Sat.May 04, 2019 - Fri.May 10, 2019

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When Is the Right Time for RPA?

TrackVia

The first time I heard the term RPA (Robotic Process Automation) , I thought it was talking about actual robots moving actual things on a manufacturing line or warehouse. To be honest, I was a little disappointed when I found out it had to do with automating manual tasks and recording mouse movements and keystrokes. I want Rosie the Robot from The Jetsons!

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Establishing Minimum Order Quantities Adds Up to Big Supply Chain Savings

Zipline Logistics

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Improving Warehouse Productivity Part 1: Achieving Scalability to 1 M+ Order Throughput With Data & Technology

Veridian Solutions

The e-commerce revolution, omnichannel, personalized services and products, SKU proliferation, the Amazon Effect, and many other factors influence throughput in your warehouse. Throughput inefficiencies lead to decreased customer service and reduced profitability. Thus, the best way to avoid these risks and grow your company lies within increased throughput.

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The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

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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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S&OP – 13 Years On, What Have We Learned and What Has Changed?

AIMMS

In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ? C ould the majority of the benefit s be achieved by first focusing on establishing good supply chain pl anning ?

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How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain

GlobalTranz

Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. Unfortunately, many in the industry still uses the terms procurement and inbound logistics interchangeably, but procurement involves much more than merely managing the logistics of moving products from vendors and suppliers to your building.read More.

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Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019

ivalua

“We have this long-term strategy of building a very big company with a fantastic product that we can offer to the market. And this is our vision,” . Ivalua CEO David Khuat-Duy on Tuesday kicked off Ivalua NOW 2019 Chicago, at the Renaissance Chicago Downtown Hotel and welcomed hundreds of customers, prospects and partners. The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science t

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S&OP – 13 Years On, What Have We Learned and What Has Changed?

AIMMS

In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ? C ould the majority of the benefit s be achieved by first focusing on establishing good supply chain pl anning ?

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Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results. Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up.

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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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What Is Demand Sensing and Why Supply Chain Executives Need to Know More

GlobalTranz

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing. However, what is demand sensing? In its most basic sense, it’s about.read More.

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A Look at Direct v. Indirect Supplier Management in Three Industries

ivalua

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Whether spend is direct or indirect, supplier information should be maintained centrally and with a high level of accuracy.

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The Digital Supply Chain Transformation

SCM Research

“Accelerating technology and automation are resulting in wholesale transformation of the supply chain profession.” This is the key message of EY’s new report, titled Supply Chain: Skills for the Digital Era. It is not long, but definitely a good read. The report states that “[p]rocesses with repeatable elements such as planning, monitoring and forecasting can all be automated and enhanced by robotics, artificial intelligence and advanced analytics” The authors obser

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Have You Missed the Most Valuable Aspect of Your Transportation Management System (TMS)?

Talking Logistics

Transportation cost savings is usually cited as the number one reason companies invest in a transportation management system (TMS), but does the value go beyond that? When it comes to getting the most value from a TMS, what can we learn from leaders in the industry? Those are the main questions I discussed with Chris Jones, Executive Vice President, Marketing and Services at Descartes Systems Group , during a recent episode of Talking Logistics.

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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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Blockchain and the Future of Business

Enterra Insights

Blockchain is an enigma. The technology can simplify business transactions but it can also be difficult to use. “There’s no question that blockchain technology has enormous potential,” writes Preethi Kasireddy ( @iam_preethi ), Founder and CEO of TruStory. “Decentralized exchanges, prediction markets, and asset management platforms are just a few of the exciting applications being explored by blockchain developers.”[1] Unfortunately, whenever someone uses the word “

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Dropshipping Is Helping to Meet eCommerce Demands

Material Handling & Logistics

A new study from the Center for Supply Chain Research at Lehigh University shows that retailers are expanding their virtual inventory without incurring additional carrying and fulfillment costs by utilizing dropship programs

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Why is Blockchain the Next Big Thing in Supply Chain Innovation?

AFFLINK

For the past few years, blockchain technology has been hitting the news regularly, being implemented in everything from real estate transactions to the financial sector. Blockchain technology has evolved since making technological roots in cryptocurrency. It's a revolutionary method of digital record keeping. Blockchain is well on its way to be the next big thing in supply chain innovation.

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Is Your Supply Chain Ready for Industry 4.0?

Arkieva

From the move from centralization to decentralization, a cobot world, and smart factories, Industry 4.0 is here and it’s happening fast. Are you ready? Is Your Supply Chain Ready for Industry 4.0? was first posted on May 10, 2019 at 8:28 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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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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Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

In professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball. Once the quarterback’s knee touches the ground and referees blow their whistles, onrushing opponents must stop their onslaught. There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face.

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Global Sourcing and Improving Supply Chain Visibility

Supply Chain 24/7

When comparing today's retail environment with the past, it isn't surprising that the industry remains focused on improving visibility in the supply chain (again).

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4 Key Differences Between B2B and B2C Supply Chains You Need to Know

Unleashed

Business relationships for the sale of goods and services can be split up into two broad categories: business to business (B2B), and business to consumer (B2C). B2B products and services are sold from one business to another business, and in B2C, the products are sold from a business to the end user. As a result, the supply chains of these two types of business relationships have several important differences and therefore understanding the implications of each can foster growth and improvement.

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Is Your Supply Chain Customer-Centric?

DynaSys

Successful salespeople tend to sign contracts without worrying about the logistical aspects affected by the conditions of the contract, which is a thorn in the foot for logistics who must comply with the terms of the contract. You have probably had a similar experience to this in your company. This is where Supply Chain comes into the picture. Customer service is not just the business of sales and marketing, meaning the supply chain has an important role to play.

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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 Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Banking is a unique industry in many respects. It’s one of the most profitable, but also one of the most competitive. Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. But there’s another aspect, often overlooked, that sets the banking industry apart.

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How Blockchain Will Transform the Modern Supply Chain

Supply Chain 24/7

This ebook describes how blockchain has the power to bring transparency and accountability to even the most complex supply chains, and why it is poised to transform the way suppliers, retailers, and consumers interact with one another and their goods.

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Best Practice Inventory Control Techniques for Online Retailers

Unleashed

Successful inventory control enables retailers to meet customer demand by avoiding stockouts and reducing the risk of overstocking to free-up cashflow. It is crucial in the world of eCommerce, for even the smallest online retailer to have effective inventory control. Following are best practice inventory control techniques to help online retailers maintain control over their stock: ABC analysis.

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Case Study: People and Processes Drive Supply Chain Improvements at Honeywell

TMC

If you have a global supply chain, you likely use technology to help manage and optimize this complex area of your business. While there have been significant advancements in logistics technology, those tools can only go so far in advancing your supply chain. In order to truly maximize the capabilities of supply chain technology, you need to first have the right talent, processes, and data governance in place.

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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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Tomorrow's CEOs Will Come from an Unlikely Place: The Supply Chain

Elementum

We live in a world in which customers are no longer impressed by two-day delivery. In fact, it’s now the longest customers are willing to wait. This “Amazon effect” has reset the bar for operational execution, and business leaders must now perfect how they get products to the right place at the right time or risk losing their customers to faster competitors.

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Five Simple Steps to Design a New Warehouse

CHAINalytics

“We shape our buildings; thereafter they shape us.” Everytime we come across a poorly run warehouse, we’re reminded of Winston Churchill’s famous quote above. Warehouse design is a science and can be challenging (something we covered closely in our last blog) and those who believe otherwise end up complaining about their warehouses. Factors they identify … The post Five Simple Steps to Design a New Warehouse appeared first on Chainalytics.

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Warehousing News Roundup: May 6, 2019

Stord

Ocean freight volumes surged in the first quarter and the overall growth rate in global container trade is expected to rise from 4% in 2018 to 4.8% this year. Increased demand in January-March, partially driven by trade between Europe and North America, came as a surprise to many carriers. Nestlé announced that it has met 77% of its zero-deforestation goal in its agricultural commodities supply chain.