announced today a definitive agreement to be acquired by private equity firm Insight Venture Partners. Supply Chain B2B business network platform provider E2open, Inc. According to the announcement, the transaction is valued at $273 million, approximately three times current E2open revenues in its current fiscal year. E2open is a current Sustaining sponsor of this blog. MORE

To set the foundation for this discussion, let us first look at the definition of order lead time. Demand Planning Segmentation demand segmentation analysis demand segmentation definition in os demand segmentation operating system demand segmentation wiki lead time demand example lead time demand formulaOrder lead time is the time gap between the date when a customer places an order and when they expect to receive the product. MORE

I remember as a new professional in Logistics , I was taught an academic definition; Logistics means the right goods, reaching the right people at the right time. Well, as I look back at this definition as it stood then, it seemed fairly accurate. However with the changes in the industry and evolution of IT around Logistics, the definition has undergone change. So what is the new definition of Logistics? The post New Definition of Logistics? MORE

Uncategorized best sentiment analysis tools brand sentiment definition free brand sentiment tools social media sentiment analysis case study social media sentiment analysis tools social media sentiment analysis tools free social sentiment definition what is brand sentiment MORE

The post Home Depot Grows Revenues by Investing in Time Definite Deliveries appeared first on Logistics Viewpoints. Most companies invest in transportation management solutions to cut costs. Home Depot has proven that investing in this can improve service and grow revenues. This article describes the path they took to put this business case together. Retail Transportation Management Systems Home Depot logistics supply chain TMS MORE

Forecasting demand forecasting demand forecasting definition demand forecasting method Demand forecasting techniques what is demand forecasting“It is said that the present is pregnant with the future” – Voltaire Forecasting, therefore, is an attempt to deduce the future from the present. It is both, art and science. We will explore the practice of forecasting demand in the short to medium term. MORE

More definite reports indicate Foxconn will make a $7 billion U.S. investment decision in July. Make no mistake that this is a very big deal for high-tech and consumer electronics supply chains, specifically Apple’s supply chain. High Tech and Consumer Electronics Supply Chain Procurement and Sourcing Product Lifecycle Management Supply Chain Strategy Apple iPhone supply chain Apple supply chain Foxconn manufacturing strategies Supply chain Matters blog MORE

Forecasting 4 basic types of forecasting business forecasting methods forecasting examples forecasting methods pdf quantitative forecasting methods statistical forecasting definition techniques of forecasting in management time series forecasting methodsHere are some guidelines on selecting the right statistical forecasting methods for your business. Which Statistical Forecasting Methods Should I Use? was first posted on April 26, 2018 at 8:35 am. ©2017 MORE

Definitions Emerging Trends Environment Freight & Transportation Information Technology Matrix Commerce New Ideas Retail Retail E-Commerce Third Party LogisticsSure that all of you have heard of, and are at least somewhat familiar with, Augmented Reality (AR). MORE

Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. As I read, the article, I thought it would be helpful to publish a definition or overview of the 7 warehouse service offerings described in the article. “If you can’t explain it simply, you don’t understand it well enough” – Albert Einstein. There are 7 main types of warehouse services offerings. MORE

Transportation air cargo definition driver leasing inbound logistics Joe Lynch LTL definition ocean transportation definition The Logistics of Logistics transportation service offering truck driver leasing truckload definition There are 11 transportation service offerings. Last summer, Inbound Logistics published a list of different 3PLs and their services. MORE

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. MORE

Supply Chain supply chain optimization algorithms supply chain optimization definition supply chain optimization model supply chain optimization problems supply chain optimization softwareNaturally, supply chain optimization in supply planning can feel counterintuitive. Here’s why you should combat that feeling to create the best plan possible. Supply Chain Optimization in Supply Planning: How to Develop a New Way of Thinking was first posted on October 20, 2017 at 7:45 am. ©2017 MORE

Theory-building empirical research needs formal conceptual definitions. Particularly, such definitions are necessary conditions for construct validity. But what is a “good” formal conceptual definition? ” (3) “Definitions should include only unambiguous and clear terms.” ” (4) “Definitions should have as few as possible terms in the conceptual definition to avoid violating the parsimony virtue of ‘good’ theory.” MORE

Prescriptive or Predictive Analytics Supply Chain Business Intelligence Supply Chain Technology Supply chain wide visibility definitions of supply chain wide visibility extended supply chain visibility market education series addressing supply chain wide visibility Supply chain Matters blog Supply Chain Matters market education series Supply Chain Operations Reference model supply chain wide visibility supply chain wide visibility technology support MORE

There is no common definition of cognitive computing and there are many variants. ” (AI lacks a common definition. Ask each technology provider for a definition. Here I give the reader some insights into the definitions that I use in my writing. Definitions. MORE

Supply Chain demand planning software supply chain execution software supply chain management solutions supply chain optimization software supply chain planning software comparison supply chain planning software definition supply chain planning software gartner Supply Chain SoftwareIn a recent study, Gartner estimates that 50% of Supply Chain Planning Solutions are not fully utilized1. MORE

Cash Supply Chain Definitions Education Emerging Trends Freight & Transportation Information Technology Inventory New Ideas News & Info Professional Communications Security Supply Chain Management Supply Chain RiskGuest post from Ned Blinick of 3rdwave. MORE

Inventory Inventory Management Memoirs of a Black Belt finished goods examples finished goods inventory definition finished goods inventory example finished goods inventory management finished goods planning types of inventory managementI mean who suffers directly when finished product inventory runs amuck by level, mix, or availability? Well, we all do, don’t we? After all, if we made it and can’t sell it, what have we done? Or, what if we promised it to customers but haven’t made it? MORE

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Associations Conferences Definitions Emerging Trends Environment Freight & Transportation Information Technology Materials Handling & Distribution New Ideas Retail Retail E-CommerceReally enjoyed my time at this year’s RILA Supply Chain conference and as I highlighted in my pre-conference blogpost several transformative technologies are all now moving into their early implementation phases at the same time. MORE

Associations Conferences Definitions Education Emerging Trends Information Technology Matrix Commerce New Ideas News & Info Professional Communications Retail Retail E-Commerce Supply Chain Management Support Services & Industry Initiatives Talent Supply Chain The SCM Company MORE

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What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. MORE

The answers made me realize I actually don’t know any widely acknowledged definition for IBP. As far as I know there is no agreed standard definition. Because when there is no agreed definition or standard, there are no clear rules. Shortcomings in existing IBP definitions. MORE

Recommendations for Creating Better Concept Definitions in the Organizational, Behavioral, and Social Sciences. I believe we all have already experienced this: The same concept can sometimes be defined in very different ways by different authors. Conceptual clarity would certainly be great, but how can we achieve it? Think, for example, about concepts such as trust, integration or dependence. So, what do we really mean when we are talking about them? MORE

Cash Supply Chain Definitions Education Emerging Trends Matrix Commerce New Ideas Retail Retail E-CommerceWhy do companies invest in logistics? MORE

Today, I present Mentzer et al.’s ’s (2001) must-read article, Defining Supply Chain Management. MORE

Supply Chain Talk excel what if analysis scenario manager goal seeking analysis what if analysis data table what if analysis definition what if analysis examples what if analysis excel 2013 what if analysis excel goal seek what if analysis goal seek MORE

There are a lot of different definitions for lean, but my favorite is below. Special Services 8 wastes 8 wastes in manufacturing eliminating wastes lean lean defined lean definition lean logistics lean manufacturing lean thinking Toyota Production System value added wastes Understanding lean and the 8 wastes is important for all operations people including logistics and supply chain folks. MORE

Uncategorized definitions of supply chain wide visibility enabling supply chain wide visibility Supply chain Matters blog Supply Chain Matters market education series supply chain wide visibility technology supportThis commentary represents the first of an ongoing Supply Chain Matters thought leadership and market education series directed at clarifying needs and requirements addressing supply chain wide visibility, which is being sponsored by LLamasoft. MORE

Whats your definition of supply chain? I stumbled over a question, which made me very curious: What is your two word definition of supply chain? What's your definition of supply chain? Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. MORE

Demand-driven Supply Chain (DDSC) is defined as a supply chain management method focused on building supply chains in response to demand signals. The main force of DDSC is that it is driven by customer demand. MORE

Memoirs of a Black Belt Safety Stock How to calculate safety stock and reorder point safety stock calculation apics safety stock calculation excel safety stock calculator safety stock calculator online safety stock definition safety stock formula derivation safety stock pptDo others challenge your safety stock selections? Are you in need of a safety stock process or policy? Want to take the drama out of your safety stocks? MORE

Definition: imperative(n) [im-per-uh-tiv] noun: a command, rule, duty, etc., Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ MORE

Holiday Supply Chain innovation in supply chain management supply chain innovation 2017 supply chain innovation definition supply chain innovation examples supply chain innovation pdf top 10 supply chain innovationsA holiday Christmas story and adaptation of Dr. Seuss’ “How the Grinch Stole Christmas!” Every Manufacturer Down in Manufacturingville liked innovation a lot… Except for the Grinch, who worked north of Manufacturingville The Grinch hated innovation! The whole innovation Season! MORE