Sat.Oct 29, 2016 - Fri.Nov 04, 2016

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Why You Should Embrace Uncertainty in Demand Forecasting

ToolsGroup

It's human nature to look for certainty. We believe that if we can predict the future with perfect certainty, then we will react and prepare accordingly. As such, we tend to put all our planning effort into making better predictions. The problem is that after we invest considerable effort predicting one aspect of a future event, lots of uncertainty remains.

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Ooh, Scary Stuff, Kids. Tales from the Supply Chain Crypt.

Kinaxis

by Teresa Chiykowski Warning: This blog post isn’t for the faint of heart. In fact, I should include a PG-13 rating on it. Just kidding, although, for those involved, the scare factor must’ve been pretty high at times. Halloween is big business. In fact, National Retail Federation’s annual survey estimates that enthusiastic celebrators will spend an estimated 8.4 billion on Halloween – an all-time high in the survey’s 11-year history.

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Which Supply Chain Metrics Matter the Most?

Talking Logistics

When it comes to supply chain and logistics, figuring out the right approach to measuring performance is a challenge. Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? “Usually, there are three things that companies do wrong when trying to measure the performance of their organization,” said Jason Minghini, VP Best Practices at Kenco Group in a recent episode of Talking Logistics.

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Supply Chain Analytics: The birth of a new Dawn, or Daniel

Enchange Supply Chain Consultancy

Anyone expecting their first child has probably been told by a gloating-doting grandparent-to be that their lives are about to change dramatically. This is of course untrue as in reality dramatically is too simple a word and in any event, that “change” is far, far different than granny suggests. Your pre-natal life as you know it will become obsolete at the snip of a chord.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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What does the future have in store for the humble warehouse?

Supply Chains Rock

Guest blogger Rachel Stires The warehouse of today is a far cry from its humble beginnings. What started as a way to prevent famine has now turned into a powerhouse that effects the entire supply chain. The warehouse has evolved drastically during its history, but one change that has been vital to its growth is the automation of various processes.

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What Does a Car Service Have to Do with Cycle Counting?

Talking Logistics

The simple answer is – EVERYTHING! Let me briefly describe my recent car service experience and then you’ll understand why I say this and why an alternative approach to the problem is required. I dropped off my car for a routine service and stated to the service manager that the headlights on one side of the car were non-functional. After noting my feedback and confirming the details of this technologically advanced hybrid vehicle, we shook hands and said our goodbyes.

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The Efficient Frontier: Boldly Going Where Few Supply Chains Have Gone Before

Logility

Get out a piece of graph paper and plot your current achieved service level on the x-axis and your current inventory level on the y-axis. Mark that point with a dot. Now, estimate how much more inventory on hand would be required to raise your service level by 5%, 10%, 15%, and so on. Now, go in the opposite direction and plot how much less inventory would be required if you lowered your service level goal by those percentages?

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Supply Chain Success in India: How to Choose the Right Site Locations

CHAINalytics

Karthik Ravikumar | Manager, Supply Chain Design | and | Prateek Chauhan | Manager, Supply Chain Strategy & Operations | Chainalytics Site selection–choosing the right siting location(s) from a mix of potential candidates for manufacturing, warehousing or distribution–is one of the foundations of a solid supply chain network design and an optimized supply chain strategy anywhere in the world. … The post Supply Chain Success in India: How to Choose t

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S&OP, a vision for the future. The expert interview series #1

Supply Chain Trend

Introduction. In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck. Worse, overall S&OP development and progress seems to have stalled.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Targeted Marketing: How Much Segmenting is Too Much?

Enterra Insights

When Procter & Gamble (P&G) announced it was going to do less targeted marketing on Facebook, it was big news. … Continued. The post Targeted Marketing: How Much Segmenting is Too Much? appeared first on Enterra Solutions.

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Want Effective Collaboration? Forget the Silos and Focus on Outcomes Copy

ivalua

Let’s face it. Collaboration is beneficial, but typically hard to do in big enterprises. There is a lot of talk these days about the benefits of collaboration for manufacturers. It generally goes something like this: “If we can promote greater cross-functional teamwork, engage our suppliers more effectively and share important information more broadly, we can improve profitability, get to market faster, serve our customers better, etc.”.

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Key Takeaways from the 3PL Value Creation Summit 2016 hosted by Armstrong & Associates, Inc.

PINC

On October 18-20, Armstrong & Associates and Infocast held the fourth annual 3PL Value Creation Summit in Chicago, Illinois. The summit featured dynamic panel discussions from 3PL, investment, and technology industry leaders. Below are some of the key takeaways captured from the discussions.

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10 Warehouse Productivity Tips for Reducing Downtime Today!

Arkieva

If you are a warehouse manager, you would know that handling warehouse operations is not an easy task. It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse. Minimizing downtime and increasing productivity are two things that rank high on a warehouse manager’s to-do list. Here are 10 effective warehouse productivity tips to help you reduce downtime right away.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Industry 4.0: How Long will the Revolution Take?

Enterra Insights

“Imagine a world,” writes Mary Shacklett (@MaryShacklett), CEO of Transworld Data, “where smart systems, Internet of Things (IoT) sensors, and … Continued. The post Industry 4.0: How Long will the Revolution Take? appeared first on Enterra Solutions.

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Pernod Ricard Drinks to Better Demand Forecasts

Supply Chain Movement

Pernod Ricard, owner of brands such as Absolut, Campo Viejo, Malibu and Jameson, has made substantial improvements in demand forecast accuracy using Infor Demand Planning. Combined with the expertise within the Pernod Ricard supply chain team, the flexibility of the application has helped Pernod Ricard UK achieve an ongoing improvement in demand forecast accuracy and a more optimal inventory level.

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Seasonal Favorites Disrupt Supply Chains

NFI Industries

As the seasons begin changing, the popular activities of pumpkin and apple picking fill the weekends while enjoying seasonal drinks such as pumpkin ale and anticipating apple pie for the holiday season. With fresh produce, a variety of challenges can disrupt the supply chain including the growing season of a product. A reliable 3PL with. Read More.

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5 Spooky Excel Error Tales That Could Become Your Nightmare

Arkieva

This Halloween, while kids dress up in cute costumes to go trick-or-treating and homes gear up with their most ghoulish décor ever, there might be a real life “bogeyman” lurking in the shadows. A serious Excel error could cost a business thousands or millions of dollars. And while this kind of monster may not be hiding under your bed, it can keep you up at night, and even become your worst nightmare.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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What Digital Components Are Effecting Your Supply Chain

Tompkins Blog

Jim Tompkins, CEO, Tompkins International has just released his newest thought leadership video Supply Chain Revolutions: Responding to Digital Disruptions along with The Survival Guide to Digital Disruptions white paper. The post What Digital Components Are Effecting Your Supply Chain appeared first on Tompkins International.

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Demand sensing cuts error 37 percent

Supply Chain Movement

E2open announces its 2016 Forecasting Benchmark Study, an in-depth analysis of the state of demand planning for Fortune 500 companies, allowing firms to compare their forecasting performance against best in class. The 2016 study explores item proliferation, planner productivity, forecast accuracy and bias, forecast value-added, extreme error and demand sensing performance.

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Samsung’s Galaxy Note 7 Recall: Lessons for Procurement and Supply Chain Teams

Supply Chain 24/7

With a big push in the technology industry to roll out upgrades and launch new products as quickly as possible, the rush in production and innovation can’t come at the expense of quality control.

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Are You Ready to Sell Direct?

BlueYonder

It’s never been easier to customize the shopping experience — from product personalization to a myriad of purchasing and delivery options — to meet your specific needs. This shift has many companies adjusting their strategies to capture more e-commerce sales, developing processes to meet the “segment of one” with more personalized products and services.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Infographic: Top 5 PLM Reasons to Attend MSCE 2017

Oracle SCM

Getting what you expected from your PLM applications? Do you know current best PLM practices and how other companies are delivering innovative products and services to customers? If you answered “No”, then Modern Supply Chain Experience is the place for you! (And even if you answered “Yes”, then MSCE is still the place for you.

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Antiquated IT outmanoeuvres omnichannel for retailers

Supply Chain Movement

Outdated IT structures create the most challenges for retailers on their way to Omnichannel. This was clearly indicated based on surveying retailers in the Omnichannel Status Report 2016 compiled by Arvato in cooperation with Salesforce and the WHU – Otto Beisheim School of Management. In particular, corporate structures which are still vertically oriented need to be integrated accordingly with the widely spread, separated sales channels.

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It’s Time for Supply Chains to Adapt or Die

Supply Chain 24/7

Adapt or die. That message, or some version of it – was scattered throughout the conversations and keynotes that made up CSCMP’s Annual Conference this September in Kissimmee, Fla.

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How to create a supply chain center of excellence that works

CHAINalytics

By Jonathan Whitaker | From the Quarter 3 2016 issue A Center Of Excellence (Coe) Staffed By Analytics Experts Can Drive Supply Chain Improvements Across Your Organization. Here Are Six Recommendations For Ensuring A Successful Coe Initiative. Significant business change and fluctuating levels of complexity make it extremely difficult for companies with multiple, independent supply … The post How to create a supply chain center of excellence that works appeared first on Chainalytics.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Moving R&D Budgets to Software Products Produces More Revenue

Material Handling & Logistics

The average allocation of R&D spending for software and services increased from 54% to 59% between 2010 and 2015 and is expected to grow to 63% by 2020. read more.

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Frank Vorrath, Johnson Controls: “We are undergoing a bi-modal transformation”

Supply Chain Movement

The fact that most of us can maintain a comfortable temperature in our homes and places of work is thanks to the founder of Johnson Controls, Warren Johnson. In 1883 he invented the electrical thermostat and started what today is a $37 billion business. Based in Milwaukee, Wis. USA, with 150,000 employees worldwide, heating and cooling systems, that optimize energy and operational costs in buildings, remain part of its core business.

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Creating a Synchronized Global Trade Supply Chain

Supply Chain 24/7

In an increasingly interconnected world, where trade is a core component of economic activity, creating a more seamless global supply chain is now vital, however, a new generation of tech-savvy freight forwarders may be creating just the right amount of disruption the industry needs to improve synchronization.

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