Sat.Jul 07, 2018 - Fri.Jul 13, 2018

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A Six-Step Process for Demystifying Your Safety Stock Process

Arkieva

Do others challenge your safety stock selections? Are you in need of a safety stock process or policy? Want to take the drama out of your safety stocks? Use this collaborative six-step process to demystify your safety stock process and a create buy-in. A Six-Step Process for Demystifying Your Safety Stock Process was first posted on July 10, 2018 at 9:08 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Tariffs and Trade War: What Should Supply Chain Executives Do?

Talking Logistics

Trade Wars! It’s on everyone’s mind, especially with the new tariffs the United States and China have imposed on each other. It’s not like there aren’t already enough risks and disruptive forces in supply chains and logistics. Why should supply chain executives care about these threats? What actions should they take today to respond effectively? What capabilities are required to adequately explore and analyze the many “What If” questions companies should be asking?

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Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades.

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How fast will Blockchain Mature in the Supply Chain?

Enterra Insights

With all the buzz about blockchain, one could be excused for thinking the technology is fully mature. However, Robert J. Bowman, Managing Editor of SupplyChainBrain , reminds us, “When it comes to the deployment of blockchain in the supply chain, or anywhere else for that matter, these are still early days.”[1] Why all the hype? The simple answer is potential.

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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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Advanced analytics meets social good: how Angel Flight West optimizes flight routes for families in need

AIMMS

There are many great examples where advanced analytics have contributed to social good. North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. The Dutch Delta Program Commissioner used analytics to prevent flooding and was recognized with the 2013 Edelman Award. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS-based optimization to plan flights for families in need.

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Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades.

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Robots for eCommerce Fulfillment

Logistics Viewpoints

For robots in eCommerce fulfillment, last year was the year of pilots. This year customers are willing to publicly speak about the benefits they got from eCommerce robots at eft’s 3PL & Supply Chain Summit in Atlanta. The post Robots for eCommerce Fulfillment appeared first on Logistics Viewpoints.

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Manage Supply Chain Expectations with Service Level Agreements (SLA)

Enchange Supply Chain Consultancy

If you do not specifically agree on what is expected between two parties before you start a relationship then anything and everything but success is likely.

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Emerald Literati Network Awards for Excellence 2018

SCM Research

Emerald has recently announced the winners of their 2018 Emerald Literati Network Awards for Excellence. Numerous SCM-related articles have received outstanding paper or highly commended awards, and might thus serve as excellent articles to read during summer. Several winning articles relate to external ( Abdallah, Abdullah & Saleh , Fawcett et al. and Ralston, Richey & Grawe ) and internal ( Makepeace, Tatham & Wu and Roh et al. ) supply chain relationships.

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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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Making Manufacturing Fun for Future Generations of Workers

Enterra Insights

Most people have heard the term Industry 4.0 which refers to the next industrial revolution. The revolution is being triggered by technologies like artificial intelligence (AI), robotics, the Industrial Internet of Things (IIoT), and additive manufacturing (aka 3D printing). Industry 4.0 is predicted to make manufacturing more efficient and effective and to eliminate many manufacturing jobs.

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This Week in Logistics News (July 9-13, 2018)

Talking Logistics

My voice is a little sore this morning. It could be from all the cheering last night. My son’s Little League All-Star team advanced to the District Championship with a thrilling win last night. If the team wins tomorrow, they advance to the next round of the State Championship tournament. Or my sore throat could be from the loud yelp I gave out yesterday when I received my daughter’s first college tuition bill.

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Themes from the 2018 SCM World Leaders Forum

Kinaxis

by Dr. Madhav Durbha. “Thick data” vs big data, the power of the supply chain profession, and cybersecurity. I just returned from a very inspiring 2018 SCM World Leaders Forum in London. While I attend several supply chain conferences in any given year, SCM World is a favorite of mine for a couple of reasons. For one, this is a power-packed forum with the who’s who of supply chain in attendance.

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Most Popular Supply Chain Posts of 2018 So Far (Part 2)

The Network Effect

Here’s is part 2 of our Most Popular Posts of 2018. If you missed it, here’s Most Popular Posts of. The post Most Popular Supply Chain Posts of 2018 So Far (Part 2) appeared first on The Network Effect.

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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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Omnichannel Operations can make Frenemies of Retailers and Suppliers

Enterra Insights

We are all familiar with the terms friend and enemy. We learn to trust a friend and distrust an enemy. In more recent times, however, the term “frenemy” has cropped up. Frenemy is a portmanteau of “friend” and “enemy” and a clear oxymoron referring to someone with whom one is simultaneously friendly and rivalrous.

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IoT Speeds Over-the-Road Shipment Tracking

Talking Logistics

If you’re a global supply chain executive, you’ve got a challenging job. A job that was once as simple as moving goods around now involves managing relationships with suppliers and service providers all around the globe, while also keeping track of the goods as your shipments move closer to their destination. According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer acco

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Best Practices for Managing Strategic Suppliers effectively

Procurement Academy

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your… The post Best Practices for Managing Strategic Suppliers effectively appeared first on Procurement Academy.

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6 Supply Chain Trends That Could Truly Shake You Up (2018 Update)

Logistics Bureau

Trend identification is a tricky business. Supply chain trends make it yet more complex because they represent the intersections of so many different domains. What is a supply chain trend-spotter to do? Some pick out particular statistics to make precise, but meaningless forecasts. Others wave their hands and announce sweeping megatrends that sound impressive, but that lack supporting data.

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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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In Case You Missed It: Best Industry Articles and Insights for June

ModusLink Corporation

Need help keeping up with the latest supply chain, logistics, manufacturing and e-commerce industry news? Below, you’ll find the top articles and trends from June covering various sections of these quickly evolving industries. Pressures on supply chain teams are increasing, leaving organizations struggling to collect and analyze mass amounts of data.

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ISO 20400: Building Value Through a New Standard for Sustainable Procurement

EcoVadis

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. It is not surprising then that not only procurement professionals but also CEOs and heads of public organizations are increasingly looking for ways to understand their supply chains.

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Three Mega Trends Driving Supply Chain Transformations

TMC

Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supply chains. It’s rare to come across an industry article or conference that doesn’t reference how supply chains are being disrupted, automated, and optimized through digitalization.

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Autonomous Vehicles Will Be Piloting Your Supply Chain Sooner Than You Think

AFFLINK

The future of transportation is autonomous. Whether you’re shipping goods across the sea or across the highways, your products will eventually move along inside of a vehicle without a driver. More to the point, those options are going to be here sooner than you think. For entrepreneurs considering driverless transportation, there are already a number of choices available.

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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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Alibaba, Tech Industry Believe Logistics Are Key to Continued Growth in the APAC Region

CHAINalytics

| By Tim Foster | Managing Director, APAC Region | Chainalytics | Alibaba, one of the world’s largest e-commerce marketplaces, understands the value of logistical efficiency. So it should be no surprise Jack Ma and his group are investing heavily in the sector in order to build a stronger, more connected network which seeks to … The post Alibaba, Tech Industry Believe Logistics Are Key to Continued Growth in the APAC Region appeared first on Chainalytics.

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Gain inventory control with multiple warehouse management tactics

TradeGecko

Not many businesses can deny the need for a couple or more warehouses somewhere along the supply chain. It’s not hard to understand why: typically having a warehouse per region ensures that stock can be shipped to the customers faster.

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Five Tips on Sourcing Products From China

EMERGE App

Introduction. Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. Much of its meteoric rise was also well-timed with the rapid change in the technology market from desktop PCs to the mobile web, including must-have devices like the iPhone and iPad to just about every mobile de

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Challenging Economic Conditions for Manufacturing and Distribution

AIT SureShip

The exponential success of supply chain giants is causing distributors and manufacturers alike, to evolve their business models to accommodate mixed mode transactions. Mixed mode meaning -the organization must adopt a larger vision of serving their customers’ needs to stay competitive in the marketplace. For example, a manufacturing organization would add services and/or distribution to their offering.

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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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Quick Service Restaurant Distributor Partners with Chainalytics for a Network Design Project Required to Meet Continued Expansion

CHAINalytics

Ongoing Franchise Growth Drives Need for Network Expansion Recently, an Atlanta-based quick service restaurant distribution cooperative providing over 8,000 franchise restaurants with forecasting, purchasing, inventory planning, warehousing, transportation, and delivery services contracted with Chainalytics to perform a distribution network analysis for their U.S. operations.

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How could rising interest rates affect your supply chain?

Taulia

After many years of low interest rates following the financial crisis, a rise in interest rates may finally be on the horizon. While the U.S. saw three hikes in 2017 and the Bank of England increased rates to 0.5% in November 2017 – the first increase in a decade – rates dropped to all-time lows again at the advent of the coronavirus pandemic in 2020.

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What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)?

3PL Insights

If you’ve ever used ASNs or EDI, then you know how helpful they can be to your business. The amount of time and effort saved by using these technologies makes them a must-have when transferring documents to another company. Here’s what you need to know about EDI and ASNs. What is EDI? EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies.