Sat.Jul 22, 2017 - Fri.Jul 28, 2017

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A Path Towards IoT Enabled Service Parts Planning

ToolsGroup

Editor's Note: This week we have a guest post from Bob Ferrari, Managing Director of the Ferrari Consulting and Research Group. This blog first appeared in Supply Chain Matters. It is the second in a series on how companies can build foundational service parts planning technology to prepare for the Internet of Things (IoT). In a previous blog , I declared that one of the most promising line-of-business areas that will benefit from Internet of Things (IoT) enabled technologies applied to supply c

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The Digital Supply Chain: How Are Supply Chain Managers Responding?

GlobalTranz

How do you define the digital supply chain? Do you isolate it to processes involving the internet, or do you take a more progressive approach and combine cloud-based technologies, integration and unmatched customer service into one, data-based solution? Most supply chains have been involved in digital processes for years. Even computerized picking systems rely on the digital supply chain, but the digital supply chain relies on the actions of supply chain managers for continued growth.

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Is Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

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Think Differently. Drive New Outcomes. Let Us Help You Build A Guiding Coalition.

Supply Chain Insights

Summer is ending. 2018 is right around the corner. Is it time to start to plan the new year? Forge a strategy? Engage employees? At this time of year, we find many companies planning workshops to stimulate thinking on building a digital supply chain and igniting next-generation supply chain thinking. If this is you, we would like to offer to help. We have four opportunities for engagement.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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On-Time In-Full (OTIF) and the Growing Demand for Real-Time Freight Visibility

Talking Logistics

Achieving end-to-end supply chain visibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freight visibility. Why has this become so important for shippers and third-party logistics providers (3PLs)? “We’ve always had systems that allowed you to get visibility within your own four walls,” said Bennett Adelson, CEO of MacroPoint in a recent episode of Talking Logistics.

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Is Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

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Time to Take Part in the Digital Enterprise Revolution

Enterra Insights

Revolutions occur when people are dissatisfied with the status quo and rise up to change things or when disruptive technologies … Continued. The post Time to Take Part in the Digital Enterprise Revolution appeared first on Enterra Solutions.

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Amazon Acquiring Whole Foods: A Wakeup Call for the Grocery Industry?

Talking Logistics

There’s certainly been a lot of buzz and discussions since Amazon announced its planed acquisition of Whole Foods. What impact is this going to have on the grocery industry? Is Amazon going to shape and transform the way we shop for groceries and have them delivered? What should other grocers do in response? “I think you’re kidding yourself if you don’t see this as a wakeup call for the grocery industry,” said David Caines, COO at Kenco Group in a recent episode of Talking Logistics.

Food 101
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What Should an LTL Transportation Management System Do for Me as a Shipper?

GlobalTranz

“Unsustainable.”. That is the word being used to describe the state of the logistics industry in 2017, reports William B. Cassidy of the Journal of Commerce. While it may not describe everything in supply chains, it does accurately describe the overhead costs today’s shippers and carriers have enjoyed recently. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs ac

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Is Your Logistics Chain Leaking? The IoT May Be the Answer

4WL Consulting

Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear.

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Upheaval in Retail Changes the Scene for Suppliers

Elementum

Following Amazon’s announcement of buying Whole Foods, Amazon’s stock rose 3% while Whole Foods shares skyrocketed 28%. With this acquisition, the world's largest online retailer just proved one thing: Amazon not only wants to dominate the e-commerce industry, they have a clear ambition to get a real foothold in the traditional brick-and-mortar businesses as well.

Retail 113
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This Week in Logistics News (July 24-28, 2017)

Talking Logistics

Amazon reported its Q2 2017 results yesterday. Revenues increased 25 percent to $38 billion in the quarter compared to Q2 2016, but profits fell by 77 percent as the company continues to invest heavily in its various businesses, including its logistics and fulfillment network. Shipping expenses increased 36 percent in the quarter to over $4.5 billion.

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Shipping Technology: Non-Tech Savvy Shippers Lose Advantage Over Time?

GlobalTranz

The usefulness of technology among shippers remains undisputed. Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Although it sounds ominous, shippers must be willing to become tech-savvy, or they will lose any existing competitive advantage they have.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

CHAINalytics

By Mike Eaton | Principal, Transportation | Chainalytics It’s become common knowledge that Walmart is in the process of implementing new, more stringent standards in regard to On-Time-In-Full (OTIF) delivery requirements. Reportedly, failure to adhere to these standards may result in punitive fines of up to 3% of product invoice value. For the transportation component, … The post How Will Walmart’s New OTIF Policy Affect the Supply Chain’s Transportation Component?

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SCI IMPACT! vs. the Beer Game

Supply Chain Insights

Recently I had the opportunity to go to Llamasoft headquarters in Ann Arbor, Michigan to play the game they have programmed for Supply Chain Insights around supply chain strategies and inside-out versus outside-in processes, SCI IMPACT! The game is a simple simulation of a supply chain where each month decisions are made by players and results are calculated in the game.

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What “Shark Week” Has in Common with Supply Chain Logistics

Supply Chain Collaborator

Guest Blogger, “Big Ed” Burns of Burns Logistics penned a fun post drawing the parallels between the complexities of monitoring the movements of mighty great whites and monitoring the movement of freight across supply chain networks. Both tasks require powerful technologies and a very careful, well-conceived strategy to be successful. A false step when trying to track a great white could cost you a limb, whereas poor visibility into freight movement and status will definitely cost

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Why an Integrated Business Planning Process Cannot Be Effectively Managed Using ERP and Spreadsheets

E2open

Why an Integrated Business Planning Process Cannot Be Effectively Managed Using ERP and Spreadsheets. alyssa. Wednesday 26 July 2017. John Lash, Vice President, Product Marketing, E2open. Breaking free of spreadsheets is an important milestone in the journey to a mature integrated business planning process. Excel is a natural starting place because everyone is familiar with it, but spreadsheets quickly become a limiting factor, impacting performance and holding back organizations from improving

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found.

Arkieva

Over the past few months, we’ve been running simulation tests on different demand forecasting methods: Winter’s additive & multiplicative, seasonal and robust seasonal. Then, we used MAPE to determine the forecast accuracy for each method. Here’s what we found. We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found. was first posted on July 27, 2017 at 1:12 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-comm

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Supply chain mapping meets blockchain tracking: Provenance partners with Sourcemap to power end-to-end, robust traceability for consumer goods

Sourcemap

Sourcemap, New York, and Provenance, London, link their digital platforms for supply chain transparency, enabling businesses in the food and fashion industries to map their supply chain, gather data and track verified claims with the movement of product. Combining Sourcemap’s upstream mapping, macro risk analysis, and data capture with Provenance-verified business and product claims, as well as downstream batch-level tracking for automatic supply chain traceability.

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How Hong Kong is Enhancing its Sustainability Efforts

EcoVadis

Ever since China ratified the Paris agreement, Hong Kong is under the spotlight to align with the global agenda and respond to the increasing stakeholders’ demand on sustainability effort. The Hong Kong government and the industries have been working towards a number of initiatives in enhancing Corporate Social Responsibility (CSR). This article aims to give an overview of the history and current CSR development in Hong Kong.

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Building a Stronger Supply Chain Through Collaboration

CHAINalytics

By Bryan Wyatt | Senior Manager, Transportation | Chainalytics | Is your operation structured to ensure the next link in the supply chain is more efficient than the last?> It’s common knowledge that every company is a link in a much longer supply chain, merely one stop in a longer journey. However, companies often focus … The post Building a Stronger Supply Chain Through Collaboration appeared first on Chainalytics.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Butter Prices Jolt Supply Chain

Elementum

We apologize to be the bearer of bad news to all butter-lovers out there, but there seems to be a shortage of your favorite dairy, which will effect not just Europe, but the rest of the world. Peter Tuborgh, chief-executive of a huge farmer-owned dairy company and considered the largest United Kingdom milk buyer, Arla Foods, just released a statement saying that a shortage of butter and cream before the 2017 holiday season is predicted in the UK.

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Achieving Supply Chain Agility

NFI Industries

Agility is having the ability to move with quick, easy grace 1. In supply chain, agility is desired to stay competitive and react to an ever-changing industry and market. With consumer demand deriving from multiple channels, there are potential risks for disruption or sudden changes to an operation. The lack of agility can lead to increases. Read More.

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The Supply Chain Team’s Impact on Capital Projects

NC State SCRC

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different. The supply chain function impacts a company’s financial performance through improved operations in several areas of the business.

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Robust Benchmarking Is Still The Exception

CHAINalytics

By Steve Banker July 24, 2017 Companies love benchmarking data. Its use helps “appropriately” reward managers and line level employees, set tactical improvement targets, and even drive strategic initiatives. Bad benchmarking data gives companies the illusion they are running their business professionally. It is often the opposite; bad benchmarking often leads to poor decisions.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Is Your Supply Chain Producing Too Much Waste?

AFFLINK

Unilever has officially achieved zero waste , and now it wants to help other companies follow suit. But what exactly is zero waste? Zero waste is primarily known as a sustainable supply chain management technique that describes when there is absolutely no extraneous material produced that must be sent to a landfill. However, the term “waste” in the supply chain is also used to identify other wasteful factors, including extraneous worker time, packaging waste, and storage waste.

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3 Reasons to Walk Away From Your Current Supply Chain Model

Supply Chain 24/7

In the traditional supply chain model, the supply chain is viewed as a cost center, but a global trade network model is viewed as a strategic, competitive asset.

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Google Glass 2.0 Highlights Accelerating Move to Augmented Reality in the Supply Chain

RFgen

Augmented reality smart glasses, like the ones offered by Vuzix, are making it easier to go digital without creating safety risks. Augmented reality empowers organizations to take the data and content that enterprise employees need and make it available to them in line with how they work. Implementing AR glasses gives users a place to display relevant work data while keeping their hands free, and the trend is rapidly taking hold in a variety of settings, including the supply chain.