Technology | SupplyChainBrain

Technology: Page 630

U.S. Bound Ocean Imports Fell in February Amid China Slowdown

China's exporting slowdown weighed heavily on U.S. seaborne trade last month, dragging down inbound volumes at major gateways from Southern California to Virginia.

Leverage Data to Encourage Supply Chain Flexibility and Efficiency

Analyst Insight: As 2020 approaches, supply-chain improvement initiatives focused on meeting intense market demand while protecting profitability are crucial for companies. In response to this need, supply-chain analysts and consultants are finding innovative ways to leverage data and optimization tools to customize new strategies that encourage supply-chain flexibility, efficiency and sustainability. - John Richardson, vice president of supply chain analytics, Transportation Insight

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Imagine a Silicon Valley of the Sea

In 2008, PayPal co-founder Peter Thiel gave half a million dollars to a Google engineer named Patri Friedman, the grandson of economist Milton Friedman. The money was to establish the Seasteading Institute, which aims to spearhead the development of politically autonomous, floating "seasteads" in unregulated international waters. This was to be the beginning of a long experiment in civilization building. It also turned out to be the origin of many, many puns.

Sales and Operations Planning from 2020 and Beyond

Analyst Insight: There are many approaches to predicting the supply chain of 2020 and beyond. What trends and emerging technologies will have the most impact, and in what way? This paper examines the future of S&OP based on the premise that Best-in-Class companies (top 20 percent of companies based on performance) are good indicators for the next five to 15 years of change based on their capabilities, technology adoption, and strategic actions. – Bryan Ball, vice president and group director, Aberdeen

The Power of Analytics in the Supply Chain

Analyst Insight: Best-in-class organizations are tapping into the power of analytics to improve supply-chain performance and identify improvement opportunities. Organizations use analytics for scoring models for vendor performance, detailed demand forecasting, and safety stock recommendations, optimizing fulfillment logistics, creating predictive models of different failure conditions, inventory budget optimization, and many other supply-chain activities. Today’s complex supply chains require that leaders create a data-driven culture, both internally and externally with supply-chain partners. – Andrea Stroud, statistician, APQC

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UPS Ranked Most Valuable Logistics Brand in 2017

Once again, UPS has seized the top position by a long-shot, with a brand value of $22bn, according to Brand Finance, a U.K.-based valuation and strategy consultant that appraises the brand values of the world's leading logistics companies.

Somali Pirates Hijack First Commercial Ship Since 2012

Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said last week, the first time a commercial ship has been seized in the region since 2012.

Retail Supply Chains Need to Focus on Brands

Analyst Insight: Evolution is as much a part of businesses and industries as it was a part of Charles Darwin's observations in the Galapagos Islands. Retail in particular is undergoing fundamental changes that are having repercussions up and down the supply chain. How retailers approach these changes will determine the winners and losers within the retail industry. – Guy Courtin, VP, Industry and Solutions, GT Nexus

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How Shippers Can Protect Themselves Against Another Carrier Bankruptcy

Should shippers and ocean carriers have seen the bankruptcy of Hanjin Shipping Co. Ltd. coming?

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Hiring Pace Picks Up in Trucking Sector

Trucking fleets stepped up hiring at the fastest pace in five years in February, adding 10,600 jobs in a display of confidence as companies across U.S. industries ramped up payrolls.

Sales Planning: Big Data Provides the Answers

Analyst Insight: We have come a long way from the days where gut feel and years of industry knowledge ruled the day and drove critical decision-making. "Water Cooler Talk" seems a thing of the past, but to effectively work together, businesses must replace it with a new process. Face to face cross-functional team discussions are critical in helping teams learn to work together and communicate effectively. Welcome to sales and operations planning (S&OP). – M. Scott Moon, principal, Tompkins International

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New Study Examines Mass Adoption of IoT Technology

The average return on investment from the Internet of Things is 34 percent, with one in 10 interview respondents reporting returns greater than 60 percent, according to a new study published by Aruba, a Hewlett-Packard Enterprise company that specializes in next-generation networking solutions.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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