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90, then 80, followed by 76. The highway rolls ahead of me. There are endless mile markers. It is a long day. Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. MORE
Artificial Intelligence is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and. The post 6 Ways AI is Impacting the Supply Chain appeared first on The Network Effect. MORE
François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, MORE
Why Every Supply Chain Function from Procurement to Accounts Payable Will Perform Better if You Have an ERP Orchestration Engine (i.e. true Supply Chain Orchestration Platform). ERPs claim to provide process orchestration. MORE
Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. MORE
Recently, Dassault Systèmes was recognized as the world’s most sustainable company by Corporate Knights in the 2018 Top 100 Most Sustainable Corporations in the World index. MORE
Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. You can read and download the full report at [link]. Whether ensuring a product is in stock when a customer walks into a store, or having the ability to profitably fulfill an online order within the time frame customers expect, companies need to have accurate and real-time visibility to inventory across all segments of their supply chain. Unfortunately, despite the effort and resources invested to date, many companies are still not performing to their full potential when it comes to omnichannel fulfillment, and they continue to experience challenges related to inventory visibility and optimization. In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. These results suggest that many companies believe they still have significant opportunities to improve their omni-channel fulfillment operations, especially when it comes to inventory visibility and optimization. What are some of the biggest challenges that remain? What are the biggest opportunities for improvement? We’ll explore those questions in more detail in future reports, but you can get a sneak peak of these challenges and opportunities by looking at what separates companies that characterized their omni-channel performance as Above Average from those that characterized it as Average or Below. Performance Leaders Have Greater Real-Time Inventory Visibility Across Supply Chain Nodes. It’s impossible to manage and optimize your inventory across your supply chain if you don’t have visibility to it. While real-time inventory visibility might not be necessary at every node (in some cases, hourly or daily updates might be sufficient), the more real-time visibility you have, the more effective you’ll be at making smarter decisions faster — assuming the data is accurate, of course (more on inventory accuracy later in the report). Across virtually every supply chain node, a greater percentage of Above Average Performers reported having real-time visibility of inventory compared to Average or Below Performers. For example, 47 percent of Above Average Performers reported having real-time visibility to inventory at stores while only 21 percent of Average or Below Performers reported having the same. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. However, even Above Average Performers have significant room for improvement when it comes to inventory visibility. For example, only 24 percent of Above Average Performers reported having real-time visibility to Inventory in Transit — and 35 percent reported not having any visibility to it, as shown in the chart below. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. For additional insights from the research study and recommendations, please download the report. The post Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility appeared first on Talking Logistics with Adrian Gonzalez. Retail Trends Supply Chain & Logistics Trends inventory optimization inventory visibility LEGACY Supply Chain Services omni-channel MORE
While advanced innovations and developments like the Internet of Things (IoT) reach each industry and change the way we work together, the requirement for business transformation is rising. Meat producers, in any case, are questioning where to begin. MORE
Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. MORE
Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. MORE
Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. MORE
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building. MORE
How blockchain technology can improve your supply chain Today, there is much buzz about blockchains in various industries. Business leaders. The post Why Your Supply Chain Needs Blockchain appeared first on The Network Effect. MORE
Source: Gartner 2018. Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. MORE
by Alexa Cheater Faster, smarter, more profitable supply chain decisions. MORE
If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? MORE
Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees. MORE
How many labeling systems do global companies have in operation? Labeling Logistics Standardization Supply Chain Manufacturing MORE
The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. MORE
The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2) MORE
SEPTEMBER 25, 2018
Today’s most profitable companies have built their success on an effective and responsive supply chain network. But maintaining this is easier said than done. Supply chain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. MORE
Social media sites like Twitter, Facebook, Google+, LinkedIn and YouTube dominate the way people share information and communicate today. Considering just how influential these sites can be, it is amazing to think most weren’t introduced until the mid-2000’s. MORE
It was not my goal; but by accident, it became my mission. MORE
In recent years, the steel industry has seen creative solutions to long-standing challenges, emerging technologies, and niche market explorations – all of which are changing this traditionally conservative industry. MORE
In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. MORE
by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations. MORE
Supply Chain Shaman
OCTOBER 5, 2018
François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement. At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0,
Talking Logistics
JANUARY 16, 2018
Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994.
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DELMIA Quintiq
MARCH 9, 2018
Recently, Dassault Systèmes was recognized as the world’s most sustainable company by Corporate Knights in the 2018 Top 100 Most Sustainable Corporations in the World index.
ToolsGroup
JULY 10, 2018
If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on?
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In today's new supply chain paradigm, resilience and agility are key. Is your planning process fit enough to keep up with the pace of change? Is your tech stack helping or hindering your progress? Take AIMMS's new quiz to uncover learnings and benchmark yourself against peers!
Supply Chain Shaman
SEPTEMBER 3, 2018
It was not my goal; but by accident, it became my mission.
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Supply Chain Brief brings together the best content for supply chain and logistic professionals from the widest variety of industry thought leaders.
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Kinaxis
MARCH 27, 2018
by Alexa Cheater Faster, smarter, more profitable supply chain decisions.
SCM Research
JANUARY 9, 2018
The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2)
The Network Effect
MARCH 7, 2018
How blockchain technology can improve your supply chain Today, there is much buzz about blockchains in various industries. Business leaders. The post Why Your Supply Chain Needs Blockchain appeared first on The Network Effect.
AIMMS
SEPTEMBER 25, 2018
Today’s most profitable companies have built their success on an effective and responsive supply chain network. But maintaining this is easier said than done. Supply chain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations.
Speaker: Rob Handfield, PhD, Bank of America University Distinguished Professor of Supply Chain Management at NC State University
Join this informative webinar with Rob Handfield, Bank of America University Distinguished Professor of Supply Chain Management at NC State University, who will go over how the Coronavirus has impacted supply chains, as well as discussing approaches for preparing your supply chain for future outbreaks of major global disruptions. The world is becoming a riskier place, and it is important to plan for disasters ahead of time.
Freightos
JANUARY 16, 2018
Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces.
River Logic
SEPTEMBER 30, 2018
Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees.
OneSCM
JANUARY 29, 2018
Why Every Supply Chain Function from Procurement to Accounts Payable Will Perform Better if You Have an ERP Orchestration Engine (i.e. true Supply Chain Orchestration Platform). ERPs claim to provide process orchestration.
DELMIA Quintiq
DECEMBER 4, 2018
In recent years, the steel industry has seen creative solutions to long-standing challenges, emerging technologies, and niche market explorations – all of which are changing this traditionally conservative industry.
Speaker: Brian Dooley, Director SC Navigator, AIMMS
It’s no secret that demand is getting more difficult to predict. Is your demand forecasting process evolving with the times? How does your process stack up against others? Are you satisfied with your level of forecast accuracy? This webinar shares research findings from a recent survey among supply chain planning professionals to help you answer these questions.
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ToolsGroup
NOVEMBER 6, 2018
Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning.
Supply Chain Shaman
OCTOBER 4, 2018
90, then 80, followed by 76. The highway rolls ahead of me. There are endless mile markers. It is a long day. Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania.
Cerasis
FEBRUARY 6, 2018
Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.
Kinaxis
MARCH 19, 2018
by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supply chain management in outer space operations.
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AIMMS conducted research to assess how supply chain teams perceive the accuracy of their forecast and discover the tools and techniques they are using to upgrade the forecasting process. In this report, you will find helpful benchmarks and insights offered by your peers on the latest demand forecasting techniques, forecast granularity and periodicity, and expectations for the future.
Logility
OCTOBER 23, 2018
Social media sites like Twitter, Facebook, Google+, LinkedIn and YouTube dominate the way people share information and communicate today. Considering just how influential these sites can be, it is amazing to think most weren’t introduced until the mid-2000’s.
The Network Effect
SEPTEMBER 27, 2018
Artificial Intelligence is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and. The post 6 Ways AI is Impacting the Supply Chain appeared first on The Network Effect.
AIMMS
FEBRUARY 13, 2018
In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests.
Loftware
NOVEMBER 19, 2018
How many labeling systems do global companies have in operation? Labeling Logistics Standardization Supply Chain Manufacturing
Speaker: Max Muller, Attorney and Author
Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.
Talking Logistics
SEPTEMBER 24, 2018
Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. You can read and download the full report at [link]. Whether ensuring a product is in stock when a customer walks into a store, or having the ability to profitably fulfill an online order within the time frame customers expect, companies need to have accurate and real-time visibility to inventory across all segments of their supply chain. Unfortunately, despite the effort and resources invested to date, many companies are still not performing to their full potential when it comes to omnichannel fulfillment, and they continue to experience challenges related to inventory visibility and optimization. In fact, two-thirds of the companies surveyed characterized their omni-channel fulfillment performance (relative to peers in their industry) as average or below, with 30 percent characterizing it as below average. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. These results suggest that many companies believe they still have significant opportunities to improve their omni-channel fulfillment operations, especially when it comes to inventory visibility and optimization. What are some of the biggest challenges that remain? What are the biggest opportunities for improvement? We’ll explore those questions in more detail in future reports, but you can get a sneak peak of these challenges and opportunities by looking at what separates companies that characterized their omni-channel performance as Above Average from those that characterized it as Average or Below. Performance Leaders Have Greater Real-Time Inventory Visibility Across Supply Chain Nodes. It’s impossible to manage and optimize your inventory across your supply chain if you don’t have visibility to it. While real-time inventory visibility might not be necessary at every node (in some cases, hourly or daily updates might be sufficient), the more real-time visibility you have, the more effective you’ll be at making smarter decisions faster — assuming the data is accurate, of course (more on inventory accuracy later in the report). Across virtually every supply chain node, a greater percentage of Above Average Performers reported having real-time visibility of inventory compared to Average or Below Performers. For example, 47 percent of Above Average Performers reported having real-time visibility to inventory at stores while only 21 percent of Average or Below Performers reported having the same. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. However, even Above Average Performers have significant room for improvement when it comes to inventory visibility. For example, only 24 percent of Above Average Performers reported having real-time visibility to Inventory in Transit — and 35 percent reported not having any visibility to it, as shown in the chart below. Source: “Omni-Channel Logistics Leaders: Top 5 Inventory Insights,” Adelante SCM & LEGACY SCS. For additional insights from the research study and recommendations, please download the report. The post Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility appeared first on Talking Logistics with Adrian Gonzalez. Retail Trends Supply Chain & Logistics Trends inventory optimization inventory visibility LEGACY Supply Chain Services omni-channel
OneSCM
AUGUST 2, 2018
Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers.
DELMIA Quintiq
NOVEMBER 2, 2018
While advanced innovations and developments like the Internet of Things (IoT) reach each industry and change the way we work together, the requirement for business transformation is rising. Meat producers, in any case, are questioning where to begin.
ToolsGroup
DECEMBER 11, 2018
Source: Gartner 2018. Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list.
Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS
Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.
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