Thu.Nov 01, 2018

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Reliable forecasting is a piece of cake

Supply Chain Movement

In our attempts to anticipate future changes in demand, we often depend on forecasts. Unfortunately, however, they are rarely reliable in practice – with all the implications that brings. The ‘good news’ is that we are selling ourselves short, partly because we actually seem to be better off without a forecast in many cases, and also because – when we’re truly dependent on a prognosis – reliable forecasting often turns out to be surprisingly easy.

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5 Reasons Why You Need to Do a Delivery Network Re-Route Now

Talking Logistics

Despite the value of dynamic daily routing, many distribution-oriented companies cannot take advantage of it because of customer delivery window, driver or commercial restrictions. To optimize their delivery operations, these companies engage in strategic route design on an infrequent basis or when some big event occurs in the company. In today’s competitive market, the “5 year review” is too long and companies are bleeding profits as shifting customer bases and service policies are making exist

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How To Keep Your Supply Chain Moving Fast as Fuel Costs Rise

Elementum

In recent years the trucking industry has been faced with a double-edged sword — rising fuel costs and a plummeting labor force. In today’s blog we’re taking a look at what this means for shipping costs, and how retailers can fortify their operations against price hikes. Why are shipping costs growing? Fuel accounts for about 21 percent of carrier expenses.

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Holiday Sales Look Bright

Enterra Insights

Most analysts are predicting brisk sales this holiday season that equal or better last year’s sales. Erica Sweeney reports an OpenX survey conducted with the Harris Poll found consumers are optimistic about the current economy.[1] As a result, she writes, “More than 80% of consumers are planning to spend the same amount or more on gifts in 2018 compared to last year.” That’s good news for retailers — if they’re ready … now.

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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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Three Ways Technology Is Changing Supply Chains Today

Freight Plus

Recently we looked at the top-10 carrier concerns. Here is how technology is solving some of those issues through programs like Convoy's Flex Loads, Uber Frieght's Powerloop, and Aborn & Co.'s Day01.

More Trending

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Data Enthusiasts Unite for the 2019 Inmar Analytics Forum

Inmar

Prepare yourself for a three-day crash course on using analytics and technology to impact the success of your company. You asked, we listened. We’re elevating the content for our 5th annual Analytics Forum and bringing in industry-leading speakers and thought leaders. You will leave this analytics conference with strategies you can implement immediately to improve shopper activation, patient engagement, supply chain operations and overall operational efficiency.

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Supply Chain by the Numbers for Week of November 1, 2018

Supply Chain Digest

Kroger to Commit to Robotic DCs, Sealed Air Promises All Green Packaging, US Manufacturing Growth Slows but Still Strong, Big Bucks Going to Fund Last Mile Delivery Companies

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The Social Media Championship

Freight Plus

No supply chain or logistics on today's episode. Instead, we recognize the Social Media Champion. The Social Media Champion is the individual within our organization who has gone above and beyond when delivering our content to the masses. Tune in to hear the coronation ceremony! And we'll be back to our regularly scheduled programming next week when Brian Glick from.

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6 Lessons I Learnt About Verifying Wholesale Suppliers

EMERGE App

Introduction. Today your wholesale suppliers are likely to be from China. Why? China’s manufacturing prowess and efficient supply chain make it the de facto production capital of the world. Nonetheless, verifying wholesale suppliers in China can be challenging because of language barriers, fraud, and geography. Here, I’ll share with you some lessons that I learned about verifying whole suppliers when I ran a brick-and-mortar business.

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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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Harness Humanity’s Ingenuity to Combat Global Warming

MIT Supply Chain

To avoid disastrous global warming, the world needs a “Manhattan Project” that deploys the planet’s technological resources to prevent the accumulation of damaging greenhouse gases (GHGs), says Yossi Sheffi, Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation & Logistics. Sheffi lays out his argument for a […].

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LTL Freight Rate Outlook: What to Expect in Less Than Truckload Shipping Rates in 2019

GlobalTranz

The LTL freight rate market is on the cusp of expansion. E-commerce, the capacity crunch, the driver shortage, general rate increases, fuel costs, trade war fears, and other factors will drive the LTL market further toward success, but also upheaval thru these disruptive fronts, in the coming year. Meanwhile, inbound LTL freight costs are accelerating in advance of the peak shipping season, reports Freight Waves , creating a perfect brew for higher rates overall in the LTL marketplace in the com

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The Scariest Supply Chain Worries this Halloween Season

Supply Chain Digest

From Trouble in the South China Sea to the Impact of Robotics, Here are the Top Supply Chain Goblins

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Retail Outlet Classification in RtM Strategy, an Essential Element or a Complete Waste of Time?

Enchange Supply Chain Consultancy

Firstly, what is Outlet Classification ? It is a process of segmenting every individual outlet, meaning every point of purchase, based on a set of company specific agreed criteria that you will design, e.g. volume, location, consumer profile, footfall, opening hours, engagement opportunity etc. This will then allow you to target specific activities, resources, brands, SKU’s, promotions, metrics, etc., at a specific outlet groupings level.

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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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Logistics Viewpoints: Here’s why you can Stop Dreading TMS Integrations

3GTMS

Managing logistics can’t happen in a vacuum; you need visibility and awareness of internal and external systems, partners and resources. The problem is that integration and visibility are a big hurdle for most transportation management systems (TMS). According to the Transportation Planning and Execution Benchmark Study by American Shipper, for example, 61 percent of respondents […].

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Conscious Clothing? Why Fashion's Going Green

Material Handling & Logistics

Apparel makers don’t want to risk being late to what could be a consequential shift in consumer preferences. For years now, we’ve watched the old guard of the packaged-food industry get pummeled as consumers look to fill their grocery carts with trendier items bearing feel-good labels such as “natural” or “sustainably sourced.”. The beauty business, too, has had to adapt to this changing ethos; hence the proliferation of skincare products billed “eco-conscious” or “organic.”.

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The Very Real Possibility of a UPS Strike

Intelligent Audit

As we’ve reported on several occasions over the last month, UPS management, the rank and file members, and the Teamsters leadership are embroiled in a contract dispute that has gone from bad to worse. While most experts thought the contract negotiations would be difficult, the possibility of a labor strike, especially right before peak season, was not on the table.

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A Closer Look at Cloud Software Benefits for Accountants

Unleashed

Cloud software is a powerful tool that is changing industries around the globe. Cloud software is essentially where large amounts of data is stored on big servers and the servers project the data onto the internet. This means users can access their information through any device with internet. Servers are clunky and take up space in an office. Cloud software eliminates this and drives all users to the cloud to access and manage their information.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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A tale of three AIs, chapter 1: artificial intelligence (AI) – is it more than a buzzword?

Xeeva

We’ve all fallen victim to flashy marketing that makes big promises but doesn’t deliver on them (and often doesn’t provide any results at all). Remember the Shake Weight that everyone thought would give them toned arms with minimal effort? That just made you look ridiculous. Or the blanket that promised to save your marriage ? That didn’t work, and now it’s collecting dust in your linen closet.

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Omnichannel Order Management: What Exactly is it?

Tecsys

Editor’s Note: This post was originally published in July 2016 and has been updated for… The post Omnichannel Order Management: What Exactly is it? appeared first on Tecsys.

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Up Your Order Fulfilment Game: 3 Tips to Improve Speed and Accuracy

Unleashed

Selling products should not be the sole concern of a business, the way they fulfil those sales order should factor in too. This can make or break businesses as it’s entirely possible to turn customers away by slowly and incorrectly fulfiling orders no matter how revolutionary and desirable the product. Therefore, to guarantee growth and success, it is time to look at how to improve order fulfilment.

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The Social Media Championship

Freight Plus

On this special minisode of the podcast we award one staff member with the social media championship belt.

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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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Who’s Using Blockchain in Logistics & Supply Chain Today?

Shipchain

From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using it, what it means for the future of the industry, and how it can transform their day to day operations.

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Three Ways Technology Is Changing Supply Chains Today

Freight Plus

Normal. 0. false. false. false. EN-US. X-NONE. X-NONE. The results of the American Transportation Research Institute’s 2018. Trucking Industry Survey. have been published, and the results aren’t all that shocking. The driver shortage tops the list of industry professional’s concerns, with nearly 700 of the 1,539 surveyed listing it as a Top 3 concern.

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How Financial Services Companies Can Manage Sustainability Risks While Driving Progress On UN Sustainable Development Goal 16

EcoVadis

Countries with peace and security thrive in terms of economic development and human rights advancements, while those that suffer from weak governance cannot seem to break the cycle of chronic conflicts and turmoil. This clear correlation between sustainable development and societal stability has long been recognized by scholars and sustainability professionals.