Sat.Nov 10, 2018 - Fri.Nov 16, 2018

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Smart Logistics Data: The intelligent supply chain

SupplyOn

Smart Logistics Data enables a change of perspective to look ahead instead of backwards A supply chain has to be agile, robust and resilient. Capable of anticipating potential risks and responding in advance, detecting problems early on and flexibly circumventing them. All this requires the intelligent use of data. But how can we really make data “smart”?

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Deal or no deal: The impact of Brexit on automotive supply chains

DELMIA Quintiq

Less than three months remain for the British government and the European Union to negotiate on a highly complex exit agreement. Business leaders are getting nervous as time is very short. The United Kingdom (UK) imports the most goods by far compared to other European countries, not just final products but also parts and components for further production and assembly.

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Why probabilistic forecasting is better for inventory optimization

ToolsGroup

Editor's Note: There will be no blog next week due to the US Thanksgiving holiday. Last month we published a primer on probabilistic forecasting , an alternative to deterministic or ‘single number’ forecasting. In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network.

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LTL DIM Pricing: Why LTL Is Moving to Dimensional Based Pricing

GlobalTranz

The use of dimensional (DIM) pricing has an extensive history by the Big Three carriers. FedEx, UPS, and DHL all claim to have been the first to switch to DIM pricing in 2013, but all packages were swapped over into the DIM pricing model in 2015. The United States Parcel Service was among the last carriers to make the switch. Unfortunately, the use of LTL DIM pricing is often overlooked for a simple reason; DIM pricing is usually associated with overnight shipping and parcels, not LTL, explains

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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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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. (This was the inaugural supply chain event for the Consumer Healthcare Products Association. Checkout the presentation posted on slideshare. ). During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes. In my discussion, I used the chart in Figure 1.

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What’s a Smartphone Made Of?

SCM Research

In this TED-Ed video, Kim Preshoff investigates the smartphone production: “As of 2018, there are around 2.5 billion smartphone users in the world. If we broke open all the newest phones and split them into their component parts, that would produce around 85,000 kg of gold, 875,000 of silver, and 40,000,000 of copper.” I really like the video, as it takes a supply chain perspective, and I can imagine to use it in my future SCM courses.

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Integrating ERP and TMS: Why Your Business Needs Both Systems

GlobalTranz

Too often, ERP software is seen as the final answer to any and every distress a business may face. Built to centralize processes, increase productivity and provide end-to-end visibility of your company, why would you ever consider another solution? But more often than not, businesses focused heavily on the supply chain aren’t getting all the promised benefits of this software.

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Five Things To Know About NextGen Supply Chain Technology

PINC

In its 2018 Annual Industry Report, MHI advises companies to “think big, but start small” when implementing new technology tools and systems.

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This Week in Logistics News (November 12-16, 2018)

Talking Logistics

We received the first snow of the season last night, followed by heavy rains. It’s a slushy mess out there. On the bright side, my daughter is coming home today for Thanksgiving break, so we’re all very excited to see her. I know I’m a few years late, but I started binge-watching Downton Abbey last week (I’m on episode 7, season two). I’ve started calling my wife “My lady” but she hasn’t come around to calling me “My lord” just yet.

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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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7 Best Project Management Books Ever Written

Supply Chain Opz

We rank the leading books on project management on the market using the objective evaluation and the result are best project management books ever written. What Kind of Project Management Books Do You Need? While Project Management Body of Knowledge ( PMBOK Guide by Project Management Institute) is considered a gold standard, it's just a guide to getting you to know the project management process.

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[PODCAST] Why Supply Chain Executives are Paying More Attention to Transportation Management

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we share a guest podcast from our friends over at Marketscale featuring our very own “The Freight Project Podcast” host, Marketing Manager, Adam Robinson regarding how more supply chain executives are getting involved in transportation management to reduce costs and overall effectiveness.

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Is Community Intelligence the next AI wave?

Arkieva

Most of us have had some exposure to the “AI Awakening” wave that has emerged over the past few years. Of particular interest to Arkieva and its customers is how this “new technology” integrates with the ongoing journey of creating more intelligent supply chain decision-making process to improve organizational performance. Is Community Intelligence the next AI wave?

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Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

The Logistics of Logistics

download the audio file. [00:21] Opening / Introduction. [01:04] Erik, please tell us about your background? Where did you grow up? Where did you go to college? Joined Loadsmart in April 2018. Previously, Erik was the Director of Strategy at AFN, a Chicago-based truckload brokerage. Prior to his time at AFN, Erik was the Executive Vice President of CarrierDirect, a boutique strategy consulting firm and advised companies such as Werner Enterprises, Worldwide Express, and BlueGrace Logistics.

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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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7 Books on Project Management for Beginners

Supply Chain Opz

We rank the leading project management books on the market using the objective evaluation and the result are best books on project management ever written. In Search of the Best Project Management Books While Project Management Body of Knowledge ( PMBOK Guide by Project Management Institute) is considered a gold standard, it's just a guide to getting you to know the project management process.

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How AI, Machine Learning and Automation Will Impact Business in 2018 and Beyond!

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published at tenfold.com Permission to publish provided by Ira Padilla. Check out How Artificial Intelligence (AI) Will Change Decision Making for Businesses! We are living in exciting and innovative times with futuristic technology literally at our fingertips. But for the longest time, small to medium sized businesses were not serviced by the latest tech trends enterprises have been able to benefit from.

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. How quickly do customers receive products? How much are they willing to pay to receive those products faster? Were any shipments damaged or otherwise subject to cargo insurance claims? What could we as a company do better? Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain.

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The 7 Principles of Warehouse and Distribution Centre Design

Logistics Bureau

Warehouse and distribution centre (DC) design is a fascinating and absorbing topic, but alas, is often misunderstood. Regrettably, few people fully understand the discipline of warehouse design and because of this, literally thousands of facilities are underperforming. To assist designers, I will outline seven key principles applicable to a warehouse or DC design, compiled from a review of literature, discussions with industry specialists and materials handling companies, plus my own design expe

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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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4 Things We Learned this Hurricane Season About How Companies Use Tech to Help Communities

BlueYonder

Hurricane season has rolled through and there’s just a few weeks left. This year’s season included two major storms and eight hurricanes total. So, what can we learn as businesses and bystanders in the aftermath? Here are four ways companies prepare for impact to support their local communities in the eye of the storm: They keep eyes on the cone. It’s not an exact science, but there is an undeniable art to storm preparation.

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Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Check out Disaster Strikes!!! Is Your Supply Chain Ready To Recover? A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation.

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How Shoppers and Retailers Can Reduce Waste This Thanksgiving

Elementum

Concerns about food waste and changing consumer preferences are posing new challenges — and opportunities — to the food supply chain. Increasingly, retailers are making their Thanksgiving supply chains more efficient, prioritizing sustainability, freshness, and satisfied customers without compromising profit. For most of us, Thanksgiving is a time to reconnect with family and celebrate abundance.

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

Supply chains are complex entities. Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability.

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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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No-touch nonsense

Supply Chain Movement

Given the rapid advancement in the capabilities of analytical software, the long-held dream of fully automated supply chain planning seems to be within reach at last. According to several consultants at McKinsey, ‘no-touch planning’ will enable a continuous, seamless closed-loop cycle of fully automated planning and re-planning, increasing accuracy and efficiency for both companies and their customers.

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The Amazing Supply Chain of Chocolate Easter Eggs

Supply Chain Game Changer

Subscribe Here! Email Address. Article written by Chloe Cooke and originally published on [link] Permission to publish here provided by David Weaver. Check out The Baby Supply Chain! At the end of this month, the festival of Easter will begin. Aside from the religious connotations, many people automatically associate Easter with the legend of the Easter bunny delivering chocolate Easter eggs to children.

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5 steps for Procurement to impact on financial results

Claritum

Claritum Article - Procurement Blog. Contents. Introduction. Step 1. Remove the noise. Step 2. Address Procurement Strategy. Step 3. Focus Procurement on supplier optimisation. Step 4. Don’t lose Procurement’s focus on costs. Step 5. Keep Procurement up to date. Summary. Introduction. Procurement is a complex multidisciplinary team activity that crosses all areas of the business.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Directly or indirectly, you are affected. Procurement is what sets entire supply chains and their organisations in motion.

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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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Transforming Brands for Success in the World of New Retail

Supply Chain Network

For brands to succeed in the New Retail world they must seize control of their own destiny. And as defined by our colleague and New Retail expert Michael Zakkour : ‘The New Retail is the complete integration of online, offline, logistics, and technology into a single value chain that places customer centricity and convenience above all else.’ One of the challenges faced by major CPG Brands is in sustainably standing up their own online business, and many have already faced multiple t

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The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by Adam Robinson on [link]. Permission to publish here provided by Adam Robinson. There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true. The tech is fundamentally changing the way packages move around the world, from predictive analytics to autonomous vehicles and robotics.

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5 Practical Uses of Blockchain for Supply Chain (and why it's ok if you're not using it yet)

Freight Plus

Blockchain is the talk of the town in supply chain circles but should shippers start using it now? The answer may surprise you.