The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. Business model strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. Yes, Artificial Intelligence (AI) is new. Opportunities Abound.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 217

ToolsGroup

APRIL 27, 2022

For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. And we know they are necessary for innovation. In addition to losing the innovative ideas (and passion!) Employees that have extensive computer usage must take out a few moments each day to carry out neck and eye exercises.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Logility

OCTOBER 1, 2021

Technologies that automate and accelerate this entire exercise help ensure forecasting and decision-making deliver this requirement, opening the door to a continuous cycle of integrated business planning. For example, waste is a massive issue that has received substantial public attention. billion tons. Plus, it saved US$4.2

Scenario Planning 130

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Network Software 130

SCMDOJO

JANUARY 12, 2024

Innovative Teaching for Uncommon Subjects Interactive Online Platforms Advanced e-learning platforms are transforming the way uncommon subjects are taught. Gamified Learning Challenges Incorporating gamified learning challenges is an innovative way to teach uncommon subjects, such as quantum computing or archaeoastronomy.

Supply Chain Network Software 70

Supply Chain Network Software Supply Chain Planning Software Modeling Software Demand Planning Software 70

Enterra Insights

DECEMBER 14, 2020

.” Challenges, old and new, are often overcome through innovative thinking and action. Ten types of innovation. For an idea to be called an innovation, it must be actualized. My preferred definition of innovation is contained in the innovation formula, which is: innovation = new x valuable x realized.

Innovation 140

Innovation Prescriptive Analytics Software Modeling Modeling Software 140

SCMDOJO

JANUARY 23, 2023

It includes real-world examples from companies like Amazon and Starbucks, case study discussion questions, computer-assisted exercises, and programming projects, making it an ideal choice for anyone looking to learn about supply chain management and the analytics involved.

Prescriptive Analytics Software 124

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 124

NC State SCRC

JANUARY 16, 2024

She added that the “DoD’s first-ever National Defense Industrial Strategy will help ensure we build the modern defense industrial and innovation ecosystem that’s required to defend America, our allies and partners, and our interests in the 21st century.”

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Logistics Viewpoints

SEPTEMBER 7, 2022

The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. And total value includes the dimensions of quality, driving innovation in the supply base, and risk. But I was skeptical.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

SYSPRO Smarter ERP

AUGUST 22, 2022

With the volatile markets, offshore price cutting and increasing customer demands for quality, speed and customization, metal fabricators have had to become more innovative and adopt technology solutions to maintain competitive advantage. Challenge: Meeting unique customer requirements.

Supply Chain Design Software 105

Supply Chain Design Software Demand Planning Software Optimization Software Manufacturing Procurement 105

Talking Logistics

DECEMBER 11, 2014

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. When I worked at Polaroid, for example, some of us were concerned about the emergence of digital cameras and what it would do to instant photography. as of this morning — a lower price than 5 years ago!

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

BlueYonder

JANUARY 8, 2024

This current complexity represents the culmination of decades of supply chain evolution, aligning with new innovations, changing customer expectations and a growing understanding of environmental concerns. For example, calculating carbon output and fuel cost savings of transport options, including not just the route but the vehicle itself.

Optimal Sourcing 82

Optimal Sourcing Modeling Waste Reduction Supply Chain Planning Software 82

Enterra Insights

JANUARY 25, 2024

For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. Five years later, the United Senate also recognized 28 January as National Data Privacy Day. Data Privacy Day is now celebrated internationally on 28 January.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Logistics Viewpoints

SEPTEMBER 4, 2023

Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. They learned that Emerge could do more, they had an innovative freight procurement solution. A lane involves a specific origin and destination. This made the data analysis easier. “The

Procurement Solutions 204

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 204

QAD

JULY 9, 2020

Instead, companies and organizations look for innovative technologies and methodologies to build on their existing frameworks to help them adapt as necessary. One example is the electric car. Rather than help them survive, such a strategy would doom the organization to failure.

Resource Reduction 109

Resource Reduction Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 109

Talking Logistics

NOVEMBER 10, 2015

Kristi Montgomery, VP at Kenco Innovation Labs , on logistics innovation trends. For example, reduce maximum weight from 50 lbs to 35 lbs. One of my predictions for this year was that more companies will treat Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise.

Supply Chain Design Software 100

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Software 100

DiManEx

DECEMBER 3, 2020

Last month, we participated in the AM for Defense Conference , a virtual event which offered a window into the innovative uses of Additive Manufacturing in the defense industry. An example of this is how “latency” is solved in traditional supply chains by stocking up warehouses. But perhaps the most important one is change management.

Manufacturing Procurement 81

Manufacturing Procurement Warehousing Case Study Procurement Analytics 81

Proxima

MAY 15, 2020

One popular movement that provides a good example is the pursuit of resilience and, in particular, the pursuit of resilience in the face of low-cost country sourcing, or low-cost complex supply chains. Embrace Innovation to unlock new sustainable value. It’s not a one-off exercise. Possibly not. Prompt Payment Code c.

Supply Chain Design Software 94

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Sustainability 94

Supply Chain Trend

OCTOBER 25, 2023

This enormous automation gap in supply chain planning and execution is starting to be addressed by innovators and early adopters. Data collection, planning, reporting and the creation of decks and recommendations, is still largely a manual, and cumbersome, exercise for planners.

Supply Chain Planning Software 88

Supply Chain Planning Software Negotiating Skills Supply Chain Software Modeling 88

Arkieva

MAY 26, 2016

When embarking on a customer product segmentation exercise, keep in mind the following pitfalls. But even if you have a top-class customer segmentation, for example, it won’t help you draw up a good production schedule. If sales employees do not back the exercise, it will never work. Segmentation is a strategic exercise.

Price Reduction 62

Price Reduction Exercises Eliminating Excel in Purchasing Forecasting 62

ivalua

SEPTEMBER 19, 2022

For example, nearly half (43.9%) of CPOs responding to a recent survey by Ardent Partners indicated that they do not know what percent of their suppliers are high risk. Too often, the process is distilled down to a “check the box” exercise on individual suppliers. Rather than disrupt supply, let’s disrupt supplier management.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Talking Logistics

JANUARY 11, 2019

In five years, which technologies will have delivered the most supply chain innovation benefits? Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, 2018. Finds a Faulty Shipping Safety Net for Brexit (WSJ – sub. Robots in the Warehouse.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Optimization Software 101

Material Handling & Logistics

DECEMBER 14, 2018

Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. Algorithms can help supply chain professionals and their colleagues in other departments identify new opportunities to improve efficiency and innovate processes.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Adexa

APRIL 29, 2020

We continue to expand and provide our innovative solutions to both industry and government authorities for not just healthcare but also for state of readiness in urgent situations that require deployment of many different agencies and forces that need to come together. The Solution.

Supply Chain Planning Software 98

Supply Chain Planning Software Modeling Supply Chain Planning Scenario Planning 98

Supply Chain Collaborator

APRIL 18, 2017

For example, what good is it to schedule shipment pickups or deliveries if, when the carrier arrives, he finds a line of others waiting to load/unload; or worse, a yard altogether closed? Why is scheduling of shipments so frequently an exercise in frustration and waste? And what can be done to improve the current state of affairs?

Supply Chain Planning Software 69

Supply Chain Planning Software Exercises Supply Chain Planning Scenario Planning 69

QAD

JULY 9, 2020

Instead, companies and organizations look for innovative technologies and methodologies to build on their existing frameworks to help them adapt as necessary. One example is the electric car. Rather than help them survive, such a strategy would doom the organization to failure.

Resource Reduction 59

Resource Reduction Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 59

ModusLink Corporation

MARCH 9, 2022

Traditionally, inventory counts were a complex exercise done manually about once a year but RFDI technology enables retailers such as Macy’s to monitor stock monthly bringing accuracy from 60% to over 90%. 5 Examples of Innovative Uses for RFID Technology in Retail. Aliakbarian. 2019, February 20). 2017, June 28). BioSpectrum.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Supply Chain View from the Field

AUGUST 1, 2013

The customer is able to speak directly with the company, and the company in turn is able to publicly exercise their great customer service for all to see, and to advertise promotions to attract new business. Take Sourcemap for example, a company which allows both clients and colleagues access to supply chain information.

Supply Chain Network Software 128

Supply Chain Network Software Supply Chain Software Analytics Software Logistics Network Optimization Software 128

Supply Chain Matters

JULY 18, 2022

We reiterated our belief that innovative supply chain tech and services companies will continue to find opportunities to leverage their technology and services deployments. We noted to readers that we would highlight and share what we deem as specific examples.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Analytics 52

GlobalTranz

JUNE 22, 2016

James and Curry have come to dominate the NBA in two very different ways, and in doing so embody two very different types of innovation. Most teams win—and most players succeed—through a series of incremental innovations that provide continuous, but gradual improvement. Imagine an NBA team like a product.

Innovation 130

Innovation St. Louis Buyer Training South Carolina 130

HICX Solutions

JULY 26, 2021

She adds, “You’ve gone through an intellectual exercise for Procurement, a good governance exercise, but nothing to help the business. In the webinar, Costas provides an example. “If This means we’re actually allowing and creating an environment where innovation can happen.”. Skill sets required.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Supply Chain Network Software Modeling Software 96

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). As I’ve argued before, software alone is not enough to enable supply chain processes and innovation.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Proxima

JULY 26, 2023

An example of this would be Apple, having invested two decades of know-how into Apple City in China and building up an extended supply chain of over 1 million workers; it is implausible that Apple could lift and or shift quickly or without consequence. Another example of supply chain complexity would be raw materials availability.

Vendor Strategies 52

Vendor Strategies Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Bureau

OCTOBER 19, 2020

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Enterra Insights

JUNE 18, 2019

Michael Wilson, AFFLINK’S Vice President of Marketing and Communications, insists, “Blockchain is well on its way to be the next big thing in supply chain innovation.”[4] ”[5] These few examples should convince you that blockchain technology is a good match for supply chain operations. Omnitude, 2018. [4]

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Optimal Sourcing Supply Chain 100

The Network Effect

MARCH 12, 2015

You have thousands of options for navigating, communicating, playing games, tracking your sleep and exercise, etc. As you’ll see, this leads to incredibly innovative outcomes, such as a cloud platform for commercial supply chains being used to rapidly develop applications for the U.S. Marine Corps and the healthcare industry.

Supply Chain Network Software 100

Supply Chain Network Software Supply Chain Software Software Gartner 100

Elementum

JUNE 28, 2022

With a distributed ledger, it ’ d be possible to track food (for one example) all the way back to the farm, to make sure it is being produced and transported safely. You know, we have a special budget for blockchain innovation. Perhaps we were lucky that we didn’t have the technical capabilities to be innovators in the space.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Price Reduction 78