Tue.Aug 17, 2021

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Supply Chain Optimization for Consumer Packaged Goods Inventory

Logility

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. Manufacturers, distributors, retailers, and other companies that deal with household products, cosmetics and toiletries, office supplies, paints and accessories, and other consumer packaged goods need to understand the timing, quantity, location, and total costs of their goods as well as the supply chain agility and flexibility needed to de

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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from FourKites and examines ocean trends for 2021. 2020 was a tumultuous year for supply chains, and 2021 has certainly followed suit. With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactivel

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. However, this is somewhat of an oversimplification of what the modern, best in class procurement organizations do for the larger business or organization.

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How Forecastable is Your Data?

Arkieva

Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient. How Forecastable is Your Data?

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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The Role of Supplier Collaboration in ESG and Supply Chain Resilience

ivalua

The post The Role of Supplier Collaboration in ESG and Supply Chain Resilience appeared first on Ivalua.

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Ways to Avoid International Supply Chain Disruptions!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! International Supply Chain disruptions article and permission to publish here provided by Adam Smith. In today’s world, most commerce depends on an international supply chain one way or another. Whether it’s contracting the manufacture of goods or simply ordering parts from another country, few products are sold that are totally made in the USA.

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U.S. Factory Output Rose by Most in Four Months, Lifted by Autos

Supply Chain Brain

Production at U.S. factories strengthened in July by the most in four months, rebounding above pre-pandemic levels and indicating manufacturers are coping with snarled supply chains and shortages.

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15 Types of Manufacturing Software (+ Who Benefits from Each)

Unleashed

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages? What type of business is this software suited to?

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Is the Just-in-Time (JIT) Manufacturing Model Dead?

USC Consulting Group

Did the unprecedented supply chain disruptions caused by the pandemic kill the just-in-time (JIT) manufacturing model? We’d like to come out with a resounding “No!” to answer that question, but it definitely was a topic for discussion among many different types of manufacturers over the past 18 months. Here’s a bit of backstory on that, and why we feel Just-In-Time manufacturing will be more important than ever going forward.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Which supply chain and procurement skills will best equip us for the future?

Procurement Academy

For those of us working in the field of supply chain and procurement education, it’s an open secret. Namely, that some disciplines see little change over the years: a curriculum that was fit for purpose ten or fifteen years ago will still be very largely fit for purpose today. But the same is most emphatically not true of supply chain and procurement.

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2021 Has Felt Like One Big Peak Season: A Global Shipping Market Update

CH Robinson Transportfolio

For global freight shippers, managing disruption comes with the job. But the challenges of the last year have truly been out of the ordinary. Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers.

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How Contextual Mobility Can Boost Supply Chain Productivity

Supply Chain Brain

Incorporating contextualization into a company’s mobile technology strategy adds another vital layer of optimization, allowing employers to improve safety and compliance while reaping the benefits of mobile tech.

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An update on the polymer shortage

Resilinc

After unprecedented disruptions in the second half of 2020 and the first quarter of 2021, the turmoil in supply chains for polyethylene (PE), polypropylene (PP), mono-ethylene glycol (MEG), and other polymers has calmed somewhat. Still, supplies remain tight, and prices are at record highs—with further price hikes forecast. . Even though supply disruptions have eased from 1) the worst days of the pandemic lockdowns, 2) Hurricane Laura and 3) the Texas deep freeze, Resilinc’s EventWatch continue

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CADDi Receives 2023 Top Tech Startup Award by Food Logistics, Supply & Demand Chain Executive

The 2023 Top Tech Startup Awards by Food Logistics, Supply & Demand Chain Executive spotlights the top software and technology startups in the supply chain and logistics space.

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Supply Chain Risk Management brings Resilient SCs

Prophetic Technology

With disruptions impacting SCs more often, it will be difficult to recoup to a prior-disruption state, so the resilient Supply Chain (SC) definition will need to change. Somewhat, resilient SCs of the future should have the capacity to constantly transform into new contexts that facilitate them to function repeatedly under the new temporary conditions prevailing post-disruption.

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Aligning the rising warehouse demand with sustainable innovation

IT Supply Chain

By Alexander Baal (pictured). Director of Sales Operations, Jungheinrich UK. The post Aligning the rising warehouse demand with sustainable innovation appeared first on IT Supply Chain.

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Supply Chain Resilience Core Capacities

MIT Supply Chain

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. And we explained how these building blocks can be used to avoid or manage a limited number of predictable outcomes (failure modes).

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Future Healthcare Supply Chains

Logistics Bureau

Why are Healthcare Supply Chain different? Why are they are more complex? Will we see more rationalisation in the Healthcare sector? What about modular manufacturing? Lots of interesting perspectives once again from Prashant Yadav. Watch the video below: Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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o9 Invests in the Next Generation of Women In Stem

o9 Solutions

North American o9’ers hosted a virtual panel with Girls Inc, an organization that empowers and coaches young women through mentorship and programming. As part of the introductions the high school girls shared their goals, which included helping people, breaking into the STEM field, getting a job at NASA, and finishing college. From there, the o9 team dove in to share their personal stories to help the girls envision the art of the possible for their lives.

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Supplier Management Model: Avoid Supply Chain Disruptions

ProcurePort

Are you looking for a resilient supplier management model that will allow you to reduce supply chain disruptions? You’re not alone. Chief Procurement Officers and their teams have been on edge now for over a year, operating as best as they can give the present circumstances, but it hasn’t been easy. The supply chain disruption […]. The post Supplier Management Model: Avoid Supply Chain Disruptions appeared first on ProcurePort Blog.

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FreightPlus makes the Inc. 5000 list for the first time

Freight Plus

FreightPlus Ranks No. 783 on the 2021 Inc. 5000, With Three-Year Revenue Growth of 634%. NEW YORK, August 17, 2021 –. Inc. magazine today revealed that FreightPlus is No. 783 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

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The New Car Bait and Switch! A True Story!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Customers Do Not Care About Your Problems! Get Our EBOOK HERE. The “Check Engine” light appeared on my vehicle recently. As the vehicle was over 11 years old and showing increasingly serious signs of breaking down, a trip to the mechanic confirmed that it would cost more to fix the vehicle then it was worth.

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Enhancing Efficiency in Design: Suzuki Motor Corporation's Integration of CADDi Drawer

Suzuki Motor Corporation integrates CADDi DRAWER to streamline design processes. The cloud service organizes past drawings, facilitating quick access, reducing search time, and preventing duplication, ultimately enhancing design team efficiency.

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Understanding How Omnichannel Supply Chain Strategies Are Supported by Omnimodal Shipping Optimization

MercuryGate

The key to understanding the functions of omnichannel shipping optimization and how they can boost omnichannel supply chain strategies lies within the digital freight network. Partnered with the right technology, supply chain optimization can achieve new insight with end-to-end visibility, route optimization, decreasing risk, and clear communication for each method for consumer experiences.

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4 Tips for Building an Agile and Flexible CPG Supply Chain

Vanguard Software

Consumers spent $861.12 billion online with U.S. merchants in 2020, up an incredible 44.0% year-over-year, according to Digital Commerce 360. That’s the highest annual U.S. e-commerce growth in at least two decades. But for this high-SKU-count industry, where demand is unpredictable, the conditions of many consumer goods supply chains are far from perfect.

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It’s Time for the Back-to-School Brews

BlueYonder

How C-Stores Can Boost Profits as Parents Hit the Road Again. It’s that time of year again — and it’s been a long time coming. Back-to-school, in-person learning is finally a reality across the country. For parents and students alike, this time is filled with mixed levels of dread and anticipation. Among those who have been working and schooling from home for 15 months, it also means venturing out into town again and finally ending pajama days.

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Performance in the Demand Planning Cycle

DynaSys

We’ve discussed the benefits of gathering data and coming up with a strategy of collaboration when implementing a demand planning cycle. Now it’s time to walk through the importance of Performance evaluation in the Demand Planning Cycle by setting metrics and KPIs. Demand planning strikes the balance between having sufficient stock levels to meet demand without having surplus as the end goal.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Four Emerging Competencies for Chief Supply Chain Officers

Supply Chain Brain

Our expectations of a supply chain leader have grown dramatically in a generation.

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Checkmarx acquires software supply chain security provider, Dustico

Manufacturing & Logistics IT

Checkmarx, the global provider of developer-centric application security testing (AST) solutions, has acquired Dustico, a SaaS-based solution that detects malicious attacks and backdoors in open source software supply chains.

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Ahlsell Digitizes Management of Trading Goods Suppliers with Ivalua

ivalua

Successful deployment of source-to-contract suite increases tail supplier management efficiency and optimizes overall process automation. Redwood City, CA August, 2021 – Ivalua, a leading global spend management cloud provider, and Stretch Consulting, a leading Nordic digital procurement transformation provider, today announced that Ahlsell has successfully deployed Ivalua’s platform to digitize management of its tail suppliers.