Implementing AI in Supply Chain Logistics

20Cube Logistics

Supply chain logistics is going through a paradigm shift wherein leading e-commerce and logistics have raised customer expectations with timely delivery and status updates of the consignment. Today, AI plays an important role in modern supply chain optimization.

Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

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Transport Management System: Making your Logistics Supply Chain Successful

20Cube Logistics

With the constant technology evolution, the supply chain logistics is being introduced to a new and innovative way of shipping consignments. The new normal of shipping is not only growing business to large scale but also optimizing their supply chains.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. It’s still early days, but there are already two Ethereum-based projects that address some of the major problems that hamper logistics. Blockchain in supply chain changes that.

Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. In the current scenario, it became clear the perception of the links in the chain and the supply of products often have a long way to go before reaching the customer or consumer.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain

Cerasis

On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. How sound inventory management improves the supply chain, and what are the adverse impacts to the supply chain due to poor inventory management. What is the future of digitization as it relates to inventory management.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. The distributor maintains the inventory plan.

The Future of Drones in the Supply Chain

Kuebix

Logistics industry innovators are always looking to create solutions that will cut costs and improve operational efficiencies. One application of technology that’s becoming increasingly popular within supply chains is drones.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ).

The Bionic Supply Chain: The human, robotics, drones inventory management workforce.

PINC

If you happen to be in the Toronto area or are planning to attend the Distribution Logistics Summit in the first week of November in Toronto, Canada, I would like to invite you to attend the panel titled The Bionic Supply Chain. As markets demand not only efficiency but agility and flexibility from supply chains, next-generation models are successfully combining robotics, automation, and digital technologies to drive superior performance.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned.

PINC’s Matt Yearling named Rock Star of the Supply Chain by Food Logistics magazine

PINC

UNION CITY, CA – April 6, 2020 — Food Logistics , the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named Matt Yearling, CEO of PINC to its 2020 Food Logistics Champions: Rock Stars of the Supply Chain award. About Food Logistics. The post PINC’s Matt Yearling named Rock Star of the Supply Chain by Food Logistics magazine appeared first on PINC.

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What Your Inventory Reveals about Your Reverse Logistics

PLS Logistics

Supply chains share common goals: increase productivity, reduce costs, mitigate risks. Common goals for reverse logistics are to improve customer satisfaction, cut costs, maximize return on assets. Reversing the supply chain means taking in returns, recalls, damaged goods and overstocked merchandise and recapturing its value or disposing of it. The Importance of Reverse Logistics. Logistics Transportation Supply Chain Inventory

Turkey Logistics: The Thanksgiving Supply Chain

Logistics Viewpoints

Inventory Management Just for Fun Retail Supply Chain Planning This Week in News Tomorrow is Thanksgiving, a time for family, friends, and turkey. Lots of turkey. Just how much turkey? According to the National Turkey Federation, over 730 million pounds of turkey will be consumed in the United States during Thanksgiving. Given that the average weight of a Thanksgiving turkey is 16 pounds, that is about 45 million […].

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Supply Chain Certifications: Are They Worth It?

Talking Logistics

There are various supply chain and logistics certifications that industry professionals can pursue from APICS, ISM, CSCMP, and other organizations. Is getting a certification important for career advancement, especially for new supply chain professionals?

Supply Chain: The True Game of Risk

Supply Chain Shaman

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks. Geopolitical shifts, economic uncertainty and demand/supply volatility are rising. In my life time, supply chains changed.

The Internet of Things Changes Logistics in the OEM Spare Parts Supply Chain

Logistics Viewpoints

Logistics Service Providers Logistics Technologies Internet of Things Inventory Management IoT spare parts Spare Parts Supply ChainBy offering IoT-enabled condition monitoring, spare parts, and equipment repair services, equipment OEMs can remotely monitor asset health in their customers’ plants, anticipate failures, order the parts, and often execute repairs before the failure occurs.

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Logistics Manager.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control. Below is an excerpt from the section on Supply Chain Visibility. — Supply Chain Visibility. How much inventory do we have across our network?

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? The answer varies from function to function in the supply chain. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Inventory Management: There’s No One-Size-Fits-All Approach. Is it about optimization?

Is Your Supply Chain ‘Ready for Anything’?

ToolsGroup

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. In an ever-changing global economy with all its unexpected twists and turns, supply chain leaders are looking for a way to be ready for anything the real world throws at them.

Logistics and Supply Chain

LeanCor

What is “Total Lead Time” in Terms of Logistics and Supply Chain? In logistics and supply chain, total lead time is the sum of all processing time, transit time, and time spent as inventory. Outbound (Customer) Lead Time: In logistics and supply chain, outbound time is the amount of time it takes for a customer order to be received, processed, and shipped to the customer. Raw Material Inventory ADOH.

Supply Chain Manager – A “Green” Superhero

Logility

So, I started thinking about how supply chain management can impact the environment and concluded that supply chain managers are Green Superheroes. Better supply chain planning saves money but also reduces greenhouse gases and decreases your company’s carbon footprint.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It is an incredible task that won’t happen without careful and well thought out planning and execution of the Supply Chain. What is the Vaccine Distribution Supply Chain? The Vaccine Distribution Supply Chain.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Pull (Lean principle: Kanban) : Move inventory only when requested by customer. Supply Chain lean inventor

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Supply Chain Forecasting: The ‘IN’ Thing Today in Logistics

20Cube Logistics

Today when you think of logistics, you tend to connect it to speed and timeliness, that is to process and ship orders on time with efficiency and provide the right information to customers to make the right decision. What are the popular methods of supply chain forecasting?

How BT is Building a Connected Supply Chain Amidst Ongoing Transformation

AIMMS

Behind the scenes, BT Supply Chain has been the backbone of the company’s operations for 30 years, making sure customers get the best experience. The supply chain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services. In recent years, BT Supply Chain underwent a transformation to provide its services to businesses using the company’s existing network.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments.

Supply Chain and E-Commerce: How Is E-Commerce Changing Supply Chain Management?

Cerasis

As a result, e-commerce will have wide-ranging impacts on supply chain management. Fortunately, the Internet of Things (IoT), big data, and fully integrated supply chain systems have the potential to meet these demands, and e-commerce will effectively change supply chain management forever. Although effective in the supply chains of the past, the effects of e-commerce require more than this siloed approach.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. Efficient supply chains may not be the most effective.

Inventory Checks Powered By Drones

PINC

Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now. logistics innovation digital supply chain inventory drones inventory robotics