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From cloud-based systems to transportation management, the state of the logistics industry is evolving to expand an increasing number of services. Meanwhile, the overall capacity of shipments is climbing higher, reports Jeff Berman of Logistics Management, and the driver shortage is becoming more essential as full truckload shipments decrease. Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering
Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare. The Elemica announcement contained the obligatory positive quotes and promises to customers.
Source: Algorithmic Supply Chain Planning: The Future of SCP , Amber Salley, May 2016. Gartner has taken a look at the future and sees lots of algorithms. The analyst firm says algorithms “are now feasting on the wealth of data becoming available, leveraging the huge computing resources in the cloud and becoming a pivotal source of competitive differentiation.
What does the future hold for your business? And what can you do to ensure a leading position in the market 10 years from now? I was talking to a postal company the other day that didn’t have the answer to either question. Postal companies are seeing a three percent drop in volume every year, racking up huge losses. The postal company I met with was no exception.
Ensure your mid-year performance reviews are focused, productive, and growth-oriented with this practical checklist from Mitratech Trakstar. Designed for HR professionals, people managers, and team leads, this guide walks you through the full review process—from pre-meeting prep and feedback collection to action planning and follow-up. It also includes tips for creating a comfortable and effective review experience, plus ways to leverage tools like self-evaluations, PIPs, and development plans.
The MAPI Foundation recently released predictions for how the supply chain will grow and evolve from 2016 to 2018. While the supply chain fell short of previous expectations for growth in 2015, it continued to have a strong fourth quarter in 2015. However, the supply chain of 2016 is looking different from what economists had expected, and the supply chain is battling many problems.
A few weeks ago I attended the ToolsGroup Supply Chain Transformation conference in Boston. One of the more interesting sessions I attended was “Predictive Commerce and Machine Learning” featuring ToolsGroup CEO Yossi Shamir. While Yossi obviously touted the benefits of the ToolsGroup product suite, the session focused more on the big concept of why supply chain needs automation now.
A few weeks ago I attended the ToolsGroup Supply Chain Transformation conference in Boston. One of the more interesting sessions I attended was “Predictive Commerce and Machine Learning” featuring ToolsGroup CEO Yossi Shamir. While Yossi obviously touted the benefits of the ToolsGroup product suite, the session focused more on the big concept of why supply chain needs automation now.
by Iman Niroomand Today, I’d like to discuss distribution networks shapes. A distribution network is a channel that a company uses to get its products from the manufacturer to the end customer. The shape of this distribution network could vary from a small and simple size network to very complicated networks such as power grid network. The factors that are involved in defining the shape of the distribution network are end customer product demands, product variety, product availability, response
Deciding to buy a transportation management system (TMS) is a big decision and there are a lot of factors to consider. One area of consideration that, at times, can be overlooked is the type of customer support the company will provide after implementation. This is an important question because it can impact the ability to maximize a TMS investment.
Supply chain management has certainly become far more strategic in recent years. But does that mean that companies should have a chief supply chain officer (CSCO)? In their new article, titled The Appointment of Chief Supply Chain Officers to Top Management Teams , Roh, Krause & Swink (2016) aim to answer this question. Based on empirical data, they show that “financial leverage, internationalization, and diversification all predict CSCO appointment to the [top management team]”
The third-party logistics (3PL) market – encompassing non-asset-based transportation, warehousing, and integrated supply chain services – witnessed a decline of 8.9 percent in organic growth. Organic growth is the growth that would occur absent the effect of acquisitions. The analysis compares first quarter 2016 revenues to first quarter 2015 revenues.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
by Alexa Cheater People are the heart of your company and one of your company’s most valuable assets. That’s why practically every company strives to provide great compensation, benefits, offer new age work spaces, and cultivate engaging and fun cultures. All of this is needed just to keep up in the supply chain talent war. But one other key factor I’ve heard in talking with customers is providing the right tools for the job.
My Little League team lost its first playoff game this past Monday. We were down 9-0 after two innings, rallied back to take a 12-9 lead, then the other team came back to tie the game in the bottom of the 6th inning, sending the game to extra innings where we ultimately lost. Last night, facing elimination, we were down 5-2 in the bottom of the 6th inning, down to our final three outs, when we rallied to tie the game, sending it to extra innings again.
Supply chain management has certainly become far more strategic in recent years. But does that mean that companies should have a chief supply chain officer (CSCO)? In their new article, titled The Appointment of Chief Supply Chain Officers to Top Management Teams , Roh, Krause & Swink (2016) aim to answer this question. Based on empirical data, they show that “financial leverage, internationalization, and diversification all predict CSCO appointment to the [top management team]”
There is a lot of talk today about the Internet of Things (IoT) and how it will connect with individuals … Continued. The post The Internet of Things will be Rooted in Industry appeared first on Enterra Solutions.
Robots are a cornerstone of a smart factory, automating a wide range of manufacturing tasks that are monotonous, physically straining, or even hazardous. However, real-world robotics deployments have not lived up to the revolutionary potential the industrial sector had originally envisioned. Robot implementations are typically confined to specific applications, carry high costs, and are time-consuming.
by Jonathan Lofton Can you believe we’re rapidly approaching the end of this series ( Design for the Supply Chain ) already!?! This week we’re talking about the meticulousness of the supply chain management solution. Principle #8: Good design “Is thorough down to the last detail”. “Nothing must be arbitrary or left to chance. Care and accuracy in the design process show respect towards the consumer.” – ‘ Dieter Rams: ten principles for good design’.
This past Tuesday Elemica announced that it was being acquired by private equity firm Thoma Bravo. Here are some quotes from the press release: “Elemica represents the ideal archetype for what we look for in an investment at Thoma Bravo,” said A.J. Rohde, Partner at Thoma Bravo. “The company has developed a patented supply chain and logistics network in key verticals such as chemicals, tire & rubber and other process industries, provides mission-critical applications for its customers, and i
Challenges and Opportunities in the Foodservice Supply Chain Is there any supply chain more important than the foodservice supply chain? It supplies us with the very material that makes up and fuels our bodies. So how healthy is the food supply chain? Food Logistics magazine reports on a survey conducted by HAVI Global Solutions and […]. The post Lessons from the Foodservice Supply Chain appeared first on The Network Effect.
Amid all the hype about the Internet of Things (IoT) one fact is beginning to come clear — there are still … Continued. The post Challenges Still Face Full Internet of Things Implementation appeared first on Enterra Solutions.
E-commerce is a major driver for global change in the logistics industry. E-Commerce sales are fast outpacing traditional brick and mortar sales and the impact on logistics is significant due to changes in physical distribution networks, including massive e-fulfillment centers, sortation hubs, parcel hubs, and urban fulfillment centers for quicker order fulfillment.
There were plenty of highlights from the recent JDA FOCUS 2016 conference, where more than 2,000 customers, prospects and partners gathered to learn about creating “a seamless supply chain,” which was the theme of this year’s conference. As JDA CEO Bal Dail said in his opening address: Our vision at JDA is to deliver a seamless supply chain to you, our customers, so you can deliver a seamless consumer experience because that’s what they want.
Reconsidering the conventional view can unlock new potential By Jim Serstad Managing Director, Asia, Tompkins International It is common to treat China as an independent network in distribution network design. However, this approach should change. Given the size and complexity of China, it seems reasonable to optimize it as an independent network from inbound port […].
Inventory management continues to be a business conundrum. Lora Cecere (@lcecere), founder and President of Supply Chain Insights, recalls a … Continued. The post Inventory Optimization: Trying to Manage a Business Conundrum appeared first on Enterra Solutions.
“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.
At Directworks , our mission is to help our manufacturing customers develop, launch and deliver more profitable products. We fulfill this mission by helping their product stakeholders and direct materials suppliers work together more effectively at every stage of the product lifecycle. Our solution platform is built exclusively for discrete manufacturers and is designed with this mission in mind.
Gartner, Inc. has released the findings from its annual Supply Chain Top 25 , a report that identifies supply chain leaders and highlights their best practices. Analysts announced the findings at the Gartner Supply Chain Executive Conference held a few weeks back in Phoenix, AZ.
Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Deloitte has also highlighted the country as a major manufacturer of electronics parts , machinery, and appliances, among others.
For professionals who deal with extended supply chains, business is a 24/7 proposition. The old adage — “there is no … Continued. The post The Need for Supply Chain Excellence has never been Greater appeared first on Enterra Solutions.
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
Deciding whether to insource or outsource your transportation is a decision that many shippers face. In the CSCMP 2015 State of Logistics report, it was reported that the total cost of U.S. logistics was estimated at $1.449 trillion for 2014 with transportation costs being about 62.6% of that total. Of that proportion, trucking-related costs made. READ MORE.
The success of Global S&OP depends on, among other things, how well a company adapts to the local culture when developing and implementing it. Cultural issues are important. We may be able to change the culture of a company, but not the culture of a country. A Global S&OP approach. Globalization has made it necessary for companies to plan and operate not only across different regions within a country, but also outside the borders of the country of origin.
Tesla’s crossover Model X sports utility vehicle – characterized by its unique “falcon-wing” doors – was hit with significant delivery delays due to severe component shortages and issues with direct suppliers’ capabilities and cooperation , compromising the company’s initial forecast and resulting in a temporary stock price drop.
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