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Towards transparent supply chains

February 27, 2018 | 115 views

Over the past decades supply chains have become increasingly more extended, more complex and more global. This increased the exposure to risks in the supply chain. As a result, we have witnessed more and more incidents related to e.g. labour conditions, environmental issues and human rights in the past decades.

Spotlight

Southland International Trucks, Inc.

Southland International Trucks, Inc., ATD Truck Dealer of the Year award winner, is a full-service dealership with five locations throughout Alabama representing International Trucks, IC Bus, Transcraft, Wabash and Benson Trailers, Idealease Rental and Lease, and Parts and Service. We have dealerships in Birmingham, Homewood, Tarrant, Tuscaloosa, Montgomery, and Huntsville...

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SOFTWARE AND TECHNOLOGY

Autonomous Robots: The Future of Warehousing & Logistics

Article | April 19, 2022

Autonomous robots have transitioned from a futuristic system that only a few enterprises could afford to a sustainable, well-established solution in a wide assortment of warehouse automation projects in recent years. With the flourishing transportation and logistics industry and increasing e-commerce penetration worldwide, innovative technologies are revealing promising opportunities throughout the supply chain. Warehouse Automation: Driving Value in the Supply Chain Historically, autonomous robots have been used to perform tedious and repetitive tasks, necessitating sophisticated programming for setup and incorporation while lacking the dexterity to easily adjust operations. As autonomous robots become more intelligent, their setup times decrease, they need less monitoring, and they are able to work alongside their human counterparts. The benefits for the future supply chain are increasing as autonomous robots become more capable of working day and night with more consistent levels of productivity and quality and performing tasks that individuals should not, cannot, or do not want to do. Autonomous robots drive advancements and add value to the supply chain, primarily by increasing revenue potential and lowering direct and indirect operating costs. Autonomous robots, in particular, can assist: Boost efficiency and productivity. Lower risk, error frequency, and rework rates. Enhance employee safety in high-risk workplaces. Handle low-value, routine tasks so people can work together on strategic projects that can't be done by machines. Raise revenue by optimizing order fulfillment rates, and delivery speed, and, ultimately, increasing customer satisfaction. Sneak Peek into the Future of Autonomous Robot Autonomous robots are expected to witness strong growth in the coming years. These robots will become more common in the future supply chain as technology advances, allowing them to operate with more human-like abilities. Improvements in haptic sensors, for example, will enable these robots to grasp objects varying from multi-surfaced metal assembly parts to fragile eggshells without requiring changes to robotic components or programming. This will encourage companies operating in the industry to increase their research and development activities and introduce innovative and advanced supply chain technologies.

Read More
SOFTWARE AND TECHNOLOGY,LOGISTICS

Complexities Triggering Technological Advancement in Transport & Logistics

Article | July 12, 2022

Over the past decade, transportation and logistics have witnessed an immense transformation, from using automotive vehicles to drones and paper tags to advanced geotags. Also, the introduction of novel technologies and incorporation of innovative solutions such as artificial intelligence and blockchain has further reshaped the sector. How is Rising Complexity Triggering the Adoption of Novel Technologies? Today's supply chain is, in a word, complex. It has so many complexities, from ever-rising consumer expectations and disruptive events to globalized sourcing and omnichannel demand, that it is now being compared to a modern-day Gordian knot. With complexity comes ambiguity, particularly in the transportation and logistics industry. For instance, importers are expected to find cost-effective and efficient ways to transport goods from manufacturing facilities, which are frequently located halfway around the world, to distribution centers and then, ultimately, into the hands of consumers. In addition, e-commerce has further added to the complexity by introducing new channels into the jumble along with the introduction of same-day or next-day delivery standards with higher transparency and tracking features by leading players such as eBay, Walmart, and Amazon Here are a few prominent technologies assisting logistics companies to counter these complexities. Data Analytics Big data analytics aids in the more accurate and efficient planning of operational processes, services, and strategies, allowing businesses to align with emerging consumer needs. Artificial Intelligence (AI) and Machine Learning AI and Machine Learning have become the most sought-after tech in the transportation food chain. It assists businesses in enhancing operational functionality, boosting productivity and speed, designing optimal transit networks and routes, and improving safety through predictive risk calculation and elimination. The Internet of Things (IoT) With the rising need for transparency and tracking of shipped goods, IoT is garnering immense popularity across the transportation and logistics sector. It enables businesses to monitor and track their goods in real-time with the help of geo-tagging, RFID tags, and GPS, resulting in fewer delays in deliveries.

Read More
SOFTWARE AND TECHNOLOGY,SUPPLY CHAIN

Predicting the Future of the Logistics Industry

Article | July 14, 2022

Introduction From warehouse robots to delivery drones, the supply chain is experiencing a tremendous upheaval. AI promises a totally autonomous and self-organized future supply chain. A fleet of vehicles utilizing a swarm algorithm can enhance cargo yard throughput; a trusted peer-to-peer ledger on blockchain architecture could change compliance in the sector; and wearables, mobile robotics, and machine learning technologies could speed up order fulfilment. IOT e-brokerage solutions can link shops to couriers and transporters with a click. Tomorrow's supply chain will be leaner, quicker, and self-organized. A few innovative technologies will fuel this unparalleled rate of change over the next 15 years. Here are the major technologies that are shaping the future of the logistics industry. Logistics Technologies for the Future Shipment Tracking Systems Previously, customers ordered shipments, had an anticipated arrival date, and then were kept in the dark until they chose to call. Customers can now access shipping and tracking systems around-the-clock due to developments in the internet and software. This not only enhances the customer experience (cx), but it also saves the business time and money. Internet of Things (IoT) The IoT reduces costs and delays by minimizing hazards in the supply chain. Cabs, cargo ships, trains, etc., have sensors that link to an alarm system or dispatcher. These sensors analyze and communicate information to the crew, who learns about hidden threats. IoT isn't a new technology, but it continues to influence logistics by improving in-transit visibility and delivery. Radio Frequency Identification (RFID) RFID technology has been used for a few years to monitor inventories labor-efficiently. A product tag or sensor produces radio waves. The company processes the data. RFID tags are similar to barcodes, but their faster information transport and data processing appeal to companies and the direction of technology. Many organizations use RFID tags to track containers in warehouses. Enhanced GPS Accuracy Almost everyone utilizes GPS on their vehicles or smartphones. These devices' accuracy has improved over time, assisting lost drivers and enhancing the supply chain. By monitoring truck locations and boosting hauls with current traffic data, GPS increases efficiency and customer satisfaction. Closing Lines Unprecedented times have produced unprecedented transformations that will last for generations. Changing demographics, technology improvements, and COVID-19 impacts are altering global supply networks. We must understand the driving factors and act on what we learn to adapt and rise to the situation. For the sake of our current workforce and future generations.

Read More
SUPPLY CHAIN

Purchasing vs. Supply Chain Management software

Article | June 29, 2022

Purchasing software and supply chain management software are often mistaken for one another, but both have distinct functionalities. While purchasing software automates the procurement process, supply chain management software executes logistical transactions and manages supplier relationships. This report identifies the similarities and differences between the two software categories to help you understand which one is better suited to your needs. What is purchasing software? Purchasing software is an online tool that allows businesses to automate the process of procuring goods and services. It includes security compliance and reporting features. Purchasing solutions offer integrated tools for invoice approval, inventory control, asset management, customer service, and work order management. They help manage contracts, analyze spending, track sales deliveries, and monitor inventory levels. They also assist in identifying bottlenecks in the purchase process, such as functions that have high expenditure. Purchasing software offers invoice processing capabilities as well. Procurement professionals and accounting teams can use the tool to generate invoices, track invoice status, and monitor expenses via detailed reports. What is supply chain management software? Supply chain management software is a software platform that allows supply chain managers to automate the entire supply chain process—from acquiring raw materials to delivering the finished goods to consumers. The software provides tools for monitoring stock levels, including raw materials, and predicting future requirements based on the current inflow and outflow of inventory. Supply chain management tools manage material handling, order fulfillment, and information tracking for stakeholders such as manufacturers, suppliers, and transport and logistics providers. They also track the returns of damaged goods, process refunds and insurance claims, and provide planning and forecasting tools for supply chain professionals. What do they have in common? Purchasing is a crucial component of supply chain management. Together, these processes significantly contribute to an organization’s procurement cycle. Despite the functionality differences, both the software categories have a few features in common, including supplier management, order management, and forecasting. Which tool is right for you? The answer to this question depends on your use case. If you’re looking for a tool that majorly focuses on acquiring supplies, opt for a purchasing software solution, as it will help you streamline the procurement cycle, maintain purchase order accuracy, and monitor supplier activities. However, if you wish to manage your entire supply chain operations, including supplier, transportation, warehouse, and inventory management, then investing in a supply chain software solution would be the right choice.

Read More
SOFTWARE AND TECHNOLOGY

Put Strategy First When Pondering Automation for Your DC

Article | April 19, 2022

Autonomous robots have transitioned from a futuristic system that only a few enterprises could afford to a sustainable, well-established solution in a wide assortment of warehouse automation projects in recent years. With the flourishing transportation and logistics industry and increasing e-commerce penetration worldwide, innovative technologies are revealing promising opportunities throughout the supply chain. Warehouse Automation: Driving Value in the Supply Chain Historically, autonomous robots have been used to perform tedious and repetitive tasks, necessitating sophisticated programming for setup and incorporation while lacking the dexterity to easily adjust operations. As autonomous robots become more intelligent, their setup times decrease, they need less monitoring, and they are able to work alongside their human counterparts. The benefits for the future supply chain are increasing as autonomous robots become more capable of working day and night with more consistent levels of productivity and quality and performing tasks that individuals should not, cannot, or do not want to do. Autonomous robots drive advancements and add value to the supply chain, primarily by increasing revenue potential and lowering direct and indirect operating costs. Autonomous robots, in particular, can assist: Boost efficiency and productivity. Lower risk, error frequency, and rework rates. Enhance employee safety in high-risk workplaces. Handle low-value, routine tasks so people can work together on strategic projects that can't be done by machines. Raise revenue by optimizing order fulfillment rates, and delivery speed, and, ultimately, increasing customer satisfaction. Sneak Peek into the Future of Autonomous Robot Autonomous robots are expected to witness strong growth in the coming years. These robots will become more common in the future supply chain as technology advances, allowing them to operate with more human-like abilities. Improvements in haptic sensors, for example, will enable these robots to grasp objects varying from multi-surfaced metal assembly parts to fragile eggshells without requiring changes to robotic components or programming. This will encourage companies operating in the industry to increase their research and development activities and introduce innovative and advanced supply chain technologies.

Read More
SOFTWARE AND TECHNOLOGY,LOGISTICS

Complexities Triggering Technological Advancement in Transport & Logistics

Article | July 12, 2022

Over the past decade, transportation and logistics have witnessed an immense transformation, from using automotive vehicles to drones and paper tags to advanced geotags. Also, the introduction of novel technologies and incorporation of innovative solutions such as artificial intelligence and blockchain has further reshaped the sector. How is Rising Complexity Triggering the Adoption of Novel Technologies? Today's supply chain is, in a word, complex. It has so many complexities, from ever-rising consumer expectations and disruptive events to globalized sourcing and omnichannel demand, that it is now being compared to a modern-day Gordian knot. With complexity comes ambiguity, particularly in the transportation and logistics industry. For instance, importers are expected to find cost-effective and efficient ways to transport goods from manufacturing facilities, which are frequently located halfway around the world, to distribution centers and then, ultimately, into the hands of consumers. In addition, e-commerce has further added to the complexity by introducing new channels into the jumble along with the introduction of same-day or next-day delivery standards with higher transparency and tracking features by leading players such as eBay, Walmart, and Amazon Here are a few prominent technologies assisting logistics companies to counter these complexities. Data Analytics Big data analytics aids in the more accurate and efficient planning of operational processes, services, and strategies, allowing businesses to align with emerging consumer needs. Artificial Intelligence (AI) and Machine Learning AI and Machine Learning have become the most sought-after tech in the transportation food chain. It assists businesses in enhancing operational functionality, boosting productivity and speed, designing optimal transit networks and routes, and improving safety through predictive risk calculation and elimination. The Internet of Things (IoT) With the rising need for transparency and tracking of shipped goods, IoT is garnering immense popularity across the transportation and logistics sector. It enables businesses to monitor and track their goods in real-time with the help of geo-tagging, RFID tags, and GPS, resulting in fewer delays in deliveries.

Read More
SOFTWARE AND TECHNOLOGY,SUPPLY CHAIN

Autonomous Robots: The Future of Warehousing & Logistics

Article | July 14, 2022

Introduction From warehouse robots to delivery drones, the supply chain is experiencing a tremendous upheaval. AI promises a totally autonomous and self-organized future supply chain. A fleet of vehicles utilizing a swarm algorithm can enhance cargo yard throughput; a trusted peer-to-peer ledger on blockchain architecture could change compliance in the sector; and wearables, mobile robotics, and machine learning technologies could speed up order fulfilment. IOT e-brokerage solutions can link shops to couriers and transporters with a click. Tomorrow's supply chain will be leaner, quicker, and self-organized. A few innovative technologies will fuel this unparalleled rate of change over the next 15 years. Here are the major technologies that are shaping the future of the logistics industry. Logistics Technologies for the Future Shipment Tracking Systems Previously, customers ordered shipments, had an anticipated arrival date, and then were kept in the dark until they chose to call. Customers can now access shipping and tracking systems around-the-clock due to developments in the internet and software. This not only enhances the customer experience (cx), but it also saves the business time and money. Internet of Things (IoT) The IoT reduces costs and delays by minimizing hazards in the supply chain. Cabs, cargo ships, trains, etc., have sensors that link to an alarm system or dispatcher. These sensors analyze and communicate information to the crew, who learns about hidden threats. IoT isn't a new technology, but it continues to influence logistics by improving in-transit visibility and delivery. Radio Frequency Identification (RFID) RFID technology has been used for a few years to monitor inventories labor-efficiently. A product tag or sensor produces radio waves. The company processes the data. RFID tags are similar to barcodes, but their faster information transport and data processing appeal to companies and the direction of technology. Many organizations use RFID tags to track containers in warehouses. Enhanced GPS Accuracy Almost everyone utilizes GPS on their vehicles or smartphones. These devices' accuracy has improved over time, assisting lost drivers and enhancing the supply chain. By monitoring truck locations and boosting hauls with current traffic data, GPS increases efficiency and customer satisfaction. Closing Lines Unprecedented times have produced unprecedented transformations that will last for generations. Changing demographics, technology improvements, and COVID-19 impacts are altering global supply networks. We must understand the driving factors and act on what we learn to adapt and rise to the situation. For the sake of our current workforce and future generations.

Read More
SUPPLY CHAIN

Purchasing vs. Supply Chain Management software

Article | June 29, 2022

Purchasing software and supply chain management software are often mistaken for one another, but both have distinct functionalities. While purchasing software automates the procurement process, supply chain management software executes logistical transactions and manages supplier relationships. This report identifies the similarities and differences between the two software categories to help you understand which one is better suited to your needs. What is purchasing software? Purchasing software is an online tool that allows businesses to automate the process of procuring goods and services. It includes security compliance and reporting features. Purchasing solutions offer integrated tools for invoice approval, inventory control, asset management, customer service, and work order management. They help manage contracts, analyze spending, track sales deliveries, and monitor inventory levels. They also assist in identifying bottlenecks in the purchase process, such as functions that have high expenditure. Purchasing software offers invoice processing capabilities as well. Procurement professionals and accounting teams can use the tool to generate invoices, track invoice status, and monitor expenses via detailed reports. What is supply chain management software? Supply chain management software is a software platform that allows supply chain managers to automate the entire supply chain process—from acquiring raw materials to delivering the finished goods to consumers. The software provides tools for monitoring stock levels, including raw materials, and predicting future requirements based on the current inflow and outflow of inventory. Supply chain management tools manage material handling, order fulfillment, and information tracking for stakeholders such as manufacturers, suppliers, and transport and logistics providers. They also track the returns of damaged goods, process refunds and insurance claims, and provide planning and forecasting tools for supply chain professionals. What do they have in common? Purchasing is a crucial component of supply chain management. Together, these processes significantly contribute to an organization’s procurement cycle. Despite the functionality differences, both the software categories have a few features in common, including supplier management, order management, and forecasting. Which tool is right for you? The answer to this question depends on your use case. If you’re looking for a tool that majorly focuses on acquiring supplies, opt for a purchasing software solution, as it will help you streamline the procurement cycle, maintain purchase order accuracy, and monitor supplier activities. However, if you wish to manage your entire supply chain operations, including supplier, transportation, warehouse, and inventory management, then investing in a supply chain software solution would be the right choice.

Read More
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Spotlight

Southland International Trucks, Inc.

Southland International Trucks, Inc., ATD Truck Dealer of the Year award winner, is a full-service dealership with five locations throughout Alabama representing International Trucks, IC Bus, Transcraft, Wabash and Benson Trailers, Idealease Rental and Lease, and Parts and Service. We have dealerships in Birmingham, Homewood, Tarrant, Tuscaloosa, Montgomery, and Huntsville...

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SUPPLY CHAIN

Logility Recognized Among SupplyChainBrain’s 100 Great Supply Chain Partners

Logility, Inc | August 18, 2022

Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, announced its recognition as one of SupplyChainBrain’s 2022 100 Great Supply Chain Partners. The company was recognized for its work with iNova Pharmaceuticals, a distributor of prescription medicines and healthcare products, to transform its data management, demand and supply planning, replenishment planning and analytics framework.Our business is complex. In addition to widely dispersed geographies, our planning processes have to reflect and synthesize different market dynamics,” said Rowan Seccombe, Sales and Operations Planning Manager, iNova. “We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. The platform approach was also a tremendous asset.” To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management. Logility’s deep industry expertise and the comprehensive Logility® Digital Supply Chain Platform enabled consistency in planning and reporting across all regions. This collaboration has reduced “misfires” and enhanced communication and decision-making across the entire enterprise. Our implementation consultants constantly challenged us to justify and reconsider current processes and the implementation went quickly,” said Seccombe. “The flexible and configurable design of the Logility platform has greatly reduced our reliance on legacy systems and has established a trustworthy source of truth. Manual entry and spreadsheet-based planning are a hindrance to expansion in today’s competitive marketplace. Fast-growing companies like iNova understand that to compete, you need future-proof and flexible technology underpinning your operations,” said Allan Dow, president, Logility. “Working together, we were able to improve iNova’s forecast accuracy by 50%, automate nearly half of its PO creation and significantly improve safety stock modelling. It’s been a rewarding process to see what the right solutions have enabled their team to accomplish. “For twenty years running, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services,This year’s field of nominees was highly competitive and excellent overall, coming from all sectors of supply chain management. Logility should be proud to be named amongst the 100 Great!” -Brad Berger, publisher, SupplyChainBrain Logility will appear in the 2022 August issue of SupplyChainBrain magazine and on SupplyChainBrain.com as an honored member of this year’s 100 Great Supply Chain Partners. To view the comprehensive list of winners, please click here. About SupplyChainBrain SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year-round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions - and continues to write and report about these as they evolve and mature. About Logility Accelerating the digital sustainable supply chain, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility® Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s SaaS-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). To learn how Logility can help you make smarter decisions faster, visit www.logility.com.

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SOFTWARE AND TECHNOLOGY

Rockwell Automation Study Finds Traceability, Serialization Key Initiatives in APAC Corporate Supply Chain Strategies

Rockwell Automation | August 16, 2022

Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, finds that digital transformation, sustainability initiatives, and customer experience (CX) improvements are among the top priorities driving the development of new corporate supply chain strategies, according to a new study conducted by Forrester Consulting. The study, Increase Brand Loyalty and Generate ROI with Improved Traceability, was commissioned by Rockwell Automation to understand the degree to which environmental, social, and governance (ESG) commitments, external regulatory demands, and brand reputation drive private-sector interest in supply chain traceability solutions. According to the survey, Asia-Pacific companies (62%) are most focused on the digital transformation of their supply chain, and 59% said their company wants to implement or improve sustainability initiatives. While compliance remains a key driver of new investments in supply chain management, demands related to sustainability and customer experience have propelled these strategic shifts. In fact, 57% of supply chain decision makers have already implemented or are expanding initiatives that will reduce waste within their supply chain. Forrester Consulting's research on behalf of Rockwell Automation is based on a January 2022 survey of 307 global supply chain decision makers about their use of or interest in traceability and serialization solutions to optimize their supply chain. To download a copy of the full report, click here. "While companies are already seeing some success from serialization initiatives, those that invest in more comprehensive traceability solutions often see improved data ownership, cost savings from reduced counterfeiting and grey market diversion, and higher customer satisfaction," -Christine Akselsen, CEO of Kezzler. Rockwell Automation's supply chain capabilities combined with Kezzler's cloud-based traceability technologies help customers connect suppliers, manufacturing, logistics, and consumers into one real-time traceability platform. Rockwell and Kezzler have already created traceability solutions for customers like FrieslandCampina, one of the world's largest dairy companies. About Rockwell Automation Rockwell Automation, Inc. (NYSE: ROK) is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 25,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com

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SUPPLY CHAIN

NI to Enhance its Global Supply Chain Operations by Selecting Kinaxis

Kinaxis Inc. | August 09, 2022

Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, has been selected by NI to undergo a digital supply chain transformation, gaining end-to-end visibility and laying the foundation for continued business growth.NI, headquartered in Austin, Texas, has developed automated test and automated measurement systems for more than 40 years. By leveraging the Kinaxis RapidResponse® platform and concurrent planning technique, NI will enhance the company’s supply chain planning process and supporting technologies, resulting in a more flexible, agile, and resilient supply chain. “A critical component of the NI growth strategy is targeting segments with powerful growth drivers, including electric and autonomous vehicles, wireless communication, and new space technology. Our highly differentiated technologies and offerings enable our customers to constantly evolve their testing systems to get to market faster, To ensure strong relationships with all of our customers, we are committed to modernizing our supply chain process for timely delivery. The unique capabilities offered by Kinaxis align with our priority to serve our customers with the speed and accuracy required. In return, our business will be more predictable and process efficient.” -Adam Rutkovszky, Director of Supply Chain Transformation, NI With Kinaxis, NI will have complete transparency across its supply chain and the ability to balance all aspects of the demand and supply plans instantly and continuously, taking into consideration material restrictions, geographical standards, and market volatility. When changes inevitably occur, the company will be able to run multiple scenarios, simultaneously, removing planner guesswork. “Global supply chains are complex, and part of our people matter here approach aims to remove repetitive tasks and empower supply chain planners to be better equipped to handle disruption and make impactful business decisions We are thrilled to work with NI and support its supply chain, helping them to continue to innovate and provide solutions to their customers.” -John Sicard, Kinaxis CEO About Kinaxis Inc. Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or Twitter.

Read More

SUPPLY CHAIN

Logility Recognized Among SupplyChainBrain’s 100 Great Supply Chain Partners

Logility, Inc | August 18, 2022

Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, announced its recognition as one of SupplyChainBrain’s 2022 100 Great Supply Chain Partners. The company was recognized for its work with iNova Pharmaceuticals, a distributor of prescription medicines and healthcare products, to transform its data management, demand and supply planning, replenishment planning and analytics framework.Our business is complex. In addition to widely dispersed geographies, our planning processes have to reflect and synthesize different market dynamics,” said Rowan Seccombe, Sales and Operations Planning Manager, iNova. “We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. The platform approach was also a tremendous asset.” To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management. Logility’s deep industry expertise and the comprehensive Logility® Digital Supply Chain Platform enabled consistency in planning and reporting across all regions. This collaboration has reduced “misfires” and enhanced communication and decision-making across the entire enterprise. Our implementation consultants constantly challenged us to justify and reconsider current processes and the implementation went quickly,” said Seccombe. “The flexible and configurable design of the Logility platform has greatly reduced our reliance on legacy systems and has established a trustworthy source of truth. Manual entry and spreadsheet-based planning are a hindrance to expansion in today’s competitive marketplace. Fast-growing companies like iNova understand that to compete, you need future-proof and flexible technology underpinning your operations,” said Allan Dow, president, Logility. “Working together, we were able to improve iNova’s forecast accuracy by 50%, automate nearly half of its PO creation and significantly improve safety stock modelling. It’s been a rewarding process to see what the right solutions have enabled their team to accomplish. “For twenty years running, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services,This year’s field of nominees was highly competitive and excellent overall, coming from all sectors of supply chain management. Logility should be proud to be named amongst the 100 Great!” -Brad Berger, publisher, SupplyChainBrain Logility will appear in the 2022 August issue of SupplyChainBrain magazine and on SupplyChainBrain.com as an honored member of this year’s 100 Great Supply Chain Partners. To view the comprehensive list of winners, please click here. About SupplyChainBrain SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year-round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions - and continues to write and report about these as they evolve and mature. About Logility Accelerating the digital sustainable supply chain, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility® Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s SaaS-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). To learn how Logility can help you make smarter decisions faster, visit www.logility.com.

Read More

SOFTWARE AND TECHNOLOGY

Rockwell Automation Study Finds Traceability, Serialization Key Initiatives in APAC Corporate Supply Chain Strategies

Rockwell Automation | August 16, 2022

Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, finds that digital transformation, sustainability initiatives, and customer experience (CX) improvements are among the top priorities driving the development of new corporate supply chain strategies, according to a new study conducted by Forrester Consulting. The study, Increase Brand Loyalty and Generate ROI with Improved Traceability, was commissioned by Rockwell Automation to understand the degree to which environmental, social, and governance (ESG) commitments, external regulatory demands, and brand reputation drive private-sector interest in supply chain traceability solutions. According to the survey, Asia-Pacific companies (62%) are most focused on the digital transformation of their supply chain, and 59% said their company wants to implement or improve sustainability initiatives. While compliance remains a key driver of new investments in supply chain management, demands related to sustainability and customer experience have propelled these strategic shifts. In fact, 57% of supply chain decision makers have already implemented or are expanding initiatives that will reduce waste within their supply chain. Forrester Consulting's research on behalf of Rockwell Automation is based on a January 2022 survey of 307 global supply chain decision makers about their use of or interest in traceability and serialization solutions to optimize their supply chain. To download a copy of the full report, click here. "While companies are already seeing some success from serialization initiatives, those that invest in more comprehensive traceability solutions often see improved data ownership, cost savings from reduced counterfeiting and grey market diversion, and higher customer satisfaction," -Christine Akselsen, CEO of Kezzler. Rockwell Automation's supply chain capabilities combined with Kezzler's cloud-based traceability technologies help customers connect suppliers, manufacturing, logistics, and consumers into one real-time traceability platform. Rockwell and Kezzler have already created traceability solutions for customers like FrieslandCampina, one of the world's largest dairy companies. About Rockwell Automation Rockwell Automation, Inc. (NYSE: ROK) is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 25,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com

Read More

SUPPLY CHAIN

NI to Enhance its Global Supply Chain Operations by Selecting Kinaxis

Kinaxis Inc. | August 09, 2022

Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, has been selected by NI to undergo a digital supply chain transformation, gaining end-to-end visibility and laying the foundation for continued business growth.NI, headquartered in Austin, Texas, has developed automated test and automated measurement systems for more than 40 years. By leveraging the Kinaxis RapidResponse® platform and concurrent planning technique, NI will enhance the company’s supply chain planning process and supporting technologies, resulting in a more flexible, agile, and resilient supply chain. “A critical component of the NI growth strategy is targeting segments with powerful growth drivers, including electric and autonomous vehicles, wireless communication, and new space technology. Our highly differentiated technologies and offerings enable our customers to constantly evolve their testing systems to get to market faster, To ensure strong relationships with all of our customers, we are committed to modernizing our supply chain process for timely delivery. The unique capabilities offered by Kinaxis align with our priority to serve our customers with the speed and accuracy required. In return, our business will be more predictable and process efficient.” -Adam Rutkovszky, Director of Supply Chain Transformation, NI With Kinaxis, NI will have complete transparency across its supply chain and the ability to balance all aspects of the demand and supply plans instantly and continuously, taking into consideration material restrictions, geographical standards, and market volatility. When changes inevitably occur, the company will be able to run multiple scenarios, simultaneously, removing planner guesswork. “Global supply chains are complex, and part of our people matter here approach aims to remove repetitive tasks and empower supply chain planners to be better equipped to handle disruption and make impactful business decisions We are thrilled to work with NI and support its supply chain, helping them to continue to innovate and provide solutions to their customers.” -John Sicard, Kinaxis CEO About Kinaxis Inc. Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or Twitter.

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