2020

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Get Your COV On….

Supply Chain Shaman

…the weekend is just around the corner. Happy Valentine’s Day to all my blog readers. This is my 440th blog post and the tenth anniversary Supply Chain Shaman. It seems hard to believe that I have been typing away over these years building an audience of over 20,000 global readers. My friends would tell me to relax and get my Groove on b ut, I find myself deep into a presentation for a client’s design thinking session next week.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old.

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Supply Chain Resilience: Powering Through Crisis

Supply Chain Brief Submitted Articles

The onset of the COVID-19 unveiled grave dissonances in the supply chain of major grocery and retail stores that resulted in a loss of revenue.

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Is the Last Mile Ready to Deliver the COVID-19 Vaccine?

CHAINalytics

All over the world, scientists are closing in on a vaccine for COVID-19. The disease that has plagued the world for the past eight months has at least six vaccines undergoing final phase three trials. It’s been a record-breaking effort so far. But the most complex logistics challenge since World War II still lies ahead … The post Is the Last Mile Ready to Deliver the COVID-19 Vaccine?

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

New product introductions (NPI) are critical to any company’s success, but many of them never become household names. In fact, it’s estimated that up to 80 percent of new product launches in the consumer packaged goods (CPG) industry fail. Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss.

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects. Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. L ogistics providers like Maersk are forced to announce blank sailings due to curtailed demand. Avenues of transport are declining as major cargo airlines, like Cathay Pacific , drastically reduce flights to mainland China and Hong Kong.

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The World Is Rethinking Supply Chain Transportation Management

River Logic

Even these services struggled to deliver. While manufacturing also suffered, the transportation shortage was undoubtedly one of the biggest supply chain problems, in addition to the availability of stock, due to lockdown and increased demand on at-home deliveries.

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Reviving Retail: How to Expand Fulfillment Operations to Meet Holiday Sales Volumes

Tompkins Blog

As discussed in our last post, the COVID-19 pandemic continues to fuel rapid e-commerce growth, with online sales in May up nearly 93% over the previous year, according to a recent Mastercard SpendingPulse report. While many businesses already received the green light to reopen, a recent surge of coronavirus cases is now causing more consumers to turn to online shopping and even prompting some retailers to voluntarily shut down stores again, like Apple recently did in several states.

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3 Strategies Every Executive Must Deploy

The Network Effect

The post 3 Strategies Every Executive Must Deploy appeared first on The Network Effect.

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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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6 Key 2021 Supply Chain Trends to Watch

GlobalTranz

As the logistics industry prepares for the 2021 supply chain trends, an uncertain future becomes the problem. According to Manufacturing.net: “Supply chains make up an essential aspect of most businesses today, with 70 percent of industry professionals predicting that the supply chain will spearhead better customer service before the end of 2020. So as the year has.read More.

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The Top Five Benefits of Using Machine Learning for Demand Forecasting

Logility

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Ability to ingest and use a broad range of data; a system that is ‘greedy’ for data that yield new insights.

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A Beginner’s Guide to Omni-Channel Fulfillment

Logistics Viewpoints

Omni-channel retailing is arguably the hottest trend in supply chain management right now. With e-commerce continuing to grow, there is more focus on Web commerce than brick and mortar. The ongoing COVID-19 pandemic has pushed e-commerce to levels that would not have been believed just six months ago. For example, in the US, May alone eclipsed the entire 2019 holiday shopping season and $82.5 billion was spent online.

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Business Intelligence vs. Inventory Optimization: Are You Solving Symptoms Instead of the Real Problem?

ToolsGroup

In my decades of working in replenishment and inventory optimization, I’ve noticed that many companies seek solutions to symptoms rather than the underlying problem. I want to let you in on a secret: software companies are happy to sell you something you don’t need. Of course, you’ll never want to deal with that company again. What I try to do with my clients is to dig a little deeper to find out if they’re solving the real problem.

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The 25 Types of Innovation Dominating R&D Today

Innovation varies widely across sectors and organizations, creating value in diverse forms. Understanding different types is crucial for R&D teams to foster creativity and uncover missed opportunities. This guide explores 25 key types of innovation in management frameworks.

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The Future Trends In The Supply Chain Industry

All Things Supply Chain

The year 2020 marked not just the start of a new year, but also a new decade.

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Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture

Arkieva

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. Inventory Management – Navigating the Trenches Without Losing Sight of the Big Picture was first posted on July 22, 2020 at 7:59 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Seven Supply Chain Processes To Stop Doing In The Pandemic

Supply Chain Shaman

I remember standing in the temperature screening queue in Doha. As the line wound around multiple stations, my backpack cut into my shoulders. I was tired and cranky as I read the overview of MERS. As an United States resident, I was blissfully unaware of this virus and worried about catching my flight to Singapore. My ignorance of a potential pandemic was low.

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The Journey to the Factory of the Future

DELMIA Quintiq

While most people are staying home during the COVID-19 pandemic, many are on the front line. Not just in hospitals, but our manufacturers who are essential to society and doing their part helping to stop the global pandemic. These manufacturers are on the factory floor continuing to build, construct, create and prepare. Their need is urgent and the vision for a better tomorrow continues.

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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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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. Firefighting is the norm. It can also be challenging to decide where to invest.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. .

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Supply Chain Trends 2021

The Network Effect

The post Supply Chain Trends 2021 appeared first on The Network Effect.

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What is Multimodal Shipping?

GlobalTranz

Multimodal shipping represents how companies can find new value within their supply chains and augment efficiency without dramatically increasing landed costs. While multimodal continues to change in the wake of disruption from the pandemic this year, interest in new shipping strategies has exploded. The supply chain has been suffering due to the growing conglomerates like.read More.

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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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Why You Can’t Ignore the Inbound Supply Chain

Talking Logistics

Considering that customers are at the tail end of the outbound supply chain, and companies across all industries are competing on customer experience, it’s not surprising that the outbound supply chain gets a bit more love and attention than the inbound side. But the fact is that supply chains end-to-end are an interconnected system, so. Read more Why You Can’t Ignore the Inbound Supply Chain.

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Digital Transformation in the Supply Chain

Logistics Viewpoints

Digitalization is accelerating the pace of business and transforming global supply chains. In a freewheeling discussion at the ARC Industry Forum in Orlando, I spoke with Richard Howells, Vice President Marketing Digital Supply Chain at SAP about the trends, customer expectations, the challenges, and imperatives of digital transformation in the supply chain.

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Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The Coronavirus has demonstrated that the real world doesn’t play by the rules. The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.

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The path to recovery from COVID-19 – LogiSYM August 2020

The Logistics & Supply Chain Management Society

e-Commerce delivery overview in Southeast Asia. The first half of 2020 has been a rollercoaster ride for global and regional e-commerce logistics, setting off supply and demand shocks throughout the industry. Parcel Monitor tracks parcels all over Southeast Asia. Data collected from billions of parcels over the last 5 years, allows us to analyze changes in the e-commerce delivery ecosystem.

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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Coronavirus: Implications for supply chains and the people who power them

Kinaxis

by Jay Muelhoefer Today’s global supply chain leaders know to expect the unexpected. They prepare for natural disasters, sudden regulatory changes, social and economic shifts, and even cyber attacks. But some events are more disruptive than others. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

Today, I am reflective. My last post on the Supply Chain Shaman blog was forty-five days ago. I spent the month of March trying to help business leaders mitigate the impact of the pandemic. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts.

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Industry Trends in High Technology Manufacturing & Operations

DELMIA Quintiq

High Tech remains one of the most vibrant, innovative and fast paced industries in the world. Even with global disruption from COVID-19, demand for products has remained positive, albeit with far less predictability! As consumers, we continue to drive this demand for new products and experiences and the challenges for companies to keep up have become extreme: Sudden shortages of supply and supply chain networks Increasing regulatory pressures New form factors and integration into other products