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Facts & Figures

Oct 27, 2004

The SCOR Model for Supply Chain Strategic Decisions

The supply chain operations reference model (SCOR) is a management tool used to address, improve, and communicate supply chain management decisions within a company and with suppliers and customers of… 

Oct 14, 2004

What is Evaluated Receipt Settlement?

Evaluated Receipt Settlement (ERS) is a procedure for the automatic settlement of goods receipts. It was pioneered by General Motors (GM) to save the company time and money (1). Major… 

Sep 1, 2004

Trends and Services Offered in the 3PL Industry

The third party logistics (3PL) provider industry is expanding as global companies are realizing the cost savings of outsourcing their logistics services (1). The 3PL market grew by 6.9 percent… 

Aug 18, 2004

Growing Emphasis on Product Lifecycle Management

To improve the communication between suppliers, customers, vendors, and distributors, companies are beginning to invest in product lifecycle management (PLM) software. Product lifecycle management is “an integrated, information-driven approach to… 

Jul 13, 2004

Effects of Weather on the Supply Chain

Weather plays a big role in what consumers buy at the store or what customers buy from their suppliers. Producers must pay attention to this information because having the wrong… 

Jun 30, 2004

The Antonov: Fast Shipping for Large Items

While not a household name, Russian-built Antonov aircrafts have played an important role in transportation and logistics. The Antonov 124 was initially built to move Russian military cargo, but its… 

Jun 2, 2004

The Increasing Necessity for Reverse Logistics

Due to environmental regulations and consumer pressures to increase customer service, companies are focusing on reverse logistics. Reverse logistics can lead to improved relationships with supply chain partners, improved profits… 

May 5, 2004

Cost Reduction Measures

According to a study by the Center for Applied Purchasing Studies (CAPS) Research, the primary goal of most purchasing executives is to reduce total costs (1). Supply managers in general… 

Mar 24, 2004

Unification of Bar-Code Standards

Within bar-coding, there have historically been two distinct standards, North America’s Uniform Product Codes (UPCs) and the rest of the world’s European Article Numbering (EAN) codes. The “Sunrise 2005” initiative,… 

Feb 18, 2004

U.S. and China Trade Relations

China’s entrance into the World Trade Organization (WTO) in 2001 was met with protests and resistance from some groups, particularly human rights organizations. Many businesses saw expansion into China as…