Articles
IT Matters: Logistics & Supply Chain Technology
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 […]
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 MoreTo Boost Shipment Productivity, Look to the Cloud
Deploying a cloud-based shipment execution system promotes a healthier ecosystem within the company, reduces costs, and pays big dividends via customer satisfaction. When corporate enterprises grow and evolve, their internal departments can develop a silo mentality and become more protective of their information. Because of these informational turf wars, the organization becomes disjointed and less […]
Read MoreHow to Succeed With a Supply Chain Technological Rollout
The late great Yogi Berra famously said, “If you don’t know where you are going, then you’ll wind up someplace else.” Nowhere is this truer than when considering, procuring, and implementing new logistics/supply chain technology. It doesn’t matter if it’s optimization technology, a TMS, a WMS, or any combination. If you (the organization and all […]
Read MoreSelf-Improving Supply Chains Have Arrived
Imagine a world where supply chain planning systems can mold themselves into their environment, adapt, and improve as the business changes. Imagine systems that can monitor user behavior as well as customer and supplier anomalies, and advise accordingly. These are self-repairing supply chains. Imagine no more. With advances in processor speed and abundance of memory, […]
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