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In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. download ebook.
Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”. When we first began employing this new technology, it wasn’t on anyone’s radar. Even in 2014 when Gartner wrote a case study about Danone using our machine learning to help forecast promotions, it was barely a blip on the horizon.
The chemical industry is facing some powerful changes that are directly impacting revenues and margins. It’s also highly competitive. Everyone is trying to dominate their niche. This means chemical companies need to be adept at managing costs and profitability. But doing this ad hoc is too difficult. Having the right technology is key. Spreadsheets and legacy tools are no longer enough.
by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored. Food for thought: Time for a different kind of supply chain.
In today's rapidly evolving logistics industry, companies consistently strive for efficiency and competitiveness. However, the most significant factor driving business success isn't just technology or infrastructure—it's the people behind your processes. Employees aren't merely resources; they're your most strategic asset. High turnover rates and constant retraining costs severely impact logistics companies, draining productivity and profitability.
Logistics technology is expanding to keep up with increased demand, and shippers need to know which technologies can make or break success rates in 2018. Some of the top logistics trends to affect the industry in the coming year include these key automated logistics technologies. The Top Logistics Trends that Will Impact Logistics Management in 2018.
If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.
If you’ve ever purchased a transportation management system (TMS) for your organization – or any enterprise software – you know that the term “software as a service” (SaaS) gets thrown around a lot. The problem is, it means different things to different people, and some vendors twist the meaning of the term to make it fit what they’re trying to sell you.
Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. However, the aviation. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect.
Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their onl
Do you have a messy, unorganized warehouse? We know that you are also the victim of the ‘ Warehouse Disease’ , i.e. even after regularly organizing your warehouse, it turns messy the minute you receive or ship some cargos. Optimising your warehouse storage system to ensure that it stays organized at all times of the month will be a dream come true, right?
What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq. Just how happy are these companies with the Quintiq solution? Read their quick stories below.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
This Sunday marks the end of the 2018 Winter Olympics. It has certainly been and exciting couple of weeks, with hundreds of medals awarded, and some incredible performances by the world’s greatest athletes. Yesterday marked the 38th anniversary of the Miracle on Ice, when the USA men’s hockey team defeated the heavily favored team from the Soviet Union.
It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. “Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accele
by Joe Cannata It all started a little more than two years ago with two supply chain management certification exams — Kinaxis® Certified RapidResponse® Author Level 1 and Kinaxis Certified RapidResponse Administrator Level 1. Since then, we’ve grown our supply chain management exam portfolio to provide exams for contributors, authors and administrators, while also adding integration- and application-focused exams.
What do DHL eCommerce, PKN ORLEN and World Food Programme have in common? The answer is Quintiq. Though operating in different industries, these big names in e-commerce logistics, oil & gas and humanitarian efforts rely on the same optimization technology provided by Quintiq. Just how happy are these customers happy with the Quintiq solution? Read their quick stories below.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.
Following on from the popularity of startups in the Europe-wide fintech sector, investors now seem to have spotted significant potential in supply chain management. Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement.
River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.".
Amid all the talk of a retail apocalypse, some retailers demonstrated they still have life. Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] One of the primary reasons retailers are doing better is improved omnichannel operations.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
What are people reading on The Network Effect? We took all the traffic to the site over 2017, filtered out. The post Most Popular Posts of 2017 appeared first on The Network Effect.
The IoT can help companies free up manual resources while ensuring accurate delivery timing throughout the supply chain. It’s no secret that manufacturers have been aggressively pursuing digital transformation to compete and win in the marketplace. In 2018, manufacturers will ramp up this transformation to embrace new technologies that have the potential to change the supply chain landscape.
When companies begin to struggle financially and decide to institute a restructuring initiative to turn things around, many focus solely on the financial aspects of the organization. Unfortunately, this approach ignores the tremendous long-term value that operational improvements can deliver. As a business seeks to regain financial stability, a matching pursuit of operational excellence can help the company realize and capitalize on new opportunities.
The term “supply chain” was coined because it denoted key linkages from raw resources to finished products. Connecting those links has been the essence of supply chain operations since trading first began. Through the centuries there has also been a focus on making supply chains more efficient. This focus sharpened and became even more important with the rise of e-commerce and omnichannel operations.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
Automation continues to make headlines with predictions of two-hour delivery times and drone services in the future, but what is truly in-store for the future of the shipping industry? While it’s unlikely the industry will see those sorts of advances in technology anytime soon, ecommerce continues to drive demand for automation. Customers are expecting faster, Read More.
Even though the era of ‘procurement through power’ is well over, I still see a lot of purchasers getting lost or sidetracked in the wrong quadrant of the Kraljic model in their quest for good prices to maximize profit. That is perfectly understandable, given the linear, results-oriented business culture in Europe. But focusing on the long term and allocating your resources to the right quadrant will take you to ‘best in class’ level and beyond, turning you into an efficient supply chain ‘high pe
Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. “The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” —corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000.
Valentine’s Day, beyond being an occasion to indulge, adore and sugar load, presents the perfect opportunity to reflect on relationships. Brands have countless relationships to manage, within their business and even across their channels, though when it comes to keeping things up and running, it may be most important to review the relationship to they […].
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
There's an old saying that tells us that in the world of business, you need to go where your customers are. But due to the digital revolution, your customers are in more places than ever before. This is true regardless of the type of business that you're running or even in the industry you're operating in. But at the same time, that old saying is still very much true - you can't force your customers to interact with your brand the way you want them to, you have to do whatever you can to support
The days of high-volume production and cheap goods are gone. By treating the first mile of the supply chain as strategically as the last mile, companies will experience fewer surprises, more opportunity and better results.
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