Sat.May 18, 2019 - Fri.May 24, 2019

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Letting Go of the Generational "Threat" of Technology Advancement

EnVista

Today, people do not think twice about signing up for the next gadget if it makes their life easier. Technology, more often than not, is viewed as a necessity in life. However, it is human nature to be cautious in our approach to technology, asking ourselves if this is really something we should embark upon.

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ABC Analysis of Inventory: Optimize Business Bottom Line

OptiProERP

The most common concern supply chain management experts struggle with is accurately identifying the causes of inventory inconsistencies. If a discrepancy is identified when users pick an item or perform a count, an inventory correction needs to be performed. Every inventory issue has a specific method that can be adopted to resolve it. Start by determining the most likely or easiest-to-identify possibilities and either proving them or eliminating them from the list of root causes.

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S&OP: Can You Make Decisions at the Speed of Business?

Supply Chain Shaman

Yawn. I spent time this week completing reference calls on the use of S&OP technologies. Seeking the next sequel in technology adoption, I want to write how the confluence of new technologies changed companies’ abilities to improve decisions. Based on the reference calls, I am not sure that this will be possible. What am I hearing? Eerily the case studies sound the same as the ones heard when I completed S&OP research in 2004.

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Benefits of Inventory Serial Number Tracking

EMERGE App

Regular readers will know that we’re big fans of using barcodes and handheld readers for inventory management. But did you know that you can also enjoy all the benefits and advantages of managing your internal stock with barcodes? We’ll show you when you should use serial numbers and when you should adopt barcodes in your business. First up, we’ll cover the difference between barcodes and serial numbers for practical purposes.

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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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Toward a more effective supply chain

Kinaxis

by Richard Cushing In its recent e-book, The Path to Modern Supply Chain Planning – Why the Shift from Siloed to Collaborative Is Worth the Journey , Kinaxis identifies the warning signs of ineffective planning as follows: Siloed thinking. Disconnected execution. Lack of executive focus. Poor system performance. Of course, these symptoms or signs of ineffective planning are true for supply chains.

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Supply Chain Transformation in the Oil and Energy Industry

Talking Logistics

There is a lot of discussion today about supply chain transformation, most of it focused on the consumer goods and retail industries, but there are many challenges and opportunities in the Oil and Energy industry too. It’s an industry that has a major impact on the world economy and on our personal lives. What are. The post Supply Chain Transformation in the Oil and Energy Industry appeared first on Talking Logistics with Adrian Gonzalez.

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Digitization and the Future of Supply Chains

Enterra Insights

An anachronism is “a thing belonging or appropriate to a period other than that in which it exists, especially a thing that is conspicuously old-fashioned.” People who live in Pennsylvania are familiar with anachronistic encounters with the Amish who still traverse busy streets riding in horse-drawn carriages. Their way of life survives, even thrives, because it connects to and is supported by the modern world.

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The Impact of IMO’s Low-Sulfur Requirement on Shippers

3rdwave

The impact of the International Maritime Organization’s (IMO) low-sulfur requirements on ocean carriers will reverberate far beyond just carriers when it is brought into force on January 1, 2020. Although carriers will feel the initial brunt of the regulations, the low-sulfur requirement will also have a significant impact on the shippers who use ocean carriers as the primary mode to move their product to market.

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Doing Business in the Netherlands

QAD

The Netherlands is a modern and highly industrialized country located in Western Europe. It is bordered by Belgium, Germany and the North Sea. The Netherlands was one of the founding countries of both the EU and NATO, showing that it is a nation of progressive and forward-thinking people. With a total area of 41,543 sq. km, the country is just slightly less than twice the size of the U.S. state of New Jersey.

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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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Editor’s Pick: How Virtual Reality is Transforming the Trucking Industry

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Kuebix’s blog highlights the use of virtual reality (VR) technology to train truck drivers.

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Quantum Inventory Theory?

The Smart Software

Physics at the quantum level is quite weird – not at all like what we experience in our usual macroscopic life. Among the oddities are “superposition”, “entanglement”, and “quantum foam.” Weird as these phenomena are, I cannot help seeing analogs in the supposedly different world of supply chain management. The post Quantum Inventory Theory? appeared first on Smart Software.

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‘FOOD: Bigger than the plate’ – Provenance traces the coffee at the V&A for latest exhibit

Provenance

The V&A in London, the world’s leading museum of art and design, has opened its doors to a major new exhibition exploring our modern food system. “ FOOD: Bigger than the plate ” is a sensory-filled, interactive journey posing questions at each stage of the global food business today: ‘Compost’, ‘Farming’, ‘Trading’ and ‘Eating’. “From gastronomic experiments to urban farming, this exhibition brings together the politics and pleasure of food to ask how the collective choices we make can lead

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Key Supply Chain Digital Transformation Pitfalls to Avoid

Arkieva

Supply Chain Digital transformation has the potential to be, for no better words, transformative; when done right, a transformation can enable your business to reap significant, and well-documented, benefits. On the other hand, Supply Chain Digital Transformation if executed poorly cost companies millions, go on for years, fail to deliver expected or any benefits, and ultimately end up costing some CEO and CIO their jobs.

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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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The Supply Chain of Tomorrow is Here Today

Supply Chain Collaborator

If you’re not pursuing supply chain digitization, you run the risk of being left behind! For many organizations, all the data created by today’s disparate supply chain management technologies exist in separate silos. The data is the lifeblood of digitization and these siloes are ripe for convergence. Early adopters are well on their way to realizing the amazing benefits and competitive advantage of digitization.

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Is Your Supply Chain Making an Impact?

APICS

Mismanaged waste causes hundreds of thousands of the world’s poorest people to die each year, according to a recent article in The Guardian. Many of these deaths are easily preventable, particularly those that stem from the dangers of discarded plastic.

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Foreign Trade Zone Advantages

3PL Insights

A Foreign Trade Zone (FTZ) is a special economic zone in the United States where imported goods can be stored, distributed, processed and used without being subject to customs duty fee. FTZs were created in 1934 under the Foreign Trade Zone Act. Its purpose was to create and retain employment and capital investment in the US and to increase the global competitiveness.

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Growing Old: How Aging Parts Can Lead to Supply Chain Disruptions

AFFLINK

How old is your equipment? As your equipment ages, it can lead to significant supply chain disruptions—but it can be difficult to address these problems before they become an issue. There are new practices companies can adopt and modern technology that they can leverage if they're focused on reducing supply chain disruptions. Aging Equipment Can Impact Operation.

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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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When Bad Things Happen to Good Plans

Elementum

As an industry, supply chains have invested billions of dollars in planning capabilities. This is necessary, of course, in order to efficiently produce and get products into the hands of customers. However, as an industry we have done shockingly little in the area of how to deal with reality when things don’t go to plan. A well-known quote states, “No plan survives contact with the enemy.

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What is the Key to a Successful Omnichannel Strategy for Retail?

SCJunction

Retail has spread over multiple channels, and instead of the simplified “bricks and mortar” shopping experience, customers can access products online, in-store, in-app, and more. With this diversified sales landscape, we find that consumers now expect more from their retailers – instant response, fast delivery, effective communication, and on-the-ball customer service – wherever they may purchase a product.

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How to start gaining insight in your textile supply chain

ChainPoint

When we talk to people in the textile industry, like brands and retailers, we see that most of these companies have similar goals and similar challenges. They want to create a more sustainable textile supply chain, but they don’t necessarily know how to start.

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Improving Supply Chain ROI in a Tough Tariff Environment

American Global Logistics

After duties on $200 billion in Chinese goods jumped from 10% to 25% earlier this month, businesses barely had time to blink before receiving news of yet another tranche of tariffs. These duties would cover $325 billion in goods, hitting the price-sensitive apparel sector particularly hard and taking a significant bite out of business’ bottom […].

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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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Supply Chain Rhapsody

Elementum

This ballad of balancing your plan caught fire at this year's Gartner Executive Supply Chain Summit. Listen to Elementum's ode to the heroic planner here.

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Why Mobile Barcoding is an Essential Best Practice for Oil & Gas

RFgen

Equipping your workforce with a mobility solution can help oil and gas companies mitigate cost pressures. One of the greatest challenges facing the oil and gas industry today is the need to effectively manage inventory, equipment and fixed assets in the field. With so many moving parts and materials spread out over large areas (or worldwide), often with limited connectivity, even minor bumps in supply chain processes can ripple downstream, creating delays and unexpected stoppages.

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4 Reasons for Carrying Safety Stock Inventory

EazyStock

You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due to a sudden increase in demand, meaning you’ll have to order that part and wait until you receive it to finish the order for your customer. Or maybe you’re a distributor who just received a regular order from a customer only to realize that your supplier is experiencing a longer lead time than usual for some unforeseen reason, and you won’t be able to fulfi

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Labor Management in the Warehouse to Become Key to Supply Chain Success

Veridian Solutions

Labor management in the warehouse might seem like another trivial task. At its core, labor management in the warehouse refers to scheduling and planning of team member shifts. The reality is that labor management has evolved in tandem with the rise of new supply chain software solutions and advancements in technology. Meanwhile, warehouses that use old labor management standards and provide limited access to information for employees creates a zone of distrust between management and the workforc

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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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Supply Chain Collaboration Needs Blockchain. Here's Why.

Supply Chain Brain

The race to push I.T. applications to the cloud isn’t enough to improve collaboration within the supply chain.

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The 7 Industrial Data Myths Preventing Your Operations From More Profitability and Productivity

ThroughPut

Over the years, ThroughPut has amassed a wealth of experience around creating value from industrial data. Being exposed to operations ranging from those that are chalkboard-driven to those that are fully robot-driven, we have worked with over 25 different types of data systems. We have yet to fail in finding opportunities to help operations run leaner, better, faster, smoother, and/or safer, regardless of the state of technology implementation.

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4 Reasons for Carrying Safety Stock Inventory

EazyStock

You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due to a sudden increase in demand, meaning you’ll have to order that part and wait until you receive it to finish the order for your customer. Or maybe you’re a distributor who just received a regular order from a customer only to realize that your supplier is experiencing a longer lead time than usual for some unforeseen reason, and you won’t be able to fulfi