August, 2018

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My Boogie Woogie Trucking Shoes!

Tailwind

I was heading to baseball practice on Friday with my youngest – a newly-minted teenager – when the Eagles song ‘Witchy Woman’ came on the radio. The Eagles were in town that day, and the concert was happening that night. My mother in law, his grandmother, was attending the concert. We all pitched in to give it to her for her birthday: it was on her bucket list.

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Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. You can see Microsoft's version here on their and my slightly modified version below. The subway system is the lifeblood of New York City, carrying an average of 5.7 million people per day across 472 stations.

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Harmonizing production and maintenance: The key to minimized asset debt

DELMIA Quintiq

All too common practice. Asset-intensive businesses, such as mining, airlines, utilities, oil & gas and railroads have one thing in common: internal tension between production and maintenance. In our experience, maintenance is too often viewed as a necessary evil, and maintenance planners have told us that they have to fight for slots to do scheduled and preventive maintenance.

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Overcoming a shortage of supply chain talent

ToolsGroup

Editor’s note: There will be no blog post next week due to summer holidays. There is a shortage of supply chain talent. Supply Chain Insights reports that more than half of all companies are seeing an increase in employee turnover and experiencing unfilled job openings. In certain areas the problem is much worse. One senior manager at Boeing said he saw demand for supply chain professionals exceed existing talent by a factor of six to one.

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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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The Secrets of Top Performers: Fleet Management as a Competitive Weapon

Talking Logistics

From changing regulatory requirements and increasing freight congestion to excessive detention time and driver shortages , shippers and logistics service providers (LSPs) are struggling to balance the multiple issues impacting fleet management today. In addition, rising customer expectations for faster delivery, on-time shipments and real-time status updates are magnifying the pressure to perform.

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Gamification ideas in business: Your way to a more efficient supply chain

Kinaxis

by Emily Hunt Simply put, gamification involves the application of game design elements in a business setting. Gamification uses both intrinsic and extrinsic motivators to encourage users to perform at their best, fostering engagement through tactics ranging from simple – such as a progress bar, to those that are more complex – such as loyalty programs and immersive storytelling.

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[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

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Why Warehousing Matters

The Network Effect

There are few people today who believe that warehousing is simply a storage function – but many still have logistics. The post Why Warehousing Matters appeared first on The Network Effect.

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How Far Off is a Universal Quantum Computer?

Enterra Insights

Nearly every week scientists announce another breakthrough they claim takes us a step closer to developing a truly universal quantum computer. Elliot M. Kass notes, “Quantum computing theory has been around since the late 1970s, and a commercial system has been available for a decade. But persistent technical problems have impeded the widespread adoption of this potent new approach to data processing.”[1] The commercial system he mentions is a D-Wave system employing quantum annealin

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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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Finding a Warehouse in Today’s High-Demand Market

Talking Logistics

Finding the right warehouse is arguably one of the most important decisions your company will make. It has the potential to be not only be a powerful, industry-leading storage and shipping center, but also the literal hub of your logistics — including returns, reshipments, and other nuanced supply chain tasks. It needs the ability to grow with your ambitions without demanding too much of your bottom line, and there are a lot of configuration and feature choices to weigh before signing on t

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Blockchain Gains Traction in the Food Supply Chain

Logistics Viewpoints

12 of the world’s biggest companies, including Walmart and Nestlé, are building a blockchain to remake how the industry tracks food worldwide. The group is focused on solving the traceability problem is known as Food Trust. There are many initiatives using Blockchain. This initiative is further along than any other. The post Blockchain Gains Traction in the Food Supply Chain appeared first on Logistics Viewpoints.

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Transitioning to Digital Supply Networks

Kinaxis

by Mike McAllister By APICS CEO Abe Eshkenazi, CSCP, CPA, CAE. This article was originally published on apics.org, and is republished with permission. With the advent of the fourth industrial revolution, or Industry 4.0, supply chain professionals are expected to embrace many new technologies – from artificial intelligence and robotics to predictive analytics and cloud computing.

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The Current WMS Market Gets More Focus by Supply Chain Execs: Here’s Why

GlobalTranz

The current warehouse management system ( WMS ) market is expanding at an amazing rate, with a compound annual growth rate (CAGR) of 15.2 percent. Digital technologies, including cloud-based platforms, encourage interest in the current WMS market on the part of supply chain executives. By some estimates, reports Allied Market Research , the warehouse management system market will swell to more than $3 billion by 2022, and adoption of WMS systems is expected to continue with the IoT-based value

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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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Fighting Fake Drugs in the Pharmaceutical Supply Chain

The Network Effect

With the lucrative profits to be made from fake pharmaceutical drugs, even more than in the narcotics trade, fake drugs. The post Fighting Fake Drugs in the Pharmaceutical Supply Chain appeared first on The Network Effect.

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21st Century Sales Skills for Transportation and Logistics Professionals

The Logistics of Logistics

Download the audio file. Podcast Summary: In this podcast, Joe Lynch welcomes Ann Holm to the show. Joe and Ann discuss their upcoming sales improvement program. The program, 21st Century Sales Skills for Transportation Logistics Professionals begins Wednesday, September 19th, 1:00 p.m. EST and last 10 weeks. The sales improvement program was designed specifically for transportation and logistics professionals and their hectic, unpredictable schedules.

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Closing the Gaps in Supply Chain Visibility

Talking Logistics

Not having adequate visibility to your shipments, orders, or products is an ongoing challenge for many companies. You may have very good visibility in some areas of your supply chain, but have poor visibility or blind spots in other areas such as transportation. How do you go about identifying and closing those visibility gaps? How are new technology capabilities helping in this effort?

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Warehouse Robots Enable a Digital Transformation

Logistics Viewpoints

A leading MRO began a digital transformation three years ago. Because about half of this company’s 2017 revenues are related to warehousing services, several of their digital projects have been related to improving efficiency in their warehouses. This case study describes their approach to testing out mobile logistics robots. The post Warehouse Robots Enable a Digital Transformation appeared first on Logistics Viewpoints.

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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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Kinaxis once again positioned in Leaders quadrant of Gartner’s Magic Quadrant for Supply Chain Planning System of Record

Kinaxis

by Mike McAllister It’s important to feel validated, in life, and in business. That’s why we’re particularly excited to share the news of Gartner’s most recent research, the 2018 Magic Quadrant for Supply Chain Planning System of Record. In it, Gartner positions Kinaxis in the Leaders quadrant for the third consecutive time, providing what we think is some pretty weighty validation for our vision of what a supply chain planning platform should be.

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The Top 5 Changes That Occur With AI in Logistics

GlobalTranz

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true. The tech is fundamentally changing the way packages move around the world, from predictive analytics to autonomous vehicles and robotics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The

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Improve Manufacturing Performance with Total Productive Maintenance

Enchange Supply Chain Consultancy

When I first came across Total Productive Maintenance (TPM) I was sceptical of yet another ”blue sky” approach to pursuing manufacturing excellence. Surely, this would soon be replaced by the next set of buzz-word initials dreamed up by sharp-suited consultants. But no; I saw the light and now I’m a firm believer in this technique that originated in Japan.

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Solving the Supply Chain Planning Puzzle

Logility

The variety of products available through a growing number of distribution channels is truly amazing. Competition between brick and mortar and e-commerce retail channels, often within the same company, has led to a proliferation of products and services. In fact, on a recent trip to a Nike store I explored the NIKEiD program they launched a few years ago that allows customers to customize their footwear.

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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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Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

No doubt about it: this trucking environment is sending plenty of truckload budgets into the red. What can shippers do to navigate this market? Take your cue from the latest findings of MIT researchers. Using data from TMC, a division of C.H. Robinson , the researchers examined the best practices that separate Leaders from Laggards in getting better truckload rates and performance.

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A Maturity Model for Supply Chain Design

Logistics Viewpoints

LLamasoft has developed a maturity model related to supply chain design solutions. As a leading supplier of supply chain design solutions, this is a natural extension for them. Developing a maturity model, however, is not for the faint of heart. The model explicity ties ROI from a design project to the maturity level. The post A Maturity Model for Supply Chain Design appeared first on Logistics Viewpoints.

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Collaboration and Visibility in the Supply Chain

Oracle SCM

Tom McDonough , Sr. Director Product Marketing. One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. In 2013 Gartner defined end to end supply chain visibility (E2ESCV) as “a capability that provides controlled access and transparency to accurate, timely and complete plans, events and data – transactions, content

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7 Reasons ERP Systems Can Increase the Productivity of Your Manufacturing Industry

GlobalTranz

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency. The Manufacturing Industry Faces a Number of Challenges in its Daily Functioning ERP systems can augment smooth workflow and speed up inventory management, manage market fl

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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 cost savings versus sales & marketing budgets!

Enchange Supply Chain Consultancy

There is your dilemma. You need to save cash towards an expensive year-end holiday but you really do not know the best place from where to take the money. Do you take it from your day to day current account which is already set up to pay the routine monthly bills and invoices? Do you take funds out of an investment account that has not yet actually matured?

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Article: How Spot Quote Automation Savings Pay for Your Entire TMS

Supply Chain Collaborator

What if I told you that you could save enough money in one month on your spot market shipping to pay for an entire year of TMS platform subscription fees? I know it sounds crazy, but it’s true. Here’s the proof. Read the Article. The post Article: How Spot Quote Automation Savings Pay for Your Entire TMS appeared first on UltraShipTMS.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” To get an expert’s response to that question, I interviewed Michael Falls, Senior Manager of Operations at enVista , in a recent episode of Talking Logistics.