July, 2021

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

To get where you are going, you have toe see where you areā€¦. Daily, my inbox is flooded by email. As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. Sometimes, I take the call. The discussion is seldom equal to the promise. I am amazed that smart people can be so SURE they have the answer.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked. Rather than hoping everything runs as smoothly, shippers today need to apply technology to ensure high customer experience levels are achieved and all shipments are delivered on time and in full.

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Artificial Intelligence In The Warehouse Is Coming Sooner Than You Might Think

Logistics Viewpoints

Artificial Intelligence is not a new technology, but widespread adoption and use of AI and machine learning in supply chain is still in its infancy. Nevertheless, there are indications that AI in the warehouse is becoming a reality a lot sooner than most people might have expected. Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/f

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Your Demand Forecast Is Wrong. Hereā€™s How to Fix It.

ToolsGroup

If you were still using a computer or a telephone from the 1960s today, youā€™d get some strange looks, to say the least. But many supply chain practitioners donā€™t realize that the most common approach to supply chain planning–using a demand-driven forecast as the primary input to future planning–is just as passĆ©. According to Gartnerā€™s report, Maverick* Research: ā€˜Demand-Drivenā€™ Is Deadly to Your Supply Chain , 90% of supply chains will still be demand-driven by 2026.

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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, youā€™ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

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What Is Supply Chain Network Design And How Can It Improve Your Business?

AIMMS

The post What Is Supply Chain Network Design And How Can It Improve Your Business? appeared first on AIMMS.

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How Transparency Will Elevate the Post-Pandemic Food Supply Chain

Supply Chain Brain

There’s an opportunity to improve food supply chain logistics and planning with a future-proofing mindset. No element requires more consideration and investment in this regard than transparency.

Food 145
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Transportation Metrics That Matter Most to Track and Improve Performance

GlobalTranz

As supply chains become more impacted by market disruptions and unpredictable events, theyā€™re also becoming more critical to a companyā€™s customer experience levels and bottom line. Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics.

Metrics 315
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Tata Steel Europeā€™s Connected Planning Journey

Logistics Viewpoints

Tata Steel Europe Plant in Wales. The steel industry is not easy. A ton of steel can cost as little as $700. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Even before the pandemic the global steel industry was navigating significant disruptions that included steep price competition (China has been investigated numerous times for dumping), soft demand, and tariff issues.

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Top 18 Business Acumen Skills You Should Master

SCMDOJO

How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It. Continue reading.

Industry 143
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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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What the Approaching ILWU-PMA Contract Renewal Means for Shippers

NFI

After a year marred by congestion, skyrocketing cargo handling costs, increased demand as a result of the pandemic, and looming clean air mandates, West Coast marine terminal operators have had all the more reason to explore productivity improvements and cost-saving options like automation. Historically, concern about displacing and replacing employees with robotics had prompted the… Continue reading What the Approaching ILWU-PMA Contract Renewal Means for Shippers.

Cargo 134
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Five Steps to Develop an Effective S&OP Process ā€“ Step 4: Balance Supply and Demand

Arkieva

Over the past 5 weeks, Jeff Ondria has hosted a set of short interviews on LinkedIn about the five distinct steps to develop an effective S&OP process. In today's blog, we discuss step 4 Balancing Supply & Demand where we will answer some key questions with respect to balancing supply and demand. Five Steps to Develop an Effective S&OP Process ā€“ Step 4: Balance Supply and Demand was first posted on July 13, 2021 at 1:25 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use

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Supply Chain Blind Spots: Where They Occur, and How to Deal With Them

Supply Chain Brain

Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supplier risk. The result is significant challenges for manufacturers and their customers, which neither can afford.

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We Need Better Sales Forecasts for Online Businesses

Amware Logistics and Fulfillment

The challenge of getting better sales forecasts to improve logistics planning is a centuries-old problem. In todayā€™s eCommerce-driven supply chains, that challenge is tougher than ever. But many online merchants donā€™t realize the extent to which poor forecasts create inefficiencies in fulfillment operations and drain their profits.

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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 youā€™re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, youā€™re not alone. In todayā€™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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How Cold Chain Logistic Providers Build Trust with Traceability

Logistics Viewpoints

The global cold chain market is rapidly growing, primarily driven by an evolving shift in consumer habits and the changing perceptions of frozen food. Valued at nearly $210.49 billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research.

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The Resilient Supply Chain! Passing Fad or Long Term Strategy?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Get Our EBOOK HERE. Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Everyone is talking about making Supply Chains more resilient and robust, as if there was never any attention in the past in this regard.

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Adexa Names Mark McArthur New EVP of Sales in Americas

Adexa

For Immediate Release. Contact : Ron Wilson. Marketing Manager. (310) 642 2100. rwilson@adexa.com. Los Angeles, CAā€” July, 2021 Adexa, a leading AI Powered supply chain planning solution provider today announced the hiring of Mark McArthur as EVP of Sales in Americas. Mark is one of the top executives in the industry with leadership experience in the biggest and fastest growing enterprise software companies.

America 111
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Effect of Lockdowns on Essential Goods Value Chain

Arkieva

These interesting times that we are currently living through have thrown open a lot of challenges. Organizations and decision-makers must be agile and innovative to overcome the challenges that COVID-19 has thrown at us. In India, we had 2 lockdown periods in the last 15 months. Being a supply chain student, I try to watch and analyze day-to-day situations with a lot of interest and I see one area that needs improvement when lockdowns are implemented.

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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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The Meaning of Data Fabrics ā€” and How They Benefit Supply Chains

Supply Chain Brain

Traditional data management systems worked well when supply chain professionals had more time to adapt, and the enterprise data landscape was more uniform, structured and simple. But the world is different now.

Data 128
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Preventing supply chain attacks with zero trust

IT Supply Chain

By Vaibhav Malik (pictured). Head of Cybersecurity Advisory Practice, Integrity360. The post Preventing supply chain attacks with zero trust appeared first on IT Supply Chain.

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TMS Growth: E-Commerce and Better Technology

Logistics Viewpoints

I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. A key piece of the study is looking at the key drivers for TMS growth from both a historical and future-looking perspective.

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Understanding the Bitcoin Market Crash of May, 2021!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin Volatility a Threat for Traders? Bitcoin market crash article and permission to publish here provided by Jean Nichols. Bitcoin is the first-ever cryptocurrency of the marketplace and conferring the ground concept of bitcoin; there was an exceeding extent of altcoins in just a nominal time.

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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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Use SOPEĀ© to Clean Up Your Supply Chain Model

Adexa

The digital twin of your supply chain must accurately reflect both the shape as well as behavior of your supply chain. In the absence of this you end up with a rough model of the supply chain. Rough models deliver rough results in your financial projections, commitment to end customers and making the right response when a disruption occurs. S&OP modeling is one step above spreadsheet modeling, what you are trying to get away from.

Modeling 105
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Classical Supply Chain Management Confronts its Quantum Revolution ā€“ the Path to Rapid Intelligent Response (RIR)

Arkieva

COVID-19 direct and ancillary events have made clear that uncertainty is an inherent part of the demand-supply network structure. Every firm, on a regular basis, faces ā€œrisk situations such as manufacturing excursion, unexpected new demand or loss of demand, component supplier interruption, etc. This has placed risk management and rapid intelligent response (RIR) front and center in SCM discussions.

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Watch: Impact of the Western U.S. Megadrought on Food Supply Chains

Supply Chain Brain

Phil Renaud, executive director of The Risk Institute in the Fisher College of Business at The Ohio State University, discusses how the persistent drought in the western U.S. is forcing food supply chains to rethink their sourcing strategies, as well as pursue longer-term initiatives for coping with the effects of climate change.

Food 126
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How IT Service Providers Can Prove Their Worth To Potential Clients

IT Supply Chain

By Jessica Sweet (pictured). Content Writer at makeLifeSweeter.com. The post How IT Service Providers Can Prove Their Worth To Potential Clients appeared first on IT Supply Chain.

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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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5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

Sales & Operations Planning (S&OP) as a process has been around since the 1980ā€™s. While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 269
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How to Become a Professional Bitcoin Trader!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What to Look for Before Investing and Storing Bitcoin! Bitcoin trader article and permission to publish here provided by Jean Nichols. Bitcoin is an open software complex on blockchain technology. Bitcoin was invented by a Japanese group named Satoshi Nakamoto, whose identity is completely anonymous.

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Businesses need to listen to what is going on around Working forms.

Prophetic Technology

Europe has always set the path to innovative forms of Working , creating entirely new categories of jobs; they are at the front of human rights rules, preventing the worker from exploitation by their employers, a practice that continues these days. In addition, they experimented with different forms of business ownership, with a state - owned enterprise ( SOE ) formed by the government to participate in commercial activities and corporate structures that require businesses to consider their empl

Europe 105