Sat.Aug 04, 2018 - Fri.Aug 10, 2018

article thumbnail

Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

GlobalTranz

Supply chain risk is at the forefront of supply chain executives’ minds. Proper risk management can help supply chains navigate the complexities of post-hurricane recovery and increase productivity. Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Unfortunately, not all supply chain leaders take the time to consider what may happen and how it will adversely affect productivity and the flow of products.

article thumbnail

How Supply Chain Lost Its Mojo

Supply Chain Shaman

mo·jo: noun. A magic charm, talisman, or spell. “someone must have their mojo working over at the record company” In the 1990s supply chain had MOJO. Then it was sexy. Today, it is not. 90% of public manufacturing companies are treading wate r. There is struggle. Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Blurring Line Between Retail and Logistics

Elementum

Our notion of convenience is evolving. Being able to offer options, from product variety to flexible delivery schemes, is essential for every business. That’s probably why some of the biggest companies in the world are moving beyond retail to establish their own logistics task forces. From Amazon to FedEx, the line between e-commerce retailer and logistics provider is blurring.

article thumbnail

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. You can see Microsoft's version here on their and my slightly modified version below. The subway system is the lifeblood of New York City, carrying an average of 5.7 million people per day across 472 stations.

Modeling 149
article thumbnail

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.

article thumbnail

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

GlobalTranz

Service level agreements (SLAs) can vary in scope, complexity, duration, and value. Managing supply chain SLAs have the added complication of geographic and cultural barriers. Contract details may vary by region, and individual locations may be subject to unique contractual stipulations that other locations never see. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms.

More Trending

article thumbnail

Transitioning to Digital Supply Networks

Kinaxis

by Mike McAllister By APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is republished with permission. With the advent of the fourth industrial revolution, or Industry 4.0, supply chain professionals are expected to embrace many new technologies – from artificial intelligence and robotics to predictive analytics and cloud computing.

article thumbnail

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. You can see Microsoft's version here on their and my slightly modified version below. The subway system is the lifeblood of New York City, carrying an average of 5.7 million people per day across 472 stations.

Modeling 120
article thumbnail

[PODCAST] Blockchain and The Digital Supply Chain’s Role in Creating a Competitive Advantage & Reducing Operational Costs

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Chris Kirchner, CEO & Founder of Slync a supply chain automation platform revolutionizing the ways partners collaborate using Artificial Intelligence, Workflow, and Blockchain. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

article thumbnail

Fighting Fake Drugs in the Pharmaceutical Supply Chain

The Network Effect

With the lucrative profits to be made from fake pharmaceutical drugs, even more than in the narcotics trade, fake drugs. The post Fighting Fake Drugs in the Pharmaceutical Supply Chain appeared first on The Network Effect.

article thumbnail

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?

article thumbnail

Blockchain Gains Traction in the Food Supply Chain

Logistics Viewpoints

12 of the world’s biggest companies, including Walmart and Nestlé, are building a blockchain to remake how the industry tracks food worldwide. The group is focused on solving the traceability problem is known as Food Trust. There are many initiatives using Blockchain. This initiative is further along than any other. The post Blockchain Gains Traction in the Food Supply Chain appeared first on Logistics Viewpoints.

Food 112
article thumbnail

The Beginning of the End of the “Extended Workbench”?

SCM Research

Exports can be decomposed into a foreign value added (FVA) and a domestic value added (DVA) component. FVA is a key measure of the importance of global supply chains. It refers to the imported goods and services incorporated in a country’s exports. DVA relates to the contribution of a country’s own (i.e. domestic) factors of production. The 2018 World Investment Report , recently published by UNCTAD, shows that “[f]rom 1990 until 2010, the share of FVA in total exports rose continuou

Modeling 110
article thumbnail

Gaining Supply Chain Efficiency By Implementing Artificial Intelligence

GlobalTranz

Artificial intelligence will change the way you think about your supply chain and supply chain efficiency. Today’s supply chain complexities demand additional support. You cannot afford to pass up on automating at least some of the processes. And no, you don’t have to have robots replacing all your human workers at your facility. AI goes beyond just robots to include automated processes in computers and more.

article thumbnail

Artificial Intelligence – beyond the hype, the experts, its weak spots and losing your job

Supply Chain Trend

In our household we love our Google Home. My girls use it continuously to play music, ask silly questions, jokes, do calculations and spell difficult words amongst other things. I use it to voice command my shopping list, set a timer and book meetings in my agenda. Speeking to and interacting with a little machine in my living room, that has the capacity to both understand and create communication, is a great example of how Artifical Intelligence has infiltrated our lives.

article thumbnail

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

article thumbnail

Devon Energy Uses Real-time Visibility to Improve Trucking Operations

Logistics Viewpoints

Devon Energy generates huge volumes of data. The company’s real-time data system monitors 6.5 million data points from multiple sites, with more than 10,000 updates per second. Devon Energy has worked to change real-time visibility into actionable insights for better truck scheduling. The post Devon Energy Uses Real-time Visibility to Improve Trucking Operations appeared first on Logistics Viewpoints.

article thumbnail

FMCG Supply Chains – The most important roles?

Enchange Supply Chain Consultancy

I am often asked which job in the extended Supply Chain is the most important. For FMCG producers this may be the demand planner while for retail partners the key role could be innovation planning. I do have a view on this so park the question for now and read on.

article thumbnail

Supply Chain Management With Blockchain: How the Blockchain Enables Supply Chains to Focus on Customer Experience

GlobalTranz

Customer experiences have a vital bearing on the success or failure of today’s supply chains. In recent months, sustainability and ethical business practices have become cornerstones of the ongoing conversation about how to govern people and manage a business effectively. Without political diversion, today’s companies must take an active role in increasing positive customer experiences and meeting stringent ethics and sustainable practices.

article thumbnail

Announcing Enterra Solutions 2nd Annual Cognitive Computing Summit

Enterra Insights

You are invited to join Enterra Solutions® for in-depth conversations on the rise of the Intelligent Enterprise with a focus on Supply Chain Optimization. Cognitive Computing, defined by Enterra as Artificial Intelligence in the form of Semantic Reasoning + Sophisticated Mathematics, addresses the complex, multi-faceted problems faced by leading organizations today by creating an autonomous decision sciences platform that enables game changing applications.

Six Sigma 100
article thumbnail

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.

article thumbnail

Ten Steps to Managing Inbound Freight: A Coordinated Dance between Shippers and Suppliers

Material Handling & Logistics

Learn how to gain better visibility over your end-to-end supply chain. There is a profound difference between inbound and outbound logistics—inbound deals with the delivery of raw materials or goods coming into a business while outbound logistics refers to goods going out. Inbound logistics operations involve a relationship between suppliers and a business, while outbound relates to the business, its products and its end customers.

article thumbnail

GreyOrange to showcase its end-to-end robotics logistics solutions at CeMAT Australia

Manufacturing & Logistics IT

GreyOrange, a multinational robotics and supply chain automation company, and Advanced Warehouse Solutions, its distributor in Australia, will showcase the Butler range of robotics solutions at CeMAT Australia 2018, at the Melbourne Convention and Exhibition Centre from 24 to 26 July.

article thumbnail

Separation Pangs: What Does The Post-Brexit Supply Chain Really Look Like?

Elementum

With England’s legal separation from the EU going into effect next March , companies with supply chains spanning the two regions have had their eyes and ears glued to ongoing trade talks. Their focus? Keeping their manufacturing and supply lines in step with whatever trade policies the European powers decide on. Decisions that occur at the bureaucratic level in the next seven months will drastically affect supply chain dynamics not only in Europe, but across the globe.

article thumbnail

Additive Manufacturing continues to Mature

Enterra Insights

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). Four years ago Matthew Timms wrote, “Cited by some as ‘the next industrial revolution’, 3D printing is slowly reshaping the traditional supply chain, and could conceivably be the single most disruptive breakthrough since progressive assembly.”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next indust

article thumbnail

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.

article thumbnail

The Indispensable Role of WMS in Reverse Logistics

Veridian Solutions

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

article thumbnail

Three Real-World Motives for Greening the Supply Chain

MIT Supply Chain

Enterprises have devoted – and continue to devote – resources to green supply chain initiatives. Officially, companies often champion their environmental credentials in glossy reports, speeches and media interviews. Behind the scenes, however, many will admit that they do only the minimum for three basic reasons. Risk mitigation. Regardless of the degree to which company […].

article thumbnail

Forecast Accuracy: Why It Matters and How to Improve It

E2open

Demand forecasts underpin essentially every major business decision, but discussions about forecast accuracy rarely get visibility outside of supply chain organizations, let alone at the board level. In this white paper, learn why forecast accuracy matters and how it drives key financial metrics. The post Forecast Accuracy: Why It Matters and How to Improve It appeared first on E2open® | Demand.

article thumbnail

The Blurring Line Between Retail and Logistics

Elementum

Our notion of convenience is evolving. Being able to offer options, from product variety to flexible delivery schemes, is essential for every business. That’s probably why some of the biggest companies in the world are moving beyond retail to establish their own logistics task forces. From Amazon to FedEx, the line between e-commerce retailer and logistics provider is blurring.

article thumbnail

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.

article thumbnail

Inefficient supply chains are costing UK business £1.5bn per annum

Manufacturing & Logistics IT

Supply chain inefficiencies and miscommunication through "Chinese Whispers" are costing UK businesses over £1.5bn in lost productivity according to analysis of industry data from digital freight forwarder Zencargo.

article thumbnail

Tips for Maximizing Warehouse Space

Veridian Solutions

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Online and mobile innovations are at the heart of increased traceability and visibility, and products must be delivered at break-neck speeds. More importantly, demand for warehouse space is at an all-time high, and warehousing is still short two million workers.

article thumbnail

Survey Results: Strategies for Inventory Optimization

E2open

Inventory management is a key contributor to the bottom line for every company with a supply chain. Clear visibility to all inventory in all locations eludes many companies, leading to inaccurate inventory forecasting and costly expedites, among other problems. The results from this survey highlight the challenges and opportunities that leading companies across multiple industries have with their inventory visibility, levels and more.