Sat.Jul 22, 2017 - Fri.Jul 28, 2017

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A Path Towards IoT Enabled Service Parts Planning

ToolsGroup

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

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The Digital Supply Chain: How Are Supply Chain Managers Responding?

GlobalTranz

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.

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On-Time In-Full (OTIF) and the Growing Demand for Real-Time Freight Visibility

Talking Logistics

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.

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Chasing perfection is killing your supply chain

Kinaxis

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?

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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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SCI IMPACT! vs. the Beer Game

Supply Chain Insights

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.

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Is Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

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.

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Amazon Acquiring Whole Foods: A Wakeup Call for the Grocery Industry?

Talking Logistics

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.

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Upheaval in Retail Changes the Scene for Suppliers

Elementum

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.

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What Should an LTL Transportation Management System Do for Me as a Shipper?

GlobalTranz

“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

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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 Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

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.

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This Week in Logistics News (July 24-28, 2017)

Talking Logistics

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.

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Think Differently. Drive New Outcomes. Let Us Help You Build A Guiding Coalition.

Supply Chain Insights

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.

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Shipping Technology: Non-Tech Savvy Shippers Lose Advantage Over Time?

GlobalTranz

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.

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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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Is Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

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.

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Time to Take Part in the Digital Enterprise Revolution

Enterra Insights

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.

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We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found.

Arkieva

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

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How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

CHAINalytics

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?

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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3 Reasons to Walk Away From Your Current Supply Chain Model

Supply Chain 24/7

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.

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Number One Risk for Manufacturers Is Supply Chain Disruption

Material Handling & Logistics

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

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Supply chain mapping meets blockchain tracking: Provenance partners with Sourcemap to power end-to-end, robust traceability for consumer goods

Sourcemap

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.

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What “Shark Week” Has in Common with Supply Chain Logistics

Supply Chain Collaborator

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

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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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How Hong Kong is Enhancing its Sustainability Efforts

EcoVadis

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.

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Change, it keeps on coming…

BlueYonder

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.

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Why an Integrated Business Planning Process Cannot Be Effectively Managed Using ERP and Spreadsheets

E2open

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

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The Supply Chain Team’s Impact on Capital Projects

NC State SCRC

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.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Building a Stronger Supply Chain Through Collaboration

CHAINalytics

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.

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Redefining the Model for Third Party Logistics (3PL) Innovation

BlueYonder

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

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Butter Prices Jolt Supply Chain

Elementum

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.