Hospitals can save $9.9M by improving their supply chains

supplychaindive | September 20, 2017

According to a study by Navigant, hospitals could save $9.9 million annually by making their supply chains more efficient, Healthcare Finance reported last week.Supply chains represent approximately 30% of hospital spending, second only to the cost of labor. Pharmaceuticals, the largest cost within the supply chain, represent 5% to 10% of the total 30%.The Navigant study revealed that the greatest opportunity for savings exists within physician preference items such as replaceable hip and knee products, pacemakers and stents. Services for food, janitorial services and other contracts also represent opportunities for savings, though at a lower rate.

Spotlight

The supply chains in Europe are set to change considerably in the years ahead. The strongest economic growth can be found in the eastern part of Europe. New logistics hubs are emerging in Central Europe and more goods flows from Asia will travel via the Black Sea or, as land freight, via the Trans-Siberian rail route. These developments are clearly visible on the European supply chain map which has been co-produced by Buck Consultants and Supply Chain Movement...

Spotlight

The supply chains in Europe are set to change considerably in the years ahead. The strongest economic growth can be found in the eastern part of Europe. New logistics hubs are emerging in Central Europe and more goods flows from Asia will travel via the Black Sea or, as land freight, via the Trans-Siberian rail route. These developments are clearly visible on the European supply chain map which has been co-produced by Buck Consultants and Supply Chain Movement...

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SUPPLY CHAIN

Kinaxis Selected by Global Tea Leader, ekaterra, to Digitally Transform its Supply Chain

Kinaxis | September 20, 2022

Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that ekaterra has selected Kinaxis to break down silos, and introduce concurrent planning to enable a more agile, and accurate supply chain.A major consumer products company, ekaterra is the largest tea business in the world, with brands such as Lipton, PG tips, T2, TAZO® and Pukka. Based in Rotterdam, Netherlands, ekaterra is present in more than 100 countries, with 11 production factories. The company will use the Kinaxis RapidResponse® platform to gain full transparency across its entire supply chain, helping it to better manage disruption and make smarter decisions, faster. Our supply chains begin with a tea leaf then become products for some of the biggest tea brands, enjoyed by people all over the world,” said Abhisek Biyani, IT Enterprise Application Director, ekaterra. “To be able to plan accurately on such a large scale, while also remaining agile to global disruption was very important both for us as a company and to our planners. Kinaxis’ platform aligned with our business’ needs, and we are excited to work with them as our business changes and evolves, as does our approach to supply chain planning. With Kinaxis, ekaterra will have complete transparency of its supply chain, the ability to run multiple simulations and collaborate in real-time and leverage a full suite of applications to give the agility and flexibility needed to react to market volatility and changes in demand. Ekaterra joins a growing consumer products (CPG) customer ecosystem within Kinaxis. “To ensure consumers are able to enjoy a beverage that is fresh and cultivated with care, companies like ekaterra in the food and beverage industry require a high level of speed and accuracy in their supply chain. The only way to achieve that is through the right planning technology, We are excited to work with ekaterra on their digital transformation and to help them achieve all of their supply chain goals.” -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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SOFTWARE AND TECHNOLOGY,SUPPLY CHAIN

Softeon Extends its Leading Software Solution Set for Third-Party Logistics Companies

Softeon | August 05, 2022

Softeon, a global supply chain software provider with the industry's best record of customer success, continues to add new capabilities to its market-leading software solutions for third-party logistics (3PLs) providers, leading to continued new customer partnerships.Softeon 3PL customers include Allen Distribution, CEVA Logistics, DB Schenker, Federation Logistics, G3 Enterprises, KSP Fulfilment, OAI Global, PSS Distribution, Saddle Creek Logistics, Sony DADC, Technicolor, UPS Supply Chain Solutions, and more. Softeon’s advantage for 3PLs starts with a solution portfolio architected specifically for multi-client 3PL environments, with nearly every attribute configurable at the individual client level, supporting unlimited client-specific workflows in the same building. Softeon also provides robust retail e-commerce and brand company direct-to-consumer (DTC) fulfillment capabilities, combined with B2B distribution process models in a single solution. This provides 3PLs maximum flexibility to on-board new clients easily and successfully execute across multiple client business models, enhancing revenue opportunities. That flexibility extends to scalability as well, with the Softeon WMS, for example, able to manage smaller, basic facilities up to large, very complex environments using a single solution - not multiple products as some others in the industry require. Key Softeon solution components for 3PLs include: Warehouse Management System (WMS): Supports the basics from receiving to shipping in a powerful, highly-configurable Cloud-based solution built for 3PLs. Includes flexible “pick route” configuration, a built-in parcel management system, labeling and document printing tools, and many other unique features. Warehouse Execution System (WES): This is an add-on to the WMS that enables additional order fulfillment orchestration and optimization, including advanced labor planning, material handling system synchronization, and direct control and optimization of picking sub-systems such as Voice, put walls, smart carts, pick-to-light and mobile robots. Advanced 3PL Billing System: Includes a highly flexible rate card definition; national, regional and local rates; a robust array of methods for charging for storage; pre-built integration with the Softeon WMS; the ability to bring in non-WMS data for invoicing; direct invoicing or data sent to a 3PL’s accounting system, profitability analysis, and more - the best in the industry. Client Portal: Highly secure web tool for clients to view inventory levels, receipts, in-transit inventory, shipped orders, order status and more, tailored to each client’s needs. Labor Resource and Management: Plans and tracks human and equipment resources, with a unique statistical approach to standards setting, and support for full discrete engineered standards as desired. Multiple Order Management Options: Basic order management capabilities are built into the WMS and used by many Softeon 3PL customers. Softeon also offers traditional Order Management System (OMS) capabilities suitable for call center applications. Of special interest to many 3PLs is Softeon’s Distributed Order Management (DOM) solution. Softeon’s robust DOM provides granular, real-time inventory visibility to inventory across the extended network, enabling 3PLs to offer clients a powerful capability for optimal order sourcing; the ability to manage complex sourcing rules; strong support for subscription services and much more. 3PLs can add more value in ecommerce beyond pick, pack and ship. Configuration Wizard: Softeon’s unique Configuration Wizard enables rapid on-boarding of new clients and the ability for a 3PL to become fully self-sufficient in rolling-out the Softeon WMS to additional sites. “Softeon has architected a solution for 3PLs that delivers powerful capabilities with maximum flexibility, Those technical capabilities are matched by a partnership-oriented approach that drives joint success.” -Dan Gilmore, chief marketing officer at Softeon, You can learn more about the Softeon 3PL partnership story here. About Softeon Softeon is a global provider of supply chain solutions from planning through execution, anchored by our Warehouse Management System (WMS), Warehouse Execution, and Distributed Order Management (DOM) solutions. Our advanced services-based platform is engineered to reduce complex problems into simple solutions for a faster time to market and lower cost of ownership. Users can implement solutions incrementally to solve a specific challenge or deploy an integrated system. Configurable modules and rules-based solutions give market leaders the business agility they need to get ahead and stay ahead. Companies choose the flexibility and ease-of-use of the Softeon platform to drive higher business value and accelerate ROI. Deployment options include on-premise or in the cloud – delivered with a 100% track record of system success. For more information, please visit www.softeon.com.

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LOGISTICS

Logility to Acquire Network Optimization Provider Starboard Solutions

Logility, Inc. | July 05, 2022

Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, announced it has signed a definitive agreement to acquire Starboard Solutions Corp., a Traverse City, Michigan based innovator of supply chain network design softwareStarboard creates an interactive supply chain digital twin of the physical supply chain network and uses gaming technology to provide an intuitive user experience where users can easily explore answers to "what if" questions like “What if I add another distribution point?,” “What if I consolidate production into one site?,” “What if I change up my supply mix?,” or “What if I re-route via a different port?” Starboard offers a unique supply chain visualization solution that can optimize for unknown locations, meaning users do not have to map their plans to a physical location. Applying Starboard’s rich set of reference costs with Logility’s lane rates and time data structures, users have the ability to quickly analyze options in regions for which they have no prior data and locate the absolute best location for future plants, warehouses or 3PL locations. The intuitive design and ease of configuration makes the Starboard network design solution stand out. The solution is built for continuous use, eliminating the need for a consulting project to model potential resolutions to unexpected supply chain disruptions. “Now more than ever, supply chain leaders need solutions to help them see around the corner, plan for plausible changes and quickly pivot to keep their businesses moving forward. Adding Starboard into Logility’s portfolio mix gives our clients that and more, Starboard gives Logility clients the confidence to make the right multibillion dollar investment decisions based on sustainability profile, risk, cost and service.” -Allan Dow, president of Logility The integration of Starboard’s capabilities into the Logility Digital Supply Chain Platform will offer supply chain leaders enhanced integrated business planning outcomes. Once available, users will be able to: improve risk mitigation by measuring and tracking future shipments for each vendor and identifying any bottlenecks adapt to alternate vendor scenarios and source new suppliers understand and reduce emissions with the first in-market Scope 3 Emissions platform and determine total landed costs, measuring tariffs and taxes at each node. Users will be able to model a response to disruptions and update their operating plan within the Logility Digital Supply Chain Platform in minutes to enact the new operating paradigm. “We launched Starboard to create a modern and easy way for supply chain leaders to visualize their supply chains and make better decisions, Joining forces with a proven leader in supply chain planning technology like Logility is a natural extension of that goal. Our shared approach to innovation and client service will undoubtedly create a positive impact for our clients and the market at large.” -Steve Johanson, CEO at Starboard 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 clients 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. About Starboard Starboard answers supply chain design questions with the speed and lucidity that Supply Chain Leaders require. Combining a modern, server-less architecture with gaming technology, Starboard's Navigator platform is the super-simple/super-fast way to model supply chains, ask what if questions, and iterate towards a best solution. Serving leading companies in consumer goods, retail, discrete manufacturing, 3PL’s and management consulting across the globe, Starboard is the fastest growing Supply Chain Design Platform and the most current technology available in the market.

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