Herlitz Inventory Management
JULY 15, 2020
There’s a fine line between lost sales and spoilage. Here’s how to find it. Buying the correct amount of inventory requires a fine balance between ordering enough inventory to support demand without overbuying. Solving this problem is much easier said than done, especially without a strong purchasing system that understands the challenge of stocking perishables.
Bristlecone
JULY 16, 2020
Giriraj (GK) Sharma, Associate Vice President, Bristlecone . In medical research, a lot of time and money has been spent on non-communicable diseases over the past three to four decades. In the last few years, as the industry caught up with AI/ML waves, possible scenarios from diagnosis to remote surgery with fewer human interventions were being widely explored.
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ThroughPut
JULY 14, 2020
“ Lean” is considered to be a philosophy of continuous improvement. What is Lean Continuous Improvement? Lean Continuous Improvement is defined as a method for identifying opportunities for streamlining work, reducing waste, and increasing productivity. By observing Lean Continuous Improvement best practices, manufacturers can figure out ways to continue business as usual while analyzing improvement opportunities along the way.
Supply Chain Brain
JULY 14, 2020
Supply chains are having a moment. It took a major transformative event to highlight the importance and fragility of the global and interdependent supply-chain network.
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.
Supply Chain Brief brings together the best content for supply chain and logistic professionals from the widest variety of industry thought leaders.
ProcurePort
JULY 16, 2020
The supply chain is a vital aspect to any organization in any industry. Developing a book of suppliers and vendors that are trustworthy, reliable, and actively respond to RFPs is a challenge for every procurement team. Enhancing the RFP process can help organizations in building a library of suppliers and vendors that they can turn […]. The post Enhancing the RFP Process for a Stronger Supplier Relationship appeared first on ProcurePort Blog.
Consumer Goods Logistics
JULY 17, 2020
Other than inventory, your logistics workforce is the largest expense in your distribution centers, eating up 50–70% of the warehousing budget. It’s why managing and reducing labor-related expenses is a top priority for just about every logistics executive. At Kane Logistics, we’re proud that our associate retention levels with our top 10 customers is 80.2%, compared to the industry average of 53.9% (U.S.
AIMMS
JULY 13, 2020
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.
GlobalTranz
JULY 14, 2020
Telematics is all but inseparable from the modern supply chain. GPS technologies have been a staple of the industry for some time, but telematics services today can offer even more. With such a variety of services available, choosing the right fleet tracking software can be a challenge. While some of your needs will vary depending.read More. The post 5 Reasons to Keep Your Telematics Service Provider appeared first on Transportation Management Company | Cerasis.
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Logistics Viewpoints
JULY 13, 2020
COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed. The post COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain appeared first on Logistics Viewpoints.
Talking Logistics
JULY 15, 2020
When you think about Microsoft and its role in supply chain and logistics, Excel is probably the first thing that comes to mind. The Excel spreadsheet is arguably the most used software application in the field (see “5 Reasons Why Excel Is Champ Of Supply Chain Apps”). But over the past few years, Microsoft has. Read more The Most Important Technology Company in Your Supply Chain Operations.
AIMMS
JULY 13, 2020
Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.” IBP provides substantial bottom-line benefits.
GlobalTranz
JULY 13, 2020
Achieving balance within the flow of forward and reverse logistics is a complex task for modern supply-chain professionals. Supply chain executives expect results. Supply chain professionals continue to see a steady flow of product returns. Unfortunately, companies cannot simply slam the door on product returns. This would alienate customers and inevitably lead to massive losses.read More.
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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.
The Logistics of Logistics
JULY 13, 2020
Selecting an E-commerce Fulfillment Partner with AJ Khanijow. AJ Khanijow and Joe Lynch discuss selecting an e-commerce fulfillment partner. For e-commerce companies the difference between success and failure is fulfillment. As the founder of an fulfillment company that specializing in e-commerce, AJ knows what companies should look for in an e-commerce fulfillment partner.
Talking Logistics
JULY 12, 2020
The current COVID-19 pandemic is creating many supply chain challenges for companies and organizations around the world, but it’s also serving as a catalyst for change and innovation. What supply chain capabilities will separate the leaders from the laggards, not only in response to this current crisis, but in their ability to succeed in the. Read more [Video] Making A Difference: Transportation Insight.
Logistics Viewpoints
JULY 17, 2020
It is always interesting to me to see the creative ways that companies try to collect data about their customers. Over the last few years I have seen an increasing number of “challenges” being shared on Facebook that in reality are simply ways to gather more information about its users. These include picture challenges, such as the “10 Days of Being a Mom Challenge” or the “Here’s How I’ll Look When I’m Old” challenge, as […].
GlobalTranz
JULY 16, 2020
Managing reverse logistics presents new challenges in the post COVID-19 world. Instead of simply managing returns and isolating defects, supply chain executives must now consider how returned products could lead to higher safety risks. And the need for efficient returns continues to grow in tandem. The supply chain coronavirus (COVID-19) impact also undermines efficiency in.read More.
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This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.
The Logistics of Logistics
JULY 14, 2020
Buying and Selling Transportation/Logistics Companies with Peter Stefanovich. Peter Stefanovich and and Joe Lynch discuss buying and selling transportation/logistics companies. Peter is a co-founder of Left Lane Associates, a Canadian mergers and acquisitions firm focused exclusively on the North American supply chain industry. About Peter Stefanovich.
Talking Logistics
JULY 13, 2020
Instead of manually executing tasks with a mouse or touch screen, why not speak them? We already see this in the consumer realm with smartphones, and in the warehouse too with voice picking technologies. It’s only a question of time before speech recognition gets embedded into other enterprise and supply chain applications. A TMS user, Read more Virtual Digital Assistants in Enterprise Software: The Journey to No Clicks.
ivalua
JULY 16, 2020
A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic. According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; h
Logility
JULY 14, 2020
The classic definition of clockspeed is the rate at which a processor can complete a processing cycle, typically measured in megahertz or gigahertz. More recently the term has been co-opted as a method for categorizing industries and companies. For companies, clockspeed can be used to guide dynamic business strategy. The clockspeed framework recommends that you master the ability to quickly and continually design, assemble, fortify and sustain chains of “competencies” that deliver value to your
More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.
The Logistics of Logistics
JULY 17, 2020
Frictionless Logistics: It’s the Collaboration, Stupid with Ketan Karkhanis. Ketan Karkhanis and Joe Lynch discuss logistics collaboration and the friction that limits productivity for shippers, 3PLs, brokers, and trucking companies. About Ketan Karkhanis. Ketan Karkhanis is the Chief Product Officer at Turvo, the first real-time collaborative logistics platform that uses artificial intelligence to perfect the science of movement.
PINC
JULY 13, 2020
New Gartner Market Guide for Yard Management shows the role that YMS plays in helping companies automate processes and offset the impacts of the global pandemic and other supply chain disruptions. . It didn’t take long for global supply chains to take center stage during the worldwide pandemic, what with the many shipping delays, supply disruptions, and related issues that made the world’s headlines.
The Network Effect
JULY 14, 2020
The post Solving Supply chain Problems with Digital Twins appeared first on The Network Effect.
Logility
JULY 14, 2020
The classic definition of clockspeed is the rate at which a processor can complete a processing cycle, typically measured in megahertz or gigahertz. More recently the term has been co-opted as a method for categorizing industries and companies. For companies, clockspeed can be used to guide dynamic business strategy. The clockspeed framework recommends that you master the ability to quickly and continually design, assemble, fortify and sustain chains of “competencies” that deliver value to your
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Enterra Insights
JULY 13, 2020
Prior to the novel coronavirus outbreak, many pundits believed we were in the midst of a fourth industrial revolution. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] The fourth revolution, they insist, is being driven by data.
Requis
JULY 14, 2020
Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. He is one of a very small group of experts that other investors turn to for advice.
QAD
JULY 16, 2020
India was the center of one of the earliest civilizations on earth, thriving throughout the second and third millennia B.C. Various cultures rose and fell during the intervening centuries until invaders from Europe arrived in the 16 th century. By the 19 th century, India became the “jewel in the crown” of the British Empire. Mahatma Gandhi led a non-violent resistance to British rule, and India became an independent nation in 1947.
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