Wed.Apr 10, 2019

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Manufacturing Faces a Workforce Crisis

Rootstock

There are currently about 12.5 million manufacturing jobs in the US, comprising over 8 percent of the US workforce. Given the improved state of manufacturing in the US, you would expect these numbers to increase.

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How to Incorporate Out-of-Stocks (OOS) in Forecasting

Alloy

Out-of-stock (OOS) events present a real conundrum to consumer goods companies when forecasting demand. On the one hand, you can’t simply ignore previous OOS events if you hope to prevent them in the future, but on the other hand, determining the “true demand” if out-of-stocks had not caused lost sales is a complex undertaking. Using just aggregate sales, even if it is sell-through vs. sell-in, is insufficient for demand forecasting because historical demand is under-estimated where OOS events h

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Inventory Management for the Construction Industry

EMERGE App

Introduction. The beauty of today’s business software is that most are flexible enough to adapt to any business. Say goodbye to ugly and limited on premise software. And you no longer have to look high and low for vertical industry solutions. Cloud applications enjoy wide distribution and availability. This means ready-made software can solve most problems faced by businesses.

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Inbound Freight Collaboration: How a TMS Creates Harmony Between Shippers, Vendors, and Carriers

GlobalTranz

Today’s supply chains suffer from egocentric mindsets. Organizations are always looking out for number one, and while that remains vital to success, failure to work with other parts of your supply chain will lead to severe consequences. These consequences include higher freight spend, poor dock scheduling, increased carrying cost of inventory and more.

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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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The Best Part of My Job

Logility

As we wrapped up our 2019 Velocity Conference in Orlando last week, I was reminded how lucky we are to be in supply chain. For three days we had the opportunity to listen to some of the top supply chain leaders and visionaries discuss their challenges and how, through people, process, technology and data, they are able to transform their operations to create faster, more flexible and responsive supply chains that result in a competitive advantage for their businesses.

More Trending

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Supply Chain by the Numbers for April 11 2019

Supply Chain Digest

Amazon Taking another Step in Direct Parcel Shipping, Walmart Adding Robots in Stores and DCs, Retail Apocalypse to Get Much Worse, IMF Downgrases Global Economy

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Why Walmart is Paying Truckers Almost $90,000 a Year

Shipchain

Near the end of 2018, Walmart announced it plans to raise trucker salaries to approximately $87,500. That is in stark contrast to the current median clocking in at roughly $44,281. Now if your first thought is to quit your job immediately and apply to drive for Walmart, I don’t blame you. The salary is impressive, and when coupled with the benefits that boast 21 days PTO, two days off each week, and impressive quarterly bonuses, you’re looking at a pretty ideal job offer.

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What role can technology play in transforming the food and drink industry for the better?: transparency roundup

Provenance

Interested in how blockchain-powered product transparency can help grow trust in your brand? We are creating an in-depth guide, sign up here to receive early access. “For every $1 spent on food, society pays $2 in health, environmental, and economic costs” (Source: Ellen MacArthur Foundation ). The comprehensive report, “Cities and Circular Economy for Food” from the Ellen Macarthur Foundation, looks to address key challenges created by the food industry today: Annual costs of $5.

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Initiating and Leading Business Change

JDA software

Today’s Wednesdays for Women post is part of an occasional series titled “Lessons from Leaders,” featuring insights that can help anyone looking to grow their career and leadership skills. In today’s blog, Trish Dutton, Solutions Director in Consulting Services and member of the JDA Winning Leadership program, shares what she learned about becoming a transformational leader, especially around initiating and leading business change, from a dynamic JDA executive.

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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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When Worker Voice is Next on the Agenda

SupplyShift

Following over 10 years of successful social auditing through which issues within the supply chain have been uncovered in the tens of thousands, the ethical trade industry has increasingly started to recognize the value of tracing supply through multiple data sources right down to the individual worker. This has meant the introduction of both onsite worker interviews in audits and the introduction of worker voice tools, which are helping organizations elevate worker feedback directly to the supp

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Initiating and Leading Business Change

BlueYonder

Today’s Wednesdays for Women post is part of an occasional series titled “Lessons from Leaders,” featuring insights that can help anyone looking to grow their career and leadership skills. In today’s blog, Trish Dutton, Solutions Director in Consulting Services and member of the JDA Winning Leadership program, shares what she learned about becoming a transformational leader, especially around initiating and leading business change, from a dynamic JDA executive.

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When Worker Voice is Next on the Agenda

SupplyShift

Following over 10 years of successful social auditing through which issues within the supply chain have been uncovered in the tens of thousands, the ethical trade industry has increasingly started to recognize the value of tracing supply through multiple data sources right down to the individual worker. This has meant the introduction of both onsite worker interviews in audits and the introduction of worker voice tools, which are helping organizations elevate worker feedback directly to the supp

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Importance of Supply Chain Visibility

20Cube Logistics

The meaning of supply chain visibility can differ from person to person. It can be payment status tracking or order status tracking or inventory visibility or delivery vehicle position visibility or for someone, it can be to integrate data. However, many times in each instance getting data is not the only solution, getting relevant consolidated information at the right time is essential.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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The importance of a pilot in the solution process

AB&R

What is a pilot? In the pilot phase, we take the data we gathered from stage one, the site survey and comprehensive SRDS to select the best software and technology to use for our pilot and proof-of-concept phase. The pilot phase is essentially a small-scale implementation where our engineers start placing equipment around your facility. Once the equipment is set, we start testing our solution to gather more data and insights into the project.

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Freightera CEO Eric Beckwitt Speaking at CONNECT 2019 | Supply Chain, Management and Technology Event in Bothell, WA on May 17, 2019

Freightera

Please join us at the upcoming CONNECT 2019 | Supply Chain + Management + Technology event in Bothell on May 17th! Freightera CEO Eric Beckwitt will be speaking with thought leaders from Convoy, FLEXE, Flexport, Freightera, Microsoft, OneClick.ai, P8, REI, Seagull Scientific, UW Bothell School of Business, and the State of Washington. Thank you for inviting us and hosting the event, organizes and the event partners at APICS Puget Sound Chapter, CSCMP Puget Sound RT, ISM Western Washington, Puget

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Takeaways from Descartes Evolution 2019

Talking Logistics

I’ve been an industry analyst for over 20 years, which is hard to believe sometimes. I got started just as the dotcom craze was taking off, with new logistics startups coming to market every day (all of them announcing they were “The world’s leading provider of X” even though they were just a few months old). Virtually all of those startups disappeared by 2002 — they either burned through all of their investment money or were acquired by bigger fish.

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Mid-Market Retailers See Growth, Opportunities with Technology

ITradeNetwork

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Cognitive Computing: The Foundation of Future Business

Enterra Insights

There can be little doubt the business landscape is shifting rapidly. The digital age has knocked some businesses off their foundations and rocked entire industries. Business consultant Steve Ardire ( @sardire ) and Charles Roe, founder of CR Scribes, observe, “With rapidly increasing volumes of Big Data, there is a compelling need for smarter machines to organize data faster, make better sense of it, discover insights, then learn, adapt, and improve over time without direct programming.&#

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Insights into ERP systems in supply chain planning and implementation

Kinaxis

by Dustin Mattison. I recently had the opportunity to talk with William Cure , a Certified SCM Change Leader with over 40 years of hands on experience. In my interview we discuss how to define enterprise resource planning (ERP) systems in supply chain planning, the reasons why we need ERP systems, problems faced with implementation and how to successfully implement a new ERP system in a corporation.

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One Man’s Solo-Trip on a Boeing 737 is Really Additional Backhaul Revenue

Kuebix

On March 16th, Skirmantas Strimaitis discovered he was the lone passenger on a Boeing 737-800 with a seating capacity of 189 people headed from Vilnius, Lithuania to Bergamo, Italy. When tour operator company Novaturas realized the flight they had chartered earlier for guests was going to fly back empty, they decided to put one-way tickets […].

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Why is maverick spend a problem for procurement organizations (and when is it not)?

Xeeva

We recently held a webinar in which our Chief Strategy Officer, Steve Griffiths, and Institute for Supply Management’s (ISM) Managing Director of Global Operations, Lane Burkitt, discussed the impact technology is having on maverick spend. One of the points they touched on during their discussion was why maverick spend can be such a problem for procurement organizations – and in what instances it’s not a problem.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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5 Expert Tips To Successfully Run A Warehouse

SCJunction

On the surface, it appears obvious that the success to achieving a smart business is process efficiency. Naturally, the less time and effort spent on tasks, the healthier your profit margin. With technology progressing rapidly there’s very little excuse today for anything other than a well-optimised warehouse, but it can be challenging to know where to start and which changes are worth your time.

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Retail Imports Rising Again as Summer Approaches

Material Handling & Logistics

The first half of 2019 is expected to total 10.7 million TEU, up 3.7% over the first half of 2018.

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Mid-Market Retailers See Growth, Opportunities with Technology

ITradeNetwork

There’s a steadily thriving niche of local, mid-market grocers that are integral to their communities. Over the past six years, in the face of new, large-scale competitors, these mid-sized stores have remained steadfast; over the last six years, mid-market retailers saw an average growth of about 6.5% (“ Mid-Market Grocer Growth: Organic, Seeded, or Grafted?

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Road Report: Purposeful Innovation Proves Powerful

TrackVia

Last week, I attended the 2019 Manufacturing and Technology Conference in Pittsburgh. The conference is a 1-stop shop for manufacturing decision makers — from design to delivery — to stay at the forefront of digital transformation. During the conference, leaders in the industry offered innovative ideas, compelling insights, and effective strategies to improve operations.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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Mid-Market Retailers See Growth, Opportunities

ITradeNetwork

There’s a steadily thriving niche of local, mid-market grocers that are integral to their communities. Over the past six years, in the face of new, large-scale competitors, these mid-sized stores have remained steadfast; over the last six years, mid-market retailers saw an average growth of about 6.5% (“ Mid-Market Grocer Growth: Organic, Seeded, or Grafted?

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EU Conflict Minerals Regulation to take effect in 2021

ChainPoint

In 2017, the European Parliament and the EU Council adopted a new regulation regarding the import of so-called conflict minerals. These new set of new regulation will take effect in 2021: importers from the EU have until then to put a due diligence system in place.

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Centralised Inventory Management: Is it right for you?

Unleashed

Inventory management is a game changer when it comes to retail profitability. When your inventory is managed well, other parts of your business reap the benefits. However, the importance of inventory management isn’t always appreciated and can be overlooked by business owners. This is interesting because, from a financial point of view, inventory is one of your greatest assets.