Sat.Aug 28, 2021 - Fri.Sep 03, 2021

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Relationship Between Forecast Accuracy and Safety Stocks

Arkieva

A company’s total inventory is built up of many different parts such as strategic stock, anticipation stock, safety stock, cycle stock, unplanned stock. The cycle stock is the one most connected to the demand forecast; it is expected to be sold as the forecast becomes real demand. Safety stock on the other hand is extra stock to deal with the variability of the demand or supply.

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The Perfect Procurement Plan: Why Visibility Into the Supply Chain Is Important

Turvo

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. The right procurement plan will speed inventory access and allow for improved visibility into the supply chain network as a whole.

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The Return of Demand: How Aerospace & Defense Can Prepare for the Next Normal with Virtual Twins

DELMIA Quintiq

The Aerospace & Defense (A&D) industry is arguably one that was most immediately and severely impacted by the coronavirus crisis. This is especially true in the commercial aircraft segment. However, as mentioned in a previous post , signs of increasing demand for commercial aviation are on the horizon. Preparing for this will require A&D manufacturers to digitally transform their operations and supply chains in a smart, sustainable and cost-effective way to improve visibility and agi

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[Video] Order Orchestration: Enabling Agility in the Supply Chain

Talking Logistics

We hear a lot about the importance of having an “agile” supply chain, especially in the context of disruptions like the pandemic or the Suez Canal incident. What does having an agile supply chain mean? How is it linked to order orchestration? What actions should companies take to better prepare for the next disruption? Those. Read more [Video] Order Orchestration: Enabling Agility in the Supply Chain.

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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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One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

Supply Chain Brain

Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped by typhoons and Covid outbreaks that have worsened major congestion in the global supply-chain network.

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ECommerce SEO : How Online Stores Can Drive Organic Traffic!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Reasons to Invest in Excellent Customer Service for Your Online Store. ECommerce SEO article and permission to publish here provided by Ela Marie. ECommerce has seen a staggering growth in 2021. But what should be attributed to this growth? Few bets on pandemics, others say it’s technology, but if you take our perspective, it’s completely – the Internet.

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Is Every Company a Delivery Company?

Talking Logistics

I’ve commented several times about Meg Whitman’s statement a few years ago that “every company is a technology company.” Back in July, for example, I revisited the quote in response to Walmart’s announcement that it will offer technologies and capabilities to help other businesses navigate their own digital transformation and C.H. Robinson’s announcement of a.

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How to Get Started with Supply Chain Risk Management

Supply Chain Brain

Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supply chain, disruption and financial, operational, and reputational damage are not far behind. .

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The Role of Time & Space in Building Resilient Supply Chains

Adexa

The Role of Time & Space in Building Resilient Supply Chains. As we all know, light travels fast but at a finite speed. As a result, what we see or hear happened in the past. In most cases we call it real-time because our senses do not detect the latency. Our senses and analytical skills are very slow compared to what technology can offer. However, our cognitive skills remain superior.

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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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Downtime in Manufacturing – 7 Ways to Get it Under Control

Unleashed

Production downtime is not only costly, but common – making it a multi million dollar problem for businesses. Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. We also look at ways to prepare for and prevent this expensive issue. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart ma

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“Super shed” boom but there’s untapped value in physical store space

IT Supply Chain

By Oliver Guy (pictured). Senior Director, Industry Solutions at Software AG. The post “Super shed” boom but there’s untapped value in physical store space appeared first on IT Supply Chain.

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Watch: What’s Top of Mind for Global Supply Chains Today?

Supply Chain Brain

Michael Taylor, partner for international trade with the law firm of King & Spalding LLP, discusses the major factors that are influencing the decision of American manufacturers on whether to shift production from Asia back to the U.S.

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Bend but Don’t Break: 3 Issues Facing Today’s Supply Chain

QAD

The year 2020 was a big year of disruption for people around the world. All facets of life as we knew it were impacted, changed and altered by the COVID-19 pandemic. We had hoped that 2021 would be better, and in many regards it is; in some, it is not. The pandemic still plays a role in most people’s lives in some way, every day. Businesses, especially those in manufacturing, are trying to rebound and return to some sense of normal; whatever that means.

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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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Reimagine Business with Flexible Supply Chain Thinking

Procurement Academy

How are adaptive organizations leveraging disrupting circumstances caused by the pandemic? Flexible supply chain thinking may be a solution. Being more elastic and developing a flexible oriented mind-frame can help us see different angles of the same disrupting events. Then you begin seeing problems as challenges, and figure out new possibilties to move forward.

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5 Must Read Books for Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Inventory Management Beyond the Mystery (Ebook). Must read books article and permission to publish here provided by Joshua Robinson. Self-learning is an important element of growing as a human being and reading books is not only entertaining but offers a great way to learn. Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices.

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Fiberglass Shortage Disrupts Summer for Surfers, Boaters

Supply Chain Brain

The glittery, lightweight material goes into so many common outdoor products that it’s hard to imagine summertime without it. The supply-chain snarls show how broader forces in international trade, supply and demand have rippled through industries in the past year, leading to higher prices and slowing commerce.

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Bangkok Airways refused to pay ransom following data breach, resulting in data being dumped online

IT Supply Chain

By Brooks Wallace (pictured). VP EMEA at Deep Instinct. The post Bangkok Airways refused to pay ransom following data breach, resulting in data being dumped online appeared first on IT Supply Chain.

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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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How have manufacturers and distributors evolved to meet the factory of the future?

SYSPRO Smarter ERP

The journey to reaching digital resiliency: pursuing digital transformation initiatives to thrive despite the ongoing pandemic challenges. The pandemic has shaken the manufacturing and distribution industry profoundly. Although the global supply chain is usually a well-oiled machine, the unprecedented crisis forced organizations to not only rethink manufacturing and distribution but to adapt operations to remain […].

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Manage Your E-Commerce Store With No Inventory!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Drop Shipping Teddy Bears! Manage your E-Commerce store article and permission to publish here provided by Claire Glassman. A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. E-commerce stores are now trendy, and their online sales are projected to make up to 18.1% of global retail sales.

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Global Supply Squeeze, Delta Virus Rip Through Factories

Supply Chain Brain

Orders at factories are piling up as companies around the world struggle to meet demand amid a damaging mixture of the coronavirus and widespread bottlenecks in supply chains.

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The only way physical stores can compete with eCommerce is with a radical rethink of physical space

IT Supply Chain

By Sachin Jangam (pictured). Partner for Retail, Infosys Consulting. The post The only way physical stores can compete with eCommerce is with a radical rethink of physical space appeared first on IT Supply Chain.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Easy Supply Chain Savings: A Simple Supply Chain Case Study

Logistics Bureau

Supply Chain & Logistics case studies are always interesting. This one is about easy ways to save money in your Supply Chain and Logistics operations if you just look at things differently. And it was an easy problem to fix! Maybe you have some similar examples you can share in the comments? Check out this article related to this topic: 7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management.

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Not Just Another Automotive Industry Transformation

LevaData

The U.S. automotive industry is a key economic indicator of health and market sustainability; its conjoined relationship with supplier industries creates a profound economic and political influence. Yet, despite these roots and associative dependency, the instability of the automotive sector is absolute. Margins trend below 5% in the best of times, and profitability by volume is low, despite huge revenues and large employment numbers.

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How to Digitize, Optimize, and Automate Complex Automotive & Industrial Supply Chains

Supply Chain Brain

Given the global nature of today’s supply networks, multi-tier visibility, planning and execution has become very complex. To manage today’s complexities, current systems are forcing functional groups to resolve problems with outdated processes and approaches.

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The pingdemic has notified all businesses that they need greater agility and resilience

IT Supply Chain

By Fraser Ironside (pictured). Director Business Consulting, Kinaxis. The post The pingdemic has notified all businesses that they need greater agility and resilience appeared first on IT Supply Chain.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Integrated Supplier Management: Diagnostic Insights

QAD

During our virtual Tomorrow Thought Stream in May, which focused on suppliers and supply chain challenges, root causes and the latest best practices for addressing them , QAD introduced the Integrated Supplier Management Diagnostic tool. The Diagnostic consists of 12 questions that assess an enterprise’s strategic, tactical and operational supply chain planning and execution.

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How does Predictive Modelling help Risk Management?

Prophetic Technology

Predictive Modelling or Predictive Analytics is a carefully worked-out process that pursues to foretell episodes or after-effects by evaluating models likely to forecast outcomes.

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Design Group: Strong Through the Pandemic

Supply Chain Brain

Companies that implemented supply chain management software prior to the Corona crisis, benefited immensely from the optimized, digital processes during these turbulent times. One of these companies was IG Design Group.