Thu.Oct 25, 2018

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Introduction. Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. They do not resemble your physical flow of goods, but rather, they allocate costs to either cost of goods sold or your ending inventory.

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How to Enhance Your Order Fulfilment Processes

Unleashed

Order fulfilment plays a big role for any company with inventory. Without an order fulfilment process, a company wouldn’t be able to deliver their product to their customers. It is an involved process and it begins from the moment a customer places an order and only finishes when the product has landed successfully in the customer’s hands. The scope of the order fulfilment process is massive.

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The Iran Sanctions Are Coming for Your Supply Chain

Material Handling & Logistics

The decision dramatically increases the number of companies that 'touch' a single shipment. Most people—even those whose businesses require shipping products internationally—would be surpised to learn just how many companies are involved in the shipment of one 40-foot container. Even the most conservative estimate places the count around 10: (i) the seller, (ii) the insurer, (iii) the origin warehouse, (iv) the origin trucker, (v) the ocean carrier, (vi) the destination trucker, (vii) the destin

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Halloween Candy – A Scary Supply Chain Planning Problem

Logility

I admit, I love to eat Halloween candy as much as most grade school children (maybe more). My favorite: candy corn of course! What’s not to like about candy that is sugar mixed with more sugar! I am not the only one with a sweet tooth, according to CandyStore.com, this year Americans will spend more than $2.6B on trick-or-treat candy. I have to believe dentists see this number as both scary and job security.

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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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Digital Transformation: Why It’s Not an ‘Easy’ Button [Video]

Talking Logistics

Roger A. Ciarleglio, SVP Sales, North America at Elemica , discusses the following questions and more in this timely and informative episode: How do you define Digital Transformation, and from your perspective, where are most companies today on this journey? When you talk to your clients and prospects, what are they trying to achieve with digital transformation?

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3 Common Challenges You’ll Face with Order Fulfilment

Unleashed

With the speed that retail moves these days, it’s understandable that the order fulfilment process can bring on some difficult challenges for businesses. Customers have demands to be met around the clock. It’s essentially a requirement for businesses to have an online presence and a highly functional eCommerce platform. However, this means that orders can potentially come from all around the country and the world.

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Manufacturing Supplier Assessment in China: 20 Key Questions to Ask

Insights Solutions Global

Mass producing your products in China? Not entirely sure what's going on in the supply chain in China? Not sure if your supplier is doing what they claim they are doing? It's time for you to run an assessment on your supplier. Read and see how to do it.

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Supply Chain by the Numbers for Week of Oct. 25, 2018

Supply Chain Digest

Walmart Building New Highly Automated DC. Impact of Tariffs on US Manfacturing Costs, for Now. Trucking Capacity and Demand Now Balance, ACT Says.

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The Benefits & Drawbacks of WMS in the Cloud

Veridian Solutions

Cloud-based technologies are among the latest innovations impacting supply chain and warehouse management. The concept of a software-as-a-service (SaaS) platform allows users to tap into the enterprise-level software at a fraction of the cost of developing and maintaining systems in-house, reports Chad Collins of Supply and Demand Chain Executive. One of the potential applications of cloud-based technologies includes the use of a WMS in the cloud.

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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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2018 MHI Annual conference ‘Last Mile’ panel session review

Tecsys

On October 16 2018 I had the good fortune to represent Tecsys on a panel session “Smart cities and the last 50 feet” at the 2018 MHI annual conference. The panel was an hour of discussion around the topic of changes in last mile logistics technologies and how they will impact industry over the coming five years and I have to say it was a lot of fun and really educational.

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The new in-store experience has arrived, and yes, it’s digital.

BlueYonder

Retail is never going to be the same. Evolving consumer expectations, a fast-moving marketplace and new technologies are bringing a new in-store customer experience. Ready for a look at the future? It’s completely unrecognizable and undeniably digital. Even while more shopping centers are closing, signs of the future physical store experience are quickly coming into focus and no business can afford to look away.

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Manufacturing Supplier Assessment in China: 20 Key Questions to Ask

Insights Solutions Global

Mass producing your products in China? Not entirely sure what's going on in the supply chain in China? Not sure if your supplier is doing what they claim they are doing? It's time for you to run an assessment on your supplier. Read and see how to do it. The post Manufacturing Supplier Assessment in China: 20 Key Questions to Ask appeared first on Insight Solutions Global.

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WEBINAR: Integrated Supply Chain Planning & Execution Using SAP IBP & SAP Ariba

Bristlecone

Learn: The importance of a digital E2E-Process for optimized corporate results. What benefits can be achieved by addressing symptoms and challenges. How this integrated approach becomes a reality based on SAP IBP and SAP Ariba. WATCH WEBINAR. The post WEBINAR: Integrated Supply Chain Planning & Execution Using SAP IBP & SAP Ariba appeared first on Bristlecone.

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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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Unpacking the benefits of global freight consolidation

CH Robinson Transportfolio

Have you ever played Tetris? If so, you already have some understanding of what it’s like to manage a consolidated shipment. Unlike Tetris, success is more than a blinking screen of lights—it’s building a global freight consolidation strategy that is solid, effective and consistent. As a result, you will save both time and money while operating your supply chain.

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[WHITE PAPER] Acing the E-Commerce and Logistics Game Means Going Back to the Basics with an Eye on the Future

GlobalTranz

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “Acing the E-Commerce and Logistics Game Means Going Back to the Basics with an Eye on the Future” white paper! This is a must read for those who are looking to master e-commerce logistics! Get a free copy of the white paper by filling out the form to the right.

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Supply Chain Cartoon Caption Winners for September 5, 2018 Contest

Supply Chain Digest

Sue Grimmler of Troy, MI and Henry Canitz of Logility Take Home the Prize with Great Captions

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How to Build a Competition Slaying FMCG Route to Market Strategy

Enchange Supply Chain Consultancy

Welcome to my blog series on the 20 Steps to Route to Market Excellence model. The purpose of this model is to assist and guide consumer goods professionals when they are putting together their strategic and operational plans to tackle their Route to Market (RtM).

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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 Comment on The Great DC Labor Crisis

Supply Chain Digest

Growth in Wages Finally Starting to Catch Up with Growth in Jobs, but Dynamics Vary Significantly by Market

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Dynamic Logistix: What to Consider When Selecting a TMS Partner for a 3PL Business

3GTMS

Transportation management systems (TMS) are used by a variety of organizations, but 3PLs have unique requirements to keep in mind when considering a TMS vendor. In this lively discussion with Talking Logistics, Jeff Auslander of Dynamic Logistix, a 3Gtms customer, notes that it’s an exciting time for transportation professionals because TMSs are more innovative and aligned […].

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Living Life on the Edge (Computing that is)

Enterra Insights

Almost everyone has heard about cloud computing and the fact most businesses are moving many of their IT operations to the cloud. More recently, however, there has been a lot of discussion about edge computing. The reason for this surge of interest is the rise of the Internet of Things (IoT). Analysts from CB Insights note, “The cloud is no longer sufficient to instantaneously process and analyze the troves of data generated — or soon to be generated — by IoT devices, connected cars, and o

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How to Reduce Variability in Healthcare Inventory

Hybrent

Ambulatory surgery centers, like other businesses, must be in control of how much inventory they have and where that inventory is going. Inventory variances and inaccurate quantities on hand will likely put your patients at risk, jeopardize your level of clinical care, and frustrate caregivers within your organization. Loss of inventory also equates to loss of revenue.

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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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Manufacturing 101: A comprehensive introduction

TradeGecko

The advent of eCommerce has seen many entrepreneurs trying their hand at developing and pushing products into the consumer market.

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5-Step Successful Vendor Selection & Supplier Sourcing Process

Insights Solutions Global

Your current supplier not producing on time and on budget, and you're thinking about switching to a different supplier. What should you do this time to make sure that you're on the right path to select an ideal supplier? Read and find out.

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5.5 Advantages of Cleaning Your Transportation Data

Freight Plus

The jury is no longer out; The Age of Data is here. Data beat Ken Jennings and it knew what I would buy online a month before I did.

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E-Commerce Horror Stories and How to Avoid Them

Saleswarp

Don’t scare your customers away with these e-commerce nightmares this Halloween! We’ve come up with a list of terrifying situations that can pop up during the holiday season and how you can avoid them. Take a peek if you dare…. Overselling During Cyber November. It’s the first Monday after Thanksgiving which means Cyber Monday is in full effect! Your store is backed up with orders that haven’t even been processed for shipping and you’re not so sure how much products you have in stock, in fact, y

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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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The new in-store experience has arrived, and yes, it’s digital.

BlueYonder

Retail is never going to be the same. Evolving consumer expectations, a fast-moving marketplace and new technologies are bringing a new in-store customer experience. Ready for a look at the future? It’s completely unrecognizable and undeniably digital. Even while more shopping centers are closing, signs of the future physical store experience are quickly coming into focus and no business can afford to look away.

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Finding the Optimal California Warehouse Space for Your Products

West Coast and California Logistics

California. A very big state with a very big population. In fact, it’s the largest consumer market in the U.S. and thus a very sensible place to have a distribution center. Making California even more sensible, from a distribution perspective, is the fact that most of the Pan-Pacific freight arrives via its ports. For many companies, these combined facts make logistics strategy simple: place a DC in California close to the arriving port and the West Coast distribution riddle is solved.

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Is Powerloop Good for the Freight Business with Andrew Kelley

The Logistics of Logistics

download the audio file. [0:43] Please tell us about your background. Andrew Kelley is a global technology executive focused on logistics and supply chain software. He is CEO of Bell Creek Partners consulting to lower middle market private equity firms and with the objective of buying a single platform business to run as CEO. Previously he was with Vista Equity-backed Omnitracs as President of Haulme and VP Corporate Development.