October, 2022

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

My eight-year-old self counted down the days to October 1 – the day my mother finally let me bedeck her spotless house with cobwebs and window clings of ghosts and goblins. It never occurred to me then that someone had to decide how many pumpkins to stock in my little town, or how many tubs of orange icing would be needed for school cupcakes, or how much assorted candy would be required for neighborhood Trick-or-Treating.

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The Black Hole at the Heart of Supply Chain Management

Logistics Viewpoints

Usually, a supply plan can’t be fully executed. Robust supply plans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. The integrated business plan is at the heart of balancing projected demand with the capacity needed to meet that demand. But then stuff happens.

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Can You Predict Supply Chain Disruptions in an Unpredictable World?

Logility

Make over your supply chain to get visibility into potential future disruptions. Key Takeaways: The genesis of today’s supply chain issues were the 2018 and 2019 trade wars The pandemic made things much worse, and then came Russia’s invasion of Ukraine This invasion has caused supply chain disruptions across Europe and beyond, and famines are looming Organizations must take the right steps to keep their goods moving today and tomorrow, and transparency into all tiers of the supply chain is requi

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Machine Learning and Digital Transformation

Enterra Insights

There have been a lot of labels attached to the day-and-age in which we live, including the Computer Age, the Digital Age, and the Information Age. Although these monikers conjure up slightly different connotations, they all rest on the fact that data is being created at an unprecedented historical rate. Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

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

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In Search of Shiny Objects

Supply Chain Shaman

Investments come in waves. In my lifetime, I watched business leaders invest in Y2k, eBusiness, Big Data, Social Commerce, and Digital Supply Chains. The net result? Year-over-year, millions of dollars in programmatic spending with questionable value. Now the chase is on for Web 3.0. Mainly under the guidance of consultants, supply chain leaders try these new concepts in hype cycles.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook.

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Revitalizing the Food Supply Chain

Enterra Insights

A recent article published by the World Economic Forum ran under a headline declaring the global food supply chain dead.[1] I believe the headline is both harsh and hyperbolic. Nevertheless, it draws on a comment made by UN Secretary-General António Guterres, who stated, “This year’s food crisis is about lack of access. Next year’s could be about lack of food.” James Rogers ( @jamestrogers ), CEO of Apeel Sciences and author of the article, notes that Guterres’ speech marks 

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

The Age of Agility: Building Resilience in the Supply Chain. Feature Article by Anthony Beavis, Managing Director APAC at Körber Supply Chain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Here, Anthony Beavis, Managing Director APAC at Körber Supply Chain discusses the critical need to strengthen supply chain resilience.

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No Time Like the Present

Supply Chain Shaman

Another night staring out the window from a dark airport terminal. I squint to look at the terminal monitor hoping that the two-hour flight delay changes. I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. Today, I ended a 45-day speaking tour. As COVID restrictions lift, I am back on the road, albeit not as wild and crazy as pre-Covid days.

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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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COVID Has Fundamentally Changed the Profession of Supply Chain Management

Logistics Viewpoints

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. It is common for pundits to look ahead and predict how an industry or profession will change. Sometimes, it can be more insightful to look backwards and note the chances that have occurred over the last several years.

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Beyond Basic Features: Important Transportation Management System (TMS) Capabilities

Talking Logistics

Editor’s Note: Indago ResearchCasts are brief videos where we highlight findings from our Indago supply chain research community. With all of the transportation-related challenges companies are facing today, transportation management systems (TMS) are back in the spotlight. In October 2021, we asked members of our Indago supply chain research community — who are all supply.

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The Truck N’ Hustle Story with Rahmel Wattley

The Logistics of Logistics

Rahmel Wattley and Joe Lynch discuss the Truck N’ Hustle story. Rahmel is a transportation entrepreneur and host of the popular trucking podcast, Truck N’ Hustle. About Rahmel Wattley. Rahmel Wattley is a transportation entrepreneur and host of the popular trucking podcast, Truck N’ Hustle. Rahmel got his start in the trucking business in the early 2000’s.

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The Most Popular Supply Chain Class Readings

SCM Research

Have you ever wondered what supply chain literature is most commonly used in the classroom? Open Syllabus , a non-profit research organization, currently has a corpus of nine million English-language syllabi from 140 countries and data on class readings is available for a large proportion of these syllabi. I checked which readings with the term “supply chain” in the title are used the most in the “Business” category.

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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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A Conversation with Don Teng

The Logistics & Supply Chain Management Society

A Conversation with Don Teng. by Dr. Raymon Krishnan, Editor-at-Large, LogiSYM Magazine. Headquartered in Kyoto, Japan, OMRON Corporation is a multi-billion-dollar, diversified company with business units producing industrial automation products, device & module solutions, healthcare, and social system solutions. The company is a global leader in the Industrial Automation business providing complete automation solutions for various industrial applications.

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Making Time Real

Supply Chain Shaman

Today, data moves fast, but supply chain decisions move slowly. I know a bit of a generalization, but ironic, right? The reasons are many, including data latency (the time to clean, load, and use data), process latency (the time for an organization to decide on action after getting the data), demand latency (the time from channel consumption to order visibility), market latency (the time from a market shift to the translation to customer order) or transparent governance (a defined process on how

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Productization and Scaling for Next Generation Automation

Logistics Viewpoints

The Association for Advancing Automation hosted the Autonomous Mobile Robots & Logistics Week (Co-located with the Vision Show), October 10-13. I was able to attend for a day due to my proximity to the Boston conference center in which it was held. Especially informative and relevant to me was the roundtable discussion – Productization and Scaling for Next Generation Automation.

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Above the Fold: Supply Chain Logistics News (October 21, 2022)

Talking Logistics

After writing about it since January on Talking Logistics, I’m sure you’re all wondering: How did the JDRF Death Valley Ride go last weekend? I’ll let these photos speak for themselves. Overall, it was a fun and inspiring event! Due to floods in Death Valley several weeks ago, the course was changed to avoid closed. Read more Above the Fold: Supply Chain Logistics News (October 21, 2022).

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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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The Fishtail Story with Marc Held

The Logistics of Logistics

Marc Held and Joe Lynch discuss the Fishtail story. Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. About Marc Held. Marc is a serial entrepreneur, specializing in applying advanced artificial intelligence and IoT to the supply chain industry.

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Global Chaos Drives Increased use of Prescriptive Analytics in Supply Chain Planning

AIMMS

The post Global Chaos Drives Increased use of Prescriptive Analytics in Supply Chain Planning appeared first on AIMMS.

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Charge Me Up! Energy Storage Development – A Fast Emerging Technology Needed for Sustainability

The Logistics & Supply Chain Management Society

Charge Me Up! Energy Storage Development – A Fast Emerging Technology Needed for Sustainability. by Timothy Foote , Founder of Susymbio. When was the last time you ordered food from a company using an app on your phone? For most people it probably wasn’t that long ago. That said, when was the technology there to even make ordering from an app possible?

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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. Unlike many businesses who sell finished products, manufacturers have several moving parts when it comes to inventory because they employ a variety of supplies and processes to make products—from raw materials and sub assembly to production to finished products.

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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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What to Know About a Yard Management System

Logistics Viewpoints

The network effect is at the heart of supply chain transformation. Essentially, the network effect exists when all components of the supply chain technology ecosystem work together to improve the performance of the end-to-end supply chain. A yard management system (YMS) is an integral component of this technology ecosystem. As part of our Supply Chain 101 series, we bring you a beginner’s guide to various supply chain technologies.

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Across the Pond: The European Transportation Market (October 2022)

Talking Logistics

Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Insights market data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal video commentary.

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A Modern Approach to EDI with Jonathan Kish

The Logistics of Logistics

Jonathan Kish and Joe Lynch discuss a modern approach to EDI. Jonathan is the Vice President Of Business Development at Orderful , a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies. About Jonathan Kish. Jonathan Kish is the Vice President of Business Development at Orderful, a San Francisco based technology company that is reimagining EDI integrations and helping their customers build better supply chain business networks.

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Going ‘Lean’ Brought Us to Diminishing Returns, Resilience Will Serve Us Better

CHAINalytics

Lean supply chain management is all about efficiency, and any excess is seen as waste, which must be removed. The past three years have been an example of the unintended consequences of this practice, and how it may not be the best approach to handle to volatility faced by today’s supply chains. Over-application of lean … The post Going ‘Lean’ Brought Us to Diminishing Returns, Resilience Will Serve Us Better appeared first on Chainalytics.

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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 New and Game-Changing Technology Solutions Redefining Last-Mile Logistics

The Logistics & Supply Chain Management Society

The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. Feature Article by Nishith Rastogi, Founder and CEO at Locus. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside.

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ToolsGroup Welcomes Pierre Custeau as Chief Technology Officer

ToolsGroup

Montreal-based executive brings extensive experience in AI-driven SaaS technology. BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. . As CTO, Pierre will lead ToolsGroup’s software technology strategy and teams to engineer retail and supply chain planning software solutions that deliver maximum value to customers. .

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. Autoliv is the world’s largest safety system supplier in automotive industry. This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year.