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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5 Steps to 100% Inventory & Asset Accuracy: A Warehouse Manager’s Guide to RFID

We’re excited to share a guide created in collaboration with our partners at Zebra and T&W Operations, experts in RFID Smart Solutions. The guide is “5 Steps to 100% Inventory & Asset Accuracy.” It highlights the use cases, benefits, and challenges of implementing RFID into your warehouse and supply chain operations and finding the right partner to get you there.

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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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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

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. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven.

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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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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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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

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Halloween Candy – A Scary Supply Chain Planning Problem

Logility

I admit, I love to eat Halloween candy as much as most grade school children (maybe more). My favorite: candy corn of course! What’s not to like about candy that is sugar mixed with more sugar! I am not the only one with a sweet tooth, according to CandyStore.com, this year Americans will spend more than $2.6B on trick-or-treat candy. I have to believe dentists see this number as both scary and job security.

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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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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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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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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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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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ESG Reporting: It Is Inevitable, But It Doesn’t Mean That It Must Be Complicated

In these challenging times, climate change must inevitably be a top-of-mind priority. We need to act now by making the right decisions. 2022 was the year of corporate commitments to sustainability, and 2023 is the year where promises become proposals, mission statements become metrics, and aims become actions. New regulations have been set regarding the corporates, and they must comply.

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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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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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How to Build a Collaborative Global Demand Planning

Arkieva

How global businesses can build a collaborative demand planning process How to Build a Collaborative Global Demand Planning was first posted on June 26, 2018 at 8:48 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Integrating Blockchain With Other Supply Chain Systems

Shipchain

In modern supply chains, communication and collaboration are everything. Systems that work together can ensure that all parties in the supply chain have access to the information and resources necessary to fulfill more orders and please customers. The introduction of blockchain technology is no different from traditional upgrades to supply chain management systems.

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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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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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 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 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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eCommerce Sustainability: A Comprehensive Look at 2023 Consumer Attitudes

Sifted surveyed 500 consumers to understand their attitudes toward sustainable shipping practices. Their report outlines how important it is to them, how price impacts that importance, and what sacrifices they're willing to make for greener shipping.