Sat.Jul 07, 2018 - Fri.Jul 13, 2018

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A Six-Step Process for Demystifying Your Safety Stock Process

Arkieva

Do others challenge your safety stock selections? Are you in need of a safety stock process or policy? Want to take the drama out of your safety stocks? Use this collaborative six-step process to demystify your safety stock process and a create buy-in. A Six-Step Process for Demystifying Your Safety Stock Process was first posted on July 10, 2018 at 9:08 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Tariffs and Trade War: What Should Supply Chain Executives Do?

Talking Logistics

Trade Wars! It’s on everyone’s mind, especially with the new tariffs the United States and China have imposed on each other. It’s not like there aren’t already enough risks and disruptive forces in supply chains and logistics. Why should supply chain executives care about these threats? What actions should they take today to respond effectively? What capabilities are required to adequately explore and analyze the many “What If” questions companies should be asking?

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Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades.

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How fast will Blockchain Mature in the Supply Chain?

Enterra Insights

With all the buzz about blockchain, one could be excused for thinking the technology is fully mature. However, Robert J. Bowman, Managing Editor of SupplyChainBrain , reminds us, “When it comes to the deployment of blockchain in the supply chain, or anywhere else for that matter, these are still early days.”[1] Why all the hype? The simple answer is potential.

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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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Advanced analytics meets social good: how Angel Flight West optimizes flight routes for families in need

AIMMS

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. The Dutch Delta Program Commissioner used analytics to prevent flooding and was recognized with the 2013 Edelman Award. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS-based optimization to plan flights for families in need.

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Robots for eCommerce Fulfillment

Logistics Viewpoints

For robots in eCommerce fulfillment, last year was the year of pilots. This year customers are willing to publicly speak about the benefits they got from eCommerce robots at eft’s 3PL & Supply Chain Summit in Atlanta. The post Robots for eCommerce Fulfillment appeared first on Logistics Viewpoints.

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Emerald Literati Network Awards for Excellence 2018

SCM Research

Emerald has recently announced the winners of their 2018 Emerald Literati Network Awards for Excellence. Numerous SCM-related articles have received outstanding paper or highly commended awards, and might thus serve as excellent articles to read during summer. Several winning articles relate to external ( Abdallah, Abdullah & Saleh , Fawcett et al. and Ralston, Richey & Grawe ) and internal ( Makepeace, Tatham & Wu and Roh et al. ) supply chain relationships.

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Making Manufacturing Fun for Future Generations of Workers

Enterra Insights

Most people have heard the term Industry 4.0 which refers to the next industrial revolution. The revolution is being triggered by technologies like artificial intelligence (AI), robotics, the Industrial Internet of Things (IIoT), and additive manufacturing (aka 3D printing). Industry 4.0 is predicted to make manufacturing more efficient and effective and to eliminate many manufacturing jobs.

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IoT Speeds Over-the-Road Shipment Tracking

Talking Logistics

If you’re a global supply chain executive, you’ve got a challenging job. A job that was once as simple as moving goods around now involves managing relationships with suppliers and service providers all around the globe, while also keeping track of the goods as your shipments move closer to their destination. According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer acco

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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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Themes from the 2018 SCM World Leaders Forum

Kinaxis

by Dr. Madhav Durbha. “Thick data” vs big data, the power of the supply chain profession, and cybersecurity. I just returned from a very inspiring 2018 SCM World Leaders Forum in London. While I attend several supply chain conferences in any given year, SCM World is a favorite of mine for a couple of reasons. For one, this is a power-packed forum with the who’s who of supply chain in attendance.

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Most Popular Supply Chain Posts of 2018 So Far (Part 2)

The Network Effect

Here’s is part 2 of our Most Popular Posts of 2018. If you missed it, here’s Most Popular Posts of. The post Most Popular Supply Chain Posts of 2018 So Far (Part 2) appeared first on The Network Effect.

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Omnichannel Operations can make Frenemies of Retailers and Suppliers

Enterra Insights

We are all familiar with the terms friend and enemy. We learn to trust a friend and distrust an enemy. In more recent times, however, the term “frenemy” has cropped up. Frenemy is a portmanteau of “friend” and “enemy” and a clear oxymoron referring to someone with whom one is simultaneously friendly and rivalrous.

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Manage Supply Chain Expectations with Service Level Agreements (SLA)

Enchange Supply Chain Consultancy

If you do not specifically agree on what is expected between two parties before you start a relationship then anything and everything but success is likely.

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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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Best Practices for Managing Strategic Suppliers effectively

Procurement Academy

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your… The post Best Practices for Managing Strategic Suppliers effectively appeared first on Procurement Academy.

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In Case You Missed It: Best Industry Articles and Insights for June

ModusLink Corporation

Need help keeping up with the latest supply chain, logistics, manufacturing and e-commerce industry news? Below, you’ll find the top articles and trends from June covering various sections of these quickly evolving industries. Pressures on supply chain teams are increasing, leaving organizations struggling to collect and analyze mass amounts of data.

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ISO 20400: Building Value Through a New Standard for Sustainable Procurement

EcoVadis

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. It is not surprising then that not only procurement professionals but also CEOs and heads of public organizations are increasingly looking for ways to understand their supply chains.

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Autonomous Vehicles Will Be Piloting Your Supply Chain Sooner Than You Think

AFFLINK

The future of transportation is autonomous. Whether you’re shipping goods across the sea or across the highways, your products will eventually move along inside of a vehicle without a driver. More to the point, those options are going to be here sooner than you think. For entrepreneurs considering driverless transportation, there are already a number of choices available.

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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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Alibaba, Tech Industry Believe Logistics Are Key to Continued Growth in the APAC Region

CHAINalytics

| By Tim Foster | Managing Director, APAC Region | Chainalytics | Alibaba, one of the world’s largest e-commerce marketplaces, understands the value of logistical efficiency. So it should be no surprise Jack Ma and his group are investing heavily in the sector in order to build a stronger, more connected network which seeks to … The post Alibaba, Tech Industry Believe Logistics Are Key to Continued Growth in the APAC Region appeared first on Chainalytics.

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Gain inventory control with multiple warehouse management tactics

TradeGecko

Not many businesses can deny the need for a couple or more warehouses somewhere along the supply chain. It’s not hard to understand why: typically having a warehouse per region ensures that stock can be shipped to the customers faster.

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Five Tips on Sourcing Products From China

EMERGE App

Introduction. Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Much of its meteoric rise was also well-timed with the rapid change in the technology market from desktop PCs to the mobile web, including must-have devices like the iPhone and iPad to just about every mobile de

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Challenging Economic Conditions for Manufacturing and Distribution

AIT SureShip

The exponential success of supply chain giants is causing distributors and manufacturers alike, to evolve their business models to accommodate mixed mode transactions. Mixed mode meaning -the organization must adopt a larger vision of serving their customers’ needs to stay competitive in the marketplace. For example, a manufacturing organization would add services and/or distribution to their offering.

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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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Quick Service Restaurant Distributor Partners with Chainalytics for a Network Design Project Required to Meet Continued Expansion

CHAINalytics

Ongoing Franchise Growth Drives Need for Network Expansion Recently, an Atlanta-based quick service restaurant distribution cooperative providing over 8,000 franchise restaurants with forecasting, purchasing, inventory planning, warehousing, transportation, and delivery services contracted with Chainalytics to perform a distribution network analysis for their U.S. operations.

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How could rising interest rates affect your supply chain?

Taulia

After many years of low interest rates following the financial crisis, a rise in interest rates may finally be on the horizon. While the U.S. saw three hikes in 2017 and the Bank of England increased rates to 0.5% in November 2017 – the first increase in a decade – rates dropped to all-time lows again at the advent of the coronavirus pandemic in 2020.

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What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)?

3PL Insights

If you’ve ever used ASNs or EDI, then you know how helpful they can be to your business. The amount of time and effort saved by using these technologies makes them a must-have when transferring documents to another company. Here’s what you need to know about EDI and ASNs. What is EDI? EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies.

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More Tariff Troubles for Manufacturers

APICS

A week ago, another round of U.S. tariffs on Chinese imports took effect. These taxes have been specifically designed not to affect consumer goods. Instead, the 25 percent import taxes on $34 billion worth of Chinese goods will affect American manufacturers either financially or by unraveling their global supply chains.

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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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Chainalytics Named to Supply & Demand Chain Executive’s SDCE 100 Top Supply Chain Projects for the Fifth Consecutive Year

CHAINalytics

Atlanta, GA (July 10, 2018) – Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has selected Chainalytics as a recipient of an SDCE 100 Award for 2018. The SDCE 100 is an annual list of 100 great supply chain projects. These projects can serve as a map … The post Chainalytics Named to Supply & Demand Chain Executive’s SDCE 100 Top Supply Chain Projects for the Fifth Consecutive Year appeared first on Cha

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IT/OT Convergence in the Factory of the Future

synchrono

Since the advent of the Industrial Internet of Things (IIoT), experts and enthusiasts have been talking about the coming together of IT (information technology) and OT (operational technologies). Some call it an integration, while others call it a convergence. I call it a good thing. In this post, I’ll talk a bit about the convergence/integration of IT and OT, why it matters, and what it will look like in the Factory of the Future.

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Achieving End-to-End Visibility in Your Supply Chain

Supply Chain 24/7

To run today’s supply chains requires a new paradigm, one that extends what ERP has done for the company within its four walls to the new reality of the multi-enterprise supply chain.