Unleashed

OCTOBER 9, 2018

When many businesses forecast demand, even the most studious companies will not get it 100 percent accurate, instead of perfection, the focus should be on minimising errors. Planning is one of the core functions of supply chain management that can help minimise errors and thus increase the accuracy of forecasting demand. Understanding and predicting customer demand is vital for businesses to avoid stock-outs, maintain adequate inventory stock levels and increase overall profitability.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Supply Chain Planning Software 58

ToolsGroup

OCTOBER 9, 2018

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.

S&OP 191

S&OP Supply and Demand Supply Chain Software Gartner 191

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Kinaxis

OCTOBER 9, 2018

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.

Supply Chain Design Software 175

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 175

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.

Report

SCM Research

OCTOBER 9, 2018

“Cigarette production and consumption have seen dramatic growth in recent decades and although the health effects of smoking are widely recognized, its impacts on the environment are largely overlooked”, the authors of a new World Health Organization report argue, which is titled Cigarette Smoking: An Assessment of Tobacco’s Global Environmental Footprint Across Its Entire Supply Chain (pdf).

Global 112

Global Report Food Resources 112

GlobalTranz

OCTOBER 9, 2018

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.

Cost Reduction Strategies 210

Cost Reduction Strategies Shipping Resource Reduction Logistics Network Optimization Software 210

River Logic

OCTOBER 9, 2018

Growing up in a small oilfield town, we didn’t have a McDonald’s; we had Joy’s Grill. Joy, the owner, and his wife, Wanda, ran a straightforward automated operation in their diner with one row of booths and a counter open to the grill. She took the orders and yelled out “mash one,” which queued Joy to throw another patty on the grill. He finished the order, Wanda served, and whoever had a free hand, rang up the checks at the register.

Supply Chain Software 105

Supply Chain Software Analytics Supply Chain Supply and Demand 105

PINC

OCTOBER 9, 2018

Leading supply chain and logistics publication includes PINC, the leading provider of real-time digital inventory solutions, to its annual list of 100 Great Supply Chain Partners.

Supply Chain 100

Supply Chain Supply and Demand Inventory Logistics 100

Talking Logistics

OCTOBER 12, 2018

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. This is the first time in many years that I’ve had to assume all of her responsibilities in managing the complex operations of a house with three kids (our oldest child is in college, which you would think would make things easier, but she lost her prescription eye glasses, so I had to pick up a new pair at the store, box them up, drive to the post office, and stand in line to mail them to her.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

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Analytics

GlobalTranz

OCTOBER 12, 2018

E-commerce is growing at a phenomenal rate and, powered by the top trends in e-commerce logistics, shippers have an amazing opportunity to increase profitability and reduce freight spend simultaneously. The time to understand the trends in commerce logistics and position their organizations succeed and overcome the challenges that accompany this unique way of moving product on a global scale.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software Trends 186

Enterra Insights

OCTOBER 10, 2018

As recent events demonstrate, science fiction often turns into science fact. Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Supply Chain Network

OCTOBER 9, 2018

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

Supply Chain Software 114

Supply Chain Software Predictive Analytics Software Missouri Expense Reduction 114

Talking Logistics

OCTOBER 10, 2018

Sending out a Request for Proposal — an RFP — is what most companies do when they’re looking for a technology solution. But what if instead of a Request for Proposal , the RFP became a Request for Partnership , as my friend Kate Vitasek from the University of Tennessee suggested several years ago ? It seems like companies are starting to move in that direction, viewing and evaluating providers of technology not as prospective vendors , but as prospective partners.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Modeling Software Supply Chain Network Software Supply Chain Software 101

Advertiser: GEP

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.

Sourcing Strategies

GlobalTranz

OCTOBER 10, 2018

Final mile and last mile both referred to the final stage of delivery, and the use of last mile in e-commerce can mean the difference between a positive customer experience and a return. Simply not delivering a package on time will dramatically increase the rate of returns, and poor last mile in e-commerce delivery can contribute to increasing logistics costs.

Cost Reduction Strategies 160

Cost Reduction Strategies Resource Reduction Freight Negotiating Skills 160

Elementum

OCTOBER 8, 2018

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.

Supply Chain Software 79

Supply Chain Software Forecasting Forecasting Software Supply Chain 79

DAT Solutions

OCTOBER 10, 2018

Hurricane Michael has made landfall with the Florida panhandle as a very scary Category 4. That is the second-highest category, with winds of 130 to 156 MPH. You can imagine what kind of damage that can do to buildings and highways, let alone a truck, so if you are in or near the Gulf Coast of Florida or Alabama, or anywhere in the path of the storm, PLEASE seek shelter and make safety your one and only priority.

Freight 70

Freight Florida Alabama Georgia 70

Janeiro Digital

OCTOBER 12, 2018

This post originally appeared on Forbes. Digital transformation has remained a hot topic this year not only because of how integral it is for businesses, but also because so many conversations focus on predicting where it’s poised to go. Worldwide, companies are predicted to spend $1.7 trillion on digital transformation by the end of 2019, which will be up 42% from 2017.

Supply Chain Planning Software 76

Supply Chain Planning Software Cost Reduction Strategies Predictive Analytics Software Supply Chain Network Software 76

Advertiser: ZoomInfo

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.

Data

GlobalTranz

OCTOBER 8, 2018

E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. According to the U.S. Department of Commerce , U.S. e-commerce retail sales have increased 3.9 percent from the first quarter of 2018. Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping.

Shipping 120

Shipping Cost Reduction Strategies Manufacturing Procurement Optimal Sourcing 120

TMC

OCTOBER 12, 2018

Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. With 3,000+ attendees and 100 sessions at the event, the content addressed a wide range of supply chain opportunities and challenges. TMC’s participation included two different panel discussions; one was an overview of our Truckload Leader or Laggard research with MIT, which you can learn more about in my pre

Price Reduction 62

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 62

DAT Solutions

OCTOBER 9, 2018

Spot market line haul rates are now only 5% higher for vans now than they were a year ago, rising from $1.74 to $1.83 per mile not including the fuel surcharge. And the number of van loads that have moved in early October is nearly identical to 2017. You’d expect this season to be more different from early October 2017, when Hurricanes Harvey and Irma still had a massive impact on supply chain operations.

Freight 70

Freight Denver Oklahoma City Los Angeles 70

CHAINalytics

OCTOBER 8, 2018

An organization’s packaging operation provides an excellent starting point for driving warehouse efficiencies and should be considered as a major contributor to your supply chain performance. Packaging inefficiencies often lead to a number of issues that can quickly accumulate into a hefty bill. Here are a few steps your organization can take to avoid costly … The post 3 Key Steps to Improving Packaging Efficiency appeared first on Chainalytics.

Packaging 61

Packaging Supply Chain Performance Warehousing Supply Chain Optimization 61

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

Manufacturing

Supply Chain Collaborator

OCTOBER 12, 2018

This week’s manned Soyuz launch to the International Space Station appeared to be going smoothly, but some 90 seconds later NASA, on its livestream, reported that a problem seemed to have occurred with the booster rocket between the first and second stages of separation. The two astronauts were forced into a “ballistic descent” with their capsule landing a few hundred miles from the launch site.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Training Price Mitigation Strategies Supply Chain Planning Software 60

Arkieva

OCTOBER 10, 2018

How to determine when to use a best-fit analysis and when to use prediction techniques for demand forecasting analysis. Demand Forecasting Analytical Methods: Fit Vs. Predict was first posted on October 10, 2018 at 11:45 am. ©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.

Forecasting 60

Forecasting Predictive Analytics Supply and Demand Analytics 60

Elementum

OCTOBER 8, 2018

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.

Supply Chain Software 60

Supply Chain Software Forecasting Forecasting Software Supply Chain 60

CHAINalytics

OCTOBER 10, 2018

Realizing the benefits of a continuous engagement, a leading department store chain partners with Chainalytics to strategically realign their distribution network in order to remain competitive in an evolving retail environment. The strategic business challengeAs one of the most rapidly changing industries, retail is in an era of significant transformation.

Network Optimization 60

Network Optimization Distribution Supply Chain Optimization Price Mitigation Strategies 60

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Packaging

EcoVadis

OCTOBER 12, 2018

In 2015, the world got one step closer to a better future when 193 countries committed to the UN’s Sustainable Development Goals (SDGs), a framework for addressing the global community’s most critical economic, social and environmental challenges. These goals aim to eliminate poverty and hunger, promote global access to healthcare and education, protect earth’s natural resources, achieve gender equality, and more.

Supply Chain Design Software 64

Supply Chain Design Software Sustainability Supply Chain Design Supply Chain Software 64

Material Handling & Logistics

OCTOBER 9, 2018

The supply chain attack could have siphoned corporate secrets and government information while leaving few fingerprints. This week there was a blockbuster Bloomberg Businessweek report about U.S. investigations into a digital attack that involved planting snooping devices in the kinds of circuit boards used by Amazon, Apple, the U.S. government and other important organizations.

Supply Chain Design Software 62

Supply Chain Design Software China Supply Chain Software Supply Chain Design 62

AFFLINK

OCTOBER 10, 2018

Supply chain management has seen an increase in complexity over the past few decades. No longer are supply chain managers just product procurers: they now have a tremendous amount of responsibility. Supply chain management is now at the heart of every business, covering multiple aspects, from analysis and forecasting to logistics and shipping. Supply chain managers must now be talented, experienced, and tech-savvy.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Software Purchasing Skills Optimal Sourcing 54