Tue.Jan 02, 2024

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5 Supply Chain Best Practices Predictions for 2024

MercuryGate

Order and shipment volumes slowed significantly since the record levels of 2020 and 2021, and excess carrier capacity abounds as we close out 2023. The economy improved somewhat, but it isn’t roaring to life. Inflation continues to worry consumers. Heading into 2024, adopting forward-looking supply chain best practices prepares your organization for the next turn in a volatile environment.

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Trying to Push Content Above the Noise

Supply Chain Shaman

Today is a writing day. My last post was December 7th, 2023. The month of December was my longest writing respite since I started this blog in January 2010. Posting the first blog seems like yesterday, but thirteen years and over 540 blogs later, taking a pause from a weekly deadline was badly needed. I give thanks for all my readers, but I relished the break.

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Bridging the Decision Abyss

Supply Chain Brain

A call to action for supply chain and procurement leaders to demand better intelligence platforms.

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Bankruptcy Laws Unveiled: Know Your Rights And Options

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Bankruptcy Laws Unveiled: Know Your Rights And Options appeared first on IT Supply Chain.

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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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Elevating Your Supply Chain: John Galt Solutions' Pinnacle Moments of 2023

John Galt

As we carry great momentum into 2024, we reflect on a few highlights from our year empowering supply chains across the world.

More Trending

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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape.

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The Importance of Embedded Systems in Electronics Industry

IT Supply Chain

By Christine Baker (pictured) Content Writer The post The Importance of Embedded Systems in Electronics Industry appeared first on IT Supply Chain.

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. Though this topic has been thoroughly researched, its basics and practical advice on successfully implementing it have often been overlooked in the endless blog posts on Google search results pages. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and t

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Tesla Reports Record Vehicle Deliveries for Q4 and 2023

Supply Chain Matters

In our first posting of 2024 we highlight global EV automaker Tesla’s reported record Q4 and full year 2023 vehicle delivery performance this week. According to a company release , the EV automaker produced approximately 495,000 vehicles and delivered over 484,000 vehicles in the final quarter. For the full year, vehicle deliveries grew 38 percent on a year-over-year basis to 1.81 million vehicles.

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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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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

By Inés Alcántara, Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success. There are five pivotal solutions and trends that are reshaping the logistics landscape. From leveraging the power of AI to embracing eco-logistics, we will uncover the essential strategies to thrive in this complex and exciting field.

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Supply Chain Leadership Series VIII: Todd Imhoff, CEO, Restaurant Supply Chain Solutions (YUM)

NC State SCRC

Running a Purchasing Cooperative involves many stakeholders! As President and CEO Restaurant Supply Chain Solutions (RSCS) , Todd Imhoff is responsible for all aspects of RSCS’s business strategy, overseeing the quick-service restaurant industry’s largest supply chain cooperative. Exclusively representing the iconic YUM! Brands restaurants and A&W, he drives the strategic direction of the RSCS supply chain including the oversight of nearly $7 billion in food, beverage , and restaurant equi

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Global Supply Chain News on The Impact of Houthi Attacks on Shipping in the Red Sea

Supply Chain Digest

Many Container and Bulk Ships Forced to Sail Around Africa

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Increase Picking Density with Mezzanines, Pick Towers, and Automation

Supply Chain Brain

Warehouse operators can increase the density of their pick operations by installing pick towers and mezzanines within their current facilities, boosting throughput inside their existing building.

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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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How to achieve All Mile Excellence with the power of Artificial Intelligence in the best logistics software

Loginext

This article provides a comprehensive overview and key stats on the landscape of logistics operations and the best logistics software. It also highlights the impact of AI in logistics operations and how it can be integrated into logistics software to enhance operational capabilities. The post How to achieve All Mile Excellence with the power of Artificial Intelligence in the best logistics software appeared first on loginextsolutions.com.

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India Truckers Strike Threatens Food, Fuel, Goods Supplies

Supply Chain Brain

The truckers launched the strike January 1 in protest against the newly enacted criminal law which extends the jail term for hit-and-run cases to a maximum of 10 years.

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Happy New Year! What’s In Store for Supply Chains?

Enterra Insights

The late business guru Peter F. Drucker once stated, “Whenever you see a successful business, someone once made a courageous decision.” For years, business consultants have encouraged businesses to become data-driven. They could just as well have insisted that businesses become decision-driven — it is the decisions made as a result of analyzing data that are really important.

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Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron

Supply Chain Brain

The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.

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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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Flying High: Innovations and Challenges in Aerospace Supply Chains Amidst Rising Global Demand

Resilinc

Resilinc’s President of Government, Defense, and Aerospace, Peter Guinto, provides insight into what’s top of mind for Aerospace and Defense supply chains. In 2023, there was a resurgence in demand within the aerospace and defense (A&D) industry, according to Deloitte. On the commercial side, air travel returned to pre-pandemic levels, leading to heightened demand for both new aircraft and after-market products and services.

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Maersk Again Pauses Red Sea Operations After Houthi Attack

Supply Chain Brain

The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.

Company 101
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U.S. Passes China as South Korea’s Top Export Market

Supply Chain Brain

South Korea sold $11.3 billion of goods to the U.S. in December 2023, beating out China by roughly $400 million.

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Tesla Beats Q4 Delivery Estimates

Supply Chain Brain

The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.

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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.