2018

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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

It was not my goal; but by accident, it became my mission. At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Here is an excerpt from the article: “…it isn’t by be

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How to Prepare the Next Generation of Manufacturers

GlobalTranz

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. Experts have predicted more than 2 million manufacturing jobs will go unoccupied during the next 10 years, as the baby boomer generation starts to retire. How can we help to prepare the industry for the next generation of manufacturers?

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Five Ways to Fix Statistics in Supply Chain Research

SCM Research

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) Abandon statistical significance : Academia seems to like “statistical significance”, but P value thresholds

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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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An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to s

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How Procter & Gamble is thriving on supply chain complexity

ToolsGroup

Source: Gartner Supply Chain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supply chain planning. Now, speaking at September's Gartner Supply Chain Executive Conference in London , P&G’s product supply director Onofrio Caradonna reveals how the company is applying planning capabilities to its distributor network.

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Prices Set To Ramp Up For Chinese New Year: Freight Rate Update W2

Freightos

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. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Following brief dips last week, ocean and air freight prices will likely rise in the run-up to the Chinese New Year closedown.

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The Growing Maturity of Blockchain for Supply Chain Management

Logistics Viewpoints

Technical issues with blockchain for supply chain applications have been largely eliminated. The technology is being widely tested in pilots and proof of concepts but is not yet in every day usage. Experts predict that 2018 will be the year this changes. The post The Growing Maturity of Blockchain for Supply Chain Management appeared first on Logistics Viewpoints.

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Why Safety Stock Is So Important to Your Supply Chain

Demand Solutions

Managing a supply chain is not easy, although the job description is seemingly straightforward: Ensure that the right products are available at the right location at the right time. Sounds easy, right? That's because you haven't considered the factors that constantly get in the way — factors such as inaccurate forecasts, transportation delays, and inclement weather.

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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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Zara supply chain analysis - the secret behind Zara's retail success

TradeGecko

It's not unusual to pass a Zara store and do a double-take - didn't you just see that on the catwalk? As a brand, their speed and responsiveness to the latest fashion trends are key to Zara’s competitive advantage. Owned by the distribution group Inditex, we had a look at what makes Zara so fast that the New York Times called it "mind-spinningly supersonic ".

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Is Walmart’s OTIF Mandate Good News After All?

CHAINalytics

| By Pieter Bauwens | Principal, Europe | Chainalytics | How the new policy presents an opportunity for more fact-based decisions when interacting with retailers. Walmart signaled their new On-Time-In-Full (OTIF) policy in 2016, communicated its details in July 2017, and now requires full truckload (FTL) suppliers to comply with the policy 95% of the … The post Is Walmart’s OTIF Mandate Good News After All?

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How Logistics is Adapting to Meet Evolving Customer Expectations

NFI Industries

Today, when individuals place an order online, they typically expect to receive the product almost immediately. This may seem like nothing new and comes from the traditional expectation of exchanging money for goods or services. However, the trend of customers expecting near immediate results is something much more recent altogether. With the rise of companies.

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

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.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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How You Can Get MORE from a Unichannel Logistics Partner! (ULP)

Supply Chain Network

Contrary to what some procurement professionals may think, all logistics solution providers are not created equal, and those who consider price only, or as main factor in their selection process, are doomed to mediocrity and perhaps even failure. And as both online and offline retailers are pulled further and faster into a future where consumer demands are steadily increasing and customer experience is paramount, the need for advanced logistics solutions delivered seamlessly across all channels

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Gamification ideas in business: Your way to a more efficient supply chain

Kinaxis

by Emily Hunt Simply put, gamification involves the application of game design elements in a business setting. Gamification uses both intrinsic and extrinsic motivators to encourage users to perform at their best, fostering engagement through tactics ranging from simple – such as a progress bar, to those that are more complex – such as loyalty programs and immersive storytelling.

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How advanced is your supply chain network design? Take our quiz to find out

AIMMS

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. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat.

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Three Benefits of a Resilient Supply Chain

Oracle SCM

Diego Pantoja Navajas , VP WMS Development. It's winter in the northern hemisphere, and it's freezing throughout most of the continental United States. I'm always struck by how weather patterns not only affect our lives but how they also disrupt supply chains and global trade. Usually, it's an El Niño weather system causing turmoil in places around the world – either by strengthening hurricanes and storms in the Atlantic or by generating floods and droughts in other

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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E-commerce and Last Mile Logistics: A love story

C3 Solutions

You may wonder how a yard management and dock scheduling software provider can be an expert on the topic of last mile logistics. We’ll get to that; but first, let’s start by reiterating the basic definition of last mile logistics.

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A Playbook for Supply Chain Strategy

Logistics Viewpoints

When we think of strategists, we tend to think of men (C-level folks are still mostly men) with giant foreheads seeing things the rest of us cannot. But strategy is often more prosaic. For example, when it comes to supply chain strategy, there is a playbook that can be followed. The post A Playbook for Supply Chain Strategy appeared first on Logistics Viewpoints.

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The Cost of Disaster

Elementum

Natural disasters continue to dominate headlines worldwide and are only likely to increase in prevalence in years to come. Last year marked the costliest on record for natural disasters in the United States. The country suffered an estimated $306 billion in disaster-related damages in 2017, predominantly due to major hurricanes and wildfires. According to a report published by the National Oceanic and Atmospheric Administration (NOAA), the damage caused by Hurricane Harvey alone came in at appro

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Walmart's successful supply chain management

TradeGecko

When you drop by your local Walmart, you are witnessing one of history’s greatest logistical and operational triumphs. According to Supply Chain Digest , this global retail giant operates more than 11,700 stores under 59 company names, with 2.3 million employees in 28 countries around the world while managing an average of $32 billion in inventory.

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Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges. The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG

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Are Inefficient Practices Affecting Your Supply Chain?

CHAINalytics

| By Jacqueline Quirk | Consultant, Supply Chain Operations | Chainalytics | Accelerated growth and expansion of your portfolio are often considered factors of success for your business. Yet, this success is not exempt from growing pains, especially as it pertains to your warehousing and product distribution.

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The Difference Between Visibility and Transparency Within Your Supply Chain

NFI Industries

The terms “visibility” and “transparency” are often used interchangeably in the logistics world. Logistics providers market benefits of visibility and transparency, but it has many customers wondering what exactly the difference is between the two terms. While both phrases are used to reference many of the same things, there are differences in their connotations in.

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The Future of Supply Chain: It’s Time to Start Managing Supply Chains for the Future, Not the Past

GlobalTranz

The future of supply chain management is filled with technologically empowered, happy, satisfied workers, faster workflows, synchronous systems, robotics, millennials, and even more millennials. Can you imagine it? Are you ready? Supply chain managers face many challenges in the digital age. E-commerce is growing at an annual compound rate of 18%, and tomorrow’s workforce has unique and experience-centric expectations.

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The Automated Local Fulfillment Imperative

Supply Chain Network

Numerous times recently I’ve found myself saying (and tweeting) that… ‘Going forward Fulfillment automation is no longer just an option.’ Having been a contributor to many SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses for e-commerce service providers, retailers and even CPG manufacturers, I’ve lost count of how many times I’ve warned all who would listen that fulfillment automation (or the lack thereof) will be a significant threat to their onl

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Mastering Supply Chain Sustainability: Where Does ESG Fit In?

Speaker: Hortense Grouvel

In this new webinar, you will learn firsthand how to set up a sustainable supply chain program that will help meet increasing ESG requirements stemming from regulators, customers, consumers, and investors alike. Hortense Grouvel, ESG expert at IntegrityNext, and Sean Whelan, Global Senior Manager at Halliburton, will look at how ensuring compliance will also help you increase sustainability performance, resilience, and innovation, allowing you to unlock the full potential of your supply chain op