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Think Tank
Inventory Planning/Optimization: Page 182
Air Menzies International Sets Up Operations in India
Air Menzies International, a global trade-only airfreight and express wholesaler, has set up a new regional division to foster its development in India, and launched its own operation in Mumbai.
Legacy Supply Chain Services Acquires Vitran SCO
Legacy Supply Chain Services has acquired Vitran Corporation Inc.'s Supply Chain Operation (Vitran SCO).
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
Smaller But More Frequent Retail Orders
TNT Express Opens New Center in Romania
TNT Express has opened a new hub near Romania's third largest airport, Traian Vuia International Airport, in Timisoara. TNT Romania said its new Timisoara Centre was built to provide operational and technological support specifically for high-performance express services.
Supply Chain Finance Provider Releases New Version
PrimeRevenue Incorporated, a provider of a SaaS platform for global supply chain finance, announced the release of version 5.5 of its OpenSCi SCiSupplier platform.
Freightgate Announces Predictive Analytics for Logistics Management
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
SAP Announces Plans to Acquire Inventory-Optimization Vendor SmartOps
SAP AG is acquiring SmartOps, the vendor of software for inventory and service-level optimization.
Are Robots Taking Over the Warehouse?
It seems like a cruel joke. At the same time we hear about the return of manufacturing jobs from Asia to the U.S., we are inundated with stories about the growth of robotics, which threatens to take away those very jobs for good.
Linking the Physical and Financial Supply Chains
Electronic invoicing isn't new, writes Nigel Taylor of GXS. It started over 40 years ago with business-to-business (B2B) electronic data interchange (EDI) within private networks. With the advent of the internet in the '90s, e-procurement portals appeared and sparked a frenzy of investment into online industry communities. The e-procurement portals focused on sourcing and purchasing activities, and this narrow focus inevitably led to internet portals dedicated to payables processing.
BizSlate Launches Small Business Supply Chain Assistant
New York-based BizSlate is launching its cloud-based resource planning tool to give small business a hand with their supply chain challenges. Unlike legacy vendors in that sector, including SAP and Netsuite, the technology is specifically designed for department stores, retail chains, small boutiques and the like. Chief executive Marc Kalman says BizSlate is ideal for companies that have "outgrown QuickBooks" but don't have ample resources at their disposal for IT.
ABB To Cut Costs to Counter Market Volatility
Swiss manufacturer ABB has said it will focus on reducing cost to offset economic uncertainty. In order to combat the sluggish global economy that has damaged sales for many providers of industrial equipment, ABB has focused on the bottom line. "In the short term, there are still a lot of questions around the pace of growth in Europe and the U.S. and the timing of the rebound in China," said Joe Hogan, chief executive officer of ABB.
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