Articles

Logistics I.T.

Trends—January 2014

Trends—January 2014

Getting Demand Forecasting in Hand In the demand-driven logistics domain, forecasting is king. Companies that are best able to predict sputters and spikes, then react and execute against those signals, will gain a competitive advantage. But given today’s market uncertainty—the economy, consumer purchasing power and appetite for new products, sliding holiday seasonality, and emerging omni-channel […]

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Gururaj Rao

Achieving True Mobility in Supply Chain and Logistics Operations

Mobile technology is pervasive and disruptive. It has made huge strides in the consumer market. But, when we look at mobile technology adoption in enterprises, it is still in its infancy. True mobile technology means commonly available smartphones and tablets that run standard operating systems such as iOS, Android, and Windows. There are a number […]

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Geoff Milsom

A New Paradigm in Vendor Partner Management

Leading companies are moving from traditional vendor compliance to vendor partner management — a competitive differentiator in how companies manage their inbound purchase orders (POs) and transportation to increase sales and customer service. Historically, vendor compliance has revolved around chargebacks — the practice of making deductions from the purchase price when vendors break an agreed-upon […]

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Tim Conroy

Pharmaceutical Supply Chain Tackles Track-and-Trace Challenges

New legislation is in the works to prevent counterfeit medicines from entering the pharmaceutical supply chain. These random mixtures of harmful toxic substances are not only illegal; they are extremely dangerous to patients and damaging to the reputations of legitimate pharmaceutical companies. Increased Internet sales, widespread demand for generic drugs, and drug shortages in many […]

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Jon Winsett

Seeking Innovation? Stop IT Overspending

Today’s supply chain is one of the most exciting arenas for business innovation. Mobility, cloud computing, big data, and new production techniques such as 3-D printing are breaking down barriers between retailers, consumers, manufacturers, and suppliers. The technology trends driving supply chain innovation are also driving IT costs through the roof. Eighty-nine percent of IT […]

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Trends—December 2013

Trends—December 2013

Predictive Analytics: A Sure Thing Here’s a forecast you can count on: Cloud-based predictive analytics offerings are increasingly available to more companies of all sizes. More than 90 percent of the 350 companies polled in a new survey conducted by California-based research firm Decision Management Solutions say they expect to deploy predictive analytics functionalities within […]

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Paul A. Myerson

Tapping Technology To Improve Lean Warehouses

Lean is traditionally thought of as a methodology for using visual signals, optimized layouts, and streamlined processes to improve material and information flow. But technology also plays a critical role in Lean operations, especially for companies managing global supply chains. Implementing forecasting, advanced planning and scheduling, distribution requirements planning, and transportation and warehouse management systems […]

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Tom Heine

Saving Time and Money Through Automation

au•to•ma•tion (n): The technique, method, or system of operating or controlling a process by highly automatic means, as by electronic devices, reducing human intervention to a minimum.   — Dictionary.com The number-one expense for brokers and 3PLs is payroll. Every function employees deal with has a cost in hourly pay, salary, or commission. Whether they are paid […]

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Ed Glassman

Automating B2B Payments: The Next Frontier

When it comes to automation in B2B payments, we have a long way to go. Too often, payments are disconnected from the underlying commercial transaction, creating problems from proper initiation to reconciliation. Automating B2B payments is challenging for many reasons. Selling a product or service and getting paid are often two different processes. Anyone who […]

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John Woods

Creating More Intelligent Supply Chains with BI Technology

For suppliers in today’s business world, having a firm grasp on supply chain and logistics issues is a top concern. As internal operations and external supply-chain activities become more complex, these companies depend on current information to optimize productivity, improve customer service, and minimize expenses. Business intelligence (BI) technology improves supply chain operations by helping […]

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Greg Syfan

Technology Supports 3PL-Carrier Partnerships

Q: How has technology enhanced the relationship between third-party logistics (3PL) providers and carriers? A: The term "shuttle diplomacy" typically describes foreign negotiations between governments and political entities across great divides. Technology has served the same role in the transportation industry, particularly in strengthening partnerships between 3PLs and carriers. In the past, carriers and brokers […]

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Chris Giltz

Using In-Truck Technology to Cut Costs

Q: What cost factor should shippers prioritize during carrier selection? A: Invoice price is often the driving factor in carrier selection— which is logical, because everyone operates with very thin margins. But that may be flawed thinking. Instead, consider the total cost of utilizing a carrier. For example, administrative costs are a large part of […]

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Joe Pampel

Moving Logistics Technology to the Cloud Dispels the Fog of Uncertainty

Cloud computing offers democracy to logistics and transportation providers, putting small and mid-sized providers on the same playing field as large global companies. With a strong technology platform, cloud computing can serve as a logistics company’s differentiator for its intellectual capital and other critical information and data. The advantages for logistics companies of moving to […]

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Nikki Cuban

Get Airborne with Asset Tracking

In today’s complex global supply chain, transportation delays, security issues, and spoiled or lost cargo too often disrupt the distribution process. In air transportation, cargo often travels via multiple airports, airlines, ground handlers, and across geographies, creating ample opportunity for problems to occur. While other transport modes have had the benefits of GPS technology to […]

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Bruce Moore

Using Big Data to Build Tomorrow’s Supply Chain Today

Q: How can transportation and logistics companies use big data to differentiate themselves? A: Supply chain professionals in all industries and government sectors must transform their supply chain process to meet organizational strategies and goals. Information fusion breaks down the barriers spanning all demand-supply enterprises. A critical requirement is real-time, high-quality, reliable data and information […]

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