Sat.Aug 08, 2020 - Fri.Aug 14, 2020

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Leveraging Technology in the Warehouse to Enable Safe Social Distancing

SphereWMS

Active warehouses are hubs of human activity. Pulling and loading inventory is an ongoing process in the highly dynamic distribution centers of today. To maximize floor space, which amounts to revenue potential for the facility, operators have reduced aisle space to a minimum in order to optimize storage space. But in a new era of social distancing requirements, these spaces where the most human interaction occurs must be re-evaluated.

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How Can Paper Producers Rise to the Production Challenge?

USC Consulting Group

The novel coronavirus has produced a lot of uncertainty, and for manufacturers in the pulp and paper industry, that includes uncertainty related to demand. Stores unsurprisingly sold out of the typical products like soaps, hand sanitizers, and spray cleansers, but disposable tissue paper – of all things – was even more difficult to come by, both in the U.S. and worldwide.

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What is beginning inventory: beginning inventory formula

TradeGecko

What is beginning inventory? Beginning inventory is the dollar value of all inventory held by a business at the start of an accounting period, and represents all the goods a business can put toward generating revenue. You can use the beginning inventory formula to better understand the value of your inventory at the start of a new accounting period.

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Your Supply Chain Applications Can’t Handle Disruption

Logistics Viewpoints

COVID-19 catalyzed rapidly shifting commerce models that were reshaping how goods and services were procured and delivered. In a matter of weeks, entire countries came to a near standstill as governments issued mandatory stay-at-home orders to help slow the spread of the novel coronavirus. Highways and roads became desolate, and e-commerce became vital as the consumer’s appetite, both literally and figuratively, could now, in most cases, only be satisfied via online shopping with home deli

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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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Falling Into Supply Chain Management

Talking Logistics

Many current supply chain professionals say that they “fell into” the field — that is, they started their careers elsewhere but ultimately ended up in a supply chain role. For example, I have a degree in Material Science Engineering and I started my career in semiconductor manufacturing and new product development. Did you “fall into” Read more Falling Into Supply Chain Management.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. Heavily booked and running from meeting to meeting, I was late. As I squeezed into the middle seat of a crowded conference room, I got the stare. (You know, the look of peers communicating the signal, you are late.) I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation.

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Descartes Evolution 2020: Emerging Stronger

Logistics Viewpoints

The COVID-19 pandemic has changed the nature of my job quite a bit. The pandemic hit just as we were heading into our busy conference season. So instead of traveling across the country attending conferences, networking with peers, and in most cases, enjoying a bit of sunshine either by the pool or on the beach, I was attending these events from the friendly confines of my home office.

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Industry 5.0 and the Supply Chain

Talking Logistics

Next generation supply chain optimization will pair both smart, interconnected digital environments with the human insight it takes to make the most out of them. In my role, I get to meet a lot of people with a range of interests in optimizing various aspects of their supply chains. Typically, we’re trying to solve very. Read more Industry 5.0 and the Supply Chain.

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When to Outsource Reverse Logistics

GlobalTranz

Reverse logistics are a major hurdle to efficiency and profitability in modern supply chains. However, they are not something an organization can simply avoid. Failure to offer a fair, free returns process will cost customers. Period. As a result, supply chain executives need to find a way to handle the reverse logistics problem. And making.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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The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. In most countries since early spring, there has been an unparalleled wave of stockpiling by panicked consumers leading to near empty retail shelves. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

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How A High-Tech Manufacturer Navigated The Pandemic

Logistics Viewpoints

A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies. From a supply chain perspective, a robust supply chain digital transformation would involve end-to-end visibility of inventory in motion and inventory at rest in near real-time.

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Beyond Digital: The Physical Transformation of Supply Chain Distribution Networks

Talking Logistics

There are two sides to the supply chain transformation coin: the digital and the physical. While digital transformation has been getting the lion’s share of attention from analysts and technology companies, you cannot overlook the importance of physical transformation — that is, the importance of recognizing that your supply chain and distribution networks, which were.

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Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty

The Network Effect

The post Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty appeared first on The Network Effect.

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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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Omnichannel & Multi-Modal Shipping Trends for 2020: The Year of Every Channel Shipper | Talking Freight VIDEO

GlobalTranz

[link] Lets Talk – Omnichannel and Multimodal Shipping Trends The global supply chain is sick. Problems are beginning to amount to major disruptions, and the current pandemic is just the latest indicator that when things go wrong, and as they often do, traditional processes and standards for mitigating disruptions and eliminating risk may swell.read More.

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This Week in Logistics News (August 8 – 14)

Logistics Viewpoints

It is back to school shopping season again, but things sure have changed. With the future uncertain, coronavirus could push back-to-school shopping to record levels as families make contingency plans for remote learning. The National Retail Federation (NRF) and Prosper Insights & Analytics released their annual survey on back-to-school spending, and consumers tentatively plan to spend record amounts on laptops and computer accessories in anticipation that at least some classes will take plac

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Above the Fold: Supply Chain Logistics News (August 14, 2020)

Talking Logistics

As a child, I remember sitting on my grandmother’s lap in the evenings to watch Walter Mercado. Sometimes I watched with my mother too, the two of us on our plastic-covered sofa waiting for Walter to give us our astrological prediction (I am a Leo, my mother is Aquarius). Who was Walter Mercado? It is. Read more Above the Fold: Supply Chain Logistics News (August 14, 2020).

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Machine Learning: Optimization and Community Intelligence – A Wiser Forecasting

Arkieva

Learn the importance of advanced optimization for statistics (AOS) even for simple methods such as exponential smoothing and the importance of community intelligence. Machine Learning: Optimization and Community Intelligence – A Wiser Forecasting was first posted on August 12, 2020 at 7:41 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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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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Flexible Food Distribution and Restaurant Business Models

Kuebix

Covid-19 has left restaurants and food distribution companies scrambling to stay afloat. Many are straying away from their traditional business models to keep their companies from going under. The food distribution industry is already expecting to take a $110 billion loss for a year which is a third of their 2019 revenue. The industry lost somewhere […].

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5 Returns Management Opportunities Through Digital Tech | Fast Feight Five VIDEO

GlobalTranz

[link] Customers around the globe have moved to increase e-commerce purchases in the wake of the COVID-19 crisis. Unfortunately, increases within E-commerce represent a major problem for the reverse logistics supply chain. Returns management within e-commerce have always been significantly higher than brick-and-mortar stores. However, the sudden surge in demand for e-commerce will inevitably contribute.read More.

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The Value of Software Certification

Talking Logistics

Here are the key benefits of certifying the competence of users employing routing and scheduling technology—both for companies and for their employees. As modern technology continues to advance, the number of software programs that companies are using is also increasing. In the supply chain management space, myriad different platforms handle the many steps that it.

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Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

To adapt an old saying, the idea that great service should be a top supply chain priority is as universally accepted as motherhood and the dominance of the ‘92 Dream Team. In fact, it’s one of the few things people wouldn’t disagree on these days. Despite this, however, there is surprisingly little consensus on the definition of ‘service level’ among those who work in supply chain and the customers their businesses serve.

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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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H&M Supply Chain Strategy - Successful Retail Inventory Control

TradeGecko

Fashion isn't just all about dressing up and H&M's supply chain procedures are a testament to that. Globally recognised for being a successful and expansive retail giant in terms of market and financial prosperity, H&M's.

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Four Steps to Better Demand Forecasting

Logility

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. There are libraries full of algorithms that are relatively easy to implement in software, but the math is only as good as the data it’s applied to. And your forecasting success is fundamentally impacted by your understanding of that data, its strengths and limits.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.

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2020 SCM Best Paper Award Winners

SCM Research

Two of the leading operations & supply chain management journals have just announced their best paper award winners at the Annual Meeting of the Academy of Management. The Journal of Operations Management ’s Jack Meredith Best Paper Award 2020 goes to two winning papers: Wiengarten, Fan, Pagell & Lo’s (2019) paper is titled Deviations from Aspirational Target Levels and Environmental and Safety Performance: Implications for Operations Managers Acting Irresponsibly ; and Bavafa & Terw

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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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Report: Achieving Resilience in the Manufacturing Supply Chain

ivalua

The post Report: Achieving Resilience in the Manufacturing Supply Chain appeared first on Ivalua.

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How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

This blog is a guest post from Paul Patin, Chief Technology Officer at Logistiview. He explains his personal journey from supply chain AI/ML skeptic to optimistic believer and how these technologies will radically transform supply chain planning and warehouse automation in the future. I confess that I was once an AI and ML skeptic. I love technology.

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Virus Update: Tankers Waiting for Weeks off China Ports, Companies Step Up Distribution Automation

Supply Chain Brain

The latest supply-chain news and insights on the novel coronavirus and global response to the outbreak.