Mon.Aug 03, 2020

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Five Inventory Optimization Secrets for Aftermarket Parts

ToolsGroup

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand.

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What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

McKinsey & Co., and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and ca

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Leveraging Scenario Planning for S&OP Decision Support

AIMMS

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

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A Socially Responsible Manufacturer Thrives Despite Coronavirus

Logistics Viewpoints

Being a socially responsible company can create a strong brand, a committed workforce, and loyal customers. It comes at a cost. The products will generally be more expensive, limiting sales. Progressive companies are often small, requiring them to use less-than-truckload. Less-than-truckload has adverse service and environmental impacts. In short, fair trade and environmental initiatives lead to socially responsible manufacturers having more complex supply chains.

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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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Leveraging Scenario Planning for S&OP Decision Support

AIMMS

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning, Supply Chain Research Team, 4 May 2020).

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Supply Chain Model Accuracy is the Key to Digitalization

Adexa

According to a recent article by Gartner: “priority should be given to evolving the digital supply chain twin — can’t do anything E2E without this foundational capability.” Furthermore, they say that: “Before you can do the prediction and prescription (which together equals decision making) … you need to create a model of the supply chain upon which you can predict and prescribe.”.

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Can your business handle an eCommerce Christmas like no other?

IT Supply Chain

By Leigh Anderson (pictured). Managing Director at Bis Henderson Recruitment. The post Can your business handle an eCommerce Christmas like no other? appeared first on IT Supply Chain.

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What Is Robotic Process Automation & How Does It Apply to the TMS?

MercuryGate

Automation is the clear winner of supply chain success. Unfortunately, many companies are stuck in the days of antiquated processes, manual data review, and cumbersome back-office processes. When it comes to software, sharing information between systems is easy, but what happens next with that data can’t be overlooked. It can make or break your performance […].

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COVID-19 accelerates four trends and changes within global supply chains

Proxima

In a matter of days, an unexpected global disruption sent shock waves throughout countries, communities, governments, and businesses as the COVID-19 pandemic spread rapidly. Companies reacted swiftly to protect employee health and safety. Next, strategic quality control and business recovery efforts were put into action – but not without some unparalleled challenges along the way.

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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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Bracing Your Supply Chain for Q4, COVID-19, and Keeping Up (Part 1)

FLEXE

4 industry experts sit down to discuss supply chain resilience and how to prepare for the Q4 peak that’s just around the corner. Watch the webinar.

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Event Review: Supply Chain Summit 2020

All Things Supply Chain

From 16th– 18th July, I had the privilege of taking part in the virtual Supply Chain Summit 2020 from the comfort of my own home.

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For Shippers, Dynamic Invoice Matching May Yield a 10% Boost in the Bottom Line

MPO Multi Party Orchestration

The invoice matching process is typically associated with accuracy. A supply chain business partner performs a service, and the invoice they submit should correctly reflect what was delivered in that agreed upon service. While it sounds simple enough, times have changed. In today’s complex, global supply chain, operations don’t always go as planned.

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3 ways to avoid cargo scams

DAT Solutions

The trucking industry is the engine that keeps the American economy moving. Unfortunately, that also makes transportation companies occasional targets for scammers that are looking to steal from a $700 billion industry. Luckily, there are measures that motor carriers, freight brokers and 3PLs can take to protect themselves.

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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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Case Study: Kat the Label

TradeGecko

How one designer lingerie label turned things inside out. Inspired by the love of lace, design, style, and details, Kat the Label is a bespoke lingerie brand from Australia. Committed to ethical trade, it lives by the motto of: "We’ll compromise on a lot of things. but never our lingerie.”. Like many a small business, it relied heavily on brick-and-mortar sales.

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Chainalytics Recognized as a Top Supply Chain Services Provider in 2020

CHAINalytics

Chainalytics was nominated by its clients for outstanding service Atlanta, GA (August 3, 2020) — Chainalytics, a recognized global leader in supply chain consulting and analytics, has been named one of SupplyChainBrain’s 100 Great Supply Chain Partners for 2020. The prestigious annual list comprises a select group of companies whose customers have recognized them as … The post Chainalytics Recognized as a Top Supply Chain Services Provider in 2020 appeared first on Chainalytics.

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Little Holiday Joy for Retailers, Preparing for a Peak Season That Could Go Bust

Supply Chain Brain

Right about this time in any “normal” year, ocean carriers and truckers would be entering their annual peak season for freight volumes, in expectation of that ever-reliable holiday shopping bonanza.

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From Open Banking to Open Everything

Axway

The banking industry is undergoing a remarkable transformation. As technology continues to offer new and innovative ways to provide financial services , what it means to be a bank is changing every day.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

What sounds like a lot of money? $339.7 million. $290.5 million. $186.4 million. $181 million. $163.5 million. $77.5 million. The figures above are the total funding that Casper, Warby Parker, Glossier, Away, Dollar Shave Club, and Allbirds have respectively received from venture capitalists (VCs) for a combined total of $1.24 billion. Direct-to-consumer (DTC) brands have been disrupting their traditional incumbent counterparts for some time now.

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Digitalizing Machines Made Easy Using Sound-Based Monitoring

Exapro Hub

Exapro is partner with Neuron Soundware, a smart solution for preventive maintenance monitoring machines using sound. Today, we are happy to announce a new basic package allowing the digitalisation of common machines: the nShield. Powered by Neuron […]. The post Digitalizing Machines Made Easy Using Sound-Based Monitoring appeared first on Exapro Hub.

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Commodity & trade fairs in china [GUIDE 2020]

DocShipper Sourcing

Even the COVID-19's impact is still concerned with each of us, the potential business opportunities await in trade fairs and commodity fairs for you. Do you feel frustrated when you're an individual trying to start your own business? Do you find it helpless when you're a small company trying to maintain under the tough circumstances? … The post Commodity & trade fairs in china [GUIDE 2020] appeared first on ?

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Optimising e-commerce business for the new normal

Manufacturing & Logistics IT

The global COVID-19 pandemic has undoubtedly disrupted the retail sector significantly. With many stores forced to close their doors over lockdown, there has been a sudden and rapid rise in online shopping.

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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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How to find the best Electric Scooter supplier in china?

DocShipper Sourcing

When it comes to the springing up of industry, with no exceptions there are two reasons: technology advancement creates new demands, and in return, demands give impetus to technology advancement. As the core technologies of the electric scooter industry, which are Electric Motors, Electronic Control, and Batteries, are all mature and well-established subsystems that have … The post How to find the best Electric Scooter supplier in china?

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Celebrating our SupplyChainBrain power

SnapFulfil

SnapFulfil has again been selected in the annual Top 100 Great Suppy Chain Partners by leading industry title SupplyChainBrain.

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5 Reasons to Diversify Your Carrier Network Now

GlobalTranz

[link] Every supply-chain on the planet is clamoring for the best way to future-proof operations against possible disruption. The COVID-19 crisis emphasizes the dramatic problems created with single sourcing strategies. Unfortunately, the strategies are simply so ingrained in the supply chain that many organizations have still yet to diversify their networks.

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How to find the best Electric Scooter supplier in china?

DocShipper Sourcing

When it comes to the springing up of industry, with no exceptions there are two reasons: technology advancement creates new demands, and in return, demands give impetus to technology advancement.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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AP News: Debate begins for who’s first in line for COVID-19 vaccine

Operations and Supply Chain Management

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How to calculate profit margins [with examples]

Unleashed

Gross profit margin , operating profit margin , and net profit margin are three key metrics strongly connected to gains in productivity. So it’s important to understand how to calculate these measures – or at least understand them when using business intelligence software. How to calculate the gross profit margin ratio. Gross profit margin shows how much profit the business has before deducting selling, general and administrative costs.