Monday, May 16, 2011

Any other issues intrested or importnat about FedEx

· FedEx Suffers Tracking Update Issues; iPhone Buyers :

Federal Express is having some troubles today with updates of its package tracking system. Whether or not it has anything to do with the umpteen thousand people checking on their Apple iPhone 4 deliveries.

· Global supply chain inefficiencies :
Global sourcing and global competition is putting constant pressure on your supply chain to drive costs down. And global processes are complex, especially those for import and export — where you have to contend with multiple languages, duties and taxes, time zones, and currencies

· Out-of-stocks :
Retailers lose 4 to 8 percent of revenue for not having the right product at the right time. Back orders mean $11 to $16 of incremental cost (shipping, call center, warehouse, processing).

· Drop-ship service :
Using a drop-ship service, you can maintain a wider assortment of merchandise without incurring the extra upfront inventory costs. About 15 percent of a nonstory retailer’s revenues are derived from vendor-direct (drop-ship) programs.

· Returns :
Consumers are savvier than ever, so they’re demanding better services. This includes returns. Did you realize that 5 percent of all merchandise is returned? Or that 35 percent of all apparel is returned?

FedEx Supply chain Management :
The FedEx Center for Supply Chain Management also conducts educational programs that have ranged from one-day seminars for the general public to customized, comprehensive SCM programs for a single firm .The program addressed a number of important SCM topics that specifically met the needs of Vitro participants. Topics addressed in the Vitro SCM program Introduction to Supply Chain Management
* The Human Factor in SCM - Teamwork, Learning, and Motivation
* Supply Chain Information Systems and Technology
* Supply Chain Process Improvement / Cycle Time Reduction
* Procurement / Sourcing Issues
* Manufacturing Issues
* Inventory Management Issues
* Logistics Issues
* Customer Order Processing and Demand Management

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