November/December 2011 | Trade and Industry Development

November/December 2011

Trade & Industry Development Magazine

November/December 2011

Going forward, supply chain risk management will be increasingly studied and variables will be more carefully weighted in risk/reward equations. As Rich Thompson of Jones Lang LaSalle notes in his excellent article upon the subject, multinational companies will reduce risk by setting up operations and supply chains regionally, while still serving global markets. This will be as much for business continuity as it will be for maximizing profit. Larry Gigerich of Ginovus discusses what plastics manufacturers should seek in a location to maximize efficiency. And Dennis Donovan of WDG Consulting provides in-depth knowledge about what companies in the fabricated metals industry should seek when siting new facilities. We also have industry outlooks from the International Warehouse Logistics Association and the American Association of Port Authorities, and Jennifer Alten follows up with a detailed look at how ports are affecting local economies across the country. Linda Dobel explores strategic logistical locations across North America, and Fred Burkhardt of Geneva Analytics examines the impacts from the Panama Canal expansion in his excellent Insights article.

 

In this issue

Corridors of Commerce: Strategic Locations Make a Bottom-line Difference

BY: Linda Dobel

Legend has it that years ago a traveler seeking directions in rural Maine was told, “You can’t get there from here.” That is a phrase no business which needs to move materials from one location to another ever wants to hear because it implies the location is so lacking in infrastructure that there is no direct, let alone swift, route that will get you to where you want to go. Fortunately, there are many locations throughout North America that boast superior accessibility for the transport of goods, whether it is by highway, air, waterway or rail. If your business is one that depends upon an efficient supply chain for its profitability, you’ll want to become acquainted with the areas we have highlighted in this article as possibilities for becoming your new home base. more....