Importance of Global Cities. Does a global city automatically qualify as a Logistics Hub (and visa versa)? Due to their increasing influence on world trade, global cities must be on the list of topics that interest Logisticians. Saskia Sasson, a theorist on global cities, calls them “strategic sites than run the world – banks and markets that finance the global … Read More
Information needed when evaluating a Distribution Centre
Factors in a location decision. The criteria for selecting the site for a DC or warehouse have been established for many years. However, the changing structure of larger cities could provide an additional influence on the decisions to be made. It is therefore important to conduct appropriate research and analysis to avoid a less than desirable site and subsequent costly surprises. … Read More
Reverse Logistics can be profitable for your enterprise
Reverse Logistics activities. Reverse Logistics consists of the activities to bring items back from their current location, through the same or a different supply chain. It is therefore a cost; but, is that a negative for your enterprise, or a benefit which could produce a positive return? Do not view Reverse Logistics in a negative light; instead, consider all aspects that … Read More
Inventory policy and the factors used in its design
Inventory management challenges. An effective inventory policy is a good theoretical objective, but at a practical level, it becomes difficult to achieve. This is due to senior management’s views concerning the role of inventory and the knowledge and skills of supply chain and logistics professionals to structure a decision making process for an inventory policy. An example of the challenges … Read More
The long tail of Inventory requires a good structure
Long tail of inventory. Currently, media articles are discussing the potential changes to business and the wider community from the implementation of new technologies. But fewer discuss the potential changes from implementing different business models caused by changes in markets. A recent comment noted that order sizes on Asian fabric mills have decreased by between 20 and 30 percent over … Read More