Inside World Trade

The editor in chief's monthly column highlighting the current issue's content.

ARTICLES

Preemptive Action

Supply chain professionals understand risk and strive to mitigate or eliminate as much risk from their supply chain as is possible
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An Issue for Every Supply Chain

When James Welch, CEO of YRC Worldwide spoke to shippers, carriers and 3PLs at the SMC3 Connections event, he covered a lot of territory in a short time


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Using Our Competitive Nature in World Trade: Part 2

A senior manager of supply management responded to a comment in my May column “Competitive Nature.” He raised some points that actually amplify the discussion and are worth adding to the discourse.


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Consequences of Success

True learning, it is said, means not repeating your mistakes. That doesn’t mean not making new ones.


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Using Our Competitive Nature in World Trade

The driver of a Toyota Prius at the fuel pump across from me looked at my smart car and asked about my fuel consumption. I quoted the city and highway miles per gallon. The Prius owner responded, “I still win.”


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Going for Gold- the free flow of people, goods, and capital make strong competitors and strong partners

 If Olympic athletes can compete and still maintain a spirit of camaraderie their governments back home can learn the free flow of people, goods, and capital make strong competitors and strong partners. 


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Spending Political Capital

With the Obama Administration still feeling the sting of a rocky start for its healthcare initiative, does it have the political capital in the U.S. Congress to keep the Trans-Pacific Partnership (TPP) moving?


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Finding Your Place

I’m fond of a long passage from Adam Smith, penned in the 1770s, that describes what we now refer to as supply chain management. His quote begins with the end product, a woolen coat, but quickly shifts to the manufacturing and sourcing of the components and then to the logistics of delivering those elements to the point where the garment was created.


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Nobel Prize for Logistics

Judging by the apparent surprise many of the Nobel Prize recipients express at being selected for the honor, they had no expectation of receiving that call from Stockholm. This year’s award for medicine may be as close as the logistics and supply chain communities come to such a prestigious acknowledgement.


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Visibility and Vulnerability

Poor or limited supply chain visibility is a risk that increases the vulnerability of any supply chain.
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Multimedia

Videos

Image Galleries

Five Wearable Manufacturing Technologies of the Future

Video applications, Employee Monitoring, Field service, Plant monitoring, Improving employee safety.

For more manufacturing insights, visit www.exactonline.com.

 

Podcasts

Assurance of Supply: A Top Concern for Manufacturers

Every manufacturer has an assurance of supply problem to some extent due to the complexity of global sourcing. For years, manufacturers were blessed with high margins but margins have grown paper thin. You can’t fill up your distribution centers with excess inventory – not only is there a cost factor but the pace of business and consumer buying trends causes goods to quickly turn obsolete. Assurance of supply provides the speed and agility that is essential to being able to compete in today’s market.

 

Speaker info: Diane Palmquist, VP Manufacturing Industry Solutions

                                         

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World Trade 100 Magazine

wt october 2014

2014 October

Check out the October 2014 edition of World Trade WT100, featuring our cover story: Logistics Drives Site Selection, plus much more!

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Transportation Capacity

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WT100 STORE

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World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

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