More than 60 percent of surveyed companies view logistics as non-strategic, yet expectations for near-perfect performance are placing increasing stress on global logistics organizations, according to research and advisory firm Gartner Inc.
There are two major challenges that companies face today in forecasting, says Bob Leonard, vice president of sales with Forecast Pro. One is the push to drive down to more detail, including smaller time buckets. The other is the need to treat forecasting as an analytical task, instead of just clerical work.
Valogix LLC, a vendor of inventory planning and optimization software for small and mid-sized businesses, has created the Valogix Inventory Planning SuiteApp, built on the NetSuite Suite Cloud Computing Platform.
Avnet provides leading-edge supply chain visibility solutions to OEM customers that have extended global supply chains and significant contract manufacturing operations. These supply chains often are highly complex and very geographically dispersed.
In a move it says will improve its supply chain efficiency, Pinnacle Foods Group LLC announced plans to consolidate its Vlasic pickle production into one plant in Imlay City, Michigan. The company's decision to focus on its branded Vlasic business and de-emphasize its lower-margin, un-branded pickle business was the catalyst for this consolidation.
SAP America, the U.S.-based subsidiary of Germany's SAP AG, has agreed to acquire Ariba, the software vendor specializing in procurement and business-to-business commerce.
Software AG has introduced iKnow, a visibility product for managing the order-to-cash process. According to the vendor, the new tool provides users with the knowledge and context needed to detect and diagnose supply-chain anomalies in real time.
Supply-chain professionals have been sounding the warning bell about the coming talent shortfall for several years now. But who's listening? At a time when the economy at large is coping with high unemployment and sluggish job growth, the notion of a sector that can't attract enough qualified bodies is tough to grasp. Still, that's the reality in the supply-chain world today, and it's only going to get worse.
The demand for vendor-managed inventory programs in warehouses behaves "as a pendulum swinging back and forth between supplier and retailer," says John Mayer, vice president of sales with Park City Group. Over the last six to 12 months, he says, it has swung back in the direction of favoring VMI. Mayer has seen particular interest in the technique in the grocery industry.