Articles
IT Matters: Logistics & Supply Chain Technology
Time to Get Cracking on Compliance
As the global marketplace expands and countries start to flex their economic muscle, the rules that keep goods moving across borders will only get more complex. How can your company keep up? Automating your import/export processes is one smart step. A future-oriented customs management suite that goes beyond electronic customs declarations, with flexible integration and […]
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Today’s Technology, Tomorrow’s Demand
The late actress Carrie Fisher said, “instant gratification takes too long.” Her prescience is spot-on. Consumers don’t just want convenient, personalized products and services—they want them immediately. Speed and flexibility are the most significant aspects of meeting this heightened sense of “must have it now.” Consumer packaged goods (CPG) companies are in a fierce race […]
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Pushing Blockchain Past the Hype
Businesses across the supply chain are finally embracing blockchain as an asset capable of unlocking tremendous value, especially as supply chains grow more globalized and susceptible to compromise. Yet many companies still approach blockchain with apprehension. Misinformation and lack of clarity loom over businesses curious about blockchain. Supply chain companies are understandably wary of having […]
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Using IoT to Move From Push to Pull
Customers want more and they want it now. If you are unable to meet expectations, they will go elsewhere. The supply chain model often used in retail distribution is outdated and broken. Using Internet of Things (IoT) and vertically integrated order processes can achieve a leaner supply chain and help you say goodbye to out […]
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Leveraging Technology: Put Strategy First
With all the hype about technology’s potential, it’s easy to lose track of the basic truth that technology enables strategy. Technology applied to an inappropriate strategy will accelerate a firm’s demise. Tech trends enable strategies that are reshaping global supply chains. These new technologies complement each other; used in combination they create synergies far beyond […]
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IoT: Where We Are, What Comes Next
The Internet of Things (IoT) is set to disrupt all industries, including the supply chain. While excitement around this disruptive technology is enticing, IoT still has a long way to go. Supply chain executives must be thoughtful and selective when it comes to investing in it. Let’s break down some benefits and drawbacks of IoT […]
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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 […]
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Can 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 […]
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Global 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 […]
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5 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 […]
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Blockchain 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 […]
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Building 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 […]
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Purchasing 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 […]
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From 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, […]
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Global 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, […]
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How 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 […]
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Blockchain 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 […]
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Today’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, […]
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The 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 […]
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7 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 […]
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