February, 2019

article thumbnail

How vehicle customization will drive the supply chain of the future

Kinaxis

by Dustin Mattison I recently had the opportunity to sit down with Farhan Mirza, President of BAFF Consultants Inc., to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. Mirza notes that customization is a significant market trend and believes the entire supply chain will require transformation as the customization of vehicles becomes a mainstream approach to production.

article thumbnail

Understanding Your Safety Stock Calculations

Demand Solutions

If you manufacture or distribute products, it's safe to assume that you have a specified safety stock level— or at least we certainly hope you do. If you're on the fence about whether or not to hold safety stock, we recommend reading up on why it's critical to overcoming variability in your supply chain. At this point, you may be saying to yourself, "but carrying excess inventory is expensive!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selecting new software for supply chain network design doesn’t have to be a hassle

AIMMS

When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supply chain networks are adaptable. They react swiftly to changing business conditions and customer needs. They scale quickly when there’s opportunity for growth. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks.

article thumbnail

Autonomous Mobile Robotics (AMR): What They Are and Benefits of Using Them

GlobalTranz

Sudden surges in warehouse demand result from increased access to retailers. The internet and mobile technology give customers the ability to become one with their shopping experiences, including e-commerce purchases and in-store experiences. The ability of a company to guarantee customer happiness lies in effective, efficient fulfillment, and the easiest way to reduce spend revolves around lowering travel time.

article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

How Integrating Your ERP With Your TMS Will Make Life Easier

Kuebix

Hardly anyone will deny that technology is the future. For companies with supply chains, this means utilizing some combination of a transportation management system (TMS), enterprise resource planning system (ERP), yard management system (YMS) and warehouse management system (WMS) just to keep up with the competition! That’s a lot of different technology to manage, especially […].

More Trending

article thumbnail

Regaining control: Inventory management best practices (Part two)

Kinaxis

by Richard Cushing. In part one of “Regaining control: Inventory management best practices” , we talked about controlling inventory, before being able to competently manage inventory. With that in mind, let’s dive in to a few more inventory management best practices that will help you get the control you need to better manage your assets.

article thumbnail

Blockchain and its Implications for the Pharmaceutical Supply Chain

Shipchain

Blockchain in the pharma supply chain can dramatically affect the success and verifiability of pharmaceuticals. Unlike other industries, pharmaceuticals are subject to intense regulation. Failure to maintain proper temperatures or traceability within the pharma supply chain can have disastrous outcomes that directly impact patients and their family members.

article thumbnail

How often do supply chain leaders assess their network for improvements?

AIMMS

Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.

article thumbnail

Automation in the Warehouse: It’s All About Capacity

GlobalTranz

Automation in the warehouse is essential to meeting the growing demand of e-commerce and the blending of traditional supply chain channels into the omnichannel supply chain. Unfortunately, warehouse capacity around the country is tight, but available capacity is only being used at rates shy of 70 percent. How can warehouse capacity be both tight and utilized less than 100 percent?

article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

article thumbnail

5 Ways to Optimize Your Supply Chain for 2019 Trade Tensions

Stord

Last year, the ripple effects from new tariffs on imports from China rocked warehouses and ports in America. At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption.

article thumbnail

Artificial Intelligence in Supply Chain

3PL Insights

Artificial Intelligence (AI) is starting to play a big part in our everyday lives. It’s even starting to be integrated into many industries especially supply chain. Fortunately, we don’t have robots walking around thinking for themselves, but we do have some that can be programmed to do what we want. This technology is helping to lower costs, increase productivity, and improve key performance metrics.

article thumbnail

George Jetson and the case for modern supply chain planning

Kinaxis

by Mike McAllister. As a supply chain planner of a certain vintage, you remember The Jetsons and likely recall George working for Mr. Spacely at Spacely Space Sprockets. While we can’t be sure what kind of supply chain planning system Mr. Spacely had in place to produce his sprockets, The Jetsons’ well-documented ability to predict the future – from large format flatscreen televisions to video conferencing and robot vacuums – provides a key indicator.

article thumbnail

Which Industries will Demand Greater Logistics Capabilities in 2019

C3 Solutions

This post was originally posted on Cerasis.com and written by Adam Robinson, Marketing Manager at Cerasis.

article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

How often do supply chain leaders assess their network for improvements?

AIMMS

Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.

article thumbnail

The Top 5 Warehouse Management Technologies Shaping the Supply Chain

GlobalTranz

New technologies are being developed that will propel warehouse management and shape the supply chain of the future. Around the globe, supply chain entities and third-party logistics providers (3PLs) are seeking out the best ways to enhance flexibility and adaptability for both inbound and outbound logistics. From the dramatic changes possible through the cloud to the applications.read More.

article thumbnail

3 Ways Manufacturers are Using Supply Chain Finance to Fund the Future

Material Handling & Logistics

Supply chain finance improves cash flow by allowing buyers to optimize their cash conversion cycle by focusing strategically on payment terms with their suppliers.

article thumbnail

Your Data is Only as Good as How You Visualize It

Arkieva

Are you avoiding these common data visualization pitfalls during your S&OP meetings? Your Data is Only as Good as How You Visualize It was first posted on February 27, 2019 at 1:34 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

S&OP 81
article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Building stronger supply chain customer relationships

Kinaxis

by Richard Cushing The first imperative of management in any for-profit enterprise must be to create customers. Without customers, there are no profits; only costs and expenses. If the above statement is true, then to maximize the return on investment (ROI)—since it is almost always more expensive to create new customers than to sell to existing customers—management’s second big imperative is to build stronger supply chain customer relationships.

article thumbnail

The Future of AI and Supply Chain Management

Supply Chain Brain

In a world of big data and bigger customer expectations, the future of supply chain management rests in the predictive and prescriptive power of artificial intelligence.

article thumbnail

Avoiding Supply Chain Risk with Machine Learning

Adexa

Almost all Machine Learning techniques use past data in order to predict the future. Although this can be effective however, it is not a true representation of the future. A supply chain model or what we call a supply chain Digital Mirror© represents very accurately how the operation would behave. The post Avoiding Supply Chain Risk with Machine Learning appeared first on Adexa Inc.

article thumbnail

Top 4 Reasons Effectively Implementing Supply Chain Technology Creates a Competitive Advantage

GlobalTranz

Increasing the technologies deployed in your supply chain might be a goal for your organization. Meanwhile, executives that have spent time in the industry can be fearful of how upgrading systems can impact investment strategy and other business goals. However, supply chain technology is continuing to evolve, and it can key to creating competitive advantage, especially for.read More.

article thumbnail

2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

article thumbnail

How to Unleash Blockchain into Your Supply Chain

Material Handling & Logistics

Blockchain-based applications provide transparency and visibility throughout the entire supply chain.

article thumbnail

ShipChain and Scanlog Partner Over Blockchain-Based Track-and-Trace Platform

Shipchain

ShipChain , the blockchain-based end-to-end logistics startup, has announced the integration of its platform with Scandinavian logistics company Scanlog , to help with the track-and-trace of Scanlog’s freight moving across the company’s global logistics network. The importance of transparency in supply chains can never be stressed enough, with businesses that deal with cargo movement across international borders particularly interested in having eyes on their freight in real-time.

article thumbnail

Are you sure you’re making the best supply chain decisions?

Kinaxis

by Alexa Cheater Successfully managing your supply chain means making decisions. A lot of them. But the reality for many is that the tradeoffs and choices they’re making are based on outdated or inaccurate data. How can you be sure you have the information and insight you need to make the best supply chain decisions possible for your business? Today’s planning reality leaves too much room for uncertainty.

article thumbnail

Blockchain and Supply Chains: Unleashing the Potential

Supply Chain Brain

Dealing with data can often come with expensive reconciliation or negative impact on customer fulfillment. Blockchain technology can help.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

The Importance of Confidence in Career and Life

JDA software

Haley Morse is vice president, services sales, North American retail and has been with JDA for nearly 25 years. She is a great example of getting comfortable being uncomfortable and talks about how she’s done this in her career, and how important it is to be confident in yourself and your decisions. Haley’s family, from L to R: Haley, Zachary, Sydney, and David.

article thumbnail

What is Inventory Carrying Cost?

EMERGE App

Introduction. We’re all familiar with the cost of goods. We spend hours researching and comparing the lowest possible prices for goods. And we pick the most cost effective means of shipping. After all, this is a business expense that you need to pay upfront in order to bring goods to your warehouse and stock them up. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory?

article thumbnail

What Is Demand Sensing and Why Supply Chain Executives Need to Know More

Veridian Solutions

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing. However, what is demand sensing? In its most basic sense, it’s about sensing demand based on variables in supply and demand, but that’s only half the concept.