Sat.Jan 20, 2018 - Fri.Jan 26, 2018

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3 things supply chain leaders can do to leverage talent for the digital supply chain

AIMMS

AIMMS has been active in the supply chain space for over 28 years. We’ve seen the evolution of the industry and its ongoing transformation , and have embarked on a transformation ourselves. The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future.

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Lost Warehouse Inventory? What to Do and When to Write It Off

GlobalTranz

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books.

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Why you should modernize your spare parts planning

ToolsGroup

There’s untapped cash and profits in your spare parts business. Aftermarket parts is a big net margin producer for many manufacturers, and yet service levels and inventory in these operations are often woefully sub-optimized (See CapGemini statics above). A recent in depth study from McKinsey analyzed 30 industries and found that average earnings-before-interest-and-taxes (EBIT) margin for aftermarket services is 25 percent, compared to 10 percent for new equipment. (“ Industrial aftermarket ser

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Finance and supply chain operations: Can IBP bridge the gap?

Kinaxis

by Alexa Cheater It’s no secret these two groups don’t always see eye-to-eye. Finance and supply chain operations—both have a huge impact on your company’s bottom line, but oftentimes there’s conflict between these two organizations, especially when it comes to the numbers. Disparate data, siloed processes and discrepancies between the operational forecast and the corporate budget are all contributing factors.

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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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3 things supply chain leaders can do to leverage talent for the digital supply chain

AIMMS

AIMMS has been active in the supply chain space for over 28 years. We’ve seen the evolution of the industry and its ongoing transformation , and have embarked on a transformation ourselves. The skills of the past are no longer sufficient to meet the demands of today’s complex, fast- moving digital environment , or prepare for the future.

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Digital Supply Chain: Hype, Confusion, and Reality

Talking Logistics

It’s safe to say that the pace of change in supply chain management, especially from a technology standpoint, has continued to accelerate. Everybody seems to be talking about the digital supply chain these days, but what exactly does that mean? Why is it important? What are some of the key capabilities companies need, not only to keep pace with this change, but also to find new avenues for growth and differentiation?

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Three Types of SCM Definitions

SCM Research

Today, I present Mentzer et al.’s (2001) must-read article, Defining Supply Chain Management. The authors demonstrate that, “although definitions of SCM differ across authors […], they can be classified into three categories”: (1) SCM as a management philosophy (= supply chain orientation ), which involves a systems approach to viewing the supply chain as a whole, a strategic orientation toward cooperative efforts, and a customer focus; (2) SCM as an implementation of a m

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

In yet another impressive comeback, the New England Patriots topped the Jacksonville Jaguars 24-20 in the AFC title game to move on to their 10th Super Bowl, and 8th in the Belichick – Brady era. They will meet the Philadelphia Eagles, who crushed the Minnesota Vikings 38-7 in the NFC title game, a week from Sunday in Minneapolis, MN. Logistically, hosting the Super Bowl is no easy feat, given everything that goes into it.

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The 6 Top Supply Chain Trends to Make Supply Chain Managers the Hero of Their Company

GlobalTranz

Supply chain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes , supply chain managers should consider how top supply chain trends will in

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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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Editor’s Pick: Profiles in Yard Management Excellence – Carhartt

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, Rafael Granato from PINC Solutions summarizes a video case study we featured recently on Talking Logistics, part of our “Profiles in Yard Management Excellence” series where we highlight companies (in this case, Carhartt ) that are leading th

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Your FMCG Supply Chain: The end of January is nigh!

Enchange Supply Chain Consultancy

Where has that first post-holiday month gone? Suddenly it’s the 24 th of January and there are only 7 calendar days and 5 working days until you close the month. Adopt panic stations despite what Corporal Jones of Dad’s Army would say.

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Changing the Status Quo to Stay Ahead of the Amazon Effect

Logility

Planning teams face multiple dilemmas including promoting and supporting top line growth, containing cost, efficiently managing on-going operations and finding new ways to drive innovation. To complicate matters, supply chains are growing more complex as product proliferation and customer service expectations rise driven in part by the “Amazons” of the world.

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[WHITE PAPER] The Trends that Will Forever Shape Manufacturing in 2018 & Beyond

GlobalTranz

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Trends that Will Forever Shape Manufacturing in 2018 & Beyond” white paper! This is a must read for those in the manufacturing industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right.

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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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The Value of Integrated Supply Chain Technology

Talking Logistics

Jason Nurmi, Global Strategic Account Manager at BluJay Solutions addresses the following questions and more in this timely and informative episode: How do you define “Integrated Supply Chain Technology” — are you talking about having a single solution that does everything in supply chain management or about integrating multiple supply chain applications together or something different?

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The Cost of Disaster

Elementum

Natural disasters continue to dominate headlines worldwide and are only likely to increase in prevalence in years to come. Last year marked the costliest on record for natural disasters in the United States. The country suffered an estimated $306 billion in disaster-related damages in 2017, predominantly due to major hurricanes and wildfires. According to a report published by the National Oceanic and Atmospheric Administration (NOAA), the damage caused by Hurricane Harvey alone came in at appro

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Ushering in the Era of Insights-Driven Supply Chain

ModusLink Corporation

Expectations are higher than ever due to new technology that makes shopping bigger, better, faster and easier. These rising demands have caused brands to think about how to leverage technology in a way that delivers a top-tier consumer experience from start to finish. To navigate this transformation, many companies are turning to supply chain solutions […].

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Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling & Logistics

Imagine moving cargo across continents as smoothly as computers process data. It may seem impossible today, but the physical Internet could be embedded into freight supply chains by 2050. Today, the physical Internet is an amorphous construct, with its scope and limits undefined. If its full potential is ever realized, then it will have the power to transform the movement of goods and people.

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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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Rethink Your Distribution Network Optimization

Stord

Whether you are a small business owner or a corporate logistics manager, it’s crucial to stay attuned to the most innovative ways to optimize your distribution network. Individually-owned businesses can operate with great autonomy and fast reaction times. It’s imperative for corporations to achieve the same capacity to react to market demands by improving their distribution efficiencies.

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Trucking Companies Are (Finally) Recruiting More Women

Elementum

The American Trucking Association estimates that trucking companies are short by as much as 45,000 drivers. In light of this shortage, pressure has been mounting on carriers to reach out to untapped workforce pools in order to close the gap and keep supply chains moving. If the trend continues, the ATA predicts the industry could fall short by 174,000 drivers by 2026.

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6 Ways You Can Improve Forecast Accuracy with Demand Sensing

Arkieva

Demand sensing helps us identify the actual customer order trends and helps us improve the near-term forecast. Strategic actions like demand shaping for knowingly increasing or decreasing the demand for the product can be undertaken by sensing demand signals. 6 Ways You Can Improve Forecast Accuracy with Demand Sensing was first posted on January 25, 2018 at 8:15 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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5 Reasons to Attend Oracle Modern Supply Chain Experience 2018

Oracle SCM

Preparation is nearly complete for this month’s Modern Supply Chain Experience in San Jose, California. If you haven’t registered , there is still time. Over 2500 supply chain professionals from the Oracle Supply Chain ecosystem will be on hand, offering and gaining valuable insights, strategies, and techniques into designing, planning, or managing supply chains for strategic advantage.

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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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Spot Market Carriers Get Higher Rates Than Contract Fleets

DAT Solutions

I look at freight transportation statistics all day long, and I am astonished by the rapid growth of the past few months, especially in the truckload spot market. It seems as though every week sets a new record for something: highest-ever rate or load-to-truck ratio for vans, greatest-ever number of load posts, one after another, until we run out of superlatives.

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Using Data To Align Your Sales and Supply Chain Teams

Silvon Software

Ensuring that your sales and supply chain teams are in sync is one way that you can enhance the customer experience. However, this does pose some challenges because the end goals of these teams don’t always match. This challenge is further compounded by the global nature of many businesses, which depend on multi-channel distribution, multiple ERP and other business systems, and disparate reporting requirements.

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How Amazon will impact the supply chain in 2018

TradeGecko

In their 10-K annual report from 2017, Amazon stated that it had generated $6.4 billion in sales from retail subscription services alone. Wall Street firm Needham predicted that by 2021 Amazon would make up 50% of all US eCommerce, so we can expect 2018 to be another colossal year for the eCommerce giant.

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Game of Chains

Supply Chain Movement

The traditional boundaries between sectors and industries are blurring, or even vanishing, due to the increasing digitalization of business globally. It’s now much easier for new digital players to enter – and completely transform – existing markets. Consultancy firm McKinsey predicts that, in less than ten years’ time, companies will be less likely to compete with their traditional opponents and much more likely to face competition from rapidly emerging ecosystems made u

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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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Distribution Outlook: 2018

NFI Industries

In the third quarter of 2017, Prologis reported that consumer activity reached its highest level since 2014 1. As consumers continue to shop in 2018, shippers are considering new solutions within distribution to quickly reach their customers. Warehouses today have doubled in size compared to 2002; however, even with larger distribution centers (DCs), the distribution market.

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Top 3 Reasons Food Shippers Need Trailer Temperature Tracking in TMS

Supply Chain Collaborator

There is only one enterprise-level transportation management system (TMS) platform that offers trailer temperature tracking in real time. We’ll let you guess who it is! More importantly, we’re going to share three reasons why food shippers and other organizations with perishable or temperature-sensitive products should be clamoring for this innovative functionality (if they haven’t already been wishing this feature was available to them). .

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Is Your Supply Chain A True Business Partner?

Supply Chain 24/7

What makes a great supply chain? Greg Gerstenhaber, a partner in the Bain & Company Performance Improvement practice, outlines how a supply chain can become a competitive advantage for a company, and how to evaluate what changes your supply chain needs to become a true partner of the business.