Bring Out the Best in Your Supply Chain

Kinaxis

Professor of Supply Chain Procurement at Rutgers University), the article discusses some key traits held by the best supply chain managers. The Port of New York and New Jersey was hit hard, and they “had about 24 hours’ notice before Sandy hit,” she said. In a crisis like this, Azadegan says “jobs, inventory, and profits are at stake, and beyond that, suppliers, customers, communities, and families of employees etc.

Time to turn around inventory falls by two days says new report

EFT

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. The median time for retailers to move returns back to inventory ready for resale has fallen from 2017 to 2018, from a median of seven days down to five days. Increasingly retailers and manufacturers are looking at building distribution capabilities into more and more facilities and the sharing of inventory and fulfilment engines.

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Re-thinking supply chain risk: Protection at any cost?

Supply Chain View from the Field

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. commercially standard) parts that create excessive quality and procurement costs, to squirreling away MRO parts and inventory in places that no one will ever find them, including the operators, all in the name of risk!

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation.

Learning to Speak the Language of Demand

Supply Chain Shaman

New shoes feel awkward. Learning to speak a new language is similar. Companies are stuck at the intersection of inventory turns and operating margin. The first step to making the shift is learning a new language. New forms of analytics make new capabilities possible. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. New Terms to Know.

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

NC State SCRC

Linton] co-authored The Living Supply Chain , which argues 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. Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. This time last year I was predicting doom and gloom around the emergence of the new Trump presidency.

The Strategic National Stockpile that Failed Us

NC State SCRC

i] As the virus spread more quickly in Washington State, New York, San Francisco, and New Orleans, the administration quickly realized that the coronavirus would not be “magically going away.” Finally, management of inventory in the pool will require replacement and inventory turns for critical components, based on maintenance, product recalls, and updates of expired products and old technology. Procurement’s Value Proposition, London: Kogan-Page; 2014. [ii]

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. Just-in-time techniques and vendor-managed inventory systems also require warehouse usage; thus, there are no substitutes for warehousing. The increasing service levels such as e-commerce and same-day delivery are influencing retailers to invest further in the warehouse industry.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Because the virus is so new and there is very little historical data, Blue Yonder’s data science team is very busy feeding data into the AI-driven control tower to help visualize and predict current and future impacts of the coronavirus. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. Our first guinea pig, Bubbles, had passed away a few weeks earlier (after bringing us much joy and laughs for over four years), so we were very excited to bring Milo and Otis home and begin a new chapter of memories. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities.

Guinea 109

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted.

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. Some Chinese factories still have warehouses filled with goods that they produced and failed to ship in early January, before the Lunar New Year holiday that transformed into a nationwide shut-down of about a month, due to a lack of trucking capacity. COVID-19 Impact on Procurement.

Automation in the supply chain to get major boost in 2019

EFT

A new report and industry survey from eyefortransport finds that automation is the top investment priority for retailers and manufacturers in 2019, particularly within the warehouse. across the same period, it is clear from this year’s results that the focus is on making a lean warehouse that can track inventory and handle returns more effectively. Gabi Weisel, Director Global Indirect Procurement, Estée Lauder.

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. It’s also poised to deliver those changes in a way that will provide value to business, instead of becoming a new cost centre. Subscribe Here! Email Address.

Delhaize America Selects RELEX Solutions’ Supply Chain Planning to Help Sharpen Fresh Produce Retail

RELEX Solutions

Delhaize America has selected RELEX Solutions’ supply chain planning solutions to forecast and replenish perishable categories within its distribution centers, which service its supermarket brands Food Lion, with more than 1,000 stores in the Southeastern United States, and Hannaford, with 181 stores across New England and New York. Read PDF.

Experts Choice Of Top Online Logistics Resources

Freightos

150 years of Lloyd’s helps back this new website, which includes frequently updated information on freight and shipping information. Loretta is the WSJ’s New York-based supply chain and logistics reporter, and a great curator of the most important WSJ logistics articles on Twitter. Tech Marketing VP passionate about inbound marketing, growth hacking and new technologies. The Experts’ Choice of the Top Online Logistics Resources.

Flipkart-Walmart Deal and What It Means for the Indian Online Retail Sector

Shipsy

The other related avenues that are likely to get disrupted with Walmart’s entry include supply chain management, farm-to-fork sector and inventory and vendor management. Given Walmart’s competence in supply-chain management, the company can provide the much-needed push by enabling the procurement of goods at village level. Last year, Walmart also acquired New York-based last-mile delivery startup Parcel.

India 40

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used. In the US, the company has four main distribution centres (DCs), one of which is located in Jersey City in the state of New Jersey.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I was born in New York City and grew up on Long Island. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. The team reduced finished-goods inventory by 50% and reduced the assembly and test line production variances by 50% in 9 months. My new iPhone X is over 1000X more powerful with 256GB in it! Subscribe Here! Email Address.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. The world of supply chain and logistics is changing every day.

When the Heavy Hand of Government is Not a Burden

Supply Chain @ MIT

We have a glimpse of such an outcome courtesy of the states of New Jersey and New York. The State of Ohio, for example, is buffering its PPE inventories, for example. Supply chain professionals know that risk pooling – where vital global inventories are co-managed as a common resource – is critical in maximizing the impact of a scarce commodity. Under risk pooling, resources from central inventories flow to the region most in need to nip the outbreak in the bud.

Letter from the CEO: Coronavirus Market Update

Transplace

Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. to Asia export bookings especially in markets with low container inventory. Also, provide weekly data and reports to operations and procurement teams. Letter from the CEO: Coronavirus Market Update. By: Frank McGuigan, Chief Executive Officer, Transplace.

Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the one hand, Wal-Mart was able to mitigate the availability of certain excess inventory through real-time promotions on Facebook. On the supply chain fulfillment side, new initiatives, realities, and dealing with the effects of supply disruption have retail supply chain teams rather busy during this final month. Procurement Blog. About Us.

Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

However, as the brief anecdotes shared here illustrate, new and different opportunities will also result from technological advances. In recent years, firms both large and small have launched new “Data Science” or similarly named groups. Once the assembly operation is completed, the cart computer calls the mobile base to move the cart to a new location. . TOMPKINS: Sellers today find e-commerce inventory allocation and replenishment to be challenging.

SCM 80

Factors Influencing Delivery Address Amendment - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. However, during that two-week time frame she moved to New York. Learning this, I thought of delivering gift to her New York address. Instead, I had to cancel the existing order and place a new one, if I wanted my gift to be delivered to another address. Inventory and Capacity Visibility to Order Management System. Procurement Blog.