Remove Inventory Remove SCM Remove Shipping Remove Transportation

RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

Cerasis

More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Active Versus Passive RFID Tags in SCM. Both passive and active tags have been a subject of debate in SCM. Instantaneous inventory cycling reduces delays and speeds SCM.

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Seasoned Leadership in Action! An Interview with Paul Kretz, Head of SCM at Church & Dwight!

Supply Chain Game Changer

That is how I got into logistics management and gained deep warehousing and transportation experience. Tight timelines, customer escalations, engineering problems, board presentations, inventory variances etc. In SCM I think that the changes have been seismic. The departments were called production and inventory control, warehousing and transportation. How to trade off inventory and transport costs? Subscribe Here! Email Address.

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why

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Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Inventory cost is defined as the cost of holding goods in stock. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand Data Integrity to Reduce Inventory Costs.

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5 Outstanding Transport & Logistics Book for Managers

Supply Chain Opz

Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? The reason for this was to provide a list of "classic" scm books that people can study by themselves while working full-time. However, they asked "What are some good transport and logistics book you''d recommend?". Then, a synchronization of inventory management, warehouse management and transportation management is essential.

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How AI and the IoT Can Change Transportation Management!

Supply Chain Game Changer

The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. Subscribe Here! Email Address.

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3 Types of Warehouse Management Systems

Vinculum

It is essential to accelerate a Warehouse Management System to run any 3PL business which are dealing with physical goods or items that are mostly transported to and from consumers. A standalone WMS can be used to manage inventory only.

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Is Hyperloop the Next Great Supply Chain Technology?

Kinaxis

Hyperloop is a theoretical transportation technology, a long-awaited “fifth avenue” of transportation that uses vacuum tubes and linear induction motors to shuttle pressurized air capsules along a track, using a lack of friction to achieve speeds as high as 700 mph (approx. The CEO of the company behind the test (Hyperloop One) estimates that the system will be transporting cargo by 2019 and passengers by 2021.

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Why a network model makes sense for today’s automotive suppliers

The Network Effect

Ship according to a latest set of transportation routing instructions. In fact our supply chains aren’t really chains at all, they are logical networks comprised of multiple enterprises and trading partners operating across multiple physical tiers who need visibility across the network to orders, shipments, and inventory. Auto Many-to-Many Network SCM cloud many-to-many network

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5 E-Commerce Order Fulfillment Choices!

Supply Chain Game Changer

Clients can remotely handle their inventory and make informed decisions based on their consumers purchasing behaviour. More than that, it employs an intelligent shipping platform to create an efficient system for pickup and delivery of the goods. Some of the features include issues on inventory, and real-time reports on the products. Only pay when they receive your inventory, for storing your goods, and when they send it out. Subscribe Here! Email Address.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time.

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This Week in Logistics News (August 5-9, 2013)

Talking Logistics

E2open Acquires icon-scm. As I’ve said before, the true test of how detrimental the new HOS regulations will be to the industry will come in Q4 when shipping volumes increase for the holidays, especially when you couple it with the impact CSA is having on driver hiring and retention ; a lot also depends on what happens with the economy in the months ahead too. I am not familiar with icon-scm’s solution, so I can’t comment on its strengths and weaknesses.

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Supply Chain Best Practices: The Flexible Supply Chain

Elementum

This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts. Empty shelves, inventory in the wrong places, or excess product sitting in warehouses and tying up millions in cash.

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Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Before we get into blockchain’s potential entry points into the supply chain ecosystem, let’s take a look at the two current trends in SCM *(Supply Chain Management): Dynamism SCM has evolved to become a huge, global ecosystem. This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path.

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Augmented Reality (AR) is the Future of the Supply Chain!

Supply Chain Game Changer

Frankly, I was blown away by how many cases were received and shipped out. As my anxiety built, I was able to anchor on the fact that we shipped mostly cases. The conveyor belt transported the cases to the outbound department where there were folks set up to load the cases in the trailers. Early in the week, we did not ship out as many cases. SCM #SupplyChain #Industry40 #Technology #AI #IoT #Robotics #Business #Leadership #AugmentedReality #Logistics #Distribution.

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Supply Chain Best Practices: The Flexible Supply Chain

Elementum

This requires the ability to flexibly reallocate inventory based on demand, and quickly locate component alternatives when supplier issues arise. But as their operations grow more fragmented across the globe, businesses are stuck with rigid inventory management and ordering systems that aren’t designed to react to rapid demand shifts. Empty shelves, inventory in the wrong places, or excess product sitting in warehouses and tying up millions in cash.

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To DC Or Not To DC? That is the Warehousing Design Question!

Supply Chain Game Changer

Further Amazon Prime, though it comes with a fee, offers “free” shipping. The combination of fast delivery, low to no cost shipping, and an endless selection of products all set the competitive benchmark for E-Commerce Fulfillment. And their Shipping Costs continue to far exceed their Shipping Revenue. Most companies can not afford to have their Fulfillment costs and their Shipping costs consume such a large portion of their sales. Subscribe Here!

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Supply Chain KPIs You’ll Want Every Morning

Logility

Never completed ERP/SCM implementation. Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. in inventory write-down and 20% drop in stock value. Warehousing and transportation costs.

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Supply Chain Predictions!

Supply Chain Game Changer

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. Using advanced analytics in a transportation management network to look at historical traffic patterns, you can plan a truck’s route that takes into account time delays for more accurate arrival times. Subscribe Here! Email Address.

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To DC Or Not To DC? That is the Warehouse Design Question!

Supply Chain Game Changer

Further Amazon Prime, though it comes with a fee, offers “free” shipping. The combination of fast delivery, low to no cost shipping, and an endless selection of products all set the competitive benchmark for E-Commerce Fulfillment. And their Shipping Costs continue to far exceed their Shipping Revenue. Most companies can not afford to have their Fulfillment costs and their Shipping costs consume such a large portion of their sales. Subscribe Here!

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Omni-channel vs Multi-channel: How many E-Commerce Fulfillment Solutions do you have?

Supply Chain Game Changer

Whoever runs the DC will receive an order, fulfill it, and ship it to the customer’s destination of choice. If you have a Bricks-And-Mortar store you can take orders online but have them shipped to the store from your DC (“Buy Online Ship to Store”). In “Buy Online Pick up in Store” customers can get their orders filled from store inventory by store personnel. Omnichannel #ECommerce #Retail #SupplyChain #SCM. Subscribe Here!

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The Hidden Complexity in the Retail Supply Chain!

Supply Chain Game Changer

Plus they want it all at the lowest cost possible (and free in the case of shipping). Or they could ask their goods to be shipped to someone else. This requires process capabilities for ship to store, pick up from store, drop shipping, and direct to customer shipment. And data integrity and inventory accuracy is key. Transportation. Depending on your sources you could be shipping goods inbound from all over the world. Subscribe Here! Email Address.

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The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The links between these nodes are the freight, transportation and logistics players who move the goods throughout the Supply Chain. Trucks, Ocean Freighters, Planes, Rail, and Vehicle transportation all consume energy in the provision of their services. From an environmental standpoint this usually creates the need for intercontinental and transoceanic transportation, which by definition is a driver of carbon emissions. are generated by transportation. Subscribe Here!

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SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Co-location of supply chains will reduce disruptions, complications with transportations, government regulations, etc. When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. You can either ship it by boat from China (30 days) or by plane (FedEx).

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Making Supply Chains Fit for Function

Enterra Insights

The basics of supply chain management (SCM). ”[2] The staff at Advanced Transportation Systems (ATS) adds, “Supply chain management deals with the procedures encompassing sourcing components a company requires to develop its products or service to deliver the end product to customers. If you want to develop a robust SCM strategy, you have to look at the entire ecosystem. Cecere asserts that collaboration is a key to SCM success.

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Same Day vs Next Day Delivery … What’s the Difference? (Infographic)

Supply Chain Game Changer

E-commerce has changed the game of how parcels are transported and delivered to customers. Next day and same day delivery are now highly sought-after services by consumers who want their packages shipped instantly. Both are still relatively faster than traditional shipping, which takes two to five business days. They would need to have an organised inventory management system in the first place to fulfill the immediate needs of their customers. Subscribe Here!

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It’s a New Digital World – Is Your Supply Chain Ready?

BlueYonder

Recent research published by SCM World on behalf of JDA Software Group, Inc. ( According to the SCM World Future of Supply Chain survey 2016, a majority of supply chain executives identified the following primary digital technologies as disruptive and important: big data analytics (81 percent). Companies leveraged economies of scale to protect profit, and the assets – especially those dedicated to inventory transportation and storage – were owned by the company.

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

10 | SCM Consulting Map Europe 2016. The firm’s lean engineers and supply chain engineers help hospitals not only with inventory management and logistics but also with process improvements in catheterisation labs, for example. A decade of internal costsaving measures at Boston Scientific has led to creative, state-of-the-art solutions such as a genetic algorithm that calculates the optimum packaging size to minimise the amount of empty space being shipped.

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The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management. The Truck Driver shortage is a reality (read The Current State of the Shipping Capacity Crunch! ). Subscribe Here! Email Address. Quantum Leap to the Top 10 Supply Chain Skills of the Future! .

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Peeling Back The Orange Juice Supply Chain! (Video)

Supply Chain Game Changer

Most of this production is shipped in the form of Frozen Concentrated Orange juice (FCOJ). If the Oranges are to be used for Orange juice they are transported by truck to Fruit processing facilities. This involves the removal of water from the juice via evaporation, which makes the concentrated Orange juice more efficient for economical shipping. When the product is in the retail package it is then transported to your local store. Subscribe Here! Email Address.

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The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

By knowing what to expect, they can decrease the number of total vehicles needed for transport and direct them to the locations where the demand is expected, which leads to significantly lower operational costs. Robots are locating, tracking, and moving inventory inside warehouses, they are conveying and sorting oversized packages at ground distribution hubs. SCM #SupplyChain #technology #logistics #freight #AI #artificialintelligence. Subscribe Here! Email Address.

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5 Pitfalls To Avoid When Selecting Supply Chain Software

Cerasis

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. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs). However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

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7 Characteristics of A Best In Class Supply Chain

Cerasis

Supply chain service providers and supply chain managers (SCM) will be able to use data to identify inefficiencies, create proposed solutions, and implement such solutions. Furthermore, the use of such data can be applied to creating verifiable forecasts for needs in inventory. Inventory Optimization. Inventory optimization relies on accurate, precise forecasts for needed items.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. The retailer started dealing directly with manufacturers in the 1980s, giving suppliers the job of managing inventory in its warehouses, the Arkansas Business article said.

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How to Cut Costs by Improving Product Punctuality

Supply Chain @ MIT

By tailoring transportation methods and distribution center processes to match the delivery speed required of each product, companies can reduce the cost of transportation, prevent excess inventory, and eliminate lost sales. Researchers at MIT CTL have developed a model that uses purchase order (PO) information to help retailers determine when many different types of products need to be shipped to meet sales deadlines.

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