Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. Data that is brought in will lead to knowledge.

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The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. While some imagination will still be required on this journey, most of the hard work has been done in the writing of this article, so you can shut down the imagination overdrive and cruise through this rundown of technology’s impact on warehouses and distribution centers.

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How Can Manufacturers Manage Disruption and Improve Productivity?

Halo

By using advanced analytics for manufacturing, to understand the valuable information concealed within data they already have! Most manufacturers have already made the easiest and most obvious changes to improve their operations, leveraging traditional methods to boost their own productivity and simultaneously create a more dependable supply chain. Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Roberto Crippa: “If you try to manage new business with old rules you fail”

Supply Chain Movement

Until June of this year, Tecniplast, an Italian manufacturer of laboratory equipment and specialised plastics, did not have a formal supply chain. The business and the mind-set of the company had already moved from one that used to sell products to one that manufactures and delivers complex solutions. One is the customised manufacturing of high quality design plastic objects such as tables and chairs. If you try to manage the new business with the old rules you fail.

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What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. Inventory visibility ensures that your capital is not sitting on warehouse shelves instead of being used in your operations.

50 expert tips on supply chain management

6 River Systems

“In the past, most disruptions were limited to a single supply chain,” explains Dr. Asoo Vakharia, McClatchy Professor and Director of the Supply Chain Management Center at the Warrington College of Business. As many states have started the process of reopening their economies, supply chain managers are faced with rethinking their supply chain networks. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4.

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. There, “You're talking about … 20 to 25 warehouses,” across the country to give that same day coverage.

How Blockchain in the Supply Chain will Empower Supply Chain Management

Shipchain

Think from manufacturing to consumer, and every single step in between. Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer. Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors. This helps managers make proactive decisions and share data with other blockchain users.

5 Quick Solutions for Simplifying Supply Chains

Unleashed

With the rapid rise in our ability to collect information, data saturation is everywhere. Sure, data is king when it comes to helping forecast future demand and inventory stock needs but the ability to collect data is not always supported by the ability to filter and manage that data correctly. Any data collected and held needs to be relevant to the business. Business Tips inventory management supplier relationship suppliers supply chain

Practical ways to measure productivity – and improve it

Unleashed

In this article we’ll first look at practical ways to measure productivity in the workplace, and then at some of the practical metrics and KPIs that help business owners and managers lift productivity. To keep things simple we’ll be looking mostly at manufacturing productivity.

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Top 15 Logistics Blog Posts of 2014

Cerasis

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. Any process or management after the sale of the product involves reverse logistics.

ERP and MES: The Relationship Explained

OptiProERP

Manufacturers are becoming more competitive day-by-day. From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Manufacturing Execution Systems (MES) is an extensive software that controls complex manufacturing operations and data on the shop-floor. MES is a vital element of Manufacturing ERP.

Top Talking Logistics Posts & Episodes (Q1 2016)

Talking Logistics

Chipotle: The Latest Example of Why Supply Chain Risk Management Matters. Why Use Augmented Reality in Your Warehouse or DC? The Impact of SOLAS on Ocean Shipping and Data Management. Sports Authority: Another Not-So-Great Moment in Supplier Relationship Management. It Isn’t That Simple: Managing the Complexities of Parcel Shipping (2,981 views). The Omni-channel Effect on Manufacturers: Strategies for Success (2,689 views).

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

In short, the increased threat of terrorism underscores the importance of taking a smarter approach to supply chain risk management , which was one of my predictions for 2014. So, with darts in hand, here are my supply chain and logistics predictions for 2016: The Transportation Management System (TMS) market will become more barbell-shaped as Software-as-a-Self-Service solutions emerge. Guess Who Announced New Transportation Management Software (TMS) Functionality Yesterday.

6 Reasons Why WMS is Ready for Cloud

Accelogix

Time Warner Cable also offers us very affordable pricing on high bandwidth cable-based data services. If all your users simply connect to a web server, you may not even need the more expensive enterprise Fiber services for the majority of your data needs. The management costs and risks of having a different server in every facility are untenable. Data may actually be more secure in the Cloud than in your office.

Robust and continuously updated Master Data: A key ingredient for successful supply chain digital transformation

o9 Solutions

The most common answer to that question is “data”. In Gartner’s “ Future of Supply Chain, Reshaping the Profession ” report, one of the key roadblocks to embarking on a digital transformation is the access to reliable and good data. While we acknowledge that master data is often inaccurate, or might not exist, there is immense value in taking a fresh approach to solving the problem. First and foremost, nearly all organizations are data rich, but lack insights.

Collaboration and Visibility in the Supply Chain

Oracle SCM

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. This was a relatively heavy investment in time and resources when we had our startup due largely to the investment in data gathering and integration. See Oracle’s PaaS for SaaS data integration cloud for more information. Tom McDonough , Sr.

Mapping the Next Milestones in the Supply Chain

Oracle SCM

Some parts of the supply chain are inherently more Cloud-friendly than others; for example, those areas that are more used to sharing supply chain data with external organizations. In areas where businesses have traditionally outsourced operations, such as transportation, we’re seeing rapid and widespread Cloud adoption; whereas for functions such as warehousing and product lifecycle management, the Cloud is only just beginning to penetrate.

Good Times Can Be Dangerous to Supply Chain Operations

Logility

A consequence of long periods of economic growth, like the one we just had from June 2009 until March 2020, is that many members of the supply chain team have only experienced managing a supply chain during growth. Supply chains face different challenges in growth versus recessive economies and must be managed to different company goals and objectives and different customer expectations. Inventory Management: During growth it seems you can never have enough inventory.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Source ) Even though Warehouse Management System (WMS) has been playing a crucial part in supply chain management, the emergence of autonomous mobile robots in optimizing picking process has become increasingly competitive. Source ) Furthermore, the AI technology can store data, analyze the patterns and predict future operation scenario.

This Week in Logistics News (September 16-20, 2013)

Talking Logistics

Kewill and CarrierWeb Penetrate China Transportation Market with Mobility and Data Management Solutions. First, Amber Road announced that it has acquired EasyCargo, “a cloud-based solutions company with a specific focus on a subset of global trade management called China Trade Management, or CTM.” Meanwhile, Kewill and CarrierWeb announced that they are collaborating to develop the Transportation Management System (TMS) market in China.

Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

– Choose technology that supports operating with actionable data instead of making decisions based on questionable, public information. – Contradictory streams of conflicting industry media market perspectives is no way to plan for actual supply logistics. First, accept that it is nearly impossible to rely on trends data derived in industry media outlets for any kind of effective transportation planning. A manufacturing slowdown?

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. AMRs operate for warehouse tasks, including inventory replenishment, cycle counting, and item verification. Source) The emergence of autonomous mobile robots in optimizing picking process has placed a question for many Logistics managers about the competition between AMR and Warehouse Management System (WMS).

Digital Transformation in Trade Promotion: What Must Change?

Supply Chain Insights

Our survey on Revenue and Trade Promotion Management is closing soon; and we will have some pretty strong research to pass along on this topic; but you and I both know it is going to tell us that nearly half of the trade promotions continue to produce less than planned ROI. Predicting the success of trade promotion is what this rush to promotion optimization is all about; but, it’s more about the quality and quantity of the data.

Supply chain software demands continual attention

Supply Chain Movement

The ‘systems of differentiation’ comprise solutions which give companies a competitive edge in their markets, such as forecasting, planning or advanced warehouse management. The food and drinks manufacturer and owner of brands including Lay’s, Duyvis and Quaker has been using that ERP system since 1 November 2013. SAP has helped to harmonise the master data and processes in six factories and ten countries. The master data is now managed centrally, for example.

21st Century Health Care Value Chain Improvement Opportunities

Vecco International

Health Value Chain participants (Medical materials and device manufacturers, traditional and biologic drug producers, their distributors and the healthcare systems that use them), struggle with opaque and inefficient value chains. In bound supply information is commonly blocked beyond the immediate supplier or distributor’s inventory data because of heterogeneous IT systems. Viable solutions will use all existing data warehouses, EDI exchanges, etc.

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Imagining the Supply Chain of the Future!

Supply Chain Game Changer

The back bone of all of it is Digital Technology: The Internet of Things (IoT) End to End Digital Connectivity Cloud Computing Blockchain Big Data Artificial Intelligence Predictive Analytics Machine Learning Virtual Reality Augmented Reality Voice Activated Technology Wearable Devices Robotics 3D Printing and On Demand, Additive Manufacturing Cyber Security Autonomous Vehicles Drones Software as a Service (SaaS) and much more. The same applies to data. Subscribe Here!

Understanding Big Data Beyond Its Size

Enterra Insights

When people hear or read the term “big data,” they initially think two things: It’s data and it’s big. The volume of data being created is unprecedented and will only increase. The Internet of Things (IoT) is going to generate a massive amount of data, especially with the arrival of 5G technology. Big data is so enormous that the term “big” seems anachronistic. How much data will it generate? ethical big data).

How Inventory Management Has Evolved Over Time

Unleashed

When it comes to inventory management, there has been a significant shift in the way warehouses operate today and the future holds even greater changes. It is certainly an exciting time for inventory management as the evolution is rapidly changing. Manual inventory management. In most warehouses, the days of pens, paper and spreadsheets are coming to a close. Manual data entry is arduous and subject to human error.

Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Cloud & Big Data. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. About Us. Contact Us.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

Wherever you are involved in the supply chain ecosystem; as a manufacturing, retailer, logistics or tech solution provider, we can now house a far greater library of content than has previously been possible. In this light, words such as supply chain risk management, sustainability, collaboration, resilience, agility and visibility have been used consistently over recent times – and now more than ever.

Supply Chain Management:SAP acquired Ariba, what does it mean.

Infosys Supply Chain Management

Industrial Manufacturing. Management Consulting. Application Management. Infrastructure Management. Cloud & Big Data. Talent Management. BigDataEdge – Insights Management. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. Supply Chain Management. Supply Chain Management. About Us. Contact Us.

Top 10 Talking Logistics Videos and Posts in 2016

Talking Logistics

a Global Logistics Manager at a specialty chemicals company after he discovered the podcast version of our episodes: Wow, this podcast is fantastic and it hits on everything I have been looking for. Three Disruptors of Retail Workforce Management: Omni-Channel, Labor Laws, and Millennials. It Isn’t That Simple: Managing the Complexities of Parcel Shipping. The Omni-channel Effect on Manufacturers: Strategies for Success.

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

The data is logically expressed in rows and columns. To connect data from system to system, the data is moved and integrated. As a result, everywhere you go, users and teams complain about the inadequacies of transaction master data and the problems of data integration. I have never heard Google struggle with a master data issue. It makes searching large data sets fast. Instead, the program processes the data where it resides.