ToolsGroup

JULY 25, 2017

Editor's Note: This week we have a guest post from Bob Ferrari, Managing Director of the Ferrari Consulting and Research Group. This blog first appeared in Supply Chain Matters. It is the second in a series on how companies can build foundational service parts planning technology to prepare for the Internet of Things (IoT). In a previous blog , I declared that one of the most promising line-of-business areas that will benefit from Internet of Things (IoT) enabled technologies applied to supply c

Supply Chain Planning Software 198

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 198

GlobalTranz

JULY 25, 2017

How do you define the digital supply chain? Do you isolate it to processes involving the internet, or do you take a more progressive approach and combine cloud-based technologies, integration and unmatched customer service into one, data-based solution? Most supply chains have been involved in digital processes for years. Even computerized picking systems rely on the digital supply chain, but the digital supply chain relies on the actions of supply chain managers for continued growth.

Supply Chain Design Software 168

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 168

Talking Logistics

JULY 24, 2017

Achieving end-to-end supply chain visibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freight visibility. Why has this become so important for shippers and third-party logistics providers (3PLs)? “We’ve always had systems that allowed you to get visibility within your own four walls,” said Bennett Adelson, CEO of MacroPoint in a recent episode of Talking Logistics.

Real-time Visibility 0

Real-time Visibility Demand Planning Software Freight Supply and Demand 0

Kinaxis

JULY 24, 2017

by Alexa Cheater There’s no such thing as 100% when it comes to forecast accuracy. Let me say it again. One hundred percent accuracy does not exist. I don’t care how good your demand sensing is or how sure your sales team is of their market projections. It’s just not possible. Anyone who says differently is either selling something, or a deity. So why are you spending so much time trying to make the impossible real?

Supply Chain Planning Software 160

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 160

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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

Agile and Lean Supply Chain

Supply Chain Insights

JULY 27, 2017

Recently I had the opportunity to go to Llamasoft headquarters in Ann Arbor, Michigan to play the game they have programmed for Supply Chain Insights around supply chain strategies and inside-out versus outside-in processes, SCI IMPACT! The game is a simple simulation of a supply chain where each month decisions are made by players and results are calculated in the game.

Inventory Reduction 77

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 77

4WL Consulting

JULY 24, 2017

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

Supply Chain Planning Software 133

Supply Chain Planning Software Logistics Network Optimization Software Logistics Vendor Strategies 133

Talking Logistics

JULY 27, 2017

There’s certainly been a lot of buzz and discussions since Amazon announced its planed acquisition of Whole Foods. What impact is this going to have on the grocery industry? Is Amazon going to shape and transform the way we shop for groceries and have them delivered? What should other grocers do in response? “I think you’re kidding yourself if you don’t see this as a wakeup call for the grocery industry,” said David Caines, COO at Kenco Group in a recent episode of Talking Logistics.

Food 126

Food South Carolina Industry Industrial 126

Elementum

JULY 25, 2017

Following Amazon’s announcement of buying Whole Foods, Amazon’s stock rose 3% while Whole Foods shares skyrocketed 28%. With this acquisition, the world's largest online retailer just proved one thing: Amazon not only wants to dominate the e-commerce industry, they have a clear ambition to get a real foothold in the traditional brick-and-mortar businesses as well.

Retail 113

Retail Supply Chain Planning Software Demand Planning Software Minneapolis 113

GlobalTranz

JULY 24, 2017

“Unsustainable.”. That is the word being used to describe the state of the logistics industry in 2017, reports William B. Cassidy of the Journal of Commerce. While it may not describe everything in supply chains, it does accurately describe the overhead costs today’s shippers and carriers have enjoyed recently. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs ac

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

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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

4WL Consulting

JULY 24, 2017

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Logistics Vendor Strategies 130

Talking Logistics

JULY 28, 2017

Amazon reported its Q2 2017 results yesterday. Revenues increased 25 percent to $38 billion in the quarter compared to Q2 2016, but profits fell by 77 percent as the company continues to invest heavily in its various businesses, including its logistics and fulfillment network. Shipping expenses increased 36 percent in the quarter to over $4.5 billion.

Logistics Network Optimization Software 0

Logistics Network Optimization Software San Francisco Los Angeles Logistics 0

Supply Chain Insights

JULY 23, 2017

Summer is ending. 2018 is right around the corner. Is it time to start to plan the new year? Forge a strategy? Engage employees? At this time of year, we find many companies planning workshops to stimulate thinking on building a digital supply chain and igniting next-generation supply chain thinking. If this is you, we would like to offer to help. We have four opportunities for engagement.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

GlobalTranz

JULY 26, 2017

The usefulness of technology among shippers remains undisputed. Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Although it sounds ominous, shippers must be willing to become tech-savvy, or they will lose any existing competitive advantage they have.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122

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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

4WL Consulting

JULY 24, 2017

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

Supply Chain Planning Software 100

Supply Chain Planning Software Logistics Network Optimization Software Logistics Vendor Strategies 100

Enterra Insights

JULY 24, 2017

Revolutions occur when people are dissatisfied with the status quo and rise up to change things or when disruptive technologies … Continued. The post Time to Take Part in the Digital Enterprise Revolution appeared first on Enterra Solutions.

Supply Chain Software 100

Supply Chain Software Big Data Supply Chain Technology Data 100

Arkieva

JULY 27, 2017

Over the past few months, we’ve been running simulation tests on different demand forecasting methods: Winter’s additive & multiplicative, seasonal and robust seasonal. Then, we used MAPE to determine the forecast accuracy for each method. Here’s what we found. We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found. was first posted on July 27, 2017 at 1:12 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-comm

Forecasting 92

Forecasting Supply and Demand Modeling Supply Chain Planning 92

CHAINalytics

JULY 24, 2017

By Mike Eaton | Principal, Transportation | Chainalytics It’s become common knowledge that Walmart is in the process of implementing new, more stringent standards in regard to On-Time-In-Full (OTIF) delivery requirements. Reportedly, failure to adhere to these standards may result in punitive fines of up to 3% of product invoice value. For the transportation component, … The post How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

Policies 80

Policies Transportation Supply and Demand Report 80

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

Supply Chain 24/7

JULY 24, 2017

In the traditional supply chain model, the supply chain is viewed as a cost center, but a global trade network model is viewed as a strategic, competitive asset.

Modeling 78

Modeling Supply Chain Supply and Demand Global 78

Material Handling & Logistics

JULY 25, 2017

Other risks include taxes, labor costs, economic conditions and competition. read more.

Supply Chain Disruption 75

Supply Chain Disruption Manufacturing Supply Chain Supply and Demand 75

Sourcemap

JULY 23, 2017

Sourcemap, New York, and Provenance, London, link their digital platforms for supply chain transparency, enabling businesses in the food and fashion industries to map their supply chain, gather data and track verified claims with the movement of product. Combining Sourcemap’s upstream mapping, macro risk analysis, and data capture with Provenance-verified business and product claims, as well as downstream batch-level tracking for automatic supply chain traceability.

Supply Chain Network Software 73

Supply Chain Network Software Demand Planning Software Supply Chain Software Consumer Goods 73

Supply Chain Collaborator

JULY 27, 2017

Guest Blogger, “Big Ed” Burns of Burns Logistics penned a fun post drawing the parallels between the complexities of monitoring the movements of mighty great whites and monitoring the movement of freight across supply chain networks. Both tasks require powerful technologies and a very careful, well-conceived strategy to be successful. A false step when trying to track a great white could cost you a limb, whereas poor visibility into freight movement and status will definitely cost

Logistics Network Optimization Software 73

Logistics Network Optimization Software Supply Chain Software Supply Chain Optimization Supply Chain Strategy 73

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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

Cost Reduction Strategies

EcoVadis

JULY 25, 2017

Ever since China ratified the Paris agreement, Hong Kong is under the spotlight to align with the global agenda and respond to the increasing stakeholders’ demand on sustainability effort. The Hong Kong government and the industries have been working towards a number of initiatives in enhancing Corporate Social Responsibility (CSR). This article aims to give an overview of the history and current CSR development in Hong Kong.

Material Savings 72

Material Savings Sustainability Resource Reduction Procurement Analytics 72

BlueYonder

JULY 24, 2017

It seems like the only thing you can be certain about in today’s business environment is that the way things are today – will change. For those of us in the supply chain business, this is especially true. Over the past few years, consumers’ shopping behaviors and preferences have changed dramatically, forcing many companies to re-examine their go-to-market and supply chain strategies.

Supply and Demand 72

Supply and Demand Inventory Reduction Survey Supply Chain Planning 72

E2open

JULY 26, 2017

Why an Integrated Business Planning Process Cannot Be Effectively Managed Using ERP and Spreadsheets. alyssa. Wednesday 26 July 2017. John Lash, Vice President, Product Marketing, E2open. Breaking free of spreadsheets is an important milestone in the journey to a mature integrated business planning process. Excel is a natural starting place because everyone is familiar with it, but spreadsheets quickly become a limiting factor, impacting performance and holding back organizations from improving

Supply and Demand 68

Supply and Demand Supply Chain Planning Software Supply Chain Planning Scenario Planning 68

NC State SCRC

JULY 23, 2017

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different. The supply chain function impacts a company’s financial performance through improved operations in several areas of the business.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Price Reduction 66

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CHAINalytics

JULY 27, 2017

By Bryan Wyatt | Senior Manager, Transportation | Chainalytics | Is your operation structured to ensure the next link in the supply chain is more efficient than the last?> It’s common knowledge that every company is a link in a much longer supply chain, merely one stop in a longer journey. However, companies often focus … The post Building a Stronger Supply Chain Through Collaboration appeared first on Chainalytics.

Supply Chain 60

Supply Chain Supply and Demand Transportation Company 60

BlueYonder

JULY 25, 2017

Over the past 30 years, the 3PL industry has gone through tremendous transformation. The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies. On the other hand, commoditization, mega consolidations, workforce shortage, rising omni-channel expectations and aggressive expansion of products and services influenced by Amazon a

Third Party Logistics 63

Third Party Logistics Modeling 3PL Modeling Software 63

Elementum

JULY 28, 2017

We apologize to be the bearer of bad news to all butter-lovers out there, but there seems to be a shortage of your favorite dairy, which will effect not just Europe, but the rest of the world. Peter Tuborgh, chief-executive of a huge farmer-owned dairy company and considered the largest United Kingdom milk buyer, Arla Foods, just released a statement saying that a shortage of butter and cream before the 2017 holiday season is predicted in the UK.

Supply Chain Planning 60

Supply Chain Planning Modeling Supply Chain Supply and Demand 60