Sat.Jun 02, 2018 - Fri.Jun 08, 2018

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Protect Your Bottom Line With a Smart Supply Chain Design Strategy

Talking Logistics

A recent piece in the Wall Street Journal Logistics Report highlighted how rising logistics costs are squeezing the food and beverage industry. With the increased cost of moving goods, food and beverage companies are being forced to increase the price of their products to maintain their profit margins. But in a world of heightened competition and rapidly-shifting consumer demand, increasing price carries its own risks.

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Definitions: Provocateur. A person who or thing which provokes; a challenger, instigator, inciter, irritator; (in later use) specifically = “provocateur.” Incrementalism. Movement by degrees. Known by gradualism. . I am tired. For the past month, I have been working alongside companies implementing digital strategies. In my experience, during the first session, energy is high.

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Drug Companies Consider Blockchain for the Supply Chain

BlueYonder

Friday in 5 – interesting news from around the supply chain landscape, served up in one spot to keep you up to date. This week: how drug companies are experimenting with Blockchain technology; the evolution of Rent the Runway’s business model; how Amway’s digitalization efforts are resulting in a superior customer experience; a deep dive into America’s online shopping habit; and the impact of supply constraints on the services sector.

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Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Valuable items with lots of consumption rise to the top.

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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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Utilizing WMS (Warehouse Management System): Top Ways to Get the Most out of Your WMS Investment

GlobalTranz

Across retail, the push to get more products to more consumers in less time is growing. Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? How do you know utilizing a WMS in your company is really working to benefit your enterprise?

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Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to? That doesn’t have to be a pipe dream. Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions. Supply chains are complex and full of inter-dependencies. A problem in one area can wreak widespread havoc on others.

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Understanding What’s Behind the High Demand for Flatbed Shipping

Logistics Viewpoints

High demand for flatbed shipping is rolling mightily into the peak periods of summer, continuing to drive historic supply issues across North America. While it’s difficult to predict how long it will last, what is predictable is that unprecedented demand of flatbed shipping will disrupt the typical cycles and seasonal trends we’ve come to expect, and make securing supply even more difficult as the market and carrier demographics remain fragmented.

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Talent Management in Logistics: Why It’s More Important than Ever

Talking Logistics

We often talk about the importance of people, process, and technology in Supply Chain Management, but many times the people dimension gets the short end of the stick, especially when most of the headlines today are about cool technology trends like blockchain, artificial intelligence and driverless trucks. Talent management is more important than ever, however.

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How to Leverage Digital Technology in the Supply Chain

Material Handling & Logistics

"The digital technologies hitting the marketplace today promise to make the changes in supply chain practice over the next five to 10 years dwarf that which we have seen in the last 10,” says Ted Stank, of UT’s Haslam College of Business. As the pressures on supply chain teams—including those for sustainability, cost efficiency, and disruption and risk mitigation—are increasing and growing in complexity, supply chain organizations are struggling to both collect and analyze an overwhelming amount

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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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China Ramps up Production of Generic Medicine

Elementum

Last year, China boasted the world’s second largest pharmaceutical market. Recently, the country has taken steps to boost investments in its generic pharmaceuticals sector. How could a new flood of cheap, mass-produced generics from China affect the US pharma sector given current trade tensions? China and the Generics Market. The Chinese government is pushing for policies that encourage pharma companies to produce generic versions of their drugs.

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Lineage Logistics: A Data-Driven Approach to Cold Chain

Logistics Viewpoints

Towards the end of last year, Steve Banker and I met with Greg Lehmkuhl, President & CEO, Sudarsan Thattai, CIO, and Chris Timmer, SVP Sales and Value-Added Services from Lineage Logistics. The name Lineage Logistics may not be a household name, but that is something the leadership team is used to. However, Lineage, a mid-cap company based in Detroit, Michigan, is one of the world’s largest and most innovative temperature-controlled supply chain providers.

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This Week in Logistics News (June 4-8, 2018)

Talking Logistics

I graduated from high school 30 years ago. I was co-valedictorian, but if you ask me what I spoke about that day, I honestly don’t remember — other than a vague recollection of either me or my classmate referencing Billy Joel’s song, “This Is the Time,” in our speech. What I know for sure is that sitting there in that dark auditorium so many years ago, I had no idea where the roads ahead would lead me.

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Using the Power of Maps to Enhance Your Supply Chain Visibility

Arkieva

Mapping makes it easier to identify patterns and understand your data in a way that's not readily available using a table or a graph. Here's how you can use different types of maps to enhance your supply chain visibility. Using the Power of Maps to Enhance Your Supply Chain Visibility was first posted on June 7, 2018 at 7:57 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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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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The Pros and Cons of Consolidating Manufacturing ERP Systems

synchrono

Managing operations through multiple manufacturing systems can be challenging, but it’s a daily reality for many manufacturers. In this post, we’ll look at the pros and cons of consolidating ERP systems – and propose an alternative. When Two Worlds Collide. Whenever two or more organizations merge, they are almost always using different ERP systems.

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ModusLink’s 2017 Corporate Sustainability Report Underscores Commitment to Enabling Sustainable Supply Chain for Customers

ModusLink Corporation

This week ModusLink unveiled its 2017 Corporate Sustainability Report, highlighting the organization’s commitment to helping customers achieve sustainability goals. As the economy increasingly values ecological initiatives, ModusLink is excited to help clients go green by making sustainability a central component of its business strategy — offering environmentally responsible supply chain services to help shift the […].

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Five Ways to Be a Shipper of Choice: Lessening Capacity Crunch Impact with a TMS

Talking Logistics

Whatever the cause, the end result is the same: trucking capacity is tight, really tight. Shippers are paying higher rates, and even with offering higher rates many shippers are seeing rejected loads from the same carriers they relied on for capacity in the past. As trucking companies work to add equipment and to attract drivers, they are carefully choosing which shippers are first in line for the limited capacity they do have available.

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Can Blockchain Help With Supply Chain's Biggest Dilemmas?

Elementum

When applied to supply chain management, blockchain proposes a system that is flexible and secure, allowing real time and transparent contracts between organizations and third party partners. It’s poised to strengthen supply chains vulnerable to ransomware from the inside out—but is it just better data management with a new name? Blockchain: The Cons.

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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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How We Can Leverage Blockchain to Increase Transparency in Supply Chains

EcoVadis

Blockchain, the innovative technology that powers the digital currency market, has gained prominence since the introduction of the cryptocurrency bitcoin in 2008. Soon after, banking institutes and financial markets began adopting blockchain to increase security and mitigate risks. Now, companies are starting to apply blockchain technology to improve supply chain management.

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Increase efficiency by automating your supply chain workflows

TradeGecko

In the digital age, businesses need to use all the tools at their disposal to optimize their workflows and run the most cost-effective operational processes.

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[Webinar Recap] 4 Lessons Learned from the Working Capital Gamechangers Live Panel

Taulia

In this blog, VP of Marketing, Matthew Stammers, recaps on the 4 key lessons learned from last month’s webinar about working capital improvement solutions and how forward-thinking businesses stay on top of the game. Whether you’re a new, growing, or established business, working capital is crucial. Even more so in today’s digital economy – where every business requires funds to invest in new technology, so they can gain a competitive edge in a crowded marketplace.

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China Ramps up Production of Generic Medicine

Elementum

Last year, China boasted the world’s second largest pharmaceutical market. Recently, the country has taken steps to boost investments in its generic pharmaceuticals sector. How could a new flood of cheap, mass-produced generics from China affect the US pharma sector given current trade tensions? China and the Generics Market. The Chinese government is pushing for policies that encourage pharma companies to produce generic versions of their drugs.

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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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Robot-human Coordination Could Unlock Supply Chain Innovation

RFgen

Strategic automation strategies can unlock human potential in the warehouse. Warehouse automation is creating a situation in which organizations must develop strategies to ensure humans and robots can work together. In its simplest form, automation can take the shape of mobile barcode scanners – solutions that automate the process of data entry by letting users scan a code once and automatically have that data shared with relevant software systems.

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The Smart Logistics Network of the Future: Blockchain in the Supply Chain

BlueYonder

The numbers speak volumes! There is clearly tremendous interest among supply chain practitioners to learn, understand and share thoughts on Blockchain. In one of the best attended break-out sessions of FOCUS 2018, we joined forces with executives from leading companies to exchange thoughts on the impact and value Blockchain may hold for supply chain, as well as the challenges for adoption.

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Resilinc Predicts Capacity Shortfalls, Further Raw Material Price Increases for US Manufacturers

Resilinc

Resilinc predicts that if Chinese demand for US products materializes as projected, manufacturing companies in the US will begin to experience shortages, both of workers and raw materials. These shortages may jeopardize the ability of manufacturers to fulfill the increased demand. Indeed, on the logistics side of the supply chain, labor shortfalls are already evident, as a lack of truck drivers leaves companies unable to meet current levels of demand for products made in the US—never mind those

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The Influence of IoT: How it’s Transforming Global Logistics

CH Robinson Transportfolio

The Influence of IoT: How it’s Transforming Global Logistics|Transportfolio. When someone mentions the Internet of Things (IoT), people often think of smart devices, wearables, or even how your heating at home regulates itself. However, the influence of the IoT goes far beyond that. More specifically, it’s impacting the logistics world and 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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Robot-human Coordination Could Unlock Supply Chain Innovation

RFgen

Strategic automation strategies can unlock human potential in the warehouse. Warehouse automation is creating a situation in which organizations must develop strategies to ensure humans and robots can work together. In its simplest form, automation can take the shape of mobile barcode scanners – solutions that automate the process of data entry by letting users scan a code once and automatically have that data shared with relevant software systems.

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All The News You Need To Know 6.5.18

Freight Plus

Half of Organizations Set for Procurement and Supply Chain AI Investment Within Two YearsA worldwide study of supply chain, procurement and finance business leaders has found that 55% of organizations are set to make a major investment in artificial intelligence (AI) over the next two years according to a new report by Supply Chain Digital.

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Circular Supply Chain – The Missing Link

Supply Chain 24/7

The circular supply chain is about taking apparent waste materials and returned goods and turning them into products which can be resold, and with sustainability goals in mind, companies need to find ways to reduce the carbon footprint of shipping freight.