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by John Westerveld I came across a KPMG study last week covering a survey of 360 senior executives Forbes Insights did in 2016. There were a couple of key takeaways from the report: Manufacturers are planning on growth, but the overall market isn’t likely to grow. This means companies will need to battle for a bigger piece of the pie. The need for supply chain visibility is greater than ever, yet only half of the executives surveyed say they have the visibility they need to make decisions
Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The presentation focused on nine themes. One of the nine was blockchain. I asked the audience for a show of hands to understand how many of the supply chain leaders in the room were testing blockchain. I saw no raised hands. Later that afternoon, I hosted a webinar featuring blockchain case studies.
Editor's note: Due to the Thanksgiving holiday, there will be no blog post next week. The problem with strategic network design is when it accounts for service time but not service level. That is, it accounts for the time it takes to serve customers, but not the probability that a certain percentage of the orders will be delivered within that time. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory i
Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management.
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
As the United States continues to recover from Hurricanes Harvey and Irma, it seems unnecessary to warn supply chain risk … Continued. The post Weather Disasters Usher in New Era of Supply Chain Risk Management appeared first on Enterra Solutions.
The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.
The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.
by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute. You can download the report here. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. In their recent report titled Carefully Assess Which Tools Are Right for Each Stage of Supply Chain Planning Maturity (20 October 2017, Tim Payne & Amber Salley), the analyst firm describes the right tools to get from one level to the next.
Current and future capacity crunches are often analyzed for impact in the U.S., but they exist around the globe. The same holds true for their impacts on varying transportation modes. All modes of transit feel the effects of capacity crunches, but those that suffer the biggest effects tend to involve ground-transit, including less-than-truckload (LTL), full truckload (FT) and parcel shipping.
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.
Inquiry is increasing. Company dissatisfaction with supply chain planning is growing. The goal is to improve insights while decreasing the number of planners. The growing dissatisfaction is on the inadequacies of today’s technologies. Yesterday, I facilitated a group of business leaders attempting to drive innovation in supply chain practices.
Companies re-assessing the nature of their supply chains are shifting priorities and realizing new value What is a Supply Chain? The post What Supply Chains Really are and Why it Matters appeared first on The Network Effect.
by Mike McAllister Courtesy of the Science Museum of Minnesota/Netflix. As a teenager in the 80s, it probably comes as no surprise I relate heavily to every cultural reference in Stranger Things. From the hair (I coveted to Steve’s A-Ha inspired coif) to the arcade (DigDug not so much – I would spend my allowance quarter by quarter on Star Castle and Defender, instead) and everything in between, the binge-watch worthy Netflix series contains pop culture Easter eggs in virtually every scene.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
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
You should be interested in applying disruptive technologies in your supply chain not only at a physical level, like in transportation and logistics, but also at a more virtual level in your supply chain planning. And you should be thinking about them now, because disruptive technologies have a first mover advantage. If you are not the disruptor in your supply chain, you become the disrupted.
In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance.
On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. This announcement continues the trend of supply chain software market consolidation. Here I share what I believe that this means for the market. A Look Back . Logility is a well-established player in the supply chain software market. With over forty-years of experience in SCM software, Logility went public in 1997.
Karen Sage, Chief Marketing Officer at MercuryGate, addresses the following questions and more in this timely and informative episode: Why is converting data into actionable intelligence so important today? What are the main challenges shippers and logistics service providers face in this area? How have BI/analytics capabilities in TMS evolved over the years?
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.
by Alexa Cheater Mesmerizing. Motivating. Magical. That’s how best to describe the experience of hearing famed Canadian astronaut and former commander of the International Space Station (ISS) Chris Hadfield address the crowd at Kinexions, our annual user and training conference. Hadfield’s inspiring presentation focused on preparedness, failure and what it takes to blast into the future.
For the first time in franchise history, the Houston Astros are world series champions. The Astros outlasted the LA Dodgers in a thrilling seven game series to bring home the crown. As soon as that final out was made, the real planning began. And no, I’m not talking about how the Astros can build off of this year’s team in free agency to defend the title next year.
Unbelievably, the capacity crunch is back the shipping headlines. In April 2017, William B. Cassidy of the Journal of commerce (JOC) noted shippers were expecting a forthcoming slight capacity pinch, but that was before hurricane season arrived. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue.
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
Tremors. Seismic shifts. Supply chain management technology has a fault line. It is growing. The technology market for supply chain management is dramatically shifting. Last week I bounced from call to call. Innovative startups. Artificial Intelligence innovators. Blockchain ventures attempting to define business processes and new approaches. In parallel, I am also seeing market consolidation of traditional applications.
Our industry has gone through some significant changes in the last 10 years and we’re likely to go through even more thanks to factors like omni-channel, autonomous trucks and increasingly complex routing. The good news is that a transportation management system (TMS) can give you one of the strongest ROIs of any supply chain management […]. The post Talking Logistics: Top 5 Factors When Choosing a TMS appeared first on 3GTMS.
by Bill DuBois If you had anything to do with supply chain planning in the early days of enterprise resource planning (ERP), you may consider those years the “good ol’ days”. Spreadsheets were the latest and greatest thing, your biggest headache was a supplier failure, and collaboration meant walking down the hall to visit with your buyer or dropping by the shop floor to check on a machine breakdown.
Oracle has recently introduced "Blockchain as a Service" in the cloud, a distributed ledger technology that enables secure transactions such that no single third-party controls the action. Blockchain can disrupt the complex and time-consuming process of business-to-business (B2B) transactions with an alternative that is transparent, verifiable, and tamper-proof, via distributed computing resources in tandem with global public cloud infrastructure.
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.
What are sidewalks made out of? If you said cement, you would be wrong; sidewalks are typically made out of concrete. Yes, there is a difference between cement and concrete, even though many people (including me, I admit) use the terms interchangeably. Cement is one of the raw materials that goes into making concrete, which is the finished product. I learned that fact (and many more important things) at the Command Alkon ELEVATE 2017 conference in New Orleans this week.
The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. However, few understand the history of WMS and how it evolved to encompass item tracking, storage data, inbound and outbound shipping, picking and much more. Rather than trying to look at every small detail that led up to the modern WMS, let’s take a look at some of the most notable advancements in its history.
This week, E2open announced a definitive agreement to acquire Zyme. For readers of this blog that do not know Zyme, the company focuses on the management of channel data in the high-tech industry. The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. This source of channel data is very industry specific to the high tech market.
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