WERCWatch
Aug. 16, 2012

WEBCAST SERIES (6 sessions) begins Tuesday, Sept. 18

Using Metrics to Achieve Results
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Save the date
WERC's 2013 Conference is set for April 28 to May 1 at the Sheraton Dallas Hotel in Dallas, Texas. Mark your calendar!More

Counterfeit products and supply chain risk
@Risk
Here are some interesting facts on product counterfeiting from a story by Acsis Inc. Counterfiet products represent a serious risk to brand equity, and point to potential failures in the supply chain. Counterfeiting is now one of the fastest growing and profitable industries in the world. With an average of 5 to 7 percent of the world trade market, it is a $600 billion per year industry. The U.S. Customs and Border Protection reports the total number of counterfeit goods increased dramatically in FY 2011 by 24 percent compared to the prior year, and has increased 325 percent over the past decade.More

IDC supply chain finds procurement seen as top driver to reduce overall supply chain costs
Supply Chain Digest
The analysts at IDC Manufacturing Insights have released a report based on a major survey of supply chain executives and managers, among the highlights of which is that companies see the highest opportunity for supply chain cost reduction from better procurement effectiveness and deployment of Lean/Six Sigma methodologies more deeply into their operations.More

Material handling equipment demand to grow 4 percent annually
Material Handling & Logistics
Global demand for material handling products is forecast to climb 4 percent annually through 2016 to $123.6 billion, according to World Material Handling Products, a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm. The report states that opportunities will be best for sales of advanced equipment such as automated conveyors and automated guided vehicles, citing automation's role in labor reduction.More

If sustainability costs you more, you're doing it wrong
Forbes
Richard Crespin writes, "There is a lot of anecdotal information on what makes a value chain sustainable, but very little data. To change that, we partnered with ASQ, the Institute for Supply Management, and Deloitte, on a multiyear research study to identify proven management practices and cost-saving approaches, and the initial findings are out."More

Does SKU proliferation combined with shorter product life cycle complicate the EOQ calculation?
Supply Chain Digest
The principal challenge of all retailers is to be able to purchase a sufficient quantity of the correct products so that their stores have items to sell but, at the same time, not too many so as to keep the total on-hand inventory from rising too high. The key question then is "how much?" The calculation of optimal order quantity, known as EOQ (Economic Order Quantity), also known as the Wilson Formula, is based on the optimization of holding costs and ordering costs.More

Mind the gap, mate: A critical supply/demand mismatch
DC Velocity
Anyone returning from a visit to the United Kingdom is likely to be much taken with the signature admonition from London's Tube, designed to keep people from stepping into the open space between subway trains and the platform, risking either death or life-altering maiming. We have another gap to deal with, and a failure to do so could easily have economic life-altering negative consequences. The gap in question is the comprehensive talent shortage that afflicts nearly every facet of supply chain management.More

Motivate your problem employee
Harvard Business Review
There's one on every team: Someone who just doesn't live up to his potential. Here is a process to inspire this problem employee to change.More

WMS talent transcends tiers
Material Flows
Tom Andel writes, "It's easy to be amazed by warehouse management systems — both by their technological progress and their lack of it. For pure warehousing and distribution, managers have a wealth of WMS choices and they don't all have to be from the pricier Tier 1 shelf, either. As Ian Hobkirk, of Commonwealth Supply Chain Advisors, notes in his recent blog titled 'Do I really need a Tier 1 WMS?' features which were previously unavailable in midtier WMS are now solidly within these providers' offerings."More

ProTech sales deploys valve-tracking system for Anadarko Petroleum Corp.
RFID Journal
When Littleton, Co., valve distributor and service firm ProTech Sales began its contract 18 months ago with Anadarko Petroleum Corp., to provide maintenance and inspection services for its more than 5,000 valves, the company received a list of each valve's identification, along with its records in the form of a stack of papers, written in pen. The handwritten papers would need to be manually entered into a Microsoft Excel spreadsheet, and inspectors would later, on paper, need to track everything that they did involving each valve.More

The pallet: The single most important object in the global economy
Slate
The pallet, that humble construction of wood joists and planks (or, less typically, plastic or metal ones) upon which most every object in the world, at some time or another, is carried. "Pallets move the world," says Mark White, an emeritus professor at Virginia Tech and director of the William H. Sardo Jr. Pallet & Container Research Laboratory and the Center for Packaging and Unit Load Design. And, as stories illustrate, the world moves pallets, often in mysterious ways.More