Sat.Jul 25, 2020 - Fri.Jul 31, 2020

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Who’s Using Blockchain in 2020, and How?

Logistics Bureau

While there is still some question as to whether blockchain technology can live up to the hype it has generated, it is making inroads into the supply chain environment. The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations.

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5 Steps for Optimizing Waste Management at Your Warehouse

IT Supply Chain

By Erich Lawson (pictured) Online Marketing Manager of Compactor Management Company

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Budget Planning 2021: 5 Supply Chain Recommendations

Talking Logistics

The effects of COVID-19 on North American business are creating supply chain challenges into the second half of 2020. The ability for organizations to respond to these challenges will determine the strategies required to maintain profitable performance in 2021. Although some businesses relying on high contact and large crowds will succumb to bankruptcy, others have.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Today, anyone can start an online retailing business from any part of the world and ensure their products are delivered to customers efficiently by using a third-party logistics company.

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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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Challenges facing the Financial Services sector

Proxima

Today, economists are reporting we may be facing another global economic crisis. In many ways, the financial services sector continues to show resiliency and has contributed greatly to mitigating the pandemic-caused recession, ensuring the world could transact despite the lockdown. However, the financial services sector is not out of the woods yet and firms that proactively manage future supply chain challenges will outperform their peers.

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Why IoT and Quality Will Be Critical to Medical Device Development

Arena Solutions

Around the world, medical professionals risked their health to provide care for COVID-19 patients. Social distancing became a key measure to keep healthcare workers and their patients safe. Telehealth and remote care increased and became a more accepted practice. The caveat being that most medical devices do not allow for remote access to gather needed data or to make care adjustments.

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Tips to Keep Your Digital Planning Transformation on Track at Every Stage of the Journey

ToolsGroup

The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supply chain transformations that for some may have been languishing in early stages. Walmart’s senior vice president of supply chain, product and engineering recently commented that the events of 2020 have “forced us to innovate at a speed that I had not seen before”.¹ The more complete end-to-end data and improved supply chain visibility that come with digit

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A break with tradition now inevitable in warehousing

SnapFulfil

Brick-and-mortar retail outlets have been decimated during lockdown and the ensuing chaos has traveled swiftly up the supply chain – especially with the many challenges of bulk-shipped goods entering a distribution network for further dispersal to individual locations.

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Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale.

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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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Lean without Limits!

DELMIA Quintiq

There are many paths to achieving organization goals. Whether goals are revenue or sustainability, a major contributing ability is operational efficiency; the ability to make continuous improvements towards Lean processes. Making the journey towards being Lean involves using one of most important resources in the world – people! Although machines and material are components in Lean operations, the human element primarily drives improvements within organizations.

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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO

GlobalTranz

[link] An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. In fact, 78% of U.S. individuals over the age of 15 at some point use e-commerce platforms to.read More. The post Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO appeared first on Transportation Management Company | Ce

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LogiSYM Webinars: e-Commerce – How Does e-Commerce Transform Today’s Supply Chain?

The Logistics & Supply Chain Management Society

Thursday, 13 August | 11:00 SGT. We all see that e-Commerce is growing by leaps and bounds but why are e-commerce supply chains different from traditional supply chains – or are they? – Is only the last mile delivery portion that is different? – What does the future of home delivery look like? – Differences in pick & pack operation. – Eco-Friendly supply chain.

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Unique Challenges Facing Food & Beverage Supply Chains

Kuebix

Food and beverage companies produce and distribute essential products every day. The Covid-19 pandemic has resulted in food shoppers buying supplies for a longer period of time (ex. shopping for 2 weeks at a time instead of 1) and purchasing products such as toilet paper, paper towels and disinfectant wipes in bulk. Practicing new skills […]. The post Unique Challenges Facing Food & Beverage Supply Chains appeared first on Kuebix.

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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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Life Sciences in the Age of Disruption

DELMIA Quintiq

Short-term Scheduling for Production and Quality Control Labs. In the age of disruption, effective production planning and optimization approaches are even more critical to ramping up or down production, or pivoting to production of new products. To future proof operations, a robust planning and scheduling approach is a key foundation to the factory of the future.

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Managing Reverse Logistics: The Value of Integration

GlobalTranz

Managing reverse logistics can be challenging. It includes tapping carriers and non-traditional returns options to give customers a positive experience. Unfortunately, the rate of returns and demand for reverse logistics are increasing. As reported by Supply Chain Dive, the Reverse Logistics Association estimated “more than $550 billion worth of returns move through the economy per.read More.

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Editor’s Choice: 5 Ingredients for Predicting Accurate Shipment ETAs

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. This article comes from Vivek Vaid, CTO at FourKites, and examines how to predict accurate shipments ETAs. Predictive intelligence is a big deal these days. In talking to one of our customers, it occurred to me that despite the advances FourKites has demonstrated in machine learning and data science, […].

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Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable

Arkieva

A colleague and I were talking recently, and the conversation turned to what is the relationship between Mean Absolute Deviation (MAD) and the Standard Deviation (STDEV). In this post, I will explain to you the math behind that approximation, which by the way, only applies to normal distributions. Relationship Between MAD and Standard Deviation For a Normally Distributed Random Variable was first posted on July 27, 2020 at 7:43 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of t

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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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Editor’s Pick: Preparing for Future Disruptions – Using Technology to Strengthen Your Export Compliance Program

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Jackson Wood from Descartes‘ blog discusses 3 key steps to consider to increase the resilience of your export.

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Reverse Logistics Companies: Using Metrics to Track Performance

GlobalTranz

The returns supply chain remains difficult to manage. In the age of e-commerce, that complexity only continues to grow. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs. And the costs of poor asset information management can surpass 1.5%.read More.

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Integrated Business Planning (IBP) – House of Planning

Logility

During my Lean/6-Sigma Black Belt studies, while working as a supply-chain management practitioner in the high technology and industrial manufacturing industries, I became familiar with “The House of Quality”, the first matrix in the four-phase Quality Function Deployment (QFD) process. The house of quality originated in 1972 and has been used by thousands of companies in all industries to design, manufacturer, and market products and services.

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The Coming Age of Cognitive Supply Chains

Enterra Insights

Over the past several decades, the world has become increasingly digital. Digitalization not only increases the amount of data being generated it increases the speed at which business is done. As Deloitte analysts note, “The new normal in consumer interactions is speed with agility.”[1] In fact, speed and agility apply to all aspects of business operations, not just interactions with consumers.

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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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Everlane revealed: Transparency is a journey that’s as much about inside as out

Provenance

Exposed this week in the New York Times for transparency ambitions that don’t match up with company reality, Everlane are becoming an example of what happens when you don’t follow a robust roadmap for transparency, but treat it as a stand-alone marketing strategy. Here our CEO & Founder, Jessi Baker, shares her take on what went wrong and tips for brands looking to not make the same mistakes.

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IBP is a strategic weapon in times of crisis

Supply Chain Movement

“Now, absolutely everyone’s convinced of the value of our new IBP process!” said the IBP manager at a client where we set up an Integrated Business Planning (IBP) process last year. The company is now gaining a competitive edge by making smart choices related to market segments, customer focus, production capacity and inventory management with a six-month horizon plus an estimation for the longer term.

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22 warehouse pros share the biggest mistakes made with inventory management (and how to avoid them)

6 River Systems

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). Too much slow-moving inventory means you’re spending money to store products that aren’t earning immediate revenue, and too little means backorders and unhappy customers who are likely to seek out your competition.

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Digital Transformation Requires Agility

Enterra Insights

It’s not uncommon nowadays to read about the necessity for enterprises and supply chains to be agile. McKinsey & Company analysts note, “Agility is catching fire, and there is growing recognition of its transformational benefits. But moving to an agile operating model is tough, especially for established companies.”[1] Agility is defined as the ability to move quickly and easily.

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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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The Parallel Supply Chain … A Twilight Zone Strategy?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! What’s Normal Anyways? The Coronavirus pandemic has resulted in lockdowns of enormous portions of the global population and its businesses. The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. toilet paper ) and extraordinary demand for PPE (Personal Protect Equipment) has brought the subject of a Parallel Supply Chain to the forefront

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Supply Chain Challenges and Optimization in times of Disruption

ThroughPut

When was the last time you went to your neighborhood Home Depot? The pandemic has indeed changed everything about how we go about life and work. As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. Home Depot had transformed its supply chain in 2018, which led to aggressive growth and investment return.

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Rethinking Your Digital Transformation Strategy

QAD

The term digital transformation has been a thoroughly discussed topic in recent years, but it actually originates in the 1990s when organizations first began computerizing their processes and activities. After early packet switching networks such as ARPANET and the NPL network evolved into what we know today as the World Wide Web, digital channels known as websites became prime platforms for data-sharing, online discussion forums, blogs, social networking and online shopping.