February, 2020

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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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What Is Demand Sensing and How Do You Get Started?

ToolsGroup

“Good old supply chain. It just gets simpler every year!”. … said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. Internet-fed trends are changing at hyper-speed. As businesses use more “levers” to influence demand, demand variability grows.

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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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Observations on Artificial Intelligence in the Supply Chain Market

Logility

With 2020 well underway, it’s a great time to pick a hot industry topic and subject it to a “state of the state” evaluation. And where better to start than Artificial Intelligence (AI) in the supply chain market? During this frothy, buzzword-laden phrase, we’ve seen a lot of shiny objects competing to exploit legitimate excitement around Artificial Intelligence, and in the process they may be creating confusion.

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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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Food Chain Transparency – One of tomorrow’s most important supply chain goals?

All Things Supply Chain

A few weeks ago, I overheard a conversation in a rural private household about whether it would be worthwhile to keep their own laying hens in order to remain independent…

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11 Inventory Management Best Practices & the Role of Technology

GlobalTranz

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The coronavirus outbreak has the whole global community concerned and hoping for the swift containment of this humanitarian crisis. . In addition to the terrible human cost, the virus is also sending ripples throughout the global supply chain. The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk.

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The Supply Chain of Your Valentine’s Day Flowers

Kuebix

The History of Valentine’s Day Valentine’s Day existed in a variety of forms before settling into its fixed date of February 14th. It can be traced all the way back to a mid-February holiday on the ancient Roman calendar, existing as a day to celebrate the possibility of new life even before Saint Valentine was […]. The post The Supply Chain of Your Valentine’s Day Flowers appeared first on Kuebix.

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What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? You must surely know the story of Goldilocks and the Three Bears? Wait, what has this got to do with inventory forecasting? The Goldilocks Principle of having something that is not too hot and not too cold has been used for everything from the search for habitable Earth-like planets to inventory management, and of course, the perfect porridge temperature.

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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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Will coronavirus affect your supply chain?

DAT Solutions

Coronavirus is getting a lot of attention, but it hasn't had much impact on domestic freight in the U.S. so far. If the slowdown in Chinese exports continues beyond the end of February, however, the effects could ripple through worldwide supply chains and reduce demand for freight transportation here. Trucking will likely be the last transportation mode to be affected.

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Is Your Supply Chain Ready for 2020?

DynaSys

Are you ready for the future? 2020 is not science fiction anymore, it’s right now. . Faced with an unstable economic environment in which change is the only certainty, companies are operating today in a new world. Global trade, geopolitics, climate changes, natural disasters, digitization, the increasing demand for customer flexibility and the volatility of consumer demand increase supply chain complexity.

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Is S&OP Excellence Slip Slidin’ Away?

Supply Chain Shaman

At what point does erosion cause the side of a mountain to give way? It is usually the small shifts… over time, there is degradation. And, then suddenly, the mountain gives way collapsing to the land below. S&OP Slip Slidin’ Away. …the same is happening in supply chain processes. This week, as I worked on my Sales and Operations Planning (S&OP) report, I found myself tapping my foot to the same music in my head, as I asked myself the question, “Why are companies getting

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The Ever-Expanding Role of AI and AR in Food Logistics

GlobalTranz

The food supply chain is unlike any other. While electronics, automotive, and consumer goods’ supply chains promote their products, the food supply chain represents a basic human necessity–food. As a requirement to everyone, foods and beverages deserve a highlighted view of the use of new technologies, including artificial intelligence (AI) and augmented reality (AR) to.read More.

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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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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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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

2020 seemed a world away just a few years ago and yet, here we are. This promises to be a very eventful year. What’s on the horizon for supply chain professionals? Here are three trends to consider. . Sustainability on the agenda. Compani es are increasingly under pressure to become more green. Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall.

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Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. But Rome wasn’t built in a day, and digital roadmaps that align with company goals do not take shape overnight.

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Coronavirus and the Automotive and Pharmaceutical Supply Chains

Logistics Viewpoints

Earlier this week, the death toll from the Wuhan coronavirus rose to over 1,000 people, invoking memories of the 2003 SARS outbreak. While the human aspect of this outbreak is clearly the biggest story, the virus is causing major disruptions in global supply chains as well. As my colleague Steve Banker pointed out yesterday, the global high-tech supply chain has been hit particularly hard.

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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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Welcome Puff, The Magic Dragon, to Your Team

Supply Chain Shaman

Remember the Peter, Paul and Mary song, Puff the Magic Dragon ? It was a song from my youth. While there is a raging debate on song intent— Was the goal of the song to celebrate a children’s story from Oliver Wilde about the loss of innocence or is it a statement about the use of drugs? —in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee.

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Freight & Transportation Management Trends for 2020 to Know

GlobalTranz

The transportation management trends for 2020 reflect a growing consensus that new technology and visibility will define the successes of the future supply chain. Adoption rates for new services and cloud-based technologies are climbing, and the global transportation management system (TMS) is expanding. In fact, according to FreightWaves, the global TMS market will achieve a.read More.

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A Manufacturer’s Guide to E-Commerce Fulfillment Excellence

Talking Logistics

There is substantial evidence of how e-commerce has dramatically transformed supply chain and logistics operations over the past two decades. But while its impact on retailers has been well documented, e-commerce has also created new challenges and opportunities for manufacturers. What are some of these challenges and opportunities? How can manufacturers achieve e-commerce fulfillment excellence?

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How Your Business Can Improve Sales and Operations (S&OP) Planning With Software

Demand Solutions

Sales and operations planning, also known as S&OP, is a key business activity for production heavy firms. It integrates sales & marketing strategies with supply chain considerations, allowing for a more unified mission across multiple departments of the business. So how can your firm improve your sales and operations planning? This is a short guide on how to do so.

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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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Is Demand Sensing Right for your Business?

Logility

The accuracy of conventional time-series forecasts eventually hits a ceiling. Why? Because historical data is a flawed predictor of supply chain conditions over a short period of time. Even high-volume consumer packaged products with well-understood seasonality established over decades continue to experience high near-term forecast error rates. Consider adding demand sensing to your planning mix.

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Make Your Supply Chain a Sustainability Champion

Logistics Viewpoints

Today’s headlines are filled with disheartening news about climate change, resource depletion, pollution, hunger, access to clean water, and poverty. The world is paying a high price for the traditional “take, make, use, waste” philosophy that failed to consider the long-range social and environmental consequences of mass consumerism. In response, in 2015 more than 190 countries joined to endorse 17 sustainable development goals (SDGs) ?

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts. As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. Other recent examples include Mercedes-Benz’s pilot project for using blockchain to track CO2 emissions and Perrier’s program winners for developing sustainable and circular pack

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Supply Chain Productivity: The Role of Employee Engagement

GlobalTranz

Whether you operate as a small local supply chain or work with international partners and investors, engaging your employees on a more personal level can drastically improve your bottom line going forward. According to Forbes, highly engaged teams exhibit 21% greater profitability, with a 41% reduction in absences and 59% less turnover, improving not only.read More.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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[Video] The Value of Supply Chain Quality Management in the Aerospace and Defense Industry

Talking Logistics

Bill Alrich, Customer Solutions Representative at Elemica, discusses the value of supply chain quality management in Aerospace & Defense industry. Podcast version (click to play): The post [Video] The Value of Supply Chain Quality Management in the Aerospace and Defense Industry appeared first on Talking Logistics with Adrian Gonzalez. Bill Alrich, Customer Solutions Representative at Elemica, discusses the value of supply chain quality management in Aerospace & Defense industry.

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Coronavirus impact on supply chain

TradeGecko

Given the recent outbreak of the Novel Coronavirus (nCoV), authorities have advised their citizens to avoid traveling to China, along with international airlines suspending or altering their flights. With the global rise in fear and uncertainty, what kind of impact should businesses with suppliers based in China expect?

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“Optimized” Inventory Forecasting a Co-Product of Optimized Central Planning

Arkieva

In a recent blog on Inventory Forecasting the core challenges and business importance of estimating inventory are outlined. A projected inventory position across time (plan) is a natural co-product of most central or master planning models that match assets with the demand to create a projected supply line linked to demand. “Optimized” Inventory Forecasting a Co-Product of Optimized Central Planning was first posted on February 18, 2020 at 8:08 am. ©2017 " Supply Chain Link Blog - Arki