February, 2018

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

I dialed-in, took a sip of coffee, rocked back in my seat. I asked, “ How can I help you?” This is my standard modus operandi. When not traveling, I answer nine calls on average a day.) When I asked the question, an awkward silence followed.

Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests.

How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”.

Your Data Has Value. Learn How Technology Can Unlock It.

Supply chain data is flawed, we all know this. Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. The ability to move from reactive firefighting to proactive planning is closer than you think.

Benefits of integrating finance and supply chain operations

The 21st Century Supply Chain

by Alexa Cheater Bridging finance and supply chain operations improves efficiency. In my earlier blog , I examined common obstacles organizations face when bringing together finance and supply chain operations. Now let’s look at the rewards you can reap by actually doing so.

More Trending

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape.

Trends 273

Building the Digital Supply Chain: Pushing the Bird from the Nest

Supply Chain Shaman

Last week was the sixth anniversary of my founding of Supply Chain Insights. Over 1000 people wrote me congratulatory notes on LinkedIn. Most were from people who I do not know. I find this rewarding and humbling. February also marks my eighth year of blogging.

Why chemical companies need prescriptive analytics for S&OP

AIMMS

The chemical industry is facing some powerful changes that are directly impacting revenues and margins. It’s also highly competitive. Everyone is trying to dominate their niche. This means chemical companies need to be adept at managing costs and profitability. But doing this ad hoc is too difficult.

How to Measure Inventory Health

ToolsGroup

Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up.

The 4 Stages of Supply Chain Analytics

How do you move from “what happened” to “what would happen if”? Most supply chains struggle with the first, and the latter is wishful thinking. What stage are you in? Find out where your supply chain is on the maturity curve.

Overcoming obstacles to integrating finance with supply chain operations

The 21st Century Supply Chain

by Alexa Cheater Using integrated business planning can help. In my earlier blog , I explored how integrated business planning (IBP) can help bring together finance and supply chain operations.

This Week in Logistics News (February 5-9, 2018)

Talking Logistics

Our guinea pig Cow died this morning. The kids named him Cow when he was born. He was a tiny little thing when he was born, smaller than the palm of your hand.

A Crash Course on Navigating Trends in Trucking and Freight for 2018

Cerasis

The e-commerce market is expanding. E-commerce passed $2 trillion in 2017, reports John D. Schultz of Logistics Management with sales expected to surpass $3.2 trillion by 2020. Although this sounds great for most industries, it represents a major problem for the freight trucking industry.

Course 236

Supply Chain Coordination with Contracts

SCM Research

Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.

Your Supply Chain Probably Has a Data Problem - Start There

Common problems like data access and quality are preventing you from taking the first step towards transformation. Modern visibility providers are putting band-aids on bad data, giving you the ability to make misinformed decisions. Solve the data first.

3 companies tell you their success with Quintiq

Quintiq

What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq.

5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For

The Network Effect

Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. However, the aviation. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

The 21st Century Supply Chain

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry.

Supply Chain Management in the Cloud

Talking Logistics

Is the cloud in your future? According to this year’s survey by Harvard Business Review Analytics Services, the top business drivers for adopting cloud and hybrid-cloud technology are: Business agility/flexibility – 49%. Cost reduction/maximize IT investment – 43%. Improved security – 37%.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! Get a free copy of the white paper by filling out the form to the right.

Trends 217

We Have Lift Off!

The Logistics of Logistics

The Logistics of Logistics magazine has officially launched! While, Elon Musk and his SpaceX crew launching a Tesla into space got a little more press than our launch, my merry band of collaborators and I are thrilled none the less. So Why Launch a Magazine?

The Automated Local Fulfillment Imperative

Supply Chain Network

Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’

Gartner's 8 Supply Chain Trends You Can't Ignore

River Logic

Gartner recently identified the top eight disruptive technologies most likely to impact organizational supply chains in 2018. Keep in mind, these trending technologies are scattered throughout the various stages of the Gartner Hype Cycle , which charts the development of technologies from concept to maturity and adoption. Starting with those closest to commercial viability, here the the eight supply chain trends you can't ignore. Prescriptive Analytics Advanced Analytics

Trends 126

End to End Supply Chain Visibility - Solving The Data Problem

People think end-to-end visibility is simply aggregating data from multiple sources, storing it in one place, and serving it up. That task, though hard, is relatively simple; but more importantly, doesn't solve the fundamental challenge - The Data.

Supply chain planning – it’s time to get personal

The 21st Century Supply Chain

by Bill DuBois When sacrificing family time becomes the norm. Supply planning – to profitably align supply with demand. It sounds like something you could get done during an honest day’s work. As it turns out, it’s not that easy.

Dig Deep: What to Know About TMS Hosting, Data Models and Integration

Talking Logistics

If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot.

Data 161

The Top 10 Features of Effective Supply Chain Managers

Cerasis

Editor’s note: Today’s blog is from our friend Brandon Stanley. Brandon is a writer connected with digital marketing and supply chain management. In this article, he writes about the characteristics of an effective supply chain manager. . WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper. The job description of a supply chain manager sure sounds cool, doesn’t it?

Blockchain Basics Webinar

The Logistics of Logistics

Beyond Buzzwords – An Introduction to Blockchain for Business Leaders. With all the buzzwords flying around, it can be difficult to separate Blockchain hype from business reality.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.