Expert insights. Personalized for you.
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. Artificial Intelligence (AI) Automated Future Digital Supply Chain Logistics Supply Chain Management The Network Effect artificial intelligence logistics supply chain MORE
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. Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. The rain delays through the summer soured me on air travel. The sun is shining. The fall harvest—on either side of the road—bountiful. MORE
Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. 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, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. 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. The problem is, if you are using more than one ERP to manage your many business processes, then you end up with inefficient processes due to the data silos created by each system. And, while necessary to managing operations, ERPs only complicate supplier management. MORE
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. 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. The index is recognized globally as the gold standard for corporate sustainability analysis, with rankings based on various key performance indicators – including environmental, social, financial and innovation capacity – but also, as of this year, on the sustainability value of a company’s products. 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. 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. MORE
If you want to minimize supplier risk and maximize end-to-end supply chain efficiencies, you must first understand how to make the right technology connections. When you think about supplier relationship management, do you think about how many phone calls, emails or other “communications” it takes to coordinate every last transaction to a tee? Or, do you consider the deeper scope of supplier management: the behind-the-scenes coordination it takes to onboard and collaborate with a single supplier? MORE
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. A sustainable growth opportunity. P&G operates one of the most vast, complex distribution networks on earth. 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. Blockchain Supply Chain Management Technology chain-of-custody networks smart contracts supply chain MORE
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. MORE
I hate prediction articles. However, this morning over coffee, my fingers hunger to write this post. I am not sure why. It may be that I am growing tired of hubris and market hype. I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. I am often uncomfortable. Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. 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? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades. The days of simply using statistical methods to forecast future demand using past sales history are fading. 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. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process. To understand why this is a problem, stop and consider the effects of bad communication. MORE
Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance. 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. 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? Robotic Automation. MORE
In a world full of turmoil, change has become the new normal. New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. What can Supply Chain leaders do to mitigate the risks that these disruptions bring to the Supply Chain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to Supply Chain Network Design? Agility and Resilience. 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. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat. 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. In fact, the first social networking website, SixDegrees, which let people make profiles and connect with friends, wasn’t introduced until 1997. MORE
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.” MORE
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. 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. Humankind’s ongoing curiosity about space has countries competing to prove they have not only the technology, but also the resources and collective knowledge to go beyond our imagination. Accessing what’s beyond our globe has become an accepted source of socio-political promotion. 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, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.
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. 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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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. The index is recognized globally as the gold standard for corporate sustainability analysis, with rankings based on various key performance indicators – including environmental, social, financial and innovation capacity – but also, as of this year, on the sustainability value of a company’s products.
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? It’s easy to ignore all these as buzzwords, but that would be overlooking the genuine progress that has taken place over the past several decades. The days of simply using statistical methods to forecast future demand using past sales history are fading.
Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum
Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.
Supply Chain Shaman
SEPTEMBER 3, 2018
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.”
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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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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)
Kinaxis
MARCH 27, 2018
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.
OneSCM
JANUARY 16, 2018
If you want to minimize supplier risk and maximize end-to-end supply chain efficiencies, you must first understand how to make the right technology connections. When you think about supplier relationship management, do you think about how many phone calls, emails or other “communications” it takes to coordinate every last transaction to a tee? Or, do you consider the deeper scope of supplier management: the behind-the-scenes coordination it takes to onboard and collaborate with a single supplier?
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. Artificial Intelligence (AI) Automated Future Digital Supply Chain Logistics Supply Chain Management The Network Effect artificial intelligence logistics supply chain
Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey
Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.
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. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat.
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. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process. To understand why this is a problem, stop and consider the effects of bad communication.
Supply Chain Insights
JANUARY 18, 2018
I hate prediction articles. However, this morning over coffee, my fingers hunger to write this post. I am not sure why. It may be that I am growing tired of hubris and market hype. I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. I am often uncomfortable. Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition.
Logility
OCTOBER 25, 2018
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.
Advertiser: ZoomInfo
Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!
ToolsGroup
NOVEMBER 6, 2018
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. A sustainable growth opportunity. P&G operates one of the most vast, complex distribution networks on earth.
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. Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. The rain delays through the summer soured me on air travel. The sun is shining. The fall harvest—on either side of the road—bountiful.
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.
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. 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.
Advertisement
Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!
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. Humankind’s ongoing curiosity about space has countries competing to prove they have not only the technology, but also the resources and collective knowledge to go beyond our imagination. Accessing what’s beyond our globe has become an accepted source of socio-political promotion.
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. The problem is, if you are using more than one ERP to manage your many business processes, then you end up with inefficient processes due to the data silos created by each system. And, while necessary to managing operations, ERPs only complicate supplier management.
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. Blockchain Supply Chain Management Technology chain-of-custody networks smart contracts supply chain
AIMMS
MAY 22, 2018
In a world full of turmoil, change has become the new normal. New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. What can Supply Chain leaders do to mitigate the risks that these disruptions bring to the Supply Chain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to Supply Chain Network Design? Agility and Resilience.
Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS
This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.
SCM Research
FEBRUARY 19, 2018
Today I would like to talk about Supply Chain Coordination with Contracts , a chapter written by Cachon (2003). It has become the standard reference when it comes to teaching some key supply chain models. Coordination between the members of a supply chain is certainly very relevant but also challenging. Because the members of a supply chain are typically concerned with optimizing their own objectives, their actions might not lead to optimal supply chain performance.
Loftware
NOVEMBER 19, 2018
How many labeling systems do global companies have in operation? Labeling Logistics Standardization Supply Chain Manufacturing
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. In fact, the first social networking website, SixDegrees, which let people make profiles and connect with friends, wasn’t introduced until 1997.
ToolsGroup
APRIL 11, 2018
Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”.
Advertiser: ZoomInfo
Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.
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