January, 2016

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Supply Chain and Logistics Trends 2016

All Things Supply Chain

Being innovative, shaping change – this guiding theme of the LogiMAT 2016 is a rough outline of what will await us in the coming year.

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Are you ready to be the manufacturer of the future?

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As the New Year approaches, there will no doubt be a lot of talk about the ‘ manufacturer of the future ’. The world of manufacturing is quickly evolving, driven by production modernization, materials innovation, big data, and a new type of workforce. Such change is pushing manufacturers (and their solution providers) to reinvent nearly every aspect of their businesses from demand sensing to the plant floor, logistics, sourcing, supplier management, and financial management.

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How to Build More Positivity in Your Day: #1

Supply Chain Trend

Ever get caught in negative thoughts? This is the first of two posts where we explain why positivity matters and share some tips on how to deal with negative thoughts to develop more positivity in your day. In our busy day to day lives, our mind wonders of frequently in to distracting thoughts. It can simply be about our shopping list, our next business meeting or a crucial conversation we had yesterday.

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10 Greatest International Business Books Ever Written

Supply Chain Opz

Are you targeting overseas customers and need to know some basics? This article will show you international business book to help you expand business globally. Background There are so many reasons why people would like to go overseas. A company may start small by trying to find overseas suppliers in order to reduce purchasing costs. When they can scale the volume, they may try to set up a manufacturing facility in low cost country.

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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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9 Headlines Striking Fear into Shippers Lacking a Strong TMS

Supply Chain Collaborator

These 9 headlines culled from Transport Topics over the first three weeks of 2016, coupled with the emerging economic slowdown should give pause to all shippers. A trusted leading indicator and bellwether for the macro-economy, transportation presages the fates of the broader economy; and it seems the outlook is very negative for transportation in 2016 across all modes.

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The Future of Transportation 1: The Hyperloop

The Network Effect

An artist’s rendition of a Hyperloop pod in a dock. (Used with permission of Hyperloop Technology. This weekend, at Texas A&M University, there is a competition unfolding that promises to change the future of transportation. SpaceX Hyperloop Pod Design Weekend is being held January 29-30th at Texas A&M. . The competition to design a Hyperloop pod includes over a 100 teams and 1000 students.

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Supplier Collaboration and Coordination. Who’s Your Role Model?

ivalua

As manufacturing executives continue to chart the future course of their companies, they often focus on reinventing the production line, improving the speed of innovation, evolving the skill sets of their labor force, achieving operational excellence, and so forth. But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork.

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The Potential of Block Chains for Finished Vehicle Logistics

All Things Supply Chain

The finance industry has been jolted by bitcoins. No. Let´s say, it has finally (after six years) recognized the potential of the cryptocurrency, and the importance of the technology behind it – block chains.

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The Amazing Supply Chain of the Red Carpet

All Things Supply Chain

Some of you might have already watched the seventh episode of the iconic film series Star Wars (don’t worry, this article is spoiler free!).

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Here we go, Pittsburgh.

ivalua

“You just go and lay your hand. On a Pittsburgh Steelers fan. And I think you’re gonna finally understand”. Charlie Daniels, In America. The NFL postseason is upon us and there’s nothing quite like the feeling of anticipation leading up to a Pittsburgh Steeler’s playoff game. OK, I’ll concede that we got lucky this year with some much appreciated assistance from the Buffalo Bills, but we’re in the playoffs and that’s all that matters.

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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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Retailers and Food Shippers Face Similar “Change or Die” Dynamic in Logistics

Supply Chain Collaborator

What is the commonality between retailers and food shippers when it comes to surviving the rapid evolution of the business environment wrought by the widespread adoption of new and emerging sales and delivery strategies? Hint: just as technology is fueling the rapid pace of change, it is also the driving force behind the success of companies succeeding at remaining relevant amidst a sea change in how consumers interact with the businesses they frequent.

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FSMA Rules Make 2016 ‘Year of the TMS’ for Food Shippers

Supply Chain Collaborator

2016 is shaping up to be the ‘Year of the TMS’ for food shippers – organizations involved in the production, processing, sales, delivery and purveying of food and beverages. 2016 will mark the point in time at which agricultural producers, food product manufacturers, restaurant chains and other large volume food shippers come to terms with the acute need for logistics IT solutions.

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Experts Show How to Revamp Supply Chain Organization

Supply Chain Opz

How to improve the efficiency of supply chain organization? Leading experts will tell you how to improve a team and create the positive changes that stick. 1. Ian King, Manufacturing Growth Lead at EEF, the Manufacturers’ Organisation Given the global nature of many of today’s supply chains, understanding cultural differences can be key. Every nation has different practices and ways of behaviour - if we want a successful, well-oiled supply chain we need to tailor our systems and process to suit

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Experts Advise How to Manage Project Procurement Process

Supply Chain Opz

How to bring project procurement process to the next level? Experts will explain techniques you should use, actions you should take and mindset you should have. 1. William Pegg, Director, Synthesis Group When running a project, the procurement process has to be flexible. Ask yourself, what is the business case and what does the project hope to achieve?

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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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Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Developing supply chain risk mitigation strategy can be a time consuming task. To tackle risks timely, we invite experts to explain what strategy really works. 1. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks.

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Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Business environment changes quickly. Then, executives need supply chain technology to stay ahead of the game. But what technologies we should pay attention to? 1. Mike Skinner, Vice President, CLX Logistics Technologies Without question, one of the most significant game changing technologies in the past 12 months and looking forward at the next 18 months is TMS – to which you say “big deal” and I say, “true plug-and-play (SaaS/Cloud) global TMS integrated with global trade and customs execution

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The Titan Challenge

The Network Effect

Online Shopping (Courtesy of Flickr user robbertjnoordzij.). We’ve discussed the Titans in terms of the individual categories of Omnichannel, Customer Centricity and Cross Border Commerce. Now it is time to bring it all together in a list we call “The Titan Challenge” – combined performance in all three categories. The opportunity in crossborder commerce changed dramatically with little notice when Alibaba initiated Tmall Global in 2014, after the Chinese government established free trade zones

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Sharing the “Best Version of the Truth” to Trading Partners

The Network Effect

Image by Flickr User Adam Grabek. Note: This is the latest in a series of posts that discuss how your companies master data management strategy (MDM) has a direct relationship to your company’s fiscal health. In my last post, I discussed how to bring visibility and reliability to enterprise data. Today I want to discuss how MDM can help you share the “best” version of truth to your trading partners.

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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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7 Team Building Books That Leading CEOs Actually Read

Supply Chain Opz

Do you know what team building books CEOs actually read? This article will show you 7 greatest team building books that deserve a space on your bookshelf. Team Building Basics Team building is the lifeline of companies in virtually every industry (unless you are a solo entrepreneur who works alone and will always work alone). To create outstanding products and services that wow the customers, most modern organization must embrace some fundamental rules of team building such as goal setting, team

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7 Business Statistics Book CEOs Think You Should Read

Supply Chain Opz

What is the best business statistics book in the age of big data? In this article, we will show you 7 business statistics books CEOs think you should read. Background Statistical thinking as in total quality management and six sigma has been around for quite some time. When more diverse sources of data and data volume are available more readily, many businesses find it overwhelming to make sense of these data.

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Is Supply Chain Management the Right Career for You?

Supply Chain Opz

By 2018, supply chain career will be in high demand with 1.4 million jobs. To know if supply chain management is right for you, ask yourself these questions. 1. Are you committed to supply chain management? On social networks, there are lots of questions about supply chain management from people who are looking for job changes and this is normal. However, these questions lead us to believe that many career changers are not serious about supply chain management, for example, - I got a degree in c

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Preliminary Insights About 2015 Holiday Season: What Happened to the Retailers?

The Network Effect

By Tompkins International Staff. Image Credit: Flickr user Queen Bee. As the data on sales continues to be made public by retailers of all types and sizes, we can expect debates at this month’s NRF conference, and way beyond, about what happened over the 2015 holiday season. We are pleased to offer some preliminary insights based on our knowledge and experiences serving the industry.

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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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Here are the top automotive inbound supply best practices

The Network Effect

Image by Flickr user Alang7. Note: This is the last in a series of posts on new developments within the automobile supply chain, with examples of best practices. In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , the all important ASN , and international shipping.

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What the effects of push and pull systems on Retail?

The Network Effect

Alan O’Rourke. We’ve already covered the characteristics of pull system here. Today I want to talk about the effects of push and pull. Push systems are particularly devastating to the retail industry. Retailers accept the massive inventory push from their suppliers to drive local improvements such as the following: Retailers choose long replenishment times in return for lower costs to facilitate the highest possible markups.