August, 2018

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My Boogie Woogie Trucking Shoes!

Tailwind

I was heading to baseball practice on Friday with my youngest – a newly-minted teenager – when the Eagles song ‘Witchy Woman’ came on the radio. The Eagles were in town that day, and the concert was happening that night. My mother in law, his grandmother, was attending the concert. We all pitched in to give it to her for her birthday: it was on her bucket list.

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Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. You can see Microsoft's version here on their and my slightly modified version below. The subway system is the lifeblood of New York City, carrying an average of 5.7 million people per day across 472 stations.

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Harmonizing production and maintenance: The key to minimized asset debt

DELMIA Quintiq

All too common practice. Asset-intensive businesses, such as mining, airlines, utilities, oil & gas and railroads have one thing in common: internal tension between production and maintenance. In our experience, maintenance is too often viewed as a necessary evil, and maintenance planners have told us that they have to fight for slots to do scheduled and preventive maintenance.

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Overcoming a shortage of supply chain talent

ToolsGroup

Editor’s note: There will be no blog post next week due to summer holidays. There is a shortage of supply chain talent. Supply Chain Insights reports that more than half of all companies are seeing an increase in employee turnover and experiencing unfilled job openings. In certain areas the problem is much worse. One senior manager at Boeing said he saw demand for supply chain professionals exceed existing talent by a factor of six to one.

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4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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The Secrets of Top Performers: Fleet Management as a Competitive Weapon

Talking Logistics

From changing regulatory requirements and increasing freight congestion to excessive detention time and driver shortages , shippers and logistics service providers (LSPs) are struggling to balance the multiple issues impacting fleet management today. In addition, rising customer expectations for faster delivery, on-time shipments and real-time status updates are magnifying the pressure to perform.

More Trending

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Gamification ideas in business: Your way to a more efficient supply chain

Kinaxis

by Emily Hunt Simply put, gamification involves the application of game design elements in a business setting. Gamification uses both intrinsic and extrinsic motivators to encourage users to perform at their best, fostering engagement through tactics ranging from simple – such as a progress bar, to those that are more complex – such as loyalty programs and immersive storytelling.

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Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

GlobalTranz

Service level agreements (SLAs) can vary in scope, complexity, duration, and value. Managing supply chain SLAs have the added complication of geographic and cultural barriers. Contract details may vary by region, and individual locations may be subject to unique contractual stipulations that other locations never see. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms.

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Why Warehousing Matters

The Network Effect

There are few people today who believe that warehousing is simply a storage function – but many still have logistics. The post Why Warehousing Matters appeared first on The Network Effect.

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. You can see a longer version of the interview here on the Microsoft website or my slightly abridged version below. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Finding a Warehouse in Today’s High-Demand Market

Talking Logistics

Finding the right warehouse is arguably one of the most important decisions your company will make. It has the potential to be not only be a powerful, industry-leading storage and shipping center, but also the literal hub of your logistics — including returns, reshipments, and other nuanced supply chain tasks. It needs the ability to grow with your ambitions without demanding too much of your bottom line, and there are a lot of configuration and feature choices to weigh before signing on t

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Software Planning: Satisfaction is Like a Flip of a Coin

Supply Chain Shaman

This week, after ten years, I am test-driving cars. I have not owned a car for a decade. City living has come to an end and it is time for me to get some wheels. Buying a car is overwhelming. I just want one that works. I find the process of negotiation, and comparison shopping tiring. My goal is safety and comfortability. It is hard to sort through the options.

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Transitioning to Digital Supply Networks

Kinaxis

by Mike McAllister By APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is republished with permission. With the advent of the fourth industrial revolution, or Industry 4.0, supply chain professionals are expected to embrace many new technologies – from artificial intelligence and robotics to predictive analytics and cloud computing.

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Logistics Automation and Blockchain: What’s the Potential?

GlobalTranz

Up to 64% of supply chain leaders consider Big Data Analytics the best way to overcome supply chain challenges, asserts Antonia Renner of ComputerWorld, but new technologies, such as logistics automation and blockchain, may hold much more opportunity than meets the eye. Logistics automation and blockchain have potential applicability to payment processing, freight location monitoring, order fulfillment, and more.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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The First Steps of Necessary Federal Maritime Commission Changes

Freightos

This article originally appeared on JOC.com. . Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world. Most importantly, they unlocked global trade. In today’s Information Age, the world’s pace has accelerated. It is hard to imagine that not so long ago people once waited for the morning paper to see how stocks closed the day before.

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. You can see a longer version of the interview here on the Microsoft website or my slightly abridged version below. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

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Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

No doubt about it: this trucking environment is sending plenty of truckload budgets into the red. What can shippers do to navigate this market? Take your cue from the latest findings of MIT researchers. Using data from TMC, a division of C.H. Robinson , the researchers examined the best practices that separate Leaders from Laggards in getting better truckload rates and performance.

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Healthcare: A Call For Action

Supply Chain Shaman

In 1960, when I was in the first grade, healthcare spending was 5% of the US economy. Today, it is 17.9%. By 2025, the projection is 19.9%. Yowza! This is trillions of dollars. To put it into dollars and cents, health care spending rose 4.3% to $3.3 trillion in 2016, or a cost of $10,348 per person. Being a supply chain gal, I think that supply chain leaders can help.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

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Fighting Fake Drugs in the Pharmaceutical Supply Chain

The Network Effect

With the lucrative profits to be made from fake pharmaceutical drugs, even more than in the narcotics trade, fake drugs. The post Fighting Fake Drugs in the Pharmaceutical Supply Chain appeared first on The Network Effect.

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[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

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How Far Off is a Universal Quantum Computer?

Enterra Insights

Nearly every week scientists announce another breakthrough they claim takes us a step closer to developing a truly universal quantum computer. Elliot M. Kass notes, “Quantum computing theory has been around since the late 1970s, and a commercial system has been available for a decade. But persistent technical problems have impeded the widespread adoption of this potent new approach to data processing.”[1] The commercial system he mentions is a D-Wave system employing quantum annealin

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Overcoming a shortage of supply chain talent

ToolsGroup

Editor’s note: There will be no blog post next week due to summer holidays. There is a shortage of supply chain talent. Supply Chain Insights reports that more than half of all companies are seeing an increase in employee turnover and experiencing unfilled job openings. In certain areas the problem is much worse. One senior manager at Boeing said he saw demand for supply chain professionals exceed existing talent by a factor of six to one.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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The Digital Transformation Journey: The Alignment of Industry, Company, and Technology

Talking Logistics

In today’s market, it is imperative for process businesses to pursue digital transformations to meet changing customer expectations, global market demands, and increased competition. Process industry businesses that embark on digital transformation journeys are becoming disruptors in the industry. Smart executives know that a digital transformation can be a catalyst for growth and will drive shareholder value.

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Blockchain Gains Traction in the Food Supply Chain

Logistics Viewpoints

12 of the world’s biggest companies, including Walmart and Nestlé, are building a blockchain to remake how the industry tracks food worldwide. The group is focused on solving the traceability problem is known as Food Trust. There are many initiatives using Blockchain. This initiative is further along than any other. The post Blockchain Gains Traction in the Food Supply Chain appeared first on Logistics Viewpoints.

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Kinaxis once again positioned in Leaders quadrant of Gartner’s Magic Quadrant for Supply Chain Planning System of Record

Kinaxis

by Mike McAllister It’s important to feel validated, in life, and in business. That’s why we’re particularly excited to share the news of Gartner’s most recent research, the 2018 Magic Quadrant for Supply Chain Planning System of Record. In it, Gartner positions Kinaxis in the Leaders quadrant for the third consecutive time, providing what we think is some pretty weighty validation for our vision of what a supply chain planning platform should be.

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Supply Chain Facilities Management: It’s More Than Just Facilities

GlobalTranz

Supply Chain Facilities Management includes unique challenges and requires out-of-the-box thinking to be successful. Successful supply chain management includes successful Facilities Management , meaning the facilities must work at maximum efficiency to meet guest demands, explains Inbound Logistics. However, supply chain facilities can range from warehouses to forward-stocking locations in the supply chain network.

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What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

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The Beginning of the End of the “Extended Workbench”?

SCM Research

Exports can be decomposed into a foreign value added (FVA) and a domestic value added (DVA) component. FVA is a key measure of the importance of global supply chains. It refers to the imported goods and services incorporated in a country’s exports. DVA relates to the contribution of a country’s own (i.e. domestic) factors of production. The 2018 World Investment Report , recently published by UNCTAD, shows that “[f]rom 1990 until 2010, the share of FVA in total exports rose continuou

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Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. You can see Microsoft's version here on their and my slightly modified version below. The subway system is the lifeblood of New York City, carrying an average of 5.7 million people per day across 472 stations.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” To get an expert’s response to that question, I interviewed Michael Falls, Senior Manager of Operations at enVista , in a recent episode of Talking Logistics.