Articles
IT Matters: Logistics & Supply Chain Technology
Last-Mile Technology Needs a Radical Rethink
We need to stop viewing last-mile logistics as solely a delivery challenge. The broader challenge is ensuring processes and their supporting technologies work together to allow supply chains to meet the market’s insatiable appetite for faster, more precise deliveries. Supply chain management technology is boldly exploring sophisticated new developments such as driverless vehicles and the […]
Read MoreCan You Handle the IoT Big Data Onslaught?
Supply chain managers (SCMs) recognize the potential benefits of big data platforms, leveraged and fed by the Internet of Things (IoT). Yet, the combination of IoT and real-time data collection creates an overwhelming data flow, threatening to drown organizations unprepared for the influx of that data. Companies need to understand their analytical goals and underlying […]
Read MoreGlobal Trade Networks Bring Certainty to Uncertain Times
There is no magic bullet to overcome the capacity crunch. The supply chain has proven to be the competitive battleground of the future, and organizations that act proactively by implementing a flexible, adaptable supply chain solution will be the ones in the best position. Weather-related events and other inevitable tragedies have taken a tight market […]
Read More5 Reasons to Make Demand Modeling Part of Your Supply Chain Design Process
Predicting customer demand is incredibly difficult. Economic indicators, weather, seasonal influences, and industry trends constantly change and need to be continually factored in to your analysis. This insight helps improve the design of your supply chain to better account for changes in demand. In today’s marketplace, it’s crucial to understand your customers’ buying behavior, as […]
Read MoreBlockchain Technology: Good in a Supply Chain Crisis
Blockchain, the technology that underpins digital currencies such as bitcoin, offers substantive benefits to supply chains disrupted by natural disasters such as hurricanes and floods. Blockchain is a digital ledger that creates a chronological and unchangeable record of transactions. It uses an autonomous network of computers to constantly verify the legitimacy of updates to the […]
Read MoreBuilding Visibility, Response, Resiliency
Chief supply chain officers (CSCO) are tasked with a range of challenging issues when it comes to managing a company’s product supply chain. To maximize productivity and efficiency, the CSCO should consider visibility, response, and resiliency the most important aspects of supply chain management. Digital transformation is underway in supply chain management and it is […]
Read MorePurchasing a Cloud-Based WMS? Get Grounded
Warehouse management systems (WMS) run the gamut from sophisticated and flexible standalone options to supply chain execution suites to enterprise resource planning tool extensions. As with many data-driven functions, cloud-based solutions have grown in prominence and mindshare. One of the biggest misconceptions, however, is that adopting a cloud solution naturally drives cost savings. But hidden […]
Read MoreFrom Nervous to Chill: Unlocking IoT’s Value Across the Cold Chain
One-third of the world’s food goes to waste, with most of the losses coming from spoilage on its way to being consumed. Much of the waste is due to lack of proper refrigeration. Broadening and improving cold chain efficiency would extend shelf life and increase the supply of perishable foods such as meat, fruits, vegetables, […]
Read MoreGlobal Trade Content: Unlocking the Supply Chain Value
New Content-as-a-Service solutions deliver content that exists outside an organization. This outside-in perspective is spurring companies to find new value to make supply chain planning and execution inherently more intelligent—especially when it comes to global trade. Content solutions can, for example, help companies properly classify goods to ensure compliance while minimizing duties and tariffs; research, […]
Read MoreHow New Technology is Boosting Human Potential in the Supply Chain
Advances in automation are liberating untapped human potential in the supply chain. A new opportunity to significantly improve operational performance is emerging due to advances in robotics, artificial intelligence (AI), and prescriptive analytics. These advances are not about technology versus humans, but about how technology will supplement and augment humans in knowledge-intensive areas such as […]
Read MoreBlockchain Set to Shake Up Shipping
International trade is a maze of regulations, and mostly manual, inefficient processes that lack transparency. This is all about to radically change with blockchain technology. Shipping today is riddled with documentation, regulations, and policies that require certificates of origin, letters of credit, bills of lading, vessel manifests, and customs declarations. Blockchain converts documents, such as […]
Read MoreToday’s Competitive Supply Chain: Digital, Smaller, More Resilient
Historically, the supply chain and manufacturing industry has been relatively slow to embrace the opportunities presented by the digital revolution. Technology is advancing quickly, and it’s time to buck this trend. Whether it’s recognizing the crucial strategic strength and impact offered by the Internet of Things (IoT), taking advantage of the dramatic increase in automation, […]
Read MoreThe Whole Industry Is Struggling to Define TMS. Here’s My Take.
I’ve been in the transportation sector for more than 30 years and wrote the first transportation management system (TMS) as a developer back in the ’80s. Since then, the term “TMS” has come to mean many different things. Today, it covers different product classes; many transportation software vendors refer to themselves as a TMS provider […]
Read More7 Ways to Digitally Transform Your Supply Chain
To keep the supply chain working at top efficiency, companies need not only a flexible and adaptable culture, but also a highly adaptable underlying IT infrastructure. Companies invest a lot of time, effort, and money in developing systems to power the supply chain. The amount of data can be overwhelming. However, by connecting data and […]
Read MoreHow to Find Value in Big Data
There’s an endless amount of big data, but only storing it isn’t useful. The value is in what you find in the data. Instead of aggregating all the data you’re getting, you need to define the problem that you’re trying to solve and then gather data specific to that problem. Today we have the capability […]
Read MoreHow Precise Forecasting Tames Item Proliferation
Accurate forecasts enable better planning, lower inventory and manufacturing costs, and improved service levels. By limiting line item proliferation, precise forecasting reduces errors significantly for new product launches. New products lack the history required for traditional demand planning methods. In the same way that the financial industry uses algorithms to sort through masses of market […]
Read MoreSupply Chain Analytics: Creating Value from Data with Machine Learning
Supply chain analytics is changing: More data than ever is available to analysts today, and often in near real-time. From item-level inventory data and GPS to condition monitoring and signals from social media, new data sources are augmenting available supply chain data. The most competitive supply chains of the future will be those that make […]
Read MoreUsing IoT to Enable Tomorrow’s Supply Chain
The Internet of Things (IoT) is starting to change warehouse and distribution services around the globe, with an estimated 5.5 million new devices being connected every day. The supply chain is next. Scary? Not really. Worthwhile? Absolutely. Billions of traditional networking devices—including hubs, routers, servers, personal computers, and mobile phones—are already connected to the internet […]
Read MoreAccurate Product Data Drives Supply Chain Systems
Retail and consumer goods organizations spend a lot of money to deploy supply chain applications that will help them operate more profitably while delivering the ideal experience to shoppers. But the fact is software investments do not deliver on their potential unless the data they’re using is accurate. Accurate product data comes from well-crafted, consistent […]
Read MoreCargo Becomes Intelligent So Do Ports
Having all supply chain players connected to an intelligent cargo system maximizes the use of port infrastructure and keeps everyone informed on the “where is my cargo?†question. Accessing and sharing information on cargo through new technologies will not only smooth flows but it will also secure them.
Read More