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Companies are hoping to continue their revenue growth in 2018 by setting priorities for manufacturing in 3 key areas. KLR has released the results of its annual manufacturing industry outlook report , and the optimism following last year’s elections will continue straight through 2017. With promises of tax reform, decreased federal regulations and looser trade agreements, manufacturers have slowly seen revenue growth throughout the U.S. markets.
2017 is just about in the books, and it has been a busy year for the supply chain industry. Let’s look back at ten of the top logistics stories of the year. Drones 2017 has been the year of the drone. There’s been a lot of interest in using drones for last mile deliveries. In the US, an easing of FAA regulations could finally make it a reality, which is good news for the likes […].
Editor's note: Due to the holidays, there will be no blog post next week. Happy Holidays and Happy New Year! Many companies are taking a serious look at “digital transformation” and it’s possible to think that it requires a big leap or a daunting hurdle to transform your business. But there is also an easy and accessible digitalization step available to nearly all companies, and it involves leveraging the data assets y ou already have.
Declining letter volumes and parcel competition are serious challenges faced by postal companies. Having a competitive supply chain is key to thrive, and survive, in this environment. How can postal companies make headway? The answer lies on changing culture as much as it does on rethinking technology. Change should start with culture and organizational alignment.
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.
by John Westerveld Twenty-five years ago, I bought my first personal computer. One of the first applications I installed was a cookbook — the killer home PC application of the time. The second application was Quicken to manage my finances. Funds were tight then and I really needed to keep tabs on my spending. Every transaction was meticulously entered, every statement validated against my records.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.
From RFID and Drones to Autonomous Vessels, new technologies are already transforming and enhancing supply chain. But how will these technologies revolutionize supply chain management in the coming years? Take a look at the interactive graphic below to find out. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.
There are several key supply chain trends to watch in 2018. Omnichannel Revenue Management The retail supply chain has been going through a massive transformation. Traditional brick and mortar retailers seek to leverage their stores to better compete against Amazon and other ecommerce retailers. ARC’s Chris Cunnane does an annual survey omnichannel retail in conjunction with DC Velocity.
Since the beginning of time – OK, since the beginning of demand forecasting the standard approach has been a single number forecast that works relatively well with stable high volume demand. Traditional forecasting tools such as SAP APO, designed 25 years ago or more, generally hold their own in this environment. But conditions have developed and grown over the years into areas where traditional signal number forecasting struggles to offer satisfactory results, and a new probabilistic forecastin
The digital age has just begun. We haven’t seen the full force of disruptive business and operating models and there is no doubt that many more will keep emerging. We are only beginning to see the impact that digital transformation will have on our human resources as well. This will demand the creation of new and higher levels of personal development and organizational effectiveness to manage and sustain this culture transformation. .
by Alexa Cheater Outplay your competition with a smarter, stronger demand planning strategy. Customer demands are changing. So why isn’t your demand planning strategy? It’s time to level up your demand planning and experience revolutionary breakthroughs in supply chain performance, planning and profitability. Demand complexity is increasing thanks to consumers who now want more customization, omni-channel purchasing options, rush delivery, easy returns, and environmentally and ethically crafted
Editor’s Note: This is one of the most popular posts we publish every year: our list of supply chain and logistics events to attend in the coming year. Most of the conferences on our list are in the U.S., although some are in Europe, South America, and Asia. Many of the leading ERP and supply chain software vendors have customer events in various countries around the world.; you can check their websites for information regarding dates and locations.
In the omnichannel supply chain , where order accuracy and on-time delivery are paramount, the difference between getting the right product to consumers at the right time and getting a similar product to consumers at the right time could be disastrous. This difference can have catastrophic consequences for the success of your business, including lost revenue for returning the product, processing the return, shipping out the correct product, and time spent in addressing the issue at your customer
Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. By John Edmonds, Research & Marketing, Freightos. Early week snowstorms at major airports (like Frankfurt and Atlanta) continue to play havoc, while peak air season may extend into February. Rates have been stabilizing, but by the time pre-Christmas backlogs are cleared, the Chinese New Year surge will kick in.
“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.
Grocery stores, long thought to be immune to the “Amazon Effect”, were shaken in August of 2017 when Amazon acquired Whole Foods. While companies like Instascart and Peapod have provided home delivery for years, this acquisition was like a shot across the bow for many grocers. About 40 million homes are within 5 miles of a Whole Foods, and Amazon plans to use that proximity to change how Americans buy groceries.
Declining letter volumes and parcel competition are serious challenges faced by postal companies. Having a competitive supply chain is key to thrive, and survive, in this environment. How can postal companies make headway with digital transformation? The answer lies on changing culture as much as it does on rethinking technology. Change should start with culture and organizational alignment.
by Bill DuBois Every business plans, but not every business runs as planned. Delays, shortages, quality issues, catastrophic weather events and fluctuating commodity prices are just a few examples of the exhaustive list of worries that will throw plan into disarray. Achieving a realistic forecast and aligning supply plans is an extreme long shot at best.
As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 43 episodes produced in 2017, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. 217 posts published on a wide range of timely and important industry topics, including the most comprehensive weekly news roundup in the indus
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
There are many different types of pallets, so knowing which one you should order for your business can be tricky. Associated Pallets have produced a helpf ul guide to help you when choosing pallets. The guide outlines the factors you need to consider when choosing a pallet for your business based on your requirements. When Choosing Pallets, You Need To Know What Material You Need.
It is widely known that the term “supply chain management” was popularized by Keith Oliver, among others, in the early 1980s. Interestingly, in a 2003 strategy+business article , Oliver has revealed that, looking for a catchy phrase, his consulting team originally proposed the term “integrated inventory management” (I2M). While, in our modern understanding, SCM is focused not only on intra- but also inter -organizational coordination and typically takes a more strategic p
The definition of celebrity is a famous person, VIP, very important person, personality, name, big name, famous name, household name, star, superstar, celebutante, leading light, giant, great, master, guru. In that case why do I only know 3 people from the 2017 series? One boxer, a footballer with an ironic surname and Boris Johnson’s father. I don’t know Mr Johnson either, but he helped produce Boris the buffoon so probably deserves to endure a degree of hardship.
The speed and convenience of e-commerce has raised consumer expectations. When it comes to postal and express services, it’s no different. Nowadays, it is common for people to order what they need through online stores and receive the ordered goods in their homes or offices. However, a simple standard delivery is not enough anymore. They want to have the flexibility to select delivery times and collection points as well as customized options.
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.
by Alexa Cheater Supply chain management without an operational forecast – is it possible? Yes. Yes it is. At least if you’re one of the world’s largest providers of railcar services and products. TrinityRail, part of Trinity Industries, Inc., ditched operational forecasting in favor of a sense and respond supply chain, and the results speak for themselves.
One week to go before we go on hiatus for the holidays, which means I have one week to finish a million things on my “To Do” list. So, without delay, here’s the supply chain and logistics news that caught my attention this week with some brief commentary: Target to Buy Grocery Delivery Startup Shipt for $550 Million (WSJ – sub. req’d). Supervalu expands Instacart program to all of its retail stores (StarTribune).
The capacity crunch is starting to take hold of the shipping industry. The onslaught of tropical storms, hurricanes and an expected, record-breaking holiday shopping season spell C-A-P-A-C-I-T-Y C-R-U-N-C-H. However, this capacity crunch is likely to exceed even the worst capacity crunches in history, says Karen Sage of Talking Logistics With Adrian Gonzalez.
Today I present my personal predictions for supply chain management in 2018. Sustainability and digitization will certainly top the SCM agenda! First, much more action is needed to combat global warming. SCM could play a key role to cope with this challenge, as a “supply chain” rather than “company” perspective helps to understand that upstream greenhouse gas emissions may occur anywhere in the world.
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
By Krista Sterner , Event Marketing Director. Planning is well underway and registration is open for Modern Supply Chain Experience, taking place from January 29–31, 2018 at the San Jose Convention Center. Now in its sixth year, the conference will feature over 100 sessions presented by Oracle customers, experts, and supply chain partners; in-depth product demonstrations; and numerous networking opportunities.
by Alexa Cheater Focus on a practical approach to implementing artificial intelligence (AI) and machine learning (ML) in your supply chain planning. That’s the advice from industry-leading experts, as heard in our recent webinar, A pragmatic approach to getting started with artificial intelligence in supply chain planning, now available on-demand. Hosted by Robert Bowman from SupplyChainBrain, guest speakers Brian Tessier from Schneider Electric, Paul Cocuzzo from Merck and Trevor Miles from Kin
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