Sat.May 05, 2018 - Fri.May 11, 2018

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The Most Common Supply Chain Fallacies

Logistics Viewpoints

This article describes the five most common fallacies surrounding supply chain management. Some of these are fallacies that have been around a long time and never seem to go away. Others are more recent in origin. The post The Most Common Supply Chain Fallacies appeared first on Logistics Viewpoints.

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Does Your Company Have the ‘Right Stuff’ to Embrace Advanced Analytics?

Logility

John Glenn became the first American to orbit the Earth on Mercury-Atlas 6 on February 20, 1962, just a few days after I was born. I grew up watching the Apollo Space Program launches including the six launches that sent humans to the moon and back. Like many kids back then I dreamed of being a test pilot and an Astronaut. I partially achieved that dream by becoming an Aerospace Test Engineer and working at Edwards Air Force Base where many of the early test flights by Chuck Yeager, Scott Crossf

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Four ways Inventory Optimization can address tighter supply constraints

ToolsGroup

As the (U.S.) economic expansion enters its ninth year, supply constraints are showing up in supply chains. The Wall Street Journal recently advised “In the battle for economic supremacy, investors should quickly be realizing it’s increasingly about supply, not demand.” ( The Next Challenge for Global Growth: Keeping Up With Demand , April 24, 2018 ).

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WMS Selection: What Drives an Investment in a Warehouse Management System? 5 Considerations

GlobalTranz

The demand for seamlessness in omni-channel supply chains increases more as time progresses. Companies are looking for ways to stay competitive and meet the demands of their customers. In reality, this means keeping costs as low as possible and still offering more products across more devices and shopping options. Thus, the demand for warehouse management systems (WMS) has increased, but how do companies distinguish the best-of-breed WMS solutions?

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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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Tesla’s Supply Chain is Broken

Logistics Viewpoints

Tesla Chief Executive Elon Musk dodged questions from financial analysts about the electric car maker’s condition last week on its earnings conference call. Musk refused to answer questions on Tesla’s capital requirements, saying “boring questions are not cool.” The Business Insider reports that Cowen analyst Jeffrey Osborne dubbed Wednesday’s call, in which Musk talked of “barnacles, flufferbots, and bonehead bears,” surreal.

More Trending

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The Role of Circular Supply Chains in the Circular Economy

SCM Research

The circular economy is gathering momentum: In the future this model will, for example, mean that smartphones will not be sold and consumed anymore, but companies like Apple and Samsung will then keep scarce resources and sell a smartphone service to users instead of a product to consumers. These users will then be required to bring back the phone after a specified amount of time.

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Tips for Safely Transporting Pharmaceuticals

GlobalTranz

Transporting pharmaceuticals is arguably more important than manufacturing them, because it enables these lifesaving medications to make it to where they are needed most. Shipping these products requires an extra level of care to ensure the products make it to their destination. When transporting pharmaceuticals, how can logistics workers do it safely , and what precautions are necessary for things like temperature control and to guard against theft?

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AutoStore and the Rise of Flexible Automation: The Parts Town Case Study

Logistics Viewpoints

Historically, we talked about warehouses as being manual or highly automated. Manual warehouses are more flexible. Highly automated warehouses have much higher throughput, but their lack of flexibility adds risk. Parts Town has an automation solution called AutoStore that increased throughput but will also flex up to support Parts Town's strong growth.

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Big Data in Logistics

Talking Logistics

There are many buzzwords in the supply chain and logistics industry today, and perhaps there’s none bigger than “Big Data.” Everybody talks about it, but what does Big Data really mean? When it comes to leveraging Big Data effectively in your organization, where do you begin? How do you apply it and what are the challenges and benefits? Those are some of the questions I discussed with Bob Daymon, Senior VP of Operations at Transplace , in a recent Talking Logistics episode.

Big Data 101
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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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Enabling S&OP through Advanced Analytics

Logility

Transformation is coming to your supply chain and according to most industry research, most CEOs and executives believe their supply chain will be substantially or unrecognizably transformed by 2020. That is less than two years from now. There is no doubt that most companies could benefit from a quicker and smarter supply chain that automates the routine, fully engages around event-based opportunities and actively mitigates the risk of disruptions.

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Cybersecurity Causing Sleepless Nights for Risk Managers, Part 2

Enterra Insights

As I noted in Part 1 of this article, supply chain risk managers have plenty on their minds to keep them up at night; but, cybersecurity risks surely cause their share of night sweats. One reason for their concern is that many cyber vulnerabilities lie outside of their control. A report by two British agencies, the National Cyber Security Centre (NCSC) and the National Crime Agency (NCA), concludes, “[Criminals are increasingly] capitalizing on the gateways provided by privileged acces

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JDA Focus 2018: The Launch of JDA Luminate

Logistics Viewpoints

I am writing this post from Orlando, FL, where I am attending JDA Focus 2018. The theme of the conference was “Expectations. Fulfilled.” and based on some of the new product strategies that were announced, it seems to be an appropriate theme. The big news from the conference was the launch of the JDA Luminate Platform, a connected platform that combines next generation digital technologies with product enhancements to JDA’s core solutions.

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This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. But it’s no joke, it’s true. Whether it’s preventing out-of-stocks of critical household items or making sure the kids are delivered on time in full to wherever they need to be, she keeps our supply chain running as efficiently as possible — while doing her day job too!

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Supply Chain Fast Facts: An Infographic

NFI Industries

From factories to front doors, products are shipped around the world using different modes of transportation and facilities to reach customers.

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Cybersecurity Causing Sleepless Nights for Risk Managers, Part 1

Enterra Insights

Supply chain risk managers have plenty on their mind to keep them up at night. With the European Union’s General Data Protection Regulation (GDPR) coming into effect, cybersecurity risks have suddenly risen in importance. Cybersecurity hasn’t exactly been on the back burner for risk managers, but penalties associated with GDPR violations are severe (companies could face penalties as high as 4% of global annual revenue or €20 million, whichever is higher).

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4 Ways Digitization Can Open Doors for New Revenue in the Supply Chain

ModusLink Corporation

As digitization expands across nearly every industry, organizations continuously seem to find themselves one step behind when it comes to maximizing the new opportunities that digital solutions make available to them and their customers. As internet connectivity and smart devices continue to produce more data than ever, many brands are struggling to translate the vast […].

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Combating Intermodal Market Challenges & Costs

Talking Logistics

It’s both an interesting and rather chaotic time in the intermodal market. The electronic logging devices (ELD) mandate is in full effect, and there have been some widespread market changes as a result. For carriers, with the new ELD regulations come subsequent training needs and changes to drivers’ hours – creating a number of additional costs, which are in turn being passed along to shippers.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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Medicine's Inventory Nightmare

Elementum

In a recent survey, 40 percent of surgeons admitted to having cancelled a case due to a lack of available supplies. What inefficiencies need to be addressed in the healthcare supply chain to make sure this kind of thing doesn’t happen? In the pharmaceutical industry, supply chain disruptions can mean the difference between life and death for patients whose survival depends on consistent, timely access to the right medications and medical supplies.

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Some Supply Chain Management Principles are Timeless

Enterra Insights

Nearly two decades ago, the business world was in the midst of the dot.com bubble. E-commerce was just getting it legs and new business models were being developed. People were so intrigued with the rapid changes in the business landscape they virtually forget the importance of traditional business fundamentals. As a result, the dot.com bubble burst and a new term was born — irrational exuberance.

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7 Must-Attend Sessions at The Gartner Supply Chain Executive Conference

Arkieva

We are thrilled about presenting a session with Arkieva customer — Lush Handmade Cosmetics. The session that focuses on how Lush delivers a unique brand experience also discusses how effective demand planning solutions help with creating that experience. Last year we created the 2017 Gartner Supply Chain Conference list of Must-Attend Sessions. To continue along that tradition, here is the list of Must-Attend sessions at the Gartner Supply Chain Conference this year. 7 Must-Attend Sessions at Th

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What’s Holding the S&OP Process Back, Part Two: Establishing a Business Efficiency Planning Process That Works

CHAINalytics

| By Sanjiv Raman | Senior Manager, Integrated Demand & Supply Planning | Chainalytics | In my last blog, “What’s Holding the S&OP Process Back?,” I highlighted seven key reasons why organizations commonly fail to reap the full benefits a well-developed S&OP process can deliver. I also pointed out how the ever-evolving business environment will … The post What’s Holding the S&OP Process Back, Part Two: Establishing a Business Efficiency Planning Process

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Supply Chain Best Practices: The Flexible Supply Chain

Elementum

In a world where market trends are fast-evolving and unpredictable, companies must be able to respond to disruptions and changing customer whims on a dime. This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts.

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Changing Supply Chains One Block at a Time

Enterra Insights

There has been a lot written about blockchain technology this past year as people realize its potential goes far beyond use in cryptocurrencies. When it comes to the technology, both the blocks and the chain are important. Shanmugasundaram Murugesan, Associate Director of Happiest Minds Technologies, explains, “Blockchain technology is all about tracking a transaction from the start until the end, and all the nodes in the network register and update themselves with the status of transactio

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4 Things to Know When Building a Demand-driven Supply Chain Management Process

Arkieva

A demand-driven supply chain management process, no matter the industry, is built based on some fundamental principles. These principles are applied taking into consideration the requirements of the particular industry or company involved. 4 Things to Know When Building a Demand-driven Supply Chain Management Process was first posted on May 8, 2018 at 8:33 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Welcome to the Supply Chain Singularity!

Supply Chain Network

Really enjoyed my time at this year’s RILA Supply Chain conference and as I highlighted in my pre-conference blogpost several transformative technologies are all now moving into their early implementation phases at the same time. Times like these, when surrounded by the sharing of many new ideas and forward looking professionals often helps to draw out and crystallize thoughts on topics such as the impending state of supply chain singularity now rapidly approaching.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Medicine's Inventory Nightmare

Elementum

In a recent survey, 40 percent of surgeons admitted to having cancelled a case due to a lack of available supplies. What inefficiencies need to be addressed in the healthcare supply chain to make sure this kind of thing doesn’t happen? In the pharmaceutical industry, supply chain disruptions can mean the difference between life and death for patients whose survival depends on consistent, timely access to the right medications and medical supplies.

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Is Blockchain the Missing Link in the Halal Supply Chain?

MIT Supply Chain

The Halal food supply chain is highly complex and requires trading partners to adhere to rigorous product segregation practices. All too often, however, these practices are not rigorous enough, causing failures that have eroded consumer trust. Enter blockchain: a technology designed to engender trust with an immutable, tamper-proof database of product flows.

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Value of Analytics for Wholesale Distributors

Silvon Software

Analytics can help wholesale distributors maximize profits, but it isn’t just about gaining insights from the data. It’s only those distributors who use the data to reveal where the inefficiencies are (and then act on fixing these problem areas) that truly thrive. Thanks to advanced business intelligence applications that incorporate supply chain-centric analytics , distributors are now able to truly understand their channels on a line-by-line basis, which can lead to better decisions and ultima