Unleashed

OCTOBER 9, 2018

When many businesses forecast demand, even the most studious companies will not get it 100 percent accurate, instead of perfection, the focus should be on minimising errors. Planning is one of the core functions of supply chain management that can help minimise errors and thus increase the accuracy of forecasting demand. Understanding and predicting customer demand is vital for businesses to avoid stock-outs, maintain adequate inventory stock levels and increase overall profitability.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Supply Chain Planning Software 58

ToolsGroup

OCTOBER 9, 2018

Sales and Operations Planning (S&OP), a process often focused around a monthly meeting, is evolving into a more continuous process. A recent whitepaper by supply chain planning and optimization firm Optilon explains why and how. S&OP is a process where decisions are traditionally made once a month as a part of an executive review. But the infrequent nature of the decision making often leads to a gap between S&OP and operations.

S&OP 191

S&OP Supply and Demand Supply Chain Software Gartner 191

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Kinaxis

OCTOBER 9, 2018

by Jonathan Lofton I recently rented a car featuring steering assist and intelligent cruise control. Now, I’m used to driver assist technologies as my vehicle has blind spot warning and front and rear collision warning, and braking. My wife’s car has a heads-up display as well as steering wheel vibration when you stray onto the lane lines, but when driving this rental, I felt the car was actually steering itself back into the lane when it drifted astray.

Supply Chain Design Software 175

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 175

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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.

Big Data

SCM Research

OCTOBER 9, 2018

“Cigarette production and consumption have seen dramatic growth in recent decades and although the health effects of smoking are widely recognized, its impacts on the environment are largely overlooked”, the authors of a new World Health Organization report argue, which is titled Cigarette Smoking: An Assessment of Tobacco’s Global Environmental Footprint Across Its Entire Supply Chain (pdf).

Global 112

Global Report Food Resources 112

GlobalTranz

OCTOBER 9, 2018

Demand for e-commerce capability is increasing. E-Commerce requires intense coordination between supply chains and an understanding of how to achieve maximum efficiency in all modes of transportation, explains BigCommerce.com. When it comes to over-the-road (OTR) shipping, e-commerce becomes even more difficult, requiring advanced knowledge of various carriers, rates, HOS regulations, the ELD mandate and more.

Cost Reduction Strategies 210

Cost Reduction Strategies Shipping Resource Reduction Logistics Network Optimization Software 210

River Logic

OCTOBER 9, 2018

Growing up in a small oilfield town, we didn’t have a McDonald’s; we had Joy’s Grill. Joy, the owner, and his wife, Wanda, ran a straightforward automated operation in their diner with one row of booths and a counter open to the grill. She took the orders and yelled out “mash one,” which queued Joy to throw another patty on the grill. He finished the order, Wanda served, and whoever had a free hand, rang up the checks at the register.

Supply Chain Software 105

Supply Chain Software Analytics Supply Chain Supply and Demand 105

PINC

OCTOBER 9, 2018

Leading supply chain and logistics publication includes PINC, the leading provider of real-time digital inventory solutions, to its annual list of 100 Great Supply Chain Partners.

Supply Chain 100

Supply Chain Supply and Demand Inventory Logistics 100

Talking Logistics

OCTOBER 12, 2018

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. This is the first time in many years that I’ve had to assume all of her responsibilities in managing the complex operations of a house with three kids (our oldest child is in college, which you would think would make things easier, but she lost her prescription eye glasses, so I had to pick up a new pair at the store, box them up, drive to the post office, and stand in line to mail them to her.

Logistics Network Optimization Software 102

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 102

Advertiser: GEP

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.

Supply Chain Software

GlobalTranz

OCTOBER 10, 2018

Final mile and last mile both referred to the final stage of delivery, and the use of last mile in e-commerce can mean the difference between a positive customer experience and a return. Simply not delivering a package on time will dramatically increase the rate of returns, and poor last mile in e-commerce delivery can contribute to increasing logistics costs.

Cost Reduction Strategies 160

Cost Reduction Strategies Resource Reduction Freight Negotiating Skills 160

Enterra Insights

OCTOBER 10, 2018

As recent events demonstrate, science fiction often turns into science fact. Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Supply Chain Network

OCTOBER 9, 2018

Since the inception of EDI (Electronic Data Interchange) in the early 1970’s logistics professionals have always taken for granted the accuracy of EDI tracking transactions sent for various activities across their global supply chains. But this may need to be rethought now that Satellites and AIS technology are being applied, and are capturing the “truth” about these activities, by monitoring actual ship movements and by comparing this to the related EDI arrival transactions fo

Supply Chain Software 114

Supply Chain Software Predictive Analytics Software Missouri Expense Reduction 114

Elementum

OCTOBER 8, 2018

Hurricane Michael is approaching Florida via the Gulf Coast, threatening to rise from its current Category 1 status before making landfall on Wednesday. Just like with last month's Hurricane Florence in the Carolinas, Michael is going to bring storm surge, heavy rains, and severe winds throughout the state. A state of emergency has already been declared in 26 counties, and residents and businesses in the storm's path are on high alert.

Supply Chain Software 79

Supply Chain Software Forecasting Forecasting Software Supply Chain 79

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.

Report

DAT Solutions

OCTOBER 10, 2018

Hurricane Michael has made landfall with the Florida panhandle as a very scary Category 4. That is the second-highest category, with winds of 130 to 156 MPH. You can imagine what kind of damage that can do to buildings and highways, let alone a truck, so if you are in or near the Gulf Coast of Florida or Alabama, or anywhere in the path of the storm, PLEASE seek shelter and make safety your one and only priority.

Freight 70

Freight Florida Alabama Georgia 70

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. With 3,000+ attendees and 100 sessions at the event, the content addressed a wide range of supply chain opportunities and challenges. TMC’s participation included two different panel discussions; one was an overview of our Truckload Leader or Laggard research with MIT, which you can learn more about in my pre

Price Reduction 62

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 62

CHAINalytics

OCTOBER 8, 2018

An organization’s packaging operation provides an excellent starting point for driving warehouse efficiencies and should be considered as a major contributor to your supply chain performance. Packaging inefficiencies often lead to a number of issues that can quickly accumulate into a hefty bill. Here are a few steps your organization can take to avoid costly … The post 3 Key Steps to Improving Packaging Efficiency appeared first on Chainalytics.

Packaging 61

Packaging Supply Chain Performance Warehousing Supply Chain Optimization 61

Arkieva

OCTOBER 10, 2018

How to determine when to use a best-fit analysis and when to use prediction techniques for demand forecasting analysis. Demand Forecasting Analytical Methods: Fit Vs. Predict was first posted on October 10, 2018 at 11:45 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

Forecasting 60

Forecasting Predictive Analytics Supply and Demand Analytics 60

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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.

Agile and Lean Supply Chain

DAT Solutions

OCTOBER 9, 2018

Spot market line haul rates are now only 5% higher for vans now than they were a year ago, rising from $1.74 to $1.83 per mile not including the fuel surcharge. And the number of van loads that have moved in early October is nearly identical to 2017. You’d expect this season to be more different from early October 2017, when Hurricanes Harvey and Irma still had a massive impact on supply chain operations.

Freight 70

Freight Denver Oklahoma City Los Angeles 70

Elementum

OCTOBER 8, 2018

Hurricane Michael is approaching Florida via the Gulf Coast, threatening to rise from its current Category 1 status before making landfall on Wednesday. Just like with last month's Hurricane Florence in the Carolinas, Michael is going to bring storm surge, heavy rains, and severe winds throughout the state. A state of emergency has already been declared in 26 counties, and residents and businesses in the storm's path are on high alert.

Supply Chain Software 60

Supply Chain Software Forecasting Forecasting Software Supply Chain 60

CHAINalytics

OCTOBER 10, 2018

Realizing the benefits of a continuous engagement, a leading department store chain partners with Chainalytics to strategically realign their distribution network in order to remain competitive in an evolving retail environment. The strategic business challengeAs one of the most rapidly changing industries, retail is in an era of significant transformation.

Network Optimization 60

Network Optimization Distribution Supply Chain Optimization Price Mitigation Strategies 60

EcoVadis

OCTOBER 12, 2018

In 2015, the world got one step closer to a better future when 193 countries committed to the UN’s Sustainable Development Goals (SDGs), a framework for addressing the global community’s most critical economic, social and environmental challenges. These goals aim to eliminate poverty and hunger, promote global access to healthcare and education, protect earth’s natural resources, achieve gender equality, and more.

Supply Chain Design Software 64

Supply Chain Design Software Sustainability Supply Chain Design Supply Chain Software 64

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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.

Analytics Software

Material Handling & Logistics

OCTOBER 9, 2018

The supply chain attack could have siphoned corporate secrets and government information while leaving few fingerprints. This week there was a blockbuster Bloomberg Businessweek report about U.S. investigations into a digital attack that involved planting snooping devices in the kinds of circuit boards used by Amazon, Apple, the U.S. government and other important organizations.

Supply Chain Design Software 62

Supply Chain Design Software China Supply Chain Software Supply Chain Design 62

Unleashed

OCTOBER 11, 2018

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It involves leveraging data and analytics about your product and the market to closely predict customer demand over a particular time frame. It’s a crucial aspect for many companies and inherent in more reliable demand forecasting is demand planning.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Demand Planning Software 58

Insights Solutions Global

OCTOBER 12, 2018

What to do if you want to reduce risk, reduce cost, and improve supplier performance in the supply chain? Assessing or evaluating your suppliers could be a good place to start. And how you can assess your suppliers?

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Supply Chain Supply and Demand 52

EHS Sustainability Knowledge at Work

OCTOBER 10, 2018

The digital revolution is enabling a transformation of systems and processes, making organisations leaner, greener and more able to respond to market changes. Innovations such as machine learning, artificial intelligence (AI), mobile payment systems, and satellite imagery, have been widely adopted for good reason as companies across sectors aim to take advantage of new customer desires and demands.

Sustainability 56

Sustainability Modeling Software Supply Chain Network Software Data 56

Advertiser: GEP

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.

Optimal Sourcing

Provenance

OCTOBER 9, 2018

We’re looking for an enthusiastic Business Development Executive to join our team to help expand our SME user base, with an initial focus on retailers, food brands and ingredient suppliers – helping them to provide increased transparency about the origin, journey and impact of their products to their customers. This is a brilliant opportunity for someone in the early stages of their sales career to join a rapidly growing tech startup, working with some of the most innovative technologies o

Supply Chain Software 56

Supply Chain Software Buyer Training Purchasing Training Europe 56

Unleashed

OCTOBER 8, 2018

An unconstrained demand forecast might seem over optimistic, but for a business to take full advantage of market growth opportunities it is essential to dream big. Particularly for companies using online inventory management systems, it’s easy to create both constrained and unconstrained demand forecasts that each represent valuable snapshots of what your business is, and what your business could be.

Forecasting 56

Forecasting Forecasting Software Demand Planning Software Supply and Demand 56

Hybrent

OCTOBER 10, 2018

We are breaking down supply chain management to celebrate National Healthcare Supply Chain Week to help your team bring back the focus to what matters most: patient care.

Supply Chain 56

Supply Chain Supply and Demand 56