Fri.Jun 08, 2018

Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments.

This Week in Logistics News (June 4-8, 2018)

Talking Logistics

I graduated from high school 30 years ago. I was co-valedictorian, but if you ask me what I spoke about that day, I honestly don’t remember — other than a vague recollection of either me or my classmate referencing Billy Joel’s song, “This Is the Time,” in our speech.

Mexico 140

Utilizing WMS (Warehouse Management System): Top Ways to Get the Most out of Your WMS Investment

Cerasis

Across retail, the push to get more products to more consumers in less time is growing. Today, there are dozens, if not hundreds, of individual warehouse management systems ( WMSs ) available, but how do you reap the real-world features within this innovative type of supply chain management systems? How do you know utilizing a WMS in your company is really working to benefit your enterprise?

System 112

Drug Companies Consider Blockchain for the Supply Chain

Supply Chain Nation

Friday in 5 – interesting news from around the supply chain landscape, served up in one spot to keep you up to date. This week: how drug companies are experimenting with Blockchain technology; the evolution of Rent the Runway’s business model; how Amway’s digitalization efforts are resulting in a superior customer experience; a deep dive into America’s online shopping habit; and the impact of supply constraints on the services sector. Drug Companies Consider Blockchain for the Supply Chain.

Your Data Has Value. Learn How Technology Can Unlock It.

Supply chain data is flawed, we all know this. Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. The ability to move from reactive firefighting to proactive planning is closer than you think.

More Trending

The Importance of Artwork Management in the Product Lifecycle

Loftware

They say you shouldn’t judge a book by its cover, but they say nothing about judging a package by its label. The artwork surrounding your product is just as valuable and important as your product itself (if not more so; just ask anyone who collects action figures), and it requires a well-managed process. Artwork Management

Lobster Logistics

APICS

With all the talk in our field about putting the customer first, I was surprised to read an article in which a company claims a different strategy.

Human Adaptability Still Needed in an AI-Driven World

Supply Chain @ MIT

If you’re one of the countless people wringing their hands over the prospect of artificial intelligence (AI) taking over the world, you might want to take a closer look at the kind of world AI is supposedly inheriting. It’s a world where human flexibility and adaptability are needed more than ever.

When TMS Providers Have Too Much On Their Plate

Supply Chain Collaborator

The biggest TMS providers have been resting on their brand reputation, commanding outrageous prices without providing the superior service and results one would expect. With too much on their plates, they’ve grown bloated and complacent, they lack the hunger to achieve superior results for their customers. So say many high volume shipping organizations we talk to as they go to market for new logistics IT solutions.

The 4 Stages of Supply Chain Analytics

How do you move from “what happened” to “what would happen if”? Most supply chains struggle with the first, and the latter is wishful thinking. What stage are you in? Find out where your supply chain is on the maturity curve.

email reply new

CHAINalytics

To ask the author a question. The post email reply new appeared first on Chainalytics

44

Transportation Capacity Crunch - How can shippers alleviate the pain

C3 Solutions

Shippers are up against serious challenges in 2018. Numerous factors are combining to make it difficult for manufacturers and retailers alike to achieve the increased volume, speed and accuracy demanded by our booming economy. Put simply, constrained capacity has turned transportation – specifically trucking, which moves about 70 percent of freight – into a pain point for many shippers. It's a story we’ve heard before, but this time it's worse than ever.

Blog Form

CHAINalytics

The post Blog Form appeared first on Chainalytics

44

Top 10 Companies with Best Corporate Responsibility Records

Material Handling & Logistics

There was a time when corporate responsibility was just a report. Now it's a living, breathing activity that many companies must embrace publicly to ensure support from employees, shareholders and customers. To that end, each year companies are ranked on how well they are doing with these policies.

Your Supply Chain Probably Has a Data Problem - Start There

Common problems like data access and quality are preventing you from taking the first step towards transformation. Modern visibility providers are putting band-aids on bad data, giving you the ability to make misinformed decisions. Solve the data first.

TIA 3PL Perspectives: Joined at the Hip with Your Software-as-a-Service Provider

Tailwind

From 3PL Perspectives Magazine – June 2018. …In business, you pick a software vendor. You go through a long due-diligence process. You assemble your team so they can all have a look at the proposed transportation management software solution. And you try to arrive at the ‘most optimal’ decision that you can with a group of people who all may have a different idea or expectation as to what they are buying. It’s software, it’s intangible and it’s symbolic.