WERCWatch
June. 17, 2010

Limited-time offer for WERCWatch readers

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Check out upcoming WERCouncil events: Indianapolis, North Texas and Southern California.More

Inventory management
Business Mirror
How well you manage your inventory can mean the difference between life and death to a company. Not having enough raw materials means not being able to manufacture what your customers are ordering, but keeping too much finished goods inventory when your customers don't need it results in a host of so many other problems. Keeping any kind of inventory, raw materials, work in process and finished goods has an associated cost with it. First is, of course, your cost of funds, which means that if you had borrowed money from the bank to fund your inventories, you are being charged an interest on your debt.More

Assessing the people, position, activities, processes of your supply management organization
SupplyChainBrain
At leading companies, yesterday's procurement department has evolved during the past two decades into a high-impact supply management organization. Along with carrying out their own greatly expanded responsibilities, today's supply management professionals contribute across the enterprise to functions ranging from business strategy to new product development. How can a chief procurement officer know where his or her organization fits against the best?More

Report: Logistics expenditures hit record lows in '09, led by sharp fall in transport spending
DC Velocity
One word could best sum up the state of the U.S. logistics industry last year: ugly. The cost of operating the nation's business logistics system declined in 2009 to $1.1 trillion, an 18.2 percent drop from 2008 levels and the steepest year-on-year fall since record keeping began in 1981, according to the annual State of Logistics Report released June 9 in Washington, D.C. In all, business logistics costs last year declined by $244 billion during 2008, the report said.More

What you need to know about the EU's new import control system
Logistics Today
Every time you turn around, it seems there's a new regulatory requirement. Governments around the world are updating customs codes, modernizing and introducing technology processes, and changing classifications — all in the name of streamlining revenue collection and enforcing supply chain security. The European Union has been and continues to be very active in promulgating legislation to support its drive to create a single customs union for its 27 member states.More

Sales up, jobs flat: World's executives confident but cautious
CEB Views
Our business barometer has passed the "50" mark for the first time since we began the survey last year. With the needle pointing at 51, the world's business decision-makers are optimistic about a global recovery but still more cautious than some recent data suggest. What makes this optimism interesting is that their views are based not on "gut feeling" about the economy, but on what heads of sales, supply chain and HR are telling them.More

Get your team to stop fighting and start working
Harvard Business Review
The conflicts that often arise in teams can make you want to throw up your arms in despair, retreat to your office, and live out your career in team-less bliss. But collaboration is here to stay, and while it isn't easy, putting more minds on the job usually yields better results. If your team has dissolved into arguments or two members just can't seem to get along, how can you get things back on track? How you do you turn a team marred by dysfunction into one that excels together?More

Study says companies aren't doing enough to track their environmental impacts
SupplyChainBrain
Although green measurement is considered important, businesses on both sides of the Atlantic lack the correct systems to track their full environmental footprints, according to an independent study conducted for enterprise software vendor IFS in the United States, Scandinavia and the Benelux countries. As environmental regulation advances in both Europe and the U.S., businesses are facing increasing pressure from regulators, customers and investors to document and reduce their environmental impact. According to IFS, research data suggest that organizations need to make wholesale changes to their business technology to keep up with these rapidly advancing mandates.More

AA Cargo expands international weight limits
Logistics Today
American Airlines Cargo Division has expanded the weight limit for its international Priority Parcel Service to provide customers with additional flexibility in shipping heavier, time-sensitive packages. PPS Heavyweight provides a per piece weight limit increase to 100 pounds (46 kilograms) for shipments originating in the United States to all countries worldwide, with the exception of Japan.More

System checks Rx compliance via cell phone, RFID
Internet Evolution
A recovering heart surgery patient forgets to take his post-operative medicine. That can be dangerous; but doctors and family can know within hours, not days, because of a system that links the pill bottle to a cell phone and the Internet. The telemonitoring system, eMedonline, is being tested at Nyack Hospital in Nyack, N.Y., with patients recovering from congestive heart failure.More

Free webinar to present smart strategies for deploying RFID at apparel, footwear stores
RFID Journal
RFID Journal will host a free webinar for apparel and footwear retailers and suppliers that will address some common misperceptions regarding the cost and complexity involved in deploying a radio frequency identification system in an apparel or footwear store. "Many retailers I have spoken with believe they need to rip out their existing back-end systems if they want to use RFID to improve inventory accuracy and replenishment," says Mark Roberti, RFID Journal's founder and editor. "Nothing could be further from the truth."More

Observations from the AMR Supply Chain Executive Conference: The constant interplay between efficiency and effectiveness
The 21st Century Supply Chain
As always the AMR/Gartner conference, held recently in Phoenix, was well attended, informative and, believe it or not, a lot of fun. This year we had some of our sales organization attend, and that is always bad news for the marketing folks. We have neither the stamina for nor the practice of the late nights, let alone the will to refuse to participate. Before the meeting, we heard that the meeting was fully booked and that people were being turned away. I am usually sceptical when I hear this, but I have to say all the sessions were packed with many people standing at the back of the hall.More