September, 2017

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Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact

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What could you do with a faster, more effective supply chain?

Kinaxis

by Alexa Cheater How concurrent planning can help you take back your time. Stop being a slave to your supply chain and take back your time! Don’t wait around for your supply chain to catch up to the speed of life. Why spend hours, days or even weeks waiting for data transfers, analyses or simulations when you can accomplish all of those things in a fraction of the time it takes you today.

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Transform Your Supply Chain or Lose Out to Competitors

River Logic

The business world is in a state of flux as new technologies continually change the way companies operate. The pace of innovation is fast. Those in the lead respond to changing market demands quickly and efficiently, leaving behind those who rely on inflexible and dated supply chains.

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Traditional Statistics versus Machine Learning. What’s the Difference?

ToolsGroup

Since machine learning is a hot topic, we thought it useful to clarify the difference between machine learning and traditional statistics as applied to supply chain planning (SCP). Both technologies help you better understand data and are classified as analytics, but each takes a very different approach. By understanding the difference, we see that they are complementary.

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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.

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Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared the research on balance sheet performance, and provided the insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. My speech also focused on how current technologies are rapidly becoming obsolete due to market demands to do more with less and make better decisions.

More Trending

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Why OEMs Partnering With Reputable Suppliers Deliver a Desired Product

GlobalTranz

Getting a compatible LED lighting product, such as a power supply, is essential in order to extend the life expectancy and the quality of LED light strips. Unfortunately, the market has now become saturated with sub-par manufacturers and fly-by-night suppliers. OEMs, therefore, need to know why partnering with reputable suppliers delivers the right, desired product.

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10 must ask supply chain data security questions

Kinaxis

by Alexa Cheater When it comes to cyber safety, your supply chain could be your biggest weakness. Approximately 80% of data breaches originate from within the supply chain, and the financial impact of a breach could do more than destroy your bottom line. It could ruin your credibility with your customers. In 2013, Target, one of the largest retailers in the US, fell victim to a massive data breach when a cyber intruder stole credit and debit card information on more than 40 million customers and

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Artificial Intelligence and Targeted Marketing

Enterra Insights

By now most people understand they generate data whenever they use their computer, tablet, or smartphone. They also understand companies … Continued. The post Artificial Intelligence and Targeted Marketing appeared first on Enterra Solutions.

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What Will a Supply Chain Planning Job Look Like in the Future?

ToolsGroup

We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supply chain planner. There is a saying that the best forecasts come from having access to inside information that is not yet widely known. In writing this blog, I have been talking to analysts, consultants and pundits—but most important watching what’s already happening at more advanced companies.

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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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Mining Supply Chain Data for Insights

Supply Chain Shaman

Mine sweeping is essential to warfare. Soldiers use special devices to detect underground mines and disarm them from exploding before they cause harm. At Supply Chain Insights, we have been actively working in our own mine sweeping project. Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies.

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Future-proofing your IT investment

DELMIA Quintiq

Over the past year, at least a dozen large companies in Australia that we frequently talk with have tendered for replacement planning systems – workforce, production, logistics and multi-resource – for a variety of reasons. The most common two reasons were: A) Their planning systems could not evolve to cover additional needed capability with the business.

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What Is Last Mile Logistics & Why Are More Shippers Looking at This Transportation Function?

GlobalTranz

Last mile logistics is among the most misunderstood parts of transportation networks. On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. In addition, growth in e-commerce is radicalizing how shippers view last mile logistics. To understand wide-ranging benefits and key concerns inherent in last mile logistics, your organization needs to understand what constitutes last mile logistics, it’s challenges, how it impacts e-commerce and omni

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Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

by Dr. Madhav Durbha CSX, one of the only two railroad operators in the USA that handles nearly all the shipments that move by train east of the Mississippi River has been experiencing serious challenges since the month of May. The reasons behind this were well chronicled in a recent Wall Street Journal article. To sum it up, an activist investor caused a major shakeup in the company earlier this year and a new CEO took over in March.

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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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The Peak Season Surcharge That Wasn’t

Freightos

The Peak Season Surcharge That Wasn’t. September’s Flagging Ocean Freight Rates. By Zvi Schreiber, CEO, Freightos. . This article originally appeared on Zvi’s LinkedIn page. I spent last week traveling around Asia (6 cities in 6 days!) and one of the recurring themes I heard was shock from carriers about flagging rates. This goes far past the anecdotal.

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A Shift in Supply Chain Planning Priorities?

ToolsGroup

Increased demand volatility still tops business pressure, says Aberdeen. but supply chain planning priorities are changing. For several years there has been a commonly held belief that focusing on improving demand forecast accuracy should be a top priority for Chief Supply Chain Officers (CSCOs). But according to recent reports by Aberdeen Group, we are seeing evidence of an important shift in this thinking.

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Summoning the Courage to Redefine Forecasting: Upending the Apple Cart

Supply Chain Shaman

“We have too many planners. And, even if we can afford the costs, we don’t get good answers with our current forecasting processes,” stated the supply chain leader on the phone. “I want to build outside-in processes, but I don’t know what this looks like. Can you tell me what you mean by this statement?” My question to her was “Do you have the courage to up-end the apple cart?

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FMCG Cost Control: Boosting Brewing Bottom Lines

Enchange Supply Chain Consultancy

Picture the scene in many a brewing boardroom; a terse note has arrived from the suits at HQ telling the boss to urgently reduce costs as the year-end result is not going to look pretty. Why do all the board directors then look silently at their supply chain colleague? Of course, there are significant costs associated with a modern supply chain but you cannot make significant savings from that infrastructure overnight.

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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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Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. However, figuring out the best way to achieve this feat can be confusing, so warehouse managers should follow these steps. Controlling Inventory Flow Begins With Liquidate Nonessential Products. Warehouses have a tendency to become stock rooms for stale product.

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Does your supply chain hear the change coming?

Kinaxis

by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. I recall watching the original Battlestar Galactica series in the late 1970s, and there was an episode where Commander Adama was dictating his log. Before him was a computer screen recognizing his voice, taking his spoken words and translating them to perfect text for all to see.

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Risks in Supply - An Omnipresent Danger

Logility

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Throughout these projects, there is a consistent theme: organizations have a difficult time finding clarity in variability in supply.

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Wanted: Leaders in the Consumer Goods Supply Chain

The Network Effect

How breaking out of the traditional enterprise paradigm can radically simplify and streamline the retail and consumer goods supply chain. The post Wanted: Leaders in the Consumer Goods Supply Chain appeared first on The Network Effect.

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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.

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Watch the 2017 Global Summit Live on SEP 6-7

Supply Chain Shaman

Open up this post to watch the Supply Chain Insights Global Summit 2017 on September 6 & 7:

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NHS UK Waste: Planning challenges require extreme patience

Enchange Supply Chain Consultancy

I have spent some considerable time visiting medical facilities both at home and in UK and in the latter case I was not impressed. The National Health Service is still the envy of the rest of the world and rightly so. When you consider the policies and procedures in other countries the people who benefit from the NHS really should not complain about a 4 hour wait as you will be seen and you will not be asked if your bank card is contactless before you get to see a medical professional.

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The 5 Steps Towards Digital Supply Chain Management

GlobalTranz

The digital supply chain is basically a term that defines a supply chain whose foundation is built on Web-enabled capabilities. At the moment, many systems are hybrid, meaning that supply chains normally use a mix of paper-based and IT-enabled processes. In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components.

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The importance of reverse logistics in your supply chain network

Kinaxis

by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. In supply chain networks, materials flow from suppliers through to end customers. Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric.

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The Ultimate Guide to Sales Outreach

Sales outreach is an art and a science. The art is what you bring to the table—your flair for conversation, your work ethic, your dedication. We bring the science—proven tactics, strategies, and methods that really work. In this eBook, we’ll cover: How you should respond to inbound leads Tactics for engaging outbound leads (cold calls, email automation, and gifts) The key to keeping a prospective account alive for the long haul Buckle up!

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How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next.

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Imagine 2030: Supply Chain Talent

Logility

This year’s Supply Chain Insights’ annual global conference (Live Stream: [link] ) moves to our hometown of Atlanta, a town deep in supply chain history from the crossroads of the early train routes to the hub of many of today’s leading brands, and supply chain services and technology providers. As we welcome the industry thought leaders, practitioners, educators and more, I started to think about the conference’s theme, Imagine 2030, and a topic on the minds of many supp

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What is Machine Learning?

The Network Effect

I was having a discussion about Artificial Intelligence (AI) in supply chain planning and execution with Steve Banker today, and. The post What is Machine Learning? appeared first on The Network Effect.