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