Mon.Sep 04, 2023

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price.

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Niger Coup Heightens Worries Over France’s Uranium Reliance

All Things Supply Chain

In the Sahel region of Africa, political instability and corruption has run rife since decolonisation from European nations. Arbitrary borders were drawn without the consideration of who they will affect.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

I’ll start this post off with a straightforward question. Have you conducted a cost-to-serve (CTS) analysis for your enterprise? If you can answer with a “Yes”, I applaud you. If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories.

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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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Five Foolproof Ways to Shorten the Cash Conversion Cycle

Precoro

According to The J.P. Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. But how can companies unlock this capital? The answer lies in their cash conversion cycles. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

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Watch: On the Journey to the Autonomous Supply Chain

Supply Chain Brain

Nitin Jayakrishnan, co-founder and chief executive officer of Pando, discusses how businesses can embrace new technology to meet the challenges of today.

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Navigating the Waves: The Unsung Heroes of the Maritime Industry – The Tug Boats

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Navigating the Waves: The Unsung Heroes of the Maritime Industry – The Tug Boats appeared first on IT Supply Chain.

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Supply Chain Matters Labor Day Salute

Supply Chain Matters

On this Labor Day holiday, the Supply Chain Matters blog extends our salute and recognition to the many supply chain workers who plan, procure, coordinate, and directly support the movement of multi-industry components and finished products to respective markets and to businesses and consumers. September 4 marks the celebration of the Labor Day holiday in both the United States and Canada.

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Company business phone system for SMBs

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Company business phone system for SMBs 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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Supply Chain News on US PMI Shows US Manufacturing Declined for the 10th Straight Month in July

Supply Chain Digest

Nearly all Measures again Show Contraction

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U.S. Offering $12B to Automakers and Suppliers for Advanced Vehicles

Supply Chain Brain

About $2 billion in grants for advanced vehicles will come from the Inflation Reduction Act while another $10 billion will be provided by the Energy Department’s Loans Program Office.

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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

“The line between disorder and order lies in logistics…” (Tzu, 496 B.C). Accordingly, if organizations want to succeed and grow in the long-term, they need to cooperate, organize, and manage their logistics very wisely and mitigate its problems and risks simultaneously. In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation.

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Unlocking the AI Advantage: How SMBs Can Compete in E-Commerce With Enterprise-Level Solutions

Supply Chain Brain

SMBs can use cloud-based AI solutions with affordable and scalable capabilities, allowing smaller businesses to capitalize on AI algorithms without large upfront investments.

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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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Six Package Sorting Mistakes That Impact Your On-Time Delivery Rates

Locus

Imagine your name is Katie Wilson. One fine morning, you received the order with a different name, Katie Richardson, and address. Say the same thing happens to Katie Richardson, too. Isn’t it frustrating? These troubles occur as a result of sorting mistakes in the warehouse. Every sorting mistake that gets committed leads to a fall in on-time delivery rates , resulting in the company losing more dollars from its pocket.

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Spanish Food Industry Group Makes Plea for Water as Drought Threatens Crops

Supply Chain Brain

The government should develop new water interconnections and transfers between basins and invest in expanding and modernizing water storage as well as irrigation infrastructure, Fiab said in the statement.

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Carving a path forward for more integrated healthcare systems

Axway

In part two of this series, we discussed how healthcare interoperability mandates can be used as an opportunity to modernize, scale, and create value.

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Safeguarding Against Cyberattacks With Zero Trust Architecture

Supply Chain Brain

Cyberattacks are posing a significant risk to critical infrastructure such as electricity, water supply, transportation systems and healthcare facilities.

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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 analytics embedded in your ERP system can enable different manufacturing roles

SYSPRO Smarter ERP

As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. However, the race for greater access to data-driven decision-making tools has created a challenge of managing and delivering data to users in tools that they can effectively use in their day-to-day lives.

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Labor Day 2023

Enterra Insights

Civilization has always moved forward on the backs of laborers (i.e., the people who actually do the work that makes society function). From the great manmade wonders of the ancient world to the amazing technologies that have revealed the wonders of the universe, human labor has played a vital role. The staff at the Khan Academy notes, “About 12,000 years ago, human communities started to function very differently than in the past.