November, 2018

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Less Than Truckload Shipping Trends to Wrap Up 2018

GlobalTranz

Transportation is the largest sector of the economy, making up 8.9 percent gross domestic product (GDP), reports the Bureau of Transportation Statistics. The simultaneous growth of the economy and trucking indicate actual GDP percentages would be higher if compared to the same time last year. In anticipation of the 2018 holiday shopping season , transportation trucking, including Less-Than-Truckload (LTL), Full Truckload (FT), Parcel, and intermodal, will increase in value.

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How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network.

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Retail supply chain management and the rise of fast fashion

Kinaxis

by Ilyas Kucukcay From the incredible pace of turnover in style trends to the excess waste it produces, today’s fast fashion phenomenon is a controversial topic on many fronts. However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

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How a digital transformation can maximize the value of your meat supply chain

DELMIA Quintiq

While advanced innovations and developments like the Internet of Things (IoT) reach each industry and change the way we work together, the requirement for business transformation is rising. Meat producers, in any case, are questioning where to begin. The meat supply chain is long and complex, starting from farm to processing to packaging and logistics, right up to retail and catering.

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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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Why Safety Stock Is So Important to Your Supply Chain

Demand Solutions

Managing a supply chain is not easy, although the job description is seemingly straightforward: Ensure that the right products are available at the right location at the right time. Sounds easy, right? That's because you haven't considered the factors that constantly get in the way — factors such as inaccurate forecasts, transportation delays, and inclement weather.

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Travel Time Is Key to Lowering Labor Costs in Your Distribution Center

GlobalTranz

Travel time in the warehouse represents one of the biggest costs in modern distribution centers. Pickers must put away incoming product, pull product, and move products to packaging and processing zones. Like transportation management for shipped product, effective labor management and lean processes in the warehouse are key to lowering labor costs in your distribution center.

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What’s Your Forecast Accuracy Target for 2019?

ToolsGroup

Editor’s Note: Two years ago we posted a blog about how to set an annual forecast accuracy target and it was one of our most popular topics. As we approach that time of year again, we decided to run an updated version. Many companies have already started their 2019 planning and budgeting cycles, so if you are in charge of demand forecasting for your company, it’s about time to thinking about your organization's 2019 goals.

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Independent research reveals how organizations can succeed in a brave new tariff-driven trade world

Kinaxis

by Mike McAllister It sounds ominous, but it’s a brave new tariff-driven trade world out there – a reality senior executives whose organizations operate global supply chains are coming to grips with. Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competiti

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Is Community Intelligence the next AI wave?

Arkieva

Most of us have had some exposure to the “AI Awakening” wave that has emerged over the past few years. Of particular interest to Arkieva and its customers is how this “new technology” integrates with the ongoing journey of creating more intelligent supply chain decision-making process to improve organizational performance. Is Community Intelligence the next AI wave?

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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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E2open Completes Acquisition of INTTRA, Bringing Together Leading Global Cloud Supply Chain Management and Leading Ocean Shipping Network

E2open

The One Place in the Cloud to Run Your Supply Chain is Now the One Place in the Cloud to Manage Your Global Logistics. AUSTIN, Texas, November 27, 2018 – E2open today announced the completion of the acquisition of INTTRA following regulatory approval. This brings together the world leader in ocean shipping logistics covering a majority of ocean shipping container capacity, with the global supply chain and logistics network of E2open.

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Who’s Using Blockchain in Logistics & Supply Chain Today?

Shipchain

From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using it, what it means for the future of the industry, and how it can transform their day to day operations.

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LTL DIM Pricing: Why LTL Is Moving to Dimensional Based Pricing

GlobalTranz

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. The United States Parcel Service was among the last carriers to make the switch. Unfortunately, the use of LTL DIM pricing is often overlooked for a simple reason; DIM pricing is usually associated with overnight shipping and parcels, not LTL, explains

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Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. 81% say real-time monitoring is improving their business, and 60% say anal

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Transform Your Supply Chain into a Predictive AI-Driven Knowledge System

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.

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Top 3 Reasons to Deploy TMS Solutions in 2019

Supply Chain Collaborator

There are three absolutely critical reasons to finally implement a new logistics IT solution (or to replace the inferior one you already have) in 2019. Whether your organization would benefit most from a TMS, a powerful optimizer , fleet management tools, freight settlement solutions , advanced dock-door scheduling tools or even a yard management system, there are three nearly certain dynamics we’ll experience in 2019 that you won’t want to address without solid supply chain solutions at your

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Selecting the Appropriate Types Forecasting Methods

Arkieva

Selecting the right forecasting methods can be highly critical in how accurate your forecasts are. Unfortunately, there isn’t a golden ticket to forecasting which can essentially ensure accuracy. While the best-fit forecasting method is dependent on a business’ specific situation, understanding the types of forecasting methods can aid in your decision-making.

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Only 15% Using Blockchain to Mitigate Financial Crime in Supply Chain

Material Handling & Logistics

Layered with advanced analytics, blockchain can offer supply chain managers a path to digitizing prevention and detection of financial crime. During the past five years, an average of 31% of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. .

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Does Your Supply Chain Need Blockchain?

Shipchain

The use of blockchain and supply chain management (SCM) platforms can reshape how shippers approach everyone from consumers to carriers. A platform that combines blockchain and SCM has the potential to eliminate many of the laborious manual processes involved in tracking shipments and preparing them for transit. Instead of trying to answer the question, “Does our supply chain need blockchain,” ask yourself, “What benefits can we reap from integrating blockchain into our suppl

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

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.

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Building the Business Case for Supply Chain Risk Management

GlobalTranz

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have.

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How AI, Machine Learning and Automation Will Impact Business in 2018 and Beyond!

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published at tenfold.com Permission to publish provided by Ira Padilla. Check out How Artificial Intelligence (AI) Will Change Decision Making for Businesses! We are living in exciting and innovative times with futuristic technology literally at our fingertips. But for the longest time, small to medium sized businesses were not serviced by the latest tech trends enterprises have been able to benefit from.

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GovShop a new way to buy for government supply managers

NC State SCRC

For many years, government contract officers working at the local, state, and federal level, relied on a variety of different networks to search for qualified suppliers. In many cases, they went back to “the usual suspects”, which often involved suppliers that had been used in the past, or whoever happens to have submitted the lowest bid on the last RFQ.

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7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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Supply Chains Disruptions at Highest Rate in 3 Years

Material Handling & Logistics

Factory fires were the most frequent event type in the first half of 2018. Supply chain disruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch Supply Chain Disruption Report, by Resilinc. In the first half of 2018, Resilinc notified a record 1,069 events within a six month period, the highest since Resilinc began monitoring in 2010.

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How to Reduce Fraud in Logistics

Shipchain

Fraud in logistics is a major problem. So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Blockchain technology may be the closest thing we have to a solution, and therefore, it has the potential to drastically change the industry as we know it.

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The Indispensable Role of WMS in Reverse Logistics

GlobalTranz

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

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The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by Jason Rosing and Veridian at [link] Permission to publish provided by Jason Rosing. Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Transforming Your Global Supply Chain Digitization

Supply Chain 24/7

As global supply chains become more and more complex, and as international shipping costs continue to rise, you know that digitizing data and collaboration tools in your supply chain are more crucial than ever.

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We’re hiring a Marketing Assistant!

Provenance

Provenance empowers brands to increase trust, using revolutionary technologies for greater supply chain transparency. Our SaaS software enables businesses to bring the origin, journey and social and environmental impact of products to the point of sale. At Provenance, we envision a future where every great product comes with accessible, verifiable information about the people, places and materials behind its creation, helping us all make positive choices about the things we buy.

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Making Sense of Supply Chain 4.0

Material Handling & Logistics

What, exactly, can 'digital transformation ' improve upon? Have you ever heard someone tell a joke where everyone laughed except for you – because you didn’t get it? That’s how I felt when I first heard about digital transformation. Everyone seemed to know what it was. Everyone was excited about it. In supply chain management, it was all anyone could talk about.