August, 2022

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3 Strategies To Improve Supply Chain Agility

C3 Solutions

The modern supply chain is growing more and more complex every day. With new technologies popping up, digital tools for all functions one can think of, and then some, supply chains now don’t necessarily need to run lean. Instead, modern supply chains need to be agile to be relevant. With companies struggling to manage inventory across global networks, volatile markets, and uncertain global conditions, shipping companies, freight forwarders, and other stakeholders will likely face increasing cost

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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Overcoming Tight Capacity: The Growth of LTL and Shipment Collaboration

Talking Logistics

Volatility is the new normal in the transportation industry, with consumer behavior and market conditions (read: inflation, fuel prices). Shippers and carriers are regularly challenged to accommodate the impact, from tight capacity to delays and high costs. And even amid these conditions, shippers, carriers and their customers increasingly prioritize sustainability in the supply chain and.

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DHL Supply Chain’s Digital Transformation in the Warehouse

Logistics Viewpoints

In 2018, DHL Supply Chain announced its plans to deploy emerging technologies in 350 of its North American facilities. My colleagues and I often have the opportunity to discuss initiatives such as this with company executives. Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’s warehouse digitization journey.

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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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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions. Opinion Editorial by Bill Heaney – Chief Commercial Officer at DB Schenker USA. As Industry 4.0 is adopted in more and more industries and companies, the supply chain industry is starting to implement these disruptive technologies to adapt to the ongoing challenges and obstacles.

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The Supply Chain Renaissance Has Begun! - Supply Chain Game Changer™

Supply Chain Game Changer

Emerging from the pandemic and the global Supply Chain disruption that it caused, we are now entering the Supply Chain Renaissance.

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Food Supply Chain Issues

Elementum

The global food supply chain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes.

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A Supply Chain Executive Asks: Is Supply Chain Technology Making a Difference?

Talking Logistics

Kevin O’Meara, Vice President, Integrated Supply Chain at Shaw Industries, posted the following question on Twitter last Friday: “Have the billions of dollars invested in supply chain technology really made a significant difference in the outcomes? We have spent the money and we see unprecedented delays, shortages, and disruptions. [For example], we have no lack.

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Don’t Fear What is Outside Your Box – It Can’t Bite You!

Logistics Viewpoints

The only way to drive business is to embrace change; in today’s uncertain world, this is more valid than ever. Still, we can see that it is hard for many companies to go outside of their box and challenge the status quo. I have seen a lot of scary examples where a company wants to stay in the old box and connect new technologies and innovation…….and they fail, again and again and again.

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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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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions.

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How RealTime Traceability Can Improve Sustainability, Productivity, and Transparency in Supply Chains

Supply Chain Brief Submitted Articles

With realtime traceability, the precise nature of anomalies and inefficiencies can be identified allowing manufacturers to take quick and decisive measures

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Why Master Data Management Is the Crux of Supply Chain Resilience

Supply Chain Brain

To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.

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The Exciting Use of Drones for Inventory Control!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Love at First Flight! Flying and Crashing My First Drone! (Video). In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. Even then there would a period during which records were being reconciled before operations could resume normal function.

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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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How Much Inventory Should I Have In My Fulfillment Warehouse?

Amware Logistics and Fulfillment

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic. Now, as pandemic difficulties ease, many eCommerce and omnichannel professionals find themselves asking the question: How much inventory should I have?

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Listening to the Voice of the Warehouse Worker –5 Factors Impacting Employee Attraction and Retention

Logistics Viewpoints

As a pioneer in warehouse technology and the development of solutions that empower warehouse workers, Lucas Systems recently commissioned a research study and developed the first Voice of the Warehouse Worker Insights. The goal was to capture the warehouse workers voice in terms of what they currently see, what they feel and believe, what they fear, and finally what they hope for.

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The numerous tell-tale signs of a phishing email can be divided into 4 groups

IT Supply Chain

By Paul Brucciani (pictured). Cyber Security Advisor at WithSecure. The post The numerous tell-tale signs of a phishing email can be divided into 4 groups appeared first on IT Supply Chain.

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How Sustainable is Your Supply Chain and How Can You Improve It?

Supply Chain Brief Submitted Articles

Smart Manufacturing technologies such as IIoT, AI/ML, and advanced data analytics, let manufacturers gain valuable insight into their operations

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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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Stop Using Spreadsheets to Manage Your Global Supply Chain

Supply Chain Brain

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

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6 Key Components of Business Network Security!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! Everything on the internet is interconnected. Despite some firms having barred others from gaining access to their networks through firewalls and authentication procedures, computer geniuses still find a way to get past these obstacles and penetrate seemingly ironclad cybersecurity network security infrastructures.

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Rising Supply Chains Complexity & How to Manage It

SCMDOJO

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supply chains complexity. As the needs of vendors and customers change, there are varying industry trends altering and complicating the supply chain.

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The Race for Last Mile Drones

Logistics Viewpoints

One of the most difficult and expensive aspects of the supply chain is last mile and home delivery. However, from a customer experience standpoint, it is also the most memorable and possibly important. Autonomous last mile deliveries are part of the answer to the e-commerce boom that we are experiencing. I have already written about autonomous mobile robots and how they are changing last mile deliveries.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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The role of a Bill of Materials in optimizing your inventory management

SYSPRO Smarter ERP

Ongoing challenges in the supply chain, such as shortages caused by increased demands and the shutting down of some factories, continue to affect manufacturing businesses even to this day. However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system.

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Hyper-Personal Logistics: Omnichannel’s Balancing Act

IT Supply Chain

By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. The post Hyper-Personal Logistics: Omnichannel’s Balancing Act appeared first on IT Supply Chain.

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Weathering the Storm Through Supply Chain Partnerships

Supply Chain Brain

It takes solid partnerships to weather crises — or, for that matter, the day-to-day business of supply chain management. In this latest edition of our annual roster of 100 Great Supply Chain Partners , we present instances of true collaboration in the face of enormous challenges.

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Our 2022 Top 10 Articles Plus One!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It has been another exciting year for sure, with supply disruptions and issues continuing to keep Supply Chain in the headlines, impacting every aspect of our lives. The year is also marked by the end of the global Coronavirus pandemic and its restrictions, which has caused us to add content about what the future of Supply Chain could, or really should, become.

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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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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Global Wide Production Activity. The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Morgan and S&P Global was headlined with an observation of stagnated production output globally.

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Inside Arena: Get to Know High-Tech Customer Success Coach Lori Austin

Arena Solutions

With continued advancements in smart technologies like the Internet of Things (IoT) and artificial intelligence (AI), high-tech companies are having to manage greater product complexity to fulfill consumer demand for more personalized experiences. To compound matters, unforeseen events like the COVID-19 pandemic have resulted in part shortages and other supply chain shocks, making it difficult for companies to deliver products on schedule.

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Leveraging the power of ERP to optimize inventory management

SYSPRO Smarter ERP

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs to keep goods flowing in a pred