November, 2021

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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management b

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Transform Life Sciences Manufacturing & Operations with a Digital Lean Approach

DELMIA Quintiq

Executing lean concepts in Pharma, Biopharma and Medical Devices is critical to maintain and improve efficiency, quality, regulatory compliance and productivity. With the increasing speed and development of drugs and new devices, manufacturing, quality and labs face potential disruptions from new materials, equipment and manufacturing processes on a continuous basis.

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Cracking the Code for AI in the DC

Logistics Viewpoints

There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. More and more companies are realizing that investing in their DCs and powering them with modern and sophisticated technologies like AI can lead to competitive advantages for the overall company. This quest to master distribution has risen to the top of the list because customers (whether consumers or businesses) are demanding performance like never before.

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Packing for the Future

The Logistics & Supply Chain Management Society

Have you seen the video of an innovative way to pack a suit in a rolled-up cardboard tube ([link] rollor.com/) that’s been circling among the logistics crowd on LinkedIn? I must admit, new ideas on how to package anything more efficiently (and better yet, sustainably) is like catnip to me, a self-proclaimed tree-hugging logistics nerd. In this particular video, the company offers a seemingly simple but sturdy method to ship a suit jacket wrinkle-free!

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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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Developing an Agile Supply Chain Workforce for the Future

The Network Effect

The post Developing an Agile Supply Chain Workforce for the Future appeared first on The Network Effect.

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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep she

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6 Detention Time Prevention Strategies for Inbound Freight

C3 Solutions

For carriers, losing money is a substantial upset. Detention time (greater than two hours wait time) costs drivers between $1.1 to $1.3 billion on average per year, as reported within the 2020 Detention Time Survey. With the constant fluctuation in supply and demand causing changes in transportation prices, it is imperative that additional procedures are implemented.

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Watch: Why Should the Supply Chain Care About Cybersecurity?

Supply Chain Brain

By its very nature, the supply chain is especially vulnerable to cyber attack, says Zac Rogers, assistant professor of supply chain management at Colorado State University.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Singapore’s Status a Global Hub. From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. However Singapore has managed to preserve it position as a global trade hub.

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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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4 Ways Supply Chain Disruptions Will Impact the Holiday Season

The Network Effect

The post 4 Ways Supply Chain Disruptions Will Impact the Holiday Season appeared first on The Network Effect.

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Challenges for the Digital Transformation of Supply Chains

SCMDOJO

Artificial intelligence, machine learning, big data, blockchain – the list of emerging digital technologies is long. There is much discussion on their application and use and they are omnipresent in today´s society. Furthermore, they also have large impacts on companies and especially their supply chains. Companies realize that they do not only need to look.

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Brands need to ensure transparency & great customer service

IT Supply Chain

By Brian Atkinson (pictured). Vice President & General Manager, Five9. The post Brands need to ensure transparency & great customer service appeared first on IT Supply Chain.

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Key questions to ask before ERP implementation

SYSPRO Smarter ERP

Implementing an ERP project can be compared to climbing to the top of Mount Everest, you need to approach it one step at a time before reaching the peak. Also look at it this way: You wouldn’t climb Mount Everest without an experienced guide. An ERP system can help a business dramatically improve its processes and remain competitive, but it’s a journey that must be taken with important considerations.

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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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Watch: Supply Chain Congestion: A Golden Opportunity for Hackers

Supply Chain Brain

Kayne McGladrey, senior member of IEEE, offers valuable tips on how supply chains can shore up their cybersecurity at a time when threats from hackers are greater than ever.

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A Conversation with Stuart Whiting, Schneider Electric

The Logistics & Supply Chain Management Society

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility. Stuart is a British national, married with three children.

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Tips to Master Forex and Binary Options Trading!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Select a Forex Broker! Forex and Binary options trading article and permission to publish here provided by Nikki Gabriel. You must know that opting to be a binary option or a Forex trader can probably be the most profit-making business alternative. We are sure you are curious to know how to get in this boat.

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Black Friday’s Margin Menace: Don’t Sell Your Way to a Loss!

Unleashed

Margins are a nightmare in eCommerce – and Black Friday is when nightmares can come true. For most traders, Black Friday is a welcome shot in the arm; a time when consumers come hunting for deals, and can be enticed to spend up large. Yet lurking amidst the promise of higher sales volumes lies a serious risk. Without a razor-sharp view of your profit margins, you run the risk of Black Friday being all bang and no buck.

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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 New “Survival of the Fittest” for Supply Chain Management

IT Supply Chain

By Angel Mendez (pictured). Executive Chairman of LevaData. The post The New “Survival of the Fittest” for Supply Chain Management appeared first on IT Supply Chain.

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How electronics manufacturers can use ERP to address industry challenges

SYSPRO Smarter ERP

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Given the radical changes of the pandemic, one strategic question electronics manufacturers should be asking themselves is whether they are prepared for further changes in the coming five to ten years.

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Four Steps to Building Better Supplier Relationships

Supply Chain Brain

It’s clear that we need a root-and-branch reimagining of supply chain models, to ensure that global trade can survive future crises like the one we’re enduring today.

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5 Ways To Spark Supplier Engagement: Making Vendors Into Partners

Kodiak Hub

Some buyers and suppliers have relationships where one party, or both parties, genuinely believe that the other party doesn’t care about their business relationship. ??Responding to a tender last week, the project manager thanked me very graciously for my responsiveness and engagement during the process. I laughed, thanked her as well, and said, “Well, it’s my job to be responsive and engaging”.

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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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Evaluating and managing supplier risk

Taulia

Complex supply chains, by their nature, always involve an element of risk. A business that makes up a part of a supply chain will have to rely on other companies in order to operate. This inherently comes with potential dangers. Given that global supply chains, and the complexity that comes along with them, are increasingly common, supply chain risks are more important to consider than ever before.

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The 3 ways serial tracking saves the electronics industry money

Unleashed

Serial number tracking – if you’re not doing you probably need to. For the electronics industry in particular serial tracking is crucial: with small expensive parts, and after-sales service often critical (and time-consuming), it’s important that you know exactly what components you – and your customers, have on hand. These are the 3 main reasons digital serial number tracking is now considered standard best practice for the electronics industry 1.

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Business Intelligence in your Supply Chain: 3 crucial points to fully capitalize your data

SCJunction

Going live with a supply chain solution (WMS, TMS, Omni-channel, etc.) reaps massive benefits in streamlining your processes and managing your business. It also gives you the possibility to gather an immense amount of data. Business Intelligence turns this data into meaningful information which can be used to provide insight in your operation, analyse processes and increase supply chain performance.

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Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

The manufacturing industry confronted many uncertainties in the last year due to the pandemic. The supply chain was shaken by disruptions and market volatility, and the need for adaptation became immediate. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. Businesses were unable to operate at the same level of efficiency as they were facing operational inefficiencies and the increased need for remote collaboration.

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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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Watch: How a Lack of Supply Chain Visibility Fuels Corruption Risk

Supply Chain Brain

Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing them.

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The Ecommerce Strategy of Pharmacies

3PL Insights

The strain on U.S. supply chain continues to be a leading issue in many industries. Shortages of warehouse workers and truck drivers are forcing businesses to find new ways to streamline their supply chain. The implementation of AI technology and robots is becoming increasingly popular, but people are still experiencing delays for online orders. This includes over-the-counter pharmaceuticals that are being purchased in record numbers online after 2020 quarantines propelled this industry forward.

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Financing a Sustainable Future

Taulia

The Paris Agreement was adopted in late 2015 with the goal of limiting global warming. In 2021, as part of the United Nations Climate Change Conference (COP26), there has been renewed focus on what it takes to limit global temperature rise to 1.5 degrees and protect communities and natural habitats. Implementation of the Agreement requires significant economic and social transformation.