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Warehouses are not one size fits all. Too little warehouse capacity can restrict the volume of SKUs you can ship, inhibiting revenue and service levels, while too much warehouse capacity inflates your overhead expenditures and ties up working capital. Unfortunately, unlike shopping for clothes, you cannot try on your new space before you buy it … The post Using the Right Data to Right-Size Your Warehouse appeared first on Chainalytics.
Stochastic Planning for More Resilient and Cost-Effective Supply Chains. Resources » Whitepapers. Authors: Tuomas Viitanen, Data Scientist, D.Sc. (Tech.) & Johanna Småros, Group CMO, D.Sc. (Tech.). Many assumptions in supply chain planning are expressed as hard-and-fast numbers although, in reality, there is a range of possible outcomes. A demand forecast of 100 pieces does not mean that we will sell exactly 100 pieces.
Effective dock scheduling and end-to-end visibility are critical components of cost control in your organization. Inbound freight costs account for approximately 40% of an organization’s total freight spend, reports Aberdeen Group via Logistics Management. These costs are driven by poor dock scheduling, increased delays and detention fees, and other unexpected issues.
Electronic Data Interchange (EDI) is cool again. Not all EDI, just EDI based on value added networks (VANs). The reason? More and more companies are engaging in digital transformations. In many companies supply chains, it is the end-to-end portion of the supply chain, knowing what upstream and downstream partners are doing, where there are digital black holes.
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.
by Sarah Harkins We’re launching a new video series today called Big Ideas in Supply Chain. It’s our way of sharing the best solutions we’ve encountered in our work with thought leaders, customers and partners. Each video in this series focuses on a weighty issue in supply chain, like change management or risk recovery. But these videos aren’t just an overview of common challenges — they have the potential to transform your work.
Even though robotics and AI will never be able to fill in for human logic and expertise, there is a case to be made for supply chain automation thru automated systems. Whether you work as a transportation management solutions expert, a professional driver or a supply chain specialist, automation can make your life easier in.read More. The post Supply Chain Automation: Key Stages in Supply Chains That Can Benefit appeared first on Transportation Management Company | Cerasis.
Even though robotics and AI will never be able to fill in for human logic and expertise, there is a case to be made for supply chain automation thru automated systems. Whether you work as a transportation management solutions expert, a professional driver or a supply chain specialist, automation can make your life easier in.read More. The post Supply Chain Automation: Key Stages in Supply Chains That Can Benefit appeared first on Transportation Management Company | Cerasis.
Before Tracy Rosser held his current position of EVP of Operations at Transplace (a Talking Logistics sponsor), he was senior vice president of transportation and supply chain at Walmart, where for more than two decades he had a frontline view of the retail industry and all of the changes that continue to transform that industry. Read more Executive Insights: Conversation with Tracy Rosser.
Sustainability is an initiative that thankfully more companies are taking on. One area of concern for a lot of people is around single-use coffee pods. These pods are one of the best (or worst) examples of unnecessary single-use plastics that are polluting our planet. Coffee pods can wind up in rivers where they wash into lakes and oceans. Over time, the plastic breaks down into smaller pieces that choke and kill wildlife.
by Meranda Powers Two years ago we wondered whether supply chain planners might one day be called network planners: “Much like artificial intelligence (AI) and machine learning (ML), there is still a lot of hype about the network planner. Will it be something that we evolve to as part of supply chain transformations, or will it be out of necessity and a need to manage the new supply chain planning landscape?”.
Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS. This concept gives supply chains a non-traditional means of fulfilling.read More. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.
Ask anyone in supply chain – the past few years have been particularly active for natural disasters and major weather events. Globally, natural disasters caused $160 billion in damage in 2018 according to a report by German insurance company Munich RE. In the U.S. alone, the annual average number of billion-dollar disasters over the past. Read more What’s on Your Radar?
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. When I started my career in the late ’90s, supply chain was a cool place for math geeks! As a discipline supply chain was not really that big in the universities. The traditional pathway into supply chain was through a major in operations research, industrial engineering, or business, often […].
Lambert & Cooper’s (2000) paper Issues in Supply Chain Management has certainly been one of the most influential articles of our discipline. Herein, they presented a framework for SCM as well as questions for how it could be implemented. The framework contained a set of cross-functional, cross-organizational business processes that could be used as a way to manage relationships with customers and suppliers.
Artificial intelligence has the potential to radically change just about everything for the better. But there are a number of obstacles to its successful adoption in the supply chain.
“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.
“Papi, why don’t you have a six pack,” my oldest daughter asked me last week while we were on vacation. I had just returned from a 72-mile bike ride and had taken my jersey off. “What do you mean?” I replied. “Well, you cycle so much, for so many hours, I’m just wondering why you. Read more Above the Fold: Supply Chain Logistics News (August 16, 2019).
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. It’s no secret that e-commerce has changed the landscape of B2C retail – but the ripple effect this evolution has wrought on supply chains, including those of B2B shippers, may be less apparent.
The value of predictive analytics allows companies to view the history of a seasonal product’s raw materials, for example, and predict how procurement needs to source the upcoming season’s inventory. Procurement gets a win for reducing costs, but the company doesn’t necessarily benefit if the product has overall lower margins than other SKUs, which could have been promoted.
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
When we think of life’s necessities, one of the things immediately springing to mind is the food we eat. Food and drink choices are matters of personal preferences and grocers must be attuned to those preferences if they are going to serve their customers well. Boston Consulting Group (BCG) analysts, Gavin Parker, Thomas Jensen, Pascale Morillon, Bill Urda, and Stephanie Halgren, write, “For grocery retailers, customer-centricity is a bit like personal virtue: everyone agrees that i
Todd Bernitt, VP of Managed Services at Robinson Fresh, a division of C.H. Robinson, discusses the impact e-commerce is having on grocery retail and perishable supply chains. Podcast version (click to play): The post [Video] Macro Growth of Micro Supply Chains appeared first on Talking Logistics with Adrian Gonzalez. Todd Bernitt, VP of Managed Services at Robinson Fresh, a division of C.H.
A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment. Unsurprisingly, these suggestions aligned perfectly with the technology solutions already in production from top TMS software solutions. Read on for the details on NASSTRAC’s five recommendations and how top TMS delivers success for those shippers who’ve embraced it. .
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Introducing advanced warehousing automation into your operation can help your facility increase efficiency, productivity and business agility. Automation in the warehouse continues to expand in popularity and effectiveness. While warehouse automation comes in many forms, from mobile barcoding to automated material handling systems, advanced warehouse management systems (WMS) can deliver leading-edge digital automation.
“Anything is Possible.” This is the mantra of IRONMAN. Organized by the World Triathlon Corporation, IRONMAN events are a test of physical and mental fortitude where individuals look to complete a 2.5 mile (4.8 km) swim, a 112 mile (180 km) bike and 26 mile (42 km) run in a single day event and within a 17 hour cut-off. This week, I celebrate the one-year anniversary of my own completion of this incredible endeavor.
By Mattan David, Supply Chain and IoT Director, Polymer Logistics. Sensor-equipped pallets and roll cages can provide highly accurate location, temperature and humidity data, meaning that products reach retailers at the right time and in perfect condition. Polymer Logistics explains how these Internet of Things-enabled technologies are creating the smarter supply chains of tomorrow.
Supply chain management is no easy feat. No matter where you fit into the greater whole of your industry, you have to wait on supplies from others before you can do your part. Meanwhile, buyers will be waiting on you. When any cog breaks down in the system, everyone suffers. An important means to avoid some of those breakdowns is to have an effective transportation management strategy.
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
Believe it or not, the busiest shopping season of the year is nearly here. Since 2012, about a quarter of total annual retail ecommerce revenue has been generated during the holiday season. Cyber Monday 2018 was the largest online shopping day in US history, with spending close to $7.9 billion. And 78% of ecommerce brands saw up to 30% growth in Cyber Weekend 2018 sales compared to 2017, with an additional 11% ecommerce brands seeing up to 50% growth in revenue.
Warehouse managers are tasked with improving productivity and customer service despite limited resources. This requires the ability to dynamically create schedules that meet the needs of customers, the organization, and the workforce. To optimally achieve this, JDA has natively integrated its Workforce Management and Warehouse Labor Management solutions.
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