Tue.Feb 23, 2021

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Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The real challenge is making sure it’s a good plan. Optimizing your inventory is a different beast than simply planning your inventory. If my time in supply chain planning has taught me anything, it is that most companies are carrying far more inventory than they actually need to meet their service level targets.

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Editor’s Choice: Transforming the Grocery Shopping Experience with Last Mile Delivery

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Omer Ucar at Solvoyo. It was mid-March when my flatmate and I burst into a panic as the first cases of COVID-19 were officially announced. Both of the companies we were working for abruptly told us to stay home and work remotely.

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3 Ways to Ensure On-Time, In-Full Delivery of Inventory

Logility

Logility is working with a leader in the distribution and logistics space that provides delivery to auto dealers for the dealers’ parts and services business. This specialization allows them to be more efficient and knowledgeable about their customers and the specific parts they are delivering. Because these parts cannot be sold and services cannot be scheduled and performed until the parts are delivered, it is exceptionally important that they deliver on time and in full.

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Shipment Volume Surge: How Dock Scheduling Helps Maintain Shipper of Choice

C3 Solutions

E-commerce has increased to numbers no one could’ve predicted. And the demands appear to be heading in an upward direction. As reported by Forbes, Vivek Pandya, Adobe’s Digital Insight’s manager summed up this trend across retail supply chains nicely. “According to our data, it would’ve taken between 4 and 6 years to get to the levels that we saw in May if the growth continued at the same levels it was at for the past few years.”.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Q&A with Joe Bellini on Supply Chain Trends of 2021 (Part 2)

The Network Effect

The post Q&A with Joe Bellini on Supply Chain Trends of 2021 (Part 2) appeared first on The Network Effect.

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Featuring Our 12 Best Global Process Excellence ™ Articles!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBook here. The company I had just joined had over two dozen logistics and distribution facilities around the world. While there were a lot of great people in those operations they had little interaction with their peers around the globe. But best global process excellence procedures were nowhere to be seen.

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Leadership’s biggest concern: How to manage their people

Procurement Academy

Tom Graham , a Consultant within Berwick Partners’ Procurement & Supply Chain practice has been speaking with Chief Procurement Officers across the globe, from a range of different sectors to discuss their leadership concerns during this next phase of the crisis. The discussions focused on the complication’s leaders may face as we enter the next stage of the crisis in addition to the part office-based, part-remote way of working at some stage in the future.

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Can 2021 Get Any Crazier than 2020 in CPG and F&B Manufacturing?

QAD

A year ago at this time, I carefully drafted a blog of predictions for 2020 in the consumer products and food & beverage industries. Never in my wildest dreams did I envision what would unfold next. Can 2021 Get Any Crazier? It’s the new year, but we are still on the roller coaster ride begun a year ago: many are working from home, kids are doing school online, the pandemic rages on and vaccines are being delivered, but slower than anticipated.

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Why customer service failures are usually the result of improper technology use

IT Supply Chain

By Neil Hammerton (pictured). CEO, Natterbox. The post Why customer service failures are usually the result of improper technology use appeared first on IT Supply Chain.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Losing Money on Customer Orders and Supply Chain Profit Leak

Logistics Bureau

Up to 14% of customer orders could be losing money in your Supply Chain. Why? Watch this episode: Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307.

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StockTrim helping wholesalers through stressful year [article from DEMM Engineering and Manufacturing Magazine]

StockTrim

[A version of this article appeared in the Jan/Feb edition of DEMM Engineering and Manufacturing Magazine]. Inventory forecasting software StockTrim is finishing 2020 having proven itself effective in a year which tested supply chain resilience.

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Why Supply Chain Improvement is Vital Now to Your Operations

USC Consulting Group

If you’re like most manufacturers, your supply chain has been disrupted by COVID-19, especially if much of that supply came from China or Southeast Asia. Supply disruptions and downright stoppage hit back in February 2020, and demand dried up when the economy shut down shortly thereafter. Many manufacturers felt that one-two punch deeply. The U.S.

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Evans Distribution Systems Welcomes New Director of International Solutions

3PL Insights

MELVINDALE, Mich., Feb. 23, 2021— Evans Distribution Systems, a provider of third-party logistics and supply chain solutions, welcomed Dawn Harthun, as the new Director of International Solutions. In her role, Harthun will oversee international sales, solution development, and account management. She brings extensive experience in operations, international supply chain and U.S. trade compliance.

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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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DiManEx contributes to World Economic Forum report on Data Excellence

DiManEx

As we announced last year, DiManEx is a proud member of the World Economic Forum’s Global Innovators Community. As a member, we contribute by sharing our knowledge and expertise in the area of supply chain optimization and additive manufacturing. Most recently, we contributed insights for Data Excellence: Transforming manufacturing and supply systems , a study conducted by the Forum and Boston Consulting Group (BCG).

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Why Shippers Should Avoid CPU Arrangements with Distributors like UNFI

Zipline Logistics

To many, customer pick-up (CPU) arrangements appear like a simple method for circumventing the challenges of getting their product to distributors. After all, with CPU, the customer handles picking up your product from your facilities, which seemingly eliminates the time-consuming day-to-day execution of transportation scheduling. But what is not always obvious is how surrendering control of your operation in exchange for CPU arrangements can cause greater logistics headaches and downstream effe

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IIoT Keeps Manufacturing Strong in Difficult Times

DELMIA Quintiq

Many manufacturers are revamping the way they do business, but, the Internet of Things (IoT) and Industrial Internet of Things (IioT) are not included in this. The strength of IoT and IIoT is being able to obtain data at a distance. Now there is an even greater way to connect our information over further distances. Under the current business trends, we are trying to be more creative.

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Why To Ship And How To Ship – We’ll Help You Make The Right Decisions

Gravity Supply Chain

Multimodal transport supply chains often lack end-to-end visibility. Digitize for visibility, transparency, traceability & accountability to mitigate risk! Leave a Reply [contact-form-7].

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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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Nicole Glenn and the Candor Expedite Story

The Logistics of Logistics

Nicole Glenn and the Candor Expedite Story. Nicole Glenn and Joe Lynch discuss Nicole’s story and the story of her company, Candor Expedite. Nicole is the Founder and CEO of Candor Expedite. About Nicole Glenn. Nicole Glenn , Owner and President of Candor Expedite , a critical expedite service provider as well as a white-glove B2B company. Prior to opening and operating Candor, Nicole works hand in hand with company owners to develop their companies and grow their customer following and el

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Supply Chain News on MIT Report on Factories of the Future

Supply Chain Digest

Manufacturers Must Go Be Industry 4.

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How to give executives a clear view into transportation budgets

DAT Solutions

The spike in truckload shipping costs in 2020 brought extra attention to transportation budgets and operations. Given all the uncertainties that still exist in the marketplace, how can you successfully plan and execute on a new transportation budget?

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Watch: What’s Standing in the Way of Efficient Vaccine Distribution?

Supply Chain Brain

Cheryl Druehl, associate professor of operations management at George Mason University’s School of Business, details the many ways that distribution of the COVID-19 vaccine went wrong — and the lessons to be learned from it.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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What to Look for When Choosing an E-commerce Fulfillment Company

BR Williams Supply Chain Management

Is your business quickly growing? If you have the ability to outsource, it may be time to explore third-party warehousing and E-commerce order fulfillment services. With the dawn of Amazon Prime and two-day shipping, your ability to get your product to the right place at the right time matters now more than ever without jeopardizing brand loyalty. Working with an e-commerce fulfillment company may be overwhelming.

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Inventory Visibility – Why You Need It?

Tecsys

Editor’s Note: This post was originally published in November 2016 and has been updated for… The post Inventory Visibility – Why You Need It? appeared first on Tecsys.

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Kenco Logistics Launches STARR Transportation Management System

Supply Chain Brain

Kenco Logistics, a third-party logistics provider, has announced the launch of its latest technology offering, Kenco STARR.

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Order Fulfillment: Commodity or Competitive Advantage?

Amware Logistics and Fulfillment

If your company sells its products online, there’s an important question that you need to ask yourself: can customers buy your products – or very similar products – from other eTailers? If the answer is ‘yes,’ you need to look for ways to get a leg up on those competitors.

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Enhancing Efficiency in Design: Suzuki Motor Corporation's Integration of CADDi Drawer

Suzuki Motor Corporation integrates CADDi DRAWER to streamline design processes. The cloud service organizes past drawings, facilitating quick access, reducing search time, and preventing duplication, ultimately enhancing design team efficiency.

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The Near-Shoring Trend: Will China’s Loss Be Mexico’s Gain?

Supply Chain Brain

As a favored source of low-cost manufacturing for U.S. markets, Mexico seems to come and go.

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How to Choose the Best 3PL for Your Business

Freight Center

What’s the best way to go about choosing a 3PL? When it comes to meeting the expectations of your customers and making sure your products are getting from point A to point B without a hitch, don’t risk it by working with just any 3PL. There are a lot of options to choose from, and it’s not a process to be taken lightly or something you want to take a shortcut on.

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Ocean Cargo Snarls Force Global Commerce to Look Outside the Box

Supply Chain Brain

An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions.

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