Cerasis

NOVEMBER 9, 2016

The era of paper-based systems and physically monitoring the supply chain is ending. In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. In fact, your presence on this website alone indicates use of the industrial internet of things today, but the opportunities are limitless.

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Internet of things Manufacturing Industrial Industry 256

Logistics Bureau

MARCH 5, 2018

Internet plays a key role in connecting native digital items like PCs, IT servers, smartphones, and software applications. However, the things to hook up now include physical assets from an analogue world. Machinery, vehicles, mechanical devices, actuators, gauges, sensors, and other things are non-digital. They cannot connect directly to the all-digital Internet. That’s where the Internet of Things or IoT comes in.

Internet of things 58

Internet of things Security Data Third Party Logistics 58

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! 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. Conversely, slowing down the supply chain is at the root of everything that is bad: working capital write-offs, reduced profitability, and slowing revenues.”. Subscribe Here! Email Address.

Internet of things 53

Internet of things Predictive Analytics Analytics Supply Chain 53

Supply Chain Game Changer

NOVEMBER 21, 2018

I found this out during my first job out of college. I started my industrial engineering career in a hot Southeastern ambient distribution center (DC) where innovation consisted of adding conveyor and sorters at several hundred dollars per FOOT! I will go into more detail about some of his past experiences with engineers coming in to support operations at a later time. Frankly, I was blown away by how many cases were received and shipped out. Subscribe Here!

DC 70

DC Internet of things Supply Chain Report 70

NC State SCRC

DECEMBER 14, 2016

On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo is $45B in sales, with 55,000 employees in over 160 countries, and was named one of the top 100 best global brands. Managing inventory cost is always an issue, and it is often driven by a number of factors.

Internet of things 55

Internet of things KPI Supply Chain Inventory 55

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”. Many of these principles became the foundation for consulting practices at Accenture, Deloitte, Booz Allen, and others. Leveraging and strategic sourcing has gotten in the way of that.

Internet of things 52

Internet of things Michigan Groups Benchmarking 52

Cerasis

FEBRUARY 20, 2018

In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. The short answer is: not a heck of a lot! However, logistics focuses expressly on the movement and storage of products, while the supply chain goes into deeper detail, including manufacturing processes, procurement, and the flow of goods.

Trends 210

Trends Logistics eBook Internet of things 210

Supply Chain Game Changer

MARCH 24, 2020

With accelerating rates of virus transmission and deaths the global response for containment has increased as well. Every aspect of our lives has been disrupted: our health, freedom of movement, employment, the economy, our ability to buy goods, and virtually every Supply Chain. We started to hear about shortages of toilet paper, hand sanitizer, foods and household goods. Now we are starting to hear about shortages of ventilators, masks, and medical equipment.

Iran 72

Iran Reverse Logistics Italy Sourcing 72

Enterra Insights

MARCH 30, 2018

Blockchain technology has received a lot of press this past year. Most people associate the technology with cryptocurrencies like Bitcoin; but, blockchain technology has much broader application and is poised to disrupt a number of economic sectors. “The implications of blockchain technology are far reaching, with the potential to change many aspects of business across a variety of sectors,” writes Connor DiGregorio ( @digreg_orio ), an analyst with IBISWorld.

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Internet of things Massachusetts Real Estate Security 100

Cerasis

FEBRUARY 6, 2017

Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market. Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Meanwhile, Lowe’s has created the LoweBot , which boosts customer service, explains Dan Gilmore of Supply Chain Digest. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017.

Trends 207

Trends Supply Chain Procurement Predictive Analytics 207

Cerasis

FEBRUARY 13, 2017

From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. This has always been true in retail, but the power of consumers has grown with the rise of the digital age.

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Trends Logistics Reverse Logistics Russia 223

Cerasis

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure.

Metrics 191

Metrics Supply Chain Performance Supply Chain KPI 191

Talking Logistics

AUGUST 19, 2015

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. One of my favorite quotes from the conference, which I believe sums up the perspective many customers have about GT Nexus, came from Joe Dixon, SVP of Supply Chain at Brooks Brothers: “SAP is our internal ERP system, GT Nexus is our external [supply chain] ERP system.”. 143 TB of transaction data.

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Conference Exercises 3PL Procurement 138

Cerasis

FEBRUARY 15, 2018

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement. Imagine what work would be like if you could offer all customers free two-day shipping.

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Trends Logistics Third Party Logistics Packaging 201

Supply Chain Brain

FEBRUARY 26, 2018

Indeed, the very notion of applications that “talk” to one another is merely an extension of a system that shippers and carriers have deployed for years, albeit in a more primitive fashion. There’s nothing new, for example, about a carrier’s ability to monitor the interior temperature and humidity of a shipping container while in transit. The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container.

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Switzerland Pharmaceutical Internet of things Food 40

Cerasis

FEBRUARY 7, 2018

The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018.

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Supply Chain Technology Supply Chain Third Party Logistics Omnichannel 180

Cerasis

AUGUST 28, 2018

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics. Other products, such as those used for hygiene or personal uses, could increase the risk of cross-contamination throughout the supply chain.

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Reverse Logistics Logistics Third Party Logistics Guidelines 139

Supply Chain Game Changer

DECEMBER 14, 2018

Quantum Leap to the Top 10 Supply Chain Skills of the Future! . There are a lot of job boards around. Our readers are often sending us messages asking for jobs, or asking if we know of available jobs, or asking to submit their resumes or CVs. And companies are asking if we know of people to fill their jobs or how to promote their job openings. For our purpose when we refer to “Supply Chain” we are including all of these functional areas.

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Supply Chain Skills Internet of things Supply Chain Education 50

Cerasis

APRIL 13, 2017

Unfortunately, the traditional logistics of sending out paper guides and even keeping updated online versions has grown complex and difficult to control. Meanwhile, the importance of vendor compliance has grown more than ever as supply chains expand, explains Lisa Terry of Inbound Logistics, and companies look to trim the fat and optimize workflows to gain a competitive advantage. One of the biggest risks in using paper guides for vendor inbound logistics is security.

Freight 160

Freight Strategy Logistics Security 160

Supply Chain Game Changer

NOVEMBER 6, 2018

Take a quick look around your home or office and you’d be hard-pressed to find a product that has not seen the inside of a truck at some point in its existence. In truth, many aspects of everyday life are made possible through the supply chain industry, with trucking alone responsible for 70% of America’s freight volume by weight. However, with continuing problems on driver shortage and the rise of driverless trucks, where will truckers fit in the general scheme of things?

Chad 52

Chad Internet of things America Training 52

Talking Logistics

AUGUST 14, 2018

Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Technologies such as the Internet of Things, artificial intelligence, big data, machine learning and the cloud are changing the way people and companies interact and do business. The rules of business are being rewritten with these new digital technologies.

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Industrial Industry Company Capacity 81

Enterra Insights

JULY 22, 2020

Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% I’m reminded of the story of two men who bought a truck and went into the watermelon business. When it became obvious they weren’t making a profit, one of the men said, “Maybe we need a bigger truck.” With this influx of technology, predictive analytics is more powerful than ever.”

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Predictive Analytics Analytics Forecasting Big Data 100

Enterra Insights

AUGUST 2, 2019

Four decades ago, Rich Weissman, CEO of Rich Weissman & Associates and an experienced supply chain management practitioner, was just beginning his career. He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. Two-day or same-day shipping is becoming the norm.

Military 100

Military Logistics Internet of things Journal 100

Shipchain

OCTOBER 10, 2019

Supply chain visibility is essential to modern success, but according to Supply Chain Dive , as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. To stay competitive, modern supply chain managers need to understand the importance of boosting supply chain visibility to increase overall success.

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Supply Chain Visibility Reverse Logistics Sustainability Internet of things 48

Supply Chain Game Changer

APRIL 21, 2020

The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be. we discuss the fact that any movement, handling or touching of goods must be analyzed. How can we support both of these needs?

Strategy 61

Strategy Supply Chain Strategy Electronics Internet of things 61

6 River Systems

FEBRUARY 3, 2020

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. According to research from McKinsey & Company , the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level. are transported by truck.

Predictive Analytics 43

Predictive Analytics Analytics Internet of things Brazil 43

Logistics Bureau

DECEMBER 9, 2019

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. As we draw toward the end of each year, I like to start collating information from our experiences at Logistics Bureau, along with anything I find in the supply chain industry media, about industry trends that look set to compete for business-managers’ attention in the year to come. The Death of the End-to-End Supply Chain.

Trends 84

Trends Supply Chain Shipping Reverse Logistics 84

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

Quality 40

Quality Inventory Strategy Third Party Logistics 40

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

Quality 40

Quality Inventory Strategy Third Party Logistics 40

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total cost of ownership is defined as the combination of the purchase or acquisition price of a good or service. It also provides a context for all stakeholders to see the total picture of their organization’s costs.

Quality 40

Quality Inventory Strategy Third Party Logistics 40

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in.

Software 40

Software Comparison Inventory Forecasting 40

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in.

Software 40

Software Comparison Inventory Forecasting 40

Material Handling and Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. So the CSR score too is more of a popularity contest than a consistent metric. At the end of the slideshow, you’ll also find links to our analyses of previous years’ rankings.

Sourcing 101

Sourcing Supply Chain Beverage Apparel 101

EFT

DECEMBER 16, 2018

Innovation is a key driver of future growth, and many companies are already working on new technologies to replace existing legacy systems. Hunt Transport Services Inc. Hunt Transport Services Inc. warned in 2017 that costs were set to increase by 10% as a result of regulations, a driver shortage, fuel prices, and shrinking margins. Fragmentation poses a challenge in this industry, with the top four companies commanding only 15% of the overall market share.

Predictive Analytics 44

Predictive Analytics Third Party Logistics United States Internet of things 44

6 River Systems

JUNE 10, 2019

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. To help you determine what tactics, processes, technologies and practices are a must-have in a winning supply chain strategy, we reached out to a panel of supply chain professionals and asked them to answer this question: “What’s the single most effective way to create a winning supply chain strategy?”

Supply Chain Strategy 72

Supply Chain Strategy Rhode Island Strategy Tampa 72