Mon.Jan 15, 2024

article thumbnail

Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

article thumbnail

ToolsGroup Named Leader in Five G2 Categories for Winter 2024

ToolsGroup

The software company earns Leadership recognition in supply chain planning and demand planning across regions. BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports. Across all report categories, less than 4% of products and services earn Leader recognition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech

IT Supply Chain

By Mike Loukides (pictured) Vice President of Emerging Tech, O’Reilly The post AI affecting up to 40% of jobs warns IMF: O’Reilly VP of Emerging Tech appeared first on IT Supply Chain.

article thumbnail

ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

article thumbnail

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.

article thumbnail

Majority of Suppliers Expect More Disruptions Over the Next Two Years

Supply Chain Brain

The survey showed that 53% of organizations are investing in resources to develop and maintain programs that prepare a company for significant supply chain disruptions.

More Trending

article thumbnail

Inventory Glut: Strategies and Insights for Modern Retailers

ShipBob

Striking the perfect balance between supply and demand is a complex dance for any business. If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. The result? Financially, it can lead to significant losses as businesses are forced to sell stock at discounted prices, or worse, write off unsold inventory as a loss.

article thumbnail

The Power of Artificial Intelligence in Manufacturing

IT Supply Chain

By Mohammed Salifu (pictured) Group Data & Analytics Director, Domino Printing Sciences The post The Power of Artificial Intelligence in Manufacturing appeared first on IT Supply Chain.

article thumbnail

Inventory Optimization: How Can You Tell How Close to Optimal You Are?

Supply Chain Brain

Inventory optimization is a phrase much used and abused. The honest minority of supply chain professionals will admit that they don’t objectively know what "good" looks like.

article thumbnail

Tesla Semis Don’t Have Full Autopilot (and That’s a Very Good Thing)

Logistics Viewpoints

The much-delayed Tesla Semi has finally hit the road. The Semi started its first consumer deliveries in 2022. The vehicles have only been delivered to one customer – PepsiCo. Since then, the PepsiCo’s Tesla Semi fleet has grown to almost 100 vehicles. The Tesla Semi is a battery electric Class 8 semi-truck built by Tesla. Unlike Tesla’s electric cars the Semi does not support an upgrade to Enhanced Autopilot.

article thumbnail

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.

article thumbnail

Faster Quotes, Higher Profits with Ben Derin

The Logistics of Logistics

Ben Derin and Joe Lynch discuss what it takes to achieve faster quotes and higher profits as a freight broker. Benjamin is the Founder and CEO of S2Q Systems , the creators of the fast-growing Speed to Quote® software platform that is helping transportation and logistics companies respond faster to incoming quote requests. About Benjamin J. Derin Benjamin J.

article thumbnail

Supply Chain News on US Market for Warehouse Space Reverting to the Mean

Supply Chain Digest

Vacancy Rates back over 5 Percent in Q4 2023, Cushman and Wakefield Says

article thumbnail

Remember the Mall? Now, it’s a Fulfillment Center, and More

Supply Chain Brain

What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.

Logistics 115
article thumbnail

Supply Chain Newss on is Drone Delivery Era Finally Here

Supply Chain Digest

Walmart CEO Says it will Cover 75 Percent of Dalla and Ft.

Dallas 39
article thumbnail

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

article thumbnail

Achieve 33% Restaurant Business Growth With Dispatcher Mobile App

Loginext

This article provides an overview of the benefits of using a mobile dispatcher app for seamless restaurant operations. Learn how the LogiNext Mile Mobile App has helped restaurants grow and sustain business by helping them with auto assignment and handling peak hour challenges. The post Achieve 33% Restaurant Business Growth With Dispatcher Mobile App appeared first on loginextsolutions.com.

article thumbnail

U.S.-Owned Cargo Ship Near Yemen Hit by Missile

Supply Chain Brain

The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

Yemen 111
article thumbnail

Achieve Significant Restaurant Business Growth With Dispatcher Mobile App

Loginext

This article provides an overview of the benefits of using a mobile dispatcher app for seamless restaurant operations. Learn how the LogiNext Mile Mobile App has helped restaurants grow and sustain business by helping them with auto assignment and handling peak hour challenges. The post Achieve Significant Restaurant Business Growth With Dispatcher Mobile App appeared first on loginextsolutions.com.

article thumbnail

World’s Biggest Uranium Miner Warns of Production Shortfall

Supply Chain Brain

Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.

94
article thumbnail

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

article thumbnail

How Bad Inventory Management Results In Lost Customers

Valogix

In this article, we will explore the reasons why bad inventory management leads to lost customers and discuss strategies to improve this crucial aspect of business operations.

article thumbnail

RFQ vs. RFP: Which One Should You Use?

Precoro

Every procurement professional faces a time when they have to make a purchase in unfamiliar territory. Typically, it starts when an employee creates a purchase requisition to notify the department manager of the need for new goods or services. Alternatively, when an organization embarks on a new project, procurement managers are tasked with finding the ideal supplier that aligns with the project’s requirements.

article thumbnail

Protected: 2023 NFI Wrapped

NFI

In 2023, NFI expanded our North American footprint and continued to deliver innovative new products — it has been a year that makes us incredibly proud.

article thumbnail

Gamified workplaces entice 84% of warehouse workers:

Lucas

New Lucas Systems market study reveals game mechanics can drive employee engagement Wexford, PA – January 16, 2024 — Warehouse workers who play together, stay together, according to market study insights released today from Lucas Systems, a distribution center technology provider providing software to workers in more than 400 warehouses worldwide. In the study [.

article thumbnail

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.

article thumbnail

Day 1 @ NRF 2024 Unwrapped: Trends, Tech, and Transformations

Cognira

Day 1 @ NRF 2024 Unwrapped: Trends, Tech, and Transformations January 15, 2024 Events Home The world’s largest retail trade show, NRF 2024, has kicked off! Over 800 exhibitors, 40,000 attendees, and a plethora of sessions covering green retail, digital transformation, Generative AI implementation, and more. Cognira is excited to participate in the Retail Big Show as an exhibitor, presenting our innovative promotion management solution for retailers at booth 601.

article thumbnail

Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Since our last blog on the Red Sea Ship Attacks on December 21, six of the top ten container shipping firms, including Maersk, MSC, Hapag-Lloyd, CMA CGM, ZIM, and ONE, have either significantly reduced or completely halted their operations in the Red Sea region.