February, 2020

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The Seven Step Process to Reducing Supply Chain Lead Times

Demand Solutions

Are your lead times too long? Are customers and retail partners complaining that you move too slow? If you believe your firm’s lead times could be shortened, then they probably can. With these seven simple steps, you can work to optimize your supply chain and make the process more streamlined. Choose Suppliers Closer to You. Many firms choose to source outside their home country in order to take advantage of lower labor costs.

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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What Is Demand Sensing and How Do You Get Started?

ToolsGroup

“Good old supply chain. It just gets simpler every year!”. … said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. Internet-fed trends are changing at hyper-speed. As businesses use more “levers” to influence demand, demand variability grows.

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Get Your COV On….

Supply Chain Shaman

…the weekend is just around the corner. Happy Valentine’s Day to all my blog readers. This is my 440th blog post and the tenth anniversary Supply Chain Shaman. It seems hard to believe that I have been typing away over these years building an audience of over 20,000 global readers. My friends would tell me to relax and get my Groove on b ut, I find myself deep into a presentation for a client’s design thinking session next week.

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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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Observations on Artificial Intelligence in the Supply Chain Market

Logility

With 2020 well underway, it’s a great time to pick a hot industry topic and subject it to a “state of the state” evaluation. And where better to start than Artificial Intelligence (AI) in the supply chain market? During this frothy, buzzword-laden phrase, we’ve seen a lot of shiny objects competing to exploit legitimate excitement around Artificial Intelligence, and in the process they may be creating confusion.

More Trending

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Companies Get Serious About Climate Change

Enterra Insights

Everyone is familiar with the canary in the coal mine analogy. Currently, there are a couple of such canaries on the world stage — Venice and Australia. Venice is flooding and Australia is burning. Both situations are attributed to and exacerbated by climate change. McKinsey analysts Dickon Pinner and Kevin Sneader ask, “Does your business treat climate change as a far-off risk, something for the future but not a priority today?

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Food Chain Transparency – One of tomorrow’s most important supply chain goals?

All Things Supply Chain

A few weeks ago, I overheard a conversation in a rural private household about whether it would be worthwhile to keep their own laying hens in order to remain independent…

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Track and Trace in the Food Supply Chain: Eggs

Shipchain

Modern-day food supply chains are extremely complex. Especially in today’s age in which recalls are seemingly an everyday occurrence, consumers are wary of what’s on their plate. Thankfully, ShipChain’s Track and Trace Platform tackles this lack of trust by bringing visibility to the food supply chain via blockchain technology. If you’re scratching your head and wondering what that actually means, let me explain.

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Closing the Gap Between Planning and Execution

Logistics Viewpoints

Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area. The post Closing the Gap Between Planning and Execution appeared first on Logistics Viewpoints.

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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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11 Inventory Management Best Practices & the Role of Technology

GlobalTranz

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1.

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Coronavirus and Supply Chain Leaders: 9 Must-Know Threats

River Logic

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The coronavirus outbreak has the whole global community concerned and hoping for the swift containment of this humanitarian crisis. . In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk.

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The Supply Chain of Your Valentine’s Day Flowers

Kuebix

The History of Valentine’s Day Valentine’s Day existed in a variety of forms before settling into its fixed date of February 14th. It can be traced all the way back to a mid-February holiday on the ancient Roman calendar, existing as a day to celebrate the possibility of new life even before Saint Valentine was […]. The post The Supply Chain of Your Valentine’s Day Flowers appeared first on Kuebix.

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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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What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? You must surely know the story of Goldilocks and the Three Bears? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle of having something that is not too hot and not too cold has been used for everything from the search for habitable Earth-like planets to inventory management, and of course, the perfect porridge temperature.

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Will coronavirus affect your supply chain?

DAT Solutions

Coronavirus is getting a lot of attention, but it hasn't had much impact on domestic freight in the U.S. so far. If the slowdown in Chinese exports continues beyond the end of February, however, the effects could ripple through worldwide supply chains and reduce demand for freight transportation here. Trucking will likely be the last transportation mode to be affected.

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2020 The Year To Address The Elephant in Every Room – Data

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain. In this blog, I have attempted to extrapolate some of the main points shared by those who are winning, or at least, not losing the war on bad data.

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Is Your Supply Chain Ready for 2020?

DynaSys

Are you ready for the future? 2020 is not science fiction anymore, it’s right now. . Faced with an unstable economic environment in which change is the only certainty, companies are operating today in a new world. Global trade, geopolitics, climate changes, natural disasters, digitization, the increasing demand for customer flexibility and the volatility of consumer demand increase supply chain complexity.

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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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Is S&OP Excellence Slip Slidin’ Away?

Supply Chain Shaman

At what point does erosion cause the side of a mountain to give way? It is usually the small shifts… over time, there is degradation. And, then suddenly, the mountain gives way collapsing to the land below. S&OP Slip Slidin’ Away. …the same is happening in supply chain processes. This week, as I worked on my Sales and Operations Planning (S&OP) report, I found myself tapping my foot to the same music in my head, as I asked myself the question, “Why are companies getting

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Coronavirus and the Automotive and Pharmaceutical Supply Chains

Logistics Viewpoints

Earlier this week, the death toll from the Wuhan coronavirus rose to over 1,000 people, invoking memories of the 2003 SARS outbreak. While the human aspect of this outbreak is clearly the biggest story, the virus is causing major disruptions in global supply chains as well. As my colleague Steve Banker pointed out yesterday, the global high-tech supply chain has been hit particularly hard.

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Coronavirus: Implications for supply chains and the people who power them

Kinaxis

by Jay Muelhoefer Today’s global supply chain leaders know to expect the unexpected. They prepare for natural disasters, sudden regulatory changes, social and economic shifts, and even cyber attacks. But some events are more disruptive than others. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk.

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The Ever-Expanding Role of AI and AR in Food Logistics

GlobalTranz

The food supply chain is unlike any other. While electronics, automotive, and consumer goods’ supply chains promote their products, the food supply chain represents a basic human necessity–food. As a requirement to everyone, foods and beverages deserve a highlighted view of the use of new technologies, including artificial intelligence (AI) and augmented reality (AR) to.read More.

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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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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

2020 seemed a world away just a few years ago and yet, here we are. This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Here are three trends to consider. . Sustainability on the agenda. Compani es are increasingly under pressure to become more green. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall.

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A Manufacturer’s Guide to E-Commerce Fulfillment Excellence

Talking Logistics

There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?

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Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

Remember the Peter, Paul and Mary song, Puff the Magic Dragon ? It was a song from my youth. While there is a raging debate on song intent— Was the goal of the song to celebrate a children’s story from Oliver Wilde about the loss of innocence or is it a statement about the use of drugs? —in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee.

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Make Your Supply Chain a Sustainability Champion

Logistics Viewpoints

Today’s headlines are filled with disheartening news about climate change, resource depletion, pollution, hunger, access to clean water, and poverty. The world is paying a high price for the traditional “take, make, use, waste” philosophy that failed to consider the long-range social and environmental consequences of mass consumerism. In response, in 2015 more than 190 countries joined to endorse 17 sustainable development goals (SDGs) ?

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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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Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. But Rome wasn’t built in a day, and digital roadmaps that align with company goals do not take shape overnight.

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Freight & Transportation Management Trends for 2020 to Know

GlobalTranz

The transportation management trends for 2020 reflect a growing consensus that new technology and visibility will define the successes of the future supply chain. Adoption rates for new services and cloud-based technologies are climbing, and the global transportation management system (TMS) is expanding. In fact, according to FreightWaves, the global TMS market will achieve a.read More.

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FedEx and Freightos – Improving Digital Freight Together

Freightos

About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Clearing customs is a painful process – the U.S. Customs and Border Protection has about 30,000 different product classifications, as do other countries – and customs classifications can be subtle. .

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