2019

article thumbnail

Intelligence…Sometimes Artificial

AIMMS

When it comes to intelligence in decision making, it’s our differences in experiences and attitudes that make our businesses evolve in a diverse manner. There are often many ways to solve a problem. The path we take can be an expression of our human creativity. This ingenuity is precisely why Artificial Intelligence alone is unlikely to help us break out and take supply chain decision making to the next level.

Modeling 301
article thumbnail

How Does a Digital Transformation Apply to Supply Chain Planning?

Logistics Viewpoints

What is Digital Transformation? A digital transformation requires that companies transform their decision-making processes with technology to enhance customer experience and employee productivity and ultimately improve business performance. Technologies such as artificial intelligence, machine learning, Internet of Things, and virtual reality can aid in this transformation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

by Bill DuBois The life sciences supply chain starts with a miracle. Is there a more challenging industry than life sciences? In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials. One in twenty. A rate that hasn’t increased in over a decade.

article thumbnail

Warehouse Safety: 5 Steps You Need To Take

GlobalTranz

Warehouse businesses thrive where there is orderliness. They also do well when employees are safe. Unfortunately, accidents can happen in a matter of seconds leading to injuries and even fatalities. The US Bureau of Labor Statistics reports that there is an average of 16 fatalities yearly in the warehousing and storage industry and an injury.read More.

article thumbnail

4 Ways To Drive Supply Chain Excellence in the Food Industry

The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

article thumbnail

5 ways traceability technologies can lead to a safer, more sustainable world

Supply Chain Brief Submitted Articles

Intelligent supply chains can track, trace and authenticate everything from coffee beans to catheters.

More Trending

article thumbnail

How Effective Fixed Asset Management Contributes to Profitability

QAD

Fixed Assets and Accounting: Much More than a ‘Nice to Have’. Honestly, fixed asset management and the related accounting is a rather dry subject – unless you are a CEO, CFO, COO, VP of Finance, VP of Manufacturing or Fixed Asset Manager at a manufacturing company. While often overlooked, if something goes wrong; if fixed assets are stolen, unused, improperly maintained or inaccurately accounted for, the negative business impact can be enormous.

article thumbnail

Chinese New Year Shutdown 2020: How to Prepare

ShipBob

The Chinese New Year (abbreviated as CNY) in the United States is often nothing more than a blip on the radar. For some Americans, the holiday comes and goes without them even noticing. In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal.

How To 136
article thumbnail

A Look at Some of the Biggest Trends in Shipping and Logistics

Shipchain

Nowadays, evolving technology can dramatically change the way society functions. I can still remember my very first cellphone. The most high-tech things it could do were make phone calls and send text messages, all hand-crafted in T9 of course. Fast forward fifteen years and now my cellphone also doubles as my HD camera, portable music device, library, fitness tracker, and of course, my means to call and text.

article thumbnail

What Supply Chain Transparency Really Means

Sourcemap

By Alexis Bateman and Leonardo Bonanni In this article, we offer some clarity on the meaning of supply chain transparency and guidelines to map and extend progress. The recommendations derive from the experience shared by dozens of companies up and down the supply chain across industries of all sizes over the last decade with MIT Sustainable Supply Chains, an initiative based at the MIT Center for Transportation and Logistics; Sourcemap, a provider of supply-chain-transparency solutions; and ong

article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

It’s time to start looking ahead again. Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?

article thumbnail

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

Heineken is one of the world’s best-known beers. But for HEINEKEN International, the famed lager is only one of its products. The company owns more than 165 breweries around the world. It operates in 70 countries with a workforce of 80,000, producing over 300 specialty beers and ciders at international, regional and local levels. Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years.

Modeling 293
article thumbnail

Dropshipping Is Helping to Meet eCommerce Demands

Material Handling & Logistics

A new study from the Center for Supply Chain Research at Lehigh University shows that retailers are expanding their virtual inventory without incurring additional carrying and fulfillment costs by utilizing dropship programs

Meeting 110
article thumbnail

Supply chain gender gap the topic of focus at MIT event

Kinaxis

by Leah McGuire Leah McGuire, Kerry Currier and Francini Ortiz at the 2019 MIT Center for Transportation and Logistics Women in Supply Chain Summit, where the gender gap in supply chain was the topic of focus. Joined by Kinaxis colleagues Kerry Currier and Francini Ortiz on a crisp, sunny morning at the end of March, we marveled at the cool light display of Converse shoes in the lobby of the Converse building in downtown Boston as we checked in as attendees and panelists to the inaugural MIT Ce

article thumbnail

Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

article thumbnail

Six Steps to a More Ethical and Sustainable Supply Chain

Supply Chain Brain

Consumers are more conscientious about their purchases than ever before. They expect organizations to meet a certain set of ethical standards, and supply chains aren’t exempt from scrutiny.

article thumbnail

Attack That Sneaky Hidden Cost in Your Supply Chain: Reusable Packaging

Supply Chain Brief Submitted Articles

Know how you can use BeeBeacons to calculate what your supply chain assets inefficiencies cost, and how you can reduce losses from the lost pallets

article thumbnail

Optimizing Transportation Management with an ERP Integration with NetSuite

Kuebix

Supply chains are getting leaner, faster and more efficient every year. In order to keep up with rising customer expectations, increasingly complicated shipping processes and growing business, many shippers are turning to ERP integrations to give them a leg up on the competition. Integrating a transportation management system (TMS) like Kuebix TMS with an ERP […].

article thumbnail

Real-time Information Increasingly Important for Manufacturers

QAD

Digital transformation strategies are delivering more responsive solutions and real-time information to change the way organizations operate. Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. In one example, Seth highlights Wall Street financial activity happening in milliseconds, requiring financial firms to pay tens of millions of dollars for fiber-optic cable access.

article thumbnail

How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

article thumbnail

From Idea to Reality: Navigating New Product Introduction (NPI)

Dragon Innovation

Your company has gone from idea to prototype to the precipice of production. In short, your new product is getting ready to be introduced to the world. Congratulations!

Company 109
article thumbnail

How Blockchain in the Supply Chain will Empower Supply Chain Management

Shipchain

What is Supply Chain? Supply chain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Think from manufacturing to consumer, and every single step in between. Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer.

article thumbnail

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? (Video). When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on.

article thumbnail

6 Warehouse Management Best Practices For Your Supply Chain | SCJ

SCJunction

Your warehouse is the heart of your business. When it’s operating at peak productivity levels, it reduces costs, increases profits and keeps your customers delighted. Here are six things you can do to achieve operational excellence in your supply chain.

article thumbnail

The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

article thumbnail

Tata Steel Makes Strides Towards an Autonomous Supply Chain Powered by Optimization Technology

AIMMS

Tata Steel is one of the world’s largest steel producers. In fact, it’s very likely that Tata Steel plays a role in your life today, by providing raw material for the car you drive, the house you live in and the roads you drive through. The company was established in India as Asia’s first integrated private steel company in 1907. Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country.

article thumbnail

Small Manufacturers Play Critical Role in Securing the Supply Chain

Material Handling & Logistics

While 75% of manufacturing companies have a program to promote cybersecurity awareness, only 37% believe that their programs are very to completely effective. Though the manufacturing sector does not attract the sheer volume of total cyberattacks as other areas of the economy, research has shown that coordinated cyber espionage targets manufacturing more than any other sector.

Security 107
article thumbnail

Regaining control: Inventory management best practices (Part four)

Kinaxis

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced. This isn’t because the ERP system is flawed. Further investigation reveals that external forces—controllable forces—exert influence upon the system, skewing data to a point at which it becomes unrelia

article thumbnail

3 Critical Steps to Up Ecommerce Delivery Performance in 2020

Multichannel Merchant

From the Amazons and Alibabas of the world, to B2B suppliers like Grainger and Readerlink, to other niche and specialty suppliers and retailers, delivery is a crucial component of any ecommerce company’s success. On Black Friday alone, retailers chalked up a record $7.4 billion in ecommerce sales this year, eclipsing last year’s number. And as we begin a new decade, ecommerce companies that hope to stay ahead of the competition need to be up to the challenge of ever-intensifying customer demands

article thumbnail

What Makes a Warehouse Worker Happy?

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

article thumbnail

IBM Watson Intelligent Supply Chain Workshop Brings Executives Together to Share Thoughts on Deployment

NC State SCRC

On January 29th, the NC State Supply Chain Resource Cooperative held a one-day workshop, bringing together executives representing a number of industries, including Lenovo, UPS, Duke Energy, Toshiba, Caterpillar, YUM Brands, American Red Cross, MetLife, and IBM, to compare notes on how the digital transformation is occurring within their organizations.

article thumbnail

Artificial Intelligence, Machine Learning, and Predictive Analytics in the Supply Chain

Kuebix

The world of transportation and logistics management looks completely different than it did even 50 years ago. Gone are the days of pen and paper and jotting down haphazard notes when on the telephone with a carrier booking freight. Now, technology is now ruling supreme. With the advent of advanced cloud-based transportation management systems, there […].

article thumbnail

Climate Change will Drive Manufacturing Innovation

QAD

The world is getting warmer. Severe weather events are becoming more frequent and intense. Climate change pressure is building for governments, businesses and individuals to “do something.”. Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly.