March, 2023

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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

The story continues. Bloated inventories. Rising inflation. Tightening of organizational belt-cutting to improve cash. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days.

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Welcome to A Day at ProMat 2023

Logistics Viewpoints

ProMat 2023 is being held this week, March 202 -23 in Chicago. I spent the full day yesterday roaming the floor and meeting with exhibitors. For those of you that were unable to attend, this article will provide a thorough second-hand experience of a day at this expansive exhibit. ProMat 2023 occupied both McCormick Place South and McCormick Place North with over 1,000 exhibitors.

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Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives

Talking Logistics

I met Maria Villablanca, Co-Founder & CEO Future Insights Network, in person for the first time last September at the Transporeon Summit conference in London. We were the bookends of the conference: I gave the opening keynote and Maria wrapped up the conference by sharing her takeaways from the event and moderating an insightful panel. Read more The post Top of Mind Challenges and Opportunities for Supply Chain and Logistics Executives appeared first on Talking Logistics with Adrian Gonzalez

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Supply Chain Risk Management with Barry Conlon

The Logistics of Logistics

Barry Conlon and Joe Lynch discuss supply chain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Barry is the CEO and founder of Overhaul, an Austin-based company that provides intelligent, real-time supply chain visibility, risk, compliance, and insurance solutions for global shippers and logistics providers.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

I need to clear the air. My goal is to engage the supply chain community in a no smoke and mirrors discussion. Here I am attempting to write a no holds barred post: one absent of hype with a focus on authenticity. My observation is that the supply chain community perpetuates a number of myths about planning. As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics

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Highlights from Manifest 2023 with Courtney Muller

The Logistics of Logistics

Courtney Muller and Joe Lynch discuss highlights from Manifest 2023 conference, which was held in Las Vegas, January 31 to February 2. Courtney is currently the President of Manifest, a new generation event with logistics technology at the center. She leads the Manifest team and drives all strategic partnerships for the event. About Courtney Muller Courtney Muller lived in 8 states before she was 14 years old.

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Supply Chain Optimization Technology for ESG Compliance

AIMMS

The post Supply Chain Optimization Technology for ESG Compliance appeared first on AIMMS.

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This Week in Logistics News (March 11 – 17)

Logistics Viewpoints

Happy St Patrick’s Day! It’s a day to wear green, and apparently, spend some green as well. Every year, the National Retail Federation conducts a survey on St. Patrick’s Day spending. This year, 61 percent of consumers plan to celebrate St. Patrick’s Day, up from 54 percent in 2022 and the highest in the history of the survey. With more celebration comes more spending, and consumers are sparing no expense to go all out for the holiday this year.

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When Execution Meets Visibility

Talking Logistics

It’s time to think beyond appointments. While improved appointment scheduling for the gate and warehouse is a worthy application of real-time transportation visibility data, estimated time of arrival (ETA) knowledge alone isn’t sufficient to meaningfully improve your operations and their efficiency or reduce operational costs at your facility. Visibility data for appointments and gate-in/gate-out events.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Why We Should Treat the Defense Supply Chain as a Network

The Network Effect

The post Why We Should Treat the Defense Supply Chain as a Network appeared first on The Network Effect.

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How Can Scheduling and Yard Management Software Optimize the Retail Supply Chain

C3 Solutions

New challenges constantly threaten retail operations and profitability in 2023. Retailers today face numerous supply chain issues. In addition, they also struggle with inflation, supply chain volatility, and labour shortages. All these recent struggles have made retailers struggle to make a reasonable profit.

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Highlights from TPM 2023 with Peter Tirschwell

The Logistics of Logistics

Peter Tirschwell and Joe Lynch discuss highlights from TPM 2023. Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. About Peter Tirschwell Peter Tirschwell is Vice President in the Maritime, Trade & Supply Chain division of S&P Global ;, a global data, analytics and business

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The key to success lies in operations

Supply Chain Movement

In the space of one week, Amazon and Microsoft announced layoffs affecting 20,000 people. This sent shockwaves in Seattle, a city that has been living in a tech bubble for the past decade or so. The ‘tech-cession’ has been rumbling on for a few months now. Although it initially affected smaller tech start-ups, it seems that even tech hyperscales like Amazon and Microsoft can no longer escape this significant shakeout.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When a company undergoes a digital transformation, the transformation should be based on an understanding of what they want to achieve. A transformation that is based on the idea that by putting in new applications the company will automate a process, or processes, and provide more and better data to make decisions, is a poor foundation for a true

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Above the Fold: Supply Chain Logistics News (March 31, 2023)

Talking Logistics

When I was a kid, I used to eat mayonnaise on Wonder Bread sandwiches. That’s it. Just mayonnaise, nothing else between the bread. I loved those sandwiches. I certainly enjoyed them more than ham and cheese sandwiches. Whenever we would go on school field trips, they would serve us a boxed lunch, and inside was. Read more The post Above the Fold: Supply Chain Logistics News (March 31, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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What Lesson Learned from Experience Would You Share with Future Supply Chain Leaders?

John Galt

We tapped into a wealth of knowledge from supply chain experts and thought leaders to ask what lesson from experience they would share with future leaders. Read their answers!

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Sales & Operations Planning vs Integrated Business Planning

Arkieva

Are you ready to move beyond S&OP to integrated business planning? This blog covers key considerations for implementing IBP. Sales & Operations Planning vs Integrated Business Planning was first posted on March 21, 2023 at 8:12 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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The Empty Container Marketplace with Sean Bardon

The Logistics of Logistics

Sean Bardon and Joe Lynch discuss the empty container marketplace. Sean is the Co-founder and COO at Qualle , The world’s first empty container marketplace that connects exporters, importers, trucking companies, and steamship lines. Using Qualle’s technology, supply chains run more effectively, more efficiently, and less greenhouse gases are released into the atmosphere.

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Implementing a Demand Planning Transformation: Pitfalls and Complications

CHAINalytics

Implementing a Demand Planning Transformation is rife with pitfalls. Any organisation engaging in a transformation needs to carefully plan and execute to reap the benefits of their efforts. See how, in a previous blog post on demand planning, we outlined the five steps of the demand planning process. So, is your organisation ready for change … The post Implementing a Demand Planning Transformation: Pitfalls and Complications appeared first on Chainalytics.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

According to the Federal Reserve Bank of New York , nearly three years after Covid-19 was declared a pandemic, supply chains are back to normal. Actually, when looking a bit closer at the numbers, supply pressures actually fell below normal. Zero marks the historical average, and changes in either direction mark standard deviations from that trend. The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August

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Above the Fold: Supply Chain Logistics News (March 24, 2023)

Talking Logistics

I attended ProMat in Chicago this week. If you’ve never been to ProMat, it’s like Disney World for supply chain and logistics professionals. Crowds of people, more than 1,000 rides (I mean, exhibitors) spread out across two enormous halls, some vendor booths as big as skyscrapers, and the loud, nonstop sounds of conversations, robots, presentations, Read more The post Above the Fold: Supply Chain Logistics News (March 24, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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ChatGPT for Supply Chain: Exploring the Opportunities Ahead

SCMDOJO

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. With the advent of new technologies, businesses have revolutionized how they operate and stay ahead of the curve. And one of the most promising innovations in recent years is ChatGPT for supply chain.

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A Discussion on Warehouse Automation Featuring Marc Wulfraat

Amware Logistics and Fulfillment

Supply chain consultant Marc Wulfraat joined Amware’s EVP of Strategy & Operations, Chad Warzecha, on a recent episode of Unboxing Fulfillment – the modern B2C fulfillment podcast. They discussed various aspects of warehouse automation. Check out the full 30-minute discussion or read on for key insights.

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The Power of Partnerships with The Matt Silver

The Logistics of Logistics

Matt Silver and Joe Lynch discuss the power of partnerships in the logistics and transportation space. Matt is the VP of Strategic Partnerships with Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. About Matt Silver Matt Silver is the VP of Strategic Partnerships with Greenscreens.ai. Greenscreens.ai is a dynamic pricing infrastructure for the logistics industry that optimizes and enriches historical and real-time market data to predict

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Digital Supply Chain Transformation: Is Bad Data Wreaking Havoc?

CHAINalytics

Data is an essential part of every digital supply chain transformation, and your data accuracy will determine the quality of your results. However, data cleansing is often overlooked, and you’ll feel the ripple effects throughout the process. What data belongs, and what should be left out? What data to include, what data to reconsider, and … The post Digital Supply Chain Transformation: Is Bad Data Wreaking Havoc?

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. A unicorn has a valuation of over $1 billion. One of the more interesting is o9 Solutions. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 billion after a funding round. Based on their growth, the company may be worth even more now.

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Across the Pond: The European Transportation Market (March 2023)

Talking Logistics

Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they provided me with access to their Transporeon Market Insights data for additional insights and perspective. I once again shared my commentary for this month in a brief Transporeon Journal Market Update. Read more The post Across the Pond: The European Transportation Market (March 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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How AI and Machine Learning are Changing the Supply Chain Game

John Galt

Learn about key areas where machine learning helps solve challenges for the supply chain with real-world examples from your peers.