May, 2018

This Week in Logistics News (May 14-18, 2018)

Talking Logistics

Removing the barriers to optimized distribution planning

Quintiq

After a half-decade of plummeting prices, the oil & gas industry can breathe easy once again as prices begin to rise. While the pressure to drastically reduce costs has eased, the need for cost discipline should not be cast aside.

Taking a Self-Healing Supply Chain Stance on day one at the Gartner Supply Chain Executive Conference

The 21st Century Supply Chain

by Mike McAllister Register. Greet. That’s always a solid day one at any conference. If you’re lucky (and not too jet lagged), you’ll sneak in an early session or two, and you might even find time for cocktail that evening.

How to make S&OP meetings a highlight in your team’s calendar

AIMMS

Sales and Operations Plan ning has become a standard process to improve business performance, collaboration and predictability. In fact, it’s become internalized to a degree that companies often have several (competing) S&OP pro cesses in different geographies & business units.

Your Supply Chain Probably Has a Data Problem - Start There

Common problems like data access and quality are preventing you from taking the first step towards transformation. Modern visibility providers are putting band-aids on bad data, giving you the ability to make misinformed decisions. Solve the data first.

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This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. But it’s no joke, it’s true.

So, what does sustainability in retail actually look like?

Quintiq

First, it’s important to take a moment to reflect on the word ‘sustainability’, as it has become such a prominent buzzword in today’s world. Sustainability means different things to different people, companies and industries.

Kinexions ’18: A supply chain event that always delivers more

The 21st Century Supply Chain

by Teresa Chiykowski “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” — Charles Darwin. Well said, Mr. Darwin. As the world changes around us, so must the supply chain.

Retail Inventory Management Tips to Get The Most Out of Your Warehouse

Cerasis

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity.

End to End Supply Chain Visibility - Solving The Data Problem

People think end-to-end visibility is simply aggregating data from multiple sources, storing it in one place, and serving it up. That task, though hard, is relatively simple; but more importantly, doesn't solve the fundamental challenge - The Data.

Tesla’s Supply Chain is Broken

Logistics Viewpoints

Tesla Chief Executive Elon Musk dodged questions from financial analysts about the electric car maker’s condition last week on its earnings conference call. Musk refused to answer questions on Tesla’s capital requirements, saying “boring questions are not cool.” ” The Business Insider reports that Cowen analyst Jeffrey Osborne dubbed Wednesday’s call, in which Musk talked of “barnacles, flufferbots, and bonehead bears,” surreal.

Why Do Control Tower Implementations Fail?

The Network Effect

With many companies implementing control towers, why do so few deliver on the promise of end-to-end visibility and control? The post Why Do Control Tower Implementations Fail? appeared first on The Network Effect.

Combating Intermodal Market Challenges & Costs

Talking Logistics

It’s both an interesting and rather chaotic time in the intermodal market. The electronic logging devices (ELD) mandate is in full effect, and there have been some widespread market changes as a result.

CfP: Participating in the Wider Debate on Resilience

SCM Research

The Journal of Business Logistics has a call for papers for a Special Topic Forum on Participating in the Wider Debate on Resilience (PDF). Submissions are due: June 1 st , 2019. The editors for this JBL Special Topic Forum are Andreas Wieland (Copenhagen Business School) & Christian F. Durach (ESCP Europe Business School). Research Article Journal Resilience Supply Chain Management

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Removing the 3 Barriers to Building a Predictive Supply Chain

Machine Learning and AI are not magic bullets to solve all supply chain problems. Despite many software companies slapping AI on everything the reality is that there are a lot of hurdles to overcome before AI can be effective. Learn how to leap them.

What does GDPR mean for your supply chain?

The 21st Century Supply Chain

by Nazli Erdogus The EU’s General Data Protection Regulation (GDPR) is the most important change in personal data privacy regulation in 20 years. It’s aimed at tech giants and small and medium enterprises alike.

“Digital Transformation” and Supply Chain Planning

ToolsGroup

Here is the scenario. The C Suite says it wants “digital transformation". Your company has an older supply chain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s.

How to Compete with E-Commerce Giants

PLS Logistics

Today it seems like e-commerce giants are taking over the industry. It is possible for small and mid-sized companies to compete with these e-commerce companies with a little bit of creativity, a strong supply chain and great customer service. Companies like Amazon can often seem difficult to compete with, but following these helpful tips can help your business stand out among these companies and bring in customers. e-commerce

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The Most Common Supply Chain Fallacies

Logistics Viewpoints

This article describes the five most common fallacies surrounding supply chain management. Some of these are fallacies that have been around a long time and never seem to go away. Others are more recent in origin. The post The Most Common Supply Chain Fallacies appeared first on Logistics Viewpoints. Learning & Leadership fallacies supply chain

Connecting Supply Chain Planning to Profitability

What collaboration between supply chain and ?nance can achieve.

This Week in Logistics News (April 30 – May 4, 2018)

Talking Logistics

I heard this trivia question on the radio this morning when I drove my son to school: This product was invented in Pittsburgh, PA fifty years ago and it consists of seven parts working together. According to a 2007 report, one of these products is sold every 17 seconds in the U.S. –

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The Role of Circular Supply Chains in the Circular Economy

SCM Research

The circular economy is gathering momentum: In the future this model will, for example, mean that smartphones will not be sold and consumed anymore, but companies like Apple and Samsung will then keep scarce resources and sell a smartphone service to users instead of a product to consumers. These users will then be required to bring back the phone after a specified amount of time. California Management Review has now published a special issue on the circular economy.

How the Supply Chain Can Improve Healthcare for All

Logility

As someone on the tail end of the Baby Boomer generation, I have a vested interest in the life science industry’s focus to improve both products and services.

Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

Cerasis

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

Increasing Supply Chain Visibility and Security

Securing the supply chain starts with having visibility into the status of your assets, but this requires more than GPS coordinates on a map, because security isn’t just about preventing theft. Your assets don’t just need to arrive at their destination. They need to get there on time and untainted by heat, moisture, or physical shock.

When To Replace Your TMS System

PLS Logistics

Deciding when you should replace your transportation management system (TMS) can be tricky. You don’t want to wait until the software begins to hold you back and affects the visibility of your supply chain. Many companies TMS’s enable some planning, optimization and routing tasks. Many new systems are delivering so much more than what is necessary to help make your job easier.

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How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 out of 5.0, leaving money on the table due to poor inventory performance.

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Big Data in Logistics

Talking Logistics

There are many buzzwords in the supply chain and logistics industry today, and perhaps there’s none bigger than “Big Data.” Everybody talks about it, but what does Big Data really mean? When it comes to leveraging Big Data effectively in your organization, where do you begin? How do you apply it and what are the challenges and benefits? Those are some of the questions I discussed with Bob Daymon, Senior VP of Operations at Transplace , in a recent Talking Logistics episode. What is Big Data?

Siemens Commits to Additive Manufacturing

Logistics Viewpoints

Additive manufacturing has certainly gotten a lot of press over the years. In the supply chain space, the idea that inventory costs could be slashed by committing to additive manufacturing has been touted. In manufacturing, a common idea is that additive manufacturing can create more sustainable products by not lathing away materials that are wasted. But reality is beginning to catch up with rhetoric.

Real time analytics for your S&OP Meetings?

If you aren't running a well-oiled Sales & Operations Planning process with the added benefit of sophisticated supply chain analytics & optimization - you are probably leaving major revenue and margin opportunities on the table. S&OP has become a standard process to improve business performance, collaboration and predictability. Ready to take things to the next level? This Guide offers insights into where commonly used technologies fall short, and what you should look for to get more value from S&OP using analytics. Download the buyer’s guide for S&OP.