Originally appeared in FleetOwner. Fleet managers today wear many hats. Beyond ensuring timely deliveries, they’re tasked with recruiting skilled drivers, managing detention costs, utilizing evolving technologies, and controlling expenses, all while keeping operations running smoothly. One of the most persistent and complex challenges is optimizing parts inventory. It’s a delicate […]
Supply Management
7 posts
Despite some notable exceptions (Winnipeg in January, and Toronto in February to name a couple), I try to plan my winter trips to warmer climates. It helps to cut down on the inevitable winter weather travel delays, and has the added benefit of allowing me to see the sun a […]
Logistics now plays an even more integral role in actually satisfying customer demand. Businesses that minimize the importance of logistics do so at their peril. The world of buyers and sellers is constantly transforming itself. According to the American Transportation Research Institute (ATRI), there was a 3,000 percent increase in […]
There is no disputing the fact that e-commerce has completely upended the retail industry; but it’s also affected every aspect of their supply chain … including shipping and delivery. If you had searched for the term “final mile” as it pertains to shipping a decade ago, you would have had […]
In 1944, the heads of seventeen independent truck leasing companies from all over the US met in Chicago and formed the National Truck Leasing System, which became NationaLease. Although the overarching goal was to promote the truck leasing industry, members soon realized that each of them was also benefitting from […]
To ensure that you are getting optimal performance from your suppliers, especially in the area of indirect spend, your procurement department must consistently combat complacency in supplier relationships. When it comes to direct spend, procurement professionals typically know what they’re spending, down to the smallest item. Production of core products […]
This blog first appeared on the AmeriQuest Business Services website. When it comes to the trucks that transport their product, companies keep a sharp eye on costs. Why not do the same with their distribution centers? With an ever-growing emphasis on managing cash flow and working capital, executives and managers […]