August, 2018

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Supply Chain Transparency Increases with IoT Adoption

All Things Supply Chain

When it comes to overall visibility and transparency in the supply chain, there’s a perfect storm brewing.

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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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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.

Budget 100
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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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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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EazyStock on The Freight Project Podcast by Cerasis

EazyStock

EazyStock recently appeared on The Freight Project Podcast hosted by Marketing Manager Adam Robinson at Cerasis to address the most pressing challenges that inventory managers face. On this episode, EazyStock Marketing Specialist Margaret Bendis introduces what defines inventory management and what red flags to watch for in your inventory, how inventory management affects the entire supply chain, what digitization is doing for inventory management, and how inventory management supports omnichann

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Why Warehousing Matters

The Network Effect

There are few people today who believe that warehousing is simply a storage function – but many still have logistics. The post Why Warehousing Matters appeared first on The Network Effect.

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Digital Orchestration of Your Supply Chain Requires “3-D” Orchestration

Supply Chain Action Blog

There is a lot of buzz about the “autonomous” supply chain these days. The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective.

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Article: How Spot Quote Automation Savings Pay for Your Entire TMS

Supply Chain Collaborator

What if I told you that you could save enough money in one month on your spot market shipping to pay for an entire year of TMS platform subscription fees? I know it sounds crazy, but it’s true. Here’s the proof. Read the Article. The post Article: How Spot Quote Automation Savings Pay for Your Entire TMS appeared first on UltraShipTMS.

Bidding 99
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4 Smart Supply Chain Strategies for Boosting Customer Experience

Solvoyo

This is the best of times and worst times for retail. On one hand, online sales taking retail to new frontiers by offering endless choices from […]. The post 4 Smart Supply Chain Strategies for Boosting Customer Experience appeared first on Solvoyo.

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7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory t

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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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Fighting Fake Drugs in the Pharmaceutical Supply Chain

The Network Effect

With the lucrative profits to be made from fake pharmaceutical drugs, even more than in the narcotics trade, fake drugs. The post Fighting Fake Drugs in the Pharmaceutical Supply Chain appeared first on The Network Effect.

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Loading the supplier dice in the procurement process

Claritum

Claritum Article - Procurement Blog. Contents. Introduction. 1. Eliminating or reducing competition. 2. Biased supplier selection. 3. Biased contract negotiation. 4. Low bid with knowledge that over or false payments can be extracted. 5. Does that capture the problem? Introduction. The expression of loading the dice refers to the extra weight on the inside of a loaded die that causes the opposite side of the weighted side to come up more often.

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Ava Ex Machina and the Retail Supply Chain

Supply Chain Action Blog

There is a lot of buzz about the “autonomous” supply chain these days. The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective.

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What to Expect When You’re Expecting (to Buy a TMS Solution)

Supply Chain Collaborator

Selecting a TMS solution is a lot like having a baby. Particularly for those organizations that have not yet dipped their toes into the waters of logistics automation. Not only must one think about the near term needs of infancy, but also how things will change as the fledgling solution grows and matures. . Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that a

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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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Come See Famous Guitars and Meet the TMS Stars at CSCMP in Nashville

Supply Chain Collaborator

Coming to the CSCMP Edge Event in Nashville in the Fall? Take advantage of the opportunity to meet with leaders from UltraShipTMS in the Sponsor’s Lounge. Click the image below to reserve your space today! The post Come See Famous Guitars and Meet the TMS Stars at CSCMP in Nashville appeared first on UltraShipTMS.

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“See Famous Guitars and Meet TMS Stars” at CSCMP EDGE Conference at the Gaylord Opryland Event Center in Nashville

Supply Chain Collaborator

UltraShipTMS Hosts the CSCMP EDGE Conference Sponsors’ Lounge with Private Viewing of Rare & Vintage Guitars from the Gallery of Iconic Guitars. Fair Lawn, NJ – August 6, 2018 – UltraShipTMS is underwriting the EDGE Sponsor’s Lounge at the Council for Supply Chain Management Professionals’ annual event and using the space to host a “ See Famous Guitars and Meet the TMS Stars ” promotion.

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Come See Famous Guitars and Meet the TMS Stars at CSCMP in Nashville

Supply Chain Collaborator

Coming to the CSCMP Edge Event in Nashville in the Fall? Take advantage of the opportunity to meet with leaders from UltraShipTMS in the Sponsor’s Lounge. Click the image below to reserve your space today! The post Come See Famous Guitars and Meet the TMS Stars at CSCMP in Nashville appeared first on UltraShipTMS.

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The Potential for Proven Analytics and Planning Tools in Healthcare Delivery

Supply Chain Action Blog

I’ve spent time in a hospital. I was well cared for, but I didn’t like it, and I worried about the cost and how well I would be able to recover (pretty well, so far!) Also, my daughter is a doctor (obviously takes after her mom!), so healthcare is obviously an area of high interest for me. To say that managing a large, disaggregated system such as healthcare delivery with its multitude of individual parts, including patients, physicians, clinics, hospitals, pharmacies, rehabilitation services,

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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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The Potential for Proven Analytics and Planning Tools in Healthcare Delivery

Supply Chain Action Blog

I’ve spent time in a hospital. I was well cared for, but I didn’t like it, and I worried about the cost and how well I would be able to recover (pretty well, so far!) Also, my daughter is a doctor (obviously takes after her mom!), so healthcare is obviously an area of high interest for me. To say that managing a large, disaggregated system such as healthcare delivery with its multitude of individual parts, including patients, physicians, clinics, hospitals, pharmacies, rehabilitation services,

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Guardian of the Supply Chain Part 2: Control Towers and Network Platforms

The Network Effect

In part 1 of Guardian of the Supply Chain, we looked at how Imperial Logistics is using a blockchain-enabled control. The post Guardian of the Supply Chain Part 2: Control Towers and Network Platforms appeared first on The Network Effect.

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The Enterprise Journey to Blockchain (Part 4)

The Network Effect

In Enterprise Journey to Blockchain Part 1 I discussed the threat of disruption that blockchain poses to many companies today. The post The Enterprise Journey to Blockchain (Part 4) appeared first on The Network Effect.

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What is the Best Statistics Book?

Supply Chain Opz

Is statistics too hard for you to understand? This article will use systematic data collection method so we can identify best statistics book even CEOs read. The Importance of Statistical Thinking Statistics has become one of the most important decision-making tools since the 1980s. The statistical thinking was embedded in many business practices such as TQM (total quality management), lean manufacturing and 6 Sigma.

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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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What is the Best Management Accounting Book?

Supply Chain Opz

Are you looking for ways to cut costs and improve profit margins? In this article, we will create the list of best management accounting book you should read. What is Management Accounting? Management accounting or managerial accounting is one of the most powerful tools for managers at all levels to control the rising costs. In contrary to financial accounting which focuses on external reporting, management accounting provides you with costing data that help you to make the right decision at the

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Wahooti extend contract

Claritum

Claritum Article - Procurement Blog. Wahooti extends their contract with Claritum. Wahooti has extended their contract with Claritum for a further 3 years. Arguably one of the most innovative businesses to be found in the city of London, Wahooti support UK and international clients such as AMVBBDO and WPP group, SapientNitro and WeWork to name a few. “Claritum’s cloud based platform has consistently supported us with providing our customers with a comprehensive self-service catalogue

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Tariffs Just the Latest Reason to Implement a TMS Solution

Supply Chain Collaborator

As if you needed another reason to embrace the cost-saving, capacity-finding, efficiency-boosting, customer-pleasing benefits yielded by the use of a well-designed and deployed TMS platform – the Trump Trade War and associated tariffs add another unexpected cost to already-squeezed transportation budgets. Few industries are feeling the pinch of tariffs more than food production.