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Current and future capacity crunches are often analyzed for impact in the U.S., but they exist around the globe. The same holds true for their impacts on varying transportation modes. All modes of transit feel the effects of capacity crunches, but those that suffer the biggest effects tend to involve ground-transit, including less-than-truckload (LTL), full truckload (FT) and parcel shipping.
Inquiry is increasing. Company dissatisfaction with supply chain planning is growing. The goal is to improve insights while decreasing the number of planners. The growing dissatisfaction is on the inadequacies of today’s technologies. Yesterday, I facilitated a group of business leaders attempting to drive innovation in supply chain practices.
by John Westerveld I came across a KPMG study last week covering a survey of 360 senior executives Forbes Insights did in 2016. There were a couple of key takeaways from the report: Manufacturers are planning on growth, but the overall market isn’t likely to grow. This means companies will need to battle for a bigger piece of the pie. The need for supply chain visibility is greater than ever, yet only half of the executives surveyed say they have the visibility they need to make decisions
Editor's note: Due to the Thanksgiving holiday, there will be no blog post next week. The problem with strategic network design is when it accounts for service time but not service level. That is, it accounts for the time it takes to serve customers, but not the probability that a certain percentage of the orders will be delivered within that time. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory i
As the United States continues to recover from Hurricanes Harvey and Irma, it seems unnecessary to warn supply chain risk … Continued. The post Weather Disasters Usher in New Era of Supply Chain Risk Management appeared first on Enterra Solutions.
The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.
The Digital Age Is The New Competitive Arena For 3PLs. This contributed article by Erik Hofmann , Chair of Logistics Management, University of St.Gallen and Florin Osterwalder , Lampe & Schwartze Marine Underwriting, Bremen is based on their recently published research paper. 3PLs provide a wide range of logistics services and have become core players in the logistics industry.
Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management.
Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The presentation focused on nine themes. One of the nine was blockchain. I asked the audience for a show of hands to understand how many of the supply chain leaders in the room were testing blockchain. I saw no raised hands. Later that afternoon, I hosted a webinar featuring blockchain case studies.
by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute. You can download the report here. There were some interesting ideas that came out of this study, like how collaboration in supply chain management is key to success.
Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. In their recent report titled Carefully Assess Which Tools Are Right for Each Stage of Supply Chain Planning Maturity (20 October 2017, Tim Payne & Amber Salley), the analyst firm describes the right tools to get from one level to the next.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
Karen Sage, Chief Marketing Officer at MercuryGate, addresses the following questions and more in this timely and informative episode: Why is converting data into actionable intelligence so important today? What are the main challenges shippers and logistics service providers face in this area? How have BI/analytics capabilities in TMS evolved over the years?
In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance.
On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. This announcement continues the trend of supply chain software market consolidation. Here I share what I believe that this means for the market. A Look Back . Logility is a well-established player in the supply chain software market. With over forty-years of experience in SCM software, Logility went public in 1997.
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 Mike McAllister Courtesy of the Science Museum of Minnesota/Netflix. As a teenager in the 80s, it probably comes as no surprise I relate heavily to every cultural reference in Stranger Things. From the hair (I coveted to Steve’s A-Ha inspired coif) to the arcade (DigDug not so much – I would spend my allowance quarter by quarter on Star Castle and Defender, instead) and everything in between, the binge-watch worthy Netflix series contains pop culture Easter eggs in virtually every scene.
You should be interested in applying disruptive technologies in your supply chain not only at a physical level, like in transportation and logistics, but also at a more virtual level in your supply chain planning. And you should be thinking about them now, because disruptive technologies have a first mover advantage. If you are not the disruptor in your supply chain, you become the disrupted.
What are companies looking for in supply chain network design technologies ? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report c o vers per ceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by comp
Companies re-assessing the nature of their supply chains are shifting priorities and realizing new value What is a Supply Chain? The post What Supply Chains Really are and Why it Matters appeared first on The Network Effect.
The supply chain is the world’s most complex logistics challenge, where efficiency and accuracy are critically important to ensure goods are accessible to consumers when needed. Enterprise Resource Planning (ERP) systems play a key role for wholesale distribution companies in this process, serving (among other things) as the inventory management software that attempts to ensure that the right products are available in the right quantities at the right time and place.
Within one month, the electronic logging device mandate will take effect. While shippers have known about the mandate for two years, truckers, shippers and carriers are still concerned about how it will impact capacity. Paired with soaring manufacturing and tightening capacity within the last month, the electronic logging device (ELD) mandate could cause the capacity crunch to worsen.
Tremors. Seismic shifts. Supply chain management technology has a fault line. It is growing. The technology market for supply chain management is dramatically shifting. Last week I bounced from call to call. Innovative startups. Artificial Intelligence innovators. Blockchain ventures attempting to define business processes and new approaches. In parallel, I am also seeing market consolidation of traditional applications.
by Alexa Cheater Mesmerizing. Motivating. Magical. That’s how best to describe the experience of hearing famed Canadian astronaut and former commander of the International Space Station (ISS) Chris Hadfield address the crowd at Kinexions, our annual user and training conference. Hadfield’s inspiring presentation focused on preparedness, failure and what it takes to blast into the future.
For the first time in franchise history, the Houston Astros are world series champions. The Astros outlasted the LA Dodgers in a thrilling seven game series to bring home the crown. As soon as that final out was made, the real planning began. And no, I’m not talking about how the Astros can build off of this year’s team in free agency to defend the title next year.
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
What are sidewalks made out of? If you said cement, you would be wrong; sidewalks are typically made out of concrete. Yes, there is a difference between cement and concrete, even though many people (including me, I admit) use the terms interchangeably. Cement is one of the raw materials that goes into making concrete, which is the finished product. I learned that fact (and many more important things) at the Command Alkon ELEVATE 2017 conference in New Orleans this week.
The development and history of warehouse management systems (WMSs) have had a profound impact on how the supply chain functions. However, few understand the history of WMS and how it evolved to encompass item tracking, storage data, inbound and outbound shipping, picking and much more. Rather than trying to look at every small detail that led up to the modern WMS, let’s take a look at some of the most notable advancements in its history.
This week, E2open announced a definitive agreement to acquire Zyme. For readers of this blog that do not know Zyme, the company focuses on the management of channel data in the high-tech industry. The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. This source of channel data is very industry specific to the high tech market.
In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
by Iman Niroomand What does a machine-learning (ML) algorithm have to do with the Super Bowl? When it comes to forecasting and demand management , a lot. Consider this: According to the National Retail Federation , approximately 189 million people watched Super Bowl LI, and viewers spent an average of $82.19 on electronics, apparel and food specifically for the game, up from $77.88 compared to the previous year.
Our industry has gone through some significant changes in the last 10 years and we’re likely to go through even more thanks to factors like omni-channel, autonomous trucks and increasingly complex routing. The good news is that a transportation management system (TMS) can give you one of the strongest ROIs of any supply chain management […]. The post Talking Logistics: Top 5 Factors When Choosing a TMS appeared first on 3GTMS.
Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now. Every company on the planet that has a significant supply chain operation is plagued by inventory reconciliation problems. It’s the nature of the game, and to overcome this challenge, companies have historically used better forecasting, shifted safety stock levels, and enhanced order point and order quantity processes.
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