February, 2019

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How vehicle customization will drive the supply chain of the future

Kinaxis

by Dustin Mattison I recently had the opportunity to sit down with Farhan Mirza, President of BAFF Consultants Inc., to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. Mirza notes that customization is a significant market trend and believes the entire supply chain will require transformation as the customization of vehicles becomes a mainstream approach to production.

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Understanding Your Safety Stock Calculations

Demand Solutions

If you manufacture or distribute products, it's safe to assume that you have a specified safety stock level— or at least we certainly hope you do. If you're on the fence about whether or not to hold safety stock, we recommend reading up on why it's critical to overcoming variability in your supply chain. At this point, you may be saying to yourself, "but carrying excess inventory is expensive!

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Selecting new software for supply chain network design doesn’t have to be a hassle

AIMMS

When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supply chain networks are adaptable. They react swiftly to changing business conditions and customer needs. They scale quickly when there’s opportunity for growth. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks.

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Autonomous Mobile Robotics (AMR): What They Are and Benefits of Using Them

GlobalTranz

Sudden surges in warehouse demand result from increased access to retailers. The internet and mobile technology give customers the ability to become one with their shopping experiences, including e-commerce purchases and in-store experiences. The ability of a company to guarantee customer happiness lies in effective, efficient fulfillment, and the easiest way to reduce spend revolves around lowering travel time.

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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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How Integrating Your ERP With Your TMS Will Make Life Easier

Kuebix

Hardly anyone will deny that technology is the future. For companies with supply chains, this means utilizing some combination of a transportation management system (TMS), enterprise resource planning system (ERP), yard management system (YMS) and warehouse management system (WMS) just to keep up with the competition! That’s a lot of different technology to manage, especially […].

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Regaining control: Inventory management best practices (Part two)

Kinaxis

by Richard Cushing. In part one of “Regaining control: Inventory management best practices” , we talked about controlling inventory, before being able to competently manage inventory. With that in mind, let’s dive in to a few more inventory management best practices that will help you get the control you need to better manage your assets.

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Supply Chain Essentials Every CEO Should Know

Supply Chain Brain

Chief executive officers typically take a back seat when it comes to supply-chain management, but by forging a greater synergy with supply-chain managers, they can take their organizations on a journey toward prolonged success.

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How often do supply chain leaders assess their network for improvements?

AIMMS

Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.

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Automation in the Warehouse: It’s All About Capacity

GlobalTranz

Automation in the warehouse is essential to meeting the growing demand of e-commerce and the blending of traditional supply chain channels into the omnichannel supply chain. Unfortunately, warehouse capacity around the country is tight, but available capacity is only being used at rates shy of 70 percent. How can warehouse capacity be both tight and utilized less than 100 percent?

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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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How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Subscribe Here! Email Address. To Centralize or to Decentralize? That is the Organization Design Question! Article, and permission to publish here, provided by Sunita Singh at [link]. Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax). The sudden rise of the goods and service tax, despite getting a negative impression from some, actually reformed the Indian economy in a much better way.

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Industry Trend on the Rise for Supply Chain and Logistics: Automation

Shipchain

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. Industry players have already begun experimenting with technologies like robotics and artificial intelligence. Drones are already delivering packages , and self-driving vehicles are being produced and tested as we speak.

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Regaining control: Inventory management best practices (Part one)

Kinaxis

by Richard Cushing It happens to be axiomatic that you cannot manage your inventory if you do not control your inventory. Many times, I have been told, “Our people just don’t trust the numbers they see in the enterprise resource planning (ERP) system. Everything has to be double-checked.”. Usually, this statement is followed by some negative comment about the ERP system being unreliable.

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5 Ways to Optimize Your Supply Chain for 2019 Trade Tensions

Stord

Last year, the ripple effects from new tariffs on imports from China rocked warehouses and ports in America. At the Port of Los Angeles, for example, a sudden rush of shipments overloaded the local warehouse market. With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption.

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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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How often do supply chain leaders assess their network for improvements?

AIMMS

Part II in our series on assessing your network design’s maturity . As we wrote in Part I of this series , we recently ran a quiz to help supply chain professionals benchmark their network design maturity. Results show that the majority of respondents use spreadsheets to support network design and consider themselves “advanced beginners” in the use of network optimization technologies.

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The Top 5 Warehouse Management Technologies Shaping the Supply Chain

GlobalTranz

New technologies are being developed that will propel warehouse management and shape the supply chain of the future. Around the globe, supply chain entities and third-party logistics providers (3PLs) are seeking out the best ways to enhance flexibility and adaptability for both inbound and outbound logistics. From the dramatic changes possible through the cloud to the applications.read More.

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Artificial Intelligence in Supply Chain

3PL Insights

Artificial Intelligence (AI) is starting to play a big part in our everyday lives. It’s even starting to be integrated into many industries especially supply chain. Fortunately, we don’t have robots walking around thinking for themselves, but we do have some that can be programmed to do what we want. This technology is helping to lower costs, increase productivity, and improve key performance metrics.

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Blockchain and its Implications for the Pharmaceutical Supply Chain

Shipchain

Blockchain in the pharma supply chain can dramatically affect the success and verifiability of pharmaceuticals. Unlike other industries, pharmaceuticals are subject to intense regulation. Failure to maintain proper temperatures or traceability within the pharma supply chain can have disastrous outcomes that directly impact patients and their family members.

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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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George Jetson and the case for modern supply chain planning

Kinaxis

by Mike McAllister. As a supply chain planner of a certain vintage, you remember The Jetsons and likely recall George working for Mr. Spacely at Spacely Space Sprockets. While we can’t be sure what kind of supply chain planning system Mr. Spacely had in place to produce his sprockets, The Jetsons’ well-documented ability to predict the future – from large format flatscreen televisions to video conferencing and robot vacuums – provides a key indicator.

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Which Industries will Demand Greater Logistics Capabilities in 2019

C3 Solutions

This post was originally posted on Cerasis.com and written by Adam Robinson, Marketing Manager at Cerasis.

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3 Ways Manufacturers are Using Supply Chain Finance to Fund the Future

Material Handling & Logistics

Supply chain finance improves cash flow by allowing buyers to optimize their cash conversion cycle by focusing strategically on payment terms with their suppliers.

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Top 4 Reasons Effectively Implementing Supply Chain Technology Creates a Competitive Advantage

GlobalTranz

Increasing the technologies deployed in your supply chain might be a goal for your organization. Meanwhile, executives that have spent time in the industry can be fearful of how upgrading systems can impact investment strategy and other business goals. However, supply chain technology is continuing to evolve, and it can key to creating competitive advantage, especially for.read More.

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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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Your Data is Only as Good as How You Visualize It

Arkieva

Are you avoiding these common data visualization pitfalls during your S&OP meetings? Your Data is Only as Good as How You Visualize It was first posted on February 27, 2019 at 1:34 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

S&OP 81
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The Future of AI and Supply Chain Management

Supply Chain Brain

In a world of big data and bigger customer expectations, the future of supply chain management rests in the predictive and prescriptive power of artificial intelligence.

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The 5 incredibly disruptive promises of concurrent planning

Kinaxis

by Alex Rotenberg “He who lives by the crystal ball will eat shattered glass.” – Ray Dalio. Traditional supply chain planning techniques have failed. Companies are too slow to react to changes, and collaboration across silos and continuous learning options limited. We need a new approach to planning, to know sooner and act faster. Concurrent planning provides this ability to continuously and simultaneously plan, monitor and respond to changes in one single environment.

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Why Master Data Management is Important in Trade Compliance

3rdwave

Product and Account data are foundations on which all organizational activity operate. In most organizations, the ERP is meant to be the repository of the organizations’ master data. That is, ‘important’ data is housed there. However, Master Data Management is seen as a challenge in most organizations. Why is that? The reason is the operative term, important.

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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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How to Unleash Blockchain into Your Supply Chain

Material Handling & Logistics

Blockchain-based applications provide transparency and visibility throughout the entire supply chain.

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Manufacturing in the Age of Uncertainty

QAD

Pizza deliveries jump 30 percent on Super Bowl Sunday. That kind of demand shift can give pizza makers fits, especially if they didn’t see it coming. Fortunately for the pizza companies, the Super Bowl date is publicized far in advance. But what if every pizza shop in America all of a sudden asked a single pizza oven manufacturer to build and ship an extra oven per shop?

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Avoiding Supply Chain Risk with Machine Learning

Adexa

Almost all Machine Learning techniques use past data in order to predict the future. Although this can be effective however, it is not a true representation of the future. A supply chain model or what we call a supply chain Digital Mirror© represents very accurately how the operation would behave. The post Avoiding Supply Chain Risk with Machine Learning appeared first on Adexa Inc.