Mon.Sep 20, 2021

article thumbnail

How to identify and resolve phantom inventory

Alloy

Phantom inventory is a silent killer that saps revenue from consumer brands and retailers in the order of billions of dollars per year. Phantom inventory occurs because items that don’t exist in reality still appear in the digital legers of stores and DCs in your retail network, blocking replenishment and masking the problem. It can occur because of theft, unreported shrink and other random loss of inventory.

article thumbnail

Build Digitally Lean Consumer Goods and Home & Lifestyle Manufacturing Teams

DELMIA Quintiq

In the world of consumer goods and home and lifestyle, today’s fast-moving consumer trends demand fast delivery and quality at the lowest possible cost—for which lean programs in manufacturing are paramount. With the ever-present risk of potential disruptions to supply chain materials and manufacturing processes, lean programs have a pivotal role in ensuring competitiveness of operations and customer satisfaction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply-Driven Supply Chains

Talking Logistics

As highlighted in a June 2021 Wall Street Journal article by Bob Tita, Polaris, which manufactures boats, motorcycles, and other vehicles, is “changing its manufacturing and sales strategies on the fly to cope with shortages of materials and parts and an unreliable global transportation system that has disrupted precise production planning…The company is juggling 30.

article thumbnail

Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah

ivalua

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes.

article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

Customer Segmentation Remains Relevant and Necessary

Enterra Insights

Today you hear a lot about personalization in marketing and customization in manufacturing. In this increasingly specialized environment, customer segmentation sounds like a step backwards. After all, customer segmentation can be traced back to the earliest eras of marketing and manufacturing when people intuitively understood that, for the most part, men and women were looking to buy different goods.

More Trending

article thumbnail

Holiday Warehousing Challenges 2021

3PL Insights

Summer is coming to an end which means retailers and supply chains need to start preparing for the holidays. With e-commerce on the rise, supply shortages, and COVID-19 restrictions causing shipping delays, this will prove to be a challenging year for order fulfillment. Now is the time to get your holiday plan ready to ensure on-time shipments. After facing many disruptions last year, businesses are coming into the holidays more prepared than ever before.

article thumbnail

Why You Should Outsource Logistics!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Outsourcing Sourcing! 5 Lessons from Around the Globe! Outsource Logistics article and permission to publish here provided by Carol Trehearn. Logistics are a vital part of many businesses and are integral to the company’s overall business system. If you and your business are currently doing everything yourself, then you might not only wonder if you could free up more time to do the things you need to be doing but also how thi

article thumbnail

How Nervous is your Supply Chain Planning System?

Adexa

How Nervous is your Supply Chain Planning System? In a recent McKinsey report it was stated “After the implementation of a new planning and scheduling system, planners at one pharma manufacturer started receiving more than 200 exception messages every day.” This phenomenon is a consequence of a system which is not smart. In other words, the system fails to understand the relevance and the impact of each event on the supply chain operations.

article thumbnail

Using of Supply Chain Automation Solutions for Operational Tasks

IT Supply Chain

By Eisele Candace (pictured). Copywriter. The post Using of Supply Chain Automation Solutions for Operational Tasks appeared first on IT Supply Chain.

article thumbnail

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.

article thumbnail

Understanding & Improving an End-to-End Supply Chain

ShipBob

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. No wonder many businesses struggle with supply chain delays and poor customer service!

article thumbnail

The Women in Trucking Story with Ellen Voie

The Logistics of Logistics

The Women in Trucking Story with Ellen Voie. Ellen Voie and Joe Lynch discuss the Women in Trucking story. Ellen is the President/CEO and founder of the Women In Trucking Association , a non-profit organization whose mission is to encourage the employment of women in the trucking industry, promote their accomplishments, and minimize obstacles faced by women working in the industry.

Wisconsin 233
article thumbnail

Angel Food’s lean team confident with inventory planning thanks to StockTrim

StockTrim

For 15 years Angel Food has been striving to make plant-based foods more accessible to Kiwis wanting an alternative to dairy. In 2014 the company launched its very own dairy-free mozzarella, the first commercial vegan cheese to be made in Aotearoa.

Lean 116
article thumbnail

For Retailers, the Dream of High Demand Is Becoming a Nightmare

Supply Chain Brain

In any other year, expectations of strong sales for the upcoming holiday shopping season would be the fulfillment of a dream for retailers. Instead, it’s shaping up to be something of a nightmare.

Retail 108
article thumbnail

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.

article thumbnail

How to Record Fixed Assets in QuickBooks Online

Precoro

QuickBooks Online is progressive SMB’s top choice for managing payments, invoices, and expenses. This software can become an integral part of the bookkeeping process, but things can get challenging when it comes to purchase tracking. So if you’re looking for a way to record fixed assets in QBO, the Precoro team prepared this handy guide for you. What is a Fixed Asset in QuickBooks Online?

article thumbnail

Watch: What Global Traders Need to Know About Biden’s ‘Buy American’ Policy

Supply Chain Brain

Doreen Edelman, partner and chair of the Global Trade & Policy Team at Lowenstein Sandler LLP, delves into the impact and nuance of the Biden Administration’s push to increase the percentage of American-made products purchased by the U.S. government.

Policies 104
article thumbnail

Help Wanted - Delivery Drivers

Cathy Roberson

Last year’s holiday peak season was all about the need for last-mile capacity while this year’s season may go down as the need for employees according to folks I talked with at Home Delivery World and Parcel Forum conferences. The help wanted sign for delivery drivers has remained in the window for quite some time - growth in e-commerce sales and potential drivers looking elsewhere for employment - is driving (pun intended) this trend.

article thumbnail

Europe Faces Winter Energy Crisis Years in the Making

Supply Chain Brain

Europe’s gas prices have more than tripled this year as top supplier Russia has been curbing the additional deliveries the continent needs to refill its depleted storage sites after a cold 2020 winter.

Europe 96
article thumbnail

GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

article thumbnail

Understanding the ATA Trucking Tonnage Index

3PL Insights

The American Trucking Association is the largest trade association representing the trucking industry in the U.S. The organization is run via affiliate networks in all 50 states and represents every sector including full truckload, less-than-truckload, motor carriers, and more. In 1973, the ATA introduced the Truck Tonnage Index, a monthly estimation of the total weight of freight transported by truck in the United States.

article thumbnail

Logistics Costs Are Rising After 4% Drop Last Year: Report

Supply Chain Brain

Prices are increasing "most notably" in the parcel, storage and warehousing, international and ocean segments.

Report 90
article thumbnail

Fulfillment Integrations 101

3PL Insights

If you’re selling online, you are likely selling through an e-commerce platform. That is a great tool for generating orders and collecting payments. But it still requires a person to process and ship the order. Outsourcing the order processing to a 3PL like Evans Distribution Systems, streamlines the order management process, yet requires integration between your e-commerce platform and the 3PL’s warehouse management system.

article thumbnail

Anjali’s story: From late nights to new heights

Taulia

Taulia Culture My sales journey so far When I graduated college, I didn’t know what I wanted to do with my career, so I decided to work… The post Anjali’s story: From late nights to new heights appeared first on Taulia.

52
article thumbnail

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.

article thumbnail

AliExpress | Use the Chinese panacea to sell your products online

DocShipper Sourcing

2020 can be a DISASTROUS year for retailers! Trading is becoming gradually competitive and formidable, which led by increasing people going in this field and rather demanding customers' needs to fulfill. Here we got the most challenging problem - Coronavirus. Governments all over the world are developing new initiatives i.e.

France 52
article thumbnail

Freightera’s CEO Presenting at the BC Cleantech Virtual Conference

Freightera

Eric Beckwitt, Freightera founder and CEO is presenting at the BC Cleantech Virtual Conference on Sept 23, 2021. Eric Beckwitt will talk about Freightera at the first BC Cleantech virtual conference. His presentation will cover how Freightera helps businesses to ship freight and reduce the carbon footprint from shipping. Freightera offers less-than-truckload (LTL) and full-truckload (FTL) freight services by road and rail within North America.

article thumbnail

AliExpress | Use the Chinese panacea to sell your products online

DocShipper Sourcing

2020 can be a DISASTROUS year for retailers! Trading is becoming gradually competitive and formidable, which led by increasing people going in this field and rather demanding customers' needs to fulfill. Here we got the most challenging problem - Coronavirus. Governments all over the world are developing new initiatives i.e. Curfew in France, which can … The post AliExpress | Use the Chinese panacea to sell your products online appeared first on ?

France 52
article thumbnail

The Case of the Missing Airport Snacks

BlueYonder

This blog was written by Bryant Miller, Corporate Communications, with insights from Shri Hariharan, VP of Industry Strategy at Blue Yonder. I have a confession: I am a snacker. There isn’t a snack I’ve met that I didn’t like. And my peak snackiness is when I’m traveling and visit the airport convenience stores to see all the weird and wonderful treats… grain-free peanut butter-filled pretzels?

article thumbnail

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.

article thumbnail

Locus Has Acquired Waypoint Robotics

Locus Robotics

Rick Faulk , CEO, Locus Robotics. I have some exciting news. We’ve just expanded our product family with our acquisition of Waypoint Robotics. So, what does this mean for you, your business, and the industry? The acquisition of Waypoint Robotics will accelerate our product roadmap. We will be introducing product offerings that address our customers’ urgent and growing needs worldwide including serving industries with use cases requiring robots to handle larger, heavier payloads.

article thumbnail

A Freight Audit and Payment Guide: Challenges, Tips & Benefits

Intelligent Audit

In the supply chain industry, the freight audit process can provide a competitive advantage for invoicing and cutting back costs. As reported by Supply & Demand Chain Executive , “As the shipping industry becomes more complex, so too does freight payment. It requires concrete processes, extensive data capture, rigorous audit, and total compliance to the shipper’s business rules.

article thumbnail

Manufacturing Operations Management (MOM) and the inflection point for digital manufacturing

SYSPRO Smarter ERP

When the COVID-19 pandemic hit, some of the challenges it posed to manufacturing and distribution were new. But, in truth, it’s more accurate to say that the pandemic exposed weaknesses that had existed years before the public health crisis exploded. I should know. I grew up in manufacturing. My family owned a manufacturing operation, so I experienced firsthand the challenges that mid-market manufacturers face.