Sat.Feb 03, 2018 - Fri.Feb 09, 2018

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

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A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” (This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed. A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.

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Benefits of integrating finance and supply chain operations

Kinaxis

by Alexa Cheater Bridging finance and supply chain operations improves efficiency. In my earlier blog , I examined common obstacles organizations face when bringing together finance and supply chain operations. Now let’s look at the rewards you can reap by actually doing so. Bringing together finance and supply chain operations can make your company more operationally savvy and improve financial efficiency through: Exposing potential risks and enabling executable and optimized plans.

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How to Measure Inventory Health

ToolsGroup

Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. But from an operational supply chain planning perspective, turns is a crude metric because it doesn’t recognize the difference between “good” and “bad” inventory. For instance, you could have too much of some products, while not enough of others.

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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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These Advanced Supply Chain Technologies will Solidify the Digital Supply Chain in 2018

GlobalTranz

The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months.

More Trending

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Omni-Channel Order Management Growth Drivers

Logistics Viewpoints

Omni-channel order management is essential for today's changing business environment. While integration issues abound, the market for OMS is poised to grow. This is due to a combination of factors including cloud deployments, increased use of ship from store, and artificial intelligence. The post Omni-Channel Order Management Growth Drivers appeared first on Logistics Viewpoints.

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Why Taxing Automation is a Bad Idea

Talking Logistics

Late last year, a San Francisco politician launched a statewide campaign to raise money for a California ballot that would penalize private enterprise for embracing automation in the workplace. The website, called “Jobs of the Future Fund,” boldly states: “The idea is simple: if an employer replaces a human worker with a robot or algorithm, he or she would pay a tax.

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5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

GlobalTranz

Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months.

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FMCG Supply Chain: Chaff innovation, is it worth it?

Enchange Supply Chain Consultancy

By the end of February over 19% of the year will be behind you. Think about that for a minute. If you follow a financial calendar year you probably put your Annual Plan to bed in October and now nearly 20% of the available selling time has already gone. Shocker!

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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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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

Earlier this week, SpaceX launched a rocket into outer space. Attached to the Falcon Heavy rocket, launched from Cape Canaveral, FL, was a 2008 Tesla Roadster, with a dummy at the wheel named “Starman.” The goal was to launch the car into space and into an orbit around the sun that would bring it close to Mars, Well, the mission was mostly successful, as the rocket took off and initially went into the planned orbit. […].

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Trade Compliance: Still Think It’s Just Paperwork?

Talking Logistics

Still think trade compliance is just paperwork? Still managing it with Excel spreadsheets? An article in the Wall Street Journal last week by Henry Cutter ( Whistleblower Lawyers See a Growth Area: Customs Fraud ) is another reminder of why trade compliance is not just paperwork or a low-priority cost center hidden in the basement of your company — it’s a high-risk, strategic business process that is only getting riskier and more complicated.

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The Future of Yard Management Technologies

GlobalTranz

Yard management has closely mirrored warehouse management for years, but it lacks behind on the use of new technologies to reduce delays, improve productivity , and decrease risks. Yard management technologies have the potential to change how small and large yards operate. Take a look at the top four yard management technologies that will impact your organization soon, if they have not already.

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Blockchain Basics Webinar

The Logistics of Logistics

Beyond Buzzwords – An Introduction to Blockchain for Business Leaders. With all the buzzwords flying around, it can be difficult to separate Blockchain hype from business reality. Join this foundational session to understand the fundamental concepts of the distributed ledger, relevant Blockchain terminology, and real world Blockchain use cases. TOPICS COVERED.

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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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Earthquake Update 2 - What You Need to Know About the Quakes in Taiwan

Elementum

Taiwan was hit by another 5.7 magnitude earthquake Wednesday night at 11pm local time, nearly 24 hours after a 6.4 magnitude quake killed at least seven and left dozens more trapped in the eastern city of Hualien. Hualien’s population of 350,000 felt the strongest impact of the quake, with five surrounding cities feeling light shaking. While not the business center of Taiwan (commerce is concentrated on the country’s west coast) Hualien is a popular tourism hub.

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This Week in Logistics News (February 5-9, 2018)

Talking Logistics

Our guinea pig Cow died this morning. The kids named him Cow when he was born. He was a tiny little thing when he was born, smaller than the palm of your hand. I guess the kids envisioned him growing up big like his father Otis, but Cow ended up being the runt in the family, but with a cool, post punk hairstyle. The kids said their goodbyes this morning before going to school.

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Without Requirements There Is Nothing To Do

Oracle SCM

Did you know that nearly half of all projects fail due to missed, inaccurate or incomplete requirements? Companies fail more often because they solve the wrong problem, not developing the wrong solution to the right problem. Many find that homegrown solutions and spreadsheets do not provide an effective solution for requirements management. Ensuring that every initial requirement is ultimately met in the final product is one of the most critical, yet difficult, aspects.

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How to Handle Logistics During Chinese New Year

Material Handling & Logistics

“By implementing a few critical steps in advance of the holiday, shippers can avoid unnecessary bottlenecks and continue business with little or no interruption,” says Frank Guenzerodt, CEO of Dachser USA. With Chinese New Year approaching fast workers will travel throughout the country to return to their families and celebrate the New Year, with all manufacturing shutting down for the duration.

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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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[Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today.

Arkieva

Join us as we discuss how to use inventory or supply planning to properly calculate and project future inventory taking into consideration capacity constraints. [Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today. was first posted on February 8, 2018 at 7:50 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Editor’s Pick: 8 Truckload Market Trends for 2018

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. In this post, Steve Raetz, Director of Research and Market Intelligence at C.H. Robinson , highlights 8 trends that will have an effect on the truckload market this year.

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In Case You Missed It: Best Industry Articles and Insights Last Month

ModusLink Corporation

Need help keeping up with the latest supply chain, logistics, manufacturing and e-commerce industry news? Below, you’ll find the top articles and trends from January covering various sections of these ever-evolving industries. The Internet of Things (IoT) has made its way into our cars, kitchens and even supply chains. Implementing the IoT into the supply […].

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Taking Flight

BlueYonder

I am terrified of flying. It’s been that way since 9-11. It’s ironic really, considering how often I fly for work. Over the years, I’ve developed a ritual to calm my nerves and get me breathing again every time the plane bounces around in periods of turbulence. As soon as I settle into the seat, I pray (and pray), dab on Aveda Stress Fix essential oil and, most importantly, plug my pink earbuds into my iPhone for endless hours of soothing spa music.

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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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Intermodal Industry Outlook: 2018

NFI Industries

David Broering, President, Integrated Solutions at NFI, and Mark McKendry, Vice President of Intermodal, share their expectations for the coming year. The intermodal marketplace is one that is always predicated on the strength of the overall transportation market, and more broadly, the economy. As the U.S. economy accelerated in 2017, and along with it the.

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Accurate Costing Information Lacking in Supply Chain

Material Handling & Logistics

Supply chain and finance departments need to work more closely and adopt costing practices that are progressive and focused on informing internal decisions. Supply chain professionals aren’t getting the cost information that they need according to a recent survey from APICS and the Institute of Management Accountants. In the study, " Working Together to Enhance Supply Chain Managment with Better Costing Practices. " upper management supply chain professionals were asked to assess the impact of

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Why Outsourcing Your Supply Chain Network Design Analytics May Be the Best Option

CHAINalytics

| By Jonathan Whitaker | Principal, Managed Analytics Services | Chainalytics | Every supply chain organization seeks an optimally designed network to reduce cost while improving efficiency, customer service levels, and a competitive advantage.

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4 solutions that are rewiring the SME ecosystem

TradeGecko

The SME owner of the past often failed because they did not have the resources to handle the many moving parts of their supply chain. From accountants to sales, warehouse and delivery staff as well as a team to handle administrative tasks, the labor costs are high and the workflows are repetitive, complex and manual. Today however, small and mid-sized business owners find themselves at a crossroads.

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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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Earthquake Updates - Hualien, Taiwan

Elementum

The 6.4 magnitude earthquake that struck Eastern Taiwan on February 6th continues to have aftershocks, with plenty more expected to occur in the days ahead. As of writing, there have been 2 fatalities and 200+ injuries mostly in Hualien City. Most notable in the media were the collapse of two buildings and the subsequent nighttime rescue operation. While not a particularly devastating earthquake as the one exactly two years ago that killed 115, such regular occurrences are still a fact of life f

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3 Ways a 3PL Can Support a Multi-Site Distribution Model

Saddle Creek Logistic Services

Today’s omnichannel shoppers expect options like free shipping, expedited deliveries, store pick-up, ship to store and return to store. That can make order fulfillment very challenging. To meet the needs of an omnichannel environment (or simply expand to accommodate sales growth), retailers and ecommerce companiesneed to move products through the supply chain faster, get them closer to the end customer.

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Supply Chain Visibility Beyond “Where’s My Truck?”

Supply Chain 24/7

The key to making your supply chain data work for you is realizing that every load you move is a constellation of valuable data points that can be used to rocket your business miles above the competition.