Sat.Sep 09, 2017 - Fri.Sep 15, 2017

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Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact

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Does your supply chain hear the change coming?

Kinaxis

by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. I recall watching the original Battlestar Galactica series in the late 1970s, and there was an episode where Commander Adama was dictating his log. Before him was a computer screen recognizing his voice, taking his spoken words and translating them to perfect text for all to see.

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Artificial Intelligence and Targeted Marketing

Enterra Insights

By now most people understand they generate data whenever they use their computer, tablet, or smartphone. They also understand companies … Continued. The post Artificial Intelligence and Targeted Marketing appeared first on Enterra Solutions.

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Fisher’s Supply Chain–Product Match/Mismatch Framework

SCM Research

I have used Fisher’s (1997) supply chain–product match/mismatch framework ( What Is the Right Supply Chain for Your Product? ) in my teaching for years! Herein, the author argues that functional products require a physically efficient supply chain strategy, whereas innovative products require a market-responsive supply chain strategy. Fisher’s framework finds empirical support: Wagner et al. (2012) demonstrate that “the higher the supply chain fit, the higher the Return on Asse

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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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How to Reduce Product Damage During Shipping

GlobalTranz

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common.

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Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

A sense of complacency can lurk behind benchmarks. Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. Simply maintaining your goal patterns instead of gaining on your goals will keep your growth at a standstill if you don’t actively and routinely work to overcome it. As a leader, you need many tools to eliminate this mindset.

Metrics 106
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Question and Answer – How to Break Six Bad Retail Planning Habits

Logility

Retail has changed a lot in just the last few years, never mind the past 10 or 20 years. On the webcast, How to Break Six Bad Habits of Retail Planning Habits , featuring RSR Research co-found Paula Rosenblum and Logility Director or Retail Business Consulting Jim Brown, we explored many of the processes (or habits) implemented a decade or more ago that are still at the heart of today’s retail operations.

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What Harvey and Irma Teach Us about Supply Chain Risk Management

Enterra Insights

The double punch of hurricanes Harvey and Irma on the U.S. economy will be felt for years. Supply chain risk … Continued. The post What Harvey and Irma Teach Us about Supply Chain Risk Management appeared first on Enterra Solutions.

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Research Into Supply Chain Resilience

The Network Effect

I am sharing this research survey on behalf of Dr. David Nowicki of The Center for Logistics Education and Research. The post Research Into Supply Chain Resilience appeared first on The Network Effect.

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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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AI, Machine Learning and the Power of Predictive Logistics

Talking Logistics

Adam Compain, CEO at ClearMetal discusses the following questions and more in this timely and informative episode: Can you provide a clear definition of Artificial Intelligence, Machine Learning, and Predictive Logistics and shed some light on why there’s growing interest in these areas? How does Predictive Logistics fit within the broader landscape of technology solutions out there?

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The Fascinating World of Grocery Retail Supply Chains

All Things Supply Chain

I’ve always been fascinated with grocery retail supply chains. I spent 4 years working for Ahold USA, the U.S.

Retail 126
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Is it too late to Ramp Up the Supply Chain for the Holiday Season?

Enterra Insights

“Christmas is coming, the geese are getting fat.” That opening line of a traditional Christmas carol is normally sung after … Continued. The post Is it too late to Ramp Up the Supply Chain for the Holiday Season? appeared first on Enterra Solutions.

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Retailers and Consumer Goods Companies: You Need to Upgrade your Supply Chain if You Want to Succeed!

The Network Effect

For the last 25 years or so, retailers and consumer goods companies have relied on enterprise-centric supply chain software and. The post Retailers and Consumer Goods Companies: You Need to Upgrade your Supply Chain if You Want to Succeed! appeared first on The Network Effect.

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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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Oracle PLM Cloud Sessions at Oracle OpenWorld

Oracle SCM

October is almost here, and that can only mean one thing – Oracle OpenWorld is just around the corner! OOW is the perfect opportunity to network, learn about innovative ideas and products, and hear what other companies are doing throughout their transformative journey to the cloud. This year, be sure to check out the numerous Oracle PLM Cloud and related sessions at OOW to learn from leaders about how Oracle Product Lifecycle Management Cloud can help you transform your product value chain

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Powering Your Digital Supply Chain: Attribute-Based Forecasting – Part 5

BlueYonder

Today, across almost every category, products have more features and attributes than those available just a few years ago. For instance, a simple kitchen cleaner is not so simple anymore; there are countless combinations to choose from when you consider the brand, fragrance types, price bands and packaging sizes. The electronics industry has similar challenges and complexities.

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Leveraging an Intelligent Internet of Things

Enterra Insights

“Few technology trends have gotten as much publicity over the past few years as the Internet of Things (IoT) — … Continued. The post Leveraging an Intelligent Internet of Things appeared first on Enterra Solutions.

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Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. That doesn't mean nothing has changed. Harvey hit Houston on Friday evening, August 25, and hung over the metro area for days, dumping more than 50 inches of rain on Southeastern Texas and Southwestern Louisiana.

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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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Managing Legal Aspects of the Implications of a Hurricane on the Supply Chain

Material Handling & Logistics

Communicating early and often to supply chain partners can alleviate the impact of storms on the supply chain. Much of the southern United States faces months—if not years—of cleanup and reconstruction following Hurricanes Harvey and Irma. As transportation providers begin to recover from the immediate disruption and delays caused by the hurricanes, the greater domino effect of the hurricanes on supply chains will begin to appear.

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4 benefits of using Fulfillment by Amazon

TradeGecko

As the leading Inventory Management platform, TradeGecko is intimately aware that there are many challenges involved with growing and scaling a successful eCommerce business.

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The Digital Enterprise in the Digital Age

Enterra Insights

The historical period in which we live has been given a number of labels including the Digital Age and the … Continued. The post The Digital Enterprise in the Digital Age appeared first on Enterra Solutions.

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Elevating 3PL Providers to Partners

NFI Industries

Forbes Magazine describes teamwork as the ability to “combine different, complementary points of view to identify and seize hidden synergy opportunities, overcome difficult obstacles, and achieve challenging objectives 1.” As shippers evaluate opportunities in the supply chain for efficiencies and growth, utilizing a 3PL as more than a provider, but as a partner, can create collaboration.

3PL 64
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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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Who’s to Blame for the “Unwanted Extra Ingredient?” A look at Challenges of Supply Chain Management in the Fast Food Industry

Arkieva

Now and then, we hear about horrific fast food restaurant stories where an “unwanted extra ingredient” is found. While we may be quick to blame the serving fast food restaurant for the mishap, the supply chain of fast foods is often complicated. When we stop by our favorite fast food restaurant to grab a quick bite, we often don’t think about the process that goes into assembling our combo meal.

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Hurricane Irma: Updates and Impacts

Elementum

Despite Irma’s downgraded intensity as it moves further inland into the United States, its impact escalated at a steady pace nonetheless. Fortunately, lengthy preparations well in advance managed to mitigate the probability of more extensive damage. Here’s what we know: (click to zoom). Current Storm Status: While Irma has weakened to a tropical storm , it’s still packing winds of up to 97 kph and now covers six states : Alabama, North and South Carolina, Florida, Georgia, and Tennessee.

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Data shows sustainability investments are paying off

EcoVadis

The first annual Global CSR Risk and Performance Index reveals progress of more than 20,400 companies looking to improve their sustainability efforts. Today we published our EcoVadis first annual edition of the Global CSR Risk and Performance Index – which represents the culmination of an intensive research project to track the corporate social responsibility (CSR) performance of more than 20,400 companies, based on EcoVadis CSR Ratings across 10 industries and three world regions.

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Supply Chain Losing Hours, Money to Poor Financial Systems

Material Handling & Logistics

“Numerous processes in the financial world remain cumbersome and time-consuming when they needn’t be,” said Rick Hurwitz, CEO, Tungsten Network. Clunky payment practices are causing friction in U.S. business’ supply chain. The average U.S. business loses $171,340 per year. . This equates to almost 6,500 man hours chasing purchase order numbers, processing paper invoices and responding to supplier inquiries, according to a new study , Friction Index report, by Tungsten Network.

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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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Unlocking the 3 V’s of Big Data in the Digital Supply Chain

RFgen

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. The problem is that big data is a transformational technology and many companies lack the supporting systems they need to get value from it.

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Atlantic Storm Watch: 3PL Efforts

Elementum

3PLs are busy planning so that they can realize operational integrity as soon as possible post emergency. Carriers are maintaining flexibility and directing capacity to areas that could potentially be recovery points for decimated south Florida ports. 3PLs are doing all they can to ensure that their customers’ needs are being met. Proactive over-communication and preparation will lead to operational excellence when the proper information becomes available.

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Four Cries for Help from Manufacturers

Rootstock

As manufacturing companies’ top management look for solutions to improve productivity and ultimately profitability, upping your game requires focusing on the core problems. Based on our experience with organizations struggling to manage their business using outdated Enterprise Resource Planning (ERP) systems, we have identified the following four cries for help.