Is Your Supply Chain Weatherproof?

Logistics Viewpoints

I learned this first-hand last week after record snowfall in the Boston area. Inventory Management Supply Chain Network Design Transportation Individuals living in the higher latitudes will tell you that ice dams on your roof are an omen of bad things to come.

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Contents Supply Chain Movement 20 – 2016 Q1.

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This Week in Logistics News (April 11-15, 2016)

Talking Logistics

Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area. February 2016 Freight Transportation Services Index (TSI). the Freight Transportation Services Index (TSI) fell 0.7

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. Kearney, Boston Consulting Group, Cap Gemini, Deloitte, E&Y, IBM, and McKinsey, they get more of the same.

Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Leverage Inventory More Effectively.

6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options. Sri is responsible for the global strategy, volumes and revenue for the ocean transportation. Robinson ocean transportation Panama Canal Safety of Life at Sea SOLAS

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5 Key Trends Driving Supply Chain Innovation

Talking Logistics

2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. We have suppliers that provide the inventory to select warehouses and these warehouses supply customers at the appropriate time and place. Will they share inventory?

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

Cerasis

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. In this all new e-book, shippers will take away an understanding of inbound freight management to reduce costs, increase control, and gain more visibility into the front end of the supply chain function of transportation. How Big Is the Problem Of Inbound Freight Management?

The Efficient Frontier Awaits

Logility

I am going to use the “efficient frontier” concept in inventory optimization as an example. There is a natural trade-off between service level and inventory cost. A full Multi-Echelon Inventory Optimization (MEIO) initiative can do this.

What to Do Now Before the Panama Canal Expands

CH Robinson Transportfolio

First, more inventory would be in transit at any given time. And second, to avoid running out of in-demand products, the shipper would have to stock more inventory as a buffer for unpredictable demand during those 11 days. The Panama Canal expands in 2016. What will it mean for U.S.

10 Ways IoT Can Improve Supply Chains

IQMS

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Why Companies Need a Supplier Relationship Management Strategy

Cerasis

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. The transportation of lithium batteries is dangerous, as they overheat, which can cause significant damage.

How IoT Improves Consumer Packaged Goods Value Chain

Savi

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Transportation and freight costs are reduced. Excessive time-to-market delays due to overseas transportation issues are eliminated.

Supply Chain at Your Fingertips

Logility

Sean Willems delivered a master class on why optimized inventory policies are crucial to profit-enhancing segmentation strategies that achieve differentiated service levels and maximum return on investment. Cloud. Mobile. On Demand. Analytics Everywhere.

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6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. Freight Services Global Transportation Logistics Supply Chain Supply Chain Consulting

The end of just-in-time?

EFT

Toyoda cut down on excess inventory, with components and spares only ordered when needed and kept in low numbers within the factories. Keep upstream suppliers on short notice to produce inventory as needed and watch the profits grow.

Logistics, Data, and Cognitive Computing

Enterra Insights

Boston Consulting Group (BCG) analysts assert, “Logistics networks have never been more complex. It tracks not only transportation and handling but also warehousing and inventory working-capital costs, specifically by end customer. The incomplete view that most companies have of their transportation costs is the result of a siloed organization structure that has each part of the business focusing on a single aspect of logistics.”

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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. Groundbreaking approaches to logistics management are being developed in urban centers around the world.

Seeing the Future with Predictive Analytics

Enterra Insights

Looming risks like wars, environmental and labor regulations, natural disasters and transportation challenges are placing many retail supply chains and retail profit centers at the mercy of the unforeseen.”[1] 4] He explains, “Twenty years ago, Boston Consulting Group’s Harold Sirkin warned that competition is no longer ‘company versus company but supply chain versus supply chain,’ signaling a new era of supply chain relevance. Inventory optimization.

How to Learn About Supply Chain Research From Around the World in a Few Hours

Supply Chain @ MIT

These are: the MIT Center for Transportation & Logistics (Cambridge, USA), the Zaragoza Logistics Center (Zaragoza, Spain), the Center for Latin-American Logistics Innovation (Bogotá, Colombia), and the Malaysia Institute for Supply Chain Innovation (Shah Alam, Malaysia). World view.

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. Groundbreaking approaches to logistics management are being developed in urban centers around the world.

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize.

50 expert tips on supply chain management

6 River Systems

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Drugmakers Face Puerto Rico Factory Challenges with Shattered Infrastructure

Material Handling & Logistics

None of the companies with operations on the island have said they expect shortages as a result of Maria, having stocked up inventories ahead of the storm, though industry watchers are concerned that bottlenecks could develop as Maria’s effects linger. “It Boston Scientific Inc.,

29 warehouse & automation experts share insights on how warehouse robots will impact industry employment

6 River Systems

It also allows existing employees to spend less time lugging boxes or finding inventory and more time doing the more complex parts of their job that are difficult to automate. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Next-Gen Supply Chain Management

Talking Logistics

But, if we are to truly transform supply chain management, we do need the ability to envision, design, and blueprint a solution for operationalizing e-2-e transportation management, if not for the entire supply chain. Transportation now accounts for about 63% of total supply chain cost, so it is vital to get right. First, being able to manage inventory much more efficiently because it all can be seen, down to the individual SKU-level.

The Future Is Now for Logistics

Material Handling & Logistics

Whether the cause is e-commerce growth, the tight labor market, or changing distribution models, inventories and carrying costs are rising. To move goods closer to end customers, companies are adding safety stocks, expanding overflow capacity and increasing inventories.

This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). Celect uses comparisons between products derived from transactional, inventory, and online browse data to model choice.

This Week in Logistics News (May 16-20, 2016)

Talking Logistics

I’m at Heathrow airport waiting to board my flight back to Boston, which is delayed by over an hour so far. Manhattan Associates: New Inventory and Fulfillment Capabilities Give Store Associates More Time to Deliver a Fulfilling Experience.