Category Archives: Business

Logistics News After New President Takes Over

Panama Canal overtakes Suez on Asia-US East Coast route. This makes sense….. those new locks makes it easier on shippers.

Top US trucking lobby outlines wishes for Trump administration

City officials have dropped the idea of selling the New Orleans Public Belt Railroad, but are continuing to explore the possibility of a public-private partnership for the short line that handles switching for the port’s six Class I railroads.

RailAmerica for Sale, Report Says

Transport providers hold firm against attacks on NAFTA, trade pacts.

Democrats and Republicans alike are encouraged that a Trump Administration could inject freight infrastructure with a much-needed funding boost.

Steady growth in e-commerce activity is driving a surge in the parcel delivery business, and strengthening the role of EDI in processing and auditing freight payments.

The Trump administration’s plan for a broad-based regulatory rollback could shorten the duration of any future truck capacity shortfall.

Shippers, trucking companies, container lines and others are starting to get a better idea of what Trump can and can’t deliver. Ignore the armchair analysis of Trump’s campaign rhetoric.

Comparing the Big Dig’s costs to mega projects around the world

Tunnels, highways, and rail lines cost billions no matter where you build them.

Facts and figures are based on an article in the BOSTON GLOBE.

The price tag for Boston’s Big Dig ballooned from $2.6 billion to nearly $15 billion. And it was eight years behind schedule by the time it was done. How does that compare with some other mega construction projects around the world?

Gotthard Base Tunnel, Switzerland

Alaskan Way Viaduct, Seattle

  • Cost: $3.1 billion. Earthquake-damaged highway to be replaced by a tunnel. Under construction.

D.C. Metro Silver Line extension

  • Cost: $7 billion. New 23-mile rail line to Dulles International Airport. Under construction.

London’s Crossrail

Second Avenue subway, New York City

The Chunnel, English Channel

  • Cost: $21 billion. A 31-mile rail tunnel connecting England and France. Completed in 1994.

 

Enhanced Retail Solutions Announces Wholesale Inventory Integration in its POS Software Platform

What was a feature in its Demand Planning Software has been added to its Retail Sales Analysis software based upon client requests.

 

Enhanced Retail Solutions (ERS), a leading provider of Software-as-a-Service (SaaS) retail analytic and demand planning solutions to suppliers, their retail trading partners and licensors announces the additional of Wholesale Inventory to its Retail Synthesis point of sale analysis software.

Originally developed for its Demand Planning Software, a supplier’s Wholesale Inventory information can be automatically added to the ERS Software Platform. This information combined with projected sales at retail helps manufacturers determine what inventory buys to make and went to make them.

Once ERS clients learned of this capability, they wanted the inventory added to the Retail Sales Analysis software. While ERP systems offer such information, they typically are not very flexible in how it is reported. ERS’ Intelligent Retail Platform allows for total customized reporting. For instance, now clients may list their Wholesale Inventory position in a column in their retail sales reports, making it easy for salespeople to see if they were in stock before they contact their retail partner to offer to ship fill in inventory. As all values pass to reporting – from POS to forecasts – retailers and suppliers have past, present and future views in one report.

“We did not anticipate the need for wholesale inventory in sales reporting” says David Matsil, President of Business Development at Enhanced Retail Solutions. “Yet once the need was described, we understood the benefit immediately and were happy to open up that functionality”.

Contact Enhanced Retail Solutions
+1 (212) 938-1991 Ext: 103

 

75 Incorrectly Used Words That Can Make You Look Dumb

How many of these do you get wrong?

Using the right word can matter. Using the wrong word can matter even more. I once lost a potential writing gig because I used “who” instead of “whom” in a proposal letter.

(And I still have trouble getting “who” and “whom” right.)

Even just one incorrectly used word–especially when you’re trying to make a great impression–can ruin everything. Is that unfair? Yes… but it does happen.

To make sure that doesn’t happen to you, I’ve collected some of the most common incorrectly used words from other posts into one epic post. (Thanks to all the readers along the way who offered their own examples, many of which are included here.)

Here we go.

Connected Data Transporter trumps public cloud for users

Seeking a file-sharing and collaboration tool that offers efficient, remote access to storage, switch to the Connected Data Transporter.

One company adopted Dropbox to support more than 40 staff and volunteers that needed access to documents, photos and videos of church services.

“The hope was we could replace our internal storage with Dropbox,”  “We created a folder and people started to upload data, and it would sync to everyone’s hard drive. There was no way to turn it off and it filled up the hard drives on people’s small laptops.”

users had the option to access files via Dropbox’s Web interface.

“The navigation was clunky, so people stopped using it,” he said. “That was the issue.”

A revolution in interaction

Below is a reprint of a “McKinsey Quarterly” article from 1967.

A new study of interactions reveals how pervasive they are. As they increase in number, answers to fundamental questions about intergration, scale, and scope will change. But what will happen when workers can carry out their jobs in half the time?

February 1997 | byPatrick Butler, Ted W. Hall, Alistair M. Hanna, Lenny Mendonca, Byron Auguste, James Manyika, and Anupam Sahay

The modern world economy is in the early stages of a profound change in the shape of business activity. Two centuries ago, dramatic shifts in the economics of transformation—of production and transportation—precipitated the Industrial Revolution. An upheaval of equal proportions is about to be triggered by unprecedented changes in the economics of interaction.

Interactions—the searching, coordinating, and monitoring that people and firms do when they exchange goods, services, or ideas—pervade all economies, particularly those of modern developed nations. They account for over a third of economic activity in the United States, for example. More than that, interactions exert a potent but little understood influence on how industries are structured, how firms are organized, and how customers behave. Any major change in their level or nature would trigger a new dynamic in economic activity.

Just such a change is now beginning to occur. A convergence of technologies is set to increase our capacity to interact by a factor of between two and five in the near future. This enhanced interactive capacity will create new ways to configure businesses, organize companies, and serve customers, and have profound effects on the structure, strategy, and competitive dynamics of industries.

Yet business leaders will find it difficult to anticipate the opportunities and threats this change will present because our assumptions and thinking about strategy and organization are based much more on the economics of transformation than on the economics of interaction. To recognize, understand, and act on the hidden power of interactions, we will need to adopt new mindsets, new measurements, and new vocabularies.

Read more of this article

5 Supply Chain Questions Answered By Network Design

The supply chain of an organization is an overarching structure that encompasses the suppliers, plants, warehouses, and flows of products from their origin to a customer’s location. While the network in itself is complex, the degree of complexity only increases when various business functions of a company have different expectations of the same network. Executive A’s main objective would be to reduce transportation costs but Executive B might want to increase customer service level, which might increase transportation costs! 

Network Design is a method that can be used to find solutions for such conundrums. A Network Design study can help improve the long term performance of the supply chain of an organization, while answering numerous questions for people from different facets of the business.

Network Desing involves modeling the entire supply chain in order to analyze the network, identify trade-offs and calculate total landed costs. It gives the firm the ability to visualize the network and pinpoint significant bottlenecks.

One of the most important tradeoffs that executives want to understand is Cost versus Service Level. In addition to having a Cost versus Service Level trade-off, network design models offer a selective turning of the levers and we can do the tradeoff curves tier by tier and see which affects the network more.

Suppose a product which is currently made in a manufacturing facility A has a prospect of being produced in an external supplier facility, then the best way to calculate the benefits of procuring it from an external supplier is through modeling.

Based on current demand, plant capacity, product flows and customer distribution, a network design model can answer whether you need to set up any new DCs/Plants/Suppliers.

Network models can also be used to understand the effect of demand growth on the network. Can the existing network handle the growth? Do we need to expand existing facilities or build a new DC in another location?

Find out more