March, 2021

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Philip Morris Drives Manufacturing Insights Using A Digital Twin

Supply Chain Shaman

Supply chains quickly move through fads and buzz words. Over and over again, organizations fall in love with shiny objects moving from concept to concept. Unfortunately, shiny object love fests abound, but they do not drive value. The goal is to transition from fads to drive true innovation. Today, entangled in digital supply chain discussions is the concept of the digital twin.

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Purchasing Manufacturing Network Design Software? Consider These Factors

River Logic

Manufacturing network design software focuses on optimizing plant locations, capacity, and product flow paths. It can span what-ifs on internal production optionality versus outsourced production. Since COVID-19, companies need more flexibility and agility in scenario analysis, so they can ensure their networks are resilient to continued disruption.

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Optimize Your E-commerce Returns Strategy With Real-Time Data

GlobalTranz

To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Reduce confusion over bookings, pickups, and deliveries by sharing critical documents within an overarching TMS platform.

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Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

by Nicola Buttolo, CEO Carpe Diem Valuenet. When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. While sophisticated supply chain planning is a necessity for any industry with complex demand, the fashion industry is particularly tricky due to high variety and segmentation (by type of consumer, sales chan

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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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Conquering Supply Chain Uncertainty With the Right TMS

3GTMS

A year into the pandemic, declining caseloads and the vaccine rollout are sparking hope that we’re gaining ground against the virus. However, the future is still uncertain, and positioning your supply chain for success comes with many questions and challenges. We take a look at what you can do to get ahead by setting up […]. The post Conquering Supply Chain Uncertainty With the Right TMS appeared first on 3GTMS.

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What is Supply Chain Resiliency?

Logistics Viewpoints

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Each disruption has its own nuances, so it’s challenging to plan a precise response to each one.

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Leveraging Virtual Twin in the Aerospace and Defense Industry

DELMIA Quintiq

The aerospace and defense (A & D) industry is facing numerous challenges following the recent pandemic, dealing with constrained demand and vulnerable supply chains. The scale of the disruptions’ impact have forced companies to reexamine their existing operations and decision-making processes, especially in operations and manufacturing. There are early signs of a return of commercial demand in the next 12 months and companies around the world now have an opportunity to engage in digita

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Gartner Research: 3 Trends Shaping Future Supply Chains

AIMMS

The post Gartner Research: 3 Trends Shaping Future Supply Chains appeared first on AIMMS.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella. Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue.

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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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Above the Fold: Supply Chain Logistics News (March 12, 2021)

Talking Logistics

It’s only March, but we already have a winner for “Word of the Year” for 2020: canceled. Last Friday I wrote about industry conferences getting canceled due to the novel coronavirus, but in just the past few days, almost everything has been canceled or suspended this month: schools, concerts, sports, religious services, and the list. Read more Above the Fold: Supply Chain Logistics News (March 12, 2021).

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The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

The Logistics & Supply Chain Management Society

OVERVIEW. We hear it everywhere: Covid-19 has accelerated digitization—but I have several questions! Is this true for the supply chain industry? What is the speed of progress specifically there? Is there real evidence that supports the impression that digitization is truly and durably accelerated? What seems to be clear by now is that the COVID-19 pandemic has laid bare the vulnerabilities and risks of today’s global supply chain networks.

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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

Belcorp’s Maturity in Supply Chain Design. When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supply chain

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Viterra Initiates Global Digital Transformation Program with Dassault Systèmes’ DELMIA Quintiq

DELMIA Quintiq

Viterra , formally Glencore Agriculture, a global leader in the sourcing, handling, processing and marketing of agricultural commodities and products, has started a global digital transformation program to improve and accelerate its business decisions. As part of this program, the company has implemented Dassault Systemes’ DELMIA Quintiq solution to create and benchmark scenarios, analyze the effects of decisions and continuously optimize its business operations.

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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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The Day of Reckoning for Sustainability Claims

Logility

Traceability will be key in meeting consumer demands for sustainability. The short version: if you can’t track the complete history of a product, including material and labor inputs, you can’t make an ironclad claim about its sustainability. There is no credible sustainability without comprehensive traceability. The latest twist: what’s always been an ethical issue is now a legal issue, too.

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Harnessing Your Domestic TMS as Reshoring Trends Continue

3GTMS

Of the many things 2020 taught us, one key takeaway was understanding the global supply chain’s volatility. In the blink of an eye, offshoring manufacturing halted worldwide, forcing companies to find alternative ways to meet demand and explore potential reshoring possibilities. To make up for the higher costs of in-country sourcing, businesses search for ways […].

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[Editor’s Pick] Class 8 Truck Orders in 2021: Past Trends and Future Capacity Outlook

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Matt Snider from Breakthrough’s blog discusses trends in Class 8 truck orders and their significance for shippers moving.

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Green Corridor: Gemba Your Way to Green!

The Logistics & Supply Chain Management Society

Replace florescent lights with LEDs! Forgo disposable plastic utensils! Reuse all boxes for export packaging! Compel staff to think twice before printing out hard copies of any document! These are just some of the actions that move organizations toward sustainability. By recommending easily actionable solutions and motivating your employees and team members to adopt them are a great way to make them feel they play a part in your company’s overall sustainability journey.

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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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Achieving Overall Logistics Effectiveness in Warehouse Operations

Logistics Viewpoints

I recently had the opportunity to speak with Mike Khodl, VP of Differentiated Technologies at Dematic. We spoke mostly about achieving optimal warehouse performance. However, we discussed a number of key subtopics, beginning with the role of software intelligence in automated warehouses as a strategic value driver, and the critical role it plays in in managing the automation, manual activities, material flows, and order fulfillment within a facility.

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My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

Supply chain management is a team sport. Just as there are many flavors of sports teams, there are many types of supply chains. Success depends on a team pulling together against a common goal. Team play requires clear rule-definition, timekeepers, referees, and coaches. The game in each sport is different: a swim team has little in common with rugby.

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2020 Demonstrated the Importance of Managing Demand Variability

Logility

Last Year’s Black Swan Event Felt Like a Flock of Black Swans. Supply chain professionals are wrestling with many questions as we emerge from the year of the pandemic. Among them: What can we do to prepare for such extreme demand variability? How can we engage executives and drive home — once and for all perhaps — the importance of bold action, process improvement and enabling technologies?

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Frequently Asked Questions about S&OE

AIMMS

This is a guest entry by Sander van Lokven, General Manager at Districon Solutions North America, an AIMMS implementation partner. Districon is a consulting company that brings the power of optimization and analytics closer to supply chain processes. What is S&OE and what does it entail to develop a companion app with optimization capabilities? As Gartner explains , “a good way to think about S&OE (Sales & Operations Execution) is to picture a middleman that receives, interprets and

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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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Above the Fold : Supply Chain Logistics News (March 26, 2021)

Talking Logistics

Ship happens. And there’s nothing AI, ML, or blockchain can do about it. You either wait in traffic or take the long way around if you’re on that watery road. Maybe there’ll be a McDonald’s or Starbucks at the next exit. — In other supply chain and logistics news this week… Shipping losses mount from. Read more Above the Fold : Supply Chain Logistics News (March 26, 2021).

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Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

OVERVIEW. Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets. All these events combined, plunged the global economies into multiple catastrophies—global shutdowns, negative economic growth and huge monitory and human losses.

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Supply Chain Talent Matters More than Ever

Logistics Viewpoints

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. AGCO has received well deserved acclaim for the agility with which they navigated the pandemic ( How They Did it: AGCO and COVID-19 ).

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A Tale of Two Industries: Surprising Demand Spikes amid Supply Chain Disruption

ToolsGroup

Levent Ozsahin, Managing Partner at Advancetics B.V. It’s human nature to miscalculate how best to respond to supply chain disruptions–either over- or under-steering in anticipation of a crisis. Optimists often delay preparing for supply chain disruption for fear that contingency actions lead to self-fulfilling prophecies. Pessimists are known to ‘catastrophize’ and prepare for such dire outcomes that they become blind to any potential silver linings.

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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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Do You Really Understand What’s Driving Your Demand Planning Processes?

Logility

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Some years ago, a 40-year-old Midwest process manufacturer with 40,000 SKUs finally completed implementing a new ERP system and quickly worked to combine all the new data with an array of other operational software, producing tons of new data daily.

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Experimenting Our Way Towards The Evolution Of Logistics

Freightos

Co-authored by Rebecca Wright (Head of Marketing, Twill) & Eytan Buchman (CMO Freightos Group). With customer expectations continuously on the rise and as technological progress continues, logistics companies need to explore new ways of innovation. As we kick off our joint Freightos.com x Twill experiment, we share our thoughts and initial observations with you.

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Generation Stereotypes: Do They Hinder Supply Chain Collaboration?

Talking Logistics

Generation stereotypes exist, and as the authors of a Harvard Business Review article state, “these beliefs can get in the way of how people collaborate with their colleagues, and have troubling implications for how we people are managed and trained.” So, last September we asked our Indago members, “Do you agree or disagree that stereotypes. Read more Generation Stereotypes: Do They Hinder Supply Chain Collaboration?