Remove 2004 Remove Data Remove Exercises
article thumbnail

The beginning of the end for the Paper Bill of Lading

Shipping and Freight Resource

BOLERO ( B ill O f L ading E lectronic R egistry O rganization) was launched in September 1999 as an electronic trade community to provide a common and open system for businesses to exchange trade data and documentation electronically without the involvement of paper. The TT Club subsequently wrote off its investments in Bolero in 2004.

article thumbnail

An Introduction to Cost to Serve

Logistics Bureau

These common measures are generally based on aggregated data that takes no account of the unique needs and cost drivers of certain customers and product types within the supply chain. Conduct a trial data set through the model to test assumptions and results. CTS typically highlights unprofitable products and customers.

article thumbnail

How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

The two companies switched positions in 1991, an event which heralded the start of a decade-long decline for Kmart, which ended in bankruptcy in 2002 and led to a subsequent merger with Sears in 2004. After becoming the largest retailer to ever file for bankruptcy, Kmart eventually merged with Sears in 2004.