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Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The equivalent of 7% of America’s GDP is tied up in inventory, and accounts receivable and payable.

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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Trends In Manufacturing: 5 Tangible Technologies are Shaping the Future of Manufacturing Now

Cerasis

Continuous improvement is part of the game in manufacturing. Among the new trends in manufacturing improving the industry, additive manufacturing and cloud-based systems will push manufacturing forward in 2017. In fact, rapid design and lightning-fast prototyping, reports Mark Dohnalek of Manufacturing Business Technology magazine , will allow manufacturers to design and produce products in a few days, if not hours. Manufacturing

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.

This Week in Logistics News (January 30 – February 3, 2017)

Talking Logistics

Wal-Mart offers free two-day shipping in latest attempt to compete with Amazon (Reuters). Robinson conflict minerals free shipping JDA Software managed services project44 robots TMS tooth fairy transportation management systems UPS WalmartToothy. Flossy. Sparkles.

This Week in Logistics News (October 23-27, 2017)

Talking Logistics

UPS Forecasts Another Record-Breaking Holiday Shipping Season. Ryder Reports Third Quarter 2017 Results. Prime members can pre-order the Amazon Key In-Home Kit, which includes Amazon Cloud Cam and one of several compatible smart locks by leading lock manufacturers Yale and Kwikset.

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. Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control.

Taming the Long Tail of Inventory

Logility

Well to my surprise, I fired up the Google machine and, using the manufacturer and model number, I quickly found a company that specializes in providing genuine obscure OEM parts. Long-tail inventory strategies concentrate on managing the B, C, D, etc.

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.

Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

Cerasis

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. In our predictions’ blog post from earlier this year, we noted how customization will begin to replace traditional inventory management, and essentially, customization goes back to using computer analytics to generate a more accurate, successful view of inventory management.

Shipping Technology: Non-Tech Savvy Shippers Lose Advantage Over Time?

Cerasis

What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions. The first struggle with implementing shipping technology in an enterprise goes back to considering in-house versus outsourced tech solutions. In modern shipping, there are numerous off-the-shelf tech solutions and platforms that can enhance a company’s productivity.

6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

Cerasis

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards.

Physical Fulfillment in a Digital World

ModusLink Corporation

For years, the main role of a brand’s warehouse was to accept inventory from suppliers, store the inventory until it was needed and then ship it to brick and […]. Manufacturing to Market ecommerce logistics supply chain warehousing Distribution

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.

LTL Rates, Capacity, and Fuel: The General Outlook for 2017

Cerasis

Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Shipping LTL Rates Will Improve.

Coming soon to a supply chain near you: 8 big digital disruptors

Kinaxis

That in turn is changing how organizations are manufacturing and delivering goods. HP has a printer that can order ink and have it shipped directly to your door automatically.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

With enhancements in manufacturing and product development, it’s increasingly hard to distinguish product capabilities as a customer. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. Can your suppliers direct ship?

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Supply chain visibility: The key to growth

Kinaxis

There were a couple of key takeaways from the report: Manufacturers are planning on growth, but the overall market isn’t likely to grow. But according to our data, today’s manufacturers are much more focused on driving new growth than ever before.”.

Things Aren’t Always as They Appear in Today’s Supply Chain: The Direct Correlation Between the Accuracy of Your Mobile Data Inputs and Your Factory’s Outputs

OneSCM

That is why it’s fair to say that what you see is not always what you get in today’s high-tech manufacturing plants and warehouses (once the final performance metrics are tallied days or months later).

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Six Ways Warehouse Inventory Management Software Optimizes Efficiency

IQMS

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B How Warehouse Inventory Management Software improves efficiency. Streamlining Pick, Pack, and Ship Operations Across All Locations.

Supply chain pain points: Automotive

Kinaxis

Automotive manufacturers must contend with a global supply chain footprint spanning multiple time zones and dozens of countries. Increased expediting and premium shipping charges. by Alexa Cheater 6 speed bumps on the road to automotive supply chain success.

Things Aren’t Always as They Appear in Today’s Supply Chain: The Direct Correlation Between the Accuracy of Your Mobile Data Inputs and Your Plant’s Outputs

OneSCM

That is why it’s fair to say that what you see is not always what you get in today’s high-tech manufacturing plants and warehouses (once the final performance metrics are tallied days or months later).

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[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. How Big Is the Problem Of Inbound Freight Management?

The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Supply Chain Market reported the closest any manufacturer can get to the magic bullet of efficiency (collaboration) is through greater supply chain visibility.

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Gartner says “Add S&OP to your Financial Planning”. Here’s Why.

ToolsGroup

Aligning financial planning and S&OP requires trade-offs—between financial goals and constraints, and demand, supply, and inventory—to balance business aims in a go-to-market strategy.

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Why you don’t need perfect data to start implementing S&OP

AIMMS

We are a manufacturer of premium entry systems, such as revolving doors and security access gates. We were trying to optimize the workload between these factories to have our manufacturing be as efficient as possible. Manufacturing to Order is our primary process.

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Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

The high-revolution has given emerging markets the opportunity to become fully developed, increasing the number of consumers and manufacturers. The role of TMS is growing more important in modern transportation and shipping. However, modern technologies give companies more data points that can be boiled down into better, more accurate forecasts and real-time response to changes in market or inventory. The use of 3PLs will continue to grow throughout 2017 and beyond.

Do You Have a Proactive Supply Chain Design or a Reactive One?

Talking Logistics

Factors like global trade and a customization trend in manufacturing have altered the “straight shot” supply chain forever. Thankfully, digitization of inventory and technology like real-time shipment tracking from 3PLs are taking the pinch out of switching for these companies. While civil unrest could slow down production or shipments in a foreign country, natural disasters can accomplish just as much shipping disruption in North America.

A Path Towards IoT Enabled Service Parts Planning

ToolsGroup

Yet an unfortunate reality is that many manufacturing and services organizations with lower levels of process maturity have not recognized the differing process and decision-making needs required for responsive and effective SPP. There is very little tolerance for inventory back-orders since non-performing equipment results in downtime costs that can far outweigh the cost of the replacement part.

The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

Cerasis

A common theme of the 2016 predictions was growth and scalability, so let’s look at how companies are using these technologies as we prepare for the innovations of 2017. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues. However, they also can stop problems with inventory management.

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.

What Should an LTL Transportation Management System Do for Me as a Shipper?

Cerasis

That is the word being used to describe the state of the logistics industry in 2017, reports William B. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. Less-than-truckload (LTL) shipping has been amid a capacity crunch. A perfect world would be just that, perfect, but shipping is not perfect.

A New Red Wagon?

Supply Chain Shaman

Let’s take a look at the world of the chemical manufacturer. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession).

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

” Each functional area of the supply chain (purchasing, planning, distribution, manufacturing, customer service, etc.) For example, maximizing factory efficiency can lead to a surplus of inventory.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns.