Sat.Apr 25, 2020 - Fri.May 01, 2020

article thumbnail

Thoughts on the ‘New Normal’

ITradeNetwork

Collaboration and information sharing are at an all-time high in our industry between producers, buyers, associations and allied organizations. Personally, I find myself hungrier for information every day than I ever have been. And, I find that information is being shared more freely than I have ever seen in my career, to the point where I am struggling with where to put it all, how much to retain, and how it all works together to help move us forward into this looming new normal.

article thumbnail

5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. Much like insurance, you would add it at the last step in the cart as an optional item when purchasing your air ticket, and often only if the firm had previously bitter experiences.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Software Solutions To The Procurement Puzzle: Getting The Right Mix

HICX Solutions

Over the past decade, companies of all shapes and sizes have shifted to digital business models. Many have had to completely rethink the way they buy goods and services, which has lifted procurement as a theme up the organisational hierarchy. It’s no longer seen as a backwater for underperforming employees, a place where suppliers get squeezed and invoices rubber-stamped and little else.

article thumbnail

Get More Out of Your Transportation Management Strategy Amid COVID-19

EnVista

Rapidly deploy tactical initiatives to save money, improve service levels, and compete. On February 17, 2020, enVista had the pleasure of speaking amongst hundreds of supply chain professionals at the Omnitracs Outlook Conference, where we kicked off the morning with a presentation on trends in transportation management. This was a discussion, not about the mega-trends or macro-economic forces, but rather internal IT, operational, and tactical initiatives that clients are deploying to save money

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

Last Mile Visibility: Why It’s Not Really Changing Much Post COVID-19

GlobalTranz

The throes of COVID-19 remain an unprecedented challenge for supply chain management. However, the traditional concerns of efficiency within the supply chain continue to set the standard for operational efficiency. C-Suite executives have their minds focused on the need to serve customers and maintain safety, and organizations across the globe continue to implement more strategic.read More.

More Trending

article thumbnail

Mitigating Supply Chain Risk and Building a Resilient Enterprise

ivalua

The post Mitigating Supply Chain Risk and Building a Resilient Enterprise appeared first on Ivalua.

article thumbnail

3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running.

article thumbnail

Integrating Corporate Social Responsibility into Your Supply Chain

Logility

Let’s start by busting a myth about Corporate Social Responsibility (CSR): it’s a feel-good movement recently started by millennials. Not true! CSR gained momentum in the late 1950s with the expansion of large corporations and became a popular subject in the 1980s, covered extensively by Peter F. Drucker and others. In the wake of the financial crisis of 2008–2010, CSR again became a focus for evaluating corporate behavior.

article thumbnail

Replenishment 201: Monitoring Store-Level Inventory

SupplyPike

Learn: How a product is determined to be replenishable. How to measure instocks. What “in pipe” means. What pack sizes are and how they affect your replenishment. In last month’s post, we went over Replenishment 101: What is Replenishment? This month, we thought we’d dig in a little deeper and look into monitoring store-level inventory. Traited and Valid.

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

How to Adapt Industrial Planning During and After Disruptive Events

DELMIA Quintiq

In the face of the COVID-19 crisis, production and planning processes have become subject to a level of stress unprecedented in recent history. Many manufacturers depend on impacted networks for their supplies and the strain on planning organizations is jeopardizing business continuity. What are some of the ways that manufacturers might improve their resilience, to address the crisis today and also to prepare for the recovery and the future?

article thumbnail

If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. One best practice in this area is to identify and qualify alternate suppliers. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. This best practice urges companies to examine not just the cost of the sourced products, but also to understand the risks associated with not multi-sourcing key components.

Sourcing 259
article thumbnail

Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight. And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017 survey of supply.read More.

Big Data 195
article thumbnail

How Does ToolsGroup Boost Planner Productivity to Help Your Team Be Ready for Anything?

ToolsGroup

Adding automation to supply chain planning enables planners to be more productive and improves supply chain performance. By freeing up time formerly spent on manual tasks, planners are able to focus on more creative work, while increased visibility reduces silos within organizations. Read what ToolsGroup customers have to say about how AI technology has helped them be ready for anything.

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

Five Suggestions for Practical Inventory Management

Logility

Recently , a colleague recounted a new consulting job he had undertaken a few years back. The client was struggling to make a large enough profit, which was threatening to derail their business expansion plan. This revolved around moving to a larger facility as they had outgrown their existing warehouse. The client perceived the problem as a lack of sales and wanted my colleague to look at ways they could increase revenue in order to fund the expansion. .

article thumbnail

Application Integration and Social Distancing

Talking Logistics

COVID-19 is the largest crisis in recent history, impacting us all economically, physically, socially and politically. Everyone will play a role in helping our world achieve a new normal. As business leaders, we can celebrate the success of an adaptable supply chain, but also expose and acknowledge areas of supply chain improvement such as collaboration.

article thumbnail

Collaborative Logistics is the Only Way Forward for the Industry

GlobalTranz

Collaborative logistics is the future (and the now) of successful, risk-managed logistics and supply chain management. There is no greater demand than what market forces, competitors, and Black Swan supply chain events 3PLs and freight brokers have to meet the challenges shippers face. Carriers are struggling to remain profitable. The industry is dealing with a.read More.

article thumbnail

Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic

PINC

In these uncertain times, companies are turning to technology to help them comply with social distancing rules and to keep their workers and drivers safe in any conditions. The global pandemic has thrown manufacturers, distributors, and retailers into a mode that most have never experienced before. While social distancing rules, shutdowns, and high demand for certain product groups are top-of-mind right now, employee and driver safety should also be factored into an organization’s overall pandem

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

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

As I write this blog, the COVID-19 pandemic continues to ravage populations and economies around the world. There are glimmers of hope, such as slowing infection rates in Italy and Spain, and the opening of factories in China, but a true end to the crisis remains out of sight. The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers.

article thumbnail

This Too Shall Pass: Retailers Aren’t So Sure

Enterra Insights

Since the onset of the novel coronavirus pandemic, “this too shall pass” has been an oft heard phrase. According to Wikipedia , the phrase traces its roots Persia (modern day Iran). “It reflects on the temporary nature, or ephemerality, of the human condition. The general sentiment is often expressed in wisdom literature throughout history and across cultures, although the specific phrase seems to have originated in the writings of the medieval Persian Sufi poets.” In mod

article thumbnail

How to Improve Last Mile Service With Better Trucker Relationships

GlobalTranz

Last mile service might have finally reached a point where it is more important than even freight delivery to the brick-and-mortar stores. It’s rapidly becoming the most frequent interaction between people and the supply chain during the COVID-19 pandemic, and as last mile deliveries skyrocket in volume, drivers are on the frontlines, says Mike Antich.read More.

How To 163
article thumbnail

How Digital Solutions Are Creating More Resilient Supply Chains

Supply Chain Brain

The solutions that have worked in the past — increasing inventory, adding capacity at different locations and diversifying suppliers — are just scratching the surface when it comes to having a truly resilient supply chain.

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

Lessons for COVID-19 and Supply Chain Management Models

Arkieva

For those that work regularly in the supply chain or managing the demand-supply network (DSN) models are commonplace to help with similar questions. This blog will provide some basics about models that all will find helpful. Lessons for COVID-19 and Supply Chain Management Models was first posted on April 29, 2020 at 9:50 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Modeling 100
article thumbnail

Is the Food Supply Chain Breaking?

Enterra Insights

The Covid-19 pandemic has created disruptions and chaos in every economic sector. It has also underscored the importance — and brittleness — of global and national supply chains. Recently, John Tyson, Chairman of the Board at Tyson Foods, published a full-page ad in several newspapers asserting the food supply chain is breaking. He wrote, “Tyson Foods is facing a new set of challenges.

Food 100
article thumbnail

Adexa’s Response and Solutions to Covid-19 Supply Chain Crisis

Adexa

The entire world is facing an unprecedented healthcare crisis. Authorities at every level are trying to respond to situations never experienced before at the current scale. They are responding by, first and foremost, prevention of spreading of the virus; at the same time struggling to match supply and demand. Lack of visibility, exponential growth of demand for equipment, for hospital beds, for healthcare professionals, and medications.

article thumbnail

When Will Blockchain Be Ready for the Supply Chain?

Supply Chain Brain

At a time when supply chains are fracturing as a result of the global coronavirus pandemic, is blockchain the solution?

article thumbnail

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.

article thumbnail

Popup Fulfillment Centers Overcome Last Mile Obstacles During COVID-19

Multichannel Merchant

Ecommerce has suddenly become the primary sales channel as a result of COVID-19 and retailers are looking for creative solutions to meet consumer demand for essential and nonessential goods. With Amazon delaying shipments of nonessential goods and limiting how much retailers can ship, getting orders to customers is harder than ever. Supply chain issues related to COVID-19 complicate things further, but merchants are still tasked with fulfilling orders on a timely basis.

article thumbnail

Mitigating Supply Chain Risk and Building a Resilient Enterprise

ivalua

The post Mitigating Supply Chain Risk and Building a Resilient Enterprise appeared first on Ivalua.

article thumbnail

The State of the Freight Market, and What the Path to Recovery May Look Like With Coyote Logistics’ Chris Pickett [Podcast]

CHAINalytics

Freightvine host Chris Caplice and Coyote Logistics’ Chief Strategy Officer Chris Pickett discuss how the pandemic in progress continues to alter the freight market and the possible insights derived about the broader economy and the recovery to come. COVID-19 has brought about rapid economic changes to the freight market Volatility is the predominant theme, … The post The State of the Freight Market, and What the Path to Recovery May Look Like With Coyote Logistics’ Chris Pickett [Podcast

Freight 78