Sat.Sep 07, 2019 - Fri.Sep 13, 2019

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How to Overcome the 5 Common Hurdles that Limit Sustainable Procurement ROI

EcoVadis

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Despite the growing awareness and commitment to sustainability in the supply chain, our 2019 Sustainable Procurement Barometer uncovered common challenges that limit company success and business value, including: Tracking supplier performance (cited as an issue for 39 percent of procurement organizations).

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Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies.

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3 Things you Should Know About Hyperlocal Supply Chains

C3 Solutions

This post was originally posted on The Logistics Broker and was written by Joe Oliaro.

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?

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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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Why Omnichannel Supply Chain Success Depends on Inventory Optimization

GlobalTranz

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented.read More.

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How Machine Learning is Transforming Industrial Production

DELMIA Quintiq

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Well, frankly that’s the wrong question. Machine learning is not a device you can plug into a production line and make the production line operate better than it did before. Machine learning is a process that needs inputs from many devices to feed data to it so that data can be collected, evaluated, and used to develop knowledge about how a production line

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?

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Benefits and Disadvantages of AI-Powered Supply Chains

GlobalTranz

Artificial Intelligence (AI) is everywhere around us. From simple digital watches to complex urban planning and development, the new form of intelligence is revolutionizing the way people live and the way companies work. Supply chain management is not an exception here because AI is changing it slowly but steadily. The process lasts for a long.read More.

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6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

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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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Beware of Real-time Transportation Visibility “Big Hat, No Carrier”

Logistics Viewpoints

Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. They have it tough. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1] Consumer “needs” include multiple ways o

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Report: North American RTLS in Yard Management Customer Value Leadership Award

PINC

PINC Solutions has been able to set a high standard in the yard management space with its robust range of services that include shipment analysis, real-time visibility, and overall process improvement across locations. PINC Solutions has a wide range of customers from manufacturers, retailers, distributors and carriers to 3rd Party Logistics (3PL) organizations and it has visibly improved the operational efficiency of its clients’ yards.

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Business Forecasting Lessons From Hurricanes

Arkieva

With each storm, there comes a bevy of forecasts put out by different computer models. These forecasts begin about 10 days out and change as the storm gets closer and closer. This blog tries to extract some learnings from this process of forecasting. Business Forecasting Lessons From Hurricanes was first posted on September 11, 2019 at 10:09 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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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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This Week in Logistics News (September 7 – 13)

Logistics Viewpoints

Ah yes, it is officially palindrome week. This year, however, palindrome week takes on a whole new significance. After next Thursday (9/19/19), there will not be an official palindrome week until 2021 (we don’t count putting a 0 in front of the month around here). This is the end of a wonderful run of years, starting in 2011, where the dates read the same frontwards and backwards for a week+.

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Last Mile Logistics and Customer Experience

Enterra Insights

Today’s consumers can be characterized as persnickety — that is, they require a particularly precise or careful approach. Persnickety consumers expect a great customer experience when dealing with brands and retailers. Staff members at CIO Review write, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.”[1] Part of that service is

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What Makes a Good Business Mentor?

QAD

When I look back at my very first mentor, I think of my dad. My dad passed away in June, and as with the loss of anyone that you love, you reflect on all they meant to you. I soon realized how much of a role my dad played in mentoring me, starting as early as elementary school. He consistently had words of advice to share and lived a life of the advice that he taught me.

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Harvests and hurricane combine to boost reefer rates

DAT Solutions

Apple harvests and the arrival of Hurricane Dorian on the East Coast rearranged supply chains, tightened capacity, and boosted rates on several lanes last week.

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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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Preparing Your Business for the Digital Supply Chain

Oracle SCM

By Mike Mortson , CEO, Supply Chain Game Changer. Supply chain professionals are hiking their spending on supply chain innovation—substantially. Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).

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How Supply-Chain Companies Can Build Roadmaps With AI

Supply Chain Brain

The supply chain as we know it is on the precipice of tipping from decades of steadily accelerating “push” dynamics to a new “push-and-pull” model.

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Fashion Week: bring more than transparency – bring integrity

Provenance

The Independent published a piece this week stating that “ The environmental costs of fashion are too high – we must consume less or it will be the death of us.” In it, Lizzie Rivera gives a scathing review of the repugnant issues baked into the fashion industry. These problems are not new. And with each month, more headlines cut through the curtain of fashion, resulting in shoppers taking note and changing their behaviours.

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Hurricane disrupts supply chains, increases rates

DAT Solutions

The approaching hurricane tightened capacity and boosted rates for vans, reefers and flatbeds. .

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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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The Go-To List of Ways to Improve Inventory Management

Veridian Solutions

Today’s warehouse managers need better inventory management strategies. Shareholders want to increase profitability. Customers wish for better customer service. Amazon wants to take over the world. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Supply chain leaders should follow these key strategies for ways to improve inventory management.

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Get ready for the 2019 Natural Products Expo East

TradeGecko

Organized by the New Hope Network, the Natural Products Expo East brings together the health, wellness and eco-conscious community. With solutions for the complete supply chain from manufacturers, retailers/distributors, service providers and ingredient suppliers, the event helps businesses identify the people, products, partnerships and trends that create better opportunities and connections.

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How To Make Your Supply Chain More Efficient

Manufacturing & Logistics IT

by James Daniels, freelance writer. There are multiple benefits to creating a more efficient supply chain in your business, you’ll be able to cut unnecessary costs from your spending and respond more quickly to market changes, supply irregularities and fluctuating demand.

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How to Tell if Your Suppliers are Underperforming

Unleashed

Not all suppliers are created equal: some are better at providing low-cost goods, while others are great at customisation. Some suppliers have optimised for fast-shipping times, and some suppliers focus on high-quality materials. Regardless of whether you make, manage or move products, suppliers are a vital part of your company’s success. Without reliable suppliers, you could be jeopardising with your business model.

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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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5 Tips to Improve Warehouse Efficiency and Business Scalability

Veridian Solutions

There will always be opportunities for improvement within the supply chain. The best-laid plans for success require a well-oiled machine, comprised of all systems of record, your workers, truck drivers, and other business to business partners. Unfortunately, finding a way to improve warehouse efficiency can be difficult. As explained by Multichannel Merchant , supply chain leaders should follow these five tips to improve warehouse efficiency now.

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Shedding Light on Invisible Value-adds for Warehouse Automation ROI

RFgen

Warehouse automation isn’t positioned to replace your workforce, but will augment your existing labor with crucial performance accelerators. Lately, there has been a major emphasis on new technology that helps automate supply chain processes while improving transparency. A critical area where supply chain automation technology is gaining ground is in the warehouse.

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Supply Chain Innovation and the Catalyst for Business Growth

All Things Supply Chain

Procurement teams have a growing responsibility within organisations.