February, 2016

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11 Characteristics of Supply Chain Excellence

All Things Supply Chain

The term “excellence” refers to the quality of being extremely good at something.

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Seeking progressive companies willing to embrace a better way; apathetic laggards need not inquire.

ivalua

Sometimes, my frustration with the corporate world gets the best of me and I feel compelled to write about it. Like when some of our prospective customers clearly see a better way, but elect to do nothing, despite months of investigation and a compelling business case for investment. I just cannot relate to any corporate environment that motivates people to accept the mediocrity of the status quo over the advantages of better performance.

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S&OP & behaviours: we got a long way to go

Supply Chain Trend

It is Saturday morning 8.18 am here in Melbourne and I read that River Logic just put me in their top 10 must read Supply Chain blogs for 2016. Of course I’m very pleased and honoured with this. River Logic correctly calls out that ‘my twist’ is a focus on mindset and behaviours in combination with strategy execution and S&OP. I also just realized we still got a long way to go in this area.

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A Great TMS Improves Order-to-Cash Lifecycle

Supply Chain Collaborator

Order-to-Cash (OTC or O2C) describes the set of business processes to transpire between when a customer order is placed and when payment for the delivered order is ultimately received and recorded in the ledger. With lean supply chain/inventory strategies and just-in-time fulfillment at the forefront of contemporary business practices, it has never been more critical to shorten the gap between purchase order and settlement.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Future of Transportation: Samsung’s “Invisible” Safety Truck

The Network Effect

In part 1 of Future of Transportation , we looked at the exciting concept of The Hyperloop. There are some exciting experiments going on with far less exotic technology, technology that has been around for a while and that you probably have in your home right now, but that is being used in creative ways to solve longstanding problems. Samsung’s “invisible” Safety Truck is a perfect example.

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7 Customer Service Books Service Leaders and CEOs Read

Supply Chain Opz

What is the best customer service book out there? We will show you best customer service book that CEOs from service & non service businesses want you to read. Why customer service is more important now? When we talk about customer service, people will usually think about hotel and tourism business or banking business where products are less physical or tangible.

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Sharing is Caring – and also the Future of Logistics

All Things Supply Chain

Monday Feb. 25, 2019, 6:42 am – the alarm is going off. Much too early considering I planned on waking up at 7:00 am.

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How to Coach in Support of World Class S&OP #1

Supply Chain Trend

An S&OP implementation requires many changes, not the least behavioural change. However, there are different behavioural change requirements during S&OP maturity stages. In four posts, four coaching phases will be explained to support leaders with behavioural change in different S&OP maturity phases. These are; Coach to change, coach to sustain , coach for excellence and coach for vision & culture.

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How to Build more Positivity in Your Day: #2

Supply Chain Trend

Ever get caught in negative thoughts? That’s ok, we all do. This is the second post where we explain why positivity matters and give you some tips on how to develop more positivity in your day. When our ancestors were roaming the fields to hunt for food, they had to constantly scan their environment and be prepared for danger at any given moment. They survived by expecting the worse at any point in time and be prepared to fight to survive.

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UltraShipTMS Inbound Logistics Solution Selected by The Bon-Ton Stores, Inc.

Supply Chain Collaborator

NJ-Based Logistics IT Solution Provider Continues Growing its Profile among Retailers. February 17, 2016 – Fair Lawn, NJ – UltraShipTMS announces the latest addition to its growing roster of valued client companies –The Bon-Ton Stores, Inc., a regional department store. The Milwaukee, WI and York, PA based retailer operates 268 department stores across 26 states and has a robust online/ecommerce site.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Upgrade to Driver Payroll Solution Cements UltraShipTMS’s Lead

Supply Chain Collaborator

Improvements to Private Fleet Management Module Boosts Ultra’s Advantage over Competing TMS Solutions’ Recent Forays into Functionality for Shippers Using Common Carriers and Private Fleets. February 10, 2016 – Fair Lawn, NJ – UltraShipTMS announces the release of a significant upgrade to the truck driver payroll portion of its renowned transportation management system platform.

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Amazon and Google Forcing Retailers to Adapt or Perish

Supply Chain Collaborator

It’s not news that the traditional retail industry is in the throes of existential change as they seek to adapt to the rise of online commerce and the omni-channel strategies they’re employing in attempts to retain market share. Here’s some reporting on two recent articles about the major plays being made by titans Amazon and Google and some analysis on what these seismic events portend for the traditional retailer.

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The Financial Impact of Master Data Management

The Network Effect

Image Credit: Flickr user Discos Konfort. Today I wanted to summarize the various topics we’ve explored regarding the connection between master data management and your company’s financial health. Remember that your master data is a subset of all the data used across your applications. Focus on the master data which can be used to drive differentiated business outcomes and related business process improvements across your supply network.

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Retailers’ Advantage Over Amazon

The Network Effect

Robert J. Bowman at Supply Chain Brain has an interesting article on how retailers can take on Amazon, by using the one thing they have in their favor that Amazon lacks. —-. The outsourcing of logistics is supposed to save businesses big money. They pay only for the services they need; they turn over complex operations to a pro, and they get expensive assets off their books.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Total Disruption: On the Horizon (Part 1)

The Network Effect

Disrupt – shatter, separate forcibly, interrupt flow or continuity. ( Concise Oxford English Dictionary , 7 th edition, 1982, Oxford University Press.). Major disruption is on the horizon. We’ve seen major technology shifts many times before, but this time it’s different. What we are about to witness is a two-fold disruption, a seismic shift and an aftershock.

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Total Disruption: The Cloud is Not Enough

The Network Effect

In part 1 , we looked at the problem traditional technology faces in today’s globally, connected environment. This week we take a look at some of the solutions that have arisen in response to the challenge. A number of solutions have evolved to meet these new challenges, but essentially they boil down to three different types. Hosted Applications – Many vendors have moved their applications into the cloud.

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Philosophy

The Network Effect

Tony Dungy is a legendary NFL football coach and one of the most respected figures in professional sports. Dungy has a coaching philosophy that produced some great teams, a Super Bowl win and a key to the front door of the Football Hall of Fame in Canton, Ohio. Dungy however, had waited and labored hard to get his first big coaching break. For 17 years he paid his dues as an assistant coach – first at the University of Minnesota, then with the Steelers, followed by the Kansas City Chiefs, and

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The Importance of Network Design to Consumer Packaged Goods (CPG) Company Supply Chains

The Network Effect

A customer shops the refrigerated section of a supermarket. Her satisfaction depends on the efficiency of the supply network. It is important to recognize that a Consumer Packed Goods (CPG) company’s network determines its supply chain efficiency and customer satisfaction. Designing an optimal supply chain network means the network must be able to meet the long‐term strategic objectives of the company.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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The Importance of Network Design to Consumer Packaged Goods (CPG) Company Supply Chains

The Network Effect

A customer shops the refrigerated section of a supermarket. Her satisfaction depends on the efficiency of the supply network. It is important to recognize that a Consumer Packed Goods (CPG) company’s network determines its supply chain efficiency and customer satisfaction. Designing an optimal supply chain network means the network must be able to meet the long‐term strategic objectives of the company.

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10 Managerial Accounting Books Top MBA Programs Use

Supply Chain Opz

Are you searching for a managerial accounting book to slash the rising costs? We will show you 10 managerial accounting books actually used in top MBA programs. Background Managerial accounting or management accounting has been the unsung hero for both accounting managers and non-accounting managers alike. Unlike financial accounting which focuses on reporting of financial data to outsiders, managerial accounting helps company to understand its cost structure of particular product, process or de

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