Sat.Sep 29, 2018 - Fri.Oct 05, 2018

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How AI, Automation, And Big Data Are Disrupting Freight

Gravity Supply Chain

Advanced technologies are gradually occupying even larger roles in the freight industry and supply chain management. With the rapid pace of innovation, the sector is bound to look completely different in the next several years… The post How AI, Automation, And Big Data Are Disrupting Freight appeared first on Gravity Supply Chain.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

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Understanding E-Commerce Logistics Costs Allows for a Healthy Bottom Line

GlobalTranz

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. As explained by eCornerAssist , the web influences more than 80 percent of all sales in today’s age. Even customers shopping in brick-and-mortar stores must be conscious of how online platforms, responsible for e-commerce sales, may affect overall sales.

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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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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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Influential management thinker Adam Grant revealed as Kinexions ’18 featured keynote

Kinaxis

by Mike McAllister As the calendar turns to October, two things come immediately to mind. Pumpkin spice and Kinexions ’18. While we cannot unequivocally guarantee Kinexions ’18 will be a pumpkin spice free zone (after all, there are venues at the Gaylord Hotel at which one may procure hot, caffeinated, assumingly seasonally themed beverages), we can let you in on the identity of secret keynote speaker we’ve kept under wraps until now — Adam Grant.

New York 140

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Tips for Effectively Managing E-Commerce Logistics

GlobalTranz

E-commerce is in the middle of a boom. The economy is strong, and trucking capacity is tight. Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases.

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The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes

Logistics Viewpoints

The world's most sustainable company is a supply chain software company - Dassault Systemes. The world's least? Amazon. Amazon is an incredibly innovative company that has devoted virtually no innovation to improving the sustainability of their supply chain. The post The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes appeared first on Logistics Viewpoints.

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Free trade agreements and the future of Canada’s Supply Management system

Kinaxis

by Ilyas Kucukcay We live in a world of globalization. The geographical and cultural limitations our predecessors had to struggle to access goods and services has virtually gone down to nothing. In a globalized world, international trade agreements that bring many economies together to benefit from each other are essential for survival. In the past, we’ve witnessed tremendous levels of effort by governments and communities to form strong alliances to grow their economies faster and provide the b

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Walmart's successful supply chain management

TradeGecko

When you drop by your local Walmart, you are witnessing one of history’s greatest logistical and operational triumphs. According to Supply Chain Digest , this global retail giant operates more than 11,700 stores under 59 company names, with 2.3 million employees in 28 countries around the world while managing an average of $32 billion in inventory.

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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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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

GlobalTranz

An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. In fact, 78% of U.S. individuals over the age of 15 at some point use e-commerce platforms to make purchases, asserts Business Insider.

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TMS: Always Something New to Talk About

Talking Logistics

Author’s Note: The following is an excerpt from an article I wrote for CSCMP’s Supply Chain Quarterly (2018 Special Issue) titled “ Always something new to talk about ” that highlights key trends and developments in the transportation management systems (TMS) market. After 19 years, what else can you say about transportation management systems that you haven’t already said?

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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.

How To 102
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The Rise of Blockchain in the Supply Chain

Enterra Insights

New technologies vary in how quickly they penetrate the economy. For a long time, blockchain technology was confined to the cryptocurrency arena. Recently, however, blockchain has made rapid inroads into other areas including the supply chain. The primary reasons blockchain has been touted as a great supply chain tool involve improved visibility and traceability.

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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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Integrating Blockchain With Other Supply Chain Systems

Shipchain

In modern supply chains, communication and collaboration are everything. Systems that work together can ensure that all parties in the supply chain have access to the information and resources necessary to fulfill more orders and please customers. The introduction of blockchain technology is no different from traditional upgrades to supply chain management systems.

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This Week in Logistics News (October 1-5, 2018)

Talking Logistics

7 years ago yesterday, my oldest daughter was diagnosed with Type 1 Diabetes at age 11. It’s not an anniversary that we celebrate, but one that reminds of us of the sharp turns and potholes we sometimes encounter on the road of life, usually when we least expect them. How we move forward when we encounter these obstacles is what matters. In my daughter’s case, although she lost a bit of her childhood that day (which still pains me), she also discovered an inner strength and determination to keep

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Capacity Planning: Is Your Plan Feasible and Optimal?

River Logic

Most organizations have a hard time minimizing the discrepancies between their capacity and the demands of their customers. As a result, most of them are under-utilizing resources or are unable to fulfill customer demand.

Capacity 101
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Taming the bullwhip effect

Supply Chain Movement

The bullwhip effect is not only one of the best-known supply chain phenomena, but also one of the most damaging. By increasing the upstream variation and uncertainty, it pushes chain partners ever-deeper into the so-called planning mismatch, resulting in unreliability, inflexibility and inefficiency. The long-held belief has been that organizations just have to learn to live with the bullwhip effect and its consequences – but it now seems the bullwhip can be tamed after all.

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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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Spot market settles after Hurricane Florence

DAT Solutions

As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Unlike with Hurricanes Harvey and Irma, the impact from Florence on freight movements was mostly felt regionally. There wasn’t a cascading effect across the supply chain like what we saw last year.

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The definitive guide to demand planning

TradeGecko

Effective demand forecasting and demand planning are key to the longevity of wholesale and retail businesses alike. We look at some of the major aspects of the demand planning process and how they impact the entire supply chain.

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The Ten Must-Read Supply Chain Blogs of 2017

River Logic

The first month of the New Year has come and gone. Since everyone chooses to do their “best of” lists in January — causing us all to be a bit slammed with “bests” — we instead decided to share our must-read supply chain blogs of 2016 a little later. These are the blogs that every organization and career professional should be reading if they’re looking stay ahead of the game this year.

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Discovering the Power of Distributed Logistics

Supply Chain Network

The future of fulfillment is fast approaching and it’s now all about mastering something called Distributed Logistics! What is Distributed Logistics? The definition I’m running with currently is below, but this rapidly emerging concept continues to evolve literally as we speak: ‘A fully integrated and optimized network of two ore more fulfillment centers operated in unison to increase sales and customer delivery service levels, which minimizes transportation costs and maximizes inventory optimiz

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. alone. Globally, they stood at $4.8 trillion. Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amou

Freight 68
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5 Differences: 3PLs vs 4PLs

Freight Plus

In the modern globalized world of logistics, the shipper has more options than ever. In a market with thousands of third party logistics (3PL) providers it can be a daunting task figuring out which provider belongs where along each link of your supply chain.

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Skip the Supply Chain Control Tower: Move to Visual Advanced Analytics Instead

River Logic

In the movement to digitize the enterprise and connect all things IoT and more, a former supply chain buzzword has re-emerged with more momentum than ever… and confusion!

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Technology Reference Model for Stage 5 Maturity Supply Chain Planning

E2open

“Traditional supply chain planning will not work in a fast-paced digital world.” The link among Stage 5 planning maturity, algorithmic planning and the full digitalization of planning will be essential to organizations that want to deliver the full potential of their Supply Chain Planning (SCP). Read more to find out how the Technology Reference Model for Stage 5 Digital Planning Maturity brings everything together to show what a Stage 5 digital planning environment would look like.

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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.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. alone. Globally, they stood at $4.8 trillion. Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amou

Freight 60
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10 Ways Machine Learning is Revolutionizing Supply Chain Management

C3 Solutions

This post was originally posted on Forbes.com and written by Louis Columbus, Contributor at Forbes.

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9 Omni-Channel Logistics Challenges Facing Your Supply Chain

Supply Chain 24/7

Omni-channel logistics is all about providing consumers with a seamless shopping experience and is only attainable when businesses leverage their ecommerce capabilities with running both a brick-and-mortar storefront and distribution center network.