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Editor’s Note: “Above the Fold” is a new segment on Talking Logistics where we spend a couple of minutes discussing a headline or two from last week’s supply chain and logistics news and raise a question for you to answer. As reported last week by Material Handling and Logistics , the transportation and warehousing sector experienced the largest overall drug positivity increase of any sector between 2015-2017 (21.4%, based on data from the Quest Diagnostics Drug Testing Index), with
Lora Cecere’s Supply Chain 2020 study, the Internet of Things (IoT) was considered one of two disruptive technologies with the greatest potential impact on supply chain effectiveness, above technologies such as 3D printing and robotics.
Healthy growth is expected to be driven by broad-based industrial demand. Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets. Expansion across a broad band of industrial sectors is supporting American economic growth, observes Kevin Swift, chief economist at American Chemistry Council (ACC) and
Get your complimentary excerpt copy of the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Networks 2018 Vendor Assessment. Privacy mode may affect your ability to download content, so we recommend standard browser settings. According to the IDC MarketScape, multi-enterprise supply chain commerce networks are a critical element of both the current and future supply chain. “By 2020, half of the large manufacturers will have begun shifting their supply chain applications fr
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
In recent years, a torrent of new laws and regulations enacted globally have aimed to eliminate forced labor from modern-day supply chains. Are they having any impact?
The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. Driven by problems of scale, pricing, and flexibility, these new solutions help shippers reach key markets, meet holiday demand, and ultimately gain a competitive advantage.
The Wall Street Journal’s recent analysis of retailers’ logistical challenges highlights the appeal and success of alternative solutions to traditional warehousing in retail and beyond. Driven by problems of scale, pricing, and flexibility, these new solutions help shippers reach key markets, meet holiday demand, and ultimately gain a competitive advantage.
Supply chain executives are in a full sprint toward more efficient systems and better customer service as companies around the globe implement new technologies. As supply chains leverage new resources, the demand for cloud-based software skyrockets. When selecting a warehouse management system, supply chain leaders face a decision between software-as-a-service (SaaS) or cloud-based warehouse management systems.
In supply chain and logistics, there are a few companies that clearly rise above the rest when it comes to digital maturity—the most notable Goliath is Amazon, which is blazing the trail for others. For the majority of supply chain professionals, however, the reality is that there’s a general lack of appetite for digital technologies. The focus is typically on process and physical objects or logistics, rather than software and applications—leading to a wide chasm between the digital innovators a
The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. Many legacy systems have been in service for up to 20 years or more, reports Roberto Michel of Modern Materials Handling, and supply chains can no longer function on these legacy systems. This is especially true in the age of e-commerce, so supply chain executives should consider these top seven reasons to implement a cloud-based WMS. 1.
There has been a lot of talk about digital transformation in the manufacturing and supply chain industries lately. What is digital transformation? At its simplest, digital transformation is the digitization of processes, procedures and workflows that were previously conducted by hand with paper and/or time and manual labor (like inventory control ).
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.
In our last blog post , we discussed how we surveyed 98 middle- and senior-level managers so we could learn more about the current attitudes and progress towards digital transformation within the supply chain and logistics industry. Much to our surprise, only 15.3% of respondents were confident in their market leadership to implement digital technologies.
1.7.19—Atlanta, GA: On Jan. 13, the opening day of NRF 2019, American Global Logistics Chairman and Chief Executive Officer Jon Slangerup will lead a ‘Big Idea’ session titled “Why service and know-how still win the race to supply chain optimization.” The session begins at 11 AM ET on Stage 5 of the Expo Hall at Jacob […]. The post AGL CEO Jon Slangerup Talks “High-Touch” Supply Chain at NRF 2019 Big Idea Session appeared first on AGL.
Last time , we touched upon opportunities for innovation in the supply chain and logistics industry that stood out as a result of our survey of 98 middle- and senior-level managers , where we learned back office efficiency (25.5%) was where most saw the greenest fields, closely followed by customer interface and user experience (24.5%), and business intelligence (22.5%).
The Loadstar —Initial repercussions for logistics from the US government shutdown have been slight so far, but the prospect of lingering paralysis is raising fears of severe supply chain disruption that may take a long time to mend. Canine screening of air cargo got under way at US airports on January 1 as scheduled, but the […]. The post As the US Shutdown Drags On, the Threat to Supply Chains Grows appeared first on AGL.
We’re thrilled to be starting off the year at Alloy on an exciting note by announcing the release of our new intelligent demand forecasting capability. Powered by the granular sales and inventory data gathered into our platform, this feature allows brands to continuously forecast demand using the most up-to-date and consumer-driven information available.
Supply chain executives are in a full sprint toward more efficient systems and better customer service as companies around the globe implement new technologies. As supply chains leverage new resources, the demand for cloud-based software skyrockets. When selecting a warehouse management system, supply chain leaders face a decision between software-as-a-service (SaaS) or cloud-based warehouse management systems.
The less than truckload (LTL) industry is evolving. The volume of freight is increasing at a rate to more than double in the next decade, and that is assuming the speed of growth continues at the pace seen in e-commerce over the last two years. The days of handling LTL freight manual are ending, and shippers need to understand how digital LTL shipping will play a vital role in shaping the future of the transportation industry.
The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. Many legacy systems have been in service for up to 20 years or more, reports Roberto Michel of Modern Materials Handling, and supply chains can no longer function on these legacy systems. This is especially true in the age of e-commerce, so supply chain executives should consider these top seven reasons to implement a cloud-based WMS. 1.
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.
Too often cognitive computing discussions focus on the technology and minimize the role humans play. That’s a mistake. Cognitive technologies were developed to augment human decision-making not replace it. Elif Tutuk ( @elif_tutuk ), head of R&D at Qlik, explains, “Artificial Intelligence (AI) is no longer just futuristic. Although it is still emerging, it is already enabling companies to rapidly change work processes to make them more fluid, or completely reimagine them altogeth
Rankings based on transaction data in DAT RateView. What do you get when you combine an economy that's growing like gangbusters and a truck shortage? That'd be 2018. The surge in truckload demand led to record-high rates last year , as freight brokers and shippers routinely had trouble securing capacity. For comparison, there were 161 million loads posted on the DAT Load Board in 2017.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Beginning on January 13 th , more than 37,000 retail and technology leaders will attend the National Retail Foundation’s (NRF) Retail’s BIG Show in the Javits Center in New York City. With over 700 exhibitors, 300 speakers, and nearly 120 sponsors, this is the can’t miss event in the retail world. Here are some of the things we are most looking forward to!
While the proposed American Health Care Act never made it to a vote, that doesn’t mean that Congress is done trying to regulate various aspects of the healthcare system. Recently a group of democrats proposed legislation that includes requirements for those who manufacture pharmaceutical products to disclose to the public manufacturing, marketing and research costs.
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