Sat.Jun 02, 2018 - Fri.Jun 08, 2018

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Protect Your Bottom Line With a Smart Supply Chain Design Strategy

Talking Logistics

A recent piece in the Wall Street Journal Logistics Report highlighted how rising logistics costs are squeezing the food and beverage industry. With the increased cost of moving goods, food and beverage companies are being forced to increase the price of their products to maintain their profit margins. But in a world of heightened competition and rapidly-shifting consumer demand, increasing price carries its own risks.

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Definitions: Provocateur. A person who or thing which provokes; a challenger, instigator, inciter, irritator; (in later use) specifically = “provocateur.” Incrementalism. Movement by degrees. Known by gradualism. . I am tired. For the past month, I have been working alongside companies implementing digital strategies. In my experience, during the first session, energy is high.

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Drug Companies Consider Blockchain for the Supply Chain

BlueYonder

Friday in 5 – interesting news from around the supply chain landscape, served up in one spot to keep you up to date. This week: how drug companies are experimenting with Blockchain technology; the evolution of Rent the Runway’s business model; how Amway’s digitalization efforts are resulting in a superior customer experience; a deep dive into America’s online shopping habit; and the impact of supply constraints on the services sector.

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Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Valuable items with lots of consumption rise to the top.

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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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Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

GlobalTranz

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. A TMS makes up only a fraction of the full truckload technology available to shippers.

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Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to? That doesn’t have to be a pipe dream. Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions. Supply chains are complex and full of inter-dependencies. A problem in one area can wreak widespread havoc on others.

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Understanding What’s Behind the High Demand for Flatbed Shipping

Logistics Viewpoints

High demand for flatbed shipping is rolling mightily into the peak periods of summer, continuing to drive historic supply issues across North America. While it’s difficult to predict how long it will last, what is predictable is that unprecedented demand of flatbed shipping will disrupt the typical cycles and seasonal trends we’ve come to expect, and make securing supply even more difficult as the market and carrier demographics remain fragmented.

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Utilizing WMS (Warehouse Management System): Top Ways to Get the Most out of Your WMS Investment

GlobalTranz

Across retail, the push to get more products to more consumers in less time is growing. Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? How do you know utilizing a WMS in your company is really working to benefit your enterprise?

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Talent Management in Logistics: Why It’s More Important than Ever

Talking Logistics

We often talk about the importance of people, process, and technology in Supply Chain Management, but many times the people dimension gets the short end of the stick, especially when most of the headlines today are about cool technology trends like blockchain, artificial intelligence and driverless trucks. Talent management is more important than ever, however.

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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 Potential of Blockchain Technology

Enterra Insights

“Potential” is an interesting word. It means something has the capacity to become or develop into something in the future; however, there are no guarantees the thing being discussed will ever achieve its potential. In discussions about blockchain technology, the word “potential” is often used. Many analysts have great expectations blockchain will achieve its potential in numerous economic areas; but, we’ll have to wait and see.

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Lineage Logistics: A Data-Driven Approach to Cold Chain

Logistics Viewpoints

Towards the end of last year, Steve Banker and I met with Greg Lehmkuhl, President & CEO, Sudarsan Thattai, CIO, and Chris Timmer, SVP Sales and Value-Added Services from Lineage Logistics. The name Lineage Logistics may not be a household name, but that is something the leadership team is used to. However, Lineage, a mid-cap company based in Detroit, Michigan, is one of the world’s largest and most innovative temperature-controlled supply chain providers.

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Using the Power of Maps to Enhance Your Supply Chain Visibility

Arkieva

Mapping makes it easier to identify patterns and understand your data in a way that's not readily available using a table or a graph. Here's how you can use different types of maps to enhance your supply chain visibility. Using the Power of Maps to Enhance Your Supply Chain Visibility was first posted on June 7, 2018 at 7:57 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. As trucking companies work to add equipment and to attract drivers, they are carefully choosing which shippers are first in line for the limited capacity they do have available.

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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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How to Leverage Digital Technology in the Supply Chain

Material Handling & Logistics

"The digital technologies hitting the marketplace today promise to make the changes in supply chain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business. As the pressures on supply chain teams—including those for sustainability, cost efficiency, and disruption and risk mitigation—are increasing and growing in complexity, supply chain organizations are struggling to both collect and analyze an overwhelming amount

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Intermodal Appeal Grows as Truckload Capacity Tightens

DAT Solutions

Will the ELD mandate spur an increase in market share for rail intermodal? Some believe the mandate is a watershed event for the intermodal segment, as electronic logs add to transit times for trucks, making intermodal even more competitive on long hauls. Ted Prince, COO of Tiger Cool Express, asserts that the ELD mandate changed market dynamics permanently in favor of intermodal.

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China Ramps up Production of Generic Medicine

Elementum

Last year, China boasted the world’s second largest pharmaceutical market. Recently, the country has taken steps to boost investments in its generic pharmaceuticals sector. How could a new flood of cheap, mass-produced generics from China affect the US pharma sector given current trade tensions? China and the Generics Market. The Chinese government is pushing for policies that encourage pharma companies to produce generic versions of their drugs.

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The Pros and Cons of Consolidating Manufacturing ERP Systems

synchrono

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. In this post, we’ll look at the pros and cons of consolidating ERP systems – and propose an alternative. When Two Worlds Collide. Whenever two or more organizations merge, they are almost always using different ERP systems.

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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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ModusLink’s 2017 Corporate Sustainability Report Underscores Commitment to Enabling Sustainable Supply Chain for Customers

ModusLink Corporation

This week ModusLink unveiled its 2017 Corporate Sustainability Report, highlighting the organization’s commitment to helping customers achieve sustainability goals. As the economy increasingly values ecological initiatives, ModusLink is excited to help clients go green by making sustainability a central component of its business strategy — offering environmentally responsible supply chain services to help shift the […].

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How We Can Leverage Blockchain to Increase Transparency in Supply Chains

EcoVadis

Blockchain, the innovative technology that powers the digital currency market, has gained prominence since the introduction of the cryptocurrency bitcoin in 2008. Soon after, banking institutes and financial markets began adopting blockchain to increase security and mitigate risks. Now, companies are starting to apply blockchain technology to improve supply chain management.

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Can Blockchain Help With Supply Chain's Biggest Dilemmas?

Elementum

When applied to supply chain management, blockchain proposes a system that is flexible and secure, allowing real time and transparent contracts between organizations and third party partners. It’s poised to strengthen supply chains vulnerable to ransomware from the inside out—but is it just better data management with a new name? Blockchain: The Cons.

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Increase efficiency by automating your supply chain workflows

TradeGecko

In the digital age, businesses need to use all the tools at their disposal to optimize their workflows and run the most cost-effective operational processes.

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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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[Webinar Recap] 4 Lessons Learned from the Working Capital Gamechangers Live Panel

Taulia

In this blog, VP of Marketing, Matthew Stammers, recaps on the 4 key lessons learned from last month’s webinar about working capital improvement solutions and how forward-thinking businesses stay on top of the game. Whether you’re a new, growing, or established business, working capital is crucial. Even more so in today’s digital economy – where every business requires funds to invest in new technology, so they can gain a competitive edge in a crowded marketplace.

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Robot-human Coordination Could Unlock Supply Chain Innovation

RFgen

Strategic automation strategies can unlock human potential in the warehouse. Warehouse automation is creating a situation in which organizations must develop strategies to ensure humans and robots can work together. In its simplest form, automation can take the shape of mobile barcode scanners – solutions that automate the process of data entry by letting users scan a code once and automatically have that data shared with relevant software systems.

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China Ramps up Production of Generic Medicine

Elementum

Last year, China boasted the world’s second largest pharmaceutical market. Recently, the country has taken steps to boost investments in its generic pharmaceuticals sector. How could a new flood of cheap, mass-produced generics from China affect the US pharma sector given current trade tensions? China and the Generics Market. The Chinese government is pushing for policies that encourage pharma companies to produce generic versions of their drugs.

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The Smart Logistics Network of the Future: Blockchain in the Supply Chain

BlueYonder

The numbers speak volumes! There is clearly tremendous interest among supply chain practitioners to learn, understand and share thoughts on Blockchain. In one of the best attended break-out sessions of FOCUS 2018, we joined forces with executives from leading companies to exchange thoughts on the impact and value Blockchain may hold for supply chain, as well as the challenges for adoption.

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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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Resilinc Predicts Capacity Shortfalls, Further Raw Material Price Increases for US Manufacturers

Resilinc

Resilinc predicts that if Chinese demand for US products materializes as projected, manufacturing companies in the US will begin to experience shortages, both of workers and raw materials. These shortages may jeopardize the ability of manufacturers to fulfill the increased demand. Indeed, on the logistics side of the supply chain, labor shortfalls are already evident, as a lack of truck drivers leaves companies unable to meet current levels of demand for products made in the US—never mind those

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Robot-human Coordination Could Unlock Supply Chain Innovation

RFgen

Strategic automation strategies can unlock human potential in the warehouse. Warehouse automation is creating a situation in which organizations must develop strategies to ensure humans and robots can work together. In its simplest form, automation can take the shape of mobile barcode scanners – solutions that automate the process of data entry by letting users scan a code once and automatically have that data shared with relevant software systems.

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Top Warehouse Safety Mistakes and How to Avoid Them

All Things Supply Chain

In 2016, 5% of warehouse workers experienced an occupational injury or illness.