Tue.Nov 01, 2016

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Why You Should Embrace Uncertainty in Demand Forecasting

ToolsGroup

It's human nature to look for certainty. We believe that if we can predict the future with perfect certainty, then we will react and prepare accordingly. As such, we tend to put all our planning effort into making better predictions. The problem is that after we invest considerable effort predicting one aspect of a future event, lots of uncertainty remains.

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What does the future have in store for the humble warehouse?

Supply Chains Rock

Guest blogger Rachel Stires The warehouse of today is a far cry from its humble beginnings. What started as a way to prevent famine has now turned into a powerhouse that effects the entire supply chain. The warehouse has evolved drastically during its history, but one change that has been vital to its growth is the automation of various processes.

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Supply Chain Success in India: How to Choose the Right Site Locations

CHAINalytics

Karthik Ravikumar | Manager, Supply Chain Design | and | Prateek Chauhan | Manager, Supply Chain Strategy & Operations | Chainalytics Site selection–choosing the right siting location(s) from a mix of potential candidates for manufacturing, warehousing or distribution–is one of the foundations of a solid supply chain network design and an optimized supply chain strategy anywhere in the world. … The post Supply Chain Success in India: How to Choose t

India 97
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What Digital Components Are Effecting Your Supply Chain

Tompkins Blog

Jim Tompkins, CEO, Tompkins International has just released his newest thought leadership video Supply Chain Revolutions: Responding to Digital Disruptions along with The Survival Guide to Digital Disruptions white paper. The post What Digital Components Are Effecting Your Supply Chain appeared first on Tompkins International.

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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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It’s Time for Supply Chains to Adapt or Die

Supply Chain 24/7

Adapt or die. That message, or some version of it – was scattered throughout the conversations and keynotes that made up CSCMP’s Annual Conference this September in Kissimmee, Fla.

More Trending

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Samsung’s Galaxy Note 7 Recall: Lessons for Procurement and Supply Chain Teams

Supply Chain 24/7

With a big push in the technology industry to roll out upgrades and launch new products as quickly as possible, the rush in production and innovation can’t come at the expense of quality control.

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Moving R&D Budgets to Software Products Produces More Revenue

Material Handling & Logistics

The average allocation of R&D spending for software and services increased from 54% to 59% between 2010 and 2015 and is expected to grow to 63% by 2020. read more.

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Truck Companies Slash Fleets

RFgen

Leading trucking companies are cutting vehicles due to lacking demand. In the latter half of 2016, major trucking companies have been cutting their fleets down to size, a consequence of volatility in shipping demand. The Wall Street Journal reported that Werner Enterprises, Covenant Transportation Group and Swift Transportation were among the leading shippers that took hundreds of trucks out of service.

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PFEP Process Training

Loop Supply Systems

November 1, 2016. PFEP Process Training. We are pleased to announce our PFEP Process Training Workshop. This workshop is a one day course that details the PFEP Process from the Point of Use to the Supplier. Our process training was developed to connect the holistic supply chain from your customers to your suppliers. This workshop was developed support the PFEP process and provide a detailed understanding of the PFEP processes that support the supply chain.

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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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Truck Companies Slash Fleets

RFgen

Leading trucking companies are cutting vehicles due to lacking demand. In the latter half of 2016, major trucking companies have been cutting their fleets down to size, a consequence of volatility in shipping demand. The Wall Street Journal reported that Werner Enterprises, Covenant Transportation Group and Swift Transportation were among the leading shippers that took hundreds of trucks out of service.

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Supply Chain News on Q3 Truckload Profits Down, but Carriers Generally Hang Tough

Supply Chain Digest

Profits Fall 11.

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Three Ingredients for Transportation Procurement Success: Loyalty, Partnership, and Collaboration

Talking Logistics

Live Episode: Thursday, November 3, 2016 at 12:00 pm ET. There are many ingredients and steps involved in preparing for, executing, and sustaining the success of a transportation procurement engagement. To use a cooking analogy, if you don’t have the right ingredients or a proven recipe to follow, the end result might not be as appetizing as expected.

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What Does a Car Service Have to Do with Cycle Counting?

PINC

The simple answer is EVERYTHING! I wrote an article for Talking Logistics where i briefly describe a recent car service experience and how this experience made me think about why the inventory reconcilliation process is broken.

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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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3 Steps to Addressing Product Quality Issues with Your International Suppliers

GlobalTranz

Editor's Note: Today's blog is from one of our favorite authors, Chuck Intrieri. Chuck is a legend in our industry and is helping us figure out how to deal with product quality issues when dealing with international suppliers. How much money do you lose on each product shipment due to customer returns ? . How much time do you waste fixing defective goods to make them ready for distribution?

Quality 185
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Spot Market Kept Growing in October

DAT Solutions

Van freight didn't see a big boost in the last full week of October, and rates on the 100 highest-traffic lanes were mostly neutral. Not much happened until the end of the week, when volumes started to climb in Southern California. That could lead to stronger trends this week, and it looks like load posts rose quite a bit on Halloween, for an end-of-month treat.

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Factors to Understand Before Selling Your Products to Chinese Customers

ModusLink Corporation

The Chinese e-Commerce continues to grow at an amazing rate. Recently, an article in Reuters quoted stats from market research firm iResearch and China’s state news agency Xinhua that e-Commerce sales grew 21.2 percent in China in 2015 to 16.2 trillion yuan – and that they are expected to reach 38 trillion yuan ($5.7 trillion […]. The post Factors to Understand Before Selling Your Products to Chinese Customers appeared first on ModusLink Global Solutions.

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20 Rules for Better Supplier Relationships

Supply Chain 24/7

Florian Winterstein, Chief Strategy Officer at BravoSolution, breaks down key points to help you navigate the complexity of Supplier Value Management, make more informed decisions, and establish future-proof strategies.

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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.

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Breaking a Habit: post-Halloween Trucking Software blog

Tailwind

Yesterday I decided that I would break a habit. Every Monday morning it’s the same old thing. I get up. I walk gingerly to the bathroom with creaky knees and hips, feeling every hockey body-check I have ever taken. Shower, get dressed, go to get gas, buy a morning coffee at Tim’s (I am better known as ‘Double-Double’ there – along with 2 million other Canadians!).

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Samsung Asks Its Employees to Question Their Work

Supply Chain 24/7

Samsung Electronics Chief Executive Kwon Oh-hyun today said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone.

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RFID, AIDC, and IoT News on SAP Betting Big on the Internet of Things

Supply Chain Digest

Software Giant Plans 2.

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Mastering the Long Tail & Intermittent Demand

Supply Chain 24/7

If you wish to achieve high customer service levels, you have to master the shape of the demand distribution and, in particular, its right-hand tail, you must avoid shortcut simplifications and approximations in the modeling that will prevent you from getting close to your goal.

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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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The Internet of Things and Beyond

Enterra Insights

The current buzz about the emerging Internet of Things (IoT) leaves the impression it is a single, humongous network into … Continued. The post The Internet of Things and Beyond appeared first on Enterra Solutions.

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4 Things We’ve Learned From Starbucks, The Queen of Quality Control

AFFLINK

As in any other line of business, supply chain optimization is critical in almost every aspect of the food supply industry. The bigger your company gets, the more you need to ensure that your manufacturing and distribution processes are streamlined. Take Starbucks Corporation for example, their success depends highly on a supply chain operation that balances efficiency with sustainability from bean to cup.

Quality 69
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RELEX’s forecasting approaches

RELEX Solutions

RELEX’s forecasting approaches. Insights » Whitepapers. Author: Mikko Kärkkäinen, Group CEO, D.Sc. (Tech.). For as long as humans have recorded their past they have also looked to their future. Our ancient dreams of being able to ‘know’ the future are closer today than ever before. Technology has transformed forecasting, enabling us to process unfathomable quantities of data and draw conclusions with an unprecedented degree of accuracy.