May, 2017

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How Lazy, Entitled, Coddled Millennials Strengthen Supply Chains

Supply Chain Insights

Well I hate to admit it, but I am *technically* a millennial. (I like to think since I’m on the older side of the generation I’m just a bit wiser.) I worked with millennials when I managed interns in the central planning group at my last company. I have also recruited, interviewed, and trained many younger employees. I don’t like to admit I’m a millennial because they have quite a few negative connotations associated with them.

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Omnichannel Vs. Multichannel Supply Chain: What’s the Difference?

GlobalTranz

In supply chains, omnichannel solutions are often used interchangeably with multichannel solutions. On the surface, both forms of supply chain operations seek to provide multiple sales channels to consumers. However, understanding the elements of omnichannel vs. multichannel supply chain is essential to maximizing profit margins in a tightening economy.

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Industrie 4.0: Its Impact on Supply Chain Planning

ToolsGroup

Industrie 4.0 is an initiative for digitizing the industrial economy. The “4” refers to a fourth industrial revolution, following steam power, mass production, and then IT and robotic automation. The German government kicked off the initiative with a focus on advanced manufacturing, but businesses are also linking Industrie 4.0 to supply chains. The clearest impact on supply chain planning involves demand.

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Aspire, challenge and transform: Insights from the Gartner Supply Chain Executive conference

Kinaxis

by Dr. Madhav Durbha I enjoy attending conferences. They give me the opportunity to reflect, reconnect and recharge. One conference I recently attended is the Gartner Supply Chain Executive conference in Phoenix, Arizona. With a lineup of very inspiring speakers, provocative content and pragmatic use cases shared by practitioners, the event certainly lived up to the theme of ACT (aspire, challenge and transform).

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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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Three New Insights on Supply Chain Talent

Supply Chain Shaman

On Tuesday this week I will present the findings from the recent Supply Chain Insights study at the Penn State Forum. As I worked on my presentation, three themes emerged. 1) Opportunity. The most satisfied respondents on the survey were technologists and academics by profession, Baby-Boomers by age group, and those with the ability to work from home.

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6 Reasons Why Companies Need IoT

Oracle SCM

During my time as a p rofessional cyclist, I learned that the more information and technology I could leverage, the faster I rode. As technology improved, the data and insights I collected from daily training optimized my performance. I monitored things like heart rate, power, and nutrition and incorporated all of it into my routine. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and

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5 Reasons Why The Use of the IIoT by Manufacturers Is Unavoidable

GlobalTranz

The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. However, the IIoT is beginning to encroach on all aspect of manufacturing and supply chain management for its wide-ranging deployment and application to improving processes. In addition, the IIoT’s nature allows companies to reduce overhead and maximize efficiency without dramatically increasing initial investments.

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Gartner Releases a New S&OP Magic Quadrant

ToolsGroup

Gartner Research just released its new Magic Quadrant for Sales & Operations Planning Systems of Differentiation (S&OP SOD). They say that compared to just two years ago “there have been significant shifts in the relative positions of several vendors.”. Gartner says that the moves have been driven mainly by a significant uptick in overall S&OP maturity of the users it surveyed, which required S&OP solutions to keep pace with increased user demands.

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I Left My Job

Supply Chain Insights

Recently I left a company after 14 years of service. That’s a long time to be at the same place, and it’s uncommon. I experienced multiple changes in leadership, structure, focus, and strategy. During times of change, I soaked up every scrap of a lesson that I could scrounge. During stable times, I knocked out some of the ideas I had accumulated, those “wish I had the time for this” projects.

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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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Good People Can Make A Difference In Outcomes

Supply Chain Shaman

I closed the door of my hotel room, and grimaced at the over-flowing trash can. Heaped high with plastic, it violated my principles as an environmentalist. Ironically, in the city of San Francisco which alleges allegiance to Corporate Social Responsibility, I had no option. As a frequent traveler, sometimes the road stories are ones that we would like to forget.

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Purchasing & Supply Management: What We Should Teach (Guest Post by Lydia Bals)

SCM Research

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Professional purchasing & supply management (PSM) forms the link between a complex network of internal and external stakeholders with increasing international dependencies and performance requirements. As part of the PERFECT project (Purchasing Education and Research for European Competence Transfer) a group of researchers conducted case study researc

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Top Talking Logistics Posts and Episodes (Q1 2017)

Talking Logistics

The new year is more than a quarter behind us and it continues to speed along. There’s never a dull moment in this industry — always something new on the horizon, whether it’s new technologies, regulations, competitors, risks, or opportunities. What will tomorrow bring? Why is it important? How should you respond? Those are some of the questions we explore in our blog posts and video episodes, and as you can see from the lists below, we’ve tackled a lot of interesting and important topics

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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

Imagine a world where automation comes together with technology to deliver products without human intervention. An order is placed by a consumer. 3D printers pickup the details and print the finished product. It’s then picked by robots from the shelves, packaged and placed into a self-driving truck. The trucks leave the facility, and drones are automatically dispatched from the truck to deliver products while moving.

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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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Reducing Risk in Your Supply Chain

The Network Effect

by Sara Shingleton, Tompkins International No one can predict potential future risks that a supply chain may face. However, you. The post Reducing Risk in Your Supply Chain appeared first on The Network Effect.

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The Empowered Consumer and Trade Promotion

Supply Chain Insights

Trade promotion execution is but one component of the Consumer Chain, albeit a very critical one indeed. So, in a recent conversation about trade promotion execution with the head of a corporate revenue management organization I asked the question: “Where does the consumer fit in all that?” After a short delay, he answered, “Nowhere really – TPM is essentially a deal between us and the retailer.”.

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[Video] Adapting supply chains to the digital phase of business

Kinaxis

by Melissa Clow This blog is part of a video interview series. Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. There’s no doubt that the digital supply chain is of great benefit to a company, but we need to look at the world of social media to learn how to maximize use of digitalization, says Trevor Miles, vice president of thought leadership at Kinaxis.

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Top 10 Times You Need Supply Chain Interim Management

Enchange Supply Chain Consultancy

I have been talking to a number of supply chain executives during the last few weeks and something of a theme has emerged. The theme is the immediate need for highly skilled supply chain resource, available at short notice, with the flexibility to switch off the resource at wil.….and at fee rates comparable to existing resource. “So nothing unreasonable there”, I thought.

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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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Editor’s Pick: 4 Factors to Help Negotiate Better Ocean Shipping Contracts This Year

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, Sri Laxmana, Director of Ocean Services at C.H. Robinson , shares four factors logistics executives should keep top of mind as they develop an overall strategy for negotiating with ocean shipping providers this year.

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Green Is the New Black: Why Green Manufacturing & Sustainability Matter

GlobalTranz

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. However, manufacturers are considering other ways of improving factories and supply chains as well. Across the U.S. more companies are turning toward sustainable alternatives and methodologies (like green manufacturing) in boosting competitive advantage and increasing revenue, explains Stuart Hall of Global Manufacturing.

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How Digitization Will Drive Disruption and Opportunity in the Pharmaceutical Market

The Network Effect

In a previous post, 6 Trends Shaking the Pharmaceutical Market, I presented some of the major challenges affecting the pharmaceutical. The post How Digitization Will Drive Disruption and Opportunity in the Pharmaceutical Market appeared first on The Network Effect.

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The Science Behind Supply Chain Engineering

NFI Industries

Supply chain engineering has become an increasingly influential practice for companies looking for ways to improve efficiencies within their logistics operations. Felipe Molino, Director of Supply Chain Solution Engineering at NFI, oversees a team of supply chain scientists that holistically analyze and develop solutions for companies’ overall supply chains.

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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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Cognitive Computing for Supply Chain Risk Management

Elementum

Risk management is important in a company. A company cannot possibly define its goals for the future without first analyzing and identifying possible risks, challenges, or disasters it may encounter. By executing a risk management plan, a company can assess potential critical risk that needs to be prioritized before they could cause adverse impacts on their interests.

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Relieve your FMCG pain - secure Interim Supply Chain Support

Enchange Supply Chain Consultancy

I know you are busy. Not enough hours in the day. Deadlines rapidly approaching. Your children call you Uncle Dad or Auntie Mum. Before the stress takes its inevitable toll think about relieving the pressure without adding to head count.

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Shoveling Snow with a Dustpan (Takeaways from BluJay Solutions’ SOAR 2017 Conference)

Talking Logistics

This past April 1st, it snowed over 6 inches here in Boston. It was a cruel April Fools’ joke, but not as cruel as April 1, 1997 when a blizzard dumped more than 21 inches of snow here. It was my first winter back in the Northeast after living in the desert (Tempe, AZ) for more than 5 years. Up until that day, it had been a relatively mild and snowless winter, which is why when I woke up that morning and saw my car buried beneath a mountain of snow, I had no idea how I would get it out.

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Customer-Focused Logistics: Why Shippers Shift from Process to Experience

GlobalTranz

Across the global economy, consumers are wanting more. In fact, it is not just a desire for more; it a demand. Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs.

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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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Top Ten Lessons Learned from the GMA Supply Chain Conference

The Network Effect

by Bernard Goor, One Network Enterprises The GMA Supply Chain Conference in San Diego offered fascinating insights into where the. The post Top Ten Lessons Learned from the GMA Supply Chain Conference appeared first on The Network Effect.

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It Is About Time for a New S&OP Conversation

Supply Chain Trend

Getting S&OP right is hard. The facts don’t lie. According to Gartner, it takes 10 years to become great at S&OP. They also say that 67% of companies can not get further than stage 2 out of a four-stage S&OP maturity model. Lora Cecere assessed that 36% of companies’ S&OP efforts are stalled or moving slowly. This lack progress or even stalling of S&OP, can be even despite processes, KPI’s and systems are all well implemented and integrated.

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Reshoring Exceeded Offshoring in 2016

Material Handling & Logistics

Some reasons for the increase in reshoring are: proximity to customers, government incentives, skilled workforce availability and ecosystem synergies. read more.