Tue.Sep 17, 2019

article thumbnail

Don’t Wait to Start a Supply Chain Digitization Practice

Talking Logistics

Digitization is not the future of effective supply chain management; it is the present. Organizations that are slow-walking the adoption of a digitization initiative are risking their competitive advantage and leaving significant money on the table across every link in the supply chain. Nevertheless, it is easy to understand why organizations might not pursue this.

article thumbnail

The Anatomy of the Kaizen Method and How to Apply It in Your Workplace

USC Consulting Group

In Spanish, it’s “mejora.” In Polish, it’s “melhoria.” In Norwegian, it’s “forbedring.” No matter how you say it, they all mean the same thing: “improvement,” or as it’s said in Japanese: “Kaizen.” It’s this latter use of the term that has gained notoriety in manufacturing circles as a workplace philosophy that has worked wonders for organizations in their ability to achieve more favorable outcomes on an on

How To 58
Insiders

Sign Up for our Newsletter

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

article thumbnail

Adapting to Uncertainty to Survive

Prophetic Technology

CEOS and CPOs could manage uncertainty more successfully by eliciting on their expertise, know-how and data, including signals from their competition. It will help to anticipate potential outcomes and detecting the place they are likely to happen. Given the technology already existing and its developing power, give your company time to act by reading their competitors’ most likely moves.

article thumbnail

Dealing with Unsupported Network Design Software? There’s a Silver Lining

AIMMS

It can be incredibly frustrating when the software you use to run your supply chain will become unsupported. This is happening with many on-premise solutions. Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer?

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

5 Reasons Why 5G Adds Value to Your Supply Chain

Logistics Viewpoints

5G connectivity will shape tomorrow’s fulfillment operations - nullifying latency, extending the cloud's reach, enabling real-time inventory status updates, supporting real-time analytics and more. It will provide at least ten times faster data transfer compared to 4G cellular networks. Event management of in-transit goods offers a great example of 5G’s value.

More Trending

article thumbnail

‘Tis the Season to Make Sense of Seasonal Demand with Machine Learning

ToolsGroup

Demand forecasting augmented by machine learning helps you better meet customer expectations with reduced inventory investment . By Alex Achour. Most companies view seasonality as a pattern of demand that has regular and predictable change occurring every calendar year, like beer sales rising in the midsummer months, and cold medicine in the winter.

article thumbnail

Supply Chain Professionals Are Not Boring

Enterra Insights

It really bothers some people that the term “supply chain” remains in wide use. For example, Kevin O’Marah ( @komarah ) writes, “‘Supply chain’ is a label with baggage. In some circles it is still seen as a low-tech, non-creative servant function hardly worthy of a Harvard MBA.”[1] To some the term might conjure up Sam Cooke’s lyrics in the song “Chain Gang”: All day long they work so hard.

article thumbnail

Supply Chain is not Only About the Money

DynaSys

Commonly, effective supply chains are defined as having the right product, at the right time, at the right place, in the right quantities, and of the right quality. Doubtlessly, the majority of business owners and Supply Chain Managers intend to execute all the factors mentioned above at the lowest possible cost. Having worked in supply chain for fourteen years in different areas from a Global Luxury brand to one of the biggest American IT corporations, I can say that executives seek projects an

article thumbnail

Sit Back or Lean In: The Options for Furniture Manufacturers Facing Impending Tariffs

CHAINalytics

Consumer goods and electronics manufacturers are busy figuring out what they’re going to do in December when President Donald Trump’s 10 percent tariff on an estimated $300 billion worth of Chinese imports takes effect. But that duty will impact much more than the highly publicized cell phone and laptop market — furniture will also be … The post Sit Back or Lean In: The Options for Furniture Manufacturers Facing Impending Tariffs appeared first on Chainalytics.

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

Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Supply chain professionals are hiking their spending on supply chain innovation—substantially.

article thumbnail

3 Factors That Are Driving Supply Chain Investments in a Q&A with Brian Higgins of KPMG [Video]

BlueYonder

With transparency and speed to market both top drivers for investments when applying supply chain strategies to business operations, how do companies truly optimize their efforts and investments? And what may hold them back? Incisiv’s Gaurav Pant interviews Brian Higgins of KPMG who shares his thoughts about the insights revealed from the recent Digital Supply Chain Investment survey , conducted by Incisiv, from JDA & KPMG.

Video 58
article thumbnail

Apprentice Systems with Attribute Based Planning

Adexa

Attributes are essential elements to define every aspect of a supply chain in as much granularity as needed. Attributes are found in every product, customer, supplier, equipment, tool, distribution center, method of transportation etc. To this end, attributes are dynamic constraints that can be defined by the users using Boolean expressions. An example of this would be: Only Supplier X is Qualified for Customer Y AND manufactured in NA OR Europe AND Processor Speed between 2 and 5 G.

article thumbnail

The Top 5 OMS FAQs of September

ITradeNetwork

Everyday, thousands of food and beverage companies use iTrade's Order Management System (OMS) for planning, order management, accounting, logistics, and more. Check out our customers' top 5 most frequently asked questions of the month.

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

Decision-Centric Planning

Vanguard Software

Focus on improving business outcomes by unifying and automating planning with a cloud-based integrated business planning platform.

article thumbnail

10 Minute Supply Chain & Logistics Strategy

Logistics Bureau

Why do so few businesses have a supply chain strategy? If it’s that important, I suggest that every business should have one that can translate up and down the organisation to fully understand. Besides, it’s not rocket science to put one together! Watch this 10-minute video to develop your Supply Chain Strategy fast. Subscribe to our Youtube Channel.

article thumbnail

3 Factors That Are Driving Supply Chain Investments in a Q&A with Brian Higgins of KPMG [Video]

BlueYonder

With transparency and speed to market both top drivers for investments when applying supply chain strategies to business operations, how do companies truly optimize their efforts and investments? And what may hold them back? Incisiv’s Gaurav Pant interviews Brian Higgins of KPMG who shares his thoughts about the insights revealed from the recent Digital Supply Chain Investment survey , conducted by Incisiv, from JDA & KPMG.

Video 40
article thumbnail

Supply Chain Management in e-commerce: het bijhouden van de groei!

EazyStock

De e-commerce sector heeft de afgelopen jaren een enorme groei doorgemaakt en staat net als in voorgaande jaren op het punt een recordomzetgroei te vestigen. Voorraadbeheer in e-commerce. Om onder deze snel veranderende omstandigheden te kunnen gedijen, moet elk e-commerce bedrijf zich aanpassen om de concurrentiestrijd niet te verliezen. Nieuwe spelers betreden voortdurend de markt, dus wees waakzaam.

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

CSCMP EDGE 2019: Enthusiasm Swells for the Supply Chain

Material Handling & Logistics

Supply chain professionals are optimistic about solving the pressing challenges of the field.

article thumbnail

Maslow’s Hierarchy of Supply Chain Needs: Reaching Industry 4.0 & Beyond

MPO Multi Party Orchestration

We’ve discussed how Maslow’s personal growth paradigm applies to industry leadership , as well as how it translates to a digital transformation strategy and reach those heights. Within the step-by-step journey we’ve mapped, your business may be well on its way to self-actualization, propelled to leadership by strategically leveraging some of the most innovative technologies.

article thumbnail

Kinaxis Certification Program introduces digital badges

Kinaxis

by Joe Cannata We live in a world where social media presence is on a steep rise, skill validation and verification is reaching new heights, and building your own brand is critical. To keep pace with the expectations of a credentialed workforce, Kinaxis is pleased to introduce digital badges to our certified base. Keeping pace with the modern economy.

article thumbnail

[PODCAST] A Look at the FreightWaves Pricing Power Index

GlobalTranz

Listen to “A Look at the FreightWaves' Pricing Power Index” on Spreaker. Freight Resources to Download A Guide to Maximize the Use of TMS Download White Paper Inbound Freight Costs: How Gaining Visibility Achieves Bottom Line Savings Download White Paper The 2019 Transportation Management Trends for all Shippers to Know Download White Paper How Technology.read More.

article thumbnail

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.

article thumbnail

‘Tis the Season to Make Sense of Seasonal Demand with Machine Learning

ToolsGroup

Demand forecasting augmented by machine learning helps you better meet customer expectations with reduced inventory investment . By Alex Achour. Most companies view seasonality as a pattern of demand that has regular and predictable change occurring every calendar year, like beer sales rising in the midsummer months, and cold medicine in the winter.

article thumbnail

Final Mile Provider Evaluation: 7 Questions to Ask

GlobalTranz

Final mile is changing in the wake of the “Uberization” of trucking and disruptors in the industry, says Transport Topics. The days of managing final mile with nothing more than a scan at delivery and a scan at departure have ended. Today’s shippers need to gain real-time visibility into shipment location and expected time of.read More. The post Final Mile Provider Evaluation: 7 Questions to Ask appeared first on Transportation Management Company | Cerasis.

article thumbnail

Take a Lean Approach to Digital Manufacturing to Double Productivity

DELMIA Quintiq

Although the fundamentals have been around for a while now, Digital Manufacturing has matured through this life cycle at a pace I have never seen before. Complete virtual validation of production processes is no longer a future goal. The solutions are available today. The question is no longer “if” I should participate, but “when” and how fast can we get it going?

article thumbnail

The Number One Reason Why People Buy with Steve Elwell

The Logistics of Logistics

[01:17] What is the number one reason people buy? A study on a huge sample size discovered that 38% of the sale is attributable to the salesperson; their behavior, expertise, and ability to provide a solution. [02:09] Talk a little about buying behavior before going further. The customer controls the sale. They’re going to buy or not buy based on a few things.

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

Actionable Insights: OEE Action Center Overview

QAD

In our previous Actionable Insights blog , we looked at the various predefined Action Centers made available by role, starting with the Chief Financial Officer (CFO) Action Center. Next we will provide an overview of the Overall Equipment Effectiveness (OEE) Action Center and the associated key performance indicators (KPIs). OEE Action Center Overview.

Metrics 111
article thumbnail

Flatbed shipments spike following Hurricane Dorian

DAT Solutions

Flatbed freight has lagged for much of the year, but demand spiked on the top flatbed lanes last week. A big part of that was due to increased activity from inland Southeast markets shipping into areas impacted by Hurricane Dorian.

Freight 89
article thumbnail

Benefits of B2B integration with iPaaS

Axway

These days, people may be wondering, what are the benefits of B2B integration with iPaaS? Consider iPaaS.

91