Mon.Nov 16, 2020

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The Continuing Journey towards the Digital Supply Chain

Enterra Insights

Supply chain experts David Simchi-Levi ( @davidsimchilevi ) and Edith Simchi-Levi note, “The pandemic has exposed one of the major weaknesses of many supply chains: the inability to react to sudden, large-scale disruptions.”[1] This lack of agility is one reason many organizations are looking more urgently at supply chain digital transformation.

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Five Technological Advances that Will Transform Pharmaceutical Supply Chain Visibility

Talking Logistics

The global manufacturing and distribution of pharmaceuticals and the regulatory requirements of countries have always made pharmaceutical supply chains a challenge. However, the anticipated volume of COVID-19 vaccines that will need to be distributed for the foreseeable future will be unprecedented, and pharmaceutical supply chains will be severely strained as they try to get these.

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10 Multimodal Metrics to Track for Transportation and Shipping

GlobalTranz

Complexity and precision data within the transportation and shipping industry require refinement in measuring and recording metrics. That is where multimodal metrics that leverage transportation data can make all the difference. According to Supply Chain Quarterly, “Amid this complexity is the growing influence of consumers who expect a personalized, consistent, and seamless experience across retail, online, and.read More.

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Infographic: Taking the Pressure Off of Wholesale Distribution

ToolsGroup

Facing narrower margins and higher complexity? Product and spare part portfolios from OEMs expand year after year, while customer expectations continue to rise. Get out ahead of the competition with better demand forecasting to enable you to carry less inventory while raising service levels. Wholesale distributors are squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts and expanding ecommerce.

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

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Localizing Global Supply Chains in a Globalized World

All Things Supply Chain

Some countries around the world have created vast manufacturing empires that combined produce over a quarter of the world’s goods.

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Keep the pace set by Industry 4.0

Prophetic Technology

Every industrial sector touched by the convergence of new technologies is producing something similar to an industrial revolution. The COVID-19 pandemic has set the pace for the rapid development of the Fourth Industrial Revolution. We need to move fast!

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Improve your Warehouse Productivity Through Product Slotting

Logistics Bureau

ARTICLE SUMMARY. Product slotting can significantly improve warehouse productivity—and reduce labour costs by up to 30 percent. Simply put, product slotting is about putting the right product in the right place so you can pick it in the most efficient way. In other words, you put the fastest moving products closest to the packing and dispatch area to minimise the movement of people in the warehouse.

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SKU vs. UPC Codes: What is the difference?

EMERGE App

With multiple ways of labeling inventory within the business, it can be arduous to pick a solution that will work perfectly. Between SKU and UPC, there will be different business requirements that you might need to factor. Looking at them keenly can help know the best solution that will satiate all the business’ needs. What is SKU? Stock Keeping Units (SKUs) are unique sets of letters and numbers which track, locate, and identify materials within a warehouse or company.

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20 Things to Know about WMS System Integrators

Logistics Viewpoints

Systems Integrators (SIs) are a key part of the warehouse management system solution ecosystem. SIs have different business models, strengths, and weaknesses. The post 20 Things to Know about WMS System Integrators appeared first on Logistics Viewpoints.

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AI-Enabled Robotics Software for Manufacturing Automation: Speeding Time-to-Value

Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.

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Vanguard Software Welcomes Furniture Retailer, Arhaus

Vanguard Software

With Vanguard, Arhaus can optimize inventory levels across their entire supply chain while minimizing operating costs.

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Interested in becoming a Special Interest Group Community Chair?

BlueYonder

Blue Yonder has 35 Special Interest Groups (SIGs) with 4,900+ members from over 1,400 companies that are committed to helping you get the most out of your investment in Blue Yonder solutions. Our mission is to foster an environment where active participation maximizes your company’s investment in Blue Yonder solutions and enables you to grow both personally and professionally through collaboration with other supply chain professionals. .

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Christmas will be key to retail survival

Proxima

Christmas is always a crucial time of the year for retailers, but this one is shaping up to be a fight for survival. Footfall on the high street was already predicted to be down by about 60% in December, so the timing of lockdowns across the UK’s devolved nations has been devastating. The vast majority of retailers are still reeling from the spring lockdown, and they will need to act decisively over the Christmas period to recover the losses that have accumulated throughout the year.

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Vendor Managed Inventory (VMI): Everything You Need to Know

EMERGE App

Within the global supply chain, vendor managed inventory (VMI) is becoming an essential service. Most people demand the movement of goods to be quick. That is why most retailers will opt for managed inventory to guarantee an increase in delivery rates. . What is VMI? VMI provided a streamlined approach to the supply chain process by providing inventory management and order fulfillment benefits to vendors and retailers.

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End High Turnover: Discover Stability with Remote-Insourcing

High turnover isn't just inconvenient—it's costly. U.S. logistics businesses lose thousands in training, productivity, and morale every year, with an average quit rate exceeding 27%. Remote-Insourcing changes this reality. Remote-Insourcing seamlessly integrates dedicated, remote professionals into your team, significantly reducing turnover to under 4%.

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Hyperloop: Do We Really Need It?

Talking Logistics

Last week, Virgin Hyperloop “completed the first test of its high-speed transportation technology with humans on board,” as reported by CNN. “The company’s hyperloop pod traveled 500 meters and reached speeds of 100mph.” Here is a video report from the Today show: I first wrote about Hyperloop more than 7 years ago in “Hyperloop And. Read more Hyperloop: Do We Really Need It?

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Consignment Inventory Management: The Complete Guide

EMERGE App

There are different ways for retailers to get and sell their inventory. The most common being where a retailer purchases their inventory and stocks it in their warehouse for the customers to buy. However, consignment inventory can be a risk-free option for the retailer. A wholesaler will bear most of the risks with their inventory since the retailer only purchases once the stock is sold.

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Meal-Kit Delivery Services Are Riding a Wave of Demand. But Will It Crash?

Supply Chain Brain

Meal-kit delivery services, already on a steady growth curve prior to this year, have seen sales explode with the coming of COVID-19. Now they’re scurrying to keep pace with demand — and hang on to their customers.

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Warehouse Material Handling: The Complete Guide

EMERGE App

Warehouse material handling literally determines how safe your employees are, how productive they remain, and how motivated they are to keep working. Are you concerned about how effective your warehouse material handling processes are? You’re in the right place! Let’s get you started with the basics. Do you want additional control and protection of your products?

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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A day in the life of a Catalyst: Uli Hitzel

Axway

As a Catalyst at Axway , Uli Hitzel lives a full life. From working with customers on their digital transformation initiatives, speaking at events, producing videos, and running events, no two days are alike. About Uli.

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The Levels of Digital Maturity for Your Company

SYSPRO Smarter ERP

Does digital transformation require radical re-thinking? For traditional companies, the prospect of a complete digital overhaul has left many businesses in a fight, flight, or freeze mode. With barriers ranging from the costs associated with moving away from legacy systems through to the lack of skills to enable it, digital transformation has been a far-off […].

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Learning and Development Trends for 2020-2021

Procurement Academy

With 2021 around the corner, it’s worth taking a closer look at what the learning and development (L&D) industry has to offer. According to Forbes , employees who are adequately engaged through development opportunities show 21% greater profitability, 41% reduction in absences and 59% less turnover on average. It’s important to provide your employees and colleagues with practical ways in which they can grow as individuals in order to retain them.

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Black Friday Plus Covid Add Up to Crunch Time for Retailers

Supply Chain Brain

The formula for retailers on Black Friday is usually pretty simple: Cut prices, stock shelves, prepare for crowds and make sure orders arrive on time. This year — like everything in 2020 — it’s anything but.

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Tail Inventory: The Silent Cost Driver You Shouldn't Ignore

Learn how centralizing slow-moving SKUs can help reduce fulfillment costs by $300M+ while boosting fulfillment efficiency.

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Optimize Your Routes from Anywhere with Aptean’s Paragon Cloud-Based Route Optimization Software

Paragon

The post Optimize Your Routes from Anywhere with Aptean’s Paragon Cloud-Based Route Optimization Software appeared first on Paragon Routing.

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Amazon Expands Push Into Healthcare With Online Pharmacy

Supply Chain Brain

Amazon.com unveiled its biggest push into selling prescription drugs with the launch of a digital pharmacy and discounts for paying U.S. Prime members — sending shock waves through shares of drugstore chains and distributors.

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API Lifecycle Management: Deprecation and Sunsetting

Axway

APIs are products and go through the same lifecycle as all products. They get created, see some usage, get improved over time based on feedback and product management, but eventually, they will be discontinued.

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Asian Logistics, Maritime and Aviation Conference Goes Online Capturing Opportunities Amid Volatility – Live From November 17th

Supply Chain Brain

In light of the global pandemic, the 10th Asian Logistics, Maritime and Aviation Conference (ALMAC), an annual signature event for the industries jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), is being held online for the first time.

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Supply Chain Resilience Checklist

Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m

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API Lifecycle Management: Deprecation and Sunsetting

Axway

APIs are products and go through the same lifecycle as all products. They get created, see some usage, get improved over time based on feedback and product management, but eventually, they will be discontinued.

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Commercial Documents Required for Customs Clearance

20Cube Logistics

Any consignment, moving from one international destination to another requires customs clearance. Every country has their own laws as outlined by the government and the shipping companies as well as freight forwarders should be aware of it and keep a tab on the new laws related to customs so as not to skip any mandatory document while in international trade.

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How to do EDI Integration with Oracle Cloud

TPSynergy

EDI for Retail Customers. EDI – Electronic Data Interchange is the single most commonly used integration used by Retailers like Amazon, Walmart , Target , Marshalls etc. It is necessary to bring these orders into Oracle cloud ERP system for further processing and shipping. As there a large number of orders processed every day, it is not practical to manually enter the orders into the Oracle Cloud ERP system.

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