Fri.Jul 19, 2019

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What is Inventory Optimization?

EazyStock

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.

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What is the impact of a WMS in your supply chain?

SCJunction

Without a well-constructed WMS, you may find your business suffering in multiple areas, with inefficient processes impacting your operations and supply chain down the line. To fully optimise your supply chain and succeed in meeting your customers’ expectations with regard to delivery, quality, and consistency, you need a warehouse intelligence dashboard that pulls data into set KPIs to assess the health of your business and make key decisions to help it stay on track.

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How Supply Chain Management Will Support Apparel Brands This Holiday Season

Vanguard Software

With the holiday season so close, now is a good time to optimize your supply chain processes so you can capitalize on the most lucrative time of the year.

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Using Technology to Improve Inventory Management

GlobalTranz

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. Gaining control over returns is easier when systems are in place to automate.read More.

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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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The Worst Supply Chain in the World?

SCM Research

Is Cargill the worst company in the world? In their new report, titled Cargill: The Worst Company In the World , the environmental protection organization Mighty Earth argue that this is actually the case: “[W]hen it comes to addressing the most important problems facing our world, including the destruction of the natural environment, the pollution of our air and water, the warming of the globe, the displacement of Indigenous peoples, child labor, and global poverty, Cargill is not only consiste

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Above the Fold: Supply Chain Logistics News (July 19, 2019)

Talking Logistics

We’re getting ready for a heat wave here in Boston. Temperatures are supposed to reach 100F tomorrow and Sunday. The National Weather Service has issued an “Excessive Heat Warning” for the area, advising residents to take extra precautions if you spend time outside. What do you do in this heat? Go to the beach or. The post Above the Fold: Supply Chain Logistics News (July 19, 2019) appeared first on Talking Logistics with Adrian Gonzalez.

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Defining the Role of the Corporate Inventory Manager

TradeGecko

The inventory manager is a vital role within a retail operation, eCommerce or wholesale business. They oversee and provide accurate data on available products to make informed decisions on supply chain management and sales. Quite the responsibility!

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‘Bee Positive’: Building a spirits brand on a mission to save the bees

Provenance

An industry that lacks integrity. “Made using nothing but apples, water and time.” . So says the bottle of Avallen spirits, but in an industry that completely lacks transparency and is not required to disclose nutrition or ingredient information – how do you know what’s actually inside? The drinks space is filled with incredible examples of marketing, backed up by little to no proof.

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How to Track Returnable Containers Using LPWAN (Nb-IoT, LTE-M, Sigfox)

Roambee

From barcodes to RFID tags, and from BLE to IoT, if you’re following recent supply chain trends, you will be aware that everything in your supply chain lately is about these few words. More so, it’s high time to pay attention not just to the supply chain but also to the packaging material, yes, the crates, the pallets, the bins, the totes, and the whole shebang.

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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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Digital Disruptors in the Supply Chain | Consulting Logistics

Freight Plus

What you need to know as a shipper. Welcome to Consulting Logistics presented by Aborn and Company. This is the first episode with the new host, Kyle MacNaught, and it's a fun one. Stephen Aborn, Director at Aborn and Company, helps educate Kyle on what digital disruptors like Uber Freight and Convoy are doing in the supply chain. Be sure to stick around till the end to learn a little more about Kyle and feel free to reach out to us anytime with questions or topics you'd like for us to cover.

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3 Lessons Supply Chain Professionals Can Learn From The National Aeronautics & Space Administration

Supply Chain 24/7

The National Aeronautics and Space Administration, NASA, celebrates the 50th anniversary of the July 20, 1969, Apollo 11 moon landing, and as we reflect on this exceptional feat, there are clearly significant aspects such as resilience, agile strategy, and innovation that apply to today's supply chain professionals.

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Multiplying Impact: Collaboration on Sustainability Powers Business Performance

EcoVadis

As corporate responsibility attracts more attention, more and more companies are working with peers and competitors in their respective industries to accomplish sustainability-related goals. Responsible purchasing programs are proving to be key drivers of financial value. According to Nielsen , products created with sustainability attributes are outpacing overall sales growth.

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Tive Recognized as a Sample Vendor in Gartner’s Hype Cycle for Supply Chain Execution Technologies, 2019

Tive

Tive is thrilled to announce that we have been recognized by Gartner as one of the Real-Time Visibility Platforms Sample Vendors in the Hype Cycle for Supply Chain Execution Technologies, 2019 report. The report states, “Supply chain visibility is no longer a ‘nice to have’ for any organization, no matter the size, and now spans a multitude of vertical industries, use-case segments and geographies.

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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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Digital Disruptors in the Supply Chain | Consulting Logistics

Freight Plus

Episode 42 of Consulting Logistics is all about digital disruptors, like Uber Freight and Convoy, and what they could mean for you as a shipper.

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Supply Chain by the Numbers for July 19, 2019

Supply Chain Digest

IKEA Closing US Factory, Retail Sales Surprisingly Strong, Amazon Workers in Minneapolis and Germany Strike, the Real Cause of Global Warming

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How to Speed Up Your Purchase Order Process

TradeGecko

A slow purchase order process can cripple businesses. Manual systems and archaic tools can have adverse effects on the productivity and bottom-line of any organization no matter how efficient they may seem. So it’s no surprise that multinational businesses have dedicated employees to manage a network of suppliers, review and release purchase requisitions, expedite purchase orders, resolve issues, determine new stock quantities and reduce excess inventory.

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Supply Chain Cartoon Caption Winners for May 29, 2019 Contest

Supply Chain Digest

Brian Spooner of Columbus, OH Takes Home the Prize with a Great Caption

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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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Enhance Inventory Productivity by Switching to Cloud-based Software

Unleashed

If you manage a warehouse, you know that looking after inventory, tracking shipments and ensuring orders are moving is a busy and demanding role. It’s no wonder that so many inventory managers have found that using the cloud has redefined how their business operates. Cloud-based software allows business owners and inventory managers to stay ahead of the curve when it comes to looking after their most important asset with constant access to real-time data.

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Why Amazon Has a Leg Up On the Online Competition, Thanks To Its Massive Customer Base

Supply Chain 24/7

In this accompanying video, CNBC.com retail reporter Lauren Thomas discusses how Amazon has major leverage over the competition online, especially on Prime Day, and how Walmart admits it's had to play catch-up.

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Demand Planning: How to Get it Right Once and for All

River Logic

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Procurement: The new competitive advantage

Proxima

Procurement must emerge from the shadows as a key business enabler. Procurement as we know it, is dead. Actually that’s not entirely true. Much of what we do today is still very relevant if often a little cumbersome. However, a new breed of procurement is emerging as organisations seek to be faster, more innovative and, above all, more agile. “Macro-economic conditions are tough,” says Edward Winterschladen, managing director, Europe, for specialist procurement consulting firm Proxima.

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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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Why Amazon Has a Leg Up On the Online Competition, Thanks To Its Massive Customer Base

Supply Chain 24/7

In this accompanying video, CNBC.com retail reporter Lauren Thomas discusses how Amazon has major leverage over the competition online, especially on Prime Day, and how Walmart admits it's had to play catch-up.

Video 40
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How Spend Management is Going High-Tech

ProcurePort

Managing spend has never been easy. In the days of paper-based procurement, tracking and evaluating spend was a labor-intensive process. Despite the antiquated ways of the past, Digitalist Magazine reports procurement executives are overly hesitant when it comes to embracing new technologies such as spend management software. Though more than half of global Chief Procurement […].

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Take Control of Online Returns to Keep Customers Coming Back

Convey

Online returns are on the rise, thanks to skyrocketing eCommerce sales, one-click subscriptions, and […]. The post Take Control of Online Returns to Keep Customers Coming Back appeared first on Convey.

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Transformative potential of Microservices in Logistics Industry

Shipsy

When I first moved from working on large, centralised ERP software to decentralised, cloud-based microservices, it was a task getting attuned to the difference in expected development time. Suddenly, weeks were hours, months were days and years were months. The new expected timelines were a lot more challenging and fun, and so was getting introduced to a new and upcoming architectural style for computer software.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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Why Should You Care About NMFC Changes When Shipping LTL?

Zipline Logistics

The April 2019 round of NMFC changes shook up LTL shipping practices for nutritional beverage manufacturers around the country. Nutritional supplement drinks and whey protein were targeted for reclassification in the update. These items previously shipped at class 60 but the update created a secondary qualification for less dense products to ship at class 70. […].

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Green Trucking Now: Advanced Route Optimization Immediately Cuts Miles, Emissions, Congestion and Costs

Paragon

The post Green Trucking Now: Advanced Route Optimization Immediately Cuts Miles, Emissions, Congestion and Costs appeared first on Paragon Routing.

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Enterprise resource planning or best of breed, what is best for IT?

Kinaxis

by Christina Christensen The creative contention over enterprise resource planning (ERP) vs. best of breed (BoB) has become age-old; however, key considerations weighting the equation have changed with the rise of the cloud, better integration tools, and more focus on the impact network solutions have on business transformation and end user satisfaction.