Sat.Apr 14, 2018 - Fri.Apr 20, 2018

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The Data Needed to Transform Supply Chains

Talking Logistics

Last fall after attending the CSCMP conference in Atlanta, I shared my observation that digital transformation is now a central theme in the industry. Many of you have had the same observation. This isn’t breaking news, but it is new for the industry. Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed.

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11 Best Practices to Ship Parcel Like a Pro

GlobalTranz

Shippers face an uphill battle against Amazon and the big box retailers. These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy.

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Leveraging Technology to Optimize Your Transportation Business

Logistics Viewpoints

The transportation industry is currently facing a number of daunting challenges. New government policies and regulations and a worsening driver shortage are forcing transportation specialists to reevaluate and change their business practices. Thankfully, there are a number of new technologies available to help the industry get back on the right track.

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Want to disrupt your supply chain? Check out this new analytical tool

ToolsGroup

Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree. Prior to founding b2i, he was a leader in PwC Advisory's Operations and Supply Chain Management practice, and he is the 2018 chairman of the board of directors for APICS.

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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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Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. In my view, the connected supply chain is very, very different from the integrated supply chain. Here, in this blog post, I want to provoke teams to think through the differences, and really question what they are asking for. Some History. In 2002 I worked for Gartner Group in the business applications practice.

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Essentials of Blockchain and Smart Contracts in the Supply Chain

The Network Effect

Bitcoin steals the limelight, but blockchain and smart contracts offer considerable benefits to business and the supply chain. Here are. The post Essentials of Blockchain and Smart Contracts in the Supply Chain appeared first on The Network Effect.

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Patient-centric networks at the heart of pharmaceutical supply chain management: Lessons from LogiPharma Europe 2018

Kinaxis

by Dr. Madhav Durbha With the Alps as a backdrop, LogiPharma Europe 2018 proved to be both energizing and thought provoking. In early April I attended the LogiPharma Europe 2018 conference in Montreux, Switzerland, an event that attracted more than 800 attendees, including practitioners and executives from pharma and medical device industries, along with software vendors and many service providers.

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Five Tips for Improving Demand Planner Effectiveness

Logility

A forecast is more than a projection of future business; it is a request for product (or a request for resources to ensure supply of a product). Forecast accuracy is crucial for achieving both customer service goals as well as ensuring proper utilization of resources to drive profitable business growth. Given the critical role of the forecast it amazes that today supply chain organizations still routinely rank inaccurate forecasts as a major obstacle in meeting their supply chain goals.

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5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Talking Logistics

The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead. Ocean Shipping Contracts: 5 Factors to Keep in Mind. 1.

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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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Supply Chain Software Sector Gains From Patient Investors

Logistics Viewpoints

Supply chain software companies have been garnering some major investments. Some quiet investments from patient investors are reshaping the industry, These supply chain software companies are benefiting from patient investors. The investors, in turn, are keen on software companies with network solutions. These "digital" companies are seen as having the opportunity to create new types of value for their clients.

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Drone-Powered Digital Inventory

PINC

Even though 90% of inventory is stationary in the supply chain, according to industry experts, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99% *. In retail stores, this number drops to below 60% **. That’s because most of the inventory management process is still a manual activity.

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The Value of Robotic Process Automation (RPA)

NFI Industries

Identified as a top 2018 supply chain technology trend by Gartner, Robotic Process Automation (RPA) has emerged as a useful tool that could potentially lead to more strategic decision-making. 1 RPA is a technology application that equips tools with the ability to mimic predictable and repetitive tasks. 2 Tools can range from configuration within software to a.

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Digitizing the Global Supply Chain: Three Ways to Create Value

Talking Logistics

The process of digitizing global supply chains continues to generate a lot of interest and discussion in the industry, perhaps because it’s really about embarking on a transformational journey. While the end destination offers some great potential benefits, there are some key questions for many companies, including: are we even ready to get started?

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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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What is a Demand-driven Supply Chain?

Arkieva

A?Demand-driven Supply Chain (DDSC) is defined as a supply chain management method focused on building supply chains in response to demand signals. The main force of DDSC is that it is driven by customer demand. In comparison with the traditional supply chain, DDSC uses the pull (Demand pull) technique. It gives the market opportunities to share more information and to collaborate with others in the supply chain.

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Four Key Steps to Drive Efficient Supply Chain Planning for Manufacturers in the 21st Century

CHAINalytics

| By Grace Diffenbacher | Senior Consultant, Integrated Demand and Supply Planning | Chainalytics | Companies, specifically manufacturers, are struggling to keep up with the pace of 21st century demand. How is this still a relevant topic 18 years post “Y2K?” Shouldn’t it sound as outdated as computer programs operating with only two digit year … The post Four Key Steps to Drive Efficient Supply Chain Planning for Manufacturers in the 21st Century appeared first on Chain

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Sustain 2018: Now Is the Time to Change the Mindset and Embrace the Impossible

EcoVadis

More than 500 procurement and CSR professionals along with representatives of international organizations and NGOs gathered for EcoVadis’ annual conference in Paris on April 10-11 to collaborate, exchange best practices and discuss their shared vision for sustainable supply chains. . Now Is the Time. The conference theme “Now Is the Time” was present in nearly all sessions and presentations, but perhaps the most compelling call to action came from the first of the two keynote speakers, Isabelle

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This Week in Logistics News (April 16-19, 2018)

Talking Logistics

I am in Minnesota today, at the CSCMP Twin Cities Roundtable Annual ½ Day Seminar , where I am participating in a keynote session with Rick Blasgen (President & CEO of CSCMP) and Steve Raetz (Director Research & Market Intelligence at C.H. Robinson). The focus of our session is “Today’s New Normal” — a discussion about emerging trends and technologies in the industry, everything from e-commerce to blockchain, and what it means for supply chain and logistics professionals.

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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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Tips for Optimizing Your Entire Supply Chain Planning Process

Arkieva

Optimizing your supply chain involves looking at the entire process, and not just the initial solution. Here’s an example of how. Tips for Optimizing Your Entire Supply Chain Planning Process was first posted on April 17, 2018 at 8:15 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Evolution of the Warehouse: How it Adapted to E-Commerce and New Technology Trends?

AFFLINK

Today’s Warehouses Are Much Different Due To E-Commerce. You probably know that e-commerce sales have been soaring over the past few years. This website shows that retail e-commerce sales grew roughly 25 percent annually worldwide from 2014 to 2017. Statista , a statistics website, also reports that e-commerce’s share of retail sales has risen from 5.8 percent in 2013 to a projected 10 percent in 2018.

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Growing Women in Supply Chain Leadership

BlueYonder

This week, Wednesdays for Women features a Q&A with Heather Sheehan, Executive Director of AWESOME (which stands for achieving women’s excellence in supply chain operations, management and education). Heather’s career spans more than 30 years in the manufacturing and transportation industries, with leadership positions in procurement, logistics and marketing at Danaher, Honeywell, Union Pacific Corporation and NCR Corporation.

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The Jury is Still Out on the Death of Retail

MIT Supply Chain

As industry bankruptcies continue unabated and technologies such as conversational commerce make it easier for consumers to buy goods online, it seems that bricks-and-mortar retailing is doomed. But attendees at the Crossroads 2018 conference were not so sure. Yes, many more businesses will yield to the growth of e-commerce, but others will redefine traditional retailing […].

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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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Moving Beyond Spreadsheets for Responsible Supply Chains

SupplyShift

I love Excel. There, I said it. It is an incredibly powerful, versatile tool that I’ve used for everything from finance to carbon modelling. With such a powerful tool, there is a temptation to use it for almost every business need. When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers.

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Fulfillment Improvements Essential in Light of High-volume 2017 Holiday Sales

RFgen

The 2017 holiday shopping season left us with plenty to learn moving forward. It’s only April but, if you’re in retail, chances are you’re beginning to unpack the 2017 holiday season and explore what you can improve upon for next year. If you’re hoping to upgrade elements of your supply chain management plans, it’s time to get moving.

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Warehouse of the Future: Adopting Automation within Your Supply Chain – Part 1 of 2

BlueYonder

There’s currently a digital supply chain transformation that’s happening faster than the physical supply chain can react, requiring hybrid solutions in semi-automated environments where humans and robots work in tandem. New incentives to modernize operational capabilities should be added that capture efficiencies not previously achieved, while laying the foundation of a digitalized supply chain, continuously re-evaluating plans and evolving for performance.

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FTZ vs. Bonded Warehouse (infographic)

3PL Insights

In the supply chain, there is much more to consider beyond the transportation of goods. Different types of warehouses might be more beneficial for specific goods. Often, goods are manufactured in China or other East Asian countries, and then sent to another country for assembly/storage, and sent elsewhere across the world. It stands to reason that a company would want to manufacture their goods in an area that would optimize the time needed to assemble and ship a product, with the most monetary

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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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How same day delivery can work for you and your customers

Deliv

Billions of dollars are spent every year on products and goods. From online shopping to classic brick and mortar, consumers are shelling out cash in exchange for clothes, groceries, and everything else that makes up our material lives. What consumers tend to overlook—but a factor retailers and manufacturers are well aware of—is the numerous touchpoints it took to get the consumer their purchase; factories, shipping vehicles, distribution centers, retailer locations, and delivery fleets all make

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Mobile Data Collection Essential as Warehouse Management Systems Rise

RFgen

Modern data collection solutions are critical for organizations hoping to leverage advanced warehouse management systems. Implementing large-scale warehouse automation and management platform can be an attractive idea. However, contemporary technologies are heavily reliant on strong data architectures. Businesses that want to innovate need mobile data collection tools in order to gather information and share it across the organization.

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How Crowdsourcing Can Help to Assess Financial Risk

Supply Chain Brain

Over the years, the concept of the wisdom of crowds has been applied to any number of predictive efforts, from sports and entertainment to economic trends. Now it has emerged as a tool for assessing the financial stability of suppliers and other supply-chain partners. The concept is embodied in a financial-risk score known as FRISK, developed by CreditRiskMonitor.