Thu.Sep 07, 2023

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From Traditional Planning to Insight-Based Planning: A New Approach

Logility

The world of supply chain planning has undergone significant changes in the last few years and companies have changed their approaches to deal with such changes. One important change has been the shift from traditional planning to insight-based planning. In traditional planning, stakeholders come together to discuss and agree on numbers and actions to take based on those numbers.

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Addressing Global Food Security

Enterra Insights

According to McKinsey & Company partners, Daniel Aminetzah and Nicolas Denis , the world could be facing a significant food crisis in the near future. They explain, “The pandemic. Supply chain strains. Climatic events. Converging disruptions have sent food prices soaring — and Russia’s invasion of Ukraine, one of the world’s six breadbasket regions, risks tilting the food system into global crisis.”[1] Science writer Max G.

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The Evolving Role of Demand Planners: Demand Planning Solutions

Logility

How AI powered demand planning solutions revolutionize the role of demand planners In today’s fast-paced and competitive business landscape, organizations are constantly seeking ways to optimize their operations and improve their supply chain. A critical component of this process is demand planning , which involves forecasting future demand for products or services whilst taking into account the trade-offs within the business.

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Watch: Driving Sustainability From the Root of the Supply Chain

Supply Chain Brain

There are multiple trends driving sustainability in the supply chain right now, says Frank Clary, vice president for sustainability at multi-business operator and investor Agility.

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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 Estimated impact of ChatGPT on Supply Chain Planning

Logility

In a recent webinar on ChatGPT for Supply Chain Planning, we were joined by JDE’s IBP Director, Tineke Kok, and Martijn Lofvers from Supply Chain Media. We surveyed 1425 registered attendees to understand their perceptions of the impact of ChatGPT on Supply Chain Planning. According to the survey, 79% of the respondents perceived a high or very high impact of ChatGPT on Supply Chain Planning.

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Unlocking Supply Chain Decision-Making Secrets

Demand Driven Technologies

At our French user conference in June 2023, our partner DFYA reminded us that we’re constantly making a huge number of decisions. One figure put forward is 35,000 decisions per day for an adult human. If you do an Internet search on the number of decisions per day, Google will indeed give you 35,000. However, the.

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Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. Distinguishing Inventory Management from Supply Chain Management: While inventory management and supply chain management are closely related, it’s important to recognize that these terms are not interchangeable.

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How Continuous Improvement Became Part of Our DNA

NFI

Reading Time: 3 minutes The supply chain landscape is evolving, and the key to staying ahead lies in your 3PL partner’s ability to innovate, adapt, and grow. NFI’s Supply Chain Engineering team has harnessed these elements to create a continuous improvement strategy that brings value to our employees and customers.

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Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. Distinguishing Inventory Management from Supply Chain Management: While inventory management and supply chain management are closely related, it’s important to recognize that these terms are not interchangeable.

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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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Requis Analytics: Procurement Intelligence

Requis

As data volumes and complexity grow, procurement professionals increasingly recognize the need for accurate and transparent data management. This is essential for managing equipment flow, selecting suppliers, negotiating contracts, and mitigating risks. Data has long been a problem for procurement, with 97% of Dun and Bradstreet survey respondents indicating that supplier data management is an area of struggle for their teams.

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Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. Distinguishing Inventory Management from Supply Chain Management: While inventory management and supply chain management are closely related, it’s important to recognize that these terms are not interchangeable.

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Logility to Acquire ChatGPT Technology Provider Garvis

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech highlights breaking news regarding the announced acquisition of European based LLM AI tech provider Garvis by Logility. Today there are two breaking news developments regarding supply chain management technology providers. In our prior posting, we highlighted reports that Dave Clark, former senior business executive at Amazon , has suddenly resigned as CEO of Flexport after taking the reins of the digital start-up in March.

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What are the Technical Aspects that Transform Personal Finance Management?

IT Supply Chain

By Dwight J. Lawrence (pictured) Content Writer The post What are the Technical Aspects that Transform Personal Finance Management? 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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Breaking- Dave Clark Announces Departure From Flexport

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech highlights breaking news that Dave Clark has unexpectedly resigned as CEO of digital freight technology services provider Flexport. There are two breaking news developments regarding supply chain management technology providers, one being rather surprising. We begin with yesterday’s sudden and somewhat unexpected news that Dave Clark, the former senior well recognized Amazon worldwide consumer business executive, announced that he is stepping

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Enterra Solutions Transforms Promotion Practices

Enterra Insights

Princeton, NJ – Enterra Solutions , the leader in autonomous value-chain optimization, planning, and decision-making solutions, and The Hershey Company (NYSE: HSY), one of the largest chocolate producers in the world, have announced their partnership under a multi-year Solution-as-a-Service contract. Leveraging the Enterra Autonomous Decision Science (ADS ® ) & Generative AI technology platform, Enterra System of Intelligence will autonomously analyze, optimize, and prescribe recommendations

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Statistics, ML & AI in Demand Planning Software: Are All Created Equal?

Logility

In the realm of demand planning, it is essential to understand the differences between statistical forecasts, machine learning (ML) methods, and artificial intelligence (AI). These terms are often misused, leading to confusion and obscuring the unique differences. This article aims to demystify the terminology by shedding light on the crucial distinctions and highlighting how each approach contributes to the field of demand planning.

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Supply Chain and the Urban Doom Loop

Supply Chain Digest

Could an Unvirtuous Cycle that Started with Remote Working Turn US Cities into Ghost Towns

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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 Human-Robot Interaction Creates a More Humane Workplace

Amware Logistics and Fulfillment

Whether you view warehouse robots as the Terminator or R2D2 depends on the degree of personal human-robot interaction you’ve had. “Seeing is believing,” says Kait Peterson, Senior Director, Product Marketing at Locus Robotics. You have to touch, feel and see the technology to understand how it improves work environments. Once people do, she says they’re all in on robots, naming them and thinking of them as their autonomous friends around the warehouse.

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Supply Chain Graphic of the Week on a Look at US Truck Freight Volumes since before the Pandemic

Supply Chain Digest

Truck Tonnnage still below 2019 Levels, ATA says

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Happening Now: Contract Talks Begin at East Coast Ports

West Coast and California Logistics

The current contract for dockworkers at East Coast and Gulf Coast ports is set to expire over a year from now, in late September 2024. According to The Wall Street Journal , unions representing workers at ports from Maine to Texas have already begun contract talks with the ports in hopes of coming to an agreement well ahead of that expiration date.

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Three Organizations Agree to Build Hydrogen-Powered Tourism Ship

Supply Chain Brain

The 40-seat vessel, which is outfitted with a 350-kilowatt hydrogen fuel cell, qualifies as a research, development and demonstration (RD&D) project under South Korea’s national hydrogen strategy.

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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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60 Seconds with Mike Field, President and CEO of Raymond’s University Research Program

Supply Chain 24/7

Modern's editors sat down with Mike Field to discuss to discuss Raymond’s University Research Program

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Maintaining Warehouse Equipment During Peak-Season Demand

Supply Chain Brain

This year, among the most challenging curveballs that warehouses will face is getting the equipment they need when they need it.

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60 Seconds with Mike Field, President and CEO of Raymond’s University Research Program

Supply Chain 24/7

Modern's editors sat down with Mike Field to discuss to discuss Raymond’s University Research Program

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Boeing Warns 737 Deliveries to Be at Low End of 2023 Target

Supply Chain Brain

Narrowbody handovers will be near the bottom of Boeing’s goal of shipping 400 to 450 of the popular 737 jets this year, said chief financial officer Brian West.

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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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The Robot-Powered Warehouse: Upskill Associates for Improved Retention

Locus Robotics

By Mary Hart Warehouse employment is projected to grow 5% over the next decade according to the Bureau of Labor Statistics. With over 1 million job openings expected annually, warehouse managers need strategies to attract and retain talent in this competitive hiring environment. The rise of warehouse robots and automation may seem threatening to facilities and associates that aren’t used to technology, but they’re not a threat.

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Neptune Lines Orders Two Car Carriers from Fujian Mawei

Supply Chain Brain

The 4,200 car equivalent unit (CEU) dead freight pure car and truck carriers (PCTC) will be delivered by Fujian Mawei Shipbuilding by 2026.

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Tecsys Reports Record Revenue for the First Quarter of Fiscal 2024

Tecsys

SaaS Revenue Rises 44% and Total Revenue Rises 23% in the First Quarter

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