Mon.Feb 11, 2019

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What Is Demand Sensing and Why Supply Chain Executives Need to Know More

Veridian Solutions

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing. However, what is demand sensing? In its most basic sense, it’s about sensing demand based on variables in supply and demand, but that’s only half the concept.

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Business Transformation for the Digital Age

Enterra Insights

Twenty-five hundred years ago the philosopher Heraclitus, wrote, “The only thing that is constant is change.” It’s a lesson the business world constantly learns even as some sectors resist change. The most apparent changes today have to do with digitization. There is no denying we live in the digital age and the lifeblood of the age is data.

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Impact of Brexit on Warehousing

The Network Effect

We’re all sick of hearing about it, but for business leaders and supply chain managers, Brexit is posing tough questions. The post Impact of Brexit on Warehousing appeared first on The Network Effect.

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FDA Making Drug Supply Chain More Secure

Material Handling & Logistics

"Using new innovations, we believe we can improve the overall security of our closed system and improve our ability to prevent the introduction of illegitimate products," says FDA commissioner Scott Gottlieb.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Have You Given Your Planner Love Today?

Supply Chain Shaman

As I write this blog, Valentine cards scatter my desk. This is the week for love: a time to send cards and letters to those that we appreciate. I am in the middle of sending the cards to my grandchildren. It is in this spirit, that I write this post. The most unloved employees in the back office are supply chain planners. As supply chain leaders, I would encourage you to send each of them some love for Valentine’s Day.

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5 Ways Big Data is Redefining Supply Chain

River Logic

Big data incorporates data-sets on the order of terabytes and petabytes. Self-correcting and self-monitoring, big data systems make outlier data more noticeable and allow development of statistical models and trends. This facilitates predictions from supply chains to human resources and everywhere in between. Machines "learn" to operate from inductive and predictive analyses.

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Is it time to integrate your supply chain design with execution?

JDA software

It wasn’t that long ago that integrating all the strategic, operational and tactical aspects of your end-to-end supply chain was considered a pipe dream. Times sure have changed! Customer expectations for product availability and seemingly endless purchasing channels are driving many companies to move product faster and smarter than ever before. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. its

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How Well Does Your TMS Support Cross-Docking Automation?

Supply Chain Collaborator

Cross-docking is not a new practice for shippers, but it is one that is increasingly being relied upon in the age of just-in-time supply chain management. Here are some of the factors driving increased use of cross docking as a logistics practice and the ways today’s TMS platforms are making the process easier and more efficient in driving performance and cost savings.

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Is it time to integrate your supply chain design with execution?

BlueYonder

It wasn’t that long ago that integrating all the strategic, operational and tactical aspects of your end-to-end supply chain was considered a pipe dream. Times sure have changed! Customer expectations for product availability and seemingly endless purchasing channels are driving many companies to move product faster and smarter than ever before. Today, a company’s success is largely driven by: its network design and how that company manages its supply, production and distribution locations. its

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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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Ocean Freight Rates Increased Ahead of Lunar New Year — But Not By Much

American Global Logistics

Supply Chain Dive —Dive Brief: • Ocean shipping rates ticked up ahead of the Lunar New Year. Rates from China to the U.S. West Coast rose to $2,061.50 in January 2019 — a 5% increase over the previous month and a 51% increase over January 2018. • Rates from China to the U.S. East Coast also […]. The post Ocean Freight Rates Increased Ahead of Lunar New Year — But Not By Much appeared first on AGL.

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2019 Transportation Industry Trends

GTG Technology Group

6 Transportation Industry Trends to Look for in 2019. 2018 has ended and 2019 is here! New opportunities in the transportation industry are thriving. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. This will allow them to maintain their competitive edge. Below are the notable trends for 2019.

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Predictions from Supply Chain Gurus for 2019 Full Text Version Part 1

Supply Chain Digest

Complete Predictions from Mike Regan, Gene Tyndall, and Dr.

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Prescriptive Analytics Use Cases for Sales and Marketing

River Logic

As the flood of customer information continues to pour in through an ever increasing number of digital touchpoints, b ig data use cases for sales and marketing have grown exponentially. The growth of predictive analytics has, in turn, also been driven by customer-focused use cases. Companies are attempting to understand the underlying correlation/causation in those data lakes and turn that information into better targeting, promotions and demand forecasts.

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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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Welcoming our new CFO!

Unleashed

This year, the Unleashed team welcomes Cameron Ford as our new Chief Financial Officer! With over ten years of experience managing the financials for software and technology companies, Cameron and his team are focused on supporting the growth of our business globally. Why did you join Unleashed? It’s an exciting organisation that has a whole bunch of great people; I love the fast moving energy in the New Zealand office.

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Maximizing Financial Flow vs Capacity Discipline — Cuz That's Where the Money Is!

River Logic

What is Capacity Discipline? When the infamous bank robber, Willie Sutton , was asked why he'd robbed banks, he purportedly said, "Cause that's where the money is!" Capacity Discipline is a buzz phrase that airlines like to use to describe their own version of airway robbery: restricting the number of available seats in many markets by flying smaller airplanes or fewer flights which then drives up the price per seat (law of supply & demand).

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AB&R® launches launches a new online store for supply chain professionals.

AB&R

Phoenix, Arizona, February 11, 2019 – AB&R® (American Barcode and RFID Inc.), a nationwide provider of proven supply chain solutions, launches a new online store for supply chain professionals. The upgraded e-commerce website is guiding professionals in all industries to easily search for Barcode and Radio Frequency Identification (RFID) products that can improve the productivity and efficiency of the supply chain.

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11 Software Requirements for Stochastic Optimization

River Logic

This is the first part of a two-part series on stochastic optimization, defined in Wikipedia as “optimization methods that generate and use random variables. For stochastic problems, the random variables appear in the formulation of the optimization problem itself, which involve random objective functions or random constraints, for example.”.

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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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6 Things You Need to Know About Robotics Industry in China

Insights Solutions Global

What's happening in the robotics industry in China, specifically the industrial robots? What do you need to know to gain a share in the robotic field and earn your business competitive edges? Here are 6 areas that you can start.

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Five Key Questions a Successful S&OP Process Strategy Should Ask

River Logic

Sales and operations planning has been around for decades. At the time it was created, the emphasis was on setting up a process that would facilitate collaboration between the commercial departments (e.g., sales, marketing) and operations (e.g., manufacturing, procurement, inventory, distribution). The objective of this collaboration was to agree on one plan, such that the company made the products it was planning to sell in the most efficient manner.

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Fixing the Major Issue of Detention Time for Truckers

Zipline Logistics

First off, what is truck detention and what is detention pay for truckers? When shipments aren’t ready to be loaded, even if a truck driver arrives on time, the trucker is “detained” and must wait for freight (and its paperwork) to be prepped. The industry standard is to have trucks loaded in two hours. After […]. The post Fixing the Major Issue of Detention Time for Truckers appeared first on Zipline Logistics.

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Traditional Cost Modeling is Failing. Here's What You Can Do.

River Logic

Businesses, non-profits, and even government organizations need cost models to support decision making. Without cost and profitability models, financial planning — much less financial optimization — would be almost impossible.

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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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New England Motor Freight Files Voluntary Chapter 11 Petition

Freight Plus

New England Motor Freight Files Voluntary Chapter 11 Petition

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River Logic Can Help Congress Balance the Budget

River Logic

If only Congress would use Enterprise Optimizer …. Watching the recent budget negotiations on TV, it is clear to me that Congress is currently grappling with two critically important issues: (1) infeasibilities – and how to avoid them; and (2) opportunity values – and how to get them and use them effectively. These same elements happen to be fundamental analyses available within Enterprise Optimizer (EO).

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New England Motor Freight Files Voluntary Chapter 11 Petition

Freight Plus

ELIZABETH, N.J.--(. BUSINESS WIRE. )--New England Motor Freight, Inc. (the "Company" or "NEMF") today announced that the Company and ten related entities have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey in Newark on February 11, 2019. NEMF intends to use these proceedings to facilitate an orderly wind-down of its operations.

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We Want to Hear from OR Professionals!

River Logic

INFORMS 2015 is right around the corner — as is a new year in OR — and we want to hear your thoughts on " The State of Operations Research.". Whether you're an academic, a consultant, a software developer or even a student, we'd love to snag 3 minutes of your time to complete our survey. (Yes, it only takes 3 minutes.we promise).

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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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We want to thank you for being a loyal customer

MAVES

This Valentine's Day we decided to create a video to say thank you to our clients. We appreciate your business and your support. [link] The post We want to thank you for being a loyal customer appeared first on Maves.

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Prescriptive Analytics Delivers Major Cost-savings to CFOs

River Logic

The age of connectivity is at it’s outset. While today nearly 40% of the world’s population has an internet connection, that number will only continue to increase. The Internet of Things (IoT), where products communicate with their surroundings via connectivity, like a car receiving instructions to slow down from sensors on a bridge detecting ice, is imminent.

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6 Things You Need to Know About Robotics Industry in China

Insights Solutions Global

What's happening in the robotics industry in China, specifically the industrial robots? What do you need to know to gain a share in the robotic field and earn your business competitive edges? Here are 6 areas that you can start. The post 6 Things You Need to Know About Robotics Industry in China appeared first on Insight Solutions Global.

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