Cardinal Health's reconfigured website is scheduled to go live within weeks, consolidating two portals and aiming to focus on branded items, according to executive Matt Wingham. The new site will emphasize a better product experience and is designed to be responsive regardless of device.
Genuine Parts reported fourth-quarter profit of $165.46 million on revenue of $4.21 billion, with profit up 8.5% year over year. Its unit Motion Industries reported a quarterly operating profit of $103 million on revenue of $1.24 billion, and both figures were up from a year earlier.
Adding a transportation-management system and connecting inbound supply chains led AGCO to reduce freight costs by 20% while preserving service levels, writes Steve Banker in a compilation of SWOT analysis examples. Kraft Heinz saw opportunity in using supply chain design to group similar products together and to streamline equipment use, he writes.
A strategic plan requires core competencies, differentiation and financial forecasting along with other components, Ian Heller writes. Strategic planning failures occur when executives "didn't continue the process with specific individuals and teams assigned to develop tactics in each of these areas," he writes.
Shipper costs per mile are up 4%, while transit times are increasing for routes of 450 to 550 miles, according to Zipline Logistics. The company's analysis shows a 16.2% increase in transit days after the electronic logging device mandate went into effect.
The use of analytics is a critical component to allowing UPS to continue to compete with Amazon. Not only will the company's EDGE data projects help it to save as much as $300 million a year upon full deployment, but it is also helping to minimize mistakes, improve performance and determine when trucks should be washed, reports Elizabeth Woyke.
Amazon spent $46.9 billion last year on shipping and fulfillment compared with roughly $2 billion a decade earlier. Spending also increased in terms of percentage of total sales, reaching 26.4% in 2017 compared with 16.6% in 2007.
Respondents to an American Productivity and Quality Center survey noted an absence of "preexisting process foundation" as one hurdle to implementing process automation. Determine which processes will benefit most from automation, and assess the skills needed for success, writes Hailey Lynne McKeefry.
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