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No doubt about it. The decision support technologies that we use today–price management, trade promotion management, network design, supply chain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics. We are on a hype cycle. There is no common definition of cognitive computing and there are many variants.
Editor's Note: Today's blog is from Nicole Lewis who talks about embracing the idea of women in logistics for top-level talent. When a young lady turns into grown up, and it is time to make a decision about a future career, how many parents will consider the logistic profession as a good choice? In the variety of modern specializations, they would rather recommend studying one of the liberal sciences.
Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. POS data helps sense and respond to localized demand. The blue bars represent historic average order demand profiles, while the colored lines represent regional POS demand patterns. Editor's Note: Due to the summer holidays, there will be no blog post next week. Lora Cecere, CEO of Supply Chain Insights, has released a useful new report entitled “The Power of Downstream Data” which describes new value proposition data for
by Alexa Cheater Faced with growing global complexity and increasing demand volatility, Kennametal set out to improve its supply chain maturity, increase data integration and improve its bottom line. But doing so meant developing an integrated supply chain connecting data, process and people. Driving the decision to change was the impact of market demands on Kennametal’s revenue.
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.
In many aspects of life — from politics to criminal investigation to investment — the advice you often hear is … Continued. The post The Unstoppable Digital Supply Chain Movement appeared first on Enterra Solutions.
In my previous guest commentary , I shared some of my thoughts on the impact of machine learning on S&OP and described what would be a potential ultimate machine learning solution. In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales.
In my previous guest commentary , I shared some of my thoughts on the impact of machine learning on S&OP and described what would be a potential ultimate machine learning solution. In today’s post, I’ll share some concrete examples of machine learning applications used today in the context of S&OP. Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales.
There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle , the two dominant types of inventory management technologies include manual and automated systems. But, there are additional levels of inventory management in between.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the Supply Chain Expert Community. Last week, Toyota and Mazda signed an agreement to enter a business and capital alliance to further strength their partnership. The outcome is expected to either significantly impact an existing automotive supplier network or prompt manufacturers and suppliers to move or begin operations.
If you’re like many companies struggling with the complexity of food logistics, you likely have too many manual processes and/or outdated systems to manage the environment. This disparate approach doesn’t work in an industry that’s undergoing rapid change, from omni-channel demands and regulatory changes, to dynamic carrier bases and multi-modal transportation needs.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this post, Rafael Granato from PINC Solutions summarizes a video case study we featured recently on Talking Logistics, part of our “Profiles in Yard Management Excellence” series where we highlight companies (in this case, Universal Logistics) that are
More than 25 million small packages , otherwise known as parcels, are shipped daily. Meanwhile, the top 10 commodities shipped tend to be bulky and require less-than-truckload (LTL) shipping. But, the lines between parcel and LTL shipping have started to blur in recent years. Parcel carriers are spending less per parcel shipment, and LTL shippers are spending less by reducing the “work” that goes into shipping.
Retailers and suppliers have a symbiotic, but often tense, relationship. One source of tension is retailer chargebacks (or fines). Last … Continued. The post Chargebacks: Walmart Raises the OTIF Stakes appeared first on Enterra Solutions.
Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.
This is the 80th post I’ve written this year, along with the 30 guest commentaries I’ve reviewed and edited and the 32 video episodes I’ve moderated. It’s time for a vacation. This is the one time of the year where I truly and completely disconnect: no smartphone, no laptop, no television (except to watch all the movies I’ve missed this past year.).
“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.
Josef Bogosian, Diego Flores, Sonali Galhotra, Mark Lee, Alex Lieu, Felipe Caro. The King of Eyewear: Luxottica. Based in Italy, Luxottica has a monopoly-like position in the global eyewear industry. Luxottica target markets are in fashion, luxury, and sports eyewear, and with a market share of 58% [1], Luxottica has a stake in every part of the market.
Digital transformation is evident in the vendor landscape for trade promotion management today. The evidence is in; and it appears that consumer products manufacturers now have a wide range of choices for both cloud and on-premise solutions to managing the second largest line item in the company P&L. After nearly two months of detailed briefings with the world’s top trade promotion management vendors, it is evident that the embrace of new technologies has already moved into advanced phases.
Today’s economy is a plastics economy, as most of our global supply chains contain plastics. A report, published by the Ellen MacArthur Foundation, is titled The New Plastics Economy: Rethinking the Future of Plastics. Herein it becomes evident that linear supply chains need to become circular: “The circular economy is gaining growing attention as a potential way for our society to increase prosperity, while reducing demands on finite raw materials and minimising negative externaliti
While in some ways obtaining supply chain visibility has gotten more difficult over the years, due to globalization, outsourcing, product proliferation, and other factors, in other ways it has gotten easier thanks to advancements in technology. One area, for example, is trading partner and system integration. How are today’s technologies helping in this area?
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
In InboundLogistics.com, Bernard Goor discusses the disruption about to hit grocery retailers, and how they can hold their market share. The post Why Grocery Retailers Need to Embrace Digitization Now appeared first on The Network Effect.
Temperatures on the rise; flowers and trees in bloom; and that time of year when we start to think of the annual ritual—spring cleaning. Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations.
Any company that shares a name with one of the world’s largest rivers is bound to be a contender. Amazon’s CEO Jeff Bezos – briefly the world’s richest man – has done everything he can to ensure his company lives up to its lofty moniker. That means breaking new ground constantly behind the scenes, whether it’s using robots in warehouses or looking into airborne drone deliveries.
There are many companies that have transportation operations in both the United States and Canada. As you might expect, the transportation market in Canada is a bit different than in the U.S. “Geographically, Canada is the second largest country in the world and it has the tenth largest economy in the world,” said Brian Ware, VP of Marketing & Business Development at Transplace Canada in a recent episode of Talking Logistics.
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.
Restaurants have been under increasing pressure to meeting changing consumer demand, lower costs, and minimize waste. Consumer-driven, digital business networks. The post Video: Digital Transformation for Restaurants appeared first on The Network Effect.
Any company that shares a name with one of the world’s largest rivers is bound to be a contender. Amazon’s CEO Jeff Bezos – briefly the world’s richest man – has done everything he can to ensure his company lives up to its lofty moniker. That means breaking new ground constantly behind the scenes, whether it’s using robots in warehouses or looking into airborne drone deliveries.
Todd Bernitt, Vice President of Managed Services at Robinson Fresh addresses the following questions and more in this timely and informative episode: Who are the key participants in the fresh food supply chain and what are some of the key processes or challenges involved? If you had to boil down the critical factors or attributes that define a best-in-class procurement-to-delivery operation, what would those factors be?
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.
It’s common knowledge that retail is under tremendous pressure from ecommerce and changing consumer buying habits. But how bad is. The post Fixing the Retail Supply Chain appeared first on The Network Effect.
The rise of e-commerce and success of omni-channel retailing has driven consumers to be more demanding than ever, and grocers need to evolve their supply chains to meet these rising expectations. There are many components to this shift in demand and this 4-part blog series will go into more detail. The blog series will discuss shifting consumer behaviors, a variety of implications to the supply chain required to provide and scale service, while effectively managing inventory and value add proces
Any company that shares a name with one of the world’s largest rivers is bound to be a contender. Amazon’s CEO Jeff Bezos – briefly the world’s richest man – has done everything he can to ensure his company lives up to its lofty moniker. That means breaking new ground constantly behind the scenes, whether it’s using robots in warehouses or looking into airborne drone deliveries.
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