Tue.Jun 04, 2019

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Riding the Tradeoff Curve

The Smart Software

In the supply chain planning world, the most fundamental decision is how to balance item availability against the cost of maintaining that availability (service levels and fill rates). At one extreme, you can grossly overstock and never run out until you go broke and have to close up shop from sinking all your cash into inventory that doesn’t sell. At the other extreme, you can grossly understock and save a bundle on inventory holding costs but go broke and have to close up shop because all you

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Industry 4.0’s Potential Needs To Be Proven On The Shop Floor

IQMS

99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 strategy. Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews with them.

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Bill of Lading: The Importance of Proper Documentation

SupplyPike

The Bill of Lading (BOL) is a required and legal shipping document to move freight. This traditional shipping document describes the details of the items being moved, the pickup and delivery locations, payment terms including the party responsible for payment of freight charges, accessorials, and any special instructions for the shipment. The shipper, carrier, or even a third party logistics company (3PL) can generate a BOL and issue to the shipper.

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Editor’s Pick: The Long Arm of OFAC – How US Sanctions Impact Pretty Much Everyone

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post from Amber Road’s blog discusses the Office of Foreign Assets Control (OFAC) and how its enforcement arm reaches all.

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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 New Lexicon for Digital Supply Chain Management

Supply Chain Collaborator

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. . There have been unprecedented advancements in technology over the last 20 years, occurring at a dizzying pace.

More Trending

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Discover Why Arkieva is Named As a Leader in The 2019 Garner Magic Quadrant for Sales and Operations Planning System of Differentiation

Arkieva

We are pleased to announce that due to the amazing support of Arkieva customers, Arkieva has been named as Leader in the 2019 Magic Quadrant for Sales and Operations Planning (S&OP) System of Differentiation (SOD). This is the third time that Arkieva has been positioned on the Gartner S&OP SOD Magic Quadrant. The report evaluated different software vendors on 13 key capabilities.

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The Green Supply Chain – A win-win Situation

DynaSys

There is no secret, our Planet is currently facing lots of environmental concerns: global warming, air pollution, water pollution, waste invasion, ozone layer depletion, climate change, etc. These issues affect every human being, every animal, every living thing on this planet. Resources are over-exploited, leading to a deterioration of the environment.

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Discover Why Arkieva is Named As a Leader in The 2019 Gartner Magic Quadrant for Sales and Operations Planning System of Differentiation

Arkieva

We are pleased to announce that due to the amazing support of Arkieva customers, Arkieva has been named as Leader in the 2019 Magic Quadrant for Sales and Operations Planning (S&OP) System of Differentiation (SOD). Discover Why Arkieva is Named As a Leader in The 2019 Gartner Magic Quadrant for Sales and Operations Planning System of Differentiation was first posted on June 4, 2019 at 7:00 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commer

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Pouring Efficiency & Innovation: Morton Salt and Chainalytics establish long-term partnership for supply chain network design

CHAINalytics

The post Pouring Efficiency & Innovation: Morton Salt and Chainalytics establish long-term partnership for supply chain network design appeared first on Chainalytics.

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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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What is a Supply Chain Digital Transformation?

Arkieva

Gartner defines Digital business transformation as “the process of exploiting digital technologies and supporting capabilities to create a robust new digital business model.” To further expand on this definition, a Supply Chain Digital Transformation is the process of utilizing supply chain technologies to create a robust digital business model that enhances existing supply chain processes.

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Operational Analytics and A Modern Data Hub Help Suppliers Meet Walmart’s OTIF Standards

Silvon Software

Recently, Walmart upped its requirement for the on-time, in-full (OTIF) delivery of full truckloads within a two-day window from 85 to 87 percent. While the 2 percent increase doesn’t seem like much, mid-sized or smaller manufacturers may have a tough time stepping up to the higher standard. And for many of these businesses, the price of failure will be substantialwith millions of dollars in potential fines on the line, not to mention millions in lost sales and brand loyalty.

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The Digital Supply Chain with Mathew Smith

Logistics Bureau

We now have this ability to measure our delivery time proactively and communicate if there are any challenges by making use of digital tools. Listen to this interview with Mathew Smith and gain insights as he talks about Customer Communication as well as Internal Communication in managing Digital Supply Chain: Subscribe to our Youtube Channel. Best Regards, Rob O’Byrne.

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Bill of Lading: The Importance of Proper Documentation

SupplyPike

The Bill of Lading (BOL) is a required and legal shipping document to move freight. This traditional shipping document describes the details of the items being moved, the pickup and delivery locations, payment terms including the party responsible for payment of freight charges, accessorials, and any special instructions for the shipment. The shipper, carrier, or even a third party logistics company (3PL) can generate a BOL and issue to the shipper.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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2019 Global Cotton Sustainability Conference

ChainPoint

ChainPoint will be attending the 2019 Global Cotton Sustainability Conference in Shanghai on June 11-13. This event, hosted by our customer BCI, will bring the entire textile sector together to shape a more sustainable future for cotton.

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Upcoming webinar: Discover how to drive success in fashion with transparency

Provenance

With changing shopper expectations and competitive pressures, the opportunity for transparency to deliver business value continues to grow. “94% of consumers are likely to be loyal to a brand that offers complete transparency”. (Source: Label Insight). Do you work in fashion and want to learn how to set a strategy for your transparency journey? In our next webinar, we’ll be joined by Common Objective to share insights and discuss the best practices for transparency in fashion.

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Peeling Back the Onion: Choosing a Software Provider With Due Diligence (V)

MPO Multi Party Orchestration

Both the digital transformation and each software provider are multi-faceted, so think of these next stages of the discovery process as ‘peeling back layers of the onion.’ The surface layers involve understanding each vendor’s capabilities and bid components. Slightly deeper are the back-end particulars of the transformation; your team will be focusing on everything from the platform to the financial and commercial terms to ensure the products and services you choose align well with your priorit

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Supply Chain News on Will the Direct Store Delivery Model Survive

Supply Chain Digest

Nestle Joins Kellogg, Hostess and Others before It to Exit DSD to Reduce Logistics Costs

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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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Our Take: Why the Global TMS Market will Keep Growing

3GTMS

In the last 5-10 years, the transportation world has changed dramatically. The lines between 3PLs, carriers and brokers are blurring as customers require a broader scope of services. 3PLs are adding brokerage services and brokers are adding managed services. Shippers are empowered with more choices and customers are leveraging improved visibility across their logistics operation […].

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[PODCAST] 3PL Selection Criteria for a High-Volume LTL Shipper

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s The Freight Project Podcast episode I excitedly welcome my friend and Logistics rock star & expert, Joe Lynch from The Logistics of Logistics to talk about 3PL selection criteria. We hope you enjoy this “The Freight Project Podcast.” You can subscribe.read More.

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Supply Chain News on Time to Move a Lot more US Freight to Rail, Author Says

Supply Chain Digest

Modal Switch will Reduce CO2, Improve Safety, Lower Need for More Highways

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The Current State of TMS (Transportation Management Systems)

GlobalTranz

The current state of TMS (Transportation Management Systems) reflects the ongoing need for a shipper to control freight spend and reduce delays. As Walmart and Amazon work to increase customer service through low-cost, faster delivery, shippers must take note of the market and embrace its full potential. The History of Transportation Management Systems Transportation management.read More.

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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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Is it Time To Upgrade to A Cloud-Based Transportation Management System (TMS)?

Kuebix

Many companies are still using the transportation management system (TMS) they installed 15 or even 20 years ago! Technology has changed and improved significantly over that time. So if you’re still using an outdated TMS to manage your logistics operation, it’s time to upgrade to a modern, cloud-based system. Why Should I Replace My Old TMS?

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TMS Market Size & Share: Why the Global TMS Market Will Keep Growing

3GTMS

In the last 5-10 years, the transportation world has changed dramatically. The lines between 3PLs, carriers and brokers are blurring as customers require a broader scope of services. 3PLs are adding brokerage services and brokers are adding managed services. Shippers are empowered with more choices and customers are leveraging improved visibility across their logistics operation […].

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Digital Transformation Requires more than Adopting New Technologies

Enterra Insights

Change and change management have roiled organizations throughout history. Centuries ago Niccolo Machiavelli, in his classic The Prince , wrote, “There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things, because the innovator has for enemies all those who have done well under the old conditions, and lukewarm defenders in those who may do well under the new.

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It’s Silicon Valley and Detroit, not Silicon Valley vs Detroit (Pt. II)

QAD

In “ It’s Silicon Valley and Detroit, not Silicon Valley vs Detroit (Pt. I) ,” we discussed some of the looming changes the automotive industry is facing today and what they mean for the industry going forward. In Part II, we will touch on the ways in which automotive players are addressing these changes through collaboration and the innovations that can stem from it.

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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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Unlocking the Potential of Earned Value Management

Supply Chain Brain

A look at the approaches that organizations can adopt to take full advantage of earned value management, while ensuring that enterprise software is up to standard.

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How Safety Stock Can Help You Manage Your Inventory Better

Supply Chain 24/7

In this paper, we see how calculating Safety Stock can help you manage your inventory better, and learn what Safety Stock is, how to calculate it, and why it is important.

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Enhancing Business Decisions via Real-Time Data

IQMS

Kaddas Enterprises turns to IQMS (DELMIAWORKS) to improve efficiency on the shop floor, reduce scrap rates, and improve planning and reporting at every level. Headquartered in Salt Lake City, Utah, Kaddas Enterprises, Inc. is the industry leader in wildlife and asset protection, manufacturing more than 300 BirdguarD products, which are used by power utility companies worldwide.

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