October, 2018

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How Prescriptive Analytics Shapes Business Transformation and Supply Chain Social Responsibility

River Logic

Growing up in a small oilfield town, we didn’t have a McDonald’s; we had Joy’s Grill. Joy, the owner, and his wife, Wanda, ran a straightforward automated operation in their diner with one row of booths and a counter open to the grill. She took the orders and yelled out “mash one,” which queued Joy to throw another patty on the grill. He finished the order, Wanda served, and whoever had a free hand, rang up the checks at the register.

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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

90, then 80, followed by 76. The highway rolls ahead of me. There are endless mile markers. It is a long day. Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. The rain delays through the summer soured me on air travel.

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Autonomous car technology and the Self-Healing Supply Chain

Kinaxis

by Jonathan Lofton I recently rented a car featuring steering assist and intelligent cruise control. Now, I’m used to driver assist technologies as my vehicle has blind spot warning and front and rear collision warning, and braking. My wife’s car has a heads-up display as well as steering wheel vibration when you stray onto the lane lines, but when driving this rental, I felt the car was actually steering itself back into the lane when it drifted astray.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

The opportunities within the use of blockchain for bill of lading in international trade, especially e-commerce, are significant. According to The LoadStar, the first ocean container use of a blockchain-based bill of lading was released successfully in the port of Koper, Slovenia. This resounding trial and win signifies a new way shippers will be able to compete in the global market, speeding delivery of international shipments, enhancing existing supply chain operations, and 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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Can S&OP become more continuous? Automation is key.

ToolsGroup

Sales and Operations Planning (S&OP), a process often focused around a monthly meeting, is evolving into a more continuous process. A recent whitepaper by supply chain planning and optimization firm Optilon explains why and how. S&OP is a process where decisions are traditionally made once a month as a part of an executive review. But the infrequent nature of the decision making often leads to a gap between S&OP and operations.

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More Trending

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Halloween Candy – A Scary Supply Chain Planning Problem

Logility

I admit, I love to eat Halloween candy as much as most grade school children (maybe more). My favorite: candy corn of course! What’s not to like about candy that is sugar mixed with more sugar! I am not the only one with a sweet tooth, according to CandyStore.com, this year Americans will spend more than $2.6B on trick-or-treat candy. I have to believe dentists see this number as both scary and job security.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

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Breaking down doors for the marginalized in supply chain management. Highlights from Kinexions ’18 day two.

Kinaxis

by Alexa Cheater Less than 15 percent of supply chain executives are female. Even fewer are women of color. That’s a sad state of affairs, and desperately needs to change. So how is it that with so many strong, courageous, talented women, so few have found a way to break through the glass ceiling? Kristen LeBaron , Director of Supply Chain at Lippert Components, Heather Mason , Inventory Program Manager at Applied Materials, Tonia Chu , Global Business Process Owner at Sanofi Genzyme and Pamela

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Tips & Best Practices for E-Commerce Shipping in Each Over-the-Road Shipping Mode

GlobalTranz

Demand for e-commerce capability is increasing. E-Commerce requires intense coordination between supply chains and an understanding of how to achieve maximum efficiency in all modes of transportation, explains BigCommerce.com. When it comes to over-the-road (OTR) shipping, e-commerce becomes even more difficult, requiring advanced knowledge of various carriers, rates, HOS regulations, the ELD mandate and 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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The Nine Top Supply Chain Planning User Concerns

ToolsGroup

Gartner’s most recent Magic Quadrant for Supply Chain Planning System of Record (21 August 2018, Amber Salley, Tim Payne, and Alex Pradha) calls out the concerns most often cited by users. These are the nine key issues users want to see addressed: Too much planner intervention and not enough automation, resulting in low planner productivity. Not getting timely plans/scenarios — plans are out of date by the time the planner sees them.

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Preparing Your Supply Chain for the Holidays

Talking Logistics

For most companies with supply chains to manage, the holiday season from Halloween through New Year’s Eve is an incredibly busy time. Shoppers stock up on everything from costumes to cranberry sauce to candy canes, and suppliers need to be prepared to meet the peaks and valleys of consumer demand. Unofficial holidays like Black Friday and Cyber Monday add to the huge spike in demand as retailers offer deep discounts to shoppers.

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The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes

Logistics Viewpoints

The world's most sustainable company is a supply chain software company - Dassault Systemes. The world's least? Amazon. Amazon is an incredibly innovative company that has devoted virtually no innovation to improving the sustainability of their supply chain. The post The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes appeared first on Logistics Viewpoints.

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Reflections: Building the Network of Networks

Supply Chain Shaman

I remember the call like it was yesterday. Four years have passed. On this cold day, I would like to walk on the beach with my friend Maddy. She is there. I am not. Let me tell you the story. In 2014, while sipping on an early morning coffee, Maddy called to ask me a question. It sounded simple, but she was frantic. Working for a large manufacturer, she was trying hard; but failing, to integrate Ariba, Elemica, and GT Nexus.

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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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Influential management thinker Adam Grant revealed as Kinexions ’18 featured keynote

Kinaxis

by Mike McAllister As the calendar turns to October, two things come immediately to mind. Pumpkin spice and Kinexions ’18. While we cannot unequivocally guarantee Kinexions ’18 will be a pumpkin spice free zone (after all, there are venues at the Gaylord Hotel at which one may procure hot, caffeinated, assumingly seasonally themed beverages), we can let you in on the identity of secret keynote speaker we’ve kept under wraps until now — Adam Grant.

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Understanding E-Commerce Logistics Costs Allows for a Healthy Bottom Line

GlobalTranz

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. As explained by eCornerAssist , the web influences more than 80 percent of all sales in today’s age. Even customers shopping in brick-and-mortar stores must be conscious of how online platforms, responsible for e-commerce sales, may affect overall sales.

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Probabilistic Forecasting - a Primer

ToolsGroup

An experienced gambler might hedge their bet on multiple outcomes, rather than just the most likely "single number forecast". At ToolsGroup we have been big advocates of probabilistic forecasting (sometimes also known as stochastic forecasting). Understanding and employing this relatively simple principle can take your forecasting and supply chain planning from ‘good to great’.

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This Week in Logistics News (October 22-26, 2018)

Talking Logistics

What does it feel like to cycle in 29F weather going 17.2 mph for 27 miles? I found out this past Monday when I went out for my final training ride before shipping my bike to Santa Fe, NM for the JDRF Ride to Cure. Eight days to go until I and my Logistics Leaders for Type 1 Diabetes Cure teammates set out to cycle 100 miles in support of JDRF and its quest to create a world without T1D.

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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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Common Forecasting Myths Debunked – Part 1 – One Forecast is Enough

Logility

This is the first of a series of four posts that will explore common forecasting myths. In supply chain the impact of a single error can quickly derail an entire forecast. This creates a ripple effect across the entire value chain which can result in lost sales or worse, a lost customer. How can you avoid a disaster like this? The first step is to recognize there are several myths surrounding the forecasting process that can lead you down the wrong path.

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Walmart's successful supply chain management

TradeGecko

When you drop by your local Walmart, you are witnessing one of history’s greatest logistical and operational triumphs. According to Supply Chain Digest , this global retail giant operates more than 11,700 stores under 59 company names, with 2.3 million employees in 28 countries around the world while managing an average of $32 billion in inventory.

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Unparalleled customer affinity on full display at Kinexions ’18

Kinaxis

by Harish Iyer Kinexions ‘18 was the best capstone I could’ve hoped for at the 30-day mark because I haven’t seen customers show such passion for a solutions provider in my 20+ years in this industry. On my flight home from Kinexions, I found some time to reflect. Here are my thoughts: Customers love Kinaxis, and they love to tell the world about it.

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The Top 5 Challenges of Warehouse Management

GlobalTranz

Warehouse management is not a simple task, and warehouse managers face difficult challenges. Even when orders are low, standard operations continue to grow with each passing day. Part of this derives from the expansion of e-commerce into new and emerging markets. Since consumers have the ability to shop online 24 hours/day and 7 days/week, the challenges of warehouse management do not stop when the brick-and-mortar stores lock their doors for the day.

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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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Gartner Questions Supply Chain “Control Towers”

ToolsGroup

Gartner says that future supply chain planning will look less like a "control tower" and more like a refinery "control room'" with many value-added analytics that automate, guide and control the supply chain. Gartner's recent research report entitled Don’t Believe the Control Tower Hype — Buyer Beware (August 2018) questions vendor messages that are “loaded with marketing hype”.

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TMS: Always Something New to Talk About

Talking Logistics

Author’s Note: The following is an excerpt from an article I wrote for CSCMP’s Supply Chain Quarterly (2018 Special Issue) titled “ Always something new to talk about ” that highlights key trends and developments in the transportation management systems (TMS) market. After 19 years, what else can you say about transportation management systems that you haven’t already said?

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The Influence of Social Sentiment on Supply Chain Planning

Logility

Social media sites like Twitter, Facebook, Google+, LinkedIn and YouTube dominate the way people share information and communicate today. Considering just how influential these sites can be, it is amazing to think most weren’t introduced until the mid-2000’s. In fact, the first social networking website, SixDegrees, which let people make profiles and connect with friends, wasn’t introduced until 1997.

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Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

Heineken is one of the world’s best-known beers. But for HEINEKEN International, the famed lager is only one of its products. The company owns more than 165 breweries around the world. It operates in 70 countries with a workforce of 80,000, producing over 300 specialty beers and ciders at international, regional and local levels. Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years.

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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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This Week in Logistics News (October 20 – 26)

Logistics Viewpoints

Last week I mentioned that the Panama Canal expansion has resulted in record breaking tonnage moving through the waterway. The expansion was surely an engineering feat, using the latest technology to improve the global supply chain. However, engineering feats such as building a massive canal did not always have access to this level of technology. Today marks the 193rd anniversary of the opening of the Erie Canal.

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Tips for Effectively Managing E-Commerce Logistics

GlobalTranz

E-commerce is in the middle of a boom. The economy is strong, and trucking capacity is tight. Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases.

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Three Mega Trends Driving Gartner Stage 5 Supply Chain Planning

ToolsGroup

Gartner says that clients are increasingly asking, “What will the future of supply chain planning look like?” and in a recent report ( Technology Reference Model for Stage 5 Maturity Supply Chain Planning, June 2018 ) they see three “mega trends” driving that vision. In the past, Gartner has said that only a few companies in the world have achieved Gartner’s highest “Stage 5” supply chain planning ranking.

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