Sat.Nov 10, 2018 - Fri.Nov 16, 2018

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Smart Logistics Data: The intelligent supply chain

SupplyOn

Smart Logistics Data enables a change of perspective to look ahead instead of backwards A supply chain has to be agile, robust and resilient. Capable of anticipating potential risks and responding in advance, detecting problems early on and flexibly circumventing them. All this requires the intelligent use of data. But how can we really make data “smart”?

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Deal or no deal: The impact of Brexit on automotive supply chains

DELMIA Quintiq

Less than three months remain for the British government and the European Union to negotiate on a highly complex exit agreement. Business leaders are getting nervous as time is very short. The United Kingdom (UK) imports the most goods by far compared to other European countries, not just final products but also parts and components for further production and assembly.

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Why probabilistic forecasting is better for inventory optimization

ToolsGroup

Editor's Note: There will be no blog next week due to the US Thanksgiving holiday. Last month we published a primer on probabilistic forecasting , an alternative to deterministic or ‘single number’ forecasting. In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network.

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LTL DIM Pricing: Why LTL Is Moving to Dimensional Based Pricing

GlobalTranz

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. The United States Parcel Service was among the last carriers to make the switch. Unfortunately, the use of LTL DIM pricing is often overlooked for a simple reason; DIM pricing is usually associated with overnight shipping and parcels, not LTL, explains

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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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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. (This was the inaugural supply chain event for the Consumer Healthcare Products Association. Checkout the presentation posted on slideshare. ). During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes. In my discussion, I used the chart in Figure 1.

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7 Best Project Management Books Ever Written

Supply Chain Opz

We rank the leading books on project management on the market using the objective evaluation and the result are best project management books ever written. What Kind of Project Management Books Do You Need? While Project Management Body of Knowledge ( PMBOK Guide by Project Management Institute) is considered a gold standard, it's just a guide to getting you to know the project management process.

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Integrating ERP and TMS: Why Your Business Needs Both Systems

GlobalTranz

Too often, ERP software is seen as the final answer to any and every distress a business may face. Built to centralize processes, increase productivity and provide end-to-end visibility of your company, why would you ever consider another solution? But more often than not, businesses focused heavily on the supply chain aren’t getting all the promised benefits of this software.

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Five Things To Know About NextGen Supply Chain Technology

PINC

In its 2018 Annual Industry Report, MHI advises companies to “think big, but start small” when implementing new technology tools and systems.

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Mobile Robotics in the Warehouse

Talking Logistics

The concept of mobile robotics is not a new one. From Grey Walter’s Tortoises to Shakey the Robot , scientists have been working for years to automate processes and alleviate hard labor on humans. While these older mobile robotics were technologically restricted to follow a path from point A to point B, today’s robots are becoming more and more advanced and more likely to replace human labor.

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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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7 Books on Project Management for Beginners

Supply Chain Opz

We rank the leading project management books on the market using the objective evaluation and the result are best books on project management ever written. In Search of the Best Project Management Books While Project Management Body of Knowledge ( PMBOK Guide by Project Management Institute) is considered a gold standard, it's just a guide to getting you to know the project management process.

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[PODCAST] Why Supply Chain Executives are Paying More Attention to Transportation Management

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we share a guest podcast from our friends over at Marketscale featuring our very own “The Freight Project Podcast” host, Marketing Manager, Adam Robinson regarding how more supply chain executives are getting involved in transportation management to reduce costs and overall effectiveness.

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Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

The Logistics of Logistics

download the audio file. [00:21] Opening / Introduction. [01:04] Erik, please tell us about your background? Where did you grow up? Where did you go to college? Joined Loadsmart in April 2018. Previously, Erik was the Director of Strategy at AFN, a Chicago-based truckload brokerage. Prior to his time at AFN, Erik was the Executive Vice President of CarrierDirect, a boutique strategy consulting firm and advised companies such as Werner Enterprises, Worldwide Express, and BlueGrace Logistics.

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This Week in Logistics News (November 12-16, 2018)

Talking Logistics

We received the first snow of the season last night, followed by heavy rains. It’s a slushy mess out there. On the bright side, my daughter is coming home today for Thanksgiving break, so we’re all very excited to see her. I know I’m a few years late, but I started binge-watching Downton Abbey last week (I’m on episode 7, season two). I’ve started calling my wife “My lady” but she hasn’t come around to calling me “My lord” just yet.

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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

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Is Community Intelligence the next AI wave?

Arkieva

Most of us have had some exposure to the “AI Awakening” wave that has emerged over the past few years. Of particular interest to Arkieva and its customers is how this “new technology” integrates with the ongoing journey of creating more intelligent supply chain decision-making process to improve organizational performance. Is Community Intelligence the next AI wave?

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. How quickly do customers receive products? How much are they willing to pay to receive those products faster? Were any shipments damaged or otherwise subject to cargo insurance claims? What could we as a company do better? Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain.

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How Shoppers and Retailers Can Reduce Waste This Thanksgiving

Elementum

Concerns about food waste and changing consumer preferences are posing new challenges — and opportunities — to the food supply chain. Increasingly, retailers are making their Thanksgiving supply chains more efficient, prioritizing sustainability, freshness, and satisfied customers without compromising profit. For most of us, Thanksgiving is a time to reconnect with family and celebrate abundance.

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No-touch nonsense

Supply Chain Movement

Given the rapid advancement in the capabilities of analytical software, the long-held dream of fully automated supply chain planning seems to be within reach at last. According to several consultants at McKinsey, ‘no-touch planning’ will enable a continuous, seamless closed-loop cycle of fully automated planning and re-planning, increasing accuracy and efficiency for both companies and their customers.

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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

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Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Check out Disaster Strikes!!! Is Your Supply Chain Ready To Recover? A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation.

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6 positive impacts of becoming an in-house manufacturer

TradeGecko

You’ve learned the basics of product manufacturing , successfully crowdfunded your project , and developed a Bill of Materials. Now it’s time to start thinking about who will manufacture your product.

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5 steps for Procurement to impact on financial results

Claritum

Claritum Article - Procurement Blog. Contents. Introduction. Step 1. Remove the noise. Step 2. Address Procurement Strategy. Step 3. Focus Procurement on supplier optimisation. Step 4. Don’t lose Procurement’s focus on costs. Step 5. Keep Procurement up to date. Summary. Introduction. Procurement is a complex multidisciplinary team activity that crosses all areas of the business.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Directly or indirectly, you are affected. Procurement is what sets entire supply chains and their organisations in motion.

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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 Amazing Supply Chain of Chocolate Easter Eggs

Supply Chain Game Changer

Subscribe Here! Email Address. Article written by Chloe Cooke and originally published on [link] Permission to publish here provided by David Weaver. Check out The Baby Supply Chain! At the end of this month, the festival of Easter will begin. Aside from the religious connotations, many people automatically associate Easter with the legend of the Easter bunny delivering chocolate Easter eggs to children.

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The Best of Both Worlds: Integrating Inventory Management Software and Accounting Software

Unleashed

Inventory management software has become an indispensable tool for many successful business owners who recognise the importance of accurate inventory management. Likewise, accounting software is invaluable for even small businesses, providing key data on business performance. Even for new business owners, it doesn’t take long to recognise the importance of inventory management software and accounting software alike.

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Quiz: How Well Do You Know Your Supply Chain?

SupplyPike

Navigating the supply chain industry is challenging, exciting, and full of opportunities. Do you consider yourself an expert? Somewhere in the middle? Maybe you’re just starting out? Take a break from the day to day and see how much you know! The post Quiz: How Well Do You Know Your Supply Chain? appeared first on SupplyPike - Where supply chain happens.

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4 Things We Learned this Hurricane Season About How Companies Use Tech to Help Communities

BlueYonder

Hurricane season has rolled through and there’s just a few weeks left. This year’s season included two major storms and eight hurricanes total. So, what can we learn as businesses and bystanders in the aftermath? Here are four ways companies prepare for impact to support their local communities in the eye of the storm: They keep eyes on the cone. It’s not an exact science, but there is an undeniable art to storm preparation.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Subscribe Here! Email Address. Guest blog post provided by Milan Vyas. Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

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The Growth of Inventory Management

Unleashed

Inventory management originated even before the Industrial Revolution and has certainly evolved with time and expertise to become what it is today. The need for inventory management has always existed where trading was a livelihood and the stock management was imperative to protect one’s resources. The Industrial Revolution ushered in a boom in trade where mass production was required which, of course, placed more pressure on crude inventory management techniques and so new systems emerged.

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5 Practical Uses of Blockchain for Supply Chain (and why it's ok if you're not using it yet)

Freight Plus

Blockchain is the talk of the town in supply chain circles but should shippers start using it now? The answer may surprise you.