Mon.Apr 29, 2019

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Digital Representation and our Obsession with Optimization

AIMMS

I’ve watched many times as customers experience the power of modeling and prescriptive analytics for the first time. It’s like they are opening a great gift. True mathematical optimization is so incredibly attractive to supply chain professionals, that despite a crowded field of supply chain planning technologies getting to a point where you can hit the ‘optimize’ button, watch as the technology runs through thousands, sometimes millions of permutations, and marvel at the fully formed prescripti

Modeling 282
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New advisory report highlights benefits of concurrent planning

Kinaxis

by Teresa Chiykowski. In its January 2019 Research Advisory report, 2019 Predictions for Industry and Global Supply Chains , The Ferrari Consulting and Research Group advised supply chain management teams to prepare for continued higher levels of global supply chain risk , complexity and overall uncertainty. At the same time, organizations must be prepared to meet industry needs for increased digital transformation and highlights benefits of concurrent planning in this period of business uncert

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Digital Representation and our Obsession with Optimization

AIMMS

I’ve watched many times as customers experience the power of modeling and prescriptive analytics for the first time. It’s like they are opening a great gift. True mathematical optimization is so incredibly attractive to supply chain professionals, that despite a crowded field of supply chain planning technologies getting to a point where you can hit the ‘optimize’ button, watch as the technology runs through thousands, sometimes millions of permutations, and marvel at the fully formed prescripti

Modeling 156
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Three Ways Supply Chain Finance Can Fund the Future

Material Handling & Logistics

Supply chain finance improves cash flow by allowing buyers to optimize their cash conversion cycle by focusing strategically on payment terms with their suppliers.

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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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The Teetering Relationship Between Inventory Control and Profit

Unleashed

The control of inventory and the effect it has on a company’s profit is inextricable and should be duly noticed by anyone attempting to manage sales and inventory. What many companies fail to fully appreciate is that inventory and cash can often be thought of as one and the same. If too much cash is invested in purchasing inventory in the hopes of future sales, it comes directly off the bottom line until it is recuperated through sales.

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Digital Transformation of Warehousing by Industry: What You Need to Know

Veridian Solutions

The digital transformation of warehousing affects every supply chain. The days of handling processes manually and tracking operations with limited technologies are ending. In addition, the demands of consumers for increased transparency, better accountability, and faster throughput will cause the digital transformation of warehousing to accelerate. Supply chain leaders need to know more about the digital transformation of warehousing within these leading industries for supply chains.

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Visit Rootstock At These Upcoming International Events

Rootstock

We are pleased to announce a series of upcoming international events, several sponsored by Salesforce.

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WEBINAR: Bristlecone’s Spend Management and Spend Analytics Solution – Wednesday, May 22nd, 2019 | 9:00 AM – 10:00 AM PST

Bristlecone

Suppliers are a critical part of any supply chain—and so is cost control. For supply chains, it’s imperative to have full control over supplier spend, and that requires end-to-end visibility. Thanks to digitization and automation, this visibility is possible. Join us for our webinar, Bristlecone’s Spend Management & Spend Analytics Solution, to learn how you can gain control over supplier spend for an optimized, uninterrupted chain.

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Supply Chain News on Amazon Roils eCommerce Market with Free One Day Shipping, as Walmart and Target Quietly Pursuing Same Day

Supply Chain Digest

Union Argues Amazon Next Day will just Make FC Associates Work Harder

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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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WEBINAR: Gain Competitive Advantage Leveraging Bristlecone’s IP for High-Tech and Semi-Con on S/4HANA – Thursday, May 16th, 2019 | 10:00 AM – 10:45 AM PST

Bristlecone

Faster. Stronger. Leaner. These are just some of the pressures that high-tech and semi-con supply chains face. Add in an ever-changing industry, volatility and requirements for faster turnaround times and better control, and it’s clear that businesses must harder than ever to stand out from the rest. Focusing specifically on semi-con and high-tech industries, our webinar, Gain Competitive Advantage by Leveraging Bristlecone’s IP for S/4HANA, will show you how to increase visibility and operati

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Evolve or Fail: 2019 Set to Bring Higher Compliance Violation Costs in Inbound Logistics

GlobalTranz

Inbound freight management is evolving in the wake of new technologies and services that offer end-to-end visibility in inbound freight processes. The period of supplier-controlled operations is also ending, but some remain in their dominant positions. As a result, they may violate the rules and standards within the inbound freight routing guide, but that is.read More.

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Amazon Prime Free 1-Day Delivery: Do We Really Need It?

Talking Logistics

Amazon reported a record $3.56 billion in quarterly profit last week. But it also warned that spending will pick up again this quarter, especially as it raises the bar yet again on delivery. As reported by the Wall Street Journal : One of the coming costs is the $800 million the company has earmarked in the second quarter to shift its Prime free two-day shipping program into a free one-day delivery as it faces competition from big-box retailers.

Journal 102
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Digital Transformation Requires Cognitive Technologies

Enterra Insights

When Neil Armstrong took his first step on the moon, there were people still living who remembered a time before airplanes took to the air. Those people marveled at the pace of technology advancement. In the half century since Armstrong and Buzz Aldrin strolled on the Moon’s surface, the pace of technological advance has only increased. As a result, company executives can feel the business landscape shifting beneath their feet.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Top 10 Most Corrupt Countries of 2019

Material Handling & Logistics

According to the 2018 Corruption Perceptions Index released by Transparency International, the continued failure of most countries to significantly control corruption is contributing to a crisis of democracy around the world.

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Post-Easter rebound doesn't reach truckload rates

DAT Solutions

Although van freight volumes recovered following Easter week, it wasn't enough to boost the national average van rate, which remains at $1.81/mi. That's 4¢ below the March average, as truck availability has kept prices in check throughout April. On the top 100 van lanes last week, 37 lanes were up, 51 were down and 12 were neutral. Some good news: freight volumes are higher this year than they've been the past 3 years (see chart at bottom), and the van load-to-truck ratio rose 25%, meaning

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You Can’t Go Slow: Welcome to the World of ‘Blitzscaling’

Supply Chain Brain

Imagine yourself at the head of a company that’s on the brink of dizzying growth — a 50-fold increase in employees, and 300 times revenues — within the next three years. Would you be excited or scared?

Company 83
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Lagging produce volumes hurt reefer rates

DAT Solutions

Expectations of a post-Easter rebound failed to materialize in reefer produce freight last week. Truckload demand in Florida continued to build, especially late in the week, but rates were mixed. Lakeland, FL had about 20% more loads, but Miami saw loads fall about 8%. On the top reefer lanes last week, rates increased in 27 lanes, decreased in 41, and 4 lanes remained neutral.

Miami 70
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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.

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Understanding Machine Learning: A New Era of Intelligence and Business

SYSPRO Smarter ERP

I’m sorry, Dave. I’m afraid I can’t do that. Ever since the fictional ‘sentient computer’ HAL 9000 went rogue in ‘2001: A Space Odyssey’, people have been uneasy about the idea of machines being able to think for themselves. Recent business thinking has come around to the more enlightened view that machines that are exclusively programmed […].

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ProMat 2019: Lessons learned for the year to come

SnapFulfil

Another ProMat show has come and gone – and as always, I’m amazed by the show’s scope and the impressive amount of materials handling technology on display. Whether you needed a solution for picking and packing, tracking inventory or managing shipping and returns, there were multiple options on display for any size fulfillment operation.

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Does Personalising Your B2B eCommerce Store Really Drive Sales?

Unleashed

As consumers in this data-driven world, we now expect personalised shopping experiences that are tailored to our needs. Similarly, B2B buyers increasingly expect similar online shopping experiences to what they experience in B2C digital commerce — they want round-the-clock availability and a personalised approach. Companies who have fully invested in all types of personalisation will outsell by 20% companies that haven’t.

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Transportation Analytics: 4 Tips to Shift from Reactive to Proactive Analytics

EnVista

Shippers today are feeling the pressure from both customer and carrier more than ever. While we live in an age where same day delivery and free shipping have become an expectation from the customer, we also live in a time where dimensional weighting and quarterly accessorial increases have become a reality from the carrier.

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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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Does Personalising Your B2B eCommerce Store Really Drive Sales?

Unleashed

As consumers in this data-driven world, we now expect personalised shopping experiences that are tailored to our needs. Similarly, B2B buyers increasingly expect similar online shopping experiences to what they experience in B2C digital commerce — they expect round-the-clock availability and a personalised approach. Companies who have fully invested in all types of personalisation will outsell by 20% companies that haven’t.

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Robotics, Artificial Intelligence, and Warehouse Management Set to Take Center Stage in Warehouse Automation

Veridian Solutions

The writing is on the wall for traditional, manual-based processes in supply chain management, says Cade Metz of The New York Times. While Amazon leads the way, other companies, including carriers such as FedEx and DHL, are testing and developing robotic-based systems to speed operations. Unfortunately, limitations of robotics continue to exist, and adaptation is the only way to achieve greater opportunities.

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Extending ERP to the Supply Chain

TPSynergy

ERP (Enterprise Resource Planning) is an in-house system that sits behind the company firewall which houses all the core data needed for the day to day operation of the company. In most supply chains, the data, external trading partners, and the data is outside of this firewall. This disconnect means all the vital data isn’t readily available when it’s needed.

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How the Total Cost of Ownership of Electric Trucks Influences Fleet Decisions

GTG Technology Group

Comparing the Total Cost of Ownership of Electric Vs. Diesel Trucks . In the past, diesel gas was the only option for fueling a big rig. Thanks to modern technologies, however, truckers may soon have another option: electric trucks. While battery-powered commercial trucks are not yet widely available, companies such as Tesla are coming close to a big debut.

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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.