February, 2017

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory.

MSD’s journey to remove silos in its end-to-end supply chain

The 21st Century Supply Chain

by Alexa Cheater Eliminating silos from any company’s supply chain planning processes comes with challenges. And those challenges are only amplified the bigger your supply chain is.

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BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

BASF creates chemistry. Over the last two decades the company successfully leveraged global scale to define supply chain leadership.

5 Supply Chain Projects That Could Drive Millions to Your Bottom Line

LeanCor

Every budget cycle I hear supply chain professionals asked to squeeze more from the already dry towel laying on their desk. International competition and customer pressures are driving prices down, and shareholders are still expecting the same returns.

Chasing Amazon? Learn About Dynamic Warehousing Strategies

Amazon has significantly changed the supply chain rules. This white paper addresses how on-demand warehousing helps organizations even the playing field by combatting Amazon scale with industry scale and meeting evolving consumer expectations.

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Supply chain risk management in 2017

The 21st Century Supply Chain

by Bill DuBois Financial crisis. Check. Environmental catastrophes. Check. What’s next? Is this the year of political disruption? Working in supply chain is like starring in a Rocky movie. You keep getting knocked down and you have to keep getting back up.

Different Strokes for Different Folks (to Yield Better Results?)?

Supply Chain Shaman

This week I spent time in Silicon Valley talking to technology innovators. Disruption in supply chain planning is happening. My angst is that it is not happening faster. We are on a path to reinvent decision-support technologies like supply chain planning. The third act is starting.

Supply Chains – Managing internal & external 3/4PLP expectations

Enchange Supply Chain Consultancy

American sit-coms. With very few exceptions I personally do not find them at all funny. At times the funniest part is hearing the hilarious canned laughter when nothing in the least bit humorous occurs.

3 Compelling Reasons to Start Using Prescriptive Analytics

AIMMS

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action.

Leveraging Supply Chain Data for Competitive Advantage

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

6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

Cerasis

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards.

Global Trade Networks: Reaching the Next Level of Supply Chain Performance

Talking Logistics

There’s a growing discussion today about how companies need to look at the various processes that have historically been called supply chain management through a different lens — namely, a global trade network lens. But what does that mean exactly?

Technology questions YOU should be asking

The 21st Century Supply Chain

by Justin King. For most humans, the fear of public speaking ranks #1 on the list of ‘things most feared’ – often scoring higher than death. Apparently my genes were cross-connected at some point and I actually enjoy opportunities to speak.

Shifting from “Linear Thinking” towards “Circular Thinking”

SCM Research

Shifting from “company thinking” to “supply chain thinking” has successfully replaced the system , managers had in mind when making their decisions. This shift has put some of the parts of what has formerly been considered the company’s unmanageable environment into their unit of analysis.

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.

Supply Chains – A second look: What do all those initials really mean?

Enchange Supply Chain Consultancy

In common with many business functions Supply Chains adopt multiple initials and/or acronyms to describe various tasks and processes they manage on a daily basis.

S&OP 47

Customer Experience Now a Top Priority in Supply Chain Operations

Material Handling & Logistics

Only 3% say current systems “fully support efforts to improve the customer experience” while more than 66% report existing systems do nothing to improve customer experience. read more. Global Supply Chain Transportation & Distribution News

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations.

Combating the Growing Risk and Uncertainty of Global Trade

Talking Logistics

Globalization has been going on for a long time, but it continues to morph and shift in different directions. When you look at recent developments, like Brexit and the trade views of President Trump, do companies need to approach globalization differently moving forward?

The Modern Supply Chain: Present and Future

The external manufacturing environment is a highly dynamic, ever-changing landscape. The supply chain must both anticipate and adapt to that change.

Is it time to take your supply chain glocal?

The 21st Century Supply Chain

by Alexa Cheater Nope, that’s not a typo. I really did mean glocal. In case the term is new to you, glocal, in a supply chain context, is the blending of global integration with local responsiveness.

Laying the Foundation for Advanced Supply Chain Planning Capabilities in the Food and Beverage Industry

Logility

As a former Director of Supply Chain Management for a large multi-channel food manufacturer I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving F&B industry.

How Important is 1% to Your Supply Chain?

Supply Chain Nation

Perhaps you’ve seen the recent mobile service ads, where the pitchman talks about a 1 percent difference in reliability. He and other characters in the commercial mock the importance of spending more for only a 1 percent difference in service. Perhaps I’m just tired of seeing this guy; he’s gone from pitching the “Can you hear me now?” provider to this new gig.

The Valentine's Day Supply Chain By the Numbers

Material Handling & Logistics

Fronetics. Sorry Cupid, Valentine's Day is the work of logistics and supply chain. read more. MH&L Wire Global Supply Chain News

Balancing Priorities in the Supply Chain: How Data Discovery Reveals Unseen Associations and Opportunities

Leading companies are constantly managing competing supply chain priorities.

The “First Five” Industrial Manufacturing Trends of 2017

Cerasis

Where and how manufacturers make products for Americans will change in 2017. Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books.

Stuck at 33%: The True State of TMS Deployment

Talking Logistics

When I first started researching the transportation management systems (TMS) market more than 18 years ago, industry analysts (including me) often stated that only 33% of companies had implemented a TMS. Fast forward to today and the same statistic is still being quoted.

Xilinx: Fight the urge to be precise – How supply chain technology is helping Xilinx

The 21st Century Supply Chain

by Melissa Clow For Xilinx Inc., a supplier of programmable logic devices, the focus is more on speed than optimization, says Alex Brown, vice president of supply chain. That’s not to say the latter is unimportant.

A.P. Moller-Maersk Reports Q4 and 2016 Performance- More Signs of Ongoing Global Transportation Industry Turbulence

Supply Chain Matters

Moller-Maersk, the parent of global container shipping lines leader Maersk Line reported both fourth-quarter and total FY16 financial performance this week and the company’s shareholders were not pleased. The shipping industry further gained another reality check as to the ongoing implications of container shipping overcapacity. For the recently concluded quarter, financial headlines included a […].

The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.

Common Sales and Operations Myths Part 4 – Spreadsheets are King

Logility

This is the fourth in a series of posts that investigates some of the myths or mistruths I have heard over the last 20+ years concerning Sales & Operations Planning (S&OP). The topic of today’s post is one we hear often and industry research shows it is not going away fast enough.

Five Important Supply Chain Events of 2016

Material Handling & Logistics

“The earthquakes that impacted southern Taiwan and Japan in the first half of the year, and the bankruptcy declaration of Hanjin Shipping caused considerable disruptions to global supply chains,” said Shahzaib Khan, director of EventWatch at Resilinc. read more. Global Supply Chain News

2017 Top 10 Yard Management Challenges

PINC YMS

Based on our independent research, the productivity of today’s complex warehouse and manufacturing operations will be impacted by the following inefficiencies in yards: 1. Delayed shipments to and from the warehouse 2.

Global Trade Networks Create a Single Version of the Truth for Retailers

Talking Logistics

Drop shipping is becoming more and more popular among retailers as the “Amazon effect” creates intense pressure from customers for quick delivery. Retailers are willing to take the risk associated with releasing the inventory management and fulfilment process so product moves faster. However, the process involves a lot of moving pieces within the supply chain making visibility and collaboration more important than ever.

Machine Learning: A Quantum Leap in Forecast Accuracy for the Modern Supply Chain

Whether you realize it or not, Machine Learning is having a profound impact on your everyday life.