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The Bayesian approach uses a combination of a priori and post priori knowledge to model time series data. That is, we know if we toss a coin we expect a probability of 0.5 for heads or for tails—this is a priori knowledge. Therefore, if we take a coin and toss it 10 times,...

Superior transportation management planning is characterized by optimized planning, proactive carrier management, improved visibility, and comprehensive control over operations and freight accounting. This white paper explores five essential elements that can transform the...

As supply chain teams demand the power of best-of-breed supply chain optimization solutions, the question becomes how best to integrate these powerful solutions with the organization’s existing enterprise resource planning (ERP) and advanced planning and scheduling (APS)...

Introduced in the early 1990s, inter-firm Electronic Data Interchange – or EDI – is now (already!) considered as a long-standing practice.Today, most large and middle-sized enterprises own such systems. They feature in over 70% of companies operating in a...

With the advent of new technologies, a changing geopolitical context and ever more pressing concerns about sustainability, are we seeing the emergence of a new form of globalisation?   At the IfM's annual Cambridge International Manufacturing Symposium, leading...

Supply Chain Digest conducted 80 detailed survey responses from leading corporations, supplemented by one-on-one interviews with dozens of supply chain executives and industry experts. The study shows users clearly rating best-of-breed solutions superior to ERP applications with...

According to Gartner, the typical company provides support services and parts for an average of more than seven years after an initial product sale. Aftermarket parts and service have profit margins as much as 10 times those for initial product sales, and post-sale service is key...

Your organization relies on its contract management processes to protect itself in a fast-moving and unpredictable business environment of risks, rules, and relationships. But contract management is changing, due to such factors as technology, globalization, and an increasingly...

The purpose of this paper is to investigate the interface between product design and the supply chain and to develop a roadmap to the design centric business through better management of this interface. The research shows that successful companies will be those which seek to...

Manufacturing outsourcing has become a global phenomenon as more and more companies continue to join the bandwagon. Lowering costs, servicing local markets, reducing order cycle times, focusing on core competencies and more importantly, maximizing return on investment have been...


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News & Trends
 

Last update 9 Aug 2023
Decline in manufacturing performance softens in July
   Source: S&P Global US Manufacturing PMI ™  -  IHS Markit
United States 


Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...


Education
 

Local & Regional Agenda
 


Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

Five steps to cost justify a warehouse management system in today's omni-channel world

In the past five years, the rapidly emerging omni-channel marketplace has impacted warehousing operations resulting in a need for systems with increased capabilities and flexibility that are adaptable, configurable, a...


International Agenda