Technology | SupplyChainBrain

Technology: Page 858

Improving Inventory Management in 2015 - and Beyond

With a new year comes a renewed focus on inventory and how to manage it. All systems and aspects of the supply chain must match up with customer demands in the ever-present and evolving omnichannel environment. After all, customers can order goods from anywhere on any smart device, and their expectations are that they will pick up their goods, or have their merchandise delivered to any place – on their terms. People want quick results – or else they will find another outlet from which to shop.

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What's at Risk If My Business-critical Systems Are Compromised?

In 2014, organizations were caught off guard by the increase in advanced threats targeting vulnerabilities within business-critical applications running on SAP platforms. Everything from malware being loaded up on RFID devices and being inserted into the manufacturing process, to high-risk "denial of service" vulnerabilities are challenging organizations to re-think their current approach to protecting critical data.

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Aljex Integrates With FourKites for Telematics Data

Aljex Software Inc., a vendor of cloud-based software for third-party logistics providers and carriers, has integrated its offering with FourKites, Inc., provider of a shipment-tracking application for shippers and brokers.

How Can We Manage Supply Chains If We Don't Actively Design Them?

Analyst Insight: There are exciting developments in technologies and processes in the area of network design. Currently, both processes and technologies are rapidly evolving, offering exciting opportunities. It is one of the most critical investments for supply chain leaders in 2015. – Lora Cecere, Founder of Supply Chain Insights

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Truckload Drives Increase in Total Freight Costs in Canada

The total cost of ground transportation for Canadian shippers increased by 2.7 percent in December when compared with November results, according to newly published data from the Canadian General Freight Index.

Powering Pharma With Supply Chain Analytics

Analyst Insight: Radically changing market conditions in the global pharmaceuticals industry are creating volatility in supply and demand, as well as affecting customer service levels and costs. Pharma companies are also faced with impending margin pressure from generics. In this environment, pharma executives are looking to improve efficiencies, understand emerging market customers and be better prepared to meet financial objectives. Supply chain analytics provides pharma supply chain executives with powerful tools to maintain a competitive edge. – Jay Welsh, Principal, and Srihari Rangarajan, Manager, Ernst & Young LLP

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E-Commerce, Omnichannel Changing Supply Chain Network Design

Analyst Insight: It's no secret that the explosion of e-commerce, omnichannel, multichannel and social media - along with large online retailers' offerings - have significantly raised customers' expectations for rapid delivery, free shipping and free returns. Customers are clearly signaling that a company's successes and failures rest on high expectations of price, selection, convenience and experience. Companies must "get local" in order to meet customers' demands for speed of delivery. – John Spain, Partner, Tompkins International

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Denmark Looks to Tunnel Its Way to Germany

Denmark's government laid out details of a plan to build a tunnel connecting the Nordic region to Germany and cutting traveling time, saying in a bill that it will cost 65bn Danish crowns ($10bn) and be in use by 2024.

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Firms Lose $30bn Yearly by Failing to Share Supplier Information, Research Says

Global companies are wasting more than $30bn (£20bn) a year because they do not share information about suppliers, according to business information provider Achilles.

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MGO's Early Warnings Would Have Saved Investors in Myanmar Aviation

Challenge: On July 30, 2014, 11 months after trumpeting its plan to invest $25 million in Myanmar's Asian Wings Airways, All Nippon Airways walked away. From the start, local media had reported Asian Wings' alleged ties with Tay Za, a connection the airline denied. Japan’s All Nippon didn't mention those ties when it canceled the deal, citing instead the small Myanmar market and, as MGO highlighted two months earlier, rising competition.

Break the Chain: Optimize With Smart Supply Network 3.0

Analyst Insight: Supply chain problems result from the uncertainty, time delay and amplification of variability based on demand changes from one function to another and from one organization to another. The parts of the chain don't work together! They often work against one another. The supply chain is a dysfunctional system that increases the cost of all participants in the system. Today's optimization and network technology provides the capability transform to a Smart Supply Network 3.0. – Rich Sherman, author and founder at Gold & Domas Research

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UTi Worldwide Expands in Malaysia; Offers Cold-Chain Service in Europe

UTi Worldwide Inc. has expanded its freight-forwarding operations in Malaysia with the opening of new facilities in Port Klang and Kuantan.

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Photo: iStock/Anastasiia Yanishevska

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

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

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

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site