Sat.Apr 25, 2020 - Fri.May 01, 2020

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Thoughts on the ‘New Normal’

ITradeNetwork

Collaboration and information sharing are at an all-time high in our industry between producers, buyers, associations and allied organizations. Personally, I find myself hungrier for information every day than I ever have been. And, I find that information is being shared more freely than I have ever seen in my career, to the point where I am struggling with where to put it all, how much to retain, and how it all works together to help move us forward into this looming new normal.

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5 Examples of How COVID-19 Made Shipment Monitoring a “Must-Have” in the Industry

Roambee

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. Much like insurance, you would add it at the last step in the cart as an optional item when purchasing your air ticket, and often only if the firm had previously bitter experiences.

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Software Solutions To The Procurement Puzzle: Getting The Right Mix

HICX Solutions

Over the past decade, companies of all shapes and sizes have shifted to digital business models. Many have had to completely rethink the way they buy goods and services, which has lifted procurement as a theme up the organisational hierarchy. It’s no longer seen as a backwater for underperforming employees, a place where suppliers get squeezed and invoices rubber-stamped and little else.

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Get More Out of Your Transportation Management Strategy Amid COVID-19

EnVista

Rapidly deploy tactical initiatives to save money, improve service levels, and compete. On February 17, 2020, enVista had the pleasure of speaking amongst hundreds of supply chain professionals at the Omnitracs Outlook Conference, where we kicked off the morning with a presentation on trends in transportation management. This was a discussion, not about the mega-trends or macro-economic forces, but rather internal IT, operational, and tactical initiatives that clients are deploying to save money

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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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Last Mile Visibility: Why It’s Not Really Changing Much Post COVID-19

GlobalTranz

The throes of COVID-19 remain an unprecedented challenge for supply chain management. However, the traditional concerns of efficiency within the supply chain continue to set the standard for operational efficiency. C-Suite executives have their minds focused on the need to serve customers and maintain safety, and organizations across the globe continue to implement more strategic.read More.

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Mitigating Supply Chain Risk and Building a Resilient Enterprise

ivalua

The post Mitigating Supply Chain Risk and Building a Resilient Enterprise appeared first on Ivalua.

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3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running.

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Integrating Corporate Social Responsibility into Your Supply Chain

Logility

Let’s start by busting a myth about Corporate Social Responsibility (CSR): it’s a feel-good movement recently started by millennials. Not true! CSR gained momentum in the late 1950s with the expansion of large corporations and became a popular subject in the 1980s, covered extensively by Peter F. Drucker and others. In the wake of the financial crisis of 2008–2010, CSR again became a focus for evaluating corporate behavior.

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Replenishment 201: Monitoring Store-Level Inventory

SupplyPike

Learn: How a product is determined to be replenishable. How to measure instocks. What “in pipe” means. What pack sizes are and how they affect your replenishment. In last month’s post, we went over Replenishment 101: What is Replenishment? This month, we thought we’d dig in a little deeper and look into monitoring store-level inventory. Traited and Valid.

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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How to Adapt Industrial Planning During and After Disruptive Events

DELMIA Quintiq

In the face of the COVID-19 crisis, production and planning processes have become subject to a level of stress unprecedented in recent history. Many manufacturers depend on impacted networks for their supplies and the strain on planning organizations is jeopardizing business continuity. What are some of the ways that manufacturers might improve their resilience, to address the crisis today and also to prepare for the recovery and the future?

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If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. One best practice in this area is to identify and qualify alternate suppliers. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. This best practice urges companies to examine not just the cost of the sourced products, but also to understand the risks associated with not multi-sourcing key components.

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Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight. And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017 survey of supply.read More.

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How Does ToolsGroup Boost Planner Productivity to Help Your Team Be Ready for Anything?

ToolsGroup

Adding automation to supply chain planning enables planners to be more productive and improves supply chain performance. By freeing up time formerly spent on manual tasks, planners are able to focus on more creative work, while increased visibility reduces silos within organizations. Read what ToolsGroup customers have to say about how AI technology has helped them be ready for anything.

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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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Five Suggestions for Practical Inventory Management

Logility

Recently , a colleague recounted a new consulting job he had undertaken a few years back. The client was struggling to make a large enough profit, which was threatening to derail their business expansion plan. This revolved around moving to a larger facility as they had outgrown their existing warehouse. The client perceived the problem as a lack of sales and wanted my colleague to look at ways they could increase revenue in order to fund the expansion. .

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Application Integration and Social Distancing

Talking Logistics

COVID-19 is the largest crisis in recent history, impacting us all economically, physically, socially and politically. Everyone will play a role in helping our world achieve a new normal. As business leaders, we can celebrate the success of an adaptable supply chain, but also expose and acknowledge areas of supply chain improvement such as collaboration.

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Collaborative Logistics is the Only Way Forward for the Industry

GlobalTranz

Collaborative logistics is the future (and the now) of successful, risk-managed logistics and supply chain management. There is no greater demand than what market forces, competitors, and Black Swan supply chain events 3PLs and freight brokers have to meet the challenges shippers face. Carriers are struggling to remain profitable. The industry is dealing with a.read More.

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Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic

PINC

In these uncertain times, companies are turning to technology to help them comply with social distancing rules and to keep their workers and drivers safe in any conditions. The global pandemic has thrown manufacturers, distributors, and retailers into a mode that most have never experienced before. While social distancing rules, shutdowns, and high demand for certain product groups are top-of-mind right now, employee and driver safety should also be factored into an organization’s overall pandem

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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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What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

As I write this blog, the COVID-19 pandemic continues to ravage populations and economies around the world. There are glimmers of hope, such as slowing infection rates in Italy and Spain, and the opening of factories in China, but a true end to the crisis remains out of sight. The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers.

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This Too Shall Pass: Retailers Aren’t So Sure

Enterra Insights

Since the onset of the novel coronavirus pandemic, “this too shall pass” has been an oft heard phrase. According to Wikipedia , the phrase traces its roots Persia (modern day Iran). “It reflects on the temporary nature, or ephemerality, of the human condition. The general sentiment is often expressed in wisdom literature throughout history and across cultures, although the specific phrase seems to have originated in the writings of the medieval Persian Sufi poets.” In mod

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How to Improve Last Mile Service With Better Trucker Relationships

GlobalTranz

Last mile service might have finally reached a point where it is more important than even freight delivery to the brick-and-mortar stores. It’s rapidly becoming the most frequent interaction between people and the supply chain during the COVID-19 pandemic, and as last mile deliveries skyrocket in volume, drivers are on the frontlines, says Mike Antich.read More.

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How Digital Solutions Are Creating More Resilient Supply Chains

Supply Chain Brain

The solutions that have worked in the past — increasing inventory, adding capacity at different locations and diversifying suppliers — are just scratching the surface when it comes to having a truly resilient supply chain.

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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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Lessons for COVID-19 and Supply Chain Management Models

Arkieva

For those that work regularly in the supply chain or managing the demand-supply network (DSN) models are commonplace to help with similar questions. This blog will provide some basics about models that all will find helpful. Lessons for COVID-19 and Supply Chain Management Models was first posted on April 29, 2020 at 9:50 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Is the Food Supply Chain Breaking?

Enterra Insights

The Covid-19 pandemic has created disruptions and chaos in every economic sector. It has also underscored the importance — and brittleness — of global and national supply chains. Recently, John Tyson, Chairman of the Board at Tyson Foods, published a full-page ad in several newspapers asserting the food supply chain is breaking. He wrote, “Tyson Foods is facing a new set of challenges.

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Adexa’s Response and Solutions to Covid-19 Supply Chain Crisis

Adexa

The entire world is facing an unprecedented healthcare crisis. Authorities at every level are trying to respond to situations never experienced before at the current scale. They are responding by, first and foremost, prevention of spreading of the virus; at the same time struggling to match supply and demand. Lack of visibility, exponential growth of demand for equipment, for hospital beds, for healthcare professionals, and medications.

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When Will Blockchain Be Ready for the Supply Chain?

Supply Chain Brain

At a time when supply chains are fracturing as a result of the global coronavirus pandemic, is blockchain the solution?

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Popup Fulfillment Centers Overcome Last Mile Obstacles During COVID-19

Multichannel Merchant

Ecommerce has suddenly become the primary sales channel as a result of COVID-19 and retailers are looking for creative solutions to meet consumer demand for essential and nonessential goods. With Amazon delaying shipments of nonessential goods and limiting how much retailers can ship, getting orders to customers is harder than ever. Supply chain issues related to COVID-19 complicate things further, but merchants are still tasked with fulfilling orders on a timely basis.

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Why We Chose Empathy as our Fourth Core Value

BlueYonder

In Harper Lee’s much-loved book, To Kill a Mockingbird , Atticus Finch teaches his young daughter Scout that empathy is the key to understanding others. “If you can learn a simple trick, Scout, you’ll get along a lot better with all kinds of folks. You never really understand a person until you consider things from his point of view until you climb inside of his skin and walk around in it,” he says.

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Mitigating Supply Chain Risk and Building a Resilient Enterprise

ivalua

The post Mitigating Supply Chain Risk and Building a Resilient Enterprise appeared first on Ivalua.