Sat.Nov 02, 2019 - Fri.Nov 08, 2019

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Escaping the supply chain Catch-22: customer service vs. rising costs

Alloy

Retail supply chains catching up to Amazon. Competition to make and distribute consumer goods is at an all time high. Despite cries of a retail apocalypse, retailers like Walmart, Costco, and Target are all outperforming Amazon in the stock market this year. By competing with Amazon on convenience and leveraging the competitive advantage of their physical presence and human touch, these organizations are reinventing the importance of physical retail as we prepare to enter 2020.

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Backing into Safety Stock is the Safe Play

The Smart Software

Safety stock is a critical component in any system of inventory management. Indeed, some inventory software treats safety stock as the key decision variable in the quest to balance inventory cost against item availability. Unfortunately, that approach is not the best way to strike the balance. The post Backing into Safety Stock is the Safe Play appeared first on Smart Software.

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What Is Predictive Analytics and Who Is Winning With It

River Logic

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The Go-To List of Ways to Improve Inventory Management

GlobalTranz

Today’s warehouse managers need better inventory management strategies. Shareholders want to increase profitability. Customers wish for better customer service. Amazon wants to take over the world. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Supply chain leaders should follow these key strategies for.read More.

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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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Concurrent planning, technically speaking

Kinaxis

by Justin King Editor’s Note: The original version of this article appeared in the eBook, Thinking Differently About Supply Chain Planning: The Case for Concurrency. Pause for a moment to think about what the world’s supply chains are tasked with on a daily basis and how much they achieve. It’s staggering. Now factor in the platforms, processes, and procedures upon which many of the world’s critical supply chains are built and it quickly becomes clear that the day will come that they can no long

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The Path to Sustainability Begins with Visibility

Logistics Viewpoints

The largest source of carbon dioxide emissions in the United States currently comes from transportation, surpassing electricity emissions in 2017 for the first time since 1978. Precisely because of these daunting figures, the vast majority of the world’s largest companies are adopting initiatives to reduce greenhouse gas (GHG) emissions in their supply chains, and adopting environmentally friendly policies across their business.

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Technology Must-Haves For Logistics and Supply Chain Businesses in 2020

GlobalTranz

Logistics and supply chain businesses have never been in so much need for change and upgrade, as they are now, and this is only because of the growth of e-commerce and other digital delivery businesses. Online delivery apps and online shopping apps provide things from a safety pin to heavy machinery, from ice-cream to home.read More. The post Technology Must-Haves For Logistics and Supply Chain Businesses in 2020 appeared first on Transportation Management Company | Cerasis.

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Event recap: Inaugural Gartner Supply Chain Planning Summit a mile high hit

Kinaxis

by Jay Muelhoefer. In November 2019, the inaugural Gartner Supply Chain Planning Summit took place in the mile high city, Denver, CO. This article is a summary of the event and how it fits into the Gartner supply chain event portfolio. I hope it will help you decide which events to attend in 2020 and beyond. [Disclosure – Kinaxis was a premier sponsor of the event.].

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Above the Fold: Supply Chain Logistics News (November 8, 2019)

Talking Logistics

This week we completed our 27th Indago survey since launching in April. This week’s question: What impact do you foresee (or are already experiencing) on ocean rates heading into 2020 as a result of the new IMO 2020 emissions standards? Our members will receive the results of the survey later today. Haven’t joined yet? We. Read more Above the Fold: Supply Chain Logistics News (November 8, 2019).

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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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This Week in Logistics News (November 2 – 8)

Logistics Viewpoints

Over the years, rats have shown an ability to navigate a maze in search of food. Well, it turns out that rats are becoming a bit more sophisticated. Recently, a group of rats at the University of Richmond in Virginia have mastered the ability to drive miniature cars to collect food. For the experiment, the rats were given custom-made vehicles, which were constructed out of a plastic food container with an aluminum floor and a […].

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Reweigh & Reclassify: How Freight Bill Auditing Saves Money

GlobalTranz

Modern supply chains are under increasing pressure to cut costs and improve customer service levels. Traditional linear supply chains were relatively simple in execution: moving products from the manufacturer to end-user. Now, supply chains are increasingly complex, reflecting a circular supply chain, bending at countless angles, and meeting the demands of omnichannel and e-commerce.

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Expanded RapidResponse capabilities are here!

Kinaxis

by Alexa Cheater Ask more of your planning platform. Kinaxis® has expanded its RapidResponse® platform. Now you can leverage the power of the world’s only concurrent planning platform to create custom planning applications, and extend the functionality of any planning application (custom or existing) running on RapidResponse with the ability to build your own embedded algorithms or connect external ones.

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Ivalua Announces New Innovations for Managing Direct Materials Spend

ivalua

Enhancements enable manufacturers to launch more profitable, successful products. Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. The new capabilities are available now as part of Ivalua’s latest platform release.

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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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Land O’Lakes Combats Supply Chain Variability with Visibility

Logistics Viewpoints

Land O'Lakes implemented a supply chain real-time visibility to improve their supply chain. Visibility and velocity are key to combating the natural variability that occurs in all supply chains. Once the solution was implemented, customer service has improved. Now Land O'Lakes is looking to use the network visibility to improve colalboration with key partners.

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[PODCAST] The Digitization of Freight: Where are We?

GlobalTranz

Listen to “The Digitization of Freight: Where are We?” on Spreaker. Articles Referenced in Podcast to Read Why digital freight brokers might fail to disrupt the freight brokerage industry, By Brian Aoaeh on FreightWaves Digital freight brokerage: a crowded field that could have many winners, by Emma Cosgrove on Supply Chain Dive The Key to.read More.

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We’re going live at the Gartner Supply Chain Planning Summit in Denver

Kinaxis

by Danielle McNeil Taylor This week our team lands in Denver to participate in the first Gartner Supply Chain Planning Summit from Nov. 4-5. The goal of the Summit is to provide actionable insights and strategic guidance on how companies can improve planning agility to balance customers’ expectations and business goals. Our team is excited to be part of this inaugural event to showcase our latest innovations that combine the power of human and machine intelligence to drive more supply chain visi

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The Supply Chain is “Going to the Chapel” with the Internet of Things

Enterra Insights

In the mid-1960s, the Dixie Cups released their hit tune “Chapel of Love” and accomplished the unthinkable — they dislodged a Beatles hit from the top of the Billboard Chart. The opening lyrics to that song are: Goin’ to the chapel and we’re gonna get married. Goin’ to the chapel and we’re gonna get married. Gee, I really love you.

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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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SICPA’s “S&OP & Collaborative Planning” Workshop

DynaSys

On October 1st, QAD DynaSys was honored to be able to host SICPA’s “S&OP & Collaborative Planning” workshop in Lausanne, Switzerland. Our goal was to bring together an exclusive group of industry executives and users of QAD DynaSys’ Demand & Supply Chain Planning solutions to discuss common issues surrounding the S&OP and collaborative planning processes.

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Making the Small Town Leap

BlueYonder

Laura Centofonti is a senior customer executive at JDA who never imagined she would work in sales. From a start in public relations, she found connecting with customers and helping solve their pain points was what she was most interested in. Combined with an early career in restaurant customer service, she’s struck the right balance of customer satisfaction and success that has kept her motivated and successful.

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How Modern Innovations Are Redefining Vendor Managed Inventory

Softeon

Supply chain management is all about tracking goods as they move through an intricate process. One of the key stops in that process is through vendor warehouses or distribution centers. You aren’t in control of the whole supply chain at every moment, so you need a means to keep a close eye on things moving through vendor nodes. That’s what vendor managed inventory (VMI) is all about.

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Supply Chain-Enhanced Customer Experience

Enterra Insights

Although the connection between great customer experience and a world-class supply chain is obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.” According to Phil Britt ( @Phil_Britt ), supply chain professionals are among the few people who regularly make the connection between customer service and the supply chain.

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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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Supply Chain Scores High on Sustainability but Low on Labor Issues

Material Handling & Logistics

In a CSR ranking sustainability remained consistent over the past three years, but the majority of companies still have no measures in place to promote equality and inclusive working environments.

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Is Blockchain a Perfect Fit for the Supply Chain?

Supply Chain Brain

Is blockchain technology a natural fit for the supply chain? Or is it just “a solution looking for a problem”?

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Ship This Way: Finding cost-effective carriers with freight market intelligence

CHAINalytics

Shippers live in a world wrought with uncertainty. You never know for sure if a preferred carrier will be available to transport any particular load at a given time or what the spot market might look like if you find yourself turning to it. That’s why so many shippers employ transportation management systems (TMS) to … The post Ship This Way: Finding cost-effective carriers with freight market intelligence appeared first on Chainalytics.

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Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

As I noted in Part 1 of this article, analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. In order for that to happen, both supply chains and consumer habits must significantly change. Steven Steutermann, managing vice president in the Gartner supply chain practice, states, “To turn around a supply chain system, 10 years is not a long time.

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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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What is Vendor Managed Inventory? How to Make VMI Work

My Office Apps

What is Vendor Managed Inventory? How to Make VMI Work. Looking to streamline your supply chain and reduce inventory costs? You might want to look into Vendor-Managed Inventory (VMI). A VMI software might be the solution – as long as you know the best practices to make it work. So, what is VMI, and what is the impact on your business? Vendor Managed Inventory is a business arrangement where the vendor of a product takes responsibility for making sure the buyer has the agreed inventory.

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Overcoming Obstacles to Supply-Chain Collaboration

Supply Chain Brain

As companies seek to derive the benefits of supply-chain collaboration, it’s time to replace a culture of distrust with something better.

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3 Ways to Improve Warehouse Inefficiencies and Boost Productivity

EMERGE App

Introduction. A disorganized warehouse doesn’t just look bad to the eyes instead, it becomes more of a liability to an organization. The warehouse is the central hub from which any trading and distribution business deliver goods, so it’s essential to deal with warehouse inefficiencies. However, increasing warehouse’s efficiency is much easier with the advancement in technology and movements such as globalization.