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.

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.

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.

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.

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.

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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.

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.

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.

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.

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.

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%.

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.

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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.

Removing the 3 Barriers to Building a Predictive Supply Chain

Machine Learning and AI are not magic bullets to solve all supply chain problems. Despite many software companies slapping AI on everything the reality is that there are a lot of hurdles to overcome before AI can be effective. Learn how to leap them.

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.

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?

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.

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.

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Connecting Supply Chain Planning to Profitability

What collaboration between supply chain and ?nance can achieve.

[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.

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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.”.

The future of integrated business planning

The 21st Century Supply Chain

by Alexa Cheater Prescriptive analytics and artificial intelligence are coming. In my previous blogs I talked about integrating finance into supply chain operations, including outlining how integrated business planning (IBP) can help.

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.

Increasing Supply Chain Visibility and Security

Securing the supply chain starts with having visibility into the status of your assets, but this requires more than GPS coordinates on a map, because security isn’t just about preventing theft. Your assets don’t just need to arrive at their destination. They need to get there on time and untainted by heat, moisture, or physical shock.

The Importance of Demand Planning

Logility

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ ’ Why?

Why Taxing Automation is a Bad Idea

Talking Logistics

Late last year, a San Francisco politician launched a statewide campaign to raise money for a California ballot that would penalize private enterprise for embracing automation in the workplace.

These 5 Top Logistics Trends for 2018 are a Response to the Growing Customer Experience Movement

Cerasis

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. Yet, some may be asking, “why has demand increased so much?” To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement.

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Supply Chain Strengthens Kraft Heinz Bottom Line

APICS

As my kids have gotten older, I have started worrying less about what they are packing for lunch, and more generally about how they are living (or will soon live) on their own

Real time analytics for your S&OP Meetings?

If you aren't running a well-oiled Sales & Operations Planning process with the added benefit of sophisticated supply chain analytics & optimization - you are probably leaving major revenue and margin opportunities on the table. S&OP has become a standard process to improve business performance, collaboration and predictability. Ready to take things to the next level? This Guide offers insights into where commonly used technologies fall short, and what you should look for to get more value from S&OP using analytics. Download the buyer’s guide for S&OP.