Mon.Aug 19, 2019

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Force Majeure Isn’t Always the Excuse That Suppliers Think It Is

Supply Chain Brain

Force majeure clauses are intended to protect parties to a legal contract from losses caused by disruptive events beyond their control. But supply-chain partners might be surprised to learn what such language doesn’t cover.

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ESSENTIALS OF AN ePROCUREMENT SYSTEM

Eyvo

eProcurement must-haves! By Deepa Mordani. One of the procurement goals of an organization is to find a system that offers real-time data and is cost-effective. Orison Swett Marden says, “A good system shortens the road to the goal”. A good system could mean various things to various people. There are two types of companies as we see them. One is the kind that uses traditional methods of procurement and seems satisfied with it.

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How will the Looming Recession Impact Global Supply Chains?

Logistics Viewpoints

On Thursday, yield curves inverted and the stock market tanked. An inverted yield curve signals a recession in 14 to 20 months. Companies need to prepare by developing more agile supply chains. Integrated business planning and supplier risk management are critical tools. The post How will the Looming Recession Impact Global Supply Chains? appeared first on Logistics Viewpoints.

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Why data intelligence is crucial to the business success of today’s fashion companies

Pivot88

Historically, the apparel industry’s success has always relied on a combination of design and physics. Data has never really been a part of that equation. But the rise of the Fourth Industrial Revolution, has opened up a lot of new opportunities for fashion supply chains. Digital supply chains help drive improvements to traditional supply chains by developing and implementing advanced digital technologies like IoT, machine learning, artificial intelligence, predictive analytics, etc.

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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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Why Omnichannel Supply Chain Success Depends on Inventory Optimization

Veridian Solutions

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented newer warehouse management systems (WMS) and automated processes, current inventory opti

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Top 3 Most Common Inventory Control Policies

The Smart Software

To make the right decision, you’ll need to know how demand forecasting supports inventory management, choice of which policy to use, and calculation of the inputs that drive these policies.The process of ordering replenishment stock is sufficiently expensive and cumbersome that you also want to minimize the number of purchase orders you must generate.

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IMO 2020 Simplified

Freight Plus

Chris Peckham, Director of Operations at Aborn & Co., explains the International Maritime Organizations mandate to reduce air pollution and improve health and environmental benefits especially for communities residing near ports by January 1, 2020. What is the IMO 2020? How will it affect transportation and logistics? When can we expect to see the impact and much more are discussed.

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Talking to Myself about the Top 25 Supply Chains

Material Handling & Logistics

Sorting out what it actually means to be ranked as one of the top supply chains in the world.

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Supply chain optimization: 5 ways to navigate tariffs & the trade wars

FLEXE

Tariffs are creating a lot of uncertainty for businesses, and their customers. Here are five things you can do to offset impending tariff costs.

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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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Supply Chain News on Truckers Happy with Proposed Hours of Service Rules, Union, Safety Groups Not

Supply Chain Digest

Goal is for Greater Flexibility, FMCSA Says

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Warehouse Inventory Management (Doing it The Right Way)

GlobalTranz

Warehouse management seems easy in theory, but there are actually a lot of things you need to pay attention to in order to do it properly. It’s very important to manage your warehouse and organize it correctly because you’ll need all the order you can get when all those orders from customers start coming in.read More. The post Warehouse Inventory Management (Doing it The Right Way) appeared first on Transportation Management Company | Cerasis.

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Supply Chain Newsmakers Video Series on The Three Use Cases for Data Scientists in Supply Chain

Supply Chain Digest

Dr.

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Data Scientists and Machine Learning

Enterra Insights

Most articles about artificial intelligence (AI) focus on the specific area of machine learning. Machine learning is one the most obvious ways to make sense of the oceans of data being created in today’s business world. John Rakowski ( @momskij ), Director of Product Marketing for Application Performance Management and analytics at AppDynamics, asserts, “A lack of understanding about machine learning is holding enterprises back from adopting this emerging technology.”[1] He add

Data 100
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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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Van rates still waiting for a rebound

DAT Solutions

Van freight trends have been muted for nearly all of 2019 – we haven't seen many sharp spikes or large drops. Overall, it's been a steady decline, interrupted by higher rates in June and the first half of July.

Trends 99
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The Changing Business of Freight Brokerage: 3 Ways to Come Out on Top

Parade

Over the past 15 years, brokerages have largely adopted good foundational technologies like a Transport Management System (TMS), a tracking system, and a Customer Relationship Management (CRM) system such as Salesforce. The way Carrier Sales Reps (CSRs) engaged carriers has been largely unchanged; relying on mental rolodexes, executing repetitive tasks, manually checking load boards, and manually making TMS queries.

Freight 60
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Reefer markets still await late-summer harvests

DAT Solutions

Reefer markets have been waiting for an uplift from late summer fruit and vegetable harvests, but so far, that hasn't happened. The Midwest has made gains, but not enough to make up for markets where harvests have struggled due to weather.

Trends 97
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The Changing Business of Freight Brokerage: 3 Ways to Come Out on Top

Parade

Over the past 15 years, brokerages have largely adopted good foundational technologies like a Transport Management System (TMS), a tracking system, and a Customer Relationship Management (CRM) system such as Salesforce. The way Carrier Sales Reps (CSRs) engaged carriers has been largely unchanged; relying on mental rolodexes, executing repetitive tasks, manually checking load boards, and manually making TMS queries.

Freight 60
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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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Why customer service is critical to SnapFulfil's success

SnapFulfil

In this 24/7 society where we expect deliveries the same day by the touch of a button, the pressure is on to minimise mistakes and maintain customer satisfaction. Social media adds another element, where customers are quick to air their grievances publicly and reputations can be shattered overnight with losses amounting to millions.

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The Changing Business of Freight Brokerage: 3 Ways to Come Out on Top

Parade

Over the past 15 years, brokerages have largely adopted good foundational technologies like a Transport Management System (TMS), a tracking system, and a Customer Relationship Management (CRM) system such as Salesforce. The way Carrier Sales Reps (CSRs) engaged carriers has been largely unchanged; relying on mental rolodexes, executing repetitive tasks, manually checking load boards, and manually making TMS queries.

Freight 60
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6 Foolproof Ways to Grow Your Subscription Business

ShipBob

So, you’ve created a subscription offering with some really great products. Congratulations! Setting up subscriptions is no easy feat, but gaining traction and converting your existing and prospective customers over to subscriptions is the most challenging component yet. Although subscriptions boast a wide variety of benefits, like convenience and efficiency, it will still take some work to convince customers to opt in.

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The Changing Business of Freight Brokerage: 3 Ways to Come Out on Top

Parade

Over the past 15 years, brokerages have largely adopted good foundational technologies like a Transport Management System (TMS), a tracking system, and a Customer Relationship Management (CRM) system such as Salesforce. The way Carrier Sales Reps (CSRs) engaged carriers has been largely unchanged; relying on mental rolodexes, executing repetitive tasks, manually checking load boards, and manually making TMS queries.

Freight 60
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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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When levees break: How retailers are preparing for a riskier natural world

American Global Logistics

Retail Dive –The march of fearsome weather events has caught the attention of retailers, who collectively have some 26,000 stores at risk to climate-based calamities. Thousands of stores across the industry lie in the path of hurricanes and flood zones as well as coastal areas expected to experience sea level rises in the coming decades. […].

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IMO 2020 Simplified

Freight Plus

What is the IMO 2020? How will it affect transportation and logistics? When can we expect to see the impact and much more are discussed. Learn everything you need to know about IMO 2020 mandate.

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Big Ideas in Supply Chain | Keysight Technologies: Risk recovery after a natural disaster

Kinaxis

by Sarah Harkins Imagine that three natural disasters hit your global supply chain within three years. For Keysight Technologies, this isn’t a hypothetical scenario. Between 2015 and 2016, earthquakes in Japan and explosions at a container storage station in China affected parts of the company’s supply chain. Then in 2017, the Tubbs wildfire burned down two structures at the company’s headquarters and damaged others.

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RELEX Announces that The Vitamin Shoppe Has Chosen its Integrated Supply Chain Solutions

RELEX Solutions

Read PDF. RELEX Solutions is pleased to announce that The Vitamin Shoppe , a leading omni-channel specialty retailer of nutritional products, has partnered with the Company to ensure its customers can easily find the products they need to live their best lives — however they define it. RELEX’s supply chain solutions will service over 750 The Vitamin Shoppe locations and the e-commerce platform, as well as the two distribution centers that support its operations.

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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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Inventory Backorders And Their Impact On Inventory Control

Unleashed

Effective inventory control is a balancing act between reducing the costs of holding too much inventory stock with the need to maintain enough stock to meet customer demand. Stockouts in many cases lead to lost sales and customer dissatisfaction but what if there is a customer order that cannot be immediately filled but for which the customer is prepared to wait?