September, 2016

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Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Our goal is to build a guiding coalition to think differently to improve outcomes. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value).

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Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

Here’s what you expect a CEO to say upon the announcement of a corporate social responsibility initiative. As CEO of Quintiq, it’s a great honor to partner with the World Food Programme (WFP). Quintiq aims to make people’s lives better with the technology we create, but rarely do we get the chance to do so in such a meaningful way. This is more than just another CSR initiative for Quintiq.

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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

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Supply Chain Complexity and the Need for Disruptive Technology

ToolsGroup

The keynote address at the always enlightening Supply Chain Insights Global Summit was given by Lora Cecere, and she used it to focus on the problem of growing supply chain planning complexity and how to fix it. “The processes we have designed over the last three decades do not allow us to embrace complexity,” said Cecere. “They do not allow us to really drive global interactions to the degree we need for localized assortment.

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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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State of the Pharmaceutical Supply Chain: Key Takeaways from LogiPharma US 2016

Kinaxis

by Dr. Madhav Durbha Part of what makes my job very exciting is attending conferences. These events provide great opportunities to share, learn, network, and have fun. Earlier this week, I attended the LogiPharma conference, a wonderful event for supply chain professionals working in the pharmaceutical industry. Apart from taking part in numerous interactive presentations and roundtables, I had the opportunity to host a luncheon alongside my colleague, Bill Dubois , for a packed room of pharmace

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Direct Material Woes: Seven Steps to Take to Improve Value

Supply Chain Shaman

It is fall. The hot and humid days are giving way to cool and crisp weather. Today, as I type this blog post, the rain is softly falling on my window sill. The wet streets below signal a shift in seasons. The seasonal rhythms link the threads of our life. As fall becomes winter, supply chain leaders are planning their budgets and building strategies for 2017.

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The future belongs to those who can see ahead and plan for it

DELMIA Quintiq

S&OP Maturity Series, part 2 of 5. In my last post , I discussed a scenario in which the S&OP solution was the difference between having to decide if it was better to lose potential profits, or risk upsetting existing, loyal customers – and meeting everyone’s needs. Having a solid S&OP process will become more important as your company grows from one stage of maturity to the next.

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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

GlobalTranz

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. 1.

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The Self-Correcting Supply Chain

ToolsGroup

Compared to conventional mathematical models (left), self-correcting models (right) are logical, so they can be created, edited, and understood by domain experts. One of the reoccurring themes at the IMAGINE Supply Chain Global Summit , hosted by Supply Chain Insights Founder and CEO Lora Cecere, was the concept of “self-guided” or autonomous applications.

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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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Did Pokémon Go Solve a Historic End-to-End Supply Chain Problem?

Kinaxis

by Alexa Cheater Getting the Right Product in Front of the Right People. It took an augmented reality video game and a host of made up monsters to seemingly solve one of end-to-end supply chain’s biggest problems–getting the right product in front of the right people. Too bad the tactics Pokémon Go has implemented aren’t easily repeatable by the rest of us mere mortals.

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Reducing Complexity in Logistics: Isolation is a No-Go, Collaboration is Key

Talking Logistics

In order to maintain efficiency and reduce complexity, companies must adjust to the frequent changes occurring in the business and logistics world. However, adjusting to change requires the partnership of allies, primarily shippers and logistics service providers with broad networks across the world. When these connections are made, companies can replace static, outdated business models with flexible networks.

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Omni-Channel’s Ripple Effect on Transportation

Logistics Viewpoints

When Transportation Optimization and New Shopping Behaviors Collide One needs to go back to the early 2000s to see green shoots of modern omni-channel retail. While web-based e-commerce began in the late 90s, consumer and retailer appetites didn’t get whetted for omni-channel experiences until the early part of the last decade. Indeed, by 2002, Best Buy was saying more than half of its customers were checking its website before coming to the store.

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Pokemon Go is coming to a warehouse near you!

Techgistics

The Pokemon Go phenomenon, which has exceeded 500 million downloads worldwide , highlights the possibilities of augmented reality (AR) not just for gaming, but also for use in the supply chain. AR is a technology that superimposes a computer-generated sensory input such as sound, video, graphics, or GPS data into a user’s real view of the world. A good starting point for augmented reality in the supply chain, is in warehouses, and DHL recently announced that they will expand testing of augmented

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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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Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. For example, transportation management often focuses on the journey of products after manufacturing.

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The Amazon Revolution, Part II: Tuning Your Multichannel Supply Chain to Compete

ToolsGroup

An Amazon recruiting poster. In the retail revolution, Wal-Mart first brought low-cost goods to the shelf. Amazon then brought low-cost goods— and the shelf —to the consumer's home, via low-cost fast service times. In our last blog , we discussed how Amazon’s low-cost service times, and the pressure that places on supply chains. Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice

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Advantages and Pitfalls of Push and Pull Strategies in Distribution Networks

Kinaxis

by Iman Niroomand What’s driving your supply chain – immediate consumer demand or future projections? In either case, the goal is likely the same: to provide the best customer experience. A truly customer-oriented supply chain strives to fulfill the customers’ demands on-time. Success is defined by the on-time-delivery to request (OTD-R). i In other words, when the product actually gets to the end consumer.

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Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

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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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Happy Labor Day! Insights on Building Supply Chain Talent

Supply Chain Shaman

In the United States, families are packing for labor day. Exodus from the cities leads to jammed roads and packed parks. Now a ritual, Labor Day, is the first Monday in September. Dedicated to the social and economic achievements of American workers, it is a welcome three-day weekend. So, with labor day approaching, I am penning a blog on supply chain talent.

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How the Internet of Things (IoT) Can Optimize Fleet Management

The Network Effect

The Internet of Things (IoT) is having a profound impact across the supply chain. In this article, Geoff Annesley looks. The post How the Internet of Things (IoT) Can Optimize Fleet Management appeared first on The Network Effect.

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The Ultimate Guide to a 3PL Business

GlobalTranz

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. These include: . Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound fr

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The Amazon Supply Chain Revolution, Part I

ToolsGroup

You can tell it’s a revolution when heads roll, and “heads” (brick-and-mortar stores) are rolling in retail. Macy’s is closing 100 more retail stores across the United States. Pacific Sunwear and Aeropostale filed for Chapter 11 protection. Sports Authority is going out of business. This is the continuation of a revolution that began 30 years ago. At the time, retailers were rarely known for their investment in innovation and technology, but Wal-Mart went against the grain in the 1990’s when it

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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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The Sensing +Intelligent + Social Supply Chain: End-to-End Supply Chain Agility

Kinaxis

by Trevor Miles Global supply chains are getting bigger and more complex. As a result, companies are facing added pressure to respond effectively to fluctuating demands and unexpected change. Add in more frequent supply disruptions, managing product life cycles, and increased regulatory controls, and it’s no wonder it’s getting more difficult to protect the bottom line.

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Wells Fargo: The Importance of Culture and the Dangers of Perverse Incentives

Talking Logistics

John Stumpf, the CEO of Wells Fargo, was grilled by senators yesterday over the company’s “ pressure cooker sales culture ” that led employees to create millions of unwanted or fictitious customer accounts in order to meet sales goals. Although the story is in the headlines today, the bank’s practices were first reported by the Los Angeles Times back in December 2013.

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Is Oracle’s Acquisition of Logfire a Cloud-WMS Inflection Point?

Logistics Viewpoints

Oracle recently announced a definitive agreement to acquire Logfire, a Cloud WMS provider. Last year I explained that Cloud WMS deployments still remain limited compared to Cloud adoption of other supply chain software (I am using the term “Cloud” to represent single instance, multi-tenant solutions). And with good reason. WMS is a real-time application that requires quick response times to function properly.

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Making Your TMS a Rallying Point for the IoT

3GTMS

There’s a lot of buzz about the Internet of Things, or IoT. IoT refers to the physical network of vehicles, buildings, devices and other items that are increasingly connected. I also consider people and applications like an ERP or WMS to be part of the IoT. A transportation management system (TMS) has always been applied across many company platforms, exchanging information with your carriers, vendors and customers.

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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 Essential Reference Guide for a Supply Chain Leader

GlobalTranz

Editor's Note: Today's blog is by Dr. Muddassir Ahmed of muddassirism.com. In this blog he provides a simple reference guide to better yourself as a supply chain leader. Why Focus? Supplier Development is a proactive & reactive business process that aims to increase the performance. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs.

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Compelling Use Cases for Drones in Today’s Supply Chain

Techgistics

Although the U.S. Federal Aviation Administration recently announced new rules for commercial drones, there is still not a clear short-term path for mass deliveries of packages via drone. From a regulatory perspective, the most important remaining barriers for autonomous package delivery are: Line of sight rule which prohibits drones from flying out of the operator’s sight.

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NASCES 2016: End-to-End Supply Chain Management Transformations

Kinaxis

by Trevor Miles I was at the North American Supply Chain Executive Summit in Chicago earlier this week. I’m a pretty jaded conference goer, so it is difficult to please me, but I have to say that I was pleasantly surprised by the quality of the keynotes and sessions I attended. The general theme of the conference was about transformational change. What kept nagging at me though is that the presentations were largely about “righting the ship” rather than “moving from ship to air.