September, 2018

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Blockchain and TMS: A Future Match Made In Heaven?

GlobalTranz

The implications of a technology capable of self-maintaining security, maximizing data reporting and accuracy, streamlined payment processing and shipment scheduling, immediate access to real-time data, and end-to-end transparency evoke mirages from the past, asserts Talking Logistics With Adrian Gonzalez. Blockchain is the presumed cure-all solution for everything in supply chains, and its impact will be felt around the globe, in every industry, and within all activities.

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6 Ways AI is Impacting the Supply Chain

The Network Effect

Artificial Intelligence is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and. The post 6 Ways AI is Impacting the Supply Chain appeared first on The Network Effect.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

It was not my goal; but by accident, it became my mission. At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Here is an excerpt from the article: “…it isn’t by be

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How advanced is your supply chain network design? Take our quiz to find out

AIMMS

Today’s most profitable companies have built their success on an effective and responsive supply chain network. But maintaining this is easier said than done. Supply chain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Decoding the language of S&OP

ToolsGroup

Since demand forecasting has developed many “personalities” over the decades, I recently wrote a blog that “decoded” the language of demand. That got me to thinking about decoding the language of Sales & Operations Planning (S&OP) which, like demand forecasting, has also taken on multiple personalities as it has matured. Here they are: Sales & Operations Planning (S&OP) - A traditional definition of S&OP defines it as an integrated business process through which an executive

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Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

GlobalTranz

E-commerce is expanding to reach $1 trillion by 2025, and demand for more products and services among the world’s shippers is keeping third-party logistics providers, like Cerasis, on their toes. In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve

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The Supply Chain of a Computer

SCM Research

Sometimes a picture is worth a thousand words. In my courses, I introduce the key ideas of SCM by discussing a map of our globe. Questions we discuss include: Who is actually producing our computers? Where does value creation take place? Who is governing the computer supply chain? What is the role of contract manufacturers? Why is final assembly being done in China and not in the EU or Canada?

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Driving Transformational Change

Supply Chain Shaman

There are over 10,000 change management books on Amazon. The return of search on the site gives a list of endless titles. You might ask, “Why are so many people writing about change management?” Does anyone read the books? Why then is Lora writing about it?” These are all good questions. Background. Three weeks ago, I attempted to put my life back together from a recent move.

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How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

An interview with Daniël van Gool at Peapod. It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. There’s no doubt that the role of data, technology and analytics in retailer decision-making is growing, and that this trend will further heat up over the next few years.

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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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Balancing service levels and supply chain costs

ToolsGroup

Precisely balancing the tradeoff for each inventory item is a hallmark of inventory optimization. Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. We collaborated on a blog about how to solve the often difficult challenge of balancing service levels with supply chain costs.

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How digitalization ensures survival in physical retail

DELMIA Quintiq

Customer behavior is changing rapidly. Experts say that every second physical retailer is expected to shut down within the next 15 years. It’s easy to see why: digital economy has changed the rules in supply and demand. Customers can now shop online from the comfort of their sofa, quickly compare prices via the Internet and receive packages right at the doorstep.

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What You Need to Consider Before Relocating Your Manufacturing Plant

GlobalTranz

Most of us tend to hope that our latest move to a new home or a new company facility is the last one we’ll have to make. But if you represent a manufacturing organization, the process of relocating to a new campus can seem especially overwhelming and frustrating. However, with the right plan in place before the first crate gets packed, your manufacturing company and everybody under its roof can take part in a smooth transition and get back up to speed before you know it.

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Supply Chain Resilience: Surviving Hurricanes, Typhoons, Flooding and Heat Waves

The Network Effect

How a Network can be Your Best Defense in the Face of Mother Nature’s Fury Hurricane Florence is currently bearing. The post Supply Chain Resilience: Surviving Hurricanes, Typhoons, Flooding and Heat Waves appeared first on The Network Effect.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Building the foundation of your digital supply chain

Kinaxis

by Alexa Cheater It’s getting harder and harder to get ahead—and stay ahead—of the constantly shifting realities of today’s interconnected world. Unstable markets, growing customer demands, emerging competition and deep-rooted reliance on outdated, legacy systems are causing chaos and complexity. Traditional supply chain issues are only getting compounded by all of these new and emerging data sources.

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Key learnings from Supply Chain Insights’ Global Summit

AIMMS

It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” In this blog post, I’ll summarize some key learnings I drew from the event and share some insights on Demand Driven supply chains and the industry’s technology landscape. .

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Why Do Supply Chains Need an Effective Communication Plan?

River Logic

Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process. To understand why this is a problem, stop and consider the effects of bad communication.

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The Missing Link? EU Supply Chains after Brexit

SCM Research

The United Kingdom has been one of the key links in EU supply chains for more than 40 years. BBC Newsnight has recently reported on how Brexit could break that chain and what the consequences could be for manufacturers. I like the video and have used it for my Supply Chain Risk Management course to discuss this topic with my students.

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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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[PODCAST] Increasing Parcel Volumes Requiring Shippers to Implement Technology for Parcel Freight Optimization Yielding Reduced Costs

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s Podcast episode Cerasis welcomes Bob Malley, CEO of Pierbridge , a company offering enterprise shipping technology aiding logistics entities & shippers in managing parcel shipping more effectively to meet the challenges of omnichannel shipping. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouT

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Fixing the 5 Big Problems in the Food Supply Chain

The Network Effect

The food supply chain continues to grow rapidly, with consumers now expecting exotic foods, fresh on their plates, year round. The post Fixing the 5 Big Problems in the Food Supply Chain appeared first on The Network Effect.

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Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they shoul

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How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

An interview with Daniël van Gool at Peapod. It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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NextShift Robotics, An Autonomous Mobile Robot that Optimizes the Picking Process

Logistics Viewpoints

313 million dollars has been invested in autonomous mobile robots (AMRs) for use in material handling in the last several years. An autonomous mobile robot is a vehicle that requires no change to a facilities infrastructure to implement and operate. Often, these vehicles are led around a facility and then create a map of the facility that is followed subsequently.

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Working Capital Management: Two Challenges and How to Address Them

River Logic

Working Capital seems easy enough to understand. Divide a company’s current assets by its current liabilities and you get a ratio that helps you determine how easily a company could cover its short term debt. This is generally referred to as how liquid a company is. However, this doesn’t always paint a clear picture.

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How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices

GlobalTranz

E-commerce value will exceed $4 trillion by 2025, and demand for e-commerce requires seamless integration between traditional shipping practices and an e-commerce shipping plan. Unfortunately, e-commerce is incredibly complex. Its global nature makes conventional shipping strategies inefficient and utterly unworkable. Instead of trying to start from scratch, shippers need to know a few things about the challenges of integrating traditional with e-commerce shipping , why integration is key to suc

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Video: A Guide to Supply Chain Control Towers

The Network Effect

How can supply chain control towers help manage complex global supply chains? I recently discussed the topic of supply chain. The post Video: A Guide to Supply Chain Control Towers appeared first on The Network Effect.

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Building Cyber Resilience and Data Integrity in Your Supply Chain

Learn about the most frequently occurring cybersecurity breaches coming from third party suppliers, vendors & contractors. Master how to spot security gaps and how to mitigate future cyberattacks. In this eBook, you will learn: How to define reasonable levels of security for your suppliers, vendors, contractors, etc.

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Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? Is it about optimization? Is it about having enough stock? Or is it about having no stock? The answer varies from function to function in the supply chain. For Sales it’s about product availability at all times. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns.

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How advanced is your supply chain network design? Take our quiz to find out

AIMMS

Today’s most profitable companies have built their success on an effective and responsive supply chain network. But maintaining this is easier said than done. Supply chain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat.

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The 6 Top Supply Chain Trends to Make Supply Chain Managers the Hero of Their Company

C3 Solutions

Industry gatekeepers like supply chain managers hold much of the logistical power, but with power comes responsibility - they’re usually the first to receive blows from upper management and customers when things go awry.