August, 2021

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Here’s How to Measure Inventory Health

ToolsGroup

Looking for a relatively quick way to measure inventory health? “It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. “Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” As a reminder, the key to measuring inventory health is to assess inventory holdings relative to expected future customer demand according to service level (pr

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5 Things to Look for When Vetting Logistics Transportation Services

GlobalTranz

As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value articl

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“Transitory” Inflation and Supply Chain Disruption

Logistics Viewpoints

The phrases “transitory inflation” and “supply chain disruption” have been frequently used in the general and business news media this summer. And they have at times been used together to describe the general economic environment. Certainly, supply chain constraints are a partial cause of the current above trend inflation. Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of

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Getting Started with Scenario Modeling in Supply Chain Network Design

AIMMS

The post Getting Started with Scenario Modeling in Supply Chain Network Design appeared first on AIMMS.

Modeling 385
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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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No, AI has not killed supply chain management

Supply Chain Movement

Some have argued that supply chain management is on its way to becoming obsolete. Recent events would seem suggest otherwise. . Death of Supply Chain? Almost three years ago, Harvard Business Review published a provocative article entitled ‘The Death of Supply Chain Management’. It became as viral as an article on Supply Chain Management can be, circulating widely on Twitter and LinkedIn.

More Trending

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Identify the Drivers of Distribution Center Performance Before Scaling Your DC

CHAINalytics

As warehousing undergoes a fundamental shift with the onslaught of e-commerce, it’s imperative that organizations identify the specific drivers that impact performance, establish e-commerce-relevant metrics, and continually monitor performance to navigate this transition successfully. Why should organizations expend the effort required to identify the input, design, and operational drivers impacting DC performance?

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One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

Supply Chain Brain

Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped by typhoons and Covid outbreaks that have worsened major congestion in the global supply-chain network.

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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Investor concern about material risks from climate change have created new reporting frameworks, such as those by the Sustainability Accounting Standards Board (SASB) an

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3 Best Practices for Supply Chain Network Design

AIMMS

The post 3 Best Practices for Supply Chain Network Design appeared first on AIMMS.

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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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What is Supply Chain Control Tower? Its Benefits & Features

SCMDOJO

Supply chains today can vary from simple to highly complex global networks. The use of several third-party logistics providers often weakens supply chain visibility and can make it difficult to track orders as they move through the system. This approach leaves businesses struggling to gather the needed data to resolve exceptions, implement corrective actions, and.

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Two Penny Model and COVID-19 Breakthrough Cases – Avoiding Data Driven Disaster

Arkieva

Learn how a simple binomial model can help anticipate the future including COVID-19 breakthrough cases just as models help a firm estimate it's future. Two Penny Model and COVID-19 Breakthrough Cases – Avoiding Data Driven Disaster was first posted on August 2, 2021 at 11:19 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Supply Chain Challenges on the Electronics and Manufacturing Industry

Supply Chain Brief Submitted Articles

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The World Economy’s Supply Chain Problem Keeps Getting Worse

Supply Chain Brain

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.

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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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Transportation Strategies for Continued Success

Logistics Viewpoints

When it comes to managing your freight spend, there are a few options to consider. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it.

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How Artificial Intelligence (AI) Can Assist Accountancy Teams With Invoicing & Processes

IT Supply Chain

By Emily Henry (pictured). Finance Writer. The post How Artificial Intelligence (AI) Can Assist Accountancy Teams With Invoicing & Processes appeared first on IT Supply Chain.

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Supply Chain at a Crossroads – Back to the Shadows or into the Spotlight?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Putting a Shine on Supply Chain’s Image! Supply Chain has historically been considered a back office function, necessary but lacking in prestige and strategic value. The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Suddenly Supply Chain and its importance was on the minds of political and business leaders, and the common person, everywhere around the world.

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How Forecastable is Your Data?

Arkieva

Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient. How Forecastable is Your Data?

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Supply Chain Agility: 6 Strategies to Improve Agility

ShipBob

Agility: the ability to move quickly and easily. When you think of what it means to be agile, you might think of an Olympian athlete competing for the gold. But in the ecommerce supply chain context, agility relates to how quickly an ecommerce business can adjust to ever-changing expectations in speed and delivery. An agile supply chain must also be able to react quickly to changes, delays, and unexpected events to maintain customer expectations, stay competitive, and grow their business.

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'Phygital' Fitness: Melding Physical and Digital to Improve Supply Chain Outcomes

Supply Chain Brain

There's a growing expectation among customers across the industrial landscape that their suppliers deliver a smoother and more reliable “phygital” experience.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

Networks Have Fistinct Advantages. McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In some industries, suppliers account for over 80 percent of the value of the products that are produced. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.

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Expert comment on Lazio’s possible supply chain attack on vaccine portal

IT Supply Chain

By Justin Vaughan-Brown (pictured). VP Product Marketing, Deep Instinct. The post Expert comment on Lazio’s possible supply chain attack on vaccine portal appeared first on IT Supply Chain.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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7 Technologies to Optimize Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Advanced technology is believed to be the springboard on which you can make your business successful and competitive. Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactur

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Dependable Financial Projections Hinge on Accurate Models of Supply Chain

Adexa

Dependable Financial Projections Hinge on Accurate Models of Supply Chain. Every plan, at high level or execution level, needs to be accurate enough to project true financial implications. Whether you are doing network design, inventory optimization, S&OP or even S&OE, Adexa solutions enable financial projections at greatest level of accuracy.

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Overcoming Production Challenges Through the Use of MES Software

IQMS

Bottom Line: Taking on manufacturing challenges and overcoming them by improving end-to-end vsibility and control first breaks down barriers in the way of taking on more customers and growing sales. The clearer and more real-time the end-to-end visbility is across shop floors and production plants, the easier it becomes to prioritize what needs to be improved first to increase production effiency, solve an urgent quality problem, increase yield rates and more.

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Watch: Is Blockchain the Key to Achieving Supply Chain Transparency?

Supply Chain Brain

Paul Brody, blockchain leader with EY, describes the remarkable progress that blockchain technology has already made in the area of supply chain management, and how it must further evolve to reach its full potential.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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The New Face of Grocery Delivery

Logistics Viewpoints

Grocery delivery is not a new phenomenon. In fact, it’s been around for more than 3 decades, although the ongoing pandemic has certainly lifted the market to new heights. However, I should clarify that when I say grocery delivery, I am talking about e-commerce grocery delivery. The home delivery model has been around for a lot longer than 3 decades, with milk and dairy service jumping out as the obvious one.

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Regular evaluation of threat models & red-team exercises now common practice

IT Supply Chain

By Ramsés Gallego (pictured). International CTO, Micro Focus. The post Regular evaluation of threat models & red-team exercises now common practice appeared first on IT Supply Chain.

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Important Soft Skills Every Employee Should Have!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Writing an Impressive Resume! Soft skills article and permission to publish here provided by Susan Melony. When it comes to adding hard skills to your resume , it’s pretty self-explanatory. Hard skills are technical, measurable, and usually either learned in a classroom or through on-the-job training.