Sat.Feb 22, 2020 - Fri.Feb 28, 2020

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In Pursuit of the Cognitive Supply Chain

Enterra Insights

In many digital transformation-focused discussions, the “enterprise” and the “supply chain” are separate conversations. Separating the discussions is a mistake. Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[1] In other words, the enterprise and its supply chain must transform in lockstep.

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Achieving your TMS investment goals means leaving the “happy path”

CHAINalytics

Transportation Management Systems (TMS) can be transformative tools. If correctly selected and implemented properly, a TMS can deliver 5% to 10% a year in freight savings and related efficiencies, according to many estimates. That’s the exciting part. The not-as-exciting, though essential, part comes in deciding how to develop and implement such a system.

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

Remember the Peter, Paul and Mary song, Puff the Magic Dragon ? It was a song from my youth. While there is a raging debate on song intent— Was the goal of the song to celebrate a children’s story from Oliver Wilde about the loss of innocence or is it a statement about the use of drugs? —in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee.

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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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Forecast Accuracy at the SKU Level is Achievable

Logility

Over my 25+ year supply chain career I have worked for several distribution-intensive companies and every single one of them had a focus on improving forecast accuracy. Achieving a high SKU level forecast accuracy is a top goal for supply chain planning teams regardless of industry, size, location, etc. It’s no secret that an improvement in forecast accuracy, especially at the SKU level, can have a significant impact in reducing downstream supply chain costs and improving customer service levels

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What is Supplier Relationship Management (SRM)?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Regardless of what industry your company is in you are dependent on suppliers to operate your company. Thus it makes sense to have a Supplier Relationship Management program. Suppliers provide components for products you manufacture and sell.

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The Evolution of a Supply Chain Planning Support Team

DynaSys

From a small local player …. When I joined “DynaSys SA”, 16 years ago, the company was an independent French provider of Supply Chain software. Everything was done locally at that time: R&D, Sales Rep, Project Management team, and Executives were in the same building. For any question, you just had, in the worst case, to climb two floors up to ask it directly to the right person.

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Supply Chain professionals with the right skills

Prophetic Technology

The potential Supply Chain ( SC ) professional will need to acquire the essential skills of tomorrow, so greatly differing from today; the skills focusing on the SC, in particular, are recognised to be crucial for a better-functioning of the SC professional of the future.

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Supply Chain Productivity: The Role of Employee Engagement

GlobalTranz

Whether you operate as a small local supply chain or work with international partners and investors, engaging your employees on a more personal level can drastically improve your bottom line going forward. According to Forbes, highly engaged teams exhibit 21% greater profitability, with a 41% reduction in absences and 59% less turnover, improving not only.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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FedEx and Freightos – Improving Digital Freight Together

Freightos

About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Clearing customs is a painful process – the U.S. Customs and Border Protection has about 30,000 different product classifications, as do other countries – and customs classifications can be subtle. .

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A Manufacturer’s Guide to E-Commerce Fulfillment Excellence

Talking Logistics

There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?

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Editor’s Choice: Retailers Vaccinate Supply Chains Against Coronavirus

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Coronavirus, and the supply chain impact are being felt worldwide. As my colleague Steve Banker and I wrote about last week, coronavirus is leaving its mark on the global high tech supply chain as well as the automotive and pharmaceutical supply chains.

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11 Inventory Management Best Practices & the Role of Technology

GlobalTranz

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1.

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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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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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How to Choose the Right 3PL TMS Software for Your Business

3GTMS

Today’s shippers expect higher levels of shipping visibility, efficiency and response times from 3PLs, which is leading these LSPs to migrate to new technology. Learn more. The post How to Choose the Right 3PL TMS Software for Your Business appeared first on 3GTMS.

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Closing the Gap Between Planning and Execution

Logistics Viewpoints

Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area. The post Closing the Gap Between Planning and Execution appeared first on Logistics Viewpoints.

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Carrier Management 2020 Trends: The Year of Tech-Driven Collaboration

GlobalTranz

Carrier management 2020 trends range from the need to leverage data through the ability to work together and save money. As reported by FreightWaves, collaboration allows businesses to remove excess costs from the enterprise. Robert Garner, vice president of supply chain for Republic Plastics, a privately held company that produces disposable tableware for private labels,read More.

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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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Manufacturing ERP Plays a Key Role for Sustainability

QAD

Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts. As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. Other recent examples include Mercedes-Benz’s pilot project for using blockchain to track CO2 emissions and Perrier’s program winners for developing sustainable and circular pack

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Is the industrialized world overly dependent on sourcing from Chinese?

All Things Supply Chain

As Sophie Kersgens wrote for ATSC earlier this month, “As the world’s leading exporter and one of the fastest growing economies, China is a decisive business factor for companies all…

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Optimization and Central Planning: Compass or Advanced Navigation

Arkieva

Two ongoing questions are: (1) when an organization migrates from an Excel-based central/supply/master plan is it best to go to a rule-based method or an optimization-based method and (2) is optimization a compass that identifies true north or is it an advanced navigation system. This blog outlines my view and alternative views on each question. Optimization and Central Planning: Compass or Advanced Navigation was first posted on February 26, 2020 at 8:07 am. ©2017 " Supply Chain Link B

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Freight Pricing 2020 Trends: What Should Shippers Know?

GlobalTranz

Freight pricing continues to change across the globe. According to Darren Dodson of Material Handling & Logistics, the state of e-commerce will drive the majority of freight rate changes as more than 8.6 billion packages will make their way to U.S. customers in 2020. Traditional demands of the supply chain market, including increased visibility, better.read More.

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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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Science Fiction and Logistics

Enterra Insights

Works of science fiction have long envisioned a number of artificial intelligence (AI) driven technologies. At this year’s CES in Las Vegas, Michael Bolle, Bosch’s chief technical and chief digital officer, stated, “Artificial intelligence is not science fiction anymore — it’s already an integral part of our daily lives. It’s fundamentally changing how we drive, how we work, how we learn, how we shop, how we travel.”[1] Josh Fisher ( @TrucksAtWork ), Technology Editor at FleetO

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Turning supply chain events into an experience

Supply Chain Movement

We’re living in the ‘Experience Economy’ nowadays. Shops can only survive if they offer an experience; consumers go online if all they want is convenience. For example, Siemens has opened a ‘house of inspiration’ in the Netherlands where potential customers can try out kitchen appliances before they buy. So why are most supply chain conferences still so terribly dull?

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Old and New in Supply Chain Planning

Adexa

In recent years there has been a major shift in paradigm in supply chain planning solutions through the use of AI and Machine learning as well as availability of data and fats processors. Here is a summary. For more information click on the interested NEW item below. OLD. Response Planning. Single Data Model. S&OP. Manual Planning. Bucketed Capacities.

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What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? You must surely know the story of Goldilocks and the Three Bears? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle of having something that is not too hot and not too cold has been used for everything from the search for habitable Earth-like planets to inventory management, and of course, the perfect porridge temperature.

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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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Bringing Digital Inside the Grocery Store

Enterra Insights

Recently, a few grocery chains have declared bankruptcy or sold off store locations. Like other economic sectors, the grocery sector is not immune to changes in the Digital Age. A few years ago, Chris Morley ( @ChrisMorley_ ), President of Nielsen’s largest market (i.e., packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse.

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Third Annual GLOBE Awards Honor Excellence in Transportation Logistics

Supply Chain Collaborator

Awards Program Sponsored by UltraShipTMS Honors Transportation Excellence at Altria, Perdue Farms and KeHE Distributors. February 24, 2020 – Fair Lawn, NJ – Its time again for the annual GLOBE Awards program, recognizing excellence in the utilization and promotion of leading-edge technologies supporting effective transportation planning, execution and management. .

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Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer

CHAINalytics

Chainalytics helped a global food manufacturer optimise its inventory levels for a number of SKUs in India and China resulting in reduced working capital requirements and less product waste. Since food and beverage products have a short shelf life, there’s a big upside to getting inventory levels just right. So when our client, a Fortune … The post Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer appeared first on Chainalytics.