, but it's not always a common practice," he writes.
Sixty percent of business-to-business buyers look at two or three e-commerce sites before purchasing a product online, according to a B2BecNews survey. Pricing, a positive user experience and product availability are important for buyers.
Distributed control systems and programmable logic controller systems require routine maintenance and updates, writes Bill Pollock, president and CEO of Optimation Technology. Such investments may prove costly in the short term, but equipment will last longer and deliver greater cost savings over time, he argues.