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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.
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.
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.
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.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
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.
mo·jo: noun. A magic charm, talisman, or spell. “someone must have their mojo working over at the record company” In the 1990s supply chain had MOJO. Then it was sexy. Today, it is not. 90% of public manufacturing companies are treading wate r. There is struggle. Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive.
mo·jo: noun. A magic charm, talisman, or spell. “someone must have their mojo working over at the record company” In the 1990s supply chain had MOJO. Then it was sexy. Today, it is not. 90% of public manufacturing companies are treading wate r. There is struggle. Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive.
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.
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.
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.
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?
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
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
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.
Download the audio file. Podcast Summary: In this podcast, Joe Lynch welcomes Ann Holm to the show. Joe and Ann discuss their upcoming sales improvement program. The program, 21st Century Sales Skills for Transportation Logistics Professionals begins Wednesday, September 19th, 1:00 p.m. EST and last 10 weeks. The sales improvement program was designed specifically for transportation and logistics professionals and their hectic, unpredictable schedules.
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.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
A leading MRO began a digital transformation three years ago. Because about half of this company’s 2017 revenues are related to warehousing services, several of their digital projects have been related to improving efficiency in their warehouses. This case study describes their approach to testing out mobile logistics robots. The post Warehouse Robots Enable a Digital Transformation appeared first on Logistics Viewpoints.
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.
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.
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.
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.
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.
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!
LLamasoft has developed a maturity model related to supply chain design solutions. As a leading supplier of supply chain design solutions, this is a natural extension for them. Developing a maturity model, however, is not for the faint of heart. The model explicity ties ROI from a design project to the maturity level. The post A Maturity Model for Supply Chain Design appeared first on Logistics Viewpoints.
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?
Fragmented processes and unstructured data pose significant challenges for supply chains. This whitepaper explores how AI and predictive insights revolutionize supply chain management. By analyzing real-time data from disparate sources, these advanced systems offer actionable insights to anticipate potential issues, improve decision-making, and enhance operational efficiency.
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.
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.
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.
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.
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.
Devon Energy generates huge volumes of data. The company’s real-time data system monitors 6.5 million data points from multiple sites, with more than 10,000 updates per second. Devon Energy has worked to change real-time visibility into actionable insights for better truck scheduling. The post Devon Energy Uses Real-time Visibility to Improve Trucking Operations appeared first on Logistics Viewpoints.
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.
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.
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