{"id":13497,"date":"2016-05-13T21:28:20","date_gmt":"2016-05-13T20:28:20","guid":{"rendered":"http:\/\/www.globeinst.org\/?page_id=13497"},"modified":"2021-08-07T10:34:03","modified_gmt":"2021-08-07T10:34:03","slug":"2006-home-depot-designated-with-best-in-class-status","status":"publish","type":"page","link":"https:\/\/project.mespilgroup.com\/GIL\/press-center\/2006-home-depot-designated-with-best-in-class-status\/","title":{"rendered":"2006: Home Depot Designated With Best In Class Status"},"content":{"rendered":"
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Press Information> Presse-Information<\/strong><\/h2>\n

Dossier Presse > Communicato Stampa >\u65b0\u95fb\u7a3f<\/strong><\/h2>\n<\/div>\n
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ATLANTA JULY 2006<\/h6>\n

HOME DEPOT DESIGNATED BEST IN CLASS<\/strong><\/h4>\n
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The Global Institute of Logistics announced the result as part of its research program UNITED STATES BCO\u2019S SOURCING IN CHINA: THE LOGISTICS CHALLENGES”. The results point to a new and more dynamic approach to logistics challenges in the maritime container logistics supply chain in Southern China particularly in and around the Port of Shenzhen<\/strong><\/h6>\n<\/div>\n
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THE HOME DEPOT GLOBAL LOGISTICS TEAM
CELEBRATE THEIR ACCREDITATION
AT THE INTERCONTINENTAL BUCKHEAD ATLANTA<\/b><\/p><\/div>\n

\u201cUnited States BCO’s Sourcing in China: The Logistics Challenges\u201d is an ongoing Institute research program focussed on southern China . The first module examined on how the US Beneficial Cargo Owners (BCO\u2019s) from the consumer goods and retail sectors were coping with this region\u2019s particular logistical challenges.
\nThe research program is designed to understand how companies manage the dynamics of global trade in this new scenario and to determine how the most adaptive were coping with its challenges. Furthermore The aim of the research is to establish accepted best practice by the stakeholders in Sino\u2013US trade, creating \u2018bench-marks\u2019 and to promote standard operating procedures and their adoption by other shippers.
\nThe research identified the early adopters at brand level and led to the accreditation of Home Depot with “Best in Class” in the execution of container logistics strategy.
\nHome Depot’s international logistics departments has direct relationships with each stakeholder in its global logistics process and while like majority of Fortune 500 companies, it outsources directly to third party logistics provider’s (3PL’s) however it regards as “best practice” to have direct contact with the the key logistics service providers, particularly the liner shipping company and the container terminal operator. Home Depot are the pioneers in managing direct relationships with container terminal operators.
\nBeneficial Cargo Owners including Home Depot do not have contractual relationship with any of stakeholders inside the port, leading it to a dependence on third parties for status reports etc. This leads to misreporting and guessing about the status of a particular container. Home Depot mitigated this by liaising directly with the container terminal operator. This led led directly to greater Visibility, increased Velocity and added Value add in their container logistics processes.
\nFor terminal operators direct relationships with their end user had a direct influence on decisions by shipping lines to include their terminal on their network maps. Shipping lines are heavily influenced by their upstream customers \u2212 the port\u2019s end users.
\nThe collaboration also leads to logistics innovation particularly in the area of \u201cPort Centric Logistics\u201d Port Centric Logistics models have led to a myriad of new logistics programs: For instance DC Bypass whereby Beneficial Cargo Owners instead of shipping containers of a product to the USA where they would then be cross-docked for store delivery, execute the cross docking process in China,thereby eliminating a relocation move at the receiving port and, in doing so, cut out considerable costs.<\/p>\n

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Press Information> Presse-Information Dossier Presse > Communicato Stampa >\u65b0\u95fb\u7a3f ATLANTA JULY 2006 HOME DEPOT DESIGNATED BEST IN CLASS The Global Institute of Logistics announced the result [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4585,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-13497","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/13497"}],"collection":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/comments?post=13497"}],"version-history":[{"count":2,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/13497\/revisions"}],"predecessor-version":[{"id":21399,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/13497\/revisions\/21399"}],"up":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/4585"}],"wp:attachment":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/media?parent=13497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}