Sat.Apr 06, 2019 - Fri.Apr 12, 2019

article thumbnail

What has the Duke of Wellington got to do with supply chain planning?

Valogix

What You Don’t Know but Soon Will.

article thumbnail

Why Every Brand Needs Exception Recovery

Convey

There is a big problem in retail that nobody talks about. It has a […]. The post Why Every Brand Needs Exception Recovery appeared first on Convey.

Retail 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Key Benefits of Using Mobile Barcoding in Your Warehouse

RFgen

Mobile barcoding not only maximizes productivity, but makes warehouse tasks easier and less physically intensive, contributing to employee satisfaction.

article thumbnail

Automation in the Warehouse Creates Positive Customer Experiences

Veridian Solutions

The customer experience Is everything to modern supply-chain management and success. Positive customer experiences translate into repeat purchases and positive word-of-mouth advertisements through social media. Unfortunately, retail and supply-chain functions are becoming more automated and less personal. The lack of a human element in many interactions creates significant risk for poor customer experience.

article thumbnail

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.

article thumbnail

Why using supplier data effectively will spark your growth

HICX Solutions

When problems with your system arise, it’s all too tempting to blame the system itself, rather than considering other potential root causes. Scenarios like this usually see companies trying to implement a replacement system and going through wholesale change, seeing it as something of a magic bullet. An easy win. However, the truth is that this is often a case of simply investing more, rather than investing smarter.

Data 40

More Trending

article thumbnail

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. Amazon sells more than 3 billion products through 11 different country marketplaces globally. In the U.S. alone, Amazon introduced 208 million new products in 2018 — most of which are slow movers, or ‘long-tail’ items.

article thumbnail

The Amazon Effect is the New Walmart Effect

GlobalTranz

In 1994, Amazon.com founder Jeff Bezos read a statistic that the Internet had been growing at 2300 percent annually. He fashioned that changing tide into a business plan that has been breaking barriers across supply chain and e-commerce that has left an indelible mark. But, is Amazon worried about the new “Walmart effect?” Beginning with.read More.

article thumbnail

Who Will Win?

Supply Chain Shaman

Over the last month, venture capitalists looking at the supply chain market called 3x/week. I know of five companies for sale. Sharks are in the water. The calls follow a predictable pattern. The first is to identify the potential available market. My response is, “The current market is smaller than the potential. Today, companies are waiting for the next evolution of planning software.

article thumbnail

AI and All That – Ivalua Now Looks to the Future

ivalua

The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. (Now there’s an interesting question – if AI had a flavour, what exactly would it be? Fresh mint, maybe? Or aluminium, perhaps?) Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here.

article thumbnail

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.

article thumbnail

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

[00:21] Opening / Introduction. [00:42] Introduce yourself and your company. I am the Founder and CEO of Customodal, based in Marshfield, WI, [01:59] Tell us about your background. Where did you grow up? Go to school? What was your major in college? I grew up mostly in Madison, Wisconsin. I enrolled in the forestry program at the University of Wisconsin, but two years in I had an epiphany that I wanted to pursue business.

article thumbnail

Inbound Freight Collaboration: How a TMS Creates Harmony Between Shippers, Vendors, and Carriers

GlobalTranz

Today’s supply chains suffer from egocentric mindsets. Organizations are always looking out for number one, and while that remains vital to success, failure to work with other parts of your supply chain will lead to severe consequences. These consequences include higher freight spend, poor dock scheduling, increased carrying cost of inventory and more.

Freight 125
article thumbnail

Blockchain is Coming to Transportation – Here’s How

Talking Logistics

The transportation industry has long discussed blockchain with a healthy dose of skepticism or has taken a wait-and-see approach to its adoption. But lately, we’ve started seeing more optimism and ideas for blockchain’s use, especially as it emerges as a possible solution to shipment visibility and carrier communications. The industry has traditionally struggled with visibility, but there have been some significant advances of late.

article thumbnail

Supply Chain Complexity and Technology

Enterra Insights

As the world becomes more complex, people seem to long for simpler times. The problem with such daydreams is that “simpler times” had their own challenges and, as we all know, there is no going back. Historically, technological advances have made humankind more productive; but, technology has not made life simpler. New York Times ‘ columnist Thomas Friedman once stated, “We were promised a simpler life, and technology has only complicated our lives.” With the emerge

article thumbnail

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.

article thumbnail

The Best Part of My Job

Logility

As we wrapped up our 2019 Velocity Conference in Orlando last week, I was reminded how lucky we are to be in supply chain. For three days we had the opportunity to listen to some of the top supply chain leaders and visionaries discuss their challenges and how, through people, process, technology and data, they are able to transform their operations to create faster, more flexible and responsive supply chains that result in a competitive advantage for their businesses.

article thumbnail

Doing Business in Brazil

QAD

Brazil is the largest country in South America and the fifth largest country in the world. With a total area just slightly smaller than the U.S., Brazil is located in Eastern South America and borders the Atlantic Ocean as well as the countries of Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. Originally a colony of Portuguese Empire, Brazil declared its independence from Portuguese rule in 1822 and was formally recognized as independent in

Brazil 91
article thumbnail

Duty Drawback Makes a Comeback

Talking Logistics

Duty Drawback is a refund from the U.S. Customs Service for 99% of the duties paid on imported items which are subsequently exported or used in the manufacture of exported goods. This refund is available to you even if someone else did the importing. It’s estimated that over $600 million dollars is recovered annually through the U.S. Duty Drawback program, and companies are paying 20% of those refunds to service providers that help get the refund from the government.

article thumbnail

Leonardo da Vinci and Supply Chain Management

Enterra Insights

The world is becoming so specialized it’s difficult to find generalists in almost any field of endeavor. Supply chain managers probably come as close to being generalists as anyone in the business field. They need a general understanding of everything from procurement of raw materials to customer service. That’s why Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[1] The more complex businesses be

article thumbnail

How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

article thumbnail

I created an Out of Stock Alerting Process with Excel. Here’s What Happened.

Arkieva

I experienced first-hand the limitations of automating out of stock alerts using Excel. Here’s a real-life example of the out of stock process that I created. I created an Out of Stock Alerting Process with Excel. Here’s What Happened. was first posted on April 9, 2019 at 11:31 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

Managing Efficiently an Extended Supply Chain – An Electrium Story

DynaSys

Electrium is one of the UK’s leading electrical groups and since January 2006, has been a wholly owned subsidiary of Siemens Holdings plc. The company offers a wide range of low voltage products from a simple light switch to industrial installation. Their products are designed to satisfy the needs of specifiers, wholesalers, contractors and end-users in domestic, commercial and industrial markets alike, and are installed in many of the world’s most prestigious buildings.

article thumbnail

Predict What’s Next in Category Management

JDA software

Ever wish you could peer into the future and see what’s coming next? To better understand what technology investments are being prioritized to reach the modern shopper, we surveyed more than 130 category management and merchandising professionals as part of this year’s Voice of the Category Manager survey. Following are some key takeaways: Understanding shopper behavior is a top focus .

article thumbnail

Transparency – The key challenges of the brand-supplier relationship

Pivot88

Fashion companies are facing more connected, aware and sceptical consumers that expect full transparency across the production chain. Understanding the consumers’ need for trust, fashion players have no other option but to change their practices across their businesses and be more transparent. But what transparency could actually mean for the fashion industry?

article thumbnail

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.

article thumbnail

5 Ways to Improve Inventory Accuracy When You’re Overwhelmed With Stock

Unleashed

Optimum inventory management relies on accurate data so that inventory orders can be balanced with sales. By data, we mean the numbers and categories of stored and sold product, expiration dates and storage locations so that there is always just enough product ordered in to satisfy consumer demand and sales. Improving accuracy around inventory data and management is of paramount importance to keep a company’s books and customers happy.

article thumbnail

How the Right “Big and Bulky” Packaging Solution Can Save Millions in Supply Chain Costs

CHAINalytics

Companies specializing in big and bulky consumer products — e.g., furniture, water heaters, washers and dryers, lawn mowers, etc. — understand why product movements throughout the supply chain can plague both the manufacturer and distributor. The costs associated with transportation, damage, and packaging can add up quickly and hinder bottom line growth.

article thumbnail

Out-of-Stocks: Finding a Way Out

C3 Solutions

Along with sophisticated demand prediction tools that use algorithms to make predictions based on the reams of data now available across the retail supply chain, successful retailers are also looking at the places where they can apply practical real-world tools to ensure seamless inventory control. That means ensuring the links between your retail and distribution facilities, your suppliers and transport partners are made as efficient as possible.

article thumbnail

Warehousing News Roundup: April 8, 2019

Stord

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. Carriers are still worried about river cresting along the Mississippi river and the structural integrity of many bridges around it. Recently, Norfolk Southern and Union Pacific have both rerouted traffic, which has had ripple effects outside of the region.

article thumbnail

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.

article thumbnail

Increasing sales, loyalty and trust: an academic study into operational transparency

Provenance

Ryan W. Buell’s research findings, summarised in this Harvard Business Review article, challenge conventional management theories that consider customers to be “environmental disturbances” (a blocker that prevents businesses from working efficiently). As a result, this traditional way of thinking has led businesses to implement processes and technology to hide the work that goes into delivering a product or service.

Study 68
article thumbnail

How Setting Par Levels Can Help Improve Your Inventory Control

Unleashed

We see the word par in aspects of daily life and in the business world. The word par is derived from the stock exchange and it indicated that a financial stock may be above or below its normal or ‘par’ figure. In golf, par is used to highlight the number of strokes a golfer should be able to play to complete an individual hole. Each hole has a par standard and there is an overall par for the entire golf course as well.

article thumbnail

Stop Leaking Money with Manual Inventory Controls

The Smart Software

An inventory professional who is responsible for 10,000 items has 10,000 things to stress over every day. Double that for someone responsible for 20,000 items. In the crush of business, routine decisions often take second place to fire-fighting: dealing with supplier hiccups, straightening out paperwork mistakes, recovering from that collision between a truck and the loading dock.