ivalua
JUNE 24, 2015
Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. Big data is about synthesizing and making sense of information — better and quicker than your competition. Within the manufacturing industry, data can now be gathered quickly in amounts that were unfathomable a generation ago.
Supply Chain Collaborator
JUNE 5, 2015
Are you a logistics/transportation leader who believes that Software as a Service business process automation tools (like cloud TMS, YMS, WMS, ERP, AP/AR and others) have a higher rate of failed implementations than the on-premise alternatives? If so, your fears surrounding SaaS are not based in reality. Rather, they’re likely the product of a challenge common among companies embarking on automation initiatives.
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The Network Effect
JUNE 18, 2015
Yuko Honda/Flickr. Note: This is the next installment in an ongoing series that explores shelf-connected supply networks. In the first post, I asked whether a shelf-connected system was possible with traditional ERP systems. Then I explored how forecasting techniques will need to change. Today I want to discuss the importance of a demand signal repository. .
Supply Chain Collaborator
JUNE 26, 2015
For Third Straight Year Logistics IT Company Earns Top Honors for its Software and Services. June 23, 2015 – Chicago, IL – UltraShipTMS was presented with a Bronze level Stevie® Award in the Best Interface Design category in The 13th Annual American Business Awards gala event in Chicago this week. The UltraShipTMS user site design was the basis of this year’s nomination.
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Supply Chain Collaborator
JUNE 17, 2015
Significant Year-Over-Year Growth Drives Emerging Logistics IT Leader to Ramp Up Staffing. June 17, 2015 – Fair Lawn, NJ – UltraShipTMS is proud to announce the following new hires to its notable bench of transportation and logistics IT expertise. Sherry Brown accepts a position as Director of Product Development, bringing her extensive experience in both logistics and software development to the award-winning UltraShipTMS development team.
Supply Chain Collaborator
JUNE 11, 2015
Front page news from Transport Topics: “ Carriers, Shippers Say Stronger Ties Are Forged by Working Together ”. It seems carriers, shippers and the entire transportation industry are finally getting wise to something logistics IT providers have long known – cross-functional collaboration in supply chain logistics efforts is a win-win scenario for all players involved.
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The Network Effect
JUNE 25, 2015
There’s a great new report out from Chainlink Resarch called “Supply Chain Renaissance” Just what is the supply chain renaissance you ask? The report explores how supply chain management is finally moving beyond modular applications and point-to-point communications to many-to-many networks that enable complex communication across multiple parties in a supply chain.
The Network Effect
JUNE 5, 2015
Chris Lot/Flickr. According to dictionary.com , the definition of ‘collaborate’ is: ‘ to work, one with another; cooperate’. Recently, I received an email from Supply Chain Digest asking me to participate in a survey called ‘The State of Retail and Vendor Supply Chain Relations 2015′ – perhaps you received it too. (As a consultant, I never participate in these surveys as I feel it could taint the results, but I’m always interested in what they’re trying to find out).
The Network Effect
JUNE 5, 2015
Thomas Hawk/Flickr. In my first post , I explained that “the purpose of a DOM system is to intelligently broker orders across the various systems and processes utilized by the multiple parties involved in replenishing an order.” Today I want to give you an example about how DOM makes sense for retailers. Given that retail is in a constant battle to improve margins in the face of stagnant pricing, many retailers have aggressively cut back on inventory levels to save on carrying costs
The Network Effect
JUNE 19, 2015
Karl Baron/Flickr. Today’s highly complex global supply chains truly require a single version of the truth providing full order and inventory visibility. As we have witnessed over the years, ERP systems have promised to provide this platform level capability, but in reality they rarely do. If having an optimized order and logistics operation is a core requirement for your business, ERP solutions simply do not go far enough to provide this type of operating backbone.
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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.
The Network Effect
JUNE 12, 2015
chem7/Flickr. You’re about to learn some depressing news, so first, take a look at the cute Koala above. Ok, ready? Did you know that retailers worldwide are missing out on 7.5% of revenue due to out-of-stocks and overstocks? That translates to $1.1 Trillion… almost as much as Australia’s GDP! This is the big takeaway from IHL Group’s latest research report , but there are several other interesting facts worth noting, such as: The combined wordwide cost of poor merchandis
The Network Effect
JUNE 12, 2015
epSos.de/Flickr. Note: This post was written by Valerie Bonebrake, SVP Tompkins Int. . In the past year, the US Dollar, the Euro, the Pound, the Canadian Dollar, and the Peso, to name a few, have had significant fluctuations across the board. As of this writing the dollar is up 32% against the Euro, roughly half of that against the Pound and others mentioned.
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