Sat.Sep 23, 2017 - Fri.Sep 29, 2017

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Digital supply chains, AI, Blockchain and the future of work – Insights from the Gartner supply chain executive conference

Kinaxis

by Dr. Madhav Durbha The 2017 Gartner supply chain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supply chain summit in Phoenix during May of this year. A few of the presentations in London, such as a highly provocative key note by John Philips of PepsiCo are a repeat from this prior event.

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What Will a Supply Chain Planning Job Look Like in the Future?

ToolsGroup

We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supply chain planner. There is a saying that the best forecasts come from having access to inside information that is not yet widely known. In writing this blog, I have been talking to analysts, consultants and pundits—but most important watching what’s already happening at more advanced companies.

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Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. Labor is an important input with 50-60% of employees of the company reporting through supply chain organizations. Is talent a cost or an asset? Most companies say that employees are an asset, but treat it as a cost. Today, with companies having a keen-focus on costs, talent development often takes a back seat.

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Connecting the Dots on Amazon's patents in Logistics

Techgistics

I've dug into Amazon's patent filings over the last five years and mined the patent titles for keywords related to inventory and logistics. Patents range from the mundane like optimization of packaging sizes and allocating regional inventory to reduce out-of-stock costs to the more technologically advanced like autonomous vehicles, mobile ground-based fulfillment centers, and drones.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Supply Chain Best Practices: 5 Keys to Running a Synchronized Supply Chain

GlobalTranz

Editor Note: Today's Blog is from Darren Palfrey, the CEO at Gravity Supply Chain who shares the 5 supply chain best practices to keep your supply chain synchronized. In today’s fast-paced society, businesses can’t afford to slip up when it comes to their supply chain. Consumers expect nothing less than perfect order fulfillment : the right products delivered to the right place, right now, in perfect condition, at the lowest price.

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Cutting through the hype: AI in supply chain planning

Kinaxis

by Alexa Cheater There’s no getting around it. Artificial intelligence (AI) is here. From self-driving cars to intelligent digital assistants (one of whom I share a name with) to advanced robots working on the shop floor. But conspicuously absent in all this fervor around what’s new and next in AI are details and examples of how to implement these emerging technologies in supply chain planning.

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Summoning the Courage to Redefine Forecasting: Upending the Apple Cart

Supply Chain Shaman

“We have too many planners. And, even if we can afford the costs, we don’t get good answers with our current forecasting processes,” stated the supply chain leader on the phone. “I want to build outside-in processes, but I don’t know what this looks like. Can you tell me what you mean by this statement?” My question to her was “Do you have the courage to up-end the apple cart?

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[Infographic] Modern Retail Supply Chains: Why Investment in Omnichannel Is Rising

GlobalTranz

Modern retail supply chains resemble patchwork quilts, made up of thousands of squares (warehouses and suppliers) and stitches (supply chain systems). While this patchwork quilt has operated well for the past few years, modern retail supply chains have reached a point where the stitches threaten to rip. While this is the primary force behind omnichannel investment, modern retail supply chains are also investing for these top reasons.

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This Week in Logistics News (September 25-29, 2017)

Talking Logistics

You know what might be more complex than supply chain management? The college application and financial aid process. We’re wading through it now with my oldest daughter who is a senior in high school. If you have to schedule multiple information sessions and webcasts to explain how this whole process works, like our high school has done, then I think it’s a clear sign that there are too many crooks, I mean cooks, in the kitchen.

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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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Countdown to Kinexions ’17: FOMO and supply chain stories that inspire

Kinaxis

by Teresa Chiykowski Recently, I was asked to write an email with a FOMO theme. Admittedly I had no clue what this meant (maybe it’s an age thing?). Then my mind wandered to the gutter because it starts with the letter “F.” Then I asked Mr. Google who never lets me down – and he didn’t. FOMO is short form for “Fear of missing out.” It’s really the fear that if you miss a party or event you will miss out on something great.

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Risks in Supply - An Omnipresent Danger

Logility

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Throughout these projects, there is a consistent theme: organizations have a difficult time finding clarity in variability in supply.

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[Infographic] An Ultimate Beginner’s Guide to BlockChain

GlobalTranz

The easiest method of keeping the online market free from conmen and corruption is to impose stringent regulations on it. But since that is a pipe dream and every regulation comes with a loophole, the more feasible way to proceed in is using an incorruptible record keeping service that can be used as proof of payment. One such way that has come to the fore is the Blockchain method.

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What is Machine Learning?

The Network Effect

I was having a discussion about Artificial Intelligence (AI) in supply chain planning and execution with Steve Banker today, and. The post What is Machine Learning? appeared first on The Network Effect.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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NHS UK Waste: Planning challenges require extreme patience

Enchange Supply Chain Consultancy

I have spent some considerable time visiting medical facilities both at home and in UK and in the latter case I was not impressed. The National Health Service is still the envy of the rest of the world and rightly so. When you consider the policies and procedures in other countries the people who benefit from the NHS really should not complain about a 4 hour wait as you will be seen and you will not be asked if your bank card is contactless before you get to see a medical professional.

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Achieving Supply Chain Visibility: How Long will It Take?

Enterra Insights

For years pundits have hailed the virtues of achieving end-to-end supply chain visibility. For example, Jett McCandless (@JettMcCandless) CEO of … Continued. The post Achieving Supply Chain Visibility: How Long will It Take? appeared first on Enterra Solutions.

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Do People Skills Matter in the World of Logistics?

The Logistics of Logistics

How you develop your sales team has a big impact on your logistics business. Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. People skills do matter. According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics.

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Untangling the Complexities of Demand Forecasting

ModusLink Corporation

Whether facing a major product launch or compiling standard monthly forecasts, the accuracy of demand forecasts is crucial. No one understands this as intimately as Apple, who is fresh off of its much-anticipated iPhone X, 8 and 8 Plus product announcements. Apple, despite its affinity for releasing limited amounts of its highly demanded new devices […].

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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FMCG CEE Route To Market: Importance of relationships

Enchange Supply Chain Consultancy

You have great brands and brand awareness, a fantastic internal supply chain, tight financial control, top class HR, a top-notch sales force, innovative marketing - surely a recipe for success in CEE? Surely this must be the case? Sadly, not always and some big-name companies frequently get this important relationship badly wrong.

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Using Descriptive Analytics to Improve Supply Chain Visibility for Variability, Velocity, Volume, and Variety.

Arkieva

In this guest blog series titled: “Memoirs of a Black Belt,” Stephen Boyd a Lean Six Sigma Black Belt and 30-year supply chain veteran, shares his insights on achieving higher levels of performance using data from existing systems. All opinions expressed in guest authors may not reflect Arkieva’s view on the subject. Using Descriptive Analytics to Improve Supply Chain Visibility for Variability, Velocity, Volume, and Variety. was first posted on September 25, 2017 at 12:05 pm. ©2017 " S

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Gartner Supply Chain Executive Conference 2017: A Review

Oracle SCM

The past few weeks have seen several different conferences in Supply Chain but the stand out last week was certainly the Gartner Supply Chain Executive Conference (GSCES) in London. While this is an annual event known for being a hotbed of best practices sharing, it was especially compelling this year because it illustrated in stark detail just how much supply chains are being disrupted by the digital revolution currently underway in the IT world and what the supply chain industry needs to do to

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Recognition for an AWESOME Leader

BlueYonder

This week, the Council of Supply Chain Management Professionals (CSCMP) presented Dr. Nancy Nix with its Distinguished Service Award. If you work in supply chain, Nancy is someone worth knowing. She is the Executive Director of AWESOME, which stands for Achieving Women’s Excellence in Supply Chain, Operations Management and Education, an organization focused on advancing women in supply chain leadership roles.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Is Blockchain in the Supply Chain Coming of Age?

Supply Chain 24/7

Supply chain managers have yet to fully embrace the power of blockchain technology, say analysts, but the advance seems all but inexorable.

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Adopting Artificial Intelligence: Make Sure You Are Ready with Analytics

APICS

When reading all the latest business journals and even Supply Chain Management Now, you likely have heard about the wonders of artificial intelligence (AI). Like an infomercial, experts quoted in articles tout the cutting-edge solutions and business-transforming properties of AI. However, in a June 7 article in Harvard Business Review, Nick Harrison and Deborah O’Neill warn against adopting AI if you haven’t yet mastered analytics.

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Spot Market Van Volume Hits Record-Breaking High

DAT Solutions

Spot market volumes hit an all-time high on the top 100 van lanes last week. Rates rose on 66 of those lanes, and the national average van rate of $1.94 per mile is 16¢ higher it was for the month of August. A lot of this can be attributed to the supply chain disruptions caused by Hurricanes Harvey and Irma, plus the uptick in fuel costs that followed.

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2017 State of Logistics: A Look Back

NFI Industries

2017 has been quite the year for the world of logistics. With e-commerce booming and the adoption of new digital technology on the rise, it’s no secret that change is on the horizon. The air, rail, and ocean sectors all showed improvements, and the importance of one-stop-shop 3PLs became much more prominent, while truckload (TL). Read More.

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Maximize Supply Chain Spend & Asset Utilization with Innovative Test Automation

Connected devices are emerging at an explosive rate exerting pressure on larger operators; however, some organizations cannot continue to purchase the latest & greatest devices without ramifications. The introduction of automated test technology drives the optimization of supply chain expenditures leveraging forward & reverse logistics paths. Adopting innovative test automation tools addresses these challenges by providing robust solutions for testing the interoperability, performance, & securit

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Pharma Exploring Blockchain to Increase Supply Chain Security

Material Handling & Logistics

The MediLedger Project aims to demonstrate compliance with the Drug Supply Chain Security Act, utilizing capabilities found with blockchain technology to track and trace prescription medicines. A new program, called The MediLedger Project, was announced last week with the goal of preventing counterfeit medicines from entering the supply chain. . Chronicled, Inc. and The LinkLab LLC joined to form The MediLedger Project in an effort to demonstrate compliance with the Drug Supply Chain Security Ac

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CPIM Streamlined for Busy Supply Chain Professionals

APICS

Times change, work evolves, and companies need new skills and better trained supply chain professionals. As a result, APICS has updated the CPIM program to better serve the needs of today’s supply chain workforce, while maintaining the body of knowledge and integrity that has kept CPIM at the forefront of supply chain education.

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Inside the Voice of the Store Manager Survey Results: Successful Retailers Find Ways to Fulfill Customer Expectations

BlueYonder

It’s no secret that today’s consumer is in the driver’s seat and has high expectations from retailers. The second annual JDA Voice of the Store Manager Survey revealed that instead of shutting doors, successful retailers are evolving the store into a place to solve customer problems, relying on the speed and convenience of in-store fulfillment to compete in today’s unified commerce environment.

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