Sat.Aug 01, 2020 - Fri.Aug 07, 2020

Six Steps Up the Learning Curve for New Planners

The Smart Software

If you are a new professional in the field of inventory management, you face a very steep learning curve. There are many moving parts in the system you manage, and much of the movement is random. You may find it helpful to take a step back from the day-to-day flow to think about what it takes to be successful. Here are six suggestions that you may find useful; they are distilled from working over thirty five years with some very smart practitioners.

What Supply Chain Risk Management Can Do for You

American Global Logistics

Supply chain complexity and uncertainty are here to stay. To put this another way, supply chain risks are on the rise. And they show no signs of abating. Supply chain disruption abounds. You have increasing conflict, changing customer requirements, increasing regulation, trade wars, and Black Swan events, to name a few. With increased risks come […]. The post What Supply Chain Risk Management Can Do for You appeared first on AGL.

Rugby, The Supply Chain And Real Time Winning Strategies

Gravity Supply Chain

Supply chain and rugby managers require complex communication and collaboration strategies using real time data and insights for competitive advantage. Leave a Reply [contact-form-7]. Articles

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Machine Learning and AI: Profiling Demand History – A Wiser Forecasting

Arkieva

In the simple version of supply chain management (SCM) the goal for demand forecasting in the tactical decision tier is prediction accuracy. In the wiser version, the purpose is expanded to include an understanding of your demand (demand profiling). Machine Learning and AI: Profiling Demand History – A Wiser Forecasting was first posted on August 5, 2020 at 8:11 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Facebook Causes Continue to Show Little Promise as Fundraising Tools

Building a Better Data-Driven Reverse Supply Chain

Cerasis

How often do you really think about the reverse supply chain? It’s easy to assume the reverse supply is solely based on returns. While this is partially true, all reverse logistics involve a backward flow of products that return to their origin, it’s not that simple. Returns may derive from buyer’s remorse, damage to items,read More. The post Building a Better Data-Driven Reverse Supply Chain appeared first on Transportation Management Company | Cerasis.

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Revealing the Value of Additive Manufacturing in Aerospace and Defense

DELMIA Quintiq

What aerospace manufacturers need is agility in their design and production processes to help mitigate the variability in supply and demand. Additive Manufacturing (AM) is one innovation in which aerospace companies have significantly invested to try to address some of their unique challenges. What are the benefits? Additive Manufacturing is accelerating the development phase and reducing time to market. In the virtual environment, it is possible to develop finished parts directly.

Supply Chain Strategy: 3 Options For Better Management

PLS Logistics

A strategy is a crucial part of any business, and it is even more important when thinking about a complex system like a supply chain. The term ‘strategy’ is often confused with what it’s not, or is considered to be a vaguely-meaning fancy word. However, businesses with a well-thought-out, long-term strategy reach and exceed their […]. Blog supply chain supply chain management supply chain visibility

Using Technology to Integrate Reverse Logistics Strategies

Cerasis

Supply chain leaders have faced significant challenges in the past, and in 2020, the supply chain coronavirus crisis has put a spotlight on the need for supply chain resilience and integration. Among these, integrated reverse logistics strategies can make or break successful operations. Failure to consider the ways in which the disruption affects all parts.read More. The post Using Technology to Integrate Reverse Logistics Strategies appeared first on Transportation Management Company | Cerasis.

Supply Chain Simulation: What You Need to Know in 2020 & Beyond

River Logic

Optimization Supply Chain Supply Chain Optimization supply chain modeling Simulation Supply Chain Simulation

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

Five Inventory Optimization Secrets for Aftermarket Parts

ToolsGroup

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand. Read on for our five inventory optimization secrets for aftermarket parts.

Best Practice Guide to Invoice to Pay

ivalua

What is Invoice to Pay? Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. .

5 Reasons to Diversify Your Carrier Network Now

Cerasis

[link] Every supply-chain on the planet is clamoring for the best way to future-proof operations against possible disruption. The COVID-19 crisis emphasizes the dramatic problems created with single sourcing strategies. Unfortunately, the strategies are simply so ingrained in the supply chain that many organizations have still yet to diversify their networks. Regardless, now is the.read More.

What does ‘on-time, in-full’ (OTIF) mean in the consumer sector?

PINC

McKinsey & Co., and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

How COVID-19 Has Affected U.S. Trucking Rates—Will it Last?

CHAINalytics

It almost goes without saying: A lot has changed as a result of COVID-19. But what about freight transportation rates? How has the global pandemic impacted the trucking market? And what can shippers expect for the rest of 2020? Earlier this year, I jumped into the fray with my thoughts and opinions on the driving … The post How COVID-19 Has Affected U.S. Trucking Rates—Will it Last? appeared first on Chainalytics.

Performance During the Pandemic: A Warehouse and Logistics Update

Logistics Viewpoints

In April I discussed the widespread impact of the Covid-19 pandemic on supply chain and fulfillment, and provided a WMS market update in which I predicted a market downturn in 2020 to be followed by a rebound in 2021. During the process of developing my WMS market forecast, I made assumptions for each quarter of 2020. And indeed, I took into consideration the macroeconomic forecasts for an abysmal Q2 2020. On July 20th, the US […].

Looking Beyond Four Walls With SaaS-Based Reverse Logistics

Cerasis

The current year has been anything but ordinary. Supply chains are trying to fulfill more e-commerce orders, and out-of-stock SKUs have become almost expected. Meanwhile, the massive surge in demand continues to push forward another aspect of logistics—reverse logistics. Reverse logistics costs further contribute to higher total cost of ownership within the supply chain and.read More.

Supply Chain Resilience: Powering Through Crisis

Gopal Shenoy

The onset of the COVID-19 unveiled grave dissonances in the supply chain of major grocery and retail stores that resulted in a loss of revenue

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The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Will Supply Chains Ever Return to Normal?

Enterra Insights

As countries struggle with the coronavirus pandemic, one hears and reads a lot about the “new normal.” ” Normalcy is defined as the state of being usual, typical, or expected. Look back a year ago and few, if any, supply chain professionals had a pandemic high on their list of potential disruptive threats. They can be excused for this oversight. After all, the last global pandemic was the so-called Spanish Flu which swept around the globe following World War One.

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Surmount Supply Chain Challenges in the Construction Industry with Technology

Kuebix

Between companies regularly distributing, manufacturing or using construction products, the construction industry experiences a steady flow of business. One thing all construction companies can agree on is the importance of operating efficiently in order to meet project deadlines. There are a number of barriers between smooth logistics operations and successful project completion for the construction […].

Omnichannel Requires Fast Warehouse Transformation: Why & How to Do It Right| TALKING FREIGHT VIDEO

Cerasis

[link] The growth of omnichannel is subject to hype and fact. Some supply chain leaders and experts argue omnichannel is the improper term to describe the state of warehouse transformation today. Others voice concern over how warehouse transformation could increase costs when not adequately managed. Supply chain leaders need to understand why an omnichannel warehouse.read More.

COVID-19 Disrupts an Efficient Supply Chain

Logistics Viewpoints

There was a time when Mumbai’s dabbawalas (lunchbox carriers) were known for their efficient supply chain and logistics. But the COVID-19 incursion changed the lives and livelihoods of Mumbai’s dabbawalas. Their lives can neatly be compartmentalized into BC and AC – before COVID-19 and after COVID-19. Scenario Before COVID-19 Mumbai’s dabbawala service was legendary for its reliability.

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Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

The Consumer Packaged Goods Industry Shines During the Pandemic

Enterra Insights

One of the unexpected consequences of the pandemic is a new appreciation by consumers for shelf-stable foods and other consumer packaged goods (CPG) products. Colin Stewart, Executive Vice President of Business Intelligence at Acosta, notes, “All industries are feeling its effects, but brands and retailers in the consumer packaged goods industry are among those on the front lines of this fight.

An extraordinary challenge for the Supply Chain

Prophetic Technology

What Supply Chain (SC) competitive advantages come from Supply Chain Ecosystem Orchestration? supply chain disruption

For Shippers, Dynamic Invoice Matching May Yield a 10% Boost to the Bottom Line

In the Supply Chain

By Martin Verwijmeren (pictured). CEO at MPO. The post For Shippers, Dynamic Invoice Matching May Yield a 10% Boost to the Bottom Line appeared first on IT Supply Chain. Industry Talk

The Internet of Robotic Things: How IoT and robotics are evolving to benefit the supply chain

Manufacturing & Logistics IT

The Internet of Robotic Things (IoRT) is a rapidly evolving technology. In just a few decades, industrial robots have become commonplace in factory settings across the world, and they only continue to gain popularity for their productivity and profitability

Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.