Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. 2030 is 14 years in the future. Seven Predictions for Supply Chain 2030. It is hard to predict the future; and when you do, you know that you will be wrong, but please lean in with me and Imagine Supply Chain 2030.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. New Study Shows a Rise in US Company Inventories.

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Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Few implementations of planning connect to procurement and transportation. Economic Vision of Supply Chain 2030.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Trimble Acquires Brazil-Based Veltec to Expand its Global Portfolio of Transportation Solutions. Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes. For example, demand planning does not flow to procurement or transportation. There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Current Levels of Inventory.

How Megacity Distribution Models are Changing Urban Logistics

TMC

There are 28 megacities on the planet, and the United Nations projects that the number will reach 41 by 2030, accounting for a population of some 453 million people. In Mexico City, for example, some 60% of the city’s nanostores maintain only one to two days of inventory. Technology Transportation Management Distribution Model Logistics MegacityHow Megacity Distribution Models Are Changing Urban Logistics.Connect.

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Channel sensing enables the use of channel consumption, and the modeling of inventory across channels, to understand global and regional trends to maximize opportunity and mitigate risk. Choices on when to push, and when to pull, with translation into inventory policy and decoupling points.

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

Kinaxis

These retail robots can scan and track on-store inventory at rates far exceeding what any human worker could accomplish, capturing data on up to 20,000 products an hour. In the way that Uber has transformed passenger transportation, similar companies are doing the same thing for product and package delivery. These driverless, flying taxis are part of Dubai’s plan to have self-driving vehicles (of all kinds) account for a quarter of journeys made in Dubai by 2030.

Logistics in 2020: The Future of Road Freight

BluJay Solutions

The 2011 publication of a Whitepaper from the European Commission concluded 30% of road freight transport over 300 km should shift to other modes such as rail or waterborne transport by 2030, and more than 50% by 2050 (European Commission, 2011). Of greatest concern is the forecast increase in share of cost of labor for road transport, which is set to rise by up to 50% by 2025, according to various studies. The logistics industry is shaping up for some radical changes.

For Every Tom, Dick, and Harry

Supply Chain Shaman

Each also has a very different meaning of the role of inventory. My role was to start-up Vendor Managed Inventory (VMI) processes for Clorox to replenish Wal-Mart more effectively. For example, I recently worked with a company CEO that dictated 100% order compliance with no inventory. I like the flood cloud-based planning solutions into the market to tie production planning to production scheduling and transportation routing for process-based industries.

The best of Quintiq World Tour London: Chickens, skydiving & business planning

DELMIA Quintiq

But it was still an exciting day at the Park Plaza Hotel in the heart of the great city, filled with invaluable business insights and stories by our customers Moy Park, Transport for London and many others. million to 10 million by 2030! 79% of people who travel into central London in the morning peak hours arrive by train, so just imagine how huge and complex the planning puzzle for London’s public transport will become.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

The combination of technology along with the advancements in transportation made it possible. Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010. In the other years, P&G improves inventory turns but regresses on operating margin performance.)

Global 222

Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Shifts in Traditional Supply Chain Processes in the Building of Capabilities for Supply Chain 2030. Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Content Summary: Personal Mover Transports Employees around BMW Plant. To eliminate some of this traveling BMW’s R&D group developed a Personal Mover solution—a one-person means of transport for covering short distances within an operating site. We salute the year’s top advancements in supply chain technology and processes.

Future-proofing Supply Chain with Artificial Intelligence

ThroughPut

A recent survey by the Institute For Supply Chain Management , nearly 75% of companies reported some sort of supply chain disruptions owing to coronavirus-related transportation restrictions, and the figure is expected to rise further over the next few weeks. The Impact on Supply chains is twofold – First, companies must closely monitor short-term and long-term demand and inventory to account for any production loss in case of factory closures and economic slowdown.

Future-proofing Supply Chain with the Power of Artificial Intelligence

ThroughPut

A recent survey by the Institute For Supply Chain Management , nearly 75% of companies reported some sort of supply chain disruptions owing to coronavirus-related transportation restrictions, and the figure is expected to rise further over the next few weeks. The Impact on Supply chains is twofold – First, companies must closely monitor short-term and long-term demand and inventory to account for any production loss in case of factory closures and economic slowdown.

Future-proofing Supply Chain with the Power of Artificial Intelligence

ThroughPut

A recent survey by the Institute For Supply Chain Management , nearly 75% of companies reported some sort of supply chain disruptions owing to coronavirus-related transportation restrictions, and the figure is expected to rise further over the next few weeks. The Impact on Supply chains is twofold – First, companies must closely monitor short-term and long-term demand and inventory to account for any production loss in case of factory closures and economic slowdown.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. Supplier inventory management. Transportation planning.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning. Supplier inventory management. Inventory management.

Smart Mobility Projects: Shaping the Future of Logistics

TMC

Commonly called “smart mobility” projects, the work aims to improve both the safety and efficiency of transportation, balanced with improved environmental sustainability. Department of Transportation (DOT) projects that freight volumes in the United States will increase by more than 40% over the next 30 years. Estimates project that by 2030, 60% of the planet’s population will live in cities—up from around 50% today.

Building Outside-In Processes

Supply Chain Shaman

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory. Use GPS, maps and weather signals to better predict arrival and route transportation assets. Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists.

Ultimate guide to technologies that are transforming supply chains

6 River Systems

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. are transported by truck.

Smart Mobility Projects: Shaping the Future of Logistics

TMC

Commonly called “smart mobility” projects, the work aims to improve both the safety and efficiency of transportation, balanced with improved environmental sustainability. Department of Transportation (DOT) projects that freight volumes in the United States will increase by more than 40% over the next 30 years. Estimates project that by 2030, 60% of the planet’s population will live in cities—up from around 50% today.

Is Your Supply Chain Producing Too Much Waste?

AFFLINK

Transportation time and expenses are wasted when any part of the raw material or finished product are shipped without cause. Packaging waste happens when the wrong type of good in the wrong packaging is produced or excess inventory must be repackaged. The USDA announced a plan to cut food waste – now a whopping $165 billion annually – in half by 2030. Unilever has officially achieved zero waste , and now it wants to help other companies follow suit.

The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

But some believe now that IoT can boost productivity growth by increasing the efficiency of traditional business operations such as manufacturing, transportation, and retail.” Other benefits include inventory tracking, product tracking, process improvement, and optimization. By 2030, we will have over 100 trillion connected sensors, and in 2035, the prediction is that we will interact with a connected device every 18 seconds, or 4800 times a day.

50 expert tips on logistics planning and strategy

6 River Systems

NetSuite has launched a supply chain snapshot feature that’s a central part of any control tower that shows all of your inventory and related transactions with the ability to filter by subsidiary, location, etc. Maintain and expand your inventory management strategies. “Maintaining inventory accuracy is important for both your customer-facing systems and your internal ones. Think about how your warehouse might look in 2030.

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. Department of Transportation to ban the product from air transportation.

Supply Chain Innovation: The Next 15 Years

Logistics Bureau

RFID with temperature sensors to monitor transport and storage of vaccines and serums or temperature-sensitive foodstuffs. Inventory for example, will be able to count itself, enabling automatic replenishment and prevention of out-of-stock situations. Transportation units will transmit data relating to speed, location, load status and other vital information telling shippers and customers a real-time story of asset performance and location.