March, 2016

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Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. The first question to answer is, “What defines value?

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Friends with Fitbits: Fitness tracking and taking supply chain planning to the next level

DELMIA Quintiq

It’s been a busy week and I forgot to charge my Fitbit. It has become a habit to make sure that I am getting all my steps in and not just meeting, but exceeding my daily and weekly fitness goals. What does this have to do with supply chain planning? As it turns out, plenty. And I will get to that shortly. It all began last summer. Our parent company, Dassault Systèmes, places great emphasis on the health and wellbeing of its 14,000+ employees.

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What Your Company Needs to Succeed in Today’s Retail Landscape

AIMMS

It’s no mystery that some of the world’s largest retail chains are struggling to survive. Walmart is closing a record number of stores (269) in the U.S. and abroad this year. Trusted names like Sears, J.C. Penney, and Gap have also lost their momentum. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy.

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Divestitures: 3 Ways to Navigate Your Supply Chain During Transitions

Logistics Viewpoints

When companies increase focus and concentration on core capabilities to improve their service offerings and increase shareholder value, divestitures can often result. A major transition that impacts all areas of a business, including supply chain reliability and efficiency, divestitures have the potential to be positive or negative. You decide. While restructuring assets of a business portfolio can help sharpen strategic focus for large companies, divestitures also create challenges for supply c

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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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Ready For The Future Of Freight?

Freightos

Want to know the future? In 2012, The Economist assessed the impact that technology developments will have had on business by 2020, surveying and interviewing global technology and business leaders. At the time, the predictions seemed unreal. But 2016 marks the halfway point and it seems that the predictions were on the mark. These particular conclusions (slightly paraphrased here) should sound familiar to business leaders in the logistics industry: Few industries will remain untouched by disrup

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Tackling the Unknown: Trying to Figure Out New Forms of Analytics

Supply Chain Shaman

The new world of supply chain analytics is my current research project. Using unstructured and stream data is a brave new world. The possibilities of data variety and velocity to improve supply chain management excite me. As I study the market; today, I have more questions than answers. There is a great need for improved supply chain analytics. New solutions offer great promise.

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What’s New in Inventory Optimization?

ToolsGroup

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. The report is available below and the following also includes some comments from a recent discussion with Cooke. Nucleus is known for focusing on the financial impact of technology, so that is where Cooke begins.

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The p-value Debate Has Reached SCM Research

SCM Research

We should not ignore that researchers – in general but also in supply chain management – are not always as properly trained to perform data analysis as they should be. A highly visible discussion is currently going on regarding the prevalent misuses of p -values. For example, too often research has been considered as “good” research, just because the p -value passed a specific threshold – also in the SCM discipline.

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Seven Decision-making Capabilities to Drive Supply Chain Excellence

River Logic

The topic of supply chain excellence is extremely broad and spans a smorgasbord of topics associated with People, Process and Technology. However, if we focus on key decision-making capabilities that can help companies achieve supply chain excellence, we come up with the following seven areas. By mastering these capabilities, a company is almost guaranteed to succeed in the industry.

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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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Getting Smart With Logistics Big Data

Freightos

Here at Freightos, we’re big fans of making global logistics work better by bringing data online (and especially instant freight quotes!). And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualizati

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Sustainability in Logistics: Shippers Step up Initiatives to Combat 3 Obstacles

GlobalTranz

Near and far, logistics providers and shippers are renewing their focus on sustainability to build the manufacturing giants of tomorrow. As explained by Bob Trebilcock , sustainability in logistics initiatives are ranked as “very important” for up to 40.6 percent of supply chain organization. Furthermore, most supply chain entities, approximately 64.2 percent, report having implemented sustainable solutions within the last two years.

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Cold Chain – Why Is It Growing So Fast?

The Logistics of Logistics

The Cold Chain is Booming. Between now and 2020, the cold chain is predicted to grow 15% CAGR according to industry analysts. It is growing much faster than the world’s economy and the rest of the logistics sector. So what exactly is the cold chain and why is it growing so fast? Cold Chain – A Brief Overview. A cold chain is a temperature-controlled supply chain for perishable food products, pharmaceuticals, and chemicals in order to maintain their quality and increase their shelf-life.

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Crack the Code on the LTL Pricing Strategy That Adds Big Profits to Your Bottom Line but Most 3PL’s Don’t Want You to Know!! (Part 1)

4WL Consulting

Do you understand LTL “Blanket” pricing and how it’s used by 3PL’s? If you contract with a 3PL to manage your LTL freight, or are just considering the idea, it’s an important term to understand. The concept of “Blanket” pricing provides valuable insight into the relationship between 3PLs and carriers. As a shipper, this knowledge can be the key to receiving better pricing and service – but more on these benefits later.

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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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Creating Better Concept Definitions in SCM

SCM Research

I believe we all have already experienced this: The same concept can sometimes be defined in very different ways by different authors. Conceptual clarity would certainly be great, but how can we achieve it? Think, for example, about concepts such as trust, integration or dependence. So, what do we really mean when we are talking about them? In their new article, Recommendations for Creating Better Concept Definitions in the Organizational, Behavioral, and Social Sciences , Podsakoff, MacKenzie &

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Enterprise Software Market Growth Hindered by Strong Dollar, Transition to SaaS

Logistics Viewpoints

ARC Advisory Group (www.arcweb.com) monitors and analyzes the enterprise software market on a quarterly basis. We track the revenues of fifteen prominent publicly traded enterprise software companies and translate financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period. The suppliers’ reporting period for this analysis is the quarter ended December 2015, unless stated otherwise.

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A Truth About Global Transportation: It Happens Locally

Talking Logistics

As shippers of all sizes expand their global sourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with global transportation management. What are the main challenges global shippers face today? “It depends on who you are as a company,” said Mike Skinner, Vice President at CLX Logistics , in a recent episode of Talking Logistics.

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6 Benefits of Transportation Consolidation Programs & How They Reduce Freight Spend

GlobalTranz

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. To combat freight spend, supply chain entities have devoted huge investments and deployed developmental teams to find ways to improve efficiency, manage all parts of the manufacturing and shipping process, and eliminate all sources of delays.

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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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Proud to be Recognized as One of Canada’s Top Small & Medium Employers for 2016

Kinaxis

by Melissa Clow As a leading supply chain management cloud provider, we are proud to be named one of Canada’s Top Small & Medium Employers. First created in 2014 by the editorial team at Canada’s Top 100 Employers, Kinaxis has won the national honor every year since its inception. Designed to recognize outstanding private-sector commercial organizations with fewer than 500 employees, the award helps Canadians learn what the most innovative small and medium employers have to offer.

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Think Fast: The Importance of Time-to-Insight in Big Data Analytics

Enterra Insights

When you were younger, you probably experienced one of your siblings or friends tossing something at you when you weren’t … Continued. The post Think Fast: The Importance of Time-to-Insight in Big Data Analytics appeared first on Enterra Solutions.

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Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. This dissatisfaction has intensified in recent years.

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Cold Chain – Why Is It Growing So Fast?

The Logistics of Logistics

The Cold Chain is Booming. Between now and 2020, the cold chain is predicted to grow 15% CAGR according to industry analysts. It is growing much faster than the world’s economy and the rest of the logistics sector. So what exactly is the cold chain and why is it growing so fast? Cold Chain – A Brief Overview. A cold chain is a temperature-controlled supply chain for perishable food products, pharmaceuticals, and chemicals in order to maintain their quality and increase their shelf-life.

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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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The Four Stages of Digital Disruption in the Supply Chain

Talking Logistics

Organizations continue to look for areas of opportunity and inspiration on the quest to improve the operational efficiency of their supply chain. While technology capabilities are plentiful, for many, it’s not immediately obvious where one should start. What I have attempted to do here is provide a staged view on how I would categorize significant technology enablement, with one category potentially building upon the other.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

GlobalTranz

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? I use a method I call managing for daily improvement or MDI. Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress.

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Video: Anritsu Forges a Proactive Supply Chain

Kinaxis

by Melissa Clow Do you find yourself fighting fires in your supply chain? Too focused on being reactive? At Anritsu, they had several issues causing the team to be in “firefighting” mode. There were different shortages where procurement might be short cycled, or there might be supplier interruptions. It was really hard to get to the heart of what was important data.

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Defining or Being Defined by Your Supply Chain

Enterra Insights

Lora Cecere (@lcecere), founder of Supply Chain Insights, asserts, “The supply chain IS Business, not a department within a business.”[1] … Continued. The post Defining or Being Defined by Your Supply Chain appeared first on Enterra Solutions.

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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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The Network Effect - Untitled Article

The Network Effect

As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, and this dissatisfaction has intensified in recent years. In a recent CIO magazine interview, Target CIO Mike McNamara stresses the same point: “We need to get the fundamentals in place and that’s because the stress and strain we put on our supply chain today is very different to what was the case four or five years ago.”

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Cold Chain – Why Is It Growing So Fast?

The Logistics of Logistics

The Cold Chain is Booming. Between now and 2020, the cold chain is predicted to grow 15% CAGR according to industry analysts. It is growing much faster than the world’s economy and the rest of the logistics sector. So what exactly is the cold chain and why is it growing so fast? Cold Chain – A Brief Overview. A cold chain is a temperature-controlled supply chain for perishable food products, pharmaceuticals, and chemicals in order to maintain their quality and increase their shelf-life.

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A Word of Caution for Supply Chain Technology Accelerators

Talking Logistics

“A group of logistics entrepreneurs is launching a Silicon Valley-style accelerator [named Dynamo] for supply-chain technology startups, aiming to draw new investment and talent to the freight business,” reported Loretta Chao in yesterday’s Wall Street Journal. Here are some additional details from the article : The accelerator will have a $3 million budget raised from [a $12 million logistics venture fund] and other partners to put toward startups focused on logistics-oriented technologies such