October, 2014

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Three Questions People are Afraid to Ask….

Supply Chain Shaman

'Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome. Wikipedia. You know the drill. The meeting is on everyone’s calendar. It has been set-up by the CEO or a board member’s assistant months in advance.

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How to boost relationships between shippers and 3PLs

DELMIA Quintiq

'With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. I had an interesting conversation about this with Frank Tinschert, Business Unit Director Logistics at Quintiq, and below are his answers. 1.

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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

'by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices. You can find the previous posts here: Reason #1: Offshoring without getting the full picture.

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My Take: What Is the Difference between an Analyst and a Consultant?

Supply Chain Insights

'Gray and in his late fifties with a rumpled tan suit, the man wiped his chin vigorously. A bead of sweat sat precipitously on his forehead, as he turned to me while drinking a cup of coffee before the meeting started. He blurted with great energy, “How do you become an analyst?” I smiled. A little taken back, and trying to figure out how I knew this man, a myriad of images flashed in my mind as I tried to form a cogent answer to his question.

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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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Cognitive Computing and Supply Chain Risk Management

Enterra Insights

'Earlier this year, Robert J. Bowman, Managing Editor of SupplyChainBrain, wrote about a discussion he had with Yves Leclerc (@wmpyleclerc), managing … Continued The post Cognitive Computing and Supply Chain Risk Management appeared first on Enterra Solutions.

More Trending

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Is Your Success with an IT Project the Same as a Flip of the Coin?

Supply Chain Shaman

'Throw a coin in the air. There is a 50% chance of heads and a 50% probability of tails. Today, based on a recent study with 113 process companies, an organization’s probability of success with an IT project is almost the same as the toss of a coin. Based on a recent study of 113 process manufacturers, only 58% of companies report that their projects meet their business objectives.

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Three key questions to close the gap in your S&OP process

DELMIA Quintiq

'Sales and operations planning (S&OP) is a critical part of any business. Done right, it can provide a significant competitive advantage for any organization. Yet many companies are struggling to realize the full value from their S&OP process. At its core, S&OP is a business process that links your supply chain to your business strategy.

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Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

Kinaxis

'by Prasad Satyavolu Last week, Trevor Miles wrote “ SMAC in the Middle of Supply Chain Change ” and it made me recall the dozen or so articles I’ve read recently on the Internet of Things (IoT). I find that most have a similar opening – 30 billion or so devices will be connected by 2017 and more “things” will be connected than human beings on the earth.

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Which Warehouse Locations Are Lean and Lucrative?

Supply Chains Rock

'Of all the. fearful factors that business owners and logistics managers have to deal with, one of the things they dread the most is idle inventory. As if supply chains aren’t boring enough as it is (or so people. think!), the term idle inventory just exudes negativity. No company, whether mom and pop sized or international corporation sized, is ever.

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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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How the Internet of Things Will Change the Supply Chain

Enterra Insights

'“A huge increase in the number of devices making up the Internet of Things (IoT) will have a significant impact … Continued The post How the Internet of Things Will Change the Supply Chain appeared first on Enterra Solutions.

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How to Be a Preferred Shipping Customer: Strategies for the Coming Capacity Shortage

Talking Logistics

'Business has been improving for the U.S. trucking industry. The economy is continuing to regain momentum. Shipper demand and carrier availability have come back into balance after several years of excess capacity. But these positive developments are beginning to be overshadowed by concerns about the ongoing driver shortage: CNN has reported there are currently 30,000 open slots for drivers.

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C’est FINI!

Supply Chain Insights

'Fini is the French word for finished. I love the sound as it rolls off my tongue; but yes, the Metrics that Matter book is finished. I finished the page proofs last week. The book is the end of a long journey. It has been a team effort and I will be glad to hold one in my hand and smell fresh ink. The book is a story of a supply chain leader named Joe.

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Fresh food logistics: A better approach with optimization

DELMIA Quintiq

'Holidaymakers to France may be familiar with the following situation from my last summer holiday: A relaxing stay in a small picturesque port town on the Atlantic coast, a welcoming restaurant with good wine and a regional specialty waiting for us as the main course – oysters au gratin. I, along with fellow consumers in Germany who have enjoyed this gastronomic pleasure before, would have wondered at some point, how is it that this delicacy can also be made available by German retailers – witho

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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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Integrating Planning & Execution: Supply Chain’s Holy Grail with Mark Cosway

Kinaxis

'by Melissa Clow As we countdown the days until Kinexions (18 days!). I’m remembering our customer and partner videos. Today I’d like to share the interview on ‘Integrating Planning & Execution: Supply Chain’s Holy Grail’ from Kinexions. In this video hear, Mark Cosway, GT Nexus, speak about how integrating supply chain planning and execution is vital to today’s businesses, but most companies have trouble overcoming a basic problem: 80 percent of the data they need to achieve thi

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Logistics is not Supply Chain Management, End of Story

SCM Research

'There still seems to be much confusion about the terms “logistics” and “supply chain management” Much like accounting, SCM takes a cross-functional perspective within an organization (this includes purchasing, R&D, marketing, sales, IT, and – logistics), but goes beyond the first and second tiers on both the supplier and customer sides.

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On the Digital Path to Purchase, CPG are Firms Moving Slowly

Enterra Insights

'“The consumer path to purchase has become complicated in the digital age.” asserts Kinga Hulewicz (@KingaHulewicz). “Consumers have become savvier, … Continued The post On the Digital Path to Purchase, CPG are Firms Moving Slowly appeared first on Enterra Solutions.

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5 Things Every Logistics Executive Should Know About the Financial Side of the Supply Chain

Talking Logistics

'Live Episode: Tuesday, November 4 at 12:00 ET. Most logistics executives tune out when the terms financial supply chain or supply chain financing pop up. The natural reaction is, “that’s finance’s area – not mine.” But there’s more at stake than many of us realize. Kurt Cavano, Founder, Vice Chairman and Chief Strategy Officer at GT Nexus , provides insights every logistics executive should understand about the financial side of the supply chain to reduce risk, lower costs and improve suppl

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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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What Questions will You be Asked in a Supply Chain Interview?

Logistics Viewpoints

'You’ve been offered an interview for a supply chain position, and you need to prepare for it. What next? Research the Company – Before you ever go on an interview, you must first research the company and be fully prepared to answer the questions “What do you know about our company?” or “Why do you […].

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Holiday 2014: How to Avoid Last Year’s Disaster

The Network Effect

'It’s no secret that Holiday 2013 was a disaster for final delivery. The debacle was the result of the perfectly brewed storm, combining forces from inadequate delivery capacity, lack of discipline at several points in the supply chain, over-promised delivery times by retailers, and poor weather conditions across the U.S. Are we fully prepared to tackle Holiday 2014 in a better way?

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SMAC in the Middle of Supply Chain Change

Kinaxis

'by Trevor Miles Of course the title is a play of the adverb “smack in the middle”, which Merriam-Webster defines as at the heart of the matter. By SMAC I mean the acronym Cognizant , amongst others, uses for Social, Mobile, Analytics, Cloud. SMAC has the potential to change the manner in which the extended supply/value chain shares data, collaborates in the resolution of issues, and engages in value sharing business processes.

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Quintiq World Tour, Istanbul – Plan for better efficiency

DELMIA Quintiq

'How do manufacturers manage a complex multi-product plant? How can companies overcome the bullwhip effect – a natural inefficiency that magnifies small increases in order to size all the way down the supply chain? Are there ways for companies operating at maximum capacity to speed up on delivery? Join us at the Quintiq World Tour event themed ‘Smart Planning, Smart Business’ in Istanbul on November 6, 2014.

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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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Will Drones Help Solve the Last Mile Challenge?

Enterra Insights

'“For business to consumer deliveries,” writes Eoghan Dillon, Manager of Solution Design at ModusLink Global Solutions, “one of the most … Continued The post Will Drones Help Solve the Last Mile Challenge? appeared first on Enterra Solutions.

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Building a Strong Transportation Management Foundation

Talking Logistics

'Live Episode: Tuesday, October 21, 2014 at 12:00 ET. Building a strong transportation management foundation is a critical pre-requisite for companies to execute their supply chain strategies and achieve their growth and financial objectives. In this first episode of an educational series focused on the link between transportation management and supply chain excellence, Chris Timmer from LeanLogistics outlines the attributes of a strong transportation management foundation and how to build it.

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Build Resilience into Your Supply Chain

Logistics Viewpoints

'Will you wait until disaster strikes before investigating weak links in the supply chain? Or will you add resilience now to minimize the risk of disruption?

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For 3PLs, New Market Trends = New Opportunities

The Network Effect

'Big opportunities lie ahead for today’s third-party logistics providers (3PLs). These new opportunities (and challenges, too) are a result of evolving market trends such as omnichannel and personalization. In turn, these market trends drive today’s supply chain trends (think: cloud computing or speed of delivery). All of these trends are affecting how 3PLs and shippers work and function.

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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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Humans-In-Loop – Part 3 of Kinaxis & Cognizant Series

Kinaxis

'by Prasad Satyavolu Trevor Miles and I have been having a healthy discussion on the Internet of Things and how these technology changes are shaping the way we work. Part 1: SMAC in the Middle of Supply Chain Change. Part 2: Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning? Part 3: SMAC in the Middle of Supply Chain Change.

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Impact Factors of Supply Chain Management Journals

SCM Research

'Some weeks ago, Thomson Reuters published the impact factors of well-known management journals as part of their Journal Citation Reports. I looked up the impact factors of several supply chain management journals. At least two SCM-related journals have an impact factor larger than 3, indicating that they belong to the best in class in the management realm: Journal of Operations Management and Journal of Supply Chain Management.

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Grocery Shopping: The Digital Path to Purchase is Here and It’s Mobile

Enterra Insights

'In the hustle and bustle of this year’s holiday season, will online grocery shopping be part of the consumer experience? … Continued The post Grocery Shopping: The Digital Path to Purchase is Here and It’s Mobile appeared first on Enterra Solutions.