Tue.Jan 09, 2024

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Supply Chains to Admire 2023

Supply Chain Insights

Supply Chains to Admire 2023 - Report v4.0 Abstract Supply chain excellence is easier to say than define. The Supply Chains to Admire methodology is a data-driven evaluation to attempt to define excellence. The analysis compares companies to industry performance in each sector for 2013-2023. Now in its tenth year, the Supply Chains to Admire analysis studies improvement, performance, and value on reported financials for over 500 public companies.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Today, we published The Supply Chains to Admire for 2023. Congratulations to the 34 winners. (For a more detailed analysis, check out the Power point summary.) The companies that outperformed industry sector performance while driving improvement and sustaining value are: Apple, Assa Abloy AB, BorgWarner, CCL Industries, Celanese, Cummins Engine, CF Industry, Decker Outdoors, Gilead Sciences, Intuitive Surgical, Hubble, Huntington Ingalls Industries, Leggett & Platt, Lockheed Martin Corporati

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A Guided Tour Through the Qualitative Research City

SCM Research

I am pleased to share with you a new article I co-authored with Wendy L. Tate and Tingting Yan: A Guided Tour Through the Qualitative Research City. This is my first Journal of Supply Chain Management editorial. In this piece, we draw parallels between a city’s less-visited buildings and ten research approaches: (1) grounded theory, (2) interpretive research, (3) sensemaking, (4) sociomateriality, (5) actor–network theory, (6) ethnography, (7) action research, (8) discourse analysis, (9) narrati

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ToolsGroup Named a Leader in the SPARK Matrix for Retail Assortment and Management Applications by Quadrant Knowledge Solutions

ToolsGroup

BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Assortment and Management Applications, Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competiti

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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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Finding Your Spot on the Tradeoff Curve

The Smart Software

Managing inventory, like managing anything, involves balancing competing priorities. Do you want a lean inventory? Yes! Do you want to be able to say “It’s in stock” when a customer wants to buy something? Yes! But can you have it both ways? Only to a degree. If you lean into leaning your inventory too aggressively, you risk stockouts. If you stamp out stockouts, you create inventory bloat.

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Artificial intelligence for business: a year in review

IT Supply Chain

By Kristian Torode (pictured) Director & Co-Founder, Crystaline The post Artificial intelligence for business: a year in review appeared first on IT Supply Chain.

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Toyota Motor Restarts Japanese Operations After Earthquake

Supply Chain Brain

Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.

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Global Supply Chain News on Red Sea Chaos Causing Ocean Shipping Rates to Soar

Supply Chain Digest

Rates from Asia to US East and West Coats Up more than 50 Percent

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Watch: How to Optimize Production Planning for Repackaging

Supply Chain Brain

Mark Holmes, senior advisor for supply chain with InterSystems, lays out the challenges that manufacturers face in optimizing their repackaging processes, and proposes some solutions for addressing those hurdles.

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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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Empowering Success: Arena Coach Chloe Stabler Helps Medical Device Companies Embrace eQMS

Arena Solutions

Arena Customer Success Coach, Chloe Stabler, is no stranger to the stress of getting through an FDA audit. Like many quality professionals in the medical device industry, she often spent hours digging through filing cabinets to retrieve stacks of training records and other documentation for an assessment. It wasn’t until the implementation of Arena QMS that Chloe’s organization streamlined compliance and realized the benefits of embracing an electronic quality management system (eQMS).

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Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

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Road Freight 2024: What to Check to Improve Transport Costs & Service

Logistics Bureau

Need to reduce your road freight costs or improve transport/trucking service? There are some things you should be looking for. So, what are the common challenges that people are facing when it comes to road freight? Watch the video below and get some tips!  Related articles on this topic have appeared throughout our website, check them out: 10 Freight Management Mistakes and How to Avoid Them Freight Benchmarking: What Is It?

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GE Business to Build Turbines for Massive Wind Project

Supply Chain Brain

GE Vernova will utilize its Pensacola, Florida factory to fulfill the large order, while tower manufacturing operations will come from facilities in Texas, New Mexico and Colorado.

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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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What Kind of Reset Does the Supply Chain Need? Part One

Enterra Insights

What comes to mind when you hear the word “reset”? According to the Oxford Dictionary , reset means to “set again or differently.” When it comes to the so-called “supply chain reset,” setting up differently should be the working definition. Why? EY analysts Matthew Burton and Joost Vreeswijk insist the world has changed so dramatically that resetting to old ways of doing things would be both impractical and illogical.[1] They explain: “ Over the last cou

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Choosing Warehouse Sorting Systems for the Future

Supply Chain Brain

Perhaps more than any other warehouse systems, sorters are also among the most time-tested and multi-faceted solutions in use today.

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How to Successfully Onboard a New Business Intelligence & Reporting Solution

Silvon Software

The right business intelligence and reporting software can significantly enhance business outcomes by giving decision makers greater visibility and insight into sales and operational performance. But getting your whole team psyched up to use and get the most value out of a new data analysis (or, business intelligence) application may not always be easy.

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Big Batteries May Save U.K. Power System Up to £24B by 2050

Supply Chain Brain

The British government is promoting big batteries as a means to store cheap renewable electricity at times when the grid is oversupplied.

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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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5 MercuryGate TMS Features to Discover in 2024

MercuryGate

We believe the MercuryGate TMS is truly the best transportation management system on the market. However, the TMS features are so vast that many customers still underutilize the platform. The post 5 MercuryGate TMS Features to Discover in 2024 appeared first on MercuryGate International.

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How to Implement Vendor Management Software Successfully

ProcurePort

In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.

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Loose Parts Discovered on Boeing MAX 737 9 Jets

Supply Chain Brain

The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.

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2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. In a prior posting related to this series , we shared excerpts from our first prediction, which sets the overall context and perspectives for supply chain management teams in the coming year.

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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.