Tue.Jan 09, 2018

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Five Ways to Fix Statistics in Supply Chain Research

SCM Research

The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2) Abandon statistical significance : Academia seems to like “statistical significance”, but P value thresholds

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Analysts Support a Single Model for Sales and Operations Planning

ToolsGroup

A new report from Nucleus Research, Value Drivers of Single Model S&OP , concludes that the historical disconnect between planning and execution in S&OP is best bridged by a single unified data model that allows companies to continuously synchronize their strategic, tactical and execution plans. In addition, “supply chain modeling” has become the highest priority in Gartner’s Market Ranking of S&OP Capabilities , displacing “collaboration support with internal stakeholders”.

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Adopt the “Optimization Lifestyle”: Overcoming Inefficient Decision Making

Talking Logistics

One of the biggest decisions a business can make is deciding how it will make its decisions. Best-selling author Michael Lewis made this insightful observation about the flawed human psyche in one of his recent novels, The Undoing Project : “Man is a deterministic device thrown into a probabilistic universe. In this match, surprises are expected.”. As humans, there are many biases that contribute to the way we make decisions: overconfidence, confirmation bias, risk aversion, etc.

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Global Logistics Outlook: 2018

NFI Industries

Mike Greco, Senior Vice President of Global Logistics, shares his expectations for the global market in 2018 2017 was a year of innovations, technology creation, and increased visibility in global logistics. Despite environmental and cyber disruptions, the industry made many large scales advances that will carry on through the coming year. Rates & Capacity In.

Global 0
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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

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Digital Supply Chain Control Towers: From Concept to Practice

Talking Logistics

Tom Nightingale, President and CEO at International Package Shipping and Martin Verwijmeren, CEO at MP Objects, discuss the following questions and more in this timely and informative episode: What is a “Digital Supply Chain Control Tower” and what’s different today compared to the past. What’s driving demand for Digital Supply Chain Control Towers?

More Trending

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Preparing for Disaster

Elementum

Last year Houston faced historically devastating flooding during Hurricane Harvey. Nine trillion gallons of water and 60 inches of rain fell from the sky in a span of two days , causing damage to the economy amounting to an estimated $190B. As the intensity and scope of natural disasters hitting the US continues to increase, it is becoming clear that cities like Houston have infrastructure and urban planning that are not built to withstand the havoc these storms bring.

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Why Workforce Productivity for Third Party Logistics and Wholesale Distribution Can’t Just be an Operational Issue Any Longer – Part 1 of 3

BlueYonder

Workforce productivity can’t just be an operational issue any longer. This has been put on the backburner for too long. New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logisti

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5 Trends in Logistics That Are Likely to Dominate in 2018

Shipsy

For the logistics sector, 2018 will be seen as the year to capitalize on the major changes that have taken place in 2017. With new initiatives such as the introduction of GST, E-way compliance bill, ‘Infrastructure’ status granted to logistics, the Government is putting its full weight behind the logistics industry in the country. The coming year will tell us if companies in the sector can rise up and use the impetus provided by the Government.

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Why Workforce Productivity for Third Party Logistics and Wholesale Distribution Can’t Just be an Operational Issue Any Longer – Part 1 of 3

BlueYonder

Workforce productivity can’t just be an operational issue any longer. This has been put on the backburner for too long. New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logisti

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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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Intel Facing Class-Action Lawsuits Over Meltdown and Spectre Bugs

Supply Chain Brain

The flaws, called Meltdown and Spectre, exist within virtually all modern processors and could allow hackers to steal sensitive data although no data breaches have been reported yet. While Spectre affects processors made by a variety of firms, Meltdown appears to primarily affect Intel processors made since 1995. Three separate class-action lawsuits have been filed by plaintiffs in California, Oregon and Indiana seeking compensation, with more expected.

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What 2017 Reveals for Transportation Management Software in 2018

GTG Technology Group

Top Trends in Transportation Management Software Development. As 2018 approaches, leading companies will pioneer new trends in supply chain management. With new competitors using state-of-the-art technology, established companies need to adopt these technologies as well, integrating them into pre-existing systems or overhauling older systems. Those that do will transform into innovative companies that offer customers the best in transportation service.

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Boon Edam’s approach proves you don’t need perfect data to start implementing S&OP

AIMMS

The post Boon Edam’s approach proves you don’t need perfect data to start implementing S&OP appeared first on AIMMS.

S&OP 156
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Green Supply Chain News on New Interactive Tools Tracks Pollution by Chinese Textile Manufacturers Almost in Real Time

Supply Chain Digest

System Grabs Data from Sensors in Rivers Near Where Plants Discharge Waste Water

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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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Drones Connect with RFID to Catalog Inventory

MIT Supply Chain

Mismatches between inventory records and stock have long plagued the retail industry. A system being developed by the MIT Media Lab that uses an aerial drone to read radio frequency identification (RFID) tags on product packaging, could provide one solution to this perennial problem. Dubbed RFly, the system could also help to integrate warehouses and […].

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Supply Chain Graphic of the Week on World Bank Says Global Output Gap Gone for First Time in 10 Years

Supply Chain Digest

Globally, the Slack in Capacity Utilization is almost Gone

Global 32
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Why you don’t need perfect data to start implementing S&OP

AIMMS

An interview with Boon Edam’s Aron Waas. Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.

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Supply Chain News on Accenture on the Six Distinctions that Drive Procurement Excellence

Supply Chain Digest

Keys to Taking Procurement to New Levels

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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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FMIC Pulse –  Using Machine Learning and Real-time Data to Take Your Transportation Strategy to the Next Level

CHAINalytics

| By Matt Harding | Vice President, Freight Market Intelligence Consortium | Chainalytics | Those of us tasked with managing transportation budgets know firsthand that transportation freight markets are volatile and difficult to predict, often resulting in service disruptions or missed financial targets. Seeking to keep their transportation cost and service in control, global and … The post FMIC Pulse – Using Machine Learning and Real-time Data to Take Your Trans

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eCommerce Shipping: How Important is Fast Delivery?

Amware Logistics and Fulfillment

When it comes to keeping your online business competitive, it’s easy to believe that you need to match the aggressive speed of Amazon – or more accurately, its logistics arm, Fulfillment By Amazon. After all, fast delivery is what every online buyer wants most, right? Well, not always.

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UndergroundFPV design, create and link people to amazing products including racing drones

TradeGecko

Underground FPV use TradeGecko to have visibility into sales performance and ROI, create purchase orders easily and communicate with staff globally.

Global 60
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Why you don’t need perfect data to start implementing S&OP

AIMMS

An interview with Boon Edam’s Aron Waas. Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.

S&OP 156
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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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Food Logistics magazine recognizes PINC as 2017 top software and technology provider

PINC

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Driver Retention and Today’s Recruiting Strategies

3PL Insights

In the day and age of driver shortages, additional effort and creativity must be expended to ensure driver retention. Drivers have had the same complaints about the industry for decades. Now that there is a new generation of drivers coming aboard, it’s more crucial than ever to recruit in creative, efficient ways that give transparency to the benefits and operations of a company.

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RFID, AIDC and IoT News on Does Your Company Use Direct Thermal Bar Code Labels. Expect Costs to Keep Headed Up

Supply Chain Digest

Closing of Chinese Dye Factory Causes Global Thermal Paper Shortage

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Is Tesla’s Electric Semi Truck Ready for the Logistics Industry?

GlobalTranz

Tesla undoubtedly is one of the most influential firms of our time. Its prowess and footprint in the electric car market are increasing day by day. But, its most significant innovation yet was unveiled very recently with Tesla’s electric semi-truck. Debuted with much fanfare and drama by none other than the firm’s quirky CEO Elon Musk, who drove the truck to the podium himself, the electric semi truck looked highly futuristic.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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Chain Reaction for Jan. 9, 2018 on Time for 2018 Objectives

Supply Chain Digest

About that Decrease inTransportation Costs in 2018.

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