January, 2021

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How to choose your Supply Chain Planning software?

DynaSys

Toolbox vs Out-of-the box. During the last years, we have seen collaborative planning & decision-making software platforms, often presenting themselves as ‘agile’ toolboxes. These new software technologies provide now a challenging alternative to traditional software supply chain planning packages. But choose your Supply Chain Planning software?

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Assess your Inventory Optimization Process with This Quiz

AIMMS

Inventory management has always been challenging. How much should we hold? How much is too much? How much is too little? The supply chain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. This aggregate view, however, can hide a multitude of sins when it comes to the health of our inventory mix – do I have the right quantities of each item at each stock holdi

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Predictability in a Time of Uncertainty: Machine Learning in Logistics

Logistics Viewpoints

Many organizations faced the most disruptive year in their history as they dealt with the consequences of the pandemic. Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Challenges that were made all the more difficult by one of the most basic yet complex questions in logistics, “How long will it take to get there?

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Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Just when things couldn’t possibly get any crazier, 2020 finally came to a close. Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers.

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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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Wired for Success: Optimizing Sales and Operations Planning for the Wire & Cable Industry

DELMIA Quintiq

The global wire and cable manufacturing industry is slated to be valued at US $232 billion by 2025 at an annual growth rate (AGR) of approximately 5 percent. This will see the increase of the total market value of cable and wire manufacturing operations, which will rely on their organizations’ readiness to take advantage of growth opportunities.

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From soba to udon—Are the noodles in the FTA bowl getting too thick? – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

If nothing else, the COVID-19 crisis has forced companies to look for cost savings with significantly increased vigour. Sooner or later, they should be considering the use of Preferential Trade Agreements. These agreements offer companies preferential access to the markets of member territories (“parties”), provided they meet the conditions of the agreement.

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The Death of the Supply Chain and Birth of the Digital Supply Network

The Network Effect

The post The Death of the Supply Chain and Birth of the Digital Supply Network appeared first on The Network Effect.

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2021 Supply Chain Technology Trends to Watch

Logistics Viewpoints

There are some young supply chain technologies that are getting a lot of buzz. But how mature are these technologies? Do they have a proven ROI? Are they worth piloting? Or can companies safely ignore them? There are also promising technologies that we expect will deliver great value. But we can’t document the ROI or other benefits at this point. Finally, there are technologies that do generate value that few people have heard of.

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Top 10 freight markets of 2020

DAT Solutions

The complications COVID-19 created for supply chains could be felt across all aspects of life in 2020, whether you were in the freight industry or shopping for groceries in a store with bare shelves. The public at large became much more aware of the types of problems that trucking and logistics professionals have been solving for decades.

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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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Demand Planning: Differentiated Forecast Strategy

Arkieva

Some time ago, I had been trying to help a business improve its statistical forecasting. We tried different parameters and different forecasting algorithms but the statistical forecast for about half of the products could not be improved no matter what we tried. We decided to do a deep dive to understand the reason. Demand Planning: Differentiated Forecast Strategy was first posted on January 26, 2021 at 8:15 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for per

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Twelve Post-Pandemic Supply-Chain Trends for 2021

Supply Chain Brain

As vaccines roll out more broadly, and countries begin to get the coronavirus under control, attention will turn to the recovery and a return to normal operations. The supply chain will play an integral role in this effort, and will itself emerge in a different shape, with COVID-19 leaving a lasting legacy on many areas of transportation and warehousing.

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Digitisation: Shifting Gears in 2021

The Logistics & Supply Chain Management Society

2 020 will be remembered as the year of mass digitisation. Few had imagined that the wind finally started turning. But when humans don’t have a choice, they adapt. Before Covid-19, pressures resulted from slowing growth and trade wars and rising consumer expectations. Consumers demand more transparency, governments wish to ensure homeland security, and supply chain stakeholders are seeking higher levels of visibility for optimisation and increased resiliency.

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What is MRO? – All You Need to Know

SCMDOJO

What is MRO? or What is MRO supplies? or What does MRO stand for in manufacturing? Or what does MRO stand for in purchasing? In this blog, I have tried to answer these questions. What is MRO? MRO (Maintenance, Repair, and Operations Supply) is an important part of most manufacturing and service businesses and. Continue reading. The post What is MRO?

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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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Do You Want Visibility or Transparency?

Logistics Viewpoints

Polly Mitchell-Guthrie, the VIce President of Industry Outreach at Kinaxis. Do you want visibility or transparency? Polly Mitchell-Guthrie, posed that provocative question to supply chain professionals on her LinkedIn feed. Ms. Mitchell-Guthrie is the VP of Industry Outreach and Thought Leadership at Kinaxis. Kinaxis is a top supplier of supply chain planning software.

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Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. From automotive components and parts manufacturing to producing recyclable plastics packaging and industrial products, achieve sustainable manufacturing excellence is proving to be a sure catalyst for driving greater revenue, reducing costs while making

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Supply Chain Planning Transformation

Arkieva

I was asked recently about what it takes to transform the supply chain planning process of a company. Having gone through this process a few times in my past, I thought it best to share my experiences and suggestions in the form of a discussion with Tapan Mallik during a webinar. This blog is a precursor to that webinar. Supply Chain Planning Transformation was first posted on January 20, 2021 at 7:40 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal no

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Three Ways Visual AI Can Optimize Retail Supply Chains

Supply Chain Brain

Visual AI tools such as visual search have unlocked a host of sales-related advantages for e-commerce — and offer a wealth of data that can boost operational efficiencies.

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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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LogiSYM—Vietnam Digital 2020 – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

BY Joe Lombardo, Editor-In- Chief, LogiSYM. EVENT HIGHLIGHTS. 2020 has been the year of virtual conferences and meetings for most of us. We have discovered whole new world of virtual video conferencing platforms, of which the most well known is Zoom. But there are many more that have appeared, giving us a vast array of choices to choose from. On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet.

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Supply Chain Trends of 2021

All Things Supply Chain

Nobody expected that a global pandemic would arrive last year and wreak havoc for many industries and their supply chains, as well as many natural disasters across the world.

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Natural disasters. Geopolitical events. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty.

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What’s Driving ERP Adoption From The Shop Floor To The Top Floor

IQMS

Bottom Line: Gaining greater visibility into how costs, margins, pricing, and production efficiency contribute to stronger financial performance is what’s driving greater ERP adoption, providing greater visibility and control from the shop floor to the top floor. Knowing how solid sales and revenue pipelines are and whether each order can be fulfilled on time is dominating the minds of manufacturing leaders today.

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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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Sales & Operational Planning (S&OP) Versus Integrated Business Planning (IBP)

Arkieva

With strong leadership by the executive team, over time, the business begins to think in terms of overall health and welfare of the company, rather than optimizing a function at the expense of the overall company benefits. Sales & Operational Planning (S&OP) Versus Integrated Business Planning (IBP) was first posted on January 14, 2021 at 8:57 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Why So Many Supply Chains Are Stuck in the Past — and a Path Forward

Supply Chain Brain

Supply chains have for many years tolerated a lack of accountability at nearly every node — from buyer-supplier relationships to outdated tools and data transparency issues — which has prevented businesses from operating cost- and time-efficiently and delivering on their promises.

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How IoT-enabled Devices Change Product Development

Arena Solutions

Imagine a home that anticipates your every need. The front door unlocks the moment you approach, your fridge tells you when you’re low on certain foods, and the bathroom mirror analyzes your skin for health changes. It sounds like science fiction, right ? According to Berg Insight, a Swedish research firm, about 63 million homes in the United States alone will operate similarly as soon as 2022.

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Navigating the “New Normal” in Supply Chains with Next-Gen Source-to-Pay Capabilities

IT Supply Chain

By Shannon Kreps (pictured). Vice President Product Marketing, Medius. The post Navigating the “New Normal” in Supply Chains with Next-Gen Source-to-Pay Capabilities appeared first on IT Supply Chain.

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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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Covid-19 Vaccine Distribution – Possibly the Most Important Supply Chain

Logistics Viewpoints

Covid-19 vaccine distribution is headline news across the country. Operation Warp Speed, the umbrella term for the public-private partnership responsible for the development, distribution, and administration of Covid-19 vaccines, is incredibly large, complex, and important to the well-being of the US population. The US government, private entities, and news outlets provide select insights and periodic updates about the Covid-19 distribution process.

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The Beer Supply Chain in 2021 and Beyond

Unleashed

Beer — it’s been a staple in many cultures for thousands of years and is still one of the world’s most popular drinks. From paddock to pint, an intricate set of systems and processes are undertaken to place that frothy cold brew in your hand. Each link in the beer supply chain comes with its own issues and challenges. During 2020 the Covid-19 pandemic was one of these and will continue to be so for some time.

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Understanding the Impact of Good Financial Management for Procurement

Procurement Academy

The key to successful procurement operations is having superb financial management. Despite being overlooked by many organizations, making sure that these two areas work in harmony can help your business achieve success. Indeed, spending is the primary action in procurement, and a misalignment in your finances can easily impact your procurement plans and disrupt your access to the supply chain.