2024

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Why Nobody Sends Out an RFP for Supply Chain Operating Networks

Talking Logistics

In my 25+ years as an industry analyst, I have reviewed (and helped craft) many Request for Proposals (RFP) for supply chain and logistics software applications — especially for shippers and third party logistics providers (3PLs) looking for a transportation management system (TMS) or a supply chain visibility solution. Never, in 25 years, have I.

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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long span. The collapse sent vehicles and people plunging into the water. According to a Coast Guard memo, a harbor pilot and an assistant aboard the cargo ship reported the power issues that prompted multiple alarms on the bridge of the vessel and loss of propulsion.

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Self-Checkout Turns Customers into Employees and Employees into Security Guards

Enterra Insights

Everyone knows that customers dislike long checkout lines. That’s why self-checkout machines were first introduced nearly two score years ago — to reduce long checkout lines. Journalist Amanda Mull explains, “When self-checkout kiosks began to pop up in American grocery stores, the sales pitch to shoppers was impressive: Scan your stuff, plunk it in a bag, and you’re done.

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Digital RtM & Supply Chain – 4 Data Points That Will Transform FMCG

Enchange Supply Chain Consultancy

Explore the transformative potential of integrating technology into the distribution network, from producer to point of sale.

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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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Real-World Supply Chain Robotics

The Network Effect

The post Real-World Supply Chain Robotics appeared first on The Network Effect.

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Decision Intelligence A Key Pillar of Next-Gen Supply Chain Planning

John Galt

Decision intelligence is powered by enabling technology like AI and machine learning to help inform and shape supply chain decisions. Learn more.

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Top Eight Avoidable Supply Chain Practices

Stord

Explore the top 8 supply chain logistics practices to avoid to prevent disruptions and drive innovation in supply chain management.

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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management

Supply Chain Brain

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.

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Supply Chain Visibility – Connecting Data to Maximise Value

IT Supply Chain

By Elmer Spruijt (pictured) VP Transport Management EMEA , Descartes The post Supply Chain Visibility – Connecting Data to Maximise Value appeared first on IT Supply Chain.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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From the Barley in the Fields, to the Beer in Our Hands: Carlsberg’s Sustainability Journey

BlueYonder

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 billion liters of alcoholic and non-alcoholic drinks, the operation is vast.

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U.S. E-commerce Logistics Report: Overcoming Barriers and Seizing Opportunities

Talking Logistics

The United States has established itself as an unrivaled leader in the North American e-commerce logistics market. This success is primarily driven by its cutting-edge technologies and robust infrastructure. Online sales in the country have experienced remarkable growth over the past decade, registering an impressive annual increase of 13% to 18%. This remarkable trajectory is.

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Medline is the Largest User of the AutoStore Robotics Solution in the World

Logistics Viewpoints

AutoStore in action at a Medline Distribution Center AutoStore has a lot of buzz surrounding it. This public company (OSE:AUTO) headquartered in Norway achieved revenues of nearly $650 million in less than 20 years. The company continued to grow during COVID even as the industry shrank. And their revenues don’t include services – they work through system integration partners.

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How Mobile Workflow Solutions are Shaping Industries

TrackVia

Do you ever feel like you’re constantly playing catch-up in the business world? Like everyone else has figured out some secret formula for success, and you’re still trying to crack the code? Well, buckle up because we’re about to let you in on a little secret weapon that’s been hiding in plain sight: mobile workflow solutions.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Tecsys’ Corinna Hoag and Vee Srithayakumar Named 2024 Supply & Demand Chain Executive Pros to Know

Tecsys

Award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

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Clean up Historical Data using Intuiflow

Demand Driven Technologies

Cleaning up demand histories is a classic discipline for any forecaster in the supply chain. When generating a statistical forecast, you must first ensure that the historical data has been cleaned of outliers. Otherwise, beware of GIGO! (Garbage In, Garbage Out). This historical clean-up is generally carried out on monthly buckets, sometimes on weekly buckets.

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What are the Critical Success Factors for FMCG Market Entry?

Enchange Supply Chain Consultancy

What does Market Entry Mean? Market entry can take many forms, and often a company (e.g. FMCG Co.) will see its own brands present in a market (e.g. Market X), and then look at planning an official ‘Market ‘Entry’.

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Sustainability Q&A: Building Sustainable Supply Chains

John Galt

In this Q&A with MIT Research Scientist Dr. Velázquez, we discuss supply chain sustainability challenges, research findings, and recommendations.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Trends 2024/Technology

Enterra Insights

Over the past few years, more and more experts have ditched the practice of making predictions and turned to writing about trends. Former President Bill Clinton once advised, “Follow the trend lines, not the headlines.” For business leaders, that remains sound advice. To that end, I scoured numerous articles about technology trends to see if some kind of consensus emerged about which trends will have the greatest impact over the coming year.

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Watch: Lessons in Marketing From a Veteran Supply Chain Practitioner

Supply Chain Brain

Sherry Harriman, former SVP of logistics and supply chain with Academy Sports + Outdoors, tells how she prefers to be approached by supply chain marketers — and the tactics that don’t work.

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One Nexus’ Pledge to Elevate Customer Service Excellence – A Year in Review

IT Supply Chain

By Alan Glazier (pictured) Commercial Director, One Nexus The post One Nexus’ Pledge to Elevate Customer Service Excellence – A Year in Review appeared first on IT Supply Chain.

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A Fast Solution To Slow Movers in Blue Yonder Fulfillment

BlueYonder

If You’re Not Using Fulfillment Slow Mover Logic, You Might Be Missing Out This blog is co-written by Tony Verdi , Customer Success, and Jennifer Brox , Industry & Solution Marketing Are you feeling pressure from above to squeeze even more margin out of your network? How many inventory dollars are tied up in C and D items? What percentage of your SKUs are segmented as slow movers?

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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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Happy International Women’s Day

Locus Robotics

Home March 08, 2024 Happy International Women’s Day Rick Faulk , Chief Executive Officer Today, March 8th, is International Women's Day — a globally recognized day to celebrate women's social, economic, cultural, and political achievements worldwide. As we take a moment to honor this important occasion, I want to express my sincere gratitude and admiration for the invaluable roles women across Locus play in driving our success.

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Siemens EcoTech: Driving Sustainable Transformation of Industry

Logistics Viewpoints

Aside from creating products that have sustainable benefits, Siemens has increased the value of their offerings by focusing on the traceability and data verification of their products. Companies across the globe are being placed under pressure to keep an accurate record of emissions data across their entire supply chain, due to regulations requiring annual reporting.

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E-Invoicing: How It Works and Why Your Business Needs It

Precoro

As the drawbacks of time-consuming and error-prone manual invoice processing become increasingly evident, more and more companies are switching to electronic invoicing as a convenient alternative. With e-invoicing, the process of generating and distributing invoices is automated – meaning neither the vendor nor the buyer has to key in or send anything manually.

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Truepill Selects Tecsys' Eliteâ„¢ WMS for Healthcare Distribution to Support Its Growing Mail Order Pharmacy Operations

Tecsys

Three Tecsys recipients recognized with award that honors outstanding executives whose accomplishments leverage supply chains for competitive advantage.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

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.

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What is Field Service Management?

TrackVia

Field service management (FSM) is a comprehensive approach to managing and optimizing the operations of field service teams. These teams, often consisting of technicians, engineers, or specialists, are responsible for delivering on-site services to customers. FSM encompasses a wide range of activities, including scheduling and dispatching work orders, tracking inventory, managing customer communication, and ensuring timely and efficient service delivery.

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3 Steps to Boost FMCG Sales

Enchange Supply Chain Consultancy

A few months ago, I hurt my knee whilst running. It was a rather tame event but my knee was clearly injured. Failing to heal over the next few days I decided to visit an Osteopath who specialises in sports injuries. He informed me that I had an unstable knee with poor muscle development to support it. This came as a great surprise as I exercise every day and consider myself to be fit – I’ve been doing triathlons for over 16 years, for example.

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Four easy warehouse wins for your manufacturing or distribution business

SYSPRO Smarter ERP

Many manufacturers struggle to optimize warehouse productivity and attract skilled employees. Inefficient working conditions and manual work only worsen the problem. In fact, the latest figures from the Bureau of Labor Statistics in the U.S. put annual warehouse turnover rates at 43 percent. That’s where automation comes into play. An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors.