Logistics | SupplyChainBrain

Logistics: Page 916

The Big Data Imperative in Forecasting & Demand Planning

Analyst Insight: "Big data" software and analysis will be the most important supply chain technology for forecasting and demand planning in the years to come. Through analysis of huge quantities of data it provides a competitive advantage by providing unparalleled insights. The challenge for companies will be staying ahead of the technology in a cost-effective manner, and developing organizational processes to effectively utilize the huge amounts of data and absorb the information into their organizational decision making processes. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University

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TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences

TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.

Pharmaceutical

Become a Supply Chain Top 25 Peer Voter

Now more than ever, the supply chain is being buffeted by forces nearly impossible to predict - making increased levels of efficiency and agility more important than ever before. But you can become a Supply Chain Top 25 Peer Voter and help rank manufacturers and retailers who are leading the way in supply chain.

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A Much More Holistic Approach Is Required in Forecasting & Demand Planning

Analyst Insight: Despite extensive writing from IDC Manufacturing Insights last year extolling the virtues of supply chain responsiveness "” and that in many cases investments in responsiveness might well be better served than investments in forecasting "” manufacturing supply chains continue to rate "making improvements in planning and forecasting" among their top investment priorities. Not that responsiveness isn't important, just that companies believe there is still more progress to be made in things like forecast accuracy. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights

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Logistics Providers Must Improve European E-commerce Offering, Report Says

Although mail, express and logistics companies are benefiting from the growth of e-commerce in Europe, to date few service providers have developed the sophisticated services which e-retailers demand.

Smaller But More Frequent Retail Orders

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Asian Supply Chain Optimization Improves On-time Delivery, Margin for European OEM Components

Analyst Insight: The automotive industry is an orchestration of marketing, logistics and product development. This orchestration, which leads to higher complexity and demand, requires that many parts be available in manufacturing and services. And this global and complex way of looking at a problem drives the European automotive industry to operate in Asia, as well as localize their supply chains for sales in Asia. However, the logistics for Original Equipment Manufacturers (OEM) between these two continents sometimes become complex. - Thomas Wiedmann, Managing Director, Europe, Tompkins International

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International Maritime Organization Studies Ways to Further Reduce Greenhouse Gas Emissions

International experts are meeting at International Maritime Organization headquarters this week, in the form of an Expert Workshop, to begin updating the inventory of greenhouse gases from international shipping.

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Industrial Machinery Will Be Export-Import Growth Engine for Next 10 Years or So

Industrial machinery is expected to be the top driver of U.S. export and import trade now and in the next decade, according to the latest HSBC Commercial Banking Trade Forecast.

CEVA Opens Logistics Center in United States

CEVA Logistics has opened a logistics center in Jacksonville, Fla., where services will include solutions design and engineering, managed transportation, global supply chain solutions, transportation procurement, and rail fueling.

China Takes Control of Pakistan Port from Singapore

China has assumed control of a strategic Pakistani port on the Arabian Sea, as part of a drive to secure energy and maritime routes that also gives it a potential naval base, sparking Indian concern. The Pakistani cabinet approved the transfer of Gwadar, currently a commercial failure cut off from the national road network, from Singapore's PSA International to the state-owned China company on January 30.

ATA Truck Index Posts Best January in History

The American Trucking Associations' advanced seasonally adjusted for-hire truck tonnage index increased 2.9 percent in January after jumping 2.4 percent in December. Tonnage has surged at least 2.4 percent every month since November, gaining a total of 9.1 percent over that period. As a result, the SA index equaled 125.2 (2000=100) in January versus 121.7 in December. January's index was the highest on record. Compared with January 2012, the SA index was up a robust 6.5 percent the best year-over-year result since December 2011.

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