Sat.Aug 24, 2019 - Fri.Aug 30, 2019

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5 Reasons Why Carriers Are Customer-Obsessed

Freightos

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. Historically, a carrier’s relationship with importers and exporters was built by sales people. The best of them accumulated books of business contacts, which moved companies with them.

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Final Mile Delivery Drivers: Why Are Shippers Looking to Adopt More Final Mile?

GlobalTranz

E-commerce will continue to grow significantly, and according to Supply Chain Dive, much of this innovation and disruption derives from the record-breaking growth of Amazon Prime. In fact, Amazon Prime is growing at a rate of 30% annually, and consumers continue to demand faster and cheaper deliveries. Recently, Amazon announced free same-day shipping on millions.read More.

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Machine Learning in the Supply Chain

Logistics Viewpoints

One area of interest in today’s end-to-end supply chain is machine learning. And this is certainly a topic that we have written about quite often. Over the last few months, Steve Banker, Clint Reiser, and I have written about artificial intelligence and machine learning in a number of contexts and how it impacts the supply chain. These topics have included transportation management, warehouse management, and supply chain planning, among others.

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Unlocking the Value in Your Supply Chain Network

The Network Effect

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Infographic: How to Win Big with Machine Learning for Demand Planning

ToolsGroup

So you’ve done your homework and know that machine learning and demand planning go together like peanut butter and jelly. But whoa there! Don’t dive in quite yet. The key to sustainable supply chain benefit from machine learning is taking a thoughtful approach at the very beginning by establishing goals, devising a strategy, testing results and refining your approach as you go.

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This Week in Logistics News (August 24 – 30)

Logistics Viewpoints

For the last few months, Patriots fans have been wondering what Rob Gronkowski’s “next chapter” will be. As a fan, my obvious hope was that after some down time and the chance to heal his body, he would decide to rejoin the team. Earlier this week, Gronkowski held a press conference to finally announce his next chapter. And while he did not rule out a return to the field (nor did he in any way […].

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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Infographic: How to Win Big with Machine Learning for Demand Planning

ToolsGroup

So you’ve done your homework and know that machine learning and demand planning go together like peanut butter and jelly. But whoa there! Don’t dive in quite yet. The key to sustainable supply chain benefit from machine learning is taking a thoughtful approach at the very beginning by establishing goals, devising a strategy, testing results and refining your approach as you go.

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Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

[00:38] Please introduce yourself and your company. I’m Gary Sostack, President and Founder of ElementaLogistics LLC. We assist 3PLs with their bid packages to corporations, and we work with corporations who don’t see supply chain as their core activity. [01:20] Tell us a little about your background. I grew up in New York and graduated from the New York Institute of Technology.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Demand Planning Breaks Down During Recessions

Logistics Viewpoints

Bonds had a yield curve inversion on August 14th. This often often signals a recession within about 14 months. Demand planning is difficult in these circumstances. This article discusses how supply chain teams can do better in these circumstances. The post Demand Planning Breaks Down During Recessions appeared first on Logistics Viewpoints.

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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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Retail Compliance Programs: How to Exceed Retailer Expectations

Talking Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry — have the right product in the right.

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What’s Your Burger Made of This Labor Day Weekend?

Kuebix

Beef burgers have been a summer barbecuing staple for generations of Americans. From Memorial Day to Labor Day families and friends will gather to share this favorite food in backyards across the country, not to mention year-long at many popular fast-food chains. The traditional beef burger is changing, however. Now, when you head to your […].

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Effect of Shutdowns (or Other Supply Disruptions) on Demand Variability

Arkieva

When trying to forecast demand for the future, it is important to understand the variability in the underlying dataset. Effect of Shutdowns (or Other Supply Disruptions) on Demand Variability was first posted on August 29, 2019 at 9:28 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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What-if Scenario Planning is a Waste of Time

Adexa

Everyone loves what-if planning because it allows you to change certain variables and see what the potential outcome might be and then pick the “ best ” strategy. There are millions of variables in any supply chain model. How do you know your selected scenario is the best one? It is probably the best that one can do given the limited computational capability of humans but it is not the best scenario and certainly not the optimized scenario!

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Are Ghost Assets Haunting Your Inventory Control?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers! Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. Imagine an asset that, instead of contributing to a business’s success, costs it money without producing return, makes it harder to get an accurate picture of performance and otherwise hinders its success.

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Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Sustained marketplace success and effective supply chain management go hand-in-hand. Why? Organizations that cultivate and maintain reliable yet malleable logistics channels can source the material needed to produce impactful products with minimal overhead and deliver these items swiftly to anticipative consumers. In fact, 62% of logistics, supply chain, and transportation executives say their companies are undergoing profound supply chain transformation , according to a 2019 report from Forbes

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

Brookes Supply Chain Planning Blog

You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP).

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Implementing Blockchain into Your Supply Chain Workflow

Supply Chain 24/7

Andrey Zhulin, co-founder and CEO of Insola, believes that blockchain technology should bring real value beyond the hype, and it should create new business opportunities, decrease costs and increase transparency, it can transform the whole economy, across all supply chain industries.

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When a Hurricane Hits: See & Solve Shipment Delays in Real Time

Savi

Savi’s tagline is “The Value of Knowing.” As Hurricane Dorian bears down on the ports of Florida and potentially others up the East Coast, knowing where your shipments are in relation to the storm is pretty important. All vessel movements in the region are expected to come to a halt as Dorian batters the southeastern US. Current forecasts have the storm making landfall along the east coast of Florida Monday morning, potentially as a Category 4 hurricane.

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Pursuing Your Passions

BlueYonder

At a young age, Julie Papagiannis knew she wanted to pursue a career in STEM (science, technology, engineering and math). A senior customer executive at JDA, Julie brings a unique perspective to this week’s Wednesdays for Women blog sharing her journey from computer programming and pre-sales to her current role, which combines her passions for travel, people and technology.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Why Counterfeiting Is So Dangerous

Shipchain

If you’ve been following our blog, you’ve noticed the term “counterfeiting” here and there. It’s a huge issue in shipping and logistics, but it certainly doesn’t stop there. For the majority of people, the first thing that comes to mind is counterfeited goods. Fake handbags, knock-off sunglasses, inauthentic sneakers, and so on. And while finding out that your designer clutch is actually a fake can be devastating to both your pride and your wallet, in truth, it could be much worse.

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Walmart and Nordstrom are Testing Micro-Fulfillment Centers

EnVista

Understanding the True Cost of a Security Breach. Consumers’ desire for greater convenience is driving significant growth in online shopping, and their busy schedules are creating the need for flexible fulfillment options. Consumers not only want to shop and buy whenever and wherever; they also want the same flexibility and frictionless experience for receiving their merchandise.

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Building Software In-house: Is It A Good Idea? (Build vs Buy)

HICX Solutions

Cost and Control. While these two factors shouldn’t be the only key drivers behind your decision to push ahead with a project or not, let’s face it – they often play a major role. Organisations will generally want to minimise cost while maintaining as much control as possible. As a result of these key motivating factors, when it comes to the implementation of new software, organisations will often have to weigh-up the pros and cons of two different routes – build from scr

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Get Ready For Back-To-School Shopping: The Supply Chain

Clear Spider

As mentioned last week in our blog post about online versus in-store back-to-school shopping, we are taking a behind the scenes look on how consumers get the items they want – the back-to-school supply chain. Consumers have taken over! This means that it is important for businesses to get themselves, and their supply chain in check, especially during the […].

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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How Driver Shortages Threaten the Shipping Industry

Freight Center

Unemployment levels are flirting with all-time lows. Wages are going up, business confidence is high, it seems like everything in the job market is flowing well! But there’s one job in particular that’s feeling the threat of obscurity. According to the American Trucking Association (ATA), there is a decline in the number of truck drivers in the United States.

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Is it Love, or Cohort Analysis?

Vanguard Software

How fashion, apparel, and footwear brands can leverage analysis of sales data across their network to positively impact their relationships with retail stores.

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Plan for Success with Your Freight RFP

Convey

Logistics and Supply Chain Managers who aim to balance rising customer expectations with the […]. The post Plan for Success with Your Freight RFP appeared first on Convey.