Supply Chain Management (SCM) is a systematic and controlled procurement operation. These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. SCM performance directly impacts an organization’s general performance. SupplyPike has created a suite of supply chain software solutions for all your SCM needs. MORE

If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM. TMS solutions recently evolved to not only solve complex transportation problems for large shippers, but to also better meet the needs of the SMB market. MORE

Blockchain has the potential to turn the tables, helping organizations streamline supply chain management (SCM), bolster cybersecurity across each touchpoint, maximize customer value and maintain a competitive edge.”[1]. Managing inventory. Managing freight transportation. In the past, articles about blockchain (aka distributed ledger) technology primarily focused on cryptocurrencies, like Bitcoin. MORE

Another example from fulfillment might involve things like faster alternate transportation route planning in case of the unexpected, or monitoring cargo temperature for shipments of perishable food or medicines. Central certification for SCM— while many universities and college programs teach supply chain, there’s no central governing body that manages accreditations. January 1st not only the start of a new year, but a new decade. MORE

Hyperloop is a theoretical transportation technology, a long-awaited “fifth avenue” of transportation that uses vacuum tubes and linear induction motors to shuttle pressurized air capsules along a track, using a lack of friction to achieve speeds as high as 700 mph (approx. The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021. MORE

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement. Work with your broker to see if you can get priority on unloading the ship and inland transport. Are you scm experts and have something to contribute? MORE

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” Joseph Giranda @cfrrinkens Joseph Giranda is the Director of Commercial Relations at CFR Rinkens , a global leader in the shipping of commercial cargo, specializing in the containerized shipping of motor vehicles. MORE

Application of AR in SCM. Supply chain management (SCM) involves the flow, storage, and delivery of goods, services and inventory for consumers. Issues such as continuity planning, cost control, risk management, and supplier/partner relationship management impact SCM. Transportation Optimization - Logistics technologies have evolved to become more efficient and secure in delivery. It will enable better worker engagement and enhance the sustainability of SCM MORE

What do you get when you combine an electric van with a fully automated cargo space, drones, joystick control, and cloud-based algorithms to control order picking, the loading of packages, the automated cargo space, and route planning for the vehicle and delivery drones? The intelligent cargo space management system automatically transfers packages for manual delivery to the deliverer at the delivery destination by means of a package dispenser on board the vehicle. MORE

Surrett explains, “When shipping documents misreport significant attributes of cargo, the resulting inaccurate or false billing can prompt additional carrier charges. Hindering the process of a ‘perfect order,’ this violation impacts transportation arrangements as well. Inventories tend to sit on the books, working capital suffers, and companies are left with difficulties in moving product.” Insisting on Minimum Inventories in Order to Make Sales. MORE

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why MORE

Application of AR in SCM. Supply chain management involves the flow, storage, and delivery of goods, services and inventory for consumers. Issues such as continuity planning, cost control, risk management, and supplier/partner relationship management impact SCM. Transportation Optimization - Logistics technologies have evolved to become more efficient and secure in delivery. It will enable better worker engagement and enhance the sustainability of SCM MORE

They’ll of course see the transport trucks rolling down the road as they pass by, knowing their trailers are full of cargo, but they’ll never bother to think about how that order is triggered, the decisions involved with how much quantity to order, or the complexities (such as expiry dates) of getting that order to their local store. At a high level, I am nothing more than an item moving from one destination to another through various modes of transportation (car and plane). MORE

By knowing what to expect, they can decrease the number of total vehicles needed for transport and direct them to the locations where the demand is expected, which leads to significantly lower operational costs. Robots are locating, tracking, and moving inventory inside warehouses, they are conveying and sorting oversized packages at ground distribution hubs. SCM #SupplyChain #technology #logistics #freight #AI #artificialintelligence. Subscribe Here! Email Address. MORE