September, 2020

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3 Reasons You Can’t Afford to Wait: Agility, Resiliency, and Sustainability

Logistics Viewpoints

Supply chain is in the spotlight. It is the business function that is front and center - on top of the minds of consumers and executives. The global pandemic has ripped the rug out from under supply chains, but also highlighted its importance. Agility, resiliency, and sustainability are keys to supply chain survival, so you can’t afford to wait to invest in building these capabilities, which are entwined with each other.

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Warehouse Design: How to Extend the Life of Your Facility

CHAINalytics

For many companies, COVID-19 has put enormous pressure on existing storage and fulfillment centers. If this sounds about right, you might be wondering if you should invest in a new or bigger or better facility, or improve the one you have. Analyzing variables such as facility layout, racking, slotting, and material handling equipment will give … The post Warehouse Design: How to Extend the Life of Your Facility appeared first on Chainalytics.

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Future-Proofing Your Supply Chain

Vanguard Software

The solution to reacting swiftly and succeeding in this ‘new normal’ is the transition to a more connected and smarter supply chain of the future.

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.

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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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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

During August, I moved and I spent the weekend painting my new shed with gloppy, wet deck paint. As I methodically pivoted the roller to apply the stain, I made quite a mess. Standing in the hot sun covered in paint was a good time for reflection. (Deck stain is not designed to be rolled onto a ceiling.). This past weekend was a US Holiday–Labor Day.

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This Week in Logistics News (September 12 – 18)

Logistics Viewpoints

Over the last six-plus months, the coronavirus pandemic has changed virtually every aspect of our lives. We have dealt with the health implications of COVID as well as economic hardships, the closing of schools and businesses, delays and changes to our daily schedules, and a pivot in how many of us work, just to name a few. Outside of the core components of our lives, there have also been interruptions to the luxuries that we […].

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A Year Without Oktoberfest, Yet New Opportunities Exist in the Beer Industry

DELMIA Quintiq

The cancellation of this year’s Oktoberfest is another blow to a beleaguered beer industry that’s still reeling from the effects of the global health crisis. The world’s biggest beer festival was expected to bring in up to six million visitors to the city of Munich. Around the world, beer consumption during that time of year is normally high, as smaller scale Oktoberfest events take place everywhere.

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Supply Chain Mapping (Insights from Indago)

Talking Logistics

In the post Hidden Suppliers Can Make or Break Your Operations (Harvard Business Review, May 2015), the authors write, “With the size and complexity of supply chains soaring, a daunting challenge is confronting companies: identifying the critical nodes hidden within the vast expanse of their supply networks.” The coronavirus outbreak has put supply chain risk.

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Global Supply Chains Explore New Opportunities with Increased Visibility

The Logistics & Supply Chain Management Society

Global Supply Chains Explore New Opportunities with Increased Visibility. 24 SEPTEMBER 2020 | 11am (SGT). Recent events have forced even the most robust businesses to go back to the drawing board. Now, more than ever, technology has made all the difference in keeping supply chains afloat. Understand how visibility has afforded more opportunities and saved costs in global supply chains.

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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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Invoice Hub – the Next Horizon for AP Automation

ivalua

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. It was a fun project and it felt like the first step towards something more powerful. After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing.

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Logistics of a Company: Supplier Diversity to Survive Peak Season

GlobalTranz

The atmosphere of business representation has changed drastically over the last fifty years. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. There are many benefits to having more individuals, and therefore businesses, represented across the board. The logistics of a company can connect.read More.

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This Week in Logistics News (September 5 – 11)

Logistics Viewpoints

Over the last few months, I’ve seen stories about people receiving random, unidentified seeds in the mail. Usually, the package came from China and had something else listed as the contents on the outside. However, once it was opened, there were just seeds with no description. The USDA in July said the packages were most likely part of a “brushing” scam, in which people receive unsolicited items from a seller who then posts false positive […].

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Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed. There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruption

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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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Above the Fold: Supply Chain Logistics News (September 11, 2020)

Talking Logistics

Today is September 11. As a kid who grew up in Brooklyn with a view of the Twin Towers from my bedroom window, I will never forget. Where were you on September 11, 2001 when the planes hit the towers? How I yearn, sometimes, to go back to my childhood bedroom, back to those hot. Read more Above the Fold: Supply Chain Logistics News (September 11, 2020).

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LogiSYM GAME CHANGER

The Logistics & Supply Chain Management Society

Stay ahead or get left behind – what you need to know about supply chains post COVID-19. 01 OCTOBER 2020 | 11AM (SGT). LogiSYM GAME CHANGER give professionals a chance to interact with partners and the experts from LSCMS to learn how to re-prioritize and adapt to the new world of demand and supply post COVID-19. All participants to LogiSYM GAME CHANGER will not only get to hear about the latest solutions in supply chain but unlike any other webinar out there, participants will have a one-o

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John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system

ivalua

Ivalua’s ease of integration, flexibility to cover a diverse range of activities across multiple geographies and a seamless user adoption experience are key drivers in streamlining John Cockerill’s transformation journey. Massy, September 15, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that its procurement software platform has been selected by John Cockerill to digitize all procurement processes and manage all spend globally, thus optimizi

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Peak Season Supply Chain Challenges Spur Innovation

GlobalTranz

The typical peak season supply chain presents its own set of challenges yearly. However, this peak season is one never seen before. This year, 2020, is shaping up to be the most challenging year yet with the global pandemic in full force and the delays following for most of this year. Peak season will undoubtedly.read More. The post Peak Season Supply Chain Challenges Spur Innovation appeared first on Transportation Management Company | Cerasis.

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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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No Industry Has A Better Success Metric than Baseball

Logistics Viewpoints

Baseball has a key performance indicator that is unrivaled. The Wins Above Replacement Value tells a team exactly what they need to do to succeed. In business, and the supply chain realm, no other success metric has this clarity. The post No Industry Has A Better Success Metric than Baseball appeared first on Logistics Viewpoints.

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3 Strategies Every Executive Must Deploy

The Network Effect

The post 3 Strategies Every Executive Must Deploy appeared first on The Network Effect.

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Above the Fold: Supply Chain Logistics News (September 18, 2020)

Talking Logistics

In an alternate universe, one without COVID-19, I would be writing today about our Logistics Leaders for T1D Cure cycling team and the JDRF Ride to Cure we did last weekend in Saratoga Springs, NY. But in this universe, there was no JDRF ride last weekend; it was reimagined due to the pandemic. The reimagined. Read more Above the Fold: Supply Chain Logistics News (September 18, 2020).

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Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old.

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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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Supply Chain Disruptions Need a New Prescription: Introducing Disruption RX Virtual Supply Chain Summits

Logility

A global pandemic was impossible to foresee as COVID-19 swept across our increasingly interconnected world. The challenging landscape, from store and factory closures to wild swings in inventory, has proven to be the ultimate test of strength for supply chain teams everywhere. Supply chain is now a household term. Companies are measured on their ability to meet demand, right-size inventory to preserve cash and identify potential risks before they impact operations.

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AI Supply Chain for E-Commerce: Opportunities to Save Resources

GlobalTranz

Creating new value and maintaining competitive advantage within the supply chain remains challenging for companies around the globe. As e-commerce grows, the ability to respond and offer a seamless, superior customer experience also grows more challenging. Fortunately, the applications of logistics artificial intelligence (AI) are well-poised to meet this demand and help accommodate the changing.read More.

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Using AI & ML in Retail Supply Chain Planning

Logistics Viewpoints

Companies like Amazon, Walmart, Alibaba, and Zara are leading the path in the use of technology and advanced analytics in managing supply chains. Artificial Intelligence (AI) and Machine Learning (ML) are of the hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking for ways to make faster and smarter decisions using this technology.

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Supply Chain Resilience and the Power of Business Networks

The Network Effect

The post Supply Chain Resilience and the Power of Business Networks appeared first on The Network Effect.

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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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Above the Fold: Supply Chain Logistics News (September 4, 2020)

Talking Logistics

I drove three hours yesterday to see my mom and sister. I hadn’t seen them since December. It was time. It was a surprise visit for my mom. When I arrived at my sister’s backyard — wearing a mask, sunglasses, and baseball hat — she didn’t recognize me at first. She thought I was a. Read more Above the Fold: Supply Chain Logistics News (September 4, 2020).

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86% of UK businesses face barriers developing digital skills in procurement

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

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Dock Scheduling: A Requirement as Retailers Double Down on WMS & WES

C3 Solutions

Supply chains across the globe need more efficiency to survive. The opportunities to grow fulfillment and improve the flow of inbound and outbound freight depend on multiple factors. Items need efficient unloading and comprehensive, digital put-away processes. Outbound shipments require optimization to minimize touches and avoid unnecessary dock delays.