Sat.Feb 17, 2018 - Fri.Feb 23, 2018

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How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.

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Why chemical companies need prescriptive analytics for S&OP

AIMMS

The chemical industry is facing some powerful changes that are directly impacting revenues and margins. It’s also highly competitive. Everyone is trying to dominate their niche. This means chemical companies need to be adept at managing costs and profitability. But doing this ad hoc is too difficult. Having the right technology is key. Spreadsheets and legacy tools are no longer enough.

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6 More Logistics Technology Trends Enabling Success in 2018

GlobalTranz

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.

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Supply Chain Coordination with Contracts

SCM Research

Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.

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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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Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored. Food for thought: Time for a different kind of supply chain.

More Trending

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5 Automated Logistics Technologies Predictions for Success in 2018

GlobalTranz

Logistics technology is expanding to keep up with increased demand, and shippers need to know which technologies can make or break success rates in 2018. Some of the top logistics trends to affect the industry in the coming year include these key automated logistics technologies. The Top Logistics Trends that Will Impact Logistics Management in 2018.

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Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accele

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The ultimate Kinaxis credential

Kinaxis

by Joe Cannata It all started a little more than two years ago with two supply chain management certification exams — Kinaxis® Certified RapidResponse® Author Level 1 and Kinaxis Certified RapidResponse Administrator Level 1. Since then, we’ve grown our supply chain management exam portfolio to provide exams for contributors, authors and administrators, while also adding integration- and application-focused exams.

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Dig Deep: What to Know About TMS Hosting, Data Models and Integration

Talking Logistics

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.

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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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Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

GlobalTranz

Omnichannel has been a go-to plan for retailers since 2008, but it is changing. Omnichannel, as a word and strategy in retail, is shifting. According to Michael Jones via Forbes , the word, omnichannel, will go away in the coming years as retailers move to become hyper-focused on what customers want, need, and find useful while shopping. While omnichannel is still going to be around, denoting the blending of channels into one experience, the customer experience in omnichannel will become the ne

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This Week in Logistics News (February 17 – 23)

Logistics Viewpoints

This Sunday marks the end of the 2018 Winter Olympics. It has certainly been and exciting couple of weeks, with hundreds of medals awarded, and some incredible performances by the world’s greatest athletes. Yesterday marked the 38th anniversary of the Miracle on Ice, when the USA men’s hockey team defeated the heavily favored team from the Soviet Union.

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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.".

S&OP 101
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The Automated Local Fulfillment Imperative

Supply Chain Network

Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their onl

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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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Top 5 Tips To Optimize Your Warehouse Storage System

GlobalTranz

Do you have a messy, unorganized warehouse? We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. Optimising your warehouse storage system to ensure that it stays organized at all times of the month will be a dream come true, right?

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Holiday Sales Demonstrated Necessity of Omnichannel Strategies

Enterra Insights

Amid all the talk of a retail apocalypse, some retailers demonstrated they still have life. Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] One of the primary reasons retailers are doing better is improved omnichannel operations.

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Most Popular Posts of 2017

The Network Effect

What are people reading on The Network Effect? We took all the traffic to the site over 2017, filtered out. The post Most Popular Posts of 2017 appeared first on The Network Effect.

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European startups secure over EUR160 million of investment capital

Supply Chain Movement

Following on from the popularity of startups in the Europe-wide fintech sector, investors now seem to have spotted significant potential in supply chain management. Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement.

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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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How the IoT is Changing the Supply Chain Landscape

Material Handling & Logistics

The IoT can help companies free up manual resources while ensuring accurate delivery timing throughout the supply chain. It’s no secret that manufacturers have been aggressively pursuing digital transformation to compete and win in the marketplace. In 2018, manufacturers will ramp up this transformation to embrace new technologies that have the potential to change the supply chain landscape.

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Blockchain and the Global Food Chain

Enterra Insights

Blockchain is one of the newest buzzwords making a splash in the tech world. Most famously, blockchain is associated with so-called crypto-currencies like Bitcoin and Ethereum. It turns out, however blockchain technology can prove useful in many fields of endeavor. The food sector may be one area where blockchain technology will prove to be extremely beneficial.

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Performance Reporting and the Operational Restructuring Process

Silvon Software

When companies begin to struggle financially and decide to institute a restructuring initiative to turn things around, many focus solely on the financial aspects of the organization. Unfortunately, this approach ignores the tremendous long-term value that operational improvements can deliver. As a business seeks to regain financial stability, a matching pursuit of operational excellence can help the company realize and capitalize on new opportunities.

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Automation: What Does It Mean for the Future?

NFI Industries

Automation continues to make headlines with predictions of two-hour delivery times and drone services in the future, but what is truly in-store for the future of the shipping industry? While it’s unlikely the industry will see those sorts of advances in technology anytime soon, ecommerce continues to drive demand for automation. Customers are expecting faster, Read More.

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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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Creating high-performance supply chain teams using the Kraljic model

Supply Chain Movement

Even though the era of ‘procurement through power’ is well over, I still see a lot of purchasers getting lost or sidetracked in the wrong quadrant of the Kraljic model in their quest for good prices to maximize profit. That is perfectly understandable, given the linear, results-oriented business culture in Europe. But focusing on the long term and allocating your resources to the right quadrant will take you to ‘best in class’ level and beyond, turning you into an efficient supply chain ‘high pe

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The Internet of Things and Supply Chain Operations

Enterra Insights

The term “supply chain” was coined because it denoted key linkages from raw resources to finished products. Connecting those links has been the essence of supply chain operations since trading first began. Through the centuries there has also been a focus on making supply chains more efficient. This focus sharpened and became even more important with the rise of e-commerce and omnichannel operations.

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Keeping the Supply Chain Love Alive

ModusLink Corporation

Valentine’s Day, beyond being an occasion to indulge, adore and sugar load, presents the perfect opportunity to reflect on relationships. Brands have countless relationships to manage, within their business and even across their channels, though when it comes to keeping things up and running, it may be most important to review the relationship to they […].

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Look beyond the Turnover Ratio! Here’s a Simple Way to Create an Effective Inventory Management Process

Arkieva

Use this simple tool for identifying areas of potential improvement in the business to create an effective inventory management process. This type of measurement allows for a more widespread understanding of the nature of inventory and fosters action to prevent a build-up of non-value-adding "drag". Look beyond the Turnover Ratio! Here’s a Simple Way to Create an Effective Inventory Management Process was first posted on February 20, 2018 at 8:09 am. ©2017 " Supply Chain Link Blog - Ark

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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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Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling & Logistics

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. “The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” —corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000.

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What is Omnichannel Revenue Management and Why Should You Care?

AFFLINK

There's an old saying that tells us that in the world of business, you need to go where your customers are. But due to the digital revolution, your customers are in more places than ever before. This is true regardless of the type of business that you're running or even in the industry you're operating in. But at the same time, that old saying is still very much true - you can't force your customers to interact with your brand the way you want them to, you have to do whatever you can to support

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Part Two – Give People a Reason to Make a Change

CHAINalytics

| By Patrick Boyle | Principal, Supply Chain Operations | Chainalytics | Previously in this series, I discussed the need to “Make people aware that change is coming.” Lesson one emphasized the importance of broadly communicating changes before they happen and providing key points clearly so that folks understand.