Tue.May 08, 2018

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The Most Common Supply Chain Fallacies

Logistics Viewpoints

This article describes the five most common fallacies surrounding supply chain management. Some of these are fallacies that have been around a long time and never seem to go away. Others are more recent in origin. The post The Most Common Supply Chain Fallacies appeared first on Logistics Viewpoints.

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Four ways Inventory Optimization can address tighter supply constraints

ToolsGroup

As the (U.S.) economic expansion enters its ninth year, supply constraints are showing up in supply chains. The Wall Street Journal recently advised “In the battle for economic supremacy, investors should quickly be realizing it’s increasingly about supply, not demand.” ( The Next Challenge for Global Growth: Keeping Up With Demand , April 24, 2018 ).

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Some Supply Chain Management Principles are Timeless

Enterra Insights

Nearly two decades ago, the business world was in the midst of the dot.com bubble. E-commerce was just getting it legs and new business models were being developed. People were so intrigued with the rapid changes in the business landscape they virtually forget the importance of traditional business fundamentals. As a result, the dot.com bubble burst and a new term was born — irrational exuberance.

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Supply Chain Best Practices: The Flexible Supply Chain

Elementum

In a world where market trends are fast-evolving and unpredictable, companies must be able to respond to disruptions and changing customer whims on a dime. This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts.

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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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What’s Holding the S&OP Process Back, Part Two: Establishing a Business Efficiency Planning Process That Works

CHAINalytics

| By Sanjiv Raman | Senior Manager, Integrated Demand & Supply Planning | Chainalytics | In my last blog, “What’s Holding the S&OP Process Back?,” I highlighted seven key reasons why organizations commonly fail to reap the full benefits a well-developed S&OP process can deliver. I also pointed out how the ever-evolving business environment will … The post What’s Holding the S&OP Process Back, Part Two: Establishing a Business Efficiency Planning Process

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Supply Chain Best Practices: The Flexible Supply Chain

Elementum

In a world where market trends are fast-evolving and unpredictable, companies must be able to respond to disruptions and changing customer whims on a dime. This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts.

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How Cape Town Was Saved From Running Out of Water

Supply Chain Brain

The government announced “day zero” — a moment when dam levels would be so low that they would turn off the taps in Cape Town and send people to communal water collection points. This apocalyptic notion prompted water stockpiling and panic, caused a drop in tourism bookings, and raised the spectre of civil unrest. It also worked. After years of trying to convince residents to conserve, the aggressive campaign jolted people into action.

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Quantitative and Qualitative Benefits on Implementing a New ERP System: Part 2

Rootstock

Pat Garrehy, Rootstock Software, Founder and CEO.

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RELEX Survey Reveals Opportunities for Grocers to Boost Operational Efficiency and Reduce Fresh Food Waste

RELEX Solutions

Read PDF. Study shows more precise forecasting results directly in less food spoilage. In a new survey sponsored by RELEX Solutions, nearly three quarters of grocery retailers cited the market as more competitive than ever before and only 10% see new opportunities for growth opening up, adding that their top priority is improving operational efficiency.

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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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3 Tools to Minimize Waste: A Boon to Lean Manufacturing Strategies

GlobalTranz

Lean manufacturing is one of the leading waste minimization technologies inside a manufacturing industry. Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. It is a systematic approach to identifying the waste or non-value added materials and removing them to give out the best quality material to the customer.

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Important Factors to Consider When Choosing a Warehouse

Talking Logistics

The right warehouse for your company is similar to a tailored suit: it should make your company look in control and professional, it should fit perfectly, and it should be comfortable and easy to “wear.” So what do you do if your current warehouse is ill-fitting? For most businesses, the answer is either expanding or changing their warehouse altogether.

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PINC selected by Inbound Logistics magazine to its 2018 list of Top Logistics Technology providers

PINC

PINC named 2018 TOP 100 Logistics IT provider for creating a ripple effect of efficiencies across the entire value chain.

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Spring Has Sprung for Spot Market Freight

DAT Solutions

April is in the rearview, and so is a recent trend of falling spot market rates. May got off to a hot start, boosted by higher truckload volumes across a wide swath of the country last week, with the highest demand on lanes heading into the Northeast. Produce season is also kicking into high gear in many reefer markets, which affects dry van freight.

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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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Is Your Freight Spilling Millions Across the Interstate?

Supply Chain Collaborator

A Brinks armored truck traveling down Interstate 70 outside Indianapolis this week had its rear doors open sending more than $600,000 in twenty-dollar bills exploding across all 8 lanes of rush hour traffic. In the ensuing pandemonium, people from cars and neighborhoods adjacent to the freeway swarmed to grab as much cash as they could as traffic ground to a halt before law enforcement could restore order.

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Produce Season Leads to Surges in Reefer Rates

DAT Solutions

Many produce markets around the country are kicking into high gear, especially in the Southeast. Refrigerated truckload volumes have surged out of Florida , and reefer rates on several outbound lanes soared above $3/mile. Load counts were also building in California , while Texas was holding steady last week. Reefer volumes had been building for the past month, but those increases were bigger last week.

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Want to be a Leader? You Better Have These Ingredients

Elementum

I’ve always been inspired by humble giants. Leaders who rise to the occasion, whose game-face reflects pure passion and those who live to deliver in the clutch, staring fate in the eyes with the confidence, grit, and unrelenting will to bring home the win. Most of all, those leaders who, despite their abilities and their thirst to win, possess genuine humility through it all.

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Top 10 Must-Have eCommerce Site Features

3PL Insights

eCommerce refers to the transaction of goods across the internet; a trend that has increased exponentially over the past years. The implementation of effective eCommerce site features can make for a faster, easier, cheaper exchange, as compared to traditional methods of business. It’s crucial to understand the makeup behind an eCommerce store. Here at Evans, we’re capable of helping you to optimize your eCommerce store through the implementation of software like Shopify , Magento, and BigCommerc

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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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How to Find a Mentor on an Elevator Ride

Elementum

Trying to convince someone to be your mentor is the wrong approach. It’s like asking how to convince someone to be your best friend. Instead, you should focus your time and effort on your work, and the right mentor will be drawn to your passion. First of all, you need to be focused on what you want to accomplish. A mentor is not someone who can pave a path for you.

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Walmart Ends Failed Uber Lyft Online Grocery-Delivery

Supply Chain 24/7

Walmart's online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to Reuters, a potential setback for the retailer's ambitions to challenge Amazon.com head-on with the speedy delivery of groceries to people's homes.

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Why Big Data Kills Businesses

Elementum

Big data has been anointed the savior of big business: it divines the future, reveals our path, and breathes new life into our venerable business models. But in reality, data kills. It kills projects, it kills money, and it kills time. Twenty-five years ago, data was growing at a rate of 100GB a day. Now, data grows at a rate of almost 50,000GB a second.

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10 Tips for Successfully Selecting an ERP System- Tip #3

AIT SureShip

Ready to go! Whatever process you have taken, you have finally arrived at the point where your company is going to start the journey of selecting and implementing a new enterprise resource planning (ERP) application. You have strong executive leadership and buy-in, now what? There’s a common phrase that states, “you only get out what you put into it”.

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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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What Does the Future Hold for Freight Management Companies?

Loginext

According to the American Trucking Associations, freight tonnage hauled by trucks would increase by 27% (between 2016 and 2027). With global retail sales to touch $27 trillion by 2020, it just adds to the problems of high volume and restricted resources. Most of these companies would win or lose based on how they optimize their last mile deliveries.

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Pros and Cons of the ELD Mandate

GTG Technology Group

Pros and Cons of the ELD Mandate. With the new electronic logging device (ELD) mandate kicking in earlier this year, many in the transportation industry are wondering whether it will have a positive or negative effect on the industry and its workers. Even though it’s still too early to know one way or the other, it’s never a bad idea to measure implications of a situation with a comprehensive list of pros and cons of the ELD mandate.

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Supply Chain Fast Facts: An Infographic

NFI Industries

From factories to front doors, products are shipped around the world using different modes of transportation and facilities to reach customers.