June, 2020

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How Firms Use eSourcing to Optimize Their Supply Chain Networks

EC Sourcing Group

How Firms Use eSourcing to Optimize Their Supply Chain Networks. One of the most important things that a business needs to do is keep its supply chain healthy. If there’s a break in the chain, this can negatively affect business in several ways. A good example is when the big box store Target had to suspend operations in Canada when they began to experience supply chain problems. eSourcing in the supply chain is a great way to mitigate and optimize networks and to keep them seamlessly flowing wi

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E-commerce and the Cold Grocery Supply Chain

Americold

Business as usual. COVID-19 put this cliché on ice and has introduced us to unprecedented times and new normals, rocking business models to their core and forcing change where none was wanted. As retail, healthcare, education, travel, banking, and other sectors struggle to adapt, we’re seeing new trends, new challenges, and new opportunities emerge.

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5 Tips to Improve Omnichannel Inventory Management

Unleashed

The world of commerce is an ever-changing one. Tech developments such as 5G and the Internet of Things are reshaping everyday life. And that includes how we all shop. Customer support is evolving with social media, artificial intelligence and unified communications. That’s a lot for any eCommerce business to keep up with. Some things, though, will never change.

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What Is Supply Chain Visibility and Why Is It Important?

River Logic

When these events are analyzed, it’s not unusual to discover that companies were caught off guard because of poor supply chain visibility. In some instances, companies didn’t know where suppliers and sub-suppliers were located, while in others they were unaware of critical dependencies in their extended supply chains. These same issues are still apparent as businesses attempt to restart production in the aftermath of the COVID-19 lockdown.

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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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5 Reasons Why You Need a TMS to Build a Resilient Supply Chain

TMC

Are you looking to improve visibility, automation, and optimization to achieve a more resilient supply chain? Then a global transportation management system (TMS) should be a key part of your supply chain technology strategy. TMS technology—arguably one of the most important logistics management tools available to companies—can make a major contribution toward creating and enabling a responsive, adaptable, and intelligent global supply chain.

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The Supply Chain Can?t Stop: Wrangling Production Delays at Sites Impacted by COVID-19

Elementum

These are indeed strange times. Soap is our #1 superhero. We’ve grown weary of the word, unprecedented. Toilet paper has become the most famous supply chain shortage in our lifetime. And suddenly, ‘surge capacity’ and ‘localized supply chain’ are being called ‘secret weapons’ in headline news coverage: see yesterday’s story on 3M by Bloomberg that hit everyone’s Apple Watch as they began their Wednesday.

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Connecting the supply chain blocks with WMS

SnapFulfil

What has struck me most about COVID-19 so far is the rapid business response to the crisis. Brands are switching up their game plan and capitalizing on the e-commerce surge by going direct-to-consumer (D2C).

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How the Virtual Twin Experience Can Help Manufacturers Ramp Up Production While Implementing Social Distancing in Factories

DELMIA Quintiq

Manufacturers are reeling from the impact of the coronavirus pandemic on their operations and supply chains. Production plans have been disrupted due to changes in demand, raw material supply and workforce availability. Many automotive plants have had to temporarily shut down production or repurpose their assembly lines to produce medical devices such as respirators.

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On-Demand Delivery Platforms: The Renewed Focus on Becoming a Shipper-of-Choice

GlobalTranz

The rise of the consumer and immense power in the hands of buyers represents a significant change to standard supply chain management. It’s not enough to simply offer a fantastic product. Instead, companies need the most affordable rates possible to stay competitive, and in today’s world, any unnecessary expense pushes your customers closer to the.read More.

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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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AI This. Not So Fast.

Supply Chain Shaman

Grounded during this pandemic, and unable to interact with clients in person, I try to write 3,000 words a day. Morning after morning, fueled by good black coffee, I type away. I share insights, based on research, for the supply chain leader. I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes.

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Machine Learning and Artificial Intelligence Can Help “Future-Proof” Supply Chains

Kuebix

Over the past couple of months, most supply chains have weathered an unexpected storm. Rules and regulations are updated frequently in order for manufacturers, retailers and distributors to continue delivering. There’s no doubt that supply chains are feeling strained as they continue to adapt to these circumstances while operating efficiently and cost-effectively.

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Why Supply Chain Agility Needs to be the Next Normal

Logistics Viewpoints

The rug has been pulled out from beneath us. Doing things the same way we’ve always done them will no longer serve us, so we can’t simply put it back in its place. In fact, the definition of pulling the rug out from underneath someone is that doing so causes their plans to fail, because they have little recourse or time to respond adequately. It’s a fitting metaphor for the world’s supply chains, which have […].

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Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules. The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.

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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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Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. Moreover, it’s vital to the health of the global economy. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Evaluating different scenarios helps you gain much-needed network flexibility in these times of stress and can help you prepare for a resilient future.

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How to Increase the Value of Your Last Mile Planning

DELMIA Quintiq

Delivery man carrying cardboard boxes and loading them in a mini van. In my previous blog post , I talked about the factors that make last mile logistics one of the most complex and expensive parts of the supply chain. I also looked at DELMIA Quintiq Logistics Planner for the Last Mile , an out-of-the-box solution to optimize last mile planning. In this blog post, you’ll find out how this solution is uniquely suited to help meet your consumer expectations in a cost-efficient way.

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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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The Future of Drones is Now

Logistics Viewpoints

Over the last several years we have written about what the future of drones holds for supply chains. As technology has improved and regulations have eased, drones have increasingly made their way into the conversation around home delivery. However, there are still a number of obstacles to clear before this becomes a common option across the country.

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Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.

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Inventory Management: We Can Do Better

Supply Chain Shaman

Each day through the COVID-19 pandemic, I tune into Anthony Cuomo’s (governor of New York) daily briefings. It is my break in the day. As a multi-tasker, when Governor Cuomo broadcasts, I use the time to work out on my rowing machine. His opening line is, “Let’s start with facts. While we all have opinions, let’s start by reviewing the facts.” When he says this, I smile and row harder.

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How to Determine if Your Distribution Fulfillment Strategy is Working

GlobalTranz

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how 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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PINC Receives Significant Growth Equity Investment From Accel-KKR

PINC

Investment Will Fuel PINC’s Strategy to Become a Global Category Leader in Supply Chain Management Software. Union City, CA – June 16, 2020 – PINC, the leader in digital yard™ solutions, today announced that it has secured a significant growth equity investment from Accel-KKR, a leading technology-focused private equity firm. The investment will fuel PINC’s momentum in becoming a global category leader in supply chain management software through strategic acquisitions and a focused organic growt

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Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

Global manufacturing today faces significant operational challenges. Companies that were unable to meet these challenges have been left behind (for example, in High Tech think Blackberry and Compaq). The Industry Renaissance has transformed invention and production for the needs of today’s customers. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?

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Making A Difference: Capital Logistics, Echo Global Logistics, & Descartes

Talking Logistics

Today’s post is part of our “Making a Difference: Supply Chains for a Better Tomorrow” series that focuses on the supply chain capabilities that will separate the leaders from the laggards in the years to come. This episode features Greg Ackner, VP at Capital Logistics, Jay Gustafson, SVP of Marketplace Solutions at Echo Global Logistics, Read more Making A Difference: Capital Logistics, Echo Global Logistics, & Descartes.

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Here’s How SKF Clinched the Gartner Supply Chainnovator Award with Digital Twin

ToolsGroup

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innova

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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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Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

When I was six, my mother volunteered me for a new polio vaccine trial. It was risky, but my determined mother took a chance. She believed in science and patted my shoulder reassuringly as I rolled up my sleeve. During my toddler years, polio fear gripped the nation. Mothers, anxious that children would catch the disease swimming, kept families secluded indoors in the sweltering heat in the days before air conditioning.

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Adopting Digital Payments: 3 Reasons For Supply Chain Companies

GlobalTranz

Editor’s Note: Today’s article is from Sydney Wess with Clutch who gives us 3 reasons supply chain companies should be adopting digital payment options. Amid the global COVID-19 crisis, more and more consumers are seeking out methods of contactless, cashless payment. This isn’t surprising, especially given the recent suggestion from the World Health Organization (WHO).read More.

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A CEO’s Take on Transportation and Coronavirus

Logistics Viewpoints

Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus. The post A CEO’s Take on Transportation and Coronavirus appeared first on Logistics Viewpoints.