Talking Logistics

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses.

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Unlearning Supply Chain Management

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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.

Mitigating the Effect of Natural Disasters on Your Supply Chain

Talking Logistics

It has certainly been evident this year that natural disasters can significantly disrupt the supply chain. And when recent hurricanes, earthquakes and wildfires began wreaking havoc, many shippers were left asking themselves: “How have recent natural disasters affected our transportation network?”

The Value of Supply Chain Planning in Process Manufacturing

Supply Chain Planning (SCP) is enormously important to those process manufacturers that aspire to differentiated performance -- not just large enterprise businesses but companies of all sizes.

Your Supply Chain Strategy is Your Business Plan (Unless It’s Not)

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Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage.

Supply Chain Risk Management: Visibility is the Key

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I like to say that supply chain management is synonymous with risk management, and the risks are growing every day, everything from natural disasters to cyberattacks. Unfortunately, many companies are falling short in managing these risks effectively. In what ways are they falling short? “I

Five Steps to Navigating Supply Chain Analytics Data Challenges

Talking Logistics

Having been in the game of supply chain analytics for so long, we’ve noticed that data is the single biggest challenge our customers and consultants encounter.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

Defining Your Own Logistics Competitive Weapon

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For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. As a result, cutting and controlling costs became the top priority for supply chain executives.

Before You Hire a Logistics Data Scientist

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The digital transformation of supply chains — it’s a phrase you hear a lot these days, but what is different today compared to the late 1990s and early 2000s when the internet, Web, and dotcoms triggered their own business transformations?

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How Advancements in Technology are Facilitating Supply Chain Visibility

Talking Logistics

While in some ways obtaining supply chain visibility has gotten more difficult over the years, due to globalization, outsourcing, product proliferation, and other factors, in other ways it has gotten easier thanks to advancements in technology.

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

Talking Logistics

Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved. A smart company pays attention to the way their supply chain operates, and that means working with a proactive design over a reactive one.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. And business relationships did not become more Vested this year — if anything, they reverted back to being “win-lose” arrangements (see Walmart’s Message to Suppliers: Talk to the Hand and The High Cost of Poor Supplier Relationships ). But some of my other predictions did hit the mark or came close.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.

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

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My daughter and I are heading on a road trip this afternoon to visit a couple of universities. 13 hours of total driving time over two days. All to determine where I will send my future paychecks and life savings to. Sigh*.

The “5 Whys” Technique: Questions for Supply Chain Executives to Ask

Talking Logistics

When I worked at Motorola, we regularly used the “5 Whys” technique to help us uncover the root causes of problems.

The Evolution of the Direct-to-Consumer Supply Chain

Talking Logistics

No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supply chain in recent years. Once consumers were shown what was possible in the world of online retailing and home delivery, their behavior – and expectations – began to change. This shift forced retailers to change how they did business, worked with suppliers and served their customers.

The Whole is Greater Than Sum of Its Parts: Kewill and LeanLogistics Rebranded as BluJay Solutions

Talking Logistics

How should we (re)organize ourselves to best harvest the value of ‘network effects’ to measurably boost the quality, opportunity, and ‘user experiences’ of our offerings?

The Modern Supply Chain: Present and Future

The external manufacturing environment is a highly dynamic, ever-changing landscape. The supply chain must both anticipate and adapt to that change.

Supply Chain and Logistics Conferences to Attend in 2016

Talking Logistics

Take a look at your budget for 2016, which is probably finalized by now. Does it contain a line item for supply chain talent and leadership development? Is the dollar amount allocated enough?

3 Steps to Achieving Predictive Logistics

Talking Logistics

A reporter recently asked me how, in my view, the shipping industry would make money in the coming years. The question caused me to reflect on how this might have been answered just ten or five years ago versus today. In the past, growth came from scale: mega-ships, port infrastructure, and buffer.

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

Happy New Year! I hope you all had a fun and relaxing holiday. If you’re like me, today is about easing back into the work routine — like a runner stepping to the starting line and making sure his shoelaces are tied one last time before the race begins.

Using Intelligence Over Scale: The Power of AI and Machine Learning in Supply Chain and Logistics

Talking Logistics

Artificial Intelligence. Machine Learning. Predictive Logistics. These topics are getting a lot of attention today, but they’re also generating a lot of questions from supply chain and logistics executives. What are these technologies? How can they help? What’s real and what’s hype today? What should I do to get started? Those are some of the questions I discussed with Adam Compain, CEO at ClearMetal , in a recent episode of Talking Logistics.

Balancing Priorities in the Supply Chain: How Data Discovery Reveals Unseen Associations and Opportunities

Leading companies are constantly managing competing supply chain priorities.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end.

The Mind-Boggling Complexities of Food Distribution (Why Optimization is Critical)

Talking Logistics

Over the past few weeks, there’s been a lot of buzz and discussion about Amazon’s acquisition of Whole Foods, everything from the impact to competing grocery retailers and prices to the accelerated evolution of omni-channel distribution.

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Supply Chain and Logistics Conferences to Attend in 2017

Talking Logistics

Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the coming year. Most of the conferences on our list are in the U.S., although some are in Europe, South America, and Asia.

Collaborative Supply Chain Innovation: Bringing Solutions to Market Faster

Talking Logistics

In supply chain and logistics, there’s always a new problem to solve or a new opportunity to go after, which often involves some form of innovation — whether it’s a process innovation, a technology innovation, or both.

The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.

Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

As supply chains extend globally, they become more complex. The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers.

Bridging the Gap Between Supply Chain Design and Planning

Talking Logistics

From demand shifts and evolving customer preferences, to new product introductions and sales strategies, volatility creates a continuously moving target for supply chain managers.

Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for Supply Chain and Logistics Executives.” The same resolutions still apply today, so I encourage you to re-read the post in case you forgot them or ignored the advice the first time around. Today, I’m adding to the list of resolutions, but instead of focusing on things you should do this year, I’m focusing on 4 things you should stop doing in 2017. Stop viewing technology as a silver bullet.

Talent and Leadership Development: Competitive Differentiators for 3PLs

Talking Logistics

Earlier this year at the JDA FOCUS 2015 conference , I led a panel discussion on the third-party logistics (3PL) industry that featured Rick Jordon , SVP Regional Head of Logistics – Americas at Panalpina , and other 3PL executives. I caught up with Rick again on a recent episode of Talking Logistics , where we discussed a variety of topics related to the 3PL industry.

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Machine Learning: A Quantum Leap in Forecast Accuracy for the Modern Supply Chain

Whether you realize it or not, Machine Learning is having a profound impact on your everyday life.

A Recipe for Success: Best Practices for Supply Chain Integration

Talking Logistics

No two supply chain integrations are ever the same. But after many years of onboarding new customers, I have learned that there are three basic components to most integrations. And I like to think of it in cooking terms.

Bucking the 80/20 Trend: 4 Key Benefits of Adopting a Digital Yard

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Also known as “the 80/20 rule,” the Pareto Principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M.

5 Ways a TMS Can Help You “Go Green”

Talking Logistics

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment.

Design Your Business to Thrive: Four Components of a Smart Supply Chain Modeling Platform

Talking Logistics

There are hundreds or thousands of “what-if” questions for businesses to answer in order to build a sustainable, efficient, responsive supply chain. The data required to answer them is in numerous software applications and can take months to gather and cleanse.

Digitizing the Extended Supply Chain: How to Survive and Thrive

The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration.