2018

Five Ways to Fix Statistics in Supply Chain Research

SCM Research

The p value debate has revealed that hypothesis testing is in crisis – also in our discipline! But what should we do now? Nature recently asked influential statisticians to recommend one change to improve science. Here are five answers: (1) Adjust for human cognition : Data analysis is not purely computational – it is a human behavior. So, we need to prevent cognitive mistakes. (2)

2018: What Will It Look Like?

Supply Chain Insights

I hate prediction articles. However, this morning over coffee, my fingers hunger to write this post. I am not sure why. It may be that I am growing tired of hubris and market hype.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. A supplier in Mexico mixes up two similar parts. An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building.

We Have Lift Off!

The Logistics of Logistics

The Logistics of Logistics magazine has officially launched! While, Elon Musk and his SpaceX crew launching a Tesla into space got a little more press than our launch, my merry band of collaborators and I are thrilled none the less. So Why Launch a Magazine?

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.

More Trending

Is Walmart’s OTIF Mandate Good News After All?

CHAINalytics

| By Pieter Bauwens | Principal, Europe | Chainalytics | How the new policy presents an opportunity for more fact-based decisions when interacting with retailers.

Reality Check: Why It’s Impossible to Manage an Entire Supply Chain Using the ERP Alone

Take Supply Chain

Why Every Supply Chain Function from Procurement to Accounts Payable Will Perform Better if You Have an ERP Orchestration Engine (i.e. true Supply Chain Orchestration Platform). ERPs claim to provide process orchestration.

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Finance and supply chain operations: Can IBP bridge the gap?

The 21st Century Supply Chain

by Alexa Cheater It’s no secret these two groups don’t always see eye-to-eye. Finance and supply chain operations—both have a huge impact on your company’s bottom line, but oftentimes there’s conflict between these two organizations, especially when it comes to the numbers.

How to Measure Inventory Health

ToolsGroup

Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

FMCG Supply Chain: What is your 2018 Planning Priority?

Enchange Supply Chain Consultancy

We already find ourselves at 17 th January so not many days left to ensure your monthly top and bottom lines are on target. Good luck with that if your business (& body!) is only just shaking off the holiday excesses. What is top of mind? The sagging month to date sales rate? The slow return to normal of the S&OP meeting schedule? The upcoming corporate audit? Top of mind is where to go on your summer holidays and to get this booked as soon as possible.

This Week in Logistics News (February 5-9, 2018)

Talking Logistics

Our guinea pig Cow died this morning. The kids named him Cow when he was born. He was a tiny little thing when he was born, smaller than the palm of your hand.

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

Cerasis

Warehouse managers face many challenges. Customers need to get the products they order. Employees deserve an enjoyable, rewarding work environment. Vendors need to have access to the latest inbound freight routing guides and more.

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Blockchain Basics Webinar

The Logistics of Logistics

Beyond Buzzwords – An Introduction to Blockchain for Business Leaders. With all the buzzwords flying around, it can be difficult to separate Blockchain hype from business reality.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.

Bright and Shiny Objects?

Supply Chain Shaman

This month, I traveled the globe helping companies understand the potential impact of technology innovation on the future of supply chain processes, I find the term “digital innovation” is a bit like tulip mania. How so? It is a fad sweeping across supply chain leadership teams.

Is it time to finally retire your spreadsheets?

AIMMS

According to a recent Wall Street Journal article , finance chiefs are cutting back on Excel because it hasn’t “kept up with the demands of contemporary corporate finance units.”

2018 Prediction Deep Dive- The Supply Chain Talent Perfect Storm Intensifies

Supply Chain Matters

Supply Chain Matters provides a deep-dive perspective on the ten outlined 2018 Predictions for Industry and Global Supply Chains unveiled in mid-December. In this installment, we dive into 2018 Prediction Four: The Supply Chain Perfect Storm Intensifies.

Are Inefficient Practices Affecting Your Supply Chain?

CHAINalytics

| By Jacqueline Quirk | Consultant, Supply Chain Operations | Chainalytics | Accelerated growth and expansion of your portfolio are often considered factors of success for your business. Yet, this success is not exempt from growing pains, especially as it pertains to your warehousing and product distribution.

The Modern Supply Chain: Present and Future

The external manufacturing environment is a highly dynamic, ever-changing landscape. The supply chain must both anticipate and adapt to that change.

Making Cents Out of Demand Sensing

Logility

As a supply chain professional, we need to consider how actions in one part of the supply chain affect both upstream and downstream operations. This is especially true for those that work in and manage the demand planning process. Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics.

8 steps for a successful business case for your supply chain investments

The 21st Century Supply Chain

by Dr. Madhav Durbha Over the years I’ve had the opportunity to engage in or witness the process organizations go through to prepare business cases in support of supply chain investments, from the successfully crafted and executed, to those that fail to gain traction.

Supply Chain Transparency: Blockchain to the Rescue?

Inventory and Supply Chain Optimization

As pointed out by Chloe Cooke in her 2017 wrap-up post on this platform in December, it has been a while since we addressed the topic of supply chain transparency.… … Supply Chain Management Transparent Tuesday supply chain transparency

FMCG Supply Chain dates to remember: Advanced Planning

Enchange Supply Chain Consultancy

February is here but blink and you will miss it as it is not a leap year. You cannot change January performance and February should be quite firm by now, so you need to be looking further ahead in your S&OP. Much further ahead. FMCG Dave Jordan S&OP Forecasting & Demand Planning Integrated Business Planning

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Balancing Priorities in the Supply Chain: How Data Discovery Reveals Unseen Associations and Opportunities

Leading companies are constantly managing competing supply chain priorities.

Supply Chain Control Towers: Visibility, Collaboration, and Optimization

Talking Logistics

One of my predictions for 2018 is that Supply Chain Visibility Will Get Clearer, More Real-time, and More Predictive with Machine Learning and Enhanced Data this year. A big part of this trend is the continued evolution of Supply Chain Control Towers. Where is this technology today compared to the past? What factors are driving demand for it? How are companies deriving value and benefits from digital supply chain control towers?

The 6 Top Supply Chain Trends to Make Supply Chain Managers the Hero of Their Company

Cerasis

Supply chain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations.

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3 Types of Risk That Will Impact Supply Chains in 2018

Supply Chain @ MIT

As we head into 2018, what potential disruptions do supply chains face and how can companies manage these risks over the coming year? It’s impossible to know for sure how supply chains will be disrupted in 2018, but we can prepare for the worst by learning from the past.

Omni-Channel Order Management Growth Drivers

Logistics Viewpoints

Omni-channel order management is essential for today's changing business environment. While integration issues abound, the market for OMS is poised to grow. This is due to a combination of factors including cloud deployments, increased use of ship from store, and artificial intelligence. The post Omni-Channel Order Management Growth Drivers appeared first on Logistics Viewpoints. Omni-channel logistics omni-channel order management supply chain

The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.

Seven Reasons to Attend the Supply Chain Insights Global Summit

Supply Chain Insights

This week, we celebrate the sixth anniversary for Supply Chain Insights. I never wanted to start the company, but when Gartner bought AMR Research, I thought the market needed an alternative. We provide focused and independent research for the business leader. While other research companies write for Information Technology (IT) organizations, our focus is the business leader. We help companies seeking first mover advantage.

A Major Blockchain Announcement Involving Global Shipping

Supply Chain Matters

Supply Chain Matters highlights a side panel reinforcement to our just published 2018 Predictions Deep Dive- A Shifting of Priorities for Digital Transformation and Supply Chain Tech Investments. We highlight a significant joint announcement made this week regarding the potential broader application of Blockchain technology in global shipping processes. Blockchain Technology Procurement and Sourcing Supply Chain Technology Transportation and Logistics A.P.

Low-Tech Solutions Shine in the Modern Supply Chain

APICS

Simple, low-tech solutions can shine in the modern supply chain

Ushering in the Era of Insights-Driven Supply Chain

ModusLink Corporation

Expectations are higher than ever due to new technology that makes shopping bigger, better, faster and easier. These rising demands have caused brands to think about how to leverage technology in a way that delivers a top-tier consumer experience from start to finish.

Machine Learning: A Quantum Leap in Forecast Accuracy for the Modern Supply Chain

Whether you realize it or not, Machine Learning is having a profound impact on your everyday life.