Innovation strategy

Supply Chain Movement

Logistics service providers should innovate more,’ is a commonly heard complaint by shippers. This innovation-related discrepancy reared its head once again following an international study by Supply Chain Digest published earlier this year. 69 percent of the shippers surveyed said it was very important for logistics service providers to be innovative. But the logistics service providers are not the only cause of the innovation problem.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Innovators need to define business cases. Bottom line, we have stalled innovation in the supply chain planning market. The focus shift to solving problems and driving innovation needs to happen. Third Strategy. Fourth Strategy. May was a conference month.

Empowered Consumers Require Omnichannel Strategies

Enterra Insights

Steve Osburn ( @skosbu ), Managing Director at Kurt Salmon — a part of Accenture Strategy specializing in Supply Chain, observes, “E-commerce customers in the U.S. A recent study from Accenture Strategy found that 62 percent of U.S. To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” Omnichannel strategies can help meet consumer demands. Understand your business and customer strategy.

3 Reasons Continuous Innovation is Vital for Manufacturers, Shippers, and Businesses Alike

Cerasis

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. In fact, the annual ChainLink Research Study found innovation to be the top focus for those involved in the manufacturing community.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. We factor that into our recruiting strategy. An interview with Daniël van Gool at Peapod.

7 Innovative Warehouse Management Technologies to Adopt

Cerasis

The increasing demand for higher levels of performance and flexibility in warehouse robotics is stimulating some innovative product developments and early adoptions of mobile warehouse robotics. Innovative technology to consider is the use of a learning management system to train warehouse operators regularly. As more advanced technology is introduced for the warehousing and logistics sectors, it is up to warehouse managers and firms to stay updated on the latest innovations.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. We factor that into our recruiting strategy. An interview with Daniël van Gool at Peapod.

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

Retailers, of every shape and size, are faced with the threat: “Innovate or die.”. Recently, more of Wal-Mart’s eCommerce strategy has been revealed. Even though logistics is an undercurrent to those strategies, it’s secondary to keeping customers happy.

How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

Check out Supplier Collaboration is a Win-Win Strategy! The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Subscribe Here!

Why Companies Need a Supplier Relationship Management Strategy

Cerasis

The business landscape is ever changing, numerous innovations have allowed companies to transcend borders and become global entities. This advisory board is to serve as the first step towards a more comprehensive supplier policy and the building block for Raytheon’s new SRM strategy.

Insights from Ryder Innovate 2014

Talking Logistics

Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Talent Management as the Core of a Supply Chain Strategy.

Supply Chain Innovation: Responding to Change While Keeping An Eye On Fundamentals

Cerasis

Supply chain innovation and change are the driving forces behind today's modern supply chain, and, according to Nye Longman of Supply Chain Management , the rate of change isn't going too slow. Defining Supply Chain Innovation. Where does the future of the supply chain innovation rest?

Supply Chain Innovation: The Latest Gartner Supply Chain Predictions

ToolsGroup

For technology initiatives , Gartner analyst Steve Steutermann offered several imperatives for global execution, such as designing supply chains to accommodate innovation. He also echoed the need to formulate strategies that deliver customer value.

Increasing the return on innovation

Supply Chain Movement

Many CEOs regard new products as the engine for their business strategy, believes Oracle. “It’s It’s a case of innovate or die. Companies can fill their innovation pipeline with a steady stream of high-value ideas that can be translated into profitable offerings.

How Walmart Just Bested Amazon in the E-Commerce Channel Utilizing an Omnichannel Return Strategy

Cerasis

Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy.

A Fresh Take on Supply Chain Innovation

Supply Chain @ MIT

Venturing into unfamiliar territory offers a unique chance to innovate and make changes that benefit the business as a whole. One of PepsiCo’s growth strategies is to proactively adapt to emerging market trends for natural, healthy, and nutritious beverages.

10 Strategies for Improving Supplier Relationship Management (SRM)!

Supply Chain Game Changer

Supplier Collaboration is a Win-Win Strategy! In this article we are providing our list of 10 strategies for effective Supplier Relationship Management: Understand and Accommodate Supplier Interest. Leverage Supplier Capability and Innovative Capacities. Subscribe Here!

Logistics Hubs as Drivers of Innovation

Supply Chain @ MIT

For example, the Cluster Association of Innovative Logistics of Aragón (ALIA) in Spain was created by ZLC, the Aragón Institute of Technology, Aragón’s Council of Chambers of Commerce, and the Foreign Investment Office of the Government of Aragón.

Triple-A Supply Chain: 10 Strategies to Supercharge Performance

Supply Chain Opz

Triple-A Supply Chain: 10 Strategies to Supercharge Performance. In the past, companies focus on a single strategy, either to obtain cost leadership or differentiate your company in the eyes of consumers to demand the premium price. Then, lets take a look how other strategies emerge.

High-Performance Fulfillment: The 5-Point Guide to HPF Strategy

ModusLink Corporation

To meet these demands and stay competitive in their categories, companies are looking to supply chain innovation to optimize fulfillment. […]. The post High-Performance Fulfillment: The 5-Point Guide to HPF Strategy appeared first on Steel Connect.

Supply Chain Innovation: Plan or Perish in the “Cold Chain”

ToolsGroup

New demand planning software allowed the firm’s supply chain team to change from a one-size-fits-all channel strategy to modeling each channel according to its unique demand patterns, volumes and cold chain properties. Note: There will be no blog post next week due to summer holidays.

Defining and Implementing an Effective Transportation Strategy

Talking Logistics

An important component of that foundation is defining and implementing an effective transportation strategy – a topic that I discussed with Eric Meister, LeanLogistics’ former COO, in a follow-up episode. Here are some of the valuable insights that Eric shared regarding the path to building an effective transportation strategy: Q: An important component of that foundation is defining and implementing an effective transportation strategy.

A year of innovation ahead

Supply Chain Movement

2015 will see an increased focus on innovation by supply chain and logistics companies as the pace of change in the industry accelerates. E-commerce, of course, has created opportunities for logistics providers, as retailers develop multi-channel distribution strategies.

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

” Real-time data sharing will become more important then ever in driving quality improvements , but will hinge largely on the ability of organizations to build effective data governance strategies to control how data is managed and collected. This is how innovation ultimately occurs.

Supply Chain Innovation Technology: No Longer Just a “Build vs. Buy” Decision

Talking Logistics

Across every industry, IT strategy is now business strategy. In the past, companies could afford to be laggards, but the pace of change is so fast today, that waiting too long to innovate could put them so far behind the competition that they would never catch up. Innovation is not something that you start and stop; it’s something that you have to do continuously. Today, when it comes to supply chain innovation technology, it’s no longer just a build vs. buy decision.

Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. Supply chain risk management practice advises us to source additional suppliers and plan additional strategic inventories as mitigation strategies.

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Why Innovation Has to be More Than a Good Idea

Supply Chain @ MIT

Supply chain strategies often include some sort of commitment to innovation, but if the organization is not set up to be truly innovative it’s an empty promise. And the consequences can be severe if your competitors are doing more than paying lip service to innovation. Fulfilling the contract required a significant innovation effort. In other words, the rival’s supply chain strategy was more welcoming to innovation.

Lead Logistics Provider Capabilities Will Require Customized Innovation

NC State SCRC

These types of engagements, however, have the potential to create game-changing capabilities in the market if effectively tied to client’s business strategy and objectives. [1]

Expert Tips to Develop Your Logistics Strategy

The Logistics of Logistics

Developing a Better Logistics Strategy. As featured in Inbound Logistics , this article shares some experts’ tips about developing a winning logistics strategy. He explores the increasing importance of innovation and investing in a good supply chain management system and careful pre-planning to mitigate potential negative consequences from supply chain disruptions. The post Expert Tips to Develop Your Logistics Strategy appeared first on The Logistics of Logistics.

Holiday Sales Demonstrated Necessity of Omnichannel Strategies

Enterra Insights

” Omnichannel strategies begin with mobile. As Halford notes, a good omnichannel strategy means your customers can access your products anytime, from anywhere, with any device. ” If you’re still not convinced about the importance of having an omnichannel strategy, Lawson observes, “According to MasterCard, customers who shop both online and off with a specific retailer buy 250% more on average.

New Research Finds Customer Experience as Key Driver to Supply Chain Innovation

BluJay Solutions

BluJay and Adelante SCM team up on new research, revealing customer experience as key driver for modern supply chain logistics innovation. The post New Research Finds Customer Experience as Key Driver to Supply Chain Innovation appeared first on BluJay Solutions.

Supply Chain Innovation: The Path to Success!

Supply Chain Game Changer

Innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supply chain. A Blueprint for Successful Supply Chain Innovation. Subscribe Here! Email Address.

Start-ups, corporate or customers – Who is actually doing the innovation?

Supply Chain Movement

Guest post by Philip Diekhöner, Innovation Strategist & Author, Singapore and closing keynote speaker at the Exchainge conference (September 27th 2017 in Frankfurt). Large organisations have been mesmerised by the challenge of understanding where innovation comes from, but so far they have only really touched on how innovation is created, without an understanding of who will be doing the innovating. So, who is doing the innovating?

2018 EFT Global Logistics Report: Innovation and Technology Are Paving the Way Forward

Supply Chain Nation

This strategy has been replaced in 2018 with gaining more business from existing customers, through existing customers’ growth and innovation. Breaking the Innovation Trap. However, LSPs are still facing obstacles to innovation.

[PODCAST] Shippers Who Excel at Recruiting Talent Improve Innovation, Culture, & Service

Cerasis

Listen to “Shippers Who Excel at Recruiting Talent Have More Innovation & Improve Customer Service” on Spreaker. Innovation & Strategy Resources for Shippers. The post [PODCAST] Shippers Who Excel at Recruiting Talent Improve Innovation, Culture, & Service appeared first on Transportation Management Company | Cerasis. Hello and welcome back to another episode of “The Freight Project Podcast!”