Sat.May 04, 2019 - Fri.May 10, 2019

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When Is the Right Time for RPA?

TrackVia

The first time I heard the term RPA (Robotic Process Automation) , I thought it was talking about actual robots moving actual things on a manufacturing line or warehouse. To be honest, I was a little disappointed when I found out it had to do with automating manual tasks and recording mouse movements and keystrokes. I want Rosie the Robot from The Jetsons!

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Establishing Minimum Order Quantities Adds Up to Big Supply Chain Savings

Zipline Logistics

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Improving Warehouse Productivity Part 1: Achieving Scalability to 1 M+ Order Throughput With Data & Technology

Veridian Solutions

The e-commerce revolution, omnichannel, personalized services and products, SKU proliferation, the Amazon Effect, and many other factors influence throughput in your warehouse. Throughput inefficiencies lead to decreased customer service and reduced profitability. Thus, the best way to avoid these risks and grow your company lies within increased throughput.

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The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

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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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Supply chain gender gap the topic of focus at MIT event

Kinaxis

by Leah McGuire Leah McGuire, Kerry Currier and Francini Ortiz at the 2019 MIT Center for Transportation and Logistics Women in Supply Chain Summit, where the gender gap in supply chain was the topic of focus. Joined by Kinaxis colleagues Kerry Currier and Francini Ortiz on a crisp, sunny morning at the end of March, we marveled at the cool light display of Converse shoes in the lobby of the Converse building in downtown Boston as we checked in as attendees and panelists to the inaugural MIT Ce

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A Look at Direct v. Indirect Supplier Management in Three Industries

ivalua

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Whether spend is direct or indirect, supplier information should be maintained centrally and with a high level of accuracy.

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Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results. Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up.

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The Digital Supply Chain Transformation

SCM Research

“Accelerating technology and automation are resulting in wholesale transformation of the supply chain profession.” This is the key message of EY’s new report, titled Supply Chain: Skills for the Digital Era. It is not long, but definitely a good read. The report states that “[p]rocesses with repeatable elements such as planning, monitoring and forecasting can all be automated and enhanced by robotics, artificial intelligence and advanced analytics” The authors obser

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What Is Demand Sensing and Why Supply Chain Executives Need to Know More

GlobalTranz

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing. However, what is demand sensing? In its most basic sense, it’s about.read More.

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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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Blockchain and the Future of Business

Enterra Insights

Blockchain is an enigma. The technology can simplify business transactions but it can also be difficult to use. “There’s no question that blockchain technology has enormous potential,” writes Preethi Kasireddy ( @iam_preethi ), Founder and CEO of TruStory. “Decentralized exchanges, prediction markets, and asset management platforms are just a few of the exciting applications being explored by blockchain developers.”[1] Unfortunately, whenever someone uses the word “

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Have You Missed the Most Valuable Aspect of Your Transportation Management System (TMS)?

Talking Logistics

Transportation cost savings is usually cited as the number one reason companies invest in a transportation management system (TMS), but does the value go beyond that? When it comes to getting the most value from a TMS, what can we learn from leaders in the industry? Those are the main questions I discussed with Chris Jones, Executive Vice President, Marketing and Services at Descartes Systems Group , during a recent episode of Talking Logistics.

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Dropshipping Is Helping to Meet eCommerce Demands

Material Handling & Logistics

A new study from the Center for Supply Chain Research at Lehigh University shows that retailers are expanding their virtual inventory without incurring additional carrying and fulfillment costs by utilizing dropship programs

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Why is Blockchain the Next Big Thing in Supply Chain Innovation?

AFFLINK

For the past few years, blockchain technology has been hitting the news regularly, being implemented in everything from real estate transactions to the financial sector. Blockchain technology has evolved since making technological roots in cryptocurrency. It's a revolutionary method of digital record keeping. Blockchain is well on its way to be the next big thing in supply chain innovation.

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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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Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

In professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball. Once the quarterback’s knee touches the ground and referees blow their whistles, onrushing opponents must stop their onslaught. There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face.

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Is Your Supply Chain Customer-Centric?

DynaSys

Successful salespeople tend to sign contracts without worrying about the logistical aspects affected by the conditions of the contract, which is a thorn in the foot for logistics who must comply with the terms of the contract. You have probably had a similar experience to this in your company. This is where Supply Chain comes into the picture. Customer service is not just the business of sales and marketing, meaning the supply chain has an important role to play.

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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Banking is a unique industry in many respects. It’s one of the most profitable, but also one of the most competitive. Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. But there’s another aspect, often overlooked, that sets the banking industry apart.

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Your Guide to Complying with the Safe Food For Canadians Regulations (SFCR)

ITradeNetwork

What is SFCR? The Safe Food for Canadians Act (SFCA) requires that most food companies in Canada — and companies that export to Canada — comply with the Safe Food for Canadians Regulations (SFCR). Part 5 of the SFCR deals specifically with traceability, defined by the Canadian Food Inspection Agency (CFIA) as the tracking of food forward to the immediate customer and back to the immediate supplier.

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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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Is Your Supply Chain Ready for Industry 4.0?

Arkieva

From the move from centralization to decentralization, a cobot world, and smart factories, Industry 4.0 is here and it’s happening fast. Are you ready? Is Your Supply Chain Ready for Industry 4.0? was first posted on May 10, 2019 at 8:28 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Wielding the Supply Chain as a ‘Competitive Weapon’

Supply Chain Brain

Business theorists have been talking up the concept of supply chain as a “competitive weapon” for so many years that if it were really happening, they’d have a well-stocked armory by now.

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Tomorrow's CEOs Will Come from an Unlikely Place: The Supply Chain

Elementum

We live in a world in which customers are no longer impressed by two-day delivery. In fact, it’s now the longest customers are willing to wait. This “Amazon effect” has reset the bar for operational execution, and business leaders must now perfect how they get products to the right place at the right time or risk losing their customers to faster competitors.

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Five Simple Steps to Design a New Warehouse

CHAINalytics

“We shape our buildings; thereafter they shape us.” Everytime we come across a poorly run warehouse, we’re reminded of Winston Churchill’s famous quote above. Warehouse design is a science and can be challenging (something we covered closely in our last blog) and those who believe otherwise end up complaining about their warehouses. Factors they identify … The post Five Simple Steps to Design a New Warehouse appeared first on Chainalytics.

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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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Warehousing News Roundup: May 6, 2019

Stord

Ocean freight volumes surged in the first quarter and the overall growth rate in global container trade is expected to rise from 4% in 2018 to 4.8% this year. Increased demand in January-March, partially driven by trade between Europe and North America, came as a surprise to many carriers. Nestlé announced that it has met 77% of its zero-deforestation goal in its agricultural commodities supply chain.

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Chatting about the future of procurement with Charlotte de Brabandt

Xeeva

We recently had the opportunity to chat with Charlotte de Brabandt, Institute for Supply Management’s (ISM) 30 Under 30 Rising Supply Chain Stars 2017 Megawatt Star and member of ISM’s Thought Leadership Council. During our discussion, we chatted about the impact of technology on the future of procurement, and how to prepare for these inevitable changes.

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A Good Economy is the Best Time to Transform Your Supply Chain

Elementum

2019 has been great for business. The economy continues to move from strength to strength despite widespread predictions of the next economic downturn at the beginning of the year. For the month of April, the Department of Labor reported that nearly 263,000 jobs were added - well above what analysts had predicted. With the unemployment rate sitting at 3.6 percent, and the corporate tax rate lowering from 35 percent to 21 percent on 2018 revenues - most companies are enjoying a fat balance sheet.

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Working On Vs. In Your Business! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Creating a High Performance Organization and Culture (Infographic). Article originally published by, and permission to publish here provided by, Simon Pleass at 2flow.ie. Some business owners are too involved in day-to-day operations of their business. This means that they don’t spend enough time trying to grow the business.

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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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Global Sourcing and Improving Supply Chain Visibility

Supply Chain 24/7

When comparing today's retail environment with the past, it isn't surprising that the industry remains focused on improving visibility in the supply chain (again).

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Striking Gold: Discovering New Ways to Dig Up Savings in Your Warehouse

RFgen

With so many challenges facing warehouse managers just like you, finding ways to dig up cost savings “gold” through warehouse automation technology offers a source of relief. As a Warehouse Manager, you’re under constant pressure to increase throughput and reduce inventory cycles while cutting costs and finding good workers. Year after year, you’re challenged to handle and store larger volumes of inventory and material more efficiently.

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How to Make Supply Chain Complexity Work to Your Advantage

Brookes Supply Chain Planning Blog

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably.

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