July, 2022

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Supply Chain Sustainability: The Business Case for Growth and a Competitive Advantage- ToolsGroup

ToolsGroup

Companies are leveraging supply chain sustainability to gain a competitive advantage–while supporting people and the environment.

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Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut

Logistics Viewpoints

Last week I saw a news headline from the Washington Post stating Michael Burry’s ‘Bullwhip’ Tweet Deserves Serious Attention. Michael Burry ( @michaeljburry ) is most well-known as the hedge fund manager portrayed by Christian Bale in the movie “ The Big Short.” His track record justifiably garners many followers on Twitter – 895,000 according to the account.

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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.

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How to Make Technology a Friend, Not a Foe

Talking Logistics

We live in an age when our technology devices are so intuitive that any 3-year-old can download the apps for Pokémon, Lego Duplo World, or their favorite game in 30 seconds on an iPhone. As professionals, we often wish that the technology we use in our work lives was equally intuitive and user-friendly, especially since. Read more How to Make Technology a Friend, Not a Foe.

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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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“True Greenfield” – Answering the Distribution Service Time Challenge 

Logility

How to properly optimize your logistics network with network design. The Challenge. Modern business means fast distribution. Amazon is not the only company driven to one- and two-day delivery; all industries are headed to shorter service windows. This means more distribution points, closer to your customers. Now, supply chain leaders are caught between a cost versus service crunch.

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Digital Supply Chain Transformation: Your Go-To Guide | Chainalytics

Supply Chain Brief Submitted Articles

If information on digital supply chain transformation is widely available, why don’t 53% of these efforts achieve their objectives?

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Gamification and Robotics Level Up Employee Engagement

Logistics Viewpoints

Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. What’s more, the physical rigors and repetitive nature of supply chain work are creating massive challenges when it comes to employee retention.

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What is Supply Chain Agility, and Why is it a Game-Changer?

C3 Solutions

When we hear the word ‘agile,’ most would think of athletes and fitness. But in business parlance, agility is understood differently. It is the ability to adapt seamlessly. This agility or flexibility is an important aspect of various business systems in use today. In the context of supply chains and logistics, agility refers to how quickly businesses can adjust to the latest developments in the industry.

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Rules-based Approach to Supply Planning: Matching Assets with Demand

Arkieva

In any supply chain, matching the supply assets to the demand in a consistent, reliable, and profitable manner is a key requirement. This blog discusses how to create supply plans based on a sequence of rules that makes the decision-making process fast, effective, and intuitive. Rules-based Approach to Supply Planning: Matching Assets with Demand was first posted on July 6, 2022 at 7:53 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial us

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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 the Supply Chain Talent Shortage Isn’t Letting Up

Supply Chain Brain

As we appear to be emerging from our worst healthcare crisis in a century, many experts have assumed that people would eagerly return to work. But that is simply not happening. .

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How Are Supply Chain Disruptions Causing Strain in Laboratories?

All Things Supply Chain

Supply chain shortages make securing the goods people need and want tremendously difficult. Sometimes, such issues cause mere annoyances or mean consumers must wait longer for non-essential items.

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Council Post: The Foundation To Achieving Supply Chain Resilience

Supply Chain Brief Submitted Articles

With staggering inflation rates, fuel costs and labor shortages, businesses worldwide are navigating persistent unpredictability throughout the entire value chain. Boosting supply chain resilience is inevitably the new imperative.

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Amazon Puts the Best Possible Spin on an Overbuilt Network

Logistics Viewpoints

Goods-to-Man Robot at an Amazon Warehouse. Last Tuesday, Amazon issued a press release that highlighted the company’s investments across its global operations network to provide fast delivery for customers. Prime Day is July 12 th and 13 th. On Prime Day, Prime members in 20 countries have access to deals on everything from top national brands to products from third-party sellers.

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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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Top 10 Best Supply Chain Job Boards

SCMDOJO

Supply Chain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supply chain job boards, including those I have tried over time. The platform includes supply chain entry-level jobs and supply chain remote jobs.

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Smart, data driven stock-buying initiatives will be the key for supermarket survival

IT Supply Chain

By Sachin Jangam (pictured). CPG, Retail & Logistics Lead, Infosys Consulting. The post Smart, data driven stock-buying initiatives will be the key for supermarket survival appeared first on IT Supply Chain.

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California Throws 70,000 Truckers in Gig-Work Legal Limbo, Risking Supply Chains

Supply Chain Brain

About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.

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7 key skills for successful supply chain and procurement negotiation

Procurement Academy

Negotiation is key to business success. Successful negotiation involves good interpersonal and communication skills used together to bring a desired result. For procurement professionals, it’s a core skill that’s essential to be well practiced in. A good negotiator can ensure the right prices are secured, which makes a significant contribution to an organization’s success.

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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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Diversifying for the Future: Women in Supply Chain

Supply Chain Brief Submitted Articles

The next generation of the supply chain is here – evolving to be more nimble, more global, and more technologically-advanced than ever before. And, more diverse. As our industry steps forward, it’s critical we ensure the next generation of talent sees themselves reflected in our workforce.

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Supply Chain Digitization Gains Favor as Disruptions Continue

Logistics Viewpoints

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers.

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Supplier Registration – Goals, Benefits & Challenges

SCMDOJO

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. You probably only know a handful of providers. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

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How the fabricated metals industry can benefit from a Cloud ERP system

SYSPRO Smarter ERP

How could a manufacturing business that bends, cuts and welds metal benefit from Cloud ERP? With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. By nature, the Fabricated Metals Industry creates made-to-order products based on specific customer specifications.

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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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Supply Chain Greenwashing? Six Certifications to Look For

Supply Chain Brain

In recent years, consumers have become increasingly interested in shopping sustainably. With that increasing interest has come a lot of confusion — 64% of Americans are willing to pay more for sustainable products, but 26% don’t know how to identify them.

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Top Ways 3PL Warehouses Can Survive a Period of Inflation and Financial Downturn

All Things Supply Chain

Unless you’ve been living underneath a rock, you’re aware that our world has been hit with a few years of unprecedented challenges – from a global pandemic to supply chain…

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How to Reduce Supply Chain Redundancy With Technology

Supply Chain Brief Submitted Articles

According to a McKinsey report, supply chain disruptions cost the average organization 45% of one year’s profits over the course of a decade.

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What Does it Cost to Implement a Transportation Management System? How Long Do the Projects Take?

Logistics Viewpoints

ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers. Interviewing the system integrators (SIs), that implement the different types of transportation software solutions, allowed us to complete our 360-degree review of freight trans

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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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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Like safety stock calculations , EOQ is one of the most important equations in supply chain planning.

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Driving manufacturing momentum with competitive ISV solutions

SYSPRO Smarter ERP

Can specialist ISV solutions solve unique business challenges faced today? Spurs in consumer demand, rising globalization and the dependence on fragile global supply chains are changing the manufacturing landscape as we know it. While navigating these challenges, businesses are expected to produce higher return of capital than their competitors or face the risk of redundancy.

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Coalition Calls for Freight Data Exchange Standard to Cut Supply Chain Emissions

Supply Chain Brain

A Washington-based think tank has launched an initiative to encourage widespread adoption of standardized data-sharing in the freight sector in order to boost sustainability.

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