2015

article thumbnail

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” I have been studying the evolution of inventory technologies as an industry analyst since 2002.

article thumbnail

Why the Forecast for Supply Chain Planning has been Only Partly Cloudy

ToolsGroup

Cloud-based supply chain planning is gaining traction. Each year more users opt for cloud-based systems and there is a lot of support in the analyst community. But cloud-based supply chain planning has not proliferated nearly as fast as many have predicted and "public cloud" (versus "private cloud") i mplementations are still a small minority, leaving a lot of head scratching about why cloud hasn't been as widely adopted as some expected.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[INFOGRAPHIC] The Evolution and History of Supply Chain Management

GlobalTranz

'History of Supply Chain Management. Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks. We will take you through the last 60 plus years below and end the post with an amazing infographic.

article thumbnail

Defeat supply chain complexity like a Jedi

DELMIA Quintiq

Image credit: Moviepilot. Overwhelmed by the dark forces of supply chain planning? The best supply chain planners share a common trait with Jedi knights: No matter how tough things get, they never give up. So how do they overcome a supply chain’s darkest force: complexity? Here’s what they don’t do: Assign different parts of their planning challenge to different departments.

article thumbnail

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.

article thumbnail

Talent and Leadership Development: Competitive Differentiators for 3PLs

Talking Logistics

Earlier this year at the JDA FOCUS 2015 conference , I led a panel discussion on the third-party logistics (3PL) industry that featured Rick Jordon , SVP Regional Head of Logistics – Americas at Panalpina , and other 3PL executives. I caught up with Rick again on a recent episode of Talking Logistics , where we discussed a variety of topics related to the 3PL industry.

3PL 247

More Trending

article thumbnail

3D Printing Changes the Supply Chain

Kinaxis

by Joe Cannata I recently took a trip to my local big box electronics store, and saw a 3D printer on display. I asked what they were printing, and the response was “plastic components”, which were being sold in the store. The salesperson was busy, so I did not have the chance to find out exactly what those plastic components were, but I thought, wow, they can make parts for sale right there in the store.

article thumbnail

Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm Supply Chain Insights. She is the author of the enterprise software blog Supply Chain Shaman , which attracts 5,000 readers weekly. She also writes a blog for Forbes and is a LinkedIn Influencer.

Metrics 232
article thumbnail

Expert Reveals 7 Supply Chain Trends to Watch

Supply Chain Opz

'As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. Typically, total cost, quality, and delivery performance appear as critical factors in the supplier selection process.

article thumbnail

Improving the Transportation Solve: Jointly Optimizing across Inventory and Transportation

Logistics Viewpoints

When a company is looking to reduce their freight spend, while maintaining or improving service levels, there are two main paths they can take. They can buy and implement a transportation management system (TMS). Or they can outsource transportation planning and execution to a 3PL that provides managed transportation services (MTS). I talked to Wietse […].

article thumbnail

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.

article thumbnail

Big Data Poised to Play a Big Role in Ensuring Food Security

Enterra Insights

“Producing enough food, fiber and fuel for more than 9 billion people by 2050, while conserving natural resources is a … Continued. The post Big Data Poised to Play a Big Role in Ensuring Food Security appeared first on Enterra Solutions.

Big Data 201
article thumbnail

Massive Explosion Shakes Tianjin, China

Elementum

A huge explosion that rocked the industrial city of Tianjin, a trade hub and gateway to Beijing, is reported to have stemmed from a gas or oil container at the city's port. A home video captures a horrific second explosion in the port city of Tianjin, in the Northwest of China. Flames shot higher than surrounding buildings, sending a powerful shockwave throughout the city.

China 130
article thumbnail

Five Types of Inventory Optimization You Should Know

ToolsGroup

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution. Knowing which types are important to your business is an important step to determining which solution best fits your needs.

Modeling 242
article thumbnail

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

GlobalTranz

Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing.

article thumbnail

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

article thumbnail

How can you prepare your supply chain for disruptions?

DELMIA Quintiq

'The butterfly effect. The “butterfly effect” was a term coined by mathematician, meteorologist and chaos theory expert Edward Lorenz around 1960. It refers to how one small incident can have a huge impact later on down the line. The recent West Coast ports cargo-handling disruption is an example of the butterfly effect. The labor dispute caused freight bottlenecks.

article thumbnail

Want a Better Supply Chain? Here Are 4 Reasons to Outsource Your Transportation Management

Talking Logistics

'Now more so than ever, corporations understand the tremendous impact logistics and transportation can have on their overall business performance and are taking meaningful strides to optimize their supply chain operations. While some organizations have the human capital, industry depth and expertise, and IT infrastructure to manage their transportation on an insourced basis, a majority do not.

article thumbnail

10 Books Logistics And Supply Chain Experts Need To Read

Freightos

There are tens of thousands of books about logistics and supply chains. Literally. Amazon has 31,817 books about supply chain and 24,934 about logistics. That’s 56,751 supply chain and logistics books. All those books would weigh 49,000 kilograms – half the cargo mass of a Boeing 747-200F. Stacked, those books would be as tall as 10.7 Empire State Buildings.

article thumbnail

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

by Alexa Cheater Meet the Jetsons! Like any well-rounded child of the 80s, I grew up watching Saturday morning cartoons. Admittedly the futuristic family sitcom The Jetsons , which actually first aired in the 60s, wasn’t top of my list like He-Man or Captain Planet , but there was something fascinating about the whimsical and almost unimaginable gadgets and gizmos they featured.

article thumbnail

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

article thumbnail

The Seven S’s of Supply Chain Management

Supply Chain Network

Disruption is all around us and in order to capture some of the key disruptors in the Supply Chain space we have identified what we’re calling the Seven S’s of supply chain management to act as the framework for our upcoming supply chain management work. Without further ado, the seven S’s of SCM are Synergy, Standards, Semantic, Serialization, Synchronization, Sustainability and Social and we will now review each of these at a summary level so you can see where we’re headed.

article thumbnail

10 Greatest Purchasing Books Ever Written

Supply Chain Opz

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. Now companies of all sizes realize how purchasing can help creating competitive advantage.

article thumbnail

Combating the Driver Shortage Problem with Transportation Optimization

Logistics Viewpoints

'North America is facing a huge shortage of truck drivers, and the problem is expected to get worse. In order to continue moving product, trucking companies are pushing more and more freight onto the rail system, but that solution is not sustainable as it is also showing signs of being at capacity. Service in both […].

article thumbnail

Costa Express’ Supply Chain Revolution

Supply Chain Movement

With all the media hype in supply chain, the casual observer might easily think that within the next decade companies will all have perfectly optimised, data-driven supply chains and labour forces overtaken by robots, sensors and drones. This was certainly the picture that Gartner’s top supply chain guru Michael Burkett painted when he keynoted the research firm’s annual Supply Chain Conference in London, held 23-24 September 2015.

article thumbnail

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.

article thumbnail

Professor Richard Wilding on Medieval Logistics, the New Omni-Channel, and How to Really Build Trust

Elementum

Welcome to the first installment of Supply Chain Spotlight, Elementum’s interview series. We speak with the most influential people in today’s global supply chain. Each interview is a conversation about the most important topics and tasks facing supply chain professionals all over the world. As Chair (Full Professor) in Supply Chain Strategy at the Centre for Logistics and Supply Chain Management , Cranfield School of Management UK, Richard Wilding, OBE works with European and International comp

article thumbnail

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance.

article thumbnail

The Future of Logistics: Are 3PL Companies Ready to Adopt these 4 Emerging Technologies?

GlobalTranz

'This first post is part one of a two-part series on the future of logistics. In today’s post, we will cover the four emerging technologies which 3PLs must consider as a part of their service offerings. In the least, 3PLs must understand these emerging technologies so that one day they may integrate into logistics service providers ‘ company practices to better serve customers.

article thumbnail

The Branded Supply Chain

DELMIA Quintiq

Discover the highest level of branding where others are least likely to look. What do H&M and Whirlpool know about supply chains that many of their competitors don’t? It is that world-class supply chains embody world-class brands by delivering to the customers the promises made and stories told by their marketing departments. And that only happens when marketing and supply chain teams collaborate, which is probably not often enough.

article thumbnail

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.

article thumbnail

USDA Announced Release of BioBased Economy Study Completed by NC State and Duke University

Supply Chain View from the Field

I am delighted to share with readers of my blog, the announcement of a new report completed by Jay Golden from Duke University and myself, that was released today at 11 AM and announced by Tom Vilsack, Secretary of the Department of Agriculture. The report, the BioPreferred Program’s Report to Congress, “An Economic Impact Analysis of the U.S. Bioproducts Industry”, is the first to examine and quantify the effect of the U.S. biobased products industry from an economic and employment pers

Study 118
article thumbnail

A Platform for Corporate Memory

MIT Supply Chain

When employees take on new roles, or leave a job or a company, they often take valuable tribal knowledge[1] with them. A social media platform for retaining this knowledge in the supply chain planning process is due to begin field trials in January 2016. Supply chain operations and analytics company Entercoms, headquartered in Dallas, TX, […].

article thumbnail

Why Having a Green Supply Chain Has Become a Necessity

Kinaxis

'by Alexa Cheater In honor of Earth Day I thought I’d take the opportunity to outline in my humble opinion why having a green supply chain is no longer a nice-to-have – it’s a necessity. Gone are the days when consumers would look the other way while companies rode roughshod over the environment in pursuit of a more profitable supply chain. Nowadays even governments (the good ones at least), are actively involved in making sure Mother Nature is protected, at least to some extent.