Sat.Jul 11, 2020 - Fri.Jul 17, 2020

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Reduce Spoilage and Boost Profitability from Perishable Orders

Herlitz Inventory Management

There’s a fine line between lost sales and spoilage. Here’s how to find it. Buying the correct amount of inventory requires a fine balance between ordering enough inventory to support demand without overbuying. Solving this problem is much easier said than done, especially without a strong purchasing system that understands the challenge of stocking perishables.

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Rearchitecting IT to Build a Resilient Supply Chain

Bristlecone

Giriraj (GK) Sharma, Associate Vice President, Bristlecone . In medical research, a lot of time and money has been spent on non-communicable diseases over the past three to four decades. In the last few years, as the industry caught up with AI/ML waves, possible scenarios from diagnosis to remote surgery with fewer human interventions were being widely explored.

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Lean Continuous Improvement – Key Drivers for Continuous Improvement

ThroughPut

“ Lean” is considered to be a philosophy of continuous improvement. What is Lean Continuous Improvement? Lean Continuous Improvement is defined as a method for identifying opportunities for streamlining work, reducing waste, and increasing productivity. By observing Lean Continuous Improvement best practices, manufacturers can figure out ways to continue business as usual while analyzing improvement opportunities along the way.

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Building, Not Breaking, the Supply-Chain Backbone

Supply Chain Brain

Supply chains are having a moment. It took a major transformative event to highlight the importance and fragility of the global and interdependent supply-chain network.

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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 Five Biggest Supply Chain Challenges of 2020

River Logic

More Trending

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Enhancing the RFP Process for a Stronger Supplier Relationship

ProcurePort

The supply chain is a vital aspect to any organization in any industry. Developing a book of suppliers and vendors that are trustworthy, reliable, and actively respond to RFPs is a challenge for every procurement team. Enhancing the RFP process can help organizations in building a library of suppliers and vendors that they can turn […]. The post Enhancing the RFP Process for a Stronger Supplier Relationship appeared first on ProcurePort Blog.

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10 Tips to Improve Logistics Workforce Management

Consumer Goods Logistics

Other than inventory, your logistics workforce is the largest expense in your distribution centers, eating up 50–70% of the warehousing budget. It’s why managing and reducing labor-related expenses is a top priority for just about every logistics executive. At Kane Logistics, we’re proud that our associate retention levels with our top 10 customers is 80.2%, compared to the industry average of 53.9% (U.S.

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7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them

AIMMS

Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.

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5 Reasons to Keep Your Telematics Service Provider

GlobalTranz

Telematics is all but inseparable from the modern supply chain. GPS technologies have been a staple of the industry for some time, but telematics services today can offer even more. With such a variety of services available, choosing the right fleet tracking software can be a challenge. While some of your needs will vary depending.read More. The post 5 Reasons to Keep Your Telematics Service Provider appeared first on Transportation Management Company | Cerasis.

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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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COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain

Logistics Viewpoints

COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed. The post COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain appeared first on Logistics Viewpoints.

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The Most Important Technology Company in Your Supply Chain Operations

Talking Logistics

When you think about Microsoft and its role in supply chain and logistics, Excel is probably the first thing that comes to mind. The Excel spreadsheet is arguably the most used software application in the field (see “5 Reasons Why Excel Is Champ Of Supply Chain Apps”). But over the past few years, Microsoft has. Read more The Most Important Technology Company in Your Supply Chain Operations.

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7 Pitfalls of Stalled IBP Initiatives and How to Overcome Them

AIMMS

Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.

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Product Returns: How Next-Generation Capabilities Improve Reuse, Reclamation, and Resale

GlobalTranz

Achieving balance within the flow of forward and reverse logistics is a complex task for modern supply-chain professionals. Supply chain executives expect results. Supply chain professionals continue to see a steady flow of product returns. Unfortunately, companies cannot simply slam the door on product returns. This would alienate customers and inevitably lead to massive losses.read More.

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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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REPOST: Selecting an E-commerce Fulfillment Partner with AJ Khanijow

The Logistics of Logistics

Selecting an E-commerce Fulfillment Partner with AJ Khanijow. AJ Khanijow and Joe Lynch discuss selecting an e-commerce fulfillment partner. For e-commerce companies the difference between success and failure is fulfillment. As the founder of an fulfillment company that specializing in e-commerce, AJ knows what companies should look for in an e-commerce fulfillment partner.

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[Video] Making A Difference: Transportation Insight

Talking Logistics

The current COVID-19 pandemic is creating many supply chain challenges for companies and organizations around the world, but it’s also serving as a catalyst for change and innovation. What supply chain capabilities will separate the leaders from the laggards, not only in response to this current crisis, but in their ability to succeed in the. Read more [Video] Making A Difference: Transportation Insight.

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This Week in Logistics News (July 11 – 17)

Logistics Viewpoints

It is always interesting to me to see the creative ways that companies try to collect data about their customers. Over the last few years I have seen an increasing number of “challenges” being shared on Facebook that in reality are simply ways to gather more information about its users. These include picture challenges, such as the “10 Days of Being a Mom Challenge” or the “Here’s How I’ll Look When I’m Old” challenge, as […].

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How to Deploy Reverse Logistics Automation in 5 Simple Steps

GlobalTranz

Managing reverse logistics presents new challenges in the post COVID-19 world. Instead of simply managing returns and isolating defects, supply chain executives must now consider how returned products could lead to higher safety risks. And the need for efficient returns continues to grow in tandem. The supply chain coronavirus (COVID-19) impact also undermines efficiency in.read More.

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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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REPOST: Buying and Selling Transportation/Logistics Companies with Peter Stefanovich

The Logistics of Logistics

Buying and Selling Transportation/Logistics Companies with Peter Stefanovich. Peter Stefanovich and and Joe Lynch discuss buying and selling transportation/logistics companies. Peter is a co-founder of Left Lane Associates, a Canadian mergers and acquisitions firm focused exclusively on the North American supply chain industry. About Peter Stefanovich.

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Virtual Digital Assistants in Enterprise Software: The Journey to No Clicks

Talking Logistics

Instead of manually executing tasks with a mouse or touch screen, why not speak them? We already see this in the consumer realm with smartphones, and in the warehouse too with voice picking technologies. It’s only a question of time before speech recognition gets embedded into other enterprise and supply chain applications. A TMS user, Read more Virtual Digital Assistants in Enterprise Software: The Journey to No Clicks.

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COVID-19 hindering sustainability initiatives, reveals research

ivalua

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic. According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; h

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Achieve Results Faster by Increasing Your Company’s Clockspeed?

Logility

The classic definition of clockspeed is the rate at which a processor can complete a processing cycle, typically measured in megahertz or gigahertz. More recently the term has been co-opted as a method for categorizing industries and companies. For companies, clockspeed can be used to guide dynamic business strategy. The clockspeed framework recommends that you master the ability to quickly and continually design, assemble, fortify and sustain chains of “competencies” that deliver value to your

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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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Frictionless Logistics: It’s the Collaboration, Stupid with Ketan Karkanis

The Logistics of Logistics

Frictionless Logistics: It’s the Collaboration, Stupid with Ketan Karkhanis. Ketan Karkhanis and Joe Lynch discuss logistics collaboration and the friction that limits productivity for shippers, 3PLs, brokers, and trucking companies. About Ketan Karkhanis. Ketan Karkhanis is the Chief Product Officer at Turvo, the first real-time collaborative logistics platform that uses artificial intelligence to perfect the science of movement.

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Digital Yard Management Prove Essential During COVID-19 Disruptive Times

PINC

New Gartner Market Guide for Yard Management shows the role that YMS plays in helping companies automate processes and offset the impacts of the global pandemic and other supply chain disruptions. . It didn’t take long for global supply chains to take center stage during the worldwide pandemic, what with the many shipping delays, supply disruptions, and related issues that made the world’s headlines.

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Solving Supply chain Problems with Digital Twins

The Network Effect

The post Solving Supply chain Problems with Digital Twins appeared first on The Network Effect.

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Achieve Results Faster by Increasing Your Company’s Clockspeed?

Logility

The classic definition of clockspeed is the rate at which a processor can complete a processing cycle, typically measured in megahertz or gigahertz. More recently the term has been co-opted as a method for categorizing industries and companies. For companies, clockspeed can be used to guide dynamic business strategy. The clockspeed framework recommends that you master the ability to quickly and continually design, assemble, fortify and sustain chains of “competencies” that deliver value to your

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Has the Pandemic Accelerated the Fourth Industrial Revolution?

Enterra Insights

Prior to the novel coronavirus outbreak, many pundits believed we were in the midst of a fourth industrial revolution. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] The fourth revolution, they insist, is being driven by data.

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Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. He is one of a very small group of experts that other investors turn to for advice.

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How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! (Video). Digital Supply Chain evolve article and permission to publish here provided by Megan R. Nichols. People often position the digital supply chain as essential for helping today’s businesses succeed. What a digitized supply chain entails, though, changed over the years due to the evolution of technologies and how people use them.