Some ports and ocean carriers expect significant new business to come their way following the Panama Canal expansion. But do the "shipper math," says the author, and it's clear that U.S. distribution patterns are unlikely to change much.
In this excerpt from the book Operations Rules: Delivering Customer Value through Flexible Operations, author David Simchi-Levi explains why unstable fuel prices should lead companies to rethink the way they manage inventory, production, customer service, and supply chain integration.
Even though today's supply chain talent may be better educated than previous generations, they still need to gain experience in the depth and breadth of logistics and supply chain management in order to become high-impact leaders.
Disney's supply chain executives coined the term "imagineering" to describe the convergence of precise engineering and execution with the imagination and "magic" that makes the company one of the world's cultural icons.
Warehousing is no longer simply about storing product, says industry guru Kenneth Ackerman. Instead, today's warehouses must focus on supporting the corporate mission and creating value for customers and shareholders.