Tue.Aug 28, 2018

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. You can see a longer version of the interview here on the Microsoft website or my slightly abridged version below. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

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The Dawn of Citizen Data Scientists

River Logic

“The bittersweet pain amongst men is having knowledge with no power.” In the film Justice League , Lex Luthor makes this poignant statement to a crowd that includes Batman and Superman. If only he had known that corporate citizens using advanced analytics have both power and knowledge, he might have attained superhero status and the realization that this knowledge extraordinaire, or simply data science, is branching out of “geekdom” and expanding across the enterprise and upward to the C-Suite.

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Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

No doubt about it: this trucking environment is sending plenty of truckload budgets into the red. What can shippers do to navigate this market? Take your cue from the latest findings of MIT researchers. Using data from TMC, a division of C.H. Robinson , the researchers examined the best practices that separate Leaders from Laggards in getting better truckload rates and performance.

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[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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The First Steps of Necessary Federal Maritime Commission Changes

Freightos

This article originally appeared on JOC.com. . Long before there were trucks, trains, and planes, there were ships. Ships transformed travel and warfare, enabling humans to see beyond their villages and into the world. Most importantly, they unlocked global trade. In today’s Information Age, the world’s pace has accelerated. It is hard to imagine that not so long ago people once waited for the morning paper to see how stocks closed the day before.

More Trending

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Compliance in Pharmaceutical Supply Chains Through Integration

Veridian Solutions

The passage of the Drug Supply Chain Security Act (DSCSA) has re-energized the importance of compliance in pharmaceutical supply chains. These supply chains have unique risks and are essential to the health and well-being of millions of people, and the timeline for full compliance with the DSCSA is rapidly coming to a close, reports the FDA. Warehouse Managers need to understand its key challenges and why integration is key in ensuring compliance.

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Planned Obsolescence in the Durable Goods Industry

Logility

Durable goods , also referred to as hard goods, are items that are not supposed to quickly wear out, or more specifically, goods that yield utility over time. Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time.

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Meet Blue Yonder: Combining Supply Chain Knowledge and AI Technology

BlueYonder

JDA has a long history of working with our customers in manufacturing, retail and distribution to optimize all the nodes in an extended, end-to-end supply chain – from factories and DCs to retail stores. With JDA’s acquisition of Blue Yonder, we’re combining a large team of talented AI experts and data scientists, as well as powerful solutions, to our deep domain knowledge – accelerating our course toward the promise of a self-learning, Autonomous Supply Chain.

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Step inside Project Gigaton at Walmart

EHS Sustainability Knowledge at Work

With the majority of a company’s real environmental impact sitting, not within its direct operations, but along its supply chain, helping suppliers to improve their sustainability performance is key if a business is to show true leadership. Few companies have grasped the mantle in helping supplier companies better than the US retail giant, Walmart, a company whose indirect Scope 2 and Scope 3 emissions account for almost 90% of the retailer’s entire carbon footprint.

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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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Meet Blue Yonder: Combining Supply Chain Knowledge and AI Technology

BlueYonder

JDA has a long history of working with our customers in manufacturing, retail and distribution to optimize all the nodes in an extended, end-to-end supply chain – from factories and DCs to retail stores. With JDA’s acquisition of Blue Yonder, we’re combining a large team of talented AI experts and data scientists, as well as powerful solutions, to our deep domain knowledge – accelerating our course toward the promise of a self-learning, Autonomous Supply Chain.

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Supply Chain Newsmakers Video Series on Conversational Platforms in Supply Chains

Supply Chain Digest

Moving Beyond Simple Voice Queries to More Complex Interactions

Video 36
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Digital Transformation and Decision-making

Enterra Insights

The final verse in Robert Frost’s famous poem “The Road Not Taken” talks about the importance of decisions. According to Frost, the right decision makes “all the difference.” Good decisions make a difference in life and in business. Consistently good decision-making is grounded in facts not based on intuition. Business strategist, Myles Suer ( @MylesSuer ), observes, “It has become increasingly clear that organizations creating a sustainable right to win have the trustwor

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Global Supply Chain News on Maersk Sets TEU Record, Testing Arctic Route, Puts Capacity on New US Exchange

Supply Chain Digest

Lots of Interesting News from Maersk Line in Recent Weeks

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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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Data-driven vs. data-informed: What’s the difference?

TradeGecko

As any forward-thinking business knows, we’re past the point in time where we can leave business decisions to guesswork and ignore the benefits of data available to us.

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Flatbed ratio reverses 10-week decline

DAT Solutions

The load-to-truck ratio for flatbeds rebounded last week to 28.4 loads per truck, after losing traction for ten straight weeks. The national average flatbed rate dropped 1¢ to $2.66/mile, but it may trend up again before the month ends on Friday. Rates rose last week on half of the top flatbed lanes, while the other half went down, so we haven't hit bottom yet.

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. You can see a longer version of the interview here on the Microsoft website or my slightly abridged version below. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

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Van demand increases ahead of Labor Day

DAT Solutions

Last week there was a rebound in van freight volumes — up about 8% — as stores continue to move back-to-school groceries and other merchandise before the Labor Day holiday weekend. Van rates have been dropping at a steady pace all month, but last week the decline slowed, moving just 1¢ lower, to a national average of $2.15/mile. We've now moved from a slight slump to seasonal norms.

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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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The ultimate guide to becoming a data informed merchant

TradeGecko

With the advent of technology, everyone began accumulating data at a rapid-fire rate. And now with easy access to low cost computing power and Cloud software, more small- to medium-sized businesses (SMBs) have been empowered with data, and the ability to learn from it, than ever before.

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3 reasons why we’re cool (and why Gartner agrees): Xeeva named a 2018 Gartner Cool Vendor

Xeeva

We’re not like a regular procurement software company, we’re a cool procurement software company. And according to their 2018 report of Cool Vendors in Procure-to-Pay Applications, Gartner thinks so too. That’s a pretty big deal, and we’re psyched that Gartner is telling the world that we’re just as cool as we already know we are! For those of you who aren’t familiar with Xeeva already, let’s break down three reasons why we believe Xeeva was cool enough to make the 2018 Gartner Cool Vendor list:

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Blockchain and Reverse Logistics: Recapturing Costs and More

GlobalTranz

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics. Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse L

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How to Scale Your Business with a 3PL

3PL Insights

You’ve been working on your eCommerce business for some time now. Maybe your product is flooding your basement, making its way to your living room, and spilling out into the garage. It’s great that business is doing so well, but you don’t want to go crazy, so it might be time to consider other solutions. It’s no lie that eCommerce businesses are expanding rapidly, and more and more people are utilizing online shopping: “In 2017, eCommerce was responsible for around $2.3 trillion in sales and is

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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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Top 10 Key Elements to a Successful ERP System Deployment-Key Element #5

AIT SureShip

AIT’s Professional Services Group is responsible for managing the implementation of an ERP deployment, making sure the project is properly resourced and executed. Our role with clients really starts during the sales process where we gather information about the company, its requirements, and the unique problems it is trying to solve. We get an idea of the personality and culture of the company.

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Rootstock Set to Make a Splash at Dreamforce

Rootstock

Billed as “the most innovative software conference in the world,” Dreamforce delivers four high energy days of great business connections, hands-on learning, networking and the latest in product innovations. Dreamforce gathers the entire Salesforce community - customers, partners, employees, and key stakeholders. It is a networking bonanza that involves every industry which relies on Salesforce - largest cloud ecosystem.

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Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. Unfortunately, it’s the best way to describe what is happening right now in the air and ocean freight markets.

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There’s More To Personalized Packaging Than Names And Logos

Amware Logistics and Fulfillment

What do you see when you look at this image?

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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Loading the supplier dice in the procurement process

Claritum

Claritum Article - Procurement Blog. Contents. Introduction. 1. Eliminating or reducing competition. 2. Biased supplier selection. 3. Biased contract negotiation. 4. Low bid with knowledge that over or false payments can be extracted. 5. Does that capture the problem? Introduction. The expression of loading the dice refers to the extra weight on the inside of a loaded die that causes the opposite side of the weighted side to come up more often.