Wed.Oct 17, 2018

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Reflections: Building the Network of Networks

Supply Chain Shaman

I remember the call like it was yesterday. Four years have passed. On this cold day, I would like to walk on the beach with my friend Maddy. She is there. I am not. Let me tell you the story. In 2014, while sipping on an early morning coffee, Maddy called to ask me a question. It sounded simple, but she was frantic. Working for a large manufacturer, she was trying hard; but failing, to integrate Ariba, Elemica, and GT Nexus.

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The Top 5 Challenges of Warehouse Management

GlobalTranz

Warehouse management is not a simple task, and warehouse managers face difficult challenges. Even when orders are low, standard operations continue to grow with each passing day. Part of this derives from the expansion of e-commerce into new and emerging markets. Since consumers have the ability to shop online 24 hours/day and 7 days/week, the challenges of warehouse management do not stop when the brick-and-mortar stores lock their doors for the day.

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The Digital Supply Chain needs to be a Smart Supply Chain

Enterra Insights

Most analysts agree supply chains need to go digital. More recently analysts are also talking about the importance of supply chains becoming smart. By that they mean supply chains need to take advantage of artificial intelligence (AI) capabilities to get the most out of collected data. Deloitte analysts John Ferraioli ( @Ferraioli ) and Rick Burke explain, “The digital supply network (DSN) can be a powerful tool for companies, allowing them to harness data and information to make more effe

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What matters next for supply chain management? An insider’s look at day one of Kinexions ’18.

Kinaxis

by Alexa Cheater It’s not about the future. It’s about what’s beyond it. And when it comes to what matters next for supply chains and supply chain management, it’s all about two things: digital, and the people enabling it. Hundreds of supply chain managers, planners, executives and experts gathered in National Harbor, MD on October 16 for the kickoff of Kinexions ’18, our annual user and training conference, to learn how to digitize, transform and revolutionize their supply chains.

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

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CfP: 2019 CSCMP European Research Seminar

SCM Research

The 14 th CSCMP European Research Seminar will be held in Warsaw on May 16 th and 17 th , 2019. Please find the call for papers on the webpage of the 2019 CSCMP European Research Seminar.

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How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

The U.S. e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. Managing stock for a variety of commerce channels is becoming more complex, costly, and risky. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. It’s clear that in the changing market landscape, where customers expect immediate and accurate fulfillment of purchases, companies need to look at their inventory

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Global Supply Chain Management Platform for Cannabis

Supply Chain 24/7

DMG Blockchain Solutions has planned capabilities of a new global supply chain management application that will include supply chain technology and integration across the legal cannabis supply chain.

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5 Ways to Reduce Costs With Your Hospital Supply Chain

AFFLINK

With healthcare costs rising across the board, it's critical for hospitals to examine every area in which overspending may occur and evaluate these areas for ways to save money. According to a Navigant study, the highest costs incurred by hospitals across the country are labor and supply chains. Supply chains account for an astounding 30% of a hospital's outgoing cash flow, exceeded only by the cost of staffing.

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All The News You Need to Know: 10/15-10/19

Freight Plus

Sears owes carriers and logistics providers $15.8 million in next 30 days, companies that fail to future-proof supply chains risk major disruption, J.B. Hunt raises driver pay by double digits, and so much more in the mid-week report.

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AI-Enabled Robotics Software for Manufacturing Automation: Speeding Time-to-Value

Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.

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Accurate Inventory Forecasting, No Crystal Ball Needed

Unleashed

Anticipating future demand is a tough job, wrought with ways you might go wrong. Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts. What is demand forecasting? Demand forecasting predicts what customers will buy, how much they will buy, and when they will buy it.

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Statutory Warning – Peak Months of Hurricane Season

Resilinc

A Category 4 hurricane is a major concern for businesses that need to keep a count of their inventory and don’t want their suppliers to face any shortages. Storms become more active during the months of August, September and October. It has been estimated that 2018 will witness around 10-16 named storms. A storm that reaches hurricane status is one where winds are at least 74 mph.

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Tariffs: How Resilient Is Your Supply Chain?

Maine Pointe

With a fresh batch of US/Chinese tariffs now on line and set to ramp up in January , Maine Pointe’s Chief Marketing Officer, Simon Knowles and EVP Strategic Procurement, Rex Clothier, discuss why now is the time to stress test your supply chain. On 24 September, the latest batch of US tariffs, starting at 10% and increasing to 25% at the end of the year, was imposed on $200Bn worth of Chinese goods.

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Supply Chain by the Numbers for Week of Oct. 18, 2018

Supply Chain Digest

JB Hunt has Made Big Hikes to Driver Pay, US Manufacturing Chugging Along afterTarrifs, No End to Lower Availability for US DC Space, MIT Making Huge Investment in School for AI

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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All The News You Need to Know: 10/15-10/19

Freight Plus

Normal. 0. false. false. false. EN-US. X-NONE. X-NONE. Normal. 0. false. false. false. EN-US. X-NONE. X-NONE. Transportation Business. Sears owes transportation and logistics providers $16.7 million. With $15.8 million due in the next 30 days, Sears faces “catastrophic consequences” as carriers terminate service and demand payment, the bankrupt retailer said in court filings.

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Coping With ‘One of Those Weeks’

BlueYonder

We all have them. Those periods when we cannot seem to switch off our emotions, whether due to personal circumstances, the loss of a loved one, or difficult memories that are triggered by events in the news. We all experience those times when our feelings insist on reaching out and begging for our attention like a needy child, no matter how much work we have to do or how badly we need to concentrate.

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#trustinaction on tour

Pivot88

Whilst we might not be full-time rockstars (karaoke efforts notwithstanding), the Pivot88 team have been on tour, hitting Maastricht and Milan last week for the 34th IAF World Fashion Convention and the PI Apparel shows. We had great fun launching our #trustinaction campaign at PI Apparel in Milan on The Wave, a sweeping 45m long digital advertising platform.

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Seasonal Inventory Management – Planning for Halloween

RELEX Solutions

It’s that time of year again – Halloween, a season when retailers promote everything from candy and pumpkins to costumes and decorations. In the US alone, the total spending for Halloween is expected to reach $9 billion this year. While the theme of the season may be scary, Halloween shouldn’t frighten retailers. Halloween has become a major opportunity for retailers to grow their business.

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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Declining Cost Curves Create Opportunities for Investors

Marianne Hudson

“As an investor, it is helpful to learn from history,” Swati Chaturvedi says. “Experiences deliver insight into what industries were successful.” Three sectors are experiencing declines in costs, helping products become widely accessible: computing power, gene sequencing, and energy storage.

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Maximising Production Efficiency with Bill Of Materials

Unleashed

What manufacturer doesn’t want to maximise production efficiency? This leads to the question of how stock control processes which have often been used for decades could possibly be improved upon any further. A Bill of Materials (BOM) takes complicated parts and raw material information and presents it in a meaningful way for producers to review with the aim of understanding their inventory manufacturing cycle inputs and improving upon them.

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Inventory management: How the fastest growing brands master it

TradeGecko

It often flies beneath the radar. Since it runs in the background it’s not always top of mind. In fact, it’s downright easy to ignore. It’s inventory management - and not obsessing over it could doom your business.

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Why Would I Become A Truck Driver?

3PL Insights

It seems like a simple answer, but with a shortage on drivers throughout the entire logistics industry a lot of people are asking this question. Some people might not even think to ask this question. Mike Rowe , the host from the tv show “Dirty Jobs” identifies this problem as the skills gap. Thousands of well-paying jobs for a skilled trade go unfilled, which leads us to the first reason to become a truck driver.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Attention all ERP Server Huggers! You “Reely” Need To Watch this Webinar

Rootstock

A couple of months ago, ERP industry observer, prognosticator, writer and founder of Vital Analysis, Brian Sommer, wrote an industry-rattling piece in Diginomica titled: It's 2018 So Why Isn’t My ERP Vendor Multi-tenant? Besides being one of the most entertaining people in our industry, Brian also has a reputation for calling it like it is, and his Diginomica piece was no exception, especially his points about ERP vendors and companies delaying their migration to multi-tenant cloud ERP.

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Granot Avocado achieves 100% shipping accuracy with Zetes’ palletisation software

Manufacturing & Logistics IT

Granot Avocado, an Israeli cooperative of agricultural farms, selected the ZetesMedea shipping verification solution, to maximise efficiency and eradicate errors from its loading verification operations.

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Considerations for Starting a Freight Business

Tailwind

The transportation industry is booming, and analysts predict a continued rise in the number and frequency of shipments carried from one location to the next in the upcoming year. Customers are demanding faster deliveries in today’s ever-connected world, and companies need assistance to ensure they continue to run a viable business. Freight businesses, then, play an integral role in delivering on the promise of shipping, albeit in various capacities.

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Supplier Assessment: Watch Out For These 7 Key Areas

Insights Solutions Global

Supplier assessment could be quite costly, and it requires you to have the right resources to get the positive results, i.e. drive your supplier's performance. So what areas you should pay extra attention to during the evaluation?

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Mondelez Joins P&G, Colgate-Palmolive to Make Packaging Recyclable

Material Handling & Logistics

Mondelez International committed to making all of its packaging recyclable by 2025. By now most people are aware of that a lot of plastic is floating in our waterways. As far as back 2015 a study estimated that 8 million tons of plastics are swept into waterways annually — equivalent to a garbage truckload every minute. In the marine environment, plastics break down into indigestible particles that marine life mistake for food.

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Supplier Assessment: Watch Out For These 7 Key Areas

Insights Solutions Global

Supplier assessment could be quite costly, and it requires you to have the right resources to get the positive results, i.e. drive your supplier's performance. So what areas you should pay extra attention to during the evaluation? The post Supplier Assessment: Watch Out For These 7 Key Areas appeared first on Insight Solutions Global.

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WEBINAR: Digitize and Simplify Direct Material Sourcing with SAP Ariba

Bristlecone

In this webinar, we share: How to leverage the SAP Ariba capabilities for direct materials on a single, modular platform. Innovations SAP Ariba offers in the context of direct materials sourcing. Considerations for enterprises evaluating SAP Ariba direct materials sourcing for their companies and. Most common mistakes to avoid while implementing SAP Ariba direct materials sourcing.

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