More organizations are investing in business-to-business electronic integration (B2Bi) to cut costs and increase business flow efficiency, according to a survey of more than 200 organizations by the University of Tennessee's Global Supply Chain Institute and integration provider DiCentral.
Buy-in and cooperation from internal stakeholders "within the four walls" is no longer sufficient. You need tier 1 and sub-tier supplier collaboration and trust to manage supply chain risk and build end-to-end supply chain resiliency.
By using adaptive software tools, you not only can lengthen the life of your existing WMS products, including legacy systems and systems no longer supported, you now can have all kinds of new functionality at your fingertips.
Consumer demand for more fresh, ready-to-eat products is driving development of new replenishment models based on smaller, more-frequent deliveries, versatile truck drivers and the latest temperature-controlled trailer technology.
When George Zimmer, the founder and former CEO of Men's Wearhouse, looked to launch a new men's formal wear rental company this year, he wanted to create something that would set his company apart from its competitors. The result is Generation Tux, which can provide tuxedo rentals to consumers without requiring them to ever leave their homes.
Traditional demand planning systems have reached their limits, with key forecasting metrics remaining essentially flat for the past five years, says Terra Technology's sixth annual Forecasting Benchmark Study.
Hanjin Newport Co., a division of Hanjin Shipping, is using an ultrahigh-frequency RFID solution to help manage its 20 percent growth in traffic this year at its deep-water terminal in the city of Busan, South Korea.
Analyst Insight: Recent developments in PLM technology have increased substantially the potential for sharing of product data throughout the extended enterprise. Access to such technology has historically been highly variable, especially among smaller members of the supply chain. However, exploitation of cloud-based computing infrastructures, together with major strides in usability are "democratizing" PLM and making it much more accessible. As a result, accurate, up-to-date product information can be made available right across the supply chain. – Tony Christian, Director at Cambashi
Standards group GS1 US has released its Tagged-Item Performance Protocol (TIPP), a guideline that includes a scale for grading the performance of EPC ultrahigh-frequency RFID tags when used on specific products and in specific environments, as well standardizing the testing conducted to identify that grade.