Articles
Commentary
Artificial and Human Intelligence: An Unbeatable Combination
Investment in logistics technology—$26 billion in the past seven years—is white hot right now. Here’s a small sampling of the types of solutions that venture capitalists arefinancing: An artificial intelligence (AI)-driven demand-prediction engine that helps lifestyle brands forecast how many units of a particular item will sell. The mission? To better match global inventory levels […]
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What’s your best reverse logistics tip?
According to the National Retail Federation, the total rate of returns was 16.6% in 2021, up from 10.6% in 2020. The best way to reduce returns is to understand the total cost of your returns and to make sure your reverse supply chain is optimized along with the rest of your supply chain.
Read MoreWhat’s the difference between traceability and transparency in the supply chain?
Traceability is showing your customer where their freight is. Transparency is showing them how it got there.
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Global Trade Management Systems Guide 2022
In today’s complex and unsettled business environment, global trade management (GTM) systems are more important than ever. They can connect sourcing and logistics to make global trade more transparent and efficient. From resource planning and transportation management to data analytics, these GTM providers can help take some of the stress out of managing a global supply chain.
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Why Logistics Managers Should Care About AP
Regardless of industry, logistics managers are charged with establishing and maintaining strong relationships with their suppliers. Good logistics managers strive to be easy to work with so their supply chain runs smoothly. However, with so much on their plates, developing relationships with suppliers may not be their top priority. In 2020, logistics managers’ jobs became […]
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How to Ensure Delight in the Grocery Aisle
Fulfilling customer needs and maintaining their ongoing satisfaction remains a critical priority. Disappointing a customer doesn’t sit well with a retailer or store associate, and that sense of frustration is something retailers should be working to prevent, starting with the following strategic supply chain enhancements. Improve demand forecasting to reduce unwelcome surprises. Typical seasonal products, […]
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Rowenta Irons Out Inventory Challenges
Where do I go when it is too painful to watch TV? To my garage workbench. As it happens, my daughter had a project for me. Her pricey Rowenta iron was staining and scorching clothes. I can’t fix what’s going on in the world, but I’ll try my hand at this! Having broken several appliances […]
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7 Strategies to Reboot Global Supply Chains
These tips will help your company restart operating systems, processes, and strategies through the new normal.
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Using Digitalization to Navigate Through Disruptions
Industry 4.0 is a revolution in manufacturing and holds promise for improving supply chain efficiency and flexibility. The convergence of technology disruptions—automation, analytics, artificial intelligence, and augmented reality—drives this revolution. Why is digitization important and what key technologies are fueling the shift? Intelligent supply chains. Intelligent technologies, such as automation, remote fleet management, and cargo […]
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5 Ways to Improve and Optimize Driver Retention
COVID tightened up the supply chain with shortages of medical supplies, computer chips, consumer products, and household goods. Not only has demand increased relative to supply, but employee and customer satisfaction continue to be on the decline.
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10 Best Supply Chain Companies of 2021
Gartner’s annual global Supply Chain Top 25 identifies today’s supply chain leaders and highlights their best practices.
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9 Steps to Safeguard Your Digital Supply Chain
Even as digital supply chains have become more critical, they’ve also become increasingly vulnerable to attack. Here’s how to lock up your information.
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12 Inbound Logistics Podcast Episodes for Illuminating Logistics Conversations
Get insightful takes from logistics leaders in these must-listen discussions, packed with practical tips and observations.
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Retail Inventory: Old Method, New Tricks
Toshifumi Suzuki led 7-Eleven Japan’s spectacular rise from small licensee to the highest-grossing retailer in Japan. At the heart of his strategy was a simple management framework called Tanpin Kanri. The idea is simple: Take an active, rather than reactive, approach to restocking shelves.
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18 Quick Tips For 2022
Looks like 2022 will be fraught with many of the same challenges as last year. But IL has your back. We collected 18 tips from our audience—the leaders in logistics—to help you navigate with certainty.
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Supply Chain Education: Cramming for Success
Business is crazy these days. That means graduates of supply chain programs need to understand resilience and risk management along with technology, analytics, operations, and strategy.
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Evaluate Risk Before Critical Decisions
Disruption across global supply chains has always been present, but the ongoing pandemic has magnified the risks supply chain leaders face, while simultaneously limiting response options in an already high-pressure environment.
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Bullwhip or Just Bull?
Are shipping lines pricing themselves out of business? Blame the bullwhip effect, a distribution channel phenomenon in which demand forecasts yield increasing swings in inventory. Let’s take that idea a bit further. Financial pressures on publicly traded companies drive short-term policies that please The Street analysts to satisfy investor expectations. Yielding to those pressures sometimes […]
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