July, 2019

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How Does a Digital Transformation Apply to Supply Chain Planning?

Logistics Viewpoints

What is Digital Transformation? A digital transformation requires that companies transform their decision-making processes with technology to enhance customer experience and employee productivity and ultimately improve business performance. Technologies such as artificial intelligence, machine learning, Internet of Things, and virtual reality can aid in this transformation.

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Supply Chain Facing Increased Cyber Attacks

Material Handling & Logistics

With 50% increase in attacks from 2018, the supply chain is very vulnerable to cyber-attacks.

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Transportation Trends: The Rise of Digital Freight Matching

PINC

As shippers continue to face challenges like the truck driver shortage, capacity crunches, and rising freight costs, digital freight matching helps to fill the gap between the nation’s independent carriers and the companies that rely on them.

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The Most Important Skills for Supply Chain Young Professionals

Talking Logistics

What skills and attributes will be the most important for supply chain young professionals to succeed moving forward? We asked members of our Indago research community that question back in April. Our community was relatively small at the time (18 supply chain and logistics executives), but they are all high-level leaders (more than a third. The post The Most Important Skills for Supply Chain Young Professionals appeared first on Talking Logistics with Adrian Gonzalez.

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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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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.

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Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

I watch the news channels on mute. The reason? I hate political pundit debates. When the nonsensical banter reaches a crescendo, I shake my head and ask myself the question of “Why?” I wonder why people are listening. Fondly I remember the days of Walter Cronkite and Dan Rather with eye-witness accounts and on-the-ground reporting. Phenomenal photography brought the stories to life.

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The Franke Story: Three Points to Learn about Supply Chain Complexity

ToolsGroup

Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. That’s exactly what Franke, a world leading provider of solutions and equipment for residential kitchens and bathrooms, was able to do. . According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures.

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Using Technology to Improve Inventory Management

GlobalTranz

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. Gaining control over returns is easier when systems are in place to automate.read More.

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Shelf Level Visibility is Critical to Retail Supply Chain Excellence

Logistics Viewpoints

Retailers face some tough dilemnas. Growing SKU counts drive worse on-shelf availability. Growing reliance on direct store delivery holds fulfillment costs down, but DSD suppliers goals are not fully aligned with retailers. One thing is clear, retailers need better visibility to stock outs at the shelf level. The post Shelf Level Visibility is Critical to Retail Supply Chain Excellence appeared first on Logistics Viewpoints.

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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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Supply Chain Quality: Time for a New Perspective

Talking Logistics

We say that quality is important in supply chain management, but do we focus on it with the same level of urgency, sophistication, and importance as other facets of SCM? Likewise, we stress the importance of obtaining end-to-end supply chain visibility, but what about end-to-end supply chain quality? What does that entail, and how do. The post Supply Chain Quality: Time for a New Perspective appeared first on Talking Logistics with Adrian Gonzalez.

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Sales & Operations Planning Is Changing At An Accelerated Pace

AIMMS

We are flattered to be recognized by Gartner in the 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation , especially considerin g that we only launched our configurable S&OP application two years ago. While I’d be first to concede that there are some incredible S&OP tools out there (I particularly admire Kinaxis and OM Partners), it’s incredible that we can play on the same pitch with these large COTS vendors so quickly.

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Why I Love Supply Chain Management

Logility

It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.

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Keeping It Local: How Shorter Supply Chains Impact Supply Chain Planning

ToolsGroup

After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. But first let’s take a look at the factors driving this change. . Contracting Supply Chains. . A recent special report by The Economist says that while most people assume that shrinking supply chains are caused by political factors such as tariffs, in fact there are deeper long-term trends at play.

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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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Inventory Management Mistakes: What Supply Chain Leaders and Managers Need to Know

GlobalTranz

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales.read More.

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Specialization is Supply Chain’s Best Friend

Logistics Viewpoints

Trade and specialization at the individual, corporate, and regional level are catalysts behind the growth and increasingly important role of supply chain in today’s global economies. To capture the benefits from trade, organizations need superior logistical capabilities and more sophisticated coordination of activities to receive final goods at one’s location of choice.

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Top Talking Logistics Posts & Episodes (Q2 2019)

Talking Logistics

That was fast, wasn’t it? We’re at the halfway mark of 2019. The U.S. and China are still in a tariff war, but the domestic transportation market is more favorable for shippers today (more capacity, lower rates) than during the first half of 2018. Mergers and acquisitions continue in the industry, both in the technology. The post Top Talking Logistics Posts & Episodes (Q2 2019) appeared first on Talking Logistics with Adrian Gonzalez.

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How does your demand forecasting process compare to others? Take this quiz to find out

AIMMS

Sales and Operations Planning and demand forecasting are two sides of the same coin. For many, a well-executed S&OP process should start with a demand forecast on one end and supply and resource plans to meet that forecast on the other. But in today’s VUCA world, the future is getting harder and harder to predict. Demand forecasts are only becoming less accurate.

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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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Enterprise resource planning or best of breed, what is best for IT?

Kinaxis

by Christina Christensen The creative contention over enterprise resource planning (ERP) vs. best of breed (BoB) has become age-old; however, key considerations weighting the equation have changed with the rise of the cloud, better integration tools, and more focus on the impact network solutions have on business transformation and end user satisfaction.

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Artificial Intelligence and Omnichannel Operations

Enterra Insights

Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the

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What Are the KPIs of a Transportation Management System

GlobalTranz

Key performance indicators (KPIs) refer to the targeted goals that rely on metrics to provide a snapshot of the health of your operation. They connect data and metrics with an evaluation of whether your operation performs as expected and what strengths or weaknesses may exist. Supply chain leaders need to know which KPIs of a.read More. The post What Are the KPIs of a Transportation Management System appeared first on Transportation Management Company | Cerasis.

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Using Satellite Imagery as a Data Source to Improve Supply Chain Management

Logistics Viewpoints

Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints.

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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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Macro Growth of Micro Supply Chains

Talking Logistics

The impact of e-commerce on the retail grocery industry and perishables supply chains has created a phenomenon called Micro Supply Chains. It’s driving rapid change across the industry, which has presented challenges for all stakeholders, but also new opportunities to differentiate and capture market share. What are some of these challenges and opportunities?

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S&OP in Agribusiness: How to Harvest the Benefits with Advanced Analytics

AIMMS

The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. Besides the regular challenges expected of such an intricate operation, there are social and environmental concerns, stringent regulations, a labor shortage and rising competition.

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How to Build a Brigade of Supply Chain Talent

Logility

Supply chain is a dynamic field that demands top talent across a wide breadth of disciplines. Currently, for every three candidates found, eight jobs go unfulfilled, (see Supply & Demand Chain Executive , Training or Development ). It is projected that by 2020 the number of supply chain jobs will grow 26 percent. Thankfully, the supply chain is quickly gaining momentum at the university level around the world.

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5 Biggest Mistakes Sellers Make When Using Fulfillment by Amazon (FBA) with Ephraim Ausch

The Logistics of Logistics

[00:52] Please introduce yourself. I am VP of Sales at Tactical Logistic Solutions. Tactical has locations in New Jersey and California, and I’m based in New Jersey. Tactical is an end-to-end provider of supply chain logistics. We go from our client’s overseas manufacturing location via air, sea, and land to their warehouse, our warehouse, or to Amazon’s warehouse. [01:36] Tell us a little bit about your background.

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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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[PODCAST] A Comprehensive Discussion on Lean Supply Chain Strategies

GlobalTranz

Listen to “A Comprehensive Discussion on Lean Supply Chain Strategies” on Spreaker. Lean Supply Chain & Supply Chain Optimization Resources Logistics Service Level Agreement and Logistics Key Performance Indicators: A White Paper Download White Paper Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper The Top Supply Chain Trends that Will Impact.read More.

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Prepare Your Supply Chain to Overcome Capacity Challenges

Logistics Viewpoints

Increased demand and customer expectations continue to put pressure on shippers to deliver on-time-and-in-full without comprising their bottom line. This was especially difficult in 2018 as capacity constraints caused freight rates to skyrocket. While conditions have certainly improved over the last year, no one knows when the market will shift again.

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Plan Effectively For These Supply Chain Risks

Talking Logistics

Which risks do you believe supply chain professionals need to plan for more effectively moving forward? We asked members of our Indago research community that question back in May. Twenty high-level leaders from a diverse set of companies and industries responded to the survey (45% Director-level and above, 60% from $1B+ companies in Food & Read more Plan Effectively For These Supply Chain Risks.