Thu.Oct 11, 2018

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5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

GlobalTranz

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone.

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Construction Equipment Forum: Paths to digitizing the industry

SupplyOn

Professor Walther (IPM) opens the first Construction Equipment Forum, which makes an important contribution to securing the industry’s future (photo courtesy of IPM) The Construction Equipment Forum – the first event of its kind. On October 9, 2018, the IPM Institutes’s Construction Forum opened its doors for the first time to some 200 participants from various disciplines: building companies, OEMs, suppliers, representatives of the scientific community, and service providers.

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What You Need to Know About Demand Forecasting

Unleashed

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It involves leveraging data and analytics about your product and the market to closely predict customer demand over a particular time frame. It’s a crucial aspect for many companies and inherent in more reliable demand forecasting is demand planning.

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Healthcare Supply Chain: 6 Ways to Provide High Quality Patient Care

Hybrent

We're breaking down supply chain management to celebrate National Healthcare Supply Chain Week to help your team bring back the focus to what matters most: patient care.

Quality 56
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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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Algorithmic Supply Chain Planning – Food for Your Supply Chain

Adexa

An algorithm is simply a procedure (sequence of steps) that ends at some point in time. To this end, your cooking recipe is an algorithm. Much like cooking recipes, some algorithms end in burnt or horrible tasting food. Therefore, how an algorithm works is what matters and what the end. The post Algorithmic Supply Chain Planning – Food for Your Supply Chain appeared first on Adexa Inc.

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How Inbound Logistics Networks Can Be a New Source of Savings

MIT Supply Chain

In an age where customers are expecting faster deliveries and increased flexibility, consumer packaged goods (CPG) companies are constantly looking to evolve their supply chains. This requires companies to examine their end-to-end supply chains to find opportunities to optimize both cost and visibility. Oftentimes, companies focus on their outbound logistics network to find such opportunities. […].

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Trends in Manufacturing with Cloud ERP

Rootstock

David Stephans, Chief Revenue Officer of Rootstock Software, in a September 28 th interview with Steve Brooks, Enterprise Times , makes the case for manufacturing operations to adopt cloud-based ERP technology now. Rootstock is a leading cloud-based ERP vendor built on the Salesforce Platform for manufacturing, distribution, inventory management and supply chain operations.

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The Case of the Missing Aubergine

BlueYonder

Earlier this summer, an aubergine shortage at a supermarket in Cheltenham, UK, captured the imagination of the Twittersphere after a ‘devastated’ local resident expressed his dismay at being greeted with an empty bay when he went to find the vegetable. A flurry of memes and tweets mourning the loss of Cheltenham’s aubergines ensued, calling for Tesco to #BringBackOurAubergines.

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Supply Chain Transformation, How Hard Can that Be?

Supply Chain Management and Analytics

Growing up, I was a huge fan of comedian Steve Martin. For many a Halloweens I simply wore an arrow through my head. I would have worn the white suit if I had one, but the arrow prop was my go to. I never missed one of his Saturday Night Live appearances and my favorite movie was The Jerk. It’s a movie that produced many great quotes, but the one that has stuck with me throughout my business career is “First, get a million dollars, then…”.

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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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How to Overcome Nature’s Impact over Global Supply Chains

Gravity Supply Chain

This past year witnessed an unusually large number of devastating natural disasters all across the world. From the multiple hurricanes which have battered South America and the United States… The post How to Overcome Nature’s Impact over Global Supply Chains appeared first on Gravity Supply Chain.

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Supply chain transformation, how hard can that be?

Supply Chain Management and Analytics

Growing up, I was a huge fan of comedian Steve Martin. For many a Halloweens, I simply wore an arrow through my head. I would have […]. The post Supply chain transformation, how hard can that be? appeared first on Solvoyo.

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Customer Advisory – Hurricane Michael

CH Robinson Transportfolio

Current as of October 11, 2018. Hurricane Michael made landfall on the Florida Panhandle yesterday as a Category 4 storm and continues to move across Georgia and into the Carolina’s. The region is experiencing extensive flooding from storm surges and rainfall. 900,000 homes and businesses are experiencing power outages in Florida and Georgia. Our thoughts are with everyone affected in these areas as they endure the situation.

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Lull Case Study: Order Fulfillment that Doesn’t Keep You Up at Night

FLEXE

Lull uses FLEXE for order fulfillment to their customers. As a result, they’re saving 30% on FedEx costs, reducing delivery times by 51%, and reaching 88% of their marketing with two-day delivery. Here’s how. Nearly a third of our lives are spent sleeping. A good mattress impacts our sleep; sleep impacts our health. Up until a few years ago, mattresses were pretty hefty investments—some costing thousands of dollars with middleman markups from retail stores.

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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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Supply Chain Graphic of the Week on No Wonder US has been Losing Manufacturing Plants

Supply Chain Digest

US Producer Prices Up Big in Last 15 Years, while China Prices are Flat

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Artificial Intelligence is Helping Shape the Business Landscape

Enterra Insights

Throughout history, the business landscape has continually changed as new conditions and new technologies emerge. In recent years, artificial intelligence (AI) has been one of the most significant technologies reshaping the business landscape. Reporters from i-Scoop observe, “Although the interest for leveraging artificial intelligence in business is high, implementation is still low.”[1] They go on to note that Gartner analysts predict “we’re about to see a growth in ‘meaningf

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Halloween Spending to Remain Steady at $9 Billion

Material Handling & Logistics

Favorite costumes this year are princesses and witches. Spending on Halloween is expected to reach $9 billion this year, about the same as last year’s $9.1 billion, according to a report from the National Retail Federation. Celebrants intend to spend an average of $86.79, up from last year’s $86.13, with more than 175 million Americans planning to partake in Halloween festivities, according to the annual study that has been conducted over the past 14 years by Prosper Insights & Analytics for

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Black Friday 2018: Consumers are eager, more digital, and willing to spend – Periscope By McKinsey

Manufacturing & Logistics IT

Periscope By McKinsey, which offers a suite of Marketing & Sales Analytics Solutions to help companies achieve sustainable revenue growth, has announced the findings of research on consumer sentiment towards Black Friday 2018.

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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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What MRO Metrics Matter?

RFgen

Here are three of KPIs that can help companies of all sizes assess and improve MRO performance. Maintenance, repair and operations (MRO) spending continues to rise. One quarter of enterprises increased their MRO budgets for 2018, a step 22 percent took the year prior, according to market analysis from Peerless Research and Logistics Management. Why?

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Intellectual Property: How to Protect IP in Manufacturing

Insights Solutions Global

About to outsource your product components overseas but worry about your intellectual property being stolen? Here are 5 of the methods that are usually used when it comes to protecting the IP. Read on and see more.

How To 52
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What MRO Metrics Matter?

RFgen

Here are three of KPIs that can help companies of all sizes assess and improve MRO performance. Maintenance, repair and operations (MRO) spending continues to rise. One quarter of enterprises increased their MRO budgets for 2018, a step 22 percent took the year prior, according to market analysis from Peerless Research and Logistics Management. Why?

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How Will Your Business Handle Inventory Management with BOPIS?

Unleashed

Buy online, pickup in store (BOPIS), or click-and-collect as online shoppers know it, is being adopted by retailers in the era of eCommerce. BOPIS has evolved to meet customer demand. Customers enjoy the flexibility and ease of shopping online on their own devices. They don’t have to hop around from store to store to find what they need. It’s there, waiting for them to purchase it online.

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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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The Case of the Missing Aubergine

BlueYonder

Earlier this summer, an aubergine shortage at a supermarket in Cheltenham, UK, captured the imagination of the Twittersphere after a ‘devastated’ local resident expressed his dismay at being greeted with an empty bay when he went to find the vegetable. A flurry of memes and tweets mourning the loss of Cheltenham’s aubergines ensued, calling for Tesco to #BringBackOurAubergines.

Retail 44
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Intellectual Property: How to Protect IP in Manufacturing

Insights Solutions Global

About to outsource your product components overseas but worry about your intellectual property being stolen? Here are 5 of the methods that are usually used when it comes to protecting the IP. Read on and see more. The post Intellectual Property: How to Protect IP in Manufacturing appeared first on Insight Solutions Global.

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Making Sure Your Inventory Stock Adds Up: Avoiding a Stock Discrepancy

Unleashed

Let’s say you run a garden centre, selling plants and gardening equipment. You’re stock taking and you’ve noticed that something’s wrong: the number of garden gnomes you have on the shelf doesn’t match the number of garden gnomes that you’ve recorded in your inventory stock count. You’re surprised – how could this have happened? How did you end up with a stock discrepancy?

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5 things to consider when buying a used coffee roaster

Exapro Hub

The most exciting part of becoming an artisan coffee roaster is to pick your roaster. But like any purchase, there are a few things to consider before buying it. If you’re still hesitating between a new machinery […]. The post 5 things to consider when buying a used coffee roaster appeared first on Exapro Hub.

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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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Lull Case Study: Order Fulfillment that Doesn't Keep You Up at Night

FLEXE

Lull uses FLEXE for order fulfillment to their customers. As a result, they’re saving 30% on FedEx costs, reducing delivery times by 51%, and reaching 88% of their marketing with two-day delivery. Here’s how.

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An advanced sound software for predicting malfunction in machinery

Exapro Hub

Experienced operators can easily tell if the machine they’re currently working on is facing a malfunction just by listening to the sounds it makes. A new sound software let us hope that, soon, everyone will have this […]. The post An advanced sound software for predicting malfunction in machinery appeared first on Exapro Hub.

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U.S. Defense Supply Chain 'Alarmingly' Reliant on China, Other Rivals

Material Handling & Logistics

We know there's a problem. But will the White House and Congress actually do anything about it? The Defense Department released an urgent report last Friday outlining how its supply chains are alarmingly reliant on China and other potential military rivals for essential materials. How can the U.S. military properly defend our nation if it can’t source what it needs from domestic sources — and instead must depend on potential adversaries for those materials?