Sat.Oct 13, 2018 - Fri.Oct 19, 2018

article thumbnail

Why should you have a multi-carrier shipping strategy?

TradeGecko

In years gone by, most retailers could get by partnering with one shipping carrier to deliver their products. In fact, this was often the preferable method of managing shipping because it allowed businesses to negotiate better shipping rates and streamline the shipping process.

article thumbnail

Probabilistic Forecasting - a Primer

ToolsGroup

An experienced gambler might hedge their bet on multiple outcomes, rather than just the most likely "single number forecast". At ToolsGroup we have been big advocates of probabilistic forecasting (sometimes also known as stochastic forecasting). Understanding and employing this relatively simple principle can take your forecasting and supply chain planning from ‘good to great’.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

GlobalTranz

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences. According to Supply Chain 24/7 , e-commerce is on track to become the dominating force in all sales.

article thumbnail

Breaking down doors for the marginalized in supply chain management. Highlights from Kinexions ’18 day two.

Kinaxis

by Alexa Cheater Less than 15 percent of supply chain executives are female. Even fewer are women of color. That’s a sad state of affairs, and desperately needs to change. So how is it that with so many strong, courageous, talented women, so few have found a way to break through the glass ceiling? Kristen LeBaron , Director of Supply Chain at Lippert Components, Heather Mason , Inventory Program Manager at Applied Materials, Tonia Chu , Global Business Process Owner at Sanofi Genzyme and Pamela

article thumbnail

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.

article thumbnail

Reflections: Building the Network of Networks

Supply Chain Shaman

I remember the call like it was yesterday. Four years have passed. On this cold day, I would like to walk on the beach with my friend Maddy. She is there. I am not. Let me tell you the story. In 2014, while sipping on an early morning coffee, Maddy called to ask me a question. It sounded simple, but she was frantic. Working for a large manufacturer, she was trying hard; but failing, to integrate Ariba, Elemica, and GT Nexus.

More Trending

article thumbnail

Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

The opportunities within the use of blockchain for bill of lading in international trade, especially e-commerce, are significant. According to The LoadStar, the first ocean container use of a blockchain-based bill of lading was released successfully in the port of Koper, Slovenia. This resounding trial and win signifies a new way shippers will be able to compete in the global market, speeding delivery of international shipments, enhancing existing supply chain operations, and more.

article thumbnail

Unparalleled customer affinity on full display at Kinexions ’18

Kinaxis

by Harish Iyer Kinexions ‘18 was the best capstone I could’ve hoped for at the 30-day mark because I haven’t seen customers show such passion for a solutions provider in my 20+ years in this industry. On my flight home from Kinexions, I found some time to reflect. Here are my thoughts: Customers love Kinaxis, and they love to tell the world about it.

article thumbnail

Wholesale Distribution: Any Way You Want It?

Logility

I have an affinity to rock & roll music released from the late 70s through the early 90s. The groups on my most listened to playlists include Boston, REO, Rush, Kansas, Styx, Van Halen, Eagles, Foreigner and The Police, just to name a few. I find it interesting that even though many of these groups haven’t released an album in decades, there are stations dedicated to playing this music, television ads often feature their songs and many of this era’s songs have been re-recorded by current ban

article thumbnail

Editor’s Pick: RR Donnelley Achieves Results with FedEx API Integration Program

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from project44’s blog highlights the benefits RR Donnelley has achieved via the FedEx API Integration Program and it includes a short video interview with Tom Griffin, President of DLS Worldwide (a subsidiary of RR Donnelley), and Sam Hong,

article thumbnail

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?

article thumbnail

The Top 5 Challenges of Warehouse Management

GlobalTranz

Warehouse management is not a simple task, and warehouse managers face difficult challenges. Even when orders are low, standard operations continue to grow with each passing day. Part of this derives from the expansion of e-commerce into new and emerging markets. Since consumers have the ability to shop online 24 hours/day and 7 days/week, the challenges of warehouse management do not stop when the brick-and-mortar stores lock their doors for the day.

article thumbnail

CfP: 2019 CSCMP European Research Seminar

SCM Research

The 14 th CSCMP European Research Seminar will be held in Warsaw on May 16 th and 17 th , 2019. Please find the call for papers on the webpage of the 2019 CSCMP European Research Seminar.

Research 110
article thumbnail

6 Ways Artificial Intelligence Technology Is Impacting Logistics and Supply Chain Management

Supply Chain 24/7

Artificial Intelligence is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and logistics, and managers should pay close attention as more AI-enhanced solutions emerge.

article thumbnail

Don’t Take a Holiday from Inventory Management

Talking Logistics

The holiday season is rapidly approaching, and retailers are jostling into position to take advantage of a growing economy and increased consumer confidence. With the uncertainty surrounding trade wars and tariffs, increasing sales is one way to mitigate the potential negative impact on a company’s bottom line and reassure investors that you can weather the storm.

article thumbnail

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

article thumbnail

[WHITE PAPER] Bringing Omnichannel to the Forefront of E-Commerce

GlobalTranz

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “Bringing Omnichannel to the Forefront of E-Commerce” white paper! This is a must read for those who are looking to go omnichannel with their supply chain and understand a major part of that strategy is in the e-commerce channel. Get a free copy of the white paper by filling out the form to the right.

article thumbnail

Christmas is Coming. The Goose is getting Fat. Is Your Supply Chain Ready?

Enterra Insights

Let’s be honest. If your supply chain isn’t ready for the holiday shopping season by now, it’s probably too late to improve it very much. Preparations for the holiday shopping season really need to begin around the first of the year. But, as Paul Myerson, an instructor in Management and Decision Sciences at Monmouth University, asks, “Where to begin?

article thumbnail

Mitigating Logistics Risk Through Blockchain

Shipchain

Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. The applications of blockchain in supply chain management are growing, and supply chain leaders now have a unique opportunity to bring end-to-end visibility to the darkest and most secluded parts of their organizations via blockchain.

article thumbnail

U.S. Tariffs on Chinese Goods: Understanding the Updates

Talking Logistics

It can be a confusing time for the international shipping community due to the U.S. government’s implementation of new tariffs on Chinese goods entering America. As these rounds of regulations have unfolded over the last few months, shippers have been left trying to understand what products have been included in the first two waves of tariffed goods and what these changes mean for their supply chains.

Chemicals 100
article thumbnail

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.

article thumbnail

E-Commerce Freight Consolidation & Desconsolidation: Understanding the Role of Intermodal Freight Shipping for Successful E-Commerce Logistics

GlobalTranz

The world has entered the era of e-commerce, and companies around the globe are struggling to keep up with the trend. Innovative last-mile delivery options have been created, such as concierge services, the app, Doorman, Amazon Key and more. For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation.

Freight 120
article thumbnail

The Digital Supply Chain needs to be a Smart Supply Chain

Enterra Insights

Most analysts agree supply chains need to go digital. More recently analysts are also talking about the importance of supply chains becoming smart. By that they mean supply chains need to take advantage of artificial intelligence (AI) capabilities to get the most out of collected data. Deloitte analysts John Ferraioli ( @Ferraioli ) and Rick Burke explain, “The digital supply network (DSN) can be a powerful tool for companies, allowing them to harness data and information to make more effe

article thumbnail

DynaSys announces the release of DSCP 2018

Manufacturing & Logistics IT

DynaSys, provider of demand and supply chain planning solutions, has announced the general availability of DSCP 2018 (demand and supply chain planning), the latest version of the integrated end-to-end DynaSys solution.

article thumbnail

How Emerging Technologies Will Transform the Way We Do Business [Video]

Talking Logistics

Ty Bordner, SVP of Marketing & Business Development at Amber Road , discusses the following questions and more in this timely and informative episode: Do you believe we’re on the cusp of transformative change in the industry? What are blockchain’s applications in supply chain management and is it better than existing solutions? Why is there so much interest in AI and machine learning?

article thumbnail

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.

article thumbnail

Blockchain belief

Supply Chain Movement

How relevant is blockchain in a supply-chain context? Based on what I’ve heard this year at various international supply chain congresses, opinions differ. Alexander Bahr, Director Supply Chain Information & Integration at McDonald’s, referred to a statement by research and advisory company Gartner describing blockchain as “a hammer looking for the right nail”.

Gartner 84
article thumbnail

How Freight Brokers Can Help Ease the Effects of the Capacity Crunch

NFI

Economic growth, paired with other factors like driver retention, continues to cause tight transportation capacity and impact supply chains across North America. Today’s strong economy, resulting in greater construction projects and consumer shopping, has led to an increase in freight volume and in turn, a shortage of drivers. 1 By the end of 2017, there were.

article thumbnail

Responding to Disruptive Delivery Models and Rising e-Commerce in Asia-Pacific

Supply Chain 24/7

With global giants like Amazon and Alibaba using their supply chains as a way to gain a competitive advantage, smaller retailers risk being left behind.

Asia 71
article thumbnail

Where is Blockchain Headed? Follow the Money

MIT Supply Chain

Countless proof-of-concept and pilot projects have provided compelling information on the potential worth of blockchain solutions in supply chain management, but the technology has to start delivering concrete ROIs soon if the industry is to take it seriously. This was a recurrent theme at the Blockchain Applications In Supply Chain Management Roundtable, October 9 to […].

article thumbnail

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.

article thumbnail

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

The U.S. e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. Managing stock for a variety of commerce channels is becoming more complex, costly, and risky. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. It’s clear that in the changing market landscape, where customers expect immediate and accurate fulfillment of purchases, companies need to look at their inventory

article thumbnail

How to Select an Effective TMS Technology Solution for Your Multichannel Supply Chain

TMC

The digital transformation of supply chains is well underway and will continue to evolve—especially as ecommerce expands and consumer demands increase—and opportunities to optimize network efficiencies, visibility, and customer satisfaction emerge. The line between manufacturing and retail is blurring, adding to supply chain complexity. To stay competitive, companies will need to continue refining their multichannel supply chains and leverage technology.

article thumbnail

Global Supply Chain Management Platform for Cannabis

Supply Chain 24/7

DMG Blockchain Solutions has planned capabilities of a new global supply chain management application that will include supply chain technology and integration across the legal cannabis supply chain.