Sat.May 16, 2020 - Fri.May 22, 2020

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What is Supplier Relationship Management?

TradeGecko

What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of identifying the suppliers that are critical to a business and implementing a system of managing relationships with those key suppliers. As supply chains become more complicated, the need to develop clear, measurable ways to evaluate how every supplier either contributes to or detracts from the success of a business is more important than ever before.

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Recession-Proof Businesses and Products: Staying Afloat During Economic Downturn

ShipBob

Recessions bring hard times. It’s painful to think back to the last recession and financial crisis, which wasn’t that long ago, with all of the damage it caused. Now, we’re on the verge of another recession. The COVID-19 pandemic has caused a worldwide economic downturn practically overnight, causing small businesses and established companies to be at risk of shutting down, even permanently.

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Re-skilling the Workforce – After COVID/Before COVID

SYSPRO Smarter ERP

We all know that the world is going through a major change that will lead to us running our lives differently than we did BC (Before COVID). What some businesses are beginning to realize though is that their workforce will need to learn new skills AC/DC (After COVID/During COVID). There’s an old joke: A CFO says […]. The post Re-skilling the Workforce – After COVID/Before COVID appeared first on SYSPRO US.

DC 59
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Machine Vision system (the eye of the machine)

Prophetic Technology

How does Machine Vision work? Software and hardware combined work to make MV systems possible. The purpose of all its capabilities is to grant machines the power of vision aiming to imitate human sight. But devices need to go through the process of acquiring, analysing and understanding images.

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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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Technologies for Cost Management in eCommerce Retailing

Vinculum

eCommerce has emerged to be the backbone of global retailing in the past decade and eCommerce sales have reached a booming $2.3 trillion, worldwide. From global giants to single-store owners, retailers prefer eCommerce as a leading sales channel to reach out to their customers and increase sales. At this perspective, cost management remains an important matter of concern to stay ahead in the competition and to remain successful in the eCommerce arena. eCommerce being a technology-backed way of s

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Keeping Supply Chain Running in the Rapidly Changing Conditions

Vinculum

Several brands are facing difficulty in putting forth their opinions about the current supply chain scenario. The reason particularly not being able to take part in the change. COVID-19 situation is now stabilizing very slowly; people have started businesses now. Are we ready to deal with the changes upcoming in the demand-supply chain? Let’s start by tracing back to January 2020 and understand something; despite trying to contain the spread of the virus, what went wrong?

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4 FAQs About Multienterprise Supply Chain Business Networks

MPO Multi Party Orchestration

Gartner recently released the 2020 Magic Quadrant for Multienterprise Supply Chain Business Networks (MESCBN). According to Gartner, “MESCBNs are an essential technology component to a successful digital transformation.” While this is undoubtedly true, businesses rarely say “I need a MESCBN solution.” Instead, they address pain points, such as a lack of visibility or inability to swiftly resolve exceptions.

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How Promotions Planning Software Enables Collaboration That Pays Off

ToolsGroup

Promotions planning is challenging, but promotions planning software can help alleviate some of the common pain points companies face when they try to improve their forecast accuracy and increase promotions generated revenue. After spending half my career in marketing and the other half in supply chain, there’s one thing I know for certain: marketing and supply chain don’t speak the same language.

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10 Most Effective Tips for Optimizing Your Supply Chain

GlobalTranz

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. With so many stakeholders involved in the process, only a comprehensive supply chain management plan can help you improve business results in the long run. It’s not a feat you can achieve with only one major tool.read More.

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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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Digital Transformation in the Supply Chain

Logistics Viewpoints

Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.

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Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. In the current scenario, it became clear the perception of the links in the chain and the supply of products often have a long way to go before reaching the customer or consumer.

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The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels

The Network Effect

The post The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels appeared first on The Network Effect.

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Final Mile Differentiation: M&As to Increase Demand for Better Last Mile Service

GlobalTranz

Organizations across the globe continue to rethink their supply chain strategies, and as a result, more mergers and acquisitions are reshaping the way in which supply chains handle final mile logistics. For some, an acquisition offers the opportunity to enter the final mile space and deliver more e-commerce packages, but others may experience losses in.read More.

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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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This Week in Logistics News (May 16 – 22)

Logistics Viewpoints

This Monday is an important day. It is Memorial Day, a US federal holiday to honor and mourn the military personnel who have died while serving in the Armed Forces. But that is not the only important thing happening on Monday. It is also my birthday. And while this is exciting, there is still one more important thing happening. On Monday, May 25, 2020, as the Massachusetts economy opens in its multi-phase plan, barber shops […].

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Above the Fold: Supply Chain Logistics News (May 22, 2020)

Talking Logistics

Citigroup Chief Executive Michael Corbat told employees they can take an extra day off this Friday (today) after working “harder than ever” in response to the coronavirus pandemic. Cisco told its 75,000 employees to take today off too to recharge after weeks of working remotely amid the COVID-19 crisis. I’m taking (most of) today off. Read more Above the Fold: Supply Chain Logistics News (May 22, 2020).

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Upgrading to One Integrated Suite for all Logistics Operations with Naval Sabharwal

The Logistics of Logistics

Naval Sabharwal and Joe Lynch discuss why using one integrated suite for all logistics operations is the best approach for driving logistics and supply chain efficiency and effectiveness. Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable.

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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year.

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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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5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

While most people are homebound during the COVID-19 situation, many are still on the frontlines. Essential workers don’t just include hospital staff. This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. These individuals are ultimately helping to turn the tide in the global pandemic. Doing more with less is more critical in manufacturing than ever.

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Impact of COVID-19: Insights from Indago Supply Chain Members

Talking Logistics

This time of the year, I’m usually on the road delivering keynote presentations at industry conferences. But with all in-person events cancelled due to the coronavirus pandemic, I am at home like everybody else. COVID-19, however, has not cancelled the need for supply chain and logistics professionals to stay informed of industry trends, and for. Read more Impact of COVID-19: Insights from Indago Supply Chain Members.

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BD’s Control Tower Implementation

Logistics Viewpoints

What BD's Control Tower can do seems almost magical. But the control tower's capabilities are a result of the technology and the implementation design. This article describes the design and implementation of BD's control tower. The post BD’s Control Tower Implementation appeared first on Logistics Viewpoints.

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Transportation of Goods in a Changed World

Kuebix

The Covid-19 pandemic has altered every aspect of both small and large businesses for the foreseeable future. Supply chains throughout the country are adapting to changes in demand and new rules and regulations. Manufacturers, suppliers and truck drivers are adjusting to changes posed by Covid-19 every day. How Truck Drivers are Operating in an Economy […].

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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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ToolsGroup Launches AI-Powered Promotions Planning

ToolsGroup

Promo Planning software reduces risk and helps improve performance of CPG and retail promotions BOSTON (May 21, 2020) ToolsGroup, a global leader in supply chain planning software, today announced the launch of its promotion planning software, Promo Planning, which simplifies and streamlines promotion optimization for retail and consumer products (CPG) companies.

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Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of th

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COVID-19 & SCM – Importance of Operations Management to Overcome the Limitations of Data-Driven

Arkieva

An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge.

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Contact Tracing in Supply Chain Operations

Talking Logistics

Does your warehouse management system (WMS) have contact tracing capabilities? It’s a question that will likely appear in vendor inquiries moving forward, not just for WMS applications but also manufacturing, packaging, retail, construction, and other enterprise software systems. What is contact tracing? The Centers for Disease Control (CDC) provides several core principles, including: In contact.

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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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It's Time to Reconsider the Math on Rare Earth Elements

Supply Chain Brain

Rare earth elements are key to U.S. supply-chain independence, and have earned their place in the national agenda.

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Securing the First, Middle and Last Mile with Andrew Kelley

The Logistics of Logistics

Securing the First, Middle and Last Mile with Andrew Kelley. Andrew Kelley and Joe Lynch discuss securing the first, middle and last mile. As supply chains evolve, the need for secure asset transfer increases for both consumers and business to business applications. About Andrew Kelley. Andrew Kelley is the Chief Commercial Officer at BoxLock is an experienced technology executive and entrepreneur with over 20 years of experience in supply chain, logistics, SaaS, software, and technology-enabled

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Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura

ivalua

This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.