Mon.Jan 29, 2024

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Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

Inflation is an unavoidable fact of the globalized economy, and it impacts organizational spending across various sectors. Whether on a smaller or larger scale, inflation is a reality for every country. The inflation rate can vary greatly by location — for instance, in 2023 it was 3.4% for the US yet 10.7% in the Czech Republic. Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesse

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Key Insights From the Gartner® Market Guide for Distributed Order Management

BlueYonder

As a Representative Vendor in the latest Gartner ® Market Guide for Distributed Order Management Systems, Blue Yonder is excited to be recognized for our Distributed Order Management system. Retailers, manufacturers and logistics providers are facing pressure from both the supply and demand sides of their businesses. As companies continue to implement omni-channel commerce, they are looking for solutions to help manage increasing supply chain costs and changing consumer expectations.

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Cloud ERP Security Concerns: Best Practices for a Secure Future

RFgen

The rise of cloud-based Enterprise Resource Planning (ERP) systems marks a significant shift in how businesses manage and process their data. Although still an emerging market, as much as 95% of organizations are open to using a cloud ERP platform. This is no surprise, given cloud’s ability to increase efficiency, scalability, and accessibility with lower initial costs.

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The Impact of Real-Time Visibility on 4 Essential Processes

My Office Apps

Modernizing ERP: The Impact of Real-Time Visibility on 4 Essential Processes In the ever-evolving business environment of Enterprise Resource Planning (ERP), achieving real-time updates across all modules has become a paramount goal for businesses seeking heightened efficiency and agility. This blog explores the integration of real-time updates into relevant modules, providing a comprehensive overview of how immediate data entry translates to instantaneous changes throughout the ERP system.

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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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Think Decision first, Data and AI later

Supply Chain Trend

“Companies with flaky master data would be wise to cleaning that up first before embarking on DI.”, a comment on my last blog about Decision Intelligence said. I surely agree, data is absolutely important when implementing technology. It already was when I was implementing ERP or APS systems 20+ years ago. And it still is. Garbage in is still garbage out indeed.

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5 Key Trends in 2024 for Asian Manufacturers

SYSPRO Smarter ERP

Technology is becoming a major focus for Asian manufacturers. Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. Manufacturing will continue to be shaped in 2024 and beyond, by technological advances. Significant trends are emerging that manufacturers should be watching.

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7 Top Reasons to Automate Your Warehouse in 2024

Locus Robotics

Home January 29, 2024 7 Top Reasons to Automate Your Warehouse in 2024 Mary Hart , Senior Content Marketing Manager Warehouse managers face immense pressure every day to fulfill ever-growing order volumes with shrinking labor budgets and supply chain disruptions. Of the 200 US-based manufacturing executives Deloitte surveyed for a supply chain report , 80% reported “heavy or very heavy impact on their supply chain by at least one disruption over the last 12–18 months” and 90% of surveyed execu

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What is SKU Rationalisation? Process, Benefits, Best Practices

Unleashed

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. It involves identifying and removing low-performing or redundant SKUs for an optimised product portfolio. This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it.

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7 Top Reasons to Automate Your Warehouse in 2024

Locus Robotics

By Mary Hart Warehouse managers face immense pressure every day to fulfill ever-growing order volumes with shrinking labor budgets and supply chain disruptions. Of the 200 US-based manufacturing executives Deloitte surveyed for a supply chain report , 80% reported “heavy or very heavy impact on their supply chain by at least one disruption over the last 12–18 months” and 90% of surveyed executives reported “the frequency of these disruptions has increased over the last decade.

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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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Logtech Companies Trimming Staff

Supply Chain Brain

Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.

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The Year of the Brownfield Warehouse

Logistics Viewpoints

David Latona, CEO of Tompkins Solutions Greenfield construction occurs when a company builds its own, brand-new facilities from the ground up. Brownfield investment happens when companies invest to improve the performance of existing facilities. Greenfield investments are much bigger capital expenditures. This form of investment allows the latest technology to be employed and for a facility to be built that meets all of a company’s current needs.

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The Game-Changing Role of Graph Technology in Supply Chain

Supply Chain Brain

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

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Food & Beverage Brand Fulfillment with Anne Hallock

The Logistics of Logistics

Anne Hallock and Joe Lynch discuss food & beverage brand fulfillment. Anne is the Chief Revenue Officer at Flowspace , the software platform and distribution network powering independent fulfillment. About Anne Hallock Anne Hallock is a strategic leader focused on building value for brands. As Chief Revenue Officer at Flowspace, she oversees Sales, Marketing, and technology commercialization.

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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 News on Nearly Two Years after Vote to Organize at Amazon, Grass Roots Union without Money or a Contract

Supply Chain Digest

Once Labor Hero Chris Smalls under Growing Scrunity

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An Artificial Intelligence-based Solution to Sudoku

Arkieva

This blog celebrates National Puzzle Day by detailing how to solve a Sudoku puzzle using artificial intelligence. An Artificial Intelligence-based Solution to Sudoku was first posted on January 29, 2024 at 9:40 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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BR Williams Announces 2023 Top Carriers of the Year

BR Williams Supply Chain Management

BR Williams Logistics, LLC Recognizes The 2023 Top 15 Carriers of the Year for Excellence in Honesty, Integrity, and Service BR Williams Logistics, a leading logistics company dedicated to delivering exceptional services, proudly announces the acknowledgment of its Top 15 Carriers of the Year for 2023. This prestigious recognition highlights these outstanding carriers’ exceptional performance, dedication, and commitment throughout the year.

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Retailers Are Planning to Shake Things up in 2024, Survey Finds

Supply Chain Brain

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.

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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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Factors to Consider When Selecting a Gasket Manufacturer

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Factors to Consider When Selecting a Gasket Manufacturer appeared first on IT Supply Chain.

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US DOT Makes Intermodal Infrastructure Investments

Supply Chain Brain

The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.

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Complete Guide to the Order Management Process in Ecommerce

ShipBob

Table of Contents ** Minutes What is order management? Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. New orders are placed on your ecommerce platform, then whoever is storing your inventory has to select, package, and ship the right products to the right place.

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Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast

Supply Chain Brain

Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.

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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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Watch: The Impact of Biden’s Executive Order on AI

Supply Chain Brain

Attorney and legal technology expert Colin S. Levy explains the scope of President Biden’s recent executive order on the development of artificial intelligence, and speculates about its long-term implications.

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French Farmers Block Highways Around Paris as Protests Sharpen

Supply Chain Brain

Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.

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