May, 2016

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What’s Wrong with Aftermarket Parts Supply Chain Planning?

ToolsGroup

This is actually a trick question. What’s wrong with aftermarket supply chain planning really has nothing to do with planning, but with management expectations. This is a case of management not expecting enough from their business. There is a reoccurring conversation in the parts industry that suggests that demand and distribution in this space is so complex that companies need to settle for less – lower customer service levels, fewer inventory turns, more obsolete or stranded inventory, and ult

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Building Talent: A New Approach

Supply Chain Insights

You are running hard. As a supply chain leader you want your team to make progress and outpace the pack. One of the toughest challenges for the supply chain leader is building and retaining talent. Managing a global supply chain team today is not easy. We find that 59% of companies are experiencing issues in training and retaining mid-management talent.

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See the past, present and future of your supply chain

DELMIA Quintiq

Before the rise in wearable technology, how did you measure the distance you ran, the number of steps climbed, and the amount of calories burned? Chances are, you used a portable pedometer to measure your steps and distance travelled, and a diary to keep track of your calories burned. As technology advanced, so did fitness and activity trackers. Fitbit™ trackers not only tell you how many steps you’ve taken but how to eat a well-rounded meal, sleep better and ultimately, become a healthier human

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Groundhog Day

Supply Chain Shaman

Groundhog Day is celebrated on February 2. According to folklore, if it is cloudy when a Groundhog emerges fro m the burrow, then the forecast of an early spring is predicted. If it is sunny, and the groundhog sees his shadow, then the groundhog retreats back into the hole and the prediction is for winter weather to persist for six more weeks. It is a ritual.

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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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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How can you ensure that your team is prepared to embrace these new technologies and approaches?

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Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication. As Amazon invests relentlessly to boost its agility and drop its costs, retailers are also looking for ways to raise their game. Industry analysts have pointed out an obvious fit with inventory optimization.

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[Infographic] 5 Ways STEM Education is Leading the Logistics Industry

GlobalTranz

The studies of science, technology, engineering and math (STEM) have shaped the logistics industry into what it is today. Logistics, the discipline that manages the shipping and distribution of goods to consumers, has made momentous strides in recent years with help from new technology. For students, logistics is an interesting and challenging field to pursue.

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Transforming the Supply Chain

Enterra Insights

“A high-functioning, flexible and agile supply chain is increasingly critical to business success,” asserts Donna Fritz, Vice President of Marketing … Continued. The post Transforming the Supply Chain appeared first on Enterra Solutions.

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Are You Putting Lipstick on a Pig? Or Creating New Value?

Supply Chain Shaman

During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. I have done this for a decade. However, this year is different. I feel more disruption in the air. There is a confluence of factors. The technology market for new Enterprise Resource Planning (ERP) is drying up. Excess ERP consultants line the bench.

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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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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How can you ensure that your team is prepared to embrace these new technologies and approaches?

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Is Your Supply Chain the Tortoise or the Hare?

Kinaxis

by Alexa Cheater In Aesop’s Fables there is a very famous story about a tortoise and a hare. For those of you unfamiliar with this children’s classic, the moral of it is this—slow and steady wins the race. Except of course, if you work in supply chain. While turtles and tortoises have many wonderful qualities that should be celebrated as part of World Turtle Day , their characteristically slow pace and unhurried nature can prove detrimental to any business trying to keep up in this digital age,

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The View from Finance: Freeing Up Cash with Inventory Optimization

ToolsGroup

If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. Whether the message comes down from the Chief Financial Officer (CFO) or even private equity investors, either way it's pretty much the same thing: free up cash from the business. Inventory optimization is one proven way to do it.

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How the IoT Platform Fixes Problems in Today’s Logistics Industry

GlobalTranz

While logistics and manufacturing have grown exponentially, problems have become more complicated. A single malfunction can disrupt entire analytics’ systems, disrupting processes along the way. At the same time, machines-to-machine connectivity through the Internet of Things (IoT platform) is increasing the value of data companies have to analyze. Regardless of where you sit to view the logistics industry, problems are becoming more evident.

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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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Integrated planning of production & logistics: Is it possible?

DELMIA Quintiq

The answer is yes. Integrating production and logistics enables you to increase your delivery performance, reduce transport costs, and improve the utilization of your production resources. So why are manufacturers still suffering from disjointed decision-making in these areas? This is better explained with an example. Let me walk you through the planning challenges faced by an animal feed manufacturer and how you can overcome similar planning puzzles in your operations.

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Supply Chain Operating Networks are Finally Beginning to Emerge

Logistics Viewpoints

The concept of a network of networks – a network that rides on top of other networks and leverages those other network’s data – has been in existence for a while. ARC prefers the term “supply chain operating network,” which we have been writing about since 2003. While the terms are in use, what has not been present is an actual working example of a supply chain operating network.

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Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. A whopping $13.92 billion dollars of US venture capital was invested in the first quarter of 2016. And with daily headlines on new Ubers for X, new tech acquisitions, and the continuing crawl of technology into our everyday life, we’re focussing on five emerging tech trends that have the potential to reshape logistics. 1.

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Move over old man. It’s time to meet supply chain planning 4.0

Kinaxis

by Trevor Miles What I took away from the Gartner Supply Chain Executive Conference …. Supply Chain Management is a relatively young practice, though many of the core principles go back many decades and are based on Operations Research concepts. These have focused on optimization and efficiency. Undoubtedly the world is a better place because of this focus on manufacturing and distribution efficiency over the past 50 years, resulting in large gains in productivity and therefore standards of livi

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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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A Better Approach to Supply Chain Segmentation?

ToolsGroup

Editor's Note: There will be no blog post next week. Most companies segment their supply chain by breaking it down according to operational and logistical metrics. That’s necessary for continuous improvement and operational excellence. But there is another way to segment supply chains that begins with the customer. Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sour

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The 3 Myths & Current State of American Manufacturing

GlobalTranz

This is the first in a series of blogs where we will cover the current state for U.S. manufacturers, supply chain, logistics, transportation, and freight management. Today we focus on the realities that we face with American manufacturing. The argument for American manufacturing is clear, and the topic has graced the stages of all political candidates.

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Agile Marketing is Right Approach for Today’s Digital Path to Purchase

Enterra Insights

According to Scott Brinker (@chiefmartec), co-founder & CTO of ion interactive, today’s digital path to purchase requires marketers to create … Continued. The post Agile Marketing is Right Approach for Today’s Digital Path to Purchase appeared first on Enterra Solutions.

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Can Supply Chains Become Truly Sustainable?

SCM Research

Our world is in crisis! Ten years ago, Time Magazine featured the headline: “Be Worried. Be Very Worried.” (about global warming). But things only got worse since. Leaked TTIP documents point to a race to the bottom in ecological standards between the EU and the U.S. New NASA figures show that April 2016 was the seventh month in a row that broke global temperature records and NOAA data show that “[t]he globally averaged temperature over land and ocean surfaces for 2015 was the

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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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Total Disruption: A Better Business Model

The Network Effect

With the new solution model, that of a network with extensible solutions, comes the possibility of a new business model that makes software vendor and customer, not adversaries as they often seem to be, but partners. With traditional ERP, each customer needs to buy, implement, customize and maintain their own instance (or outsource it, pay a premium and manage that relationship).

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Supply Chain Solution Providers Help Navigate Change

Kinaxis

by Alexa Cheater How many silos are still operating in your organization? If you work in supply chain, the answer is probably too many. With economic pressures in countless industries swirling rapidly, companies still using Excel and email as their main planning and communication tools are likely to be left adrift at sea. Adapting to a more effective and efficient way of running supply chains is the key to survival.

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Using Network Visualization to Mitigate Supply Chain Risks

Logistics Viewpoints

I recently spoke to Trace White and Travis Parker from HP Inc. (HP) about using supply chain network design and visualization tools to respond to supply chain risks. This is something that their team at HP started to examine about two to three years ago. They had built a supply chain visualization tool in response to getting a better handle on how to position supply chain initiatives, such as direct ship activities.

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23 Reasons the Ideal TMS is best for LTL Freight Shipping

GlobalTranz

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS).

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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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The Complex World of Flavors

Enterra Insights

“They help give Coke its distinctive bite and Doritos its cheesy kick,” writes Candice Choi (@candicechoi). “But the artificial and … Continued. The post The Complex World of Flavors appeared first on Enterra Solutions.

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Can Supply Chains Become Truly Sustainable?

SCM Research

Our world is in crisis! Ten years ago, Time Magazine featured the headline: “Be Worried. Be Very Worried.” (about global warming). But things only got worse since. Leaked TTIP documents point to a race to the bottom in ecological standards between the EU and the U.S. New NASA figures show that April 2016 was the seventh month in a row that broke global temperature records and NOAA data show that “[t]he globally averaged temperature over land and ocean surfaces for 2015 was the

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The Future of the Omnichannel Retail Supply Chain

The Network Effect

Jim Tompkins, CEO, Tompkins International, discusses the importance of a consumer-driven supply chain in terms of the biggest threats and opportunities to retailers today. I’m not sure that the retailers get the level of disruption or the level of transformation that’s taking place in the workplace. Obviously they see some of it because they’re very smart people but they’re so busy executing and so busy following what they’ve done for years, I’m not sure they get the store versus eCommerce thing