Remove 2017 Remove Inventory Remove Manufacturing Remove Procurement

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers.

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The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. These will only contain posts written in 2017.

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The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. By understanding how the industry will evolve throughout 2017, you can prepare your organization for the challenges and opportunities that will come. Online sales grew 12 percent in 2016, and growth is forecasted for 2017, reports Ludger Schuh of the Inventory and Supply Chain Blog.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Procurement’s Role Did Become More Important.

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Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

This is especially relevant for high-tech industry manufacturers who must fight to keep their head above water as new competition floods the marketplace and long-time competitors diversify their product lines in an attempt to remain relevant. Technology research firm Gartner, Inc.

The Top 10 Logistics Blog Posts from 2017

Cerasis

Today is day three of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. These will only contain posts written in 2017. The Top 10 Logistics Blog Posts from 2017.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. New products are proliferating in manufacturing today, and delivery windows are tightening. PDF, no opt-in) 2017 Honeywell User’s Group.

5 Procurement Strategies For Small Medium Enterprises

CormSquare

staffing, financing, inventory management, customer service, marketing etc. Subsequently, procurement tends to be an afterthought, when it should be approached strategically! Small businesses spend between 40% – 65% of sales revenue on procurement of inputs.

Common Sales and Operations Planning Myths Part 5 – Lean and On-Demand Manufacturing

Logility

Today we are going to look at lean manufacturing. Myth: “No Need for S&OP; We have Lean Manufacturing.” ” Some proponents of lean manufacturing believe that if you are running lean processes where you have eliminated waste, raw and work in process (WIP) inventory will be delivered and used just-in-time (JIT) to meet customer demand. Raw and WIP inventory takes time to procure, build and transport.

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Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory.

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Here are a few of the big stories that I wrote about this past year that I believe define some of the big shifts in the supply chain ecosystem we witnessed in 2017, and the predictions for 2018.

Do You Understand Your Chief MRO Inventory Challenges?

Logistics Bureau

Given this knowledge then, does your organisation place enough importance on the management of MRO inventory? If yours is one of them, and you’re wondering where and how to start getting a grip on MRO inventory, this post might help. MRO Inventory Forecasting: A Matter of Opinion?

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. Robust Market Emerging for Digital Manufacturing Technologies. Tremors. Seismic shifts.

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. On May 12, 2017, a headline in the Wall Street Journal read “ Major Cyberattack Sweeps Globe, Hitting FedEx, U.K. Source: Evan, Flikr. “I

Digital Transformation: It Takes a Village

Supply Chain Shaman

What I do know is that 88% of companies , stuck at the intersection of operating margin and inventory turns, struggle to drive improvement at the balance sheet level, and that user satisfaction with the traditional technologies is low. Can substrates be manufactured with yeast?

Will Your Supply Chain Sink or Swim in this Digital Age?

OneSCM

Economic instability, an increase in competition and the globalization of sourcing partners have compelled manufacturers to seriously consider the viability of – or lack of – existing operational technologies and ultimately embrace a slew of new digital technologies that provide direct visibility into every aspect of their supply chain. That means materials sourcing, procurement, production, and shipping lead times are even shorter. Technology research firm Gartner, Inc.

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

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It’s time to welcome the supply chain CEO

Kinaxis

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage.

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

The procurement department manages inbound product, and the supply chain department manages outbound product. Inventory levels may soar or fail to meet customer demand, and profits become losses. This enables a better flow of procurement products to the end-user and a flow of orders back to vendors or manufacturers. Modern shippers must oversee thousands of individual processes and activities.

The Supply Chain Team’s Impact on Capital Projects

NC State SCRC

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different.

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Collaboration in the Automotive Industry: Enabling Intelligent IT-Managed Supply Chains

Talking Logistics

Centralized and harmonized way to exchange data between original equipment manufacturers (OEMs), suppliers, and forwarders instead of bilateral exchange via individual solutions. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Inventory and transportation costs are reduced significantly, while production processes are accelerated and delivery times are decreased.

Demand-Driven Supply Chain Transformation

synchrono

By applying demand-driven methods and synchronizing processes, manufacturers are reaching new levels of communication, profitability, and customer responsiveness. These manufacturers can instantly adapt to demand fluctuations, by sending real-time signals across their supplier network.

Supply Chain Planning Fireworks

Logility

Procurement and manufacturing plans need to be created and executed based on forecasts. Long-term forecast accuracy is vital for determining pre-build / pre-purchase inventory plans. eBook: The Inventory Optimization Handbook. Holidays are complex.

Top Myths Around Demand Sensing

E2open

Thursday 30 November 2017. Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. It’s not uncommon for promotions to drive 30% of a manufacturer’s business. Industrial Manufacturing.

The Procurement Economy in 2019: Bracing Yourself for the Future

Jaggaer

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations. This also required creating a flexible supply chain by creating preferred responses to possible changes, as well as realigning inventory in order to free up cash. Procurement Resources

The Strategic Importance of Supply Chain Management

AFFLINK

SCM also deals with the movement and storing of materials needed to create a product, as well as inventory management, and keeping track of finished goods from where they were created to who they go to.

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6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Rewards such as cost savings, time to market and inventory turnaround also contribute towards short-term goals.

Supply Chain Talk: 5 Fundamentals for Building a Collaborative Supply Chain

Arkieva

However, for most manufacturing businesses, the concept is elusive and at best abstruse. Procurement, logistics, and manufacturing are combined into a single Supply or Operations organization.

SCI IMPACT! vs. the Beer Game

Supply Chain Insights

In groups of 5, each team member is given a different role: Finance, Sales, Marketing, Production, and Procurement. Examples of the notifications include leadership mandates for inventory reduction and pending union strikes.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. 15th, 2017 (PDF.,

3 Tips for Placing the Customer at the Center of Your Hospitality Supply Chain

AFFLINK

Working out of a single Beverly Hills office and six regional affiliates, the chain’s procurement system deals with suppliers that then negotiate warehousing and delivery. Inventory Management. Problems with inventory management.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

What will happen in 2017? companies that move manufacturing operations overseas? Will prices continue to increase in 2017? The Fed has also expects to make three rate hikes in 2017 instead of two under its prior forecast. Alexa, How Much Inventory Remains at Store X?”

The Future of Logistics—20 Trends to Follow in 2017

FLEXE

As we ring in 2017, one thing is for sure: CEOs and CFOs will be putting more emphasis on supply chain. As you begin to prepare for the coming year, FLEXE has identified 20 logistics trends that can be expected in 2017: 1. manufacturing? More on-shore manufacturing.

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

On-demand warehousing solutions make it possible to solve for inventory overflow and add fulfillment centers with little-to-no risk and no long-term lease agreements. Cut transportation costs by positioning inventory closer to customers. Manufacturing locations.