May, 2017

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How Lazy, Entitled, Coddled Millennials Strengthen Supply Chains

Supply Chain Insights

Well I hate to admit it, but I am *technically* a millennial. (I like to think since I’m on the older side of the generation I’m just a bit wiser.) I worked with millennials when I managed interns in the central planning group at my last company. I have also recruited, interviewed, and trained many younger employees. I don’t like to admit I’m a millennial because they have quite a few negative connotations associated with them.

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Omnichannel Vs. Multichannel Supply Chain: What’s the Difference?

GlobalTranz

In supply chains, omnichannel solutions are often used interchangeably with multichannel solutions. On the surface, both forms of supply chain operations seek to provide multiple sales channels to consumers. However, understanding the elements of omnichannel vs. multichannel supply chain is essential to maximizing profit margins in a tightening economy.

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Industrie 4.0: Its Impact on Supply Chain Planning

ToolsGroup

Industrie 4.0 is an initiative for digitizing the industrial economy. The “4” refers to a fourth industrial revolution, following steam power, mass production, and then IT and robotic automation. The German government kicked off the initiative with a focus on advanced manufacturing, but businesses are also linking Industrie 4.0 to supply chains. The clearest impact on supply chain planning involves demand.

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Demand Driven: Can We Sidestep Religious Arguments?

Supply Chain Shaman

The 2016 US presidential political contest was brutal. Emotions are still quite raw. I hated it. When emotions run high, everyone loses. Unfortunately, I think the concept of “Demand Driven” is headed down the same path. I feel the discussions are becoming religious arguments about right and wrong instead of healthy discovery (much like this picture of Tibetan monks debating).

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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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Aspire, challenge and transform: Insights from the Gartner Supply Chain Executive conference

Kinaxis

by Dr. Madhav Durbha I enjoy attending conferences. They give me the opportunity to reflect, reconnect and recharge. One conference I recently attended is the Gartner Supply Chain Executive conference in Phoenix, Arizona. With a lineup of very inspiring speakers, provocative content and pragmatic use cases shared by practitioners, the event certainly lived up to the theme of ACT (aspire, challenge and transform).

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6 Reasons Why Companies Need IoT

Oracle SCM

During my time as a p rofessional cyclist, I learned that the more information and technology I could leverage, the faster I rode. As technology improved, the data and insights I collected from daily training optimized my performance. I monitored things like heart rate, power, and nutrition and incorporated all of it into my routine. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and

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5 Reasons Why The Use of the IIoT by Manufacturers Is Unavoidable

GlobalTranz

The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. However, the IIoT is beginning to encroach on all aspect of manufacturing and supply chain management for its wide-ranging deployment and application to improving processes. In addition, the IIoT’s nature allows companies to reduce overhead and maximize efficiency without dramatically increasing initial investments.

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Gartner Releases a New S&OP Magic Quadrant

ToolsGroup

Gartner Research just released its new Magic Quadrant for Sales & Operations Planning Systems of Differentiation (S&OP SOD). They say that compared to just two years ago “there have been significant shifts in the relative positions of several vendors.”. Gartner says that the moves have been driven mainly by a significant uptick in overall S&OP maturity of the users it surveyed, which required S&OP solutions to keep pace with increased user demands.

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Three New Insights on Supply Chain Talent

Supply Chain Shaman

On Tuesday this week I will present the findings from the recent Supply Chain Insights study at the Penn State Forum. As I worked on my presentation, three themes emerged. 1) Opportunity. The most satisfied respondents on the survey were technologists and academics by profession, Baby-Boomers by age group, and those with the ability to work from home.

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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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Goodbye scheduled decision-making, hello concurrent planning

Kinaxis

by Alexa Cheater The face of sales and operations planning (S&OP) is changing. Gone are the days when sequential, isolated planning and monthly meetings based on out-of-date data are sufficient to drive stability and success. End-to-end initiatives now span beyond the confines of a single company’s supply chain, encompassing extended supplier and customer value networks, as well.

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I Left My Job

Supply Chain Insights

Recently I left a company after 14 years of service. That’s a long time to be at the same place, and it’s uncommon. I experienced multiple changes in leadership, structure, focus, and strategy. During times of change, I soaked up every scrap of a lesson that I could scrounge. During stable times, I knocked out some of the ideas I had accumulated, those “wish I had the time for this” projects.

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Top 10 Times You Need Supply Chain Interim Management

Enchange Supply Chain Consultancy

I have been talking to a number of supply chain executives during the last few weeks and something of a theme has emerged. The theme is the immediate need for highly skilled supply chain resource, available at short notice, with the flexibility to switch off the resource at wil.….and at fee rates comparable to existing resource. “So nothing unreasonable there”, I thought.

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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

Imagine a world where automation comes together with technology to deliver products without human intervention. An order is placed by a consumer. 3D printers pickup the details and print the finished product. It’s then picked by robots from the shelves, packaged and placed into a self-driving truck. The trucks leave the facility, and drones are automatically dispatched from the truck to deliver products while moving.

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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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Seven Recent Trends in Retail Demand Forecasting and Replenishment

ToolsGroup

Most retailers are facing a shrinking operating “margin for error”. So it’s not surprising that many are looking for more accurate demand forecasting and intelligent stock replenishment. In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions , Gartner analyst Mike Griswold spotlights seven recent trends in this area. 1/ Multichannel retailing is requiring inventory positioning in more locations than ever before and causing retailers to focus on “bottom up” forecasti

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Good People Can Make A Difference In Outcomes

Supply Chain Shaman

I closed the door of my hotel room, and grimaced at the over-flowing trash can. Heaped high with plastic, it violated my principles as an environmentalist. Ironically, in the city of San Francisco which alleges allegiance to Corporate Social Responsibility, I had no option. As a frequent traveler, sometimes the road stories are ones that we would like to forget.

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ACT now to take your supply chain into the future

Kinaxis

by Alexa Cheater. Excited for #GartnerSCC to begin! @Kinaxis #supplychain pic.twitter.com/FTLJTq2UGF. — Melissa Clow (@MelisaClow) May 23, 2017. One message came through loud and clear during Gartner’s recent Supply Chain Executive Conference ; you must ACT (aspire, challenge, transform) now if you want to have any hope in taking your supply chain profitably into the future.

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The Empowered Consumer and Trade Promotion

Supply Chain Insights

Trade promotion execution is but one component of the Consumer Chain, albeit a very critical one indeed. So, in a recent conversation about trade promotion execution with the head of a corporate revenue management organization I asked the question: “Where does the consumer fit in all that?” After a short delay, he answered, “Nowhere really – TPM is essentially a deal between us and the retailer.”.

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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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Purchasing & Supply Management: What We Should Teach (Guest Post by Lydia Bals)

SCM Research

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Professional purchasing & supply management (PSM) forms the link between a complex network of internal and external stakeholders with increasing international dependencies and performance requirements. As part of the PERFECT project (Purchasing Education and Research for European Competence Transfer) a group of researchers conducted case study researc

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Green Is the New Black: Why Green Manufacturing & Sustainability Matter

GlobalTranz

In a blog post earlier this year, we noted how since the election, more manufactures have expressed interest in reshoring and avoiding offshoring entirely. However, manufacturers are considering other ways of improving factories and supply chains as well. Across the U.S. more companies are turning toward sustainable alternatives and methodologies (like green manufacturing) in boosting competitive advantage and increasing revenue, explains Stuart Hall of Global Manufacturing.

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Retail Supply Chain Planning Best Practices from Frost & Sullivan

ToolsGroup

Frost & Sullivan has reported its best practices in technology leadership in supply chain management for the Retail and Wholesale Distribution Industry. The global research and consulting organization starts by saying, “Forecasting demand and positioning inventory has become difficult for retailers in a multi-channel environment.” But they cite three best practices for excelling in this challenging environment: Improved demand planning by leveraging data from order lines, channels, points-of

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Top Talking Logistics Posts and Episodes (Q1 2017)

Talking Logistics

The new year is more than a quarter behind us and it continues to speed along. There’s never a dull moment in this industry — always something new on the horizon, whether it’s new technologies, regulations, competitors, risks, or opportunities. What will tomorrow bring? Why is it important? How should you respond? Those are some of the questions we explore in our blog posts and video episodes, and as you can see from the lists below, we’ve tackled a lot of interesting and important topics

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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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Supply chain pain points: Consumer electronics

Kinaxis

by Alexa Cheater 4 problems facing consumer electronics and what to do about them. Let’s face it. Working in supply chain is no walk in the park. Unless of course you’re walking barefoot and the ground is covered in razor-sharp pebbles that randomly change location. Then maybe it’d be comparable. The fact is, while supply chain is big business for most companies, it also comes with a whole new set of challenges unique to its many processes, data requirements and functions.

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Relieve your FMCG pain - secure Interim Supply Chain Support

Enchange Supply Chain Consultancy

I know you are busy. Not enough hours in the day. Deadlines rapidly approaching. Your children call you Uncle Dad or Auntie Mum. Before the stress takes its inevitable toll think about relieving the pressure without adding to head count.

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Reducing Risk in Your Supply Chain

The Network Effect

by Sara Shingleton, Tompkins International No one can predict potential future risks that a supply chain may face. However, you. The post Reducing Risk in Your Supply Chain appeared first on The Network Effect.

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Customer-Focused Logistics: Why Shippers Shift from Process to Experience

GlobalTranz

Across the global economy, consumers are wanting more. In fact, it is not just a desire for more; it a demand. Consumer actions are shaping how shippers and carriers interact, ranging from contract negotiation to exploring new technologies. With the rise of Amazon, consumers have also been able to access an endless product array at historic, record-low shipping costs.

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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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Cognitive Computing for Supply Chain Risk Management

Elementum

Risk management is important in a company. A company cannot possibly define its goals for the future without first analyzing and identifying possible risks, challenges, or disasters it may encounter. By executing a risk management plan, a company can assess potential critical risk that needs to be prioritized before they could cause adverse impacts on their interests.

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Editor’s Pick: 4 Factors to Help Negotiate Better Ocean Shipping Contracts This Year

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this post, Sri Laxmana, Director of Ocean Services at C.H. Robinson , shares four factors logistics executives should keep top of mind as they develop an overall strategy for negotiating with ocean shipping providers this year.

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Kinaxis Positioned in the Leaders Quadrant of Gartner’s Magic Quadrant for Sales and Operations Planning System of Differentiation

Kinaxis

by Melissa Clow It is with great pride that we announce Kinaxis® has been placed in the Leaders quadrant of the recently published Gartner Magic Quadrant for Sales and Operations Planning Systems of Differentiation. Gartner defines a sales and operations planning (S&OP) System of Differentiation (SOD) as a software solution that supports a Stage 4 or higher maturity S&OP process.