Sat.Mar 24, 2018 - Fri.Mar 30, 2018

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An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to s

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5 Steps to Solve a Supply Chain Crisis

GlobalTranz

With effective logistics planning and strategies, you can run a supply chain smoothly without too many concerns. However, disruptions can occur even with the best plans in place. If your company encounters a supply chain crisis, it is important not to panic. Panicking can lead to a number of hasty decisions which can make the situation worse. Assess the situation and develop an approach that minimizes losses and resolves the crisis as quickly as possible.

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Blockchain’s potential to authenticate supply chain planning data

ToolsGroup

Blockchain data can be a useful source of certified data to support the supply chain model or "supply chain twin". With all the hype around Bitcoins, you’ve probably at least heard of the distributed database technology known as blockchain. But blockchain isn’t just for cryptocurrency and other financial services applications. It’s even finding its way into supply chains, and it has the potential to have a significant impact on supply chain planning.

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Blockchain: The “Building Block” of the Supply Chain of Tomorrow?

Logistics Viewpoints

Supply chain analysts are far more caustious concerning the maturity of blockchain for business applications that the broader tech community. Perhaps too cautious. One day after analysts appeared on a HighJump panel on this topic, an article appeared in the Wall Street Journal that claimed that 1.1 million items from Walmart are being tracked by blockchain, helping the massive retailer trace these products journey from supplier to store.

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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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Cross-Border E-Commerce: Growing Fast, But Still a Messy Reality

Talking Logistics

“More than a quarter of all revenue for sellers on Amazon globally was from cross-border transactions in 2017, up more than 50 percent from the year prior, Amazon Vice President Eric Broussard said in an interview,” as reported by Jeffrey Dastin in a recent article in Reuters. “That amounts to between $50 billion and $75 billion for merchants selling to customers in another country, based on analysts’ estimates for Amazon’s total gross merchandise sales.”.

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The European Meat Industry’s Environmental Catastrophe

SCM Research

A new research report, provided by Mighty Earth, argues that “[deforestation] is the result of a long supply chain that starts on the South American frontier and ends on European plates” The report is titled The Avoidable Crisis. It reveals that a small group of companies controls the global agricultural trade: “These companies collectively control the majority of global grain trade […].

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Blockchain: The Super Spreadsheet for Supply Chains

The Network Effect

Blockchain offers the supply chain a radical upgrade to the old standby of the spreadsheet The logistics industry is notoriously. The post Blockchain: The Super Spreadsheet for Supply Chains appeared first on The Network Effect.

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Top Four Ways to Score Savings Using Freight Optimization Tools

Talking Logistics

“March Madness” is in full swing in college basketball and some industry analysts might also use a similar term to describe the current transportation environment: “Rate Madness!”. Shippers are dealing with higher rates from less-than-truckload (LTL) and truckload carriers, new surcharges are being added for service in some cities, and providers are actively turning down loads.

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What Warehouse Management Technology Is Necessary to Create a Best-in-Class Distribution Center?

GlobalTranz

New warehouse management technology, like analytics, machine-to-machine learning, and automated systems, pushes the limits of standard operations to create best-in-class distribution centers. The days of using a small, standalone warehouse management system (WMS) are ending, and distribution centers must turn to newer, more advanced warehouse management technology to meet rising demand for an omnichannel world.

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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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Bundling Blockchain with Other Technologies for Maximum Effect

Enterra Insights

Blockchain technology has received a lot of press this past year. Most people associate the technology with cryptocurrencies like Bitcoin; but, blockchain technology has much broader application and is poised to disrupt a number of economic sectors. “The implications of blockchain technology are far reaching, with the potential to change many aspects of business across a variety of sectors,” writes Connor DiGregorio ( @digreg_orio ), an analyst with IBISWorld. “Procurement depa

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Restaurant Supply Chain: The Secret Weapon Against Diner Defection?

The Network Effect

“Maybe we should try somewhere else tonight.” That’s something you as a restaurant company manager would never want your loyal. The post Restaurant Supply Chain: The Secret Weapon Against Diner Defection? appeared first on The Network Effect.

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A “New Normal” in the Truckload Industry

Talking Logistics

There are so many trends impacting the trucking industry today — everything from regulations and technologies to fuel, labor, and economic conditions — that the industry is noticeably different than it was in the past. Is that creating a “new normal” in the trucking industry? What does that mean exactly, and more importantly, what steps or actions should shippers take to successfully navigate through this new normal?

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Shippers Access Newly Released Enterprise Multi-Carrier Parcel Shipping Solution in Transportation Management System With New Partnership

GlobalTranz

(Eagan, MN) – North American third-party logistics (3PL) company, Cerasis, in partnership with Pierbridge , a leading transportation management software development company, announces the addition of multi-parcel carrier shipping management to the Cerasis Rater, a web-based transportation management system (TMS). The addition of multi-carrier shipping options for the parcel mode now empowers shippers to manage transportation of all over-the-road transportation modes within one web-based portal.

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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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Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

Logility

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. The food & beverage industry faces a lengthy list of unique challenges from long raw material lead-times and volatile commodity pricing to safety and quality requirements combined with high demand uncertainty, frequent new product introductions, peri

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Improving On-Time and In-Full Performance

The Network Effect

Ensuring On-Time, In-Full (OTIF) deliveries was a top priority for companies in 2017 and has continued to be the number. The post Improving On-Time and In-Full Performance appeared first on The Network Effect.

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Omnichannel is all about the Customer

Enterra Insights

We all know the World Wide Web introduced customers to a new way of shopping. The rise of e-commerce has played havoc with traditional brick-and-mortar stores — which all struggle to counter the so-called “Amazon Effect.” Omnichannel operations were supposed to be traditional retailers’ solution to the Amazon challenge; but, many retailers and manufacturers have struggled to master the concept.

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Should I Use Order Lead Time for Demand Segmentation?

Arkieva

To set the foundation for this discussion, let us first look at the definition of order lead time. Order lead time is the time gap between the date when a customer places an order and when they expect to receive the product. Typically, in a B2B environment, the expectation is that there will be some gap between the two dates, and in many cases, this gap can be negotiated.

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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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Supply Chain Technology Roundup: Drones and Droids

Elementum

Transportation companies, e-commerce goliaths, and tech startups worldwide are testing drone and droid deliveries with an array of products, from fast-food orders to consumer goods. How will these emergent technologies affect supply chains? Unmanned Systems in the Supply Chain. Drones, otherwise known as unmanned aerial vehicles, have been garnering the attention of innovators across a wide range of industries for several years now.

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Restaurant Supply Chain: The Secret Weapon Against Diner Defection and Profit Protector?

The Network Effect

“Maybe we should try somewhere else tonight.” That’s something you as a restaurant company manager would never want your loyal. The post Restaurant Supply Chain: The Secret Weapon Against Diner Defection and Profit Protector? appeared first on The Network Effect.

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The Supply Chain, Internet of Things, and Cognitive Computing

Enterra Insights

Symbiosis is defined as a mutually beneficial relationship. A number of analysts believe, in the near future, a symbiotic relationship is going to develop between the supply chain and the Internet of Things (IoT) — sometimes referred to as the Industrial Internet of Things (IIoT). If you modify the term “IoT” to “IoT ecosystem,” I agree a symbiotic relationship is likely to develop.

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Going Digital? Things to Consider When Creating a Digital Supply Chain Strategy

Arkieva

A digital supply chain is a supply chain network (DSN) that focuses on using digital systems or technology tools to reduce the need for disparate systems through connectivity; eliminating manual processes and leveraging the data that is available through these systems to enhance the entire supply chain network. Going Digital? Things to Consider When Creating a Digital Supply Chain Strategy was first posted on March 29, 2018 at 8:35 am. ©2017 " Supply Chain Link Blog - Arkieva " Use

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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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Ireland—the Answer to your Post-Brexit Supply Chain

ModusLink Corporation

When the United Kingdom voted to part ways with the European Union (EU) two years ago, it opened doors for change, possibility and above all else, uncertainty. Due to ongoing negotiations around what exactly Brexit will entail, the shift has left brands across all industries guessing what the future holds for business — making planning […]. The post Ireland—the Answer to your Post-Brexit Supply Chain appeared first on Steel Connect.

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Using Analytics to Manage Inventory

Silvon Software

It’s true that inventory management is a challenge for both manufacturers and distributors. Each supply management issue that can arise has repercussions. For example, excess inventory can cause a decrease in product turnover and a loss of profits, while stock-outs can cause backorders, unhappy customers and lost sales. Optimizing inventory can ensure that the right product is available in the right quantities, at the right time and the right locations, to meet supply and demand.

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Technologies are changing the Logistics Picture

Enterra Insights

Supply chain professionals are like the military’s special forces. Each day they battle to beat competitors while simultaneously trying to win the hearts and minds of customers. According to Steve Geary, President of the Supply Chain Visions family of companies and Chief Operating Officer at ROSE Solutions, logistics is the key tool in the supply chain professional’s kit.

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Waveless Picking: Is Your Supply Chain Able to Compete with Amazon?

BlueYonder

Think back five years ago when you shopped online. Back then, when you placed an order online and the estimated delivery date was 10 days later, that was acceptable. Now think about your online shopping and shipping expectations today – a 10-day delivery estimate is unacceptable to most, if not all, consumers. This is mostly thanks to Amazon Prime , which has drastically changed consumers’ expectations.

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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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Building a Digital Supply Chain Ready for the Future

Supply Chain 24/7

With the options that digital technologies provide to develop new business models and new strategies, companies that integrate digital technologies into their supply chain can quickly improve service levels while cutting costs up to 30%.

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The Complexities and Challenges of a Fresh Food Supply Chain

All Things Supply Chain

On March 6th, McDonald’s announced the decision to start using fresh beef in the Quarter Pounder at all locations in the contiguous United States.

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3 Factors Impacting Transportation Capacity

NFI Industries

As the first quarter of 2018 comes to a close, transportation capacity remains a hot topic. The logistics industry is experiencing what is being considered “the perfect storm” as factors such as the economy, electronic logging devices (ELDs), and driver shortages continue to tighten transportation capacity. However, evaluating each factor could uncover additional opportunities for.