Sat.Sep 07, 2019 - Fri.Sep 13, 2019

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How to Overcome the 5 Common Hurdles that Limit Sustainable Procurement ROI

EcoVadis

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Despite the growing awareness and commitment to sustainability in the supply chain, our 2019 Sustainable Procurement Barometer uncovered common challenges that limit company success and business value, including: Tracking supplier performance (cited as an issue for 39 percent of procurement organizations).

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Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies.

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3 Things you Should Know About Hyperlocal Supply Chains

C3 Solutions

This post was originally posted on The Logistics Broker and was written by Joe Oliaro.

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?

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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 Omnichannel Supply Chain Success Depends on Inventory Optimization

GlobalTranz

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented.read More.

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How Machine Learning is Transforming Industrial Production

DELMIA Quintiq

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Well, frankly that’s the wrong question. Machine learning is not a device you can plug into a production line and make the production line operate better than it did before. Machine learning is a process that needs inputs from many devices to feed data to it so that data can be collected, evaluated, and used to develop knowledge about how a production line

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?

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Benefits and Disadvantages of AI-Powered Supply Chains

GlobalTranz

Artificial Intelligence (AI) is everywhere around us. From simple digital watches to complex urban planning and development, the new form of intelligence is revolutionizing the way people live and the way companies work. Supply chain management is not an exception here because AI is changing it slowly but steadily. The process lasts for a long.read More.

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6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

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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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Beware of Real-time Transportation Visibility “Big Hat, No Carrier”

Logistics Viewpoints

Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”.

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Last Mile Logistics and Customer Experience

Enterra Insights

Today’s consumers can be characterized as persnickety — that is, they require a particularly precise or careful approach. Persnickety consumers expect a great customer experience when dealing with brands and retailers. Staff members at CIO Review write, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.”[1] Part of that service is

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Report: North American RTLS in Yard Management Customer Value Leadership Award

PINC

PINC Solutions has been able to set a high standard in the yard management space with its robust range of services that include shipment analysis, real-time visibility, and overall process improvement across locations. PINC Solutions has a wide range of customers from manufacturers, retailers, distributors and carriers to 3rd Party Logistics (3PL) organizations and it has visibly improved the operational efficiency of its clients’ yards.

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What Makes a Good Business Mentor?

QAD

When I look back at my very first mentor, I think of my dad. My dad passed away in June, and as with the loss of anyone that you love, you reflect on all they meant to you. I soon realized how much of a role my dad played in mentoring me, starting as early as elementary school. He consistently had words of advice to share and lived a life of the advice that he taught me.

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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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This Week in Logistics News (September 7 – 13)

Logistics Viewpoints

Ah yes, it is officially palindrome week. This year, however, palindrome week takes on a whole new significance. After next Thursday (9/19/19), there will not be an official palindrome week until 2021 (we don’t count putting a 0 in front of the month around here). This is the end of a wonderful run of years, starting in 2011, where the dates read the same frontwards and backwards for a week+.

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Harvests and hurricane combine to boost reefer rates

DAT Solutions

Apple harvests and the arrival of Hurricane Dorian on the East Coast rearranged supply chains, tightened capacity, and boosted rates on several lanes last week.

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Business Forecasting Lessons From Hurricanes

Arkieva

With each storm, there comes a bevy of forecasts put out by different computer models. These forecasts begin about 10 days out and change as the storm gets closer and closer. This blog tries to extract some learnings from this process of forecasting. Business Forecasting Lessons From Hurricanes was first posted on September 11, 2019 at 10:09 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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How Supply-Chain Companies Can Build Roadmaps With AI

Supply Chain Brain

The supply chain as we know it is on the precipice of tipping from decades of steadily accelerating “push” dynamics to a new “push-and-pull” model.

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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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Preparing Your Business for the Digital Supply Chain

Oracle SCM

By Mike Mortson , CEO, Supply Chain Game Changer. Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).

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Hurricane disrupts supply chains, increases rates

DAT Solutions

The approaching hurricane tightened capacity and boosted rates for vans, reefers and flatbeds. .

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Partnering with Farm-Trace to monitor sustainability and impact

Provenance

“66% of consumers are willing to pay more for sustainable products but most organizations don’t know the farmers they source from, let alone their impact.” – Kahlil Baker, CEO and Founder, Farm-Trace. Shoppers want proof, so our platform demands it. But to get robust proof, we need partners who can be out in the field collecting data and information across supply chains.

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The Go-To List of Ways to Improve Inventory Management

Veridian Solutions

Today’s warehouse managers need better inventory management strategies. Shareholders want to increase profitability. Customers wish for better customer service. Amazon wants to take over the world. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Supply chain leaders should follow these key strategies for ways to improve inventory management.

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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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Get ready for the 2019 Natural Products Expo East

TradeGecko

Organized by the New Hope Network, the Natural Products Expo East brings together the health, wellness and eco-conscious community. With solutions for the complete supply chain from manufacturers, retailers/distributors, service providers and ingredient suppliers, the event helps businesses identify the people, products, partnerships and trends that create better opportunities and connections.

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How To Make Your Supply Chain More Efficient

Manufacturing & Logistics IT

by James Daniels, freelance writer. There are multiple benefits to creating a more efficient supply chain in your business, you’ll be able to cut unnecessary costs from your spending and respond more quickly to market changes, supply irregularities and fluctuating demand.

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Fashion Week: bring more than transparency – bring integrity

Provenance

The Independent published a piece this week stating that “ The environmental costs of fashion are too high – we must consume less or it will be the death of us.” In it, Lizzie Rivera gives a scathing review of the repugnant issues baked into the fashion industry. These problems are not new. And with each month, more headlines cut through the curtain of fashion, resulting in shoppers taking note and changing their behaviours.

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How to Tell if Your Suppliers are Underperforming

Unleashed

Not all suppliers are created equal: some are better at providing low-cost goods, while others are great at customisation. Some suppliers have optimised for fast-shipping times, and some suppliers focus on high-quality materials. Regardless of whether you make, manage or move products, suppliers are a vital part of your company’s success. Without reliable suppliers, you could be jeopardising with your business model.

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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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5 Tips to Improve Warehouse Efficiency and Business Scalability

Veridian Solutions

There will always be opportunities for improvement within the supply chain. The best-laid plans for success require a well-oiled machine, comprised of all systems of record, your workers, truck drivers, and other business to business partners. Unfortunately, finding a way to improve warehouse efficiency can be difficult. As explained by Multichannel Merchant , supply chain leaders should follow these five tips to improve warehouse efficiency now.

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7 Ways to Improve Quality Control in Food Manufacturing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos). Article provided by, and permission to publish here provided by, Cheryl Stevens. When you’re a food and beverage manufacturer, there’s no business more serious than quality control. Consumer safety and quality control go hand-in-hand for the food industry in a way that most other industries don’t have to deal with.

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What is Driving and Delaying Supply Chain Investments? [Video]

BlueYonder

The future of the supply chain has some big investment drivers, but what are they? And what have they historically been? More importantly, how do companies apply them to keep their supply chains both effective and reactive… without creating delay? From applying predictive analytics to using IoT to avoid disruption, hear from JDA’s Fred Baumann on how companies can leverage their supply chains to drive better customer service in a positive way.

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