The Importance of Value-Added Services in Logistics and SCM!

Supply Chain Game Changer

According to Adelante SCM’s recent research , 63 percent of organizations that use value-added services consider it a “very significant” business function. Types of Value-Added Service for Logistics and SCM. – Inventory Management. Subscribe Here!

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Adelante SCM and PINC Launch the First Annual State of Yard Management Report

PINC

This year’s report focuses on the impact of digital yard management on enterprise transportation costs and capacity. The report brings clarity to key industry questions such as How important is having digital yard management capabilities in helping you achieve transportation objectives?

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Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. In business there are many drivers of inventory, and the management of inventory levels requires discipline and a cross-functional focus. What Drives Inventory Effectiveness?

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

GlobalTranz

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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Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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Is There a Third Option for SCM Executives Looking to Revamp their Supply Chain Management Operations?

Kinaxis

A new alternative is now possible for companies, especially those looking to gain a competitive advantage with their SCM operations. While many supply chain executives have never seriously considered managed services as an SCM option due to liability, performance or security risk concerns, this is indeed an economical, efficient and strategically viable solution that supply chain leaders should consider to deliver operational performance. Is SCM a Core Competency?

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What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. SCM systems provide a strategic advantage and business insight to companies and their operations. SCM systems tie together and define a plethora of business processes and enable the flow of information between them – in essence SCM is the new business operating model. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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Trends & Strategies in Logistics and SCM

Supply Chain Movement

Two out of three respondents stated that their company’s logistics capability is negatively influenced by poor transportation infrastructure, which is a problem particularly in emerging markets. Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. 2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage.

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Cloud Supply Chain Management: SCM’s Head is in the Clouds…and For Good Reason

GlobalTranz

The cloud is making new, innovative transportation management systems (TMS) available to more shippers. Concerning Oracle’s new improvements in the SCM cloud, user accessibility and ease-of-access will further drive adoption rates of cloud-based solutions, particularly TMS solutions. Cloud computing does not revolve solely around the transportation management system either.

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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OPTSUM 2015: Where SCM meets Science

BlueYonder

He also provided a heuristic solution to the truck packaging problem that helps negotiate the number of trucks to be booked for transportation. Connecting the dots between demand, fulfillment, transportation and warehouse management was the theme for JDA’s Rajiv Bhuta. Constraint programming for mixed integers, sequential decision models for inventory optimization, machine learning using python, and insights using big data were thoroughly discussed and debated.

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Using Lean to Manage Inventory!

Supply Chain Game Changer

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 a customer. Subscribe Here! Email Address.

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SCM Technology Leaders JDA and RedPrairie to Merge

Supply Chain Network

To learn more about how RedPrairie solutions can optimize your inventory, improve employee productivity or increase sales, visit RedPrairie.com or email info@redprairie.com. JDA empowers more than 2,700 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the manufacturing, wholesale distribution, transportation, retail and services industries.

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Don Ralph of Staples Awarded Salzberg Medallion for SCM

Supply Chain Network

His key accomplishments include the development of new industry-leading infrastructures, spearheading impeccable inventory management, an intricate fulfillment and delivery network, perfect order execution and a highly efficient cost structure. PepsiCo, NIKE and CSX Transportation. Syracuse University’s Whitman School of Management has awarded Don Ralph, Senior Vice-President of Supply Chain & Logistics at Staples, with the prestigious Salzberg Medallion.

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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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3 Ways to Accelerate Your Inventory Management

RFgen

TABLE OF CONTENTS: The Current State of Inventory Management. Integrate and Optimize Inventory Workflows. Implement Inventory Management Software. Integrate ERP Data with Inventory Processes. The Current State of Inventory Management. Increased inventory visibility.

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

GlobalTranz

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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Using Lean Management for Inventory!

Supply Chain Game Changer

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. What is Lean Inventory Management? Attributes of Lean Inventory Management.

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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.

Supply Chain Is at Its Best When You Can’t See It

Kinaxis

They’ll of course see the transport trucks rolling down the road as they pass by, knowing their trailers are full of cargo, but they’ll never bother to think about how that order is triggered, the decisions involved with how much quantity to order, or the complexities (such as expiry dates) of getting that order to their local store. At a high level, I am nothing more than an item moving from one destination to another through various modes of transportation (car and plane).

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.”. Logistics #AI #IoT #SupplyChain #SCM #Technology.

Why this is a great time to be a supply chain professional

Kinaxis

After about a decade, he took a different path and branched off from SCM. Transportation speeds like never imagined before (think Hyperloop ) will be feasible in our lifetime and will shrink lead times significantly. c) Internet of Things (IoT) is enabling proactive asset monitoring and risk mitigation along with precise inventory location tracking. This means more exciting opportunities for SCM professionals in both industry and technology domains.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. SCM involves the flow of materials, finances and information.

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.

A Guide to Managing Supply Chains Beyond the Post-Covid Era

ThroughPut

This along with a string of direct benefits like lower inventory-carrying costs, inventory reductions of up to 75% , and lower transportation and labor costs are among the biggest areas of savings. Looking Beyond the Post-Covid Era – A New Horizon for 2021 Supply Chains.

Looking Beyond the Post-Covid Era – A New Horizon for 2021 Supply Chains

ThroughPut

This along with a string of direct benefits like lower inventory-carrying costs, inventory reductions of up to 75% , and lower transportation and labor costs are among the biggest areas of savings.

Looking Beyond the Post-Covid Era – A New Horizon for 2021 Supply Chains

ThroughPut

This along with a string of direct benefits like lower inventory-carrying costs, inventory reductions of up to 75% , and lower transportation and labor costs are among the biggest areas of savings.

Logistics and Supply Chain – 1940 to 2040 with Jason Miller

The Logistics of Logistics

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. The business world views Broad’s graduates and faculty as the voice of the SCM field.

Understanding Supply Chain Management

SupplyPike

Supply Chain Management (SCM) is a systematic and controlled procurement operation. SCM performance directly impacts an organization’s general performance. SupplyPike has created a suite of supply chain software solutions for all your SCM needs. Inventory Map. Learn about.

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.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

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. A common route into supply chain management is a bachelor’s degree in supply chain management, logistics, or international transport.

Five reasons why cloud-based supply chain tech beats traditional on-premise

The Network Effect

An artificial batch “wait” time between a triggering event and a solution response inherent in standalone systems can lead to both service failures and unnecessary inventory buildup that were otherwise entirely avoidable. Cloud SCM The Network Effect cloud supply chain technology PhotoAtellier (Flickr). What can we say about supply chains with 100% certainty?

Are Supply Chain Orchestration Services Still Science Fiction?

The Network Effect

The most challenging orchestration scenarios involve international transportation processes where the documentation complexities of international banking, insurance, and customs are combined with the physical handling and movement challenges of multi-leg transportation moves often involving multiple modes and service providers. Orchestration SCM Supply Chain Management logistics orchestration supply chain management Sogol/Flickr.

Why a ‘single version of truth’ is key to a great supply chain

The Network Effect

While comprehensive benchmarks are still being normalized for comparative purposes, recent results that have been experienced by various customers of the new cloud-based platforms include reductions of 40% in inventory requirements for cycle and safety stock when compared to traditional ERP batch type processing, 5% decreases in lost sales, 99% customer service levels at retail, 5% reductions in material costs , and 30% reductions in premium transportation costs.

Emerging Trends to Embrace for Retail Supply Chain Leaders

Supply Chain Network

The definition I’m running with currently is below, but this rapidly emerging concept continues to evolve literally as we speak: ‘A fully integrated and optimized network of two or more fulfillment centers operated in unison to increase sales and customer delivery service levels, which minimizes transportation costs and maximizes inventory optimization’ ~ Jeff Ashcroft.