Mon.Oct 16, 2023

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What Does Good Look Like S&OP?

Supply Chain Shaman

The journey for S&OP is a road with many ruts and potholes. In my opinion, the road is tougher today because it is paved with good intentions but creating ruts. I am also amazed. In my twenty years of following the progression of S&OP as an analyst, I am amazed at the number of “experts” with so little expertise. Let me start by saying that t he process is not a panacea to solve all supply chain ills.

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Modernizing the Warehouse with Andy Johnston

The Logistics of Logistics

Andy Johnston and Joe Lynch discuss modernizing the warehouse. Andy is the Senior Director of Innovation at GEODIS , a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. About Andy Johnston Andy Johnston joined GEODIS in 2012 and currently serves as the Senior Director of Innovation for the Americas region.

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How to Calculate Reorder Points with the ROP Formula

ShipBob

Table of Contents ** Minutes What is a reorder point (ROP)? Why is the reorder point important? What is the reorder point formula? How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Storing too much inventory eats up your budget in terms of warehousing costs and available capital, but you also need enough inventory to account for unexpect

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How Packaging Influences Consumer Perception And Boosts Sales

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post How Packaging Influences Consumer Perception And Boosts Sales 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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The Essential Role of 3PL in Modern Supply Chains: Unlocking Success with ModusLink

ModusLink Corporation

3PL in Modern Supply Chains Introduction In today’s rapidly evolving global business landscape, supply chain management has become more complex than ever. Companies face the challenge of meeting customer demands for faster delivery, maintaining cost efficiency, and adapting to ever-changing market dynamics. To address these challenges, many organizations are turning to Third-Party Logistics (3PL) providers.

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RS Integrated Supply Joins Signatories of UK’s Armed Forces Covenant

Synovos

RS Integrated Supply Joins Signatories of UK’s Armed Forces Covenant Pledges Commitment to Veterans and Families WARRINGTON, UK / RADNOR, PA 12 OCTOBER 2023 – RS Integrated Supply announced it has joined the growing list of companies and organizations that have signed the Armed Forces Covenant, a commitment to improve the lives of service members and their families in the United Kingdom.

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Real-time visibility is vital in maintaining Supply Chain resiliency

IT Supply Chain

By Jonathan Wright (pictured) Director of Products & Operations at Global Cloud Xchange The post Real-time visibility is vital in maintaining Supply Chain resiliency appeared first on IT Supply Chain.

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Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

Every manufacturer knows the importance of raw materials – without them, there’s no final product. But it’s not easy keeping track of all the essential elements needed to keep the production line productive. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes.

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Why a robust risk management and cyber resiliency plan is an absolute necessity

IT Supply Chain

By Simon Church (pictured) Chairman, Xalient The post Why a robust risk management and cyber resiliency plan is an absolute necessity appeared first on IT Supply Chain.

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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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Gamification is Badly Overhyped, but it Really Can Work in Retail

Logistics Viewpoints

Distributed order management solutions can support a ship-from-store strategy. The book You’ve Been Played was written by a software developer who created one of the most popular gamified apps in the world. He writes, “over the years, I’ve found little evidence that most gamification actually works.” I’ve encountered gamification in enterprise applications.

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Innovative Casinos: How IoT is Transforming The Gaming Industry?

IT Supply Chain

By John Hampton (pictured) Content Writer The post Innovative Casinos: How IoT is Transforming The Gaming Industry? appeared first on IT Supply Chain.

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Update on Appointment Scheduling API Standard

Talking Logistics

Last December, Convoy, J.B. Hunt, and Uber Freight announced the formation of the Scheduling Standards Consortium (SSC), “which aims to solve transportation scheduling challenges by establishing the freight industry’s first formal set of appointment scheduling application programming interface (API) standards.​​” Earlier this month, the SCC announced “the achievement of a landmark milestone — the publication.

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How businesses can tackle digital transformation in the face of economic uncertainty

IT Supply Chain

By Vaibhav Vohra (pictured) Chief Product & Technology Officer, Epicor The post How businesses can tackle digital transformation in the face of economic uncertainty appeared first on IT Supply Chain.

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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 Google Announces AI Tools for Manufacturing

Supply Chain Digest

Offers Five Use Cases in Manufacturing for Generative AI

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Customer Support and AI: Revolutionizing Service Excellence

IT Supply Chain

By Christine Baker (pictured) Content Writer The post Customer Support and AI: Revolutionizing Service Excellence appeared first on IT Supply Chain.

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Supply Chain News on Top Issues for the Trucking Sector for 2023 from ATRI

Supply Chain Digest

The Economy, Lack of Parking Top the List

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Maven VCTs launch £40 million fundraise

IT Supply Chain

By Nicholas Hyett (pictured) Investment Manager, Wealth Club The post Maven VCTs launch £40 million fundraise appeared first on IT Supply Chain.

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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 Will 2023’s Peak Season Compare to Others?

Supply Chain Brain

If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.

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5 Tips to Educate Employees about Hygiene and Safety at Work

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post 5 Tips to Educate Employees about Hygiene and Safety at Work appeared first on IT Supply Chain.

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How Intelligent Automation Can Enable Sustainability in Manufacturing

Supply Chain Brain

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.

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Understanding Procurement Contracts

Precoro

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. Procurement contracts are the cornerstone of fruitful business relationships between organizations and their suppliers.

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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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Creating and Exploiting Probabilistic Forecasting Scenarios

The Smart Software

Probabilistic scenarios are sequences of data points generated to represent potential real-world situations. Unlike scenarios in war games or other simulations, these are synthetic time series used as inputs to system models or as intuition-builders for decision-makers. The post Creating and Exploiting Probabilistic Forecasting Scenarios appeared first on Smart Software.

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Want to Keep Good ESG Data? Foster its Source

HICX Solutions

How the suppliers that once fed the problem can contribute to its solution By Costas Xyloyiannis What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. This year, it leapt right up the priority list, from seventh place to second. Elevating ESG, however, is tough to deliver.

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Unlocking Success in CPG Companies: Inventory Planning & Optimization

StockTrim

Consumer Packaged Goods (CPG) businesses are the backbone of the retail industry, providing consumers with everyday products that range from food and beverages to personal care and household items. For small and medium-sized CPG businesses with annual turnovers between $2 million and $25 million, efficient inventory planning and optimization can make all the difference in achieving success.

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Watch: The State of the Freight Market: What a Difference a Year Makes

Supply Chain Brain

The parcel and freight market has seen big changes in the dynamic between shippers and carriers over the past 12 months. Jason Smith, assistant vice president with U.S. Bank, explains.

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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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3PL's Perspective on the Israel-Hamas Conflict

American Global Logistics

Welcome to the New Normal. Volatility and uncertainty just won’t fade away. Instead, instability seems to crop up without pause. And the impacts seem to last longer with greater repercussions. As a Third-Party Logistics provider (3PL), we are acutely aware of the disruptive effects of geopolitical incidents on the global supply chain. One such event is the current conflict between Israel and Hamas.

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Ford Calls on UAW to Cease ‘Acrimonious’ Strike

Supply Chain Brain

Bill Ford warned October 16 that the longer the strikes last, the more it helps non-union competitors such as Toyota Motor Corp., Honda Motor Co. and Tesla Inc.

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U.K., Europe, Doing Little to Address Forced Labor in China’s Seafood Industry

Supply Chain Brain

While the U.S. government has taken some steps to block such imports, neither the British government nor the European Union has followed Washington’s lead.

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