March, 2016

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Friends with Fitbits: Fitness tracking and taking supply chain planning to the next level

DELMIA Quintiq

It’s been a busy week and I forgot to charge my Fitbit. It has become a habit to make sure that I am getting all my steps in and not just meeting, but exceeding my daily and weekly fitness goals. What does this have to do with supply chain planning? As it turns out, plenty. And I will get to that shortly. It all began last summer. Our parent company, Dassault Systèmes, places great emphasis on the health and wellbeing of its 14,000+ employees.

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Warehouse Statistics and KPIs Every Logistics & Warehouse Manager Should Know

GlobalTranz

When discussing warehouse statistics many key performance indicators are mentioned. Stock movement, order duration times, utilization of equipment and personnel, error rates and many more. So what are the most important figures needed to run a warehouse? Depending on the warehouse design and complexity there are at least a hand full of statistics that any manager needs.

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What's wrong with ABC inventory classification?

ToolsGroup

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. In fact, it’s not. And it’s not even nearly the best way. It’s actually a throwback from technology developed during the 1960s that hasn’t responded to the orders of magnitude increase in computer power that has enabled far better ways of solving the problem.

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Tackling the Unknown: Trying to Figure Out New Forms of Analytics

Supply Chain Shaman

The new world of supply chain analytics is my current research project. Using unstructured and stream data is a brave new world. The possibilities of data variety and velocity to improve supply chain management excite me. As I study the market; today, I have more questions than answers. There is a great need for improved supply chain analytics. New solutions offer great promise.

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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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7 Habits of a Highly Effective Supply Chain Manager

Supply Chain Opz

The supply chain is evolving more rapidly than ever before due to outside factors such as geopolitical influences, an increase in natural disasters and the proliferation of technology. In such times of change, it is critical to have a supply chain manager in the catbird’s seat to help it navigate resource allocation. In today’s world of finite resources, competent management of time, materials, facilities and human talent means allocating them to the uses that create the highest value.

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Port optimization – process thinking gets distracted by techno-babble

DELMIA Quintiq

Recently, I had the chance to spend a few days with a bunch of talented operations professionals working in shipping terminals. Dealing with containers, bulk, break bulk, chemical products, and RORO, they offered a broad spectrum of opinions and ideas. Automation was on everybody’s mind, and so was the proliferation of sensors and controls installed in every piece of modern port equipment.

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Wearable Technology in the Supply Chain: 3 Core Benefits

GlobalTranz

Do you ever watch Undercover Boss? Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company. One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger.

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Why is Terra Technology Gone?

ToolsGroup

Demand sensing is great supply chain planning functionality. It drives improved short-term forecast accuracy, helps create responsive replenishment , and usually offers a good ROI. But Terra Technology, one of the best known names in demand sensing, is gone. On March 4, E2open announced it had acquired the firm. In olden days, there was a saying, “The King is Dead.

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Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. The first question to answer is, “What defines value?

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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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Making Sense of New Data in the Supply Chain

Supply Chain Opz

Right now we are seeing a tremendous increase in the amount of data available throughout the supply chain. The problem is, there is so much data that no one really knows what to do with it. Harnessing the power of data is vital for ensuring your supply chain is meeting customer expectations. To get started making sense of all this data, supply chain managers should adhere to the following steps: 1.

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What Your Company Needs to Succeed in Today’s Retail Landscape

AIMMS

It’s no mystery that some of the world’s largest retail chains are struggling to survive. Walmart is closing a record number of stores (269) in the U.S. and abroad this year. Trusted names like Sears, J.C. Penney, and Gap have also lost their momentum. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy.

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Made in “I Really Don’t Know”

Talking Logistics

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.

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5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

GlobalTranz

Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. However, actual investments could easily exceed these expectations. The development and deployment of autonomous vehicles, machine-to-machine communication abilities and preventative maintenance could all team up to result in even greater savings in 2016, which will further increase investments for the Industrial Internet of Things.

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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’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. The report is available below and the following also includes some comments from a recent discussion with Cooke. Nucleus is known for focusing on the financial impact of technology, so that is where Cooke begins.

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Seeing Beyond the Firewall

Supply Chain Shaman

Supply Chain Operating Networks: The building of supply chain applications using many-to-many architectures to connect multiple parties to multiple trading partners to improve multi-tier supply chain visibility, planning and execution to improve relationships in extended value chains. . The winds of a recession are whipping. Trade winds are changing.

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Can you win with a broken chain?

Kinaxis

by Carmen Humplik. If you’re not familiar with the sport of downhill mountain biking, it basically involves racing down a mountain on a steep, narrow, and gnarly track to reach the finish line as fast as possible. Currently, one of the most dominant riders on the downhill racing scene is an American by the name of Aaron Gwin. Gwin, who until very recently rode for the Specialized bike company, is the 2015 overall UCI Downhill Mountain Biking World Cup title holder.

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How Consumers Are Transforming Supply Chain

Supply Chains Rock

For an industry that is transformed by the everyday behaviour of consumers, supply chain should not only respond to socio-economic growth, but help to facilitate it. In this digital age, supply chain systems are of much greater importance to the consumer.

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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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Ready For The Future Of Freight?

Freightos

Want to know the future? In 2012, The Economist assessed the impact that technology developments will have had on business by 2020, surveying and interviewing global technology and business leaders. At the time, the predictions seemed unreal. But 2016 marks the halfway point and it seems that the predictions were on the mark. These particular conclusions (slightly paraphrased here) should sound familiar to business leaders in the logistics industry: Few industries will remain untouched by disrup

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The 5 Benefits of Virtual Reality in Manufacturing

GlobalTranz

In February 2016, Good Morning America brought virtual reality experiences to the masses as everyone went with “GMA on Safari,” reports Fortune magazine (video below). This safari took viewers with smartphones and a cardboard cutout into a 360-degree experience, representing the startling shift towards virtual reality applications in everyday life. However, virtual reality hasn’t always been as accessible, and actual virtual reality is slightly different than GMA’s experience.

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Ferrari: Under the Hood

ToolsGroup

Today we interview Bob Ferrari, executive editor of the blog Supply Chain Matters ( www.theferrarigroup.com/supply-chain-matters ) and founder and managing director of the Ferrari Consulting and Research Group. Bob’s supply chain experience spans more than 30 years at private sector and analyst firms, making him one of the most experienced supply chain authorities in our profession.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. In the market announcement yesterday the terms of the acquisition were not disclosed. I have followed both of these companies for 15 years and writing this post is bittersweet.

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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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What are Supply Chain Superstars Looking for in an Employer?

Kinaxis

by Alexa Cheater This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. A few weeks ago, we offered an infographic that laid out key skills (hard skills + soft skills) that employers are looking for when hiring Supply Chain professionals. In that post, we condensed many discussions with hiring managers and senior directors in the field into key points of expertise that any Supply Chain professional should develop w

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A Truth About Global Transportation: It Happens Locally

Talking Logistics

As shippers of all sizes expand their global sourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with global transportation management. What are the main challenges global shippers face today? “It depends on who you are as a company,” said Mike Skinner, Vice President at CLX Logistics , in a recent episode of Talking Logistics.

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Getting Smart With Logistics Big Data

Freightos

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualizati

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4 Infographics Showing How Technology Is Transforming Global Manufacturing & Supply Chain

GlobalTranz

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. The ISM projects a 4.1 percent net increase in revenue for 2016 , and as we’ve briefly mentioned past blogs , technologies such as predictive data analytics, virtual reality, smart connectivity and 3-D printing will drive this growth and reshape the global economic competition between U.S. and

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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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Digital Supply Chains: What’s the Big Deal?

The Network Effect

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. BCG recognizes that the digital supply chain is not new, and it has been productive, but notes that it has failed to deliver on its full potential.

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The p-value Debate Has Reached SCM Research

SCM Research

We should not ignore that researchers – in general but also in supply chain management – are not always as properly trained to perform data analysis as they should be. A highly visible discussion is currently going on regarding the prevalent misuses of p -values. For example, too often research has been considered as “good” research, just because the p -value passed a specific threshold – also in the SCM discipline.

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It’s time to revolutionize planning

Kinaxis

by Andrew Dunbar It’s 2016, and data is everywhere. Alphabet Inc., owner of Google, has recently become the world’s most valuable company , in a large part due to its ability to process enormous amounts of data, and convert it into actionable information. They can turn your historical Google searches, location information, emails, and calendar entries into targeted ads, and it generates them an incredible amount of revenue.