2018

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Supply Chain Transparency: Blockchain to the Rescue?

All Things Supply Chain

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.

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The 13th Annual Health Care Supply Chain Summit, 28th – 29th January 2019, New Orleans

ivalua

Join us at The 13th Annual Health Care Supply Chain Summit 2019. Ivalua is working with many Healthcare organisations such as Select Medical and Maxim Healtcare. We look forward to meeeting you at the event where we will be represented by Ty Levine, our Marketing Director for North America. Here’s a short video of our CEO & Founder, David Khuat-Duy, talking about what makes Ivalua special!

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S&OP 3.0 – The Future of Planning

Supply Chain Trend

Sales and Operation Planning (S&OP) made it’s break through in the 80’s, when Material Requirement Planning (MRP) was the hottest planning methodology around, computer screens had monochrome green letters, our music and dress sense were questionable, and it was common for companies to have a command and control management style. With it roots in the supply chain, this S&OP 1.0 had a strong focus on supply chain performance like improving customer service, decrease inventory and drive ass

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3 Ways a TMS Platform Offsets Inflated Shipping Costs

Supply Chain Collaborator

“Companies Spent a Record $1.5 TRILLION on Shipping Costs in 2017” blares the headline from the Wall Street Journal Logistics Report article. Up a whopping 6.2% from the year before, shippers have been absorbing the costs of rising interest rates and labor costs, higher fuel costs, and soon, high tariffs on imported goods. The pace of cost increases is unsustainable.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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How AI, Machine Learning and Automation Will Impact Business in 2018 and Beyond!

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published at tenfold.com Permission to publish provided by Ira Padilla. Check out How Artificial Intelligence (AI) Will Change Decision Making for Businesses! We are living in exciting and innovative times with futuristic technology literally at our fingertips. But for the longest time, small to medium sized businesses were not serviced by the latest tech trends enterprises have been able to benefit from.

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What is the Best PMP Book?

Supply Chain Opz

Are you planning to take the PMP exam and looking for best PMP resource? We will compare 4 major exam prep and show you which one is the best PMP book to read. 4 Best PMP Books Compared There are at least 3 ways to prepare yourself for the PMP exam, namely, online training, on-site training and PMP exam book. In our opinion, you should consider PMP exam prep book first so you can familiarize yourself with terms, method, and process.

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EazyStock vs your ERP: Who wins the inventory management battle?

EazyStock

?. One of the most common questions we receive is “We already have an ERP inventory module. Why do we need EazyStock?” Who could answer better than one of our customers who uses EazyStock with Dynamics NAV? “Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!

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Why Your Supply Chain Needs Blockchain

The Network Effect

How blockchain technology can improve your supply chain Today, there is much buzz about blockchains in various industries. Business leaders. The post Why Your Supply Chain Needs Blockchain appeared first on The Network Effect.

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5 steps for Procurement to impact on financial results

Claritum

Claritum Article - Procurement Blog. Contents. Introduction. Step 1. Remove the noise. Step 2. Address Procurement Strategy. Step 3. Focus Procurement on supplier optimisation. Step 4. Don’t lose Procurement’s focus on costs. Step 5. Keep Procurement up to date. Summary. Introduction. Procurement is a complex multidisciplinary team activity that crosses all areas of the business.

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Emerging Technologies: The Evolution of the Smart Assistant

Jaggaer

Everywhere we turn, there is a constant buzz around new technologies such as artificial intelligence, machine learning, and cognitive intelligence. These emerging trends are expected to revolutionize procurement. According to Supply Management, “Cognitive procurement will drive the Procurement profession forward” and early adopters may certainly gain a competitive advantage.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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The Perfect Supply Chain: Fact or Fiction?

All Things Supply Chain

It’s that time of year: Cupid has his arrow at the ready; people are scrambling to get that perfect card, bunch of flowers, chocolates, presents or restaurant reservations to show…

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Digital Procurement – Pack your bag, you are going on a journey

ivalua

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. CPOs in many organisations have progressed beyond the planning stage, with Ivalua actively working with many of them and supporting their journey. The Hackett Group published this Report, State of Procurement Digital Transformation, Part 1: Value Drivers and Expectations in April 2018 and Lessons Learned by Early Adopters

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Artificial Intelligence – beyond the hype, the experts, its weak spots and losing your job

Supply Chain Trend

In our household we love our Google Home. My girls use it continuously to play music, ask silly questions, jokes, do calculations and spell difficult words amongst other things. I use it to voice command my shopping list, set a timer and book meetings in my agenda. Speeking to and interacting with a little machine in my living room, that has the capacity to both understand and create communication, is a great example of how Artifical Intelligence has infiltrated our lives.

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How to Bend the Transportation Cost-Curve Downward

Supply Chain Collaborator

The data is not news to anyone involved in transportation logistics. Business logistics and transportation costs are rising at a quickening pace, especially for motor freight. The reasons are many – a driver shortage, the ELD mandate, the hot economy, trade wars and rising fuel costs. No matter what the reason, shippers must find ways to bend the cost curve for transportation logistics back downward amidst a very challenging environment.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Blog post originally published by Jason Rosing and Veridian at [link] Permission to publish provided by Jason Rosing. Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks.

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8 Steps to Follow While Doing Cluster Analysis for Smart Decision-Making

Solvoyo

Imagine you are the owner of a modest grocery store in your neighborhood. You know most of your customers in person and you do a pretty good job of fulfilling their demands. After a while, your hardwork pays off and now, you open three new branches in different neighborhoods. It is hard to stay on top of needs of four stores but thanks to more coffee and less sleep, you still rock.

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The Digital Era Has Arrived, and Supply Chains Must Adjust

Supply Chain Brain

It's time for companies to move beyond the age of mass production and consumption — and design supply-chain processes that can serve a customer segment of one.

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Why Ignoring Automated Inventory Management is Killing your Supply Chain

EazyStock

You’ve heard about robots in the warehouse and self-driving trucks, but automation is taking over even more areas in the supply chain. The most surprising? Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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6 Ways AI is Impacting the Supply Chain

The Network Effect

Artificial Intelligence is already enhancing our lives as consumers, now it is picking up momentum in supply chain management and. The post 6 Ways AI is Impacting the Supply Chain appeared first on The Network Effect.

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You Can’t ‘Contract Away’ Supply Chain Problems

SupplyShift

There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. Any company that’s serious about corporate social responsibility, and about the commitment of their customers to their brand, would be horrified to learn that forced laborers are assembling its products or that its palm oil supplier is clear-cutting rainforest to expand production.

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A Toast to Technology this Thanksgiving

Jaggaer

If you’re like many Americans, you’re scrambling with last-minute preparations for the upcoming Thanksgiving holiday. Perhaps you’re just now thinking about the menu items, decorations and supplies you’ll need, the guest list and what side dishes everyone is bringing. To pull off Thanksgiving successfully, you need to rely on many people, hope the stores have plenty of inventory and trust your guests will arrive on time bringing their promised meal items.

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11 Qualities of a Transparent Supply Chain

All Things Supply Chain

Supply Chain Transparency is a phrase that is continuously being thrown around; from an increasing amount of companies pledging to run more transparent supply chain operations to some companies receiving…

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Returns – A Threat to the Bottom Line or an Opportunity to Cut Costs?

Supply Chain Minded

The notion of reverse logistics isn’t new, of course. The function has been around since the Phoenicians began shipping amphorae of wine to Rome in 1,500 BC. Processes have moved on since then but reverse logistics is the conundrum that every company will face at one time or another and how it deals with this issue will determine whether it is an opportunity or threat to the business.

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The self-driving supply chain will need human capability more than ever

Supply Chain Trend

In a bit of an attention-grabbing title – The Death of Supply Chain Management – some pretty well-established supply chain people got away in the Harvard Business Review with a sales pitch kind of article. The main premise of the article is that technology, digitalisation and will take over the supply chain and take peoples jobs. They talk about sensor data, digital control towers, real time data, robotics.

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Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

The spot market is a necessary evil for shippers and when capacity gets tight, shippers more frequently find themselves making deals with the spot market devil. After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. But, it needn’t be that way.

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What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Subscribe Here! Email Address. Check out What’s The Difference Between Logistics and Supply Chain Management? (Infographic). What is the difference between Logistics and Distribution? On the surface some people may consider them synonymous. Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Women in the Workplace – Behind Enemy Lines

Ms. Category Management

Women in the Workplace - Behind Enemy Lines. Read my stories and struggles with other Women in the Workplace and what I've done to overcome them.

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Tariffs and the Electronics Supply Chain: A Perfect Storm?

Supply Chain Brain

A storm in the electronics industry is spreading into automotive, aerospace, healthcare industries and more — just about any supply chain that calls for electronic components.

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How EazyStock Enhances Acumatica ERP Inventory Management

EazyStock

When most inventory/supply chain managers think of their inventory, they think of it in terms of inventory management: how can I get by till the next period? What will I need to order? Inventory management helps a company’s supply chain operations run smoothly, but inventory management often ends up being a time-consuming and frustrating endeavor for most managers.

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Supply Chain Resilience: Surviving Hurricanes, Typhoons, Flooding and Heat Waves

The Network Effect

How a Network can be Your Best Defense in the Face of Mother Nature’s Fury Hurricane Florence is currently bearing. The post Supply Chain Resilience: Surviving Hurricanes, Typhoons, Flooding and Heat Waves appeared first on The Network Effect.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe