March, 2016

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Encouraging (Lean) Innovation in Supply Chain Management

All Things Supply Chain

Did you know that an entire book covering the best way to manage a startup business was written based on key learnings from the supply chain industry, or more specifically, manufacturing processes?

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Pigs Get Fed; Hogs Get Slaughtered

ivalua

This week I attended the Logimed 2016 conference in New Orleans. The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. Like most thought leadership conferences, there were round-table discussions facilitated by a seasoned industry veteran. The first one I attended was a topic on supply base management.

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Top UltraShipTMS Application Developer Named ‘2016 Pro to Know’

Supply Chain Collaborator

Director of Application Development and 10-year Veteran of UltraShipTMS Team Recognized by Supply & Demand Chain Executive Magazine . March 15, 2016 – Fair Lawn, NJ – Supply & Demand Chain Executive magazine, the executive’s user manual for successful supply and demand chain transformation, recently announced the 16th annual listing of ‘Pros to Know’ in the supply chain industry.

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The Future of Analytics in Integrated Business Planning

Supply Chain Trend

According to Wikipedia , prescriptive analysis is – after descriptive and predictive analysis -the third and final stage of business analytics. Gartner plots prescriptive analysis as the final and most difficult stage of data analytics. This article will draw an analogy with the mapping and car industry to suggest that prescriptive analysis as an opportunity to support Integrated Business Planning (IBP) and business optimization, is not a final stage, but just at the beginning of a new planning

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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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7 Habits of a Highly Effective Supply Chain Manager

Supply Chain Opz

The supply chain is evolving more rapidly than ever before due to outside factors such as geopolitical influences, an increase in natural disasters and the proliferation of technology. In such times of change, it is critical to have a supply chain manager in the catbird’s seat to help it navigate resource allocation. In today’s world of finite resources, competent management of time, materials, facilities and human talent means allocating them to the uses that create the highest value.

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Digital Supply Chains: What’s the Big Deal?

The Network Effect

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already. BCG recognizes that the digital supply chain is not new, and it has been productive, but notes that it has failed to deliver on its full potential.

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Stop Settling!

ivalua

I love the series of DIRECTV ads featuring the Settlers, that determined, frontier era family who is living in the suburbs, but refuses to adopt more modern conveniences. They are content to do things the old fashioned way while surrounded by neighbors who have upgraded with the times. A faceless doll, cabbages and foot stomping all serve as satisfying entertainment for this backwards bunch.

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Logistics Metrics You Didn’t Know You Should Be Watching

Supply Chain Collaborator

What if I told you were unwittingly undermining all the time, cost and effort your organization has invested in logistics IT solutions like TMS and optimization tools? What if there were a small, yet easily addressed oversight in your supply chain automation initiatives that was preventing your planning from achieving their full potential? Wouldn’t you want to know about it and take immediate steps to close the gap once it had been identified?

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Communication; the last step in S&OP

Supply Chain Trend

To help your company to execute its strategy, executives need to aspire to implement advanced S&OP. The ultimate goal of S&OP is to plan ahead and provide visibility and support to execute the company strategy. In our busy day to day life we might forget, but communication is an important part of both S&OP and strategy execution. Therefore communication needs to be integrated in an S&OP process.

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Making Sense of New Data in the Supply Chain

Supply Chain Opz

Right now we are seeing a tremendous increase in the amount of data available throughout the supply chain. The problem is, there is so much data that no one really knows what to do with it. Harnessing the power of data is vital for ensuring your supply chain is meeting customer expectations. To get started making sense of all this data, supply chain managers should adhere to the following steps: 1.

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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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Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, because it is inherently enterprise-centric, and can not adapt to meet the challenges of today’s supply chain and consumer behavior. This dissatisfaction has intensified in recent years.

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Do Forecast Algorithms Dream of Electric Sheep?

All Things Supply Chain

In his excellent novel „Do androids dream of electric sheep“ (the movie “Blade Runner” is based on this story) the famous science fiction novelist Philip K. Dick deals with the blurred line between artificial intelligence and humans.

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Are you a Supply Chain Visionary Vick or Laggard Larry?

ivalua

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Each of their presentations was on-point and contained valuable insight by openly sharing best practices and candid conversations about their maturity journey.

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Two Shocking Headlines Reinforce Retail’s Need for Logistics IT

Supply Chain Collaborator

Are there any retailers left who aren’t feeling the urgency behind the need for more and better Logistics IT solutions to help them remain not only competitive, but viable? If so, we’re continuing to cover the seemingly daily news stories about the travails of large retailers and the shifting environment that is wreaking havoc on what were once seemingly unshakable market leaders.

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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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How to Coach in Support of World Class S&OP #2

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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From Floppy to Cloud – The Growing Importance of Logistics in the Cloud

All Things Supply Chain

Did you look at this picture and automatically think about “the good old days”? This may be because the first floppy disk was introduced to the market in 1971, which means it is celebrating its 45th birthday this year.

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Transport Topics Interview Subjects Get it wrong on Cloud Logistics

Supply Chain Collaborator

A recent article by Transport Topics’ Seth Clevenger inadvertently underscores the extent to which many transportation departments are way behind the times when it comes to the use of technologies for supply chain logistics management. The article, “ Execs Weigh Pros and Cons of Cloud Computing ” was a short piece long on misguided ideas about why, when and how to leverage logistics IT solutions.

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The Future of Transportation: The New Airships

The Network Effect

The Hindenburg over Manhattan, New York, 1937 (courtesy Associated Press). An “airship” is a lighter-than-air aircraft capable of traveling under its own power. When thinking of airships, or “skyliners” as they were often called, it’s difficult not to be overwhelmed by visions of the Hindenburg going down in flames in Lakehurst, New Jersey in 1937.

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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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Three New Challenges All Organizations Need to Meet

The Network Effect

The growth of eCommerce, the evolution of consumer expectations, and the globalization of eCommerce have resulted in many changes in the requirements of retail supply chains. These changes in requirements demand that retail supply chains handle more volume, quicker, and around the world. Supply chains are at a crossroads to either constrain an organization’s success or to enable the organization’s profitable growth.

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Atlas Shrugged: Boston Dynamic’s Atlas Robot Tackles Obstacles

The Network Effect

Boston Dynamic’s Atlas robot has made giant strides in recent years, going from cable powered and operated, to an unplugged, free-roaming robot. Its ability to handle unpredictable terrain, obstacles, and recover from falls, has improved dramatically. Take a look… Robots for Every Mission. The possibilities for robots like Atlas are endless.

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The Network Effect - Untitled Article

The Network Effect

As I mentioned in a recent post, Total Disruption on the Horizon , many companies are becoming increasingly disillusioned with traditional enterprise software, and this dissatisfaction has intensified in recent years. In a recent CIO magazine interview, Target CIO Mike McNamara stresses the same point: “We need to get the fundamentals in place and that’s because the stress and strain we put on our supply chain today is very different to what was the case four or five years ago.”

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Total Disruption: Industry Networks

The Network Effect

Ideally a network solution should both be industry agnostic, yet be tailored to the needs of a particular industry. To get the most from the “network effect,” you want as many participants as possible onboard, from as many industries as possible. For example, an electronics components supplier might be on a network supplying parts to an automotive manufacturer.

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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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Total Disruption: The Shape of the New Solutions

The Network Effect

In part 1, Total Disruption on the Horizon , we covered the new demands and stresses pulling apart traditional technology. In part 2, Total Disruption: The Cloud is Not Enough , we looked at some of the solutions that have evolved to cope with these new demands. Now we look at some of the key principles that a solution should adhere to in order to provide maximum and long-lasting value.