2019

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

We finished dinner. I pressed my neatly folded napkin to my lips. As we waited for coffee, silence hung heavy in the air. My client writhed in her seat and hung her head as she asked, “I read your article on control towers, but I am confused. What is an easy definition? I am embarrassed to ask, but we were discussing the topic at our board meeting yesterday, and I must admit that we have more confusion than clarity.”. I smiled. For me, this type discussion is the norm.

Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media). The good news is that these characteristics make demand planning a perfect fit for artificial intelligence solutions.

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The Amazon Effect is the New Walmart Effect

GlobalTranz

In 1994, Amazon.com founder Jeff Bezos read a statistic that the Internet had been growing at 2300 percent annually. He fashioned that changing tide into a business plan that has been breaking barriers across supply chain and e-commerce that has left an indelible mark. But, is Amazon worried about the new “Walmart effect?” ” Beginning with.read More. The post The Amazon Effect is the New Walmart Effect appeared first on Transportation Management Company | Cerasis.

The Future of Food: 6 Ways IoT is Impacting Food Supply Chains

The Network Effect

The Internet of Things (IoT) is changing the way the world thinks about food. Consumers now have the option of. The post The Future of Food: 6 Ways IoT is Impacting Food Supply Chains appeared first on The Network Effect. Automated Future Big Data Digital Supply Chain Foodservice Internet of Things Supply Chain Management Technology food IoT

Food 198

Supply Chain Planning Value Matrix 2021

Holistically analyze your value chain for a resilient supply chain, even in times of crisis. Discover more about why the CCH® Tagetik Supply Chain Planning solution was named a leader in the Nucleus Research Supply Chain Planning Value Matrix 2021 report.

The Most Important Skills for Supply Chain Young Professionals

Talking Logistics

What skills and attributes will be the most important for supply chain young professionals to succeed moving forward? We asked members of our Indago research community that question back in April. Our community was relatively small at the time (18 supply chain and logistics executives), but they are all high-level leaders (more than a third. The post The Most Important Skills for Supply Chain Young Professionals appeared first on Talking Logistics with Adrian Gonzalez.

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5 Impacts of Autonomous Trucking on Supply Chains

GlobalTranz

The flying car of the future might still be out of reach, but autonomous trucking is moving quickly into view for many businesses. Trucks manned by technology, with no human drivers, are currently being tested around the globe. Companies have a vested interest in exploring how an autonomous fleet can help their business in the.read More. The post 5 Impacts of Autonomous Trucking on Supply Chains appeared first on Transportation Management Company | Cerasis.

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.

8 Risks to Avoid in Supply Chain Optimization

River Logic

Supply Optimization Advanced Analytics Supply Planning Supply Chain Optimization CPG

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.

Transforming Supply Chains for Higher Performance and Resiliency

Today, just 8% of companies have the digital maturity required to achieve resilience and mitigate supply chain disruptions, as per a new HBR Analytic Services - GEP study. What can enterprises do to accelerate digital transformation? Read the full report now to find out!

Supply Chain Wars: Episode V – The Corporation Strikes Back

Logility

The next episode in the Supply Chain Wars saga, Episode V – The Corporation Strikes Back is the second in a series of articles that follow a supply chain team’s efforts to improve their supply chain capabilities. The Star Wars movies have influenced generations of movie goers for the last 40 years, I being one of them. You could make the case that Supply Chain Management has grown up in the same 40 year period.

Why Amazon Prime Day Is More Important than Ever for Small Businesses

Freightos

Over the past 15 years Amazon has paved the way for SMBs to grow , frequently at the expense of other Big Box retailers, like Toys R’ Us, Sears, and A&F, that saw a ten year peak in square footage closings in 2018. With the Amazon marketplace, over one million US SMBs gain on-demand access to a global market.

Survey 219

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. The only thing that has increased are the costs.

How Barcode Printing Software Maximizes Supply Chain Efficiency

Loftware

Barcodes matter in today's supply chain. and tomorrow's. Logistics Supply Chain Track & Traceability Labeling

4 Reasons to Break Up With Excel and Move to Digital Supply Chain Planning

Trust your supply chain forecasts: adopt a predictive intelligence platform to outperform your supply chain goals, overcome challenges of spreadsheet-based planning, reduce risks, enhance customer satisfaction, and improve the bottom line.

Out-of-Stocks: Why do they Matter?

C3 Solutions

If you are in the business of selling physical products to customers, not being able to fulfill demand means your business is failing. It's a stark reality and one that is particularly frightening in today's omnichannel e-commerce environment. Part 1 and Part 2 of this series discussed the successful rise of omnichannel shopping in food and grocery - now see how it can affect the success of your brick and mortar.

10 Things About Omni Channel Supply Chain You May Not Have Known

River Logic

The supply chains of omni channel retailers operating brick-and-mortar and online stores need to simultaneously fulfill multiple, sometimes conflicting, requirements. Here are nine things you may not have known about an omni channel supply chain. Supply Chain Management Integrated Delivery Systems Supply Chain Supply Planning Supply Chain Optimization Omni Channel

How to Make Supply Chain Complexity Work to Your Advantage

ToolsGroup

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out how to navigate this uncertainty to deliver service profitably. Amazon sells more than 3 billion products through 11 different country marketplaces globally. In the U.S. alone, Amazon introduced 208 million new products in 2018 — most of which are slow movers, or ‘long-tail’ items.

Not All Digital Twins are Created Equal

DELMIA Quintiq

The concept of a digital twin has been around since 2002, first introduced by Dr. Michael Grieves as part of his research agenda at the University of Michigan. He had a vision that a Digital Twin could be created as a virtual representation of a physical product. Today’s technology, including the Internet of Things, advanced simulation, and highly sophisticated laser scanners, can now create a digital representation of almost any physical object. But, are all Digital Twins created equal?

Is Digital Procurement Transformation Delivering on the Promise?

Is your digital transformation working, or is it still a work in progress? Download this report, from a GEP-sponsored survey from ISM, to check your performance and see how your peers are reaching their transformation goals.

Breaking Down the Silos for Transportation Management and Route Planning and Execution

Descartes

One of the biggest opportunities to dramatically improve supply chain performance occurs when traditional supply chain functions are decomposed and reinvented as integrated business processes. Few supply chain practitioners would dispute that notion. However, when it comes to their technology strategy, too many practitioners end up deploying their transportation management system (TMS) or multiple systems in silos: outbound TL/LTL, parcel, inbound, international, etc.

Understanding Your Safety Stock Calculations

Demand Solutions

If you manufacture or distribute products, it's safe to assume that you have a specified safety stock level— or at least we certainly hope you do. If you're on the fence about whether or not to hold safety stock, we recommend reading up on why it's critical to overcoming variability in your supply chain. At this point, you may be saying to yourself, "but carrying excess inventory is expensive!" and you would be right.

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. The post Warehouse Safety: 5 Steps You Need To Take appeared first on Transportation Management Company | Cerasis.

Tackling Item Complexity

Supply Chain Shaman

Personalization. Market microsegmentation. New product launch. There are many good reasons to add items to product portfolios, but companies are better at adding than eliminating items. Discontinuing products is a struggle with tension between supply chain and marketing functions. Why is this an important topic? The lack of product rationalization results in the long tail of the supply chain with increasing complexity. Lumpy demand for product with low volume requires a supply chain redesign.

Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? It’s not a binary solution. Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory.

Why I Love Supply Chain Management

Logility

It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.

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.

How Logistics Is Proving that Amazon Needs to Be Regulated

Freightos

A version of this article originally appeared on JOC.com. . A few days ago, Amazon announced one day delivery plans. In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business.

Top 10 Predictions for Worldwide Supply Chains in 2020

Material Handling and Logistics

The supply chain has become a competitive weapon in the modern, digital economy

Rethinking Supply Chain Risk: New Threats Demand New Tools and Strategies

Companies like Bayer AG and Akamai coped with recent supply chain disruptions much better than their peers. What did they do differently? Read this new HBR – GEP report on new tools and strategies to mitigate supply chain risk.