Thu.May 30, 2024

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AI-driven Estimated Delivery Dates: The Checkout Conversion Tool of the Future

Talking Logistics

The future lies in getting more conversions and building customer trust with the power of AI-driven estimated delivery dates. Parcel tracking has evolved from a differentiating feature to a baseline expectation. Customers rightfully demand visibility into the whereabouts of their orders. But that’s already old news. Today, the real transformative power of logistics data lies.

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Why Retail Promotions Fail: When a Failed Promotion Is Really a Failure of Your Allocation and Replenishment Strategy

ToolsGroup

Promotions are, without a doubt, a vital tool in the retail arsenal. However, all too often, promotions fall flat, failing to deliver the expected lift in sales or even damaging brand perception in the process. Over the last few weeks, we’ve explored the problems retailers face with promotions, examining diminishing returns in a promo-saturated market , misaligned pricing and discounting strategies and confusing markdown problems and promo problems.

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Mitigating Supply Chain Disruption Through Smart Packaging

Supply Chain Brain

Supply chain disruption continues to be a challenge for retailers across the globe. Nevertheless, there are some proactive measures that retailers can take to mitigate risk.

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Key Takeaways From the 2024 Finished Vehicle Logistics Conference

BlueYonder

For over a century, the global automotive industry has centered around one primary technology: the internal combustion engine. However, the digitalization of modern cars is now transforming the industry, with significant implications for the entire supply chain. As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies.

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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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Bitcoin: Catalyzing Transformation in Traditional Banking Models

IT Supply Chain

By Claire Lloyd (pictured) Content Writer The post Bitcoin: Catalyzing Transformation in Traditional Banking Models appeared first on IT Supply Chain.

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The Role of Trademarks in Protecting Brand Identity

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post The Role of Trademarks in Protecting Brand Identity appeared first on IT Supply Chain.

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From Zero Visibility to End-to-End Control: 5 Ways to Grow Your Transportation Business with Supply Chain Visibility Software

Loginext

Supply chain visibility software offers businesses real-time tracking, enhanced data analytics, improved collaboration, and increased operational efficiency. By adopting this technology, transportation businesses can significantly boost customer satisfaction and loyalty. Learn how leading companies like FedEx, Walmart, P&G, UPS, and DHL have transformed their operations with supply chain visibility software.

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Scorecard Software for Small and Large Enterprises

IT Supply Chain

By Rob jackson (pictured) Content Writer The post Scorecard Software for Small and Large Enterprises appeared first on IT Supply Chain.

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Supply Chain: Women, Men, and a Little AI

Demand Driven Technologies

It’s no secret that AI is all vogue. When you’re in the supply chain software solutions business, if you don’t have AI, you’re a has-been. Don’t worry, we’ve started to infuse a little AI to good effect in Intuiflow… However, it’s hard for industry players to see where AI is relevant. Have you seen any.

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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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EV Maker Lucid Group to Decrease U.S. Workforce

Supply Chain Matters

Supply Chain Matters highlights an announcement by premium EV auto start-up Lucid Group calling for a six percent reduction in the company’s U.S. workforce. The move adds to other EV industry workforce related cutbacks due to muted market demand and increased price based competition. EV auto start-up Rivian has also recently initiated an added headcount reduction.

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Empowering Ethical Sourcing: Eliminating Forced Labor with Supply Chain Intelligence

Exiger Perspectives

Article Empowering Ethical Sourcing: Eliminating Forced Labor with Supply Chain Intelligence Article May 30, 2024 Navigating the complexities of global supply chains reveals a troubling reality: The prevalence of forced labor is more common and obscured than many businesses realize. Deciphering the Signs of Forced Labor Within Complex Supply Chains With over 49.6 million people entangled in forced labor, a significant portion — approximately 27 million — are caught within the supply chain ecosys

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Toyota’s EV Product Development and Market Growth Strategies

Supply Chain Matters

Supply Chain Matters provides a follow-up automotive industry perspective focusing on Toyota Motor and its inherent abilities to continuously adapt to consumer and market dynamics. Background In a prior Supply Chain Matters commentary published in October 2023 which we titled as: Told You So Moment for Akio Toyoda , we highlighted for readers and clients that in his CEO role, family icon Akio Toyoda questioned the timelines of the global auto industry’s wholesale transformation toward an all-e

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Dimanex: A Rising Star in 3D Scanning Technology for Logistics

DiManEx

We are proud to share that StartUs Insights selected Dimanex as an emerging leader in the logistics industry, offering innovative solutions through 3D scanning technology. StartUs Insights: “Their cloud-based platform revolutionizes the management of spare parts by leveraging AI analytics and digital twins, enabling on-demand, localized production.

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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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Supply Chain by the Numbers for May 30, 2024

Supply Chain Digest

Cargo Thefts Way Up in Q1. China Economy Improving. Campbell Soup to Revamp Supply Chain.

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Recent Case Studies Highlight Weber’s Retail Logistics Expertise

West Coast and California Logistics

Weber Logistics continues to demonstrate excellence in retail logistics through its partnerships with leading brands. Weber’s work with Cuisinart Outdoors and Reduce Everyday illustrate how 3PL services are tailored to meet their diverse needs of clients, ensuring efficiency, scalability, and superior customer satisfaction.

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Supply Chain Graphic of the Week on Most and Least Complex Countries for Supply Chain Ops

Supply Chain Digest

Companies Looking for Alternatives to US, China

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Dockflow and mintBlue Partner on Emissions Tracking for EU Shippers, Carriers

Supply Chain Brain

This is in response to the EU's Corporate Social Responsibility Directive, which mandates emissions reporting starting in 2026.

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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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Tank Wash Finder Tool Celebrates 5th Anniversary

Bulk Connection

June marks the 5th anniversary of the Bulk Connection Tank Wash Finder , the bulk freight industry's most comprehensive tank wash location directory. Since its launch in 2019, the tool has been used tens of thousands of time by dispatchers, drivers and chemical shippers to quickly locate wash facilities for tanker trucks across the U.S. and Canada.

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Amazon to Expand U.S. Drone Service After Getting Regulator’s Nod

Supply Chain Brain

Amazon will expand the area it services with drones in Texas, and will start integrating such shipments into its same-day delivery network this year.

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How to Price a Product to Maximise Sales & Profit

Unleashed

Determining a product’s optimal price is one of the most important actions for maintaining a successful business. Effective product pricing should ensure you incorporate all the costs to produce goods and still make a profit. Here we cover how to price a product to maximise sales and profit, provide tips on calculating optimal selling price, plus look at a few handy product pricing strategies.

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U.S. Online Retailers Lose Billions to Returns Fraud in 2023

Supply Chain Brain

Claims and appeasement fraud surged by 1.5% year-over-year in 2023, with retailers estimating that 10.5% of all return claims were fraudulent.

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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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What is Material Requirements Planning (MRP)?

ThroughPut

Material Requirements Planning (MRP) is a critical tool for manufacturers to effectively manage production scheduling, inventory control, and supply chain planning. To be more specific, MRP is a system that helps businesses ensure the right materials are available at the right time to meet production demands while minimizing inventory costs and maximizing efficiency.

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Watch: Key Requirements for Choosing a Warehouse Management System

Supply Chain Brain

Choosing a warehouse management system most likely involves turning from home-grown IT to an expert external vendor, streamlining legacy technology, and expanding the business portfolio, says Sean Moore, chief information officer with CJ Logistics Americas.

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The Wall Street Journal E-Edition Article

Operations and Supply Chain Management

Follow the link below to view the article. U.S.

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Podcast | What’s So Smart About ‘Smart’ Connected Products?

Supply Chain Brain

What exactly is so smart about “smart” connected products — and just what are they connected to?

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Four Ways Your Existing Data Can Eliminate Bottlenecks in Supply Chain

ThroughPut

Our supply chains today are far and widespread, spanning across continents and industries – this only makes them that much more complex to visualize. Consequently, the chances of bottlenecks in the supply chain also increase with such complexities. To add to this, several technological innovations have essentially made the global supply chain world that much smaller.

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UN Denounces Red Sea Shipping Attacks as 'Illegal and Unjustifiable'

Supply Chain Brain

The IMO's resolution marks the first instance of the group addressing the issue since Houthi attacks in the Red Sea began in late 2023.

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Is the Gridlock Cracking in Washington, D.C.?

Enterra Insights

Over the past several years, I’ve had occasion to write about the political polarization gripping America and how it adversely affects the business environment. In a recent article, journalist David Leonhardt reports that Washington’s gridlock may be cracking. He explains, “In a country that is supposed to have a gridlocked federal government, the past four years are hard to explain.