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Last mile logistics is among the most misunderstood parts of transportation networks. On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. In addition, growth in e-commerce is radicalizing how shippers view last mile logistics. To understand wide-ranging benefits and key concerns inherent in last mile logistics, your organization needs to understand what constitutes last mile logistics, it’s challenges, how it impacts e-commerce and omni
by Dr. Madhav Durbha The 2017 Gartner supply chain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supply chain summit in Phoenix during May of this year. A few of the presentations in London, such as a highly provocative key note by John Philips of PepsiCo are a repeat from this prior event.
Since machine learning is a hot topic, we thought it useful to clarify the difference between machine learning and traditional statistics as applied to supply chain planning (SCP). Both technologies help you better understand data and are classified as analytics, but each takes a very different approach. By understanding the difference, we see that they are complementary.
In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. Labor is an important input with 50-60% of employees of the company reporting through supply chain organizations. Is talent a cost or an asset? Most companies say that employees are an asset, but treat it as a cost. Today, with companies having a keen-focus on costs, talent development often takes a back seat.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
I've dug into Amazon's patent filings over the last five years and mined the patent titles for keywords related to inventory and logistics. Patents range from the mundane like optimization of packaging sizes and allocating regional inventory to reduce out-of-stock costs to the more technologically advanced like autonomous vehicles, mobile ground-based fulfillment centers, and drones.
The Peak Season Surcharge That Wasn’t. September’s Flagging Ocean Freight Rates. By Zvi Schreiber, CEO, Freightos. . This article originally appeared on Zvi’s LinkedIn page. I spent last week traveling around Asia (6 cities in 6 days!) and one of the recurring themes I heard was shock from carriers about flagging rates. This goes far past the anecdotal.
The Peak Season Surcharge That Wasn’t. September’s Flagging Ocean Freight Rates. By Zvi Schreiber, CEO, Freightos. . This article originally appeared on Zvi’s LinkedIn page. I spent last week traveling around Asia (6 cities in 6 days!) and one of the recurring themes I heard was shock from carriers about flagging rates. This goes far past the anecdotal.
Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. However, figuring out the best way to achieve this feat can be confusing, so warehouse managers should follow these steps. Controlling Inventory Flow Begins With Liquidate Nonessential Products. Warehouses have a tendency to become stock rooms for stale product.
by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. I recall watching the original Battlestar Galactica series in the late 1970s, and there was an episode where Commander Adama was dictating his log. Before him was a computer screen recognizing his voice, taking his spoken words and translating them to perfect text for all to see.
We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supply chain planner. There is a saying that the best forecasts come from having access to inside information that is not yet widely known. In writing this blog, I have been talking to analysts, consultants and pundits—but most important watching what’s already happening at more advanced companies.
By now most people understand they generate data whenever they use their computer, tablet, or smartphone. They also understand companies … Continued. The post Artificial Intelligence and Targeted Marketing appeared first on Enterra Solutions.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared the research on balance sheet performance, and provided the insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. My speech also focused on how current technologies are rapidly becoming obsolete due to market demands to do more with less and make better decisions.
The meat industry and its supply chain is long and complex. As consumers, we don’t really think about where our meat comes from, nor what it takes for it to end up in aisles 3 and 4 at our local supermarket or at the counter of our favourite butcher. How often do we meander through the supermarket aisles, wrestling with a shopping trolley that has the same manoeuvrability of an inert cow, aiming to pick out our favourite cuts for dinner… only to find that the cuts we want have run out?
Risk permeates supply chains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supply chain management, but supply chain executives who take the time to understand the greatest threats can successfully position their companies to overcome such risks. Also, risks can range from working with entities outside of a given company, such as third-party logistics providers ( 3PLs ), to changes in the expected movements of a product, otherwise known as scope change risks.
by Alexa Cheater How concurrent planning can help you take back your time. Stop being a slave to your supply chain and take back your time! Don’t wait around for your supply chain to catch up to the speed of life. Why spend hours, days or even weeks waiting for data transfers, analyses or simulations when you can accomplish all of those things in a fraction of the time it takes you today.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Source: Gartner Research. The right SCP technology avoids key symptoms that reduce planner productivity, plan timeliness and plan usability. Doctors look for specific symptoms when diagnosing what’s wrong with a patient. Now with Gartner’s help, supply chain execs can do something similar with their supply chain planning (SCP) system. In a recent report ( What's Wrong With Your Supply Chain Planning Technology , 18 August 2017), Gartner analyst Tim Payne lists 12 symptoms that keep supply chain
Last September, a jury at Southwark crown court in south London found Amazon guilty of shipping dangerous goods by air. As reported by The Guardian : The items included lithium-ion batteries and flammable aerosols, which were flown in and out of the UK between January 2014 and June 2015. The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002.
Mine sweeping is essential to warfare. Soldiers use special devices to detect underground mines and disarm them from exploding before they cause harm. At Supply Chain Insights, we have been actively working in our own mine sweeping project. Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies.
Over the past year, at least a dozen large companies in Australia that we frequently talk with have tendered for replacement planning systems – workforce, production, logistics and multi-resource – for a variety of reasons. The most common two reasons were: A) Their planning systems could not evolve to cover additional needed capability with the business.
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.
The notion of the “Robot Apocalypse” has become an archetype in modern economics and retail. Across the country, retail employees fear how robots will impact job security and their futures, but the use of warehouse automation and robotics means great things for the future of warehouse workers in retail, as explained by Greg Ip of The Wall Street Journal.
by Bill DuBois What are your supply chain thoughts when you see this picture? As pictures start to emerge showing the damage caused by the recent string of hurricanes like Harvey and Irma, immediate thoughts go to the safety of the people caught in the path of these storms. Thoughts and hopefully many donations are going to all those involved in disaster recovery efforts.
Increased demand volatility still tops business pressure, says Aberdeen. but supply chain planning priorities are changing. For several years there has been a commonly held belief that focusing on improving demand forecast accuracy should be a top priority for Chief Supply Chain Officers (CSCOs). But according to recent reports by Aberdeen Group, we are seeing evidence of an important shift in this thinking.
Peak season for ocean freight shipping is underway. Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next.
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
“We have too many planners. And, even if we can afford the costs, we don’t get good answers with our current forecasting processes,” stated the supply chain leader on the phone. “I want to build outside-in processes, but I don’t know what this looks like. Can you tell me what you mean by this statement?” My question to her was “Do you have the courage to up-end the apple cart?
For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Throughout these projects, there is a consistent theme: organizations have a difficult time finding clarity in variability in supply.
The digital supply chain is basically a term that defines a supply chain whose foundation is built on Web-enabled capabilities. At the moment, many systems are hybrid, meaning that supply chains normally use a mix of paper-based and IT-enabled processes. In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components.
by Alexa Cheater 6 speed bumps on the road to automotive supply chain success. A trending move from regional to global supply chain processes is adding complexity to the automotive supply chain at an unprecedented level, driving a growing need for automation and collaboration. That’s revving up interest in realignment, consolidation and optimization of supply chain activities.
Innovation varies widely across sectors and organizations, creating value in diverse forms. Understanding different types is crucial for R&D teams to foster creativity and uncover missed opportunities. This guide explores 25 key types of innovation in management frameworks.
My guest post today comes from Kai Hoberg from the Kühne Logistics University (KLU) in Hamburg. Together with his co-authors, Alan McKinnon and Christoph Flöthmann, he has just published a new report, which is commissioned by the World Bank and analyzes the shortage of qualified logistics personnel. Qualified logistics personnel is in short supply worldwide.
A sense of complacency can lurk behind benchmarks. Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. Simply maintaining your goal patterns instead of gaining on your goals will keep your growth at a standstill if you don’t actively and routinely work to overcome it. As a leader, you need many tools to eliminate this mindset.
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