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The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. Experts have predicted more than 2 million manufacturing jobs will go unoccupied during the next 10 years, as the baby boomer generation starts to retire. How can we help to prepare the industry for the next generation of manufacturers?
An interview with Boon Edam’s Aron Waas. Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.
A new report from Nucleus Research, Value Drivers of Single Model S&OP , concludes that the historical disconnect between planning and execution in S&OP is best bridged by a single unified data model that allows companies to continuously synchronize their strategic, tactical and execution plans. In addition, “supply chain modeling” has become the highest priority in Gartner’s Market Ranking of S&OP Capabilities , displacing “collaboration support with internal stakeholders”.
Chris Rea has finally found the correct turn off, a lot of people in Africa still don’t know its Christmas and the novelty Santa toilet seat cover is back in the box. Oh, and chocolate Easter eggs are in the shops 4 months in advance. Christmas and the New Year holidays are well and truly over, and the clock is already ticking down on the month of January.
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.
What can I do if I have writer’s block? Well, I could turn to an AI-powered robot to my write my post for me (see Wired article, “ What News-Writing Bots Mean for the Future of Journalism ”). Or I can just wing it and go straight to the supply chain and logistics news that caught my attention this week. I’ll let you guess which option I took this morning.
An interview with Boon Edam’s Aron Waas. Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.
An interview with Boon Edam’s Aron Waas. Implementing Sales and Operations Planning has many benefits. To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. Often, teams think they also need plenty of clean and accurate data to do it right.
Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. According to Champaign Williams of BisNow, the spike in online shopping leads to a 10.7% increase in the leasing of industrial space, including warehousing space. On average, e-commerce sales are growing five-times faster than brick-and-mortar retail, but today’s fulfillment distribution centers face significant
Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update Wk 1. By John Edmonds, Research & Marketing, Freightos. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US rates increasing by 27%. While prices may continue to climb slightly until the Chinese New Year, expect them to drop back after February 16.
If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt.
The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2) Abandon statistical significance : Academia seems to like “statistical significance”, but P value thresholds
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
What is the bullwhip effect? Imagine a person having a long whip in his hand, and if he gives a little nudge to the whip at the handle, it creates little movements in the parts closest to the handle, but parts further away would move more in an increasing fashion. Similarly, in the supply chain […] What is the bullwhip effect and How do you minimize it?
Use your company’s military veterans and their five-hidden skill sets to make your company logistically successful. Towards the end of World War II, one of the greatest challenges the Allies faced was the bitter attack in December 1944 in what became known as the Battle of the Bulge. Central to the eventual Allied victory was not just General Patton, who swung his military units to attack in the opposite direction, but also a little-known logistical unit.
One of the biggest decisions a business can make is deciding how it will make its decisions. Best-selling author Michael Lewis made this insightful observation about the flawed human psyche in one of his recent novels, The Undoing Project : “Man is a deterministic device thrown into a probabilistic universe. In this match, surprises are expected.”. As humans, there are many biases that contribute to the way we make decisions: overconfidence, confirmation bias, risk aversion, etc.
The sheer number of options available in consumer electronics products can be overwhelming as many in the United States likely experience every holiday and especially during the Thanksgiving holiday as they compared Black Friday and Cyber Monday deals. Televisions are a prime example as the technology has come a long way in the last 10 years and manufacturers jockey for differentiation.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
We have recently released a series of articles and a white paper related to Supply Chain Visibility and how it can lead to responsive and agile operations. Due to their popularity, we thought we would gather them in a single post and share them once more with our audience.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Here is a look at how some companies in the supply chain sector are preparing themselves for the months to come.
JP Wiggins, Co-Founder & Vice President of Logistics at 3Gtms addresses the following questions and more in this timely and informative episode: What are some key factors or trends that are making transportation management systems (TMS) more important than ever today for companies in the food industry? Why are many food companies still not using a TMS?
A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway. Because they were giving most, or all of their business to one supplier, they were also in a position to negotiate better terms.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Product launches kept the Oracle Internet of Things Apps team very busy in 2017. Starting early in the year, Oracle announced the availability of four Internet of Things Applications – IoT Asset Monitoring Cloud, IoT Production Monitoring Cloud, IoT Fleet Monitoring Cloud, and IoT Connected Worker Cloud. Later that year, Oracle launched an additional product to the lineup – Service Monitoring for Connected Assets Cloud - making a total of five production ready IOT powered apps.
Risks can be categorized into three broad areas such as natural catastrophes, man-made and economic. To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. 1.
Tom Nightingale, President and CEO at International Package Shipping and Martin Verwijmeren, CEO at MP Objects, discuss the following questions and more in this timely and informative episode: What is a “Digital Supply Chain Control Tower” and what’s different today compared to the past. What’s driving demand for Digital Supply Chain Control Towers?
Mike Greco, Senior Vice President of Global Logistics, shares his expectations for the global market in 2018 2017 was a year of innovations, technology creation, and increased visibility in global logistics. Despite environmental and cyber disruptions, the industry made many large scales advances that will carry on through the coming year. Rates & Capacity In.
The supply chain is the world’s most complex logistics challenge, where efficiency and accuracy are critically important to ensure goods are accessible to consumers when needed. Enterprise Resource Planning (ERP) systems play a key role for wholesale distribution companies in this process, serving (among other things) as the inventory management software that attempts to ensure that the right products are available in the right quantities at the right time and place.
The ELD mandate, rising freight rates, and the impact of multiple hurricanes on the supply chain were among the topics readers were most interested in last year. Below is a list of the top 10 blog posts of 2017, from the DAT Freight Talk Blog. If you missed out on reading any of these posts during the past year, now is your chance. 1. 2-Year ELD Delay Proposed in Congress - In July, Representative Brian Babin of Texas introduced a bill that sought to delay the ELD mandate until 2019. 2. 2017 Out
This week, ModusLink is proudly exhibiting at the 2018 International Consumer Electronics Show (CES), where attendees can visit booth 2416 to gain a glimpse into the new technologies driving the future of the digital supply chain. CES has long been known as the global stage for innovators to share the latest and greatest innovations in […]. The post A Peek into the Future of the Digital Supply Chain: ModusLink at CES 2018 appeared first on ModusLink Global Solutions.
Workforce productivity can’t just be an operational issue any longer. This has been put on the backburner for too long. New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logisti
Atlanta, GA (January 9, 2017)–Chainalytics, a global leader in supply chain consulting, analytics and market intelligence, today announced a new Freight Market Intelligence offering, FMIC Pulse, utilizing Chainalytics’ proprietary benchmarking platform, an advanced analytical framework, and machine learning technology to provide FMIC members with real-time market rate measurements.
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
Your executives need data to make the right decisions, your workers need data to take the right actions, your trading partners need data to deliver the right inventory to the right place at the right time, and you can’t afford a single communications delay or disconnected data transmission.
This is an excerpt from C3's White Paper: " Supply chain visibility: Illuminating the path to responsive, agile operations " by Gregory Braun Senior, vice-president, C3 Solutions.
“Where’s the snow brush for my car?” No doubt this is a common question in the winter, and one that’s likely been asked of several spouses recently. With the arctic snap upon much of the United States, it seems that many have been caught unprepared, or perhaps just didn’t believe the forecast. As someone who actually enjoys the snow and cold weather, I know I was skeptical of the projected -15 temps and significant chance of snow that I saw on my smartphone’s weather app.
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