Archive for supply chain visibility

Utilizing Big Data to Improve Supply Chain Performance

Measuring on-time performance was once the most common key performance indicator (KPI) for transportation departments when visibility solutions first became available. Each quarter, a carrier score card was reviewed. Ocean and air carriers were measured by on-time performance.  Rail carriers reported and measured theirs as scheduled departures. And motor carriers were measured by their service types. Very rarely were companies looking at the performance of multi-mode or multi-leg shipments. Even more uncommon were the best […]

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Sneak Peak: Global Trade Management (GTM) Market Update

ARC Advisory Group conducts an annual in-depth analysis of the worldwide global trade management (GTM) software market. The research process includes the analysis of large amounts of information and interviews with executives from numerous GTM companies. The process concludes with the publication of ARC’s Global Trade Management Market Research Study. I am nearing the end of the study update process and thought I would take this opportunity to discuss some of the GTM market’s current characteristics. ARC’s […]

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Taking Bytes of Logistics

Modern logistics is data-driven, and this concept is becoming essential to success in 2017. Take a look at the increasing geographic, political and price barriers to shipping in different parts of the world and the U.S., and you will notice an increased data-collecting presence For manufacturers, this means having more detailed, accurate forecasting models ready in real time. Consequently, for shippers the task of tracking product and information data across global supply chains, while balancing […]

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Global Trade Management Software –Execution, Visibility, Compliance …and that Darn Tax Wedge

Global trade and free trade agreements – they’re hot topics today and they are responsible for tectonic shifts in various industries and the economic welfare of many. But they’re also topics that require ongoing management by today’s multinational companies and their trading, logistics, and finance partners. Luckily, there is a software application for that. A quick primer as I embark on the update to ARC’s Global Trade Management Market Research Study Trade Compliance That darn tax wedge. I consider trade […]

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On the journey to global e-commerce success, companies should expect the unexpected

In markets with unpredictable logistics questions, automation can help businesses find the answer Companies are leaping head first into new markets, looking to cash in on the lucrative omni-channel opportunities unlocked by the global expansion of e-commerce. Yet as they race to add customers, build sales and boost revenues abroad, many companies are putting potential profits in jeopardy by entering new markets without a solid plan for managing their global shipping and logistics operations. As […]

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How Consumers are Transforming Supply Chain

There’s a new boss in town and she is tougher than any boss you’ve had before. She wants what she wants, when and where she wants it. She’s the new digitally-empowered consumer and she is dictating how retailers and consumer goods companies must transform their supply chains to serve her. This new boss will access your brand wherever and whenever she wants through the device of her choice. There are no channels for her, just […]

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Supply Chain Execution Convergence: Two Factors Driving the Need for Convergence

Supply chain execution convergence is a hot topic these days. The need for end-to-end visibility and solutions that proactively enable planning and the ability to react to the unavoidable disruptions is paramount. Organizations need to evaluate their overall supply chain approach and to consider how supply chain execution convergence can get them to the next level. Rethinking the Traditional Supply Chain More than just a buzzword, supply chain execution convergence allows for better collaboration and […]

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Ashley Furniture’s Creative Yard Management System

I consider yard management software functionality to reside at the intersection of transportation management systems (TMS) and warehouse management systems (WMS). This makes it an important link in the supply chain. I also believe it’s an area where the application of technology can provide substantial efficiency improvements. At the HighJump conference last month, Scott Halvorson of Ashley Furniture discussed his firm’s project for improving efficiency at a large yard in California. I found the company’s application […]

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Visibility Drives Iterative Planning and Execution

Those who ignore history are doomed to repeat it. That applies to supply chain operations as well. If we don’t learn from what is happening day-by-day in our supply chains, we are doomed to repeat disconnected planning processes that lead to mismatches between supply and demand. These mismatches are costly and can lead to service problems such as out-of-stocks and over-stocks. But with fires to fight every day it’s hard for supply chain managers to […]

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How Many Slaves Are in Your Supply Chain?

The collapse of the garment factory in Bangladesh last week, which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor. Coincidentally, at the Ariba LIVE 2013 conference yesterday, I attended a presentation by Justin Dillon, Founder and CEO of Made in a Free World, a nonprofit group that is “building a coalition of consumers, businesses, and governments […]

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