Mon.Jul 30, 2018

article thumbnail

Indiana Jones and the supply chain bullwhip effect

Kinaxis

by Joe Cannata According to the European Journal of Operational Research , the term ‘bullwhip effect’ was first coined by Procter & Gamble (P&G) in the 1990s in reference to the order variance amplification phenomenon observed between P&G and its suppliers.”. A small shift in customer demand essentially cracks the whip, and the further a supplier is from the demand, the more significant the impact, which inevitably leads to increasing swings in inventory for suppliers.

Indiana 120
article thumbnail

Blockchain for Logistics: Preparing for the Opportunities

Talking Logistics

Without a doubt, blockchain is currently the most talked-about new technology — it’s also the most confusing, especially for supply chain and logistics professionals who are trying to understand its potential role and benefits. What are some of the potential use cases for blockchain in logistics? What are the main barriers to adoption? What should companies do today to adequately prepare?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Robots with Swarm Intelligence

Logistics Viewpoints

Robots with swarm intelligence. Austrian headquartered Agilox designs and manufactures mobile logistics robots that use “swarm intelligence” to intelligently navigate through warehouses and factories, delivering pallets and totes where they are needed. This article discusses this technology. The post Robots with Swarm Intelligence appeared first on Logistics Viewpoints.

article thumbnail

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

GlobalTranz

The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in

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

FMCG Co-packing and Re-packing Management

Enchange Supply Chain Consultancy

Whether you call it co-packing or re-packing this involves the further manipulation of a previously finished and complete SKU. Look around the shelves and the evidence of extra expense and work is displayed by special stickers, multi-packs and banded promotions amongst many others. The impact this has on your Supply Chain is potentially huge. I will park the question of the value (or waste) of these activities for another day but where is the best place to carry out such operations?

More Trending

article thumbnail

Why Supply Chain Transformation is Inevitable

Enterra Insights

Change and transformation are never easy, especially if what you have been doing has proven successful. You know the old saying, “If it ain’t broke, don’t fix it.” Supply chain professionals would love that aphorism to be true. Alexa Cheater ( @Alexa_Cheater ), Product Marketing Manager at Kinaxis, reminds us, “Working in supply chain means getting comfortable with change — changes in supply, changes in demand, changes in capacity, etc.

article thumbnail

Sustainable Supply Chain Initiative Opens Public Consultation

Material Handling & Logistics

“The initiative will provide buyers and suppliers with clear guidance on which third-party auditing and certification schemes cover key sustainability requirements and apply robust verification practices,” said Chris Tyas, Global Head Supply Chain, Nestlé SA. The Consumer Goods Forum’s Sustainable Supply Chain Initiative (SSCI) has opened the global public consultation of its first set of benchmarking criteria and is inviting all stakeholders to participate in this public consultation ahead of t

article thumbnail

Aborn & Co. Names Jill Clifford as President

Freight Plus

NORWELL, Mass., July 30, 2018. -- Aborn & Co., a leader in managed freight solutions and transportation strategy, announced today that Jill Clifford has been named as President of the company. Clifford has over 25 years of leadership experience in a variety of high acting roles with Aborn & Co. She has handled nearly every job at the company, including business development, marketing, accounting, and customer relations.

article thumbnail

Alternatives to Blockchain in Supply Chain

Logichain Solutions

With the buzz around blockchain, many important supply chain concepts are being used interchangeably and create confusion. Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? Or is it to achieve more transparency in the supply chain? Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics

article thumbnail

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.

article thumbnail

Lessons Learned from an Accidental Career in Supply Chain

APICS

I found my calling in supply chain. Here are four lessons learned while embarking on this career.

article thumbnail

Alternatives to Blockchain in Supply Chain

Logichain Solutions

With the buzz around blockchain, many important supply chain concepts are being used interchangeably and create confusion. Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? Or is it to achieve more transparency in the supply chain? Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics

article thumbnail

Supply Chain News on Amid Never Ending Truck Driver Shortage, Government and Carriers Look to Expand the Pool

Supply Chain Digest

Industry Looks to Minorities, Women, and Most Controversially Younger Drivers

article thumbnail

Alternatives to Blockchain in Supply Chain

Logichain Solutions

With the buzz around blockchain, many important supply chain concepts are being used interchangeably and create confusion. Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? Or is it to achieve more transparency in the supply chain? Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics

article thumbnail

Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

article thumbnail

Secrets of Shipping Leaders: How They Get Better Truckload Service and Pricing [Video]

Talking Logistics

Steve Raetz, Director of Research and Market Intelligence at C.H. Robinson , discusses the following questions and more in this timely and informative episode: What was the goal of this new research project? How do you define and measure a perfect shipment? How do Leaders compare to Laggards when it comes to Perfect Shipments? One of the key findings is that leaders rationalize their truckload supplier base.

Video 100
article thumbnail

Alternatives to Blockchain in Supply Chain

Logichain Solutions

With the buzz around blockchain, many important supply chain concepts are being used interchangeably and create confusion. Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? Or is it to achieve more transparency in the supply chain? Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics

article thumbnail

Cyber Safety and Security in the Internet of Things

EHS Sustainability Knowledge at Work

In 2015, WIRED magazine published an article that raised grave concerns among carmakers and car owners around the world. The article’s author allowed computer hackers to break in to and control his Jeep’s functions. These remote hackers were able to kill the engine and the brakes while the vehicle was travelling at 70 mph on the freeway. Their hack wasn’t specific to this particular Jeep, either.

article thumbnail

Alternatives to Blockchain in Supply Chain

Logichain Solutions

With the buzz around blockchain, many important supply chain concepts are being used interchangeably and create confusion. Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? Or is it to achieve more transparency in the supply chain? Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics

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

Overcoming Employee Engagement Challenges

Procurement Academy

Low employee engagement represents a major challenge for various organizations. It is essential that businesses engage with their staff to keep their workforce motivated and productive since the poor employee engagement can lead to a company’s downfall. A 2012 report states that companies around the globe are spending $720 million USD a year on improving… The post Overcoming Employee Engagement Challenges appeared first on Procurement Academy.

article thumbnail

10 Ways Real-Time Monitoring Is Revolutionizing Manufacturing

IQMS

Bottom Line: Data and the intelligence it delivers are revolutionizing manufacturing, making real-time data the new currency supplier networks need to thrive and grow on. A Vice President of Operations for a leading supplier for medical products manufacturer told me recently that “real-time data and the knowledge we gain from it is more valuable than cash.

article thumbnail

Simple Guide to Perfect Change Management for SaaS Software

Loginext

Tech adoption and change management go hand in hand. You may invest billions in the latest tech, but if your people aren’t using it properly and getting the most benefit out of it, you would never see the full extent of benefits. How to avoid this? Train your folks in the best way of doing things.

article thumbnail

Aborn & Co. Names Jill Clifford as President

Freight Plus

NORWELL, Mass., July 30, 2018 — Aborn & Co., a leader in managed freight solutions and transportation strategy, announced today that Jill Clifford has been named as President of the company.Clifford has over 25 years of leadership experience in a variety of high acting roles with Aborn & Co.

Freight 40
article thumbnail

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.

article thumbnail

Used industrial equipment: 5 articles to read

Exapro Hub

Looking for information about used industrial equipment doesn’t take a lot of your time if you know where to get it. Since the last years, more and more visitors around the world have found the Exapro Hub to help them get the right information for their search. To begin, the whole Exapro team would like to thank all of you for your daily visits and attention.

article thumbnail

Elementum Reports: The Most Transformative Supply Chain Technologies of the Year (So Far)

Elementum

At the start of 2018, we predicted the trends and technologies that would have the greatest impact on the global supply chain. And as the year speeds into its second half and supply chains hurry to catch up with it, companies are continuously reshaping their business models to meet the digital revolution head-on. How did our list measure up to current trends?

article thumbnail

RFID, AIDC and IoT News Round Up for July 31, 2018

Supply Chain Digest

Tamper Proof RFID Label. Food Distributor Finds ROI from Tracking Reusable Totes with RFID.

Food 32
article thumbnail

Elementum Reports: The Most Transformative Supply Chain Technologies of the Year (So Far)

Elementum

At the start of 2018, we predicted the trends and technologies that would have the greatest impact on the global supply chain. And as the year speeds into its second half and supply chains hurry to catch up with it, companies are continuously reshaping their business models to meet the digital revolution head-on. How did our list measure up to current trends?

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

The Need for Flexible Business Models – for TMS and Mexican Sushi

Tailwind

“Honey, honey, can we like go for sushi tonight?”. “Gee, I was hoping for Mexican.”. “Look… it’s a Mexican & Sushi restaurant honey… wow!”. You can imagine how lucky this couple felt while driving around one of the suburbs of Vancouver. The other day I was in Richmond, an affluent, and busy, suburb of Vancouver, when I came across this sign.