October, 2018

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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

90, then 80, followed by 76. The highway rolls ahead of me. There are endless mile markers. It is a long day. Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. The rain delays through the summer soured me on air travel.

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Autonomous car technology and the Self-Healing Supply Chain

Kinaxis

by Jonathan Lofton I recently rented a car featuring steering assist and intelligent cruise control. Now, I’m used to driver assist technologies as my vehicle has blind spot warning and front and rear collision warning, and braking. My wife’s car has a heads-up display as well as steering wheel vibration when you stray onto the lane lines, but when driving this rental, I felt the car was actually steering itself back into the lane when it drifted astray.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

The opportunities within the use of blockchain for bill of lading in international trade, especially e-commerce, are significant. According to The LoadStar, the first ocean container use of a blockchain-based bill of lading was released successfully in the port of Koper, Slovenia. This resounding trial and win signifies a new way shippers will be able to compete in the global market, speeding delivery of international shipments, enhancing existing supply chain operations, and more.

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Can S&OP become more continuous? Automation is key.

ToolsGroup

Sales and Operations Planning (S&OP), a process often focused around a monthly meeting, is evolving into a more continuous process. A recent whitepaper by supply chain planning and optimization firm Optilon explains why and how. S&OP is a process where decisions are traditionally made once a month as a part of an executive review. But the infrequent nature of the decision making often leads to a gap between S&OP and operations.

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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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What is Integrated Supply Chain Planning?

Logistics Viewpoints

Mike Reibsamen – the Director of Integrated Supply Chain – at Berry Global, spoke about Berry Global’s supply chain transformation at the Council of Supply Chain Management Professionals (CSCMP) annual conference in early October. Mr. Reibsamen’s primary point was that companies will get much better payback from their supply chain projects if they don’t do them in an ad hoc manner.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

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Is Canada’s recreational cannabis supply chain ready to meet demand?

Kinaxis

by Ilyas Kucukcay Canada is a pioneering country when it comes to the use of cannabis for medical purposes , where it’s been available through a doctor’s prescription since 2001. So one might think Canada’s recreational cannabis supply chain would already be in place. Not quite. So what’s the holdup? On the heels of a 2015 Liberal Party of Canada federal election promise, which has led to making recreational possession and use of cannabis legal as of October 17, 2018, the

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Tips & Best Practices for E-Commerce Shipping in Each Over-the-Road Shipping Mode

GlobalTranz

Demand for e-commerce capability is increasing. E-Commerce requires intense coordination between supply chains and an understanding of how to achieve maximum efficiency in all modes of transportation, explains BigCommerce.com. When it comes to over-the-road (OTR) shipping, e-commerce becomes even more difficult, requiring advanced knowledge of various carriers, rates, HOS regulations, the ELD mandate and more.

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The Nine Top Supply Chain Planning User Concerns

ToolsGroup

Gartner’s most recent Magic Quadrant for Supply Chain Planning System of Record (21 August 2018, Amber Salley, Tim Payne, and Alex Pradha) calls out the concerns most often cited by users. These are the nine key issues users want to see addressed: Too much planner intervention and not enough automation, resulting in low planner productivity. Not getting timely plans/scenarios — plans are out of date by the time the planner sees them.

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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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The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes

Logistics Viewpoints

The world's most sustainable company is a supply chain software company - Dassault Systemes. The world's least? Amazon. Amazon is an incredibly innovative company that has devoted virtually no innovation to improving the sustainability of their supply chain. The post The Worst and Best in Sustainability: Amazon vs. Dassault Systèmes appeared first on Logistics Viewpoints.

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Common Forecasting Myths Debunked – Part 1 – One Forecast is Enough

Logility

This is the first of a series of four posts that will explore common forecasting myths. In supply chain the impact of a single error can quickly derail an entire forecast. This creates a ripple effect across the entire value chain which can result in lost sales or worse, a lost customer. How can you avoid a disaster like this? The first step is to recognize there are several myths surrounding the forecasting process that can lead you down the wrong path.

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Walmart's successful supply chain management

TradeGecko

When you drop by your local Walmart, you are witnessing one of history’s greatest logistical and operational triumphs. According to Supply Chain Digest , this global retail giant operates more than 11,700 stores under 59 company names, with 2.3 million employees in 28 countries around the world while managing an average of $32 billion in inventory.

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Breaking down doors for the marginalized in supply chain management. Highlights from Kinexions ’18 day two.

Kinaxis

by Alexa Cheater Less than 15 percent of supply chain executives are female. Even fewer are women of color. That’s a sad state of affairs, and desperately needs to change. So how is it that with so many strong, courageous, talented women, so few have found a way to break through the glass ceiling? Kristen LeBaron , Director of Supply Chain at Lippert Components, Heather Mason , Inventory Program Manager at Applied Materials, Tonia Chu , Global Business Process Owner at Sanofi Genzyme and Pamela

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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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Understanding E-Commerce Logistics Costs Allows for a Healthy Bottom Line

GlobalTranz

E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. As explained by eCornerAssist , the web influences more than 80 percent of all sales in today’s age. Even customers shopping in brick-and-mortar stores must be conscious of how online platforms, responsible for e-commerce sales, may affect overall sales.

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Probabilistic Forecasting - a Primer

ToolsGroup

An experienced gambler might hedge their bet on multiple outcomes, rather than just the most likely "single number forecast". At ToolsGroup we have been big advocates of probabilistic forecasting (sometimes also known as stochastic forecasting). Understanding and employing this relatively simple principle can take your forecasting and supply chain planning from ‘good to great’.

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Automating Arrival Notifications with AIS & Artificial Intelligence

Supply Chain Network

Since the inception of EDI (Electronic Data Interchange) in the early 1970’s logistics professionals have always taken for granted the accuracy of EDI tracking transactions sent for various activities across their global supply chains. But this may need to be rethought now that Satellites and AIS technology are being applied, and are capturing the “truth” about these activities, by monitoring actual ship movements and by comparing this to the related EDI arrival transactions fo

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Integrating Blockchain With Other Supply Chain Systems

Shipchain

In modern supply chains, communication and collaboration are everything. Systems that work together can ensure that all parties in the supply chain have access to the information and resources necessary to fulfill more orders and please customers. The introduction of blockchain technology is no different from traditional upgrades to supply chain management systems.

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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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More Data is Not Better and Machine Learning is a Grind…. Just Ask Amazon

NC State SCRC

I had an opportunity to sit in on a lecture today by two experts on Machine Learning from Amazon, during a lecture at UNC. Ed Banti is Director of Software Development, Core AI Amazon, and Pat Bajari, was VP and Chief Economist, Core AI, at Amazon as well. Both gentlemen shared their insights on working with AI solutions at Amazon, and spoke to a group of students and faculty at UNC’s Carroll Hall (my old graduate school stomping grounds!).

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What matters next for supply chain management? An insider’s look at day one of Kinexions ’18.

Kinaxis

by Alexa Cheater It’s not about the future. It’s about what’s beyond it. And when it comes to what matters next for supply chains and supply chain management, it’s all about two things: digital, and the people enabling it. Hundreds of supply chain managers, planners, executives and experts gathered in National Harbor, MD on October 16 for the kickoff of Kinexions ’18, our annual user and training conference, to learn how to digitize, transform and revolutionize their supply chains.

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The Top 5 Challenges of Warehouse Management

GlobalTranz

Warehouse management is not a simple task, and warehouse managers face difficult challenges. Even when orders are low, standard operations continue to grow with each passing day. Part of this derives from the expansion of e-commerce into new and emerging markets. Since consumers have the ability to shop online 24 hours/day and 7 days/week, the challenges of warehouse management do not stop when the brick-and-mortar stores lock their doors for the day.

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Gartner Questions Supply Chain “Control Towers”

ToolsGroup

Gartner says that future supply chain planning will look less like a "control tower" and more like a refinery "control room'" with many value-added analytics that automate, guide and control the supply chain. Gartner's recent research report entitled Don’t Believe the Control Tower Hype — Buyer Beware (August 2018) questions vendor messages that are “loaded with marketing hype”.

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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 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

Change can be a good thing, particularly when it comes to getting a better handle on your supply chain spend. 1. Digitization is Your Friend. It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.

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Taming the bullwhip effect

Supply Chain Movement

The bullwhip effect is not only one of the best-known supply chain phenomena, but also one of the most damaging. By increasing the upstream variation and uncertainty, it pushes chain partners ever-deeper into the so-called planning mismatch, resulting in unreliability, inflexibility and inefficiency. The long-held belief has been that organizations just have to learn to live with the bullwhip effect and its consequences – but it now seems the bullwhip can be tamed after all.

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E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network

E2open

MONDAY 22 OCTOBER 2018. E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network. Combination of E2open and INTTRA forms the Global Logistics and Supply Chain Network with Access to World-Wide Ocean Container Capacity and information.

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Influential management thinker Adam Grant revealed as Kinexions ’18 featured keynote

Kinaxis

by Mike McAllister As the calendar turns to October, two things come immediately to mind. Pumpkin spice and Kinexions ’18. While we cannot unequivocally guarantee Kinexions ’18 will be a pumpkin spice free zone (after all, there are venues at the Gaylord Hotel at which one may procure hot, caffeinated, assumingly seasonally themed beverages), we can let you in on the identity of secret keynote speaker we’ve kept under wraps until now — Adam Grant.

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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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Tips for Effectively Managing E-Commerce Logistics

GlobalTranz

E-commerce is in the middle of a boom. The economy is strong, and trucking capacity is tight. Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases.

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Hurricane Best Practices for Your Supply Chain

Elementum

Hurricane Michael is approaching Florida via the Gulf Coast, threatening to rise from its current Category 1 status before making landfall on Wednesday. Just like with last month's Hurricane Florence in the Carolinas, Michael is going to bring storm surge, heavy rains, and severe winds throughout the state. A state of emergency has already been declared in 26 counties, and residents and businesses in the storm's path are on high alert.

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The Evolving Supply Chain Skills of the Workforce

Material Handling & Logistics

Supply chain management is a career that perfectly matches the skill set of the Millennial generation—if they can be persuaded to pursue it. Perhaps it’s not too much of a stretch to compare the changes that the current workforce is experiencing to the first time that human beings stood upright. This change certainly feels life-altering to employees who have gone from a world where intelligence resided in their own minds to now encountering and working directly with intelligence housed in machin