Enterra Insights

AUGUST 4, 2022

The late Thomas Samuel Kuhn, an American philosopher of science, introduced the term “paradigm shift” in his 1962 The Structure of Scientific Revolutions. The term caught on. As Tania Lombrozo ( @TaniaLombrozo ), a psychology professor at Princeton University, notes, “Talk of paradigms and paradigm shifts has since become commonplace — not only in science, but also in business, social movements and beyond.”[1] She adds, “A paradigm shift is defined as ‘an impo

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Supply Chain Planning 130

SYSPRO Smarter ERP

AUGUST 3, 2022

A modern ERP software platform provides this foundation, serving as a central source of truth for financials, operations, and the supply chain — essentially every aspect of a manufacturing or distribution business. But not just any ERP platform will do. Just as the market changes rapidly, so does technology, and to take full advantage of the new technologies and new capabilities that enable digital transformation , it’s important to deploy the latest version of software.

Optimization Software 105

Optimization Software Supply Chain Software Procurement Solutions Manufacturing Procurement 105

Logility

AUGUST 4, 2022

Your ship’s come in! That’s a good thing, right? Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

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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.

Supply Chain Strategy

Logistics Viewpoints

AUGUST 2, 2022

The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and they fail, again and again and again.

Supply Chain Software 300

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Agile and Lean Supply Chain 300

Talking Logistics

AUGUST 1, 2022

As reported by Dion Rabouin in the Wall Street Journal last week, “top executives at large U.S. companies are increasingly talking up bringing workforces and supply chains back home — known as ‘re-shoring’ — during second quarter earnings calls. Data from Bank of America shows use of the term has spiked to a record level, Read more Reshoring: “The Beginning of De-globalization” or More of the Same?

Global 206

Global Journal America Report 206

The Logistics of Logistics

AUGUST 3, 2022

Mike Allan and Joe Lynch discuss the Routeique story. Mike is the President and CEO at Routeique, a software as a service (SAAS) company that enable fast-moving consumer goods businesses to save time and money, innovate faster, be more competitive, avoid costly mistakes, de-risk decisions, and satisfy ever-growing customer expectations— by providing them with unprecedented supply chain insight, foresight, and oversight.

Logistics Network Optimization Software 208

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Supply Chain Software 208

Logistics Viewpoints

AUGUST 4, 2022

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? In times that continue to defy our ability to predict them, the words of famous statistician George Box have never been more right: “All models are wrong, but some are useful.” So what can we do to make models more useful? Artificial intelligence and machine learning ( AI/ML ) can improve forecast accuracy, but a bigger problem is the failure to set accurate expectations around foreca

Supply and Demand 277

Supply and Demand Forecasting Forecasting Software Demand Planning 277

ToolsGroup

AUGUST 3, 2022

ToolsGroup welcomes Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. . BOSTON — August 4, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Jon Purdy as Chief Financial Officer and Joseph Luciano as Chief People Officer. These strategic executive hires support rapid company growth, better collaboration, goal clarity, and ongoing improvement in key business metrics while keeping

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

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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?

Optimal Sourcing

Talking Logistics

AUGUST 5, 2022

There are many reasons why I can’t think straight this morning, so I’ll just go straight to the supply chain and logistics news that caught my attention this week. Amazon launches same-day delivery from some brick-and-mortar retail brands (CNBC) Aurora and Schneider to Autonomously Haul Freight in Texas Self-Driving Truck Accident Draws Attention to Safety.

Supply Chain 185

Supply Chain Logistics Texas Supply and Demand 185

The Logistics of Logistics

AUGUST 5, 2022

Byron Bennett and Joe Lynch discuss the Zergratran story. Byron is the Founder and CEO of Zergratran , an innovative and sustainable high-capacity transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific. In doing so it will offer faster, smarter, safer and cheaper solutions to existing alternatives.

Panama 201

Panama Supply Chain Network Software Supply Chain Planning Software Logistics Network Optimization Software 201

Logistics Viewpoints

AUGUST 3, 2022

Earlier this week I saw an investor video discussing growth stock performance. It included all of the usual suspects – Amazon, Alphabet (Google), Tesla, and other household technology names. This was on a day I was busy analyzing the global warehouse automation market. I had just reviewed KION Group’s financials that showed the Supply Chain Solutions segment (Dematic) grew by 44 percent in 2021.

Supply Chain Software 252

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The Network Effect

AUGUST 2, 2022

The post How to Handle Supply Chain Planning in the Face of Chaos appeared first on The Network Effect.

Supply Chain Planning 199

Supply Chain Planning Scenario Planning How To Supply Chain 199

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

Optimal Sourcing

Enterra Insights

AUGUST 5, 2022

If supply chain snarls kept you from receiving items you wanted last Christmas, you’re in luck. Those items are now arriving in U.S. ports and you may be able to get them at a bargain price. The staff at SupplyChainBrain notes, “Some of the goods remain stuck at seaports and some are heading to liquidators.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. … Companies are struggling to find space for the glu

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

The Logistics of Logistics

AUGUST 1, 2022

Jim Bierfeldt and Joe Lynch discuss the logistics buyers survey created by Jim and his team at Logistics Marketing Advisors. About Jim Bierfeldt. Jim Bierfeldt is the Founder and President of Logistics Marketing Advisors. Jim has had a 35-year career in marketing and communications, including 25+ within the logistics industry. He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and ser

Survey 180

Survey Logistics Network Optimization Software Logistics Material Savings 180

ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. .

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

3GTMS

AUGUST 2, 2022

The post Building Supply Chain Resilience: The Right Balance of Human and Tech in Transportation appeared first on 3GTMS.

Transportation 130

Transportation Supply Chain Supply and Demand Transportation Management 130

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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.

How To

Amware Logistics and Fulfillment

AUGUST 2, 2022

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic. Now, as pandemic difficulties ease, many eCommerce and omnichannel professionals find themselves asking the question: How much inventory should I have?

Inventory Reduction 118

Inventory Reduction Inventory Agile and Lean Supply Chain Omnichannel 118

CHAINalytics

AUGUST 2, 2022

Pandemic lockdowns quickly altered consumer buying patterns and delivery expectations and, when it came to their fur-children, pet-parents were no different.One of the largest pet retailers in the U.S. reached out to Chainalytics Supply Chain Design practice to help align its distribution strategy and pivot to serve surginge-commerce demand. While many retailers struggled to … The post National Pet Retailer Thrives During COVID-19 Through E-Commerce Fulfillment Flexibility appeared firs

Retail 109

Retail Supply Chain Design Supply Chain Strategy Distribution 109

SYSPRO Smarter ERP

AUGUST 1, 2022

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Material Savings Manufacturing Procurement 111

Supply Chain Brain

AUGUST 4, 2022

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

Supply Chain Software 111

Supply Chain Software Supply Chain Data Supply and Demand 111

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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.

Supply Chain Planning Software

Supply Chain Matters

AUGUST 3, 2022

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Morgan and S&P Global was headlined with an observation of stagnated production output globally.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

BlueYonder

AUGUST 4, 2022

Executive summary. According to Gartner (2018 Gartner S ales & O perations P lanning Success Survey ), the most popular evaluation metric for forecasts in Sales and Operations Planning is Mean Absolute Percentage Error (MAPE). This needs to change. Modern forecasts concern small quantities on a disaggregated level such as product-location-day. For such granular forecasts, MAPE values are extremely hard to judge and thereby disqualify as useful forecast quality indicators.

Forecasting 98

Forecasting Tuvalu Modeling Forecasting Software 98

IT Supply Chain

AUGUST 5, 2022

By Dominic von Trotha Taylor (pictured). CEO & Chairman, iov42. The post Is blockchain the key to battling counterfeit goods & improving supply chain traceability? appeared first on IT Supply Chain.

Supply Chain 105

Supply Chain Supply and Demand Industrial Industry 105

Supply Chain Brain

AUGUST 1, 2022

The standoff between the U.S. and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains.

Taiwan 105

Taiwan Shipping China Supply Chain 105

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

Warehousing

Cathy Roberson

AUGUST 1, 2022

As of Aug 1, there are 146 days until Christmas. Are you ready? Thanks for reading Rethinking supply chains! Subscribe for free to receive new posts and support my work. Planning for the parcel peak season is well underway for many shippers and carriers. The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

All Things Supply Chain

AUGUST 1, 2022

In recent times, shortages of goods have caused widespread supply chain issues. Labor shortages have also been troublesome for production and the economy.

Supply Chain 98

Supply Chain Supply and Demand Transportation Logistics 98

IT Supply Chain

AUGUST 5, 2022

By Paul Williamson (pictured). Guest Author. The post 4 Proven Methods for Developing an Effective IT Strategy for Your Organization appeared first on IT Supply Chain.

Supply Chain Strategy 105

Supply Chain Strategy Strategy Price Mitigation Strategies Supply Chain 105