Fri.May 15, 2020

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The Importance of What-If Scenarios for Proactive Decision Making

Vanguard Software

What-if scenarios have been proven to be extremely beneficial tool, enabling planners to run simulations based off of demand forecasts and constrained modeling.

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

Not surprisingly, e-commerce spiked during the dark days of lockdown with physical stores closed and consumers with time on their hands to surf the internet. This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. Hitendra Chaturvedi, a professor at the Supply Chain Department of W.P.

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Seven Supply Chain Processes To Stop Doing In The Pandemic

Supply Chain Shaman

I remember standing in the temperature screening queue in Doha. As the line wound around multiple stations, my backpack cut into my shoulders. I was tired and cranky as I read the overview of MERS. As an United States resident, I was blissfully unaware of this virus and worried about catching my flight to Singapore. My ignorance of a potential pandemic was low.

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Coronavirus communication

Supply Chain Movement

For companies involved in supply chain, these are very hectic times due to the coronavirus pandemic currently sweeping the globe. In preparation for our European survey on the business impact of COVID-19, I called a handful of supply chain executives. Virtually all of them were pressed for time because they were hurrying from one call to the next. But they spared a couple of minutes to talk to me nevertheless, because they realized that a survey of this kind – when the heat is on – can reveal so

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Sustainable procurement: a platform to rebuild

Proxima

Pre-crisis we ran some research with Finance Leaders in the US and UK. Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. An additional 13% said they plan on integrating these topics into future business planning. The emerging truth was that sustainability was finding its way into corporate purpose.

More Trending

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Last Mile Distribution: The Global State of Last Mile in 2020

GlobalTranz

Global logistics spending will soar beyond $10.6 trillion annually in 2020. Of that figure, 70% derives from transportation costs, and more than 40% of the transportation costs are within last mile distribution, reports Material Handling & Logistics. Yet, the state of last mile in 2020 is changing to reflect the added surging demand in response.read More.

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Truck Parking On-Demand with Anthony Petitte at TruckPark

Freight Plus

Overview. A TruckerPath report in 2017 found that drivers lose approximately $600 in wages per month due to lost miles driving around looking for a place to park. That same survey found that 79% violated hours-of-service rules because they could not find parking. As the regulation of carriers hours of service increases, tools that help truckers gain back hours have become vital to the industry.

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This Week in Logistics News (May 9 – 15)

Logistics Viewpoints

As the world continues to turn during the coronavirus pandemic, we are all adjusting to the new normal. However, what that new normal will ultimately look like is still an unknown. But for now, there are certain things that we are getting used to, such as social distancing and wearing face covers. But how will businesses adjust to the new normal? I’ve seen a bunch of articles this week about what businesses are considering.

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SCB Podcast | The Game’s Afoot: Using Gamification in the Warehouse

Locus Robotics

Learn how gamification can dynamically boosts employee productivity. Gamification is being applied to the warehouse, as a means of boosting employee productivity and engagement. Bob Bowman of Supply Chain Brain explores its potential for use in the warehouse with Karen Leavitt, chief marketing officer with Locus Robotics. Karen explains what forms gamification can take in the warehouse, it’s benefits, and how Locus is integrating it into the picking process to encourage performance and engage wo

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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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Above the Fold: Supply Chain Logistics News (May 15, 2020)

Talking Logistics

It started with the newspapers. They stopped getting delivered on Monday. The next day, all television and radio stationswent dark and silent. Then on Wednesday, a loose thread was pulledand all the social networks unravelled, like old, moth-eaten sweaters. “Am I okay, doc?” I ask a faceless doctor. “You’re fine, son,” he says, taking a. Read more Above the Fold: Supply Chain Logistics News (May 15, 2020).

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This is the critical link to successfully reopening the US economy

Resilinc

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Rail intermodal sees historic shifts in wake of COVID-19

DAT Solutions

The COVID 19 pandemic has triggered a recent cratering in rail intermodal moves, particularly on the international container cargo portion of that business.

Cargo 180
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No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners.

ivalua

The post No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners. appeared first on Ivalua.

Sourcing 130
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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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Covid-19: Looking beyond profit. How small businesses are adapting and giving back.

TradeGecko

In the fourth installment of its kind, we continue to monitor commerce trends as they emerge and evolve as a result of the Covid-19 pandemic.

Trends 148
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Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage.

ivalua

The post Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage. appeared first on Ivalua.

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SupplyPike’s Christine Tan Makes the Fast 15

SupplyPike

For the past twelve years, the Northwest Arkansas Business Journal has created a list designed to recognize an exclusive group of 20-something professionals on the fast track to success in the Northwest Arkansas and Fort Smith metro areas. These honorees must show the potential to be leaders in business and to have made a significant impact on their companies.

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Procurement has allowed me to exercise creativity to solve business challenges and have a direct impact on company success

ivalua

The post Procurement has allowed me to exercise creativity to solve business challenges and have a direct impact on company success appeared first on Ivalua.

Exercises 130
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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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Supply Chain Weekly Wrap-Up: 05/08/20 – 05/14/20

All Things Supply Chain

Coronavirus will reverse globalization and create regional supply chains economists predict Economists have predicted that the coronavirus crisis will fundamentally reshape global trade as companies look to reduce their dependence…

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I have the ability to affect our company’s bottom line quickly and improve process efficiencies

ivalua

The post I have the ability to affect our company’s bottom line quickly and improve process efficiencies appeared first on Ivalua.

Company 130
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Feel Good Friday: Delivering Donuts by Drone

Freight Center

Who doesn’t love donuts? While they may not be the most nutritious food item, they can brighten your day. And when it comes to making fun happen during COVID-19 social distancing, this grandpa got it right thanks to donuts! Check out his innovative way he’s making his grandkids’ day.

Food 92
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Automotive Procurement: Time to Rethink Supplier Consolidation?

Supply Chain Brain

The concept of sole sourcing is as old as that of strategic sourcing. Call it vendor consolidation, volume concentration, or reduction of part-number proliferation, the endgame is always the same: reduce the number of vendors at the part and enterprise levels, to help drive cost efficiencies.

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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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Nerf N-Strike Hyper Fire Blaster Gear Repair with Scott N. Miller

Dragon Innovation

What happens if in the heat of battle you accidentally drop your Nerf N-Strike Hyper Fire Blaster and break a critical gear component? The battle is over and whole thing is a waste, right? Wrong. Using Onshape's cloud based CAD design software and a Markforged 3D printer, Dragon Innovation CEO, Scott N. Miller was able to design and 3D print a broken gear to get back in the action.

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How to Market Logistics Services: New Research Provides Direct Advice from Buyers

Logistics Marketing Advisors

Wouldn’t it be great if our prospects – the buyers of logistics products and services – told us the very best way to get and keep their attention? Well, they kind of have. Every two years, our firm has been asking these very questions and publishing the results in a report entitled, aptly, Marketing Logistics Services: How to Get, and Keep, the Attention of Buyers of Logistics Products & Services.

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Your e-Auction Process as an Essential Step in Procurement

ProcurePort

Originally, buyers and sellers had to meet in person for an auction sale to take place. Today, technological advancements have changed the procurement process via e-auction, or electronic auction. Just like the standard auction process, e-auction also involves buyers competing to buy goods or services from a seller. The only difference here is that it […].

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Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement

ivalua

At last week’s Ivalua NOW virtual event, Jon Stevens, President of JLL Digital, delivered the first keynote. JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. Stevens runs the side of the business that is working on new digitally-driven initiatives, and he had two main themes. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Employee Spotlight: Lucas Tallec brings motivation and hard work to Axway

Axway

Every month, we are sharing a spotlight, video and/or blog post, about an Axway employee, one of our great Griffins.

Romania 52
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Pandemic Hastens ‘Retail Apocalypse’ for Struggling Stores – The Wall Street Journal.

Operations and Supply Chain Management

I thought you would be interested in the following story from The Wall Street Journal. Pandemic Hastens ‘Retail Apocalypse’ for Struggling Stores. Download the Wall Street Journal app here: WSJ. – Bob.

Journal 40
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Mantoria and FLEXE: On-Demand Warehousing Crosses Borders

FLEXE

Mantoria Inc. partners with FLEXE to tap into U.S.