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Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

What is an easy definition? There is no class of technologies, or common definition, for “control towers.” While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. We finished dinner.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”?

The 11 Transportation Service Offerings

The Logistics of Logistics

There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air transport ais a vital part of international commerce.

The 7 Warehouse Service Offerings

The Logistics of Logistics

Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. 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. Access to transportation infrastructure is also a key consideration.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents.

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%. The connecting element is the availability of transport details and accurate data.

Achieving the Integrated Global Supply Chain

Supply Chain Network

Recognize that underpinning the transaction (physical and financial) activity in the global supply chain is information. Eliminating the transactional friction is achieved through shared information among all related parties. Guest post from Ned Blinick of 3rdwave.

Six Ways You Can Benefit Now From ‘Augmented Fulfillment’

Supply Chain Network

Capture Delivery Savings Utilizing Local to Local Delivery Options – Shifting inventory closer to customers and shipping from stores means traditional courier hub and spoke models are becoming less efficient as they add time and cost to delivery.

What Should an LTL Transportation Management System Do for Me as a Shipper?

Cerasis

Rather than looking at it with only two options, shippers need a third solution; they need to take advantage of an LTL transportation management system (TMS), focusing on how leveraging today’s systems, like the Cerasis Rater , can maintain profitability and drive expenses down. What Modules Should an LTL Transportation Management System Offer? If you have an existing system, your new LTL Transportation Management System must have integration capabilities. “Unsustainable.”.

Understanding Lean and the 8 Wastes

The Logistics of Logistics

There are a lot of different definitions for lean, but my favorite is below. Producing earlier or more than is needed generates other wastes, such as overstaffing, storage, and transportation costs because of excess inventory. Inventory can be physical inventory or a queue of information. Transportation or Conveyance. Excess Inventory.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

The chemical industry is the first to feel a recession, and the early travel freezes is a definite caution flag. The term end-to-end planning (E2E) is frequently used—bandied about like popcorn at a movie theatre–but, lacks a common definition. Current Levels of Inventory.

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

Definitions provided by certification.info. Check out another great KPI definition at About.com. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Shippers might use the following logistics KPIs: transportation cost per unit sold, total logistics cost as a percentage of sales, on time delivery, cost per pound, etc. I am the GM of a 3PL that specializes in ground transportation (LTL, FT, small package, etc.)

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What is the FMSCA’s Unified Registration System (URS) And What is the Impact on Transportation & Logistics Management?

Cerasis

Effective transportation management can be a hassle. Transportation managers must keep up with the ship dates of inventory, where inventory is currently located in the transportation process, what insurance information is being used and appropriated for each shipment, and many more factors.

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

” we look at 10 different definitions. While there are many choices, all of which have great elements, we will refer to this definition provided by [link]. ” This definition gives a great overview. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

“Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. ” That is the definition in a nutshell. Subscribe Here!

What Drives an Investment in a Warehouse Management System? 5 Considerations for Your Selection

Cerasis

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain.

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What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Distribution management is an overarching term that refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain and logistics.”

Supply Chain and Logistics Predictions for 2016

Talking Logistics

more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels?

7 Steps To Manage Your Chemical Inventory With Software

EMERGE App

If you’re dealing with chemicals in your business, you have an obligation to store and transport these chemicals safely. Here, we’ll cover how you can use off-the-shelf inventory management software to manage your chemical inventory. Introduction.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Machine learning algorithms are finding these new patterns in supply chain data daily, without needing manual intervention or the definition of taxonomy to guide the analysis. Journal Of Management Information Systems , 32 (4), 4-39.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. To help the reader, let’s start with definitions used in our research: Efficiency.

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It is a concept that sounds good, but due to lack of definition never goes anywhere.). It is 1:00 AM in Antwerp.

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. It is a concept that sounds good, but due to lack of definition never goes anywhere.). It is 1:00 AM in Antwerp.

SCM Technology Leaders JDA and RedPrairie to Merge

Supply Chain Network

RedPrairie and JDA Software [NASDAQ: JDAS], recognized leaders in enterprise software and services for the extended supply chain, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement. To learn more about how RedPrairie solutions can optimize your inventory, improve employee productivity or increase sales, visit RedPrairie.com or email info@redprairie.com. Additional Information about the Merger and Where to Find It.

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The Disintermediation of the Supply Chain!

Supply Chain Game Changer

It involves the planning, processes, resources and execution required to facilitate the movement of materials and information between various nodes from the lowest tier supplier through to the end customer and everyone in between. Subscribe Here! Email Address.

Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. A supply chain digital twin contains up-to-date information on capacities and transactions.

Demand Driven: Can We Sidestep Religious Arguments?

Supply Chain Shaman

Let’s face it, the definition of demand-driven is evolving. There is no single definition. The base definitions of the SCOR model are inside-out, and supply-centric. The Definition of the Supply Chain Long Tail. Demand-Driven Definitions. Definitions Matter.

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Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. Definitions Matter. Likewise, the Information Technology director wants an integrated solution. Definitions matter. Here are the links to the studies: Inventory Management.

IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. The acceleration in online connectivity and speed, combined with the explosion of information and unprecedented access to it, is reshaping globally interconnected commerce systems.” Costs, terms, lead times and available delivery format and timing information must be readily available and always up to date.

The Ultimate Guide to a 3PL Business

Cerasis

There are several definitions of 3PL. These types of services include distribution and transportation management, public warehousing, contract warehousing and freight consolidation. These include billing, training staff, audits,transportation, technology and warehouse space.

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TMS: The Mighty Software What Is TMS and How Does It Work?

GTG Technology Group

Transportation management system/software (TMS) is a system of management for supply chains to aid in the movement of goods. Definition. This information can range from changes in deliver time or place to a complete reroute from the original drop off point to a new location.

5 Best Logistics Books for Beginners

Supply Chain Opz

Logistics books listed here share the same characteristics, it provides basic information that is practical enough to read and understand. The Definitive Guide to Order Fulfillment and Customer Service You can't say that you are a logistics management professional if you don't understand the customers. Transportation: A Global Supply Chain Perspective Transportation is sometimes referred to as "Outbound Logistics".

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations.

Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry

Logility

Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet. Again a system-wide approach to inventory optimization is the way to go.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? Assuming these anticipated rate hikes occur, what impact will they have on inventory levels?

For Every Tom, Dick, and Harry

Supply Chain Shaman

I asked Tom to measure Forecast Value-Added (FVA) , and inform the organization on the progress of the planning group in forecasting. Each leader had a very different definition of S&OP. Seasonal demand, by definition is a push signal to a distribution center.