February, 2016

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The 4 Important T’s of Supply Chain Transparency

All Things Supply Chain

Supply chain transparency remains a hot industry topic, which is why we created this Transparent Tuesday series. The topic covers a wide breadth of issues, and transparency projects are often associated with sustainability measures.

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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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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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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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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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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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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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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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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 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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