Sat.Feb 17, 2018 - Fri.Feb 23, 2018

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How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.

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6 More Logistics Technology Trends Enabling Success in 2018

GlobalTranz

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.

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Supply Chain Coordination with Contracts

SCM Research

Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.

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5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For

The Network Effect

Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. However, the aviation. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect.

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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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3 companies tell you their success with Quintiq

DELMIA Quintiq

What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq. Just how happy are these companies with the Quintiq solution? Read their quick stories below.

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Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accele

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The ultimate Kinaxis credential

Kinaxis

by Joe Cannata It all started a little more than two years ago with two supply chain management certification exams — Kinaxis® Certified RapidResponse® Author Level 1 and Kinaxis Certified RapidResponse Administrator Level 1. Since then, we’ve grown our supply chain management exam portfolio to provide exams for contributors, authors and administrators, while also adding integration- and application-focused exams.

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This Week in Logistics News (February 17 – 23)

Logistics Viewpoints

This Sunday marks the end of the 2018 Winter Olympics. It has certainly been and exciting couple of weeks, with hundreds of medals awarded, and some incredible performances by the world’s greatest athletes. Yesterday marked the 38th anniversary of the Miracle on Ice, when the USA men’s hockey team defeated the heavily favored team from the Soviet Union.

Logistics 102
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Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

GlobalTranz

Omnichannel has been a go-to plan for retailers since 2008, but it is changing. Omnichannel, as a word and strategy in retail, is shifting. According to Michael Jones via Forbes , the word, omnichannel, will go away in the coming years as retailers move to become hyper-focused on what customers want, need, and find useful while shopping. While omnichannel is still going to be around, denoting the blending of channels into one experience, the customer experience in omnichannel will become the ne

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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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Dig Deep: What to Know About TMS Hosting, Data Models and Integration

Talking Logistics

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.

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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.".

S&OP 101
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Blockchain and the Global Food Chain

Enterra Insights

Blockchain is one of the newest buzzwords making a splash in the tech world. Most famously, blockchain is associated with so-called crypto-currencies like Bitcoin and Ethereum. It turns out, however blockchain technology can prove useful in many fields of endeavor. The food sector may be one area where blockchain technology will prove to be extremely beneficial.

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Top 5 Tips To Optimize Your Warehouse Storage System

GlobalTranz

Do you have a messy, unorganized warehouse? We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. Optimising your warehouse storage system to ensure that it stays organized at all times of the month will be a dream come true, right?

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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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Most Popular Posts of 2017

The Network Effect

What are people reading on The Network Effect? We took all the traffic to the site over 2017, filtered out. The post Most Popular Posts of 2017 appeared first on The Network Effect.

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European startups secure over EUR160 million of investment capital

Supply Chain Movement

Following on from the popularity of startups in the Europe-wide fintech sector, investors now seem to have spotted significant potential in supply chain management. Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement.

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The Internet of Things and Supply Chain Operations

Enterra Insights

The term “supply chain” was coined because it denoted key linkages from raw resources to finished products. Connecting those links has been the essence of supply chain operations since trading first began. Through the centuries there has also been a focus on making supply chains more efficient. This focus sharpened and became even more important with the rise of e-commerce and omnichannel operations.

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Automation: What Does It Mean for the Future?

NFI Industries

Automation continues to make headlines with predictions of two-hour delivery times and drone services in the future, but what is truly in-store for the future of the shipping industry? While it’s unlikely the industry will see those sorts of advances in technology anytime soon, ecommerce continues to drive demand for automation. Customers are expecting faster, 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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Performance Reporting and the Operational Restructuring Process

Silvon Software

When companies begin to struggle financially and decide to institute a restructuring initiative to turn things around, many focus solely on the financial aspects of the organization. Unfortunately, this approach ignores the tremendous long-term value that operational improvements can deliver. As a business seeks to regain financial stability, a matching pursuit of operational excellence can help the company realize and capitalize on new opportunities.

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Creating high-performance supply chain teams using the Kraljic model

Supply Chain Movement

Even though the era of ‘procurement through power’ is well over, I still see a lot of purchasers getting lost or sidetracked in the wrong quadrant of the Kraljic model in their quest for good prices to maximize profit. That is perfectly understandable, given the linear, results-oriented business culture in Europe. But focusing on the long term and allocating your resources to the right quadrant will take you to ‘best in class’ level and beyond, turning you into an efficient supply chain ‘high pe

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Keeping the Supply Chain Love Alive

ModusLink Corporation

Valentine’s Day, beyond being an occasion to indulge, adore and sugar load, presents the perfect opportunity to reflect on relationships. Brands have countless relationships to manage, within their business and even across their channels, though when it comes to keeping things up and running, it may be most important to review the relationship to they […].

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Look beyond the Turnover Ratio! Here’s a Simple Way to Create an Effective Inventory Management Process

Arkieva

Use this simple tool for identifying areas of potential improvement in the business to create an effective inventory management process. This type of measurement allows for a more widespread understanding of the nature of inventory and fosters action to prevent a build-up of non-value-adding "drag". Look beyond the Turnover Ratio! Here’s a Simple Way to Create an Effective Inventory Management Process was first posted on February 20, 2018 at 8:09 am. ©2017 " Supply Chain Link Blog - Ark

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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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Part Two – Give People a Reason to Make a Change

CHAINalytics

| By Patrick Boyle | Principal, Supply Chain Operations | Chainalytics | Previously in this series, I discussed the need to “Make people aware that change is coming.” Lesson one emphasized the importance of broadly communicating changes before they happen and providing key points clearly so that folks understand.

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What the OTIF Mandate Means for Walmart – and What it Means for You (Part 1)

E2open

What the OTIF Mandate Means for Walmart – and What it Means for You (Part 1). brooke. Wednesday 21 February 2018. Mohit Dubey, Senior Director, Product Marketing, E2open. Partners are central to the supply chain strategy at Walmart®, and Walmart has clear expectations of them. Those expectations just went up. The Bentonville, Arkansas, based retailer now requires consumer packaged goods (CPG) companies that ship to its distribution centers (DCs) in full truckloads to deliver on-time, in-full (OT

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When it Comes to ‘Logistics & Sourcing’ at RILA Supply Chain the World is Your Oyster!

Supply Chain Network

One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place. In less than a week in Phoenix, this year’s RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions.

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How action ready are the people in your S&OP process?

Supply Chain Movement

Last week I found myself in a roomful of supply chain professionals where, as Involvation, we’d been invited to chair a discussion on ‘S&OP: achieving and maintaining S&OP effectiveness… and keeping all disciplines on board’. The key issue is how to motivate people and increase their action readiness in terms of Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP).

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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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Vanguard Software Strikes Alliance Partnership with Chainalytics

CHAINalytics

Chainalytics forges a strategic partnership with Vanguard Software to deliver unparalleled services and support to customers worldwide. CARY, N.C. (February 20, 2018) – Chainalytics, the global supply chain consulting firm, will use Vanguard Software’s advanced analytics platform to provide supply chain services to customers seeking to improve statistical forecasting, demand planning, inventory optimization, supply chain … The post Vanguard Software Strikes Alliance Partnership with

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What the OTIF Mandate Means for Walmart – and What it Means for You (Part 1)

E2open

What the OTIF Mandate Means for Walmart – and What it Means for You (Part 1). brooke. Wednesday 21 February 2018. Mohit Dubey, Senior Director, Product Marketing, E2open. Partners are central to the supply chain strategy at Walmart®, and Walmart has clear expectations of them. Those expectations just went up. The Bentonville, Arkansas, based retailer now requires consumer packaged goods (CPG) companies that ship to its distribution centers (DCs) in full truckloads to deliver on-time, in-full (OT

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Why Can’t The Supply Chain Get Rid of Abuse?

Material Handling & Logistics

Let’s stop buying products where labor abuse exists in the supply chain. How many years has it been since we first heard about those tragic Foxconn workers who preferred to jump to their deaths from the factory dorms where they lived, rather than continue to work in hazardous conditions? The answer is eight. In 2010, 18 workers threw themselves from the top of the Chinese company’s building, resulting in 14 deaths.