Adelante SCM and PINC Launch the First Annual State of Yard Management Report

PINC

Union City, CA – October 7 th , 2020 – Researched and prepared by Adelante SCM’s analyst Adrian Gonzalez and presented by PINC, the publication’s 2020 theme is The Impact Of Digital Yard Management on Enterprise Transportation Costs and Capacity.

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What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

The term was coined over 35 years ago but still to this day there are a large number of different definitions of SCM. To someone who is starting out their career, or who is new to the field of Supply Chain, it is understandable that there may be confusion as to the definition of SCM. Are they really that different or are there just subtle nuances in what some people consider SCM that others do not? The post What is Supply Chain Management (SCM)? Subscribe Here!

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Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage. Inventory is both. Inventory management is a complex subject.

Cloud Supply Chain Management: SCM’s Head is in the Clouds…and For Good Reason

Cerasis

Concerning Oracle’s new improvements in the SCM cloud, user accessibility and ease-of-access will further drive adoption rates of cloud-based solutions, particularly TMS solutions. However, most supply chain companies have historically only used a TMS when the company had more than $20 million in freight spend. The next step for the use of cloud supply chain management in the industry will focus more on operations’ planning and inventory management.

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What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM systems tie together and define a plethora of business processes and enable the flow of information between them – in essence SCM is the new business operating model. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. SCM involves the flow of materials, finances and information.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Subscribe Here! Email Address.

The Target Canada Story and the Brand Impact of the Supply Chain!

Supply Chain Game Changer

The result impacted every other downstream business process from placing purchase orders with suppliers to having accurate inventory visibility to sending fulfillment signals to their Distribution Centres to forecasting and replenishing store inventory levels. Target #SupplyChain #SCM #Business #Retail. Freight and Logistics Inventory Management Retail Supply Chain Supply Chain Management Business Retail SCM supplychain TargetSubscribe Here!

Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Picture an airport control tower, but for supply chain management: staffed 24/7, full of large screens full of 3d graphical representations of potential bottlenecks and inventory shortfalls all the way from order to delivery. SCM #SupplyChain #technology #automation #IoT #AI #digital. Freight and Logistics Guest Blog Post Procurement Supply Chain Management Technology AI Automation Digital IoT SCM supplychainSubscribe Here! Email Address.

Supply Chain Predictions!

Supply Chain Game Changer

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Kuebix TMS offers full tracking and visibility of your freight expense down to the SKU level across every mode and along every step of its journey. SCM #SupplyChain #Business #Leadership #Logistics #Distribution #ECommerce #Retail #Freight #TMS.

Gartner’s 2018 Top 25 Supply Chains List! Is it Still Relevant?

Supply Chain Game Changer

Inventory Turns 3. (10%). Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns. Further an Inventory turn of 1.0 combined with an Inventory turn of 1.2 Inventory Turns: 2017 cost of goods sold/2017 quarterly average inventory. Check out Blockchain: The Technology Reshaping SCM!

5 E-Commerce Order Fulfillment Choices!

Supply Chain Game Changer

Clients can remotely handle their inventory and make informed decisions based on their consumers purchasing behaviour. Some of the features include issues on inventory, and real-time reports on the products. Only pay when they receive your inventory, for storing your goods, and when they send it out. One of the unique characteristics of Fulfillify is that it allows the client to monitor orders and inventories in real time. Subscribe Here! Email Address.

What is the Best E-Commerce Order Fulfillment Service for You? Amazon FBA or 3PL?

Supply Chain Game Changer

With Multi-Channel Fulfillment , you can fulfill orders from other sales channels using your inventory stored in Amazon order fulfillment centers. Single-source your inventory to streamline your fulfillment operations, manage your inventory through an online user interface and can direct Amazon to return your inventory in e-commerce fulfillment centers at any time. SCM #SupplyChain #Amazon #Freight #Logistics #Business #Leadership #ECommerce #Omnichannel.

Are You on the Supply Chain Naughty List or the Nice List this Year?

Supply Chain Game Changer

A data entry error somewhere along the way overstates your inventory on a part which you find out when you go to get the part on a warehouse shelf and its not there. supplychainmanagement #logistics #freight #procurement #purchasing #SCM. Freight and Logistics Human Resources Procurement Supply Chain Management Freight Logistics Purchasing SCM supplychainmanagementSubscribe Here! Email Address.

Last Mile Delivery! What is your Strategy?

Supply Chain Game Changer

There will be more work required to manage these partners and your inventory and orders across their myriad locations. But beyond trying to physically position your inventory across the geographies you choose to serve do you have other options? B2C #ECommerce #Omnichannel #SupplyChain #SCM. E-Commerce Freight and Logistics Omnichannel Retail Supply Chain Supply Chain Management B2C ECommerce SCM supplychainSubscribe Here! Email Address.

Challenges in the Cannabis Supply Chain!

Supply Chain Game Changer

In lots of growing cannabis companies, purchasing and inventory are still done on an ad-hoc basis. Spend Matters outlines how lots of growing cannabis businesses conduct inventory management and procurement using fax, emails, and spreadsheets instead of more sophisticated supply chain software. SCM #SupplyChain #Cannabis #Retail #Marijuana. Freight and Logistics Guest Blog Post Retail Supply Chain Supply Chain Management Cannabis Marijuana Retail SCM supplychain

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

What is Supply Chain Management (SCM)? “Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. Freight and Logistics Human Resources Inventory Management Procurement Reverse Logistics Supply Chain Management jobs LogisticsSubscribe Here! Email Address.

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket. Inadequate planning and execution resulted in excess and obsolete inventory and poor utilization of warehouse space. Subscribe Here!

Commodity (or Category) Management – What is your Buying Strategy?

Supply Chain Game Changer

This also includes strategies regarding the movement of materials, inventory, cash cycle management, and understanding and setting trends and direction. Inventory levels – days of supply, rapid replenishment capabilities, upside/downside flexibility levels. Procurement #Strategy #SupplyChain #SCM #Purchasing. Freight and Logistics Procurement Supply Chain Management Purchasing SCM Strategy supplychainSubscribe Here! Email Address.

Inspirational Supply Chain Quotes

Supply Chain Game Changer

Bottlenecks govern both throughput and inventory.” ~ Eliyahu M. Quotes #Leadership #SupplyChain #supplychainmanagement #scm. Freight and Logistics Guest Blog Post Procurement Supply Chain Management Leadership Quotes SCM supplychain supplychainmanagementSubscribe Here! Email Address. Article originally published and provided by [link]. Check out Inspiring Olympic Quotes! “If

Space Planning: Could You Run Out of Space in Your Warehouse too?

Supply Chain Game Changer

For excess inventory that was not needed for initial replenishment and product availability we would keep goods in trailers in the parking lot. Omnichannel #Retail #SupplyChain #SCM #ECommerce #Distribution #Logistics. E-Commerce Freight and Logistics Omnichannel Retail Supply Chain Supply Chain Management Distribution ECommerce Logistics Retail SCM supplychainSubscribe Here! Email Address. Check out What’s the Difference Between Logistics and Distribution?

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The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The links between these nodes are the freight, transportation and logistics players who move the goods throughout the Supply Chain. The processes, and the decisions that are made in managing those activities include Component selection, Supplier selection, Network creation, Node location planning, delivery requirements, and inventory levels amongst many other elements. Additionally there should be aggressive management of freight modes. Subscribe Here! Email Address.

Space Planning: Could You Run Out of Space in Your Warehouse too?

Supply Chain Game Changer

For excess inventory that was not needed for initial replenishment and product availability we would keep goods in trailers in the parking lot. Omnichannel #Retail #SupplyChain #SCM #ECommerce #Distribution #Logistics. E-Commerce Freight and Logistics Omnichannel Retail Supply Chain Supply Chain Management Warehouse Management Distribution ECommerce Logistics Retail SCM supplychainSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

The idea of tubes whisking freight across the land at near-supersonic speeds smacks of an old-school image of the future. The fact that the CEO of the company leading the Hyperloop charge is committed to it being a freight transportation technology first, is pretty telling in our eyes: obviously, if it can ship freight, the Hyperloop project might have tremendous implications for the Supply Chain field, which (in large part) focuses on the efficient movement of material goods.

Supply Chain Personified! The Link Between Your Company Silos!

Supply Chain Game Changer

The procurement of materials and goods and services, and the timing of this procurement, payment terms with suppliers, and the buildup and disposition of inventory all dramatically impact the amount of cash that a company has and uses. The management of the Sales, Inventory and Operations Planning (SIOP) process within a company dictates the entire tactical and strategic planning of resources at all levels. Procurement #SCM #SupplyChain #HumanResources #Business #Leadership.

To DC Or Not To DC? That is the Warehouse Design Question!

Supply Chain Game Changer

The cost of adding a Distribution Centre in terms of capital expenditure, operating costs, inventory breakage, systems, and organizational support can be extensive. ECommerce #Fulfillment #SupplyChain #Logistics #Distribution #Retail #SCM. E-Commerce Freight and Logistics Retail Supply Chain Supply Chain Management Warehouse Management Distribution ECommerce Fulfillment Logistics Retail SCM supplychainSubscribe Here! Email Address.

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To DC Or Not To DC? That is the Warehousing Design Question!

Supply Chain Game Changer

The cost of adding a Distribution Centre in terms of capital expenditure, operating costs, inventory breakage, systems, and organizational support can be extensive. ECommerce #Fulfillment #SupplyChain #Logistics #Distribution #Retail #SCM. E-Commerce Freight and Logistics Retail Supply Chain Supply Chain Management Distribution ECommerce Fulfillment Logistics Retail SCM supplychainSubscribe Here! Email Address. Check out 5 E-Commerce Order Fulfillment Choices!

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A Comprehensive Warehouse Safety Guide!

Supply Chain Game Changer

Checklists are more than an inventory control or systems management document. A checklist helps you monitor PPE condition, suitability and inventory, and it lets you know when PPE needs replacing, maintaining or upgrading. SCM #SupplyChain #logistics #distribution #warehousing #supplychainmanagement #safety. Freight and Logistics Guest Blog Post Human Resources Supply Chain Management Distribution Logistics safety SCM supplychain supplychainmanagement warehousing

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.”

The Supply Chain Detective™! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes. Cash constraints, and borrowing money to fund operations and finance inventory. late deliveries, low inventory turnover, large write-offs, uncompetitive material costs, …). Subscribe Here! Email Address.

Supply Chain Innovation: The Path to Success!

Supply Chain Game Changer

In this Inbound Logistics article , Kenco, a leading third-party logistics company, delivers innovation around inventory tracking in partnership with their customer – sharing the risk and cost of a proof of concept three ways with the vendor to quickly prototype a solution in a low-risk, low-cost manner prior to full implementation. SCM #SupplyChain #Freight #Logistics #Future #Technology #Leadership. Subscribe Here! Email Address.

Omni-channel vs Multi-channel: How many E-Commerce Fulfillment Solutions do you have?

Supply Chain Game Changer

In “Buy Online Pick up in Store” customers can get their orders filled from store inventory by store personnel. If there are any inventory count discrepancies, or another customer already has the item in their physical shopping cart, the order may need to be re-routed. Omnichannel #ECommerce #Retail #SupplyChain #SCM. E-Commerce Freight and Logistics Omnichannel Retail Supply Chain Supply Chain Management ECommerce Retail SCM supplychain

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Streamline your Entire Distribution Centre or Warehouse at One Time!

Supply Chain Game Changer

They were going to take the Holistic approach (see our Blog Inventory Turnover Breakthrough (Part 1) … Go Back To The Basics! Lean #SupplyChain #ProcessExcellence #SCM #Logistics #Distribution. Business Process Optimization Freight and Logistics Lean Process Improvement Supply Chain Management Distribution Lean Logistics ProcessExcellence SCM supplychainSubscribe Here! Email Address.

Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

ERP systems, Financial and Planning Systems, Order Management activities, Supplier Management Systems, Inventory Controls, and Distribution activities all have as their user interface a screen of some kind. I have operated fork trucks, physically counted inventory part by part, helped install warehouse racking and manufacturing machines and processes, walked up and down warehouse aisles and through processing operations. Subscribe Here! Email Address.

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The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Rather than subjective guesswork, this method allows freight forwarders to predict if the average daily transit time is expected to rise or fall up to a week in advance. Such insights are incredibly valuable in a sector like air freight, where it accounts for only 1 percent of global trade in terms of tonnage but 35 percent in terms of value. Subscribe Here!