Supply chain advancements are credited with efficiency improvements within organizations but are often overlooked for their beneficial economic side-effects. For example, supply chain software may contribute more to productivity than traditional measures such as GDP suggest. One example is the Great Moderation. Another is the inability of economic models to capture the rapid improvement of software over time. This inaccurate measurement leads to underreporting of quality improvements. This underreporting is supported by the deflationary nature of software products.
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Many proof-of-concept trials are demonstrating potential business benefits for the participants. ARC has examined 24 pilot programs in the aerospace, automotive, chemical, food & beverage, logistics, mining, oil & gas, pharmaceutical and power industries. By examining these PoCs, the primary goal in terms of business value could be determined for each one.
Read More →Vopak, a leading operator of tank terminals, is undergoing a digital transformation. One of their projects occurred at their Savannah terminal. New sensors, machine learning, and optimization drove significant energy savings.
Read More →According to the National Retail Federation’s (NRF) annual Valentine’s Day survey with Prosper Insights & Analytics, Americans were expected to spend a record amount on Valentine’s Day this year despite a years-long decrease in the percentage of people celebrating the holiday. Those celebrating planned to spend $3.9 billion on jewelry (given by 18 percent), $3.5 billion on an evening out (34 percent), $2.1 billion on clothing (18 percent), $1.9 billion on flowers (35 percent), $1.8 […]
Read More →Today, so many exciting things are going on in the cloud software world that my bet is we will see very large improvements in the way things are done driven by higher productivity and innovation. The difficulty in perceiving this now is that there is no thing to “see” with this software.
Read More →The key for AMRs is that they enable workers to be more productive due to constant collaboration. During Steve Banker’s panel discussion on AMRs at ARC Advisory Group’s Forum last week, the four panelists made two key points about AMRs. First, robots are not replacing human workers, but rather, are assisting them. Second, warehouse labor is becoming harder to find and more expensive to train and retain. These two reasons are why there will be an increase in AMRs in the warehouse.
Read More →I talked to a large ecommerce retailer. They got great benefits from implementing a supply chain planning solution. But their plans to leverage AI are what is truly fascinating.
Read More →The Patriots have done it again, winning their third Super Bowl in five years, and sixth since the turn of the century. This was certainly not the game most people expected; with two high-powered offenses, most football fans were excited for a shoot-out. Instead, the Patriots defense shut down the second highest scoring offense in the league, holding the Rams to a Super Bowl record low 3 points. This win puts the Patriots in the […]
Read More →Transportation management systems (TMS) have been around for a good 25-30 years, but they’ve struggled with visibility for most of that lifetime. Sure, the TMS industry has long talked about the visibility of their systems. But it’s only been in the last two or three years that we’ve seen measurable leaps forward in visibility capabilities. Like the Princess Bride scene where one character questions another’s constant use of the word “inconceivable,” the term “visibility” is […]
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Supply Chain Brief
Open Up a Whole New World of Competitive Differentiation with Transportation Optimization
One thing is clear for anyone in the transportation industry: logistics and logistics technology is changing at a rapid pace. For transportation managers who are constantly seeking more efficient ways to move goods, Amazon has perhaps been the one to watch for the latest and greatest in shipping and delivery strategies. Amazon’s latest announcement in recent months, Delivery Service Partners, encourages entrepreneurs to start their own logistics companies using Amazon’s built-in customer base. But it’s […]
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