Sat.Sep 07, 2019 - Fri.Sep 13, 2019

How to Overcome the 5 Common Hurdles that Limit Sustainable Procurement ROI

EcoVadis

Executive commitment to sustainable procurement is at an all-time high, but several roadblocks continue to impact organizational ROI. Despite the growing awareness and commitment to sustainability in the supply chain, our 2019 Sustainable Procurement Barometer uncovered common challenges that limit company success and business value, including: Tracking supplier performance (cited as an issue for 39 percent of procurement organizations). Internal resources (42 percent).

Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers.

3 Things you Should Know About Hyperlocal Supply Chains

C3 Solutions

This post was originally posted on The Logistics Broker and was written by Joe Oliaro. C3 Reservations C3 Solutions C3 Blog Supply Chain hyperlocal

Why Omnichannel Supply Chain Success Depends on Inventory Optimization

Cerasis

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges.

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.

How Machine Learning is Transforming Industrial Production

DELMIA Quintiq

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Well, frankly that’s the wrong question.

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What Technology are Teams Using to Support Their Demand Forecasting Process?

AIMMS

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future.

Benefits and Disadvantages of AI-Powered Supply Chains

Cerasis

Artificial Intelligence (AI) is everywhere around us. From simple digital watches to complex urban planning and development, the new form of intelligence is revolutionizing the way people live and the way companies work.

6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

Beware of Real-time Transportation Visibility “Big Hat, No Carrier”

Logistics Viewpoints

Real-time transportation visibility has become a powerful tool for shippers and logistics services providers (LSPs). Because the market is so hot, a number of transportation visibility vendors have entered the space and, to get attention, have made big claims about their tracking capabilities, which are misleading potential users. What we are seeing is a bad case of “Big Hat, No Cattle”. If you haven’t heard the term before, it’s an old Texas saying about making […].

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The 2018 Supply Chain Software Buyer's Guide

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

Supply Chain Innovation and the Catalyst for Business Growth

All Things Supply Chain

Procurement teams have a growing responsibility within organisations.

Hurricane disrupts supply chains, increases rates

DAT Solutions

The approaching hurricane tightened capacity and boosted rates for vans, reefers and flatbeds. . Rate Trend of the Week

Partnering with Farm-Trace to monitor sustainability and impact

Provenance

“66% of consumers are willing to pay more for sustainable products but most organizations don’t know the farmers they source from, let alone their impact.” – Kahlil Baker, CEO and Founder, Farm-Trace. Shoppers want proof, so our platform demands it.

This Week in Logistics News (September 7 – 13)

Logistics Viewpoints

Ah yes, it is officially palindrome week. This year, however, palindrome week takes on a whole new significance. After next Thursday (9/19/19), there will not be an official palindrome week until 2021 (we don’t count putting a 0 in front of the month around here). This is the end of a wonderful run of years, starting in 2011, where the dates read the same frontwards and backwards for a week+. And to quote one off […].

Leveraging Supply Chain Data for Competitive Advantage

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

New Research: Supply Chain Priorities and Investments

BluJay Solutions

Adelante SCM and BluJay Solutions, in partnership with the Council of Supply Chain Management Professionals (CSCMP), conducted an online survey of supply chain and logistics professionals to find answers to pressing questions.

Harvests and hurricane combine to boost reefer rates

DAT Solutions

Apple harvests and the arrival of Hurricane Dorian on the East Coast rearranged supply chains, tightened capacity, and boosted rates on several lanes last week. Rate Trend of the Week

Fashion Week: bring more than transparency – bring integrity

Provenance

The Independent published a piece this week stating that “ The environmental costs of fashion are too high – we must consume less or it will be the death of us.” In it, Lizzie Rivera gives a scathing review of the repugnant issues baked into the fashion industry. These problems are not new.

What Makes Data So Valuable?

Shipchain

We are living in the Digital Age, and that means that the world’s most valuable resources are digital as well. Today’s hottest commodity is data. Nowadays, how you study, manage, and protect your data can make or break you.

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How To Improve Your Shipper-Carrier Relationship

CX is top driver of supply chain technology innovation

BluJay Solutions

Given that it can be the pivotal difference between driving a healthy profit for an organization, or bleeding it dry, it would be safe to assume cost-saving would be the top priority when it comes to investing in and innovating supply chain technology.

The Power of Forecast Accuracy

Vanguard Software

The balance of demand with supply and capacity within the energy, power and utilities industries is as intricate as it is important. Supply Chain Inventory Optimization MEIO

How Supply-Chain Companies Can Build Roadmaps With AI

Supply Chain Brain

The supply chain as we know it is on the precipice of tipping from decades of steadily accelerating “push” dynamics to a new “push-and-pull” model

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. They have it tough. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1]

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.

Business Forecasting Lessons From Hurricanes

Arkieva

With each storm, there comes a bevy of forecasts put out by different computer models. These forecasts begin about 10 days out and change as the storm gets closer and closer. This blog tries to extract some learnings from this process of forecasting.

What Makes a Good Business Mentor?

QAD

When I look back at my very first mentor, I think of my dad. My dad passed away in June, and as with the loss of anyone that you love, you reflect on all they meant to you. I soon realized how much of a role my dad played in mentoring me, starting as early as elementary school.

Listen Technologies’ Keys to Faster Product Development

Arena Solutions

Jeremy Timothy of Listen Technologies recently shared his experiences with Arena’s Scott Reedy during a webinar panel discussion focused on accelerating new product development. We wanted to share some of his noteworthy insights with our readers.

Last Mile Logistics and Customer Experience

Enterra Insights

Today’s consumers can be characterized as persnickety — that is, they require a particularly precise or careful approach. Persnickety consumers expect a great customer experience when dealing with brands and retailers. Staff members at CIO Review write, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.”[1]

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.