December, 2017

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One Way to Start Your Digital Transformation

ToolsGroup

Editor's note: Due to the holidays, there will be no blog post next week. Happy Holidays and Happy New Year! Many companies are taking a serious look at “digital transformation” and it’s possible to think that it requires a big leap or a daunting hurdle to transform your business. But there is also an easy and accessible digitalization step available to nearly all companies, and it involves leveraging the data assets y ou already have.

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Top 3 Priorities for Manufacturing Companies in 2018

GlobalTranz

Companies are hoping to continue their revenue growth in 2018 by setting priorities for manufacturing in 3 key areas. KLR has released the results of its annual manufacturing industry outlook report , and the optimism following last year’s elections will continue straight through 2017. With promises of tax reform, decreased federal regulations and looser trade agreements, manufacturers have slowly seen revenue growth throughout the U.S. markets.

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Driving transformation in the postal Industry: Look at both culture and technology

AIMMS

Declining letter volumes and parcel competition are serious challenges faced by postal companies. Having a competitive supply chain is key to thrive, and survive, in this environment. How can postal companies make headway? The answer lies on changing culture as much as it does on rethinking technology. Change should start with culture and organizational alignment.

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Supply Chain Trends to Watch in 2018

Logistics Viewpoints

There are several key supply chain trends to watch in 2018. Omnichannel Revenue Management The retail supply chain has been going through a massive transformation. Traditional brick and mortar retailers seek to leverage their stores to better compete against Amazon and other ecommerce retailers. ARC’s Chris Cunnane does an annual survey omnichannel retail in conjunction with DC Velocity.

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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 Avocado Supply Chain

SCM Research

Among the best ways to teach supply chain management is by discussing different types of real-world supply chains. In their interesting report, Enabling Trade: From Valuation to Action , the World Economic Forum (in collaboration with Bain & Company) present several supply chains that could be discussed. The introdution makes one point clear: “The overall benefits to nations, producers and consumers are clear.

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Is Digital Transformation Bringing Traditional Grocery to Its Expiration Date?

ToolsGroup

Grocery stores, long thought to be immune to the “Amazon Effect”, were shaken in August of 2017 when Amazon acquired Whole Foods. While companies like Instascart and Peapod have provided home delivery for years, this acquisition was like a shot across the bow for many grocers. About 40 million homes are within 5 miles of a Whole Foods, and Amazon plans to use that proximity to change how Americans buy groceries.

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How is Technology Enhancing Supply Chain Management?

GlobalTranz

From RFID and Drones to Autonomous Vessels, new technologies are already transforming and enhancing supply chain. But how will these technologies revolutionize supply chain management in the coming years? Take a look at the interactive graphic below to find out. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

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Driving transformation in the postal industry: Look at both culture and technology

AIMMS

Declining letter volumes and parcel competition are serious challenges faced by postal companies. Having a competitive supply chain is key to thrive, and survive, in this environment. How can postal companies make headway with digital transformation? The answer lies on changing culture as much as it does on rethinking technology. Change should start with culture and organizational alignment.

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Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update W50

Freightos

Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. By John Edmonds, Research & Marketing, Freightos. Early week snowstorms at major airports (like Frankfurt and Atlanta) continue to play havoc, while peak air season may extend into February. Rates have been stabilizing, but by the time pre-Christmas backlogs are cleared, the Chinese New Year surge will kick in.

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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 10 Talking Logistics Videos and Posts in 2017

Talking Logistics

As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 43 episodes produced in 2017, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. 217 posts published on a wide range of timely and important industry topics, including the most comprehensive weekly news roundup in the indus

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[On-Demand Webinar] Getting started with artificial intelligence in supply chain planning

Kinaxis

by Alexa Cheater Focus on a practical approach to implementing artificial intelligence (AI) and machine learning (ML) in your supply chain planning. That’s the advice from industry-leading experts, as heard in our recent webinar, A pragmatic approach to getting started with artificial intelligence in supply chain planning, now available on-demand. Hosted by Robert Bowman from SupplyChainBrain, guest speakers Brian Tessier from Schneider Electric, Paul Cocuzzo from Merck and Trevor Miles from Kin

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Personal Predictions for Supply Chain Management in 2018

SCM Research

Today I present my personal predictions for supply chain management in 2018. Sustainability and digitization will certainly top the SCM agenda! First, much more action is needed to combat global warming. SCM could play a key role to cope with this challenge, as a “supply chain” rather than “company” perspective helps to understand that upstream greenhouse gas emissions may occur anywhere in the world.

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10 Steps to Surviving & Thriving in a Capacity Crunch

GlobalTranz

The capacity crunch is starting to take hold of the shipping industry. The onslaught of tropical storms, hurricanes and an expected, record-breaking holiday shopping season spell C-A-P-A-C-I-T-Y C-R-U-N-C-H. However, this capacity crunch is likely to exceed even the worst capacity crunches in history, says Karen Sage of Talking Logistics With Adrian Gonzalez.

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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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To succeed at digital transformation, teams need to be committed and self-enabled

AIMMS

The digital age has just begun. We haven’t seen the full force of disruptive business and operating models and there is no doubt that many more will keep emerging. We are only beginning to see the impact that digital transformation will have on our human resources as well. This will demand the creation of new and higher levels of personal development and organizational effectiveness to manage and sustain this culture transformation. .

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What Can a Supply Chain Control Tower Do for You?

The Network Effect

Nucleus Research explains control towers and the benefits they bring to your supply chain Nucleus Research has published its Control. The post What Can a Supply Chain Control Tower Do for You? appeared first on The Network Effect.

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This Week in Logistics News (December 11-15, 2017)

Talking Logistics

One week to go before we go on hiatus for the holidays, which means I have one week to finish a million things on my “To Do” list. So, without delay, here’s the supply chain and logistics news that caught my attention this week with some brief commentary: Target to Buy Grocery Delivery Startup Shipt for $550 Million (WSJ – sub. req’d). Supervalu expands Instacart program to all of its retail stores (StarTribune).

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FMCG: I’m a Supply Chain expert…Get me out of here!

Enchange Supply Chain Consultancy

The definition of celebrity is a famous person, VIP, very important person, personality, name, big name, famous name, household name, star, superstar, celebutante, leading light, giant, great, master, guru. In that case why do I only know 3 people from the 2017 series? One boxer, a footballer with an ironic surname and Boris Johnson’s father. I don’t know Mr Johnson either, but he helped produce Boris the buffoon so probably deserves to endure a degree of hardship.

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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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Fantastic Stochastics – Effectively Planning for Items with Intermittent Demand

Logility

Any demand planner will tell you some of the most difficult items to plan accurately are those that exhibit an intermittent or irregular demand pattern. This type of demand pattern is characteristic of service parts inventory, wholesale distribution and capital goods. Such items are also referred to as slow moving, lumpy or long-tail items. Statistical methods don’t handle periods with zero demand and tricking these methods by adding a value of one to zero periods simply over-inflates dema

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The Top Supply Chain KPIs to Know

GlobalTranz

In the omnichannel supply chain , where order accuracy and on-time delivery are paramount, the difference between getting the right product to consumers at the right time and getting a similar product to consumers at the right time could be disastrous. This difference can have catastrophic consequences for the success of your business, including lost revenue for returning the product, processing the return, shipping out the correct product, and time spent in addressing the issue at your customer

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Inspiration, Education, and Practical Advice: Modern Supply Chain Experience 2018

Oracle SCM

By Krista Sterner , Event Marketing Director. Planning is well underway and registration is open for Modern Supply Chain Experience, taking place from January 29–31, 2018 at the San Jose Convention Center. Now in its sixth year, the conference will feature over 100 sessions presented by Oracle customers, experts, and supply chain partners; in-depth product demonstrations; and numerous networking opportunities.

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2017 Logistics Year In Review

NFI Industries

This past year, the supply chain industry evolved to accommodate numerous factors. Variables like new administration, advances in technologies, and changing consumer behavior are shifting how companies approach logistics, today and moving forward. NFI’s executive team shares their insight into the top trends of 2017. William Mahoney, Senior Vice President Dedicated Transportation We are excited.

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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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Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data?

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An FMCG Distributor Is For Life & Not Just For Christmas

Enchange Supply Chain Consultancy

Ok, so you are unlikley to see this on a car bumper sticker but FMCG Distributors will have a significant impact on your sales performance , probably your variable pay bonus and therefore your CEO aspirations! How have you treated your Distributors this year? Were they the usual pain in the proverbial - failing to achieve targets, not paying on time, always moaning about trading terms?

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Trends That Will Revolutionize Logistics in 2018

Material Handling & Logistics

With the advent of digitalization, the supply chain industry is getting a complete makeover. Technology has disrupted every industry and supply chain is no exception. With the advent of digitalization, the logistics and supply chain industry is getting a complete makeover. As logistics becomes the backbone of every industry like retail, e-commerce, consumer goods, and healthcare, the business world today is aligning its strategies with respect to the ongoing and upcoming logistics trends, such a

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Choosing Pallets: Identifying the Right Pallets For Your Business

GlobalTranz

There are many different types of pallets, so knowing which one you should order for your business can be tricky. Associated Pallets have produced a helpf ul guide to help you when choosing pallets. The guide outlines the factors you need to consider when choosing a pallet for your business based on your requirements. When Choosing Pallets, You Need To Know What Material You Need.

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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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ModusLink Launches Financial Management Services to help Brands Tackle Global Growth

ModusLink Corporation

ModusLink officially launched its Financial Management Services offering this month, which ensures secure transactions, regulatory compliance and fraud protection to make it simpler and safer for companies eager to expand globally. This is one of many solutions in a suite of digital supply chain functionalities — bringing together entitlement management and financial management services, online […].

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A Historic Year for NFI

NFI Industries

This past year, NFI celebrated its 85 th year in business. From acquisitions to new ventures, NFI continues to invest in growing its capabilities and expertise. Here are some highlights from this historic year. Dominion Warehousing & Distribution Acquisition NFI kicked off the year announcing the acquisition of Canadian 3PL, Dominion Warehousing & Distribution.

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This Week in Logistics News (December 4-8, 2017)

Talking Logistics

We’re supposed to get our first plowable snow of the season tomorrow, which means I need to head outside and rake and bag the remaining leaves on my lawn. Rake today, shovel tomorrow. My exercise plans for the weekend are set. So, without further delay, here’s the supply chain and logistics news that caught my attention this week: UPS, Overwhelmed by Online Orders, Warns of Delivery Delays (WSJ – sub. req’d).