Tue.Jul 24, 2018

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Four Ways to Ease the Overworked Supply Chain

APICS

The innovative solutions of today will become the industry standards of tomorrow, and supply chain professionals must learn how to properly implement new tools that improve efficiency, scalability and customer value.

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Spotlight on: 7 Key Warehouse Processes

Logistics Bureau

This article, written by Mal Walker , Manager at Logistics Bureau, was first published in the January / February 2018 issue of MHD Supply Chain Solutions. The 7 Key Warehouse Processes. Are all warehouses the same? Short answer: no, but yes! This contradiction in terms is probably best explained by the Thai phrase; ‘Same, same, but different’ This phrase is used widely in Thailand to explain to naive tourists (such as myself) the similarities between one product and another.

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The sharing economy: An effective model for supply chain management?

Kinaxis

by Emily Hunt The sharing economy involves buying and selling temporary access to goods or services, usually arranged through an online platform. It is inevitably becoming a major source of revenue in today’s global economy, led by the likes of Uber and Airbnb. By using new digital platforms, the sharing economy has created an effective business model for the utilization of goods and availability of services.

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Here come the Response Networks

ToolsGroup

As competition heats up to meet consumer fulfillment expectations, the analyst community has worked to define a supply chain model that can dynamically and rapidly respond to changing market needs, sometimes called "Response Networks". Gartner calls their version “ Respond Planning ”. Supply Chain Insights (Lora Cecere’s firm) calls it “Networks of Networks”.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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[PODCAST] Why Executives Need to Understand Total Landed Costs of Transportation

GlobalTranz

Cerasis is excited to announce & welcome listeners to the launch of the “The Freight Project Podcast!” The podcast will bring expert voices from around the world in supply chain, logistics, transportation and freight to give you unique insights into what it takes to effectively optimize your supply chain so that you may reduce costs and increase efficiency.

More Trending

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Innovating Production and Supply Networks to Increase Value from New Product Introductions

Logistics Viewpoints

Product and service innovation, driven by digital technologies, is key to gaining extra value from new product introductions. One particularly interesting development is the emergence of modular plants. Forecasting a NPI can be very difficult. Modular plants help companies to scale economically. The post Innovating Production and Supply Networks to Increase Value from New Product Introductions appeared first on Logistics Viewpoints.

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The New Way a TMS Fuels Routing Creativity

Talking Logistics

Is managing your transportation operations an art form? You may not do your job with a palette and a paintbrush, but it’s safe to say that logistics planners have to be creative when moving freight. Customers have high expectations for quicker deliveries and more visibility into the delivery process, plus you have endless, changing constraints to deal with too.

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Myopic and Hyperopic Supply Chain Planning

Logility

Myopia , more commonly referred to as nearsightedness, is a medical condition in which one can see near objects but cannot see far objects clearly. More than 200,000 people per year are diagnosed with nearsightedness. Hyperopia , more commonly referred to as farsightedness, is a medical condition in which nearby objects looked blurred, but distant objects are more clearly visible.

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[Infographic] 8 Traits of a Highly Successful Demand Planner

Arkieva

Here's a quick visual aid on some of the key attributes of a successful demand planner. [Infographic] 8 Traits of a Highly Successful Demand Planner was first posted on July 24, 2018 at 7:59 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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IBM and the Big Data Behind Blockchain and your Supply Chain

Freight Plus

Blockchain is being heralded as the next great supply chain revolution but what does that mean and how does it work? Since so few of us have had the opportunity to use a blockchain system, many of the concepts behind it seem rather vague and abstract.

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Companies See Strongest Working Capital Performance Since Recession

Material Handling & Logistics

However, a new study shows that the deterioration in receivables is masked by a significant slowing of payments to suppliers. The 1000 largest non-financial companies in the U.S. significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. However, their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies take to pay suppliers, according to the l

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A One-Sided Deal: The Economics of the Gordie Howe Bridge

3PL Insights

What’s being called a “one-sided deal” is currently on the table in the atmosphere of strained trade relations between the US and Canada. A second international Detroit bridge, the Gordie Howe International Bridge, is in talks and expected to begin construction in the fall of 2018. This contract is consolidated through a group of infrastructure companies known as Bridging North America.

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IBM and the Big Data Behind Blockchain and your Supply Chain

Freight Plus

Blockchain is being heralded as the next great supply chain revolution but what does that mean and how does it work? Since so few of us have had the opportunity to use a blockchain system, many of the concepts behind it seem rather vague and abstract. How can this technology used for bitcoin be of any value to my supply chain? To understand that you first have to recognize what blockchain is and what it isn't.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Why is Supply Chain the Rockstar of Consumer Pharma?

The Supply Chainer Report

The obsession of drug makers to re-evaluate and minimize Operational costs is the New Black. Nowadays Consumer Health (over-the-counter or GSL drugs) has a profit formula quite similar than the Retail business, but unfortunately delivering safety and quality are simply not enough. The decrease trend on sales of the biggest US drug retailers (WBA, MCK, CVS) is due to the consumers shift from traditional to online shopping “the Amazon effect” As a consequence, because of discounts and

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How to Reduce Time to Implement a Warehouse Management System in 4 Steps

Veridian Solutions

Making the decision to implement a warehouse management system can be among the most cost-effective means to improve warehouse operations. A modern warehouse management system can bring disparate systems together, leverage data from internal and external resources, and stimulate growth in the saturated e-commerce market, allowing businesses to stand out from the crowd.

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Over 400,000 People Living in 'Modern Slavery' in U.S., Report Finds

Supply Chain Brain

The Global Slavery Index, published last week by Walk Free Foundation, describes modern slavery as a complex and often hidden crime that crosses borders, sectors and jurisdictions. The U.S. number, the study estimates, is almost one hundredth of the estimated 40.3 million global total number of people it defines as being enslaved. “The United States is one of the most advanced countries in the world yet has more than 400,000 modern slaves working under forced labor conditions,” said the group’s

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Supply Chain News on With Significant Cash Flow Issues, Tesla Asks Suppliers to Pony Up

Supply Chain Digest

Company Says Requests Limited to 10 Capital Project Vendors, after Wall Street Journal Report, Looks to Get Paid for Car before Paying Suppliers

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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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The Top 5 Manufacturing Challenges in 2018

GlobalTranz

The manufacturing challenges in 2018 were evident. It’s an important sector to both current and emerging markets. These are the most commonly faced manufacturing challenges to the industry in the US in 2018. 1. Manual handling and safety Manufacturing can be a dangerous industry, and it’s vital that manufacturers are aware of health and safety regulations.

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4 Ways to Maximize Arbitrage Opportunities Using Prescriptive Analytics

River Logic

Day traders, hedge fund managers, commodity brokers, and energy traders routinely take advantage of market price differences to turn immediate profits. Maximizing an arbitrage opportunity requires precise timing and confidence in your market data, otherwise what looks to be a sure profit could turn into a net loss. That’s why more financial, energy, and commodity traders are relying on prescriptive analytics to ensure their arbitrage profits.

Analytics 101
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What is the Best Time Management Book?

Supply Chain Opz

In this article, we will compare 2 best books on time management, namely, Getting Things Done vs Eat That Frog. The result is the best time management book. Time Management Basics Time management is about how to implement and control various activities effectively. Ineffective time management will usually lead to the loss of productivity and valuable business opportunities.

Exercises 100
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The New Way a TMS Fuels Routing Creativity

3GTMS

Is managing your transportation operations an art form? You may not do your job with a palette and a paintbrush, but it’s safe to say that logistics planners have to be creative when moving freight. The key tool for a logistics planner has long been a transportation management system (TMS), but the increased complexity of […]. The post The New Way a TMS Fuels Routing Creativity appeared first on 3GTMS.

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Hybrid Automation – Bridging the Gap Between Humans and Automation in the Modern Warehouse

This report explores the transformative impact of automation, the evolving role of human workers on-site, and the critical imperative of achieving optimal warehouse efficiency in the digital age.

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When and How to Plan for the Unplanned? New Tax Law and the Pipeline Transportation Industry Give Clues

River Logic

With H.R. 1 , the tax bill signed into law at the end of 2017, January 1 debuted reduced corporate taxes from 35% to 21% — a positive impact for companies, in general. However, as a Wall Street Journal article points out, the certainty of tax reform brings uncertainties ahead on actual financial outcomes for pipeline transportation operators.

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Winning the Digital Transformation Race

Enterra Insights

Although you may not think about digital transformation as a race, business analysts increasingly enumerate differences between Digital Age winners and losers. For example, Johan den Haan ( @JohanDenHaan ), Chief Technology Officer at Mendix, writes, “To compete in the 21st century economy, the success of digital transformation projects sort the winners from the losers.”[1] No one wants to be a loser.

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Reefer Rates Lose Traction in California Heat Wave

DAT Solutions

Spot rates are trending down for reefer freight, due to hot weather in Southern California. Temperatures in the “fry eggs on the pavement” range, above 115 degrees, ruined some high-value crops, notably avocados. Other parts of the state were also affected, adding to a typical mid-July decline. One result was a decline in the national average rate for reefers, now $2.65/mile for the month to date.

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Why an E-Commerce Packaging Strategy Is Important for Your Brand

CHAINalytics

| By Alex Turner | Consultant, Packaging | Chainalytics | With e-commerce climbing to the top of everyone’s agenda, marketplace challenges now dictate that you ask yourself if your product can withstand the vigorous distribution environment that comes with the omni-channel experience. With LTL shipments and doorstep deliveries at an all-time high, it is time … The post Why an E-Commerce Packaging Strategy Is Important for Your Brand appeared first on Chainalytics.

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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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Van Rates Drift Back Down to Earth

DAT Solutions

Van rates continued a seasonal slide last week, but the national average van rate was still 1¢ higher than the June average, even after a decline of 5¢ per mile for the month to-date. To put this in context, the June average was the highest for dry van equipment since at least 2010, and possibly the highest ever. When July ends next week, rates could be within a few cents of that peak.

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How to counter the seismic shift in the retail market (part 2)

TradeGecko

In part one of our two-part series, we looked at how diversifying your sales channels and embracing digital tools can help retail companies get ahead. In this chapter, we delve into how streamlining operations and focusing on community and customer relationships are key to success.

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All The News You Need To Know: 7/23-7/27

Freight Plus

Tight capacity and high demand are driving huge profits for truck carriers. Spot rates have risen for 16 consecutive months as supply can’t meet demand. Prices have escalated at sustained rates unseen since deregulation occurred in 1980, according to online freight marketplace DAT Solutions LLC. J.B.