August, 2015

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Supply Chain Executives can’t have it all, here are 4 things they can aim for

AIMMS

‘‘I want highly automated systems, a value chain network that optimizes my service and costs, the best talent available and the necessary predictability so that I can smartly invest in physical infrastructure.’’. It’s becoming clear that supply chain executives aren’t going to get all that they want. Traditionally it takes at the very least 2 years to realize investments in technology and physical infrastructure.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Volatility. Demand redefined. Economic markets plummeting… D aily we see the financial charts roll across the news. “It’s partly about growth, partly about trade, and partly about psychology.” CNN Money Watch, August 12, 2015. On Tuesday and Wednesday, the Chinese restated and devalued of the Yuan. The new valuation and the impact on markets is swinging the global stock market.

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5 Big Benefits of Cloud-Based Supply Chain Management

GlobalTranz

The emergence of the Cloud has created an interconnected world that goes beyond the communications of the early ages of the Internet and Web 2.0, influencing the way our real world behaves as much as advances like the engine, the printing press, or the computer itself. New technology can seem appealing until the process of incorporating it into existing methods becomes overwhelming and stressful.

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Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. Intro Email Newsletters News Sites Social Media Influencers Blogs Unexpected Places. If you’re like me, staying up to date on supply chain news is critical. But for every online “aha” I wade through dozens of yawns. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Infographic: TOS vs container terminal planning & optimization

DELMIA Quintiq

With massive ships and consolidated carrier alliances, container terminal operators are under tremendous pressure to increase their capacity. With so much to accomplish in a short span of time, is your terminal operating system (TOS) enough to sustain profitability and future growth? Unfortunately, the answer is no. But why? A TOS is designed to store historical data and help you make decisions for today, rather than plan for tomorrow.

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The Ethical Shopper: A Myth?

SCM Research

It has often been assumed that one of the characteristics of SCM philosophy is “a customer focus to create unique and individualized sources of customer value, leading to customer satisfaction” ( Mentzer et al., 2001 ). This assumption has led to business models like Primark, which aim to satisfy customer needs for fashion by making incredibly cheap garments available – so cheap that many teenagers nowadays are used to throw them away after just two weeks.

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Nine Myths of S&OP Technology Selection

Supply Chain Shaman

Sales and Operations Planning (S&OP) is in a renaissance. The reason? With growth slowing and complexity rising, S&OP is more important than ever. It is not sexy, and it requires hard work; but the greatest value of S&OP is profitable growth. The technology market is rife with unsubstantiated claims and myths. Like a hammer looking for a nail, it seems like every vendor I meet now has an S&OP solution.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP.

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What the Truman Show Can Teach Us about Big Data

Enterra Insights

According to a report prepared for the World Economic Forum by Bain & Company, “Personal data is becoming a new … Continued. The post What the Truman Show Can Teach Us about Big Data appeared first on Enterra Solutions.

Big Data 118
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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Four Keys to S&OP Effectiveness

Kinaxis

by Lori Smith In a previous post , I talked about the ineffectiveness of Excel, ERP, and legacy planning for S&OP. If those aren’t the right tools for the job, what is? I heard a colleague once give the following analogy: Imagine a pilot flying from New York to Los Angeles at night without any navigation systems or instruments to measure his location, wind speed, or altitude.

S&OP 196
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The Biggest Mistake You’ll Ever Make (Supply Chain Change Management Tips)

The Network Effect

dusk-photography/Flickr. You must learn from the mistakes of others. You can’t possibly make them all yourself. – Sam Levenson. ‘How does it work today?’. It’s the first question any self respecting project leader or consultant asks on day 1 of a new initiative. It’s critically important to know the ‘state of the nation’ before you embark on any sort of effort to make the changes needed to improve results.

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FMCG Supply Chain: Do you use data or information?

Enchange Supply Chain Consultancy

Who coined “Big Data”? How did we get there without normal sized data, slightly larger data, chubby data and bordering on big data? People working in or associated with Supply Chains seem obsessed by data yet data itself actually tells you nothing. Really, not a lot apart from the fact that something is being measured or calculated. Firstly, a couple of information irritations.

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My Advice for 3PLs and Shippers: Be Bold and Different

Talking Logistics

Last year at this time, in an article I wrote for CSCMP’s Supply Chain Quarterly , I stated that if I had to describe the state of the third-party logistics (3PL) industry in one word, it would be convergence — as in the convergence of fragmented logistics services into integrated logistics solutions , as well as the convergence of business models, specifically the business models of service providers, technology companies, and consulting firms.

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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.

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6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

GlobalTranz

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Many different factors have been previously discussed on specific details of selecting a 3PL , but have you truly learned how to identify the top-notch 3rd Party Logistics Companies from the fly-by-night, intermediary 3rd Party Logistics Companies?

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Rooting Out Slave Labor in Your Supply Chain

Enterra Insights

“There are slaves in your supply chain,” writes Tim Minahan. “According to the International Labour Organization (ILO) there are more … Continued. The post Rooting Out Slave Labor in Your Supply Chain appeared first on Enterra Solutions.

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Learn from the Supply Chain Masters – Q&A with Ron Stappert

Kinaxis

by Alexa Cheater Continuing with our ‘Learn from the Masters’ series, which features answers to your burning supply chain-related questions from our talented business consultants, we bring you the sarcastic wisdom of Ron Stappert. Ron has been a business consultant with Kinaxis for the past four years, and despite what his answers below may portray, he really does love his job.

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Maximizing Cash Flow: Operational Effectiveness in Bulk Distribution

Logistics Viewpoints

It doesn’t matter if the cost of supply is at an all-time high or fluctuating wildly, the impact of excess inventory and inefficient operations can be crippling to cash flow. While it is obvious that inventory costs money, most companies are not aggressively seeking to exert control and carry fewer overall gallons. The same holds […].

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Inbound logistics requirements for the new automotive supply chain

The Network Effect

SMMT/Ltd Flickr. Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Today I want to discuss inbound logistics requirements.

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Delivery Demand Shaping: A Key Element in Enabling Profitable Same-day Delivery

Talking Logistics

Although many retailers and other companies are charging ahead with their same-day delivery offerings (see Amazon and Macy’s , for example), others are taking a step back or shutting down their efforts. For example, according to an article in Re/code last week, Google is shutting down its two Google Express delivery hubs in San Francisco and Mountain View, California.

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Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

The business landscape is ever changing, numerous innovations have allowed companies to transcend borders and become global entities. While the opportunities are numerous so are the challenges; in this fiercely competitive global marketplace success requires companies to pay closer attention to supplier relations. Global leaders should retain suppliers with vested interest in the long-term success of the company.

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Mainstreaming Machine Learning, Part 2

Enterra Insights

In the first part of this article, I discussed how business leaders’ eyes are just opening to the possibilities machine … Continued. The post Mainstreaming Machine Learning, Part 2 appeared first on Enterra Solutions.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Tapping the Power of Many- The Application of Social Enabled Supply Chain Processes

Kinaxis

by Bob Ferrari The following guest blog commentary is contributed by Bob Ferrari, Founder and Executive Editor of the Supply Chain Matters blog and Managing Director of the Ferrari Consulting and Research Group LLC. In March of 2011, I had the opportunity to join fellow supply chain management bloggers Trevor Miles and Lora Cecere in a Kinaxis sponsored thought-leadership webcast focusing on the potential of the social supply chain.

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Improving the Transportation Solve: Jointly Optimizing across Inventory and Transportation

Logistics Viewpoints

When a company is looking to reduce their freight spend, while maintaining or improving service levels, there are two main paths they can take. They can buy and implement a transportation management system (TMS). Or they can outsource transportation planning and execution to a 3PL that provides managed transportation services (MTS). I talked to Wietse […].

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Distributed order management for the communications sector

The Network Effect

jkr1812/Flickr. In our first post , we explained that the purpose of a distributed order management (DOM) system is to intelligently broker orders across the various systems and processes utilized by the multiple parties involved in replenishing an order. Then we explored the benefits for retailers. Today I want to discuss DOM in the context of the communications sector.

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This Week in Logistics News (August 17-21, 2015)

Talking Logistics

I didn’t do it. I came back from vacation on Monday to find almost 1,000 emails in my inbox. I selected them all and held my finger just above the Delete key — “How liberating, how euphoric it would be,” I told myself, “a split second, that’s all it would take”…but I just couldn’t do it. Instead, I clicked the Delete key about 985 times over the course of the week, because most of the emails were either junk, outdated, or not worth keeping.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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FMCG Drinks Route to Market – let’s get fizzical in CEE

Enchange Supply Chain Consultancy

In a past life I ran the Supply Chain for an FMCG company in the 6 Gulf Co-Operation Council (GCC) countries plus Yemen in the Middle East. The Distribution model was one different legal entity per territory even for the largest market of Saudi Arabia. Within the smaller markets there tended to be one or two stock holding points which were enough to meet demand in a reasonably short Supply Chain.

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Mainstreaming Machine Learning, Part 1

Enterra Insights

“There is pressure in the enterprise software space,” writes Jorge Garcia (@jgptec), “to incorporate new technologies, both in hardware and … Continued. The post Mainstreaming Machine Learning, Part 1 appeared first on Enterra Solutions.

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Excel, ERP and Legacy Apps, Oh My! What Technology is Supporting Your S&OP Process?

Kinaxis

by Lori Smith Can the S&OP process be done without technology? The answer to that question has certainly evolved over the years, and while there are still some holdouts, most will now agree that technology is indeed required. Whether its objective should be to support the process or help define the process remains a healthy debate. Fundamentally, the more complex the organization and the more mature the process, the greater the need for technology.

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