August, 2019

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Is Your Supply Chain Ready for the Next Recession?

Logility

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

July is my birthday month. In the middle of busy travel, I made time for the annual physical. The reason? I know that early detection is the key to wellness. It is a familiar ritual. The nurse quickly assesses blood pressure, pulse, blood oxygen, height and weight. Lab work testing follows vital sign analysis. Only when the tests are complete, can I have a meaningful conversation with the physician about my health.

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Counterfeit products are exploding on Amazon

NC State SCRC

A recent WSJ article highlighted a fact that confirms much of what we found in our study of counterfeit products in the supply chain a year ago: if you’re buying on Amazon, beware of counterfeits. Too cheap means too good to be true. A Wall Street Journal investigation found 4,152 items for sale on Amazon.com Inc. ’s site that have been declared unsafe by federal agencies, are deceptively labeled or are banned by federal regulators—items that big-box retailers’ policies would bar fro

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Automation in the Supply Chain and Its Impact on Scalability

GlobalTranz

Automation is coming of age in the supply chain. Where supply chain leaders once viewed automation capabilities as science fiction fantasy, automation’s real-world applications are becoming evident. As explained by David Welch of Supply Chain 24/7, part of the reason for interest in automation in the supply chain derives from the continuous threats of Amazon.read More.

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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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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP).

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Machine Learning in the Supply Chain

Logistics Viewpoints

One area of interest in today’s end-to-end supply chain is machine learning. And this is certainly a topic that we have written about quite often. Over the last few months, Steve Banker, Clint Reiser, and I have written about artificial intelligence and machine learning in a number of contexts and how it impacts the supply chain. These topics have included transportation management, warehouse management, and supply chain planning, among others.

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5 Reasons Why Carriers Are Customer-Obsessed

Freightos

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. Historically, a carrier’s relationship with importers and exporters was built by sales people. The best of them accumulated books of business contacts, which moved companies with them.

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Unlocking the Value in Your Supply Chain Network

The Network Effect

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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6 Benefits of Automated Material Handling

GlobalTranz

In the logistics and supply chain industries, every edge counts. That’s why facilities managers and decision makers everywhere are exploring the benefits of automated material handling. This group of technologies can bring new levels of productivity, safety and profitability to these important verticals. 1. Higher-Value Jobs When people talk about automation, they focus most of.read More.

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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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Robots in the Building: The Positive Influence of AI for Supply Chain Planners

ToolsGroup

Have you looked at a job listing for a supply chain planner recently? The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

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Drone delivery coming soon to a supply chain near you

Kinaxis

by Ilyas Kucukcay The concept of a drone was not something we gave much thought too just a few years ago—except for the applications of the military-related operations, much less drones in supply chains as product delivery mechanisms. But now, the day-to-day use of drones is a reality as they are being used for many purposes, from consumer recreational use to media, and from industrial to institutional applications.

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Digital Supply Chains Seek to Fill Information Black Holes

Logistics Viewpoints

Digital supply chains seek to fill information black holes. For many companies' supply chains, it is the end-to-end portion of the supply chain, knowing what upstream and downstream partners are doing and how well they are doing it, where there are the most black holes. The post Digital Supply Chains Seek to Fill Information Black Holes appeared first on Logistics Viewpoints.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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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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Reinventing Organizations to Drive Agility in the Digital Age

AIMMS

Could self-organization make your supply chain more agile? . McKinsey estimates that roughly 14% of the global workforce will have to switch occupational categories by the year 2030. Addressing the skills gap to deal with the fast pace of automation and digitization is extremely important. But mastering technology alone will not drive the success of digital transformation.

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Supply Chain Automation: Key Stages in Supply Chains That Can Benefit

GlobalTranz

Even though robotics and AI will never be able to fill in for human logic and expertise, there is a case to be made for supply chain automation thru automated systems. Whether you work as a transportation management solutions expert, a professional driver or a supply chain specialist, automation can make your life easier in.read More. The post Supply Chain Automation: Key Stages in Supply Chains That Can Benefit appeared first on Transportation Management Company | Cerasis.

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Infographic: How to Win Big with Machine Learning for Demand Planning

ToolsGroup

So you’ve done your homework and know that machine learning and demand planning go together like peanut butter and jelly. But whoa there! Don’t dive in quite yet. The key to sustainable supply chain benefit from machine learning is taking a thoughtful approach at the very beginning by establishing goals, devising a strategy, testing results and refining your approach as you go.

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[On-Demand Webinar] Architecting Intelligent Supply Chains

Kinaxis

by Meranda Powers If you’re reading this, it’s highly likely you’re living the supply chain life. And if you’re living the supply chain life, it’s likely that you have come to the same realization we have – that operating a supply chain ‘as usual’ isn’t cutting it anymore. That’s because business as usual simply isn’t as usual as it used to be. With constant global volatility impacting the sourcing and delivery of product to your customers, something has got to give.

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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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How EDI Became Cool Again

Logistics Viewpoints

Electronic Data Interchange (EDI) is cool again. Not all EDI, just EDI based on value added networks (VANs). The reason? More and more companies are engaging in digital transformations. In many companies supply chains, it is the end-to-end portion of the supply chain, knowing what upstream and downstream partners are doing, where there are digital black holes.

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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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Above the Fold: Supply Chain Logistics News (August 30, 2019)

Talking Logistics

My youngest son left his brand new sneakers at the pool, and when he went back the next day, the attendant told him the sneakers had been found and placed in the lost-and-found bin. Yet when he searched through the bin, they were gone. Someone had claimed them as their own. Who would take them? Read more Above the Fold: Supply Chain Logistics News (August 30, 2019).

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As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs

GlobalTranz

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS. This concept gives supply chains a non-traditional means of fulfilling.read More. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.

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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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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP).

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Big Ideas in Supply Chain | Keysight Technologies: Risk recovery after a natural disaster

Kinaxis

by Sarah Harkins Imagine that three natural disasters hit your global supply chain within three years. For Keysight Technologies, this isn’t a hypothetical scenario. Between 2015 and 2016, earthquakes in Japan and explosions at a container storage station in China affected parts of the company’s supply chain. Then in 2017, the Tubbs wildfire burned down two structures at the company’s headquarters and damaged others.

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How will the Looming Recession Impact Global Supply Chains?

Logistics Viewpoints

On Thursday, yield curves inverted and the stock market tanked. An inverted yield curve signals a recession in 14 to 20 months. Companies need to prepare by developing more agile supply chains. Integrated business planning and supplier risk management are critical tools. The post How will the Looming Recession Impact Global Supply Chains? appeared first on Logistics Viewpoints.

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Supply Chain Modeling: Here’s What You Need To Know

River Logic

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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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Retail Compliance Programs: How to Exceed Retailer Expectations

Talking Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry — have the right product in the right.

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E-Commerce and Warehousing: Areas of Focus to Prepare for Fulfillment

GlobalTranz

As explained by Brian Barry of Multichannel Merchant, shippers tend to focus on short-term needs and ignore the space requirements for efficient fulfillment. When upgrading or building new spaces, the primary areas of focus are often broken into broad categories, such as labor, consumers, and location. However, detail-oriented areas of focus can provide a better.read More.

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Understanding Supply Chain Network Technology

The Network Effect