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Articles by Blockchain Strategy
Call for Speakers and Award Winning Supply Chains
By Bob Trebilcock · November 23, 2018 Are you researching or writing about the emerging technologies that are going to power tomorrow’s supply chains? Or, are you a supply chain manager whose organization is doing great things with AI, robotic process automation, the Internet of Things, robotics, sensors, block chain or 3D printing? If you answered yes on either counts, Supply Chain Management Review wants to hear from you.
Economists Paint Rosy Picture for Retail Supply Chain Sectors
By Patrick Burnson, Executive Editor · November 21, 2018 As noted in our staff report, retail supply chain managers are bracing for a heightened frenzy of seasonal shopping this weekend. According to IHS Markit Associate Director James Bohnaker’s updated Holiday Sales Outlook, “a roaring job market is the gift that keeps on giving.” “We expect holiday retail sales to grow 4.4% over last year in 2018, compared with 5.3% growth in 2017,” he says.
Deloitte Study: More than 70 percent of Consumers Plan to Shop During the Holiday Weekend
By SCMR Staff · November 21, 2018 More than 7 in 10 (71 percent) holiday shoppers plan to head to the stores and online over the Thanksgiving weekend (Thanksgiving Thursday - Cyber Monday), according to a new survey from Deloitte. • Holiday shoppers say they’ll spend an average of $420 between Thanksgiving and Cyber Monday, and 88 percent expect to spend more or the same on the holiday season than they originally intended.
Quiet Logistics opens new fulfillment center
By SCMR Staff · November 20, 2018 Quiet Logistics, Inc. today announced significant expansion with the opening of a world-class, 355,000 square foot fulfillment center on Jackson Road in Devens, Massachusetts. The new facility creates 150 full-time jobs, and is designed to handle Quiet’s current and projected growth, enabling the company to scale with customers that are facing significant increases in order volumes fueled by the booming global e-commerce industry.
How Serious is the Holiday Supply Chain Talent Shortage and What Can We Do About It?
By DHL Supply Chain · November 19, 2018 In 2015, the American Trucking Association opened eyes across the industry when they predicted a shortage of more than 90,000 drivers by 2020. Now, that prediction is becoming a reality and the supply chain labor shortage is no longer limited to drivers.
How retailers can ensure supply chain sustainability
Long gone are the days when negative publicity over working conditions in supplier factories was the driving force behind calls for a sustainable and ethical supply chain. Because of the increasing environmental concerns threatening supply chain sustainability, businesses have never been so focused on achieving this goal – especially for retailers and consumer goods manufacturers.
Research report: Is your supply chain ethical?
Are you operating an ethical supply chain? Are ethics part of the discussion in your organization? And, if so, what are the best practices your supply chain organization is addressing? Those are questions APICS, Loyola University Chicago and Supply Chain Management Review addressed in The Ethical Supply Chain in the November issue of SCMR.
APQC Infographic: Carbon Management Benefits More Than The Environment
Many organizations consider sustainability when developing their supply chain strategy. To be comprehensive, sustainability goes beyond considering emissions during the shipment of components from a supplier and the delivery of product to a customer. You can view the full size APQC infographic here
Asia Technology Summit Examines Ocean Cargo Supply Chain Transparency
By Patrick Burnson, Executive Editor · November 16, 2018 Global supply chain managers seeking more ocean cargo rate transparency may have heard some encouraging news at the rencently-concluded Asia Technology Summit in Singapore. The annual event is hosted by INTTRA, a leading ocean shipping network, software and information provider which was acquired by E2Open last month.
This Year’s “Singles’ Day” in China Reached US $30.8 Billion in Sales
While the U.S. was celebrating Veterans’ Day and Europe was celebrating Armistice Day, China was going wild with Singles’ Day. Singles’ Day or Guanggun Jie is a holiday that celebrates pride in being single in China. The date, November 11th, was chosen because the number “1” resembles an individual who is alone. But Singles’ Day has become so much more after Alibaba started promoting it a few years ago. This year, shoppers bought $30.7 billion worth of merchandise in 24 hours.
Are Your Distribution and Transportation Costs Out of Control?
It was a moment of truth for the leadership team at one global consumer goods manufacturer. After years of rapid expansion that included several acquisitions, the company’s distribution network had become overly complex, inefficient and costly. Its 150 distribution centers and 150 warehouses spanned the world—but they operated independently. The cost of that inefficiency was staggering.
IAM Robotics raises $20 million
IAM Robotics raises $20 million from KCK Ltd. to expand deployment of its autonomous mobile picking robotic solutions. IAM is responding to the growing need for flexible automation systems in logistics environments. The investment will be used to accelerate robot production and to build a sales, marketing and delivery organization that works closely with leading distributors to transform the supply chain. “Distributors and retailers need more workers to meet the demands of e-commerce.
New Global Blockchain Alliances Vie for Ocean Cargo Supply Chain Dominance
By Patrick Burnson, Executive Editor · November 14, 2018 CargoX is launching CargoX Smart B/L platform today, claiming that it is the “first open, neutral blockchain platform” in the shipping industry for real-world commercial use. Numerous global companies are already using the solution, spokesmen added. This includes Swiss global logistics specialist Fracht AG.
A new day for picking robots
In real estate, it’s all about location, especially if it’s a distribution center location. But inside these DCs, it’s rapidly becoming all about labor. Or lack of labor, actually. That convergence of location and labor in distribution are rapidly making picking robots a newfound possibility out on the floor. “Picking robots are a straight labor availability play,” explains Erik Nieves, CEO and co-founder of PlusOne Robotics. He goes on to explain that DCs in many locations are clustered.
NextGen Supply Chain Interview: Crystal Parrott, Dematic
This month we spoke with Crystal Parrott, vice president of Dematic’s Robotics Center of Excellence. With more than 28 years of robotics and automation experience, she leads all of the company’s robotic initiatives. Parrott was previously responsible for the development of advanced robotics solutions at Southwest Research Institute. NextGen Supply Chain: Robots are not new to industry. We’re all familiar with welding, painting and material handling robots, especially in automotive.
Last Mile Delivery: What Shoppers Want and How to #SaveRetail
By SCMR Staff · November 14, 2018 With seemingly never-ending news of major retail bankruptcies, the word “apocalypse” seemed to echo across every media outlet this year. In the past, blame has largely been placed on the rise of Amazon both in terms of increased competition and the high delivery expectations it’s created. Customers are now trained to expect fast, free shipping and full control over the experience, all while supply chains have other forces to contend with, including rising costs.
Getting to S&OP Success
By SCMR Staff · November 13, 2018 Sales and Operations Planning consistently ranks as one of the top three priorities for management teams. According to industry research, a strong repeatable S&OP process can: Improve Working Capital 15% Increase Forecast Accuracy 20% Grow Revenue 5% Download Getting to S&OP Success today and identify the attitudes, practices and specialized resources best-in-class companies have found so rewarding.
Proposed Tariffs May Have Impact on Most U.S. West Coast Ports and Supply Chains
A potential U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at California’s third largest ocean cargo gateway so far. In fact, the Port of Oakland is on track for its third straight year of record container volume in 2018. But for Pacific Rim supply chain managers, the one looming question is “can it last?” When Oakland convened its quarterly meeting of its “Efficiency Task Force” last month, the jury certainly appeared to be out on this one.
Improving Forecast Accuracy Through Demand Sensing
Editor’s Note: Every year, 40 or so students in the MIT Center for Transportation & Logistics’ (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year research projects. The students are early-career business professionals from multiple countries with 2 to 10 years of experience in the industry. Most of the research projects are chosen, sponsored by, and carried out in collaboration with multinational corporations.
Think small!
A friend of mine is having a dickens of a time selling her home in Columbus, Ohio. It’s in a great neighborhood with one of the best school systems in the area. And, at over 4,000 square feet with a nice big yard it’s the kind of house people my age aspired to. What’s not to like? Apparently, it’s the size. The realtors have told her that the houses selling right now are smaller because today’s buyer doesn’t want to take care of all that property. Sometimes, it pays to think small.
8 Ways to Master Your Supply Chain Labeling
As we enter the 21st century, companies are expecting more out of their existing barcode labeling software and are coming up short. Download the following report to learn how an Enterprise Labeling Solution can help you scale and add flexibility to your current supply chain labeling process, allowing you to adapt to evolving business requirements. Labeling plays a critical role in every company’s supply chain and is part of today’s digital transformation.
Supply Chain Crime Can Be Addressed By Blockchain Strategy, Says Deloitte Study
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help mitigate financial crime risks in their supply chains.
8 Circuit Studios unveils blockchain-enabled deep space survival game Project Genesis
8 Circuit Studios has unveiled its first game, Project Genesis, a deep space survival game that is powered by the Ethereum blockchain. 8 Circuit Studios is an ambitious company that hopes to use blockchain, cryptocurrency, and other collaboration tools to build the Metaverse, the digital universe envisioned in novels by William Gibson and Neal Stephenson and featured in movies Ready Player One, TRON, and The Matrix.
8 Circuit Studios plans token sale to build blockchain-based Metaverse
8 Circuit Studios is launching a cryptocurrency token sale so that it can raise money to build a blockchain-based platform for the Metaverse, the digital universe envisioned in novels by William Gibson and Neal Stephenson and featured in movies Ready Player One, TRON, and The Matrix. The company will hold a token sale for the cryptocurrency, 8 Bit Token, and launch other blockchain-integrated products in the coming weeks.
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