November, 2017

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How Can I Drive Lights-Out Planning?

Supply Chain Shaman

Inquiry is increasing. Company dissatisfaction with supply chain planning is growing. The goal is to improve insights while decreasing the number of planners. The growing dissatisfaction is on the inadequacies of today’s technologies. Yesterday, I facilitated a group of business leaders attempting to drive innovation in supply chain practices.

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Supply Chain Technology Integration: Making the New Technology & Legacy Systems’ Marriage Last

GlobalTranz

The decision to bring new technology into your existing warehouse operation should not be taken lightly. Modern technology enables a whole new level of collaboration , efficiency and better operations. However, simply wiping out your existing systems, which can represent millions of dollars in past investments, is not the answer. Your organization should invest in and manage supply chain technology integration, making the most out of your existing technology and new investments these steps. .

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The sales and operations planning journey: Starting off on the right foot

Kinaxis

by Andrew Dunbar Last week I attended the IBF Business Planning, Forecasting & S&OP: Best Practices Conference in Orlando, Florida. If you’re involved in your company’s sales & operations planning processes and you haven’t heard of the IBF, stop reading now and go check them out here ! These guys bring supply chain rookies and the best-of-the-best together to talk forecasting and S&OP in a variety of different forums throughout the year.

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What’s wrong with Strategic Network Design?

ToolsGroup

Editor's note: Due to the Thanksgiving holiday, there will be no blog post next week. The problem with strategic network design is when it accounts for service time but not service level. That is, it accounts for the time it takes to serve customers, but not the probability that a certain percentage of the orders will be delivered within that time. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory i

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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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Top Insights about Supply Chain Network Design – benefits, tips and what your competitors are doing

AIMMS

What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp

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Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Tremors. Seismic shifts. Supply chain management technology has a fault line. It is growing. The technology market for supply chain management is dramatically shifting. Last week I bounced from call to call. Innovative startups. Artificial Intelligence innovators. Blockchain ventures attempting to define business processes and new approaches. In parallel, I am also seeing market consolidation of traditional applications.

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What Transportation Modes Are Most Affected by Capacity Crunches?

GlobalTranz

Current and future capacity crunches are often analyzed for impact in the U.S., but they exist around the globe. The same holds true for their impacts on varying transportation modes. All modes of transit feel the effects of capacity crunches, but those that suffer the biggest effects tend to involve ground-transit, including less-than-truckload (LTL), full truckload (FT) and parcel shipping.

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Why Supply Chain Cost-Cutting Isn’t Impacting the Bottom Line

Material Handling & Logistics

While companies try to remove 3% to 4% in supply chain cost reductions each year they see minimal or no impact to the bottom line. Companies across industries are stuck in a supply chain cost-reduction death spiral, according to Accenture. A new Accenture Strategy report , released Nov 14, found that while companies try to eke out 3% to 4% in supply chain cost reductions each year, more often, they see minimal or no impact to the bottom line.

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How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. In their recent report titled Carefully Assess Which Tools Are Right for Each Stage of Supply Chain Planning Maturity (20 October 2017, Tim Payne & Amber Salley), the analyst firm describes the right tools to get from one level to the next.

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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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Top Insights about Supply Chain Network Design – benefits, tips and what your competitors are doing

AIMMS

What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp

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Forecasting and demand management for new events using machine-learning algorithm

Kinaxis

by Iman Niroomand What does a machine-learning (ML) algorithm have to do with the Super Bowl? When it comes to forecasting and demand management , a lot. Consider this: According to the National Retail Federation , approximately 189 million people watched Super Bowl LI, and viewers spent an average of $82.19 on electronics, apparel and food specifically for the game, up from $77.88 compared to the previous year.

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E2open Acquires Zyme: A Bridge Too Far?

Supply Chain Shaman

This week, E2open announced a definitive agreement to acquire Zyme. For readers of this blog that do not know Zyme, the company focuses on the management of channel data in the high-tech industry. The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. This source of channel data is very industry specific to the high tech market.

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5 Tips for Achieving the Most Out of Your Supply Chain Data

GlobalTranz

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance.

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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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What Supply Chains Really are and Why it Matters

The Network Effect

Companies re-assessing the nature of their supply chains are shifting priorities and realizing new value What is a Supply Chain? The post What Supply Chains Really are and Why it Matters appeared first on The Network Effect.

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Will you be a Supply Chain Disruptor or the Disrupted?

ToolsGroup

You should be interested in applying disruptive technologies in your supply chain not only at a physical level, like in transportation and logistics, but also at a more virtual level in your supply chain planning. And you should be thinking about them now, because disruptive technologies have a first mover advantage. If you are not the disruptor in your supply chain, you become the disrupted.

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The Digital Age Is The New Competitive Arena For 3PLs

Freightos

The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.

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Using Business Intelligence to Navigate Supply Chains

Talking Logistics

Karen Sage, Chief Marketing Officer at MercuryGate, addresses the following questions and more in this timely and informative episode: Why is converting data into actionable intelligence so important today? What are the main challenges shippers and logistics service providers face in this area? How have BI/analytics capabilities in TMS evolved over the years?

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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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This Week in Logistics News (October 28 – November 3)

Logistics Viewpoints

For the first time in franchise history, the Houston Astros are world series champions. The Astros outlasted the LA Dodgers in a thrilling seven game series to bring home the crown. As soon as that final out was made, the real planning began. And no, I’m not talking about how the Astros can build off of this year’s team in free agency to defend the title next year.

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Capacity Crunch Factors: What Causes a Capacity Crunch?

GlobalTranz

Unbelievably, the capacity crunch is back the shipping headlines. In April 2017, William B. Cassidy of the Journal of commerce (JOC) noted shippers were expecting a forthcoming slight capacity pinch, but that was before hurricane season arrived. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue.

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Top Threats to Supply Chain Status Quo

Supply Chain Collaborator

There are many potential disruptors to the supply chain status quo, from climate/weather to economic forces and everything else in between. However, more than these temporary, cyclical influences, there are fundamental forces at work that threaten to not just disrupt, but rather to fully transform the face of supply chain management and, more specifically, the logistics portion of the chain.

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Opportune LLP Announces Partnership with River Logic

River Logic

DALLAS, November 14th, 2017 — River Logic today announced its new partnership with Opportune LLP , a global energy advisory firm. Opportune adds value to their clients by utilizing their deep energy industry supply chain expertise to improve financial and operational results.

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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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Warehouse of the Future: The Adoption of Technology within the Distribution Center – Part 2 of 3

BlueYonder

In part 1 of this blog series, we took a look at how innovation is changing the supply chain and the evolution of different warehouse types and processes. In part 2 of this 3-part series, which is based around The Warehouse of the Future report, we’re going to take a deeper dive into the adoption of technology within the distribution center (DC), how technological innovation processes in DCs are poised to change over the next few years and the path and obstacles to automated DCs.

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This Week in Logistics News (November 6-10, 2017)

Talking Logistics

What are sidewalks made out of? If you said cement, you would be wrong; sidewalks are typically made out of concrete. Yes, there is a difference between cement and concrete, even though many people (including me, I admit) use the terms interchangeably. Cement is one of the raw materials that goes into making concrete, which is the finished product. I learned that fact (and many more important things) at the Command Alkon ELEVATE 2017 conference in New Orleans this week.

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Out-of-Stock, Overstock, & Returns | The $1.75 Trillion Dollar Loss That Won't Go Away

Oracle SCM

Diego Pantoja Navajas , VP WMS Development. Maybe it’s the fact that high season is about to begin – but I get the same thoughts every year around this time. What are businesses planning to do to manage losses this year? It's an issue that raises its head annually – and it’s not a pretty sight. Two years ago it was reported by CNBC that the inability to efficiently manage inventory cost retailers $1.75 trillion dollars.

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A Brief History of WMS in the Supply Chain

GlobalTranz

The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. However, few understand the history of WMS and how it evolved to encompass item tracking, storage data, inbound and outbound shipping, picking and much more. Rather than trying to look at every small detail that led up to the modern WMS, let’s take a look at some of the most notable advancements in its history.

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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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Waste Not, Want Not: Thanksgiving and the Food Waste Conundrum

Elementum

For most of us, Thanksgiving is a time to reconnect with family and celebrate abundance. For big grocery chains, it means anxiously overseeing a network of suppliers and shippers as they move vital ingredients across the country (and around the world), all while working in tricky weather that demands solid logistical execution to avoid late - or spoiled - deliveries.

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5 Supply chain challenges you need to get on top of

TradeGecko

Once upon a time, supply chain management was easy. Today, businesses have to contend with global competition, product life cycle compression, and most importantly, rising customer power.

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The real value of 3D printing in the supply chain

Supply Chain Movement

Prototyping, the earliest stage of the manufacturing lifecycle, has been driver for 3D printing for many years. With the technology maturing, there has been a strong movement towards the production of functional parts. Spare and service parts (long tail/end of life phase) are interesting candidates for this production technique. Aggregating and analyzing supply chain data – and technical data points with a focus on feasibility – is a best practice to determine the value 3D printing c