February, 2018

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven.

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A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” (This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed. A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.

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How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.

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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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Benefits of integrating finance and supply chain operations

Kinaxis

by Alexa Cheater Bridging finance and supply chain operations improves efficiency. In my earlier blog , I examined common obstacles organizations face when bringing together finance and supply chain operations. Now let’s look at the rewards you can reap by actually doing so. Bringing together finance and supply chain operations can make your company more operationally savvy and improve financial efficiency through: Exposing potential risks and enabling executable and optimized plans.

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[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

GlobalTranz

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right.

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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

In today’s business environment, you can’t remain competitive without mastering supply chain analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven.

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Wiggins Discusses TMS and the Amazon Effect in The Logistics Journal

3GTMS

Lots of supply chains are dealing with the “Amazon effect,” which has led consumers to demand lightning-fast (and free) delivery times, last-minute order changes, and 100 percent order accuracy. While initially seen as just a retail problem, these expectations have now reached the B2B world as well. Managing the Amazon effect requires a host of […].

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How to Measure Inventory Health

ToolsGroup

Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. But from an operational supply chain planning perspective, turns is a crude metric because it doesn’t recognize the difference between “good” and “bad” inventory. For instance, you could have too much of some products, while not enough of others.

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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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The future of integrated business planning

Kinaxis

by Alexa Cheater Prescriptive analytics and artificial intelligence are coming. In my previous blogs I talked about integrating finance into supply chain operations, including outlining how integrated business planning (IBP) can help. Now it’s time to look at how IBP can take your supply chain to the next level of performance, and bring finance right alongside with you.

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5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For

The Network Effect

Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. However, the aviation. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect.

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These 5 Top Logistics Trends for 2018 are a Response to the Growing Customer Experience Movement

GlobalTranz

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. Yet, some may be asking, “why has demand increased so much?” To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement.

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What’s New in Last Mile Routing?

Logistics Viewpoints

Last Thursday, UPS announced its plans to deploy 50 plug-in electric delivery trucks supplied by the Workhorse Group. What increased UPS’s willingness to invest in these vans is innovative “smart charging” software that has implications for last mile routing. There are other interesting developments in last mile routing as well. The post What’s New in Last Mile Routing?

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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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The Importance of Demand Planning

Logility

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ Why? Often, these posts claim the proliferation of products and distribution channels coupled with the accelerated pace of the supply chain makes it too difficult to create accurate forecasts. Their solution: by sensing and reacting to customer demand at the point of purchase there is no longer a need for projecting demand based on history.

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Supply Chain Control Towers: Visibility, Collaboration, and Optimization

Talking Logistics

One of my predictions for 2018 is that Supply Chain Visibility Will Get Clearer, More Real-time, and More Predictive with Machine Learning and Enhanced Data this year. A big part of this trend is the continued evolution of Supply Chain Control Towers. Where is this technology today compared to the past? What factors are driving demand for it? How are companies deriving value and benefits from digital supply chain control towers?

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Supply chain planning – it’s time to get personal

Kinaxis

by Bill DuBois When sacrificing family time becomes the norm. Supply planning – to profitably align supply with demand. It sounds like something you could get done during an honest day’s work. As it turns out, it’s not that easy. When I was planning supply, it wasn’t unusual to have a dinner interrupted, a weekend cut short or a vacation disturbed. That happened to be the norm.

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Gartner's 8 Supply Chain Trends You Can't Ignore

River Logic

Gartner recently identified the top eight disruptive technologies most likely to impact organizational supply chains in 2018. Keep in mind, these trending technologies are scattered throughout the various stages of the Gartner Hype Cycle , which charts the development of technologies from concept to maturity and adoption. Starting with those closest to commercial viability, here the the eight supply chain trends you can't ignore.

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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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6 More Logistics Technology Trends Enabling Success in 2018

GlobalTranz

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.

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Omni-Channel Order Management Growth Drivers

Logistics Viewpoints

Omni-channel order management is essential for today's changing business environment. While integration issues abound, the market for OMS is poised to grow. This is due to a combination of factors including cloud deployments, increased use of ship from store, and artificial intelligence. The post Omni-Channel Order Management Growth Drivers appeared first on Logistics Viewpoints.

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Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accele

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Why Taxing Automation is a Bad Idea

Talking Logistics

Late last year, a San Francisco politician launched a statewide campaign to raise money for a California ballot that would penalize private enterprise for embracing automation in the workplace. The website, called “Jobs of the Future Fund,” boldly states: “The idea is simple: if an employer replaces a human worker with a robot or algorithm, he or she would pay a tax.

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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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The ultimate Kinaxis credential

Kinaxis

by Joe Cannata It all started a little more than two years ago with two supply chain management certification exams — Kinaxis® Certified RapidResponse® Author Level 1 and Kinaxis Certified RapidResponse Administrator Level 1. Since then, we’ve grown our supply chain management exam portfolio to provide exams for contributors, authors and administrators, while also adding integration- and application-focused exams.

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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.".

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The Top 10 Features of Effective Supply Chain Managers

GlobalTranz

Editor’s note: Today’s blog is from our friend Brandon Stanley. Brandon is a writer connected with digital marketing and supply chain management. In this article, he writes about the characteristics of an effective supply chain manager. . [WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

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3 Air Freight Trends to Watch for in 2018

Logistics Viewpoints

The air freight landscape has experienced some dramatic shifts in recent years. In fact, those events seem likely to produce some headwinds for air freight shippers in 2018 in locating available air capacity, especially during peak seasons. Over the last few years, digitization has become more prominent in the air industry. As in most industries, big data obtained in real time, from real events, combined with flexible management, is helping air carriers take a 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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FMCG Supply Chain: Chaff innovation, is it worth it?

Enchange Supply Chain Consultancy

By the end of February over 19% of the year will be behind you. Think about that for a minute. If you follow a financial calendar year you probably put your Annual Plan to bed in October and now nearly 20% of the available selling time has already gone. Shocker!

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Trade Compliance: Still Think It’s Just Paperwork?

Talking Logistics

Still think trade compliance is just paperwork? Still managing it with Excel spreadsheets? An article in the Wall Street Journal last week by Henry Cutter ( Whistleblower Lawyers See a Growth Area: Customs Fraud ) is another reminder of why trade compliance is not just paperwork or a low-priority cost center hidden in the basement of your company — it’s a high-risk, strategic business process that is only getting riskier and more complicated.

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European startups secure over EUR160 million of investment capital

Supply Chain Movement

Following on from the popularity of startups in the Europe-wide fintech sector, investors now seem to have spotted significant potential in supply chain management. Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement.

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