Tag Archive: logistics

What is Walmart Doing?

By
I sat on a panel of experts for Mobility 21’s annual conference titled “Speed to Delivery: Good’s Movement’s High-Tech Future“. It was a fascinating meeting and panel discussion due to the amazing amount of technology being discussed to address the future of transportation. One of the panelists was the Senior Director of Sustainability for Walmart. Walmart has come up in several circles lately. One of our clients supports Walmart’s stores, and so we learned quite a lot about their fulfillment processes, demand planning practices and, of course, their new OTIF (on-time-in-full) metrics. We also discussed Walmart service with a 3PL partner, and, of…
View Article




Which Business Best Practices Do Top Notch Trusted Advisors See?

By
In my ProVisors ODAM (Ontario-hosted Distributors and Manufacturers group – don’t you love the play on words?) meeting this month, we discussed business best practices we’ve seen with our manufacturing and distribution clients. It was a fascinating discussion as our group is diverse and consists of the most respected attorneys, CPAs, commercial insurance, business financial advisers, and consultants from around Southern California. Yet, we agreed rather quickly on core best practices. Thanks to Ron Penland for making the meetings engaging and trend-worthy. Here are some of the top themes surrounding best practices: Start by understanding financial statements and cost –…
View Article




Electric Car Investment Surges Among Big and Unexpected Names

By
Dyson just announced it will build a radically different electric car by 2020. What is particularly interesting is that Dyson is not who you would expect to get into electric cars. They are spending far more (one billion £) to develop the car than they are on the rest of their traditional business lines (vacuums and air filters). Obviously, they see vast potential. Similarly, Mercedes is aggressively targeting Tesla with a $1 billion electric push. Not only that, they are doing it in the U.S. – in Alabama to be specific. Electric car investments are stimulating a billion here and a billion there… What Should We…
View Article




Wisconsin Provides HUGE Tax Incentives to Lure Apple Manufacturer

By
The state of Wisconsin granted $3 billion in tax incentives to Foxconn to entice them to manufacture in the midwestern state. This is not only the highest government subsidy ever offered for a foreign company to locate to the U.S., but it also specifically entices production that goes into the Apple iPhone. It certainly proves that blanket statements about innovation in government are just as inaccurate as all others! Wisconsin shows that thinking outside the box can be achieved even in government. Clearly, it also shows that manufacturing is relevant in today’s environment. Have you thought about whether you are…
View Article




Hurricane Harvey & Supply Chain Impacts

By
Hurricane Harvey has been wreaking havoc on Texas and is now threatening parts of Louisiana. Flooding is tremendous and many people are still trapped in their houses. Refineries are shut down and basic necessities are being rationed. Unfortunately, this is the devastation caused by a hurricane and it reminds us about natural disasters and the global impact. The earthquake in Japan had an impact for several months. In Houston’s case, businesses in the city and surrounding areas are shut down or, at a minimum, affected without access to local suppliers, logistics networks etc. Gas prices are higher with the closure…
View Article




A Tour of Skechers and Jaw Dropping Savings (and Innovations)

By
A Tour of Skechers & Jaw Dropping Savings Recently, I went on a tour of Skechers with my ProVisors group.  We had heard so much about the building and related innovations from the developer, Iddo Benzeevi, previously that we were really excited to see it in action.  There are truly jaw dropping savings – $25 million a year reduction in operating costs – from the total picture.  Who can argue with that?  Certainly not the environmentally-conscious people as it is also the largest LEED Gold Certified building of its kind to be awarded with this distinction by the U.S. Green…
View Article




The Ladies of Logistics (LOL) & the Power of Networking

By
On Friday night, I went to the annual LOL (Ladies of Logistics) networking bash, thanks to Elizabeth Warren (we’re pictured below). She brought together many of Southern California’s most powerful women in logistics (and a few men too). It was a great opportunity to talk with industry people from the ports, procurement, rail, trucking, air, policy, distribution and the media. Talk about a powerful network! This event illustrated the power of networks. We could never achieve as much individually as we do by collaborating. And, we propel each other to success! Making s’mores doesn’t hurt either…. One tip to implement…
View Article




Walmart Raising the Supply Chain Metrics Bar

By
One of my clients forwarded this Business Insider article about Walmart’s supply chain metrics. Walmart is not only requiring an increase in OTIF (on-time-in-full) delivery performance but it also will charge penalties for suppliers that don’t live up to the metric! Creating an efficient supply chain is critical for Walmart, so they are taking this proactive stance. This is prevalent throughout our manufacturing and distribution clients – regardless of industry. For example, in aerospace, there are very similar supply chain metrics and penalties. If we want to grow our businesses, we must develop excellence throughout our supply chain. Just think, there…
View Article




A Systems Transformation

By
A systems transformation doesn’t necessarily relate to the computer system. Instead, a systems transformation relates to how the people, processes, systems, metrics, costs and more all come together to deliver profitable growth – or not! And, as one of my potential clients put it – dictates whether we are blind or able to see where we are going. Can you “see” where you are going? We have received an increasing number of these types of calls lately. Perhaps it is because it is harder than it sounds to achieve a systems transformation. If a ‘system’ isn’t in place to provide…
View Article




The Impact of Supply Chain Strategy

By
Can supply chain strategy have a profound impact on your bottom line? Without a doubt! Recently, we worked with a client that wanted to review their operations strategy and look for ways to optimize and improve. To begin, we evaluated many business options including, but not limited to:     Do nothing (stay in the same locations). Transfer distribution operations closer to the port. Move to a different location in the Inland Empire. Relocate to Nevada. Evaluate 3PL options. Expand and automate the current facility. In this client’s case, the customer, cost and cash flow impacts of making these changes…
View Article