Sat.Aug 24, 2019 - Fri.Aug 30, 2019

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5 Reasons Why Carriers Are Customer-Obsessed

Freightos

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. Historically, a carrier’s relationship with importers and exporters was built by sales people. The best of them accumulated books of business contacts, which moved companies with them.

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Final Mile Delivery Drivers: Why Are Shippers Looking to Adopt More Final Mile?

GlobalTranz

E-commerce will continue to grow significantly, and according to Supply Chain Dive, much of this innovation and disruption derives from the record-breaking growth of Amazon Prime. In fact, Amazon Prime is growing at a rate of 30% annually, and consumers continue to demand faster and cheaper deliveries. Recently, Amazon announced free same-day shipping on millions.read More.

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Machine Learning in the Supply Chain

Logistics Viewpoints

One area of interest in today’s end-to-end supply chain is machine learning. And this is certainly a topic that we have written about quite often. Over the last few months, Steve Banker, Clint Reiser, and I have written about artificial intelligence and machine learning in a number of contexts and how it impacts the supply chain. These topics have included transportation management, warehouse management, and supply chain planning, among others.

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Unlocking the Value in Your Supply Chain Network

The Network Effect

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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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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Infographic: How to Win Big with Machine Learning for Demand Planning

ToolsGroup

So you’ve done your homework and know that machine learning and demand planning go together like peanut butter and jelly. But whoa there! Don’t dive in quite yet. The key to sustainable supply chain benefit from machine learning is taking a thoughtful approach at the very beginning by establishing goals, devising a strategy, testing results and refining your approach as you go.

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This Week in Logistics News (August 24 – 30)

Logistics Viewpoints

For the last few months, Patriots fans have been wondering what Rob Gronkowski’s “next chapter” will be. As a fan, my obvious hope was that after some down time and the chance to heal his body, he would decide to rejoin the team. Earlier this week, Gronkowski held a press conference to finally announce his next chapter. And while he did not rule out a return to the field (nor did he in any way […].

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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Infographic: How to Win Big with Machine Learning for Demand Planning

ToolsGroup

So you’ve done your homework and know that machine learning and demand planning go together like peanut butter and jelly. But whoa there! Don’t dive in quite yet. The key to sustainable supply chain benefit from machine learning is taking a thoughtful approach at the very beginning by establishing goals, devising a strategy, testing results and refining your approach as you go.

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Retail Compliance Programs: How to Exceed Retailer Expectations

Talking Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry — have the right product in the right.

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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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Demand Planning Breaks Down During Recessions

Logistics Viewpoints

Bonds had a yield curve inversion on August 14th. This often often signals a recession within about 14 months. Demand planning is difficult in these circumstances. This article discusses how supply chain teams can do better in these circumstances. The post Demand Planning Breaks Down During Recessions appeared first on Logistics Viewpoints.

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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

[00:38] Please introduce yourself and your company. I’m Gary Sostack, President and Founder of ElementaLogistics LLC. We assist 3PLs with their bid packages to corporations, and we work with corporations who don’t see supply chain as their core activity. [01:20] Tell us a little about your background. I grew up in New York and graduated from the New York Institute of Technology.

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Businesses Must Take and Avoid Risks

Enterra Insights

Risks are something with which every business must deal. Entrepreneur Richard Branson observes, “The luckiest people and businesses are those that are prepared to take the greatest risks. We can all create our own luck by taking the necessary risks to open the door to change, progression and success.”[1] Conversely, when it comes to supply chain operations, smart company executives do their best to avoid risks.

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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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What’s Your Burger Made of This Labor Day Weekend?

Kuebix

Beef burgers have been a summer barbecuing staple for generations of Americans. From Memorial Day to Labor Day families and friends will gather to share this favorite food in backyards across the country, not to mention year-long at many popular fast-food chains. The traditional beef burger is changing, however. Now, when you head to your […].

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Effect of Shutdowns (or Other Supply Disruptions) on Demand Variability

Arkieva

When trying to forecast demand for the future, it is important to understand the variability in the underlying dataset. Effect of Shutdowns (or Other Supply Disruptions) on Demand Variability was first posted on August 29, 2019 at 9:28 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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5 Tips to Cut Hotel Supply Chain Costs

AFFLINK

In the hotel business, your profit is often controlled by your supply chain. The more you can cut your supply chain costs, the more you can cut your overhead; the more you can cut your overhead, the higher the return on your investments. However, managing and optimizing your supply chain isn't an easy task. Start with these five important tips to reduce the cost of your hotel hospitality supplies. 1.

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How Emerging Technologies are Changing Supply Chain Management

Enterra Insights

The world is changing at such a frantic pace some people would like to call a time out. Unfortunately for them, change is a relentless characteristic of modern life. The 19th Century French journalist Jean-Baptiste Alphonse Karr, coined the adage, “The more things change, the more they stay the same.” Doug Braun, CEO of IBS, is not so sure Karr’s proverb remains true.

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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-if Scenario Planning is a Waste of Time

Adexa

Everyone loves what-if planning because it allows you to change certain variables and see what the potential outcome might be and then pick the “ best ” strategy. There are millions of variables in any supply chain model. How do you know your selected scenario is the best one? It is probably the best that one can do given the limited computational capability of humans but it is not the best scenario and certainly not the optimized scenario!

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Counterfeit products are exploding on Amazon

NC State SCRC

A recent WSJ article highlighted a fact that confirms much of what we found in our study of counterfeit products in the supply chain a year ago: if you’re buying on Amazon, beware of counterfeits. Too cheap means too good to be true. A Wall Street Journal investigation found 4,152 items for sale on Amazon.com Inc. ’s site that have been declared unsafe by federal agencies, are deceptively labeled or are banned by federal regulators—items that big-box retailers’ policies would bar fro

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Are Ghost Assets Haunting Your Inventory Control?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers! Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. Imagine an asset that, instead of contributing to a business’s success, costs it money without producing return, makes it harder to get an accurate picture of performance and otherwise hinders its success.

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ERP and MES: The Relationship Explained

OptiProERP

Manufacturers are becoming more competitive day-by-day. From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Manufacturing Execution Systems (MES) is an extensive software that controls complex manufacturing operations and data on the shop-floor.

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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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How To Ensure Best Practice Use Of Your Business Intelligence Dashboards

Unleashed

Business intelligence dashboards (BI dashboards) are a technological approach to analysing and presenting information visually in a practical and actionable way. BI dashboard design combines charts and graphs on a single screen to give readers a clear picture of the business data they are assessing. Understanding how to use business intelligence tools correctly is essential to ensuring a consistent level of sustainable growth and ongoing business success.

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Implementing Blockchain into Your Supply Chain Workflow

Supply Chain 24/7

Andrey Zhulin, co-founder and CEO of Insola, believes that blockchain technology should bring real value beyond the hype, and it should create new business opportunities, decrease costs and increase transparency, it can transform the whole economy, across all supply chain industries.

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Food Industry Delivery Trends!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos). Article originally published by, and permission to publish here provided by, Raanan Cohen at bringg.com. It’s never been easier for food companies to reach their customers. Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total

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Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Sustained marketplace success and effective supply chain management go hand-in-hand. Why? Organizations that cultivate and maintain reliable yet malleable logistics channels can source the material needed to produce impactful products with minimal overhead and deliver these items swiftly to anticipative consumers. In fact, 62% of logistics, supply chain, and transportation executives say their companies are undergoing profound supply chain transformation , according to a 2019 report from Forbes

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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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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

Brookes Supply Chain Planning Blog

You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP).

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When a Hurricane Hits: See & Solve Shipment Delays in Real Time

Savi

Savi’s tagline is “The Value of Knowing.” As Hurricane Dorian bears down on the ports of Florida and potentially others up the East Coast, knowing where your shipments are in relation to the storm is pretty important. All vessel movements in the region are expected to come to a halt as Dorian batters the southeastern US. Current forecasts have the storm making landfall along the east coast of Florida Monday morning, potentially as a Category 4 hurricane.

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Why Counterfeiting Is So Dangerous

Shipchain

If you’ve been following our blog, you’ve noticed the term “counterfeiting” here and there. It’s a huge issue in shipping and logistics, but it certainly doesn’t stop there. For the majority of people, the first thing that comes to mind is counterfeited goods. Fake handbags, knock-off sunglasses, inauthentic sneakers, and so on. And while finding out that your designer clutch is actually a fake can be devastating to both your pride and your wallet, in truth, it could be much worse.