September, 2019

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The Next Big Thing in Inventory Optimization and Why You Need It

River Logic

These figures show that efforts at inventory optimization aren't bearing fruit as retailers grapple with the conflicting demands of omni channel retailing and, more recently, the unpredictability posed by trade wars and other global disruptions.

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Benefits and Disadvantages of AI-Powered Supply Chains

GlobalTranz

Artificial Intelligence (AI) is everywhere around us. From simple digital watches to complex urban planning and development, the new form of intelligence is revolutionizing the way people live and the way companies work. Supply chain management is not an exception here because AI is changing it slowly but steadily. The process lasts for a long.read More.

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Supply Chain is not Only About the Money

DynaSys

Commonly, effective supply chains are defined as having the right product, at the right time, at the right place, in the right quantities, and of the right quality. Doubtlessly, the majority of business owners and Supply Chain Managers intend to execute all the factors mentioned above at the lowest possible cost. Having worked in supply chain for fourteen years in different areas from a Global Luxury brand to one of the biggest American IT corporations, I can say that executives seek projects an

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Integrating Customer Portals into End-to-End Supply Chain Processes

Talking Logistics

There have been many ways that companies have attempted to exchange data and information with their trading partners over the years. One more recent method is through online customer portals. While these portals are meant to replace the manual processing of faxes and emails, they create their own integration challenges. What are some of those. Read more Integrating Customer Portals into End-to-End Supply Chain Processes.

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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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‘Tis the Season to Make Sense of Seasonal Demand with Machine Learning

ToolsGroup

Demand forecasting augmented by machine learning helps you better meet customer expectations with reduced inventory investment . By Alex Achour. Most companies view seasonality as a pattern of demand that has regular and predictable change occurring every calendar year, like beer sales rising in the midsummer months, and cold medicine in the winter.

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Dealing with Unsupported Network Design Software? There’s a Silver Lining

AIMMS

It can be incredibly frustrating when the software you use to run your supply chain will become unsupported. This is happening with many on-premise solutions. Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer?

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3 Things you Should Know About Hyperlocal Supply Chains

C3 Solutions

This post was originally posted on The Logistics Broker and was written by Joe Oliaro.

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To Move Forward, We Need to be Clear on What We Are Automating

Supply Chain Shaman

For the past six years, I have spent my labor day weekend preparing for the Supply Chain Insights Global Summit. Next week, I will welcome over 100 participants to the annual event. The event is designed to Imagine Supply Chain 2030. The format of the conference is different than most. There are no vendor booths or paid speaking engagements. I handpick each of the speakers and work with industry leaders to develop content.

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20 Things to Know about Supply Chain Digital Transformations

Logistics Viewpoints

There are twenty things companies need to know if they are contemplating a digital supply chain transformation. One thing that is very important, is that they learn about a new set of solutions called Supply Chain Collaboration Networks. The post 20 Things to Know about Supply Chain Digital Transformations 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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Why Omnichannel Supply Chain Success Depends on Inventory Optimization

GlobalTranz

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges. What’s Wrong With Current Inventory Optimization Processes? Apart from organizations that have recently invested and implemented.read More.

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As Baby Boomers Retire, Don’t Let Tribal Knowledge Retire with Them

Enterra Insights

The youngest members of the generation known as Baby Boomers are approaching retirement age. If companies allow Baby Boomers’ years of expertise to walk out the door without capturing it, they are losing a valuable asset. Rebecca Brinkley, Director of Marketing and Communications at the American Gear Manufacturers Association, writes, “As the last of the baby boomers round their way up to 60, companies are slowly realizing that their retiring leadership is leaving gaps in intelligenc

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. With supply chain complexity on the rise, can new technologies help to improve forecast accuracy and achieve benefits like an optimized inventory and better customer service?

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Gartner Supply Chain Conference: Trends 2019

The Network Effect

I recently presented at the Gartner Supply Chain Executive Conference in Phoenix Arizona. It was a great conference, and I. The post Gartner Supply Chain Conference: Trends 2019 appeared first on The Network Effect.

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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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ToolsGroup and Optimas to Discuss Supply Chain Planning Digital Transformation at North American Supply Chain Executive Summit 2019

ToolsGroup

Optimas will share how it’s partnering with ToolsGroup to manage supply chain complexity. and demand uncertainty. BOSTON (Sept 5, 2019) – ToolsGroup, a global leader in supply chain planning software, shared details of its participation with Optimas Solutions, a leading global industrial distributor and service provider, in the North American Supply Chain Summit (NASCES19), taking place September 10-11 in Chicago. .

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5 Reasons Why 5G Adds Value to Your Supply Chain

Logistics Viewpoints

5G connectivity will shape tomorrow’s fulfillment operations - nullifying latency, extending the cloud's reach, enabling real-time inventory status updates, supporting real-time analytics and more. It will provide at least ten times faster data transfer compared to 4G cellular networks. Event management of in-transit goods offers a great example of 5G’s value.

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Leading Challenges in Inventory Visibility and How to Solve Them

GlobalTranz

Supply chain leaders and managers have a mountain of responsibilities and oversee vast enterprises. Timeliness, speed, and order accuracy are some of the most in-demand aspects of today’s omnichannel world, but significant challenges still exist with inventory visibility. Failure to overcome these challenges will lead to additional problems throughout the supply chain, resulting in poor.read More.

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Agriculture in the City

Enterra Insights

Readers old enough to remember the 1960s, might recall the television show “Green Acres” starring Eddie Albert and Eva Gabor as a couple who move from New York City to a country farm. The theme song for the show was written by Vic Mizzy and it began with the lyrics: Green acres is the place for me. Farm livin’ is the life for me. Land spreadin’ out so far and wide.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

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How do supply chain professionals rate their demand forecast’s accuracy?

AIMMS

Part I in our series on assessing your Demand Forecasting process. It’s no secret that demand is getting more difficult to predict. Is your demand forecasting process evolving with the times? How does your process stack up against others? Are you satisfied with your level of forecast accuracy? We are running a quiz to help supply chain professionals address these questions.

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Throwback Thursday: Excel and supply chain planning

Kinaxis

by Bill DuBois. It’s appropriate that I’m reading Nucleus Research’s piece “ Beyond Excel in Supply Chain Planning ” on a Thursday. I’m having a throwback Thursday moment as it was back in 2013 I made the case for Excel in a blog post titled, “ Hey software bullies, stop picking on Excel.” In my blog I observed that Excel was picking up the analytical gaps found in ERP systems.

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Digital Transformation in Supply Chain Planning: Barrier or Enabler?

ToolsGroup

Study shows most companies are still formulating and gaining support for a digital strategy, and fear of change is the biggest roadblock. By George Fowler, group vice president, Spinnaker Supply Chain. Has your company initiated a digital transformation initiative? What’s driving you, or holding you back? If you’ve not yet embarked on your digitization journey, you seem to be in good company.

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Where Does Last Mile Go from Here?

Logistics Viewpoints

Omni-channel continues to be one of the hottest trends in supply chain management today, basically touching every software application you can imagine. In order to truly be omni-channel, retailers and brand manufacturers must provide a unified brand experience for their customers. This is true for all three major phases of the customer journey – before, during, and after the sale.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Cloud-Based WMS vs. Legacy WMS: A Primer

GlobalTranz

Many discussions are occurring that reflect the need to upgrade systems, but companies remain reluctant to abandon their legacy systems. Meanwhile, a modern warehouse management system (WMS) deploys cloud-based capabilities to overcome small challenges that would present significant hurdles for legacy updates. Instead of going it blindly, supply chain leaders need to understand the limits.read More.

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Don’t Wait to Start a Supply Chain Digitization Practice

Talking Logistics

Digitization is not the future of effective supply chain management; it is the present. Organizations that are slow-walking the adoption of a digitization initiative are risking their competitive advantage and leaving significant money on the table across every link in the supply chain. Nevertheless, it is easy to understand why organizations might not pursue this.

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Dealing with Unsupported Network Design Software? There’s a Silver Lining

AIMMS

It can be incredibly frustrating when the software you use to run your supply chain will become unsupported. This is happening with many on-premise solutions. Some tools may be acquired by competitors, who then incorporate them in a vastly more expensive package. The dilemma here often is: do I take the path of least resistance and upgrade to my current vendor’s costly new package, or do I risk running my business on a legacy solution a bit longer?

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Kinaxis Certification Program introduces digital badges

Kinaxis

by Joe Cannata We live in a world where social media presence is on a steep rise, skill validation and verification is reaching new heights, and building your own brand is critical. To keep pace with the expectations of a credentialed workforce, Kinaxis is pleased to introduce digital badges to our certified base. Keeping pace with the modern economy.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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With Brexit Looming, New Supply Chain Requirements Emerge

ToolsGroup

On October 31st, the United Kingdom will leave the EU, with or without an exit deal. This, combined with the 2019 EU election results that changed the political landscape, opens speculation regarding this alternative reality, and what requirements it would put on companies in the EU. Since the establishment of the European single market in 1993, member countries of the EU have had the privilege of enjoying the guaranteed free movement of capital, goods, services, and labor within the EU without

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Beware of Real-time Transportation Visibility “Big Hat, No Carrier”

Logistics Viewpoints

Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”.

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Final Mile Technology: What Tools Do Freight Shippers Need?

GlobalTranz

How often do you really think about final mile technology? The chances are good that the final mile is often an afterthought, but the likes of Amazon, Walmart, and Target are changing the narrative. As explained by Supply Chain 24/7, technological development has changed the way supply chains operate, and ongoing development will bridge the.read More.