Tue.Aug 11, 2020

Service Level Should Be Your Number One Supply Chain KPI…But What Does It Really Mean?

ToolsGroup

To adapt an old saying, the idea that great service should be a top supply chain priority is as universally accepted as motherhood and the dominance of the ‘92 Dream Team. In fact, it’s one of the few things people wouldn’t disagree on these days. Despite this, however, there is surprisingly little consensus on the definition of ‘service level’ among those who work in supply chain and the customers their businesses serve.

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5 Returns Management Opportunities Through Digital Tech | Fast Feight Five VIDEO

Cerasis

[link] Customers around the globe have moved to increase e-commerce purchases in the wake of the COVID-19 crisis. Unfortunately, increases within E-commerce represent a major problem for the reverse logistics supply chain. Returns management within e-commerce have always been significantly higher than brick-and-mortar stores. However, the sudden surge in demand for e-commerce will inevitably contribute.read More.

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What Is the Difference Between Optimization Modeling and Simulation?

River Logic

Optimization modeling software optimization modeling Simulation Supply Chain Simulation

The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. In most countries since early spring, there has been an unparalleled wave of stockpiling by panicked consumers leading to near empty retail shelves. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

Facebook Causes Continue to Show Little Promise as Fundraising Tools

Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty

The Network Effect

The post Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty appeared first on The Network Effect. Featured Global Trade Supply Chain Management Warehousing global trade pandemic tariffs

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Great Wolf Resorts partners with Chainalytics to safely reopen lodges

CHAINalytics

Great Wolf Resorts’ top priority is the safety of its guests and employees. Their 19 Great Wolf Lodges in North America cater to families with kids 2-to-12 years old. Each resort has an indoor waterpark, family-friendly attractions, entertainment experiences, and much more. Safety is extremely important when you host hundreds of families at each resort, … The post Great Wolf Resorts partners with Chainalytics to safely reopen lodges appeared first on Chainalytics.

Is the Future of Agriculture Hands-free Farms?

Enterra Insights

Fears about food shortages during the coronavirus pandemic are both real and well-founded. Maximo Torero Cullen, Chief Economist at the Food and Agriculture Organization of the United Nations, notes, “[The] Food Supply chain is a complex web of interactions and of actors: producers, inputs, transportation, processing plants, shipping, etc.

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H&M Supply Chain Strategy - Successful Retail Inventory Control

TradeGecko

Fashion isn't just all about dressing up and H&M's supply chain procedures are a testament to that. Globally recognised for being a successful and expansive retail giant in terms of market and financial prosperity, H&M's. Inventory Management Best Practices

How To Improve Shippers' Communication With Carriers And Customers?

Abivin

? The Fast Moving Consumer Goods (FMCG) industry faces tremendous competition in the marketplace. With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1]. As a result, this challenge puts much pressure on logistics operations of each company.

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

What Is Reverse Logistics?

Freight Center

Most people are familiar with the traditional supply chain operation. Freight cargo moves from seller or manufacturer to the end customer, sometimes with the help of a third-party logistics company and sometimes handled internally through a large corporation. But the freight shipping world isn’t so cut and dry. What happens when customers need to send cargo and product back to the original shipper, or the intended end user isn’t the true final destination for cargo?

How Food Manufacturing Software Drives Profit [w Case Studies]

Unleashed

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients.

How to Survive the Next 100 Days in Your Job!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Work from Home in a Coronavirus World! The Coronavirus Pandemic has had a devastating impact on all of our lives. Many people have lost their jobs, either permanently or temporarily and indefinitely. Still others may have kept their jobs but been forced to take a pay cut or work reduced hours. And for many more they have had to start working from home which has its own set of complications.

The Great Logistics Technology Debate: Build vs. Buy

Turvo

As supply chain visibility and usability grow in importance, more companies find themselves reviewing whether the existing tech stack can live up to expectations or whether it’s time for a new logistics technology to take root. This, however, opens the door to another question, whether a company should build a fully custom, designed-for-specific-supply-chain-processes system or buy a ready-to-deploy, off-the-solution, such as Turvo.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

What Strategic Hazard Risk Management Can Do for You

American Global Logistics

When it comes to the occurrence of hazard risk, the question is “when” not “if”. There has been no shortage of hazard risks over the past several years. We’ve seen a rash of hurricanes, tsunamis, fires, etc. All have severely disrupted supply chains. Between 2017 and 2019, the NOAA reported 44 natural disasters or weather-related […]. The post What Strategic Hazard Risk Management Can Do for You appeared first on AGL.

Why Medical Device Companies Need End-to-End Inventory Visibility

DSI

The constant and rapid movement of inventory in the medical device industry wreaks havoc on manual, paper- and spreadsheet-based systems. Inventory visibility gaps result in missed orders or excessive safety stock. But with a holistic, real-time view of inventory across all points powered by mobile apps, medical device companies are capable of boosting productivity, maintaining compliance, optimizing inventory, and generating additional revenue.

Best Supply Chain Advice I was ever Given with Steven Thacker

Logistics Bureau

“The things that matter most should never be at the mercy of the things that matter least” – Stephen Covey, author of the book entitled ‘The 7 Habits of Highly Effective People’ Watch the video below for more supply chain advice from Steven Thacker, Executive Director at Logistics Bureau. Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: How to Advance Your Education at Supply Chain Conferences.

Results of Freight Technology Survey Point to Major Challenges

Haven

The coronavirus pandemic is proving a catalyst for shipping digitalization, prompting ocean supply chain stakeholders to abandon manual processes and embrace automated transport management solutions to drive business growth, according to our recent market survey, conducted by Shipping And Freight Resource. Technology

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Geico Taikisha and Dassault Systèmes Premiere “Smart Paintshop” at the Digital Factory Showcase

DELMIA Quintiq

Serving car manufacturers worldwide for over 50 years, Geico Taikisha , together with Dassault Systèmes , are set to revolutionize the world of turnkey automated car painting systems with the industry giant’s latest innovation—a new and improved Smart Paintshop.

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Doing Business in Italy

QAD

Italy is a beautiful country full of golden sunshine and rolling hills that support vineyards and olive groves. It is also a modern industrial country at the forefront of fashion, consumer goods and construction. Italy became a democratic republic in 1946, but it has always been among the leaders of political and economic movements in Europe. It was a charter member of NATO and the European Union as well as its subsequent iterations.

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Announcing the Global Women Supply Chain Leaders Awards 2020

Supply Chain Brain

Global Women Supply Chain Leaders (GWSCL) Awards 2020 is the first global initiative to honour and shine the spotlight on the dedication, passion and incredible success stories of women within the supply chain industry – cross-domain and from around the world

Five predictions for a post-COVID world

EFT

A new white paper from Bastian Consulting predicts that supply chains are going to see long-term transformation as a result of the COVID-19 pandemic. These changes will be focused on reducing the risk represented in supply chains by making manufacturing more robust and moving product closer to consumers, with tech providing cheaper means to produce and better capacity to follow shipments in real time. .

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

How Demand Management Enables Supply Chain and Financial Resiliency

Supply Chain Brain

The shock-resistant, resilient supply chain — demand management enables supply chain and financial resilience. “Black swan” events highlight the need to transform traditional supply chain methods. Supply chain leaders are particularly under pressure to collaborate across the organization to build an agile and shock-resistant supply chain.

Competition and confusion led to inefficient usage of medical supplies and massive back-ordering in US finds report

EFT

The US experienced a fragmented approach to securing supply that led to competition rather than coordination during the pandemic, according to a recent survey conducted by Premier Inc. The survey found that either the health system or the state is directing the majority of stockpiling efforts, although product back-orders are inhibiting requests to replenish the stockpiles and provide timely care.

#1 Pre-Peak Must Read — How AMRs deliver real-time solutions to real-life situations

Supply Chain Brain

As technology advances, so fulfillment processes are evolving. But the path to success lies in staying ahead of the curve and implementing the solutions that make a difference. This eBook describes how today's fulfillment leaders use supply chain robots to overcome challenges generated by ever-changing consumer trends. You'll learn how: Companies maintain throughput during peak periods at a minimal operational cost with Robots-as-a-Service.

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Competition and confusion led to inefficient usage of medical supplies and massive backordering in US finds report

EFT

The US experienced a fragmented approach to securing supply that led to competition rather than coordination during the pandemic, according to a recent survey conducted by Premier Inc. The survey found that either the health system or the state is directing the majority of stockpiling efforts, although product backorders are inhibiting requests to replenish the stockpiles and provide timely care.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.