Articles
IT Matters: Logistics & Supply Chain Technology
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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How 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 […]
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How 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 […]
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Supply 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 […]
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Using 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 […]
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