May, 2016

article thumbnail

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.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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,

article thumbnail

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.

article thumbnail

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.

Gartner 159

More Trending

article thumbnail

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.

article thumbnail

[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.

Education 142
article thumbnail

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

article thumbnail

The 2016 Top 25 Supply Chains – Three Bold Predictions

Kinaxis

by CJ Wehlage Two years ago, I made some very bold predictions on the 2014 Top 25 Supply Chains, and about 80% of them were true. Last year, I made the not-so bold predictions, as the Gartner 2015 Top 25 Supply Chain rankings were pretty much unchanged. That is, except for the new “Masters” category. I sure hope the Gartner gang will keep a focus on the Masters (Apple and P&G), as these two supply chains continue provide best practice learnings.

Gartner 149
article thumbnail

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?

article thumbnail

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.

article thumbnail

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?

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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

article thumbnail

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

article thumbnail

Don’t Fear Optimization (It’s Just a Word)

Talking Logistics

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supply chain and logistics industry. “You have to optimize your [transportation, inventory, manufacturing, or other business process] to maximize your costs savings and benefits,” is what industry analysts, consultants, acad

article thumbnail

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.

article thumbnail

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.

article thumbnail

The conference that business leaders cannot afford to miss

DELMIA Quintiq

Another year, another list of must-attend supply chain and logistics events. With so many to choose from, how do you decide? Every moment spent away from your desk has to be worth the time and investment. This is why the Quintiq World Tour in Frankfurt should be at the top of your list. Read on to find out more. The agenda. Attended jam-packed supply chain events only to leave with stacks of brochures?

article thumbnail

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.

article thumbnail

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.

article thumbnail

What is a Supply Chain Planning System of Record (SCP SOR), and Do You Actually Need One?

Kinaxis

by Alexa Cheater How many times have you heard about the perils of having siloed supply chain functions? I know we’ve written about them more than just once or twice on this very blog. And while working inside your own little box definitely isn’t ideal, it’s also not quite the all-consuming, end of the world type evil that is responsible for single handedly bringing down your entire supply chain.

article thumbnail

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.

article thumbnail

Mega Ships: A Look at the Effect of Larger Ocean Vessels at Port

Talking Logistics

We all know that when we go to the store to purchase an item, we often look for a good bargain. After all, when we save a few dollars here and there, it starts to add up. With this in mind, let’s apply the same thinking upstream. Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. As a result, ocean vessels have gotten larger.

Shipping 126
article thumbnail

Incorporating Taxes and Duties in Supply Chain Design

Logistics Viewpoints

There are numerous ways to integrate tax and duties in supply chain design. Here are a few ways to consider both logistics and tax considerations in a holistic view for the best overall design decisions. The supply chain is core to how your business is run and its costs, profit and growth. With the increasing globalization of business, variable taxes and duties across trading borders have a huge impact on overall cost, supplier sourcing, manufacturing […].

article thumbnail

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.

article thumbnail

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).

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

Making Internet of Things (IoT) Work in Supply Chain

Talking Logistics

Live Episode: Thursday, May 26, 2016 at 12:00 pm ET. Is anything as over-hyped as the Internet of Things (IoT) right now? There is so much information about how it will someday transform business processes, provide the insight to drive efficiencies, and improve the bottom line…someday. But how do you get from the hyper-enthusiasm for the technology to making it work for your organization, particularly in supply chain management?