New Wal-Mart Requirements Increase Supply Chain Pressure, The Journal of Commerce Analyzes Industry Impact
NEWARK, N.J., Feb. 8 /PRNewswire/ -- Wal-Mart implemented its strongest delivery requirements yet for U.S. suppliers on Feb. 1, imposing new deadlines and strict penalties. In this week's feature story, The Journal of Commerce examines the impact of this mandate on national and global supply chains and the rest of the industry.
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Wal-Mart is at it again. Striving to improve supply chain efficiency, the world's largest retailer is imposing requirements that, as many shippers and carriers scramble to comply, will have a far-reaching industry impact. Transportation carriers across the country are offering special help to get suppliers' goods to Wal-Mart. Other retailers are watching closely as the company – known for its grasp and control of its supply chain — further tightens management of its distribution channels.
The Journal of Commerce cover story analyzes the wide-ranging effect this mandate will have on shippers' supply chains — from ordering and production to shipping and customer relationships — and how prepared the industry is to rise to the challenge.
This week's issue also includes in-depth analysis of the global third-party logistics market and its outlook for 2010. The year is shaping up better than 2009 – when combined revenue fell for the first time since the mid-1990s – however, 3PLs face new challenges. As customer demands increase, 3PLs must do more with less and hone these relationships.
Included in this JOC Guide to 3PLs is a comprehensive directory of 3PLs, the services they offer and contact information — a one-stop shop for companies looking to outsource logistics operations.
To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.
Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.
To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC Events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Transpacific and Transatlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.
About UBM Global Trade - UBM Global Trade, formerly Commonwealth Business Media, Inc., has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Events, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in East Windsor, NJ, with offices throughout the United States and in Canada and Hong Kong. For more information, explore www.ubmglobaltrade.com or call 800-221-5488 (+1-609-371-7700 outside the U.S. and Canada).
About United Business Media Limited - UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring, and the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries is organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.
SOURCE The Journal of Commerce
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