This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
An efficient supplychain strategy is one that takes every aspect of your supplychain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Let’s look at some of the best ways to make your supplychain more efficient.
As automation continues to evolve in logistics, two technologies are becoming central to modern delivery methods: autonomous drones and autonomous vehicles. However, each technology serves different purposes within logistics, and the question remains: Which will ultimately shape the industry’s operational structure?
Supplychain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. It’s sometimes misunderstood, but it’s actually integrated into almost all supplychains nowadays in av ariety of different ways.
There are some young supplychaintechnologies that are getting a lot of buzz. But how mature are these technologies? There are also promising technologies that we expect will deliver great value. But we can’t document the ROI or other benefits at this point. Hyped Technologies. Blockchain.
How to Improve Exception Management with End-to-End SupplyChain Visibility. Original article: How to Improve Exception Management with End-to-End SupplyChain Visibility. This is why end-to-end visibility in a supplychain is so important. Shipping Exceptions & Exception Management in SupplyChains.
There are some young supplychaintechnologies that are getting a lot of buzz. But how mature are these technologies? There are also promising technologies that we expect will deliver great value. But we can’t document the ROI or other benefits at this point. Hyped Technologies. Blockchain.
We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.
The following is an opinion article on AI in supplychains, written by Russ Felker , Chief of Technology (CTO) of Trinity Logistics. Artificial intelligence (AI) continues to grow its presence in our everyday lives, businesses, and now, supplychains. AI in SupplyChains: We Need to Change Our Focus.
The COVID-19 pandemic has caused significant disruptions to global supplychains. The pandemic has shown us the fragility of commercial supplychains; it gives us a reason to think about what a disruption to supplychains might have for the outcomes of military operations. SupplyChains.
Attended college at Ringling College of Art & Design in Sarasota FL, where I studied illustration. Before we dig into the “Five Keys to Cold Chain Success”, let’s cover the basics. What is the cold chain? A cold chain is essential because it: Reduces food loss due to spoilage. WMS, TMS, documentation.
If you’re looking to design your own warehouse, you should start by considering these questions: Is your warehouse full of pallets sitting on the aisle instead of up in the racks? Does your warehouse storage and layout design desperately need optimisation? Is your warehouse operation inefficient?
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. million employees without a focus on good supplychain management. When it comes to e-commerce initiatives by Walmart, the Wall Street Journal recently wrote : Wal-Mart Stores Inc.
The SupplyChain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supplychain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supplychain organisation.
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry.
With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supplychain challenges. Submitted proposals are stored in the online supplychain portal.
Like any industry, in SupplyChain and Logistics we have a lot of Acronyms and Abbreviations. 4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supplychain for a client. APS Advanced Planning Systems – Softwaretools that use complex algorithms to optimize supplychain planning.
But, how do supplychain leaders and managers ensure their omnichannel supplychain is working. The answer lies using these omnichannel supplychain metrics to carefully track and improve operations continuously. Other Critical OmniChannel SupplyChain Metrics to Track. Inventory Accuracy.
An ERP system can help a business dramatically improve its processes and remain competitive, but it’s a journey that must be taken with important considerations. There are 6 phases that make up any ERP implementation project: Approach, Discovery, Design, Implementation, Monitoring, and Evolution. What my business case?
Change is the only real constant when managing global supplychains, regardless of the type of goods or any other supplychain attribute; change is driving your supplychain. Internationalize the user interface and documents for local users. Jimmy Dean. Allow for ‘what if’ transportation analysis.
As you may have heard, AIMMS was recently featured in Gartner’s Hype Cycle for SupplyChain Planning (SCP). The Hype Cycle is a great resource for SupplyChain and IT leaders. End-to-End SupplyChain Risk Management. Stochastic SupplyChain Planning. SupplyChain Planning Collaboration.
As you may have heard, AIMMS was recently featured in Gartner’s Hype Cycle for SupplyChain Planning (SCP). The Hype Cycle is a great resource for SupplyChain and IT leaders. End-to-End SupplyChain Risk Management. Stochastic SupplyChain Planning. SupplyChain Planning Collaboration.
While we all think that we measure time in the same way, that can change inside a complex global supplychain. How do you account for Free Time across your global supplychain? For example, I worked with a customer recently who budgeted demurrage at 4% of their transportation spend. Compliance.
Robotic automation, chatbots, and AI technology are more than just the latest fads. These advancements in technology help streamline countless functions and tasks within global supplychain operations and management systems. It all adds up to increased efficiency within the management of all activities. .
Robotic automation, chatbots, and AI technology are more than just the latest fads. These advancements in technology help streamline countless functions and tasks within global supplychain operations and management systems. It all adds up to increased efficiency within the management of all activities. .
In the supplychain sector, just like any industry, we have a multitude of terms that are commonly used.So, I decided to create this list to help you decipher any supply-chain-related terms that you come across for the first time. It is upon such systems that ABC models are generated and maintained.
Does your warehouse storage and layout design desperately need optimisation? Perhaps it’s Time to Review Your Warehouse Design. 1) Understand the Design Objectives and Constraints. It’s also important to document any constraints that will impact your plans to meet those objectives.
Digitalisation is the use of digitization and digital technologies like Blockchain, AI, Machine Learning and Automation to convert your business to a digital business. Digitization and digitalization are about technology whereas digital transformation is about the customer. Some examples and benefits of digitalisation in shipping are.
From bin to bot to truck, we’ve invested in only the best technology to achieve that growth for you. As you navigate the competitive market, the number one thing that can keep your business alive and allow it to thrive is sophisticated software. ShipMonk’s 3PL software , for example, is time-saving automation at its finest.
Increasingly, car makers are asking their suppliers to provide full traceability of parts through the supplychain. Traceability for the automotive industry is a process that documents the genealogy of the parts and subassemblies associated with a specific vehicle or range of vehicles. A robust traceability system.
A 3PL can provide a single service for your supplychain or deliver a bundle of services that extend across multiple aspects of your supplychain. These services work with you to provide visibility to all aspects of the supplychain. Key examples of 3PL: The major functions. Information technology.
Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supplychain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).
Margins for manufacturing firms are under pressure from increasing competition, rising material prices, high labour costs and supplychain disruptions. For example: Your inventory manager likely wants better accuracy of the quantity and location of inventory. Picking (in batches, by expiry date or by location, for example).
For example, customs-related delays are often due to paperwork or procedural errors due to inexperience or neglect. The fees associated with ocean and air freight are complex, and invoices are designed to provide a clear and concise summary of charges. You can see where your shipments are at any time and manage documents in real-time.
Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. But shipping remains an open market and regardless of technology or how far in the supplychain Maersk stretches, it still has 4.1 million TEUs of capacity it must fill.
As a supplychain director, manager, or boss of a multinational corporation, where the supplychain is an integral part of your business, supplychain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for SupplyChain Cost Reductions.
Wondering what the different types of warehouse management systems are? You’re in the right place because in this article you’ll learn: The 4 types of warehouse management systems. How warehouse management systems work. How they’re different from other softwaresystems. What Is a Warehouse Management System?
This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. So let’s talk PLs 1 – 5.
In the omnichannel supplychain , where order accuracy and on-time delivery are paramount, the difference between getting the right product to consumers at the right time and getting a similar product to consumers at the right time could be disastrous. Perfect Order Is Chief Among SupplyChain KPIs.
Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. That’s probably one of the first differences you’d notice between a warehouse of today and that of 25-plus years ago—and of course it’s down to technology.
What's the core difference between today's supplychain and the digital supplychain? If you see paper, pen, and a computer, you see the typical, modern supplychain. This is a model example of why the physical and digital supplychain must merge. Recall the opening example.
Embracing the changes brought forth by technology in today’s world of digitization hasn’t harmed anyone, provided they haven’t misused or exploited the resource. For example, manufacturers and production supervisors can consider roping in digital systems that can help them to monitor productivity, growth, and shortcomings simultaneously.
Mark Morley, Senior Director, Product Marketing at OpenText , provides his supplychain trend forecast for the year ahead. Embracing conversational AI across tomorrow’s supplychains: Companies have been embarking on a journey of digitizing their supplychains for many years.
Many multinationals have engineered their global supplychains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. The large fines above are examples of this class of penalties. The large fines above are examples of this class of penalties.
SupplyChain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supplychain risk management solutions. This solution has a graphical view of the AGCO supplychain across multiple supplier tiers.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content