Sat.Feb 17, 2018 - Fri.Feb 23, 2018

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How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.

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Why chemical companies need prescriptive analytics for S&OP

AIMMS

The chemical industry is facing some powerful changes that are directly impacting revenues and margins. It’s also highly competitive. Everyone is trying to dominate their niche. This means chemical companies need to be adept at managing costs and profitability. But doing this ad hoc is too difficult. Having the right technology is key. Spreadsheets and legacy tools are no longer enough.

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6 More Logistics Technology Trends Enabling Success in 2018

GlobalTranz

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.

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Supply Chain Coordination with Contracts

SCM Research

Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.

Modeling 154
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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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Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored. Food for thought: Time for a different kind of supply chain.

More Trending

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5 Automated Logistics Technologies Predictions for Success in 2018

GlobalTranz

Logistics technology is expanding to keep up with increased demand, and shippers need to know which technologies can make or break success rates in 2018. Some of the top logistics trends to affect the industry in the coming year include these key automated logistics technologies. The Top Logistics Trends that Will Impact Logistics Management in 2018.

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3 companies tell you their success with Quintiq

DELMIA Quintiq

What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq. Just how happy are these companies with the Quintiq solution? Read their quick stories below.

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Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accele

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The ultimate Kinaxis credential

Kinaxis

by Joe Cannata It all started a little more than two years ago with two supply chain management certification exams — Kinaxis® Certified RapidResponse® Author Level 1 and Kinaxis Certified RapidResponse Administrator Level 1. Since then, we’ve grown our supply chain management exam portfolio to provide exams for contributors, authors and administrators, while also adding integration- and application-focused exams.

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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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Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

GlobalTranz

Omnichannel has been a go-to plan for retailers since 2008, but it is changing. Omnichannel, as a word and strategy in retail, is shifting. According to Michael Jones via Forbes , the word, omnichannel, will go away in the coming years as retailers move to become hyper-focused on what customers want, need, and find useful while shopping. While omnichannel is still going to be around, denoting the blending of channels into one experience, the customer experience in omnichannel will become the ne

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Dig Deep: What to Know About TMS Hosting, Data Models and Integration

Talking Logistics

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.

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This Week in Logistics News (February 17 – 23)

Logistics Viewpoints

This Sunday marks the end of the 2018 Winter Olympics. It has certainly been and exciting couple of weeks, with hundreds of medals awarded, and some incredible performances by the world’s greatest athletes. Yesterday marked the 38th anniversary of the Miracle on Ice, when the USA men’s hockey team defeated the heavily favored team from the Soviet Union.

Logistics 102
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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.".

S&OP 101
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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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Top 5 Tips To Optimize Your Warehouse Storage System

GlobalTranz

Do you have a messy, unorganized warehouse? We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. Optimising your warehouse storage system to ensure that it stays organized at all times of the month will be a dream come true, right?

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The Automated Local Fulfillment Imperative

Supply Chain Network

Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their onl

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Holiday Sales Demonstrated Necessity of Omnichannel Strategies

Enterra Insights

Amid all the talk of a retail apocalypse, some retailers demonstrated they still have life. Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] One of the primary reasons retailers are doing better is improved omnichannel operations.

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This Week in Logistics News (February 19-23, 2018)

Talking Logistics

This was school vacation week for my kids, which means it was a working vacation for me — with more emphasis on vacation than working. But I did manage to keep a pulse on what was happening in the supply chain and logistics industry; here are the items that caught my attention: KFC restaurants could remain closed for ‘remainder of the week’ due to chicken shortage crisis (Independent).

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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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Most Popular Posts of 2017

The Network Effect

What are people reading on The Network Effect? We took all the traffic to the site over 2017, filtered out. The post Most Popular Posts of 2017 appeared first on The Network Effect.

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European startups secure over EUR160 million of investment capital

Supply Chain Movement

Following on from the popularity of startups in the Europe-wide fintech sector, investors now seem to have spotted significant potential in supply chain management. Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement.

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Blockchain and the Global Food Chain

Enterra Insights

Blockchain is one of the newest buzzwords making a splash in the tech world. Most famously, blockchain is associated with so-called crypto-currencies like Bitcoin and Ethereum. It turns out, however blockchain technology can prove useful in many fields of endeavor. The food sector may be one area where blockchain technology will prove to be extremely beneficial.

Food 100
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China’s Historic Silk Road is Resurrected from the Rubble

Elementum

China is leading an initiative to revive one of the largest feats of trade infrastructure the world has ever known. Dating from China’s Han Dynasty, the Silk Road has stood sentinel for centuries — a network of trade routes linking the country’s commerce hubs to its biggest trading partners. Ancient records show that the route stretched from Chan’an, China (present-day Xian) in the far east, through India, Persia, Arabia, and — by its sea routes — as far as Europe’s Mediterranean coasts.

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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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How the IoT is Changing the Supply Chain Landscape

Material Handling & Logistics

The IoT can help companies free up manual resources while ensuring accurate delivery timing throughout the supply chain. It’s no secret that manufacturers have been aggressively pursuing digital transformation to compete and win in the marketplace. In 2018, manufacturers will ramp up this transformation to embrace new technologies that have the potential to change the supply chain landscape.

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Automation: What Does It Mean for the Future?

NFI Industries

Automation continues to make headlines with predictions of two-hour delivery times and drone services in the future, but what is truly in-store for the future of the shipping industry? While it’s unlikely the industry will see those sorts of advances in technology anytime soon, ecommerce continues to drive demand for automation. Customers are expecting faster, Read More.

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The Internet of Things and Supply Chain Operations

Enterra Insights

The term “supply chain” was coined because it denoted key linkages from raw resources to finished products. Connecting those links has been the essence of supply chain operations since trading first began. Through the centuries there has also been a focus on making supply chains more efficient. This focus sharpened and became even more important with the rise of e-commerce and omnichannel operations.

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Creating high-performance supply chain teams using the Kraljic model

Supply Chain Movement

Even though the era of ‘procurement through power’ is well over, I still see a lot of purchasers getting lost or sidetracked in the wrong quadrant of the Kraljic model in their quest for good prices to maximize profit. That is perfectly understandable, given the linear, results-oriented business culture in Europe. But focusing on the long term and allocating your resources to the right quadrant will take you to ‘best in class’ level and beyond, turning you into an efficient supply chain ‘high pe

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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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Keeping the Supply Chain Love Alive

ModusLink Corporation

Valentine’s Day, beyond being an occasion to indulge, adore and sugar load, presents the perfect opportunity to reflect on relationships. Brands have countless relationships to manage, within their business and even across their channels, though when it comes to keeping things up and running, it may be most important to review the relationship to they […].

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Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling & Logistics

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. “The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” —corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000.

Survey 75
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Performance Reporting and the Operational Restructuring Process

Silvon Software

When companies begin to struggle financially and decide to institute a restructuring initiative to turn things around, many focus solely on the financial aspects of the organization. Unfortunately, this approach ignores the tremendous long-term value that operational improvements can deliver. As a business seeks to regain financial stability, a matching pursuit of operational excellence can help the company realize and capitalize on new opportunities.

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