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Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. If you’re like me, staying up to date on supply chain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Today’s Top Supply Chain and Logistics News From WSJ.

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Regaining control: Inventory management best practices (Part four)

Kinaxis

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced. In the final part of my inventory management best practices series, I take a look at some additional practices that are important, or even crucial , to successful supply chain efforts.

Understanding E-Commerce Fulfillment: Definition, Process, Resources!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A 2018 study found that free shipping was the number one feature for online shoppers. In addition, shipping costs are a major factor in shopping cart abandonment. Speed matters also: 25 percent stopped orders when shipping was too slow. Shipping times and methods are part of your third-party logistics operations. Your orders should flow directly to the people who will pack and ship them. Subscribe Here!

Regaining control: Inventory management best practices (Part one)

Kinaxis

by Richard Cushing It happens to be axiomatic that you cannot manage your inventory if you do not control your inventory. Many times, I have been told, “Our people just don’t trust the numbers they see in the enterprise resource planning (ERP) system. Managing versus controlling inventory. Inventory is shipped, or taken, to trade shows expecting a full return; but the quantities returned are seldom the same as the quantities check-out.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

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 ). Making supply chain and logistics predictions is like throwing darts at a moving target.

Supply chain pain points: Automotive

Kinaxis

by Alexa Cheater 6 speed bumps on the road to automotive supply chain success. A trending move from regional to global supply chain processes is adding complexity to the automotive supply chain at an unprecedented level, driving a growing need for automation and collaboration. That’s revving up interest in realignment, consolidation and optimization of supply chain activities. Automotive supply chain pain points.

Drone delivery coming soon to a supply chain near you

Kinaxis

by Ilyas Kucukcay The concept of a drone was not something we gave much thought too just a few years ago—except for the applications of the military-related operations, much less drones in supply chains as product delivery mechanisms. Meet the dazzling drones of the supply chain near future. Drone delivery in supply chains and their impact. Drones in supply chain will presumably have high impact on industries that rely on package delivery.

Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. Many companies have accepted the need for Supply Chain Risk Management because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share. The problem is most companies are relatively immature when it comes to Supply Chain Risk Management. What supply chain risk mitigation processes are you using?

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

Cerasis

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. 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.

7 Characteristics of A Best In Class Supply Chain

Cerasis

Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management , diverse markets, widespread collaboration, and technological advances. However, current supply chains fall victim to the problems of inefficiencies, inexcusable rigidity, and failure to recognize the growing demands of consumers. Inventory Optimization. Supply Chain best in class supply chain

Continuous delivery drives continued supply chain innovation

Kinaxis

When was the last time you made changes to your supply chain? If it’s been too long to remember, you’re likely lagging behind when it comes to supply chain innovation. For supply chains, the added complexity all this change is bringing about can be daunting. It’s becoming harder and harder to keep inventory costs low while still meeting customer demands for customization, same day shipping and easy returns. by Alexa Cheater.

Technology’s Ever-increasing Role in Supply Chain Functions

Cerasis

However, technology has risen to dramatically alter the execution of supply chain functions. In a Logistics Viewpoint survey , 50 percent of businesses reported sharing inventory across all channels or engaging in omni-channel practices. Additionally, the overwhelming majority, 98 percent, of businesses reported sharing inventory between online and retail locations. What’s Causing the Shift Towards Greater Use of Technology in Supply Chain Functions?

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

Supply chains were ill-prepared for the pandemic. The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Supply chain processes depend on navigating the world o f gray.

Coronavirus Exposes Global Supply Chain Fragility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? Disaster Recovery Planning and Risk Management processes are foundational elements of any effective Supply Chain operation and strategy. The effectiveness of both these tools enacted by Supply Chain crisis leadership skills are being tested to a historic degree by the outbreak of the Coronavirus. How is it affecting Supply Chains? Subscribe Here!

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Why Do We Forget to Define Supply Chain Excellence?

Supply Chain Insights

This past month I attended our Supply Chain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End Supply Chain Orchestration. Throughout the great discussions within these courses, I couldn’t help but notice a general theme – people are forgetting to define (or ask) what supply chain excellence looks like for their companies! End-to-End Supply Chain Maturity Stages.

Supply Chain Should Lead the Boardroom … the Coronavirus Proves it!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Coronavirus Exposes Global Supply Chain Fragility! The economic and Supply Chain impact has been, and will be, enormous with employees unable to work, factories shut down, and modes of transportation idled in record numbers. It will take enormous intelligence and expertise to get the Supply Chain back on track throughout, and after, this crisis. Disruption of all Supply Chains.

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Surviving the COVID-19 Pandemic and Future Supply Chain Disruptions Through Supply Chain Digital Transformation

Logility

Supply chain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supply chains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon. Surviving major supply chain disruptions requires capabilities that are only available through advanced supply chain planning and optimization platforms.

5 Pitfalls To Avoid When Selecting Supply Chain Software

Cerasis

As your business grows, you supply chain software will need to expand. No matter which direction you choose, supply chain software comes riddled with opportunities for confusion, demise, and incapability. 5 Pitfalls of Supply Chain Software Selection. #1: However, some ERP systems may have extensive costs, which would easily outweigh the purchasing price of individual Warehouse Management Systems ( WMSs ) and Supply Chain Management (SCM) suites.

WMS and eCommerce: How to Use Supply Chain Technology to a Competitive Advantage

Cerasis

The application of supply chain technology is essential to maintaining a competitive advantage in the height of eCommerce growth. Amazon continues to assault supply chains around the globe, and the big box retailers, like Walmart and Target, are rapidly developing robust eCommerce platforms to create a more comprehensive and seamless customer experience. Lower inventory carrying costs. E-Commerce Logistics Supply Chain Technology Warehouse

E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. The warehouse management system (WMS) is the most recognizable and diverse of the e-commerce supply chains’ system lineup.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. Site resources are optimized with carrier appointments.

A Collection of Bad Supply Chain Poems

Kinaxis

supply chain-related sonnets, odes, limericks, haikus – well you get the point. Without further ado, enjoy these supply chain poems written by Kinaxis staff just for you! An Ode to Supply Chains. O supply chain, how I do appreciate thee, always working hard to bring things to me. Don’t let anyone dismiss you or belittle your worth, because without you supply chain, nothing could ever circumvent the Earth! To shared resources.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

This added area of focus can leave many operators feeling strapped for time and resources. Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers.

Coming soon to a supply chain near you: 8 big digital disruptors

Kinaxis

In reality, all this emerging tech, whether it’s turning your world upside down or not, is having a very real impact on how businesses manage their supply chains. Phillips, SVP of Customer Supply Chain & Global Go-To-Market for PepsiCo shared during his keynote presentation at the Gartner Executive Supply Chain Conference, this digital revolution presents enormous challenges and opportunities across the end-to-end consumer value chain.

Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

recently noted a new trend towards supply chain “protectionism,” presumably due to the extraordinary combination of external forces proving capable of disrupting once-optimized processes and, therefore, destroying once-healthy profit margins. But just like every living thing needs air and water to survive, every manufacturer – and every one of their supply chain partners – needs a single source of data truth to survive the massive wave of change that’s hitting from all directions.

Supply Chain Planning with Microsoft Dynamics AX

ToolsGroup

But growth poses supply chain planning (SCP) challenges. This invariably leads to manual interventions and firefighting, as you struggle to manage demand volatility and improve forecast accuracy while dealing with the limitations of a basic supply chain system. It eats up resources and time, and as the effort grows, drives up total cost of ownership (TCO). For more on this topic, see When SMBs Hit the Inventory Planning Complexity Wall ).

Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. As we showed in a previous blog, it’s not the only way to segment your inventory, nor nearly the best. Lord calls this “situational inventory”.

Supply chain planning – it’s time to get personal

Kinaxis

Supply planning – to profitably align supply with demand. When I was planning supply, it wasn’t unusual to have a dinner interrupted, a weekend cut short or a vacation disturbed. It wasn’t a surprise when a supplier shipped late, a machine was suddenly overloaded or a demand planner informed you that you were working off the wrong demand plan. This meant it took too long for supply planners to understand the impact of demand changes.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Greater Supply Chain Savings Thanks to Transportation Management. Closely relating to auditing, these features and services help prevent product write-offs from oversupplied supply chains. Why Do Supply Chains Need Transportation Management?

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The acquisition combines Reuters’ globally trusted news brand, scale and editorial excellence with eft’s deep expertise in highly specialized events and content production for key decision makers right across the supply chain industry. What role does eft play in the supply chain market and what business intelligence does it provide? In short, eft provides business insights and analysis to the whole supply chain industry.

Vendor Managed Inventory (VMI): Everything You Need to Know

EMERGE App

Within the global supply chain, vendor managed inventory (VMI) is becoming an essential service. That is why most retailers will opt for managed inventory to guarantee an increase in delivery rates. . In return, this will improve inventory management.

How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices

Cerasis

E-commerce value will exceed $4 trillion by 2025, and demand for e-commerce requires seamless integration between traditional shipping practices and an e-commerce shipping plan. Its global nature makes conventional shipping strategies inefficient and utterly unworkable. Challenges in Integrating an E-Commerce Shipping Plan A primary issue in integrating e-commerce shipping goes back to the extent of current shipping practices.

9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

Cerasis

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives. There should be metrics involved to monitor these objectives to ensure success across the supply chain. This sets the supply chain pace.

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