Mon.Dec 11, 2023

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Is Technology Ready To Stem The Tide Of Supply Chain Health And Safety Hazards?

All Things Supply Chain

The US supply chain underwent huge changes as a result of Covid-19 pandemic and it has never fully recovered.

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The Coolest Supply Chain Boutique Consultants

Logistics Viewpoints

I’ve completed research on supply chain planning (SCP) boutiques. My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. What is a boutique? A boutique is a small, regionally focused system integration and consulting firm.

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Bringing Together Supply Chain and Logistics Collaboration with Business Networks

Talking Logistics

As we head into 2024, it’s important to remember (and apply!) the important lessons learned from the past few years, especially those in response to the Covid pandemic. One of the key lessons learned is the importance of creating a resilient supply chain. As the authors of a July 2021 Boston Consulting Group article state, Read more The post Bringing Together Supply Chain and Logistics Collaboration with Business Networks appeared first on Talking Logistics with Adrian Gonzalez.

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Manifest 2024 with Pam Simon

The Logistics of Logistics

Pam Simon and Joe Lynch discuss Manifest 2024. Pam is the EVP and Conference Chair at Manifest: The Future of Supply Chain & Logistics which will be held February 5th – 7th, 2024, at Caesars Forum, Las Vegas. About Pam Simon Pam Simon is a successful entrepreneur and business connector with more than 15 years of experience in event production, content creation, experiential marketing and angel investing.

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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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ToolsGroup Recognized as a Leader in the SPARK Matrix for Intelligent Retail Pricing & Promotion Optimization by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK MatrixTM: Intelligent Retail Pricing & Promotion Optimization (IRP&PO), Q4, 2023 includes a detailed analysis of glo

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Are You Playing the Inventory Guessing Game?

The Smart Software

Some companies invest in software to help them manage their inventory, whether it’s spare parts or finished goods. But a surprising number of others play the Inventory Guessing Game every day, trusting to an imagined “Golden Gut” or to plain luck to set their inventory control parameters. But what kind of results do you expect with that approach? The post Are You Playing the Inventory Guessing Game?

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How to Embrace AI and Its Role In Channel Businesses

IT Supply Chain

By Nick Ball, (pictured) IT Director at Agilitas The post How to Embrace AI and Its Role In Channel Businesses appeared first on IT Supply Chain.

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Mastering Data Flow in Your Supply Chain

Supply Chain Brain

It’s not too late to course-correct your data practices, but you have to take that first step sooner rather than later.

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Advanced Analytics and Automation Transform Supply Chains

Global Trade Management

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. While they are essential for the smooth operation of a company, supply chains come with inherent risks that, if not managed effectively, can have far-reaching consequences. This newsletter will explore how analytics can revolutionize supply chain management, mitigating risks and enhancing operational efficiency.

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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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A Deep Dive Into How IoT Tracker Sensors Work and Integrate with Cold Chain Existing Systems

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post A Deep Dive Into How IoT Tracker Sensors Work and Integrate with Cold Chain Existing Systems appeared first on IT Supply Chain.

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Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 trillion, according to the United Nations trade body. This level represents a contraction of $1.5 trillion (or five percent) compared to a record high level in 2022.

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Gartner on the Big Impact of Supply Chain Logistics

Supply Chain Digest

Understanding Cost Reduction and Cost Optimization Differences.

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Our Upcoming Supply Chain Matters Podcast Episode

Supply Chain Matters

In this update we want to alert our Supply Chain Matters global readership to our latest upcoming podcast episode. Multi-industry supply chain teams continue to focus on the final aspects of supporting and executing Q4 and 2023 business goals. At the same time, teams are turning their attention to plans for the year 2024. In conjunction with our research arm’s 2024 Predictions for Industry and Global Supply Chains Advisory that will publish in January 2024, and to further assist supply chain le

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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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Types of Procurement Reports: Definition & Benefits

SCMDOJO

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

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Yellow Rejects Rescue Bid

Supply Chain Brain

The trucker's lawyers rejected an attempt to resurrect the company shortly after an auction in bankruptcy court raised nearly $1.9 billion for a swath of terminals around the country.

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Navigating the Fast Lanes of the CEP Industry With Logistics Management Software

Loginext

This White Paper highlights the need for a comprehensive logistics management system in the CEP industry. With the need for visibility and speed at the core of every logistics operation, the CEP industry is undergoing a transformative journey. Let's dive into the challenges and transformations, and explore the role of LogiNext's Logistics Management Software in the CEP industry to improve ROI.

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Keys to Designing and Building Automation Projects

Supply Chain Brain

General contractors must embrace their new role as technology experts to better help clients navigate how and when to best utilize innovations of today.

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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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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Why understanding the principles of price elasticity is especially critical post-pandemic This year, many companies have recognized the apparent limitations in the traditional ways we do business. Supply chains collapsed, demand became unpredictable, and enterprises worldwide are struggling. Many companies are reassessing their approaches to supply chain in response to the unpredictable results during the pandemic.

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Drayage Business at Technological Crossroads, Software Exec Says

Supply Chain Brain

People in trucking have been doing the same thing the same way for a long time, so getting them to commit to new technology is a little bit of a challenge.

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Learn The Secret Psychology Of Price

ToolsGroup

The 5 strategic questions to design optimal price points and promotions Das Narayandas , Professor at Harvard Business School, recently told me: Pricing is the moment of truth 100% of your revenues depend on your pricing, no matter what. By learning about the psychology of pricing, you can leverage this to your advantage, whether on the customer or the supplier side.

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BIMCO Adopts ETS Carbon Trading Clauses to Meet EU Requirements

Supply Chain Brain

BIMCO says its new ETS clauses have been developed for use with any applicable emission scheme, including, but not limited to, the EU ETS.

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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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Maximizing the Advantages of a Purchase Order Approval Process

ProcurePort

Understanding the Purchase Order Approval Process At its core, a Purchase Order (PO) Approval Process is a structured workflow that organizations follow to authorize and monitor the procurement of goods and services. It typically involves several stages, including the initiation of a purchase request, creation and submission of a purchase order, and final approval from […] The post Maximizing the Advantages of a Purchase Order Approval Process appeared first on ProcurePort Blog.

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Grounded Dark-Fleet Oil Tanker Gets Cargo Removed Near Indonesia

Supply Chain Brain

A so-called dark fleet of tankers like the Liberty, which already existed before Russia invaded Ukraine, has ballooned since.

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5 Data Granularity Mistakes That May Cost You

ToolsGroup

How closely should you look at your data to maximize returns? In the age of big data, the challenge is no longer accessing enough data; the challenge is figuring out the right data to use. In a past article , I focused on the value of alternative data, which is a vital business asset. Even with the benefits of alternative data, however, the wrong data granularity can undermine the ROI of data-driven management.

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Merck Navigates Chip Geopolitics With ‘China For China’ Strategy

Supply Chain Brain

The German company adopted the “China for China” strategy in 2018 to meet surging demand for its LCD panels there.

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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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Empowering Supply Chain Management Through Digital Transformation

HICX Solutions

The vital role of digital transformation in today’s business environment The development of new technologies and widespread digital adoption has led to digital transformation having emerged as one of the most critical factors in the business landscape. An increasing number of organizations recognize that to remain relevant in increasingly competitive markets, digital adoption is no longer just beneficial, but is instead essential for the long-term viability of the business.

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Discover How a Leading Tech Retailer Dropped It’s Inventory Strategy & Embraced AI

BlueYonder

Inventory control represents a huge challenge for any retailer. In fact, inaccurate inventory is the single biggest cause of poor customer experience, according to a new survey by Blue Yonder. Canada’s largest tech retailer got ahead of these problems. By doing so, it transformed its business. How did the company overcome its inventory issues? By moving away from its longstanding approach and embracing artificial intelligence (AI).

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How ERP can make renewable energy companies more efficient

SYSPRO Smarter ERP

According to the International Energy Agency, renewable energy will account for 47% of the world’s electricity generation by 2030 — up from 30% in 2022. These include manufacturers of wind turbines, equipment used for solar power and hydropower, and components used in geothermal plants. As technology for green power evolves, there are new players entering the market, and some companies will be involved in multiple technologies for renewable energy.