March, 2018

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An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to s

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The Future of Supply Chain: It’s Time to Start Managing Supply Chains for the Future, Not the Past

GlobalTranz

The future of supply chain management is filled with technologically empowered, happy, satisfied workers, faster workflows, synchronous systems, robotics, millennials, and even more millennials. Can you imagine it? Are you ready? Supply chain managers face many challenges in the digital age. E-commerce is growing at an annual compound rate of 18%, and tomorrow’s workforce has unique and experience-centric expectations.

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What Is Planning?

Supply Chain Shaman

Cloud. Descriptive analytics. Prescriptive analytics. Machine learning. Collaborative workflow. What if analysis. I find as I attend conferences that the word “planning” is bantered about, but few technologists dive into the details. We have lost the ability to have a discussion on the fundamentals. It drives a supply chain planning gal like me crazy.

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Harmonizing product, nature and life with sustainable supply chains

DELMIA Quintiq

Recently, Dassault Systèmes was recognized as the world’s most sustainable company by Corporate Knights in the 2018 Top 100 Most Sustainable Corporations in the World index. The index is recognized globally as the gold standard for corporate sustainability analysis, with rankings based on various key performance indicators – including environmental, social, financial and innovation capacity – but also, as of this year, on the sustainability value of a company’s products.

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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 Growing Maturity of Blockchain for Supply Chain Management

Logistics Viewpoints

Technical issues with blockchain for supply chain applications have been largely eliminated. The technology is being widely tested in pilots and proof of concepts but is not yet in every day usage. Experts predict that 2018 will be the year this changes. The post The Growing Maturity of Blockchain for Supply Chain Management appeared first on Logistics Viewpoints.

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Space: The final logistics and supply chain management frontier

Kinaxis

by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations. Humankind’s ongoing curiosity about space has countries competing to prove they have not only the technology, but also the resources and collective knowledge to go beyond our imagination.

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What Is Intelligent Supply Chain Management?

GlobalTranz

Intelligent supply chain management can reduce costs, improve profitability, and enable competitive advantage for your organization. From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop , intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike.

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Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. It is the basis for many recent developments in management. Sounds good? Right? Think again. The traditional supply chain leader focused only on cost reduction.

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No chicken, no gravy, no customers – KFC’s planning woes are entirely preventable

AIMMS

KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day.

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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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Why Your Supply Chain Needs Blockchain

The Network Effect

How blockchain technology can improve your supply chain Today, there is much buzz about blockchains in various industries. Business leaders. The post Why Your Supply Chain Needs Blockchain appeared first on The Network Effect.

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Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Editor's Note: There will be no blog post next week. Many retailers consider competing against Amazon their biggest challenge. While the impact of Amazon is real, it is only a thread in the larger retail competition tapestry. Amazon offers breadth, but brick and mortars offers “now”, and a tactile consumer shopping experience is still a retailer’s greatest asset.

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What’s keeping you from realizing digital supply chain success?

Kinaxis

by Alexa Cheater Going digital has become top of mind for most supply chain leaders these days. But finding success through digital transformation is still an elusive venture. According to recent research by the Korn Ferry Institute, all 100 senior supply chain executives the firm surveyed said digital supply chains have the potential to revolutionize businesses.

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The Ultimate Guide to Plastic Pallets

GlobalTranz

It can often be tricky selecting the correct plastic pallets for your business. There are so many different factors to take into account which is why Plastic Pallets in the UK have produced this great in-depth guide to plastic pallets. It contains everything you could possibly want or need to know about plastic pallets. The ULTIMATE Guide to Plastic Pallets.

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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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Blockchain Will Solve, Save, Cure Everything

Talking Logistics

Remember the old-time medicine shows , when showmen and storytellers posed as doctors and peddled miracle elixirs for all sorts of ailments? If they existed today, these showman would be peddling blockchain, the miracle cure and solution to just about everything. Check out these headlines: 7 Ways The Blockchain Can Save The Environment and Stop Climate Change.

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No chicken, no gravy, no customers – KFC’s planning woes are entirely preventable

AIMMS

KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day.

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Drone Deliveries: Are They Actually on the Horizon?

Logistics Viewpoints

The United States has been lagging behind other parts of the world when it comes to the testing and adoption of drones for last mile deliveries. This is not due to a lack of interest or research and development efforts from some of the largest drone manufacturers. In fact, companies such as Amazon, Google, and UPS have invested incredible amounts of money into how they can deploy drones to make deliveries.

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Segmenting your spare parts supply chain for 3D printing

ToolsGroup

From warehouse robots (very real) to equipment that you control with your mind (in the labs), new technologies appear so regularly that it can be hard to separate real from science fiction. But in the spare parts business, 3D printing has become “here and now”. Beyond cars and machine tools, 3D printers are now making spare parts to order for the US Marine Corps, container ships, and beverage filling plants.

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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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Supply chain agility and flexibility: The story of an IT executive

Kinaxis

by Dr. Madhav Durbha The coffee shop was buzzing. I was meeting my longtime friend Gagan, and we managed to find a reasonably quiet corner to settle into for what I anticipated to be a long conversation. He and I went to school together and started our supply chain careers at nearly the same time. I joined a supply chain software company while Gagan joined a large global manufacturer and quickly grew through the ranks to be the vice president of supply chain IT in his company.

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5 Ways To Get The Most Out Of Your Logistics Business

GlobalTranz

One of the very prominent business services is logistics. If you are the owner of a logistics business or in the role of a logistics business manager then make sure to read on as this article will give you the best insights to optimize your business to make the most out it. Plan Ahead. The first step to finish a task is planning. Now, planning encapsulates several factors, such as obtaining the goods, storage facilities, and delivery of products to the precise location.

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Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

Source: The Daily Dot. The global logistics market is predicted to reach US 15.5 trillion in 2023. The world runs on trade and traditionally the industry has been plagued by inefficient processes, middlemen, and archaic technology. As a result, venture capital has poured into logistics startups over the last few years in an attempt to digitize the supply chain.

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Solving Final Mile Logistics and Earning Customer Loyalty

Talking Logistics

Understanding customer expectations is a priority for businesses in all verticals and meeting (or, ideally, exceeding) those expectations is crucial to winning customer loyalty. This is true of your customers and your customers’ customers. One area receiving a lot of attention in recent years is Last Mile delivery tailored to a customer’s preference.

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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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Why Transportation Needs to be Included in Supply Chain Collaboration

Logistics Viewpoints

Just how collaborative are your internal departments? If you’re running into issues when one department makes a decision that unintentionally affects one or more aspects of your supply chain, your answer is probably along the lines of “not very.” And it may be holding back your transportation team’s effectiveness due to a lack of supply chain collaboration.

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Blockchain’s potential to authenticate supply chain planning data

ToolsGroup

Blockchain data can be a useful source of certified data to support the supply chain model or "supply chain twin". With all the hype around Bitcoins, you’ve probably at least heard of the distributed database technology known as blockchain. But blockchain isn’t just for cryptocurrency and other financial services applications. It’s even finding its way into supply chains, and it has the potential to have a significant impact on supply chain planning.

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What does it take to build a best-in-class supply chain?

Kinaxis

by Alexa Cheater Avaya: A supply chain management case study. Trust in the transformation. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supply chain. Going from a self-proclaimed worst-in-class supply chain to one of the best in the business was no easy feat, but the rewards were well worth the effort.

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How Walmart Just Bested Amazon in the E-Commerce Channel Utilizing an Omnichannel Return Strategy

GlobalTranz

Amazon has reigned supreme in e-commerce for years, but Walmart is well on its way to making the e-commerce giant a little nervous. Amazon acquired Whole Foods and dropped the price of Prime Pantry through Prime Perks. Amazon began looking into brick-and-mortar storefronts, hoping to capture a new slice of the omnichannel pie. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy.

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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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Five Capabilities to Take the Food and Beverage Supply Chain to the Next Level

Logility

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. All while the pace of new product introductions increases, customers become more demanding and the need to serve multiple channels grows. For many F&B companies, the basic tenants of a supply chain planning foundation is established.

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Digital Supply Chain: Are You Transformation Ready?

Talking Logistics

If you Google “digital transformation,” you get over 60 million hits—and a few million of those are related to supply chain management. It’s a journey many people and companies are talking about today, but what exactly does “digital supply chain transformation” mean? And more importantly, what’s required to get started on this journey and successfully reach the desired destination?

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Blockchain: The “Building Block” of the Supply Chain of Tomorrow?

Logistics Viewpoints

Supply chain analysts are far more caustious concerning the maturity of blockchain for business applications that the broader tech community. Perhaps too cautious. One day after analysts appeared on a HighJump panel on this topic, an article appeared in the Wall Street Journal that claimed that 1.1 million items from Walmart are being tracked by blockchain, helping the massive retailer trace these products journey from supplier to store.