Mon.Sep 16, 2019

article thumbnail

The Aftermath of a Capsized Cargo Ship

All Things Supply Chain

On September 8th, the cargo ship Golden Ray capsized off the coast of the state of Georgia. At the time, the ship was carrying 24 people and 4,000 vehicles.

Cargo 90
article thumbnail

The Next Big Thing in Inventory Optimization and Why You Need It

River Logic

These figures show that efforts at inventory optimization aren't bearing fruit as retailers grapple with the conflicting demands of omni channel retailing and, more recently, the unpredictability posed by trade wars and other global disruptions.

Modeling 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

With Brexit Looming, New Supply Chain Requirements Emerge

Brookes Supply Chain Planning Blog

On October 31st, the United Kingdom will leave the EU, with or without an exit deal. This, combined with the 2019 EU election results that changed the political landscape, opens speculation regarding this alternative reality, and what requirements it would put on companies in the EU.

article thumbnail

Big Ideas in Supply Chain | Lippert Components: Unexpected Benefits of Kinaxis

Kinaxis

by Sarah Harkins In any given year, your company manages a variety of risks that threaten to jeopardize your supply chain operations. In 2018, Lippert Components had acquired multiple businesses, and it was projected to continue growing in 2019. It was a stellar year for the company, but this growth also brought challenges. Lippert Components had to integrate its new acquisitions into its existing reporting practices.

article thumbnail

Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

article thumbnail

Siloed Systems and Processes Remain Big Barriers to Supply Chain Innovation

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published last week, “Focus on Customer Experience: Research on Supply Chain Priorities and Investments.” The research, conducted by Adelante SCM and the Council of Supply Chain Management (CSCMP), and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between.

More Trending

article thumbnail

How to Track Your Ocean Container with IoT

Roambee

Shipping overseas often means no continuous visibility beyond the port. If you ship overseas often, you’re probably familiar with the difficulty of tracking ocean shipments. Your containers become harder to trace once they leave a port, and if one of them doesn’t reach its intended destination, you usually have little more than a vague idea or delayed updates about where it went, and how.

article thumbnail

Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

By Evelyn Tao , Product Marketing Manager, Oracle SCM. Starting today, leaders of finance, operations, supply chain, human resources, marketing, and IT from around the globe are coming together at Oracle OpenWorld 2019. As a supply chain professional, OOW19 is the perfect occasion to adopt best practices, hear of the latest transformative technologies of today, and learn how businesses like yours can leverage this innovation for the future.

article thumbnail

Streamline Procurement Activities By Reducing Your Purchase Order Cycle Time

Unleashed

Purchase orders are the documents sent from the buyer to the supplier requesting goods or services that when accepted by the vendor forms a legal contract between the two parties. It also serves as a form of security for the supplier. Typically, purchase orders will provide detail of the items the buyer agrees to purchase and the agreed price per unit.

article thumbnail

A Summary of the “Gartner Critical Capabilities WMS Report”

Veridian Solutions

The “Gartner Magic Quadrant WMS 2019 Report” is extensive. It reviews the company status, strengths, and weaknesses of the leading WMS vendors in the United States and abroad. Unfortunately, the Magic Quadrant only scratches the surface on the capabilities of the WMS solutions offered. Therefore, Gartner publishes a sequential report, the “Gartner Critical Capabilities WMS Report,” to go into further detail about the WMS market and vendors’ services.

Gartner 45
article thumbnail

Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

article thumbnail

What Truck Driver Shortage?

Logistics Viewpoints

253
253
article thumbnail

DISRUPTIVE TECHNOLOGIES IN PROCUREMENT – IS THE CHANGE COMING?

Eyvo

Disruptive Technologies and the Change it’s bringing with it. by Bhargavi Nake. Advances in technology are not new. Digital procurement has been the talk of the town in the industry. The fact that it has benefited and fundamentally transformed the business supply chain is proof enough. As a result, companies should be ready for such disruptions in every aspect of procurement.

article thumbnail

Fixing supply chain inefficiencies: what we did and why it’s hard

Provenance

We tried to solve trade inefficiencies to create social and sustainable impact. It was not easy. Back at the end of 2017, we announced the start of a pilot that we’d be spearheading with Unilever, Cambridge University and a consortium of businesses, banks, and NGOs. We launched this with the mission to unlock the financial incentives that reward sustainability in supply chains.

article thumbnail

Tips to Improve Final Mile Delivery Strategies

GlobalTranz

The final mile delivery market will climb to more than $55 billion by 2025, says MarketWatch, and if shippers wish to remain in front of consumers, they must enhance their use of final mile delivery strategies. Unfortunately, today’s final mile strategies have common problems that derive from the limited scans and visibility into that last.read More.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

article thumbnail

Supply Chain News on Prologis Inks Major New Tenants for Its MultiStory DC Near Seattle

Supply Chain Digest

Amazon and Home Depot Moving In to Support Next and Same Day Deliveries

Seattle 32
article thumbnail

Logistics Platforms: Ways Companies Can Win In the Digital Era

Supply Chain 24/7

A digital logistics industry deserves truly digital solutions – that means open, interoperable, and building on what has gone before, not making the same old mistakes in new ways.

article thumbnail

Retail Imports Surging Again Ahead of More Tariffs

Material Handling & Logistics

Imports at the nation’s major retail container ports reached unusually high numbers just before new tariffs on goods from China took effect September 1 and are expected to surge again before another round of tariffs takes effect in December.

Retail 58
article thumbnail

The Bridgestone World Solar Challenge Tests the Boundaries of Energy Efficiency

CH Robinson Transportfolio

C.H. Robinson is full of people you can rely on who are always up for a challenge. On a daily—and sometimes hourly—basis, our local experts in offices around the globe help ensure logistics problems are resolved in real-time. Like the students and teams who compete in the Bridgestone World Solar Challenge , our people never back down from a challenge.

article thumbnail

From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

article thumbnail

Logistics Platforms: Ways Companies Can Win In the Digital Era

Supply Chain 24/7

A digital logistics industry deserves truly digital solutions – that means open, interoperable, and building on what has gone before, not making the same old mistakes in new ways.

article thumbnail

CIOs share the secret formula for digital transformation

TrackVia

It’s clear that digital transformation is more than a trend or buzzword these days; it’s now considered essential to business success. Every business wants to flex their innovation muscle, and with data breaches scorching headlines lately, it’s no surprise that CIOs are the new hot commodity. In fact, the executive search firm Caldwell Partners declared recently that there’s a “full-on war for cyber talent” which is why big tech firms on the West Coast are offering as much as $6.5 million per ye

article thumbnail

Join Herlitz IM at the ROFDA-NGA Conference

Herlitz Inventory Management

Join the Herlitz team November 7-10, 2019 at the Sawgrass Marriott Golf Resort & Spa. The National Grocers Association (NGA) and the Retailer Owned Foods Distributors & Associates (ROFDA) are merging their fall events into one loarge conference in 2019. This combined event will bring together senior decision-makers and business leaders from across the supermarket industry.

article thumbnail

The Importance of Transparency in Supply Chains

Enterra Insights

In the information age, it’s difficult to hide things you would prefer to remain undiscovered. This is as true for businesses as it is for individuals. Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. They are demanding more supply chain transparency. Alexis Bateman ( @hickmana ), Director of MIT Sustainable Supply Chains, and Leonardo Bonanni ( @amerigo ), founder and CEO of Sourcemap, write, “The concept of s

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

article thumbnail

Prof Rick Hillum at Claritum shortlisted for Tech Southwest Leadership Award

Claritum

Claritum Article - Procurement Blog. Bath, UK (Sep 16, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that Prof Rick Hillum, our Executive Chairman, has been shortlisted for The Tech Leadership Award, an award from Tech South West Awards. “I am so pleased to be nominated for this award.” said Prof. Richard Hillum, Executive Chairman at Claritum.

article thumbnail

Deadstock – Meaning, Causes, Prevention and Remedies

EMERGE App

Introduction. Any business that deals with physical goods will encounter something called deadstock. It happens when your inventory doesn’t move for various reasons. Basically, these goods are not saleable and they’re taking up valuable warehouse space. And they’re adding to the holding cost of inventory. What can you do about deadstock?