June, 2018

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Definitions: Provocateur. A person who or thing which provokes; a challenger, instigator, inciter, irritator; (in later use) specifically = “provocateur.” Incrementalism. Movement by degrees. Known by gradualism. . I am tired. For the past month, I have been working alongside companies implementing digital strategies. In my experience, during the first session, energy is high.

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Still managing your inventory with spreadsheets?

ToolsGroup

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. These companies struggle to meet service level requirements while respecting financial impacts, and have almost no chance to do it optimally. So inventory optimization software is still “low hanging fruit” for those seeking higher levels of supply chain maturity and improved use of supply chain analytical tool

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Summer Reading 2018: Top 6 Blogs on Supply Chain Analytics

AIMMS

Want to avoid summer stagnation? To help you stay informed during the summer months and close the year with impact, we prepared a list of our most popular content for your reading and viewing pleasure. The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Read on to get all the goodies. . Best of our blog .

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The Business Case For a Modern Warehouse Management System

GlobalTranz

Maintaining scalability and efficiency in an omnichannel-driven world is difficult at best. Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range.

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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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A time of transition: 3 key trends for oil & gas in 2018

DELMIA Quintiq

The fall in oil prices transformed the global oil & gas industry. In the wake of its devastating consequences, companies have formed new business partnerships and become more open to embracing innovation. The industry is now recovering as prices have started to rise again, but the downturn has been a catalyst for continued evolution. Let’s take a look at what’s going on in the industry in this era of transformation.

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Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. This is the fun part of my job. It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement.

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Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Valuable items with lots of consumption rise to the top.

Modeling 197
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Top 6 Blogs on Supply Chain Analytics – Summer 2018

AIMMS

Want to avoid summer stagnation? To help you stay informed during the summer months and close the year with impact, we prepared a list of our most popular content on supply chain analytics for your reading and viewing pleasure. The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Read on to get all the goodies.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

The use of full truckload shipping is rising in popularity, resulting from its lower cost as compared to less-than-truckload (LTL) shipping. Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experi

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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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Industry 4.0 and Digital Twins

Enterra Insights

The American stage director Scott Ellis once quipped, “After raising twins, you get organized.” Manufacturing executives are beginning appreciate that bit of wisdom and are increasingly turning to digital twins to improve their operations. Jeff Hojlo ( @jeffhojlo ), program director, Product Innovation Strategies at IDC, predicts, “By the end of 2020, 65% of manufacturers will be using simulation and digital twins to operate products and/or assets, reducing the cost of quality

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Blockchain: Preventing E. Coli Through Enhanced Traceability

Kinaxis

by All By: APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is repubished with permission. Blockchain has been touted as the cure-all for everything from financial fraud to voting, but Wired magazine ’s Maryn McKenna suggested that blockchain could help prevent E. coli. How? Consider that in mid-April, the earliest signs of an outbreak of the disease surfaced in New Jersey.

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Parts Are Not Parts

Supply Chain Shaman

Companies state that they want bold change; but within the company, I find swirling inaction. It baffles me. Why? Companies are at a tipping point. Traditional processes are not sufficient and there is a war waging between traditionalists and reformers. Within IT organizations, there are many zealots of existing systems. I am speaking to companies that are being held hostage to SAP HANA upgrades with 70% cost overruns and 60% time schedule expansion.

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Are you ready to unlock opportunities in the poultry industry?

DELMIA Quintiq

The chicken industry, especially in the United States, is one of the most successful sectors in agriculture. In a little over 50 years, the industry has advanced from fragmented, locally oriented businesses into a highly efficient, vertically integrated, progressive success story, increasingly supplying customers nationwide and around the globe. Poultry meat, particularly chicken, is a staple diet in most households around the world.

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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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Zara supply chain analysis - the secret behind Zara's retail success

TradeGecko

It's not unusual to pass a Zara store and do a double-take - didn't you just see that on the catwalk? As a brand, their speed and responsiveness to the latest fashion trends are key to Zara’s competitive advantage. Owned by the distribution group Inditex, we had a look at what makes Zara so fast that the New York Times called it "mind-spinningly supersonic ".

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Utilizing WMS (Warehouse Management System): Top Ways to Get the Most out of Your WMS Investment

GlobalTranz

Across retail, the push to get more products to more consumers in less time is growing. Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? How do you know utilizing a WMS in your company is really working to benefit your enterprise?

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Digital Age, Digital Transformation, Digital Enterprise

Enterra Insights

Kernels of truth are often found in idioms. One such idiom advises us to “keep in step with the times.” As I wrote in a previous article, “Generally speaking, that’s pretty good advice. Companies failing to adapt over time have filled history’s dustbin. Going out of business probably wasn’t their goal; but, they discovered change is seldom easy.”[1] One reason companies fail to keep step with the times is their inability to identify exactly what the “times” ar

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Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to? That doesn’t have to be a pipe dream. Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions. Supply chains are complex and full of inter-dependencies. A problem in one area can wreak widespread havoc on others.

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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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How Can You Seize Opportunity If You Cannot Manage Risk?

Supply Chain Shaman

Global growth is slowing to levels of GDP. Notice that the average growth for consumer nondurables (often termed household products) is 1.7%, as shown in Table 1. This is a far cry from the pre-recessionary growth rate of 6%. Public markets reward growth; and as year-over-year revenues slow, companies attempt to grow using tactics like new product launch, price incentives and trade promotion management.

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What?s eating the meat industry: The disassembly dilemma

DELMIA Quintiq

Worldwide meat production has doubled over the last three decades and increased 20% in just the last 10 years. As meat consumption rises , the pressure is on meat producers to fullfill demand. To accomplish that, they need to be efficient at every step of their supply chain. The meat supply chain is long and complex. It starts from farm, slaughterhouse, processing, packaging and logistics, right up to retail and catering.

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Shippers Caused the Truck Driver Shortage

Logistics Viewpoints

Land O’Lakes Chief Supply Chain Officer, Yone Dewberry, told an audience at eft’s 3PL and Supply Chain Summit in Atlanta in on June 6th, “We’ve created it” (the truck driver shortage). “As an industry” (shippers), “we’ve done this to ourselves.” Land O’ Lakes is a member owned cooperative with revenues of $15 billion. The company is best known for dairy products, particularly butter, but the company also has divisions devoted to animal nutrition and seeds/crop […].

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What You Need to Know About Full Truckload Freight Allocation

GlobalTranz

Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. As explained by Dan Goodwill via Canadian Shipper, the problem goes much further than that, including lacking compliance management, subpar, if any, use of transportation management systems (TMS, and failure to utilize granular shipment activity data.

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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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Impact Factors of Supply Chain Management Journals

SCM Research

More than many other management disciplines, SCM has been very successful to professionalize and reinvent itself. A good indication for this development are the 2017 JCR journal impact factors , which have just been released. The only SCM journal with an impact factor above 6 is Journal of Supply Chain Management (6.105). Three SCM journals have impact factors between 4 and 5: Journal of Operations Management (4.899), International Journal of Production Economics (4.407) and International Journa

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Editor?s Pick: TMS Best Practices ? Your Strategy For Modern Technology

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this post, the project44 team highlights the importance of network connectivity, real-time information, and business intelligence and analytics in maximizing the value delivered by transportation management systems (TMS).

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Business Reporter: The Future of the supply chain

Kinaxis

by Mike McAllister Trevor Miles on achieving the path to supply chain transparency. When it comes to creating the perfect supply chain, it all starts with transparency. That’s the stance of Kinaxis thought leader Trevor Miles (follow @milesahead on Twitter), who recently sat down with Business Reporter journalist Alastair Greener in London, England to discuss the future of supply chain, and what the perfect supply chain might look like.

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Planning Optimized at Mach 2

Logility

Learnings from the 2018 Gartner Supply Chain Executive Conference. Last month I, along with 2200 other supply chain professionals, attended the 2018 Gartner Supply Chain Executive Conference in Phoenix Arizona. The four-day conference featured many interesting and educational sessions led by both Gartner analysts and supply chain practitioners. In between the room-packed sessions, there was time for networking and catching up with old acquaintances.

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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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Will Delivery Bots Revolutionize Last Mile Deliveries?

Logistics Viewpoints

Starship Technologies has designed delivery bots that make last mile deliveries. They are not the only company operating in this space, but they are the only company, that has moved beyond the pilot stage to actual commercial operations. To revolutionize last mile deliveries, continuing funding will be needed. The post Will Delivery Bots Revolutionize Last Mile Deliveries?

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Effective Warehouse Management in an Omnichannel World

GlobalTranz

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management.

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Supply Chains have always shaped the World

Enterra Insights

The term “supply chain” has an industrial feel to it; but, supply chains were around before the Industrial Age and probably predate recorded history. Paul Simpson reports, “Excavations of the dry bed of the ancient Lake Olorgesailie, in southern Kenya, led by American paleoanthropologist Rick Potts, suggest that our ancestors created the first supply chain between 305,000 and 320,000 years ago, at least 80,000 years older than we previously thought.”[1] What Potts discove