Sat.Apr 20, 2019 - Fri.Apr 26, 2019

KPIs That Purchasing Executives Need

Silvon Software

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. There are many valuable metrics that can help you better assess your company’s performance at the sourcing / procurement level.

How can innovative Manufacturers utilize Route Optimization Software?

Abivin

Introduction Firms with small or large fleets may incorporate Route Optimization Software into their system of fleet management to enhance route efficiency and increase profits. The main aim is to do more work with less resources and in fewer miles.

Three common weaknesses in supply chain

Supply Chain Trend

In a recent Forbes article , three common supply chain weaknesses are highlighted: Being reactive rather than pro-active. Lack of visibility. Lack of accountability. The behavioural weaknesses – lack of pro-activity and accountability should be no surprise to me or the readers of my blog. As t he S&OP mindset study I conducted with Supply Chain Movement in 2017/2018 show similar results.

What are You Doing to Control Spend?

EC Sourcing Group

Controlling spend is normally a top priority of procurement executives. I routinely ask this question: “What percent of spend flows through your systems?”. Under 50% is a common response. In studies that I have read, the best companies in the world have about 65% of spend under management.

How does your demand forecasting compare to your peers?

Demand forecasts are becoming increasingly more difficult to predict and less accurate. How are supply chain professionals dealing with this? What kind of technology are they using to deal with this shift? How is their approach to forecasting evolving? Take this assessment to find out how your demand forecasting process stacks up against others. It’s also a handy resource to identify improvement areas for your team. It only takes a few minutes and you get instant feedback.

Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media).

More Trending

Head Scratcher

Supply Chain Shaman

Sweat ran uncomfortably down my back on a hot day in Dallas. On the run attempting to balance back-to-back meetings, client commitments and start a new business, I was late for a dinner appointment. As I hurriedly took my seat, I faced John, now a newly promoted principal at a major consulting group.

Last Mile Shipping Success Requires a Holistic Approach

Talking Logistics

Crowdsourcing apps, same-day delivery, and ecommerce trends continue to impact last mile delivery expectations. With this ever-changing landscape, cost-effective management of the last mile has become a challenge that needs a broader view. Last mile home deliveries were once considered special handling services because they were infrequent and required special considerations to deliver a product to a consumer’s home. But not anymore.

Enabling the Autonomous Supply Chain

The Network Effect

It’s difficult for us today to imagine the relentless backbreaking labor and the ever-present threat of disease and death that. The post Enabling the Autonomous Supply Chain appeared first on The Network Effect.

Fast Steps to E-Commerce WMS Success

Cerasis

Demands of consumers are expanding, and the capabilities within an e-commerce WMS will empower supply chains with more data and ways to connect to consumers.

Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. This Buyer’s Guide helps you find easy-to-use technology to become more proactive and less reactive when it comes to network design and optimization.

Never Ending Journey of a Private Label Manufacturer

Logility

I Love You, You’re Perfect, Now Change. A few years ago I saw the Off-Broadway musical, I Love You, You’re Perfect, Now Change. This simple but hilarious musical follows couples through stages of their relationship from dating, to marriage, to raising children and into the twilight years.

This Week in Logistics News (April 22-26, 2019)

Talking Logistics

Have you seen the video of the chimpanzee using Instagram? Here it is in case you missed it: Here's a video of a Chimpanzee using Instagram. It's eye-opening. link] pic.twitter.com/d9AjhfPNN1 — Daniel Sinclair (@_DanielSinclair) April 25, 2019.

What are the best ways to optimise for cross-border expansion?

BluJay Solutions

For retailers looking to move into new markets and increase their cross-border commerce, IMRG highlights six core points for successful expansion strategies and how to prepare for making landfall in an overseas market. Read the full article in IMRG.

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26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

The world of logistics is increasingly driven by technology , with artificial intelligence, big data, the Internet of Things (IoT) and automation among the biggest logistics trends today.

The 2018 Supply Chain Software Buyer's Guide

Learn which supply chain applications are the best for your organization.

5 Reasons That 3PL Companies are Looking for Blockchain Technology Partners

Shipchain

Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. However, recent developments in the supply chain and globalization of the supply chain have triggered a surge of value-added services.

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Top Talking Logistics Posts & Episodes (Q1 2019)

Talking Logistics

Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement. Even our most popular post, which dealt with excess inventory and yard management, had a transportation bent to it.

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BluJay Gains Momentum with Record Number of Companies Selecting its Supply Chain Solutions

BluJay Solutions

A record level of new business is credited to the strength and benefits of BluJay’s Global Trade Network as companies across all global sales regions selected BluJay’s platform in record-breaking first quarter of 2019. Read the full article in CSCMP’s Supply Chain Quarterly.

For Cummins, PINC Yard Management System is a Game Changer

PINC YMS

Bridget McCrea, editor at Logistics Management Magazine, brings to life an very interesting story about how trailer yards have become a vey important part of inventory visibility across the supply chain. To illustrate her story, she writes about Cummins, Inc.

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Leveraging Supply Chain Data for Competitive Advantage

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

Enterprise Labeling: An Often Overlooked Way to Improve Your Bottom Line

Loftware

Labeling has always been mission critical. After all, without labeling goods don’t move. But the complexity of today’s supply chain environment – multi-node, intricate, global – puts extra pressure on labeling to perform. From component suppliers through finished goods manufacturers, then on through multiple distribution layers until the end customer is finally reached, your supply chain likely covers a lot of ground and crosses many borders.

Three Ways Material Handling Equipment Is Changing with Rise of E-Commerce

Talking Logistics

As online sales become increasingly popular, the growth of e-commerce has impacted every part of the supply chain, and material handling equipment (MHE) and fleet services are no different. With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well. For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative.

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BluJay expands leadership suite to drive vision for next-gen supply chain

BluJay Solutions

Building on an ecosystem of supply chain software and services with the world’s first Global Trade Network, BluJay announced a series of executive appointments to drive the company’s strategic vision to innovate the future of supply chain technology.

Fulfillment Center vs. Warehouse: How to Know Which Is Right for You

Veridian Solutions

The world of supply chain processes is evolving. The days of handling all needs in a warehouse are both inefficient and fail to meet customers’ basic expectation for omnichannel service.

Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Automation can be an incredibly powerful tool to lower costs, increase capabilities, and enable scaling. However the road to implementing automation can be long and challenging even when all the proper steps are taken. Being equipped with the proper tools and knowledge of common pitfalls when implementing automation can make the difference between a show stopping disaster and seamless success.

Seeing the Future with Predictive Analytics

Enterra Insights

Humans yearn for a glimpse of the future. This yearning is why people visit oracles, study the stars, consult shamans, get their palms read, stare into crystal balls, turn over tarot cards, and/or study the writings of seers like Nostradamus. Business leaders are not immune to this compulsion; but, their methods for divining the future are different. For decades, companies have gathered smart people together to perform what-if analysis, identify trends, and produce forecasts.

Beyond the Go-Live: Providing Ongoing Value in Vendor-Customer Relationships

Talking Logistics

Companies invest considerable time and effort putting together request for proposals (RFPs) for software solutions, evaluating different features and functions, and ultimately selecting a solution. But what happens after the initial implementation and go-live is completed? How does the vendor-customer relationship continue to deliver value? That’s the main question I discussed with Stacie Vroman, Business Product Owner at BluJay Solutions , in a recent episode of Talking Logistics.

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BluJay Expands Leadership Suite to Drive Vision for Next-Gen Supply Chain

BluJay Solutions

At SOAR 2019, BluJay’s annual customer conference, new leadership appointments were announced helping to establish one of the most accomplished and talented leadership teams to drive the company’s strategic vision to innovate the future of supply chain technology.

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Building Your Own Supply Chain Network Design Team Isn’t as Simple as it Sounds

CHAINalytics

These days, most companies recognize the strategic value that supply chain network design projects can deliver, but when and how to initiate these large-scale projects are often open questions. To have the greatest impact on your supply chain network, the answer is to do them continuously.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.