Sat.Feb 22, 2020 - Fri.Feb 28, 2020

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In Pursuit of the Cognitive Supply Chain

Enterra Insights

In many digital transformation-focused discussions, the “enterprise” and the “supply chain” are separate conversations. Separating the discussions is a mistake. Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[1] In other words, the enterprise and its supply chain must transform in lockstep.

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Achieving your TMS investment goals means leaving the “happy path”

CHAINalytics

Transportation Management Systems (TMS) can be transformative tools. If correctly selected and implemented properly, a TMS can deliver 5% to 10% a year in freight savings and related efficiencies, according to many estimates. That’s the exciting part. The not-as-exciting, though essential, part comes in deciding how to develop and implement such a system.

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

Remember the Peter, Paul and Mary song, Puff the Magic Dragon ? It was a song from my youth. While there is a raging debate on song intent— Was the goal of the song to celebrate a children’s story from Oliver Wilde about the loss of innocence or is it a statement about the use of drugs? —in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee.

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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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Forecast Accuracy at the SKU Level is Achievable

Logility

Over my 25+ year supply chain career I have worked for several distribution-intensive companies and every single one of them had a focus on improving forecast accuracy. Achieving a high SKU level forecast accuracy is a top goal for supply chain planning teams regardless of industry, size, location, etc. It’s no secret that an improvement in forecast accuracy, especially at the SKU level, can have a significant impact in reducing downstream supply chain costs and improving customer service levels

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What is Supplier Relationship Management (SRM)?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Regardless of what industry your company is in you are dependent on suppliers to operate your company. Thus it makes sense to have a Supplier Relationship Management program. Suppliers provide components for products you manufacture and sell.

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The Evolution of a Supply Chain Planning Support Team

DynaSys

From a small local player …. When I joined “DynaSys SA”, 16 years ago, the company was an independent French provider of Supply Chain software. Everything was done locally at that time: R&D, Sales Rep, Project Management team, and Executives were in the same building. For any question, you just had, in the worst case, to climb two floors up to ask it directly to the right person.

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Supply Chain professionals with the right skills

Prophetic Technology

The potential Supply Chain ( SC ) professional will need to acquire the essential skills of tomorrow, so greatly differing from today; the skills focusing on the SC, in particular, are recognised to be crucial for a better-functioning of the SC professional of the future.

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Supply Chain Productivity: The Role of Employee Engagement

GlobalTranz

Whether you operate as a small local supply chain or work with international partners and investors, engaging your employees on a more personal level can drastically improve your bottom line going forward. According to Forbes, highly engaged teams exhibit 21% greater profitability, with a 41% reduction in absences and 59% less turnover, improving not only.read More.

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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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A Manufacturer’s Guide to E-Commerce Fulfillment Excellence

Talking Logistics

There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?

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Editor’s Choice: Retailers Vaccinate Supply Chains Against Coronavirus

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Coronavirus, and the supply chain impact are being felt worldwide. As my colleague Steve Banker and I wrote about last week, coronavirus is leaving its mark on the global high tech supply chain as well as the automotive and pharmaceutical supply chains.

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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11 Inventory Management Best Practices & the Role of Technology

GlobalTranz

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1.

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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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How to Choose the Right 3PL TMS Software for Your Business

3GTMS

Today’s shippers expect higher levels of shipping visibility, efficiency and response times from 3PLs, which is leading these LSPs to migrate to new technology. Learn more. The post How to Choose the Right 3PL TMS Software for Your Business appeared first on 3GTMS.

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Closing the Gap Between Planning and Execution

Logistics Viewpoints

Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area. The post Closing the Gap Between Planning and Execution appeared first on Logistics Viewpoints.

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts. As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. Other recent examples include Mercedes-Benz’s pilot project for using blockchain to track CO2 emissions and Perrier’s program winners for developing sustainable and circular pack

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Carrier Management 2020 Trends: The Year of Tech-Driven Collaboration

GlobalTranz

Carrier management 2020 trends range from the need to leverage data through the ability to work together and save money. As reported by FreightWaves, collaboration allows businesses to remove excess costs from the enterprise. Robert Garner, vice president of supply chain for Republic Plastics, a privately held company that produces disposable tableware for private labels,read More.

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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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Bringing Digital Inside the Grocery Store

Enterra Insights

Recently, a few grocery chains have declared bankruptcy or sold off store locations. Like other economic sectors, the grocery sector is not immune to changes in the Digital Age. A few years ago, Chris Morley ( @ChrisMorley_ ), President of Nielsen’s largest market (i.e., packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse.

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Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all…

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Will the Coronavirus Epidemic Serve as a Wakeup Call for Global Supply Chains?

Supply Chain Brain

The coronavirus is not to be taken lightly. As of mid-February, the number of cases worldwide had risen to more than 64,000 globally, 63,000 of which were in China, with the death toll at almost 1,400 and climbing.

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Freight Pricing 2020 Trends: What Should Shippers Know?

GlobalTranz

Freight pricing continues to change across the globe. According to Darren Dodson of Material Handling & Logistics, the state of e-commerce will drive the majority of freight rate changes as more than 8.6 billion packages will make their way to U.S. customers in 2020. Traditional demands of the supply chain market, including increased visibility, better.read More.

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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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Turning supply chain events into an experience

Supply Chain Movement

We’re living in the ‘Experience Economy’ nowadays. Shops can only survive if they offer an experience; consumers go online if all they want is convenience. For example, Siemens has opened a ‘house of inspiration’ in the Netherlands where potential customers can try out kitchen appliances before they buy. So why are most supply chain conferences still so terribly dull?

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Third Annual GLOBE Awards Honor Excellence in Transportation Logistics

Supply Chain Collaborator

Awards Program Sponsored by UltraShipTMS Honors Transportation Excellence at Altria, Perdue Farms and KeHE Distributors. February 24, 2020 – Fair Lawn, NJ – Its time again for the annual GLOBE Awards program, recognizing excellence in the utilization and promotion of leading-edge technologies supporting effective transportation planning, execution and management. .

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Optimization and Central Planning: Compass or Advanced Navigation

Arkieva

Two ongoing questions are: (1) when an organization migrates from an Excel-based central/supply/master plan is it best to go to a rule-based method or an optimization-based method and (2) is optimization a compass that identifies true north or is it an advanced navigation system. This blog outlines my view and alternative views on each question. Optimization and Central Planning: Compass or Advanced Navigation was first posted on February 26, 2020 at 8:07 am. ©2017 " Supply Chain Link B

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Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer

CHAINalytics

Chainalytics helped a global food manufacturer optimise its inventory levels for a number of SKUs in India and China resulting in reduced working capital requirements and less product waste. Since food and beverage products have a short shelf life, there’s a big upside to getting inventory levels just right. So when our client, a Fortune … The post Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer appeared first on Chainalytics.

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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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A Checklist for a Manufacturing Company Internal Audit!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cyber Security: The Weakest Link is Your Biggest Risk! Internal audit article and permission to publish here provided by Angela at Reciprocity Labs. Today, manufacturing firms face increasing threats from cybercriminals targeting weaknesses in SCADA (supervisory, control, and data acquisition) systems.

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Learn to Save Your eCommerce Business Money With Inventory Control

Unleashed

There’s never been a better time to operate an eCommerce business. Shoppers are prolifically turning to online shopping for whatever they need. Whether it’s clothing, food, sports gear or even toiletries, people constantly seek it out on the internet. They compare prices, try to get the best deal and maximise their convenience. There’s a lot of competition and as an eCommerce business owner, you need to do whatever you can to keep your prices low and attractive to buyers.

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How to Reduce Last-Mile Delivery Costs

20Cube Logistics

Last-Mile Delivery is a keyword in the supply chain logistics industry with respect to moving of consignment to its final destination. Why is it so important? The reason is simple; customer satisfaction completely depends on the last mile or the final delivery. In addition, last-mile delivery is the most expensive and time-consuming part of the shipping process.