Sat.Jan 06, 2018 - Fri.Jan 12, 2018

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Five Ways to Fix Statistics in Supply Chain Research

SCM Research

The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2) Abandon statistical significance : Academia seems to like “statistical significance”, but P value thresholds

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How to Prepare the Next Generation of Manufacturers

GlobalTranz

The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. Experts have predicted more than 2 million manufacturing jobs will go unoccupied during the next 10 years, as the baby boomer generation starts to retire. How can we help to prepare the industry for the next generation of manufacturers?

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Analysts Support a Single Model for Sales and Operations Planning

ToolsGroup

A new report from Nucleus Research, Value Drivers of Single Model S&OP , concludes that the historical disconnect between planning and execution in S&OP is best bridged by a single unified data model that allows companies to continuously synchronize their strategic, tactical and execution plans. In addition, “supply chain modeling” has become the highest priority in Gartner’s Market Ranking of S&OP Capabilities , displacing “collaboration support with internal stakeholders”.

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Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update W1

Freightos

Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update Wk 1. By John Edmonds, Research & Marketing, Freightos. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US rates increasing by 27%. While prices may continue to climb slightly until the Chinese New Year, expect them to drop back after February 16.

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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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Your FMCG Supply Chain in 2018: 5 Problematic Predictions

Enchange Supply Chain Consultancy

Chris Rea has finally found the correct turn off, a lot of people in Africa still don’t know its Christmas and the novelty Santa toilet seat cover is back in the box. Oh, and chocolate Easter eggs are in the shops 4 months in advance. Christmas and the New Year holidays are well and truly over, and the clock is already ticking down on the month of January.

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This Week in Logistics News (January 8-12, 2018)

Talking Logistics

What can I do if I have writer’s block? Well, I could turn to an AI-powered robot to my write my post for me (see Wired article, “ What News-Writing Bots Mean for the Future of Journalism ”). Or I can just wing it and go straight to the supply chain and logistics news that caught my attention this week. I’ll let you guess which option I took this morning.

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Attribute Based Planning for the Consumer Electronics Industry

Logility

The sheer number of options available in consumer electronics products can be overwhelming as many in the United States likely experience every holiday and especially during the Thanksgiving holiday as they compared Black Friday and Cyber Monday deals. Televisions are a prime example as the technology has come a long way in the last 10 years and manufacturers jockey for differentiation.

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Want to Increase Sales? Don’t “Brush” the Weather Aside

BlueYonder

“Where’s the snow brush for my car?” No doubt this is a common question in the winter, and one that’s likely been asked of several spouses recently. With the arctic snap upon much of the United States, it seems that many have been caught unprepared, or perhaps just didn’t believe the forecast. As someone who actually enjoys the snow and cold weather, I know I was skeptical of the projected -15 temps and significant chance of snow that I saw on my smartphone’s weather app.

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Five Hidden Skills that Military Veterans Bring to Logistics

Material Handling & Logistics

Use your company’s military veterans and their five-hidden skill sets to make your company logistically successful. Towards the end of World War II, one of the greatest challenges the Allies faced was the bitter attack in December 1944 in what became known as the Battle of the Bulge. Central to the eventual Allied victory was not just General Patton, who swung his military units to attack in the opposite direction, but also a little-known logistical unit.

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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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Supply Chain Risks: Which Are Top of Mind Today?

Talking Logistics

If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt.

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What is the bullwhip effect and How do you minimize it?

Arkieva

What is the bullwhip effect? Imagine a person having a long whip in his hand, and if he gives a little nudge to the whip at the handle, it creates little movements in the parts closest to the handle, but parts further away would move more in an increasing fashion. Similarly, in the supply chain […] What is the bullwhip effect and How do you minimize it?

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Global Logistics Outlook: 2018

NFI Industries

Mike Greco, Senior Vice President of Global Logistics, shares his expectations for the global market in 2018 2017 was a year of innovations, technology creation, and increased visibility in global logistics. Despite environmental and cyber disruptions, the industry made many large scales advances that will carry on through the coming year. Rates & Capacity In.

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Supply Chain Predictions for 2018

Material Handling & Logistics

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Here is a look at how some companies in the supply chain sector are preparing themselves for the months to come.

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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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New Year’s Resolutions for 2018: What’s Your Personal Challenge?

Talking Logistics

Did you make any New Year’s Resolutions for 2018? If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations that I first made in 2014 but still apply today: 5 New Year’s Resolutions for Supply Chain & Logistics Executives. And if you didn’t stop doing these four things in 2017, you should definitely stop doing them this year: Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year.

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Top 10 Blog Posts of 2017 - DAT Freight Talk Blog

DAT Solutions

The ELD mandate, rising freight rates, and the impact of multiple hurricanes on the supply chain were among the topics readers were most interested in last year. Below is a list of the top 10 blog posts of 2017, from the DAT Freight Talk Blog. If you missed out on reading any of these posts during the past year, now is your chance. 1. 2-Year ELD Delay Proposed in Congress - In July, Representative Brian Babin of Texas introduced a bill that sought to delay the ELD mandate until 2019. 2. 2017 Out

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Looking Back: A Busy 2017 for Oracle Internet of Things

Oracle SCM

Product launches kept the Oracle Internet of Things Apps team very busy in 2017. Starting early in the year, Oracle announced the availability of four Internet of Things Applications – IoT Asset Monitoring Cloud, IoT Production Monitoring Cloud, IoT Fleet Monitoring Cloud, and IoT Connected Worker Cloud. Later that year, Oracle launched an additional product to the lineup – Service Monitoring for Connected Assets Cloud - making a total of five production ready IOT powered apps.

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Types of Risks Impacting Supply Chains in 2018

Material Handling & Logistics

Risks can be categorized into three broad areas such as natural catastrophes, man-made and economic. To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. 1.

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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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Adopt the “Optimization Lifestyle”: Overcoming Inefficient Decision Making

Talking Logistics

One of the biggest decisions a business can make is deciding how it will make its decisions. Best-selling author Michael Lewis made this insightful observation about the flawed human psyche in one of his recent novels, The Undoing Project : “Man is a deterministic device thrown into a probabilistic universe. In this match, surprises are expected.”. As humans, there are many biases that contribute to the way we make decisions: overconfidence, confirmation bias, risk aversion, etc.

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A Peek into the Future of the Digital Supply Chain: ModusLink at CES 2018

ModusLink Corporation

This week, ModusLink is proudly exhibiting at the 2018 International Consumer Electronics Show (CES), where attendees can visit booth 2416 to gain a glimpse into the new technologies driving the future of the digital supply chain. CES has long been known as the global stage for innovators to share the latest and greatest innovations in […]. The post A Peek into the Future of the Digital Supply Chain: ModusLink at CES 2018 appeared first on ModusLink Global Solutions.

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It’s Time to Revisit Vendor Managed Inventory

synchrono

A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway. Because they were giving most, or all of their business to one supplier, they were also in a position to negotiate better terms.

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Chainalytics’ Freight Market Intelligence Consortium (FMIC) Introduces Real-time Transportation Benchmarking Solution with FMIC Pulse

CHAINalytics

Atlanta, GA (January 9, 2017)–Chainalytics, a global leader in supply chain consulting, analytics and market intelligence, today announced a new Freight Market Intelligence offering, FMIC Pulse, utilizing Chainalytics’ proprietary benchmarking platform, an advanced analytical framework, and machine learning technology to provide FMIC members with real-time market rate measurements.

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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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Transportation Management Systems (TMS) in the Food Supply Chain

Talking Logistics

JP Wiggins, Co-Founder & Vice President of Logistics at 3Gtms addresses the following questions and more in this timely and informative episode: What are some key factors or trends that are making transportation management systems (TMS) more important than ever today for companies in the food industry? Why are many food companies still not using a TMS?

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Achieving Supply Chain Visibility: Real-World Case Studies

C3 Solutions

This is an excerpt from C3's White Paper: " Supply chain visibility: Illuminating the path to responsive, agile operations " by Gregory Braun Senior, vice-president, C3 Solutions.

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Working Wisdom: quote about strategy

Supply Chain Movement

Napoleon Bonaparte once said: “Strategy is the art of making use of time and space. I am less concerned about the latter than the former. Space we can recover, lost time never.” Born in Corsica on 15 August 1769, Napoleon Bonaparte was a French statesman and military leader who led several successful campaigns during the French Revolutionary Wars and Napoleonic Wars.

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Re-Imagining the Retail Supply Chain is all about Converging Technologies

Supply Chain Network

In the past we’ve tended to evaluate each new technology on its’ own merit as they emerged and then best determined how to implement them. By the very ubiquitous nature of the technologies now emerging, Internet of Things (IoT), Artificial Intelligence (AI) and of course the Blockchain it appears that a more holistic or converged approach is required in order for supply chain professionals to be successful.

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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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Digital Supply Chain Control Towers: From Concept to Practice

Talking Logistics

Tom Nightingale, President and CEO at International Package Shipping and Martin Verwijmeren, CEO at MP Objects, discuss the following questions and more in this timely and informative episode: What is a “Digital Supply Chain Control Tower” and what’s different today compared to the past. What’s driving demand for Digital Supply Chain Control Towers?

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What is Supply Chain Visibility?

C3 Solutions

This is an excerpt from C3's White Paper: " Supply chain visibility: Illuminating the path to responsive, agile operations " by Gregory Braun Senior, vice-president, C3 Solutions.

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Preparing for Disaster

Elementum

Last year Houston faced historically devastating flooding during Hurricane Harvey. Nine trillion gallons of water and 60 inches of rain fell from the sky in a span of two days , causing damage to the economy amounting to an estimated $190B. As the intensity and scope of natural disasters hitting the US continues to increase, it is becoming clear that cities like Houston have infrastructure and urban planning that are not built to withstand the havoc these storms bring.

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