Wed.Apr 24, 2024

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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

I am coming to you from the sunny confines of San Diego, CA where I am attending the 2024 Körber Elevate conference. This is my first time attending Körber Elevate, and it did not disappoint, with over 800 attendees, 60 thought provoking sessions, and lots of networking and learning opportunities. The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges.

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

Retailers can now ensure higher profitability by maximizing the ROI from each in-season retail promotion through advanced AI optimization Boston, MA and London, UK — April 24, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimizationsoftware, today announced the launch of their PromoAI Solution, a new promotions optimization solution in the greater JustEnough retail planning and execution suite.

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Reinventing Defensive Supply Chain Risk With AI

Supply Chain Brain

Moving from risk-reduction mode (defense) to opportunity-creation mode (offense) requires a mindset change and more advanced processes, technologies and talent.

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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

It seems everywhere you look you see AI. There are 70,717 AI startups and counting. AI chatbots are everywhere. And there’s even AI in refrigerators. Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. In this post, Stord’s team of supply chain experts shares insights and predictions to help you prepare for AI’s impact on logistics and how high volume e-commerce, DTC and B2B brands can be prepared to capitalize

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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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Watch: Challenges in Today’s Supply Chains — and How Technology Can Help

Supply Chain Brain

Technology, including AI, offers help with almost all challenges in today's supply chains. But it's important to separate hype from reality, says Amin Sikander, president of Synkrato.

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Gartner Warns 'Real Risk' Supply Chain Leaders Could Misuse GenAI

Supply Chain Brain

Gartner's report warns that a focus on using GenAI to cut down on labor costs could alienate supply chain workers.

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How “Just in Time Delivery” Becomes a Superhero with Supply Chain Visibility Software

Loginext

Dive into the world of JIT delivery and LogiNext's supply chain visibility software solution! Learn how they work together to make businesses run smoother, reduce waste, and keep customers happy. The post How “Just in Time Delivery” Becomes a Superhero with Supply Chain Visibility Software appeared first on loginextsolutions.com.

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5 Innovative Ways to Use Data Science in eCommerce

IT Supply Chain

By Rob Jackson (pictured) Content Writer The post 5 Innovative Ways to Use Data Science in eCommerce appeared first on IT Supply Chain.

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inNOWvate Supply Chain Event in Amsterdam

DiManEx

Come meet us at the Tech Area! Contact for a meetup at inNOWvate Supply Chain Event in Amsterdam ! The post inNOWvate Supply Chain Event in Amsterdam appeared first on DiManEx.

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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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Elevating Outdoor Aesthetics: Exploring the Beauty and Functionality of Cedar Brackets

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Elevating Outdoor Aesthetics: Exploring the Beauty and Functionality of Cedar Brackets appeared first on IT Supply Chain.

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Supply Chain by the Numbers for April 25, 2024

Supply Chain Digest

UAW Finally Wins Big Union Vote at VW. Euro Companies could be Liable for Extended Supply Chains. US Manfacturing Up in March after Long Flat Period.

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The good, the bad & the future of generative AI

IT Supply Chain

By Stephen Hayes (pictured) Managing Director, Beckhoff UK The post The good, the bad & the future of generative AI appeared first on IT Supply Chain.

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Supply Chain News onTrial Program to Allow Younger Truck Drivers has a Flat Tire

Supply Chain Digest

Carriers and Under 21 Year Old Drivers Show Little Interest in Apprentice Program

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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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Unlock Your Future: The Hottest Entry-Level IT Jobs for Recent Grads & Career Changers

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Unlock Your Future: The Hottest Entry-Level IT Jobs for Recent Grads & Career Changers appeared first on IT Supply Chain.

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Green Fleet: How does an LMS help Prioritize Focus on Sustainability and Business Growth?

Loginext

Logistics Management Software (LMS) drives green fleet sustainability using advanced algorithms and real-time data to minimize fuel consumption and operational costs by optimizing routes. Additionally, major players in the logistics industry like UPS, FedEx, and DHL are investing in electric vehicles and renewable energy to achieve net-zero emissions.

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Four Ways to Reduce Your Scope 3 Emissions From Within

Supply Chain Brain

While the effort may be more challenging than Scope 1 and 2 reporting, there are many things a company can do to reduce Scope 3 carbon emissions.

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5 Must-Know Benefits of AI for Your Warehouse

Locus Robotics

April 24, 2024 5 Must-Know Benefits of AI for Your Warehouse Mary Hart , Senior Content Marketing Manager Warehouse facilities aren't just dusty storage spaces anymore that are visited sometimes to retrieve an item, or in the case of the Indiana Jones movies, to store a supernatural ark that can melt faces off. (Hopefully your warehouse doesn’t have that.

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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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European Parliament Approves Human Rights 'Due Diligence' Directive

Supply Chain Brain

The law requires select EU companies to mitigate against business practices like forced labor, pollution, and various other human rights abuses.

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RapidTech + FabCon 3D in Erfurt

DiManEx

Come see our presentation! Contact for a meetup at RapidTech + FabCon 3D in Erfurt ! The post RapidTech + FabCon 3D in Erfurt appeared first on DiManEx.

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Battery Recycling Shatters the Myth of Electric-Vehicle Waste

Supply Chain Brain

The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint.

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Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges

All Things Supply Chain

Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.

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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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Boeing Posts $355M Loss in First Quarter of 2024

Supply Chain Brain

The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.

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Stop Food Waste Day 2024

Enterra Insights

An unimaginable amount of food is wasted every year. According to the staff at Recycle Track Systems (RTS), “The world wastes about 2.5 billion tons of food every year.”[1] Would it surprise you to learn that America is the world’s worst offender? The RTS staff reports, “The United States discards more food than any other country in the world: nearly 60 million tons — 120 billion pounds — every year.

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NRF Urges Congress to Pass Legislation to Fight Organized Retail Crime

Supply Chain Brain

The NRF argues a federal response to organized retail crime is critical, as law enforcement agencies across jurisdictions often lack sufficient resources to quickly catch and prosecute retail criminals.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. And we know that numbers don’t lie. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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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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New Approval Capabilities in Precoro for More Comprehensive Workflows

Precoro

Approval workflows are key for keeping spending in check and avoiding financial risks. As businesses grow, though, these approval processes often become more complicated, which can slow things down. With its latest update, Precoro introduced a smoother and more customizable process, so companies can make faster decisions without sacrificing oversight or risking budgets.

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Biden Administration Raises Salary Threshold for Overtime Pay

Supply Chain Brain

Starting on July 1, the threshold will increase from $35,568 to $43,888, and then again to $58,656 on January 1, 2025.

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